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Kejriwal's custody extended till April 23; no relief from SC too

Kejriwal's custody extended till April 23; no relief from SC too

Rediff.com15 Apr 2024

The ED had arrested Kejriwal on March 21, hours after the high court refused to grant him protection from coercive action by the federal anti-money laundering agency.

Kejriwal not allowed in-person meeting with family in Tihar: Sanjay Singh

Kejriwal not allowed in-person meeting with family in Tihar: Sanjay Singh

Rediff.com13 Apr 2024

Addressing a press conference, Singh said, "There is an attempt to break the morale of CM Kejriwal.

Kavitha forced S C Reddy to pay Rs 25 cr to AAP: CBI

Kavitha forced S C Reddy to pay Rs 25 cr to AAP: CBI

Rediff.com13 Apr 2024

Reddy, who was an accused in a money-laundering case linked to the alleged liquor scam in Delhi, had turned an approver in the case that is being probed by the Enforcement Directorate (ED). The CBI is yet to file a chargesheet against him.

4 Indian origin men get 122-year jail for murdering PIO driver in UK

4 Indian origin men get 122-year jail for murdering PIO driver in UK

Rediff.com12 Apr 2024

They were each sentenced to life imprisonment, with a minimum term of 28 years behind bars.

Avenue Supermarts regains Rs 3-trillion m-cap; stock zooms 23% in 1 month

Avenue Supermarts regains Rs 3-trillion m-cap; stock zooms 23% in 1 month

Rediff.com12 Apr 2024

Shares of Avenue Supermarts, which owns and operates the DMart stores, hit a two-year high of Rs 4,710.15 as they surged nearly 6 per cent on the BSE in Thursday's (April 4) intraday trade after reporting strong revenue growth in the January-March quarter (Q4) of the previous financial year (FY24). DMart, in the Q4FY24 pre-quarter update, said the company reported 20 per cent growth in standalone revenue from operations at Rs 12,393 crore, as against Rs 10,337 crore in the third quarter (Q3) of 2022-23 (FY23), driven by a 7 per cent growth in revenue per store and a robust 13 per cent year-on-year (Y-o-Y) increase in store additions. In Q3 of 2021-22, the company reported revenue of Rs 8,606 crore and in Q3 of 2020-21, it posted revenue of Rs 7,303 crore.

CBI arrests BRS leader Kavitha in Tihar jail in corruption case

CBI arrests BRS leader Kavitha in Tihar jail in corruption case

Rediff.com11 Apr 2024

The CBI on Thursday arrested Bharat Rashtra Samithi (BRS) leader K Kavitha in connection with a corruption case linked to the alleged Delhi excise policy scam, officials said.

Fundraise via IPOs to hit Rs 1 trillion mark in FY25: Report

Fundraise via IPOs to hit Rs 1 trillion mark in FY25: Report

Rediff.com11 Apr 2024

Fundraising via the initial public offering (IPO) route by companies may touch Rs 1 trillion in financial year 2024-25 (FY25), according to a recent note by Pantomath Group - a mid-market investment bank. During the financial year 2023-24 (FY24), 76 companies tapped the markets through mainboard IPOs, Pantomath said, raising nearly Rs 62,862 crore. This is a 21 per cent rise compared to FY23, the note added.

When You Should Invest In PPF

When You Should Invest In PPF

Rediff.com11 Apr 2024

If you fail to make the lump sum deposit before April 5, do so at least before the 5th of the next month (May). That way you will only lose out on the interest for April.

ED arrest an assault on democracy, says Kejriwal; urges SC to release him

ED arrest an assault on democracy, says Kejriwal; urges SC to release him

Rediff.com11 Apr 2024

Earlier in the day, Chief Justice of India DY Chandrachud said he will look into Kejriwal's request for an early listing of his plea against a high court order upholding his arrest.

Not James Bond movie ....: HC on repeated pleas for Kejriwal's removal as CM

Not James Bond movie ....: HC on repeated pleas for Kejriwal's removal as CM

Rediff.com10 Apr 2024

Observing that the petitioner was "making a mockery of the system", the court said, "Rs 50,000 costs on you. We will pass the order."

