Legal battles initiated by 1,000-odd former employees of the Talegaon plant continue to present a challenge for the acquisition process.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
Special court judge M G Deshpande, who has granted bail to Shiv Sena MP Sanjay Raut, terming his arrest as "illegal, without reason and a witch-hunt", had pulled up the Enforcement Directorate (ED) on multiple occasions this year over its approach in dealing with money laundering cases.
Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd. The meeting was chaired by Shailesh Haribhakti, FRL said in a regulatory filing. Haribhakti has been appointed by the NCLT to chair the meeting. The result of the voting will be announced in due course, it added.
A special PMLA court here on Wednesday granted bail to Yes Bank founder Rana Kapoor, businessman Gautam Thapar and seven others in a case pertaining to the sale of a property at a prime location in Delhi. Kapoor and Thapar, however, will not walk out of jail as they are in judicial custody in connection with some other cases. The present case pertains to allegations in the sale of a property situated on Amrita Shergill Marg in Delhi to a company owned by Rana Kapoor's wife, Bindu Kapoor, for which a separate FIR had been registered by the Central Bureau of Investigation (CBI) in Mumbai last year.
The government shouldn't hide behind the veil of making a domestic giant out of the HPC-ONGC deal, rather it should just say it needs cash from this divestment exercise, says Sudhir Bisht.
FIFA president Gianni Infantino accused critics of World Cup host Qatar's treatment of migrant workers of hypocrisy.
Besides the sedition charge, police said they had registered cases against him under IPC sections including 153(A) (promoting enmity between different groups) and 502 (sale of printed or engraved substance containing defamatory matter).
Investigation agencies cannot act according to their whims and fancies and courts have ample power to check any misuse or abuse of powers by them, a Delhi court has said.
While pronouncing the order, the high court said there was no illegally or infirmity in the trial court's order by which the bail pleas were dismissed.
Curfew continued in violence-hit Khargone city of Madhya Pradesh for the third day on Wednesday even as officials denied reports that over 100 families were forced to migrate from the city.
The ED had launched raids on Friday at multiple locations linked to Prasad's family members including that of his son and Bihar Deputy Chief Minister Tejashwi Yadav in Delhi.
A globe spanning, 15-year investigation has led to the repatriation of 307 antiquities by the United States that were stolen and trafficked from India and valued at nearly four million dollars, the majority seized from disgraced art dealer Subhash Kapoor.
The move by the excise department has come in the wake of lifting of certain coronavirus-induced curbs, which included allowing reopening of liquor shops. As the demand for alcohol has increased in Maharashtra, there is a possibility of liquor smuggling by inter-state organised syndicates, the official said.
Reliance Group, recently, accused L&T Finance and Edelweiss Group entities of "illegal" and "motivated" actions in invoking the pledged shares of Anil Ambani group's three listed firms and selling them in open market causing a steep fall in share values.
Qatar is trying to strike between respecting religious traditions and accommodating the raucous exuberance of more than a million visiting soccer fans.
Public sector lender Bank of India has moved to the National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Future Retail Ltd and a moratorium over the assets of the Kishore Biyani-led debt-ridden firm. Besides, Bank of India (BOI), the lead banker of a consortium of banks that lent money to Future Retail Ltd (FRL), also suggested the insolvency tribunal appoint Vijay Kumar V Iyer as the interim professional of the company. Meanwhile FRL, in a regulatory filing, said it has been served and received a copy of the petition and is in the "process of taking legal advice".
India will need to travel back in time and seek inspiration from football greats Tulsidas Balaram and Chuni Goswami to deftly dribble around and sidestep the West-imposed price cap on exports of Russian seaborne crude oil. India depends on imported oil to meet 86 per cent of its needs, of which nearly a quarter now comes from Russia. The copious flows are roughly 10 per cent cheaper than competing suppliers helping India save billions of dollars in fuel costs.
