The United States Securities and Exchange Commission, the federal agency to regulate the securities industry in that country, has sought India's permission to probe the multi-million dollar Satyam fraud case.
'I was shocked by the kidnapping episode. I could have lost my life.'
A federal jury on Monday convicted Susan Xiao-Ping Su, the founder of California-based Tri Valley University.
The Reserve Bank of India (RBI) said directions have been issued in the wake of a rise in the number of cheque-related fraud cases.
The summons was issued to Mallya under provisions of the Prevention of Money Laundering Act in connection with the IDBI case.
In a relief to liquor baron Vijay Mallya, the high court in London has deferred hearings on a plea by the SBI-led consortium of Indian banks, seeking the indebted tycoon to be declared bankrupt to enable them recover a loan of around 1.145 billion pounds from him. Justice Michael Briggs of the insolvency division of the high court granted relief to Mallya, ruling that he should be given time till his petitions to the Supreme Court of India and his settlement proposal before the Karnataka high court be determined, allowing him time to repay his debts to the banks in full.
"He is expected to be produced before the court for a second bail application hearing on March 29," a court official in London confirmed on Tuesday.
Modi also reiterated that he cannot return to India due to safety concerns and also because his case has been politicised.
A Kolkata sub-divisional magistrate's court on Thursday sent Ponzi king Sudipto Sen and two other accused to police custody for 14 days over their role in the Saradha chit fund scam. Media reports said the bail pleas of the three swindlers had been rejected and that they were charged for fraud and criminal breach of trust under Sections 406 and 420 of the Indian Penal Code.
'With Universal Mail-In Voting (not Absentee Voting, which is good), 2020 will be the most INACCURATE & FRAUDULENT Election in history,' Trump tweeted on Thursday, just 96 days before the election. 'It will be a great embarrassment to the USA. Delay the Election until people can properly, securely and safely vote???' Trump said in his tweet, which was immediately condemned by the opposition Democratic party leaders.
'To those who wreaked havoc in our Capitol today, You did not win. Violence never wins. Freedom wins. And this is still the people's house.'
