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MUMBAI: A high-powered committee set up by the markets regulator Sebi to look into the conflict of interest issues of its top officials, including the chairman, came out with a report suggesting stricter rules. The report said that, among others, all the top officials should be identified as insiders, should periodically disclose their assets and…
Legendary Bollywood actor Dharmendra, often dubbed the ‘He-Man’ of Indian cinema, has a net worth ranging from Rs 335 to Rs 450 crore. His wealth, built over years of captivating performances, is bolstered by a vast real estate portfolio that includes a stunning 100-acre farmhouse in Lonavala. Read on to know more. Dharmendra, known as…
India’s foreign exchange reserves dropped by $5.623 billion in the week ending October 31, reaching $689.733 billion, according to the Reserve Bank of India’s latest figures. The fall was driven by declines in both foreign currency assets and gold holdings.Foreign currency assets, the largest portion of the reserves, fell by $1.957 billion to $564.591 billion….
MUMBAI: In a step towards liquidation of Gitanjali Gems Ltd, the company at the centre of the Rs 23,000 crore Punjab National Bank fraud case involving Nirav Modi and his uncle Mehul Choksi, a special PMLA court allowed the company’s liquidator to proceed with valuation and subsequent auction of 13 unsecured properties valued over Rs…
The global cryptocurrency market has lost significant ground after reaching a record high earlier this month, with traders pulling back amid fears of deeper losses.At its October 6 peak, the total market capitalisation of all cryptocurrencies hit nearly $4.4 trillion. However, a 20% slump since then has erased most of this year’s gains, leaving the…
Suresh Raina and Shikhar Dhawan V. C. Sajjanar, Hyderabad Police Commissioner, has raised questions about former Indian cricketers Suresh Raina and Shikhar Dhawan‘s status as role models in the sport.The IPS officer, known for his firm stance against betting apps, criticised the former cricketers after the Enforcement Directorate seized their assets worth Rs 11.14 crore…
Suresh Raina and Shikhar Dhawan The Directorate of Enforcement (ED) has provisionally attached assets worth Rs 11.14 crore belonging to former Indian cricketers Suresh Raina and Shikhar Dhawan under the Prevention of Money Laundering Act (PMLA), 2002. The attachment comprises mutual fund investments of Rs 6.64 crore held by Suresh Raina and an immovable property…
When individuals open bank accounts, invest in mutual funds, or buy insurance, they are often asked to name a nominee. However, many people mistakenly assume that the nominee automatically inherits the assets. In reality, the nominee is not always the final recipient — the ownership rights belong to the legal heir, reported ET. Understanding the…
Shikhar Dhawan and Suresh Raina The Enforcement Directorate (ED) has also attached assets worth Rs 11.14 crore belonging to both Suresh Raina and Shikhar Dhawan as part of the investigation into a betting-linked money-laundering case.Earlier, the ED had summoned former Indian cricketer Shikhar Dhawan in connection with the money laundering investigation linked to the betting…
LUCKNOW: The Uttar Pradesh government has ordered a vigilance inquiry against Deputy Superintendent of Police (DySP) Rishikant Shukla, currently posted in Bhogaon, Mainpuri, after an SIT probe found evidence that he amassed illegal wealth worth nearly Rs 100 crore, allegedly in collusion with a Kanpur-based lawyer’s extortion syndicate.According to an official communication dated October 3,…
