New Delhi: A day after CNN-IBN reported on the findings of the Shunglu Panel on scam in construction of games village, the round of denials and counter denials has begun. In its second report, the VK Shunglu panel has squarely blamed the Delhi Lt Governor Tejinder Khanna and EMAAR MGF, the real estate developer, as the main culprits for the delays and corruption in the Commonwealth Games Village project. Responding...
08:00 PM, Mar 24, 2011
New Delhi: The VK Shunglu Committee, enquiring into corruption in the Commonwealth Games, has submitted its second report to the Cabinet Secretary. The report dealt with corruption in building of the Commonwealth Games Village. According to the Shunglu panel report, the total loss to the exchequer because of corruption and delays was Rs 220 crore. EMAAR MGF, the developers of the games village, indicted for causing loss to the exchequer....
09:09 PM, Mar 23, 2011
New Delhi: The Enforcement Directorate (ED) is likely to summon sacked CWG Organising Committee Chairman Suresh Kalmadi and some other officials for alleged violations of forex rules during 2010 Commonwealth Games. According to sources, the ED will issue show cause notices to Kalmadi and the others to ascertain their "exact" roles in financial dealings and other decisions related to fund transfers, especially for the Queens Baton Relay (QBR) that was...
05:27 PM, Mar 22, 2011
Pune: The Central Bureau of Investigation (CBI) on Tuesday requested the ICICI Bank to freeze two lockers of former CWG Organising Committee chairman Suresh Kalmadi in Pune's Yedwada branch. While the former CWG chief is in Bangkok to attend an athletics federation meeting, the CBI searched his personal lockers at Pune's ICICI bank and discovered gold jewellery worth Rs 1 crore. Kalmadi's aides say the jewellery has already been declared...
09:38 PM, Mar 01, 2011
R Jagannathan When finance minister Pranab Mukherjee reads out his budget speech shortly, he will promise many things. But, invariably, he will not deliver on some of them. He would also have got several things wrong. So, it is always good to take his forthcoming budget promises with a pinch of salt. Here’s a laundry list of the things he promised in his budget speech of February, 2010, which he...
10:21 AM, Feb 28, 2011
New Delhi: It’s not just the opposition that's facing Pranab Mukherjee's wrath. Babus from various ministries have been at the receiving end as well. That's because while the minister made lofty promises in last year's budget, the bureaucrats meant to carry them out just didn’t deliver. The next budget is out on Monday but the Finance minister isn’t happy with what various ministries have done with the announcements in his...
07:00 AM, Feb 27, 2011
New Delhi: The Economic Survey 2010-11 on Friday said there will be different set of norms for life and non-life insurance companies for coming out with a public float. "It is proposed that the disclosure requirements for life and non-life companies would be separately mandated given the nature of their respective business," the Economic Survey tabled in the Parliament said. The Survey said that investors would be required to be...
01:36 PM, Feb 25, 2011
Ranchi: Beleaguered former Commonwealth Games Organising Committee (OC) chief Suresh Kalmadi hit out at the authorities and said that the OC cannot be singled out and blamed in the CWG scam. His aggression came a day after his closest aide Lalit Bhanot was arrested by the CBI alongwith VK Verma - two of the senior most officials of the CWG OC. In his defence, Kalmadi said all approvals were obtained...
02:46 PM, Feb 24, 2011
New Delhi: Former Commonwealth Games Organising Committee Secretary General Lalit Bhanot was on Wednesday questioned by the CBI in connection with alleged irregularities in a Rs 107 crore contract that had been awarded to a Swiss time-keeping company. Bhanot has been booked by the probe agency under sections 120B (criminal conspiracy) and 420 (cheating) of IPC and various sections of Prevention of Corruption Act, along with Switzerland-based firm Swiss Timing...
02:03 PM, Feb 23, 2011
New Delhi: The CBI today arrested Additional Director General of CWG Organising Committee K U K Reddy and supplier Praveen Bakshi in connection with the overlays supply case. The premises of Reddy, ADG-Finance, and Bakshi, a former IAF group captain, were searched by the agency on February 18 along with that of five other CWG organising committee officials and suppliers in connection with the multi-crore overlays scam. The searches, spread...
09:09 PM, Feb 22, 2011
New Delhi: Pained by reports of his alleged involvement in Commonwealth Games-related scam, former Organising Committee chairman Suresh Kalmadi on Sunday said he would resign as Member of Parliament in case any proof of him having taken even a single rupee surfaces. "I can vouch that I have not gained financially even a single rupee out of these games and if proved otherwise I am prepared to step down as...
06:02 PM, Feb 20, 2011
New Delhi: In a quick follow up action, Prime Minister Manmohan Singh on Friday referred to CBI the Shunglu Committee report that had indicted suspended Prasar Bharti chief BS Lalli and Doordarshan Director General Aruna Sharma in the award of broadcasting rights of Commonwealth Games causing Rs 135 crore loss to the exchequer. Sharma, who belongs to the Madhya Pradesh cadre of IAS, has also been directed to be reverted...
10:21 PM, Feb 18, 2011
From the latest fashion trends to the showstoppers, catch all the action from Blenders Pride Fashion Tour 2010. ...
05:38 PM, Feb 13, 2011
New Delhi: Shekhar Deorukhkar, an aide of then Commonwealth Games (CWG) Organising Committee (OC) chairman Suresh Kalmadi, was on Saturday brought before a special court here and sent to five days in remand of Central Bureau of Investigation (CBI), an official said. "He was presented before the magistrate in the court and has been sent to five of days in CBI remand," informed CBI Deputy Inspector General Vinita Thakur. Deorukhkar...
06:45 PM, Feb 12, 2011
Vijay Iyer will fly to Los Angeles for the Grammy Awards 2010 on February 13. ...
11:20 AM, Feb 02, 2011
Just three months after Commonwealth Games 2010, Delhi witnesses absence of proper maintenance. ...
08:55 AM, Feb 02, 2011
New Delhi: The Government is likely to grant the Shunglu Committee, which is probing charges of corruption and procedural lapses in the Commonwealth Games, additional manpower. The decision was taken after the committee Chairman V K Shunglu expressed concern over the lack of staff to help compile data. The two-member committee was expected to submit its report by Tuesday but sought an extension from the Prime Minister's office. Sources have...
09:06 AM, Jan 25, 2011
New Delhi: Suresh Kalmadi has been sacked as the Chairman of Commonwealth Games Organising Committee with immediate effect. Kalmadi was asked to hand over charge to CEO Jarnail Singh on Monday by Union Sports Minister Ajay Maken. Lalit Bhanot has also been removed as Secretary General of the Organising Committee with immediate effect. The decision to remove Kalmadi and Bhanot was taken by the Union Sports Minister in the interest...
04:05 PM, Jan 24, 2011
Patna: Bihar's Bettiah district police have ordered the arrest of actor-politician Shatrughan Sinha for violating the model code of conduct in the October-November 2010 assembly polls. Bettiah Superintendent of Police Nishant Kumar Tiwari late on Saturday night ordered Sinha's arrest after an inquiry found him guilty. Tiwari directed the officer-in-charge of Gaunaha police station to attach Sinha's property if he was found absconding in the case. An FIR was lodged...
10:40 AM, Jan 23, 2011
MS Gill's controversial tenure as sports minister of India comes to an end. ...
09:20 PM, Jan 20, 2011
