The Central Bureau of Investigation has filed an FIR against Maharashtra MLA and sugar baron Ratnakar Gutte and Gangakhed Sugar and Energy Limited for an alleged bank fraud of Rs 409.26 crore,......
Lalit Modi has received 16 showcause notices from the Enforcement Directorate for alleged violations of the Foreign Exchange Management Act. Of these, 15 were issued under the United Progressive......
There seems to be no respite for the Sathya Sai Central Trust. The Andhra Pradesh on Monday issued a notice to the trust and its members seeing details of all financial transaction. The notice......
Giving a completely new dimension to the entire controversy that dogged the temple town of Puttaparthi, Ratnakar -- a trustee in the Sri Satya Sai Central Trust and Sai Baba's nephew -- has said......
Trustees of the Shri Satya Sai Central Trust have expressed their willingness to appear before the police for investigation into the case of missing cashfrom the Puttaparthi ashram. \\nTrustees R......
Diversified business conglomerate Mahindra and Mahindra (M&M) has picked up a 3.53 per cent stake in private sector lender RBL Bank for Rs. 417 crore. Photograph: Mahipal Soni/Rediff.com......
RBL Bank is no Yes Bank. It's not fraught with fraud. It's a story of limitless ambition and greed for growth under a leader who doesn't want to give up, explains Tamal Bandyopadhyay. IMAGE:......
Business is down to such an extent that last year these firms could not even meet RBI’s capital norm of Rs 50 million for partnerships and Rs 100 million for public and private firms in this......
Today, they can’t meet even the piffling capital norm set by Mint Road - Rs 5 crore for partnerships and Rs 10 crore for public and private firms in this line of business.Bulk of the trades......
Banks are allowed to invest up to 10 per cent of the paid-up or unit capital in Category-I or Category-II Alternative Investment Funds Illustration: Uttam Ghosh/Rediff.com Raising a new fund from......
'We have worked hard to make a big epic homage to a man, scholar and politician, who is misunderstood.' IMAGE: Anupam Kher with Director Vijay Ratnakar Gutte. The battle at the box office between......
North eastern states set to play Ranji Trophy next year The Committee of Administrators (COA) on Friday assured that all six north eastern states will be playing Ranji Trophy as individual units......
On the directive of the Hyderabad High Court, the BCCI, on Tuesday, appointed Ratnakar Shetty as observer for the one-off Test match between India and Bangladesh, scheduled to be held in Hyderabad......
The cash-strapped Deccan Chargers will remain terminated from the IPL after the Bombay high court, on Thursday, set aside a status quo order passed by an arbitrator on cessation of its membership......
Under scanner from multiple government agencies, the Cricket Board has been served with fresh summons by the Income Tax authorities seeking details about the conduct of Indian Premier League,......
The Income Tax department has issued summons to the BCCI seeking complete details of the eight original Indian Premier League franchises. "Day before yesterday they had asked for details only about......