market-expert-welcomes-step-as-sebi-bars-260-entities-for-money-laundering-tax-evasion

Market Expert welcomes step as SEBI bars 260 entities for money laundering & tax evasion

New Delhi, Dec 20 (ANI): Market Expert Sunil Shah on Saturday welcomed the step as The Securities and Exchange Board of India (SEBI) banned 260 entities, including two companies, their promoters, brokers and a clutch of investors, from accessing the securities markets. The SEBI has accused them of misusing the stock exchanges to generate long-term capital gains of around Rs 485 crore, thus converting unaccounted cash into legitimate money. While SEBI would further probe these cases, it has also decided to refer the matter to the Income Tax Department, Enforcement Directorate, Financial Intelligence Unit, among other agencies, for necessary actions on their part. Shah said that this will make Indian market more transparent and trust worthy. Dec 20, 2014
maharashtra-irrigation-scam-politicos-react-after-fadnavis-gives-nod-for-probe-against-ajit-pawar

Maharashtra irrigation scam: Politicos react after Fadnavis gives nod for probe against Ajit Pawar

New Delhi, Dec 13 (ANI): Politicos reacted on Saturday after Maharashtra Chief Minister Devendra Fadnavis gave his nod for probe against former Deputy Chief Minister Ajit Pawar and NCP’s Maharashtra unit president Sunil Tatkare, in the alleged irrigation scam worth `26,000 crore. BJP leader GVL Narsimha Rao said that he feels Maharashtra government has fulfilled the promises it made to the people before polls. Congress leader Rashid Alvi said that the government can give a nod for the probe but shoudn’t order probe out of hatred or for taking any kind of revenge. NCP leader DP Tripathi, however, claimed he is confident that all the NCP leaders will be given clean chit in the irrigation scam. Dec 13, 2014
admiral-rk-dhowan-on-ins-sindhurakshak

Admiral RK Dhowan on INS Sindhurakshak

New Delhi, Dec 4 (ANI): Indian Navy Chief Admiral RK Dhowan on Thursday said that inquiry is still on over the unfortunate explosions in INS Sindhurakshak and all aspects are being analyzed. Dhowan on Wednesday had indicated that human error could also be one of the reasons that led to the destruction of India_s frontline conventional submarine INS Sindhurakshak that was gutted and sank after multiple explosions at the Mumbai naval dockyard on August 14, 2013. Dec 4, 2014
india-celebrates-43rd-navy-day

India celebrates 43rd Navy Day

New Delhi, Dec 4 (ANI): A series of operational displays would be held to celebrate the Navy Day on Thursday, commemorating the Indian Navy_s successful operation on Karachi Harbour during the 1971 Indo-Pak war. Navy Chief Admiral RK Dhowan stated that the personnel of the Navy rededicate themselves to the service of the nation on this day. Dec 4, 2014