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Showing posts from November, 2022

Franchise fraud: Kewal Ahuja, SGF on the run; company non-complaint in income tax and MCA filings as well

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  The franchising business is growing at a healthy 30–35% per year in India and is expected to reach $ 100 Billion in 2024. Delhi NCR’s bustling markets greets you with the choicest of top brands. Many corporate professionals as well as an innocent salaried middle-class youth have been interestingly seen taking a plunge into this franchisee business. It is crucial to pick the most trustworthy food franchise in which you can put your faith to enable you to succeed. You ought to earn a satisfactory reward for all of your hard work. The franchising business is growing at a healthy 30–35% per year in India and is expected to reach $ 100 Billion in 2024. Delhi NCR’s bustling markets greets you with the choicest of top brands. SGF (Spice, Grill and Flame) is one among those franchisees, incorporated dated January 29th, 2019, with the main objective of providing food services and ancillary objective included the business activities related to this industry and having Liaison offices and servi

Nepalis Feel the Human Toll of Qatar’s World Cup

 Far from demanding accountability from Qatar, South Asian governments have often been mute spectators to the plight of workers and their families at home. Twenty-four-year old Tej Narayan Tharu dreamt of buying a small plot of land and building a concrete house using his earnings as a scaffolder in a football stadium being built for the FIFA World Cup Qatar 2022. Born to a poor landless family of peasants in Morang, in Nepal’s eastern lowland bordering India, Tharu did not want his 4-year-old daughter to grow up in a mud hut or cut short her education due to financial problems like he did. Tharu died long before he could see his dreams turn into a reality, using the “blood money” that Qatar paid his family as compensation. Tharu’s family now lives in a cement building and owns a small plot of agricultural land where they grow paddy and corn. Samiksha, his daughter, studies in a private school. Renuka Chaudhary, Tharu’s wife, has cleared off the debt acquired during Tharu’s visa proces

Out of jail, Sanjay Raut praises Fadnavis, says 'will meet him in 2–4 days'

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Shiv Sena MP Sanjay Raut also refrained from targeting central investigative agencies and said he doesn’t blame them for his arrest. A day after walking out from the Arthur Road Jail, Rajya Sabha member Sanjay Raut, a key leader of the Uddhav Thackeray faction of the Shiv Sena, praised Maharashtra deputy chief minister Devendra Fadnavis for taking “some good decisions” and said he will be meeting the BJP leader soon. Speaking to reporters, Raut opined that the newly-formed Maharashtra government is being run by the deputy chief minister and he is leading the state. “A new government was formed in Maharashtra, I welcome some of their good decisions. Deputy CM Devendra Fadnavis took some good decisions. We feel that the state is being run by deputy CM Fadnavis and he is leading the state,” the Shiv Sena leader said. read more

Blatter says picking Qatar as World Cup host was a 'mistake'

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 “It’s a country that’s too small,” Blatter said of Qatar, the smallest host by size since the 1954 tournament in Switzerland. “Football and the World Cup are too big for that.” Picking Qatar to host the World Cup was a mistake 12 years ago, FIFA’s president at the time Sepp Blatter said Tuesday, again citing a meeting between Nicolas Sarkozy and Michel Platini for swaying key votes. The 86-year-old Blatter spoke with the Swiss newspaper group Tamedia in his first major interview since being acquitted with Platini in July of financial misconduct at FIFA after a trial at federal criminal court. “It’s a country that’s too small,” Blatter said of Qatar, the smallest host by size since the 1954 tournament in Switzerland. “Football and the World Cup are too big for that.” Read more

7 CMC Vellore students suspended over ragging, sexual abuse allegations

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 Allegations against the seven students include physical and sexual abuse of juniors by parading them half-naked and making them mimic sexual acts The prestigious Christian Medical College in Tamil Nadu’s Vellore has suspended seven students for ragging their juniors, the college authorities said. Allegations against the seven students include physical and sexual abuse of juniors by parading them half-naked and making them mimic sexual acts. The college on Wednesday said that a committee has been set up to investigate the allegations and that the students were suspended till the probe is complete. A video of the incident surfaced on social media. A person claiming to be a first-year student also posted a textual account on community platform Reddit of the ragging along with detailed allegations of physical and sexual abuse freshers were facing in the men’s hostel since March. Read more

