SC to hear Mallya’s plea on properties 2 August

The Supreme Court today agreed to hear on 2 August a plea of fugitive economic offender Vijay Mallya challenging the confiscation of properties belonging to the companies owned by him and his family members. Continue Reading

UIDAI to get more powers with Aadhaar amendments

Aadhaar-issuing authority UIDAI is proposed to assume a regulatory role with enhanced power to take enforcement actions on misuse of the national biometric ID and impose stiff penalties for violations such as failure to obtain consent for authentication and in case of data breaches, a top source said, PTI reported. Continue Reading

Will appear before ED after Parliament session: TDP MP

Former Union minister and TDP MP Y S Chowdary Sunday said he would appear before the Enforcement Directorate (ED), which has summoned him in connection with an alleged Rs 5,700-crore bank loan fraud case on 27 November, after the upcoming Winter Session of Parliament. Continue Reading

HC slams banks for granting loan to corporates sans security

The Madras High Court slammed public sector banks Monday for granting crores of rupees as loans without sufficient security to several firms. Continue Reading