FIR is based on a complaint by SBI, which had flagged the account of Reliance Communications as fraudulent. The bank has an exposure of around Rs 3,000 cr in the firm.
The decision set aside NCLAT order for transfer of the cash-strapped airline’s ownership to Jalan Kalrock Consortium despite it failing to abide by the resolution plan.
Karnataka govt feels it was 'forced' to close accounts with SBI & PNB after both public sector banks took 'dry stand' over request to return money entangled in fraud, it is learnt.
Published by HarperCollins India, ‘The Scam That Shook a Nation: The Nagarwala Scandal’ will be released on 8 July on SoftCover, ThePrint’s online venue to launch non-fiction books.
ECI made electoral bonds data public Thursday evening on orders of SC which struck down the scheme, introduced in 2017 to “cleanse the political funding”, as “illegal”.
SBI files affidavit saying it has furnished all details of electoral bonds to EC as ordered by SC. Top court had scrapped 7-year-old electoral funding scheme on 15 February.
The plea stated that due to stringent measures taken to ensure donors' anonymity, 'decoding' the electoral bonds and matching donors to the donations made would be a complex process.
Report released by State Bank of India Monday shows that those at the bottom of India’s tax slabs have seen incomes grow, while the share of 'ultra-rich' in total income has fallen.
The government will provide 90% of the money for the fund, and other asset managers would contribute the rest, SBI Mutual Fund deputy managing director said.
In May 1974, RSS chief Madhukar Dattatraya Deoras spoke at a lecture series in Pune about caste-based discrimination and social equality within the Hindu fold.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
While the IAF remains committed to the Tejas programme and has placed orders for 180 Tejas Mk1A, the force is eagerly waiting for the Tejas Mk 2 version.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
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