"ED seizes FEMA, agricultural lands, plots, houses in Tamil Nadu, balances in bank accounts and shares totaling to Rs.89.19 crore held by S Jagathrakshakan, Member of Lok Sabha, and his family members for illegally acquired, held and transferred security in a Singapore-based company," the central agency tweeted on September 12. … [Read more...] about ED seizes DMK MP S Jagathrakshakan’s properties worth Rs 89 crore
The penalty was imposed in an order in August by Sushil Kumar, Special Director, ED who said, “senior officials at Standard Chartered saw an investment in TMB shares as an opportunity that might ripen into an eventually larger ownership for the bank … also acted as a custodian for shares on the deal.” … [Read more...] about Standard Chartered fined Rs 100 crore for violating forex rules during Tamilnad Mercantile Bank takeover bid
A further extradition request was made in February this year, certified by UK Home Secretary Priti Patel, of two additional offences relating to allegations that Modi interfered with the CBI investigation by causing the disappearance of evidence and intimidating a witness. The must establish a prima facie case against Modi to allow the judge to rule that he has a case to answer before the Indian courts. … [Read more...] about Nirav Modi extradition case: UK court given fresh video tour of Mumbai’s Arthur Road Jail
Online learning platform Coursera will allow its employees to opt for remote working till January 1, 2022. Additionally, employees will also receive $1,000 (Rs 73,500 approximately) or the local equivalent in the UK, India, Canada, Bulgaria, and the UAE to create a productive home environment. … [Read more...] about Coursera to allow remote working till January 2022, offers $1,000 allowance for ‘office setup’
That signature in 2012 cost Chanda Kochhar everything she held dear. Blown to smithereens was an A-list reputation as an ace banker — something she had painstakingly built over three decades of hard work. Jeopardised were the prospects of a gracious exit from ICICI Bank, one of India’s largest. Torn asunder were chances of a lucrative career thereafter. … [Read more...] about ICICI-Videocon case: Deepak Kochhar arrested. Is Chanda Kochhar next?