Delhi's drugs control department has told the Delhi high court that it has launched prosecution against Gautam Gambhir Foundation and Aam Aadmi Party MLAs, Imran Hussain and Praveen Kumar, before a court for allegedly illegally stocking and distributing Covid drugs during the infection's second wave.
The ED has attached seven sugar mills worth over Rs 1,097 crore in a money laundering case against former Uttar Pradesh BSP MLC Mohammed Iqbal and his family, officials said.
Two alleged firearm dealers, arrested in connection with the rationalist Narendra Dabholkar murder case, were on Tuesday remanded in police custody till January 28 by a local court in Pune.
'There are unscrupulous traders who create fake invoices by showing bogus e-way bills, movement of goods.' 'Since the entities registered across different states, and kept on changing their numbers, tracing them was difficult.'
The seizure of Chinese guns at the Zephyr apartments in Mangalore in September belonging to the Indian Mujahideen has been a wake up call for the Indian agencies. This was an indicator that the IM sought to go beyond the bombs and even indulged in the use of arms for future terror strikes.
Amazon violated FDI norms, allege Future Retail independent directors.
Communist China has recently developed a great expertise in 'soul reincarnation', feels Claude Arpi
Taking exception to China's involvement in several projects in Pakistan-occupied Kashmir, India, on Sunday, described it as "illegal" and said it has conveyed its concern over this as well as supply of Chinese weapons to Pakistan. Despite differences on a host of issues with China, External Affairs Minister S M Krishna who is expected to visit Beijing in April this year, said the country did not see it in "antagonistic terms".
The Delhi Pollution Control Committee (DPCC) also issued guidelines for implementation of the ban on firecrackers, which included directions to the Delhi Police to register a first information report against the violators of the ban.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
Office politics exists in many organisations, so don't let that bother you, advises HR Guru Mayank Rautela.
The department also said there is nothing to suggest that the state authorities failed to address any shortage of COVID-19 drugs.
Rainbow-themed badge adorns US training facility
A Delhi court Wednesday issued summons to former Union minister P Chidambaram and his son Karti in the INX Media money-laundering case on taking cognisance of the charge sheet filed by the Enforcement Directorate (ED) against them.
"The licence for the drug was obtained on the basis of the traditional knowledge and experience related to the medicinal virtues of Ashwagandha, Giloy and Tulsi," Patanjali spokesperson S K Tijarawala said.
The Travancore Devaswom Board, which manages the Lord Ayyappa temple at Sabarimala, on Thursday told the Kerala high court that the jaggery received by it had 'halal' mentioned on the packaging as they are also exported to Arab countries by the company supplying to them.
This is perhaps for the first time the CBI raided a serving police chief of a state.
'The bureaucracy in J&K feel completely disowned by the Centre.' 'The majority of officers under the scanner have not committed any irregularities and the Centre knows that.'
An undeterred Chief Executive Officer of NSO Group, Shalev Hulio, in an interview to Israeli Channel 12 on Saturday, strongly defended the company's operations, though he also conceded that some 'mistakes' may have happened over the years.
Of the 11 people allegedly involved, seven are women and four men, including juveniles. While the seven women have been arrested, police are trying to ascertain the age of the two others picked up, officials said.
Challenging the "illegal" reduction in its claim by the erstwhile resolution professional (RP) in the Jet Airways revival plan, the Punjab National Bank (PNB) has moved the National Company Law Appellate Tribunal (NCLAT) citing discrimination. The NCLAT on Thursday issued notices to RP Ashish Chhawchharia and the committee of creditors on PNB's plea to set aside the insolvency court's approval of the airline's revival plan. It has posted the matter for further hearing on September 21.
Under NSA, the government can detain a person for as long as it wishes and the authorities need not disclose the grounds of detention. A person booked under the provision of Gangsters Act becomes part of a gang listed in police records. It entitles the police to keep track of those booked under the Act and issue summons to them for attendance at the local police station for questioning even if no fresh case is lodged against them.
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