ED raids Raut aide in Mumbai Covid centre scam

The Enforcement Directorate on Wednesday raided 15 locations in Mumbai in connection with a money laundering case related to an alleged COVID centres scam against businessman Sujit Patkar, believed......

Shiv Sena-NCP Leaders Facing ED Heat

IMAGE: Maharashtra Deputy Chief Minister Ajit Pawar with Ministers Dilip Walse Patil, Jayant Patil and others stage a protest at Mahatma Gandhi's statue near Mantralaya, the state government......

CBI unearths 339 shell companies used to divert Rs 2,900 crore

The Central Bureau of Investigation has unearthed multiple complex webs involving 339 shell companies used for allegedly diverting funds unscrupulously to the tune of Rs 2,900 crore as part of its......

The Lokpal is no magic wand to fight corruption

A more informed electorate, rather than the Lokpal, can fight corruption better, argues Neeta Kolhatkar. Parliament passed the ever delayed Lokpal Bill on December 18. The President has given the......

Brokerages face Sebi fire in NSEL scam

  Market regulator asks third-party auditors to conduct forensic audit as brokers’ order books don’t tally with those of the exchange The Securities and Exchange Board of India......

How NSEL scam derailed commodity market in 2013

Commodity futures market's dream run came to a halt in 2013 as a Rs 5,600 crore (Rs 56 billion) scam in Jignesh Shah-led spot exchange NSEL and imposition of transaction tax on non-farm items......

1st arrest in NSEL scam, top official held

In the first arrest in the NSEL's Rs 5,600 crore (Rs 56 billion) payout scam, a top official of the beleaguered spot commodity bourse, which defaulted on its payment for the eighth time in a row......

NSEL scam: ED initiates probe, suspects money laundering

In a fresh development in NSEL's Rs 5,600 crore (Rs 56 billion) scam, the Enforcement Directorate (ED) on Monday registered a preliminary inquiry into the payment crisis, suspecting large-scale......