CBI to produce former FM P Chidambaram before special court today
.jpg)
Senior Congress leader and former finance minister P Chidambaram was arrested in connection with the INX Media case from his Jor Bagh residence in New Delhi on Wednesday night and taken to the Central Bureau of Investigation (CBI) headquarters. According to reports, CBI will produce Chidambaram before a special court on Thursday and could push for his custodial interrogation.
“The CBI will push for at least three days of custodial interrogation. Now his lawyers will argue for his bail plea before the Supreme Court on Friday. If the SC developments are in his favour, and the apex court agrees then he will be out on bail, else if the CBI court agrees to extend custody, then Chidambaram will remain in CBI lock-up," a person familiar with the developments said.
In high drama on Wednesday night, Chidambaram, one of the key ministers during ten years of UPA regime, was taken to headquarters of the probe agency after CBI officials scaled the boundary walls of his residence in Jor Bagh on Wednesday night to arrest him in INX Media case.
CBI, which issued a lookout notice against Chidambaram arrested him after he made a dramatic appearance at the Congress headquarters in Delhi and addressed a press conference in which he rejected the charges against him and his son in the INX Media case and said "lies" were being spread by "pathological liars."
Other Latest News
.webp)
Cement maker ACC on Thursday said its profit after tax (PAT) increased four-fold to Rs 945 crore in the March quarter of the previous fiscal year on account of robust sales.
The company had reported a PAT of Rs 236 crore in the year-ago period.
Revenue from operations rose to Rs 5,409 crore in the fourth quarter as compared with Rs 4,791 crore in the year-ago period, ACC Ltd said in a regulatory filing.
.webp)
Nestle on Thursday missed first-quarter organic sales growth estimates, as the world's biggest packaged food company hiked prices and sold fewer products, particularly in North America.
The maker of Maggi noodles, Nescafe coffee and KitKat chocolate wafer bars confirmed its 2024 guidance of organic sales growth of about 4 per cent and a moderate increase in underlying trading profit margin.
.webp)
Shares of Hitachi Energy were buzzing in trade on Thursday as they soared as much as 18.89 per cent to hit a fresh record high of Rs 9,765.30 per share, driven by expansion plans. On the other hand, S&P BSE 500 was trading 0.21 per cent higher at 74,010.29 levels, as of 1:02 PM.
Hitachi Energy intends to establish additional global capability centres (GCCs) in India to bolster its local operations in response to escalating energy demand and the government's focus on expanding renewable energy generation, according to Reuters.
.webp)
Air India Express will give first-time voters aged 18 to 22 a 19 per cent discount on domestic and international flight tickets for travelling to their home constituencies and back, the Economic Times (ET) reported.
This deal is part of the airline’s "#VoteAsYouAre" campaign, “designed to mobilise first-time voters to fly home to exercise their constitutional right and help guide the flight path of the nation", ET reported.
.webp)
National Stock Exchange (NSE) on Wednesday introduced derivative contracts on Nifty Next 50 index, which received a positive response from market participants.
More than 375 trading members from across the country participated in the index derivatives, the National Stock Exchange (NSE) said in a statement.
.webp)
.webp)
.webp)
.webp)
.webp)
