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Unpaid firms, former employees sue CWG OC

Under the scanner for alleged bungling to the tune of several crores of rupees, the Commonwealth Games Organising Committee is now mired in litigation with several firms and its former employees......

Ready to face any probe, says Kalmadi

Cornered by allegations of corruption in the Commonwealth Games' preparations and isolated within his own party, under-fire Organising Committee chairman Suresh Kalmadi on Wednesday said he is......

Missing documents make CWG OC legal battle tough

The Commonwealth Games Organising Committee has found that some of the documents related to court cases filed by private companies are missing from its files. The matter came to light recently......

CWG scam: Oppn targets PM on Kalmadi's appointment

Armed with the Comptroller and Auditor General report, opposition on Tuesday targeted Prime Minister Manmohan Singh over appointment of Suresh Kalmadi as Commonwealth Games Organising Committee......

Kalmadi aide Darbari gets bail in CWG scam case

T S Darbari, a close associate of the CWG organising committee chairman Suresh Kalmadi, was granted bail by the Delhi High Court after the Central Bureau of Investigation failed to file the......

New framework to deal with banks' toxic assets soon

While they have restructured loans, there is still question mark over the success of such a work-out The Union Cabinet might within the next few weeks consider a new framework to deal with toxic......

RBI may get bigger role to clean up NPA mess

Central bank likely to keep tabs on large wilful defaulters; policy likely by month-end. The Reserve Bank of India will likely find itself at the driver’s seat in the war against bad......

NPA war: Bankers welcome new powers to RBI, but...

Question remains, what happens when the overseeing committees' members themselves are questioned by investigative agencies? With the central government giving more powers to the Reserve Bank......

CWG: IT expects to get Rs 5000-cr TDS

The Income Tax department is expecting to collect Rs 5,000 crore (Rs 50 billion) as taxes from the payments and salaries relating to award of contracts and payments made by various agencies in the......

Agencies targeting only CWG OC officials: Kalmadi

A day after the arrest of two of his close aides, sacked Commonwealth Games Organising Committeechairman Suresh Kalmadi on Thursday accused the investigating agencies of "targeting" only the......

CWG scam: Verma pleads innocence; blames Darbari

Denying any role in the alleged money trail during the Queen's Baton Relay (QBR) launch in London last year, Commonwealth GamesOrganising Committee (OC) Director General VK Verma on Thursday held......

'Oly committee warning to cancel accreditation of Goel biggest insult.'

IMAGE: Union Sports Minister Vijay Goel. Photograph: PTI. Suspended BJP MP Kirti Azad said Rio Olympics Organising Committee's warning that it will cancel the accreditation of Sport Minister......

CWG OC suspends three officials

Rocked by corruption allegations, the Commonwealth Games Organising Committee on Thursday cracked the whip on tainted officials by suspending three officials, including T S Darbari, a close aid of......

Kalmadi aide Jayachandran gets bail in CWG case

Commonwealth Games Organising Committee official M Jayachandran, arrested for alleged financial bungling in holding the Queen Baton's Relay (QBR) in London in 2009, was granted bail by the Delhi......

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