Choksi's seized assets can be monetised, says court
Hindustan Times Patna|December 12, 2024
A special court in Mumbai on Tuesday permitted the monetisation of assets worth over ₹2,500 crore that were attached or seized by the Enforcement Directorate (ED) as part of its money-laundering probe against fugitive diamantaire Mehul Choksi in the alleged Punjab National Bank (PNB) fraud case.
Abhishek Sharan

MUMBAI: Properties worth over ₹125 crore have been handed over to the liquidator as part of the process, ED said.

The decision by a special Prevention of Money Laundering Act (PMLA) court followed an application from the victim banks—PNB and ICICI Bank—for initiating the restitution process under PMLA Act.

Denne historien er fra December 12, 2024-utgaven av Hindustan Times Patna.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 12, 2024-utgaven av Hindustan Times Patna.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA HINDUSTAN TIMES PATNASe alt
Change in the air as India get ready for Brisbane test
Hindustan Times Patna

Change in the air as India get ready for Brisbane test

The final nets session in Adelaide gives indications of possible changes in line-up after the pink-ball Test loss

time-read
7 mins  |
December 12, 2024
Hindustan Times Patna

THE CURIOUS CASE OF ROHIT BAL'S WILL

Has Rohit Bal left his assets to close friend Lalit Tehlan or to his family? Both parties claim they have the legitimate will

time-read
3 mins  |
December 12, 2024
Hindustan Times Patna

INDIA LOSE AFTER MANDHANA HUNDRED, SUFFER 0-3 WHITEWASH

Opener Smriti Mandhana's elegant century went in vain as India lost to Australia by 83 runs in the third Women's ODI to suffer a 0-3 series whitewash here on Wednesday.

time-read
1 min  |
December 12, 2024
Ministry, SAI to introduce franchise national leagues
Hindustan Times Patna

Ministry, SAI to introduce franchise national leagues

In a first-of-its-kind initiative, the Sports Ministry and Sports Authority of India (SAI) have decided to organise franchise-based professional national leagues in several key sports disciplines at the grassroots and developmental levels.

time-read
1 min  |
December 12, 2024
Manu Bhaker looks to ease back into action at National shooting
Hindustan Times Patna

Manu Bhaker looks to ease back into action at National shooting

NEW DELHI: India's Paris Olympics medallists will be back in action at the Senior National Shooting Championships starting on Wednesday.

time-read
2 mins  |
December 12, 2024
How to claim deductions, save tax on rental income
Hindustan Times Patna

How to claim deductions, save tax on rental income

Rent can be an additional source of income for salaried individuals who have invested in property.

time-read
2 mins  |
December 12, 2024
New RBI guv takes over as growth slows, inflation rises
Hindustan Times Patna

New RBI guv takes over as growth slows, inflation rises

NEW DELHI: India got a new central bank governor on Wednesday, career civil servant Sanjay Malhotra, who has taken office at a time when the country's economic growth is slowing and inflation is surging.

time-read
1 min  |
December 12, 2024
Acme Solar secures 250 MW green project in NHPC auction
Hindustan Times Patna

Acme Solar secures 250 MW green project in NHPC auction

NEW DELHI: Acme Solar Holdings on Wednesday said the company has bagged a renewable energy project of 250 MW in an auction held by NHPC.

time-read
1 min  |
December 12, 2024
Hindustan Times Patna

MOBIKWIK'S INDIA IPO FULLY SOLD WITHIN 1ST HOUR

Indian financial technology firm MobiKwik's ₹572 crore ($67.4 million) IPO was fully subscribed within the first hour on Wednesday as investors bet on the company's growth in a booming domestic online payments market.

time-read
1 min  |
December 12, 2024
Data centre mkt attracts $60 bn investment commitment in 6 yrs
Hindustan Times Patna

Data centre mkt attracts $60 bn investment commitment in 6 yrs

NEW DELHI: India's data centre market has attracted investment commitment of $60 billion in the last six years and the cumulative inflow is estimated to surpass $100 billion by 2027-end, according to CBRE.

time-read
1 min  |
December 12, 2024