New York: A hotelier and former banker of Indian origin has admitted in a federal court to defrauding an investor of $500,000 and now faces a prison sentence, according to a federal prosecutor in Tennessee.Rajesh
New Delhi: Worried over corporates defrauding revenue by mergers and acquisitions, the Finance Ministry has asked its officials to ensure that such deals do not result in loss to the exchequer.The revenue officials, CBDT said
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