Kejriwal moves SC against arrest in liquor policy case

Kejriwal moves SC against arrest in liquor policy case

Rediff.com10 Apr 2024

In a blow to Kejriwal ahead of the Lok Sabha polls, the Delhi high court had on Tuesday upheld his arrest in the money laundering case, saying the Enforcement Directorate (ED) was left with "little option" after he skipped repeated summonses and refused to join the investigation.

If Kejriwal's Government Is Dismissed...

If Kejriwal's Government Is Dismissed...

Rediff.com9 Apr 2024

'Kejriwal could have easily deputed someone to step in as chief minister, but being the authoritative and self-centered personality that he is, he chose not to do it.' 'If the AAP loses Delhi, where it has a huge majority, the only one to blame would be Kejriwal,' asserts Ramesh Menon.

ED questions Kejriwal's PA, summons AAP MLA

ED questions Kejriwal's PA, summons AAP MLA

Rediff.com8 Apr 2024

The agency had alleged in its earlier charge sheets that at least 36 accused, including former Delhi Deputy Chief Minister Manish Sisodia and Kumar, "destroyed, used or changed" 170 phones to conceal evidence of "kickbacks" worth thousands of crores of rupees in the alleged scam.

Street Signs: DMart's stock surge, tepid GMP, IPO lull, and more

Street Signs: DMart's stock surge, tepid GMP, IPO lull, and more

Rediff.com8 Apr 2024

Shares of Avenue Supermarts (DMart) have rallied 15 per cent in the past month, even as the benchmark National Stock Exchange Nifty has remained flat. The stock has garnered favourable commentary from both fundamental and technical analysts after three years of poor performance. "DMart has reached its first 52-week high since October 2021, taking off from solid base formations.

ED opposes Sisodia's bail saying he's delaying trial

ED opposes Sisodia's bail saying he's delaying trial

Rediff.com7 Apr 2024

The agency opposed Sisodia's bail plea before Special Judge Kaveri Baweja, who extended the judicial remand of the AAP leader till April 18 after he was produced before the court on the expiry of his custody.

Punit Goenka keen to prune Zee workforce by 15%

Punit Goenka keen to prune Zee workforce by 15%

Rediff.com5 Apr 2024

ZEE Entertainment Enterprises Ltd on Friday said its MD & CEO Punit Goenka has initiated a process of rationalisation of workforce by 15 per cent to prune staff strength across the company. In a regulatory filing, ZEE Entertainment Enterprises Ltd (ZEEL) said Goenka has proposed a lean organisation structure to the board with a lateral structure while identifying broadcast, digital, movies and music as core business units. "In line with his overall strategic approach, the MD & CEO has initiated the process of rationalisation of the workforce by 15 per cent, that will prune the staff strength across the company to arrive at a streamlined team that is sharply focused on the set goals for the future," the company said.

Cannot be allowed to run govt from jail: ED opposes Kejri's plea

Cannot be allowed to run govt from jail: ED opposes Kejri's plea

Rediff.com5 Apr 2024

The ED opposed Kejriwal's prayer for five meetings with his lawyer every week, saying it was against the jail manual.

Leo Varadkar, The PM Who Likes Jalebis

Leo Varadkar, The PM Who Likes Jalebis

Rediff.com5 Apr 2024

'When my father travelled 5,000 miles to build a new home in Ireland, I doubt he ever dreamed that his son would one day grow up to become its leader.' Vaihayasi Pande Daniel/Rediff.com profiles Dr Leo Varadkar who will step down as Ireland's taoiseach (prime minister) next week.

Sisodia's letter from Tihar: 'Will meet you soon'

Sisodia's letter from Tihar: 'Will meet you soon'

Rediff.com5 Apr 2024

Aam Aadmi Party leader Manish Sisodia has written a letter from Tihar Jail to the people of his assembly constituency, comparing his plight with the atrocities committed by the Britishers against freedom fighters and asserting his commitment to education.

