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April 27, 2018

Governance

Allegations against ICICI Bank pose reputational risks

ewsroom24x7 Network Mumbai/Singapore: An investigation into allegations that India’s ICICI Bank (BBB-/Stable/bbb-) extended a loan with a potential conflict of interest raises questions over the bank’s governance and creates reputational risks, says Fitch Ratings. According to Fitch, other regulatory sanctions are also possible, depending on the outcome of the investigation. The allegation regarding ICICI Bank

Government forced to withdraw “Guidelines for accreditation of Journalists amended to regulate Fake News”

Newsroom24x7 Network New Delhi: Confronted with massive condemnation and anger that swept across the journalistic fraternity against a decision of the Central Government that was being viewed as an attempt to gag the media, the Union Ministry of Information and Boardcasting was today compelled to issue a statement to announce that “Guidelines for accreditation of

Universities should suo-motu put in public domain the guidelines for revaluation of the answer-sheets in larger public interest

Newsroom24x7 Network An open government, which is the cherished objective of the RTI Act, can be realised only if all public offices comply with proactive disclosure norms. Section 4(2) of the RTI Act mandates every public authority to provide as much information suo-motu to the public at regular intervals through various means of communications, including

RTI query on caste reservation in Education: CIC takes serious note of casual reply by MHRD

Newsroom24x7 Network New Delhi: The Central Information Commission has taken serious note of a routine and casual reply furnished by the Ministry of Human Resource Development in reponse to an RTI application seeking information on three queries seeking details of the provision of caste reservation, if any in the education sector under the Constitution of

19 sentenced in fodder scam case, Lalu gets 14 years in jail

Newsroom24x7 Network Ranchi: The Special Judge Ranchi today sentenced  RJD chief and former Bihar Chief Minister Lalu Prasad Yadav 14 years in jail along with 18 other accused in the fodder scam case. Lalu has got two sentences of 7 years each under different sections of IPC and the Prevention of Corruption Act.Both these sentences

Punjab National Bank Chief Vigilance Officer was awarded for excellence by CVC

Newsroom24x7 Network New Delhi: The Rs 11000 crore scam tainted Punjab National Bank Chief Vigilance Officer S.K.Nagpal received  the Chief Vigilance Commissioner’s Award for ‘Outstanding’  achievement  in  “Timely  Completion  of  Disciplinary  Proceedings” in 2007. The award  was  given  to  Nagpal, who took the credit for  completing  92%  of the  total  disciplinary  proceedings  within  the  prescribed 

PNB and Foreign Letters of Credit scam: CBI registers case

Newsroom24x7 Network Mumbai: The Central Bureau of Investigation has registered a case on 15 February 2018 under section 120B read with 420 of IPC and 13(2) read with 13(1)(d) of Prevention of Corruption Act against a Managing Director of a private company based at Walkeshwar, Mumbai; three Mumbai based private companies; 10 Directors of three

Raja, Kanimozhi and others acquitted in 2G scam case

Newsroom24x7 Network New Delhi: What is being described by different sections of people as a scathing censure of the CBI is the verdict of the Special CBI Court acquitting former Union telecom minister A Raja and M Kanimozhi of the DMK, who were among 17 people charged and tried in the infamous 2G scam case.

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