Is Consolidated Edison Stock Underperforming the Nasdaq? Consolidated Edison stock has lagged behind the Nasdaq over the past year, and analysts remain cautious about its prospects. Barchart · Sep 17
ED chief orders action against IBC frauds, large haircuts to promoters The ED director has ordered increased action on IBC fraud cases. He also directed steps for police FIR delays in certain states. Investigators must now fast-track high-profile trials for speedy convictions. The agency will also pursue restitution of attached and confiscated assets. A cadre restructuring will enhance the ED's investigation… The Economic Times · Sep 15
Surprised over CBI FIR in Disha Salian case, says Supriya Sule Supriya Sule voiced surprise at the CBI registering an FIR in Disha Salian's death case. She alleged that federal agencies are being misused by the current government. The Bombay High Court had ordered a CBI probe into Salian's death earlier. Disha Salian died in June 2020, followed by Sushant Singh… The Economic Times · Sep 14
Supreme Court to hear on Sep 15 IAS officer's plea to quash cognisance order in money laundering case The Supreme Court will hear IAS officer Pooja Singhal's plea on September 15. She challenges a Jharkhand High Court order dismissing her petition. The plea seeks to quash a money laundering case cognisance order. Singhal was arrested by the Enforcement Directorate in May 2022. The case involves an alleged Rs… The Economic Times · Sep 12
Harish Rawat steps down from Congress posts after cash, gold recovered from his PA Senior Congress leader Harish Rawat resigned from all party posts on Saturday. This decision followed Enforcement Directorate raids on his personal assistant's house. Cash and jewelry were recovered during the searches conducted on Thursday. Rawat stated his move aims to protect the party's election campaign. He expressed a desire not… The Economic Times · Sep 12
Vijay Mallya continues to evade Indian law, recovery of assets doesn't absolve him: ED Vijay Mallya continues to evade legal processes in India. The Enforcement Directorate stated debt recovery does not absolve him of charges. Properties worth over fourteen thousand crore rupees were handed to banks. Mallya left India in March 2016 and remains elusive. Money laundering charges persist despite substantial asset restoration. The Economic Times · Sep 11
Delhi court orders framing of money laundering charges against Lalu Prasad, son Tejashwi A Delhi court ordered framing of money laundering charges against Lalu Prasad Yadav and six others. The court found strong suspicion against seven individuals for money laundering offenses. This case stems from the alleged IRCTC scam during Lalu Prasad's railway ministry tenure. The Enforcement Directorate registered a criminal case based… The Economic Times · Sep 10
M K Stalin responds to CM Vijay's jaw gesture, recalls MISA agony M.K. Stalin addressed the controversy surrounding Chief Minister Vijay's jaw gesture in the Assembly. He detailed his severe physical abuse and imprisonment during the Emergency period. Stalin confirmed the truth of his MISA detention and the harsh prison conditions he endured. He dismissed corruption allegations as politically motivated lies spread… The Economic Times · Sep 10
ED raids Jarkiholi, MP daughter; Congress alleges targeting of Opposition leaders Central agencies are being used to threaten opposition leaders, according to Karnataka Congress president B K Hariprasad. The Enforcement Directorate searched premises linked to state minister Satish Jarkiholi and his daughter. Hariprasad questioned the targeting of Jarkiholi and the lack of raids on his BJP-affiliated brothers. The Supreme Court has… The Economic Times · Sep 9
‘I am legally prohibited from leaving’: Vijay Mallya fights back against the ‘bhagoda’ tag Vijay Mallya asserts he is legally barred from leaving the United Kingdom. He claims the Indian government has treated him with gross injustice. Mallya states banks have recovered significant funds against his debt. He questions his fugitive label and media portrayal as a fraudster. The Enforcement Directorate reportedly released funds… The Economic Times · Sep 9
IRCTC names Paytm among platforms driving 28% of online railway ticket bookings Nearly twenty-eight percent of Indian railway tickets are booked through third-party platforms. This significant share includes major players like Paytm and MakeMyTrip. IRCTC Rail Connect app and website handle the majority of online bookings. Paytm's consumer business shows strong growth in UPI transactions and users. Railways remain a resilient online… The Economic Times · Sep 8
92 National Film Award winners to be felicitated at Statue of Unity, special German aluminum structural dome to be erected The 72nd National Film Awards will honor 92 winners on September 22, 2026. This prestigious ceremony will take place at the Statue of Unity in Gujarat. It marks the first time the event is held outside of Delhi. A German aluminium dome will be erected for the grand national event.… The Economic Times · Sep 8
