Supreme Court of India today asked the Union of India to appear and assist on two PIL petitions seeking CBI and SIT probe in the non transparent purchases of VVIP Helicopters by various State government. The order came in the PIL filed by Swaraj Abhiyan which was argued by Lawyer Prashant Bhushan. It is argued […]
63 moons technologies ltd, formerly known as Financial Technologies said it received a provisional attachment order from the Directorate of Enforcement, Mumbai, attaching mutual funds amounting to Rs 306.70 crores. The company is taking appropriate steps in consultation with the legal counsel of the company in this matter, it said. The move comes a day […]
Muthoot Finance, one of India’s leading gold loan companies, has cautioned people against paying money to so-called agents in return for loan approvals. “In a recent instance, an unidentified organisation has fraudulently attempted to lure customers/investors, through the platform of Muthoot Finance, by sending bogus loan approval letters to unsuspecting people,” the company said. To […]
With retail inflation inching up contrary to expectations of downward movement, it is time to keep to eye on onion prices which may increase further by 10-15 per cent in the rainy season, according to an ASSOCHAM paper. While onion is selling at Rs 1800-2500 per quintal in different wholesale mandis, the retail vendors are […]
Prime Minister Narendra Modi suddenly seems to be Manmohnized. His hyper active twitter handle has gone silent on the hottest controversy of the day and he has practically disappeared from the reach of camera, which he loves so much. His cabinet ministers are holding brief for him when the people want to know his “mann […]
HCL Infosystems, the India-focused arm of the HCL group, said it has been named in a charge sheet related to alleged irregularities in the award of a contract to supply computer hardware and related services under the National Rural Health Mission in 2009. The chargesheet has been filed in a special court in Ghaziabad, the […]
Sandip Sabharwal, a Mumbai-based fund manager and investment expert, has explained how unscrupulous hoarders and traders in India jack up the prices of onions. In a post on his Facebook page, Sabharwal described the exact methodology of how India’s onion cartel, that pushes up onion prices to as much as Rs 100 per KG, operates. […]
The National Spot Exchange Ltd, caught up in allegations of rigging at its cash commodities exchange, alleged that the auditor Chokshi & Chokshi, appointed by the regulator, overstepped its terms of reference while drawing up its final report. NSEL said it was yet to get a final copy of the report, which has hit media headlines […]
