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Saradha group cos will face prosecution ...

Saradha group cos will face prosecution for violation of several laws: SFIO

Completing its probe into the ‘chit fund scam’ of 14 Saradha group firms, the Serious Fraud Investigation Office today said that these companies have been found to be running ‘ponzi schemes’ and would face prosecution for violation of several laws. The investigation concluded that the group... read more »

Hong Kong Protesters March as Leader Urg...

Hong Kong Protesters March as Leader Urges ‘Good Sense’

Pro-democracy activists staged a march yesterday demanding broader rights for Hong Kong’s first leadership election in 2017, defying a call by the city’s top official to back China on electoral reforms. Demonstrators rallied against plans by China to vet candidates for the election, and... read more »

40 countries offer to contribute to inte...

40 countries offer to contribute to international coalition against IS

US Secretary of State John Kerry has said nearly 40 countries have offered to contribute to an international coalition to fight Islamic State militants in Iraq and Syria. Mr Kerry said he was not asking any ally to commit troops. Speaking ahead of a conference in Paris today, Mr Kerry said several... read more »

CBI chief expresses regret for 'rape' remark, NCW says its meaningless
Reveal name of whistleblower in CBI chie...

Reveal name of whistleblower in CBI chief case: Supreme Court tells Prashan...

The Supreme Court on Monday asked lawyer-activist Prashant Bhushan to reveal the source of his information on the guest list at CBI chief Ranjit Sinha’s residence. The apex court asked Bhushan to give the name of the whistleblower in a sealed envelope and directed its registry to keep all... read more »

High gold imports poop exports party biz

The yellow metal is back to haunt the economy with gold imports in June jumping 65.13 per cent to $ 3.12 billion from $1.88 billion in the same month last year, which in turn pushed the... read more »

Tata fund buys stake in Shriram Properties for 468 crore

MUMBAI – Tata Opportunities Fund, the private equity fund of Tata Capital Ltd, has picked up Shriram Group’s stake in Shriram Properties for 468 crore. M Murali, Managing Director... read more »

Satyam fraud: Sebi penalty on Rajus is Rs 3,000 cr and counting but who will pay?

On 7 January 2009, B Ramalinga Raju told the stock exchanges and market regulator Sebi that he had overstated cash and bank balances by Rs 5,040 crore as on 30 September 2008, shown... read more »

Bajaj Auto profit rises marginally in Q1

Mumbai: Bajaj Auto Ltd on Thursday said its net profit in the April-June quarter rose marginally by 0.31% to Rs.739.98 crore from Rs.737.68 crore in the corresponding period of 2013. Net... read more »

We owe Snowden and he should not face trial: UN human rights chie...

The United Nations’ High Commissioner for Human Rights, Navi Pillay, has come out in support of Edward Snowden and spoken against the United States government’s efforts to prosecute him. Saying... read more »