Bhubaneswar, March 19 (IANS) Odisha Vigilance on Thursday arrested the prime accused and his wife in a ₹5.56 crore government fund embezzlement case.”Main accused in Rs 5.56 Crore misappropriation, Pradip Kr Mohanty, Retd Headmaster, re-engaged at BEO Office post retirement, along with his wife Gitarani Mohanty, who were absconding and on the run, changing locations in Odisha and West Bengal, were nabbed by a team of Odisha Vigilance early morning today,” a senior vigilance official informed o…
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New Delhi, March 19 (IANS) Industrialist Anil Ambani is set to appear before the Central Bureau of Investigation (CBI) at its headquarters in the national capital on March 19-20.Anil Ambani’s appearance before the CBI is in connection with the FIR registered on the basis of a complaint filed by the State Bank of India regarding Reliance Communications Ltd. (RCOM).“Anil D. Ambani will be appearing before the Central Bureau of Investigation (CBI) in Delhi on 19th and 20th March, 2026 for exami…
Bhubaneswar, March 18 (IANS) Odisha Vigilance on Wednesday arrested an official of a private bank for his alleged involvement in misappropriating over Rs 5.56 crore of government funds in connivance with his father, a retired teacher.According to Vigilance sources, the accused bank official, identified as Matruprasad Mohanty, was the Branch Head of Jana Small Finance Bank in Bhadrak.The fraud was carried out at the office of the Block Education Officer (BEO), Korei, in Jajpur district, resulting…
Guwahati, March 13 (IANS) The Central Bureau of Investigation (CBI) has arrested Abhisek Sen Gupta, Assistant Manager-cum-Loan Officer of the State Bank of India’s (SBI) Gumi branch in Assam’s Kamrup (Rural) district for allegedly demanding and accepting a bribe of Rs 16,000 from a complainant, a statement said on FridayAccording to a CBI statement, the case was registered on March 12 following a complaint that the accused officer had demanded an undue advantage of Rs 16,000 for processing loan …
Hyderabad, March 13 (IANS) Enforcement Directorate (ED), Hyderabad Zonal Office, has provisionally attached two immovable properties valued at Rs 35.05 crore in a bank fraud case against BNR Infra and Leasing, Elite Infra Projects Pvt Ltd and others.The properties attached under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, belong to Beereddy Narasimha Reddy and Anil Beniprasad Aggarwal, and are in the form of land parcel and residential flat.ED initiated an investigatio…
New Delhi, March 12 (IANS) About 7.83 crore Micro Small and Medium Enterprises (MSMEs) have registered on the Udyam Registration portal since 2020, while 1.37 lakh MSMEs have shut down in the same period, constituting just 0.17 per cent of MSMEs which have been closed, the Parliament was informed on Thursday.As recorded by 7.83 crore MSMEs registered on Udyam Registration Portal, total employment (as on February 28, 2026) is 34.50 crore, Union MSME Minister Jitin Ram Manjhi replied to a question…
Shimla, March 11 (IANS) In a significant move to restore the proceeds of crime to the rightful claimants, the Directorate of Enforcement (ED) of Shimla has successfully restituted immovable properties valued at Rs 1.69 crore to the State Bank of India (victim bank) in the bank fraud case of M/s Arvind Casting Pvt. Ltd. Earlier, immovable properties valued at Rs 1.44 Crore had also been restituted to the Bank of India by the ED in the instant case. The ED, in a statement on Wednesday, said it…
Kolkata, March 9 (IANS) The Enforcement Directorate (ED), Kolkata Zonal Office, has filed a supplementary charge sheet before the Special Court (PMLA) in Kolkata in connection with the ongoing money laundering investigation against Shree Ganesh Jewellery House (I) Ltd. (SGJHIL) and others under the Prevention of Money Laundering Act (PMLA), 2002.In a statement issued on Monday, the central agency said that a total of 15 new accused persons, including five individuals and 10 entities allegedly us…
Mumbai, March 8 (IANS) The market valuation of Larsen & Toubro declined sharply by Rs 45,629.03 crore this week, taking its total market capitalisation to Rs 5,43,208.36 crore, as a broad sell-off in equities weighed on India’s most valuable companies.Overall, eight of the top-10 most valued firms together lost Rs 2,81,581.53 crore in market valuation during the week.The losses came in line with a weak trend in the stock market, where the benchmark BSE Sensex dropped 2,368.29 points, or 2….
New Delhi, March 7 (IANS) India’s largest lender State Bank of India (SBI) on Saturday launched a $500 million (about Rs 4,597 crore) ‘Syndicated Social Term Loan Facility’ focused exclusively on women empowerment with a greenshoe option, which is a milestone for both the bank and the global ESG financing landscape.The PSU bank said the facility is aimed at accelerating social impact by promoting gender equality and supporting initiatives that reduce the gender gap.”It contributes to the United …