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At Escorts, a superstar's scion has to prove herself

Navya Naveli, the 26-year-old daughter of Escorts Kubota chairman and managing director Nikhil Nanda, has been working with the country’s third-largest tractor maker for some time now ....

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3 of the 7 last remaining pandas in US will be returned to China sooner than expected

Three of the last seven pandas remaining in the United States will leave sooner than expected, as the Smithsonian National Zoo in Washington, D.C. announced Wednesday changes for the pandas' departure time frame. Sad news: In a Facebook post on Wednesday, the zoo revealed that its three pandas — Mei Xiang, Tian Tian and their male cub Xiao Qi Ji — are now scheduled to depart for China in mid-November. Original plan: The three bears were originally scheduled to leave for China on Dec. 7, the same month when the expiration for the research and breeding agreement between the U.S. and China would expire, according to the announcement in late September. ....

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'Govt funds diverted by security firm owner for own use' | Mumbai News


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MUMBAI: The ED has alleged that Rahul Nanda had diverted, for personal and corporate use, funds that his private security firm Tops Grup -received from the Central government under the Deen Dayal Upadhyay Grameen Kaushalya Yojana. Under the scheme, the government roped in private firms to provide training to rural youth to cater to their career aspirations.
The ED alleged that on Nanda’s instructions, the accounts department of the security firm had transferred Rs 5 crore of the fund to another company with ‘tacit understanding’.
Holding that there was sufficient material to proceed against Nanda, his daughter Rasshi Nanda and arrested accused M Sashidharan and Amit Chandole, under the Prevention of Money Laundering Act, a special court has issued process against them. The ED’s findings were part of the court order. The ED’s money laundering case is based on a Mumbai police FIR registered in October, alleging that the private security f ....

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