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Delhi High Court | Commons

Delhi High Court says serious cases cannot be quashed with settlements between parties

The Delhi High Court issued guidelines to criminal courts and mediation centres for dealing with cases of rape and economic fraud.
IL&FS building in Mumbai | Abhijit Bhatlekar/Bloomberg News

IL&FS CEO Ramesh Bawa arrested by India’s serious fraud unit for financial irregularities

CEO Ramesh Bawa was arrested in connection to ongoing investigations of irregularities across IL&FS entities, after the SC refused bail.
File photo of Rajat Gupta, former Goldman Sachs Inc. director and former senior partner at McKinsey & Co. | Peter Foley/Bloomberg

Indian CEOs and rich IITians are giving Rajat Gupta a second chance

IIT grad who was friends with Bill Clinton is now treading the road to redemption.
Uday Kotak

Modi govt vows to ensure IL&FS won’t default again

The dramatic move to take control of IL&FS underscores Modi govt's concern that more defaults may spread to other lenders.

Bhushan Steel’s former promoter arrested for siphoning over Rs 2,000 crore

Serious Fraud Investigation Office (SFIO) arrested Neeraj Singal in the national capital and sent him to judicial custody until 14 August.
IREO

Two hedge funds accuse real-estate developer IREO of $1.5 billion fraud

Investors allege IREO MD created a web of shadow firms to siphon money from the fund.
Vijay Mallya

UK court says evidence against Mallya admissible, next hearing on July 11

The trial, which opened at the London court last year, is aimed at laying out a prima facie case of fraud against Mallya, who has been in the UK since he left India in 2016.
Dr Rajneesh Arora, ex-VC, PTU giving a speech on YouTube

The IIT graduate and RSS man who is now in the middle of Punjab’s latest financial fraud

Rajneesh Arora belongs to a family of teachers in Amritsar with close links to the RSS. He himself rose to state vice-president of the Sangh.
Union Minister for Finance Arun Jaitley addressing a function organised by the Enforcement Directorate.

Soon, ED could raid & attach properties for fraud

Sections 447 & 448 of the Companies Act are set to be included as scheduled offences under PMLA, giving ED the power to recover ‘fraud’ money.
Chhattisgarh addl chief secy and OSD acquired forex via fraud, claims ED

Chhattisgarh officers bought forex through impersonation and fraud, says ED probe

Additional chief secretary M.K. Raut and OSD P.K. Janawade allegedly acquired $23,380 in the name of 23 persons most of whom didn't even travel with them.

On Camera

PM Narendra Modi | Suraj Singh Bisht/ThePrint

4 reasons why Modi remains in the hunt for a second term

Without these 4 factors, Modi & BJP’s fortunes would have been sunk by govt's dismal performance on the economy, jobs & reckless steps like demonetisation.
GoT

Did the last season of Game of Thrones let down its legions of fans?

Many Game of Thrones fans across the world have demanded a remake of the 8th season of Game of Thrones saying the script didn’t match their expectations.

Defence

After 10-year wait, defence ministry to grant ex-servicemen status to military nurses

Military nurses had been seeking to be treated at par with other military officers, including doctors.
Illustration: Soham Sen | ThePrint

If Pragya Thakur wins this Thursday, Modi is in for an embarrassing 5 years

Never has one constituency had such a bearing on Indian nationalism and the pretence of a Gandhian polity. So what if PM Modi doesn’t forgive her in his heart?