B Teja Raju, the elder son of Saytam Computer chief B Ramalinga Raju, on Saturday took over additional charge of chief executive officer of Maytas Infra in place of P K Madhav, who was arrested on December 16, 2008 in connection with the Nagarjuna Finance depositors' case.
The Delhi High Court has dismissed a Public Interest Litigation (PIL) challenging the closure of Visakhapatnam Airport for commercial flights, directing the petitioner to approach the Andhra Pradesh High Court instead. The court cited "forum non conveniens," stating that the primary impact and cause of action lie in Visakhapatnam, where a similar PIL is already pending. The petitioner argued that the decision to close the existing airport for 30 years, transferring operations to a new airport 60 km away, was arbitrary and wasted public funds.
The family of B Ramalinga Raju, the main accused in the multi-crore fraud at Satyam Computer, has approached a local court seeking a direction to de-freeze bank accounts and return seized electronic items.
The fact it is promoted by kin of disgraced Satyam founder Ramalinga Raju is continuing to haunt Maytas Infrastructure, although it has a healthy order book of Rs 8,000 crore (Rs 80 billion) and is no longer run on a day to day basis by Teja Raju.
The latest penalties for insider trading follows an earlier disgorgement order passed by Sebi in July last year.
Long before former Satyam chairman B Ramalinga Raju admitted to a fraud of gigantic proportions, there was the Indian shipping magnate Dharma Teja who defrauded the Indian government by creating a hollow business empire and living off it. He was jailed for seven years and died soon after his release.
It earlier took 19 months to build a Tejas, now it takes 11 months, says HAL chief.
The two countries are interested in the current version of the Tejas and not the upgraded one which will be rolled out later.
From 2018-19 onwards, 16 'Standard of Preparation-18' Tejas fighters, which involves four major upgrades, will roll off the line each year.
The tribunal posted the matter for further hearing in December, when it will decide whether to admit the pleas of the Raju brothers and others against Sebi order.
Hansika Motwani and Regina Cassandra are paired opposite Ravi Teja in the movie.
According to official figures, 14 squadrons of the MiG 21, MiG 27 and MiG 29 are due for retirement in the next 10 years which will bring down the fighter squadron strength to 19 by 2027 from the current 33.
Indian Air Force on Friday raised its first squadron of the home-grown Light Combat Aircraft Tejas with the induction of two aircraft into the force at the Aircraft System Testing Establishment in Bengaluru.
"It is my first sortie in Tejas, it is a good aircraft for induction into IAF operations," Raha was quoted as saying by the aircraft maker Hindustan Aeronautics Limited.
Teja is among the 12 personalities from the Telugu film industry summoned by the SIT.
On February 17, 2009, Satyam case was handed over to CBI.
n February 2009, the CBI took over the investigation.
Vijay Deverakonda is all set to start shooting for his new film, and he has the gorgeous Sreeleela for company!
Another man who had gone to meet his daughter studying in a coaching institute there was also hit by bullets and died.
The nexus between the Telugu film industry and the drug mafia has been revealed with the Hyderabad police arresting two brothers of popular film actor Ravi Teja, along with two others. Hyderabad Police Commissioner A K Khan said that Naga Babu and Bharat Raju, both brothers of Ravi Teja, along with their friend Naresh and an Ugandan national Cheema were arrested near a hotel in Jubilee Hills on Thursday night while they were buying drugs from the foreigner.
'Such a great man is rare not only in the Telugu film industry, but in the Indian film industry as well.'
Nagarjuna hosts a star-studded reception for his son and daughter-in-law.
Will it be Chiranjeevi's Khaidi no 150 or Nandamuri Balakrishna's Gautamiputra Satakarni?
'While fighter pilots must not be sent into combat in inferior aircraft, an obsessive quest for outright combat superiority will leave an air force short of numbers,' says Ajai Shukla.
Armed with rockets and missiles, these helicopters can rain fire on the enemy in rarefied altitudes.
It incorporates most avionic hardware components promised to the Indian Navy
A look at the pictures.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'I was tense the night before the shoot; I developed cold feet. However, when I got up in the morning, I was confident and looking forward to playing Sandhya.' Niharika Konidela gets candid about her first film, Ok Manasu.
'It appears that Prime Minister Modi has to undo 50 years of State monopoly in the defence sector during which public undertakings like HAL or DRDO monopolised defence production and development with disastrous consequences.'
The Mahindra Monastery Escape 2016 is a one-of-its-kind road trip through some of India's toughest and picturesque terrain.
