CBI sources said the shell companies were allegedly being used by the suspects to divert loan funds meant for specified purposes, creating fake invoices, and 'round-tripping' of funds to evade taxes and generate black money.
In an escalation of cross-border military confrontation, 8 civilians were on Tuesday killed and 22 injured in Jammu region due to Pakistani shelling, prompting a strong retaliation by the Indian army in which two Pakistani soldiers were killed and 14 posts were destroyed.
Security forces are using drones and helicopters for surveillance of the dense forest area where terrorists are believed to be holed up since Wednesday after killing two Army officers and a deputy superintendent of police in the initial exchange of fire, the officials said.
BSF chief K K Sharma said Pakistani forces are deliberately trying to "create a flash point" to facilitate infiltration of terrorists into India and asserted that these designs will be foiled.
The Archies will start streaming on Netflix from December 7.
Indian Oil Corporation Ltd will start manufacturing fuel used in F1 racing in three months' time.
The violence broke out in the district on Thursday night as the mob barged into the government complex and torched vehicles hours after a head constable of the district police was suspended after he was seen with gunmen in a purported video, an official said.
Royal Dutch Shell has also announced that it would slash 5,000 jobs by year end, including 'hundreds' in Houston as part of a sweeping reorganisation new CEO Peter Voser said is needed to make the company more competitive.
They were found in a pond on the outskirts of the capital of Chhattisgarh.
While we are sure Dips will make a style statement at the red carpet, Namrata Thakker presents some looks we think she should definitely consider for the starry event.
Pakistani troops fired mortars, rockets and automatic weapons on border posts and civilian areas along the International Border in Jammu and Samba districts, resulting in heavy exchanges till the wee hours of the day.
Authorities in New Delhi intensified security arrangements on Tuesday to stop the farmers' march from entering Delhi as the Singhu and Tikri borders were shut while the Red Fort complex was closed temporarily after peasants on their way to the national capital clashed with the police at the Shambhu border between Haryana and Punjab.
Additional director general of police (Kashmir) Vijay Kumar said the operation was launched based on specific input and is currently underway.
A villager was injured as Pakistani Army violated the ceasefire four times overnight by pounding civilian hamlets and posts with 120 mm and 82 mm mortar bombs along the International Border and the Line of Control and LoC in Jammu and Poonch districts, drawing retaliation from the Army and BSF.
India has lodged protest with Pakistan over the ceasefire violation in Akhnoor sector in Jammu on Wednesday in which one woman was killed.
The Delhi Police directed security personnel deployed at Delhi's Tikri, Singhu and Ghazipur border points to stay alert and conducted mock drills on Tuesday, a day ahead of protesting farmer's proposed march towards the national capital.
Three babies died in the neonatal unit of Al-Shifa hospital located in northern Gaza after the hospital went 'out of service' amid continuous Israeli fire in the vicinity, CNN reported quoting the Hamas-controlled Ministry of Health on Saturday.
Senior advocate Prashant Bhushan, who appeared for the petitioners in the court, said at least 30 shell companies purchased electoral bonds worth over Rs 143 crore.
Consumers may have to shell out more to buy television panels as manufacturers say they may raise prices again in April. The industry has been facing this issue of price rise post the pandemic and open cell prices have gone up by around 30 per cent in the last one year. And, television panel manufacturers expect this trend to continue.
Stationed at mid off, Du Plessis 'flew' with his right hand stretched out to pluck it out of the air. The 39 year old timed his jump to perfection as he was 2.3 metres off the ground when he grabbed the ball.
An army jawan and a villager were injured on Friday in the firing and shelling by Pakistani troops who continued to target civilian and forward areas along the Line of Control in Poonch district of Jammu and Kashmir for the fourth consecutive day.
Indian boxers will get a final chance to book their ticket to Paris during the second World Olympic Boxing Qualifier, scheduled to be held in Bangkok from May 23 to June 3. Between 45 and 51 boxers will qualify from the Bangkok meet.
One person has been killed and seven injured after Pakistani troops pounded forward posts and civilian areas along the Line of Control in Saujian sector of Poonch district in Jammu and Kashmir with heavy shelling and firing, forcing the Army to retaliate.
Defence Minister Rajnath Singh on Sunday claimed that Prime Minister Narendra Modi has been receiving invitations for functions scheduled much after the Lok Sabha polls, which showed the 'entire world believes his return to power is inevitable'.
Experts said the outcome isn't surprising as the action initiated by Sebi was not after an investigation or findings.
Clad in a yellow kurta with a saffron gamcha around his neck, atop an open saffron coloured vehicle, he was greeted by loud chants of "Modi! Modi! Modi Zindabad! 400 Paar Is Baar" all along the roadshow's route.
Border Security Force Director General D K Pathak is rushing to border areas along the International Border in Jammu and Kashmir in the wake of heavy shelling from Pakistan that left a trooper dead on Monday and caused damage to civilian infrastructure.
Pakistani forces resorted to intermittent firing of mortar shells in Jhangarh area of Nowshera sector in Rajouri district for 45 minutes from 0640 hours, defence spokesman Lt Col S D Goswami told PTI in Jammu.
Regulators find it difficult to track down illicit transactions with no limit on the number of subsidiaries.
"Remember, the IT Department and the ED implement the Pradhan Mantri Hafta Vasuli Yojana. The State Bank of India implements the #ElectoralBondScam. And at the end of the day, all of these institutions report to the same person: the Finance Minister," Ramesh alleged.
The raids resulted in recovery of documents of some dummy firms linked to Mallya like Gold Reef Investments Ltd and McDowell Holdings Ltd.
A woman was killed and five persons were injured on Sunday as Pakistani troops intensified shelling on border posts and civilian area in Poonch and Rajouri in continued ceasefire violations that have claimed six lives in two days, drawing strong protest from India.
Transfer pricing tax orders of Income Tax against Shell and Vodafone pertain to alleged undervaluation of shares issued by their domestic subsidiaries to the parent companies abroad.
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