2 crore people shouldn't face trouble, go to them, Kejriwal tells MLAs

2 crore people shouldn't face trouble, go to them, Kejriwal tells MLAs

Rediff.com4 Apr 2024

In a digital briefing, she said that Kejriwal, in his message, said even though he is in jail, the two crore people of Delhi, who are his family, should not face any problems.

'How can I build a corpus of Rs 2 cr in 2 years?'

'How can I build a corpus of Rs 2 cr in 2 years?'

Rediff.com4 Apr 2024

rediffGURU Ramalingam Kalirajan answers your personal finance queries.

Same law for Kejriwal and aam aadmi, ED tells high court

Same law for Kejriwal and aam aadmi, ED tells high court

Rediff.com3 Apr 2024

The Enforcement Directorate (ED) on Wednesday told the Delhi high court that Chief Minister Arvind Kejriwal, arrested in a money laundering case linked with the alleged excise scam, cannot claim "immunity" from arrest on the ground of upcoming elections as law is applied equally to him and an aam aadmi.

'Kejriwal lost 4.5 kg since arrest': AAP blames BJP

'Kejriwal lost 4.5 kg since arrest': AAP blames BJP

Rediff.com3 Apr 2024

'If something happens to Arvind Kejriwal, not just the whole country, even God will not forgive BJP'

Why Congress Rose To Kejriwal's Defence

Why Congress Rose To Kejriwal's Defence

Rediff.com3 Apr 2024

The Congress now knows that it is the only force -- however weakened it might be -- that stands between the BJP and India's evolution into a single-party Republic. Because, once it is out of the way, the BJP could sort out the other regional powers: Co-opting some, demolishing others, asserts Shekhar Gupta.

Ready to abide by any bail condition: Sisodia tells court

Ready to abide by any bail condition: Sisodia tells court

Rediff.com2 Apr 2024

Aam Aadmi Party leader Manish Sisodia, arrested in the Delhi excise policy case in February last year, on Tuesday told a Delhi court hearing his bail petition that no purpose will be served by keeping him in jail any further.

Growth slowdown, valuations near-term hurdles for DMart

Growth slowdown, valuations near-term hurdles for DMart

Rediff.com2 Apr 2024

Discount retailer DMart (Avenue Supermarts) hit its highest levels in a year and a half last week and is up over 11 per cent in the last one month. The company depends on low operating costs to offer the lowest prices to consumers, which enables sales velocity and scale, further reducing costs. This virtuous feedback loop has helped DMart gain market share in a sector dominated by unorganised stores.

'I'm in a Rs 70L credit card debt trap'

'I'm in a Rs 70L credit card debt trap'

Rediff.com2 Apr 2024

rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.

Sunita Kejriwal set to replace husband as Delhi CM?

Sunita Kejriwal set to replace husband as Delhi CM?

Rediff.com2 Apr 2024

With Delhi Chief Minister Arvind Kejriwal having been sent to judicial custody till April 15 by a city court in connection with the excise policy case, buzz over his replacement intensified even as his party leaders asserted that he will continue to head the government no matter how long he stays in jail.

Third time in Tihar, Kejriwal gets these books to read

Third time in Tihar, Kejriwal gets these books to read

Rediff.com1 Apr 2024

Delhi Chief Minister Arvind Kejriwal, who was sent to Tihar Jail after a court remanded him in judicial custody till April 15 in the excise policy case, will remain under 24x7 watch with CCTV cameras in his cell and could watch TV and read books, officials said.

MNCs look towards India for a booster dose

MNCs look towards India for a booster dose

Rediff.com1 Apr 2024

In recent months, several pharma multinational corporations (MNCs) are increasingly turning to Indian companies to expand market reach in the country's pharmaceuticals sector. Sanofi's partnerships with Dr Reddy's, Cipla, and Emcure, AstraZeneca and Mankind Pharma - teaming up for asthma medication distribution - are a few instances of this trend. This strategy allows MNCs to leverage established Indian networks and reach a wider audience. Indian companies also benefit from global brands and expertise, say analysts.

