According to sources, the two fund managers allegedly made illicit gains worth Rs 150 crore to Rs 200 crore through front-running.
"The Chairman was actively engaged in resolving the stalemate over the suspension issue but there was no progress due to shifting positions of the concerned and perhaps, due to unwillingness to regret the misconduct of suspended Members and lack of agreement among the concerned parties on regretting the incidents that led to suspension,' said a statement released by RS Secretariat
'We will take tough calls where needed in the interest of doing what is right.'
ICAI on Tuesday said it is setting up a fast-track cell to deal with cases against chartered accountants involved in incorporating shell companies in India with Chinese links and it would aim to dispose them of by the end of the year. Those found guilty can face a lifetime ban, among other actions. The apex bodies of chartered accountants and company secretaries, ICAI and ICSI, have together received around 400 complaints on the issue and necessary actions have been initiated.
Akbar, who resigned as Union minister on October 17 last year, filed a private criminal defamation complaint against Ramani after his name cropped up on social media as the #MeToo campaign raged on in India.
The order said that a complaint has been made before the court under various sections of the Indian Penal Code related to extortion and criminal conspiracy and the court is satisfied that the accused i.e., Singh has absconded or concealing himself to avoid the service of the warrant.
The CBI also submitted another referral report in the court exonerating Bharatiya Janata Party leader AP Abdullakutty in the sexual exploitation complaint by the woman.
Capital markets regulator Sebi has penalised stock exchanges -- BSE and NSE -- for "laxity" on their part in detecting misuse of clients' securities worth Rs 2,300 crore by Karvy Stock Broking Ltd (KSBL). In two separate orders, the Securities and Exchange Board of India (Sebi) has imposed a fine of Rs 3 crore on BSE and Rs 2 crore on NSE. The matter relates to KSBL misutilising client securities worth Rs 2,300 crore, belonging to more than 95,000 clients, by pledging them from just one demat account. The funds raised against the pledge were used by KSBL for itself and its group entities.
Debasis Chaudhuri, 41-year-old professor of computer science at the University of Nebraska, Lincoln, sat in the courtroom before his name was called with his elbows on his knees and his head resting on cupped hands.
People are easily convinced to take lives as though it's a game of passing-the-parcel... Crime is not merely romanticised and rationalised, but also rewarded, points out Sukanya Verma. Breathe: Into the Shadows 2 Review
"It is complete red herring. I thought the state will see some sense. But, these are different nature of battles. Sorry, dismissed," the bench said.
A bench of Justices Nitin Jamdar and SV Kotwal passed scathing comments against the Maharashtra government's conduct through the entire Anil Deshmukh-Param Bir Singh episode in its judgement.
The tweet further said, "We can't sit back and watch Muslim girls being publicly persecuted they said. Time for the Ummah to unite."
A Delhi court on Saturday sent Shankar Mishra, accused of urinating on a woman co-passenger on an Air India flight, to judicial remand for 14 days while rejecting a plea by police for his custody.
'Such a struggle at Kalakshetra is unprecedented.'
On the directions of the Supreme Court, the special crime unit of the central agency registered the cases late Tuesday evening.
Seth has been named by six women including model Diandra Soares, filmmaker Natasha Rathore and writer Ira Trivedi.
Aligarh Muslim University on Wednesday suspended a professor who referred to examples of "rape" in Hindu mythology during a forensic science class, provoking accusations of hurting religious sentiments.
The bench terms the "two-finger test" as a violation of a woman's dignity and privacy.
In a statement, the ministry said the proposed amendment bill also seeks to extend power to suspend the certificate of practice in cases of professional misconduct by the appropriate government for conduct of inquiry.
Sources said that the lookout circular was issued to prevent Deshmukh from fleeing the country.
In a statement, Nike said it did not comment on ongoing litigation.
The cross-examination of Akbar by Ramani's counsel remained inconclusive and would resume on on July 6.
The demand was made by the Nationalist Congress Party, the Trinamool Congress and the Dravida Munnetra Kazhagam.
The Delhi high court on Wednesday sought journalist Priya Ramani's stand on former Union minister M J Akbar's appeal against a trial court verdict in his criminal defamation case against her over sexual harassment allegations on the grounds that it was "based on surmises and conjecture".
The claims were made after the Income Tax department had on July 6 raided 36 premises of the Bengaluru-based Micro Labs Ltd. across nine states.
Ramani had said the allegations against Akbar, made in the wake of #MeToo movement in 2018, were her truth.
British Prime Minister Boris Johnson on Thursday finally agreed to step down as Conservative Party leader, triggering a leadership election for a new Tory leader who will go on to become the new premier, according to reports from Downing Street.
Speaker Om Birla then announced that the suspension stands revoked with immediate effect.
Ramani, who concluded her arguments on Saturday in the complaint filed against her by Akbar, told the court through her lawyer that the #MeToo campaign was started to correct the structural wrong, which was continuing for long.
The officer, Niyaz Khan, also appealed to the film producer to transfer all earnings to the Brahmin children's education and construction of homes for them in Kashmir.
The rather amateurish, even ham-handed, attack would lend some credence to a 'false flag' theory, of the PTI leadership staging this incident, to provide new impetus to a flagging agitation, notes Rana Banerji, who headed the Pakistan desk at RAW, India's external intelligence agency.
The employees are demanding several key changes in how sexual misconduct allegations are dealt with at the technology giant, including a call to end forced arbitration, a move which would make it possible for victims to sue.
In a dramatic move, Gandhi on Thursday led his party members and those from the TMC and the DMK to observe a two-minute silence by standing to mourn the death of farmers during the ongoing agitation.
The Maharashtra government will not arrest former Mumbai police commissioner Param Bir Singh till June 22 in a case registered against him under the SC/ST (Prevention of Atrocities) Act, the Bombay high court was told.
The Guild had sought the views of its executive committee on what action should be taken against Akbar, a dormant member at present and one of its past presidents, Tejpal and senior journalist Gautam Adhikari "in light of sexual misconduct allegations levelled against them", a statement said.
Reputations, especially in Bollywood, took a beating when people such as Tanushree Dutta and Vinta Nanda named Nana Patekar and Alok Nath for alleged misconduct years ago.
According to one of the Kochi team co-owners, Modi had driven them to 'madness'.
In Chanda's defence, one can always say, why would the Videocon Group take care of her husband as a quid pro quo to get a loan? After all, the group has taken money from the entire banking industry and ICICI Bank's share in the pie is not even 10 per cent. So, if it had a quid pro quo with Chanda to get the money, it must have had similar arrangements with other banks, too. If this is not the case, one must accept that it had got money from all banks, including ICICI, without any under-the-table conditions, points out Tamal Bandyopadhyay.
An ACP-rank officer, named by former Mumbai police commissioner Param Bir Singh in his letter accusing then Maharashtra Home Minister Anil Deshmukh of corruption, told an inquiry commission here on Wednesday that Sachin Waze was an "obedient" and "high-performing" officer.
