A preliminary report on the investigations is likely to be submitted soon by SFIO, but the final report may take little longer, Corporate Affairs Minister Sachin Pilot said.
A more informed electorate, rather than the Lokpal, can fight corruption better, argues Neeta Kolhatkar.
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
Did men and women of redoubtable experience and public service, upholders of the country's steel frame and paragons of corporate governance, never smell a rat?
No one knows where billionaire Nirav Modi emerged from. What is known is that when he came (back) to India, he cut his teeth in the diamond business under the tutelage of his jeweller uncle. Then he began to build a glittering international brand. Soon even Hollywood stars like Kate Winslet and Dakota Johnson were walking the red carpet showing off Nirav Modi jewels.
Lack of consensus on 'how not to let Jignesh Shah get away' could become a huge embarrassment for the government.
Sebi has been given direct powers to freeze bank accounts, attach properties, conduct search and seizure and initiate recovery proceedings.
The three promoters - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - had diverted Rs 1,500-1,600 crore through bogus methods like loans and advances between group firms at inflated rates.
If at all it was some great strategy, the delay has only helped the person they eventually arrested.
Ignoring the United States viewpoint, India has refused to consider the Devyani Khobragade episode as "closed", saying there are "residual" issues which need to be addressed.
India Inc had few tough issues to deal with in 2014.
The crisis in Indian banking has now reached a point where the NPAs of many public-sector banks are higher than their net worth
Silvio Berlusconi has approved a deal to sell 48 percent of soccer club AC Milan to a group led by Thai businessman Bee Taechaubol, a historic change for the team which the former Italian prime minister has owned since the 1980s.
Volkswagen is looking at ways to cut costs and boost cash flow.
US President Barack Obama's administration has faced extensive criticism for its failure to prosecute bankers criminally for behavior that led to the financial crisis.
A glance back at some of the important ups and down Indian Inc faced in 2018.
To facilitate such restrictions on entities found to have 'wilfully' defaulted on bank loans, the Reserve Bank is exploring ways to share details of these defaulters with Sebi on a real time basis.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices added 0.6% and 1.3%, respectively to touch their fresh lifetime highs.
The broader market outperformed with the S&P BSE Midcap down 0.3%, while the S&P BSE Smallcap was little changed.
News of all that's transpired on and off the football field
IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.
Preliminary investigations conducted by capital markets regulator Securities and Exchange Board of India and inputs from other regulators and government departments suggest that some brokers were offering structured financial products to their HNI clients under some portfolio investments schemes for high returns of 10-20 per cent.
SFIO tried to sift through changed names, cross-holdings in INX Group
Tamal Bandyopadhyay details HDFC Bank's digital journey.
Indian business, on quite a different trajectory from its global counterpart, remains relatively insulated from any kind of backlash.
Governments must give companies a hearing before blacklisting them.
Each dept could handle a designated area.
For stressed loans, the need is to prevent disruption in cash flows from a systemic perspective, conserving employment and assets in untainted enterprises with the potential for recovery, says Shyam Ponappa.
The chief minister skipped meals and remained awake the entire night on a makeshift dais along with some senior ministers and party members.
The 30-share Sensex ended down 39 points at 26,265 and the 50-share Nifty ended down 1 point at 7,954.
His current predicament stems from a combination of personal failing and circumstance
The group needs to rustle up Rs 5,000 crore in cash and an equal amount in bank guarantees for bail.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
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.
The Supreme Court-appointed SIT on Friday called for effective norms to curb betting in cricket and a stronger set of norms for P-Notes, while also making a case for bringing donations to educational and religious bodies under tax net.
Central bank raises red flag, warns of potential risk
Sources said that the capital markets regulator Securities and Exchange Board of India has come across quite a few cases where GDR route could have been used for round-tripping of funds in the name of capital-raising activities of listed companies from abroad.
The bank wanted to run a background check on some Indian promoters.
Bharti will move FIPB soon for increasing Axa's stake to 49%
