New Delhi:
INX Media Case: Will P Chidambaram Get Bail? Supreme Court To Pronounce Verdict Today
The Supreme Court will pronounce verdict on Wednesday over former finance minister and senior Congress leader P Chidambaram's petition seeking bail in the INX Media money-laundering case. A bench headed by Justice R Banumathi had on November 28 reserved judgment on the appeal filed by Chidambaram who has challenged the November 15 verdict of the Delhi High Court denying him bail in the case. Read here…
PNB Scam Pegged at Rs 25,000 Crore, 1,381 LoUs Issued Fraudulently To Nirav Modi
It’s been more than a year but PNB scam accused Nirav Modi, who absconded days before the state-run lender publicly admitted fraudulent issuance of letters of undertaking (LoUs), is yet to be brought back home to face the law. Modi has been behind bars at Wandsworth prison since his arrest on March 19 on an extradition warrant executed by Scotland Yard on charges brought by the Indian government. A new report has emerged exposing the rot in the system by which Modi’s companies continued the fraudulent practices yet remained undetected for years. Read here…
4 Indian Army Soldiers Trapped In 2 Avalanches Near Line Of Control In Kashmir
At least four soldiers were trapped in two separate incidents of snow avalanches near the Line of Control in north Kashmir, officials said on Wednesday. A snow avalanche hit an Army post in Tangdhar area of Kupwara district on Tuesday afternoon where at least two soldiers were trapped. Search and rescue operations were carried out till late Tuesday evening but had to be suspended due to inclement weather. Rescue operations resumed on Wednesday morning. In another incident, a foot patrol of the Army was hit by an avalanche in Dawar area of Gurez sector of Bandipora district, trapping two soldiers. Efforts were on to rescue the jawans. Read here…
Google Boss Sundar Pichai Promoted As Alphabet CEO
Google co-founders Larry Page and Sergey Brin have announced that they are stepping down from the leadership role of the parent company Alphabet. Google CEO Indian-American Sundar Pichai (47), will be assuming the role of Alphabet CEO, making him one of the most powerful corporate leaders of the world. Considered as a significant shakeup in the Silicon Valley company, an announcement in this regard was made by Page and Brin in a letter to the company employees, which also included a statement from Pichai. Read here…
Indian-Origin Kamala Harris Drops Out Of 2020 US Presidential Race
Indian-origin Senator Kamala Harris has dropped out of the 2020 US Democratic presidential race. The sudden and surprising announcement by Harris, 55, came during a call with her campaign staffers on Tuesday. "To my supporters, it is with deep regret -- but also with deep gratitude -- that I am suspending my campaign today," Harris said in a tweet. "But I want to be clear with you: I will keep fighting every day for what this campaign has been about. Justice for the people. All the people," Harris said. Read here…