ED finds Rs 60cr 'financial irregularities' in TMC MP-linked newspaper during 24-hour-long searches Enforcement Directorate detected Rs 60 crore financial irregularities in an Urdu newspaper. Searches were conducted for over 24 hours at premises linked to the TMC MP. Financial records and digital documents are being examined to establish transaction trails. The agency is probing alleged illegal financial transactions and hawala channel routing.… The Economic Times · Sep 8
DVAC names DMK leader K N Nehru, brothers in Rs 1,020 cr corruption case The DVAC registered an FIR naming K N Nehru as prime accused in a corruption case. The case involves Rs 1,020 crore related to tender manipulation and bribe collection. Nehru's brothers and two former legislators are also named in the FIR. The DVAC report alleges illegal gratification was collected as… The Economic Times · Sep 8
The Economic Times · Sep 7 CBI files additional chargesheet against former executives of Reliance ADAG, escalating the ongoing investigation The CBI filed a supplementary chargesheet in the Reliance Commercial Finance scam case. Three ex-executives from Reliance ADA Group were named in the new charges. Fourteen more entities, including eight companies, were also included in the filing. Six bank officials from three different banks are also accused in this case.…
The Economic Times · Sep 7 ED raids TMC MP Nadimul Haque's residence among 7 places in West Bengal, Delhi, Jharkhand in money laundering case The Enforcement Directorate conducted searches at seven locations across three states. These searches targeted TMC MP Nadimul Haque and an Urdu newspaper. The investigation concerns alleged money laundering and promoting communal disharmony. Officials are gathering evidence related to financial transactions and suspicious funding. The probe is proceeding under the Prevention…
The Economic Times · Sep 7 CM Vijay loses cool, says personal attacks against women 'unacceptable' amid Trisha remark controversy Tamil Nadu Chief Minister C. Joseph Vijay hit out at "double-meaning" and abusive language against women during his reply to the demand for grants for the police department in the state Assembly. He also cited an Enforcement Directorate letter to renew allegations over party funds collected during the DMK regime,…
The Economic Times · Sep 3 Ganga water level crosses warning mark in Varanasi, rises at 2 cm per hr The Ganga river's water level in Varanasi has now surpassed the warning mark. Officials are closely monitoring flood-affected areas along the Ganga and Varuna rivers. District administration and police reviewed arrangements for displaced people and relief camps. They ensured essential services and security measures were in place for residents. Authorities…
The Economic Times · Sep 2 Finance Ministry asks state-owned general insurers to focus on profitable lines of business Public sector insurers must focus on profitable business lines and lower incurred claim ratios. Greater technology use and digitalisation are encouraged for operational efficiency. Improved customer outreach and social media engagement will enhance product awareness. Companies should increase insurance penetration and reduce protection gaps. Performance monitoring will be strengthened through…
The Economic Times · Sep 2 Layoffs at Uber; Astrobase eyes fresh fundraise Uber will cut thousands of jobs in a restructuring move. This and more in today’s ETtech Top 5.
The Economic Times · Sep 2 ED raids 12 places across four states in Cyprus-based betting platform Parimatch probe The search operation is continued by the ED's Mumbai zonal office under section 17 of PMLA, 2002, which grants authorised officers the power to conduct search and seizure operations if they have documented reasons to believe that a person is involved in money laundering or possesses proceeds of crime, covering…
The Economic Times · Aug 30 Karnataka Governor accepts Nagendra's resignation as minister Karnataka Governor Thaawarchand Gehlot accepted Minister B Nagendra's resignation. This resignation followed allegations in an Rs 89 crore corporation scam. Nagendra stated he resigned voluntarily to protect the party and government. The opposition BJP-JD(S) had intensified criticism and protests against the legislator. The CBI's plea for prosecution sanction also influenced…
The Economic Times · Aug 29 "Nagendra's resignation victory for Dalits, not BJP alone", says Karnataka LoP R Ashoka Karnataka Leader of Opposition (LoP) R Ashoka on Saturday said that Congress leader B Nagendra's resignation from the state cabinet was the outcome of sustained pressure by the BJP-JD(S) alliance and called it a "victory for the entire Dalit community" rather than the opposition party alone.
The National (Scotland) · Aug 29 The advice PSV coach has offered Joel van den Berg ahead of Celtic transfer The advice PSV coach has offered Joel van den Berg ahead of Celtic transfer
The Economic Times · Aug 28 DHFL case: ED freezes bank deposits worth Rs 51.75 crore The Enforcement Directorate froze bank deposits worth over fifty-one crore rupees. This action is part of a fresh probe into a massive bank loan fraud. The investigation involves Dewan Housing Finance Corporation Limited and its promoters. An immovable asset in the United Kingdom was also found to be involved.