Panchkula, May 21 (IANS) The Central Bureau of Investigation (CBI) on Thursday filed a charge sheet in a Special Court against 15 accused, including three public servants and six bank officials of IDFC First Bank and AU Small Finance Bank, in the case related to misappropriation of Rs 504 crore belonging to the Haryana government. “The charge sheet filed in the Special CBI Court in Panchkula invoked penal provisions of criminal conspiracy, criminal breach of trust, cheating, forgery, destruction…
Latest Haryana Government News & Updates
Chandigarh, May 12 (IANS) The ED arrested two former employees of IDFC First Bank in connection with an ongoing investigation into the embezzlement of Rs 645 crore from the bank accounts of the Haryana government, the Chandigarh Administration, and others, an official said on Tuesday. The Directorate of Enforcement (ED), Chandigarh Zonal Office, arrested Ribhav Rishi and Abhay Kumar on Monday under the provisions of the Prevention of Money Laundering Act (PMLA),2002, the official said.After t…
New York, April 15 (IANS) B.R. Ambedkar’s concept of constitutional morality can strengthen multilateralism in a world beset by conflicts and political fragmentation, according to India’s Permanent Representative P. Harish.Speaking at the Ambedkar Jayanti observance here on Tuesday, he said that the Indian Constitution’s architect’s vision of morality and law, when applied to multilateralism, can help in reforming the UN and revitalise it.The Jayanti observed here on the 135th birth annive…
Faridabad, April 4 (IANS) Promising to bring the Ganga water to Faridabad, Haryana Chief Minister Nayab Singh Saini, while addressing the ‘Dhanyavaad Evam Viksit Faridabad Rally’ here on Saturday, made several announcements. He said that to reduce vehicular pollution, major junctions in the city will be improved in a phased manner to ensure smooth traffic flow and reduce pollution.He said due to quality issues arising from groundwater-based water supply, the possibility of providing fresh dr…
Chandigarh, March 19 (IANS) In a major administrative reshuffle, the Haryana government on Thursday transferred 23 Indian Administrative Service (IAS) officers. Chief Secretary Anurag Rastogi issued an order in this regard.Dr Raja Sekhar Vundru, Additional Chief Secretary (ACS) of the Food, Civil Supplies and Consumer Affairs Department and the Transport Department, has been posted as ACS of the Printing and Stationery Department, while retaining the charge of ACS, Transport Department.…
Chandigarh, March 13 (IANS) The ED conducted searches at 19 premises across Chandigarh, Mohali, Panchkula, Gurgaon and Bangalore in connection with the IDFC First Bank case involving embezzlement of public funds amounting to Rs 597 crore, an official said on Friday. During the searches, more than 90 bank accounts have been frozen, and incriminating material in the form of digital as well as documentary evidence has been seized, an ED official said in a statement.The Directorate of Enforcement (E…
New Delhi, March 10 (IANS) The Cabinet Committee on Economic Affairs (CCEA) on Tuesday approved the revised total capital cost of Rs 3,630.77 crore for the construction of greenfield connectivity to the Jewar International Airport from Delhi-Faridabad-Ballabhgarh-Sohna spur of the Delhi-Mumbai Expressway on hybrid annuity mode in Uttar Pradesh and Haryana.This 31.42 km-long-project corridor will provide direct and high-speed connectivity from south Delhi, Faridabad, and Gurugram to Jewar Interna…
New Delhi, March 10 (IANS) IDFC First Bank on Tuesday said it paid Rs 645 crore in claims linked to the fraud at its Chandigarh branch, about Rs 55 crore more than its initial estimate, and confirmed no further discrepancies have been found.IDFC First Bank said in an exchange filing that “against the initial estimate of principal of Rs 590 crore, the bank has received claims and paid the net principal amount of Rs 645 crore.”The claims “pertain to the same incident and linked to the same branc…
Mumbai, Feb 26 (IANS) Multinational brokerage Bank of America Securities (BofA) downgraded the rating on IDFC First Bank Ltd. to ‘Neutral’ and cut its 12‑month target price to Rs 75 from Rs 95, citing near‑term headwinds after the bank was de‑empanelled by the Haryana government following a fraud incident.The brokerage predicted a 13 to 14 per cent cut to the bank’s EPS estimates which prompted a downgrade from its earlier ‘Buy’ rating.The bank has seen nearly Rs 200 crore of deposit outfl…
Chandigarh, Feb 24 (IANS) Haryana Chief Minister Nayab Singh Saini on Tuesday said that while democracy guarantees every individual the right to protest and express views against the government, the Opposition’s decision to stage a demonstration at the main entrance of the Vidhan Sabha was not appropriate. Speaking on the issue of the Congress protesting outside the main gate of the Assembly in the morning, the Chief Minister said the demonstration was not proper.He said that the right to diss…