AgustaWestland case: HC grants bail to ‘middleman’ Christian Michel James in Rs 3,600-crore chopper scam

MUMBAI: The promoters of Gensol Engineering, Anmol Singh Jaggi and Puneet Singh Jaggi, engaged in blatant corporate misconduct, including illegal fund diversion for personal gain and stock price manipulation, as revealed by a SEBI investigation. They misappropriated hundreds of crores, using company loans to purchase a luxury flat and fund personal expenses while misleading regulators. SEBI has barred them from the securities market and initiated a forensic audit of Gensol's accounts, highlighting a severe breach...

MUMBAI: The promoters of Gensol Engineering, Anmol Singh Jaggi and Puneet Singh Jaggi, are under investigation by Sebi for gross violations of corporate governance, including illegal fund diversion for personal gain, stock price manipulation, and forgery of default letters. They misused hundreds of crores, including Rs 775 crore for purchasing electric vehicles for BluSmart and Rs 43 crore for a luxury flat, while also inflating the company's stock price through their firm Wellray. Sebi has...

SummaryBusinessman Robert Vadra appeared for a second day of questioning by the Enforcement Directorate (ED) regarding a money laundering probe linked to a 2008 land deal in Gurgaon involving his company, Skylight Hospitality, and DLF. Accompanied by his wife, Priyanka Gandhi, Vadra asserted his resilience against political targeting and expressed frustration over repeated summons, emphasizing that he had provided extensive documentation in previous appearances. The investigation also implicates former Haryana CM Bhupinder Singh Hooda, with...

Supreme Court of India NEW DELHI: The Supreme Court of India reprimanded the Telangana government for illegally felling trees and removing green cover from over 100 acres in Kancha Gachibowli forest, emphasizing the need for restoration or the potential jailing of senior officials. The court highlighted that any tree removal requires its permission and expressed concern for wildlife affected by the deforestation, demanding a revival plan within a month. Senior advocate Abhishek Manu Singhvi argued...

SummaryRajasthan Royals encountered a significant challenge in their IPL 2025 match against Delhi Capitals as captain Sanju Samson retired hurt due to rib pain while batting, having scored 31 runs. This incident raised concerns about RR's campaign moving forward. Earlier, Delhi Capitals set a competitive total of 188/5, bolstered by solid performances from players Axar Patel, Tristan Stubbs, and Abhishek Porel. Full Article

US Vice President JD Vance, along with his family, will travel to Italy and India from April 18-24. In India, he is set to meet Prime Minister Modi to discuss key economic and geopolitical priorities, especially amid ongoing tariff discussions. This trip, which includes visits to New Delhi, Jaipur, and Agra, marks Vance's second international journey as Vice President. Full Article