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Over 300 Indian Names in New Data Leak That Sheds Light on Offshore Dealings: Report

-TheWire.in So far, four Indian names have come out as part of the 'Pandora Papers': Sachin Tendulkar, Anil Ambani, the sister of Nirav Modi, and the husband of Kiran Mazumder Shaw. New Delhi: A new global leak of financial data promises to expose the secret offshore dealings and hidden assets of the world’s elite, including over 300 Indians. This new dataset comes from the International Consortium of Investigative Journalists (ICIJ) which obtained nearly...

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Big beneficiaries of Tranche IV stimulus: Adani, Vedanta, Tata Power, Anil Ambani's Reliance -Nevin John

-BusinessToday.in Finance Minister Nirmala Sitharaman's reform announcements related to coal, aviation, power sectors will suit these players * Adani Power, Tata Power, JSW Energy, Reliance Power will lock horns in the bid for thermal coal blocks * Existing captive users like Tata Power, Reliance Power, Tata Steel must bid at regular intervals to retain mining licence * Adani Enterprises Ltd had recently emerged as the highest bidder for six airports * Adani bought the Mumbai...

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'Nyay' money will go into accounts of 5 crore women: Rahul Gandhi

-PTI NANDED: Money under the 'Nyay' minimum income guarantee scheme will go into accounts of five crore women, Congress chief Rahul Gandhi said here on Monday. The Congress, in its manifesto for the Lok Sabha elections, has said Nyay assures up to Rs 72,000 a year or Rs 6,000 a month income to 20 per cent of India's poorest families. Addressing a poll rally, Rahul Gandhi also assured the crowd that farmers won't...

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Forty coal importers under the DRI scanner for over-invoicing

-The Hindu Business Line Firms of Adani, Anil Ambani, Essar, JSW Groups and some PSUs being probed NEW DELHI: The Finance Ministry and the Directorate of Revenue Intelligence (DRI) are said to have stepped up investigations into the alleged over-invoicing of coal imports by 40 companies — both in the public and private sector — to the tune of Rs. 35,000 crore. “It is an issue that has been going on for the...

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Discoms used Rs 5,000cr of Delhi govt funds: CAG -Pradeep Thakur

-The Times of India NEW DELHI: The three private power distribution companies (discoms) in the capital enjoyed funding of more than Rs 5,000 crore from the Delhi government since their inception on July 1, 2002, the Comptroller and Auditor General (CAG) has said while justifying its stand on auditing their accounts. "Considering that the discoms enjoyed funding of more than Rs 5,000 crore from the state by way of equity, debt, transferred...

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