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Thiruvananthpuram-bound IndiGo plane aborts take off due to fuel leak

"Flight crew were alerted by on board computers about 'Fuel Right Wing Tank Overflow'. Flight crew carried out their required procedure as per Airbus checklist and also the overflow was confirmed by the ground staff," IndiGo said in a statement As a precaution engines were shut down and aircraft was towed back to bay, it said. The airline said that it is investigating the matter and that it has also informed safety regulator Directorate General of Civil Aviation about the incident. ”
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–><!–end of breadcrumbx–>Thiruvananthpuram-bound IndiGo plane aborts take off due to fuel leak Indigo
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Wednesday 27 December 2017 19:55 ISTMust readSurgical Strike 2.0: Indian Army planted IEDs to surprise Pak; toll could be higher Indian Army crosses LOC to retaliate, kills three Pak soldiers <!–end of artlmustredbx–><!–end of articllftpbx–>A Thiruvananthpuram-bound IndiGo plane with 173 passengers on board experienced a fuel leak, forcing it to abort take off and return to the parking bay at the Indira Gandhi International airport here.Sources said there was fuel spillage from the right wing of the aircraft at 4.35 PM yesterday when it was taxiing for take off. A fire engine was pressed into service and a substitute plane was arranged and the flight took off two hours later at 6.15 PM and landed at Thiruvananthpuram at 9.26 PM. According to airport sources, the airline reported only a ‘wing tank overflow’ at first and later acknowledged oil spillage.”Flight crew were alerted by on board computers about ‘Fuel Right Wing Tank Overflow’. Flight crew carried out their required procedure as per Airbus checklist and also the overflow was confirmed by the ground staff,” IndiGo said in a statement As a precaution engines were shut down and aircraft was towed back to bay, it said. The airline said that it is investigating the matter and that it has also informed safety regulator Directorate General of Civil Aviation about the incident.

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Intel busts D-Company plot to assassinate Chota Rajan inside Tihar Jail
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SEBI to auction assets of Pancard Clubs on Jan 10

The Securities and Exchange Board of India (SEBI) will auction seven properties, estimated to be worth Rs 282 crore, of Pancard Clubs Limited (PCL) on January 10. The assets include a four-star hotel in Thane and the company’s registered office in Mumbai.Meanwhile, the Mumbai Economic Offence Wing (EOW) is urging the investors duped by the company to enroll themselves by submitting the receipt certificate and complaint letter to them.According to SEBI, the properties to be auctioned include a four-star hotel called Hotel United 21 in Thane, a registered office in Prabhadevi, United 21-Emerald at House no 446 in Salcete, Goa, an office at Atlanta Estate in Goregaon, five office spaces in Nerul, a row house in Versova and a plot of open land in Baner, Pune. The total worth of the properties, which will be e-auctioned, amounts to Rs 2,82,12,43,110.Further inquiry by SEBI has also revealed that the company’s Chairman and Managing Director, Sudhir Moravekar, has passed away and only five of the company’s directors now remain alive to refund the duped investors through the auctioning of the properties. “We are in the process of estimating the worth of the other properties and have already frozen the bank accounts of the defaulting companies,” said a senior SEBI official.”We are recording the statements of the victims and collecting documents which were given to them as receipts acknowledging the acquiring of the holiday package schemes,” said an EOW official.ALLEGED CHEATING COMPANYPCL has been alleged to have been conducting business by raising public money via Cumulative Investment Schemes (CIS) by selling holiday packages without acquiring the requisite permissions from SEBI. SEBI had concluded that PCL was not a timeshare company but was running CIS. The company is alleged to have duped 50 lakh investors across the country to the tune of Rs 7,000 crore.

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Stationery manufacturer gives left-handed kid a sweet surprise

In a cute gesture, a stationery manufacturing company responded to the request of a parent of a left-handed student by providing custom-made sharpener for her daughter. Thane-based Shweta Singh, the mother of 4-and-a-half-year-old Isha saw her daughter struggling while using a sharpener as she is left-handed and most sharpeners are designed as suitable for right-handed people.Shweta, 31, decided to do something about this, and immediately wrote to one of the leading stationaries manufacturers — Hindustan Pencils Pvt Ltd (manufacturers of Natraj and apsara pencils) — last week. “Most sharpeners available in the market today are made for right-handers, and those designed for left-handed cost between Rs 700-1,200. My daughter would often complain about her discomfort while sharpening her pencil, and I was really hoping to get some solution. Thus, I decided to write to the manufacturers,” she said while talking to DNA.To her surprise, Shweta got a response from the company within a few days. “I got a call from a person at a respectable position in the company. He tried to understand my concern and promised to help,” she said. Within a week’s time, Shweta got a letter from the company’s group marketing head, Sanjay Tiwari, along with five sharpeners specially designed for her daughter. The letter also stated that the company was ‘working on regular production’ of such sharpeners.”I am extremely happy that the company responded so promptly. If all manufacturers try and provide such designs for left-handed students, it would be a great sing,” she added.Shweta posted about the response on her Facebook profile on December 14 and got a phenomenal response with over 17,000 users sharing her post. “I wanted to spread awareness about problems that such students face. I will continue to take up issues of left-handed students like my daughter in future as well.”MAde to orderMother of a left-handed kid wrote to a stationery manufacturer asking for specially designed sharpeners. Company replied with a customised set.

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NCLT should have asked us before passing order: SC

The Supreme Court Tuesday said the National Company Law Tribunal (NCLT) should have taken its leave before allowing the Centre to take over the management of debt-ridden real estate company firm Unitech Limited.On December 8, the NCLT had suspended all the eight directors of the firm over allegations of mismanagement and siphoning of funds and had authorised the Centre to appoint 10 nominees to the board.”The leave of this court, which is seized of the matter, should have been taken by the NCLT,” the bench observed and posted the matter for hearing tomorrow.Today, the Supreme Court bench of Chief Justice of India Dipak Misra and Justices AM Khanwilkar and DY Chandrachud also weighed in on the request of Additional Solicitor General Tushar Mehta that one day be given to him to seek instruction from the authorities on the appeal of Unitech against the order of the National Company Law Tribunal (NCLT).The bench also took note of the submissions of senior advocate Mukul Rohatgi, appearing for the firm, that the NCLT had passed an interim order without hearing the company and its directors who are in jail.The NCLT order had come after the Centre moved the panel with a view to protect the interest of nearly 20,000 home buyers.Sanjay Chandra, head of the real estate group, was asked on October 30 by the SC to deposit Rs 750 crore with it by December-end for the sake of the homebuyers.The NCLT, in its order, has said the government must give name of its nominees by December 20 and restrained Unitech’s eight suspended directors from selling their personal and company properties.The tribunal’s order had come after the government filed a petition arguing that Unitech was a fit case for winding up, but considering the interest of thousands of home buyers and small depositors, it wanted to take over company management.The company has over Rs 6,000 crore debt and over 16,000 undelivered units from a total of nearly 70 projects.On October 30, the top court had said Sanjay Chandra, currently in jail, would be granted bail only after the real estate group deposited money with its registry by December-end.The top court had earlier directed the jail authorities to facilitate Chandra’s meeting with his company officials and lawyers so that he could arrange money to refund the home buyers as well as for completing the ongoing housing projects.Chandra is seeking interim bail from the apex court after the Delhi High Court on August 11 had rejected the plea in a criminal case lodged in 2015 by 158 home buyers of Unitech projects’ — ‘Wild Flower Country’ and ‘Anthea Project’ — situated in Gurugram.

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Ring road work likely to take off next week

After a long wait, work on ring road is likely to start next week. National highway Authority has issued letter of interest to Haryana’s Gawar Company.The company has received ‘clean chit’ from the ministry of external affairs over a Chinese company’s share in it. Gawar’s engineers have been searching for site for their office following which they will set up a temporary colony for themselves and other employees.The work is expected to begin this week. However, the government may not get the political mileage it was hoping for as the work will complete after the assembly electons. The firm has been given 18 months to finish off the work although NHAI has claimed that it will be done in just a year. First, the JDA delayed termination of the old contract that was followed by China connection of ‘Gawar’ company. The matter was referred to foreign ministry, which gave go ahead on December 1.The four lane 47 km long ring road will cost Rs 1,190 crore including first phase of Rs 960 crore and second phase of Rs 230 crore.The timelineAgreement between JDA and NHAI took place on August 11, following which companies were shortlisted. Gawar company was shortlisted in November and JDA terminated contract with old firm on Nov 4. The matter got stuck due to Gawar’s China connection on Nov 15. Rs 197 crore were released to banks on Nov 29. NHAI finally issued LoI on December 1.
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JMC’s call centre number changed without notice

Jaipur Municipal Corporation changed the number of its call centre a week ago but did not inform the public about it, creating unnecessary inconvenience for the common man.People are unable to register complaints regarding cleanliness, street lights, stray cattle, sewer, encroachment and other problems. A separate call center should have set up for complaint related to Door to Door Waste Collection but the JMC is using the same call centre for this purpose.For almost 13 years, the JMC call center has been operational. BJP state president Ashok Parnami introduced this service during his tenure as mayor. This call center number was 5110111, 5110686 and 2742900. Former mayor Jyoti Khandelwal extended this call centre and added call centre toll-free number 1800-180-6681. All types of complaints were registered on toll-free number. This toll-free number was advertised in the city through hoardings and boards. About 15 days ago, all the numbers were changed including the toll-free number. The new toll-free number is 2747400. According to sources, the number of call centre was changed to benefit the BVG company, working for Door to Door Waste Collection in the city. Under the terms of Door to Door Waste Collection Project, the company had to set up the separate call centre. This number should have been written on the Door to Door Waste Collection vehicles so that people could file complaints related to the company. Instead of doing so, the company’s employees were put in the existing call center of JMC.
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Yogi Adityanath

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Oil India attempts to improve fate with black gold

Oil India has failed to find oil in Rajasthan for years and now it is dreaming to make its fate with black gold in the sand dunes. After twenty-six years, it will again try to extract oil with the help of German technology in Jaisalmer’s Baghewala oil field. Oil India has got the permission from government to extract oil with the new technology. This time the company is planning to start commercial production.Six years ago, the company had tried to melt oil in the well with steam technology with the help of experts from Venezuela, but this technique proved ineffective. Oil India has claimed to have heavy oil in two wells but it has not been duly exploited. On the other hand, the same type of oil was found in the Barmer basin and experts from Cairn have been producing two million barrels of oil every day with steam technology for the last seven years. After the seismic survey near Jaisalmer border in 1991, oil India in Rajasthan started drilling oil wells to explore oil in Tanot and Baghevala. There were indications that thick oil was present in two wells in Baghevala. Though oil was found after deep digging but experts were not able to exploit the same.Efforts were made to call foreign experts from abroad thrice, however, the oil could not be exploited. After failing every time, Oil India has started its efforts again so that they could begin exploiting large quantities of oil with the help of Germany’s cyclic steam simulation technology and commercial production can start.
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Flipkart founders Sachin Bansal and Binny Bansal, booked for alleged "cheating"

<!– /11440465/Dna_Article_Middle_300x250_BTF –>An FIR has been lodged against e-commerce giant Flipkart’s founders and a few other company officials for allegedly “cheating” a businessman to the tune of Rs 9.96 crore, police said.The case pertains to non-payment of dues by Flipkart to C-Store Company for laptops it supplied, officials at the Indiranagar police station here said.They said an FIR has been registered against Flipkart’s Sachin Bansal, Binny Bansal and a couple of company officials, based on the complaint by C-Store Company’s Naveen Kumar.According to the complaint, C-Store had entered into a contract with Flipkart for supply of laptops along with other electronic goods for its sale, and had supplied about 14,000 laptops, police said.Flipkart, which returned about 1,480 units, did not pay for the remaining, the complainant said, adding that the other charges, including shipping had also not been paid.
ALSO READ Businessman files FIR against Flipkart founders, employees over not clearing dues worth Rs 9.96 croreThe complaint alleges that there has been cheating to the tune of Rs 9.96 crore, police said.A case has been booked under different sections of IPC, including cheating and criminal breach of trust, an official involved in the investigation said.
ALSO READ Flipkart to launch its own smartphone under its Billion brandWhen contacted for it’s reaction, Flipkart said it did not wish to respond for now.

