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Avantha Group Promoter Gautam Thapar Arrested In Money Laundering Case

August 4, 2021
Newsdesk

The Enforcement Directorate(ED) has arrested Avantha Group promoter Gautam Thapar in connection with a money laundering case, officials said on Wednesday. Gautam Thapar was arrested under provisions of the Prevention of Money Laundering Act (PMLA) on Tuesday night after the agency carried out raids against him and his | Read more|

President Ram Nath Kovind Condoles Loss Of Lives In Barabanki Accident

July 28, 2021
Newsdesk

President Ram Nath Kovind on Wednesday expressed grief at the loss of lives in an accident in Uttar Pradesh's Barabanki and wished the injured a speedy recovery. The President in a tweet said, "Deeply pained by the news of the untimely death of many people in a road accident in Barabanki, Uttar Pradesh. In this hour of | Read more|

India Asks State Banks To Withdraw Cash Abroad So Cairn Cannot Seize It

May 7, 2021
Newsdesk

India has asked state-run banks to withdraw funds from their foreign currency accounts abroad, two government officials and a banker said, as New Delhi fears Cairn Energy may try to seize the cash after an arbitration ruling in a tax dispute. Cairn was awarded damages of more than $1.2 billion plus interest and costs i | Read more|

China Backing Away From Promises To Pak Under Economic Corridor: Report

December 25, 2020
Newsdesk

China appears to be backing away from its initial financial promises to Pakistan under Beijing-financed China-Pakistan Economic Corridor (CPEC), a US$60 billion infrastructure building plan, amid rising corruption and terrorist attacks on Chinese engineers. According to Asia Times, Pakistan Army is set to take near-tot | Read more|

Dairy Maker Kwality Charged By CBI With Rs.1,400 Crore Bank Loan Fraud

September 22, 2020
Newsdesk

Kwality Limited, one of the country's most popular dairy product makers, has been charged with cheating a group of banks of Rs. 1,400 crore in a case of fraud filed by the CBI. The investigating agency filed the case after searches at eight locations including Delhi on Monday. Those named by the CBI include Kwality's d | Read more|

Cobrapost Impact: CBI registers case against Dewan Housing

June 26, 2020
Newsdesk

According to a Press Release dated 25 June 2020, the Central Bureau of Investigation has filed a Charge sheet against M/s Dewan Housing Finance Ltd; ShriKapil Rajesh Wadhawan; ShriDheeraj Rajesh Wadhawan; M/s Belief Realtors Pvt. Ltd; M/s RKW Developers Pvt. Ltd; M/s DOIT Urban Ventures (India) Pvt. Ltd; Ms. RoshniKapo | Read more|

Uttar Pradesh's Barabanki emerges as COVID-19 hotspot

May 21, 2020
Newsdesk

Uttar Pradesh's Barabanki district has emerged as the new COVID-19 hotspot as 95 new cases of the virus were reported in a single day, half of them migrant workers returning from other states. District Magistrate, Barabanki, Aadarsh Kumar, said on Wednesday that of the 245 samples sent for testing on May 15-16, 95 have | Read more|