Madhya Pradesh Congress MLA Rajendra Bharti has been disqualified from the state legislative assembly after being convicted in a bank fraud case involving the tampering of bank records to secure illegal interest payments.
A Delhi court has convicted Congress MLA Rajendra Bharti and a former bank employee in a case involving cheating and forgery of bank records to illegally obtain interest payments.
The Kochi-Muziris Biennale, a prominent art event, is embroiled in controversy as co-founder Bose Krishnamachari faces sexual harassment allegations, prompting his resignation and raising concerns about the event's future.
The government is closely watching the fast-paced developments at the salt-to-semiconductor conglomerate.
The 'Malhar' nomenclature of a platform announced by Maharashtra minister Nitesh Rane for certifying mutton shops exclusively operated by Hindu community members has divided trustees of the famous Malhari Martand temple. One trustee has demanded a name change as the deity is "vegetarian" and loves animals, while another trustee supports the use of 'Malhar'. The certification program aims to certify 'jhatka' mutton shops, which are 100% operated by Hindus.
The Supreme Court has ordered a 75-year-old monk to vacate a portion of the Babulnath Temple in Mumbai, upholding a Bombay High Court order after a decades-long dispute.
NCP (SP) chief Sharad Pawar was admitted to a private hospital in Pune after experiencing cough and breathing difficulties. Doctors are evaluating his condition.
The Lilavati Kirtilal Mehta Medical Trust (LKMMT), which runs Mumbai's Lilavati Hospital, has accused its former trustees and related individuals of misappropriating over Rs 1,500 crore. The trust has filed complaints with the Enforcement Directorate (ED) and the Bandra Police Station, alleging that the misappropriation, uncovered during a forensic audit, has impacted the trust's operations and healthcare services. The trust has also claimed that black magic was performed in the hospital premises by former trustees and related individuals. The Bandra Magistrate Court has ordered an inquiry against these individuals. The current trustees have identified large-scale irregularities in the hospital management body's affairs and appointed forensic auditors who found that over Rs 1,500 crore has been siphoned and misappropriated by the former trustees. The Mumbai police's Economic Offences Wing (EOW) has initiated a probe into an alleged cheating case of Rs 85 crore registered against three former trustees of the hospital.
Trade deals ease risks for Indian equities, but weak demand and stretched valuations raise questions over whether optimism -- especially in smallcaps -- can turn into a sustained bull run, points out Debashis Basu.
It said that when a retiree, who withdraws amounts in the range of Rs 10,000 or Rs 20,000, suddenly withdraws huge amounts, then the bank should issue an alert.
The Supreme Court has expressed serious concerns about the rise in digital fraud, particularly digital arrest scams, and has directed the central government to develop a standard operating procedure to combat these crimes.
Sunetra Pawar, wife of the late Ajit Pawar, has been appointed as the first woman Deputy Chief Minister of Maharashtra, marking a new chapter for the NCP and presenting her with the challenge of leading the party.
Tata Trusts has unanimously reappointed Venu Srinivasan as a trustee for life, and all eyes are now on the upcoming decision regarding Mehli Mistry's renewal, amid reported internal divisions within the organisation. The reappointment of Srinivasan this week, ahead of his term expiring on October 23, comes amid reports of a vertical split within Tata Trusts - with one faction said to align with Noel Tata, who took over as chairman following Ratan Tata's death, and the other comprising those seen as loyalists of the former doyen.
As the business head of Trent Hypermarket, Neville ensures that customers receive high-quality products that adhere to Tata standards.
The 40-year-okd has strong familial ties and cultural connection to India, often visiting Kolkata and enjoying Indian food.
After months of discord, the Tata Trusts appear to be moving towards reconciliation, with recent reappointments and open exchanges signalling a return to cooperative governance.
The Enforcement Directorate on Tuesday launched searches against the Al Falah University of Faridabad and its promoters and linked persons as part of its investigation related to the Red Fort area terrorist blast case, sources said.
Tata Trusts, which exerts decisive influence over India's most valuable conglomerate through its about 66 per cent stake of Tata Sons, finds itself in the midst of infighting among its trustees over board appointment and governance issues.