Time to pave national highways with pragmatism

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Last week, the Ministry of Road Transport and Highways (MoRTH) – beaming with confidence of India moving up in the global index of doing business – flexed its muscles by making it clear that there shall be proper rating of highways, toll plazas, construction companies and consultants. Interestingly, the National Highways Authority of India (NHAI) had recently debarred companies like Larsen and Toubro (L&T) and Hindustan Construction Company (HCC) from bidding for new projects for a year due to their “lackadaisical attitude” in meeting deadlines. These developments in the infrastructure sector with the regulatory framework being tightened are a bit too much and a bit too fast. India with its continental size needs effective highways – broad, without potholes and cattle besides smooth flow of traffic without bottlenecks. It also needs driver-friendly, safe, secure, durable and easy to maintain roads. It is not always possible to connect cities, towns and villages by rail or air and road connectivity is the answer. Expressways are the conduit between two habitations, and with motorised vehicles providing speed, safety and comfort, it is natural that the demand for good roads will grow with prosperity, business and trade.Movement of goods and people require speedy transport and proper roads. The government has not done enough on this front. Lack of resources, both financial and technical, has been a major reason to bring in private participation in infrastructure development.Private companies like L&T, HCC and others have contributed immensely to the growth story. In the process, the companies have generally done well by rewarding shareholders in the long run. Knowing the entire landscape – political, bureaucratic, legal and social – of doing business like the back of their hand, these companies have often been running the show. It is an open secret that most of the premium construction business has been shared between a few top-notch companies.Other players have not been able to compete due to their inability to handle big-ticket projects as well as lack of understanding of finer aspects of handling political and legal issues. This often results in matters reaching courts as stakes are usually high and parties do not hesitate toplay the legal gamble – it doesn’t cost much to fight the legal battle but if one wins, it is like hitting the jackpot.Though the recent actions by the MoRTH and the NHAI are salutary and aim at cleansing the system, there are serious doubts about the ability and willingness of these organisations in putting their own houses in order.Unfortunately, recently there have been several media reports about issues of conflict of interest, favouritism, dummy players bidding for lucrative contracts with knowledge and sometimes collusion of insiders, tailoring specifications to suit certain bidders and biased decision-making. Such disclosures and discussions in public do not infuse confidence.With 24X7 media, and the people armed with the RTI Act, there is hardly anything which can be kept away from public knowledge. There is rightfully no need to keep anything under wraps, however, any government or any statutory authority is not supposed to transact all the business it does at the crossroads. Most of the negotiation exercises, before anything is put down in black and white, are not open to public scrutiny. Re-negotiation of awarded contracts is also a ticklish matter and most of the issues can be dealt with satisfactorily if both parties remain realistic.The current stand taken by the MoRTH and NHAI, prima facie, is too idealistic and text-book style. Earlier too, there have been serious issues with all major construction companies walking away when the bar was raised too much. There has to be a proper blend of realism to make things work. Only then, the people will be able to have a better experience at better highways.

MSEDCL clarifies, says no wrongdoing

<!– /11440465/Dna_Article_Middle_300x250_BTF –>A day after DNA reported that the Maharashtra State Electricity Distribution Company Limited (MSEDCL) had launched an inquiry into rules flouted in providing electricity connections to 1,128 flats in a residential complex in Virar West, including two flats in the name of cricket icon Sachin Tendulkar’s wife Anjali, MSEDCL has said no irregularities were observed by MSEDCL while releasing power to the project.The story quoted Arun Papadkar, Superintendent Engineer of Vasai Circle confirming that he had conducted an inspection at VIVA Kingston Crown and that the power sub-station from which electricity was being drawn for the flats was only meant for water supply and electricity supply for elevators.However, on Friday, MSEDCL issued a clarification that Papadkar had been misquoted, and that he had not admitted there were any irregularities when contacted by DNA.”Mr Papadkar has emphatically stated that the MSEDCL observed all legal formalities while supplying power to the project VIVA Kingston Crown. He also clarified that a substation (4 DTCs) was not only meant for water supply and elevator but also for all residential and commercial consumers in the said area,” the clarification states.”Hence, no irregularities have been observed by the MSEDCL while releasing power to the project in question. The connections have been given to the rightful flat owners of the said project as per the existing rules and regulations of the MSEDCL. Two connections issued in the name of Mrs Anjali Sachin Tendulkar in the said project to Flat no C-203 and C-204 are also legal. We all know that Mrs Anjali Tendulkar is wife of the very icon of the sports world, celebrity and Rajya Sabha MP Mr Sachin Tendulkar. No questions should arise when Mrs Tendulkar has been issued power connections in a rightful manner,” it added.

RTI: MU tweaked conditions for on-screen marking tenders

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Even as the government is yet to take action against MeritTrac — the service provider that was given the task of On-Screen Marking (OSM) at the University of Mumbai, a recent Right to Information (RTI) application reply has revealed that the varsity tweaked and undermined the tender conditions before awarding the contract to the company.A response to an RTI query by activist Anil Galgali revealed that the university passed the purchase order for awarding the contract to the company on April 27, 2017, a day before the varsity’s Management Council gave a final nod to appoint the agency on April 28. On August 13, DNA had earlier written about how the university, under its then Vice-Chancellor Dr Sanjay Deshmukh did not sign a Memorandum of Understanding (MoU) before beginning the OSM work.The lapses that were caused by the whole assessment process led to an unprecedented delay in declaring the results of over 4 lakh students.The RTI response also revealed that the university relaxed the minimum standards for the company which could apply.This was done as it failed to get three bidders in the first round. In the original tender documents, the minimum requirements for qualification in the tender process were pegged at Rs 100 crores was reduced to Rs 30 crores and the requirements of Minimum Technical Score for consideration in qualifying for the tender was scoring 70 points, which was modified to 60 points.”The university brought down the minimum conditions to award the contract to a company which suits its own interests. By doing this, it has played with the future of lakhs of students who suffered due to the result mess” said Galgali.Documents shared by the university also reveal that of the two qualified bidders – Tata Consultancy services (TCS) had scored 95 points, whereas Merit Trac had scored 45 points despite which the varsity went ahead to award the contract to the latter. The third company Shree Computers was disqualified on technical grounds. “MeriTrac was charging rupees 23.90 per answerbook whereas TCS was charging rupees 49.90. The university just wanted to get a cheap job done at the cost of students,” said Galgali.Nagendran Sundarajan, executive vice-president, MeritTrac said that the company has got the contract after proving its merit. “We have done our presentations in front of the technical committee. Ours is a company that has got over 100 crore turnover for the last three years and we have not made any request to relax the conditions. We don’t want to talk about what the competitors did,” added Sundarajan.Despite repeated calls and messages, Vijay Joshi who headed the tender committee at the university could not be reached for comment.Varsity to take action against teachers who did not assess papersThe university will soon take action against the 3,700 odd teachers who did not log into the assessment portal during the summer assessment even once. At a meeting of the Board of Examinations, the varsity decided to issue showcause notices to such teachers after which disciplinary action is likely to be initiated against them.Changes madeIn the original tender documents, the minimum requirements for qualification in the tender process were pegged at Rs 100 crore, but was reduced to Rs 30 crore.

500 wells to be dug for oil exploration in Barmer Basin

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Cairn India will start the search for oil and gases in the Barmer basin from the new start on a big scale. Seismic surveys have been conducted between Gudamalani and Shiv Tehsil and on the basis of the same result, drilling work will be started in places where oil and gas are available. The aim of drilling five hundred new oil wells has been kept in the next two years. The company will spend two billion dollars on this. The chairman of Vedanta Company, Anil Agarwal said in the past that they will focus on enhancing oil production in Rajasthan and now the company has taken steps in that direction. Significantly, the company is currently producing two lakh barrels of oil every day in the Barmer Basin. It is now planned to produce three lakh barrels of oil daily. Drilling of wells will be carried in large number with ultramodern equipments. Apart from this, seismic surveys will also be done in new place. Significantly, the geologists have indicated the presence of oil deposits in Barmer Basin. The world’s largest drilling companies will start reaching Barmer for oil exploration from next month. All this is being done due to the establishment of Pachpadra refinery. Production is expected to double in Barmer basin till the refinery is ready. This is expected to increase the revenue of Rajasthan government. Today, daily about 11 crore rupees are given to Rajasthan government and Rs 18 crore is received by Central government as revenue.

MahaVitaran’s finances under stress due to rising power dues by agricultural consumers

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Even as the state run Maharashtra State Electricity Distribution Company’s (MahaVitaran) monthly recovery has surged to Rs 4,200 crore due to slew of initiatives, burgeoning arrears from the agriculture consumers continue to put its finances under severe stress.As of date the arrears are well over Rs 19,272 crore and they are expected to grow further if the agriculture consumers do not make timely payment of monthly bill. There are about 39.82 lakh agriculture consumers of the MahaVitaran’s total consumers of 2.5 crore.Last month, the state government announced a special amnesty scheme to recover whopping Rs 10,890 crore. The Energy Department will waive their penalty and interest of Rs 8,164 crore on the total pending electricity bills of Rs 19,272 crore. The government has now extended the repayment up to November 15 due to strong opposition from various parties and especially from the agriculture consumers.The state energy minister Chandrashekhar Bawankule came out with a novel idea of roping in legislators from the respective constituency to hold workshops and meetings to expedite recovery of long pending arrears from agriculture consumers. However, few legislators have already protested Bawankule’s move citing that it was not their job but it has been the duty of MahaVitaran staff. Some legislators referred to the plight of the farmers due to natural calamity and opposed disconnection of power.A MahaVitaran officer told DNA,’’ It is true that the non-recovery of arrears from agriculture consumers has been a matter of concern. This is despite continuous efforts from the state government and the MahaVitaran. The State has given electricity meters to 24.41 lakh farmers while 15.41 lakh farmers get power without any meters as they are charged based on horse power. The power is supplied at highly subsidised rate of Rs 1.80 per unit against the total supply cost of Rs 6.50 per unit. The government provides subsidy of Rs 1.65 per unit while the rest is through cross subsidy charge recovered from the commercial and industrial consumers.’’ He admitted that there are limitations to further increase tariff of industry and commercial consumers and in such a scenario the MahaVitaran will have to take further efforts to step up recovery from farm consumers.The officer informed that government’s annual outgo towards subsidy comes to Rs 4,500 crore while the cross subsidy from the commercial and industrial consumers is of the order of Rs 7,500 crore. MahaVitaran is providing power to about 1.50 lakh new agriculture pumps annually by incurring expenditure of Rs 1.25 lakh per one connection.He said the increase in the monthly recovery up to Rs 4,200 crore has helped MahaVitaran to avoid delayed payment charges to be made to power generating companies towards power supply and also to maintain the required working capital. ‘’However, this is not enough to keep healthy balance sheet,’’ he noted.

