UK SFO
No Khalistani wave in Punjab: Amit Shah
There is no Khalistan wave in Punjab, and the government is keeping a close eye on the situation, said Union Home Minister Amit Shah. He applauded the efforts made by the Punjab government to combat the issue, adding that the Bharatiya Janata Party (BJP) government under Prime Minister Narendra Modi would not tolerate any attack on Indian high commissions, and strict action would be taken in accordance with Indian laws.
Air India looking to enhance collaborations with airports
"We are trying to bring in new technologies, set up new systems and working very closely with airports across the world. I have been meeting airport operators in India, JFK (New York), SFO (San Francisco), and LHR (the UK), seeking their assistance and help to collaborate because there are a lot of options for potential collaborations, which we did not use to the maximum extent," he said.
Pro-Khalistan protesters attack Indian Consulate in San Francisco; stage protest outside Australian parliament
Community leader Ajay Bhutoria strongly condemned the attack by pro-Khalistan protesters on the Consulate of India building in San Francisco. "This act of violence is not only a threat to the diplomatic relations between the United States and India but also an attack on the peace and harmony of our community," he said. In a statement, Bhutoria urged local authorities to take immediate action against those responsible for this attack and bring them to justice. "I also call on all members of our community to unite and promote peace and harmony," he said.
What makes Singapore the best place to set up a family office
The Single Family Office (SFO) structures are designed to help establishment of these Family Offices without the requirement of any license or become registered to provide fund management services to the investment vehicles held by a ultra-high net worth family.
Glencore UK subsidiary ordered to pay $310 mln over bribery
Glencore Energy UK Limited was ordered to pay a 182.9 million pound fine by Judge Peter Fraser at Southwark Crown Court, who also approved a 93.5 million pound confiscation order.
Sanjeev Gupta's Liberty Steel to sell UK plant in restructuring plan
Gupta, who heads the wider Gupta Family Group (GFG) Alliance, and his newly-formed Restructuring and Transformation Committee held advanced discussions with Credit Suisse Asset Management (CS) in Dubai over the weekend to reach a formal "standstill agreement" on its Liberty Primary Metals Australia business while refinancing is completed that will repay Credit Suisse out in full.
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JSW Steel examining bid for Sanjeev Gupta's British business: Sources
Gupta has been scrambling to refinance after his go-to source of funding, British supply chain finance firm Greensill, filed for insolvency in March.
India's JSW Steel examining bid for Sanjeev Gupta's British business: Report
JSW's interest, which extends to plants including Gupta's Adhunik steel mill in eastern India, could mark yet another chapter for Britain's steel industry, which has been privatised and sold to overseas buyers as its pre-eminence slid in lock-step with the country's manufacturing might.
UK's anti-fraud agency probes Sanjeev Gupta-led GFG Alliance
"The SFO is investigating suspected fraud, fraudulent trading and money laundering in relation to the financing and conduct of the business of companies within the Gupta Family Group Alliance (GFG), including its financing arrangements with Greensill Capital UK Ltd," an SFO statement said.
India tells UK not to provide safe haven for India's wanted criminals
The MoS conveyed to Williams that while India respects the courts and will pursue legal procedures in Britain to bring back wanted men, New Delhi expects the cooperation of the UK government.
'UK confirms Nirav Modi's presence in Britain'
Nirav Modi and his uncle Mehul Choksi are being investigated by the Enforcement Directorate for allegedly cheating PNB to the tune of more than Rs 13,000 crore.
Nirav Modi seeks political asylum in UK: Report
The CBI had in May filed two charge sheets in the case before a Mumbai court. The ED has also filed its charge sheet in the case involving Nirav Modi and his associates, officials in New Delhi said.
UK’s serious fraud office starts probe into laundering by Vijay Mallya
The UK authorities have informed India about its independent ‘formal’ probe against Mallya while seeking details of alleged money laundering and assets abroad from CBI and ED.
UK launches fraud probe into Tata Steel: Report
The Serious Fraud Office said that it was "declining to comment" on the matter. Tata Steel has also not commented on any "media speculation".
Tesco hasn’t been offered a deal by UK prosecutor, CEO Dave Lewis says
He shot down speculation the grocer was in settlement talks with UK prosecutors, saying they haven’t been offered a deal to resolve the accounting probe.
UK derivatives trader Tom Hayes gets 14-year jail for rigging Libor rate
In a landmark case, a 35-year-old derivatives trader, who had worked for UBS and Citigroup, was today jailed for 14 years by a UK court for fixing the rate of interest at which banks lend to each other, known as Libor rate.
Alstom UK unit in court over fresh bribery charges
Charges have been brought by UK's SFO, which has already charged UK subsidiary of Alstom on corruption of transport projects in India, Poland & Tunisia.
Unnamed DMRC officials got bribes from Alstom, UK court told
Britain's Serious Fraud Office (SFO) had issued legal proceedings against Alstom Network UK Limited on bribery charges in India, Poland and Tunisia.
Alstom bribery charge: Government to seek details from London
Alstom Network UK Limited allegedly paid bribes of around $ 8.5 million to win infrastructure orders in Poland, Tunisia and for the Delhi Metro.
MNC giant Alstom paid bribe to win Delhi Metro contract, UK prosecutor says
Alstom Network UK allegedly paid bribes to win infrastructure orders for Delhi Metro between 2000 and 2006, UK's leading fraud prosecutor said.
UK agency charges Alstom for corruption in India project
The UK Serious Fraud Office today started criminal proceedings against Alstom SA for alleged corruption related to large transport projects in India.
On UK request, CBI probes Metro pay-off
SFO of Britain approached CBI to verify allegations that two Indians were bribed 3 million pounds (more than Rs 30 cr) by a private company to bag a Delhi Metro contract.
Indian 'arms dealer' on CBI radar held in UK Rolls-Royce bribery case
According to preliminary information, the SFO of the UK is investigating allegations that Rolls-Royce, which makes aircraft engines, turbines etc, paid bribes in China and Indonesia to secure contracts, and that Choudhrie was the intermediary for the payments.
Under bribery Law, UK to prosecute Indian companies even if their arms fail elsewhere
The Indian companies which have business relations with Britain, raise finance or have subsidiaries there, will soon find themselves prosecutable.
CWG scam: UK firm owner may turn approver
Kalmadi may be headed for more trouble with Ashish Patel, owner of AM Cars and Films, likely to turn approver in the Queen's Baton Relay case.
CWG scam: UK firm owner may turn approver
Kalmadi can be booked for payments made to the UK firm for hire of cars, screens and portable toilets for the October 2009 function flagged off by the British Queen in London.
CWG probe: India may seek extradition of accused from UK
A team of CBI officials had recently questioned Ashish Patel, Director of UK-based AM Car and Van Hire Ltd, in London on alleged bunglings and his role in the case.
NRI among six charged with major UK mortgage fraud
Six persons, including an NRI, have been charged with offences in connection with a series of commercial mortgage frauds totalling nearly 50 million pounds.
Ranbaxy wins price rigging case in UK
Ranbaxy Laboratories Ltd on Tuesday said it has got clean chit from English Crown Court in a case relating to allegation of price rigging in drug supplies to UK's National Health Services (NHS) between 1996-2000.
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