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In Tihar Jail, authorities find fridge, chocolates; probe ordered

Friday, May 25, 2018, 12:50 PM

Tihar Jail Authorities have ordered a probe after a mini refrigerator, two cell phones, two cordless phones, two desktop computers, perfume bottles and chocolate boxes were recovered from a room which Unitech's managing director Sanjay Chandra and his brother Ajay Chandra were allowed to use as a makeshift office by the Supreme Court to sell their unencumbered properties and assets to pay back investors.
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Nirav Modi diverted Rs 4,299 crore to himself, family and firms

Friday, May 25, 2018, 12:39 PM

According to the ED (Enforcement Directorate) probe, Modi diverted $265 million (Rs.1,811 cr) to his Group firms, his sister Purvi Modi and her husband Maiank Mehta through nine UAE-based dummy firms. Both Purvi Modi and Maiank Mehta have been named as accused with Modi in the Enforcement Directorate complaint. Mehta is the brother-in-law of diamond trader Russel Mehta of Rosy Blue Group.
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Facebook hunts for India head in top media, FMCG companies

Friday, May 25, 2018, 12:11 PM

Facebook's search for its India head honcho the market where it has maximum number of users is nearing end and the next head could very well be from the media and entertainment or FMCG industry. Some of the high ranking officials which Spencer Stuart has reportedly considered or shortlisted include Star India, Viacom18 group, Tata Sky and Hotstar among others.
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India Inc to rope in more women for leadership roles in Mumbai

Friday, May 25, 2018, 11:57 AM

India Inc is said to be casting the net wide to hire women for leadership roles. Specific mandates are being given to executive search firms to look for women candidates for top-level posts. Such mandates were earlier given by organisations for mid-level roles to boost their gender diversity ratios. Many companies have designed programmes dedicated to mentor and groom women for leadership roles.
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Prime Minister Narendra Modi to visit West Bengal, Jharkhand today

Friday, May 25, 2018, 11:33 AM

Prime Minister Narendra Modi, along with his Bangladeshi counterpart Sheikh Hasina, will attend the convocation of Visva Bharati University and inaugurate the Bangladesh Bhavan within the campus in West Bengal today. The Bangladesh Bhavan is a symbol of the cultural ties between India and Bangladesh. West Bengal Chief Minister Mamata Banerjee is also expected to join the leaders at the event.
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Fuel prices hiked for 12th day; petrol up over Rs.11, diesel Rs.7.27

Friday, May 25, 2018, 11:13 AM

Petrol and diesel prices continue to soar and touched another peak on Friday. Petrol was hiked by 36 paise to Rs.85.65 per litre in Mumbai. Diesel prices on the other hand, were hiked by 24 paise to Rs.73.20 per litre in Mumbai. Petrol prices have risen by Rs.11.02 while diesel has risen by Rs.7.27 in the past 12 days in Mumbai.
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Rupee strengthens 14 paise against US dollar for the second day

Friday, May 25, 2018, 10:57 AM

The rupee continued to recover for the second day today, climbing 14 paise to 68.20 against the dollar on increased selling of the greenback by exporters and banks amid rising domestic equity market. Forex dealers said, besides increased selling of the American currency by exporters as well as banks, a higher opening in the domestic equity market supported the rupee.
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Five-year term for HDK not decided: Dr G Parameshwar said

Friday, May 25, 2018, 10:43 AM

On the eve of the trust vote, deputy Chief Minister Dr G Parameshwar said the Congress-JD(S) coalition was yet to discuss modalities about Chief Minister H D Kumaraswamy continuing in the post for a full five year term, he said in response to a question whether Mr Kumaraswamy will be the Chief Minister for full five year term.
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The city police arrest 14 people for lynching Rajasthan man

Friday, May 25, 2018, 10:14 AM

The police have arrested 14 people, including four women and two juveniles, for lynching Kalu Ram Bachanram from Rajasthan in Charmajpet on Wednesday. The arrested are Gopi, Ambu, Vasanath kumar, Balan, Nanda, Thirumalaiah, Rajesh, Anusha, Sushila, Indira, Vani, and two minors. They have been remanded in judicial custody. The two minors were sent to State-run remand home. The police are searching the others accused.
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After Delhi and TN, Karnataka has third highest ATM density

Friday, May 25, 2018, 9:44 AM

Karnataka ranks third in terms of ATM density with 29 ATMs per lakh population after Delhi (52/lakh) and Tamil Nadu (35/lakh) respectively. The ATM footprint in the state is a few steps ahead of Maharashtra (23/lakh) and Andhra Pradesh (25/lakh) and way ahead of Jharkhand (11/lakh) and Chhattisgarh (13/lakh).
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Bengaluru: Power supply to be hit on May 26, 27 10 am to 6 pm

Friday, May 25, 2018, 9:36 AM

There will be power cuts in Whitefield, Marathahalli,Challaghatta,Koramangala and surrounding areas on May 26-27, 10 am to 6 pm, due to Metro construction work. Some of the affected areas: HAL,Annasandra Palya,Kaggadasapura Main Road, Basavanagar, Ashwathnagar, Islampura, Malleshpalya, Manjunathanagar, Abdul Kalam Layout, NAL Road, Rustum Bagh, StMarksRoad,Brigade Road,Ashoknagar, Wood Street, Adugodi, St Johns Hospital, Hosur Main Road, Tavarekere, Old Madiwala, Silk Board area, Viveknagar.
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Modi Returns To India Only During Elections, Says Shiv Sena Chief

Friday, May 25, 2018, 9:20 AM

Taking a dig at Prime Minister Narendra Modi, Shiv Sena chief Uddhav Thackeray said, "Our Prime Minister keeps travelling abroad... He comes back only during election times. But once the polls are over, he is out again." Mocking the BJP over its "Abki baar Modi sarkar" slogan, he said, "Next time around, it will be 'fuska bar' (damp squib)."
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Election Commission Pitches For 'One Year One Election'

Friday, May 25, 2018, 9:16 AM

The Election Commission, in its response to the Law Commission, has reportedly suggested that all elections scheduled for one year should be held together. The Law Commission had sought EC's opinion on holding general and state elections simultaneously. Presently, simultaneous elections are held for states where assembly terms are scheduled to end within a few months of each other.
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Nipah scare: Odisha health department issues alert to hospitals

Friday, May 25, 2018, 9:13 AM

The Odisha health department has issued an alert over Nipah virus to 30 district headquarters hospitals and five medical colleges. In a letter to the medical authorities, the department emphasised the need to take precautionary measures against the virus as options to treat it are limited. This comes amid the outbreak of the virus in Kerala, killing at least 12.
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Cong-JD(S) MLAs holed up in hotels a day before Karnataka trust vote

Friday, May 25, 2018, 9:10 AM

The MLAs of Congress and JD(S) are being held in hotels in Bengaluru, a day before the JD(S) leader HD Kumaraswamy-led alliance is scheduled to face a floor test in the Karnataka Assembly. The parties have been holding their MLAs in hotels since the election results were announced on May 15, to prevent the BJP from poaching their MLAs.

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