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SIT on blackmoney under the RTI Act: CIC

-PTI The SIT was set up on the orders of the Supreme Court in 2014 through a government notification to suggest methods to curb black money in the economy. The Supreme Court appointed Special Investigation Team on black money is answerable under the RTI Act, the Central Information Commission has held. Bringing SIT under the RTI Act, Information Commissioner Bimal Julka said every action of the government must be actuated in...

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CBI books Jayanthi Natarajan, carries out searches -Devesh K Pandey

-The Hindu The case pertains to clearance given for diversion of forest land at Saranda Forest in Jharkhand’s Singhbhum District to a mining company in violation of Forest (Conservation) Act in 2012. The Central Bureau of Investigation on September 9 conducted searches at the Chennai premises of former Union Environment Minister Jayanthi Natarajan in connection with alleged irregularities in the approval to a proposal for leasing of 56 hectare forest land to...

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SC Imposes 100% Penalty on Odisha's Illegal Mining -Jayajit Dash

-TheWire.in Mining companies on the hook include Tata Steel, Essel Mining & Industries Ltd, Indrani Patnaik, Rungta Mines, Serajuddin & Company and even state-run entities like Odisha Mining Corporation. Bhubaneswar: Dealing a body blow to the mining companies that unlawfully raised huge quantities of iron ore and manganese ore, the Supreme Court on Wednesday called for the recovery of 100% compensation in lieu of the excess ore lifted. Disposing of a writ petition...

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Odisha: SC says companies will face 100% penalty for illegal mining

-Scroll.in The court refused to order a CBI inquiry into connivance of officials in the Rs 60,000 crore scam, but directed the setting up of an expert committee. The Supreme Court on Wednesday said mining companies that had been operating without necessary clearances in Odisha would be subject to a 100% penalty on the price of the ore that had been illegally extracted. The court also said that the government’s policy...

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CVC examines CBI probe in top bank frauds, including Vijay Mallya's

-PTI CVC Commissioner says bankers need have no fear if their decisions are bonafide New Delhi: The Central Vigilance Commission (CVC) is supervising CBI's probe in 10 top bank fraud cases, including one involving fugitive businessman Vijay Mallya, and says bankers need have no fear if their decisions are bonafide. Vigilance Commissioner T M Bhasin told PTI that bankers need to "muster courage" to recover their money individually or collectively from defaulters. His assertion...

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