Union Home Secretary Rajiv Mehrishi raised the issue of early completion of the extradition process of Mallya, during his talks in New Delhi with his UK counterpart Patsy Wilkinson, the second permanent secretary in the British home office.
Don't end up claiming tax by just referring to Section 80G. There are some sub-sections also.
'... not even a moral one, let alone a legal one.' 'Even if it is assumed that Deepak Kochhar tried to influence his wife into doing something dodgy for his 'social acquaintance', why would she do it?' 'By all accounts she has been granted share options in ICICI Bank of a very substantial amount which easily makes her a multi billion-pati.' 'She did not become CEO against some stiff competition by being stupid and concocting devious cock-and-bull renewable energy stories.' S Murlidharan, former managing director, BNP Paribas, unravels the Deepak Kochhar-Videocon controversy.
Diageo, which had acquired Mallya's United Spirits nearly six years ago, is claiming $40 million paid to the liquor tycoon as part of an alleged breach of agreement.
Frankfurt's state prosecutor will look into bribery allegations concerning the 2006 soccer World Cup after a magazine report suggested a slush fund had been used to buy votes for the German bid in 2000, an official said on Monday.
Award-winning lawyer, Claire Montgomery, the Queen's Counsel, is likely to fight the Indian government's attempt to extradite him to India.
'In many parts of the country, the empty nest-and-empty-nest egg story is a painful boom-to-bust saga.' 'Among the old and young, it is hitting pockets hard, in a linked chain of debt-laden banks, corrupt politicians and builder mafias and disastrous government policies,' says Sunil Sethi.
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?
Here's the full text of the statement
Bain alleges that it invested around $60 mn based on false financial statements that EY had audited and certified
Slush fund allegedly used to buy votes for the World Cup, claims report
Govt reconstitutes body, says will not interfere in senior PSB appointments
Wilful defaulters will not be allowed to take up board positions in any company.
The bank wanted to run a background check on some Indian promoters.
The scheme, touted as a panacea to burgeoning CAD, was a huge flop that fostered a spike in smuggling and allowed several Gitanjali-like players to make a killing
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.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Your nearest grocery shop might soon become a one-stop shop for depositing and withdrawing money.
'We have great demographics, and are the fastest growing large economy. And we save.' 'All of which is great for financial services,' Aditya Birla Capital CEO Ajay Srinivasan tells Niraj Bhatt.
Is this a classic case of throwing the baby out with the bath water?
It will allow more transparency in policies and flexibility in premium payment, besides improving processing of claims.
After initiating stern action against 331 companies, the market regulator seems willing to revoke its stringent restrictions for some entities.
Lauding the contribution of non-resident Indians in the development of the country, he said, 'Mahatma Gandhi, Sardar Patel, B R Ambedkar, Jawaharlal Nehru were all NRIs. They travelled the world and helped India with new perspectives.'
The billionaire jeweller, who has fled the country, in the letter also disagreed with the loan default amount of Rs 11,400 crore and pegged the amount his companies owe to the bank at under Rs 5,000 crore.
Unless Dr Urjit Patel starts clearing the balance sheets of banks, the investment cycle will not start. Unless the clog in the drain is cleared, further lending cannot happen. If further lending doesn't happen, the investment cycle also will not happen, writes M R Venkatesh.
Subrata Roy is in jail since March last year.
'I have been most pained at being painted as an absconder'.
With certain quarters demanding privatisation of public sector banks in the aftermath of the alleged fraud at Punjab National Bank (PNB), Economic Advisory Council to the Prime Minister chairman Bibek Debroy tells Sanjeeb Mukherjee, Ishan Bakshi and Indivjal Dhasmana that reducing government equity even to zero would not mean giving up of government control over these banks.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
Modi has been relentless in building his brand regardless of banks having a problem of fraudulent and unauthorised transactions with his companies.
In an attempt to acquire consumers, banks have been providing a lot of technology-enabled services, which used to be offered free.
Indian business, on quite a different trajectory from its global counterpart, remains relatively insulated from any kind of backlash.
This and more from the happenings in the world of football.
News of all that's transpired on and off the football field on Thursday
The man who owns close to 94 per cent of the shares of Patanjali Ayurved, an unlisted company, does not, however, take a salary or receive dividends.
These entities have facilitated illicit transactions worth thousands of crores of rupees over the past 2-3 years
Timing is crucial for a short-sell, so is an understanding of likely float.
News of all that's transpired on and off the football field
Vijay Mallya has lost control of his companies.
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