B Sriram, the senior-most managing director at SBI, along with fellow MDs Rajnish Kumar, P K Gupta, and Dinesh Kumar Khara had been interviewed for the post
The law minister last month told the assembly that of the lord's total Rs 626.44 crore, Rs 592 crore was kept in Yes Bank. While Rs 545 crore was in the bank as fixed deposits, the remaining Rs 47 crore was in a flexi account.
The Enforcement Directorate on Thursday raided multiple locations in Maharashtra as part of a money laundering probe against state transport minister Anil Parab and others linked to alleged irregularities in a land deal in coastal Dapoli area of Ratnagiri district and other charges, officials said.
A revenue court on Wednesday ordered return of the land sold to Rajiv Gandhi Charitable Trust by an industrial house to Uttar Pradesh State Industrial Development Corporation.
Sources claimed that Singhal was "evasive" in her replies and hence was arrested.
The criminal case filed under the Prevention of Money Laundering Act is linked to the recovery of at least two diaries by the ED after raids on an alleged associate of Mehbooba, a former Jammu and Kashmir chief minister.
The move has left the Democrats fuming, asserting that the Pentagon didn't seek permission.
The government is considering blocking internet protocol (IP) addresses of companies/exchanges on which trading in cryptocurrencies is happening, said a source in the know. Two months ago, the government had said it intended to bring a Bill to ban private cryptocurrencies and introduce India's own digital currency in line with what China and other countries had done. This move is part of that. The government had also proposed to promote technology like blockchain. Industry, however, says banning decentralised currencies like bitcoin and ethereum is not possible.
The banks used for the fraud include ING Vysya Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Dhanlaxmi Bank, YES Bank and DCB Bank.
The arrival of Novak Djokovic led to incongruous scenes outside the hotel, with members of the Serbian expatriate community draped in the national flag and playing traditional music joining refugee activists in protests.
The Centre has imposed a ban on the Popular Front of India (PFI) and several of its associates for their alleged terror activities.
A few days back, Finance Minister Nirmala Sitharaman urged the start-up community and public to deal in cryptocurrency with caution because everything that was floating around was not currency. In the first week of August, the country's top nine crypto exchange platforms were summoned by the Directorate of Enforcement (ED) in Hyderabad. The exchanges were questioned for money laundering, especially over a number of Indian non-banking financial companies and their fintech partners for predatory lending practices in violation of the Reserve Bank of India (RBI) guidelines and by using tele-callers who misuse personal data and use abusive language to extort high interest rates from the loan takers.
Goswami was arrested on Wednesday morning by Raigad police from his residence at Lower Parel in Mumbai for allegedly abetting the suicide of architect and interior designer Anvay Naik, and was taken to the Alibaug police station in neighbouring Raigad district.
'My father lived on minimum money and helped others.' 'What was he to gain personally? No name, fame like a politician who work for votes.' 'His sort believe all humans deserve better lives.'
The CBI has arrested former Maharashtra Home minister Anil Deshmukh's lawyer Anand Daga for allegedly trying to subvert the probe against him, officials said.
The Supreme Court on Wednesday dismissed a plea by former Maharashtra home minister Anil Deshmukh seeking to quash the FIR lodged against him by the Central Bureau of Investigation in a corruption case.
Somaiya had on Sunday claimed he was barred from entering Kolhapur with the district authorities citing law and order as well as security concerns following his allegations of corruption against Maharashtra Rural Development Minister Hasan Mushrif.
'Politicians want pliable policemen who would carry out their orders, right or wrong, lawful or illegal.'
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.
Amid the opposition UDF's sloganeering against him, Kerala Governor Arif Mohammed Khan on Friday delivered the customary address to the assembly with the policy document outlining the Left government's administrative achievements and criticising the Centre for allegedly pushing the state to financial constraints by reducing its resource allocations.
