MNS leader Bala Nandgaonkar had at 12.30 pm announced a show of strength outside the ED office to protest the central agency’s summons to Thackeray. read more

The summons issued on Sunday prompted angry reactions from MNS workers, who even declared a bandh in Thane. read more

IL&FS gave loans and made equity investments worth \u20B9860 crore in Kohinoor CTNL, a firm started by Joshi, Shirodkar and Thackeray in 2005. read more

The enforcement directorate (ED) arrested Karunakaran, former managing director of IL&FS Transportation Networks (ITNL), and Saha, former joint managing director of IL&FS, arrested on June 19 for their alleged role in money laundering. read more

MNS leader Bala Nandgaonkar had announced a show of strength outside the ED office to protest the central agency’s summon to Raj Thackeray. read more

The IL&FS group has dues amounting to around \u20B991,000 crore and was taken over by the Indian government late last year after it defaulted on some of its debt. read more

MNS chief Raj Thackeray Thackeray has been asked to join the probe on Thursday while Unmesh Joshi is likely to be questioned today. read more

ED on Friday said the actions taken by a committee of directors (CoDs) of Infrastructure Leasing & Financial Services (IL&FS) were merely a sham and disguised. read more

ED said a prosecution complaint or charge sheet has been filed under provisions of the Prevention of Money Laundering Act (PMLA) before a special court in Mumbai on Friday.The central agency also issued a provisional order for attachment of assets. read more

Bankers present at the workshop said that they had no problem funding those projects that were deemed viable and where the title of the projects and the track record of the promoters were clean. read more

The slump in India, along with a simultaneous slide in Chinese auto sales, is a blow for automakers wrestling with higher costs driven by more stringent emission norms and a push to develop electric cars. read more

Sensex down 4.86%, Nifty 5.69% in sharpest monthly decline since last October. read more

Sector rates are different from circle rates. Authorities like the housing board and the Ghaziabad Development Authority initially sell the property on the basis of sector rates. Then, the district magistrate proposes the circle rates, which forms the... read more

The reason being the realization that the new tax rate applies not just to the super rich but also to trusts -- a structure of choice for a large number of foreign funds that invest in the nation. read more

Union minister of housing and urban affairs, and civil aviation Hardeep Singh Puri talks about Centre’s plan to put in place a contractual framework between tenants and landlords. read more