Case booked in cheating of a consortium of six banks of ₹848 crore
The Hindu
Edible oils firm siphoned off funds through fake purchases and sales, says CBI
The CBI has booked Delhi-based JMD Oils Private Limited and others for allegedly cheating a consortium of six banks of ₹848.49 crore. The case has been registered on a complaint from the Indian Overseas Bank (IOB) on behalf of all the lenders. Among those named as accused are JMD Oils, Krishan Dhingra, Naresh Dhingra, Ramji Lal Sharma and Gulshan Kumar Dhingra. The company is into production of edible oils. It has one manufacturing unit in Gujarat’s Gandhidham and 22 depots for managing its operations. It had started taking credit facilities from the IOB in 2004. The other lenders joined in later under the consortium arrangement.
Sri Thyaga Brahma Gana Sabha celebrates its 80th anniversary, highlighting culture's role in identity and community preservation.
Migrant voters in Kerala are increasingly participating in local body polls, shaping their communities and electoral landscape.
Trump commends Congo and Rwanda for signing a U.S.-mediated peace deal, aiming to resolve ongoing regional conflicts and enhance economic ties.
The 2026 World Cup draw reveals group placements as the inaugural FIFA Peace Prize is awarded to Trump in Washington, D.C.
Party leaders discuss development and welfare initiatives in Kozhikode ahead of local body elections, highlighting diverse political visions.
Debutant Beena Divakaran faces veteran candidates in the Ponnurunni East election, aiming to maintain LDF's long-standing dominance.
India and Russia sign agreements to facilitate the safe mobility of semi-skilled workers in response to labor demands.
Excitement builds for the thrilling 2025 F1 season finale in Abu Dhabi, featuring Norris, Verstappen, and Piastri vying for the title.
Telangana Rising summit purely an economic event, says CM
Veteran cricketer Paras Dogra takes on a new role as a talent scout for IPL's Punjab Kings during the SMAT.
Puducherry Chief Minister N. Rangasamy pays tribute to Jayalalithaa on her death anniversary with floral offerings and official ceremonies.
Eight red sanders smugglers arrested in Tirupati; 12 logs seized during RSASTF operation in Sanipaya forest area.
Bengaluru Police investigate Aryan Khan's alleged obscene hand gesture at a pub event, following social media video circulation.