[

shell company

]
FILE PHOTO: Ben van Beurden, chief executive officer of Royal Dutch Shell, speaks during the 26th World Gas Conference in Paris, France, June 2, 2015. REUTERS/Benoit Tessier/File Photo(REUTERS)

Shell to speed up emissions cuts, says oil output peaked

PTI | , London
PUBLISHED ON FEB 12, 2021 11:27 AM IST
Royal Dutch Shell, which built its brand exploring for oil and natural gas in Africa, South America and the North Sea, said Thursday that the company's oil production peaked in 2019 and is expected to decline by 1 per cent to 2 per cent annually.
The Income Tax department started the raids on Friday at Guwahati, Digboi and Margherita in Assam and also at several places in Delhi(Representational Photo/MINT)
The Income Tax department started the raids on Friday at Guwahati, Digboi and Margherita in Assam and also at several places in Delhi(Representational Photo/MINT)

IT raids on Assam coal traders at 21 places reveal tax fraud of over Rs 150 cr

Hindustan Times, Guwahati | By Utpal Parashar
PUBLISHED ON DEC 07, 2020 10:11 PM IST
The main allegation against the coal traders was that they had routed accommodation entries of more than Rs 85 crore in the form of non-genuine share capital and unsecured loans through certain Kolkata-based shell companies by suppression of true net profit.
Enforcement Directorate
Enforcement Directorate

BPSL CMD diverted funds to arrange tax-free income: ED

Hindustan times, New Delhi | By Neeraj Chauhan
UPDATED ON JAN 19, 2020 12:03 AM IST
The charge sheet says that Singal asked a Delhi-based stock broker whom he knew for the past 15 years to help him create LTCGs.
HT Image
HT Image

Delayed flat possession: 15th FIR registered against Panchkula builder

HT Correspondent | By HT Correspondent, Panchkula
PUBLISHED ON DEC 06, 2019 01:01 AM IST
The Enforcement Directorate has attached several properties of meat exporter Moin Qureshi in connection with a money laundering case .(HT PHOTO)
The Enforcement Directorate has attached several properties of meat exporter Moin Qureshi in connection with a money laundering case .(HT PHOTO)

ED attaches properties including farm house, old fort of meat exporter Moin Qureshi

Hindustan Times, New Delhi | By Neeraj Chauhan
PUBLISHED ON SEP 17, 2019 06:40 PM IST
Meat exporter Moin Qureshi who is accused of laundering money through shell companies allegedly paid off investigators and officers .
According to the ED’s investigation, Shaikh incorporated multiple companies and collected an amount of approximately Rs 5,600 crore as unauthorized deposits from around 1.72 lakh investors.(HT image)
According to the ED’s investigation, Shaikh incorporated multiple companies and collected an amount of approximately Rs 5,600 crore as unauthorized deposits from around 1.72 lakh investors.(HT image)

Ponzi scam: ED attaches Rs 300 crore assets of Telangana group

MUMBAI | By HT Correspondent
UPDATED ON AUG 17, 2019 05:36 AM IST
Earlier this year, the ED started investigating the matter under the Prevention of Money Laundering Act (PMLA), on the basis of a first information report (FIR) at the central crime station in Hyderabad.
Delhi court had last week issued a non-bailable arrest warrant against Ratul Puri.(twitter photo)
Delhi court had last week issued a non-bailable arrest warrant against Ratul Puri.(twitter photo)

I-T attaches Ratul Puri’s assets

Hindustan Times,New delhi | By HT Correspondent
UPDATED ON AUG 12, 2019 10:42 AM IST
Delhi court had last week issued a non-bailable arrest warrant against Ratul Puri in connection with an Enforcement Directorate (ED) probe of alleged bribery in the R3,600 crore AgustaWestland helicopter deal.
VVIP chopper scam accused Rajiv Saxena.(PTI Photo)
VVIP chopper scam accused Rajiv Saxena.(PTI Photo)

