It is understood that Vijay Mallya left the country for UK on March 2 using a diplomatic passport issued to him by virtue of him being a sitting Rajya Sabha Member of Parliament.
Sanjay Kumar, the former chief executive of Computer Associates International Inc, has pleaded not guilty on charges of a multibillion-dollar financial fraud levelled against him.
2019 became a 'Year to Remember' in Indian sports for trailblazing performances in Olympic disciplines
All the 10 accused in the case, including prime accused Satyam Computers founder and former chairman B Ramalinga Raju and his brother and Satyam's former MD B Rama Raju, appeared in the court, as per its direction.
Finance Minister Arun Jaitley said the magnitude of the alleged black money transfer through state-owned BoB will only be known after completion of the multi-disciplinary probe.
'The new ceiling will cover around 93 per cent of all deposit accounts, up from 90 per cent earlier,' notes Tamal Bandyopadhyay.
'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'
'NiMo having skipped, the next best bet is a high-profile banker.' 'Ms Usha happens to be in the wrong place at the wrong time.' 'Ms Usha's crime? That's as thin as it gets.'
Bankers have decided to fight back against 'arbitrary arrests' and 'harassment' by probe agencies.
Rupert Murdoch's media empire came under further attack over the weekend.
India Inc needs to tighten norms against sexual harassment at work.
For the baning sector, 2018 was a 'Year of Exits' - borrowers fled from the country as loans went kaput and many bank CEOs were forced to leave
News of all that's transpired on and off the football field
This is a culmination of the joint investigation carried out by the Department of Justice and the Department of Homeland Security.
'No commercial bank will be allowed to fail. There is nothing to worry about.'
Even devices such as connected lights, doorbells -- even garden sprinklers -- are all at risk from attackers who can remotely, or even physically, access them to dump firmware, warns Nir Chako, security research team leader, CyberArk, a security software company.
Conclusive scientific testing carried out on the players competing at the Asian Football Confederation (AFC) U-16 Championship India 2016 has confirmed that there was no age-cheating at the tournament.
The venue for Saturday's meeting was shifted at the last minute from the headquarters of the India Banks' Association in Cuffe Parade to avoid media glare.
Donald Trump, known for his unpredictable leadership style, divisive rhetoric targeting both allies and opponents, and the only US president to be impeached twice, left the White House on Wednesday with a tainted legacy never seen before in American political history.
Firestar Diamond, which on its website states that its operations span the US, Europe, the Middle East, the Far East and India, blamed liquidity and supply chain challenges.
This, said Sitharaman, would remove the possibility of unauthorised communication "and consequent harassment", which was a cause of concern for bankers.
The fake university was set up by the DHS's investigating unit in Greater Detroit area to bust the "pay-and-stay" racket.
Six months after a Rs 400-crore fraud was detected in its Gurgaon branch, the Reserve Bank of India (RBI) on Monday rapped Citibank for the episode.
Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
They had approached the apex court against the August 30 order of Andhra Pradesh High Court which had rejected their bail pleas.
Report holds Hitachi responsible for debit card data theft. When the data theft came to light, Hitachi had denied that its systems were compromised.
Special court will announce judgement in Satyam case on Dec 23.
Saudi journalist Jamal Khashoggi, who was murdered at the GulfKingdom's consulate in Istanbul in October, and three other journalists were named TIME's Person of the Year, an honour that recognises them for "taking great risks in pursuit of greater truths" and "for speaking up and for speaking out". "For taking great risks in pursuit of greater truths, for the imperfect but essential quest for facts, for speaking up and for speaking out, the Guardians -- Jamal Khashoggi, the Capital Gazette, Maria Ressa, Wa Lone and Kyaw Soe Oo -- are TIME's Person of the Year," the magazine said on Tuesday. Here's all you need to know about TIME's Guardians.
If the credit card is not used judiciously, it can cause havoc with one's personal finances, warns Sarbajeet K Sen.
"After Ramalinga Raju made his confession, we encouraged our leaders to meet with their teams hourly and then several times a day," says Ed Cohen.
In a collaborative study, a team of Indian and international experts recently revealed that the electronic voting machines used in Indian elections are vulnerable to fraud. Excerpts from their report.
Barcelona coach Luis Enrique expects Lionel Messi to bounce back from a difficult summer with his usual enthusiasm -- and does not rule out a return to international football.
In the era of technology-driven crime, when stolen money and intellectual property can be digitally transmitted in seconds, corporates are often handicapped while investigating frauds that occur in other countries, says a survey.
Institute of Chartered Accountants of India has sought broad-ranging information about the association of its member institutions with foreign auditing firms.The move assumes significance following the accountancy fraud by the promoters of Satyam Computers that brought the role of auditors under scrutiny. The auditors concerned were associate firms of international auditing entity PricewaterHouseCoopers.
The government is awaiting reports from the ED and the US agency before deciding whether or not accounts of the Ramalinga Raju family-promoted Maytas firms need restating.
The UK Crown Prosecution Service said Mallya's appeal to certify a point of law was rejected on all three counts, of hearing oral submissions, grant a certificate on the questions as drafted, and grant permission to appeal to the Supreme Court.
The elections to the Wolesi Jirga (the Lower House of Afghan Parliament) scheduled September 18 has raised crucial questions on the feasibility of holding elections in a warring nation.
However, Rana's lawyer Patrick Blegen has said in a new motion filed in a Chicago court that as a result of FBI raids on Rana's businesses and his detention, his businesses have effectively been shut down and are worth nowhere near what they were previously estimated. According to court filings, Rana allegedly conspired to bring foreigners to the US under false pretences.
Goldman Sachs is likely to face a fine of around 20 million pounds from UK financial regulator FSA, just months after US Securities and Exchange Commission imposed a penalty on the banking major, a media report said.
News of all that's transpired on and off the football field
