Dubai-based billionaire BR Shetty has sued Bank of Baroda (BoB) and audit firm Ernst & Young (EY) in a New York court, accusing them of ignoring fictitious and fraudulent transactions that resulted in NMC Healthcare going bankrupt. Shetty is seeking $8 billion in damages in the suit that also names the top management of NMC Healthcare, and Netherlands-based Credit Europe Bank. A top NMC Healthcare official confirmed the development to Business Standard and said despite several meetings, senior BoB officials in India did not take remedial steps for fear of getting involved in an international ponzi scheme perpetrated by then senior management officials.
The central probe agency re-registered the first information report (FIR) of Goa Police on a reference from the Ministry of Home Affairs which was routed to it through the Department of Personnel and Training, officials said.
Will the latest development see a marked break from the way the case has been going?
Delhi witnessed violence during the January 26 tractor rally organised by protesting farmer unions to highlight their demand for repeal of the Centre's three farm laws.
The analysis showed that two backups of the iPhone 6s belonging to Wilson had digital traces showing infection by the Pegasus surveillance tool, which its developer, the Israeli cybersecurity firm NSO Group, has said has been licensed only to government agencies.
In a landmark overhaul of colonial-era criminal laws, the Centre on Friday introduced in the Lok Sabha three bills to replace the IPC, CrPC and the Indian Evidence Act, proposing among other things repeal of the sedition law and introducing a new provision with a wider definition of the offence.
The rape survivor, who is a postgraduate student at one of the colleges run by Chinmayanand's organisation, has alleged that she was raped and "physically exploited" for a year by the former Union minister.
The Supreme Court-appointed panels probing the unauthorised use of Pegasus found some kind of malware in five mobile phones out of the 29 examined but it could not be concluded that it was due to the Israeli spyware.
The fire department said the four-storey building, which did not have a fire safety certificate, had a single entry and exit point.
Former Uttarakhand DGP Aloke B Lal on Tuesday said the hurry shown in the demolition of the resort in question in the Ankita Bhandari murder case must have destroyed crucial evidence.
Bhartiya Kisan Union-Tikait leader Dilbag Singh, a witness in the Lakhimpur Kheri violence case, was allegedly attacked by two unidentified men in Lakhimpur Kheri, the police said on Wednesday.
After setting fire to three bottles filled with petrol, he threw them at the BJP state headquarters in the early hours.
The Uttar Pradesh police will get a psychological test done on Ahmad Murtaza Abbasi, accused in the attack on security personnel outside Gorakhpur's Gorakhnath temple, a senior official said on Thursday.
More people using the internet for financial and e-commerce transactions has led to job creation in a niche segment. Specialists who can help deal with rising technology (tech) frauds are in high demand amid the surge in electronic transactions during the pandemic. Demand for tech fraud experts has risen upwards of 35 per cent, reveals employment and human resource services company TeamLease Services.
Three people have been arrested in the alleged attack on a student from Arunachal Pradesh which later led to his death even as Delhi Police constituted a Special Investigation Team to probe the incident.
Sale and consumption of alcohol was completely banned in Bihar by the Nitish Kumar government in April, 2016.
The experts from Forensic Science Laboratory (FSL), Lucknow, in their report, have said that the car owned by Dilbag Singh, the Kheri district president of Bhartiya Kisan Union-Tikait and also a witness in the Lakhimpuri Kheri violence case last year, was stationary when it was hit by bullets.
A bag containing an improvised explosive device (IED) was found by the police in a house in the Old Seemapuri area in the northeastern part of Delhi on Thursday, a senior police officer said.
Two gangsters involved in the killing of singer Sidhu Moosewala were eliminated in an encounter by the Punjab police in Amritsar on Wednesday, an officer said.
The Army has initiated general court martial proceedings against a captain for the killing of three men in a staged encounter in Amshipura in south Kashmir in July 2020 after a Court of Inquiry found that troops had 'exceeded' powers vested under the Armed Forces (Special Powers) Act, officials said in Srinagar on Sunday.
The senior student wanted the parent-teacher meeting and exams to be postponed.
Dressed in pink, her hands flying about in eloquent gestures, excitement on her face, Indrani made quite a picture. There was pin-drop silence as she made strong points about why nothing in the hearings had uncovered anything against her. She spoke about there being "Not a shred of evidence... No scientific evidence because it didn't happen!"
While the trial of the Sheena Bora murder case is far from over, the story has seen some bizarre turns and twists so far.
Pardeep Singh was shot in his dairy shop at around 7 am in Kotkapura in Faridkot, the police said, adding that his security man and another person sustained bullet injuries in the incident.
A case has been registered against Karnataka Rural Development and Panchayat Raj Minister K S Eshwarappa for abetment of suicide in connection with the death of a civil contractor, the police said on Wednesday.
IEDs found in a Seemapuri house on Thursday and at the Ghazipur market last month were prepared with the intention of carrying out blasts at public places across the city, according to Delhi Police Commissioner Rakesh Asthana.
The girl was later sent to a juvenile home till January 31.
The medical board has ruled out murder in the death of Rajput, terming it 'a case of hanging and death by suicide', the premier institute's forensic chief Dr Sudhir Gupta had said last week.
The top court also held that medical opinion regarding the age of an accused cannot be 'brushed aside' in the absence of statutory proof on the same issue.
On November 7, the top court while acquitting the three convicts had said the law does not permit courts to punish an accused on the basis of moral conviction or on suspicion alone.
The mysterious Himalayan 'yogi' who allegedly advised Chitra Ramkrishna, former managing director and chief executive officer of the National Stock Exchange (NSE), on important matters of the bourse could be none other than Anand Subramanian, according to a letter written by former NSE chairman Ashok Chawla to the Securities and Exchange Board of India (Sebi). Subramanian was group operating officer of the NSE and advisor to Ramkrishna during 2015-16. He joined as chief strategic advisor in April 2013.
In just 18 frames, the photograph of the dainty Sheena, with her winsome smile and starry eyes, dissolved, flesh falling off her facial bones, into what the CBI alleged was her corresponding yellowed, morose-looking skull with hollow, haunting eye sockets.
Eleven suspected ISIS operatives arrested from across the country were today remanded in seven days NIA custody by a Delhi court.
The explosion took place in the wash room of the second floor of the court complex, said police.
Trade pundits and quick think piece experts can speculate all they like, but what works at the box-office is a mystery as always.
A post-mortem report stated that Singh had sustained 40 injuries over her body due to the drag. Her "brain matter" is missing and she had multiple contusions, abrasions and lacerations, the doctors found.
The incident took place when a police team had gone to raid history-sheeter Vikas Dubey's house.
German Chancellor Angela Merkel said the attack was linked to terror.
The SIT clicked photos and shot videos of the suspected places to examine the nature of the crime again.
However, Deloitte, the latter entity, says regulations don't mandate it to go beyond a basic examination of the books of accounts.
