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The Enforcement Directorate (ED), which recently succeeded in getting diamantaire Nirav Modi declared a fugitive economic offender is now set to confiscate his assets for auction. ED has already identified assets that can be sold smoothly."Enforcement Directorate has attached assets worth Rs 2,400 crores which will be auctioned,” a source close to the development told Moneycontrol.Another source said, "On January 10, ED will file details relating to properties that are unsecured and where nobody has any claims, with a special court. The court has given ample time to identify assets that are not pledged.”Close These assets include Nirav Modi’s apartment in one of Mumbai’s prominent housing society, Samudra Mahal, and 6-7 other real estate properties in South Mumbai. The Mumbai and Jaipur offices of Modi's company Firestar Diamond and jewellery worth over Rs 500 crore also may be put up for sale. related news PNB fraud case: Nirav Modi declared fugitive … [Read more...] about Enforcement Directorate set to confiscate Nirav Modi’s assets for auction

Reeling under slowdown that has gripped the economy, industrialists have reportedly started giving up their business jets, The Economic Times reports.This can be inferred from the declining number of non-scheduled operators (NSOPs) in India. As of September this year, there were 99 NSOPs in India as per Directorate General of Civil Aviation data. This is down from the 130 NSOPs that were operational in the country a little over a year ago.Moneycontrol could not independently verify the report.Close A 13-seater Global 5000, owned by Anil Ambani's Reliance Transport and Travels, has been leased to a global chartered company, according to the report. A source told ET that the aircraft which is currently stationed in Bengaluru, was the same one which was used by Anil Ambani for his business travels. related news Hyderabad rape and murder: Law has done its duty, says police chief VC Sajjanar Allahabad HC dismisses election petition against PM Modi In addition to this, the report … [Read more...] about Slowdown jitters? Industrialists in austerity mode, shun biz jets: Report

The latest platform to release a year-in-review look-back over 2019 is Google-owned YouTube. YouTube says the “Rewind 2019” video celebrates “the creators, music and moments that mattered most to you in 2019.” The problem is, as Business Insider notes, many people on social media have taken to their feeds to say how much they hate the video. advertisement The video currently has over 18 million views with 1.2 million likes, but double that–2.4 million–dislikes. So why all the hate? Many called it “uninspired” and lamented its “low quality” look. Others just thought it was boring or were angry certain topics weren’t covered. I stopped watching #YouTubeRewind 2019, not because it was so bad but because it was boring lol sorry man, you tried. — your calico cat (@ameowah) December 6, 2019 This was fucking shit, it was just all round awful. YouTube been going on like this year's YouTube rewind was top nosh … [Read more...] about Watch YouTube’s ‘Rewind 2019’ year-in-review video, which people really seem to hate

There is no Indian study that suggests pollution leads to shortening of the lifespan, said Union Minister of Environment, Forest and Climate Change Prakash Javadekar on December 6.A PTI report quoted Javadekar as saying, "Let us not create a fear psychosis among people," on a query in the Lok Sabha about studies that life expectancy is coming down due to pollution.Javadekar pointed out that the government has been taking pro-active actions to curb pollution and that efforts are bearing fruits.Close To tackle the problem of air pollution, the government launched the National Clean Air Programme (NCAP) countrywide. City-specific action plans have been prepared and approved for implementation in all 102 cities, according to Javadekar. related news Wheat sowing up 4.28% at 202.54 lakh ha so far Another depositor of fraud-hit PMC Bank dies Karnataka bypolls: Exit polls predict majority win for BJP "Under NCAP, 102 non-attainment cities have been identified based on ambient … [Read more...] about No Indian study directly links life expectancy to pollution: Environment Minister Javadekar

Jharkhand is polling to elect a fresh Legislative Assembly. Elections are being held for all of the state legislature’s 81 seats.Voters in Jharkhand are heading for polls in five phases. The final phase will be held on December 20. Counting of votes will happen on December 23.Raghubar Das, Jharkhand’s only chief minister to complete a tenure, is leading the Bharatiya Janata Party (BJP)’s campaign to retain power.Close The saffron party is being challenged by an alliance comprising former chief minister Hemant Soren-led Jharkhand Mukti Morcha (JMM), the Indian National Congress and the Rashtriya Janata Dal (RJD). related news Gold price down Rs 6 to Rs 38,175 per 10 gm, up 0.41% for the week Statue of Unity surpasses daily average footfall at USA's Statue of Liberty In rare move, railways retires 32 officers in 'public interest' before normal date of retirement BJP’s long-time ally, the All Jharkhand Student's Union (AJSU) is contesting this … [Read more...] about Jharkhand Assembly Election: 10 bellwether seats — whoever wins these, wins the polls