SBI extends Rs 1 cr insurance aid to late ASI's family
The claim was processed under the Police Salary Package (PSP) scheme, with key support from SBI Yerpedu branch manager Girija and Police Association president Somashekar Reddy.
District SP V Harshavardhan Raju, along with SBI Regional Manager Venkateswara Rao, presented the cheque to Y Chittemma, the late officer's wife. The SP lauded SI Dharmareddy for his investigation efforts and appreciated Somashekar Reddy for his support to the bereaved family.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hans India
6 minutes ago
- Hans India
BJP was never mum on Prajwal Revanna case, says Union Minister Pralhad Joshi
Union Minister Pralhad Joshi on Sunday said the BJP was never silent on former JD(S) MP Prajwal Revanna, who got life imprisonment in a rape case. The leader said the BJP has always maintained that whoever commits a crime should be punished. "There is a law in the country and whoever has done mistake or has committed crime, the court has examined and court has given the verdict. It has to be accepted by everybody," Joshi told reporters. When he was told that Congress leaders are alleging that the BJP is keeping mum on the issue because of its Alliance with the JD(S), he said, "Where have we kept mum and why we have to keep mum? I have already spoken on it. If somebody does something wrong he has to face action." "Are there not people in the Congress Party who committed heinous crime like this and they were with the Congress Party previously? They were with the Prime Minister. Yasin Malik was with the then Prime Minister. There are many people. I don't want to name much people," Joshi charged. The former Hassan MP was on Saturday sentenced to prison term for the remainder of his life, while the court slapped an overall fine of Rs 11.50 lakh on him, directing that Rs 11.25 lakh of it be paid to the victim woman, a domestic help of the accused family. The court had on Friday convicted the 34-year-old grandson of former Prime Minister and JD(S) patriarch H D Deve Gowda in one of the four sexual abuse and rape cases against him. The BJP and the JD(S) are alliance partners and its state president H D Kumaraswamy is a Union Minister in Prime Minister Narendra Modi led central government. Regarding the Leader of Opposition in the Lok Sabha Rahul Gandhi's proposed agitation in Bengaluru on August 5, the Minister wondered what the protest was about. He said whenever Congress wins elections, it never complains but it blames Electronic Voting Machines or the Election Commission itself for losing polls.
NDTV
8 minutes ago
- NDTV
Massive Crackdown Over Rs 200-Crore Front-Running Scam Linked To Axis Mutual Fund
New Delhi: The Enforcement Directorate (ED) conducted extensive searches across multiple cities over the past two days as part of a widening probe into an alleged front-running scam involving Axis Mutual Fund. The searches were carried out in Delhi, Mumbai, Gurugram, Ludhiana, Ahmedabad, Bhavnagar, Bhuj, and Kolkata under the Prevention of Money Laundering Act (PMLA), 2002. The investigation stems from a December 2024 FIR filed by Mumbai Police against Viresh Gangaram Joshi, the then fund manager and chief dealer at Axis Mutual Fund. Described as the key conspirator in the case, he was arrested on August 2 and has been sent to ED custody till August 8. According to the ED, Mr Joshi misused confidential trade information from Axis Mutual Fund between 2018 and 2021 to execute trades in advance through proxy accounts, generating massive illicit profits. These acts allegedly cheated retail and institutional investors of the fund, which manages assets worth over Rs 2 lakh crore. ED officials revealed that Mr Joshi operated from a terminal in Dubai, using mule trading accounts sourced from various brokers. Further investigations have uncovered a network of traders and brokers who also exploited pre-trade data, generating over Rs 200 crore in illegal profits. The illicit gains were routed through several shell companies and bank accounts linked to the accused and their family members. During the raids, the ED froze assets including shares, mutual fund holdings, and bank balances worth Rs 17.4 crore. Front-running is a serious securities fraud in which insiders trade using non-public client information for personal gain, undermining market fairness and investor confidence.
Time of India
18 minutes ago
- Time of India
BJP was never mum on Prajwal Revanna case, says union minister Pralhad Joshi
Pralhad Joshi (left), Prajwal Revanna (ANI) Union minister Pralhad Joshi on Sunday said the BJP was never silent on former JD(S) MP Prajwal Revanna, who got life imprisonment in a rape case. The leader said the BJP has always maintained that whoever commits a crime should be punished. "There is a law in the country and whoever has done mistake or has committed crime, the court has examined and court has given the verdict. It has to be accepted by everybody," Joshi told reporters. When he was told that Congress leaders are alleging that the BJP is keeping mum on the issue because of its Alliance with the JD(S), he said, "Where have we kept mum and why we have to keep mum? I have already spoken on it. If somebody does something wrong he has to face action." "Are there not people in the Congress Party who committed heinous crime like this and they were with the Congress Party previously? They were with the Prime Minister. Yasin Malik was with the then Prime Minister. There are many people. I don't want to name much people," Joshi charged. The former Hassan MP was on Saturday sentenced to prison term for the remainder of his life, while the court slapped an overall fine of Rs 11.50 lakh on him, directing that Rs 11.25 lakh of it be paid to the victim woman, a domestic help of the accused family. The court had on Friday convicted the 34-year-old grandson of former Prime Minister and JD(S) patriarch H D Deve Gowda in one of the four sexual abuse and rape cases against him. The BJP and the JD(S) are alliance partners and its state president H D Kumaraswamy is a union minister in Prime Minister Narendra Modi led central government. Regarding the leader of opposition in the Lok Sabha Rahul Gandhi's proposed agitation in Bengaluru on August 5, the minister wondered what the protest was about. He said whenever Congress wins elections, it never complains but it blames electronic voting machines or the election commission itself for losing polls.
