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Devas wins plea to seize Indian property in cancelled Isro deal

A French court has ordered freezing of an Indian government property in Paris on a plea by Devas shareholders who are seeking to enforce a USD 1.3 billion arbitration award over a cancelled......

Blow to Chidambaram as CBI gets permission to prosecute him

The Central Bureau of Investigation on Monday informed the Patiala House Court that it has been granted permission to prosecute former finance minister P Chidambaram in connection with the......

AgustaWestland accused, lobbyist arrested after deportation from Dubai

In a major boost to agencies probing high-profile corruption cases, a Dubai-based businessman wanted in the VVIP choppers case and a corporate aviation lobbyist have been deported to India,......

Agusta scam accused Rajiv Saxena extradited to India

In a major boost to agencies probing high-profile corruption cases, a Dubai-based businessman wanted in the VVIP choppers case and a corporate aviation lobbyist are being deported to India,......

Court extends interim protection from arrest granted to Chidambaram

A Delhi court on Monday extended till November 1 the interim protection from arrest granted to former Union Minister P Chidambaram and his son Karti in the Aircel-Maxis case filed by Central Bureau......

India Opens Doors To Foreign Banks, But...

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff In September 2006, the Union government had put the Satara......

Lenskart eyeing mega expansion as it readies for IPO

Eyewear retailer Lenskart plans to add 450 stores in the current financial year, its fastest expansion in three years, as the company prepares for a public listing that could value it at up to $10......

IndusInd Bank appoints firm to probe accounting discrepancies

IndusInd Bank has appointed a professional firm to conduct investigation for identifying the root cause of accounting discrepancies relating to its derivatives portfolio. Photograph: Anushree......

IIHL completes acquisition of Reliance Capital

IndusInd International Holdings chairman Ashok Hinduja on Tuesday announced the acquisition of Reliance Capital, completing the three-year-long resolution process of the debt-ridden company.......

PwC may submit report on IndusInd Bank on Friday

External auditor PwC is likely to submit its report to IndusInd Bank's board on Friday regarding accounting discrepancies in its derivatives portfolio, sources said. Photograph: Anushree......

ED slaps show-cause notice to SRK, Gauri, Juhi

ED notice to SRK, Gauri, Juhi for 73 Cr violation under FEMA IMAGE: Shah Rukh Khan and Juhi Chawla. Photographs: Pradeep Bandekar The Enforcement Directorate, on Friday, issued a......

ED summons Shah Rukh Khan in IPL-related FEMA violation case

The case pertains to the show cause notice where the central probe agency had issued notices to Khan, his wife Gauri, actor-friend Juhi Chawla and Knight Riders Sports Private Limited (KRSPL),......