9 Indians among 10 killed in massive Maldives fire: Report

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 Maldives Fire: India expressed grief over Maldives fire and said that it was in close contact with authorities. At least 10 people were killed and several others injured when a fire swept through cramped lodgings of foreign workers in the Maldives capital Male, the fire service said. In the fire 9 Indians were reportedly killed as officials recovered 10 bodies from the upper floor of a building destroyed in the fire. read more

Coimbatore car blast case: NIA searches 40 locations in Tamil Nadu

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The individuals being searches were in frequent contact with Jamesha Mubeen, who was killed in the car blast in Coimbatore on October 23, an official told. The National Investigation Agency (NIA) Thursday conducted searches across Tamil Nadu in connection with the Coimbatore car blast case. The searches began at 6 am at 40 locations, including 30 in Coimbatore, eight in Chennai, and two in Madurai, official sources told The Indian Express. “All of the individuals being searched were in contact with Jamesha Mubeen (who was killed in the car blast on October 23). We are looking into what led them to communicate frequently with Mubeen,” an officer said. Read more

35 cases under Arms Act in Mohali district this year so far, 17 last year

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 As many as 61 accused have been arrested by the police this year under the Arms Act while last year 22 accused were arrested by the police The district police has noticed a steep rise in the recovery of illegal weapons and arrest of the accused. Police officials said that in the coming days, more recoveries could be made. According to the police records, a total of 35 cases under the Arms Act were registered in the district from April 1 to November 9 this year while 17 cases were registered last year in the same time period. As many as 61 accused have been arrested by the police this year under the Arms Act while last year 22 accused were arrested by the police. Read More

Dapoli resort case: MLC Anil Parab gets interim relief till November 14

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 Anil Parab, a leader from the Uddhav Thackeray-led Shiv Sena, has been charged along with two others in an alleged Rs 10 crore scam in connection with several irregularities in the construction of Sai Resort in Dapoli. Maharashtra MLC Anil Parab was Wednesday granted interim relief by a sessions court till November 14, a day after he was charged in connection with an alleged fraud case. Parab, a leader from the Uddhav Thackeray-led Shiv Sena, was on Tuesday charged along with two others by the Dapoli police in Maharashtra’s Ratnagiri in an alleged Rs 10 crore scam in connection with several irregularities in the construction of Sai Resort in Dapoli. Read More

Meta to cut more than 11,000 jobs in one of biggest US layoffs this year

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 The broad job cuts, the first in Meta’s 18-year history, follow thousands of layoffs at other major tech companies including Elon Musk-owned Twitter and Microsoft Corp. Meta Platforms Inc said on Wednesday it will let go of 13% of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year as the Facebook parent battles soaring costs and a weak advertising market. The broad job cuts, the first in Meta’s 18-year history, follow thousands of layoffs at other major tech companies including Elon Musk-owned Twitter and Microsoft Corp. The pandemic boom that boosted tech companies and their valuations has turned into a bust this year in the face of decades-high inflation and rapidly rising interest rates. Read More

Setback for Nirav Modi as UK High Court orders his extradition to India to face fraud charges

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  Nirav Modi was booked in the Rs 13,500-crore PNB fraud case, where it was claimed that companies controlled by him had benefited from issuance of fraudulent letters of undertaking from the bank. The High Court in London on Wednesday rejected the appeal of fugitive diamond merchant Nirav Modi and ordered his extradition to India to face charges of fraud and money laundering, amounting to an estimated USD 2 billion in the Punjab National Bank (PNB) loan scam case, news agency PTI reported. The verdict was delivered by Lord Justice Jeremy Stuart-Smith and Justice Robert Jay, who presided over the appeal hearing earlier this year. Read More