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CITCO chief general manager among 7 put on notice for holding up salaries

Told to reply why the salaries of two employees, who were indicted in the ₹35-lakh bank guarantee case, have not been released for over six months

In the show-cause notice, the CITCO managing director stated that all of them were aware that salary was a basic requirement for any official working in any organisation or department. (HT File Photo for representation)
Updated on Aug 24, 2024 09:24 AM IST
By, Chandigarh

400 crore ‘scam’: Absconding for weeks, key accused caught from Panipat

Abhishek lured hundreds of people to make investments in his company in return for hefty returns. However, he and his wife Niharika fled with over ₹400 crore that belonged to their investors.

 (For representation)
Updated on Jul 22, 2024 07:46 AM IST
By, Prayagraj

Six officials of Union Bank of India booked in illegal money transfer case

The action comes after an official of the Corporation died by suicide on Sunday, leaving behind a note.

Six officials of Union Bank of India booked in illegal money transfer case
Published on May 30, 2024 02:26 PM IST
PTI | | Posted by Pathi Venkata Thadhagath

‘Artificial intelligence hitting labour forces like a tsunami’: IMF chief

Artificial intelligence is likely to impact 60% of jobs in advanced economies and 40% of jobs around the world in the next two years, Georgieva said.

Kristalina Georgieva, managing director of the International Monetary Fund (IMF).(Bloomberg)
Published on May 14, 2024 01:45 AM IST
Reuters |

Nawaz Modi accuses Gautam Singhania: Uses Raymond as ‘his personal fiefdom'

Nawaz Modi said, “They are (using) invalid grounds for my removal. Has the major shareholder promotor lost his confidence in me for doing my job?"

Raymond Group Chairman and Managing Director Gautam Singhania and Nawaz Modi is seen, (Instagram/ Gautam Singhania)
Updated on Apr 26, 2024 02:36 PM IST

Motilal Oswal AMC announces leadership changes; elevates Prateek Agrawal as MD, CEO

Motilal Oswal AMC announces leadership changes; elevates Prateek Agrawal as MD, CEO

Motilal Oswal AMC announces leadership changes; elevates Prateek Agrawal as MD, CEO
Published on Apr 25, 2024 06:15 PM IST
PTI |

Reliance Jio MD Sanjay Mashruwala resigns: What company said

Sanjay Mashruwala will leave Jio effective from June 9, the company said.

A mobile sim card packet for Jio Platforms Ltd., a unit of Reliance Industries Ltd., in Mumbai, India.(Bloomberg)
Published on Apr 23, 2024 08:35 AM IST

IAS officer Rubal Agarwal takes over as MD of Maha Mumbai Metro

A 2008-batch IAS officer, Agarwal was also posted as additional municipal commissioner of the Pune Municipal Corporation (PMC) on January 1, 2019, and served for two-and-a-half years. She was given the responsibility of Covid-19 management in Pune, for which she received praise

IAS officer Rubal Agarwal takes over as MD of Maha Mumbai Metro
Updated on Apr 09, 2024 08:52 AM IST

Court refuses pre-arrest bail to Punjabi Ghasitaram Halwai MD

Sewri court rejects anticipatory bail for MD of Punjabi Ghasitaram Halwai in case of minor's death in illegal lift

Sewri court has rejected anticipatory bail. (Representative Image)
Updated on Apr 03, 2024 09:48 AM IST
ByVinay Dalvi

Ggm Metro extension work begins, board holds first meet

Earlier, Prime Minister Narendra Modi had laid the foundation stone of the Gurugram metro project on February 16 in Rewari

The Gurugram Metro extension project will cover a distance of 28.5 kilometres from Huda City Centre to Cyber City, via Subhash Chowk, Krishna Chowk and Sector 22. The route will have 27 stops, including an interchange station. (Parveen Kumar/HT Photo (Representational))
Updated on Mar 21, 2024 05:48 AM IST

Poonawalla Fincorp taps HDFC Bank's Arvind Kapil as new MD & CEO. Who is he?

Appointment of Arvind Kapil as MD & CEO at Poonawalla Fincorp follows retirement of Abhay Bhutada, who will remain as non-executive director.

