The statement has been made in an undertaking/compliance affidavit filed on behalf of Anil D Ambani in a case titled EAS Sarma vs Union of India & Ors, a public interest litigation alleging a ₹1.5 lakh crore bank fraud involving companies of the Anil Ambani Group.
A Division Bench comprising Chief Justice DK Upadhyaya and Justice Tejas Karia issued notice to the Union of India through the Ministry of Finance, the Reserve Bank of India (RBI), and the National Payments Corporation of India (NPCI).
ED's Bengaluru zonal office attached these movable properties held in the names of overseas shell companies of Winzo Pvt Ltd, Winzo US Inc, USA and Winzo SG Pte Ltd, Singapore; operated and controlled by Paavan Nanda and Saumya Singh Rathore.
He said, "Ten years ago, a street vendor cannot open a bank account in Mumbai but today he can accept payments online. No address, no papers, no access and today the same vendor accepts payments on his phone India has built something no other country has built, a digital identity for 1.4
India is demonstrating significant progress across sectors such as healthcare, finance, and the creative economy, showing the world its potential for growth but it does not mean there are no challenges ahead, Curtis Chin, Former US Ambassador to the Asian Development Bank and Managing Direct
Hyderabad (Telangana) [India], February 18: Pennant Technologies, an agile and innovative financial technology company, today announced that its client, Credit Saison India, a fast-growing non-banking financial company (NBFC) backed by Tokyo Stock Exchange-listed Credit Saison Japan and an A
New Delhi [India], February 18: For generations, savings accounts have been one of the most trusted financial tools for Indians. What began as a simple way to store money safely and earn a modest return has evolved dramatically with changes in technology, lifestyle, and digital banking. The
Pakistan's external position has again come under strain during the first seven months of FY 2025-26, as a ballooning trade deficit offset improvements in remittances and services exports.
New Delhi [India], February 18: India has always been, at its heart, an agrarian economy. For millions of families, agriculture is both livelihood and legacy, passed down through generations. Given the key role that farmers play in the growth of our nation, it is only natural that any conver
Mumbai (Maharashtra) [India], February 18: AU Small Finance Bank offers an enhanced digital savings account experience designed to deliver greater convenience, transparency, and accessibility to customers across India. The initiative reflects the Bank's continued focus on strengthening perso
Bengaluru (Karnataka) [India], February 17: In a world of automated "check-the-box" technology, IBSFINtech has proven that the best financial tools are built with people in mind. Today, the company is proud to announce its positioning as a "Leader" in the world's most renowned research firm
Seven people sustained serious injuries after a 60-foot temple chariot toppled during the annual Mayana Kollai festival held on the banks of the Palar River in Vellore district. The injured have been admitted to the Government Medical College Hospital in Adukkamparai.