VVIP chopper case: In fresh raid, I-T finds bloated invoices for $6mn

Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON AUG 01, 2019 01:40 AM IST
This is the second major search and seizure operations conducted recently against people having links with Dubai-based operator Saxena, who was extradited in India in January this year, the officials said.
The income tax (I-T) department has “provisionally” attached equity shares worth Rs 254 crore related to companies of businessman Rahul Puri.(PTI Photo)
The income tax (I-T) department has “provisionally” attached equity shares worth Rs 254 crore related to companies of businessman Rahul Puri.(PTI Photo)

I-T attaches shares worth Rs 254 cr of Ratul Puri’s firm

Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON JUL 31, 2019 06:12 PM IST
The action came after the department found that the transaction was made through shell companies involving a suspect in the AgustaWestland chopper scam, government officials said.
One official with direct knowledge of the matter said on condition of anonymity that Net Ram was “negotiating” a LS ticket from a party. Two other officials confirmed that the former bureaucrat “was interested in getting a ticket from the BSP”.(Picture for representation)
One official with direct knowledge of the matter said on condition of anonymity that Net Ram was “negotiating” a LS ticket from a party. Two other officials confirmed that the former bureaucrat “was interested in getting a ticket from the BSP”.(Picture for representation)

Retd IAS officer Net Ram under tax probe sought BSP ticket for Lok Sabha polls

Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON MAR 15, 2019 05:05 AM IST
Retired IAS officer Net Ram, principal secretary to Mayawati during one of her stints as Uttar Pradesh chief minister, was in talks with her BSP to contest as a party candidate in the Lok Sabha elections, income tax officials who raided his premises said on Thursday.
A plate of the Geneva office of the law firm Mossack Fonseca is seen in Geneva.(AFP)
A plate of the Geneva office of the law firm Mossack Fonseca is seen in Geneva.(AFP)

United States indicts 4 men charged in Panama Papers investigation

New York | By Associated Press
UPDATED ON DEC 05, 2018 07:40 PM IST
The Panama Papers include a collection of 11 million secret financial documents that illustrated how some of the world’s richest people hide their money.
The CBI has charged Satyendra Jain of amassing disproportionate assets to tune of Rs 1.47 crore.(HT/File Photo)
The CBI has charged Satyendra Jain of amassing disproportionate assets to tune of Rs 1.47 crore.(HT/File Photo)

CBI files chargesheet against Delhi minister Satyendra Jain, wife and 4 others in disproportionate assets case

New Delhi | By HT Correspondent
UPDATED ON DEC 04, 2018 08:39 AM IST
The CBI on Monday said it has filed a chargesheet against Delhi minister Satyendra Jain, his wife Poonam Jain and four other alleged business associates on charges of amassing assets disproportionate to his known sources of income.
Nirav Modi at his office in Lower Parel, in Mumbai , in August 2016, two years before his fall.(Aniruddha Chowdhury/Mint)
Nirav Modi at his office in Lower Parel, in Mumbai , in August 2016, two years before his fall.(Aniruddha Chowdhury/Mint)

Nirav Modi’s bank fraud fueled by FedEx’d gems: Report

Bloomberg | By Josh Saul
UPDATED ON AUG 31, 2018 07:38 AM IST
Billionaire jeweller Nirav Modi’s companies involved in fraudlent transactions called round-tripping, says US bankruptcy examiner.
The Bombay high court refused bail to Mohammed Farooq Mohammed Hanif Shaikh, the purported kingpin who laundered more than Rs 2,200 crore in foreign remittances scam.(Bhushan Koyande/HT PHOTO)
The Bombay high court refused bail to Mohammed Farooq Mohammed Hanif Shaikh, the purported kingpin who laundered more than Rs 2,200 crore in foreign remittances scam.(Bhushan Koyande/HT PHOTO)

Rs 2000-cr foreign remittance scam: HC denies bail to kingpin

Hindustan Times, Mumbai | By HT Correspondent, Mumbai
PUBLISHED ON AUG 26, 2018 03:32 AM IST
The Bombay high court refused bail to Mohammed Farooq Mohammed Hanif Shaikh, the purported kingpin who laundered more than Rs 2,200 crore in foreign remittances scam.
The Bombay Stock Exchange (BSE) building is pictured next to a police van in Mumbai, India, August 24, 2015. India's benchmark BSE index fell more than 5 percent on Monday to their lowest in a year, as a rout in Chinese equities sparked widespread unrest in global financial markets. REUTERS/Danish Siddiqui(REUTERS)
The Bombay Stock Exchange (BSE) building is pictured next to a police van in Mumbai, India, August 24, 2015. India's benchmark BSE index fell more than 5 percent on Monday to their lowest in a year, as a rout in Chinese equities sparked widespread unrest in global financial markets. REUTERS/Danish Siddiqui(REUTERS)

