Delhi

India: ICICI Bank loan fraud; CBI files charge sheet against Kochhars, Dhoot

New Delhi, Apr 8 (PTI) The CBI has filed a charge sheet against former MD and CEO of ICICI Bank Chanda Kochhar, her husband Deepak Kochhar and Videocon Group founder Venugopal Dhoot in a Rs 3,250 crore loan fraud case, officials said on Saturday.

The agency has filed the charge sheet under sections 120-B (criminal conspiracy) and 409 (criminal breach of trust) of the Indian Penal Code (IPC) and provisions of the Prevention of Corruption Act, among others, they said.

India: Supreme Court committee on Adani issue will have limited terms of reference: Cong

New Delhi, Apr 8 (PTI) The Congress on Saturday said the Supreme Court committee to look into the Hindenburg research report on Adani group has limited terms of reference and "cannot bring out the deep nexus between" the prime minister and the billionaire businessman.

The remarks came soon after Nationalist Congress Party (NCP) supremo Sharad Pawar said this panel will be more useful and effective than a joint parliamentary committee to probe the Adani issue.

India: Convicts, undertrial prisoners released during pandemic return to Delhi jails after SC order

New Delhi, Apr 7 (PTI) Several convicts and undertrial prisoners who were granted emergency bail or parole during the COVID-19 pandemic returned to Delhi's jails on Friday after the Supreme Court directed them to surrender.

India's rising Covid cases: Experts say common cold-like spread suggests endemicity, urge precaution

New Delhi, Apr 7 (PTI) The rise in Covid cases is indicative of the SARS-CoV-2 virus moving into an endemic state in India and behaving like other coronaviruses that cause common cold-like symptoms and can keep reinfecting, say scientists.

Giving the reassurance that a monster spike on the lines of the Delta wave in the spring of 2021 is unlikely due to the endemic nature of the virus, they also cautioned that the spread could be halted by following established protocols.

India: Congress slams govt after NGT forms panel to revisit environmental nod to Nicobar project

New Delhi, Apr 7 (PTI) The Congress on Friday attacked the Centre over the National Green Tribunal constituting a committee to re-examine the environmental nod to the Great Nicobar Island project, alleging that the Modi government has embarked on "ecocide" and what is being pushed through is an "ecological nightmare".

Indian national gets 33-month jail term for defrauding elderly people in America

Washington, Apr 7 (PTI) An Indian national in the US has been sentenced to 33 months in prison and ordered to pay USD 2.4 million for defrauding elderly people in America.

Ashish Bajaj, 29, pleaded guilty on August 4 last year before District Judge Kevin McNulty in Newark federal court to information charging him with conspiracy to commit wire fraud.

World Bank cuts India's growth forecast

New Delhi/Washington, Apr 4 (PTI) The World Bank and the Asian Development Bank on Tuesday projected moderation in the Indian economic growth between 6.3 per cent and 6.4 per cent due to a slowdown in consumption and challenging external conditions.

The World Bank in its latest 'India Development Update' (IDU) slashed the GDP forecast to 6.3 per cent against the earlier estimate of 6.6 per cent in 2023-24 (FY24).

India: Court extends Sisodia's judicial custody till April 17 in claimed excise scam

New Delhi, Apr 3 (PTI) A special court on Monday extended the judicial custody of former Delhi Deputy Chief Minister Manish Sisodia till April 17 in a corruption case related to the alleged Delhi excise scam.

Special Judge M K Nagpal, who had dismissed Sisodia’s bail application on Friday saying he was "prima facie the architect" and played the "most important and vital role" in the alleged scam, extended his custody after he was produced before the court. Sisodia's judicial custody was to expire on Monday.

Dubai court rules Sanjay Shah, suspect in tax fraud case, be extradited to Denmark

Dubai, Apr 4 (PTI) The Dubai Court of Cassation has rejected the appeal of Sanjay Shah, a British national wanted by Danish authorities on charges of fraud and money laundering, and has upheld the Dubai Court of Appeal’s ruling to grant Denmark’s request for his extradition, a statement said.

Shah, 52, a hedge fund trader, was arrested by Dubai Police in June last year in response to Denmark’s extradition petition, and his extradition was referred to the Dubai Courts by the Attorney General.

India: 28 wanted gangsters hiding in 14 countries: Sources

New Delhi, Apr 3 (PTI) The Centre has prepared a list of 28 most wanted gangsters operating from 14 foreign countries, with nine of them hiding in Canada and five in the United States, sources said on Monday.

Cases of murder, extortion and kidnapping have been slapped against these gangsters, including Satinderjit Singh alias Goldy Brar and Lawrence Bishnoi, suspected of being the mastermind behind the killing of Punjabi singer Sidhu Moosewala last year.

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