Compensate buyer for faulty car, dealer told

<!– /11440465/Dna_Article_Middle_300x250_BTF –>The Central Mumbai Consumer Dispute Redressal Forum has directed Skoda Auto India Pvt Ltd and a dealer of Skoda cars to either provide a new car or return the car’s entire cost, Rs 10,61,556, with nine per cent interest from 2016 to a consumer who was sold a faulty car. Further, the forum directed them to cough up Rs 25,000 towards the complainant’s mental agony and Rs 10,000 towards his litigation charges.Reuben Buthello, a Kurla resident, purchased a Skoda car from a Prabhadevi-based dealer in March 2014. The car faced engine problems on four occasions between May and November 2015, and even after repeated repairs, the company failed to identify the defect. The consumer thus asked for a replacement. However, he was neither given a refund nor a new car. Aggrieved, he approached the forum and filed a case.The forum asked the company and its dealer to file their say, to which the company held that the transaction had taken place between the dealer and the complainant and thus it was not liable to pay for the losses. Whereas the dealer held that there was no deficiency and thus the plea should be dismissed.

After delay, Powai builder to refund money

<!– /11440465/Dna_Article_Middle_300x250_BTF –>A developer who has been in the news for not being able to refund money or handover homes to investors has finally expressed intention to do so. JVPD Properties Private Ltd, who had failed to handover flats to investors for its Mira Road and Powai projects, has given three options to their investors and homebuyers. First, a refund along with an interest at 15 per cent per annum in three years. Second, is to construct apartments with necessary approvals and handover possession of ready apartments, and the final option is to provide homes in projects of other developers.Few of the aggrieved investors of Powai had even approached the Economic Offences Wing. Seema Saini, one of the affected party who had booked a flat in the developer’s project in Powai, said, “An intervention application filed on behalf of Serenity (Powai project) was listed on Wednesday. It was submitted by directors of JVPD, that the company intends to file scheme before National Company Law Tribunal (NCLT) under the provisions of Companies Act, 2013 proposing a scheme giving three options to the homebuyers.”She further said, “There is no immediate favourable order from the homebuyers perspective. There is still no clarity on several issues.” According to another affected party, certain investors were given money up to Rs 50,000. Diipesh Bhagtani, director, JVPD Properties Private Ltd, said, “The matter was heard before the Bombay High Court, where we have informed the court that we are in the process of filing the scheme for an arrangement with investors before NCLT. Also, since the last High Court order we have refunded full and part payments to 100 plus investors. I wouldn’t like to comment further as the matter is sub judice and we are waiting for an authenticated copy of the order passed by the High Court.”

At least 3 killed, 45 injured after FOB collapses in Kerala’s Kollam

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Three women were killed and 45 others injured when an overcrowded footover bridge collapsed under the weight of commuters at a state-run industrial complex in Chavara near Kollam today, police said.Shyamala Devi Amma (55), Anjala and Annamma died in the freak mishap. They were employees of the Kerala Minerals and Metals Ltd (KMML).While the body of Amma was recovered soon after the accident this morning, the other two were found under the iron beams of the collapsed bridge late in the evening.The injured persons were said to be out of danger.Located inside the KMML complex, the iron bridge was used by employees to reach to the adjacent mineral separation unit of the company.The police said that the bridge collapsed as it was overcrowded. Employees were going to join duty in the morning and and some agitating contractual miners of the company were returning after a discussion with the management, they added.The government ordered an inquiry and asked Industries Secretary Paul Antony to file a report at the earliest.State Industries Minister A C Moideen said here in a statement that the company authorities have been directed to repair the bridge at the earliest.He said the state government would consider providing jobs to the relatives of the deceased and financial aid to those injured in the accident.

NIA files charge sheet against Zakir Naik, to probe his assets

<!– /11440465/Dna_Article_Middle_300x250_BTF –>The National Investigation Agency (NIA) on Thursday filed a charge sheet against controversial televangelist Dr Zakir Naik, his banned NGO Islamic Research Foundation (IRF), and Harmony Media Private Limited (HMPL) in a Sessions Court in Mumbai. In the charge sheet, the agency cited a few alleged “inflammatory and derogatory” statements of Naik. The 4,000-page charge sheet also contains statements of 150 witnesses. Naik has been booked under Unlawful Activities (Prevention) Act and Indian Penal Code.According to NIA, the investigation brought on record that in September 2012, during Ganpati festival, two quotes of Naik taken from his speech delivered earlier in Srinagar were uploaded on his Facebook account by IRF for public view. The quotes read: “If you prove to me that Shri Ganesh is Bhagwaan, then I will eat the prasaad,” and “If your Bhagwaan cannot recognise his own son (Sri Ganesh), how will he recognise me if I fall into any difficulty?””The religious sentiment of Hindus was deeply hurt by these insulting and deriding comments. Probe revealed that Naik admitted before the Supreme Court that the said controversial quotations were posted on his Facebook account by an employee of the IRF named Asif Sheikh. Although Naik told the court that Sheikh was no longer an employee, investigation has revealed that he continued to work in the same capacity but his name was removed from the list of IRF employees to cover up the matter; and he was shown as an employee of another outfit styled as ‘Islamic Dimensions’,” said an NIA official.”The investigation revealed that the IRF and the IRF Educational Trust have received huge amounts as donations from the public in India and also from abroad. But most of the acknowledgment receipts have only ‘Well wisher’ written on the dotted lines for the donor’s name. I t also revealed that Naik’s sister Nailah Naushad Noorani was a trustee of IRF Educational Trust along with him. When Naik became an NRI in 2013, he appointed Noorani as Director in HMPL as well as in Longlast Constructions Company, in his place. It was found that she was Director on paper only, and all the affairs of the companies were handled by her brother. She signed the cheques on the instruction of her brother and had no knowledge of the company affairs. Furthermore, she had received Rs29 crore from Naik through her parent’s bank account between 2013 and 2016. This money was invested in HMPL and Longlast Constructions Company as per Naik’s instructions,” said the officer.He added that huge amounts have been received by domestic and foreign entities and individuals related to Naik. Also, a huge quantity of cash has been generated in the system by entities and individuals connected to Naik ans this has been invested in real estate and holding companies.The investigation has revealed that there are 19 immovable properties, including land and building, worth Rs 104 crore connected with Zakir Naik. The source and the mode of acquisition of these properties are being investigated by NIA.Probe further revealed that Naik is the founding trustee and a member of IRF, which as per the agency, is an Unlawful Association. “He has conspired with the IRF Trust and the HMPL to commit offences of promoting enmity and hatred between different religious groups in India through his public speeches and lectures. The probe firmly establishes that the incriminating public speeches/utterings have been in circulation through the electronic media, such as CD/DVD and web portals Facebook/YouTube, etc.; and have been, and continue to be seen across the world. These speeches were forwarded to the Global Broadcast Corporation, Dubai, for broadcast in Peace TV. The minutes of IRF board of trustees’ meetings disclose that IRF had approved, organised, promoted and funded public lectures of Naik including his incriminating speeches. The seized material such as DVDs and books list IRF as the publisher,” said the official.As per the agency, many incriminating speeches of Naik were delivered during the peace conferences organised by IRF in Mumbai from 2007 to 2011. The minutes of IRF Board of Trustee’s meetings confirm that IRF had planned, organised, funded and promoted these events where there was open exhortation to convert people of other religion into Islam by Naik. Nine speeches or utterings of Naik were found to be inflammatory as they hurt the religious sentiments, besides inciting violence.

Wait, WHAT! Ola sends samosas to this Gurgaon man over cab cancellation charges

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Price surge, rude drivers and cancellation charges, if you are tired of all these while booking a cab, here’s story that would put smile on your face.What if we tell you that not only did the cab company refund the cancellation charges but also sent two samosas to the passenger?Yes, this happened to a resident of Gurgaon recently.Abhishek Asthana had booked an Ola cab and the driver denied duty. Instead, the company charged cancellation fee from his account.Instead of ranting it out in usual way, Asthana took to Twitter and spoke out the incident in a unique way.Taking the samosa analogy rather seriously, Ola actually sent him two samosas.So, while Twitter had mixed feelings about the whole issue, Asthana has given hopes to many passengers that they might get a free samosa one day!Check out the Twitter thread and hope that in case your cab driver cancels on you, you get this delicious delight.

Dharavi redevelopment brought back to table

<!– /11440465/Dna_Article_Middle_300x250_BTF –>After a failed attempt last year, the government has brought the Dharavi redevelopment project back to the table. Senior bureaucrats in the state secretariat have confirmed that the tenders for the project will be floated once again by November. Chief Minister Devendra Fadnavis confirmed to DNA that the government is working on it. From four, Dharavi would now be divided into 12 small clusters. Sector number five is already being redeveloped by MHADA.In January 2016, the government had floated a tender for redevelopment. It was a global tender but even after several extensions, the government was unable to find any takers for redevelopment of the one of the biggest slums in the world.The estimated cost of last year’s global tender was Rs 21,936 crore — it included rehabilitation of residents, providing amenities and maintenance of the buildings for the next five years. Once the tender was awarded, the project would have to be completed within seven years. Recently, the National Building Construction Company (NBCC) had also shown interest in the project.”One problem that many developers faced was that there were just too many slums and the area was too expansive to clear encroachment,” says a government official.”To make it easy, the clusters are further divided into 12 sections; slum density in each cluster will reduce because of this. We are hoping that this move will attract developers and we are hopeful that by next month we will be able to float the tender.”There were several other issues also – residents of sector one claimed they lived in proper homes, not shanties and hence be given larger homes. They had even protested against the tenders, which was cited as one of the reasons why some developers backed off.In September, Chief Minister Devendra Fadnavis had discussed the issue his public outreach program Mi Mukhyamantri Boltoy. The government is also buoyed by the success of the BDD chawl redevelopment. “All the BDD chawl redevelopment tenders got a good response from the developers,” said one official “It was also a global tender and we are hopeful that this time, after all precautions are taken, Dharavi will also generate a good response.”

Mum-Nagpur Expressway: MSRDC submits list of cos

<!– /11440465/Dna_Article_Middle_300x250_BTF –>The Maharashtra State Road Development Corporation (MSRDC) has submitted a list of 33 international and domestic consortium who have bided for the construction of Mumbai-Nagpur Expressway, to the Union Home Ministry for seeking a security clearance.Two weeks ago, the MSRDC had opened the technical bids of the potential bidders wherein it was revealed that 33 companies — including the ones from belonging to South Korea, Italy, Taiwan, China, Russia and Germany — are interested.A senior MSRDC official, said, “We have sent the list to the Union Home Ministry and the companies who are given security clearance will only qualify for the further bidding process, and rest will be stand disqualified.” Recently, in July 2017, Union Home Ministry had denied security clearance to Chinese consortium who were keen on the construction of 22-km-long Mumbai Trans Harbour Link (MTHL).The companies whose names have been submitted include, Larsen & Toubro, Tata Projects, Navayuga Engineering, Ircon International, Reliance Infrastructure, IL&FS Transportation. Among other bidders, whose names have been submitted include, Gammon Engineers and Contractors Pvt Ltd, CQCE-Roadway Solutions India Private Ltd joint venture, Dilip Buildcon, Gayatri Projects, China Harbour Engineering Company, Oriental Structural Engineers Private Ltd, Sadbhav Engineering, PNC Infratech, Ashoka Buildcon, NCC, Todini Construzioni Generali, Cengiz Insaat Sanayi ve Ticaret AS, Guangdong Guanyue Highway & Bridge Company, Guangdong Provincial Changda Highway Engineering Company.

