Companies owned by fugitive diamantaire Mehul Choksi have allegedly siphoned off over Rs 6,344.96 crore from the Punjab National Bank (PNB) using fraudulent letters of undertaking and foreign letters of credit, a CBI investigation into the scam has detected. The findings were submitted by the CBI in a supplementary chargesheet filed before a special court in Mumbai last week, where the agency said the PNB was conned by its employees who were allegedly hand in gloves with Choksi and his company executives and who facilitated the scam as part of a criminal conspiracy. The PNB officials at the bank's Brady House branch in Mumbai issued 165 letters of undertaking (LoUs) and 58 foreign letters of credit (FLCs) during March-April 2017, against which 311 bills were discounted.
The arrests were made on the basis of a complaint filed by Rupa Verma on Wednesday, the chairperson of Child Welfare Committee of Ranchi district, they said.
Hasty, ill-conceived steps show how isolated Mamata Banerjee had been from the national political trend. A fascinating excerpt from Sugato Hazra's Losing The Plot: Political Isolation Of West Bengal.
Over 25,600 cases of banking fraud reported up to December 21, 2017, says Minister RS Prasad.
The duo were reportedly shooting together for film-maker Shashank Khaitan's Dharma Productions film Mr Lele.
Over 30 women activists have been detained by the police at Mandir Marg Police Station, Delhi.
The common denominator: They were predominantly Gujarati, mostly male, and either related by blood or very well-known to Nirav.
New Assam Chief Minister Himanta Biswa Sarma Monday said controlling the 'alarming' COVID-19 situation in the state is his first priority and his aim will be to make the state one of the top five in the country in the next five years.
"I want to clarify one thing that the BJP is not going to take the support of Kanda," he told reporters in Chandigarh.
A man who allegedly stole a Harley Davidson bike on the pretext of trial run from a showroom in Banjara Hills in Hyderabad, was arrested in Mumbai on Friday.
Former Haryana Minister Gopal Kanda, accused of abetting the suicide of a former woman employee, evaded police for another day on Thursday even as investigators intensified search to arrest him on a day his anticipatory bail plea was rejected.
Parmjit Singh, a 44-year-old father of two high school students, was shot multiple times.
The arrests were made following a complaint by an AIADMK woman worker.
While some states like Kerala and Telangana were badly hit by the strike, the impact was partial in Punjab, Haryana and Maharashtra
The Union textiles minister's staff around 5 pm called police and said that some students in a car were following her vehicle and trying to overtake it near Moti Bagh flyover and their actions were unwanted, a senior police officer said.
The girl was leaving school on Wednesday when the accused, Ram Asre (37) allegedly took her to a pump room in the school premises and forced himself on her.
The well-known satirist, who has issued a statement saying his comments weren't intended to insult the country, found backing from Trinamool Congress member Mahua Moitra as well as Congress leaders Kapil Sibal and Shashi Tharoor.
When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.
The objects were promotional balloons filled with gas, launched by the event management company to advertise its client.
The raids, which started on Thursday evening, continued till the early hours on Friday.
If raters get away by moving from AAA to D overnight after companies default, as happened with DHFL, YES Bank, RCom, and IL&FS, it shows a complete breakdown in the rating system. It calls for exemplary punishment, not kid glove treatment, says Debashis Basu.
The dramatic scenes, of the young politician and his supporters chasing the official with a bat, took place in full public view, in the presence of policemen and television crews.
One indictment accuses Huawei of trying to steal trade secrets from T-Mobile, and of promising bonuses to employees who collected confidential information on competitors. A second indictment claims the company worked to skirt US sanctions on Iran.
A 31-year-old Indian-American, caught in a Federal Bureau of Investigation sting operation, faces up to 15 years in prison after pleading guilty to providing thousands of dollars in material support to three terror groups operating under the Al Qaeda in war-torn Syria and Somalia.
On the run for the past ten days, controversial former Haryana Minister Gopal Kanda surrendered before the police early Saturday morning in connection with the suicide of his former employee Geetika Sharma, the night after Delhi high court rejected his anticipatory bail plea.
Controversial former Haryana minister Gopal Kanda, accused of abetting the suicide of a former woman employee, on Wednesday went "absconding" as police arrested another woman official of the now-defunct MDLR airline in the case.
'Everyone knows that you including your son won't be able to spend all the wealth that you have earned then why not at least pay the salaries of your employees,' the letter said.
Three former government employees, including retired defence estates officer, R C Thakur and Brigadier (retd) M M Wanchoo, arrested on Tuesday in the Adarsh Housing Society scam, were on Wednesday remanded to the Central Bureau of Investigation custody till March 31.
The ruling came following an argument in an amicus brief by American Immigration Council.
The constable had claimed that he had opened fire at Tiwari when he refused to stop his car. But, the SIT report says Tiwari was trying to leave the spot when he was intercepted by police and hit the patrol motorcycle.
Terming the incident unfortunate, he said, "I think there was mishandling from both the sides. Kachhe khiladi hain - Akash ji bhi aur nagar nigam commissioner (both Akash ji and municipal corporation commissioner are novice players). It was not a big issue but it was made huge."
Hours before the meeting, Prakash in a letter to Kejriwal, said he would attend it to discuss important budget matters, assuming that the chief minister ensures 'no physical attack and verbal assault' on officers attending the meet.
Around 50 women has last month come forward on social media and accused Arunabh Kumar of sexual harassment.
A local Mumbai court on Tuesday remanded the senior Nationalist Congress Party leader and former Maharashtra Public Works Department Minister Chhagan Bhujbal in the custody of Enforcement Directorate till March 17, a day after he was arrested in a money laundering case in connection with the Maharashtra Sadan scam.
10 central trade unions have called a nationwide shutdown against 'anti-worker policies' of the central government. Apart from being successful in Bengal, Kerala and NE states, the bandh has also got support from Cong leader Rahul Gandhi and Shiv Sena in Maharashtra.
The high court imposed various bail conditions on him, including that he shall not tamper with the evidence or influence witnesses, directly or indirectly.
Vadra's anticipatory bail application is likely to be heard by the court on Saturday.
The dreaded Islamic State militant group on Thursday claimed responsibility for the attack on a Pakistani media house that had injured one person.
"You cannot play hide and seek with the court," Justice Suresh Kait said.
Chetan Mahajan learnt more about life from his wrongful captivity than his MBA degrees.
