Luxembourg diplomat seeks investments from India Inc

Last Updated: Wednesday, April 22, 2015, 22:20

In a bid to attract investments into Luxembourg, once seen as a "tax haven", its ambassador Wednesday assured industrialists and investors that his government "does not encourage money laundering."

Black money: SC asks SIT to submit status report by May 12

Last Updated: Tuesday, April 21, 2015, 17:48

The Supreme Court has asked the Special Investigation Team (SIT) on black money to submit a status report of its investigation in the money laundering case by May 12.

2G PMLA case: Court to hear final arguments from June 1

Last Updated: Friday, April 17, 2015, 22:02

A defence witness in a 2G scam- related money laundering case, in which former Telecom Minister A Raja, DMK MP Kanimozhi and 17 others are facing trial, Friday told a special court here that money transactions between several accused firms were "legal" and "genuine".

Sebi bars 129 entities; suspects money laundering, tax evasion

Last Updated: Friday, April 17, 2015, 20:41

In a fresh crackdown on suspected tax evasion and laundering of black money through stock markets, regulator Sebi on Friday barred Mishka Finance and Trading Ltd and 128 other entities from the securities market.

Brazil ruling party treasurer arrested in Petrobras probe

Last Updated: Thursday, April 16, 2015, 03:57

The treasurer of Brazil`s ruling party was arrested Wednesday for alleged money laundering and taking bribes from state oil giant Petrobras that were stuffed into backpacks, the latest blow to President Dilma Rousseff.

Satyam scam: Ramalinga Raju challenges fraud case verdict

Last Updated: Monday, April 13, 2015, 18:09

The founder of Satyam Computer Services, Ramalinga Raju, who was found guilty in an accounting fraud case and sentenced to seven years` imprisonment last week, has filed an appeal to challenge the court`s verdict.

Satyam scam: All you want to know about Ramalinga Raju

Last Updated: Thursday, April 9, 2015, 15:49

A special court on Thursday sentenced the former chief of outsourcing giant Satyam to seven years in jail over a USD 2.25 billion accounting fraud scandal dubbed "India`s Enron".

Satyam founder Raju, 9 others guilty of accounting fraud

Last Updated: Thursday, April 9, 2015, 13:16

Charges against Raju and others include criminal conspiracy and forgery of valuable security.

Satyam scam: Ramalinga Raju, 9 others sentenced to 7-year rigorous imprisonment

Last Updated: Thursday, April 9, 2015, 10:52

The special court found Raju guilty of cheating, forgery and criminal breach of trust.

Court to pronounce verdict in Satyam case today

Last Updated: Thursday, April 9, 2015, 08:34

Raju and others were charged with offences like cheating, criminal conspiracy, forgery and breach of trust under relevant sections of IPC.

Black money: SIT reviews work of probe agencies

Last Updated: Wednesday, April 8, 2015, 21:59

The Special Investigation Team (SIT) on black money Wednesday reviewed the work done by various agencies in connection with their respective probes in tax evasion, duty theft and money laundering cases.

ED attaches Rs 101 cr bank balance in Speak Asia case

Last Updated: Wednesday, April 8, 2015, 14:58

The Enforcement Directorate (ED) has attached over Rs 101 crore worth of bank balance in connection with its money laundering probe in the Speak Asia online marketing scam case.