Posted on January 07, 2018, No Comments admin India is the largest democracy in the world. However, despite strengthening various institutions for the last seven decades, India has not been able to evolve a transparent political funding system. Elections and political parties are a fundamental feature of Parliamentary democracy. Elections cost money. The round the year functioning of the political parties involves a large expenditure. Parties…
EC raise concerns over electoral bonds
India’s new campaign finance rules allowing anonymous donations have reduced transparency in political funding, the Election Commission of India said, according to people familiar with a filing in the
Why Tech Mahindra shareholders lost Rs 7,000 crore
The operating margin took a hit due to a $20 million impact from the company's exit from a networking business contract. Another $15 million hit was on account of "reprofiling" which were explained as reverses due to renegotiating of contracts by cash-strapped clients.
Supreme Court orders seizure of Jaya’s assets to recover Rs 100 crore fine
A Supreme Court bench of Justices Pinaki Chandra Ghose and Amitava Roy said, “We are of the opinion that the order of confiscation/forfeiture of properties standing in the name of six companies, as involved, made by the trial court is unexceptionable.”
Rs 100 crore earmarked for funding TOPS athletes for 2020 Olympics: SAI
More sports News: The Sports Ministry has earmarked Rs 100 crore for the funding of athletes under the Target Olympic Podium Scheme (TOPS) for their preparations for 20
Pay Rs 10 crore for environmental damage, NGT tells Ansals
GURUGRAM: The National Green Tribunal (NGT) has directed Ansal Buildwell and its sister concerns, Aadharshila Towers Private Ltd and Rigoss Estate Net.
BCCI set to contribute Rs 20 crore for welfare of armed forces
Cricket News: It has been learnt that BCCI brass plans to invite senior dignitaries from the Indian armed forces (Army, Air force and Navy) on the day of the IPL op
Will comply with NGT order to deposit Rs 100 crore: Volkswagen
Auto News: Reiterating that all its cars conform to emission norms in India, German auto major Volkswagen Thursday said it will comply with the NGT order and dep
BEST lost over Rs 20 crore during recent bus strike
Request for postponement of National Games will attract a penalty of Rs 10 crore: IOA
More sports News: Indian Olympic Association (IOA) on Wednesday made it clear that it will impose a fine of Rs 10 crore on the organising committee if the 36th National
Pay Rs 20 crore by November 30, AAI to SpiceJet on dues
India Business News: MUMBAI: The Airports Authority of India (AAI) has served a notice to Ajay Singh-controlled budget carrier SpiceJet, asking it to pay Rs 20 crore by No.
Techie held for cheating businessmen of over Rs 10 crore
A 40-year-old software engineer has been arrested by Bagalagunte police for allegedly cheating several businessmen of over Rs 10 crore after promising
Bitcoin fraud: How investors lost Rs 22,000 crore
India Business News: It was too good a deal — earn 1% daily interest and double your money in 100 days. Too good to be true, hordes of rich investors in Gujarat realised a
AAP government to give Rs 1 crore each to kin of 20 martyrs
During his Independence Day speech, chief minister Arvind Kejriwal had said: "The martyrdom of the soldiers is invaluable.The country will always rema
RWAs in NDMC area get Rs 10 crore to spend
NEW DELHI: The NDMC had allocated Rs 10 crore to resident welfare associations in its budget for development work.
How Indians gift Rs 5,000 crore to LIC every year
India Business News: In 2016-17, LIC sold Rs 22,178.15 crore worth of regular premium policies, which is 44 per cent of what the entire industry sold. Extrapolating the 25