Punjab National Bank, India’s second largest public sector bank, has issued a statement on exactly what happened in the Nirav Modi case that resulted in nearly $1.77 bln of unauthorized liabilities being taken on by the bank. In the statement, PNB detailed exactly how the bank was taken for a ride by some of its […]
National Stock Exchange of India, India’s largest securities trading platform, has sought details from Punjab National Bank on media reports regarding raids by enforcement agencies on the bank’s premises in the Nirav Modi case. “The exchange has advised the company to provide clarification or confirmation on the news item (on the raids) in detail,” the […]
The recent arrest of Indian Mujahideen co-founder Abdul Subhan Qureshi is proving to be valuable to the Delhi Police after it was able to make a second arrest today in the form of Ariz Khan aka Junaid. Khan is suspected to be involved in at least five bomb blasts carried out by Indian Mujahideen in […]
The income tax department has been able to identify millions of non-tax-filers and collect Rs 26,425 cr of self-declared tax by using software to analyze third party financial and transaction data over the last six years, the finance ministry said. The income tax department has been analyzing financial and transactional data since the year 2013 […]
Majesco, the India-based provider of IT solutions to the insurance industry, said its subsidiary has been sued by a customer in the US for $10 mln (Rs 64 cr). In a filing on Sunday, Jan 28, the company said that on Jan 24, its subsidiary Majesco Software and Solutions Inc received a summons with notice […]
Haryana Police denied rumors of widespread violence in the state associated with the exhibition of the film Padmaavat and reassured cinema-goers of ‘full protection’. The assurances come a day after malls and vehicles in Gurgaon, the commercial capital of Haryana, came under attack, allegedly from activists of Shri Rajput Karni Sena. “I want to assure […]
The Supreme Court has dismissed the review petitions asking the Supreme Court to reconsider its earlier ruling lifting the ban on the film Padmaavat. “Governments and the people must understand that there is a Censor Board certificate and then a Court order,” said a three-judge bench today. “Better abide by it.” It also criticized state […]
Delhi Police said Abdul Subhan Qureshi, founder of Indian Mujahideen and the alleged mastermind behind 2008 Gujarat blasts, was living as an English teacher in Nepal before going to Saudi Arabia in 2015. Qureshi, an engineer by profession, was very comfortable with the Queen’s language and was teaching in two schools in the Himalayan kingdom. […]
The Supreme Court has lifted the bans imposed by certain state governments like Gujarat and Haryana on the movie Padmavat and said the movie will screen across India next week. The movie is set to release on Jan 25. The court said it was the responsibility of the state governments to keep law and order, […]
Going by indications from the Unique ID Authority of India, Aadhaar numbers could soon be linked to people’s images, allowing the government and corporations to identify people from their photographs and videos. “UIDAI introduces yet another landmark technology for authentication – Face Authentication,” tweeted @ceo_uidai, the official handle of the CEO of UID Authority of […]
Hundreds of protestors turned out to seek justice for a 27-year-old boy allegedly killed by a team of Kerala policemen for getting romantically involved with a girl who was related to one of them. In a rare occurrence in Kerala — where protests not organized by political parties fail miserably — hundreds of people turned […]
Maulana Masood Azhar, the founder of terror-cum-charity group Jaish-e-Mohammed, has warned the Pakistan government against giving in to the demands of the Americans, who want it to destroy all terror groups. Azhar said Pakistani media and intellectuals are trying to scare the people of the country into giving in to Trump’s demands. His comments come […]
Congress Party leaders could find themselves attracting unwelcome attention and scrutiny after the Supreme Court today decided to order a reinvestigation of 186 cases out of the 241 cases related to the 1984 anti-Sikh riots. Out of the 241 cases, 42 are related to riots. The move follows a recommendation to the effect by a […]
Bitcoin users and investors in India could be in for tough times ahead as a high-level, interdepartmental committee set up by the government of India has urged it to crack down on such virtual currencies. The contents of the committee’s report, submitted in August, have not been officially announced yet, but highly placed sources reveal […]
Union law minister Ravi Shankar Prasad today said he has had official talks with the Congress Party on the ‘triple talaq’ bill, but the opposition party has raised two demands that amount to incentivizing Muslim men to abandon their women. The first demand, said RS Prasad, was to decriminalize the offence and make it bailable, […]
Social and mainstream media is abuzz with headlines that scream that the Aadhaar database has been ‘leaked’ or ‘breached’ by miscreants and that the UID Authority of India has been caught napping. “Personal data of a billion Indians sold online for £6”, screams the Guardian. “Local Indian newspaper was able to access the private data […]
Opposition parties will get their chance besiege the government on the controversial Triple Talaq bill for four hours today as part of a discussion in Rajya Sabha, the upper house of the Parliament where the opposition parties enjoy a majority. The government has agreed for a debate on the issue from 5 PM to 9 […]
The number of frauds related to Internet banking and credit and debit cards in India has increased four fold in the last one year, according to data reported by the banks to the Reserve Bank of India. Banks have already reported 10,220 incidents under the RBI’s Fraud Monitoring System involving an amount of Rs 111.86 […]
Joby George of Kerala-based Goodwill Entertainments has offered a ‘lifetime’ job in the UK, Australia, Dubai or India to the person who was arrested by the Kerala police yesterday for cyber-bullying an actress who criticized super star Mammootty. “If u can give u r no or u can come to my home or office till […]
Authorities at Delhi International Airport have been waiting for nearly nine years for a religious trust to lower the height of a statue to make full use of one of Asia’s longest runways. It was in 1989 that the Airport Authority had given permission to Jaya Shree Charity Trust to build a Shiva statue with a […]
