Narendra Modi launches scooter scheme; Nirav Modi group property under ED scanner, and other top stories

February 24, 2018 08:02 pm | Updated 08:02 pm IST

Narendra Modi launches scooter scheme for women in TN

Prime Minister Narendra Modi landed in Chennai on Saturday to inaugurate the Tamil Nadu government’s scooter scheme for women.  Chief Minister Edappadi K. Palaniswami had announced that scooters will be distributed to 1 lakh women at a subsidised rate on former Chief Minister Jayalalithaa’s birth anniversary on February 24.

Diamond trader Mehul Choksi asks his employees to find other jobs

Diamond trader Mehul Choksi has sent a letter to his employees in India, asking them to look for other avenues of employment in the light of the ongoing controversy surrounding him and his nephew, Nirav Modi.

PNB fraud: ED attaches Nirav Modi group property worth ₹523 crore

The Enforcement Directorate (ED) on Saturday attached 21 properties, including a penthouse and a farmhouse, of Nirav Modi and his group worth over ₹523 crore in fresh action against the beleaguered jeweller in the alleged  ₹11,400-crore fraud in the PNB .

CBI books Delhi-based jewellery exporter, associate firm, owner and 3 directors 6 months after bank files plaint

The CBI booked recently a Delhi-based jewellery exporter and directors of two firms on the charge of cheating the Oriental Bank of Commerce (OBC) of ₹389.85 crore in connivance with some bank officials and some shady financial institutions six months after the bank lodged a complaint.

Trial in rape case against Tarun Tejpal from March 15-17

The trial in the rape case against  Tehelka  magazine founder-editor  Tarun Tejpal  has been postponed to March 15, 16 and 17 by a court in Mapusa in North Goa. Earlier, the court was supposed to hear the case from  February 26 to March 1 . The postponement was made following a request from Tejpal regarding a change in lawyer, said Special Public Prosecutor Francisco Tavora.

Modi launches Rs 1000-cr development schemes for Daman & Diu

Prime Minister Narendra Modi on Saturday, February 24, 2018 launched  development  schemes worth Rs 1,000 crore for Daman and Diu, and also inaugurated a flight connecting Ahmedabad to coastal town of Diu.

ICC to present Test Championship mace to Kohli

The International Cricket Council ( ICC)  will present the ICC Test Championship mace to India captain Virat Kohli at the Newlands Stadium in Cape Town after the end of the third and final T20 International against South Africa on Saturday.

38 killed in Mogadishu car bombings

Two car bombings killed 38 people in the Somali capital Mogadishu on Friday, the city's main ambulance service told  AFP  on Saturday. Shabaab Islamist militant group claims the attacks in a statement posted online, saying it was targeting the government and security services.

Arun Jaitley slams regulators for failing to detect PNB fraud

Union Finance Minister Arun Jaitley on Saturday slammed regulators for failing to detect the ₹11,400-crore  fraud  in the Punjab National Bank (PNB) for seven long years, saying unlike politicians, regulators in the Indian system are unaccountable.

Fix accountability within 60 days in bank frauds case, says Congress

Demanding a thorough probe by the RBI into the alleged ₹ 11,400-crore PNB fraud, the Congress on Saturday said the Prime Minister should assure the nation that accountability of the finance ministry, the Reserve Bank of India, and the management of defaulting banks would be fixed within 60 days.

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