The order said the NGO has transferred an amount of Rs 2.46 lakh from its foreign contribution designated account to Sabrang Trust domestic account, thus mixing of domestic and foreign funds and violating the rules.
The FMCG index gained more than 1% on the back of stellar gains in ITC.
The CBI has shared its findings with the Enforcement Directorate.
Such classfication brings with a high cost, including closing of formal credit channels, and likely criminal proceedings.
Despite high exposure of public sector banks to power, iron and steel sectors, analysts remain in a wait-and-watch mode.
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
'Jaitley should get the GST and multi- brand retail bills passed to achieve 9%+ growth.'
Banks want lower provisioning burden on recast debt, interest on cash reserve ratio deposits.
The home ministry said exercising the powers conferred under Foreign Contribution (Regulation) Act, the registration of Sabrang Trust has been suspended for a period of 180 days with effect from September 10, 2015.
Earlier, PE firms such as Goldman Sachs and Indigo Partners had evinced interest in the Indian aviation market.
Banks to be permitted to raise long-term funds for lending to infrastructure sector with minimum regulatory pre-emption such as CRR, SLR and Priority Sector Lending.
The Bank of Japan's action has nullified the effects of the end of the US' quantitative easing programme but the dependence of foreign institutional investors remains a concern
Sensex, Nifty end the day in red on unfavourable cues from global markets.
A $28,500 deposit was made to the account of slain gunman Syed Farook, a media report has said.
On Tuesday, Finance Minister P Chidambaram had more than adequately made clear that the government would be allocating Rs 14,000 crore through Budget, the Financial Services Secretary said.
Banks cannot shirk their responsibility in cases of frauds.
The Reserve Bank of India unexpectedly raised its policy interest rate on Tuesday by 25 basis points (bps) but said that if consumer price inflation eases as projected, it does not foresee further near-term tightening.
Sensex eneded 374 points higher on rate cut expectation from the RBI.
If you have plans to buy a new home in 2015, there's good news for you
CEOs of leading banks say third straight rate hike by RBI inevitable, though not desirable.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
The 30-share Sensex ended down 71 points at 26,710 and the 50-share Nifty lost 38 points to close at 8,030.
Ajay Singh is trying hard to turnaround SpiceJet.
The 30-share Sensex closed up 34 points at 27,831 and the 50-share Nifty ended up 15 points at 8,356.
In the broader market, BSE midcap and BSE smallcap indices underperformed the larger counterparts and ended flat with a negative bias.
Tata Steel, SBI, L&T and Sun Pharma advanced 2-5% each.
Ten trade unions to go on strike to protest against changes in labour laws
Jayapur, with a population of a little over 4,200, was like most other villages before Prime Minister Narendra Modi adopted it on November 7.
SBI remains a favourite of most brokerages in the PSB segment.
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With new private banks in the play, the going could become more difficult for the old-school state-run banks, already losing business and market position, forcing them to think hard towards consolidating and forming larger entities to garner big-ticket deals.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared
Fund transfer through Facebook is meant for tech-savvy customers.
Jayapur, adopted by the prime minister, is reaping the benefits of his endorsement, causing resentment in villages nearby, says Manavi Kapur.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
'I've seen the craze for English education even among the poorest. But that is only for their sons. Parents feel thrilled when they see their sons going to school wearing a tie. They don't mind paying for their sons' private tuitions too.' 'But daughters are sent to municipal schools, madarsas, small schools where teachers with no teaching skills are paid Rs 2,000 or Rs 4,000. That's why more girls come to my class.' Syed Feroze Ashraf, who has sent 500-odd girls (and a few boys) -- all first generation learners, children of grave-diggers, hawkers, rickshaw-drivers, tailors and watchmen -- to college, speaks to Jyoti Punwani. A Rediff.com Special.
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