The Supreme Court on Thursday directed that former Unitech promoters Sanjay Chandra and Ajay Chandra be shifted from Tihar Jail in Delhi to Mumbai's Arthur Road Jail and Taloja prison in Maharashtra after the ED said they were conducting business from the premises in connivance with the staff.
The FIR by the Bihar police says Rs 15 crore was siphoned off from Sushant's account.' 'During the probe, we found he had Rs 18 crore in his account of which around Rs 4.5 crore are still there.'
A senior CBI official said Adani group is alleged to have 'over-invoiced' its loans to the tune of Rs 2,300 crore (Rs 23 billion) between 2011 and 2013.
The ED has attached properties worth Rs 4,109 crore spread across various states in a money-laundering case linked to an alleged ponzi scheme, the agency said on Thursday. The case pertains to the Agri Gold Group of Companies. Three promoters of the group were arrested by the central agency on Tuesday.
She will give a tough fight to the Congress there, he said.
The Congress MP from Sivaganga also slammed the All India Anna Dravida Munnetra Kazhagam-Bharatiya Janata Party alliance and said the people of Tamil Nadu do not want a government which has any "stain, scent or shadow" of the BJP as its 'Hindi-Hindutva' agenda "irritates" them.
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
From Ranbaxy to Religare, Aashish Aryan takes you through a maze of legal cases involving Malvinder Mohan Singh and his younger brother Shivinder Mohan Singh. Both are in police custody following a complaint of fund siphoning.
They were arrested with the 'cooperation of district authorities of Satara on the strength of Non-bailable Warrant of Arrest issued by the Court of Special Judge, CBI Cases, City Sessions Court, Mumbai', CBI spokesperson R K Gaur said in New Delhi.
In her complaint sent to the Bandra police in Mumbai on Sunday, Chakraborty sought that Priyanka Singh and Dr Tarun Kumar, working with Ram Manohar Lohia Hospital in Delhi, be booked under relevant sections of the Indian Penal Code for forgery, the Narcotics Drugs and Psychotropic Substances (NDPS) Act and the Telemedicine Practice Guidelines.
The three promoters - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - had diverted Rs 1,500-1,600 crore through bogus methods like loans and advances between group firms at inflated rates.
The ED case follows the police complaint for alleged criminal conspiracy and defrauding investors.
All 28 members of the US women's squad sued the governing body for soccer in the United States, alleging gender discrimination
'One cannot avoid speculating whether there was something else at play that led to the uncovering of this saga.'
The Dominica high court on Wednesday ordered that diamantaire Mehul Choksi be produced before a magistrate there to answer charges of his illegal entry into the Caribbean island country, local media reported. Dominica high court Judge Bernie Stephenson issued the orders after nearly three hours of hearing on a habeas corpus petition filed on behalf of Choksi who had claimed that he was abducted from neighbouring Antigua and Barbuda and forcefully brought to the Caribbean Island nation. She adjourned the habeas corpus matter till Thursday, Dominica News Online reported.
Adani group is in talks to acquire a 50.5 per cent stake held by GVK Group in Mumbai International Airport (MIAL) and another 23.5 per cent of minority partners, Airports Company South Africa (ACSA), and Bidvest Group, two sources with knowledge of the matter said.
Schemes among the six wound up by the fund house had given a loan of Rs 518 crore against non-convertible debentures to the firm in March 2019, according to ED's chargesheet.
Sushant Singh Rajput's sister Shweta Singh Kirti posted a cryptic quote on her social media platforms saying people should think about the consequences before messing up with someone.
In his statement to the Enforcement Directorate, Dhoot conceded that Rs 64 crore had been transferred to Deepak Kochhar's NuPower Renewables through a web of entities to allegedly acquire wind farm properties.
The IEO, which has been entrusted to assess public programmes, has found that 57 per cent of the subsidised foodgrains distributed in Delhi, do not reach the target group with close to 36 per cent siphoned off the supply chain.
Other than Kapoor, the complaint, running into more than 10,000 pages, named his wife, Bindu; three daughters Rakhee, Roshini, and Radha; and three firms, Morgan Credits, RAB Enterprises, and Doit Urban Ventures, allegedly controlled by them.
The probe agency has found that the company's vast network of sales agents across the globe was not independent of Jet Airways and several of these entities were linked to its founder, Naresh Goyal.
CBI has alleged that Rana Kapoor entered into a criminal conspiracy with Kapil Wadhawan, DHFL director-promoter for round-tripping of funds where loans from Yes Bank to DHFL landed in companies owned by Kapoor's daughters, DoIT Urban Ventures.
Several brokers used shares of dormant or inactive clients to provide margins for other more active clients. This prompted Sebi to rework its entire system of pledging.
'No action will be taken against Ajit Pawar. I am sure.'
Officials said Gaurav Arya, who runs a hotel in the coastal state, has been asked to depose before the central probe agency at its office in the Ballard Estate area of Mumbai on August 31.
'It could take at least a couple of years for his case to go through the entire run of the British judiciary.'
The Biden administration should expect continuity in Iran's policies under Raisi. This may not necessarily mean that strengthening of ties with the West will be Raisi's top priority, observes Ambassador M K Bhadrakumar.
With the Opposition targeting the government on alleged irregularities in the farm loan waiver scheme, Prime Minister Manmohan Singh on Wednesday promised "stringent possible action" against defaulters, if any.
The United Kingdom's home department has cleared the extradition of fugitive diamantaire Nirav Modi, who is wanted in an over Rs 13,000-crore bank fraud case, officials said on Friday.
Olympic champion Andy Murray is demanding more blood testing in tennis to avoid the kind of damaging doping scandals that continue to plague cycling.
The most wanted man of Bengal, Sudipta Sen, along with his close aide Debjani Mukherjee, their driver Rajeeb and another Saradha group official were apprehended from Kashmir's Sonemarg on Tuesday.
THe compnay is under pressure from Wall Street to find new sources of revenue and profit.
Real estate development on Mumbai airport land and the work on Navi Mumbai airport have been inordinately delayed, which have prompted rating downgrades and raised questions on its financial capabilities. It is also trying to stave off Adani group's entry as a shareholder in the Mumbai airport project.
Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.
Amid protests by Arvind Kejriwal, Law Minister Salman Khurshid on Sunday returned to the capital from abroad and said he will fight back the allegations that his Non-Governmental Organisation siphoned off money meant for disabled with sufficient proof.
'The structure of the team needs to change. It is very hard to play with two seamers. We definitely need to find a third seamer who can bat. There's Saifuddin but he is struggling with injuries.'
After confiscating properties of corrupt officials, Bihar government has now confiscated properties of two middlemen who indulged in misappropriation of government funds, officials on Monday said.
A book reveals that independent India's first scam may have taken place as early as 1947 the year our country won a freedom it had fought hard for.
Law Minister Salman Khurshid has threatened to initiate legal action against Arvind Kejriwal and Hindi TV channel Aaj Tak for alleging that an NGO headed by him siphoned off Rs 71 lakh meant for physically challenged people in Uttar Pradesh.
