Swan Telecom promoter Shahid Balwa, who along with former Telecom Minister A Raja and 17 others are facing a money laundering case arising out of the 2G scam, on Friday moved the Supreme Court seeking setting aside of a lower court order of framing charges against him.
'At that time the Delhi police was reeling under various controversies. This case was more of an attention diversion.'
If at all it was some great strategy, the delay has only helped the person they eventually arrested.
'By demonetising higher denominations of currency notes, we have taken out the vehicle for corruption.' 'But the motive is still there.'
'Modi swept the 2014 elections for two main reasons: First, the disgust with the Congress government with a non-functional prime minister, and second, more importantly, his promise of performance and hope.' 'He cannot expect to win 2019 on these planks again. His own success in finishing the Congress will take away one plank, and with five years of reign on his CV, he will need to flaunt performance more than promise.'
'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.
'If anybody defaults on something which is due for today, they have to disclose it tomorrow.' 'The accumulation of NPAs is due to asymmetry in information.' 'The investor should have real-time information.'
The protection of individual security and privacy is critical to building safe online systems, say Mitchell Baker and Ankit Gadgil.
In a maiden initiative, the Election Commission has introduced e-filing of affidavits by candidates for the forthcoming Lok Sabha and assembly polls.
The author meets the brains behind Unocoin, the first Indian Bitcoin exchange and merchant processor in India to have raised international funding.
As a multi-agency probe continues in Saradha scam, findings of one official investigation suggests that the group floated at least 279 companies to channelise money collected from gullible investors as part of a vast 'ponzi' network.
For 70 years the country has been looted, give me 70 months I will clean it up, he said.
The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.
India pacer Shantakumaran Sreesanth and his Rajasthan Royals team mate Ankeet Chavan and Ajit Chandila were on Sunday cleared of charges by a Delhi court in the spot-fixing and betting scandal in the sixth edition of the Indian Premier League in 2013. A flashback of the events that unfolded in the episode.
It is a sight that both warms and breaks the heart. The women of Shaheen Bagh seem oblivious of the cold, these women and their children, the latter ranging in age from 19 days to early teens, who have been occupying the road for over two weeks now. Some of them have not gone home for days, but their faces are clear, unlined by fatigue, their eyes bright and fierce as those of the falcon, shaheen, the area is named for.
If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.
Parth J Shah is the man behind the The 100 Laws Project, a listing of the country's ludicrous but extant legislations.
'I feel that since they know the problems, in the next 2 to 3 quarters, these problems could be resolved.' 'But they should realise that things are not working well right now.'demonetisation did not have a huge negative impact on the economy. But when it comes to GST, those who are looking for loopholes find it difficult to adapt.
'I happened to show the Akira trailer and John was very impressed.' 'He told the action director, "Involve her in the action and let us both fight the bad guys together".'
While the judiciary remains our most trusted institution, it should debate its internal health, argues Shekhar Gupta.
Despite the monsoon session of Parliament being a near washout so far, the government hopes to resolve the impasse at an all-party meeting on Monday to pave the way for discussion on issues raised by the Opposition, Parliamentary Affairs Minister Venkaiah Naidu said.
The Reserve Bank of India on Monday moved on Monday to tighten gold imports again in an attempt to rein-in a record high current account deficit by taming demand for the yellow metal.
Government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action against all "unlawful" accounts held abroad.
Two organisations tracking tax violations and money laundering worldwide identify totally different sets of countries for lack of financial transparency.
The former finance minister's only child was arrested at Chennai airport.
Cleaning up India's grubby business climate is top of the agenda for both regulators and the government.
Bansal has been named as the 39th prosecution witness in the case in which Singla, the then Member (Staff) of Railway Board Mahesh Kumar and eight others have been chargesheeted for the offence of criminal conspiracy under the IPC and relevant provisions of the Prevention of Corruption Act.
IIM-B, professor R Vaidyanathan talks to Shobha Warrier about black money, Mudra Bank and Jaitley's Budget.
Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.
'The government's proposal to store citizens' data including Aadhaar data under its Digital India initiative on cloud is violative of the citizens' human rights because the cloud is admittedly beyond India's jurisdiction.'
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.
Unfazed by the absence of leaders of the Left, the Janata Dal-United, the Samajwadi Party and the Bahujan Samaj Party, Congress leader Rahul Gandhi and Trinamool Congress chief Mamata Banerjee along with some regional parties on Tuesday sought to put up a united face raising the pitch against demonetisation by demanding the resignation of Prime Minister Narendra Modi.
Prasad will face charges including criminal conspiracy and fraud in the fresh trial.
Struggling, corrupt construction industry will be challenged by the prime minster's $250-billion plan
Despite the incessant disruptions and bitter clashes between political parties witnessed in the ongoing monsoon session of Parliament, lawmakers from across the political spectrum will display rare unanimity in the coming days to pass two bills aimed at protecting their interests.
Non-mineral-rich states will benefit from tariff concessions.
As Rose Valley resurfaces, Sudip Bandyopadhyay and Tapas Pal's arrests marks the end of the bonhomie between the TMC and BJP.
2015 is set for a lot of changes - and some that we would like to happen
'The incidents that used to happen in our time, have they stopped now?' 'Can you imagine they made an acid attack victim consume acid? And when did this happen?' 'When the CM was inspecting the thana...' 'History tells us that a party does not remain in power permanently.' 'Finally, they will have to deliver.'
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.
