While Waryam Singh was a non-executive director at HDIL, he is listed as one of the promoters of the company and had relations, including shareholding, with several other entities controlled by the Wadhawans, the HDIL founders.
To be sure that you are committing your money to the right person, you must ask these questions to your financial planner. There is no point in cribbing after you have committed your money! Is there?
Individual should be extra careful when taking money from parents or relatives to buy a property
They are the first to be declared terrorists under the new anti-law, a home ministry official said.
The searches are also being conducted at the premises of the son of RJD MP P C Gupta and few other businessmen.
The Modi government could steer through Parliament 59 out of 75 Bills.
This is being done keeping in mind the urgency of these transactions, and it would help the ongoing insolvency cases, including the 12 accounts referred by RBI to banks.
Meet the trailblazers on Forbes 2018 list.
The passage of the Bankruptcy Code could set the stage for other important legislation that may see India undergo more economic change than all governments combined since the reforms implemented by P V Narasimha Rao in 1991-93, says Ben Merton.
A delegation of account-holders went to Sion police station in central Mumbai and submitted the complaint against officials of the bank on which the RBI has imposed operational restrictions. The delegation in its complaint alleged that at least 14 people, including the PMC Bank's chairman and all its directors, were involved in misappropriation of funds of the account-holders.
Insolvency and Bankruptcy Code bound stocks have witnessed a steep fall in 2018.
Indebted developers are cutting staff as they slow work on existing projects and postpone new ones until they clear a backlog of 700,000 unsold homes
Modi's party also wants to regulate property markets and tie investor money to specific projects to stop developers diverting cash elsewhere.
The founder of the California-based Tri-Valley University, who destroyed the academic careers of several hundred Indian students in the United States, has been sentenced to more than 16 years in prison for running a sham university that served as a front for an immigration scam.
Petroleum Minister Dharmendra Pradhan's wish to levy indirect tax on petrol unlikely to be taken up
Assuring red carpet to investors, Commerce and Industry Minister Nirmala Sitharaman on Thursday said the government is fully committed to creating business-friendly environment to boost the manufacturing sector which will push India to a higher growth trajectory.
India moving in right direction on GST, says Panagariya.
Terming Prime Minister Narendra Modi's decision to demonetise high value currency notes as "startling and bold", Chinese official media has said it is "far from enough" and India may "look at ideas" from China's crackdown against corruption which has shown "efficiency".
UK-based Cairn Energy PLC on Tuesday said it will drop litigations to seize Indian properties in countries ranging from France to the US, within a couple of days of getting a USD 1 billion refund resulting from the scrapping of a retrospective tax law.
The investors write to new finance minister; say refunds, not arrests, their priority.
Most brokerages have maintained their Sensex and Nifty targets as they believe there is little room for further re-rating in the backdrop of weak earnings.
Her comments came days before the 15th anniversary of the twin towers attack in New York that killed more than 3,000 people.
Jaitley said among various reforms labour laws will remain a challenge.
It has been a difficult year for Singh, whose fate from the start has been closely tied to that of the Gandhi family.
The Sharif group's website claims they are worth $300 million in business and $100 million in real estate holdings
Mayank Rautela distils his 20-odd years of experience in human resources management to tell you how you can ace in your career.
'The BJP gets most of its contributions in cash.' 'Now they may show that donations are made in small amounts, less that Rs 20,000, but everyone knows this is just absurd.'
The lack of a strong diversity policy on the part of companies, a limited pool of women candidates as well as socio-cultural factors contribute to their low numbers.
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The Indian Consulate in Guangzhou has organised a face to face interaction with Chinese investors to make a case for them to step up investments in India, a press release from the Consulate said.
When word got around in the ministry of external affairs that Siddhartha and Malavika were going to New York and would be with SM Krishna, protocol officers went to Delhi airport to see off the couple. Siddhartha chided them for doing so and when the officials said a government vehicle would be picking them up at John F Kennedy airport on arrival, he told them that he would take a taxi to reach the New York Palace hotel where his father-in-law was staying. K P Nayar reports.
This is one of the rarest of the rare occasions that a political rally has been cancelled due to protests.
The ozone layer enveloping India remained largely undamaged through centuries due to frequent yagyas, organisers of a mahayagya in Meerut claim.
'It is time again for Durga Puja.' 'Time again to be struck by India's astonishing cultural irony, one where the female form is worshipped as divinity while millions of real women are forced to lead restricted lives,' notes Shuma Raha.
Union Minister M Venkaiah Naidu alleged that by not allowing Parliament to function, Congress was not stopping the Modi government but "creating hurdles" in the country's development.
'We are losing the battle of secularism, but we have not lost.'
Senior criminal lawyers explain the minutiae of the National Herald case in an effort to help sort out the legal intricacies of the case for the layman.
'GIFT City is now on a growth trajectory,' says Tapan Ray, MD and group CEO, GIFT City, 'The time has come for the GIFT City to take the big leap and emerge as the next financial hub of Asia.'
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The year 2014 was one of the most challenging years for India. For two consecutive years our GDP growth was sub 5 per cent. Employment generation had declined, the revenue buoyancy was low and the country had become investment starved.
PMO asked income-tax department to submit report on action taken against identified benami owners
The Hinduja brothers, who run the multinational Hinduja Group conglomerate with interests across automotive, real estate and oil, moved up from third position last year to top the UK's billionaire charts this year.
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