Arvind Kapil to lead Poonawalla Fincorp as MD & CEO for a five-year term(HDFC Bank)
Published on Mar 18, 2024 07:19 PM IST

Mahindra Group appoints Amarjyoti Barua as Group CFO

The change of guard at MHRIL comes following Singh's resignation, according to Mahindra Group.

Amarjyoti Barua is seen.
Published on Feb 02, 2024 03:05 PM IST
PTI |

Siddaramaiah fails to start motor button, Mysore electricity board MD suspended

The Mysore electricity board managing director, who did not take precautionary measures regarding electricity, was not even present at the event.

Karnataka chief minister Siddaramaiah(X)
Published on Jan 26, 2024 08:48 AM IST

Whiteland Corporation appoints Pankaj Pal as MD

Pankaj Pal has been appointed as the new managing director of Whiteland Corporation, where he will lead strategic initiatives and drive business plans. Pal has extensive experience in the real estate industry, having held leadership roles at several companies. The Founder Chairman of Whiteland Corporation, Navdeep Sardana, expressed excitement about Pal's appointment and his ability to further cement the company's brand legacy. Pal also expressed his enthusiasm for joining Whiteland Corporation and working with Sardana to contribute to the company's success and growth.

HT Image
Updated on Jan 22, 2024 02:53 PM IST

Bureaucrat’s son, accused of running over girlfriend, arrested

The arrests were made hours after Shiv Sena UBT Leader of Opposition Ambadas Danve visited Infinity Hospital in Majiwada in Thane where 26-year-old Priya, who also runs a beauty salon, has been admitted with fractures and enquired about her health condition

Bureaucrat’s son, accused of running over girlfriend, arrested
Updated on Dec 18, 2023 08:06 AM IST

Thane police issues notice to accused in assault case involving MSRDC MD’s son

Kasarwadvali police has issued a notice under section 141 to Ashwajit Gaikwad, Romil Patil, and Sagar Shelke in the assault case where the son of the Maharashtra State Road Development Corporation (MSRDC) managing director allegedly crushed his girlfriend under a car

HT Image
Updated on Dec 17, 2023 07:46 AM IST

Sajjan Jindal, JSW boss, accused of rape by actress

JSW Group MD Sajjan Jindal has been accused of rape by an actress. The incident allegedly occurred in January 2022 at the company's Mumbai office.

Actor registers rape complaint against JSW MD Sajjan Jindal
Updated on Dec 17, 2023 10:34 AM IST

PRTC without top brass for two weeks, work hit

Confirming the development, PRTC chairman Ranjodh Singh Hadana said the matter was already in the notice of the government, and a new MD was likely to be appointed in the coming days.

As per the documents accessed by HT, the former PRTC MD was relieved on November 8 for his posting in the central government. Since then, the post of the MD has been lying vacant.
Updated on Dec 03, 2023 07:28 AM IST
ByKaram Prakash, Patiala

One controversial MD of MSRDC makes way for another

The Maharashtra state government is expected to replace controversial IAS officer Radheshyam Mopalwar with Anil Gaikwad as managing director of the Maharashtra State Road Development Corporation. Gaikwad, who has faced suspension in the past, will be the first non-IAS officer to head the corporation. Mopalwar will continue as director-general of infrastructure.

HT Image
Updated on Nov 30, 2023 06:32 AM IST

Volvo buses from Shimla to Delhi will no longer cross Pinjore, Kalka, Parwanoo: HRTC

The decision has been taken by the corporation after considering the demand of the commuters who complained that the buses are stuck in traffic leading to delay in their journey by one to two hours

Volvo buses from Shimla to Delhi will no longer cross Pinjore, Kalka, Parwanoo: HRTC (HT Photo)
Updated on Nov 22, 2023 08:10 AM IST
ByPress Trust of India, Shimla

Meet Joy Alukkas, school dropout who became India's richest jeweler

In 1956, Alukkas' father, Varghese Alukkas, opened the first jewellery store in Kerala's Thrissur.

