As many as 2.09 lakh 'non-filers' filed income tax returns in last fiscal and paid taxes worth Rs 6,416 crore, Minister of State for Finance Shiv Pratap Shukla said.
Denmark’s state prosecutor has started a criminal investigation into Danske Bank (DANSKE.CO) over allegations the lender had been involved in money laundering through its Estonian branch.
The Enforcement Directorate (ED) today filed charge sheet against journalist Upendra Rai in a money laundering case related to alleged extortion and dubious financial transactions.
The Delhi High Court granted bail to a former Andhra Bank director who was arrested in connection with a money laundering probe in an alleged Rs 5,000-crore fraud case.
Former AgustaWestland and Finmeccanica directors Giuseppe Orsi and Bruno Spagnolini, ex-IAF chief S P Tyagi and others were today summoned as accused by a Delhi court in a money laundering case related to the VVIP chopper scam.
A Delhi court today summoned former Himachal Pradesh chief minister Virbhadra Singh's son Vikramaditya and others to appear before it on August 27 in a money laundering case.
Danish pension fund MP Pension said Friday it has temporarily frozen its investments in Danske Bank (DANSKE.CO) over the lender’s involvement in money laundering in Estonia.
The Bangalore police today informed a Delhi court that it has identified 159 properties belonging to liquor baron Vijay Mallya, but has not been able to attach any of them for the Enforcement Directorate's (ED) money laundering case relating to FERA violations.
Liquor baron Vijay Mallya’s troubles with the Indian investigative agencies took a turn for the worst when a UK High Court judge issued an enforcement order.
ED is to take help of GFSU to strengthen its cyber and digital forensic operations while dealing with money laundering cases, an agency statement said.
Aircel moves SC to make Airtel clear dues
Alleges that the co withholding Rs453 Cr of bank guarantees paid on its behalf
Bank guarantees have lapsed and Aircel wants Airtel to pay the money
Alleged that Airtel is trying to usurp the sum
Aircel says without the money it may get liquidated
Bain joins KKR in race for Max Healthcare stake
PE firms look to buy 47% stake from Life Healthcare for $450-540 Mn
To decide on buy back of shares on Aug. 20
JET AIRWAYS CLARIFIES
Co planning $400 Mn stake sale is speculative in nature
Jet Auditor BSR may quit if issues are not resolved is factually incorrect
Have been pro-actively working on multiple revenue enhancements
Evaluating various funding options to meet liquidity requirements on priority
Relationship with Etihad Airways very strong
No delays in discharging any loan obligations to any of the lenders
Default status in tabular statement only due to technical errors, rectified now
Clarifies that reports of stake sale are purely speculative
Also Clarifies that rumors of auditor quitting if issues not solved are factually incorrect
Seeks lenders help in bid to avoid default
Airline wants waiver of loan covenant on existing debt facility of $185mn
Co has to repay or refinance at least $500mn of existing debt to avoid default
Told lenders it won’t be able to meet min $50mn profit condition for FY19
Consortium of lenders yet to decide on Jet’s request
Airline’s total debt was Rs 9430 Cr as on 31st March 18
NSE TO JET AIRWAYS
Have noticed a difference in your responses dated August 9 & 10
Clarify whether mgmt extension from audit committee as per Aug 10 response
Or did Audit Committee not recommend results to board as per Aug 9 response?
In Aug 10 response, details of "Certain Matters Not Closed" not provided
Provide exact reasons for which audit committee has not approved results
Again ask you to give us date when board meet to consider results will be held