Hindalco is currently one of the frontrunners in the coal auction
ED team managed to get several bank statements from Barbados, Dubai, Hong Kong etc. which prove vital overseas link and money trail relating to Nirav Modi and his aides.
Keep your nerve and don't exit at once. For all you know, there could be a turnaround story.
The Parliamentary Standing Committee on Finance, chaired by BJP leader and former Finance Minister Yashwant Sinha, which met on Friday to discuss the chit fund scam, was of the view that there should be a 'single law and a single regulator' to deal with investment schemes, sources said.
From Rs 191 billion in 2019, the world's largest film producing industry now stands at Rs 72 billion thanks to the pandemic.
With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.
A day after securing bail in the fifth case of corruption, former Jharkhand chief minister Madhu Koda was on Wednesday rleased from jail after spending 44 months behind bars.
Central Bureau of Investigation is investigating the Saradha ponzi scam.
Union minister files a case against Rajasthan officials, alleges that audio recordings of tapped phone conversations has tarnished his reputation and disturbed his mental peace.
'Most of the agitations are staged by the Opposition to disturb the peace of the state.'
The Parliamentary Standing Committee on Finance's meeting comes against the backdrop of CBI probing the Saradha scam in which thousands of crores or rupees of gullible investors were allegedly swindled.
The Government today said it has not directed public sector banks to cut exposure in real estate following the housing-finance bribery scam. "No why should we say this," Financial Services Secretary R Gopalan told reporters when asked if the government has given such directions to the state-run banks.
Listed here are some investment advices related to stock markets which if heard should be given proper thought before betting your money on them.
By scrimping and saving your whole life for retirement, you need to make sure those funds are kept safe for your future needs. Here are a few tips on how to protect your retirement funds
The Dominica high court on Wednesday ordered that diamantaire Mehul Choksi be produced before a magistrate there to answer charges of his illegal entry into the Caribbean island country, local media reported. Dominica high court Judge Bernie Stephenson issued the orders after nearly three hours of hearing on a habeas corpus petition filed on behalf of Choksi who had claimed that he was abducted from neighbouring Antigua and Barbuda and forcefully brought to the Caribbean Island nation. She adjourned the habeas corpus matter till Thursday, Dominica News Online reported.
The Sensex is on course to ending calendar year (CY) 2019 at a price-earnings (P/E) multiple of 29x, the highest in 25 years. Current valuations are, however, lower than those seen in the early 1990s. The Sensex has risen close to 14 per cent in the last 12 months, while the index underlying EPS dropped 6.7 per cent during the period.
Ponzi schemes have characteristics that the informed investor can spot easily.
Subramanian Swamy said if income tax is abolished, middle class will deposit money in banks which can be invested in manufacturing.
Whether it was scams or the threat of recession, the market survived everything with aplomb.
The minister said demonetisation has increased the tax return filings and also increased the revenue of the states and the Centre immensely.
As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.
However, the bench said Chidambaram is at a liberty to seek remedy in accordance with the law.
More than 500 independent directors have resigned since January 1 this year.
The accused -- Lemos, his wife Valany and Ryan D'Souza -- were convicted on Sunday by the Dubai Misdemeanours Court in the 515 cases filed against them
P Chidambaram's son Karti was arrested on February 28 at the Chennai airport on his return from the United Kingdom, for his alleged role in facilitating Foreign Investment Promotion Board clearance for INX Media Ltd. and its directors, Peter and Indrani Mukerjea.
The fear of another scam pushed the government into a rather long period of so-called 'policy paralysis'. To play it safe, the price of spectrum in all subsequent auctions was benchmarked to the high 3G rates, says Surajeet Das Gupta.
Uncertainty lingers in the minds of retail investors due to scams.
Releasing the manifesto titled 'Badlav Ka Sankalp' (commitment to change) in the presence of All India Congress Committee (AICC) general secretary Randeep Singh Surjewala and other Mahagathbandhan leaders, Tejashwi Yadav said their government, if elected, would first approve the process for appointments on about 10 lakh jobs in the government.
While the Congress party has said that the deal was transparent as payment of Rs 2 crore was received by Vadra from Kapoor through cheque and was reflected in income tax returns, the ED is probing if the painting was owned by her or the AICC.
The government has received flak for allegedly shielding the corrupt ministers and slow pace of investigation in irrigation scam.
Even as the crackdown on Saradha Group involved in the chit fund scam continues, Krishak Mukti Sangram Samity, a leading NGO in Assam, on Thursday staged a mass demonstration in front of the deputy commissioner's office in Guwahati.
Each scam that comes out in the open shows the regulators to be miles behind.
The investor is voting for safe investment avenues and is not impressed by the lucre promised by Dalal Street, says Mahesh Vyas.
The government must set up a Bank Investment Company to shrink its role in PSBs, if we are serious about tackling the two persistent issues - lax corporate governance practices and discretionary decision-making, says Shyamal Majumdar.
He said trust and confidence were the backbone of any financial system and one should never underestimate the power of ethics and values.
'Why are FMPs used as a vehicle for promoter funding against listed shares?' asks Debashis Basu.
Gujarat Chief Minister Narendra Modi was the cynosure of attention at the closed-door BJP national executive at Surajkund. Intervening in a discussion on foreign direct investment in retail, Modi asked other Bharatiya Janata Party leaders to go full hog on the issue by holding not less than 5,000 public meetings -- at least 10 in each Lok Sabha constituency -- to win over traders and farmers against foreign retailers to expose the Congress' hype on reforms to deflect attentio
Against the backdrop of charges against Congress chief Sonia Gandhi's son-in-law Robert Vadra and realty major DLF, the Janata Dal-United on Thursday said the key issue of Foreign Direct Investment in multi-brand retail should not be forgotten in the din over other issues and suspected that those involved in coal and 2G scams may be trying to divert attention.
Reacting to the ED's summons to Raj, his estranged cousin and Shiv Sena chief Uddhav Thackeray, in an intriguing comment, said he did not expect any 'solid outcome'.
The website has the address and contact numbers and email IDs of 69 branch offices of Saradha Group spread across West Bengal, Tripura, Odisha, Assam and New Delhi.