New Delhi: Former Commonwealth Games (CWG) Organising Committee (OC) chairman Suresh Kalmadi on Thursday told a Delhi court hearing a corruption case related to the 2010 sporting event here that he was not involved in procurement of equipment. He said that the OC only gave recommendations for buying timing, scoring and result (TSR) system for the Games and was not involved in the purchase. Kalmadi's counsel Harshad Ponda told Central...
02:29 AM, May 25, 2012
New Delhi: The Delhi High Court on Tuesday reserved its verdict on a bail plea of AK Reddy, arrested for alleged irregularities in a contract for timing, scoring and result (TSR) equipment for the 2010 Commonwealth Games (CWG). Justice Mukta Gupta reserved the order after lawyers appearing for Central Bureau of Investigation (CBI) and Reddy concluded their arguments. Reddy, an official of Hyderabad-based company AKR Construction, is the only accused...
07:43 PM, May 08, 2012
New Delhi: A Special Central Bureau of Investigation (CBI) court in New Delhi has allowed former Commonwealth Games (CWG) Organising Committee (OC) chairman Suresh Kalmadi to go to Kazakhstan for attending the Asian Atheletics Association Council meeting to be held April 27. Special Judge Talwant Singh allowed Kalmadi and his aide, Lalit Bhanot to attend the meeting of the 73rd Asian Athletics Association Council, which is going to take place...
05:07 AM, Apr 19, 2012
New Delhi: The scam-hit Commonwealth Games Organising Committee is currently facing 45 legal cases filed by private companies seeking outstanding payment for their CWG-related work. Officials said that the number of cases against Organising Committee, which is under the scanner of investigating agencies for alleged financial irregularities, have risen to 45 from 30 in the last six months. "There are 45 court cases being contested by us. They are in...
04:58 PM, Apr 09, 2012
New Delhi: The Delhi High Court on Wednesday issued show-cause notice to former Commonwealth Games Organising Committee chief Suresh Kalmadi and his close aides Lalit Bhanot and V K Verma. The High Court, in the show-cause notice, asked them as to why they should not be suspended from the offices held by them in the Indian Olympic Association (IOA). Kalmadi, Bhanot and Verma, all accused in the multi-crore Commonwealth Games...
05:45 PM, Mar 21, 2012
New Delhi: In a major embarrassment for the Congress, Pune MP Suresh Kalmadi, accused in the Commonwealth Games scam and currently out on bail, was included on Parliament roster duty. When the matter came to light Congress chief whip Girija Vyas tried to play it down, saying that including Kalmadi's name was a clerical error. Although Kalmadi being a Congress MP can technically be put on roster duty, the party...
03:32 PM, Mar 12, 2012
New Delhi: A CBI special court Tuesday decided to resume March 13 the hearing in a corruption case related to the 2010 Commonwealth Games (CWG) held in New Delhi. The trial was put off after a defence counsel raised doubts over getting a fair trial. Central Bureau of Investigation (CBI) Special Judge Talwant Singh said the scrutiny of documents of the case would resume March 13. Judge Singh on February...
06:36 PM, Mar 06, 2012
New Delhi: The Delhi High Court on Monday dismissed a plea by Swiss Timing to stay a lower court proceeding against them in the Commonwealth Games Time Scoring and Results scam (TSR). According to the CBI chargesheet against them, sacked CWG Olympic Committee chief Suresh Kalmadi and others escalated the Swiss firm's tender cost, causing a loss of Rs 90 crore to the exchequer. Swiss Timing had approached the HC...
11:05 AM, Mar 05, 2012
New Delhi: The Delhi High Court is likely to decide on the plea of one of the accused in the Commonwealth Games Time Scoring and Results (TSR) scam on Monday. Switzerland-based firm, the Swiss Timing Omega, is seeking a stay on possible coercive measures against it, ordered by a lower court. Sacked CWG Olympic Committee chief Suresh Kalmadi had allegedly granted the contract to Swiss Timing, causing a loss of...
07:27 AM, Mar 05, 2012
New Delhi: Suresh Kalmadi will remain the President of the Indian Olympics Association (IOA) despite pressure from the IOC and despite being accused in the CWG scam. The IOA has said that Kalmadi will not execute his powers and that VK Malhotra will continue as the acting President. Kalmadi is out on bail after spending over nine months in jail. "Kalmadi has written two letters to the IOA acting president,...
02:08 PM, Mar 02, 2012
New Delhi: The Indian Olympic Association is convening an emergency meeting on Friday to discuss Suresh Kalmadi involvement in a host of scams during the Commonwealth Games organised in India in 2010. The sports body is under pressure from the International Olympic Council to take action against the former Commonwealth Games chief. The IOC has threatened to take action against Kalmadi if the IOA remained passive on the issue. Faced...
10:22 AM, Mar 02, 2012
New Delhi: Suresh Kalmadi, who was in jail for nearly nine months in connection with the Commonwealth Games scam, on Wednesday participated in a Parliamentary committee meeting on defence and gave suggestions about improving the performance of Hindustan Aeronautics Limited (HAL). Kalmadi, a former pilot, attended his first Parliamentary Committee meeting after his release on bail in January and inquired about the delays in completion of the indigenous Light Combat...
08:41 PM, Feb 29, 2012
HYDERABAD: The sports fraternity in the city came together on Wednesday to join the campaign, Stop Kalmadi and Save Indian Sports.BVP Rao, former IAS officer, who is the man behind the Clean Sports India Movement, lauded the players and said the campaign was aimed at bringing pressure on the government to ensure that tainted sports officials were punished for their role in the Commonwealth Games scam.We fear that officials like...
08:51 AM, Feb 23, 2012
London: In what comes as a relief for former Commonwealth Games Organising Committee chief Suresh Kalmadi, AM Films and AM Vans owner Ashish Patel has not named him in his statement to the London police. According to reports, though Patel did not name Kalmadi, he mentioned the names of Sanjay Mahindroo and T S Darbari in his statement. The Central Bureau of Investigation (CBI) is now likely to file a...
05:41 PM, Feb 16, 2012
Pune: Sacked Commonwealth Games Organising Committee chairman Suresh Kalmadi on Sunday said he was sure to "get justice" in CWG case and attributed the warm welcome accorded to him on his arrival in the city to its culture. "I have taken along with me all sections of society in the 30-35 years of my political life which has reflected in the warm welcome. Not only during good times but to...
09:41 PM, Feb 05, 2012
displayed with permission. Use of the CNN name and/or logo on or as part of CNN-IBN does not derogate from the intellectual property rights of Cable News Network in respect of them.
Disclaimer: Network18 Media & Investments Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
