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
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
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
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
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
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
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
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.