A 45-year-old Indian national has been sentenced to a nine-month jail by a German court for spying on the Indian community in the country. Ranjit S, an electrician, violated the German law by engaging in espionage operations, the high court in Koblenz said in its verdict delivered last week.
Thomas Ninad's bank account was defrauded of Rs 14 lakh under mysterious circumstances.
With the latest approvals, there are now 16 registered investment advisers in the country, according to the list published by Securities and Exchange Board of India.
Wipro, HCL in race for Sebi's fraud detection system upgrade,
Use of blockchain technology will ensure that banks will not be blindsided like in the case of the Nirav Modi-Mehul Choksi blowout at PNB, says Raghu Mohan.
The bill provides for severe punishment ranging from 1 year to 10 years and pecuniary fines ranging from Rs 2 lakh to Rs 50 crore to act as deterrent.
For the baning sector, 2018 was a 'Year of Exits' - borrowers fled from the country as loans went kaput and many bank CEOs were forced to leave
The interest offered is mostly 0.5 to 1 per cent more than what other banks offer. Moreover, customer service and long-term association spanning generations are also other reasons for the popularity.
Park is charged with one count of conspiracy to commit computer fraud and abuse and one count of conspiracy to commit wire fraud.
The price movement and trading volumes for few days prior to Mistry's ouster will also be looked into
More than 60 individuals and entities, an overwhelming number of them Indians, were on Thursday charged by the Justice Department for allegedly participating in a multi-million dollar scam involving call centres based in India which conned thousands of American citizens.
A high-level three-member committee is formed to grow awareness about fraudulent job offers.
Most Asian currency and equity markets too suffered steep losses due to US rate hike fears.
Preliminary investigations conducted by capital markets regulator Securities and Exchange Board of India and inputs from other regulators and government departments suggest that some brokers were offering structured financial products to their HNI clients under some portfolio investments schemes for high returns of 10-20 per cent.
A team of South Zone Task Force on Thursday nabbed Mohammed Nasir of Bangladeshi origin (who had migrated to Pakistan) on charge of having close links with HuJI and helping a IM operative, an accused in the 2013 Dilsukhnagar twin blast.
A special task force of the SFIO recently submitted an interim report to the Corporate Affairs Ministry in this regard.
A government report revealed that fake companies floated with fake addresses, issued fake GST invoices and generated fake e-way bills, with fake vehicle registration details without supplying any goods causing huge loss to the exchequer.
In a 43-page order, SEBI said it will bar DLF and its chairman KP Singh along with five other company executives from accessing India's capital markets for three years.
Completing its over a-year-long probe into Saradha scam, the Serious Fraud Investigation Office (SFIO) has submitted its final investigation report to the government, which may soon start prosecution proceedings for numerous serious violations found during investigations.
India Inc had few tough issues to deal with in 2014.
What Director Mahesh Narayanan captures perfectly in C U Soon is the texture of our online conversations, observes Sreehari Nair.
Rajya Sabha member Rasheed Masood, convicted for fraudulently nominating undeserving candidates to MBBS seats in 1990-91, on Tuesday sought benefit of probation in a Delhi court, citing his long service to the nation and health reasons even as the Central Bureau of Investigation demanded nothing less than seven years jail term for him and a hefty fine.
A flavour-of-the-season approach does not work in investing, suggests Deepesh Raghaw.
Life insurance companies assert that the blockchain being created has strict protocols to leave no room for manipulation and exploitation, or unauthorised use of customer data and personal information.
Besides bank accounts, Sebi has also in various proceedings ordered depositories, NSDL and CDSL, to attach the demat securities accounts of the erring entities.
Gullible bank customers are getting fooled by callers who scare or lure them.
The CBI said the software enables the user to save all required details to book Tatkal tickets beforehand.
'The main reason people go to other countries is unemployment in Punjab'
So how does one protect themselves from misuse of their credit cards? Here are a few helpful suggestions.
After every corporate announcement, check your demat and bank accounts for necessary credits.
The typical modus-operandi of such entities involves setting up of a company, followed by tall claims about their proposed business ventures.
The Income Tax Department on Tuesday also raided 20 premises linked to Gitanjali Gems promoter Mehul Choksi and suspected shell firms in connection with an alleged tax evasion case against them, official sources said.
'NiMo having skipped, the next best bet is a high-profile banker.' 'Ms Usha happens to be in the wrong place at the wrong time.' 'Ms Usha's crime? That's as thin as it gets.'
Officials said it had informed the RBI about these alleged malpractices earlier and is regularly updating it about such modus operandi being deployed
The realty major is awaiting orders for the second proceedings.
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.
'If your loan application gets turned down by one bank, do not apply immediately to several others.' 'This makes you appear credit hungry and possibly in some form of financial distress.' 'Multiple enquiries affect your credit score adversely,' advises Mohan Jayaraman.
Without naming either the alleged kingpin of the fraud, billionaire jeweller Nirav Modi, or Punjab National Bank, Jaitley questioned the ethics of some businesses in the country and asked as to why the bank's internal and external auditors could not detect the fraud which had been going on for 7 long years.
From your fingerprint to most private images and financial info -- all your privacy is under constant threat from hackers.
'The category of crime and criminals called Maoist or Naxal or #UrbanNaxals is an illegitimate creation of right-wing propaganda media frenzy.' 'It is a fiction repugnant to the Constitution and the law of the land,' argue Vernon Gonsalves and Arun Ferreira.
