Seven individuals, including senior executives from manpower firms, have been arrested in connection with alleged irregularities in overtime payments within the Chhattisgarh State Marketing Corp Ltd (CSMCL) during the previous Congress administration. The arrests follow an investigation into fraudulent billing practices and misappropriation of funds.
The Anti-Corruption Bureau/Economic Offences Wing arrested seven individuals, including executives from manpower firms, in connection with alleged irregularities in overtime payments within Chhattisgarh State Marketing Corp Ltd during the previous Congress administration.
It appears that the BJP government has succeeded in managing the communication of the PNB scam in a manner that its adverse impact on its electoral fortunes is largely contained
'The major worry for everyone using Internet-linked devices today is whether the latest download on his smartphone or laptop is a bait from a digital hacker who is out to secure access to his hard-earned money,' notes T A Ramalingam, chief technical officer, Bajaj Allianz General Insurance.
Apparently, the losses to the airline due to this scam are now running into crores of rupees.
When the markets boom, the regulator gets jittery. And not without reason. Recollections of recent market booms are tinged with memories of scams and subsequent JPC investigations.
'Overnight, with zero qualification whatsoever for the responsibility of prime ministership, Priyanka is being projected as an alternative to Narendra Damodardas Modi!' says Nazarwala who predicted Mayawati's win in the 2007 UP elections, forecast her rout in the 2012 polls, and called right the 2017 UP assembly election result.
Confidence had ebbed in the last few years due to default by some errant domestic retailers and exporters. Moreover, many jewellers are believed to have diverted the fund collected through monthly deposit schemes to pay 'mark-to-market' margins on various loans.
Zee News, Zee Media's flagship brand, was at the centre of a controversy over its media practices that pushed Subhash Chandra towards BJP.
All mankind looks for good news on a daily basis. It is only a natural human desire. Corporate managements, government spokespersons, political loyalists, merchants and salespersons, all work overtime to create good news. And governments, too, keep trying this with inane pronouncements all the time, says Raj Liberhan.
Modi and his corporate sector supporters have identified Maharashtra as a key state where the BJP-Shiv Sena can pick up more seats. In fact, it is estimated that if the Thackeray cousins join hands, the NDA partners can improve their tally from the present 23 seats by adding another eight to 10 Lok Sabha seats, reports Anita Katyal.
What do the leads from Maharashtra tell you about the emerging trends in the state? Prasanna D Zore/Rediff.com explains.
The National Democratic Alliance government's parliamentary managers have a busy weekend ahead, says Rediff.com contributor Anita Katyal.
'... not even a moral one, let alone a legal one.' 'Even if it is assumed that Deepak Kochhar tried to influence his wife into doing something dodgy for his 'social acquaintance', why would she do it?' 'By all accounts she has been granted share options in ICICI Bank of a very substantial amount which easily makes her a multi billion-pati.' 'She did not become CEO against some stiff competition by being stupid and concocting devious cock-and-bull renewable energy stories.' S Murlidharan, former managing director, BNP Paribas, unravels the Deepak Kochhar-Videocon controversy.
Armed with data and statistics, Congress leaders refute every point made by Narendra Modi as part of its new strategy to take on the firebrand Gujarat chief minister. Renu Mittal reports
'The partnership of Amit Shah and Narendra Modi has made their biggest mistake. They have been very successful for their party in the last two years, but this batting pair has made the biggest political mistake of their life so far, which is calling Kejriwal a chor. It will backfire on them.'