Markets regulator Sebi on Thursday said it has lined up three properties of Saradha Group of Companies for an auction on December 16, at a reserve price of Rs 5.21 crore. The move is part of Sebi's efforts to recover money raised by the company from the public through illicit schemes. In a notice, the Securities and Exchange Board of India (Sebi) said the auction will be conducted between 11 am to 12 pm on December 16, 2022. The properties to go under the hammer include land parcels located in West Bengal.
In the wake of a massive protest at Badlapur in Maharashtra's Thane district over the alleged sexual abuse of two kindergarten girls, internet services in the town were suspended while most schools remained shut on Wednesday, officials said.
As per the sources, the NIA is trying to ascertain if there are smuggling, trafficking, and radicalisation links.
There are a total of 12,611 establishments called enemy property, roughly estimated to be worth over Rs 1 lakh crore, in the country.
With several state administrations flattening the houses of those involved in criminal cases with bulldozers, the Supreme Court on Monday questioned how can anybody's house be demolished just because he is an accused.
The anti-encroachment drive at Vishalgad Fort in Maharashtra's Kolhapur district turned violent as a mob hurled stones at police personnel and damaged properties, leading to the registration of cases against 500 people and the arrest of 21 others, police said on Monday.
The ASI on Wednesday urged the court not to make its report public for at least four more weeks.
Mahendra Singh, whose death has convulsed the Mewar royal family's succession issues, was himself excluded from the family trust by his father who gave control to the younger son, Arvind Singh. It is this decision that years later has cast a shadow on Vishvaraj Singh's coronation, reports Prakash Bhandari.
Hitting out at the Congress government headed by Chief Minister Siddaramaiah, he said the ruling party has reached "height of appeasement politics," and alleged that it has in a way made appeasement of minorities its "goal."
From a few rain gauges in 1875 to rivalling the world's best weather agencies, the India Meteorological Department (IMD) has weathered its way to becoming a global leader in forecasting.
A bench of Justices B R Gavai and K V Viswanathan clarified that its order will not be applicable to unauthorised structures on public roads, footpaths etc.
A protester was killed in firing during a clash between security forces and a mob vandalising properties in Manipur's Jiribam district. The incident occurred late on Sunday night when agitators were protesting the killing of women and children abducted by militants. The deceased has been identified as K Athouba, who was in his twenties. The offices of the Congress and BJP, and a house belonging to Jiribam's Independent MLA were ransacked by a group of agitators. Meanwhile, an uneasy calm prevailed in Imphal Valley, where curfew remained enforced and internet services suspended after agitators vandalised and set ablaze properties belonging to several ministers and legislators.
Markets regulator Sebi on Friday said it has lined up as many as 69 properties of Saradha Group of Companies for an auction on November 1 at a reserve price of Rs 30 crore. The move is part of Sebi's efforts to recover money raised by the company from public through illicit schemes. In a notice, the Securities and Exchange Board of India (Sebi) said the auction will be conducted between 11 am to 1 pm on November 1, 2022.
The Enforcement Directorate on Tuesday said it has attached over a dozen properties worth Rs 12.78 crore of suspended Trinamool Congress leader Shajahan Sheikh including bank deposits, an apartment, and agricultural and fishery land in Sandeshkhali and Kolkata in West Bengal.
NIA investigations in the case so far have revealed that the incidents in London on March 19 and 22 last year were part of a larger conspiracy to unleash vicious attacks on the Indian missions and its officials.
Fugitive businessman Vijay Mallya has said that he will pursue relief for the Enforcement Directorate and banks taking more than two times the debt he owed. His remarks came following a statement by Finance Minister Nirmala Sitharaman in Parliament about recovery of over Rs 14,130 crore from his attached assets.
The Supreme Court on Wednesday voiced concern over the damage to public property during agitations, saying the country cannot be held to ransom and that it will lay down parameters for fixing accountability for the losses.
Equating 'bulldozer justice' with a lawless state of affairs where might is right, the Supreme Court on Wednesday laid down pan-India guidelines and said no property should be demolished without a prior show cause notice and the affected must be given 15 days to respond.
The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.