Forum tells risk firm to pay medical claim of insured

<!– /11440465/Dna_Article_Middle_300x250_BTF –>The District Consumer Dispute Redressal Forum of south Mumbai pulled up an insurance company for rejecting the complainant’s medical claim and directed the firm to pay the complainant’s medical bills worth Rs 38,015 along with an additional amount of Rs 10,000 towards the complainant’s mental agony. The forum also asked the firm to pay the complainant’s litigation costs. Explaining its rejection, the firm stated that there was no need for the complainant to get continuous medical supervision after undergoing gastroscopy.Vasantray Mody, a resident of New Queen’s Road at Opera House, had purchased a mediclaim policy from The Oriental Insurance Company. He had purchased the individual medical insurance policy and paid an approximate one-time premium of Rs 1.5 lakh. The policy was valid from March 20, 2013 to March 19, 2014. In the interim, Mody was advised by doctors to undergo an operation and was hospitalised for the same. He underwent gastroscopy and later submitted the hospital bills seeking reimbursement for his medical treatment.The insurance firm refused to reimburse the bills claiming that as per the norms of the policy, the complainant is not entitled to take hospitalisation for more than 24 hours, and since it was exceeded, the claim was repudiated.The forum, after going through the evidence brought in the record, held, “When the complainant submitted the claim, it was repudiated on March 5, 2014. As the complainant had paid the premium of the policy and the policy was in existence, therefore, we found that there is a deficiency in service and unfair trade practice on the part of the insurance firm as it repudiated the claim of the complainant without any reasonable cause.”

Railway hotel tender case: After Lalu Yadav, son Tejashwi appears before CBI for questioning

<!– /11440465/Dna_Article_Middle_300x250_BTF –>RJD leader and former Deputy Chief Minister Tejashwi Yadav on Friday appeared before the Central Bureau of Investigation (CBI) in Delhi for questioning in connection with alleged corruption in awarding the maintenance contract for two IRCTC hotels to a private firm.On Thursday, Lalu Yadav had appeared before the agency which grilled him for seven hours. During the seven-hour-long questioning session, the team asked him mostly about award of the contract, land deals of the company now owned by his son.The case pertains to allegations that Prasad, as railway minister, handed over the maintenance of two hotels run by the Indian Railway Catering and Tourism Corporation, a subsidiary of the Indian Railways, in Ranchi and Puri to Sujata Hotel, a company owned by Vinay and Vijay Kochhar, in return for a prime plot of three acres in Patna through a benami company.The FIR alleged that the RJD leader abused his official position for extending undue favours to the Kochhars and acquired a piece of “high value premium land” through the benami firm Delight Marketing Company.The CBI registered the case against Prasad, his wife Rabri Devi, son Tejashwi, and Sarla Gupta, wife of Prem Chand Gupta, a former Union minister.Others named as accused in the FIR include Vijay and Vinay Kochhar, both directors of Sujata Hotels and owner of Chanakya Hotel, Delight Marketing Company, now known as Lara Projects, and then IRCTC managing director P K Goel.

Railway hotel tender case: Lalu Prasad Yadav appears before CBI in Delhi for questioning

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Rashtriya Janata Dal (RJD) chief Lalu Prasad Yadav on Thursday appeared before the Central Bureau of Investigation (CBI) in connection with the Railway hotel tender case.The Central Bureau of Investigation (CBI) had on Tuesday asked Lalu Yadav to appear for questioning in the case which relates to alleged graft in awarding a contract to a private firm for the maintenance of two railway hotels when Lalu Yadav was the Union railway minister in 2006.The case pertains to allegations that Yadav, as railway minister, handed over the maintenance of two hotels run by the Indian Railway Catering and Tourism Corporation, a subsidiary of the Indian Railways, in Ranchi and Puri to Sujata Hotel, a company owned by Vinay and Vijay Kochhar, in return for a prime plot of three acres in Patna through a benami company.The FIR alleged that the RJD leader abused his official position for extending undue favours to the Kochhars and acquired a piece of “high value premium land” through the benami firm Delight Marketing Company.As a quid pro quo, he ‘dishonestly and fraudulently’ awarded the contract to them for the two hotels.The CBI registered the case against Lalu Yadav, his wife Rabri Devi, a former Bihar chief minister, son Tejashwi, who was deputy CM until a few months ago, and Sarla Gupta, wife of Prem Chand Gupta, a former Union minister.Others named as accused in the FIR include Vijay Kochhar, Vinay Kochhar, both directors of Sujata Hotels and owner of Chanakya Hotel, Delight Marketing Company, now known as Lara Projects, and then IRCTC managing director P K Goel.

‘GDP growth rate slipped under UPA regime’: PM Modi puts a premium on honesty, crunches data

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Prime Minister Narendra Modi on Wednesday took the fight to critics of his economy policies, especially of a slipping GDP growth rate, pointing out that that number had slipped to 5.7 per cent or below eight times in six years of the previous UPA government.Addressing the golden jubilee event of Institute of Company Secretaries of India (ICSI), Modi also called for much higher levels of honesty, both at an individual as well as professional level.”In the changing economic scenario, honesty will command a premium and the government will protect the interest of honest persons,” he said, and called upon the gathering of company secretaries to encourage their clients to honestly pay taxes.The Prime Minister reiterated that the economy was on sound footing and that he would not jeopardise the country’s future for short-term benefits.”Worrying about my present, I cannot put the future of the country at stake,” Modi said, referring to demonetisation and the Goods and Services Tax, which are widely being castigated as the reason for the decline in India’s growth rate.On Wednesday, the Reserve Bank of India revised its GDP growth rate from the earlier 7.3 per cent for financial year 2017-18 to 6.7 per cent, and held its repo rate on fears of resurgent retail inflation, given the government’s recent announcement of a stimulus package.”When data is good, the institutions and the processes (which make that data) are all good. The moment data becomes bad, all things become bad. Do you think this is the first quarter in which growth has been 5.7%,” PM said.”During the last government under the UPA, eight times the growth dipped to 5.7% or below,” the prime minister pointed out.Even as he conceded that the economy had taken a hit over the past few quaters, he declared that the government was ready to take all necessary decisions to reverse the trend.”The fundamentals are good, along with strong reform decisions and there is financial stability. We will keep taking all necessary steps. I assure that the government will put the country in a new league of development,” Modi said,He said the government’s hard work is showing results, with the economy moving slowly to lower cash transactions. “After demonetization, cash to GDP ratio has now come down to 9 per cent. It used to be more than 12 per cent before 8 November 2016,” he pointed out.Using extensive economic data, and drawing a comparison between the last three years of the UPA regime and the first three of his, Modi was constantly on the front foot while dissecting his critics on almost every point that has been raised over the past several days and weeks.As for the GST, likely the single largest piece of long-term economic reform this government has undertaken, Mdoi accepted that all things were not rosy. “The GST Council has been told to review all the bottlenecks and problems, and a solution be worked out involving all political parties and state governments. I assure traders that we are not orthodox and conservative. We also don’t know everything. But, if something needs to be done we shall do it.”

Corruption case: CBI asks Lalu Yadav, Tejaswi to appear for questioning; RJD leaders seek more time

<!– /11440465/Dna_Article_Middle_300x250_BTF –>The Central Bureau of Investigation (CBI) on Tuesday asked RJD leader Lalu Prasad Yadav and his son Tejashwi to appear for questioning on October 5 and 6 respectively in connection with an alleged corruption case.However, the RJD leaders have sought more time to appear before the CBI in the case which relates to alleged graft in awarding a contract to a private firm for the maintenance of two railway hotels when Lalu Yadav was the Union railway minister in 2006.The case pertains to allegations that Yadav, as railway minister, handed over the maintenance of two hotels run by the Indian Railway Catering and Tourism Corporation, a subsidiary of the Indian Railways, in Ranchi and Puri to Sujata Hotel, a company owned by Vinay and Vijay Kochhar, in return for a prime plot of three acres in Patna through a benami company.The FIR alleged that the RJD leader abused his official position for extending undue favours to the Kochhars and acquired a piece of “high value premium land” through the benami firm Delight Marketing Company.As a quid pro quo, he ‘dishonestly and fraudulently’ awarded the contract to them for the two hotels.The CBI registered the case against Lalu Yadav, his wife Rabri Devi, a former Bihar chief minister, son Tejashwi, who was deputy CM until a few months ago, and Sarla Gupta, wife of Prem Chand Gupta, a former Union minister.Others named as accused in the FIR include Vijay Kochhar, Vinay Kochhar, both directors of Sujata Hotels and owner of Chanakya Hotel, Delight Marketing Company, now known as Lara Projects, and then IRCTC managing director P K Goel.(With PTI inputs)

Will Iqbal Kaskar lead to Dawood Ibrahim? Unlocking D-Company mystery

<!– /11440465/Dna_Article_Middle_300x250_BTF –>It was just another Monday at a house in south Mumbai’s Nagpada, where the occupants were busy watching Kaun Banega Crorepati and having biryani, when the Thane Police came knocking.In what could be the biggest catch for India, ex-encounter specialist Pradeep Sharma and his team detained Iqbal Ibrahim Kaskar, the younger brother of India’s most wanted criminal — Dawood Ibrahim Kaskar.On the surface, it looks like a simple case of a Mumbai underworld criminal involved in an extortion racket targeting realtors and businessmen.But why would the police arrest Iqbal Kaskar is an old extortion case now?The answer lies in a special strategy adopted by India, reportedly formulated by National Security Advisor Ajit Doval, which is targeted to corner Dawood.Iqbal Kaskar is a very strong link that can help New Delhi to unmask the D-Company syndicate.The younger brother of Dawood Ibrahim, number 5 among 11 siblings, is relatively less fierce than other Kaskar brothers.An HT report quotes a police official, who said that Kaskar was a ‘softy’ in the D Company who ran extortion racket solely on ‘merit’ of his surname.Iqbal Kaskar never went with Dawood and other brothers Anees and Noora to Pakistan.He migrated to Dubai in late 80s, where he used to sell electronic items in shops given to him by Dawood.After 9/11 attacks, when the security forces came down on the D Company, Iqbal Kaskar was deported to India in 2003.He was booked in two case but was released on bail in 2007. The police said that he was running the extortion racket from the home of his sister Haseena Parker after her death in 2014.As the latest reports suggest that Iqbal Kaskar was in touch with his brother Anees Ibrahim, the police may be able to prove the link between Kaskar and his brothers in Pakistan.Amid all this, another important link in the D-Company mystery is Chota Rajan.Once a great friend and partner, Chota Rajan is now an arch enemy of Dawood Ibrahim.Arrested in Indonesia in 2015, Chota Rajan may be helping Indian security agencies with such specific intel.He is providing much insight to the police to nab the second most richest gangster in the world after Pablo Escobar, an HT report said.With arrest of Iqbal Kaskar, Dawood Ibrahim must be having sleepless nights in his plush home in Karachi.

Uber sorry for ‘Wife Appreciation Day’ promotion

The company urged customers to “let your wife take a day off from the kitchen”.

Gorakhpur tragedy: Owner of oxygen supply company finally nabbed

<!– /11440465/Dna_Article_Middle_300x250_BTF –> Manish Bhandari, owner of Pushpa Sales Pvt Ltd, which had snapped oxygen supply from Uttar Pradesh’s BRD Medical College over unpaid bills resulting in deaths of 31 children on August 10 and 11, was arrested by the Gorakhpur police on Sunday morning. Bhandari, who so far had eluded the police was trying to escape to neighbouring Bihar.With the arrest of Bhandari, the police have arrested all the nine accused in BRD Medical College tragedy. Eight accused including ex-Principal Dr Rajiv Mishra, his wife Dr Purnima Shukla, Head Encephalitis Ward Dr Kafeel Ahmed Khan, Head Anaesthesia, Dr Satish Kumar, Chief Pharmacist Gajanand Jaiswal, Account departments Clerks Udai Pratap Sharma, Sushil Tripathi and Sanjay Pandey are already under Gorkhpur Police custodyFacing non-bailable warrant (NBW) and fear of his properties being attached for evading arrest, Bhandri had submitted an application in the Gorakhpur Court for surrender on Saturday. On a tip off that Bhandari may sneak into Bihar till he was allowed by the Court to surrender, the Gorakhpur Police laid trap on all routes leading to Bihar. Bhandari was arrested from Deoria by-pass early Sunday morning when he was trying to escape to Bihar.During interrogation Bhandari revealed places where he had taken shelter to evade police arrest. The Gorakhpur Police may also initiate action against those who had given him shelter. The arrested owner of Pushpa Sales Pvt Ltd will be produced in the Court on Monday.After bagging the contract, Pushpa Sales Pvt Ltd was supplying oxygen to the BRD Medical College since 2014. As per the agreement, the medical college was allowed to take a credit of Rs 10 lakhs. Hospital sources claimed that the dispute over payment started in November 2016 allegedly on the issue of commission. Since then the payment kept on piling despite 14 reminders by the company. The company had sent last reminder on August 1 2017 for dues of Rs 63 lakhs and warned to stop supplies if payments were not cleared. The Company had snapped oxygen supply over unpaid bills on August 9 resulting in deaths of 31 children.UP Chief Minister Yogi Adityanath had constituted a high-level committee, headed by Chief Secretary, Rajive Kumar, to ascertain reasons of deaths of children. Following the Committee report, the Chief Minister had directed to lodge FIRs against nine, including Manish Bhandari, owner of Pushpa Sales Pvt Ltd.

