Indian national charged with fraud in New York

Indian national charged with fraud in New York

An Indian national along with two other people was charged with conspiracy to trick distressed homeowners into selling their residences and reaping millions of dollars through the fraud. Rajesh Maddiwar, Mario Alvarenga and Amir Meiri were presented in Manhattan federal court before US Magistrate Judge Kevin Fox on Thursday. They each face a maximum sentence […]

Jayalalithaa to come back as CM on Saturday

Jayalalithaa to come back as CM on Saturday

AIADMK leader J. Jayalalithaa will be sworn-in as chief minister of Tamil Nadu for the fifth time on Saturday, within less than a fortnight of the Karnataka High Court upholding her appeal and acquitting her in a disproportionate assets case. Tamil Nadu Governor K. Rosaiah’s office, in a statement, said the governor has approved the […]

Ponzi scam: Sudipta Sen’s close aide arrested

Kolkata, May 19 (IANS) A close aide of ponzi scam tainted Saradha group chief Sudipta Sen, was arrested by the Central Bureau of Investigation from the bustling Sealdah station here on Tuesday, an agency official said. Arindam Das, alias Bumba, was alleged to be mentoring the “illegal” operations of the Saradha group in the South […]

Left Front, Congress walk out over farmer suicides

Kolkata, May 19 (IANS) The opposition Left Front and Congress on Tuesday staged a walkout from the West Bengal assembly protesting the speaker’s refusal to allow discussion on farmers’ suicides in the state. The opposition lawmakers raised the issue of suicides by potato farmers, but Speaker Biman Banerjee refused to allow any discussion. Congress legislators […]

HC irked at no-show of Delhi government in hearings

New Delhi, May 19 (IANS) The Delhi High Court on Tuesday pulled up the city government for panelled lawyers not appearing in court during numerous hearings and also took a dig at the locking of the office of an IAS officer at the Delhi Secretariat. Amid the tussle over appointment of bureaucrats between Lt. Governor […]

Tata Power profits up to Rs.168 crore in 2014-15

Tata Power profits up to Rs.168 crore in 2014-15

Mumbai, May 19 (IANS) Driven by favourable impact of forex in and tariff orders, integrated power company Tata Power on Tuesday said it consolidated net profit in 2014-15 rose to Rs.168 crore against a loss of Rs.260 crore incurred in 2013-14. The net revenue, in the review period, however, fell by just over four percent […]