NEW DELHI: The Supreme Court today made it clear that the market regulator SEBI can take action against Sahara Group for non-compliance of its directions relating to the refund of Rs 24,000 crore raised from investors through optionally fully convertible debentures (OFCDs).A bench comprising justices K S Radhakrishnan and J S Khehar said that SEBI has the duty to...

THIRUVANANTHAPURAM: High drama unfolded at the international airport here when the pilot of the Abu Dhabi-Kochi Air India flight pressed the hijack button in panic after irate passengers allegedly stormed the cockpit.The passengers created a ruckus after the Air India Express flight 4422 was diverted here due to poor visibility at its destination of Kochi and entered into argument...

NEW DELHI: RSS today said the issue of Prime Ministerial candidate is the prerogative of BJP, steering clear of Rajya Sabha MP Ram Jethmalani's remarks that it’s chief Mohan Bhagwat had agreed with his view that Narendra Modi was the best choice for the post."Meetings do take place. Whether the Sarsanghchalak was affirmative (with regard to Jethmalani's view), only...

NEW YORK: US prosecutors have sought 8 to 10 years in jail for Indian-American former Goldman Sachs director Rajat Gupta for his "shocking" insider trading crimes even as he pleaded to be spared a prison term and offered to perform "rigorous full-time" community service.Prosecutors and the former McKinsey head's defense team each submitted their sentencing memorandum in US District...

CHANDIGARH: Two top Haryana officers today sparred over cancellation of Robert Vadra-DLF land deal, with the Town and Country Planning head T C Gupta claiming there were "factual inaccuracies" in the orders by Ashok Khemka who stood by his decision and said the aggrieved parties were free to move court.Senior IAS officer Khemka, who cancelled the sale deed of...

MANGALORE: Congress leader Oscar Fernandes today accused activist Arvind Kejriwal of adopting a hit-and-run strategy by leveling charges against Robert Vadra and not taking the issue to court."Vadra has given his point of view and if anybody has anything, there are systems in place in the country. You have the Supreme Court, High Courts and Magisterial Courts. You can...

DHAKA: Bangladesh is set to honor 61 "foreign friends", including a retired Indian Colonel who rescuedand some other members of her family from captivity of Pakistani troops in 1971, for their outstanding contribution to its Liberation War."Sixty one more foreigners are expected to receive the honor this time" on October 20, Additional Foreign Secretary Mostafa Kamal told PTI.They will...

HYDERABAD/NEW DELHI: Enforcement Directorate today issued attachment orders freezing fixed deposits worth Rs 822 crore of B Ramalinga Raju, founder of scam-hit Satyam computers, and his family in connection with its probe in the money laundering case.The orders issued by the Hyderabad zonal office of the agency specify that these deposits, held in the accounts of Ms Satyam Computers...

NEW DELHI: The Supreme Court today slapped a Rs.5 lakh fine on an ex-SP MLA while dismissing as without substance his petition against Rahul Gandhi in which he had alleged that the Congress leader had confined a girl in Uttar Pradesh."The allegation is without substance and without an iota of evidence," a bench of justices B S Chauhan and...

NEW DELHI: India is expected to see a slower economic growth of 5.9 per cent in the current fiscal even as there are reasons to believe the "economy has turned the corner", an United Nations agency report said today.The UN Economic and Social Commission for Asia and the Pacific (ESCAP) said India's growth has been slowing down since 2011,...