Excise policy: AAP's Goa poll kickbacks detected in I-T, CBI probes, says ED

Excise policy: AAP's Goa poll kickbacks detected in I-T, CBI probes, says ED

Rediff.com31 Mar 2024

Statements of five 'Angadiya' firm operators have also been recorded by the ED to establish the "money trail" of this alleged Rs 45 crore bribe amount.

US remarks on Kejriwal's arrest unwarranted: MEA

US remarks on Kejriwal's arrest unwarranted: MEA

Rediff.com29 Mar 2024

India on Thursday said the United States State Department's recent remarks on the arrest of Delhi Chief Minister Arvind Kejriwal is 'unwarranted' and asserted the country is 'proud of its independent and robust democratic institutions' and committed to protect them from any form of undue external influences.

Kejriwal got 10 minutes to speak, here's what he told the court

Kejriwal got 10 minutes to speak, here's what he told the court

Rediff.com29 Mar 2024

Delhi Chief Minister Arvind Kejriwal, arrested in the Delhi liquor policy case, on Thursday alleged that the 'actual' excise scam started after the Enforcement Directorate (ED) probe and not when the policy was made and that the agency's 'two main motives' were to crush his Aam Aadmi Party and to declare it corrupt.

Kejriwal to remain in ED custody till April 1

Kejriwal to remain in ED custody till April 1

Rediff.com28 Mar 2024

A court in New Delhi on Thursday extended the Enforcement Directorate custody of Chief Minister Arvind Kejriwal till April 1 in the excise policy case.

Why court extended Kejriwal's ED custody till April 1

Why court extended Kejriwal's ED custody till April 1

Rediff.com28 Mar 2024

A court in New Delhi on Thursday extended the Enforcement Directorate custody of Delhi Chief Minister Arvind Kejriwal till April 1, saying the agency provided 'sufficient reasons', such as the need for him to be confronted with material collected and statements recorded, to permit his further custodial interrogation.

Reits seek 'equity' label, option to take loan from banks

Reits seek 'equity' label, option to take loan from banks

Rediff.com28 Mar 2024

Real estate investment trusts (Reits) are in talks with regulatory bodies - the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) - to seek changes in regulations that will allow easier access to capital. The Indian Reits Association (IRA) said it has approached the market regulator seeking to get classified as an 'equity' asset, which will open the path for their inclusion in equity indices and also make investment by mutual funds (MFs) easier. The association is also in active discussions with the RBI to allow banks to lend to a Reit.

Kavitha shares Tihar cell with 2 other inmates, given jail food

Kavitha shares Tihar cell with 2 other inmates, given jail food

Rediff.com27 Mar 2024

"She ate dal and rice, which was also served to other inmates on Tuesday night, and Wednesday morning, she had tea with snacks," a jail source said.

HC to hear Kejriwal's plea against arrest on Wednesday

HC to hear Kejriwal's plea against arrest on Wednesday

Rediff.com27 Mar 2024

Delhi Chief Minister Arvind Kejriwal has issued directions from the Enforcement Directorate custody to ensure that medicines and tests are available to people at all government hospitals and Mohalla Clinics, Health Minister Saurabh Bharadwaj said on Tuesday.

Kavitha sent to judicial custody till April 9

Kavitha sent to judicial custody till April 9

Rediff.com26 Mar 2024

A court in New Delhi on Tuesday sent Bharat Rashtra Samiti leader K Kavitha to judicial custody till April 9 on a plea made by the Enforcement Directorate that the 'highly influential' arrestee, if released, was likely to influence witnesses and tamper with evidence.

'You can never write off Arvind Kejriwal'

'You can never write off Arvind Kejriwal'

Rediff.com26 Mar 2024

'This is the biggest crisis Kejriwal is facing in his life.' 'If he is able to come out of this, then he will have a great future.'

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