Sebi's main contention against brokers is that the NSEL was offering paired contracts and they were forward contracts, which were "illegal".
It said Naisar Kothari, a resident of Bhavnagar in Gujarat, was arrested under sections of the Prevention of Money Laundering Act (PMLA) and he has been sent to the ED custody till December 22 by a court.
'If the situation escalates, then mini-scale firing might happen.'
Waze's letter claimed that in January 2021, another state minister Anil Parab asked him to look into an inquiry against "fraudulent" contractors listed in the BMC and collectat least Rs 2 crore from about 50 such contractors.
Perhaps because it was a film meant for the theatres, The Big Bull has romance and songs, notes Moumita Bhattacharya.
Leaders from Jammu and Kashmir on Thursday said after attending Prime Minister Narendra Modi's all-party meeting that they will 'continue to struggle' against the abrogation of Article 370 and urged the PM to restore the statehood of J-K at the earliest.
TMC demanded 'strong action' for the 'unfounded, inappropriate and illegal' campaign and utterances of Modi.
Taking part in the first meeting of Foreign Ministers of the neighbouring countries on Afghanistan, Foreign Minister Wang Yi said China will provide Afghanistan with 200 million yuan ($31 million) worth of grains, winter supplies, vaccines and medicines as per its requirements, official media in Beijing reported.
Dog squads are sniffing out poachers and busting their plans. Geetanjali Krishna tells us more about these canine crusaders.
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.
In fact, the Taliban apparently collects about 10 per cent as cultivation tax from opium farmers and 15 per cent as heroin tax from laboratories and smugglers that smuggle narcotics into Pakistan. This, by itself, is a revenue stream estimated at USD 250-300 million.
The Bihar assembly plunged into turmoil on Saturday when the opposition sought to raise the issue of alleged involvement of revenue and land reforms minister Ram Surat Rai in illicit liquor trade, forcing adjournment of the House around noon till lunch.
In its UP Vision Document, the BJP had promised it would shut down illegal and mechanised abattoirs in the state if it came to power.
The application, filed through advocate AP Singh, said, "The Acts were passed hastily without adequate discussion... Inherent weaknesses of the agricultural sector cannot be addressed by way of monetization of farmers."
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.
'...to come back to power because it was not doing well.'
In an open letter to Zee's shareholders, Invesco, which holds a 7.74 per cent stake in the firm, reiterated its demand for an overhaul of the media group's board and that it would pursue extraordinary general meeting (EGM) to oust chief executive Punit Goenka and two other directors. Last month, Sony Group Corp's India unit signed a non-binding offer to buy Zee.
The court in its detailed order also raised questions on the veracity of the NCB's panchnama records.
A Mumbai court on Wednesday rejected the bail plea of businessman Raj Kundra, arrested in a case of alleged creation of pornographic films and publishing them through apps, after the prosecution contended the police investigation was still on and his release at this juncture will derail the probe.
In a big blow to embattled British Prime Minister Johnson, two of his senior Cabinet colleagues, including Chancellor Rishi Sunak, resigned on Tuesday, as they expressed their loss of confidence in his leadership amidst a spate of scandals.
Rajat Gupta was convicted in 2012 of passing illegal tips about Goldman Sachs to Galleon Group founder Raj Rajaratnam.
The BJP tweeted a video of Rahul Gandhi apparently at a nightclub in Nepal, inviting a strong response from the Congress which said he was in the friendly country to attend the marriage function of a journalist friend and that it is not a crime to attend weddings of family and friends.
Taking a dig at China, Defence Minister Rajnath Singh on Sunday said 'some irresponsible nations' with their narrow partisan interests and hegemonic tendencies are coming up with wrong definitions of the UN Convention on the Law of the Sea.
Though the Bills of Punjab and Rajasthan have a lot of similarities, the one approved by the Chhattisgarh Assembly is structurally different. None of the three has tried to address a key demand of the agitating farmers in full, which is to make all payments below the MSP, within and outside mandis, illegal.
The ED has attached properties worth Rs 4,109 crore spread across various states in a money-laundering case linked to an alleged ponzi scheme, the agency said on Thursday. The case pertains to the Agri Gold Group of Companies. Three promoters of the group were arrested by the central agency on Tuesday.
From its March 2020 low, Bitcoin has gained a massive 474 per cent and has surged 214 per cent year-to-date.
Even though the plot is predictable, Allu Arjun's swag makes this film an edge-of-the seat action-drama, observes Divya Nair.
'India should start leveraging rather than banning crypto.'
The rot is is not limited to Chitra Ramkrishna and the yogi, observed Debashis Basu.
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.
Referring to the incident, a fresh plea has been filed for urgent hearing of the PIL, pending since March this year, saying "The right to freedom of speech and expression cannot supersede the right to life and if this protest is allowed to go in like this, the nation at large will be at a loss."
"This august forum witnessed a new low on its 75th anniversary. The leader of Pakistan today called for those who incite hate and violence to be outlawed. But as he went on, we were left wondering, was he referring to himself?" First Secretary in the Permanent Mission of India to the UN Mijito Vinito said, making India's Right of Reply.
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Sebi on Monday decided to declare illegal mobilisation of funds as a "fraudulent and unfair trade practice".
Chinese manufacturers are re-routing their products through the markets of other countries that India has Free Trade Agreements with.
In a strong response to China's objection to development of infrastructure on the Indian side of the LAC, New Delhi also asserted that Beijing has no locus standi to comment on India's internal matters.
Alleging misconduct by its permanent workers, labour unions and contract staff, the plant management informed all stakeholders, through a notice, that starting Monday "normal operations" at the plant are being suspended.
Senior Congress leader and Leader of Opposition in Rajya Sabha Ghulam Nabi Azad made this assertion outside Parliament while speaking to reporters and said the revocation of suspension of the Opposition Rajya Sabha MPs was not a demand, but a 'request'.
Dense toxic smoke from burning sewing machines, plastic toys and boxes, rexin rolls, plastic wrappers, card boards, packaging material and garments had engulfed the building, making it difficult to conduct rescue operations, firefighters said.
Customs officials are busy at ports and airports, scanning passengers to ensure that COVID-19 virus-affected people are traced. So, officials are not able to focus much on baggage checking. This could lead to more gold getting smuggled into the country as luggage check at airports is now random unlike earlier where every bag was checked thoroughly.
Vindhya Telelinks, Universal Cables and Birla Cable shareholders go against family's wishes.
