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Worli's Love Grove flyover to stay shut on weekends till Aug 8

Worli's Love Grove flyover to stay shut on weekends till Aug 8
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Mumbai Special Court slaps notices to 'confiscate' Nirav Modi's properties (Ld)


Mumbai Special Court slaps notices to confiscate Nirav Modi s properties (Ld)
​ Thu, May 13 2021 17:33 IST
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UK Home Secretary nod to extradition of fugitive businessman Nirav Modi. Image Source: IANS News
Mumbai, May 13 : Fresh legal troubles are brewing in Mumbai for fugitive diamantaire Nirav D. Modi, currently battling for bail and against extradition proceedings in a UK court, officials said here on Thursday.
A Special Court under the Fugitive Economic Offenders Act, 2018, has slapped a series of notices to Nirav Modi and his sister Purvi Mehta who turned approver five months ago besides his group companies, ordering them to appear before Special Judge V.C. Barde on in Mumbai June 11. ....

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Mumbai Special Court Slaps Notices to 'Confiscate' Nirav Modi's Properties


MUMBAI – Fresh legal troubles are brewing in Mumbai for fugitive diamantaire Nirav D. Modi, currently battling for bail and against extradition proceedings in a U.K. court, officials said here May 13.
A special court, under the Fugitive Economic Offenders Act, 2018, has served a series of notices to Modi and his sister Purvi Mehta – who turned approver five months ago – besides his group companies, ordering them to appear before Special Judge V.C. Barde in Mumbai June 11.
Barde has also ordered them to explain why the special court should not confiscate the properties and assets of the two siblings and the other group companies as per the law in a money-laundering case filed by the Enforcement Directorate (ED) in early 2018. ....

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Equity indices trade in range; auto stocks tumble


Benchmarks traded sideways with a negative bias in mid-morning trade. At 11:30 IST, the barometer index, the S&P BSE Sensex, fell 32.52 or 0.07% at 46,928.01. The Nifty 50 index declined 17.8 points or 0.13% at 13,742.95.
In broader market, the S&P BSE Mid-Cap index was down 0.17% while the S&P BSE Small-Cap index was up 0.09%.
The market breadth, indicating the overall health of the market, was almost even. On the BSE, 1351 shares rose and 1363 shares fell. A total of 139 shares were unchanged.
On Friday, Foreign portfolio investors (FPIs) bought shares worth Rs 2,720.95 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 2,424.61 crore, provisional data showed. ....

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