MUMBAI: Enforcement Directorate (ED) provisionally attached assets worth Rs 70.4 crore of erstwhile DHFL promoters Kapil Wadhawan and Dheeraj Wadhawan, including paintings, sculptures and two flats at Bandra in Mumbai. The attached assets are in the form of paintings, sculptures worth Rs 28.58 Crore, watches worth Rs 5 Crore, diamond jewellery worth Rs 10.71 crore, 20% stake in a helicopter to the tune...
MUMBAI: Observing that his role of “knowingly assisting” the process of money laundering is prima-facie evident, a special PMLA court on Thursday rejected the bail plea of Jayram Deshpande, former sub-divisional officer (SDO) of Dapoli, arrested in March in the Dapoli-based Sai Resort case. Special judge MG Deshpande said that there is abundant material to show that Jayram had accorded sanction for...
Mumbai: Axis Bank has posted a net profit of Rs 5,864 crore for the September quarter — an increase of 10% over Rs 5,330 crore reported in the year-ago period. The increase in net profit comes on the back of a 19% rise in net interest income to Rs 12,315 crore, as compared to the previous year.Deposits of the bank rose 17.8% to Rs 9.6 lakh crore at the end of September, from Rs 8.1 lakh crore a year...
MUMBAI: The BMC has pushed the deadline for opening one carriageway of Andheri's Gokhale bridge from November to February 15. The announcement came after Wednesday's joint meeting of BMC chief I S Chahal, Western Railway general manager Ashok Kumar Mishra, local MLA Ameet Satam and civic, railway and Rail India Technical and Economic Service officials for planning the launch of girders.Chahal sought...
MUMBAI: The air intelligence unit (AIU) of customs arrested a 20-year-old man for smuggling 3.5 kg of gold worth Rs 1.67 crore in Mumbai. On specific intelligence, the officer of AIU intercepted Alsiban Majed who arrived from Bahrain and walked the green channel without disclosing that he had brought dutiable goods.Officials said that due to festival season, the huge differences of price as compared to...
MUMBAI: Maharashtra assembly speaker Rahul Narwekar will conduct a hearing in the Shiv Sena MLAs disqualification case on Thursday. Earlier this month, Narwekar had decided to consolidate the 34 petitions in the disqualification case into six groups based on their cause of action.MLAs seeking more time to reply must provide justification: Maha Assembly SpeakerOut of the six groups, four contain...
MUMBAI: Celebrating the victory of good over evil, devotees watch an effigy of Hindu demon king Ravana burn on the occassion of Dussehra, in Ghatkopar on Tuesday. An air of festivity pervaded the city as garlands of marigold and mango leaves were strung in homes and on vehicles. People made nominal purchases of gold while some took delivery of new vehicles on this auspicious mahurat. After the nine-day...
MUMBAI: A woman has lodged a complaint against her husband and relatives for forcibly abducting her and her son from Kurla Pheonix mall. She has alleged that they were taken in an ambulance to a rehabilitation centre Khalapur in Pune where she was forced to undergo treatment for mental illness and was also made to sign blank papers. Based on the complaints of the 37-year-old, the Ghatkopar police have...
MUMBAI: On the last day of the deadline set by Maratha quota activist Manoj Jarange Patil, Maharashtra chief minister Eknath Shinde did not give any concrete assurance on granting the reservation on Tuesday. However, in his speech at the Dussera rally on Tuesday, he made the dramatic claim that he would fight for Maratha reservations till the last drop of his blood. He left the mike to walk towards the...
MUMBAI: A retired ACP, Pradeep Temkar, allegedly jumped to his death from his seventh floor flat in a Matunga building on Monday. Police said Temkar (70) had been undergoing psychiatric treatment for some mental health issue. They said he retired in 2014 as ACP in the traffic police department.!(function(f, b, e, v, n, t, s) { function loadFBEvents(isFBCampaignActive) { if...
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