Zee Entertainment last week witnessed shareholder activism that saw an open call for the ouster of promoters and the incumbent management led by Punit Goenka. Besides, Dish TV also faced a similar call earlier this month. The trouble at Zee Entertainment can be gauged from the fact that this is a unique company wherein the promoters own just 3.99 per cent, but fully control the firm.
The prosecution complaint, ED's equivalent to chargesheet, has urged the court for confiscating attached assets totalling to Rs 1.22 crore in the case, besides other punishment under Prevention of Money Laundering Act.
The DMK feels its genuine gestures have had no bearing on the governor's politico-administrative conduct, which is 'more political and politicised than administrative and Constitutional', observes N Sathiya Moorthy.
Associated Journals Ltd (AJL), which runs the National Herald newspaper, on Wednesday told the Delhi high court that the Enforcement Directorate's (ED) May 2020 provisional attachment order attaching its nine-storey building in Mumbai was 'non executable' as the agency has not identified which portions have been attached.
Besides bank accounts, Sebi has also in various proceedings ordered depositories, NSDL and CDSL, to attach the demat securities accounts of the erring entities.
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.
First, Mamata's pampering of lawless elements masquerading as Trinamool Congress cadres. Second, her promotion of her nephew, Abhishek Banerjee, as a possible successor and the adoption of Prashant Kishor as her political adviser. Neither has gone down well with either her followers or the public, observes Amulya Ganguli.
Vandalism of the statue of the apostle of peace comes during the week of nationwide protests against the custodial killing of African-American George Floyd in Minneapolis on May 25.
The office, spread over 52,775 square feet carpet area, in Mumbai's suburban financial centre Bandra Kurla Complex, is on the fourth floor of the building 'Jet Airways Godrej BKC'.
SBI has the highest exposure of Rs 1,600 crore to the beleaguered Kingfisher Airlines.
Besides selling movable and immovable assets to make recoveries, taxmen filed prosecution cases against those not paying the demand.
A blast took place outside the Israeli Embassy in the heart of Lutyens' Delhi on Friday evening, a fire service official said.
Mallya showed his net worth at Rs 615 crore, mainly in shares and bonds.
The goods, including jewellery, blackberry phones, foreign and Indian currency, expensive watches, laptops and I-pods, shoes and jackets, were found at the domestic and international terminals.
Over 1,000 riot-affected people have moved into the Delhi government's relief camp at Mustafabad in the last 24 hours from areas like Shivpuri, Mustafabad and Karawal Nagar, the government said in a statement.
Lakhs of people were rendered homeless as cyclone Amphan cut a path of destruction through half a dozen districts of West Bengal, including state capital Kolkata, Wednesday night, blowing away shanties, uprooting thousands of trees besides swamping low-lying areas.
The Anti-Terrorism Court (ATC) Gujranwala issued the warrant during a hearing in a terror financing case instituted by the Counter Terrorism Department (CTD) of Punjab police against some members of the JeM.
The Batote-Doda-Kishtwar National Highway was closed due to huge boulders at Thathri market triggered by the cloudburst.
Armed with fresh powers to conduct search and seizure operations and attach properties and bank accounts, the Securities and Exchange Board of India (Sebi) is going all out to use these effectively.
Police said situation is under control in the border district of Jammu and Kashmir.
Among the assets in question include the Force India and Indian Empress super-yacht - which was fitted with an Elton John piano around 2015, a fleet of high-value cars and some artwork from Mallya's Ladywalk property in the English village of Tewin in Hertfordshire.
Tag for defaults on nearly Rs 7,000 cr loans to long-grounded Kingfisher Airlines
This is the first time that Gandhi has raised an issue in the 17th Lok Sabha
Industry fears tougher US stance on IP after President Donald Trump asserted that foreign countries must pay a fair share for drug development costs. Aneesh Phadnis reports.
The Kingfisher House has a built-up area of over 17,000 sq ft and is located in plush Vile Parle area near domestic airport in Mumbai.
Sood, who was in the limelight for helping migrants reach their homes during the lockdown last year, had stated in his plea that his application for conversion has been approved by the Municipal Commissioner subject to Maharashtra Coastal Zone Management Authority permission.
No plaque marks the historic meeting place of the fathers of two nations. And no history textbook tells us about that first meeting and their mutual admiration, common ethos and comradeship.
This follows an investigation into alleged violations of foreign exchange rules involving foreign direct investment of Rs 85 crore and Rs 140 crore by JP Morgan India and Amrapali Group firms.
It said the sleuths have recovered Rs 14.6 crore of "unaccounted" cash and seized diaries and computer files of suspect payments made between Madhya Pradesh and Delhi.
ED had attached properties in the states of West Bengal, Assam and Odhisha.
If the spouse is the guarantor of husband's business loans, banks can hold her liable for default. Here are ways to ring-fence her assets.
The biggest catch in a reverse mortgage is that you cannot move out of the house
A bench comprising Chief Justice S A Bobe and justices B R Gavai and Surya Kant took note of the submissions of solicitor general Tushar Mehta that the high court order, to the extent of allowing their release from prison, needed to be stayed.
A proclamation and property attachment notice was on Monday pasted at the house of Laddan Mian, a close associate of jailed ex-Rashtriya Janata Dal MP Mohammad Shahabuddin, in connection with the murder of a journalist in Siwan earlier this month.
Maharashtra Chief Minister Prithviraj Chavan is agreeable in principle to this tax, but the government is yet to take a decision.
Embattled liquor tycoon Vijay Mallya claimed on Sunday that Prime Minister Narendra Modi's statement in a recent interview confirming the recovery of Rs 14,000 crore worth of his assets has fully vindicated him in his assertion of being a "poster boy" for the Bharatiya Janata Party-led government.
Exchange rates to provide for 5-7% savings in package costs; consultants forecast higher property purchases by Indians; currency depreciation to make education cheaper
The BSE Midcap and the Small-cap Index have run up 25.3 per cent and 31.3 per cent respectively over the past year. Valuations are no longer cheap, notes Sanjay Kumar Singh.
The new powers are aimed at making Sebi more effective in protecting investor interest and helping it to better regulate the market.
The pandemic has brutally highlighted the inadequacy of India's administrative systems. And, the government has demonstrated its culpable inability to speed up vaccination in a timely manner, says Jaimini Bhagwati.
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