DLF disowns firms listed at dilapidated Delhi house

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Real estate giant DLF group confirmed that it ran multiple companies from a dilapidated building in the Jhandewalan area of New Delhi – as revealed by DNA in a recent report. “The company has a large number of subsidiaries, given the nature of the industry,” the company stated in a response to queries from DNA.The real estate major said it had only 80 subsidiaries registered at the 1-E Jhandewalan, New Delhi, address as on March 2015. The company, however, disowned the other 388 companies which were also listed at the same address, even though these were involved in real estate-related businesses.On August 31, quoting Ministry of Corporate Affairs’ (MCA) master data, DNA reported that in 2015 a total of 468 companies were registered at the Jhandewalan address, also known as Naaz Cinema Complex (shares the boundary with income tax investigation headquarters). But post demonetisation, the number of companies got reduced to 245 (MCA data as on December 31, 2016). Not just the physical address, 111 of the 245 companies even shared a single email address. DLF, however, maintains that it had shifted some of its companies to other addresses, but it was not because of demonetisation.Data-mining by DNA revealed that some directors of these companies registered at Jhandewalan were common across more than 20 companies, which is illegal as per the New Company Act 2013. For instance, directors of Swarnavo Builders & Developers Private Limited’s were holding the same position in more than 50 companies located in the same address. According to MCA data, Ramchandra Prasad Sah, one of the directors of Swarnavo Builders, holds directorships in 77 companies, including DLF New Gurgaon Offices Developers Private Limited.Most of these 77 firms shared the Jhandewalan address.Six boards placed at the gate of Naaz Cinema complex display a list of more than 200 companies till August 2017, some blacked out with paint recently.The Supreme Court-constituted Special Investigation Team (SIT) on black money has recommended in its third report, released in 2015, that multiple companies registered at one address, one individual holding directorships in more than 20 companies are some of key indicators for shell companies.DLF response to DNAThe company has a large number of subsidiaries, given the nature of the industry. All the subsidiaries are duly reported. We wish to clarify that as of 31.3.15, we had only 130 subsidiaries, of which 80 were registered at the address mentioned in your query.This address used to house our Accounting/Tax and Secretarial functions. Subsequently, due to a planned process and given the business scenario, the number of entities has been reduced to 114 subsidiaries, of which 68 were registered in the address as of 30.06.2016. This figure was 109 as on 31.3.2017, out of which 62 are registered at the said address as mentioned.We wish to categorically state that the reduction of entities has happened due to general corporate direction and the event of demonetization had absolutely no role to play in the same. All of our subsidiaries are entities with specific business objectives and are fully compliant with all regulations as applicable.”

Odisha: 150 fall sick after consuming mid-day meal

Updated: Sep 15, 2017, 06:11 PM IST, ANI
<!– /11440465/Dna_Article_Middle_300x250_BTF –>Over 150 students of four primary schools fell ill allegedly after consuming mid-day meal in Odisha’s Kalahandi’s Lanjigarh block.The affected students have been admitted to government hospital at Biswanathpur after they complained of vomiting, loose motion, nausea and stomach pain.Two girl students of Bandhapari Kasurba Gandhi Vidyalaya were referred to Bhawanipatna government hospital but were later admitted to Burla VSS Medical College and Hospital after their condition turned critical.The mid-day meal was supplied by Manna Trust of Vedant Alumina Company.Kalahandi District Magistrate has ordered the district Education Officer to enquire the course of food poisoning

Three IPOs to hit market this week to raise Rs 6,600 cr

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Three companies — Matrimony.com, Capacit’e Infraprojects and ICICI Lombard — will launch their initial share sale offers this week to raise about Rs 6,600 crore.The initial public offer (IPO) of Matrimony.com, which runs online match-making portals, will be open from September 11-13.The IPO comprises fresh issue aggregating up to Rs 130 crore and an offer for sale of up to 37.67 lakh equity shares.Matrimony.com, which runs online match-making business under Bharat Matrimony brand, among others, is expected to raise over Rs 500 crore.The price band for the IPO has been fixed in the range of Rs 983-985 per share.The company has raised nearly Rs 226 crore from anchor investors on Friday.Net proceeds from the issue would be utilised towards advertising and business promotion activities, purchase of land for construction of office premises in Chennai, repayment of overdraft facilities and general corporate purposes.Engineering firm Capacit’e Infra projects’ worth Rs 400 crore IPO will be launched on September 13.The issue, with a price band of Rs 245-Rs 250 per equity share, will close on September 15.The company plans to utilise the proceeds of the issue for funding working capital requirements, purchasing of capital assets and general corporate purposes.Besides, ICICI Lombard General Insurance Company has set Rs 651-661 as the price band for its IPO, which will make it a Rs 5,700 crore issue.The issue, the first by any general insurance company, will be open for subscription from September 15-19.So far this year, 19 companies, including BSE, Avenue Supermarts and Central Depository Services (India) Limited, have hit the market with their IPO’s.Last week, Dixon Technologies and Bharat Road Network concluded their IPOs.

McDonald’s ends agreement for 169 outlets over breach of contract

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Weeks after 43 outlets of fast food giant McDonald’s were shut in the Capital, the McDonald’s India has terminated the franchise agreement for all of its 169 outlets in north and east India, run by the Connaught Plaza Restaurant Limited (CPRL). The company has blamed breach of contract terms and non-payment of dues for the decision.As per the latest development, the company has also barred CPRL, under which McDonald’s estranged franchise partner in the region, Vikram Bakshi, holds 50 per cent stake, from using the brand. It implies that the CPRL can no longer use McDonald’s name, system, trademark, design, and associated intellectual property, among other things.The decision will affect thousands of workers at the McDonald’s outlets. The company, however, has assured that it would give due consideration to lessening the impact on affected parties, such as employees, suppliers, and landlords, and is open to working with the CPRL to achieve these ends.In an official statement, McDonald’s Corporation Global Head of Corporate Relations, Foundational Markets, Ron Christianson, said: “The termination is essentially because of the CPRL’s violation of certain obligations as part of the agreement, including a default of payment of royalty.” He said the royalty was not paid for two years, even though the CPRL was given ample opportunity to rectify the defaults.”Today, we have issued the CPRL board a notice of termination of the franchise agreement between McDonald’s India Private Limited and the CPRL for 169 restaurants operated by the CPRL in north and east India,” the fast food chain statement read.Commenting on the termination notice, Bakshi said the decision was an open challenge to the National Company Law Tribunal (NCLT) judgment, which had directed the CPRL board to meet and discuss various issues.”The timing of this notice is hugely suspect because it comes on the morning of the first board meeting scheduled by the administrator,” Bakshi said. The administrator — a former judge of the Supreme Court of India — was appointed by the NCLT.”This is a completely contemptuous, malafide, and yet another oppressive act indulged in by the McDonald’s,” Bakshi said, adding that the CPRL was considering appropriate legal remedies to counter the notice. — with PTI inputs.

Accountant of a firm kills self, names its director in note

<!– /11440465/Dna_Article_Middle_300x250_BTF –>The chief accountant of a forging company allegedly killed himself by consuming poison in a hotel at Chakan in the district, the police said today. The deceased, identified as Nilesh Gaikwad (32), has named the director of his company in the suicide note purportedly written by him, a District Police official said. Gaikwad wrote that the director had asked him to borrow Rs 15 crore from various persons. “As per the 10-page suicide note, Gaikwad claimed that out of the Rs 15 crore, the director returned Rs 11.50 crore. However, the director started avoiding Gaikwad when the latter insisted him to pay the remaining payment as well as his commission, which collectively stood at Rs 4.10 crore,” a Chakan police station officer said quoting the suicide note. Gaikwad stated that he was under great pressure from the lenders. “The director had asked him to give him time till December to pay back the balance amount, but Gaikwad had requested him to pay at least Rs 1.45 crore so that he can get the lenders off his back for some time,” said the officer. However, as the director started avoiding Gaikwad, the latter took the extreme step. The matter came to light yesterday when the staff of the hotel, where Gaikwad had booked a room, grew suspicious after a foul smell started emanating from his room. “We are investigating from whom and when he had borrowed the money and gave it to the company director,” he said. The director was booked under section 306 (abetment of suicide) of IPC. The company officials cannot be reached for comments despite repeated attempts.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)

1,500 homebuyers protest against Jaypee

<!– /11440465/Dna_Article_Middle_300x250_BTF –>After seeing the ad for a luxurious 3BHK flat in Jaypee Aman of Noida’s Sector 151, the first thing that Vaibhav Malhotra did was take a bank loan. It has been eight years since then. Vaibhav, and hundreds of others like him, are still waiting for their dream homes.Nearly 1,500 such aggrieved homebuyers orgainsed a protest demonstration against the Jaypee builders and the Noida Authority at Jantar Mantar on Saturday. The protesters demanded that either they be given the possession of their houses, or their money back.Holding placards, the buyers and their families raised slogans against the builders and government for failing to complete the projects in time.Meanwhile, most of these buildings, including the Jaypee Aman, are still not finished. “Whenever we visit the Jaypee office, they tell us that they don’t have any money,” Malhotra said, adding that buyers were even given a false commitment letter, which stated that construction would be over by 2015.”We are being robbed by the builders and the government has turned a blind eye. We are have been paying EMIs for the loan as well as the rent. How can we survive like this? We have been fooled,” Malhotra said. Some buyers even threatened to commit suicide. “Since nobody is listening to us, we feel like committing suicide just like the farmers. I am a retired man, and I have invested all my savings in this flat,” said homebuyer Vipul Sharma.When the protesters tried to march towards the Parliament building, they were detained and taken to the Mandir Marg police station from where they were released later. “It is really shocking that we cannot even raise our voice for our rights. The people who should be arrested are sitting comfortably and the police are dragging us to the station,” said Nimrata Jain.Recently, the Allahabad Bench of the National Company Law Tribunal had declared Jaypee Infratech as an insolvent company. Jaypee Infratech, a part of the debt-ridden Jaypee group, has defaulted on Rs 526.11 crore outstanding loan to the IDBI bank. After the insolvency case, buyers have been left in the lurch.The Insolvency Resolution Professional (IRP) has come up with a few clarifications regarding a resolution plan and chances of refund for stalled projects.The IRP has come up with a list of 27 projects under three land parcels where buyers can submit a claim. Many buyers are confused about whether to file claims against the Jaypee Infratech or the JaypeeAssociates.The tribunal has further advised homebuyers, employees, and creditors of Jaypee projects to file their claims before August 24. “According to the new rules, homebuyers won’t be a part of the committee of creditors. Therefore, we are a bit reluctant. We are also creditors, like banks, so why is our category being diluted? The IRP has not clarified anything but only stated what the court has asked them to do,” Sanjay Pradhan, a homebuyer, said.The bank, which had given the loan to the Jaypee group had recently moved a petition for Jaypee Infratech’s insolvency, following which a series of protests erupted.False promises 2009 Jaypee came up with different projects 2012 Promised to deliver flats in 36 months 2015 Kept making promises and delaying the flats 2016 Several protests were held but no action or progress in the projects/homes. August 9, 2017 Jaypee declares itself bankruptThe company Jaypee Infratech, which is developing about 32,000 flats has not delivered homes under 27 different projects.

