Investigation

CBI Books DHFL’s Wadhawans In ‘Biggest Bank Fraud’ Case

NEW DELHI: The Central Bureau of Investigation (CBI) has registered one of the biggest bank fraud cases to the tune of Rs 34,615 crore against Dewan Housing Finance Ltd, its former CMD Kapil Wadhawan, director Dheeraj Wadhawan and others. The agency had carried out searches at 12 locations in Mumbai, officials said Wednesday. Wadhawans are […]

Sonia Seeks Postponement Of ED Questioning

NEW DELHI: Congress interim president Sonia Gandhi, who was discharged from hospital on Monday, has written to the Enforcement Directorate (ED) seeking postponement of her questioning by a few weeks as she has been advised rest by the doctors, party leaders said on Wednesday. The ED has asked her to appear on June 23 in […]

Bound By Code Of Conduct: Biocon Refutes Bribery Allegations

BENGALURU: India’s top biopharmaceutical company, Biocon Biologics, on Tuesday rubbished the allegations that they paid kickbacks to the tune of Rs 4 lakh to Joint Drugs Controller S Eswara Reddy to waive phase-three clinical trial of Insulin Aspart injection. “We strongly deny the allegations of bribery against the Company and its officials associated with the […]

What Does CBI FIR Say About Biocon Bribery Scandal?

NEW DELHI: In a sensational breakthrough on Monday, the Central Bureau of Investigation (CBI) filed an FIR against one of India’s premier biotech companies and officials of the government agency responsible for the approval of new drugs. The case is related to an alleged graft case involving Rs 4 lakhs to waive off the Phase […]

Biocon, CBI In War Of Words; Company Refutes Bribe Allegations

BENGALURU: India’s top biopharmaceutical company, Biocon Biologics, on Tuesday denied allegations that they paid a Rs 4 lakh bribe to Joint Drugs Controller S Eswara Reddy to waive phase-three clinical trial of Insulin Aspart injection. Insulin Aspart is Biocin Biologics’ underdevelopment product. The Central Bureau of Investigation (CBI) registered a case of criminal conspiracy and […]