Name: PMC bank fraud is pegged at ₹4,355 crore, FIR filed, SIT formed
Uploaded: 2019-09-30T11:32:09.fff+05:30
Duration: T00M43S
Channel: editorji

The Mumbai Police has filed a case against the former bank management and promoters of crisis-hit real estate firm HDIL in the Punjab and Maharashtra Cooperative Bank c

PMC bank fraud is pegged at ₹4,355 crore, FIR filed, SIT formed

The Mumbai Police has filed&nbsp;a case against the former bank management and promoters of&nbsp;crisis-hit real estate firm&nbsp;HDIL in the Punjab and Maharashtra Cooperative Bank case. A special investigation team will now be probing the case. As per initial investigations, the bank's losses since&nbsp;2008 is pegged at ₹4,355&nbsp;crores.&nbsp;The bank's former chairman Waryam Singh, managing director Joy Thomas, promoters of HDIL -&nbsp;Sarang Wadhawan and Rakesh Wadhawan, have been named in the FIR.&nbsp;It is alleged that&nbsp;HDIL promoters colluded with the bank&nbsp;management, to draw loans from the bank. Despite non-payment, the bank officials never classified the loans as non-performing advances and&nbsp;intentionally hid the information from the&nbsp;RBI.

The Mumbai Police has filed a case against the former bank management and promoters of crisis-hit real estate firm HDIL in the Punjab and Maharashtra Cooperative Bank case. A special investigation team will now be probing the case. As per initial investigations, the bank's losses since 2008 is pegged at ₹4,355 crores. The bank's former chairman Waryam Singh, managing director Joy Thomas, promoters of HDIL - Sarang Wadhawan and Rakesh Wadhawan, have been named in the FIR. It is alleged that HDIL promoters colluded with the bank management, to draw loans from the bank. Despite non-payment, the bank officials never classified the loans as non-performing advances and intentionally hid the information from the RBI.

Liquor stores reopened in Noida and Greater Noida on Tuesday after remaining closed for days due to the coronavirus curfew in Uttar Pradesh.Liquor stores have been perm

Liquor stores reopened in Noida and Greater Noida on Tuesday after remaining closed for days due to the coronavirus curfew in Uttar Pradesh. Liquor stores have been permitted to open from 10 am to 5pm, but in compliance with Covid-19 protocols such as maintaining of social distancing and wearing of face cover.
Many videos showed tipplers thronging shops in large numbers with scant regard for Covid-19-appropriate behaviour.

Health Minister Satyendar Jain on Tuesday said while the number of daily new infections in the capital has started reducing, but his government cannot be at ease till t

Health Minister Satyendar Jain on Tuesday said while the number of daily new infections in the capital has started reducing, but his government cannot be at ease till the positivity rate drops below five percent.
In Delhi, the&nbsp;number of cases has dipped to around 12,500 from a high of around 28,000. He said the&nbsp;positivity rate has also reduced to 19 percent from a maximum of 36 percent in April.
Chief Minister Arvind Kejriwal had on Monday expressed hope that the peak of the second wave of the pandemic in Delhi has passed.

Oxygen leakage from a tanker was reported on Tuesday from South Goa District Hospital. As per the latest reports, fire tenders have rushed to the spot. In the hospital,

A minor oxygen leakage occurred at the South Goa district hospital in Margao on Tuesday afternoon when the gas was being filled in the main storage tank on the campus from a tanker. Police said there was&nbsp;no casualty as the leakage was plugged within a few minutes.
The hospital is one of the biggest state-run facilities in treating Covid-19 patients.
District officials who rushed to the spot said a report on the causes behind the incident will be submitted to the state government.

As the deadly novel coronavirus claims more and more lives across the country, the dead have no place to rest. Several dead bodies washed up on the banks of

As the deadly novel coronavirus&nbsp;claims more and more lives across the country, the dead have no place to rest.&nbsp;
Several bodies washed up on the banks of the Ganga&nbsp;river in Uttar&nbsp;Pradesh's&nbsp;Ghazipur&nbsp;sparking fears of the further spread of the virus. It is suspected that the bodies belong to Covid-19 patients and that their relatives let the bodies float away in the river due to lack of space at crematoriums.&nbsp;
The spot is around 55 kms&nbsp;upriver from the the place in Bihar's&nbsp;Buxar&nbsp;where hundreds of bloated bodies were found floating in the river on Monday.&nbsp;

Hearing a petition seeking a stay on the Central Vista’s construction in the national capital, the Centre assured the Delhi High Court that all necessary Covid pr

Hearing a petition seeking a stay on the Central Vista&rsquo;s construction in the national capital, the Centre assured the Delhi High Court that all necessary Covid precautions were being followed for the safety of the workers.
Addressing issues of the site becoming a &ldquo;super spreader&rdquo;, the government said all workers are staying at the construction site and were being provided with health insurance and a separate facility had been created for RT-PCR tests, isolation and medical aid.&nbsp;
Centre rubbished the petition saying constant efforts to maintain safety have been made since the inception of the project and the plea was &ldquo;sheer abuse of the law". Centre assured that the project will meet its deadline of November 2021.

