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How one builder took six banks and 30,000 homebuyers for a ride

Forensic audit of Unitech, done on SC's orders, reveal massive diversion of funds by the firm.

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Jan 18, 2020, 05.40 PM IST

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US charges 5 over illegal exports for Pakistan's nuclear programme; Islamabad says no information

According to the indictment, between September 2014 and October 2019, the five operated an international procurement network of front companies that existed to acquire US-origin goods for the Advanced Engineering Research Organisation (AERO) and the Pakistan Atomic Energy Commission (PAEC). They exported US-made goods to the two Pakistani entities.

Ex-Trump aide Michael Flynn seeks to withdraw guilty plea

Prosecutors had earlier said Flynn was entitled to avoid prison time because of his...

Pakistan caught again in nuclear smuggling activity

According to the US Justice Department, the five men, based in Canada, Hong Kong, and UK,...

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  • The two sides are exploring the dates for the big visit in the last week of February. However, the timing of Trump’s visit will depend on the duration of the Senate impeachment trial, which is expected to begin this week. ET had reported in November that Trump could visit India in early 2020, before the presidential election calendar gets underway in the US.

    In some cases, the shell companies helped contractors obscure that they were making U.S. military equipment abroad, the GAO said, posing a risk to national security and quality control. More often, they were used to win contracts meant for companies owned by disabled veterans or minorities, a U.S. Government Accountability Office study of Defense Department contractors said.

    Fitch assigned a rating of 'BBB-' to the company's proposed US dollar senior unsecured convertible notes.

    Industries minister Subhash Desai on Monday said that Foxconn, the world’s biggest contract manufacturer of consumer electronics, will not be setting up its unit in the state.

    This hike is a must, given the steep hike in cost of construction materials. While the government at present sanctions Rs 1.2 lakh as unit cost, this could well be slightly more than double to Rs 2.5lakh.

    After the attacks subsided, Trump and Pence made a round of calls to congressional leaders, and even some of the president’s hawkish allies said that Trump should be measured in his response to the Iranian strikes.

    While the Iraqi military says there are no casualties among its troops as a result of an Iranian missile strike at bases in Iraq used by U.S. forces., Iran claims that 80 'American terrorists' had been killed. The military said in a statement carried by the state news agency Wednesday that the attack lasted half an hour, starting at 1:45 a.m. local time.

    Iran’s supreme leader, Ayatollah Ali Khamenei, told his advisers last week that its response should be a “direct and proportional attack on American interests,” according to the New York Times, and that it should be “openly carried out by Iranian forces themselves.”

    The NDAA 2020, which was signed by US President Donald Trump a few days ago, authorises $738 billion for fiscal year 2020 for military activities, including expansion of the aircraft fleet and the F-35 program. Both these will add teeth to the American deployment in the Indo-Pacific region.

    A small plane crashed into the parking lot of a post office in Louisiana shortly after takeoff on Saturday, killing five people and fully en...

    Trump made the Space Force's creation real with the signing of the 2020 National Defense Authorization Act.

    The Pentagon is seeking proposals to cache a rotating six-month supply of neodymium iron boron (NdFeB) magnets, a type of rare earth magnet essential to weapons manufacturing, according to the document, detailing the latest attempt to weaken China's control over the rare earths sector. Beijing has been using that prowess for leverage in its trade war with US.

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