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Total 39 results found. Search for [ extradition proceedings ]

Results 1 to 21 of 39
PTI
September 18, 2018
The Enforcement Directorate (ED) has zeroed in on foreign assets worth about Rs 4,000 crore of absconding diamond jeweller Nirav Modi for quick attachment under Prevention of Money Laundering Act (PMLA).


BusinessToday.In
New Delhi, September 13, 2018
RBI pulls back rupee from the brink by selling dollarsThe rupee slumped to a historic low of 72.91 in morning trade on Wednesday forcing the RBI to sell US dollars in the market through public sector banks to bring the Indian currency back from the brink. The government also issued a statement that the rupee would not be allowed to crash to an unreasonable level which further bolstered sentiments and enabled the rupee to climb back to 72.18 vis-a-vis the US dollar at the end of th...


BusinessToday.In
September 12, 2018
Defending his case, Mallya's lawyer Clare Montgomery argued that the Indian government has failed to provide any substantial evidence to form a 'prima facie' case of fraud against him, justifying his extradition.


BusinessToday.In
September 12, 2018
Depending on its findings, the London court will take a final call on handing over the absconding liquor baron to India.


BusinessToday.In
September 8, 2018
Liquor baron Vijay Mallya told Indian mediapersons that his return to India rests on the court's decision. He was spotted at the fifth Test match between India and England at The Oval cricket ground.


PTI
September 2, 2018
A designated PMLA authority has held that 41 properties worth about Rs 1,210 crore, attached by the Enforcement Directorate (ED) in the name of absconding diamond jeweller Mehul Choksi and his associated firms, are money laundering assets and ordered that their attachment should continue.


BusinessToday.In
New Delhi, August 27, 2018
Amazon plans to invest $700 mn in the Future GroupJeff Bezos-led Amazon in India has begun formal negotiations with Kishore Biyani's Future Group to invest around $600-700 million for a 12 to 15 per cent stake in the retail major as reported by the Business Standard. The two entities have signed a term sheet to take the talks further, sources said. This denotes the two sides have officially entered a pact. If the deal materialises it will most likely be a combination of cash and...


PTI
August 26, 2018
While it is certain that Mallya may not appear in person as he is contesting an Indian extradition case in London, it is expected that his authorised legal representative may submit a reply to the special court as part of his official response to the notice.


BusinessToday.In
New Delhi, August 21, 2018
Reliance Jio adds over 9.71 million subscribers in JuneThe mobile subscriber base in the country increased to 114.65 crore with net addition of 1.55 crore in the reported month. Reliance Jio led the growth in mobile segment by adding over 97 lakh new connections during the month. It was followed by Idea Cellular which added over 63 lakh new connections. Vodafone saw an addition of over 2.75 lakh new mobile connections, BSNL 2.44 lakh and Airtel 10,689. Tata Teleservices, which i...


BusinessToday.In
New Delhi, August 20, 2018
There are chances that the UK might accept India's extradition request as the UK's Crown Prosecution Service had informed India in June that it could initiate extradition proceedings against Nirav Modi even though his exact whereabouts at that time were uncertain.


BusinessToday.In
New Delhi, July 31, 2018
Vijay Mallya is fighting extradition to India on charges of fraud and money laundering amounting to around Rs 9,000 crores. If extradited, he could be kept in the Arthur Road jail.


Poulomi Saha
New Delhi, July 25, 2018
India has signed extradition treaties with 48 countries. We will use diplomatic channels to bring back fugitives from countries where we don't have such treaties yet, says Interim Finance Minister Piyush Goyal.


BusinessToday.In
July 25, 2018
The development comes weeks after a special court summoned Vijay Mallya to appear before it on August 27 on the ED's plea seeking action against him under the fugitive economic offenders ordinance.


PTI
June 30, 2018
Special judge M S Azmi, dealing with the PMLA cases, issued summon after taking cognisance of the second ED charge sheet filed against Mallya and a subsequent application by it on June 22 seeking a fugitive economic offenders tag.


BusinessToday.In
June 26, 2018
In a detailed five-page statement, the beleaguered tycoon claimed that despite making two public offers to settle the pending dues of Kingfisher Airlines, the ED has objected to sale of assets to repay KFA creditors which include public sector banks.


BusinessToday.In
June 26, 2018
The request has been made on the basis of a recent chargesheet filed by the ED against Nirav Modi and his family under the Prevention of Money Laundering Act.


BusinessToday.in
New Delhi, June 15, 2018
Trump administration intent on revoking H-4 rule for spouses of H-1B visa holdersThe Trump administration has reconfirmed its intent to rescind H-4 rule regarding employment authorisation to certain spouses of H-1B visas, popular among Indian IT professionals. The move will have a major impact on Indian-American women as they are the major beneficiary of the Obama-era rule. \"Removing H-4 Dependent Spouses From the Class of Aliens Eligible for Employment Authorization,\" said the ...


PTI
June 14, 2018
India has been informed by the UK's Crown Prosecution Service (CPS) that it can initiate extradition proceedings against Indian diamantaire Nirav Modi even though his exact whereabouts remain uncertain, a senior Indian official said today.


PTI
New Delhi, April 22, 2018
After moving the insolvency authority in the US, Punjab National Bank (PNB) has raised heat by approaching Hong Kong Court against billionaire jeweller Nirav Modi, who is accused of a Rs 13,000-crore fraud.


BusinessToday.in
New Delhi, February 21, 2018
The government on Wednesday opposed a plea seeking an independent SIT probe and deportation of celebrity jeweller Nirav Modi in the Supreme Court, saying an FIR has already been filed and a probe was on.


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