The Delhi High Court on Tuesday dismissed a law student's Public Interest Litigation to suspend the use of "Traffic Light Violation Cameras" amid the Covid-19 pandemic.

The Delhi High Court on Tuesday dismissed a law student's Public Interest Litigation to suspend the use of "Traffic Light Violation Cameras" amid the Covid-19 pandemic. The Court also imposed costs of Rs. 2,500 on the petitioner, Utkarsh Trivedi a fourth-year law student.
The petitioner argued that traffic violation cameras deter drivers in front of ambulances to give way as they fear challans. The court stated that the PIL was filed without any homework.
"Every day half a dozen people come to give suggestions to the government," the court remarked, adding that people have started filing PILs based on idea they get while "sipping tea".

A day after Delhi’s Health Minister Satyendar Jain flagged that the city only had enough Covaxin doses for a day and Covishield for four, CM Arvind Kejriwal said

A day after Delhi&rsquo;s Health Minister Satyendar Jain flagged that the city only had enough Covaxin doses for a day and Covishield for four, CM Arvind Kejriwal said it is important to increase vaccine production on war footing and frame national plan to vaccinate all.
He said going by the current pace of vaccine production by Serum Institute and Bharat Biotech it'll take over 2 yrs to vaccinate everyone as they produce only 6-7 crore vaccines a month. Kejriwal urged the centre to share COVID-19 vaccine formulas and allow more companies to manufacture doses.
Speaking about the decline in daily new Covid cases in Delhi, Kejriwal said he had used the lockdown to scale up infrastructure.

A day after Sonia Gandhi alleged complete mismanagement of the pandemic by PM Modi in a meeting of the Congress’ Working Committee, BJP president JP Nadda on Tues

A day after Sonia Gandhi alleged complete mismanagement of the pandemic by PM Modi in a meeting of the Congress&rsquo; Working Committee, BJP president JP Nadda on Tuesday wrote a letter to his Congress counterpart asking her and the party to &ldquo;stop misleading people, creating false panic and even contradicting the stands on the vaccination policy.&rdquo;
The CWC on Monday passed a resolution calling the second Covid-19 wave a &ldquo;grave calamity and direct consequence of the Modi government&rsquo;s indifference, insensitivity, and incompetence.&rdquo;
Nadda, in his four-page response to Gandhi, accused Congress leaders of contributing to vaccine hesitancy. In the scathing letter Nadda also wrote that conduct of Congress leaders, including Rahul Gandhi, during Covid-19 will be remembered for duplicity and pettiness.
.

Maharashtra is likely to extend the Covid-19 lockdown till May-end even as it reported the lowest single-day spike in infections in 41 days, the Hindustan Times has rep

Maharashtra is likely to extend the Covid-19 lockdown till May-end even as it reported the lowest single-day spike in infections in 41 days, the Hindustan Times has reported.
The state government is all set to extend its current lockdown by another two weeks after it ends at 7am on May 15. The lockdown will be as strict as it is currently, while in some districts where the cases are on the rise, the local administrations are expected to impose stricter curbs, the report said. The decision is expected to be taken in the state cabinet on Wednesday. Cases are on the rise in 21 districts and dropping in 15, including Mumbai and Thane.

The Enforcement Directorate has filed a money laundering case against former Maharashtra home minister Anil Deshmukh. ED has registered the case after studying a recen

The Enforcement Directorate has filed a money laundering case against former Maharashtra home minister Anil Deshmukh.
ED has registered the case after studying a recent CBI FIR that was filed against Deshmukh, PTI has reported quoting ED sources.
The central probe agency may now summon Deshmukh for questioning apart from others.
The ED case comes about after the CBI case following allegations of bribery made against Deshmukh by former Mumbai Police Commissioner Param Bir Singh.

Indian Railways has lost close to 2,000 of its employees, including frontline staff like station masters, to the pandemic since last year. The Railway Ministry on Monda

Indian Railways has lost close to 2,000 of its employees, including frontline staff like station masters, to the pandemic since last year. The Railway Ministry on Monday said that even now around 1,000 railwaymen are catching Covid on a daily basis. "We have to move freight and people. Around 1,000 cases are reported daily. We have augmented the number of beds, we have built oxygen plants in rail hospitals. We take care of our staff," Railway Board chairman Suneet Sharma said. So far, 113 station masters have died in the pandemic, most of them in the second wave this year, The Indian Express has reported quoting the All Indian Station Masters&rsquo; Association (AISMA). The Railway Protection Force has so far lost 50 men.