Woman files complaint against senior employee

<!– /11440465/Dna_Article_Middle_300x250_BTF –>A 30-year-old woman, working in a multinational company in Sector 21, lodged a sexual harassment complaint on Friday against a senior official in her company.The victim mentioned in her statement to the police, “We became friends while working together. He was quite upset with his wife. After a few days, he told me that he was going to divorce his wife and then forced me to get into a physical relationship with him. When I resisted, he threatened me that he would hamper my professional life. He even said that if I talk about this to anyone then he will make sure that I lose my job.”Praveen Malik, SHO, Palam Vihar police station said,”The accused has been identified and the investigation is underway. Hopefully, we will be able to arrest him soon.” An FIR has been registered under Section 345 A at Palam Vihar police station.

Infosys chief executive Vishal Sikka resigns

Vishal Sikka was appointed in June 2014 and tasked with turning around the struggling business.

Court awards Rs 7.78 L compensation to accident victim

<!– /11440465/Dna_Article_Middle_300x250_BTF –>A court here has awarded a compensation of over Rs 7 lakh to a man, who was injured in an accident in 2011 and could not work for nine months. Additional Sessions Judge Shivani Jaiswal awarded the compensation of Rs 7.78 lakh to Deepak Kumar Verma last week, government counsel Chaman Prakash Sharma said today. “The New India Assurance Company has been directed to pay the amount,” he said. On October 25, 2011, Verma was injured when his motorcycle was hit by a car near the Sector-34 central park. He suffered “grievous” injuries and was in hospital for 12 days. Deepak’s uncle Ashok Verma had lodged a police complaint. The victim was 40 years old at the time of accident.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)

Three directors of Amrapali Builder submit passports to DM

<!– /11440465/Dna_Article_Middle_300x250_BTF –> Three directors of Amrapali Builder had handed over their passports to Gautam Budh Nagar District Magistrate (DM), B.N. Singh and assured buyers that they won’t flee abroad and will pay their debts. One of the offices of Amrapali Builder is to be auctioned after failing to pay back their debts to Corporation Bank. Three directors, Anil Kumar Sharma, Ajay Kumar and Shiv Priya submitted their passports and also an eight-page letter to the DM at his office. The move comes after a lead financier, Bank of Baroda, approached National Company Law Tribunal (NCLT) for initiating proceedings for insolvency against the developer, for defaulting on loans. The order remains reserved with NCLT. The buyers claimed Amrapali Group has five unfinished housing projects in Noida, and a similar number of projects running behind schedule in Greater Noida, putting thousands of buyers in distress. A group of home buyers are also on hunger strike at its corporate office demanding completion of Amrapali Dream Valley in Zone 4, Noida West. The buyers claimed only around 30 percent of the project’s work has been completed, while they have already paid in full. The directors of Amrapali Group said they will continue to work to ensure all projects are completed and handed over to buyers, adding, they do not wish to go out of the country unless absolutely necessarily for company work or a family exigency. B.N. Singh said he has accepted the letter and passports of the three directors.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)

MU result chaos: No MoU signed between university and service provider

<!– /11440465/Dna_Article_Middle_300x250_BTF –>As the chaos over results continues at the University of Mumbai, it has now come to light that it skipped the most important step in the tendering process, namely signing of a memorandum of understanding (MoU) with MeritTrac — the company given the contract for the on-screen marking (OSM) process. Sources in the university have revealed that no MoU was signed between the university and MeritTrac when the contract was made final.”While the university followed the tendering process, one key step in the process of finalising of agency i.e., signing of the MoU was skipped. While the MoU is not a legal document, it is an important step in the whole process, skipped by VC Sanjay Deshmukh” said a source from the government on the condition of anonymity.With over 1.5 lakh answer sheets were yet to be evaluated as of Sunday, this means MU is likely to miss the August 15 deadline as well.With this revelation over the MoU, questions are now being raised over the credibility of the company appointed for the whole process. It has once again underlined the question of how the decision to bring OSM was taken in a hurried manner. “MoU is the most important document while finalising any contract. It lists out the terms and conditions of the entire process for both parties and also has some important guidelines which need to be followed throughout the process. OSM is a very big step by the university as the future of over 4 lakh students is at stake. If the university did not sign a MoU with the company for such an important contract, it is really shocking,” said AD Sawant, former Pro-VC of the university. Sawant said that in the 160 years of the university’s history, this might be the first time a MoU was skipped for such an important task. Nagendran Sundarajan, executive vice-president, MeritTrac refused to speak to DNA on the issue. “The university has not allowed us to comment on this issue,” he said.The university invited tenders for the OSM process in March 2017 on its official website. However, as it failed to get bidders, norms with respect to the eligible company were revised. While the annual turnover condition was brought down from Rs 100 crore to Rs 30 crore, the minimum technical score requirement for the bidder was brought down from 70 to 60. Finally, on April 28, MU appointed MeritTrac, a Bangalore based agency for the task. The company has been under the scanner ever since due to glitches in the system leading to further delay in the process.

SC refuses to extend July 31 deadline to dispose of liquor outside Bihar

<!– /11440465/Dna_Article_Middle_300x250_BTF –>The Supreme Court on Monday dismissed a plea of liquor manufacturers from Bihar to extend the July 31 deadline for disposing of the old stock over 2.80 lakh bottles of alcoholic beverages outside the state.A bench of justices Dipak Misra and A M Khanwilkar turned down the plea of the Confederation of Indian Alcoholic Beverage Company seeking extension of the time granted by the apex court. The manufacturers’ group had sought more time to get rid of the liquor stocks on the ground that over 2.8 lakh bottles were still left and would cause immense financial loss to them. The plea was opposed by advocate Keshav Mohan, who was appearing for the Bihar government.A vacation bench of the apex court had on June 8 modified its earlier order and allowed the liquor manufacturers to dispose of their old stock worth over Rs 200 crore outside the state by July 31. The manufacturers had told the bench that there were two issues — destruction of old stocks and export — in the plea filed earlier. The apex court’s May 29 order had mentioned only about time to destroy the stocks. In the May 29 order, the court had said, “Time to destroy /drain the stocks is extended up to July 31, 2017. It is made clear that no further extension will be granted in future.” Earlier, the court had extended till May 31 the deadline of April 30 for disposing of the old stocks, including raw material, fixed by the Nitish Kumar government which had imposed a ban on liquor in the state from April 1 last year.On May 29, the counsel representing the manufacturers, had submitted before the apex court that the firms would be incurring huge losses if they were not allowed to dispose of their existing stocks of alcoholic beverages outside Bihar. The state government had opposed the demand for extension of time, claiming the firms were indulging in illegal liquor trade.The apex court had on March 31 granted time till May 31 to these companies to dispose of the old stocks and directed them to follow the resolution passed by the Bihar government on disposal of stocks following the imposition of prohibition in the state. The Bihar government had on March 30 passed a resolution by which it has allowed the companies to export their old stocks to other states.The state government had granted time to export the excisable and non-excisable articles till April 30, after which they would not be able to do so.On October 7, 2016, the apex court had stayed the operation of the Patna High Court judgement quashing the state’s law banning sale and consumption of all types of liquor, saying liquor and fundamental rights “do not go together”.The Bihar government has challenged the high court verdict of September 30, 2016. However, after the law was set aside, the Bihar government had come out with a new law banning sale and consumption of liquor which was notified on October 2, 2016. It had notified the Bihar Prohibition and Excise Act, 2016 to ensure that the ban on sale and consumption of alcoholic beverages including Indian Made Foreign Liquor (IMFL) as well spiced and domestic liquor, continued in the state.

Govt initiates action against FYJC admission service provider

<!– /11440465/Dna_Article_Middle_300x250_BTF –>State Education Minister Vinod Tawde on Thursday announced that the government has initiated a disciplinary action against Nyasa Asia Private Limited after the delay and glitches in the FYJC online admission process.While responding to questions about the delays in the FYJC admission process, Tawde said that the company could not carry out the work allotted to it smoothly, and so action is being taken against it. “Action has been initiated against the company after looking at the terms of the contract signed with them,” he said.DNA had earlier written about the concerns raised over NYSA’s appointment for the job as the company was blacklisted for three years by the Punjab government in December 2016 after it allegedly failed to furnish proof of experience in handling online registration of three lakh students.The glitches in the application process and the delay in the declaration of the merit list this year had vexed many parents.Tawde said that while the server for the admission had the capacity of 8 lakh log-ins, over 15 lakh students logged in across the state, leading to some issues in the server. “It has been found that 242 students filled in wrong information at the time of application. However, students would only be admitted after making the necessary corrections and verifying their documents,” Tawde said.

Amid high profile exits, Infosys Co-Chairman hopeful of CEO Vishal Sikka to deliver results

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Infosys Co-Chairman Ravi Venkatesan is hopeful that CEO Vishal Sikka would deliver results for the company and not think of leaving it because of losing high-profile talents.Venkatesan stated this when asked if he sees Sikka turning things around for Infosys or turning his back on the company for failing to retain high-profile executives. “Well I very much hope that it is the former (that Sikka will turn things around), not the latter (that he will turn his back on Infosys due to losing high-profile talents),” Venkatesan told PTI here.Market watchers are speculating over the stint of Sikka at Infosys in the backdrop of as many as 11 executives quitting the company after took charge, the latest being Yusuf Bashir, who was leading the USD 500-million startup fund of software services for over two years. Talking about exits, Venkatesan said it was not a matter of great surprise because the executives were highly desired in IT industry. But the company needed to make sure that it did not lose talent, and the best way to retain them was to allow them to grow.”But when the industry is changing so fast, boss, if people have an opportunity to become a CEO somewhere else and become number 2 somewhere else, we cannot stop them,” he added. Nevertheless, Venkatesan said, he felt bad if any of good employee left the company because he was an emotional person. “We had a few exits, and I am an emotional person also. Every time a good employee leaves at any level, I feel bad about it,” he said.Replying to a query, Venkatesan said all stakeholders, including the founders and the promoters, will feel anxious due to cultural transition, which brings a sense of instability among them.”I think the big challenge for all companies including us is to manage the cultural transition – changing business model, market and business strategies. “During this shift, there obviously is a sense of instability, and therefore employees feel anxious. Investors may feel anxious. Certainly, the people who built this company like the founders will feel anxious,” he said. Venkatesan said during the stints of N R Narayana Murthy and Nandan Nilekani as the company heads, Infosys saw amazing performances because there was a tremendous amount of alignment between market, business model and culture.”When market changes, you try to change your model; your strategy. Then what happens is, you start bringing in new people to fill gap in new areas like digital. They come in with a different mindset and cultural orientation. They come in at different composition levels etc, and this creates stress in the system,” he added. Hence, it was the job of a board and senior management to manage transition. It was not about strategy, but managing people, anxieties, emotions and relationships in the process, Venkatesan said.

