Govt taking effective steps to tackle black money: Sinha

Last Updated: Thursday, July 30, 2015, 19:43

The government on Thursday said it's taking effective steps to deal with black money and will focus on high-impact cases with a view to prosecuting offenders expeditiously for credible deterrence against tax evasion.

Special court to fast-track prosecution cases: U K Sinha

Last Updated: Sunday, July 26, 2015, 16:46

Sebi has initiated more than 2,100 attachment proceedings in over 700 cases so far under the new powers.

SIT suggests host of tough measures to check black money

Last Updated: Friday, July 24, 2015, 23:29

Seeking a tight rein on black money, the Supreme Court-appointed SIT Friday recommended enacting tough laws to curb betting in cricket, bring donations to education and religious bodies under tax net, monitoring unusual rise in stock prices and regulating P-Notes.

SIT asks SEBI to clamp down on tax evaders, P-Note misuse

Last Updated: Friday, July 24, 2015, 22:25

Concerned over flow of black money into stock market, the Supreme Court-appointed SIT today asked regulator SEBI to compulsorily identify real owners of foreign funds coming through the controversial P-Note route and also prosecute those using equities for tax evasion.

Black money: SIT for donations to colleges, charities through cheque

Last Updated: Friday, July 24, 2015, 22:24

The SIT on black money has suggested measures to ensure donations by cheques to prevent black money generation in education sector, religious bodies and charities, and sought prosecution of those donating and accepting unaccounted money under anti-corruption law.

Black money: Curb betting in cricket, check donations, says SIT

Last Updated: Friday, July 24, 2015, 18:50

To check the black money menace, SIT Friday called for effective norms to curb betting in cricket and a stronger set of norms for P-Notes, while also making a case for bringing donations to educational and religious bodies under tax net.

Black money: Sebi must have monitoring mechanism to study rise of stocks, says SIT

Last Updated: Friday, July 24, 2015, 16:38

Submitting its recommendations on black money in its third report, the SIT said that Sebi India must study P-note misuse for money laundering.

Adani Ports raises $ 650 mn via dollar bond issue

Last Updated: Thursday, July 23, 2015, 15:07

In a BSE filing, APSEZ said "it has priced a Rule 144A/Regulation S offering of USD 650 million 3.50 senior unsecured notes due 2020."

Surplus spectrum: Pleas agnst 2G court's jurisdiction dismissed

Last Updated: Thursday, July 23, 2015, 13:34

Special CBI Judge O P Saini also imposed the cost of Rs 25,000 each on the two telecom firms M/s Hutchison Max(P) Ltd and M/s Sterling Cellular Ltd.

Adani Ports begins bookbuilding for debut dollar bond

Last Updated: Wednesday, July 22, 2015, 08:31

Adani Ports and Special Economic Zone is marketing a five-year US dollar bond to yield around 210bp over US Treasuries.

Coal scam: Court to pass order on CBI's final report on Friday

Last Updated: Thursday, July 16, 2015, 17:56

It had said they had sought information from the MoC regarding the status of request for accord of sanction to prosecute Janoti, who was earlier posted in MoC.

HC exempts Adani group from paying duty retrospectively

Last Updated: Thursday, July 16, 2015, 00:00

The Gujarat High Court on Wednesday set aside a 2010 notification of the union government which levied customs duty on electricity transfer by Adani Power Limited from its Special Economic Zone at Mundra to domestic areas with retrospective effect.