Reliance Group, recently, accused L&T Finance and Edelweiss Group entities of "illegal" and "motivated" actions in invoking the pledged shares of Anil Ambani group's three listed firms and selling them in open market causing a steep fall in share values.
Cox & Kings is currently going through the corporate insolvency resolution process. Around 2,500 operational creditors have submitted claims of over Rs 631 crore, 2,440 employees and workman have claimed dues of over Rs 94 crore and other creditors have submitted claims of over Rs 3 crore.
For the second straight year, the pandemic cast a long shadow on festivities with the Maharashtra government placing a slew of restrictions to avoid gathering and processions.
The Supreme Court today ordered that former Comptroller and Auditor General of India Vinod Rai will supervise special audit of property of Kerala's famous Sree Padmanabha Swamy temple, which is facing charges of financial irregularites, and constituted a new administrative committee headed by District Judge, Thiruvananthapuram.
Former Cricket Association of Bengal (CAB) treasurer Biswarup Dey has launched a fresh tirade against the Sourav Ganguly-led Cricket Association of Bengal alleging discrepancy in ticket distribution for the India-England ODI on January 22.
Retirement fund body EPFO on Monday is likely to retain 8.5 per cent interest on PF deposits for its over 5 crore subscribers in 2013-14.
The Jawahar Bhavan Trust has been reshuffled.
Former Union ministers Arjun Singh, M L Fotedar and Mohsina Kidwai have retired as trustees.
Ahmed Patel, Sonia Gandhi's political secretary, has relinquished the post of secretary to the trust; he remains a trustee.
The move can help mop up about Rs 1.2 lakh every day for the purpose.
'I am filled with hope and inspiration as I have the privilege to view this testament to Gandhi's life. He is a hero not just to India but to the world,' Obama wrote in the visitor's book.
Refuting Tat's charges about Welspun buy, Mistry said to even suggest that the Tata Sons board including the nominee directors of the Tata Trusts had not been adequately informed is contrary to the factual record
Prime Minister Narendra Modi condoled the tragic loss of lives in the fire.
The EPFO is likely to decide soon the rate of interest on PF deposits for 2013-14, which is expected to be over 8.5 per cent.
The CBT headed by Union labour minister would meet on September 4.
The steep one percentage points increase has taken the interest on PF deposits of 4.71 crore organised sector workers to a five-year high.
Since the RBI is the 'lender of the last resort', as per terms of arrangement, Yes Bank would have to exhaust immediate liquid assets before accessing this fund.
Waze's letter claimed that in January 2021, another state minister Anil Parab asked him to look into an inquiry against "fraudulent" contractors listed in the BMC and collectat least Rs 2 crore from about 50 such contractors.
The finance minister chaired a meeting through video conference with major private banks and NBFCs to ensure effective rollout of ECLGS and uninterrupted liquidity to Indian MSMEs in this difficult time.
According to the spiritual guru, all men and women could have darshan of the Shani deity from a distance of three feet without any gender discrimination.
Finance Minister Nirmala Sitharaman on Tuesday held a review meeting on credit guarantee scheme with heads of public sector banks, and asked them to expedite loan disbursement under the Rs 3-lakh crore ECLGS for MSME sector, hit hard by coronavirus-induced lockdown. The meeting on Emergency Credit Line Guarantee Scheme (ECLGS) was held through video conference, and the minister appreciated the efforts of banks in execution of the scheme.
Modi called for a new global index based on talent, technology, transparency and trusteeship towards the planet in the post-corona world.
A 5-judge Constitution Bench headed by Chief Justice Ranjan Gogoi, in its historic verdict delivered on a court holiday, held that the lawsuit of the deity was "within the period of limitation" and granted the title decree in its favour.
Bharatiya Janata Party leader Subramanian Swamy has welcomed the Somnath Temple Trust's decision to allow non-Hindus inside its premises only after permission and suggested that people from other faiths should be allowed only after they admit to great respect for Lord Shiva.
The 15 proposals were cleared following recommendations by Foreign Investment Promotion Board.
The remaining 0.35 per cent will be credited in December this year, if the EPFO is able to redeem its equity investments.
Saddened by the financial hardship being faced by the hockey community amid the COVID-19 pandemic, former India captain Viren Rasquinha has raised Rs 22 lakh to be distributed as one-time benefit among players, coaches and groundsmen working at the grassroots level. The fund has been raised in just one week through a joint initiative of non-profit organisations Olympic Gold Quest, of which Rasquinha is a Director and CEO, and Go Sports Foundation. They named the initiative #LetsStickTogether.
Under the proposed scheme, there will be tripartite agreement with member, bank/housing agency and EPFO for pledging future PF contributions as EMI payment.
The government has asked the Employees Provident Fund Organisation (EPFO) to begin parking three to five per cent of its subscribers' retirement funds in stocks for better returns -- a move that would also increase flow of funds to capital markets by up to Rs 13,000 crore (Rs 130 billion).
The high court was hearing a plea by Samyak Gangwal challenging a June 2 order of the Central Public Information Officer (CPIO), PMO, refusing to provide documents sought by him on the ground that PM CARES Fund is not a public authority under the RTI Act.
Shortly after being criticised by the Shia community for defending Mohammed Ajmal Amir Kasab, the lone gunman arrested during the terror siege on Mumbai, lawyer Abbas Kazmi has been removed as a trustee from the prestigious Islam Gymkhana on the same ground. Kazmi's appointment as a trustee of Islam Gymkhana was terminated this week on the ground that defending a terrorist was against the essence of Islam. This is the second instance where Kazmi has been criticised.
Cities, roads, stations rechristened in the time of Modi.
If the nominations are not in place, the heirs need to go through a lengthy process to get access to the money cautions Bindisha Sarang.
The lawsuits allege that KPMG LLP assisted in and certified 'materially misstated financial statements', and that KPMG's international parent failed in its watchdog role and is responsible for "the severely reckless and grossly negligent acts of its agent", the report pointed out. New Century had been US's second-biggest sub prime mortgage lender that mainly served people with poor credit histories but had to file for bankruptcy in April 2007.
Retirement fund body EPFO's trustees on February 5 will decide on amending its scheme to provide a minimum monthly pension of Rs 1,000, which will immediately benefit its 27 lakh pensioners.
According to reports, the trustees of reality TV star's estate are keen on making a movie on her second autobiography Catch A Falling Star.
Born with autism spectrum disorder, Nandhitha's signature collection was released online recently.
On the occasion of the World Environment Day, he said there is a need to reaffirm the pledge to protect environment and make the planet cleaner and greener.
The incident prompted National Commission for Women to set up an inquiry committee which will meet the students who were forced to strip. A girl alleged that the principal of the institute blackmailed and forced them to withdraw the complaint.
An advisory body of EPFO has rejected a proposal to engage private banks -- ICICI, Axis and HDFC Bank -- for collection of PF contribution from employers.
Prakash Amte, son of well-known social activist Baba Amte and his Mandakini Amte have been awarded the 2008 Ramon Magasaysau Award for community leadership.
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