Six arrested for violence at VIVO factory

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Workers at VIVO factory turned violent on Tuesday evening when the company’s management sacked over 60 people workers without any prior notice in Ecotech-I in Greater Noida on Tuesday.Sources say that, over the last couple of months, the company has handed pink slips to an estimated 700 workers without prior notice.The incident took a violent turn on Tuesday, when one of the security guards of the company allegedly slapped one of the 60 retrenched workers and shooed him away when he asked about his wages and his job.Soon after the incident, workers gathered in numbers and staged a protest. They also broke windows of the building and cell phone assembly units in the factory.A clash between security guards and workers continued outside the company gates for about half an hour, before police took the situation in hand. Some workers received minor injuries during the clash.Police listened to both sides and brought the matter under control.”The situation is under control. We had asked the workers not to indulge in any kind of violence and had also asked company officials to mend their policies in terms of recruitment of workers and sacking them.” said Nishank Sharma, Circle Officer-2 Greater Noida.According to an official of World Trade Centre commercial complex, where the VIVO factory is situated, the company had asked its employees to leave after lunch as they did not have much work.”The employees are on contract so no notice has to be served prior to the sacking. They attacked our security guards and ransacked the factory. We are estimating a loss of around Rs 10-12 lakh. We shall identify the attackers through CCTV and lodge an FIR against them,” said a company official.

Previous govt left many potholes for us to fill: Khattar

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Haryana Chief Minister Manohar Lal Khattar today said the previous government had left many “potholes” for the present dispensation to fill, but the BJP government was committed to provide corruption-free, transparent and an accountable government to the people. “I can say that we have fulfilled most of our promises we made to the people. We had promised to give transparent and corruption-free government, one which will be accountable to its people and we have delivered on this…However, we want even more transparency should be there and we are working on this,” he said. Khattar was addressing a press conference on the occasion of completion of 1,000 days of the first BJP government in Haryana, which came to power on October 26, 2014. Hitting out at the previous Congress government, the Chief Minister said it had left many “potholes” for the present regime to fill. Talking about bringing transparency in governance, Khattar said, “We linked most of the citizen delivery services with IT, like we started e-registration in tehsils etc.” “Along with providing transparent administration, we ensured that all recruitments were made purely on the basis of merit, unlike in the past when favouritism was rampant and even quotas were fixed on the basis of which people used to get jobs,” he alleged. “It used to pinch me when I used to look at the youths who despite being well qualified had to face disappointment of not getting jobs, not because they lacked merit, but they did not have ‘sufarish’ (approach). But the present government has ensured transparency in recruitments,” Khattar said. Targeting the previous Congress regime, he said, “People used to only talk about Badli, Barti and CLU (transfer, recruitment and CLU). Some also used to talk about Bapu-Beta Company (father-son company).” The chief minister said the present government has carried out “equitable development” and followed the Gujarat model in this regard. “We did not discriminate on the basis of region, caste or any other consideration. We have been moving ahead with the spirit of Haryana Ek Haryanvi Ek and undertaken equitable development in all the 90 assembly constituencies, which are represented by the MLAs of ruling party and opposition alike. People’s faith in this government has increased. “We also took inspiration from Gujarat, where development model was not based on any kind of discrimination or regional bias,” he added. Replying to a question, Khattar said, “…Whichever party is in power it has to do all works, finish the unfinished tasks of the previous government and fulfill its own announcements.” “We have mandate for five years, if people wish then we will come to power for another term, if they do not wish so then we will not come (to power)…but I can assure you that people will again bring us back on the basis of our work.” Khattar accusing the previous government of indulging in regional bias. “Mewat area was only used as votebank and completely ignored by the previous regime, but we are committed to accelerate development in that area,” he said. Khattar said we have “filled many potholes” which were left by the previous government, but quipped that some of these potholes are “very big which even we are finding difficult to fill”. “We are doing not only for our works, but completing the tasks left unfinished by them,” he said. To another question, Khattar said that during past 1,000 days he has made 3,700 announcements and work on 1,854 has either been completed or was quite close to completion.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)

Man arrested for duping people on pretext of foreign jobs

<!– /11440465/Dna_Article_Middle_300x250_BTF –>A person was arrested for allegedly duping people on the pretext of providing them jobs in the Gulf countries, police said today. Kamlesh Prashad, Majahar and Riyazudin set up K S Makkah Al Jazeera in Vijay Nagar area and conned several persons to provide them with jobs like plumbers, technicians and cleaners on higher salaries, Deputy Superintendent of Police (CO City 1st) Manisha Singh said. Many persons submitted their passports and the requisite amount with the company when they learnt about the jobs in newspaper advertisements, he said. They were told that the company will provide them air tickets along with food and lodging facilities and in turn they will have to serve the pilgrims during their visit to the holy cities of Mecca and Medina, Singh said. The acccused called the the jobseekers to come on July 13 to travel to to Saudi Arabia. However, much to their dismay, they found the shutters of the company closed when they reached there yesterday, the DSP said, adding the job seekers then approached the police. Police said a case under sections 420 and 406 of IPC has been against the accused. Prashad has been arrested while hunt is on to nab the other accused, they said. Police said 155 passports of job seekers from UP, Punjab, Bihar, Chhattisgarh, Delhi and Uttarakhand were recovered from the company. Earlier, the trio have duped several gullible unemployed persons on the pretext of providing them jobs in the Gulf countries, they added.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)

Alumnus donates Berkshire stocks to US Foundation of IITKGP

<!– /11440465/Dna_Article_Middle_300x250_BTF –>The president of Berkshire Hathaway Insurance Group and IIT-Kharagpur alumnus Ajit Jain has donated stocks of the company to IITKGP Foundation US for his alma mater. An executive body member of IITKGP US Foundation said today till very recently the institute had been receiving only monetary donations. However, in a recent development IITKGP has been encouraging donation of stocks and shares to the institution, an IITKGP spokesperson said. Ajit Jain, distinguished alumnus of IITKGP has held various positions at top-tier management consultancy McKinsey & Company until 1986 when he joined Berkshire Hathaway.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)

Indian mutiny: Remembering farmers who fought British rule

Revisiting the time when Indian farmers fought alongside rebel soldiers in 1857.

Kaspersky Lab complains it has been drawn into U.S.-Russia geopolitical game -RIA

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Russian cyber security firm Kaspersky Lab said on Wednesday it had fallen victim to geopolitical sparring between Russia and the United States, but said it was ready to respond to any questions from U.S. officials, the RIA news agency reported. The Trump administration on Tuesday removed Moscow-based Kaspersky Lab from two lists of approved vendors used by government agencies to purchase technology equipment, amid concerns its products could be used by the Kremlin to gain entry into U.S. networks. “By all appearances, Kaspersky Lab happened to be dragged into a geopolitical fight where each side is trying to use the company as a pawn in its game,” RIA quoted the company’s press service as saying. Company head Eugene Kaspersky has more than once proposed meeting U.S. government officials and has offered to testify to the U.S. Congress “to respond to all questions from the U.S. government that may arise”, the press service was cited as saying.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)

Plaints piling up against firm hired for garbage collection

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Complaints have started piling up against the company that was hired by the Jaipur Municipal Corporation (JMC) for door-to-door waste collection about two months ago. BVG India company tasked with the project was supposed to collect the waste from eight wards of the city.Now, even the Commissioner of Jaipur Municipal Corporation, Ravi Jain, has raised question over the working and performance of the firm. Jain recently did a review of the door-to-door project and according to the minutes of the meeting, the JMC commissioner was not satisfied with the performance of BVG India company.During the meeting, it was disclosed that the firm’s vehicles were not collecting garbage from even half the houses from areas that were assigned to it. Even in the wards where the firm is working, the JMC had to use its resources for collecting the garbage. To gauge the efficacy of firm’s working, Jain has ordered that all the JMC resources being deployed for the collection of garbage in Ward No. 4 of Civil Lines be removed.The door-to-door waste collection project was started two months ago to make Jaipur neat and clean. In the first phase, BVG India company started the work of door-to-door collection in the month of May in eight wards of Mansarovar and Civil Lines zones.It is being alleged that the JMC deliberately allotted Mansarovar and Civil Lines zones to favour the company because private contractors are already doing the work of door-to-door garbage collection in these areas and sanitation conditions here are much better than other areas of the city.Giving such area to the company smacks of favouritism, it is being said. The JMC officials told the commissioner that the company was told to provide the route plan of the vehicles that are engaged in the door-to-door garbage collection but the firm failed to provide it.UNHAPPY COMMISSIONERThe JMC Commissioner Ravi Jain has raised question over the working and performance of the firm.
Jain was not satisfied with the performance of BVG India company.
He has ordered that all the JMC resources being deployed for the collection of garbage in Ward No. 4 of Civil Lines be removed.
It is being alleged that JMC deliberately allotted Mansarovar and Civil Lines zones to favour company because private contractors are already doing garbage collection in these areas.
BVG India co started garbage collection work in the month of May

DNA Morning Must Reads: Fresh trouble for Lalu Yadav, Indo-China border issue, Sridevi on her daughters, and more

<!– /11440465/Dna_Article_Middle_300x250_BTF –>1. Fresh trouble for Lalu Yadav: CBI files case against RJD chief, family; conducts searches at 12 locationsThe CBI has also registered a case against the Lalu Yadav’s wife, son, then MD, IRCTC, a Private person, two Directors of Private Company, a Private Marketing Company and unknown in the same. Read more here2. Amid Sikkim stand-off, Chinese Army conducts exercises simulating battle scenariosAmid the Sikkim standoff, the Chinese Army is carrying out exercises simulating real battle scenarios at high-altitude areas in Tibet, testing new equipment, including a light battle tank. Read more here3. Burhan Wani’s death anniversary: Over 20,000 additional forces deployed, tension palpable in TralLess than 36 hours before Kashmiri militant commander Burhan Wani’s first death anniversary, security forces carried out searches, enhanced vigil and increased deployment in possible trouble areas in the Valley. Read more here4. Sridevi expects her younger daughter Khushi to follow elder sister Janvi into showbiz!While, Sridevi is going all out to support her elder daughter, Khushi is waiting in the wings. Meanwhile, Sridevi is waiting for her daughter to tell her about her showbiz plans. Read more here5. Premature baby to proud boxer, Manjit Kolekar’s fighting journeyThe 26-year-old from Mumbai started off as a boxer a decade ago. She made great strides in district and state level boxing, even going on to win the bronze medal in the Inter Zonal National Boxing Championship in 2011. Read more here

Fresh trouble for Lalu Yadav: CBI files case against RJD chief, family; conducts searches at 12 locations

<!– /11440465/Dna_Article_Middle_300x250_BTF –>In a fresh trouble for Rashtriya Janata Dal (RJD) chief and former Railway Minister Lalu Prasdad Yadav, the Central Bureau of Investigation (CBI) on Friday registered a case against him on the allegations of awarding the tender for development, maintenance and operation of Hotels at Ranchi and Puri to a Private Company dealing with Hotels in the year 2006.The CBI has also registered a case against the Lalu Yadav’s wife, son, then MD, IRCTC, a Private person, two Directors of Private Company, a Private Marketing Company and unknown in the same.Searches are being conducted at 12 Locations including Delhi, Patna, Ranchi, Puri and Gurgaon.(More details are awaited)

Road accident victim’s family get Rs 16L compensation

<!– /11440465/Dna_Article_Middle_300x250_BTF –>A Motor Accident Claims Tribunal (MACT) here has awarded over Rs 16 lakh to the family of a man who lost his life in a road accident involving a rashly driven car. MACT Presiding Officer Sanjay Sharma asked the National Insurance Company Ltd, insurer of the offending vehicle, to pay Rs 16.06 lakh to the family of Trilok Puri resident Ram Kishore who died in November 2015. “It is proved that the man died in a motor vehicular accident caused by rash and negligent driving of the offending vehicle (car) by the driver,” the tribunal said. It asked the company to compensate the victim’s family after noting that the offending vehicle had not breached any terms and conditions of the insurance policy. “The respondent number 2 (owner of the offending vehicle) has not breached any term or condition of the insurance policy. The insurer shall indemnify the liability of the owner towards the petitioners in respect of the accident,” it said, adding “the insurer is directed to pay compensation of Rs 16,06,000.” The tribunal noted that Kishore, a tailor by profession, is survived by his wife and four children. In the plea seeking compensation, the family alleged that the cycle which Kishore was riding was hit from behind by a rashly driven private cab at Vasundhara in Uttar Pradesh on November 8, 2015. Kishore was taken to a nearby hospital in the offending vehicle itself where he died. The cab driver claimed that the accident had taken place due to negligence of the victim who was riding his bicycle on wrong side and suddenly came in front of his vehicle.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)

