The bank board had decided to launch an enquiry to be headed by an "independent and credible person", to examine and enquire into an anonymous whistle blower complaint alleging that the bank MD & CEO had not adhered to code of conduct
There are allegations of involvement of Kochhar and her family members in a loan provided to Videocon group on a quid pro quo basis.
Real estate development on Mumbai airport land and the work on Navi Mumbai airport have been inordinately delayed, which have prompted rating downgrades and raised questions on its financial capabilities. It is also trying to stave off Adani group's entry as a shareholder in the Mumbai airport project.
Three suspected associates of Karti --Bhaskar Raman, Ravi Vishwanathan and Mohanan Rakesh -- are also being questioned
The court extended the interim protection granted to Chidambaram and his son, Karti, till December 18.
Prime Minister Narendra Modi on Friday flew into Colombo in the early hours for a historic visit during which he is expected to hold talks with the country's top leadership.
His father, P Chidambaram, said he will return after a few days.
Enjoying the snow away from the Mumbai summer!
Introduced in 2012, the General Anti-Avoidance Rules, were aimed at companies routing money through tax havens such as Mauritius, but implementation was delayed after an uproar from investors who feared harassment from tax authorities.
Mumbai-based Pratibha Shipping Company, which owns six tanker vessels, has secured a contract from Mangalore Refinery & Petrochemicals, a subsidiary of ONGC, for transporting fuel to Mauritius for three years.
The probe agency found irregularities in loans amounting Rs 3,642 crore sanctioned by Yes Bank to the travel firm.
P V Sindhu and K Srikanth have been given the top billing in the respective women's and men's singles badminton competitions of the Commonwealth Games
Cement major Gujarat Ambuja Cements Ltd on Monday said Holderind Investments Ltd (Holcim Mauritius) has 14.8 per cent stake in the company.
Take a dip in water with Bollywood!
GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore.
Dr Somaiya also said that Ali is facilitating few other major political leaders.
In 2012, India attracted $22.78 billion of FDI, according to the data by Department of Industrial Policy and Promotion.
Carrier International Mauritius Ltd and Global Investment Ltd are looking to buy over 45 lakh shares in domestic IT services firm Infotech Enterprises, for nearly Rs 162 crore (Rs1.62 billion).
The market regulator is seeking help from its peers in Mauritius, the UK and the US to solve the high-profile money laundering case involving Sahara chief Subrata Roy.
Eminent Indian-origin academician Srikant Datar has been named as Dean of Harvard Business School, succeeding Nitin Nohria and becoming the second consecutive dean hailing from India to lead the prestigious 112-year-old institution. Datar, an alumnus of University of Bombay and Indian Institute of Management, Ahmedabad, is the Arthur Lowes Dickinson Professor of Business Administration and the senior associate dean for University Affairs at Harvard Business School (HBS). He will assume charge as the school's next dean on January 1, president Larry Bacow said.
The bilateral talks took place as the formal heads of government meeting got underway in London on Thursday, following a formal launch by Queen Elizabeth II at Buckingham Palace.
Senior Congress leader P Chidambaram's son Karti's name has also cropped up in the case
One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement.
WCP Mauritius Holding, an investment vehicle promoted by former World Bank president James Wolfensohn, has bought a minority stake in India's ethnic wear company Fabindia for about $11 million, a Financial Times report said.
Temasek Holdings, the Singapore government's investment arm, has sold its entire 5.26 per cent stake in healthcare major Apollo Hospitals Enterprise for Rs 133.68 crore (Rs 1.34 billion).
The top posts on social media from your favourite Bollywood celebrities.
The South Asian nations could script a new history of cooperation and prosperity that could serve as an example for other nations, notes Dr Rahul Mishra.
According to the Zeitgeist charts released by the search engine giant Google Indians looked for these travel destinations in 2013.
Bollywood actor and co-owner of Indian Premier League franchise Kolkata Knight Riders, Shah Rukh Khan has been summoned by the Enforcement Directorate for forex violation.
The case is related to the alleged irregularities in granting clearance by the Foreign Investment Promotion Board to INX Media, once owned by Peter and Indrani Mukherjea, for receiving overseas funds to the tune of Rs 305 crore.
Medals tally of the 2018 Commonwealth Games in Gold Coast.
Check out India's schedule on Day 3 of Commonwealth Games.
Billionaire Gautam Adani's Adani group on Monday said it has reached an agreement to acquire GVK group's shareholding and control of Mumbai airport.
Check out India's schedule on Day 8 of the Commonwealth Games in Gold Coast, on Thursday.
Face Rs 1,000-cr minimum alternate tax demand
The senior Congress leader's role has come under the scanner of investigating agencies in the Rs 3,500-crore Aircel-Maxis deal and the INX Media case involving Rs 305 crore.
'In our country, Hindus and Muslims live like brothers,' says the Mauritius Vice President in an exclusive interview.
India cannot choose its geography and devise regional strategies to dovetail into the Western Indian Ocean hypothesis conceived in the Pentagon, argues Ambassador M K Bhadrakumar.
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