Amid crackdown on shell firms, BSE to delist 222 companies from Wednesday

Press Trust of India, Mumbai | By Press Trust of India
UPDATED ON JUL 03, 2018 05:44 PM IST
SEBI had directed exchanges to act against 331 suspected shell companies, while the government has already deregistered more than 2 lakh firms that have not been carrying out business activities for long..
A view of the Yamuna Expressway in Noida.(HT File Photo)
A view of the Yamuna Expressway in Noida.(HT File Photo)

Rs 126cr land scam: UP cops arrest former CEO of Yamuna Expressway firm in MP

Hindustan Times, Bhopal | By HT Correspondent, Bhopal
UPDATED ON JUN 23, 2018 04:56 PM IST
The former CEO of Yamuna Expressway Industrial Development Authority (YEIDA) and others were charged with causing a loss of Rs 126 crore to YEIDA by purchasing unnecessary 57 acres of farm land through several shell companies whose boards had his relatives as members.
CBI said the company allegedly siphoned off the funds for extraneous uses and caused wrongful loss of Rs 102.87 crore (approx.) to the bank.(Bloomberg)
CBI said the company allegedly siphoned off the funds for extraneous uses and caused wrongful loss of Rs 102.87 crore (approx.) to the bank.(Bloomberg)

CBI files charge sheet against industrialist AC Muthiah in graft case

Press Trust of India | By Press Trust of India, New Delhi
PUBLISHED ON JUN 08, 2018 09:29 PM IST
The promoters of First Leasing Company of India (FLCI) AC Muthiah, then chairman, and Farouk Irani, then managing director, have been charged by the agency with criminal conspiracy, cheating, forgery and destruction of evidence in the document filed before a Chennai special court
Bihar deputy chief minister Sushil Kumar Modi.(Mohd Zakir/HT File Photo)
Bihar deputy chief minister Sushil Kumar Modi.(Mohd Zakir/HT File Photo)

Sushil Modi accuses Lalu Prasad and family of acquiring prime property through shell company

Press Trust of India, Patna | By Press Trust of India
UPDATED ON APR 28, 2018 11:54 PM IST
Shusil Modi claimed the BJP had earlier highlighted the alleged purchase of a prime property by Prasad and his family members through ‘Fairgrow Pvt Ltd’, though it was not clear then as to where the fixed asset was located.
A Nirav Modi showroom is pictured in New Delhi on February 15, 2018.(Reuters)
A Nirav Modi showroom is pictured in New Delhi on February 15, 2018.(Reuters)

Nirav Modi laundered Rs 6,000 crore in just one year, chargesheet soon: ED

New Delhi, Hindustan Times | By P Suchetana Ray
UPDATED ON APR 05, 2018 04:51 PM IST
The Punjab National Bank has accused Nirav Modi and Mehul Choksi of committing a fraud of around Rs 13,000 crore in the issuance of letters of undertaking and foreign letters of credit from Mumbai’s Brady House branch between 2011 and 2017.
People walk past as a CBI team seals the Punjab National Bank’s South Mumbai branch at Brady House in Mumbai.(PTI File Photo)
People walk past as a CBI team seals the Punjab National Bank’s South Mumbai branch at Brady House in Mumbai.(PTI File Photo)

ED analysing 120 shell companies in PNB fraud case: Govt

Press Trust of India, New Delhi | By Press Trust of India
UPDATED ON MAR 23, 2018 08:23 PM IST
The state-owned PNB has been defrauded of over $ 2 billion by fraudulent use of Letters of Undertaking (LoUs) allegedly by Nirav Modi and his associates.
SHARE
Story Saved