Modi In US | India, US to cooperate against JeM, LeT; ask Pakistan to rein in terror groups

<!– /11440465/Dna_Article_Middle_300x250_BTF –>India and the US vowed to strengthen cooperation against terror outfits like Jaish-e- Mohammad, Lashkar-e-Taiba and D-Company, while urging Pakistan to ensure that its soil is not used for terror strikes against other nations.In a joint statement released after talks between Prime Minister Narendra Modi and President Donald Trump, the two nations also called on Islamabad to “expeditiously bring to justice the perpetrators of the 26/11 Mumbai, Pathankot, and other cross-border terrorist attacks perpetrated by Pakistan- based groups.”Briefing reporters on the meeting, Foreign Secretary, S Jaishankar said counter-terrorism was a major issue that was discussed between Trump and Modi during the day.
ALSO READ Modi in US | Pak must not let its soil be used for terror: Full text of Indo-US joint statement On the reference to Pakistan, he said the joint statement could not have been more explicit on the issue of cross border-terrorism being perpetrated by terror groups from the neighbouring country’s soil.”There was a broad and extensive discussion on Pakistan.
ALSO READ Prez Trump, PM Modi issue joint statement, vow to destroy radical Islamic terrorismOn certain issues it was very detailed,” he said, adding that there was a converging viewpoint of what is the problem and diagnose the problem.In another strong reference to Pakistan, Jaishankar said there was an extensive discussion between the two leaders on terrorism, “what its epicenter is” and how it is affecting the region, particularly the South Asian region where India is located.”It is not just an India situation. A lot of the discussions also related to what was happening in Afghanistan,” he said.Resolving to fight together against this grave challenge to humanity, the two leaders announced increased cooperation “to prevent terrorist travel and to disrupt global recruitment efforts by expanding intelligence-sharing and operational- level counter-terrorism cooperation.”The statement said that the two leaders committed to strengthen cooperation against terror threats from groups including Al-Qaeda, ISIS, Jaish-e-Mohammad, Lashkar-e-Taiba, D-Company and their affiliates.The two leaders recognised that terrorism is a “global scourge” which must be fought and terrorist safe havens rooted out in every part of the world.Jaishankar said the designation of Hizbul Mujahideen leader Syed Salahuddin by the US as a Specially Designated Global Terrorist “is a strong signal coming out of the administration that it is committed to ending terror in all forms.””We should take the step for what it is. It is fixing responsibility, highlighting the problem. There is a signalling out of it, it is focusing on a particular group and particular individual. None of us can really miss that message,” he said.The two sides also agreed to have a new consultation mechanism on domestic and international terrorist designations and listing proposals.Modi and Trump welcomed the exchange of information on known and suspected terrorists for travel screening.”They further resolved to strengthen information exchange on plans, movements and linkages of terrorist groups and their leaders, as well as on raising and moving of funds by terrorist groups,” the statement said.The leaders affirmed their support for a UN Comprehensive Convention on International Terrorism that will advance and strengthen the framework for global collaboration and reinforce the message that no cause or grievance justifies terrorism.”They also pledged to work together to prevent proliferation of weapons of mass destruction and their delivery systems and to deny access to such weapons by terrorists and non-state actors,” the statement said.

Government to float tender for 500 MW solar park

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Maharashtra, with the present solar installed capacity of 406 MW, has undertaken capacity addition of 2,500 MW by 2022 through public private partnership (PPP) and engineering procurement construction (EPC) basis. The state-run Maharashtra State Power Generation Company (MahaGenco) will invite tender in July for the development of a solar park with 500 MW capacity at Dondaicha in Dhule district. The proposed solar park will be set up in an association with the Solar Energy Corporation of India (SECI), also based on PPP.MahaGenco has already acquired 500 hectares of land and worked out a water supply scheme for the solar park. The developer will set up the project, operate it, and supply nearly 20 per cent power to the state-run Maharashtra State Electricity Distribution Company (MahaVitaran) and the balance 80 per cent to buyers from the open market.Besides, MahaGenco will float tenders in phases to add 1,000 to 1,500 MW on PPP basis for solarisation of agricultural feeder by constructing a solar project of 2 MW to 50 MW capacity across the state. The government will provide the land and make available the evacuation facility. The objective is to supply uninterrupted power generated from these solar projects to farmers on the field.A MahaGenco officer told DNA that they will put the necessary infrastructure in place, while MahaVitaran will be engaged in the distribution of power. Further, the MahaGenco plans to add 500 MW by roping in EPC contractor.

Uber faces lawsuit over Delhi rape investigation

The company is accused of invading the rape victim’s privacy.

Heavy rain causes waterlogging, flood situation in Mumbai, Manipur

<!– /11440465/Dna_Article_Middle_300x250_BTF –> Due to heavy rain in the past few days, the Nambul River and Imphal River breached the banks and overflowed near Sagolband Moirang Leirak, Kairang and Chabung Company, Mayang resulted in flooding houses. The most severely affected area is the Mayang Imphal area and its neighbouring villages. The retailing wall of the river at Chabung Company near Goddess Wangbren temple was also broken due to the situation. Many areas in the vicinity of Uripok, Sagolband are also inundated by overflowing water from Nambul as are many parts of the city. Meanwhile, Mumbai also faced heavy rain last night which has led to waterlogging in Ghatkopar and other areas. Heavy showers have lashed at the Borivali, Kandivali, Andheri, Bandra, Dadar, Worli, Parel and parts of south Mumbai. According to reports, ten incoming flights were also diverted to other airports due to heavy rain.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)

Crime branch registers case against a company for cheating,

<!– /11440465/Dna_Article_Middle_300x250_BTF –>A case has been registered by the Crime Branch of Jammu and Kashmir police against proprietors and other officials a company for allegedly alluring and cheating innocent youths on the pretext of sending them abroad for getting admissions to professional colleges. Acting on a report that a company, located at Bahu Plaza area of Jammu, was alluring and cheating the innocent candidates and their parents on the pretext of sending them abroad to various professional colleges, the Crime Branch registered a case and started enquiry, a Crime Branch spokesman said here today. During the probe it was found that the company was owned by Jallandhar-based S Bahvnoor Singh Bedi (Director), which was functioning through Rahul Dev (Regional Manager), Arundeep Singh and Vinod Kundal (Branch Manager) at Jammu, he said. It was also found that the company was not registered to carry out its business at Jammu or had the mandate to send candidates to various professional colleges abroad, he said, adding the company was alluring innocent candidates and their parents. They were impersonating themselves as authorised agents of various professional colleges of foreign countries and is taking money in lakhs from them on the pretext of sending them to various professional colleges abroad, he said. It was also revealed that the license was issued to the accused by the Ministry of External Affairs under the Emigration Act 1983 only for the purpose of carrying out the business of recruitment for deployment of Indian workers with foreign employers within the jurisdiction of Jallandhar area, he said. The company, in violation of the norms, had opened its office at Jammu and contacted about nine candidates through print and electronic media. They had taken Rs 27,000 from each of them as application and registration fee, he added.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)

ED attaches assets worth Rs 206 cr in coal block allocation case

<!– /11440465/Dna_Article_Middle_300x250_BTF –>The Enforcement Directorate (ED) has attached assets worth Rs 206 crore in connection with its probe against Jayaswal Neco Industries Limited in a coal block allocation case under Prevention of Money Laundering Act (PMLA).ED initiated the investigation in the case under the PMLA on the basis of a FIR registered by Central Bureau of Investigation against Jayaswal Neco Industries Ltd and its directors.The CBI has filed a chargesheet before the Patiala House Court against Jayaswal Neco Industries Ltd and its directors for the alleged commission of offence under Section 120B read with 420 and 406 of the Indian Penal Code.”It was alleged that Gare Palma- Sub Block IV/4 Coal block was obtained by Jayaswal Neco Industries Ltd through fraudulent means by making misrepresentation and the Company resorted to illegal use of coal mined in their Captive Power Plant (CPP) without any permission from central government,” a senior ED officer stated.It was further pointed out that as per allocation letter, the company had to wash the coal in a washery to 20 percent ash level and the middling and rejects produced during the process to be used in its Captive Power Plant . However, the coal was used directly in their sponge iron plant and Captive Power Plant, without setting up a washery or without any approval for its use in the Captive Power Plant directly.During the investigation by ED, it emerged that the company had extracted 3.8 million tonnes of coal during the period 2006-2015 from the said the Sub Block IV/4 Coal field.The company used the entire coal mined from the Gare Palma IV/4 coal block for production of steel and power in its plant, therefore the profit accrued out of sale of such steel and power has been accumulated in the reserve and surplus of the company and the company during the period under consideration has expanded its production capacity and fixed assets.”After deducting the royalty and the additional cess paid by the company, it is seen that the company had benefited to the extent of Rs. 206 Crore on account of extraction of coal from the the coal block which is the part of the proceeds of crime derived as a result of criminal activity relating to the schedule offence,” the officer added.

Teen disabled in road accident gets Rs 24.39 lakh compensation

<!– /11440465/Dna_Article_Middle_300x250_BTF –>A college-going teenager, who lost his right leg after being hit by a rashly driven car, has been awarded over Rs 24 lakh by a Motor Accident Claims Tribunal (MACT) here. MACT Presiding Officer Madhu Jain directed State Bank of India (SBI) General Insurance Company Ltd, insurer of the car, to pay Rs 24,39,350 to Fahad Ahmed Siddiqui, who was 19 years old when the accident took place in 2016. The tribunal, while deciding the case in favour of the victim, relied on his medical report which said he suffered 85 per cent permanent disability in his right leg, which had to be amputated. It also relied on the documents including the FIR, the mechanical inspection report and the charge sheet filed against accused driver-cum-owner Mahesh Kumar. According to the petition, Siddiqui, a resident of New Friends Colony in south-east Delhi, was going to his college in Noida on July 5, 2016, and as he was crossing road right outside the main gate of the college, a rashly driven car hit him from backside and dragged him to a distance. He was taken to a hospital where he was admitted for almost a month and his leg was amputated. During the proceedings, the accused driver refused to take the responsibility of the accident and instead blamed the victim for crossing the road negligently. The insurance company contended there was a delay of almost 20 days in lodging the FIR. The MACT, however, rejected all the contentions while relying on the documents available on record. It also observed that the petitioner suffered grievous injuries due to which his family members are expected to first think about his medical treatment and then about lodging FIR. The FIR was lodged on July 24, 2016 on the complaint of victim’s father.(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)

City to get VFX and gaming centre: M Venkaiah Naidu

<!– /11440465/Dna_Article_Middle_300x250_BTF –>Union Minister for Information and broadcasting M Venkaiah Naidu on Tuesday informed that a national centre of excellence for visual effects and gaming will be set up in Mumbai on 20 acre of land in Film City. Naidu also announced that the National Museum of Indian Cinema will be thrown open by July this year in Mumbai. Naidu stated that he has reviewed various projects and schemes of Union Government being run in the state of Maharashtra. He said that Maharashtra is a leading state and has shown the way forward for many a National level decisions. He said that bids have been received for the national centre of excellence for visual effects and gaming project and National Building Construction Company will be constructing this centre. The student capacity will be around 1,480. The National museum of Indian Cinema will be set up near Peddar Road and will be completed by July. It will be a storehouse of Indian Cinema and will provide information on Indian cinema.

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