The HC last week quashed a govt order seeking a probe by the Serious Fraud Investigation Office into the affairs of Moser Baer India Ltd from when Nita Puri & Rahul Puri were its directors.
Though it noted EC's contention of privacy concerns, SC had declined to assess this argument on merits, simply noting that ‘it is not necessary to go into this aspect.'
Case originated from a complaint by Central Bank of India alleging that Moser Baer had caused unlawful losses to the bank to the tune of Rs 354.51 crore.
Sitting Congress MP & Kamal Nath's son Nakul Nath is trailing behind Chhindwara BJP chief Bunty Sahu by 1 lakh votes. There were rumours of Kamal Nath switching to BJP before polls.
Congress heavyweight & former CM Kamal Nath has had an iron grip over Chhindwara for four decades. According to residents, the district owes much of its development to him.
Congress leader is unruffled by series of defections in Madhya Pradesh. And while he says Gandhi family remains integral to party, he adds that 'there are things to be rectified'.
Under BJP's ‘New Joining Toli’, sub-units in MP establish contact with Oppn leaders. 'Toli' convenor in MP Narottam Mishra says 14,700+, most from Congress, joined BJP since January.
Hours after Kamal Nath's virtual address to thousands of Congress workers, Amit Shah exhorted BJP cadre to bring in leaders from Congress during a meeting in Gwalior-Chambal region.
Speculations are rife ever since former MP CM Nath and his son reached New Delhi last week. However, Nath confidant Sajjan Singh Verma had denied reports that he would join BJP.
The leaders of the new establishment, including Mohammad Yunus, should realize by now the danger of their single-minded focus on eradicating Sheikh Hasina’s Awami League.
It will be tough for Reserve Bank of India Governor Sanjay Malhotra to get right. Rupee is the worst-performing Asian currency this year against the dollar.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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