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.
He was the bridge connecting the era of legendary actors like Bachchan and Khanna in the 70s, Govinda and Salman Khan in the 90s, and even later, in films like Malamaal Weekly and Dhamaal.
Institute of Chartered Accountants of India president Charanjot Singh Nanda, a stakeholder in govt's plans to promote home-grown consulting firms, speaks on what is holding back domestic firms.
After initially showing interest in supplying the long-range missile to Ukraine, Trump appeared hesitant following his meeting with Zelenskyy, a day after his phone call with Putin.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
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