India on Tuesday witnessed a slight decline in the number of daily Covid-19 spike, registering nearly 3.3 lakh cases in the preceding 24 hours...

India on Tuesday witnessed a slight decline in the number of daily <a href="https://www.editorji.com/covid-19" target="_blank">Covid-19</a> spike, registering nearly 3.3 lakh cases in the preceding&nbsp;24 hours, according to the data released by the health ministry on Tuesday morning. The country also logged 3,876 deaths in the same period. Total deaths due to Covid are now nearing 2.5 lakh.
On Monday, the country had marked 3.66 lakh fresh Covid-19 cases and 3,754 new deaths from the disease. This was still a marginal dip from the over four lakh new cases that were added on four previous days, but the daily spike continues hovering at alarming levels, nonetheless. There are currently over 37 lakh active Covid-19 cases in India.
Also Read | <a href="https://www.editorji.com/story/covid-19-cases-dip-in-two-major-infection-epicentres-1620667391476" target="_blank">Covid-19: cases dip in two major infection epicentres</a>

All the newly elected 77 BJP MLAs in West Bengal are being provided a cover of central security forces in view of potential threats to them, PTI has reported quoting go

All the newly elected 77 BJP MLAs in West Bengal are being provided a cover of central security forces in view of potential threats to them, PTI has reported quoting govt sources. The report said that the MLAs will be secured by armed commandos of the CISF and the CRPF.
The Home Ministry has reportedly approved the cover after a report prepared by central security agencies and the inputs of a high-level team of officers that was sent to the state in the wake of post-poll violence against the workers of the BJP.
Sixty-one MLAs will be covered under the lowest ''X'' category and the commandos will be drawn from the CISF. The rest are either enjoying the central security cover or will be covered under the next higher category of ''Y''. Leader of Opposition Suvendu Adhikari is already a ''Z'' category protectee of the CRPF.

At least 11 Covid-19 patients died due to a snag in oxygen supply inside the ICU in Ruia Hospital in Andhra Pradesh's Tirupati late on Monday night....

At least 11 <a href="https://www.editorji.com/covid-19" target="_blank">Covid-19</a> patients died due to a snag in oxygen supply inside the ICU in Ruia Hospital in Andhra Pradesh's Tirupati late on Monday night.
Officials said there was a five-minute lag in reloading the oxygen cylinder that caused the pressure to drop, resulting in the deaths.
Chittoor district Collector M Hari Narayanan said there was no scarcity of oxygen in the hospital and adequate supply was in place. In all, about 700 Covid-19 patients were undergoing treatment in the ICU and oxygen beds in Ruia while another 300 were in normal wards.
Chief Minister YS Jagan Mohan Reddy expressed grief over the incident and directed the officials to ensure that such incidents did not recur.
Also Read | <a href="https://www.editorji.com/story/now-noida-residents-can-get-new-oxygen-cylinders-here-s-how-1620700450303" target="_blank">Now Noida residents can get new oxygen cylinders. Here's how</a>

Starting Tuesday, Noida residents can get new oxygen cylinders for Covid-19 patients in home isolation with a refundable security deposit of Rs 2,500, officials said...

Starting Tuesday, Noida residents can get new oxygen cylinders for <a href="https://www.editorji.com/covid-19" target="_blank">Covid-19</a> patients in home isolation with a refundable security deposit of Rs 2,500, officials said. The cylinders will have to be returned within 7 days and refilling charges will be ₹300.
The initiative is part of an ongoing effort of Noida Authority with support from the Adani Group, which has provided it with 100 five-litre capacity oxygen cylinders, they said.
The authority had recently started the facility for refilling oxygen in empty cylinders for patients in isolation centres through RWAs and Apartment Owners Associations amid a surge in demand due to the pandemic.
While the move brought relief to many people, trouble continued for several who found it difficult to arrange empty oxygen cylinders that were required to avail the facility.
Also Read | <a href="https://www.editorji.com/story/andhra-11-covid-patients-die-due-to-lag-in-oxygen-supply-at-hospital-1620701284768" target="_blank">Andhra Pradesh: 11 Covid patients die due to lag in Oxygen supply at hospital</a>

Air India on Monday told its employees that it will not be able to hold Covid-19 vaccination camps for them at the Delhi airport on Tuesday and Thursday due to "non-ava

Air India on Monday told its employees that it will not be able to hold Covid-19 vaccination camps for them at the Delhi airport on Tuesday and Thursday due to "non-availability" of vaccines.
The airline had last Tuesday said it would vaccinate all its employees against Covid-19 by the end of this month. A a pilots' body had demanded inoculation of the flying crew on priority basis citing risk to their lives from the deadly infection.
Air India informed its staff that the camp at the Indira Gandhi International Airport on May 11 and May 13 "has been cancelled because government authorities have expressed inability to hold these camps due to non-availability of vaccines".

