Fugitives Nirav Modi, Vijay Mallya now in trouble, as India sending its best team from Central Agencies to the UK. A high-level team of officers concerned from the CBI, ED, NIA would be heading soon to the UK to expedite fugitives. Nirav Modi, Vijay Mallya, defence dealer Sanjay Bhandari are India’s most wanted fugitives. PM Modi has brought up the issue of the extradition of fugitives in every India-UK trade-related meeting. Time and again, the delegations from the UK have faced India’s pressure for Vijay Mallya & Nirav Modi Extradition, as per sources. Vijay Mallya was ordered to be extradited by the British judiciary in 2019 and is yet to be sent to India. Nirav Modi has been held in custody at south London's Wandsworth prison since he was arrested in 2019. India and the United Kingdom have signed an extradition treaty on September 22, 1992.
16 January,2024 04:27 PM IST
Former Indian Skipper MS Dhoni filed criminal cases against his former business partners for an alleged fraud. MS Dhoni’s lawyer Dayanand Singh informed that CSK captain was allegedly duped by former ‘Ranji player’ of over 15 crore. He also alleged that the accused deceived MS Dhoni by saying that he would open cricket academies in his name. Dhoni filed a complaint in the Ranchi court against Mihir Diwakar and Soumya Vishwas of Arca Sports and Management Limited alleging discrepancies in a 2017 business transaction.
06 January,2024 02:18 PM IST
Adani Group Chairman Gautam Adani on February 02 reacted after calling off Rs 20,000 FPO. He said, “our balance sheet is healthy and assets, robust. Our EBIDTA levels and cash flows have been very strong and we have an impeccable track record of fulfilling our debt obligations. We will continue to focus on long term value creation and growth will be managed by internal accruals.”
08 February,2023 12:38 AM IST | Mumbai
The Congress party took a dig at Adani Group chairman Gautam Adani after the billionaire shared an emotional message for investors on Thursday. The Congress has been alleging that Prime Minister Narendra Modi and his government have been favouring the Adani group in various sectors. On Thursday, a day after deciding not to go ahead with the fully subscribed Follow-on Public Offer (FPO) of Adani Enterprises, the conglomerate chairman said it would not be "morally correct" to go ahead with the ₹20,000-crore share in the current market condition.
02 February,2023 05:56 PM IST
CBI on Dec 26 arrested Chairman of the Videocon Group Venugopal Dhoot, in connection with ICICI bank fraud case. Earlier, CBI arrested former ICICI Bank CEO Chanda Kochhar and her husband on Dec 23 in connection the case. The Kochhars are currently being interrogated by the investigation agency after being presented in a Mumbai court on Dec 24. Chanda Kochhar is accused of favouring Venugopal Dhoot when she was heading the bank. The CBI alleged that ICICI Bank sanctioned a loan of Rs 3,250 crore to Videocon Group in violation of RBI’s Banking Regulation Act. In October 2018, Chanda Kochhar, stepped down as the CEO and MD of the bank following the allegations. In September 2020, the ED arrested Mr Kochhar as one of the main accused in the ICICI-Videocon loan case.
26 December,2022 05:59 PM IST | Mumbai
Loan App Scam
Deputy Chief Minister and Home Minister Devendra Fadnavis assures Assembly that the state will expedite the crackdown on illegal mobile loan apps, and also establish a cyber intelligence unit to focus on the new wave of financial crimes
23 August,2022 10:43 PM IST | Mumbai
The city police have registered three more cases in connection with the new cyber fraud wherein scamsters are duping people of lakhs with fake electricity bills and warning of supply disconnection. A navy officer from Colaba, a businessman from Malabar Hill and a 21-year-old student of Pune’s Symbiosis International University are the latest victims of the scam.
23 June,2022 09:32 PM IST
Exactly 15 days after the state home minister Dilip Walse Patil called a meeting with top Maharashtra Cyber Cell officials along with mid-day reporters, taking cognisance of the loan app harassment reportage, the Cyber Cell has busted one module originating from Karnataka. Five accused who have been harassing borrowers by morphing their pictures and sharing the same with the victims’ contacts were arrested. The arrested accused includes a supervisor who was on the payroll of the loan app syndicate.
14 June,2022 09:57 PM IST | Mumbai
Cybercrimes should be dealt with under a separate law with provisions for stringent action. This is the crux of a proposal sent by Mumbai Commissioner of Police (CP) Sanjay Pandey to the state home ministry. Jolted by a series of mid-day reports on the harassment of borrowers of loan apps, state home minister Dilip Walse Patil talked of amending the law last week. Pandey has been a staunch advocate of a new cybercrime law for a long time.
07 June,2022 10:15 PM IST | Mumbai
On May 10, a woman from Vikhroli downloaded 2 apps and furnished her personal and banking details including Aadhaar card, PAN card and a live picture. She was subsequently informed that both the apps had approved a loan of Rs 3,500 but she only received Rs 2,200 each from the two apps.
24 May,2022 10:11 PM IST | MumbaiADVERTISEMENT
