New Delhi, Oct 31 (IANS) Central GST officials have busted a Rs 31.95 crore scam in the national capital involving a company that was fraudulently availing Input Tax Credit (ITC) based on fake invoices. The director of the company has been arrested, according to an official statement issued on Friday.
Mumbai, Oct 30 (IANS) The Reliance Group on Thursday dismissed the Cobrapost report -- which alleged that the Anil Ambani-led company had diverted funds to the tune of over Rs 41,900 crore -- as “a malicious, baseless, and motivated campaign” being orchestrated by the news platform at the behest of the group’s corporate rivals.
Mumbai, Oct 30 (IANS) A social media channel owner was shot dead by Mumbai Police in a hostage drama plotted by him using an air gun to confine 20 children at R A Studio in Mumbai’s Powai on Thursday, a police official said.
New Delhi, Oct 30 (IANS) News website Cobrapost, in its report on the alleged siphoning of Rs. 28,874 crore by the Anil Ambani-led Reliance Group, on Thursday claimed that the modus operandi deployed included the use of dozens of pass-through entities, called Special Purpose Vehicles (SPVs), subsidiaries, shell companies or offshore entities based in the British Virgin Islands (BVI), Cyprus, Mauritius, the United States, the United Kingdom and Singapore, to route funds to Reliance Innoventure -- the main holding company of the group.
New Delhi, Oct 30 (IANS) Investigative news website Cobrapost on Thursday alleged that the Reliance Anil Dhirubhai Ambani Group has indulged in "a massive banking fraud amounting to more than Rs. 28,874 crore” since 2006 with impunity.
Bengaluru, Oct 30 (IANS) Bengaluru police have arrested a couple on charges of ramming their car into a bike and killing one of the riders in a road rage incident. The case was reported from the Puttenahalli police station limits in Bengaluru.
New Delhi, Oct 29 (IANS) The Supreme Court has reiterated that the mere recovery of tainted currency notes cannot justify a conviction under the Prevention of Corruption Act (PC Act), adding that the demand and acceptance of illegal gratification must be proved beyond reasonable doubt before a presumption of guilt arises.
Bengaluru, Oct 29 (IANS) The Karnataka High Court on Wednesday heard a plea by Ola Electric CEO Bhavish Aggarwal seeking to quash an abetment to employee suicide case filed against him.
New Delhi, Oct 29 (IANS) The Supreme Court on Wednesday deferred till November 24 the hearing on the habeas corpus plea filed by Ladakh-based climate activist Sonam Wangchuk’s wife, Gitanjali J. Angmo, challenging his detention under the National Security Act (NSA).
New Delhi, Oct 28 (IANS) Delhi Police has given a virtual clean chit to a painter and two others accused by a woman of throwing acid on her in North Delhi’s Ashok Vihar last week, Special Commissioner of Police Ravindra Singh Yadav said on Tuesday.