In the fourth such instance, Tamil Nadu Governor R N Ravi on Tuesday walked out of the state assembly without reading his customary address after alleging that the national anthem was insulted, evoking a sharp response from Chief Minister M K Stalin, who dubbed his action as an 'insult' to the House and the people of the state.
India has managed high government debt-to-GDP, a slowing domestic revenue engine, lower household savings and a more hostile geopolitical environment separately in the past. But together, they threaten to undo the growth narrative on which today's optimism rests, warns Debashis Basu.
The government has infused over Rs 3,100 crore into women-led startups over the past six years, through its three schemes including the Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS), and Credit Guarantee Scheme for Startups (CGSS) to boost female entrepreneurship across the country, according to an update shared by the Ministry of Commerce and Industry.
Lalit Modi posted a social media video from Vijay Mallya's 70th birthday party in London, referring to the pair as the 'two biggest fugitives' of India.
Top honchos of the Tata group, including Tata Trusts Chairman Noel Tata and Tata Sons Chairman N Chandrasekaran, on Tuesday met Union Home Minister Amit Shah and Finance Minister Nirmala Sitharaman amid infighting among trustees over board appointments and governance issues.
The BJP has accused Rahul Gandhi of meeting with 'enemies of India' during a visit to Germany, alleging a conspiracy against the country.
Mehli Mistry is backed by three other trustees -- Pramit Jhaveri, Darius Khambata and Jehangir HC Jehangir -- against Tata Trusts Chairman Noel Tata and the two vice-chairmen, Venu Srinivasan and Vijay Singh.
The Kerala high court has set aside crucial stages of the land acquisition process for the proposed Sabarimala greenfield airport, holding that the state failed to properly assess the minimum land actually required for the project.
A quiet but consequential power struggle has erupted within the storied 156-year-old Tata Trusts just a year after the death of group patriarch Ratan Tata on October 9, 2024.
State debt is rising because revenues are disappointingly weak. Ten states have debt ratios exceeding 30 per cent. In 2023-2024, states were borrowing simply to meet day-to-day expenses, points out Debashis Basu.
There are vexing questions around the disconnect between Nifty returns and portfolio returns, between economic growth and earnings growth, and finally, between earnings growth and market returns, points out Debashis Basu.
Tata Sons, now debt-free, has asked the RBI to drop its 'upper-layer NBFC' tag and allow it to stay private.
SP Group chairman Shapoorji Pallonji Mistry on Friday reiterated calls for public listing of Tata Sons to bring transparency, amid infighting among trustees of Tata Trusts which controls a 66 per cent stake in the holding company of the salt-to-software conglomerate. Shapoorji Pallonji family is the single largest minority shareholder with about 18.37 per cent in Tata Sons.
'Judges have transmitted a terrible message to citizens across the nation. All right-thinking individuals will be disturbed by what the Delhi high court judges have done.'
West Bengal's ruling Trinamool Congress on Thursday suspended its Bharatpur MLA Humayun Kabir, who had triggered a storm with the proposal to build 'Babri Masjid' in Murshidabad district.
The Enforcement Directorate (ED) has arrested Jawad Ahmed Siddiqui, chairperson of the Al Falah group, on money laundering charges. The ED alleges that Siddiqui generated Rs 415 crore dishonestly from students of educational institutions run by his Trust.
The FBI is offering a reward for information about an Indian national wanted in connection with the 2017 murder of an Indian woman and her son in New Jersey. US authorities are urging India to extradite the suspect, Nazeer Hameed.
The Enforcement Directorate (ED) has secured a 13-day custodial remand for Jawad Ahmed Siddiqui, chairperson of the Al Falah group, accused of generating over Rs 415 crore dishonestly from students. The ED claims Siddiqui has incentives to flee India as his family is settled in the Gulf.
The government on Wednesday approved two schemes worth Rs 45,000 crore to help exporters tide over the impact of high tariffs imposed by the US on Indian shipments.
An Indian-origin couple currently serving jail terms in Australia for enslaving a woman for eight years has been slapped with a fresh penalty and ordered to forfeit the proceeds from the sale of their home, police said.
EPF nominations decide inheritance -- here's what happens if you don't file.
I have been living here for 61 years and have never, ever heard of such an incident. The local community are getting seriously concerned because this is the second (racially aggravated) attack in the West Midlands
