German GP axed from calender: Germany follows France into F1 pits
Mar 21, 2015 at 10:49 | Source:
The absence of Germany from this year's Formula One calendar, confirmed on Friday, would have been utterly unthinkable a decade ago.When Michael Schumacher was king of the ring, adored by an army of red-shirted Ferrari fans as seven-times world champ...
Bring CBI under independent Lokpal: Prashant Bhushan
Mar 19, 2015 at 22:32 | Source:
New Delhi: The CBI cannot be given total autonomy and should be brought under the administrative control of a totally independent Lokpal, AAP leader and senior advocate Prashant Bhushan said on Thursday.Speaking at the launch of the book "CBI In...
Coal block scam: CVC submits final report on closure of PEs
Feb 09, 2015 at 19:47 | Source:
New Delhi: The Central Vigilance Commission has submitted its final report on closure of several Preliminary Enquiries registered by CBI in the multi-crore coal blocks allocation scam."The Commission has completed its work assigned by the apex c...
Mumbai Next: Anil Ambani seeks faster, transparent decision making
Feb 06, 2015 at 15:55 | Source:
Mumbai: Industrialist Anil Ambani said his telecom investments have suffered due to an indecisive bureaucracy and asked Maharashtra Chief Minister Devendra Fadnavis to have a system that protects officials from investigative agencies for faster decis...
CVC strengthens mechanism to oversee functioning of CBI
Jan 30, 2015 at 15:17 | Source:
New Delhi: Citing Coalgate and other highly sensitive cases, the Central Vigilance Commission has strengthened its superintendence over the functioning of CBI, including carrying out in-depth review of progress of probe in cases of "grave or ser...
Bihar suffered revenue loss of Rs 1,403 crores in 2013-14, says CAG report
Dec 24, 2014 at 20:40 | Source:
Patna: A Comptroller and Auditor General (CAG) report on Wednesday said Bihar government suffered a revenue loss of Rs 1,403.8 crore in 2013-14 due to various reasons including under-assessment and non-levy or short levy of taxes.The loss of revenue ...
CVC constitutes panel to decide on pending cases against corrupt officials
Dec 24, 2014 at 15:25 | Source:
New Delhi: The Central Vigilance Commission has decided to constitute a committee of experts to review pending cases referred to it by CBI for sanction of prosecution against corrupt government officials.It has sought applications from retired person...
Sky sells majority stake in Sky Bet
Dec 05, 2014 at 02:32 | Source:
Satellite broadcaster Sky has sold a majority stake in Sky Bet, valuing the gambling operation at £800m. The Leeds-based operation, which includes sites such as Sky Vegas and Sky Bingo, is being bought by private equity group CVC Capital Partners. S...
Smaller F1 teams send Bernie a gentle reminder: We want more money
Nov 18, 2014 at 14:14 | Source:
Formula One's smaller teams have written to Bernie Ecclestone to press demands for a bigger share of the sport's considerable revenues.Force India deputy principal Bob Fernley told Reuters a letter had been sent on Monday to commercial supremo Eccles...