Leading brewer Anheuser-Busch InBev will pay USD 6 million (Rs 40.2 crores) to the American authorities for settling charges of making "improper payments" to government officials in India to push sales and production.
ICAI has also imposed a fine of Rs 5 lakh on each of the three accused in Satyam case.
Police on Tuesday registered an FIR against senior Congress leader Kripashankar Singh under anti-corruption law in connection with a disproportionate assets case, nearly a week after the Bombay high court had directed it to prosecute him for "criminal misconduct".
In all this, the political establishment -- and especially the finance ministry -- appears the weakest link, and worse still, the possible reason for the political backing to Narain and Ramkrishna that emboldened them to defy all the sentinels -- the independent board, the auditors, top management persons like the chief compliance officer, the company secretary, and unbelievably the super-regulator Sebi, observes V Ranganathan.
Many in the US establishment must hope that the crisis would put the brakes on China's growing military might. Well, it ain't gonna happen, says T T Ram Mohan, who was appointed a member of the prime minister's economic advisory council on Wednesday, October 28, 2021.
The United Kingdom's home department has cleared the extradition of fugitive diamantaire Nirav Modi, who is wanted in an over Rs 13,000-crore bank fraud case, officials said on Friday.
The suspected gunman, identified as Wade Michael Page, who killed six people in a shooting rampage at a Gurdwara in Wisconsin, was a "psychological operations specialists" at in the US Army before being dismissed in 1998 after six years of service.
A senior BCCI official seconded Diana Edulji's view and said there should be suspension pending inquiry.
FIFA's disciplinary committee has banned Worawi Makudi, former president of the Football Association of Thailand and a former member of the FIFA Executive Committee, for three months for failing to comply with an earlier suspension, FIFA said.
The decision to ban Rauf was taken at the BCCI's Disciplinary Committee's meeting in Mumbai on Friday.
Blatter, who led world soccer's governing body for 17 years, was suspended from the sport for six years for ethics violations in 2015 amid the biggest corruption scandal to shake FIFA.
Anna Hazare on Friday hinted at expansion of his Core Committee as a sense of unease gripped his team over allegations of financial misconduct by some of its key members.
Sri Lanka skipper Angelo Mathews has promised `no mercy` for any teammate found guilty of misconduct after the country's Sports Minister raised allegations of drunken behaviour during New Zealand tour. Earlier, Dayasiri Jayasekera, Sri Lanka's Sports Minister had said that they would carry an investigation, amid allegations of players being involved in 'scandalous behaviour' during the tour. The 28-year old, who was neither denying nor accepting the allegations, revealed that an official probe had begun into the allegation that players had attended parties till late night, Sport24 reported.
Sunderland and England midfielder Adam Johnson was arrested on Monday on suspicion of having sex with an under-age girl.
Former FIFA executive committee member Chuck Blazer was banned for life from all football activities on Thursday by the sport's governing body, which is engulfed in a scandal over alleged corruption.
Scams happen with high regularity because the price of getting caught is insignificant. Aggrieved investors run from the police to already clogged courts to find redress for issues for which financial regulators have been specifically set up. For over 3,750 years we have known what to do, but we don't do it, observes Debashis Basu.
The selection of Ravi Shastri's coaching team will take place on Monday and the interviews for the batting, bowling and fielding coaches will be conducted by the national selection committee headed by MSK Prasad.
According to media reports, Singh made objectionable remarks on Mayawati over an infamous episode when the BSP chief was reportedly assaulted by Samajwadi Party workers at a guest house in Lucknow in 1995 that triggered decades of animosity between the two parties.
St Stephen's College has revoked the suspension of an administrative officer after acting against him last week for alleged misconduct even as his plea challenging the order is pending before the Delhi high court.
"He was found to have committed many and various acts of misconduct continuously and repeatedly during his time as an official in different high-ranking and influential positions at FIFA and CONCACAF"
Arsenal manager Arsene Wenger has been given a four-match touchline ban after admitting a Football Association (FA) misconduct charge for appearing to push the fourth official during their Premier League win over Burnley on Sunday.
Suit alleges fraud by hiding significant deficiencies in CGMP regulations enforced by US health regulator.
FIFA chief Sepp Blatter, who is standing for re-election as FIFA president on Friday, added that the investigations will help to reinforce measures world soccer's governing body has already taken.
Soon after a Congress delegation approached it on the issue, the poll panel formed two teams to probe the allegations.
The All India Football Federation (AIFF) has issued a show cause notice to FC Goa, asking them to explain why disciplinary action should not be taken against them for the fracas after their defeat to Chennaiyin FC in the final of Indian Super League (ISL) on December 20.
Najeeb, 27, a student of School of Biotechnology and a native of Badaun in Uttar Pradesh, went missing on October 15 following an on-campus scuffle allegedly with the members of ABVP.
Wenger has until Friday to respond to the charge.
Virbhadra Singh and his wife Pratibha Singh were booked on Monday night by the state vigilance and anti-corruption bureau under relevant sections of the IPC (Indian Penal Code).
The petition by the trio came two weeks after the apex court had on October 10 asked the Centre to provide details of the decision-making process in the Rafale deal with France in a sealed cover by October 29.
Good Samaritans saving lives of road accident victims need not fear harassment by police or hospital authorities, while lack of response by a doctor in such cases would be construed as professional misconduct.
There was no clarity on whether Johri has submitted his response to the allegation, made by an anonymous accuser claiming to be his ex-colleague at a previous job.
ICC chief executives' committee has approved all recommendations made by the ICC cricket committee in May, which include the use of Decision Review System (DRS) in all T20I games.
The ICC Cricket Committee chaired by India's head coach Anil Kumble made a host of recommendations at its annual meeting with the notable ones being the use of DRS for all T20 Internationals.
Jaitley said the raids have been carried out only after identifying a substantial reason.
The 12,000-page charge sheet further claimed that a similar fraud was detected in 2016 following which the RBI took up the issue and issued circulars to all banks.
Argentine football great Diego Maradona said on Wednesday he wants to fight the "mafia" responsible for the corruption scandal that has rocked FIFA, but he stopped short of saying he wants to be the next president of global soccer's governing body.
Stoke City manager Mark Hughes says he will not contest the Football Association's misconduct charge against him after he was sent off in Saturday's 4-0 Premier League defeat by Tottenham Hotspur.
The Supreme Court appointed Committee of Administrators (CoA) Chairman Vinod Rai on Wednesday defended the Board of Control for Cricket in India's anti-corruption unit, saying a three-member team can't be everywhere, after the board suspended MCA curator Pandurang Salgaoncar for allegedly claiming that he could tamper with the pitch ahead of the India-New Zealand ODI.
The ED, in its chargesheet, had alleged that Rs 200 crore was paid by Swan Telecom (P) Ltd promoters to DMK-run Kalaignar TV.
'The Democrats have stacked the deck against President Trump and the Republicans. They have leaked out everything,' Trump said in a series of tweet.
