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ED hopeful Nirav Modi won't get relief from UK courts | India News


Nirav Modi (File photo)
NEW DELHI: The Enforcement Directorate is hopeful higher courts in UK will turn down fugitive Nirav Modi’s appeals against the order to extradite him, now ratified by the home department of that country.
The agency’s optimism stems from the fact that Nirav’s bail applications have been rejected, including by UK’s high court, at least seven times in the past two years. The diamond trader is the prime accused in the Rs 13,500 crore Punjab National Bank ‘letter of undertaking’ fraud.
In a similar case fought by India in the UK, the high court in London had last year rejected an appeal by Vijay Mallya, the fugitive economic offender and chairman of defunct Kingfisher Airlines, facing extradition on charges of money laundering to the tune of Rs 9,000 crore. ....

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Welcome To IANS Live - SCIENCE - Microsoft brings Azure Stack HCI solution to Indian firms


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IANSLive
New Delhi, Feb 11 (IANS) In another bid to empower organisations with advanced hybrid cloud capabilities, Microsoft India on Thursday announced the general availability of Azure Stack HCI, a new hyper-converged infrastructure (HCI) solution.
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Update: 11-February-2021 ....

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Vijay Mallya allowed some access to UK court-held funds to meet legal, living expenses


Vijay Mallya given some access to UK court-held funds to meet legal, living expenses
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Last Updated: Feb 09, 2021, 09:39 AM IST
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Deputy Insolvency and Companies Court Judge Nigel Barnett presided over a remote hearing to rule over the level of access to the funds held with the Court Funds Office (CFO), as part of bankruptcy proceedings brought by a consortium of Indian banks led by the State Bank of India (SBI) in pursuit of unpaid loans.
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LONDON: Embattled liquor tycoon Vijay Mallya was granted access to around 1.1 million pounds from court-held funds to meet his living expenses and legal costs by the High Court in London on Monday. ....

Jammu And Kashmir , United Kingdom , Grand Jardin , City Of , Priti Patel , Nigel Barnett , Vijay Mallya , Pvt Ltd , Indian Overseas Bank , Jm Financial Asset Reconstruction Co , Companies Court , Punjab National Bank , Punjab Sind Bank , Jammu Kashmir Bank , Bank Ltd , Court Funds Office , Kingfisher Airlines , United Bank , High Court , Companies Court Judge Nigel Barnett , State Bank , United Kingdom Home Secretary Priti Patel , Federal Bank Ltd , Kashmir Bank , Sind Bank , Asset Reconstruction ,

Welcome To IANS Live - NATION - South Central Railway's frontline staff receive Covid vaccine


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IANSLive
Secunderabad, Jan 19 (IANS) The South Central Railway (SCR) zone has jabbed the first shots of Coronavirus vaccine on its frontline staff at the central railway hospital in Lallaguda, Secunderabad on Monday.
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Update: 19-January-2021 ....

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