Ram Rahim, lodged in Rohtak's Sunaria Jail, is serving a 20-year sentence handed out to him in 2017 for allegedly raping two of his disciples.
The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the first quarter of the financial year.
'It has changed the political character of India by ejecting socialism as an ideology from the Constitution of India.'
The Archeological Survey of India (ASI) on Wednesday urged a Varanasi court not to make its Gyanvapi mosque complex survey report public for at least four more weeks, according to the lawyer for the Hindu side.
The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise nearly Rs 18,500 crore. Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd.
The government has slapped a $2.81 billion (about Rs 24,500 crore) demand notice on Reliance Industries and its partners, including BP Plc for gains made from producing and selling natural gas that may have migrated from neighbouring block of state-owned ONGC. This follows the Delhi high court's decision on February 14, overturning an international arbitration tribunal ruling that held the duo not responsible for paying any compensation for the gas they produced and sold which had allegedly migrated from adjoining fields.
Eying benefits from digital banking, lenders are now looking at building Unified Recovery Interface (URI) for enhancing efficiency, reducing costs, and getting good prices for properties of defaulters. This would be managed by PSB Alliance Ltd, a company set up by all public sector banks in the country. M V Rao, chairman, Indian Banks' Association (IBA), said: "Till now we had Unified Payments Interface (UPI), a product developed by National Payments Corporation Ltd (NPCI).
'Putin dreams about his legacy. He wants to forcibly restore the Russian empire.' 'Unfortunately, after three years of large-scale war with massive human losses, Putin will not budge from his goal because human life is the cheapest resource in the Russian State.'
The Enforcement Directorate on Monday booked Karnataka Chief Minister Siddaramaiah and some others in a money-laundering case linked to the Mysuru Urban Development Authority, taking cognisance of a recent state Lokayukta first information report (FIR), official sources said.
The RJD has been told to pay Rs 28,000 as fine for putting up posters, banners and hoardings at Patna and Hajipur railway stations.
Violence broke out in Kanpur on June 3 after some people gathered demanding strict action against former Bharatiya Janata Party spokesperson Nupur Sharma over her comments on Prophet Mohammad.
The government on Tuesday announced central assistance of Rs 2.2 lakh crore over the next five years to meet housing requirement of 1 crore urban poor and middle class families under the Pradhan Mantri Awas Yojana-Urban and proposed interest subsidy to provide loans at affordable rates. In her Budget speech, Finance Minister Nirmala Sitharaman said, "Under the PM Awas Yojana Urban 2.0, housing needs of 1 crore urban poor and middle-class families will be addressed with an investment of Rs 10 lakh crore." "This will include the central assistance of Rs 2.2 lakh crore in the next 5 years," she added.
The incident comes a day after the town was rocked by protests against the disposal plan amid a bandh call given by the Pithampur Bachao Samiti.
The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.
The National Investigation Agency (NIA) on Monday attached 17 properties of Kashmiri businessman Zahoor Ahmed Shah Watali in a terror funding case, the agency said.
External Affairs Minister S Jaishankar clarified the process of deportation of Indian nationals from the US, stating that it is not a new phenomenon and has been ongoing for several years. He assured the Rajya Sabha that the government is engaging with the US to ensure that the deported Indians are not mistreated during their transit. Jaishankar also emphasized the need for strong action against the illegal migration industry while ensuring ease of visas for legitimate travellers. The minister provided details about the number of Indians deported from the US since 2009, highlighting the peak in 2019 with 2,042 deportations.
Maharani Lakshmi Bai of Jhansi is a "national hero" and history should not be divided on "communal politics", the Delhi high court said on Wednesday while pulling up the Shahi Idgah managing committee for making "scandalous pleadings" in its plea against installation of her statue inside the Shahi Idgah Park at Sadar Bazar in New Delhi.
'This case is not a good example of intellectual property strategy for either sector.'
'We were not protesting for a wage hike or provident fund. We were protesting for the safety of the larger population. There is no personal gain.'
Plumes of smoke could be seen billowing from the spot. A purported video of the aftermath of the explosion also surfaced on social media showing thick dense white smoke.
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