The two have been in custody since April 2020 in connection with loans worth Rs 57,252 cr availed by DHFL from consortium of 17 banks. Other co-accused in related cases out on bail.
CBI has booked Anil Ambani’s son on Union Bank of India’s complaint against his finance firm that caused alleged loss of Rs 228 crore. Raids were conducted Tuesday.
The order comes weeks after a separate bench proposed dropping all criminal charges against the billionaire Sandesara brothers, given that they deposited Rs 5,100 cr as settlement with defrauded banks.
Choksi can still appeal against extradition to higher court. India has guaranteed Choksi will be kept in humanitarian conditions at par with European human rights laws.
ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.
Nehal Modi, an accused in Rs 13,000 cr PNB fraud case, allegedly directed and facilitated movement of funds, appointed dummy directors & told them to make false statements.
Sakshi Gupta, 26, a relationship manager at ICICI Bank’s Kota branch, turned financial inexperience of her mostly elderly customers into personal opportunity. She's now in judicial custody.
According to ED, large-scale misappropriation of funds was orchestrated at the said branch, primarily by the branch manager, B Shobha, on the instructions of R M Manjunatha Gowda.
Pinarayi Vijayan once called Vellappally Natesan, the general secretary of SNDP Yogam, Kerala’s Pravin Togadia. Now he is giving his hate speech a free pass.
Republican Senator Lindsey Graham says bill will be 'well-timed, as Ukraine is making concessions for peace and Putin is all talk, continuing to kill the innocent'.
Islamabad-based think-tank PICSS's new report says Pakistan saw 'pronounced escalation' in violence last year, with 3,413 conflict-related deaths compared to 1,950 in previous year.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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