The committee will meet on Friday to consider and determine the issue price for the equity shares, including a discount
Extradition of economic offenders was one of the key issues discussed in the Foreign Secretary's recent visit to the UK.
UK court accepts evidence by Indian authorities as "broadly admissible", next hearing on January 7 and 8.
Nirav Modi had fled India after allegedly siphoning off about Rs 13,0000 crore from Punjab National Bank using Letters of Undertaking in collusion with his uncle Mehul Choksi.
It is to be noted that Choksi had been living in Antigua for over a year now.
Nirav Modi is wanted in connection with Punjab National Bank fraud case.
Choksi is accused of cheating state-run Punjab National Bank to the tune of Rs 13,000 crore in alleged collusion with his nephew Nirav Modi.
This came when the lawyer was arguing before the court against the ED application to declare Modi a fugitive under the Fugitive Economic Offenders Act.
The court was hearing the Enforcement Directorate's application to declare Choksi as a 'fugitive economic offender.'
The agency has attached assets worth over Rs 700 crore of Nirav Modi and his family in the country till now.
"We have arrested Deepak Krishna Rao Kulkarni from Kolkata Airport on the basis of a Look Out Circular (LOC) issued against him late on Monday," a senior ED official told IANS.
The ED is probing this case along with the CBI where it is alleged that Nirav Modi and Choksi defrauded the Brady House branch of the Punjab National Bank in Mumbai to the tune of about $2 billion
It alleged that PDP MLA Ansari, his uncles - Amjad Abbas and Abid Hussain, and his first cousin Kumail Hussain have an outstanding balance of Rs 32.47 crore against them as on August 31, 2018.
Choksi is wanted in India over his alleged involvement in a scheme that defrauded Punjab National Bank of $2 billion.
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.
They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.
Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.
The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.
Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.
Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.
The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.