Mallya remains elusive to India as the United Kingdom informed the government that they cannot comply with their request to deport him
The Enforcement Directorate in October last year had filed the complaint against Raju and 212 others, including 166 companies, before the XXI Additional Chief Metropolitan Magistrate Court cum Special Sessions Judge here for allegedly laundering funds under a 'corporate veil' to perpetrate the accounting scam that rocked the business world in 2009.
No one knows where billionaire Nirav Modi emerged from. What is known is that when he came (back) to India, he cut his teeth in the diamond business under the tutelage of his jeweller uncle. Then he began to build a glittering international brand. Soon even Hollywood stars like Kate Winslet and Dakota Johnson were walking the red carpet showing off Nirav Modi jewels.
According to the EY Global Information Security survey, companies are lacking agility, budget and skills to mitigate known vulnerabilities
ED's zonal office in Mumbai, they said, is preparing legal papers to take the next step in the wake of Mallya skipping the third summons that required him to "personally" join investigations on April 9.
As many as 68 artworks went under the hammer on Tuesday evening and included works by the greats like Raja Ravi Varma, V S Gaitonde, F N Souza, Jogen Chowdhury, and Akbar Padamsee among others.
For stressed loans, the need is to prevent disruption in cash flows from a systemic perspective, conserving employment and assets in untainted enterprises with the potential for recovery, says Shyam Ponappa.
Indian diplomat Devyani Khobragade has moved a federal court here to dismiss the visa fraud case against her, saying there is lack of personal jurisdiction since she had been accorded full diplomatic immunity by the US Department of State.
Every online user must put these additional security layer in place to prevent theft of their online identities and vital information like user IDs and passwords
The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law.
Officials said the addition shows the measure was set on the basis of security and was not a 'Muslim ban'.
'All governments try owning the message, but the Modi-Shah BJP has developed it into a fine art.'
The bench also said there was merit in ED's contention that while the "driving force behind the companies" (Modi) was not submitting to the agency's jurisdiction, his companies cannot be given any discretionary relief.
Officials said the agency's Mumbai office officialy moved for a 'Red Interpol notice' against Modi on the basis of a non-bailable warrant issued recently by a special court in the western metropolis of the country.
Sebi imposed trading restrictions on 33 entities.
Rajya Sabha was adjourned barely six minutes after the House met.
Embattled FIFA President Sepp Blatter has told a Swiss newspaper that continental confederations, rather than soccer's world governing body, were to blame for the corruption scandal engulfing the game.
Legal experts are not sure if threat of confiscation of property will be deterrent enough for fleeing offenders
The Supreme Court-appointed SIT on Friday called for effective norms to curb betting in cricket and a stronger set of norms for P-Notes, while also making a case for bringing donations to educational and religious bodies under tax net.
Like Air India, there have been recent cyber attacks on some major airlines, including one in Canada, and a global airlines alliance
Citizens won't have faith in Digital India if their hard-earned money is looted by cyber criminals and cyber fraudsters from banks.
It is up to the government to take a decision on this before it starts auctioning.
Sebi's plea for such powers has been endorsed by the finance ministry.
The move came after a Mumbai court recently issued a non-bailable warrant against the former IPL commissioner.
To facilitate such restrictions on entities found to have 'wilfully' defaulted on bank loans, the Reserve Bank is exploring ways to share details of these defaulters with Sebi on a real time basis.
The first to arrive at the Salt Lake office of the central probe agency here was the award wining actor and director Sen whose statement was recorded by ED which is probing her role as the Editor of a magazine brought out by the now defunct group.
The fate of Indian Premier League teams -- Chennai Super Kings and Rajasthan Royals -- will be known on Tuesday when the Supreme Court-appointed high-level Committee headed by former Chief Justice of India R M Lodha will pronounce the quantum of punishment against their franchisees and their team officials Gurunath Meiyappan and Raj Kundra for betting during the sixth edition of the T20 tournament in 2013.
Lauding the contribution of non-resident Indians in the development of the country, he said, 'Mahatma Gandhi, Sardar Patel, B R Ambedkar, Jawaharlal Nehru were all NRIs. They travelled the world and helped India with new perspectives.'
If there is no possibility of NRIs coming to India to vote, why should they get enrolled, asks Chief Election Commissioner V S Sampath.
The Enforcement Directorate (ED) has sought legal assistance from Singapore and Mauritius to take forward its probe in the alleged financial irregularities in the Indian Premier League tournament (IPL) and its former chairman Lalit Modi.
While your insurer will help you open an e-insurance account at the time of buying a policy, existing policyholders must do so themselves
In the year 2016, 8132 human trafficking cases have been reported in India.
Terry Walsh quit as coach of India's men's hockey team on Tuesday after his demands were not met by Hockey India and the Sports Authority of India. The 60-year-old Australian, who guided India to the men's hockey gold at the Incheon Asian Games, however, said he could return if his demands are met.
The ED has attached assets to the tune of Rs 9,003 crore and filed 173 charge sheets in the financial year 2014-15.
Listing out key initiatives, Adityanath said his government would launch a systematic drive to help retrieve 1,000 hectares of land in the grip of land mafia for years.
Not only is your privacy stripped stark naked, says Mitali Saran, the system itself is illegal and vulnerable.
Unfazed by the outrage over the arrest and subsequent treatment of senior Indian diplomat Devyani Khobragade, the India-born US prosecutor Preet Bharara defended the action against her and confirmed that her maid's family has been "evacuated" from India.
After an Intelligence Bureau report warning the PMO against non-profit bodies, the home ministry is likely to order an SIT probe into their functioning, reports Vicky Nanjappa.
Hitting back, Greenpeace India on Thursday said it will move court against Tamil Nadu government's notice threatening cancellation of its registration and alleged that the "perversely framed and maliciously designed" charges were levelled at the behest of Union home ministry.
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