ED arrests PISL managing director in ₹3,316-crore bank fraud case
The Hindu
A forensic audit of the loan account revealed a conspiracy to circulate loans to various related entities to inflate its books of accounts.
The Enforcement Directorate has arrested the managing director of Prithvi Information Solutions Limited (PISL) for allegedly causing a loss of ₹3,316 crore to a consortium of public sector banks. Also read: Vuppalapati Satish Kumar has been accused of money laundering in connivance with his sister, Hima Bindu B, who is the managing director of VMC Systems Limited (VMCSL).
Prime Minister Modi celebrates BJP's victories in Maharashtra and bypolls, emphasizing unity and development over divisive politics.
Udhayanidhi Stalin urges cadres to launch campaign for securing 200 seats in 2026 Assembly elections
Udhayanidhi Stalin urges DMK members to gear up for 2026 Tamil Nadu elections, aiming for 200 seats.
A.P. Chambers and Tourism Forum urge Police Commissioner to allow round-the-clock access to RK Beach, address safety concerns.
Iran protests violent arrest of students in Kazan, seeks explanations from Russian authorities, demands accountability for incident.
SRMIST hosts IRIS 2024 summit with ASSOCHAM, fostering collaboration between academia and industry for innovation and growth.
Madras High Court directs CBI to probe illegal sale of government land assigned to missionary in Madurai.
An Injured painted stork was rescued by the Fire and Rescue Services personnel near Mullakkadu Beach Harbour in Thoothukudi district on Saturday
UPPL's record byelection win in Sidli boosts confidence for 2025 BTC elections, emphasizing peace-driven development model.
Ashwani Kumar, president of the Federation of Indian Exports Organisation (FIEO), emphasised on the crucial role of efficient port operation in facilitating global trade
Principal Secretary Sandeep Kumar Sultania urges power utilities to increase transformer capacity for higher energy demand in summer.
Space Commission member and former ISRO chairman A.S. Kiran Kumar called upon young technocrats to put in their heart and sweat to make India one among equals in the world in the space sector.