Our stand vindicated, NCP says on ACB's clean chit to Ajit Pawar
"Ajit Pawar or any other minister did not commit any irregularity. The BJP's false campaign is getting exposed now. We are happy that truth is coming out before the people," NCP chief spokesperson Nawab Malik said.
Bombay High Court junks PMC Bank depositors' plea for lifting of restrictions
In their pleas, the petitioners alleged that the RBI's decision...
Ajit Pawar gets ACB clean chit in Vidarbha irrigation scam
The ACB, in its affidavit submitted in the Nagpur Bench of the Bombay High Court, ...
Chanda Kochhar's termination as CEO-MD as per law: ICICI Bank to HC
Kochhar had moved the Bombay High Court challenging ICICI Bank's decision to terminate her despite the bank having approved her request for early retirement.
Realtors challenge constitutional validity of National Anti-profiteering Authority
Input tax credit refers to a mechanism under the GST framework wherein the tax a company pays when it buys raw materials or other services can be passed on to the buyer when the goods or services are sold. Many real estate developers were asked to pay penalties as they did not pass on the benefits of the input tax credit to the customers.
RBI expects forensic audit report on PMC Bank by month-end
The multi-state co-operative bank has been under the RBI restriction since September 23, after it had found financial irregularities, including huge under-reporting of loans and non-performing assets to real estate developer HDIL to the tune of Rs 6,500 crore using hundreds of dummy accounts.
Banks can’t claim tax relief on FD insurance
Reversal of credit would lead to an increase in cost by anywhere between Rs 200 to Rs 500 crore for banks.
DHFL insolvency process starts, investors' claims sought
The move comes ahead of the Supreme Court hears a group of investors who have moved it on the matter, and barely three days after the National Company Law Tribunal's Mumbai bench admitted the RBI's application for initiating insolvency proceedings against the cash-strapped firm, and permitted it to go ahead in the matter.
Maharashtra govt already has a review report on cases against Maratha, Dalit protesters
A report prepared during the time of the Devendra Fadnavis govt lists only 56 out of a total 641 cases as serious. The list does not include cases linking prominent activists to the Elgaar Parishad event.
Bombay HC refuses interim protection from arrest to Gautam Navlakha
Navlakha was given interim protection from arrest since August last year when he approached the high court seeking to quash the case lodged against him by Pune police.
Iqbal Mirchi’s Mumbai property set to be auctioned
Safema authorities have fixed a reserve price of Rs 3.45 crore for the 1245-sq feet flat at the plush Juhu Tara road in suburban Mumbai belonging to Mirchi. The winner will have to deposit Rs 86.50 lakh as earnest money.
PMC case: RBI files affidavit in Bombay HC, states restrictions to safeguard depositors
The Reserve Bank of India (RBI) on Tuesday filed a detailed affidavit in the Bombay High Court on a batch of petitions filed by the deposito...
Uddhav Thackeray announces stay on Aarey metro car shed construction
Maharashtra CM Uddhav Thackeray announced stay on construction of metro car shed project in Mumbai's green lung Aarey Colony. He, however, clarified that he had not stayed the work of the Mumbai metro rail project itself.
Bombay HC asks RBI to file affidavit on plea challenging withdrawal limit imposed on PMC depositors
The Bombay High Court on November 04 asked the Reserve Bank of India (RBI) to file an affidavit by November 13 explaining the withdrawal lim...
Chanda Kochhar moves High Court against ICICI Bank over termination
Kochhar has filed a petition against ‘purported termination’ and denial of the agreed remuneration by ICICI Bank.
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