Amid a shortage of Covid vaccines and a slugging inoculation drive, Maharashtra minister Aditya Thackeray has said that the state is looking at the possibility of impor

Amid a shortage of Covid vaccines and a slugging inoculation drive, Maharashtra minister Aditya Thackeray has said that the state is looking at the possibility of importing the vaccines. In an interview to NDTV, Thackeray said that once procurement is sorted, the state govt has a roadmap to vaccinate Mumbai in around 3 weeks. "Like other states, we are scrambling and struggling for vaccines," Thackeray stated, adding that the state is looking at procuring vaccines at the earliest. Maharashtra is the worst affected state in the country where Covid has taken the maximum toll. While Mumbai Covid numbers are dropping, Thackeray said, "Until all Indians are vaccinated, all Indians are not safe".

The West Bengal CID has summoned six CISF personnel who were on duty at Jorpatki booth in Sitalkuchi assembly constituency where four persons were killed in a firing by

The West Bengal CID has summoned six CISF personnel who were on duty at Jorpatki booth in Sitalkuchi assembly constituency where four persons were killed in a firing by the central forces personnel during voting.
The six CISF officials, including two of its officers, have been asked to meet sleuths of the Special Investigating Team of the CID, formed to investigate the killings, at Bhawani Bhawan&nbsp;on Tuesday morning.
Reports said the CISF's&nbsp;request to appear before the CID virtually citing the ongoing Covid-19 pandemic were turned down.
&nbsp;

The World Health Organziation said on Monday that the B.1.617 or the Indian coronavirus variant was being classified as a variant of global concern. WHO's technic

The World Health Organziation said on Monday that the B.1.617 or the Indian coronavirus variant&nbsp;was being classified as a variant of global concern.
WHO's technical lead on Covid-19, Maria Van Kerkhove,&nbsp; said there&nbsp;is some available information to suggest increased transmissibility&nbsp;and also possibly some increased resistance to vaccine protections&nbsp;in the cases of variant first found in India. Despite the precautions, however, South Africa, on Monday reported four cases of the Indian variant of coronavirus.

After recording over 4 lakh new cases for the past 4 days, India reported a single-day rise of 3,66,151 Covid cases on Monday. Maharashtra’s daily cases dropped

In a reprieve, the coronavirus&nbsp;cases in the two epicentres of infections showed a considerable dip in infections on Monday.&nbsp;
For the first time since March 31, Maharashtra&rsquo;s daily cases dropped below 40,000 to 37,236 on Monday.
Delhi reported 12,651 new infections, which is lowest in 4 weeks. The positivity rate which has remained above 20% since April 17 also dipped to 19.10%.
Kerala&rsquo;s positivity rate also showed signs of decline at 27.56 per cent. The southern state recorded 27,487 new cases and 65 fatalities.
With 21,331 fresh infections, the daily cases dropped for the fourth straight day in Uttar Pradesh. Andhra Pradesh crossed the 13 lakh mark with 14,986 cases. The last 1 lakh cases were recorded in the last 5 days.
West Bengal, were elections were held recently,&nbsp;on the other hand recorded the highest single day spike with 19,445 new cases. Karnataka logged 39,305 cases, taking the total caseload to 19,73,683.
&nbsp;

PMC bank fraud is pegged at ₹4,355 crore, FIR filed, SIT formed

National

Liquor shops open in Noida, Greater Noida: Covid-19 SOP goes for a toss

Cases dipping but can't be at ease till positivity rate declines: Delhi health minister

Covid-19: Oxygen leak in south Goa district hospital, fire tenders rushed to spot

Uttar Pradesh: bodies of suspected Covid victims wash up on Ganga banks in Ghazipur

Covid-19 protocols being followed at Vista site: Centre assures Delhi HC

HC dismisses PIL against traffic violation cameras during pandemic

Kejriwal to Centre: allow more pharmas to manufacture Covid-19 vaccines

'Stop misleading people over Covid': BJP president JP Nadda writes to Sonia Gandhi

Maharashtra is likely to extend Covid-19 lockdown till May-end

ED files money laundering case against ex-Maha home minister Anil Deshmukh

Covid: 1,000 cases a day, Railways lost nearly 2,000 staff

3.3 lakh new Covid cases as India sees slight dip in spike

All 77 BJP MLAs in Bengal to get central security cover: report

Andhra Pradesh: 11 Covid patients die due to lag in Oxygen supply at hospital

Now Noida residents can get new oxygen cylinders. Here's how

Air India cancels staff vaccination camp as there are no jabs

Maharashtra wants to import vaccine directly: Aditya Thackeray

Sitalkuchi killings: West Bengal CID summons 6 CISF personnel

Coronavirus strain in India a 'variant of concern at global level': WHO

Covid-19: cases dip in two major infection epicentres

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