Obtained sanction to prosecute Arvind Kejriwal, CBI tells court
The Central Bureau of Investigation (CBI) on Friday informed a Delhi court it has obtained sanction to prosecute Chief Minister Arvind Kejriwal and AAP MLA Durgesh Pathak in a corruption case related to the alleged excise scam. The submission was made before Special Judge Kaveri Baweja, who posted the matter for hearing on August 27.
SBI able to support loan growth, lower deposit growth not a challenge: Khara
Amid concerns over the continuing gap between deposit and loan growth, SBI Chairman Dinesh Khara on Friday said it is not posing any challenges for the country’s largest lender as it is able to support the uptick in advances. The bank is unwinding a part of its excess investments in government securities to arrange the required resources to support the loan growth, Khara told reporters here.
Foxconn infuses Rs 1,200 crore in Karnataka unit
Electronics manufacturing giant Foxconn has infused about Rs 1,200 crore — approximately $144 million — into its Karnataka-based Foxconn Hon Hai Technology India Mega Development Pvt Ltd, the company said in a recent regulatory filing. The iPhone contract manufacturer’s Singapore-based arm Foxconn Singapore Pte has bought over 120.35 crore stocks of Foxconn Hon Hai Technology India Mega Development Pvt Ltd at Rs 10 per share on August 21.
None from NCP (SP) keen on being projected as CM face, seat-share talks on Aug 27: Pawar
Amid Shiv Sena (UBT)’s push for the opposition MVA to declare its chief ministerial candidate in Maharashtra, Nationalist Congress Party (SP) president Sharad Pawar on Friday insisted no one from his party was interested in getting projected for the top post and instead they were focused on effecting a change of government in the poll-bound state.
PM Modi highlights Gandhi’s message of peace ahead of talks with Zelenskyy in Ukraine
Prime Minister Narendra Modi on Friday underscored the relevance of Mahatma Gandhi’s eternal message of peace in building a harmonious society, as he paid floral tribute to the statue of the iconic Indian leader here in war-torn Ukraine. Modi arrived here earlier in the day after a nearly seven-hour trip from Poland to hold talks with President Volodymyr Zelenskyy amid Kyiv’s fresh military offensive into Russian territory. Modi paid floral tribute to Mahatma Gandhi’s statue in ‘Oasis of Peace’ park in Kyiv.
Bikaji Foods International acquires majority stake in Ariba Foods
Snacks manufacturer Bikaji Foods International on Friday said it has acquired majority stake in Ujjain-based Ariba Foods, which specialises in snacks and frozen foods. Bikaji Foods International has acquired a 55 per cent equity stake in the company totalling Rs 60.49 crore, which will help Bikaji to enhance its frozen food production capabilities and expand its market presence, according to a joint statement.
Tripura has enough food stock despite flood: Minister
Tripura has adequate stock of food items and fuel despite severe flooding in the northeastern state, a minister said on Friday. At least 22 people have died due to landslides and flood-related incidents since Monday and over 65,000 people have been displaced.
HC restrains political parties or individuals from calling for Maharashtra bandh
The Bombay High Court on Friday restrained political parties or even individuals from calling for a Maharashtra bandh. The opposition Maha Vikas Aghadi (MVA) alliance has called for a shut-down across the state on August 24 to protest against the alleged sexual assault of two kindergarten girls at a school in Badlapur in Thane district..
14 people killed, 16 injured as Indian-registered bus plunges into river in Nepal
At least 14 people were killed and 16 others injured after an Indian tourist bus veered off the highway and fell 150 metres into the fast-flowing Marsyangdi River in central Nepal on Friday, authorities said.
15-year-old boy drowns in waterlogged road in central Delhi
A 15-year-old boy drowned in a waterlogged road near The British School in central Delhi’s Chanakya Puri area following heavy rain in parts of city on Friday, officials said. The deceased, Sourabh, lived with his family at the Vivekanand Camp in the same area, the police said. According to the police, Sourabh and some of his friends were playing in the rain on the waterlogged road near the British School when he accidently ventured into deep water and drowned.
Sebi asks CAs to be ‘extra careful’ while auditing listed SMEs
Sebi’s whole-time member Ashwani Bhatia on Friday asked chartered accountants to be more diligent while auditing companies listed on the SME exchange platforms. Addressing an industry event of CAs, Bhatia said it is important to look at the listed SMEs (Small and medium-sized enterprises) in a more careful way because the same companies will grow to be a part of the main board in the future.
Bareilly court acquits 2 men accused of conversion, directs action against probing police officers
Two men accused of unlawful religious conversion were acquitted by a local court which has directed the district police chief to take action against the police personnel who investigated and filed charge sheet in the matter. The court gave its order on July 30 this year.
Security removal of women wrestlers a ‘miscommunication’, Delhi Police tell court
The Delhi Police on Friday informed a court here that it has rectified the earlier “miscommunication” about the withdrawal of security of the women wrestlers who are set to testify against former Wrestling Federation of India (WFI) chief Brij Bhushan Sharan Singh.
PM Modi pays historic visit to Ukraine; to hold talks with President Zelenskyy
Prime Minister Narendra Modi on Friday began a historic trip to the Ukrainian capital Kyiv, in a keenly watched visit that came just six weeks after he travelled to Moscow, and is aimed at exploring ways to find a negotiated settlement to the Russia-Ukraine conflict. It is the first-ever visit to Ukraine by an Indian prime minister after Ukraine became independent in 1991 and his trip comes amid Kyiv’s fresh military offensive into Russian territory.