India

Bengaluru, Jul 11: India’s market regulator is probing whether InterGlobe Aviation Ltd Chief Executive Officer Ronojoy Dutta downplayed the tussle between the promoters of the country’s largest carrier IndiGo, ET Now reported on Thursday, citing sources. The spat between co-founders and promoters Rakesh Gangwal and Rahul Bhatia escalated after Gangwal on Tuesday alleged violations of corporate

Mumbai, Jul 11: The Bombay High Court on Thursday dismissed a plea of beleaguered liquor baron Vijay Mallya seeking a stay on the procedure for the confiscation of his properties by the government agencies in connection with Rs 9,000 crore money laundering and fraud case. A division bench of Justices Akil Kureshi and S J Kathawala refused to grant any relief to 63-year-old Mallya. In his petition

Panaji, Jul 11: In a major coup, the BJP in Goa late on Wednesday engineered a split in the 15-member Congress legislature party and inducted the 10-member splinter group headed by the leader of opposition Chandrakant Kavlekar into the BJP. Kavlekar has blamed disunity among senior Congress leaders in Goa and lack of development in the Opposition MLAs’ constituencies as some of the reasons for

New Delhi, Jul 11: The CBI is carrying out searches at the offices of Lawyers Collective, an NGO run by noted lawyer Anand Grover, officials said on Thursday. The searches are understood to be taking place at the Delhi and Mumbai offices of the NGO, they said. Officials did not give any details of locations where searches are going on, they said. Grover, husband of former Additional Solicitor

New Delhi, Jul 10: A non-profit organization engaged in promoting financial literacy has moved the Supreme Court, alleging cheating, especially of senior citizens, by the Life Insurance Corporation (LIC) through its Jeevan Saral policy, in which nearly 5 crore policy holders have "lost a big chunk on their principal investment". The Mumbai-based Moneylife Foundation said it has received several

Bhopal, Jul 10: The Kamal Nath government in Madhya Pradesh Wednesday presented its maiden budget aiming to please various sections of society wherein it has proposed to allocate Rs 132 crore for the welfare of bovines and hiked grant to the state Waqf Board and Haj committee. The budget, presented by Finance Minister Tarun Bhanot, also proposes a three-fold hike in the honorarium for the priests

New Delhi, Jul 10: A demand to give Indian citizenship to Sri Lankan Tamil refugees residing in Tamil Nadu for almost three decades was made in the Rajya Sabha on Wednesday. Ahamed Hassan of the TMC made the demand through a Zero Hour mention during the brief period that the House functioned in the pre-noon session that was marred by disruptions by opposition Congress over developments in

Jul 10: A SpiceJet technician was killed after the landing gear door of the aircraft he was working on got "accidentally" shut at the airport here on Wednesday, a senior official said. The incident took place around 1.45 am. "The technician was carrying out maintenance on the landing gear of the Bombardier Q400 plane when the landing door accidentally got closed and he got stuck there," said the

New Delhi, Jul 9: The cost of a Rs 2000 currency note fell 65 paise or 18.4 per cent in 2018-19 compared to the year-ago period, according to official data. Introduced after demonetisation in November 2016, Rs 2000 notes are printed only by the Bharatiya Reserve Bank Note Mudran Pvt Ltd (BRBNMPL) -- a wholly-owned subsidiary of the RBI. According to data provided by the government to the Rajya

New Delhi, Jul 9: The Delhi High Court on Tuesday refused to allow Jet Airways founder Naresh Goyal to go abroad and sought response of the Centre on his plea challenging a look out circular (LOC) issued against him. Justice Suresh Kait said no interim relief can be granted at this stage and added that he may deposit ₹18,000 crore guarantee if he wants to travel to a foreign country now. The court