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Time of India
33 minutes ago
- Time of India
IIT-G: Fee revised after 7 years to support students' welfare
Guwahati: IIT Guwahati authorities on Wednesday said a fee hike was imminent to support the cause of the students, even as PhD students at the institute continued their second day of protests on Wednesday against substantial fee increase across various heads. The students conducted a protest march on the campus on Tuesday night, while the IIT Guwahati administration maintained that the hike in fee has been made 'to support enhanced student welfare and activities'. 'IIT Guwahati revised the fee after seven years, and the increase for continuing students is Rs 8,900 per semester. This was made to support enhanced student welfare and activities, including increased allocations for hostel-level events, cultural and sports festivals, and Gymkhana-led initiatives beyond just Inter-IIT participation,' IIT Guwahati authority said in a statement on Wednesday. Following the fee increase announcement last month, PG and PhD students requested an open discussion to understand the fee component increases. The administration stated they held a four-hour discussion on July 17, explaining the fee increase details. "The students were also informed that the institute made provisions for loans through the Students' Welfare Fund to support the needy ones. At the conclusion of the meeting, with the clarifications in hand, the student body was asked to submit their representation if they had any further concerns. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Discover the upgrades that set the New Koda 2 Pro apart Ooni Pizza Ovens Learn More Undo No submission has been received so far," the IIT Guwahati authority claimed on Wednesday. The administration noted that the protest outside the administrative building that started on Tuesday was unexpected, occurring without prior notice or formal representation of concerns. "While a small group of students is protesting, the majority of the 8,400-strong student body is not participating in the protest," the administration claimed, although protesting PhD students asserted support from others unable to join. "This small group of protesting students bypassed the elected student body," the administration added, noting the elected student body statement: "Despite the ongoing dialogue within the elected student body to put up a proposal for consideration of fee revision, this small group of protesting students disobeyed the student representatives, jeopardising their efforts at reconciliation. The elected student body is not part of this protest and is also working through the proper channel for an amicable solution to the increased components of the fee. " The protesters highlight that PhD students' fee increased by Rs 10,900 for the July-Nov semester 2025, rising from Rs 34,800 in Jan-May 2025 to Rs 45,700.
Time of India
33 minutes ago
- Time of India
Ramprastha realty fraud: ED uncovers Rs 140cr fund diversion
1 2 Chandigarh: The Gurugram unit of the Enforcement Directorate (ED) on Wednesday claimed to have uncovered a fund diversion of over Rs 140 crore belonging to home buyers by the directors of Ramprastha Promoters & Developers Pvt Ltd (RPDPL). The revelation came during the interrogation of Arvind Walia and Sandeep Yadav, directors and promoters of Ramprastha Developers Group. Both Yadav and Walia were arrested by ED's Gurugram unit on Monday, and the special PMLA court of Gurugram ordered their ED custody until Friday. ED is expected to get more leads about the whereabouts of other accused as well as details of funds diverted by the accused company, confirmed the officials on Wednesday. Walia and Yadav are directors and the majority shareholders of Ramprastha Developers Group. The company is accused of duping 2,000 home buyers to the tune of Rs 1,100 crore on the pretext of selling flats or allotment of residential plots in Gurugram. Officials informed that soon after the arrest of the accused, the federal agency conducted search operations at three locations in Delhi and Gurugram in connection with a money-laundering case against RPDPL and its promoters/directors. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Beyond Text Generation: An AI Tool That Helps You Write Better Grammarly Install Now Undo The promoters/directors of RPDPL diverted funds of more than Rs 140 crore collected from homebuyers to its group companies as advances for the purchase of land parcels, etc, instead of using the same for the completion of promised homes, which ultimately led to failure to deliver the flats and plots to date. The search actions also resulted in the seizure of unaccounted cash amounting to Rs 18 lakh and six luxury cars belonging to the company used for the personal needs of the directors. Moreover, three bank lockers and 34 bank accounts with balances worth multiple crores were frozen. ED initiated an investigation on the basis of multiple FIRs registered by the Economic Offences Wing (EOW), New Delhi, and Haryana Police. It was alleged in the FIRs that RPDPL and its promoters have cheated/defrauded various home buyers/plot buyers for failing to deliver the promised flats and plots within the promised timeframes, even after the lapse of more than 10-14 years. During the investigation under PMLA, 2002, it was revealed that RPDPL launched various projects such as Project Edge, Project Skyz, Project Rise, and Ramprastha City (plotted colony project) situated at Sectors 37D, 92, and 95, Gurugram, in 2008-2011, and possession of flats/plotted lands was promised within 3-4 years of launch. ED investigation revealed that RPDPL collected approximately Rs 1,100 crore from more than 2,000 homebuyers for the said projects. Immovable properties worth Rs 681.54 crore belonging to RPDPL and its group companies were provisionally attached on July 11.
India Today
an hour ago
- India Today
ED to seize properties worth Rs 75 crore linked to Chhangur Baba
The Enforcement Directorate (ED) is preparing to seize properties worth Rs 75 crore linked to Chhangur Baba who is accused of masterminding a large-scale religious conversion racket and receiving money from foreign to official documents, the ED has found that Chhangur Baba bought several land and buildings in Uttar Pradesh and Maharashtra between 2020 and include over 11 bighas of agricultural land in Uttar Pradesh, including 3 bighas in Utraula bought in 2021 for Rs 65 lakh, 5 bighas in Balrampur purchased in 2020 for Rs 1.25 crore and 3 bighas in Madhpura village bought in 2021 for Rs 42 Along with this, the ED is examining five residential properties located in various cities of Uttar Pradesh, covering more than 20,000 square feet and acquired between 2020 and commercial plots measuring over 4,600 square feet are also part of the investigation. Additionally, a property in Lonavala in Maharashtra, was purchased in 2023 for Rs 16 crore. Some of these properties are registered in the names of his close associates, Naveen Rohra and Neetu Rohra. The ED believes the total current value of these properties may be between Rs 75-80 investigation revealed that Chhangur Baba received Rs 65 crore from domestic and foreign sources. The ED suspects that the figure may increase once all remaining bank records are funds were transferred into India through multiple bank channels. According to officials, a large part of this money was allegedly used to support religious conversion money came through various bank accounts, including two SBI accounts that received Rs 15 crore from the UAE. Between 2019 and 2021, he received Rs 7.75 crore. The ED has also identified Vostro accounts connected to his said none of the foreign money was sent for business purposes. The ED is now working to trace the full network and may freeze more accounts in the coming weeks as the investigation is currently underway.- EndsTune InMust Watch IN THIS STORY#Maharashtra
