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CBI takes over another case against K.D. Singh and others


They ‘cheated investors on false promises of allotting plots, villas and apartments”
The CBI has taken over another case against former Rajya Sabha member K.D. Singh and others, alleging cheating and misappropriation of investments in Alchemist Infra Realty Limited and Alchemist Township Limited.
The FIR was initially registered at the Kalyanpur police station in Kanpur in 2019, on a complaint from one Ashok Kumar Bajaj. It has been transferred to the CBI on the State government’s reference.
Among the other accused persons are Satyendra Kumar Singh, Sucheta, Jayprakash Singh, Brijmohan Mahajan, Chhatrasal Singh, Narendra Singh Ranawat and Nandkishor Singh. It is alleged that they cheated the investors on the false promises of allotting plots, villas and apartments. ....

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CBI books K.D. Singh, others in Alchemist group case


They allegedly cheated a large number of investors on false promises
The Central Bureau of Investigation has booked former Rajya Sabha member K.D. Singh and six others linked to the Alchemist group of companies for allegedly cheating a large number of investors on false promises.
Among those named are Satyendra Kumar Singh, Sucheta Khema, Jay Shri Prakash Singh, Brajmohan Mahajan, Chhatrasal Ranawat and Nandkishor Singh. The case was earlier registered at the Kotwali police station in Uttar Pradesh’s Kanpur in 2019, on a complaint from one Pawan Mishra. The State government later recommended a CBI probe.
Mr. Mishra alleged misappropriation of funds invested in the companies, including Alchemist Infra Realty Limited and Alchemist Township Limited. The investors were promised allotment of plots, villas and apartments, as mentioned in the FIR, which lists about one dozen other entities associated with the Alchemist group. ....

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Delhi court grants bail to former MP KD Singh in money laundering case


Delhi court grants bail to former MP KD Singh in money laundering case
ANI |
Updated: Apr 06, 2021 14:49 IST
New Delhi [India], April 6 (ANI): Delhi s Rouse Avenue Court on Tuesday granted bail to former Trinamool Congress (TMC) MP and Businessman KD Singh in connection with a money laundering case.
Special CBI Judge Geetanjali Goel granted bail to KD Singh and directed him to furnish a bail bond of Rs 5 lakhs, with two like amount surety.
The ED had arrested KD Singh in connection with the money laundering case under the Prevention of Money Laundering Act (PMLA). He was a Rajya Sabha member of the TMC in 2014. ....

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Sebi imposes ₹1 crore fine on Alchemist Infra Realty, 4 others


Sebi imposes ₹1 crore fine on Alchemist Infra Realty, 4 others
Sebi imposes ₹1 crore fine on Alchemist Infra Realty, 4 others for unregistered investment activities.
1 min read
. Updated: 23 Feb 2021, 01:41 PM IST PTI
In an order passed on Monday, the watchdog said the company and individuals were engaged in fund mobilising activity from the public
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New Delhi: Markets regulator Sebi has slapped a total fine of ₹1 crore on Alchemist Infra Realty Ltd and four individuals for illegally mobilising funds from the public through a collective investment scheme.
The individuals who have been fined are Brij Mohan Mahajan, Narayan Madhav Kumar, Balvir Singh and Chandra Sekhar Chauhan. ....

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Bharat Forge secures Rs178 crore worth of order from defence ministry


Govt clears defence acquisition proposals worth ₹13,700 crore
The approvals include the acquisition of 118 Arjun Mk-1A main battle tanks
(AFP)
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India’s Defence Acquisition Council (DAC) headed by defence minister Rajnath Singh on Tuesday approved arms purchases worth ₹13,700 crore as the government continues steps to modernize the military.
“All these acquisition proposals will be indigenously designed, developed and manufactured. These will include inter-alia platforms and systems designed and developed by Defence Research and Development Organisation (DRDO), according to a government statement.
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Mumbai: Night curfew imposed from today as city reports biggest single-day spike. Check list of restrictions here ....

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