CBI chargesheets CG Power and Industrial Solutions, Gautam Thapar in Rs 2435-cr bank fraud case

Mumbai, 4/1: The CBI has filed a charge sheet against CG Power and Industrial Solutions and its former promoter Gautam Thapar in an alleged Rs 2435-crore bank fraud case that affected 12 banks, officials said. This comes after the agency conducted a probe for nearly 19 months into the allegations of diversion of bank funds,…

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Never heard of Nidhi, murder charges should be slapped on her: Delhi hit-and-run victim’s kin

New Delhi, 4/1: Nidhi is lying and should be charged with murder, Anjali Singh’s family said on Wednesday and claimed they had never seen or heard of the ‘friend’ who was with the 20-year-old killed when she was dragged under a car.     Giving her narrative of what had happened that night, Nidhi had…

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SC stays Allahabad HC order on urban body polls without OBC quota

New Delhi, 4/1: The Supreme Court on Wednesday stayed the Allahabad High Court’s order directing the Uttar Pradesh government to conduct urban local bodies polls without reserving seats for Other Backward Classes.   A bench of Chief Justice D Y Chandrachud and Justice P S Narasimha noted that if elections are held without reservations, a…

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Walmart gets $1 billion tax bill for shifting PhonePe headquarters to India: Report

New Delhi, 4/1: Walmart Inc and other PhonePe shareholders will have to pay nearly $1 billion in tax after the digital payments company shifted its headquarters to India, Bloomberg News reported on Wednesday, citing people familiar with the matter. PhonePe is raising funds at a $12 billion pre-money valuation from General Atlantic, Qatar Investment Authority…

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NCLAT directs Google to deposit 10% of Rs 1,337 crore CCI fine, admits appeal for hearing

New Delhi, 4/12: The National Company Law Appellate Tribunal on Wednesday directed Google to pay 10 per cent of the Rs 1,337.76-crore penalty imposed on the tech giant by fair trade regulator CCI.     A two-member bench admitted the petition filed by Google against the Competition Commission of India (CCI) penalty.   It, however,…

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Inebriated man urinates on female co-passenger on a Delhi-bound Air India flight, plaint filed

New Delhi,4/12: An inebriated man urinated on a female co-passenger in business class onboard a New York-Delhi Air India flight. The incident reportedly took place on November 26 when the flight was on its way from John F Kennedy International Airport in New York to New Delhi, India. Air India has lodged a police complaint…

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Delhi hit-and-run case: Car occupants knew victim was stuck beneath, alleges friend and eyewitness

New Delhi 4/1: Twenty-year-old Anjali was with her friend Nidhi on the scooty while both were returning home before the two-wheeler collided head-on with a Maruti Baleno car in the early hours of January 1. Due to the impact, Nidhi was tossed off the pillion seat while Anjali got stuck beneath the car that dragged…

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