The Karnataka police have arrested M B Ali Iliyas Burhan, believed to the main agent of Abdul Kareem Telgi, the man behind the multi-crore fake stamp paper racket, the Stamp Paper Investigation Team said on Friday.
The finance ministry official may have claimed that the ministry does not have information on the loans sanctioned by different banks to Mallya or the details of the guarantee given by Mallya against those loans, but the ministry had responded to questions in this regard in Parliament in the past.
Delhi Police Crime Branch raided the office of a petrochemical co.
On Wednesday, rupee depreciated to an all time low of 60.72 against dollar.
A senior ruling Akali Dal leader of Punjab and two other persons from the state, who were allegedly been kidnapped in Hong Kong where they went to finalise a land deal, have been freed unharmed and the prime accused in the case arrested, police said.
Justice Chandrachud also said that use of state machinery to curb dissent instills fear, which violates the rule of law.
A Special Court for Economic Offences has ordered summons to be issued against him over dues from his Kingfisher Airlines to the I-T Dept.
India has rejected New York City's contention that it is using the 26-storey building owned by it near the United Nations in Manhattan for commercial purposes.\n\n\n\n
A Special Investigating Team on Tuesday visited the village in Bihar's Saran district where 23 children died of food poisoning after consuming a mid-day meal in their school.
Dehorning grabs the spotlight again after the death of the last male northern white rhino.
The land acquisition, the consolidation process in Kot and a slew of other decisions by the Haryana government to open the hills to privatisation and commercial activity run contrary to court orders, environmentalists' demand, and at times the Union government's measures to protect the Aravalli hills, say Nitin Sethi & Kumar Sambhav Shrivastava.
Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms and foresees up to five years in jail for debtors who conceal property or defraud creditors
this move by the government is likely to iron out the current challenges for the NBFCs and in turn help the real estate sector.
Abu Anas was arrested by the NIA in January for allegedly planning to carry out a terror strike ahead of Republic Day.
Deepak Narang, executive director of United Bank of India, speaks on Vijay Mallya's 'wilful defaulter' status.
When powers vested by the Finance Bill 2017 begin to get mildly used, fellow Indians living in the corporate bubble will get a faint whiff of what life can be like when you run a grocery store in the streets of Kashmir or the North East.
Nearly four lakh people have been affected across seven districts of Assam.
'Had the police firing been responsible for the killing, then that would have been excessive use of force, but somebody killing somebody else in your presence shows that either you are complicit or incompetent, or both.'
The verdict may have an impact in other states where former chief ministers are occupying government bungalows for life under the local laws.
'When the forensics have collapsed, approver is clearly proved to be a liar from the beginning to the end... Does the prosecution genuinely believe that we ought to remain in judicial custody despite showing that their own story is not being corroborated by evidence, for another 192 witnesses?'
The 29-year-old, who has studied electrical engineering in Sudan, lived in Birmingham's Sparkhill district. He describes himself as a shop manager.
More than 10 senior bureaucrats in Maharashtra, including some who have retired, owe the state government over Rs 44 lakhs for overstaying in official accommodation after service or post transfers, an RTI query has found.
Congress President Sonia Gandhi, her son Rahul, Motilal Vora, Oscar Fernandes, Suman Dubey and Sam Pitroda are accused in the case.
Tata Motors (down 1.7%) was the top loser on Sensex and Nifty, while Lupin (1.6%) gained the most.
Public general insurance companies to collaborate for speedy settlement of claims
Arms dealer Sanjay Bhandari, who is under the scanner of multiple investigating agencies, may have fled the country, a media report claimed on Thursday.
'Make cash available now, don't put people into suffering.' 'You should not come to a situation where the operation was successful and the patient is dying.' 'What did not happen in India for several years, you cannot do in 50 days.' 'This is agony and pain.'
The apex court directed Mallya, who is currently in the United Kingdom, to appear before it on July 10 to argue on the quantum of punishment in the matter.
'The Street is divided on when we could recover from demonetisation.' 'The government believes it is a pain at best for two quarters.' 'Some analysts feel the impact could be felt for two-three quarters and some that it could last for 12 to 15 months.' 'Investors are stuck in a no-action zone.'
Those evading taxes could soon find tax officials at their doorstep, with a rather insightful account of their big purchases.
Being one of the early commentators to flag economic slowdown and caution investors on corporate earnings, Gautam Chhaochharia, head of India research, UBS Securities, in an interview with Hamsini Karthik says the markets remain in an expensive zone despite the recent correction.
The S&P BSE Midcap and S&P BSE Smallcap indices hit a new lifetime high
Punjab National Bank has made a name for itself in recovery of bad loan dues. Usha Ananthasubramanian, managing director and chief executive officer of the government-owned lender, explains how it has achieved this reputation.
Will the fans rush back to the stadium once sport resumes? Will training abroad be as hassle-free as it used to be? What about contact sports where social distancing can't really be practised? Some of India's biggest sportspersons -- current and former -- gave their views on future of sports once the action resumes.
Initial investigations found that Shahidullah was involved in a property dispute with neighbours 'which could be a reason of the murder'.
The airlines had pledged the trademarks as collateral with banks at the time of taking loans from them
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To get what it thinks are its dues, its brass have directed; construction, realty, renting of property, personnel supply, security & goods transport among those under lens
Suspended Indian Administrative Service officer Pradeep Sharma, who took on Narendra Modi over the snoopgate scandal when he was the Gujarat chief minister, was arrested on Tuesday in a corruption case, a day after the Enforcement Directorate attached his properties for alleged money laundering.
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