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Friday, January 30, 2026
TopicSterling Biotech

Topic: Sterling Biotech

Why SC has offered to wipe slate clean for Sandesara brothers if they deposit Rs 5,100 cr by Dec 17

The accused had filed a plea to end parallel actions by CBI, ED, SFIO and IT Department in multi-crore bank fraud case against them.

How fugitive Sandesaras getting Sterling Biotech back at discount pokes holes in IBC process

In allowing the Sandesaras to regain control of the company, the NCLAT kicked off a debate on the Insolvency & Bankruptcy Code. 

ED files 5th chargesheet in Sandesara fraud but no mention of CBI No. 2 Asthana so far

Rakesh Asthana’s name appeared in the Sterling Biotech diaries seized in 2011, but it has not been mentioned in five prosecution complaints filed so far.

Paradise Papers: Parking money in tax havens biggest threat to democracy in the world

In most cases, funds were siphoned from domestic companies to offshore tax havens by over-invoicing and under-invoicing, through intermediary shell companies .

On Camera

Economic Survey 2025-26 takes global lessons seriously—and shows why Swadeshi is the way to go

The Economic Survey 2025-26 is not a celebration of success, but a measured warning that the traditional paradigms of global economic growth are no longer applicable.

Economic Survey backs skilled visas to give IT services sector a boost, green energy for data centres

The IT services sector contributed more than half of India’s Gross Value Added, serving as a major driver of exports and employment, the Economic Survey 2025-26 has found.

Indian Army ties up with US drone company that made its name in the Ukraine conflict

Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.

Non-alignment is coming back in a new avatar: Trump-peedit alliance

No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.