'The book captures Rana Kapoor's hunger for real estate leading to bungalows in Delhi, Mumbai, London and other cities; the multiple companies -- over 100 -- to fund his family's various ventures; the attempt to game the system by showing lower non-performing assets,' notes Joydeep Ghosh.
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
The Bad Boy Billionaires series has a lot in common: The three billionaires' hefty ambition, dangerous arrogance and untrammeled power, observes Dhruv Munjal.
The task force has provided probe agencies with a list of attributes, including disproportionate investments, debt, advances or cash, to red-flag such firms.
We are not a fly-by-night operator, says Sandip Das.
He also accused her of nepotism by choosing to play the limited role of "bua" (aunt) to her "bhatija" (nephew) instead of becoming "Didi" (elder sister) to the people.
The Enforcement Directorate has asked sacked Commonwealth Games Organising Committee Chairman Suresh Kalmadi to give details about his bank accounts, investments and other property related information in connection with its probe into the multicrore CWG scam.
As Rose Valley resurfaces, Sudip Bandyopadhyay and Tapas Pal's arrests marks the end of the bonhomie between the TMC and BJP.
The agency had earlier alleged that the company had sold its 9.1% stake to Delphi for Rs 10 crore --a rate much lower than the prevalent market price.
Telecom users will be able to avail free roaming and keep their phone numbers even if they switch service providers anywhere in the country, as per the draft New Telecom Policy unveiled by the government said on Monday.
Apart from them, Chidambaram's wife -- Nalini -- has been chargesheeted by the CBI in the Saradha chit-fund scam for allegedly accepting a bribe of Rs 1.4 crore.
The MNS has convened a meeting of party office-bearers on Tuesday in Mumbai to discuss the issue.
All opposition parties should come together to get rid of the BJP-led NDA government to ensure "Modi-mukt Bharat", he said, reminding the audience of BJP's "Congress-mukt Bharat" slogan.
Investors in LIC's insurance and other schemes are receiving a lower rate of return because LIC is subsidising incompetence at best and malfeasance at worst in institutions such as IDBI Bank and IL&FS, says Jaimini Bhagwati.
It is assumed that the growing worry over slowing down of economic growth had prompted the government to act.
Imagine giving money to a wealth management firm, or signing contract documents on verbal assurances from relationship managers that they would earn one-two per cent returns each month on their investment.
Keen to cast off the ghost of the Bofors kickbacks scam, Sweden has proposed new avenues of defence cooperation to India.
Special Judge Ajay Kumar Kuhar said the CBI demand was "justified" that Chidambaram has to be further interrogated in its custody.
99 per cent of respondents believed that the biggest impact of corruption business was its tendency to skew the level playing field and attract organisations with lesser capacity to execute projects.
'I have tutored my family and myself to fight hunger,' the former agent for the disgraced Saradha chit fund says, his eyes welling up. 96 of the 107 cases referred to the Serious Fraud Investigation Office are based in Bengal!
'The RBI has not allowed any commercial bank to fail in the past three decades.' 'It has always played the role of a matchmaker, but this is the best deal it has stitched,' notes Tamal Bandyopadhyay.
PepsiCo Chairman and CEO Indra Nooyi hoped that whosoever comes to power after the next elections will manage the country well so that India clocks a consistent 7-8 per cent economic growth.
Modi's defence team doubled the bail security to 2 million pounds and offered he would stay on 24-hour curfew at his London flat.
Currently, most crowdfunding platforms neither operate with proper authorisation nor are governed under any law.
Inexplicably, the Law Minister does not realise that all these economic crimes are highly damaging to our economy and social fabric.
The mega real estate loan scam could delay the initial public offers of over half a dozen real estate developers because of poor investor sentiment, said bankers and analysts tracking the sector.
These investors were lured into investing funds on promise of high returns by Puri, the main accused in the Rs 300-crore (Rs 3-billion) scam.
The political instability and poor governance in the state has dealt a blow to brand Bengaluru and has affected it as an investment destination.
The Calcutta high court on Tuesday directed the Central Bureau of Investigation to file an affidavit by Thursday stating whether the central investigating agency had been handed over investigation by other states into the multi-crore chit fund scam that affected lakhs of investors.
One of American's biggest fraudsters, Bernard Madoff was sentenced to 150 years for his massive $65 billion scam.
Shortly after arrest, BJP state headquarters in Kolkata was attacked allegedly by members of TMC student wing.
The Institute of Chartered Accountants of India has recommended strict penal action, including imprisonment, for auditors who are found associated with serious accounting frauds.
'Collateral damage during operations needs to be avoided.' 'Such an objective can be achieved more easily should stone throwers not gear up to en masse oppose security forces.' 'With the conditions being quite sensitive at this stage, the death of one of these boys could easily serve the terrorists in instigating violence,' notes Brigadier S K Chatterji (retd).
The CBI and the ED said that new material has been recovered which needs to be collated.
'The childhood urge to amass wealth may account for one's inexplicable urge to stockpile change, for there is nothing more gratifying than to lift a box heavy with one's treasure, more satisfying somehow than all the zeroes the Kochhars, Modis and Mallyas appear to have allegedly scammed our banks over,' says Kishore Singh.
Goldman Sachs' director Rajat Gupta tipped off Raj Rajaratnam, an accused in insider trading scam, about a deal between Buffett-led Berkshire Hathaway and the Wall Street giant, before the public announcement.
He congratulated the Uttar Pradesh government and industrialists for their commitment for development.
On the pricing issue, Eric Trappier said that the present aircraft are cheaper by 9 per cent.
Chanda Kochhar, the high-profile ex-banker had on November 30 moved the Bombay high court challenging "termination" of her employment by ICICI Bank which also denied her remuneration and clawed back all the bonuses and stock options between April 2009 and March 2018 for her alleged role in granting out of turn loans worth Rs 3,250 crore to the Videocon Group which benefitted her husband Deepak Kochhar. A division Bench of justices Ranjit More and SP Tavade allowed her to implead RBI and directed the apex bank to file its reply by December 16.
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