New Delhi, March 31 The securities regulator, Sebi, has barred Elitecon International Ltd, its promoter and managing director Vipin Sharma, and four others from accessing the securities market, alleging manipulative activities and misleading disclosures.In an interim order passed on Monday...
Pune, March 13 Nationalist Congress Party (NCP) MLA Rohit Pawar claimed that V K Singh, the owner of VSR Ventures, which operated the aircraft involved in the crash that killed former Maharashtra Deputy CM Ajit Pawar, was reportedly trying to alter the aircraft's "black box" data.He cautioned...
New Delhi, February 26 – The Supreme Court has directed Hyderabad-based industrialist Nimmagadda Prasad to deposit Rs 125 crore in cash and submit the original title deeds of a 37-acre land parcel in Telangana in a case stemming from a failed 2008 joint venture to develop ports and an airport in...
Mumbai, February 24 The RBI's Master Directions aim to identify fraudulent borrowers and unscrupulous individuals for timely action, and any violation of these directions is not subject to judicial scrutiny, the Bombay High Court has said while lifting the stay on action by three banks to...
account classification
anil ambani
bank of baroda
banking policy
bdo india llp
financial investigations
forensicaudit
fraud detection
idbi bank
indian overseas bank
master directions
public sector banks
regulatory compliance
reliance communications ltd
reserve bank of india
Mumbai, February 23 In a setback for industrialist Anil Ambani, the Bombay High Court on Monday overturned a single-judge's interim order that had stayed proceedings initiated against him and Reliance Communications Ltd for classifying their bank accounts as fraudulent.A division bench of...
account classification
accounting consultants
anil ambani
appeal
bank fraud
bank of baroda
bdo india llp
bombay high court
forensicaudit
idbi bank
indian overseas bank
interim order
legal dispute
rbi guidelines
reliance communications
Mumbai, February 22 IDFC First Bank disclosed on Sunday that its employees and others had committed a fraud of Rs 590 crore involving accounts held by the Haryana government with the private sector lender.In a regulatory filing made in the early hours, IDFC First Bank said it had informed the...
account reconciliation
bank fraud
banking regulation
chandigarh branch
current accounts
financial crime
forensicaudit
fraud
haryana government
idfc first bank
internal review
regulatory filings
savings accounts
shareholder value
suspension of employees
Thiruvananthapuram, February 17 – Congress Working Committee member and senior legislator Ramesh Chennithala intensified his criticism of the Kerala Infrastructure Investment Fund Board (KIIFB) on Tuesday, alleging that crores of rupees were being diverted under the guise of advertisements to...
advertisement expenditure
bond ratings
financial regulations
forensicaudit
government elections
interest rates
kerala infrastructure investment fund board (kiifb)
kerala state government
kiifb act
loan repayment
malayalam advertisements
political office
public sector contractors
ramesh chennithala
thiruvananthapuram
New Delhi, February 13 The Supreme Court has heard arguments in the high-stakes enforcement proceedings arising from a UAE civil judgment against Hyderabad-based industrialist Nimmagadda Prasad, and hinted that a substantial security may be needed if the judgment debtor wanted to contest the...