According to ED sources Sunil Mehta said the fraud took place due to "systemic failure" and "procedural lapses", owing to lack of interface or proper links between the core banking software and the SWIFT interbank messaging system.
Satisfied that the CBI was making all efforts to probe the mid-1980s contract to buy 31 Airbus-A320 planes for the Indian Airlines, the Delhi High Court on Monday disposed of a petition seeking investigation into the deal worth Rs 2,400 crore.
People visit riverbanks during the festival to pay obeisance to the sun god at dawn as well as dusk, preferably just prior to the sunrise and sunset.
The report contains names of entities eligible for bank licences. It was not immediately known how many applicants have been shortlisted by the high-level advisory panel.
The department of revenue in a notification on Wednesday said anti-dumping duty is being imposed for six months on the import of wire road of alloy or non-alloy steel from China.
The hits and misses of the week.
She reportedly informed the board that she is not well and unable to appear for the re-exam.
The hits and misses of the week.
Rookie Manisha outclasses two-time bronze medallist Christina Cruz
Prime Minister Manmohan Singh and UPA Chairperson Sonia Gandhi will inaugurate country's first all-women Bharatiya Mahila Bank in Mumbai on November 19, the birth anniversary of former Prime Minister Indira Gandhi.
The Board of Control for Cricket in India's four-member working group, formed to study the Justice Lodha panel's verdict relating to the spot-fixing scandal in the sixth edition of the Indian Premier League in 2013, on Monday met for the first time to discuss the way forward for the cash-rich league's next edition and said the sponsors are fully behind the Board.
Ten people including three police commandos were killed on Thursday in two separate attacks by Maoists in Maharashtra and Bihar. The three commandos, who were jawans of C-60 Commando Force, lost their lives in a landmine blast triggered by Maoists in a forest area in Gadchiroli on Maharashtra border adjoining Chhattisgarh in the first major attack in the area in several months, local police control room sources said.
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