Photo: India Today
Indore Police Arrests 7 People For Alleged Kidnapping Of Businessman
Indore Police have arrested seven people including two police personnel in an alleged kidnapping of a Nagpur based businessman. Main accused Ashis Gujar and police personnel Lakhan Hands & Shailendra Chandel even took ransom of Rs10 lakh from victim's father-in-law. "Ashish kidnapped victim Rohit with the help of his eight companies and two policemen," said DCP Shashikant Kankane. A case has been registered under relevant sections of the… read-more
Tags: Madhya Pradesh, indore, Kidnapping, Businessman, arrested
Courtesy: ANI
Photo: Sanyuktsambad
Businessman In Etah Shot Dead By Motorcyclists: UP
Businessman Sandeep Gupta (55) was killed by motorcycle-borne shooters on December 27, said SHO of Vijay Singh of Aligarh's Kwarsi police station. Reportedly, the Etah businessman was traveling in a car when the shooters intercepted him and fired several bullets from outside the car. Gupta was rushed to a local hospital and was declared dead upon arrival.
Tags: Etah, Uttar Pradesh, Aligarh, Businessman, Sandeep Gupta
Courtesy: Press Trust Of India
Photo: The Economic Times
Crossword Bookstore Sold To Pune-Based ABH For Rs 41.62 Crore
Shoppers Stop owned 'Crossword Bookstore' has been sold to its Pune-based franchise Agarwal Business house on August 31. However, the owner wanted to exit the non-core business and concentrate on other businesses. The gross business valuation for the bookstore was Rs 41.62 crore. “Under the agreement, ABH will take over all the assets and brand. Any liabilities will be adjusted for arriving at the final consideration,” said the company.
Tags: Shoppers store, Businessman, book shop, Coronavirus Pandemic
Courtesy: Money Control
Photo: Kalinga TV
Banks To Recover Vijay Mallya's Debt After UK Declares Him 'Bankrupt'
In the latest development, a UK court has declared the fugitive Vijay Mallya as 'bankrupt' on July 26. The decision will help the State Bank of India-led consortium of banks to recover their debt by freezing the assets owned by Mallya's Kingfisher Airlines. Notably, Mallya is accused of not paying back Rs 9,000 crores to the banks, and is currently out on bail, living in the UK.
Tags: Fugitive, UK Court, Businessman, Bankrupt, SBI
Courtesy: Zee News
Photo: Deccan Herald
Pornography Case: Raj Kundra Bribes Rs 25 Lakh To Police To Evade Getting Arrested
Notably, the businessman Raj Kundra who has been arrested for the porn films racket on July 19 was reported to bride the Mumbai Police’s Crime branch officials with Rs 25 lakh to avoid arrest. Arvind Srivastava, also known as Yash Thakur has mailed a complaint to the Anti-Corruption Bureau in March regarding the same. Initially, the case was registered in February 2021. Besides, Kundra will remain in custody till July 23.
Tags: raj kundra, porn film, Mumbai Police, Businessman
Courtesy: Mirror Now News
Photo: The News Minute
Two Men, Woman Arrested For Honey Trapping & Extortion: Delhi
Two men and a woman have been arrested by the crime branch of Delhi police, following a complaint of blackmailing filed by a South Delhi businessman. The woman through her spy camera recorded obscene videos of the businessman and later blackmailed him to pay Rs 1 crore. Reportedly, Raj Kishor Singh was the mastermind of the racket along with Aryan Dixit and Payal.
Tags: Delhi Police, HONEYTRAP, extortion, Businessman, blackmail
Courtesy: Times Now
Photo: The Economic Times
Delhi HC Rejects Interim Relief In Oxygen Concentrator Hoarding Case
The Delhi HC on May 14 rejected interim protection from arrest to Navneet Kalra in the black marketing case of oxygen concentrators. Agreeing to the session court, the Delhi HC declined relief citing the seriousness and chances of compromising the evidences in the case. Reportedly, as per evidences, the concentrators sold were Chinese made and not fit to meet the requirement of even one person.
Tags: Oxygen Concentrators, Delhi High Court, Black market, Businessman
Courtesy: The Indian Express
Photo: ThebetterIndia
MDH Masala Owner Passes Away At 98 Due To Cardiac Arrest
The owner of MDH Masala, Dharampal Gulati, died on December 3 after suffering a cardiac arrest. The 98-year-old was undergoing treatment at a hospital in Delhi for the past three weeks. Popularly known as “Dalaji” to many, Dharampal Gulati received the Padma Bhushan award by the Indian government in 2019. Delhi's Deputy CM Manish Sisodia paid homage to Dalaji by calling him “India’s most inspiring entrepreneur”.
Tags: Businessman, Death, Cardiac arrest, MDH Masala
Courtesy: News 18
Photo: The Financial Express
Reliance Plans to Clash with Amazon for E-Commerce Supremacy
With purchasing majority stakes in Netmeds, Mukesh Ambani's Reliance Industry is set to compete against e-commerce giant Amazon. Billionaire Mukesh Ambani is looking to acquire several local online retailers, including Urban Ladder, Zivame and Milkbasket, with an aim to widen the footprint of Reliance Retail as he looks to challenge other e-commerce behemoths. Recently, the billionaire has raised more than USD 20 billion by selling stakes in… read-more
Tags: RIL, Reliance Industries, Mukesh Ambani, Businessman
Courtesy: India Today