The NCLAT, in its December 18, 2019 order, had restrained the company, its board of directors and shareholders from exercising the power under the article against minority members except in exceptional circumstances and in the interest of company. A bench headed by Chief Justice S A Bobde dealt with this issue in its 282-page verdict which set aside the NCLAT's order that had restored Cyrus Mistry as the executive chairman of the USD 100 billion salt-to-software conglomerate.
The Supreme Court on Friday refused to entertain the appeal of Sushant Singh Rajput's sister challenging the Bombay high court order which refused to quash a first information report lodged against her on the complaint of actress Rhea Chakraborty, the late actor's girlfriend.
The CJI, who hails from Andhra Pradesh, had said in the last hearing that he belonged to both the states and suggested 'mediation' to Andhra Pradesh and Telangana for settling their dispute, saying it did not want to interfere 'unnecessarily'.
The Indian nationals, who did not have a condition of regular stay in the country, were deported from the Toluca City International Airport on a Boeing 747 aircraft to New Delhi.
The PFI is alleged to have been continuously involved in anti-government propaganda and spreading the narrative that Muslims were being persecuted in India.
Talking to reporters in Kolhapur, Pawar said it was not right on the part of the Centre to hand over the probe into the case, which was with the Pune police, to the NIA as law and order was a state subject. NCP leader and Home Minister Anil Deshmukh said Uddhav Thackeray had overruled him on the probe in the case.
A special court in Ahmedabad on Friday awarded death sentence to 38 convicts in the 2008 Ahmedabad serial blasts case, which had claimed 56 lives and left over 200 injured.
Having a single point KYC that is automatically used across all financial and non-financial entities is a single piece of reform that should be an easy win to achieve, points out Harsh Roongta.
The bank can declare a withdrawal by you as illegal and deny any remedy in case a problem arises.
Declaring a man Indian citizen, the tribunal in Karimganj district held that though National Identity Cards are yet to be issued, 'but there is no doubt that this NRC Assam published in 2019 is nothing but Final NRC'.
The Chief Justice, while speaking at the farewell reference organised by the high court, said that judges are only interpreters and are not here to make the law or to evolve a policy and a balance has to be maintained between judicial activism and restraint.
In 1511 The Chora Church was converted into a mosque and in 1958 it was opened as a museum to the public.
'Bring Mossad and KGB too. There is nothing to hide. We are not opposing the CBI. When the Mumbai Police is already on the job, what will the CBI do?'
The expelled BJP MLA is accused of raping the woman in 2017. He is also facing murder charges as the woman was hit by a truck in July. Her two aunts were killed in the accident.
Official talks were held between Modi and Seikh Tamim for multi-sectoral partnership and strengthening of Indo-Qatar ties following which the agreements and Memorandums of Understanding were signed on the second day of the Prime Minister's visit.
Pakistan is yet to comply with 13 conditions out of the 27-point Action Plan of the FATF including curbing terror financing, enforcement of the laws against the proscribed organisations and improving the legal systems.
In Goa, where Assembly elections are a few months away, a delegation of Trinamool Congress (TMC) leaders led by Lok Sabha member Saugata Roy and including former Union Minister Babul Supriyo and the party's vice president Luizinho Faleiro met Governor P S Sridharan Pillai and requested him to immediately seek resignation from the chief minister and announce investigation by an independent agency.
The Supreme Court Thursday asked NDTV promoters Prannoy Roy and Radhika Roy to give a statement on shares indicating the current market value which they would like to deposit as security with market regulator Sebi under the order of the Securities Appellate Tribunal (SAT).
The Supreme Court on Wednesday termed as 'quite serious' the matter in which former Mumbai Police Commissioner Param Bir Singh has filed a plea against Maharashtra Home Minister Anil Deshmukh, but asked the Indian Police Service officer to approach the Bombay high court with his grievances.
The Supreme Court on Thursday set aside a Punjab and Haryana high court order granting an interim stay on a Haryana law providing 75 per cent quota in private sector jobs for residents of the state.
