After spending 23 days behind bars, former chief minister B S Yeddyurappa was on Tuesday granted bail by the Karnataka high court. Justice B V Pinto granted the bail after hearing his bail plea, on the condition that the former CM furnishes a bond of Rs 10 lakh and a surety of the same amount. Yeddyurappa's legal team is now trying to prepapre the paperwork by Tuesday evening to secure his release.
Rajya Sabha MP Amar Singh, facing prosecution for his alleged role in the 2008 cash-for-vote scam, was allowed on Thursday by a Delhi court to go abroad for treatment of his kidney ailment.
'Those who thought they are above law and above courts of the country are now approaching courts praying bail; some people have already gone inside (jail) which is their rightful place.'
With Lalu Yadav's conviction in the fodder scam case, an alliance between the Congress and Nitish Kumar's Janata Dal-United should have been easier, but that may not be the case. Lalu and his militant Yadav clan will not make way for the two parties so easily, says Sheela Bhatt.
ED had attached properties in the states of West Bengal, Assam and Odhisha.
The Delhi High Court on Tueday dismissed a plea seeking prosecution of Prime Minister Manmohan Singh in the 2008 cash-for-vote scam and imposed a fine of Rs one lakh on the lawyer for filing a "malafide" petition in "gross abuse of law".
'The government is abdicating its responsibility on healthcare.' 'Just to start this scheme, it will take a minimum till October 2018 and elections are coming in 2019, so before that this can go into the dustbin.'
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Corporate lawyers say the fine on independent directors will make them more cautious and some will be wary of taking assignments from companies with low corporate governance standards.
The chief minister, speaking at her first major political rally after the Lok Sabha polls, also said the party will launch a statewide protest on July 26, demanding return of black money "siphoned off" by the BJP.
A special court has convicted four persons, including two brothers of security scam mastermind Harshad Mehta, for their involvement in a related Rs 50 crore (Rs 500 million) fraud.
The Parliamentary Standing Committee on Finance's meeting comes against the backdrop of CBI probing the Saradha scam in which thousands of crores or rupees of gullible investors were allegedly swindled.
That the MVA government, comprising Shiv Sena, Nationalist Congress Party and Congress completed a year in office despite frequent murmurs of lack of coordination among the ruling alliance partners is being attributed to the rapport between Thackeray, 60, and NCP patriarch Sharad Pawar.
Apart from navigating the bank through the Covid crisis, Jagdishan may also have to deal with the latest development on the auto loan lending practice scam. He will be expected to deliver consistent profit growth of 20 per cent-plus quarter after quarter, irrespective of the operating environment.
The two states account for 24% of total accounts opened under financial inclusion scheme.
The Supreme Court on Wednesday asked the Centre to consider setting up a special court to deal with the Rs 1.76 lakh crore 2G spectrum scam.A bench of justices G S Singhvi and A K Ganguly said there was a need for a special court in view of the magnitude of the offence as otherwise the objective of the prevention of Corruption Act and Foreign Exchange Management Act could not be achieved.
Andhra Pradesh government has sought inquiry by the central government into the alleged illegal tapping of phone of Chief Minister N Chandrababu Naidu.
What was the RBI doing, what was the PNB top management doing, what were the auditors doing, asks Debashis Basu.
Speaking during a video interaction with Pradhan Mantri Garib Kalyan Anna Yojana beneficiaries from Madhya Pradesh, he also said that there was 'vikriti' (distortion) in the system of the previous government.
The film revolves around a sharp con artist who cleverly exploits our secret desire to make easy money through the most fantastic scams.
'High denomination cash notes which was 1.4 lakh crores of Rs 500 and Rs 1,000 notes in 2004 became Rs 15.5 lakh crores in 2016.' 'If it had been allowed, by 2022, it would have been Rs 34 lakh crores, and that would have been the end of the Indian economy.' 'Demonetisation was a huge hit on the head of the economy, but without the hit, you could not U-turn the economy.'
Autopsy failed to find the cause of death of MP Governor Ram Naresh Yadav's son Shailesh, an accused in the the multi-crore Vyapam scam.
Jaitley also dubbed Gandhi's attack on Modi as an attempt to shift the focus due to people's 'revulsion' towards the Congress party.
The Congress chief alleged that in the 2016 demonetisation exercise, black money became white, nobody went to jail and contrary to the BJP's promise, no one received Rs 15 lakh in their bank account.
The Congress said arrogance of the BJP has touched its zenith as it turned 'blind' to farm distress.
The government has received flak for allegedly shielding the corrupt ministers and slow pace of investigation in irrigation scam.
Hasty, ill-conceived steps show how isolated Mamata Banerjee had been from the national political trend. A fascinating excerpt from Sugato Hazra's Losing The Plot: Political Isolation Of West Bengal.
the money involved is more than Rs 2,000 crore across Andhra Pradesh
The Central Bureau of Investigation has unearthed a scam in the purchase of uranium extraction filters worth Rs 50 lakh by some senior officials of the public sector Indian Rare Earths Ltd, the investigating agency officials said. The CBI, which conducted raids on the official and residential premises of the IRE officials -- two general managers, two deputy general managers and one manager -- at Kalmaserry in Kerala, has seized several incriminating documents.
'Some co-operative banks are dominated by politicians and were reportedly being used to launder Rs 500 and Rs 1,000 notes.'
The fear of another scam pushed the government into a rather long period of so-called 'policy paralysis'. To play it safe, the price of spectrum in all subsequent auctions was benchmarked to the high 3G rates, says Surajeet Das Gupta.
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Financial Technologies (India), has made a loan of Rs 225 crore to NSEL.
As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.
Long-term investors should consider moving into smaller stocks. Rather than try to pick stocks, it makes sense to build a diversified portfolio by exposure across midcap and small caps funds, suggests Devangshu Datta.
The notice has been sent under section 108 of the Code of Criminal Procedure, asking Goswami to show reasons as to why a bond of good behaviour should not be taken from him, a police official said.
BJP president Amit Shah said on Wednesday as he attacked former PM Manmohan Singh over a string of scams that took place under his watch.
PwC one of the big four audit firms, has expressed disappointment at the conviction of two former partners in the Satyam scam.
Describing former Chief Minister Digambar Kamat as a "habitual offender involved in corrupt practices", the Goa crime branch has alleged before a court in Panaji that he "actively participated" in the conspiracy and was among the beneficiaries in Louis Berger bribery case.
The Central Bureau of Investigation had registered an FIR on May 15, 2017 alleging irregularities in the Foreign Investment Promotion Board clearance granted to the media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram's tenure as finance minister.
The Indian-American community in the New York-New Jersey-Connecticut tristate area is being targeted by telephone fraudsters.
The Supreme Court had cancelled 204 such allotments.