A school dropout, Alukkas went to the Middle East to open the family's first overseas store in 1987 in Abu Dhabi.(File)
Published on Oct 14, 2023 07:27 PM IST

IREO MD granted bail in money laundering case

The first bail application was filed on medical grounds but it was dismissed by the court. The second bail application filed on October 4

Lalit Goyal was first arrested in 2021 by the ED in a multi-crore real estate scam, but in April 2022 was granted regular bail by the apex court on medical grounds. (HT File)
Updated on Oct 14, 2023 07:38 AM IST
By, Panchkula

Haryana IAS officer sent to judicial custody for taking bribe to sanction transfer

The anti-corruption bureau (ACB) of Haryana had arrested IAS officer Jaivir Singh Arya from his office on Wednesday evening

Officials said IAS officer Jaivir Singh Arya was arrested after middleman Munish Sharma was caught by the ACB while accepting <span class='webrupee'>₹</span>3 lakh bribe on behalf of Arya. Sharma was arrested from his shop in Phase 2 of Panchkula’s Industrial Area. (Getty image)
Updated on Oct 14, 2023 07:24 AM IST
By, Panchkula

Haryana warehousing MD Jaivir Arya held for taking bribe to sanction transfer

Second IAS officer to be arrested for corruption this week; gets one-day police remand, while middleman taking ₹3 lakh on his behalf was sent to judicial custody

Haryana IAS officer Jaivir Singh Arya (centre) being brought to a Panchkula court on Thursday. (Sant Arora/HT)
Published on Oct 12, 2023 05:09 PM IST

Chandigarh coaching centre fined for failing to refund student’s fee

District Consumer Disputes Redressal Commission directed the institute to refund ₹1,70,625 to the complainant along with interest @ 9% per annum from the date of filing of this consumer complaint till the date of payment

District Consumer Disputes Redressal Commission fined a Chandigarh coaching centre for failing to refund student’s fee. (HT File)
Updated on Oct 10, 2023 07:06 AM IST
By, Chandigarh

With no MD for 18 months, CITCO works suffer

Education secretary Purva Garg has been holding the additional charge of CITCO’s MD since March 2022, after Jaswinder Kaur Sidhu, a Punjab-cadre IAS officer, returned to her parent cadre

CITCO chairperson Nitin Yadav said the UT administration has already forwarded the name of a Punjab cadre officer to the ministry of home affairs (MHA) for final approval. (HT File)
Updated on Sep 04, 2023 03:53 AM IST
By, Chandigarh

Uday Kotak steps down as MD & CEO of Kotak Mahindra Bank

As an interim arrangement, the Group will be headed by Dipak Gupta, who led the bank as the joint managing director since 2012.

Uday Kotak(Bloomberg)
Published on Sep 02, 2023 03:30 PM IST

Airhostess’death: CBI court frames charges against MD, dentist of Gurugram hospital

The court of special judge (CBI) Haryana at Panchkula, Rajeev Goyal framed charges against Dr Anuj Bishnoi, managing director of Alfaa Health Care Hospital, and a dentist at the hospital, Dr Anjali Ashk, and the deferred the case to January 8, 2024, when the court will begin recording evidence. The special court framed charges against MD and a dentist of a private hospital in Gurugram, in connection with the death of Rosy Sangma, a GoAir airhostess from Nagaland, in June 2021.

A CBI special court on Friday framed charges against the managing director (MD) and a dentist of a private hospital in Gurugram, in connection with the death of Rosy Sangma, a GoAir airhostess from Nagaland, in June 2021. (Representational image)
Updated on Aug 26, 2023 01:29 AM IST
By, Panchkula

Money laundering case: Notice to ED on bail plea of MD of IREO group

ED is likely to file reply on July 25, when the bail plea comes up for hearing. Goyal was arrested by ED in a money-laundering case linked to a corruption case against suspended Haryana judicial officer, Sudhir Parmar.

A local court on Thursday issued notice to the Enforcement Directorate on the bail application moved by the managing director of real estate development company IREO, Lalit Goyal, who is presently lodged in jail in a money laundering case. (Getty Images/iStockphoto)
Updated on Jul 21, 2023 12:21 AM IST
By, Panchkula

IREO MD sent to judicial custody

The ED on Tuesday had sought 8 days custody for IREO MD Lalit Goyal citing “no co-operation” from him in the probe as one of the grounds

IREO MD sent to judicial custody
Updated on Jul 12, 2023 12:59 AM IST
By, Panchkula
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