Navneet Rana got Rs 80 lakh loan from film financier Lakdawala, claims Raut

 

Shiv Sena MP Sanjay Raut has asserted that free parliamentarian Navneet Rana got a credit of Rs 80 lakh from movie lender and manufacturer Yusuf Lakdawala, who was captured in a tax evasion case by the Enforcement Directorate, and looked for a test into it by the focal office.

Lakdawala passed on at the Arthur Road prison here in September last year.

Conversing with correspondents on Wednesday, Raut likewise contemplated whether there was an "hidden world association" to the political column over recitation of Hanuman Chalisa, very much like the 1993 Mumbai sequential impacts.

He asserted the BJP was attempting to save Navneet Rana, who was captured by the Mumbai police on Saturday alongside her MLA spouse Ravi Rana, after the couple gave a call to discuss the Hanuman Chalisa (songs devoted to Lord Hanuman) outside Maharashtra Chief Minister Uddhav Thackeray's private home 'Matoshree' in Bandra region here.

The Ranas in the end dropped their arrangement, yet were captured by the police and booked under different areas of the IPC, including those connected with dissidence and advancing animosity between various gatherings....KNOW MORE

Privacy risk: Report says India among 75 nations with AI surveillance tools

Election News
India is bit by bit opening up to the danger of mass observation and digital snooping by the state just as maverick on-screen characters, as current innovation advances into the nation in a scene of frail security laws.
A report by international strategy think tank Carnegie Endowment for International Peace (CEIP) has said India is among 75 nations on the planet with access to present day AI reconnaissance innovation—placing it in a similar rundown as China, Russia and Saudi Arabia. The investigation was distributed in September.
"Numerous administrations in the Gulf, East Asia, and South/Central Asia are obtaining progressed investigative frameworks, facial acknowledgment cameras, and advanced checking abilities," said Steven Feldstein, a Carnegie Endowment individual and the creator of the report.
These frameworks are utilized to surveil residents "to achieve a scope of arrangement goals—some legal, others that abuse human rights, and a large number of which fall into a dinky center ground," he stated, without specifying their utilization in explicit nations.
Governments in despotic and semi-totalitarian nations are more inclined to manhandle AI observation than governments in liberal popular governments, the report noted. Some totalitarian governments like those in China, Russia, Saudi Arabia are abusing AI innovation for mass observation, while others with inauspicious human rights records are utilizing it to fortify suppression.

On the innovation front, the capacities are solid. Present day frameworks can make 360-degree profiles of residents by sewing together information from road cameras, card exchanges and web based life profiles. These frameworks can snoop on private connections on the cell phone and screen constant area of the objective. As indicated by the report, the greatest provider of AI reconnaissance arrangements is China with Huawei being the greatest exporter. (See graph).....READ MORE

ICICI-Videocon case: Chanda Kochhar, husband appear before ED again

Company News

Former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar on Tuesday again appeared before the Enforcement Directorate here in connection with an alleged bank loan fraud andm oney laundering case registered against them.

They were questioned by the agency on Monday for over eight hours. This was the first time they were grilled in Delhi.

They have been questioned by the agency in Mumbai in March.
The couple arrived at the Enforcement Directorate's headquarters in Khan Market here around their scheduled appearance time of 11:30 am, official sources said.

While it was not immediately known as to what was the ED's line of questioning on Monday, sources said the two were questioned about their personal and official dealings with the Videocon group.
Their statement was recorded under the Prevention of Money LaunderingAct (PMLA) by the investigating officer of the case, they said.

The Kochhars were supposed to depose before the agency early this month but they had then sought an extension of time and were allowed, they said.

Chanda Kochhar's brother-in-law and Deepak's brother, Rajiv Kochhar, has also been grilled by the ED multiple times in the case a few days ago here.Rajiv Kochhar has been questioned by the CBI in the same case in the past as well.


 He is the founder of Singapore-based Avista Advisory and was questioned by the CBI about his company's role in the restructuring of the loan, the sources said.

IL&FS crisis: ED files PMLA case, conducts raids in Delhi-NCR, Mumbai

Companies News:

The Enforcement Directorate (ED) conducted raids on at least six locations in Mumbai and Delhi-NCR region in connection with the multi-crore IL&FS payment default crisis, officials said.

They said the action by the central probe agency came after it registered a criminal complaint under the Prevention of Money Laundering Act (PMLA) in the alleged payment default case and searches were being conducted at the residential locations of executives linked to the Infrastructure Leasing and Financial Services (ILFS) including its former chairman Ravi Parthasarathy and few others.
The raids are on in Mumbai and locations in Delhi and the national capital region (NCR) including Gurugram, they said.

Officials added that the investigators are looking at collecting additional evidences and documents apart from what they have obtained till now as part of the probe.

The debt crisis at the infrastructure lender came to light following a series of defaults by its group companies beginning September, 2018.

IL&FS has defaulted on payment of loans to SIDBI and along with its subsidiaries has a combined debt of over Rs 91,000 crore.

The ED's case is based on an FIR filed before the Economic Offences Wing (EOW) of the Delhi Police in December last year.


 Ashish Begwani, Director of Enso Infrastructures (P) Ltd, had filed the case against officials of IL&FS Rail Ltd for allegedly causing Rs 70 crore loss to his company by fraudulent means.