'I am indirectly related to VG Siddhartha. Excellent human and brilliant entrepreneur. I am devastated with the contents of his letter,' Mallya said on Twitter.
He has been lodged at Wandsworth prison in south-west London since his arrest in March in connection with the nearly $2 billion Punjab National Bank fraud and money laundering case.
Barcelona forward Neymar, his parents and two of the club's executives should stand trial for alleged corruption, Spain's High Court said on Monday as it wrapped up a fraud investigation into the Brazil international's transfer to the Catalan team. The case stems from a complaint by a Brazilian investment group, DIS, which owned part of Neymar's transfer rights and which alleges it received less money than it was entitled to.
The review will help all the banks find if there is any loophole.
Penalty must act as a deterrent. If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay.
Posts on pro-Trump and far-right online networks have called for protest action on a number of dates, including armed demonstrations in cities across the country on January 17 and a march in Washington DC on inauguration day itself.
Kochhar is required to assist the investigating officer of the case in taking the probe forward and her statement will be recorded under the Prevention of Money Laundering Act (PMLA).
After devoting years to the difficult pursuit of perfection, some fall wayward.
Members of the National Cricket Academy's sub-committee were in for a rude shock when it was intimated that the Board of Control for Cricket in India lost a whopping Rs 50 crore on a dubious land deal and is now mulling initiating criminal proceedings against those involved in the mess.
The Delhi high court on Tuesday stayed the proceedings before the trial court in the CBI's INX Media corruption case involving Congress leader P Chidambaram and his son Karti.
The five Ahmedabad-based call centres that made calls to people living in the US are Hglobal, Call Mantra, Worldwide Solution, Zoriion Communications and Sharma BPO Services.
Heads of various public and private sector banks on Thursday sought to present a counter-narrative on RBI Governor Shaktikanta Das warning lenders about the perils of extreme risk aversion in the pandemic-stricken environment where credit demand is on the wane.
Some believe she should no longer be the face of the struggle to free Myanmar from the new military dictatorship, observes Prakash Bhandari.
'Completely disregarding ground reports of starvation deaths owing to Aadhaar and potentially disguising these deaths to look like accidents appears brutal,' says Rajendran Narayanan.
"The downgrade of the bank's BCA and ratings reflects the negative impact of the discovery of a number of fraudulent transactions on the bank's standalone profile, particularly its capital position," the rating agency said in a report.
Charges against Raju and others include criminal conspiracy and forgery.
Not to say that India couldn't have handled the situation better, but on average, it didn't do anywhere near as badly as the naysayers make it out argues Rajeev Srinivasan.
The US on Friday issued orders to ban popular Chinese social media apps TikTok and WeChat from Sunday to safeguard national security, weeks after India banned them, saying they were prejudicial to sovereignty, integrity and security of the country.
The extraordinary admission on Tuesday came the same day as Trump's former campaign chairman, Paul Manafort, was convicted of five counts of tax fraud, two counts of bank fraud and one count of failure to disclose a foreign bank account. The jury was unable to reach a verdict on the remaining 10 counts, and the judge declared a mistrial on those charges.
Maradona's inheritance process is likely to be a messy affair between his large family, with eight children from six different partners
A group of Indian workers in the US have filed a lawsuit in a district court against the Swaminarayan sect BAPS, accusing it of human trafficking and wage law violations during the construction of a massive temple in New Jersey.
Raju was arrested by the Crime Investigation Department of Andhra Pradesh Police two days later along with his brother.
The notification has been issued following cyber attacks.
This is one of the major corporate frauds in the country.
The raging controversy over the fake COVID-19 vaccination camps in parts of Kolkata snowballed into a political storm ensnaring into it several TMC leaders, prompting the opposition BJP to demand a CBI probe into a 'larger conspiracy' in the case.
Raju was arrested by the Crime Investigation Department of Andhra Pradesh Police two days later along with his brother.
His nomination was announced by the outgoing President, Anthony Wreford, at the MCC Annual General Meeting at Lord's in May this year.
Proceeds of the crime had been siphoned off and laundered or concealed, or layered and integrated into the main financial system through the acquisition of properties. His wife Bindu Kapoor has been charged with being aware of the source of monies that were being routed through these companies.
National auditor says a significant part of NPAs was due to fraud and may never be recovered
However, the road to profitability has already hit some hurdles for the Delhi-based bank as the Union government has rejected its demand for an additional capital infusion of around Rs 8,000 crore in 2018-19
The law firm had specifically named the bank's chief executive and managing director of over 25 years, Aditya Puri, his designated successor Sashidhar Jagdishan and company secretary Santosh Haldankar as defendants.
PwC one of the big four audit firms, has expressed disappointment at the conviction of two former partners in the Satyam scam.
The central government has already conducted an assessment of security cover given to prisoners in the Arthur Road Jail and its findings conveyed to the UK court.
Why is the Indian cricket team still using the Board of Control for Cricket in India (BCCI) logo which resembles 'Star of India' honour given by the British to their favourite princes in colonial times?
A Brazilian judge threw out a tax evasion case against Barcelona forward Neymar on Thursday because Brazil's inland revenue has yet to finish its own deliberations in the case.
The assets have been attached as part of five separate orders issued by the central probe agency under the Prevention of Money Laundering Act, it said.
"India should also be a powerhouse in world football but it is not, because of match-fixing in cricket for goodness sake'
The next phase is when factors such as prison conditions in India are likely to take centre-stage.
Japanese auto major Suzuki Motor Corporation (SMC) on Wednesday said its long-serving chairman Osamu Suzuki will retire and assume the role of senior advisor subject to shareholders' approval in the ordinary general meeting to be held in June this year.
Vikram Kothari took a loan of Rs 485 crore from Mumbai-based Union Bank of India and a loan of Rs 352 crore from Kolkata-based Allahabad Bank. A year later, Kothari has reportedly not paid back either the interest or the loan.
