Lalit Modi News
Godfrey Phillips India, other KK Modi assets on sale, says Lalit Modi
Companies likely to be sold include Modicare, Modi Healthcare Placement and Twenty Four Seven StoresLalit Modi and his family own 47.09% stake in Marlboro maker Godfrey Phillips, while Philip Morris Global Brands, the owner of the Marlboro brand, owns 25.1%
2 min read28 Jan 2020Govt panel suggests amending Passport Act to prevent borrowers from fleeing country
If suggestions are accepted, it will be a step towards ensuring large borrowers are held accountable for defaulting loans
2 min read7 Aug 2018Bill to help government bring back fugitive economic offenders gets Parliament's nod
Fugitive Economic Offenders Bill, 2018, will empower the government to seize both local and overseas assets of alleged offenders, such as Vijay Mallya, Nirav Modi and Mehul Choksi
2 min read25 Jul 2018CBI seeks Interpol help to corner Nirav Modi
The request for issuing a red corner notice against Nirav Modi and Mehul Choksi has been sent by CBI to Interpol
2 min read11 Jun 2018PNB fraud: Nirav Modi flees to the UK, claiming political asylum
Nirav Modi is in London trying to claim asylum from what he calls 'political persecution', says a 'Financial Times' report
1 min read11 Jun 2018India prods UK on economic offenders
India and the UK discussed a wide range of issues, including cyber-security, organized crime, terror financing as well as a need to put in place a mechanism for timely exchange of intelligence inputs on such issues
1 min read30 May 2018Govt serious in bringing fugitive economic offenders to task: Rajnath Singh
Rajnath Singh says earlier economic offenders used to flee abroad and their properties were not seized, but now their assets will be confiscated under the bill
2 min read21 Apr 2018PNB fraud fallout: Cabinet clears Fugitive Economic Offenders Bill
Fugitive Economic Offenders Bill is aimed at deterring economic offenders like jeweller Nirav Modi and Vijay Mallya from fleeing the country or not returning to face trial
3 min read2 Mar 2018PNB fraud: Congress seeks Arun Jaitley's resignation on moral grounds
Congress leader Prithviraj Chavan claims that Nirav Modi, the alleged kingpin of the Rs11,400-crore PNB fraud, was given a 'safe passage' to leave the country
2 min read21 Feb 2018CBI won't disclose expenses incurred to bring back Vijay Mallya, Lalit Modi
CBI refuses to disclose expenses incurred to bring back to Lalit Modi and Vijay Mallya, claiming immunity from disclosures under the RTI Act
1 min read20 Feb 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared