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Priyanka Gandhi meets Unnao rape victim's family, attacks UP govt

Priyanka Gandhi meets Unnao rape victim's family, attacks UP govt

Congress general secretary Priyanka Gandhi Vadra on Saturday blamed the BJP government in Uttar Pradesh for the death of the Unnao rape victim, following which she met the deceased's family members at their house and offered her condolences.

Hours after the death of the 23-year-old gang rape victim at a Delhi hospital, the Congress leader alleged that the "hollow law and order mechanism in UP" denied justice to survivors of sexual violations.

Goa minister urges Modi to mandate public hanging of rape-murder convicts

Goa minister urges Modi to mandate public hanging of rape-murder convicts

Goa minister Michael Lobo on Saturday demanded that public hanging of convicts in the rape-murder cases be made compulsory in the country for sending out a strong message in the society in order to curb crime against women.

He also urged Prime Minister Narendra Modi and Union Home Minister Amit Shah to bring amendments to the law to facilitate public hanging of such criminals.

Hyderabad cops file case against 4 rape accused after shooting them dead

Hyderabad cops file case against 4 rape accused after shooting them dead

A case was registered against four accused, arrested for the alleged rape and murder of a woman veterinarian near here last month and killed in an encounter, for 'attacking' the police personnel.

Case under IPC sections 307 (attempt to murder), 176 (omission to give notice or information to public servant by person legally bound to give it) and relevant sections of the Indian Arms Act were registered against the accused.

Akhilesh blames UP CM for Unnao rape victim's death, demands govt's removal

Akhilesh blames UP CM for Unnao rape victim's death, demands govt's removal

Samajwadi Party president and former Uttar Pradesh chief minister Akhilesh Yadav sat on a dharna outside the Vidhan Bhavan here on Saturday, blaming the Yogi Adityanath-led state government for the death of the Unnao gang rape victim in Delhi.

Terming the day as Black Day, he demanded that the BJP government be removed after accusing it of failing to protect women in the state.

ED attaches Rs 34-cr assets of Gujarat company for 'money laundering'

ED attaches Rs 34-cr assets of Gujarat company for 'money laundering'

Assets worth over Rs 34 crore of a Gujarat-based firm have been attached under the anti-money laundering law in connection with an alleged bank fraud case, the Enforcement Directorate said on Saturday.

The Enforcement Directorate probe pertains to Biotor Industries Limited and its managing director, Rajesh M Kapadia, and others, which is also being investigated by the Gujarat police and the Central Bureau of Investigation.

Equitas Small Bank to raise Rs 250 crore through private placement

Equitas Small Bank to raise Rs 250 crore through private placement

Equitas Small Finance Bank will raise Rs 250 crore through private placement from India Infoline Finance Limited (IIFL) Special Opportunities Fund, High Conviction Fund Series I and Focus Equity Strategy Fund - Trivantage Capital. The investors will take 4.51 per cent stake in post-issue.

The board of directors of of Equitas Small Finace Bank (ESFBL/ Bank) had approved to issue of 4,74,58,239 equity shares of Rs 10 each at a price of Rs 52.68 per equity share (including a premium of Rs 42.68 per equity share) aggregating to Rs 250 crore.

Bharti Airtel to gain at the expense of Vodafone Idea, say Brokerages

Bharti Airtel to gain at the expense of Vodafone Idea, say Brokerages

Telecom czar Sunil Bharti Mittal-led Bharti Airtel may consolidate its position at the expense of Vodafone Idea Ltd as it has better balance sheet strength to deal with the eventuality of having to pay past statutory dues in case the Supreme Court rejects their review petitions, brokerages said.

Airtel and Vodafone Idea have filed separate petitions in the Supreme Court seeking review of the October 24 order of the apex court that held them liable to pay statutory dues for past 14 years after including non-telecom revenue in their annual adjusted gross revenues (AGR).

RCom to lose its undersea cable unit as clouds hang over debt revamp

RCom to lose its undersea cable unit as clouds hang over debt revamp

Indian telecom operator Reliance Communications Ltd. will lose control of its undersea cable unit GCX Ltd. after a Delaware Court approved a creditor-supported Chapter 11 plan for the subsidiary, in a setback to its own closely-watched bankruptcy process.

The plan that got the nod this week will grant ownership of GCX to its own creditors in exchange for a debt write down of $150 million, according to a GCX statement and filings.

Auroinbo recalls heartburn drug ranitidine, two others from US market

Auroinbo recalls heartburn drug ranitidine, two others from US market

Aurobindo Pharma Limited has initiated a nationwide recall of three drugs from the US, two of them due to manufacturing issues. The development comes close on the heels of the regulatory compliance issues being faced by several of its manufacturing facilities back home.

These three products include heartburn drug Ranitidine that the US Food and Drug Administration(US FDA) had recently asked the companies to withdraw from the market owing to the presence of carcinogenic nitrosodimethylamine (NDMA) compound above the daily acceptable intake limits in the formulation.

MTPL to set up off-highway tyre facility in Gujarat, invest $107 million

MTPL to set up off-highway tyre facility in Gujarat, invest $107 million

Mahansaria Tyres Private Limited (MTPL) will set up a $107-million facility to manufacture off-highway tyres in Gujarat, backed by International Finance Corporation (IFC) through equity and loan.

IFC will provide a loan of up to $30 million and it will buy a stake in MTPL for up to $7.74 million.

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