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Finance company dupes 216 depositors of 1.64 cr 6/13/2007 12:13:54 AM Jammu | June 12 The Crime Branch has produced a challan under section 420, 406, 120-B, 201 RPC against two finance companies for cheating and misappropriating public deposits. The depositors were falsely promised and offered early maturity and high rate of interest than that of RBI or any other nationalized Bank, beside free accident insurance and other so called incentives and facilities which were never fulfilled. The said case was registered at P/S Crime Branch Jammu on a complaint lodged by depositors through one Rajinder Raina S/o against the Non Banking Finance company viz M/s United Capital Service India Ltd and M/s Endowment Plantation Ltd. Regarding cheating and misappropriation of public deposits by its management and investigated by CIT. During the course of investigation and relevant and available records was obtained from the regional office Canal Road Jammu. Branch Office Rajouri and head office Chandigarh while house search of accused Ramesh Kumar Sharma and V.K. Kansal some documents pertaining the sale purchase of movable/ immovable property were also seized. ...   READ MORE

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Home Ministry team visit today to review security situation 6/13/2007 12:03:16 AM Jammu, June 12 A high level team of Union Home Ministry, led by the Home Secretary, Mr Madhukar Gupta, is scheduled to visit Srinagar on Wednesday for reviewing the latest security scenario in the border state. The Union Home secretary will call on the Chief Minister, Mr Ghulam Nabi Azad and Governor, Mr S.K.Sinha,where the team will exchange notes on the situation in the light of the demand from the PDP leadership for withdrawal of the troops from within the civilian areas. The central team will first discuss various aspects of the situation with senior functionaries of the police, paramilitary forces and intelligence agencies. Official sources said that on his maiden visit to S...   READ MORE   ACs, laptops, cars for MLAs 6/13/2007 12:02:40 AM BL KAK NEW DELHI, JUNE 12: Jharkhand is one of India's poorest States. It is official: Jharkhand is cash-strapped State. Yet, after laptops, legislators in the State have been sanctioned air-conditioners whose cost will be borne out by the public exchequer. Aalamgir Aalam, Speaker of the Jharkhand Legislative Assembly, has ordered the State government to get ACs installed at the official residence of all the 82 MLAs. Aalam justified his decision citing the changing climate of the State capital, Ranchi — which was once a hill station and the summer capital of Bihar — and the effect of scorching heat on the health of people's representatives. ...   READ MORE   Process begins to elect new President 6/13/2007 12:02:18 AM BL KAK NEW DELHI, JUNE 12: The process to elect new President of India has been set in motion. The Union Cabinet has given its formal approval to the election schedule prepared by the Election Commission. The Election Commission was largely expected to follow the schedule of 2002 when the notification was isued on June 11 and the polling took place in the third week of July. Another significant development round the corner: Autumn session of Parliament is quite likely to be held on the eve of Presidential election. The reason: Presence of all MPs in the Union capital for the Presidential poll can be ensured during Parliament session. At present, spotlights are on the supre...   READ MORE   PDP-Cong still aiming at each other on troops and AFSPA issue Reconciliation process under stress –claims Mufti; Azad counters situation not conducive 6/13/2007 12:00:58 AM Jammu June 12 There is no stopping to the big players of the coalition - the Peoples’ Democratic Party (PDP) and the Congress enforcing them to enter into a wordy war that in fact has kept the happenings heated up. Earlier, for the three years people of state have witnessed a wordy war between the Governor of state Lt Gen (Retd) S K Sinha and Mufti Mohammed Sayeed over the time duration of the Amarnath Yatra while for the last two years the same situation has emerged but with changed players and a changed game. Continuing the wordy war initiated since November 2005, Peoples Democratic Party (PDP) Patron, Mufti Mohammad Sayeed referring to PM’s declaration saying "the destinies of t...   READ MORE

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Suspected LeT militant arrested with 1.5 kg RDX Three killed, 21 injured as train derails Mehbooba violates security concerns Army launches 'Khush hal' borders campaign BJP leaders visit striking diploma holders BJP’s 36-hour sit-in-protest concludes   READ MORE THIS SECTION

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