Hyderabad: Three members of an inter-state white collar criminal gang who allegedly indulged in fraudulent transactions worth over Rs 3 crore from across the country, including the national capital, were arrested on Tuesday, the police said. The accused, including Anshul Thapar from Ludhiana, K Govardhan from Chitoor in Andhra Pradesh and Jainarayan Sisodia from Delhi, were nabbed from a location in Hyderabad by the Commissioner's Task Force (East Zone) and the Panjagutta police.
The trio's alleged offences include cheating banks to the tune of Rs 2.88 crore by withdrawing or transferring money using cloned credit cards in Delhi, besides alleged swindling Rs 38 lakh in Chennai as well as illegally carrying out balance transfer from banks to the tune of Rs 7.5 lakhs, the police said. They are also wanted in connection with five property-related offences reported from Kanchanbagh police station here.
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12:45 AM, May 22, 2013
Beijing: Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalise the economy, sources close to the government said, shunning policy stimulus for fear it could worsen local government debt and inflate property prices. A consensus had been reached among top leaders that reforms would be the only way to put the world's second-largest economy on a more sustainable footing, said the sources, who are...
06:30 AM, May 17, 2013
Jammu: A team of Jammu and Kashmir ministers headed by Deputy Chief Minister Tara Chand on Thursday visited the quake affected areas of Jammu region and took stock of relief and rehabilitation work. Chand, along with Minister for Rural Development, Ali Mohammad Sagar, and Minister of State for Health, Shabir Ahmad Khan, interacted with people and inquired about their problems and relief measures at Bhalessa, Gandoh, Changa, Kishtwar, Thatri and...
12:37 AM, May 17, 2013
Pune/Mumbai: Two Mumbai realty agents, nabbed in connection with the brutal murder of a Pune billionaire and his secretary for a property deal in Mumbai, were sent to police custody till Friday by a Pune magistrate in Mumbai on Sunday. Ibrahim Ismail Shaikh, 38, and Ravindra Shankar Shetty, 37, were arrested from Bandra suburb of Mumbai late on Saturday night. They have been charged with the murder of Vinod Broker,...
05:45 AM, May 06, 2013
New Delhi: More delay expected in the law to give women an equal share in property after divorce as Union Cabinet failed to clear amendments to the Marriage Act following differences between the Law Ministry and Ministry of Women and Child Development. A Group of Ministers will take up the proposed amendments now. At the Cabinet meet on Wednesday, there were sharp differences between the ministries over the question of...
03:24 PM, May 01, 2013
The US industry on Wednesday said it is reviewing the order of the Supreme Court early this week that denied patent on Glivec, a cancer medication produced by Swiss drug maker Novartis, as Corporate America expressed dismay at the court verdict. ...
01:00 PM, Apr 03, 2013
Government plans to set up a tough regulator for the real estate sector with provisions for even jail term for the developer for putting out misleading advertisements about projects. The proposed regulator will also make it mandatory for developers to launch projects only after acquiring all the statutory clearances from relevant authorities, Minister for Housing and Urban Poverty Alleviation Ajay Maken said at the National Editors' Conference in New Delhi....
03:50 AM, Mar 25, 2013
Over 1,000 IAS officers have failed to submit their immovable property returns to the government within the stipulated time frame in 2013. Of the total of 1,057 officers who did not submit their IPRs for 2012, a highest of 147 are from Uttar Pradesh cadre, 114 of Arunachal Pradesh-Goa-Mizoram-Union Territories (AGMUT), 100 of Manipur-Tripura, 96 of Jammu and Kashmir and 88 of Madhya Pradesh cadre among others, according to Department...
08:12 PM, Mar 10, 2013
DLF, India's biggest property developer, said its board of directors will meet on Wednesday to consider the sale of shares to institutional and retail investors to comply with the minimum public shareholding rules. ...
12:20 PM, Mar 05, 2013
Tax expert Subhash Lakhotia joined IBNLive readers for an interaction on the impact of Budget 2013 on taxes and investments. ...
06:10 PM, Feb 28, 2013
The Union Budget for 2012-13 should incorporate policies and measures to develop the domestic software industry and also focus on encouraging software products segment in the country by protecting it from foreign competition in the domestic market. ...
12:30 PM, Feb 22, 2013
A massive fire swept through a unit of Oil and Natural Gas Corporation (ONGC) at upper Assam's Sibsagar district killing two persons and destroying property worth lakhs of rupees, ONGC officials said. The fire started from a part of the Group Gathering Stations (GGS) number 3 of ONGC's Assam Asset at Geleki in Sibsagar around midnight. ...
02:27 PM, Jan 11, 2013
DLF will sell its Amanresorts luxury hotel chain back to original Indonesian owner Adrian Zecha for around $300 million. ...
12:58 PM, Dec 19, 2012
Hyderabad: Niloufer, the youngest daughter of Mukarram Jah, the grandson of the last Nizam of Hyderabad, has said that she will move court seeking her share of his property in Hyderabad. The 79-year-old Nizam Mukarram is in ill health and presently in London. Niloufer alleged that Mukarram's first ex-wife Princess Esra was trying to usurp all his property, including her share of the Chiran palace. She further said that she...
11:20 AM, Nov 20, 2012
Thiruvananthapuram: A day after the CPM wanted the precious jewels and priceless assets of the Sree Padmanabhaswamy temple to be made a public possession, Chief Minister Oommen Chandy on Friday said that it cannot be and the property belonged to the temple only. "This cannot be seen as a public property, instead it is the property of the temple and its devotees. The case is being heard in the apex...
03:33 PM, Nov 09, 2012
Panaji: The Goa unit of India Against Corruption (IAC) on Saturday demanded a probe into alleged under-valuing of properties purchased in Goa by union Law Minister Salman Khurshid, who is already facing fire over his NGO allegedly siphoning off money meant for the physically challenged. Demanding a probe, IAC coordinator here Valmiki Naik, an associate of Arvind Kejriwal, has also released a video on video networking site youtube featuring Khurshid's...
12:40 AM, Oct 14, 2012
New Delhi: BJP on Monday demanded an impartial and fair probe into whether Priyanka Gandhi Vadra had acquired a piece of land near Shimla in an improper manner. BJP Vice-President Shanta Kumar had written a letter to activist Arvind Kejriwal about a piece of land, located near Shimla, that was alloted to Priyanka Vadra and suggested that it should be probed if there were anomalies in the allocation. Asked if...
02:19 AM, Oct 09, 2012
Chennai: Invest or hedge? That is the dilemma confronting Ramesh who wants to have a small, comfortable nest in the city. Just when he thought he would buy one some months ago, property prices went north as the input cost went up. I was planning to buy a house in the city. But now I am having second thoughts as I really cant afford one. I will perhaps wait and...
12:21 PM, Sep 17, 2012
New Delhi: Two state-level boxers and a teenaged wrestler were on Sunday arrested for kidnapping a property dealer in outer Delhi on September 1, sources said. The police said that the businessman was on his way to work when the trio waylaid him and kidnapped him. The victim says he was waylaid and abducted by the accused. He alleges they then took pictures of him in objectionable positions with a...
01:59 PM, Sep 16, 2012
New Delhi/Mumbai: In a relief to developers and property buyers in Maharashtra on the vexed VAT issue, the Supreme Court on Tuesday stayed a Bombay High Court judgment and gave them two more months to pay the tax arrears, an official said. An apex court bench comprising Justice RM Lodha, Justice AR Dave and Justice Ranjan Gogoi passed the interim order while hearing a special leave petition (SLP) filed by...
02:45 AM, Aug 29, 2012
