Latest news with #DevinderSingh
Time of India
a day ago
- Politics
- Time of India
ISI-linked espionage case: Army sapper arrested from Uri in J&K's Baramulla district
Mohali: In a significant development in the ongoing espionage case linked to Pakistan's Inter-Services Intelligence ( ISI ), the Punjab Police have arrested a serving India Army soldier for his alleged involvement in leaking classified defence information. The arrest marked another breakthrough following the earlier arrest of a former Army man in the case. Ravjot Kaur Grewal, AIG, State Special Operation Cell (SSOC), Punjab Police, Mohali, confirmed the arrest of Indian Army Sapper Devinder Singh, resident of Nihalgarh village in the Shadihari area of Sangrur district. He was arrested from Uri in Jammu and Kashmir 's Baramulla district by a team of the SSOC, Mohali. The arrest followed disclosures made during the interrogation of Gurpreet Singh alias Guri alias Fauji, a former Army man who was earlier arrested for passing classified military documents to Pakistan's ISI. Investigations revealed that Devinder Singh assisted Gurpreet while he was lodged in Ferozepur jail, particularly in acquiring confidential army-related documents. Devinder Singh was produced before a Mohali court, which granted a six-day police remand for further investigation. Preliminary questioning revealed that Gurpreet and Devinder became acquainted in 2017 during their training at an Army camp in Pune and later served together in Sikkim and Jammu & Kashmir. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Villas in Dubai | Search Ads Get Info Undo Both reportedly accessed classified documents, some of which were subsequently leaked to ISI operatives by Gurpreet. Investigators are now working to determine the full extent of Devinder Singh's involvement in the espionage network. The arrest is part of an expanding probe by the SSOC into a broader ISI-backed espionage ring. Authorities are actively working to uncover additional collaborators and evaluate the scope of sensitive information that may have been compromised. "The arrest of a serving soldier highlights the grave nature of the threat posed by espionage networks. Punjab Police remain fully committed to protecting national security and will continue to act decisively against any individual involved in anti-national activities," said the AIG. The investigation is ongoing. Further revelations are expected as the police deepen their inquiry into the network's operations and connections.
Time of India
4 days ago
- Business
- Time of India
DLF Chairman Remuneration: DLF Chairman Rajiv Singh's remuneration rises 34% to Rs 36.65 cr last fiscal, ETHRWorld
Advt Advt Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETHRWorld industry right on your smartphone! Download the ETHRWorld App and get the Realtime updates and Save your favourite articles. New Delhi, India's biggest real estate firm DLF's Chairman Rajiv Singh's remuneration rose 34 per cent annually to Rs 36.65 crore in the last fiscal, following better performance of the company, according to its latest annual per the list of remuneration paid/payable to directors/KMPs (key managerial personnel) during 2024-25, the DLF's Chairman and whole-time director has received Rs 36.65 crore as remuneration for the last fiscal against Rs 27.30 crore in the preceding financial of the total remuneration paid to the DLF Chairman, Rs 34.53 crore has been in the form of Board had approved the commission/variable pay to the Chairman as well as the company's two managing directors -- Ashok Kumar Tyagi and Devinder Singh for 2024-25, based on the achievements against targeted business parameters like consolidated profit after tax, cashflows, and also taking into consideration construction spends and has received Rs 14.16 crore as remuneration for 2024-25, an increase of nearly 5 per cent from Rs 13.52 crore in the preceding year. Out of this, Rs 8.77 crore is in commission remuneration of DLF's MD Devinder Singh also increased nearly 5 per cent to Rs 14.16 crore for the last fiscal compared to Rs 13.52 crore in 2023-24. He also received Rs 8.77 crore as and Devinder Singh became Managing Directors with effect from August 4, is India's largest real estate firm in terms of market net profit increased to Rs 4,366.82 crore in 2024-25 from Rs 2,723.53 crore in the preceding total income rose to Rs 8,995.89 crore in the last fiscal from Rs 6,958.34 crore in the operational front, DLF reported record sales bookings of Rs 21,223 crore in 2024-25, an increase of 44 per cent from Rs 14,778 crore in the preceding financial company has set a target to sell housing properties worth Rs 20,000-22,000 crore during its inception, DLF has developed more than 185 real estate projects and over 352 million square feet of Group has 280 million square feet of development potential across residential and commercial segments, including current projects under execution and the identified group has an annuity portfolio of over 45 million square feet.>
Time of India
5 days ago
- Business
- Time of India
DLF Chairman receives Rs 36.65 cr as annual salary for FY25
