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CBI unearths 339 shell companies used to divert Rs 2,900 crore

The Central Bureau of Investigation has unearthed multiple complex webs involving 339 shell companies used for allegedly diverting funds unscrupulously to the tune of Rs 2,900 crore as part of its......

Mehul Choksi, Vijay Mallya in Rs 68,607 cr loan writeoff list: RBI

Banks have "technically" written off a whopping Rs 68,607 crore in outstanding loans of top 50 wilful defaulters, including of firms belonging to fugitive economic offenders Mehul Choksi and Vijay......

6-person core group manipulated accounts at PMC Bank

Only when the RBI inspection started on September 19 did they realise that their game was up and one of them had sent a letter to the central bank, leading to the RBI crackdown, report Anup Roy and......

The dark side to 100% electrification of India

India has achieved 100 per cent electrical connectivity, but 100 per cent electrification remains a long-drawn task, says Shreya Jai. Photograph: Vasily Fedosenko/Reuters The first time since......

A 'success' story that's mostly on paper

NDA’s energy plan powered UP win, but it’s not a winner yet. Centre has claimed to have saved money by targeted coverage but critics say the system is not yet foolproof. Many called it......

Day 9: Aaj ki Taaza Khabar

I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation. IMAGE: A man gets his finger inked as he exchanges his old notes in Mumbai. Photograph: Sahil......

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