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DGCA Official Captain Anil Gill Suspended on Corruption Charges

The government has suspended DGCA official Captain Anil Gill on alleged corruption charges. A preliminary enquiry against him was completed and the report was submitted to the civil aviation ministry recently....

Darshan Hiranandani Affidavit: TMC MP Mahua Moitra Accused of Taking Bribes to Target Adani Group

Darshan Hiranandani, CEO of Hiranandani Group, has accused TMC MP Mahua Moitra of taking bribes to raise questions in Parliament about the Adani Group. Read the full story here....

CBI Files FIR Against Rolls-Royce, Its Senior Officials In Corruption Case

The CBI has filed an FIR against Rolls-Royce and its senior officials for alleged corruption in procurement of Hawk 115 advance trainer aircraft, officials said. According to the FIR, the probe agency has named as accused Rolls-Royce PLC, Tim Jones, Director, ...

Govt Sacks 15 Senior Tax Officers Over Alleged Corruption

On Tuesday, the Ministry of Finance released a statement informing of the government's decision to "compulsorily retire" 15 senior officers of the rank Principal Commissioner, Commissioner, Addl. Commissioner, Dy. Commissioner and Assistant Commissioner, among others, of the Indian Revenue Service (C&CE), ...

Jammu & Kashmir Bank Tanks 20% After State Govt Removes Its Chairman

In the opening trade, shares of Jammu & Kashmir Bank tumbled as much as 20% to Rs 47.60 per share on the BSE after the Jammu & Kashmir government sacked the bank's chairman and managing director (CMD) Parvez Ahmed on alleged ...

NRIs, Wives Of NRIs and Nominee Of MFs Face Prosecution Notices

Income tax dept has served notices to NRIs who might have sold properties in last few years, NRI wives who do not file ITRs and nominees of mutual funds as well as those who had deposited a sum exceeding Rs. 1 ...

Paperless Income Tax Assessment Increases By 78%

Income Tax assessment of taxpayers through the online route has seen a rise of 78% over the last few years. The ambitious move has prompted the department to take the paperless assessment procedure to pan-India basis by the fiscal end. ...

Not everyone in India corrupt; regulators need to be careful: FM

New Delhi: Dispelling impression of widespread corruption in India, Finance Minister P Chidambaram on Wednesday asserted that not everyone here is corrupt and asked the regulatory agencies to intervene only when there is a clear case of criminality. "I am ...

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