Moser Baer executive director, Ratul Puri was arrested by the ED in August and is in judicial custody presently. He is being investigated in a money laundering case.
Ratul Puri is already in ED custody in connection with a multi-crore bank fraud case. He is also being investigated for his alleged links to the AgustaWestland chopper scam.
Madhya Pradesh CM Kamal Nath said he had no connection to Ratul Puri's business, but accused Modi govt of using central agencies to target political opponents such as P Chidambaram.
Ratul Puri was earlier reported to have escaped from Enforcement Directorate office in Delhi when he was called for questioning in AgustaWestland scam.
Crowded cities are rich because there is greater division of labour. The extent of the division of labour depends on the size of the market, wrote Sauvik Chakraverti in 2002.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
And who is to know if BJP planted this to embarrass the congress government? They are, after all, past master at this game.