Khushboo Narayan

Articles By Khushboo Narayan

PNB fraud: Interpol notice on way, Mehul Choksi seeks to make video statement

Lawyers file fresh applications, tell court he is ill, will return to India in three months if his health improves

Many challenges in implementation of Mumbai Development Plan 2034: Study

In the past 20 years, only 1 lakh slums have been rehabilitated and the pace is not going to increase. The primary reason for the failure of the earlier policy was lack of understanding of market conditions and the DCPR carries forward the same set of mistakes, study showed.

Corruption in coal import in Indore: No ‘sufficient’ evidence, CBI closes case

The CBI in its closure report said “the disputed coal (supplied from 2011 to 2013) has already been consumed by NTPC Ltd, and the samples of the same were not retained at the NTPC laboratory” for CBI to conduct tests.

DRI probes domestic aviation majors for alleged duty evasion

Under the norms, parts of aircraft classified under customs tariff heading 8803 attract 5 per cent IGST while the IGST applicable on other goods is between 18 per cent and 28 per cent, depending on its classification.

Retail digital payments jump in FY18

The total value of such transactions in 2017-18 stood at Rs 299.3 lakh crore up 64.64 per cent from Rs 181.7 lakh crore in 2015-16.

Note ban, PNB fraud hit gold business: Zaveri Bazaar jewellers face challenging times

Zaveri Bazaar is currently doing sales worth Rs 165 crore daily, as against Rs 170 crore per day last year and Rs 225 crore worth of sales before demonetisation in 2016.

Maharashtra a middling performer in case of macroeconomics: study

The brokerage arrived at this conclusion after analysing 20 different parameters during the two-and-half year period ending September 2018.

Global Energy approaches NCLT against Tata Motors

The shares of Tata Motors closed at Rs 178.65 a piece, up 0.76 per cent while Sensex advanced 550.92 points, or 1.63 per cent, to close at 34,442.05.

IL&FS board’s report reveals more discrepancies in business transactions

The board has found several other discrepancies in the business transactions of IL&FS group and its subsidiaries and is in the process of taking corrective action.

‘Rs 3,400-crore tax evasion’: I-T probing over 21,000 entities

The probe follows an investigation by the Securities and Exchange Board of India (Sebi) on 14,720 entities in a case related to alleged trading irregularities in that segment.

Maharashtra accounts for 38% of India’s direct tax collection

Maharashtra leads the states in direct tax collection since many of the country’s leading companies have their headquarters here while some of the highest individual taxpayers — including Bollywood stars and cricketers — also live here.

To recover dues from Anil Ambani firms, 24 creditors move tribunal

Of the creditors that have moved court, at least 11 firms have settled or are in the process of settling the dispute with Anil Ambani’s firms through NCLT. The disputes of the remaining 13 firms with RCom and Reliance Telecom are yet to be resolved.

Under I-T scanner: 7,500 Indians who own prime homes in Dubai

Under Indian laws, it is not illegal for Indians to own property in Dubai. According to the Foreign Exchange Management Act of 1999, resident and non-resident Indians are allowed to own immovable properties abroad.

‘Mumbai residents most affected by inflation’

The cities that didn’t feel the inflation bite so much were Bengaluru at 4.7 per cent and Raipur at 5.8 per cent.

CBI, SFIO yet to summon Chanda Kochhar and husband Deepak

On March 31, the CBI had registered a preliminary enquiry (PE) into the sanctioning of a Rs 3,250-crore loan to the Videocon Group by the ICICI Bank as part of a consortium of banks in 2012.

‘Certain benefits to Chanda Kochhar subject to enquiry outcome’

ICICI bank could also hold back a few retirement benefits including Kochhar’s gratuity till the final report of the Srikrishna panel.

PNB fraud case: Purvi Modi distances herself from brother Nirav

Purvi Modi, named an “Interested Person” under the Fugitive Economic Offenders Ordinance, 2018, by the Enforcement Directorate (ED), has said that she will not oppose the confiscation of Indian assets allegedly under her name in court.

‘Most of richest Indians stay in Maharashtra’

The richest individuals have been defined as those who boast a wealth of at least Rs 1,000 crore. There are 71 people with wealth of at least Rs 1,000 crore with a combined wealth of Rs 3.48 lakh crore, less than Mukesh Ambani’s.

72 Indian, 25 foreign arms of IL&FS posted losses during FY18

IL&FS Tamil Nadu Power Company Ltd has booked the biggest loss of Rs 3,821.15 million, followed by IL&FS Maritime Infrastructure Company Ltd at Rs 3,171.91 million and Rapid MetroRail Gurgaon South Ltd at Rs 2,432.88 million.

Maharashtra continues to top list of states with maximum average AUM

In August, average assets under management from Maharashtra touched Rs 10.35 lakh crore, about 41.1 per cent of the all-India total.