Rajiv Singh , chariman of India's biggest real estate firm DLF , now receives remuneration of Rs 36.65 crore after a hike of 34% in the last fiscal year, following better performance of the company, according to its latest annual report. DLF's Chairman and whole time director has received Rs 36.65 crore as remuneration for the last fiscal against Rs 27.30 crore in the preceding financial year, as per the list of remuneration paid/payable to directors/KMPs (key managerial personnel) during 2024-25. Out of the total remuneration given to Rajiv, Rs 34.53 crore was given in the form of commission. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. The company Board has approved commission or variable pay to Rajiv and two managing directors of DLF - Ashok Kumar Tyagi and Devinder Singh for 2024-25, both appointed in this position with effect from August 4, 2023. This allowance was based on the achievements against targeted business parameters like consolidated profit after tax, cashflows, and also taking into consideration construction spends and pre-sales. According to the report, Ashok Tyagi received Rs 14.16 crore as remuneration for last fiscal year after an increase of nearly 5% from Rs 13.52 crore in the preceding year. Out of this, Rs 8.77 crore is in commission form, as approved by the Board. Live Events Meanwhile, DLF's another MD Devinder Singh also got a hiked remuneration after an increase of nearly 5%. His final remuneration for the last fiscal year was Rs 14.16 crore, compared to Rs 13.52 crore in 2023-24. He also received Rs 8.77 crore as commission. In terms of market capitalisation, DLF is India's largest real estate firm with a net profit of Rs 4,366.82 crore in 2024-25 as compared to Rs 2,723.53 crore in the preceding year. The real estate group earned an income of Rs 8,995.89 crore in the last fiscal from Rs 6,958.34 crore in 2023-24. DLF reported record sales bookings of Rs 21,223 crore in 2024-25, an increase of 44% from Rs 14,778 crore in the preceding financial year. The company has set a target to sell housing properties worth Rs 20,000-22,000 crore during 2025-26. Since its inception, DLF has developed more than 185 real estate projects and over 352 million square feet of area. DLF Group has 280 million square feet of development potential across residential and commercial segments, including current projects under execution and the identified pipeline. The group has an annuity portfolio of over 45 million square feet.
The Print
16-05-2025
- Business
- The Print
DGGI officers bust inter-state nexus involving 3 biz; Rs 13-cr GST evasion detected
The investigation showed these entities were involved in fraudulently showing sales of Rs 87.91 crore without any actual supply of goods and claiming input tax credit (ITC). The Directorate General of GST Intelligence (DGGI), Ludhiana, investigated three business entities based in Mandi Gobindgarh — M/s Aar Dee Enterprises, M/s Aashi Steel Industries and M/s Abhi Alloys — and involved in trading of iron and steel articles. New Delhi, May 15 (PTI) GST Intelligence officers have busted an inter-state nexus by three business entities that were involved in fake billing and GST evasion of Rs 13.41 crore, the finance ministry said on Thursday. This case has been unearthed due to the intra-organisational and inter-regional synergy between two offices, DGGI Lucknow in UP and DGGI Ludhiana in Punjab, the finance ministry said in a statement. On May 15, DGGI Ludhiana arrested Raman Kumar Chaurasia and Devinder Singh for generation of fake bills leading to GST evasion of Rs 13.41 crore. They have been sent to judicial custody, it added. PTI JD HVA This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Hindustan Times
15-05-2025
- Business
- Hindustan Times
{Inter-state fake billing nexus busted} 2 held in ₹13.41 crore GST evasion scam
The directorate general of GST Intelligence (DGGI), Ludhiana, has uncovered a GST evasion racket involving three business entities in Mandi Gobindgarh—Aar Dee Enterprises, Aashi Steel Industries and Abhi Alloys. The entities were found to have illegally sold iron and steel articles worth ₹87.91 crore, resulting in GST evasion of ₹13.41 crore. The investigation, which was the result of collaborative efforts between the DGGI offices in Ludhiana and Lucknow, revealed that two individuals, Raman Kumar Chaurasia and Devinder Singh, were involved in procuring iron and steel articles through fraudulent means. The items were acquired via fake billing from Deepanshu Srivastava and his accomplice Mohit Kumar, based in Lucknow, Uttar Pradesh. The Lucknow-based fraudsters, operating through 37 shell companies, passed on fake input tax credit (ITC) to the Mandi Gobindgarh entities. Further investigation revealed that these Punjab-based businesses had availed fraudulent ITC through 78 fictitious entities, leading to illegal sales amounting to ₹87.91 crore and a resultant GST evasion of ₹13.41 crore. The DGGI Ludhiana team seized several incriminating documents during the investigation and the accused voluntarily admitted their involvement in the scam. On May 15, 2025, Raman Kumar Chaurasia and Devinder Singh were arrested by DGGI Ludhiana and are in judicial custody. According to officials, fake billing not only erodes government revenues but also creates an uneven playing field where honest taxpayers bear the brunt, while fraudsters exploit the system for personal gain. They warned that such fraudulent activities pose a serious threat to the economy, reducing public welfare funds, disrupting market competition and potentially causing inflation. The operation is part of DGGI's ongoing efforts to combat the menace of fake billing and fraudulent ITC claims, which undermine the integrity of the GST system. The DGGI has vowed to continue its crackdown on such illegal activities to ensure a fair and transparent taxation system under GST.
