Latest news with #Rs8.22


Time of India
05-07-2025
- Business
- Time of India
Justice Anil Kilor to head Nagpur bench as administrative judge
1 2 3 Nagpur: Justice Anil Satyavijay Kilor, who rose from the Nagpur Bar to the Bombay high court bench in 2019, is set to become the new administrative judge of the Nagpur bench. This follows the expected shift of incumbent Justice Nitin Sambre to the Delhi high court collegium shortly. The announcement was made by none other than Chief Justice of India Bhushan Gavai during last week's felicitation event hosted by the District Bar Association. "There's no need to worry about the future of PILs. Justice Anil Kilor will be looking after it efficiently," CJI Gavai said, reaffirming the Nagpur bench's long-standing legacy in public-interest litigation. He also praised Kilor's instrumental role in civic activism and judicial reform during his pre-elevation years. A native of Walgaon in Amravati district, Justice Kilor graduated in commerce from DNC College and earned his law degree from Dr Babasaheb Ambedkar College of Law, Nagpur. Starting his career in 1992 under senior counsel Sanjay Jagtap, he soon emerged as one of Vidarbha's leading legal voices. Appointed assistant govt pleader in 2000, he served on several state panels and represented institutions like LIC, Nagpur University, and municipal corporations. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Medibank, BUPA, NIB, or HBF – Which One Offers the Best Value? Health Insurance Comparison Learn More Undo A strong believer in accessible justice and clean governance, Kilor led more than 30 impactful public interest litigations — many filed through the NGO Janmanch, of which he was a founding member. His PILs included the Rs70,000 crore Vidarbha irrigation scam exposing alleged cost inflation in dam projects like Gosikhurd; the setting up of Maharashtra National Law University (MNLU) in Nagpur; securing additional GMCHs in Chandrapur and Gondia; and pushing for expanded medical seats across state-run colleges in Vidarbha. As President of the High Court Bar Association (2017–19), Kilor secured land for its expansion, initiated welfare reforms, and oversaw the renovation of the High Court interiors and Bar rooms. His strategic interventions as counsel also helped Nagpur University reclaim 70 acres of land lost to encroachment on Amravati Road. Elevated as an Additional Judge on August 23, 2019, and made permanent on June 1, 2021, Justice Kilor is known for nuanced rulings, including a key verdict affirming that writ jurisdiction is maintainable even in the presence of alternate remedies. In another widely cited ruling, he granted Rs8.22 lakh compensation to a deceased homemaker's family, remarking that 'a woman has the most important role in a family, but is least appreciated. ' Legal observers and HCBA members say Kilor's administrative leadership will reinforce the Nagpur bench's reputation as a pillar of judicial activism. With his blend of litigation experience, reformist zeal, and institutional insight, Justice Kilor is expected to strengthen the court's credibility and responsiveness in the public eye.


Time of India
24-04-2025
- Business
- Time of India
Woman Duped of Rs9.85L in Online Trading Scam; Police Recover Money From Account Holding Rs96cr
Nagpur: In a significant breakthrough in a cyber fraud case , the Hudkeshwar police successfully helped a 41-year-old woman recover Rs8.22 lakh out of the Rs9.85 lakh that she lost to an online trading scam . The investigation, under senior inspector Dnyaneshwar Bhedodkar, led to the freezing of a suspicious bank account in Delhi with a staggering Rs96.56 crore balance, believed to be proceeds from similar fraudulent activities. The 41-year-old victim, a resident of Ayodhya Nagar in Nagpur, lives in financially modest circumstances. Her husband works as a driver, and she struggled to gather funds to send her son abroad to pursue an MBBS degree in Russia, including borrowing from relatives. In early February 2025, she was added to a WhatsApp group for an online trading platform offering lucrative returns. Tempted by the promise of easy money, the woman made an initial investment, which seemed to generate quick profits. Encouraged, she continued investing larger amounts over time. Altogether, she transferred Rs9.85 lakh across multiple transactions. However, the returns soon stopped, and she was told that unless she invested more money, her previous earnings would be blocked. She then realised it was a trap. She filed a complaint on March 17 at Hudkeshwar police station. The cops also filed the case on the National Cyber Crime Reporting Portal. Through technical tracking and financial analysis, the officers discovered that her funds were transferred to a bank account in the name of one Manish Yadav, at Lajpat Nagar, Delhi. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo The police found the account held Rs96.56 crore, indicating a large-scale fraud operation targeting multiple victims. Acting swiftly, the officers coordinated with the bank to freeze the account and obtained court orders to recover the complainant's funds. On April 22, Rs8.22 lakh was transferred back into the woman's account as per the court's direction. The investigation was carried out under the guidance of senior police inspector Dnyaneshwar Bhedokar and Zonal DCP Rashmita Rao.


Express Tribune
07-04-2025
- Business
- Express Tribune
PSX sees bloodbath as KSE-100 plunges over 3,000 points in global market rout
Listen to article Pakistan's benchmark KSE-100 Index shed more than 3,000 points on Monday amid broad-based selling pressure, as investors weighed economic uncertainty and profit-taking in heavyweight stocks. The index was trading at 115,719.18 points, down 3,072.48 or 2.59%, during early trading hours. It had opened at 118,791.66 and swung between a high of 117,601.62 and a low of 115,397.00. Market turnover stood at 89.76 million shares, with a total value of Rs8.22 billion, reflecting cautious investor sentiment. Traders attributed the decline to concerns over macroeconomic indicators, fading optimism on policy clarity, and a lack of fresh triggers. The market remained under pressure following a strong rally in recent weeks, as some participants booked profits amid a wait-and-see approach ahead of potential developments on the IMF programme and budget expectations. Meanwhile, Asian markets nosedived on Monday as the escalating tariff war between the United States and China rattled investor confidence and triggered sharp declines across the region. Japan's Nikkei index fell over 8% after the open, while the Topix slumped more than 6.5%. In China, the Shanghai Composite dropped 6.7%, and the blue-chip CSI300 shed 7.5%. The Hang Seng in Hong Kong opened more than 9% lower, led by steep losses in tech giants Alibaba and Tencent. South Korea's Kospi lost over 4.8%, briefly halting trading due to a circuit breaker. Taiwan's Taiex tumbled 9.7%, with heavyweights TSMC and Foxconn both falling around 10% and also triggering market-wide halts. Markets in Australia and New Zealand were also hit, with the ASX 200 falling as much as 6.3% and the NZX 50 ending down 3.7%. The sell-off followed a fierce retaliation from China, which imposed sweeping 34% tariffs on all US goods. This move came in response to US President Donald Trump's sudden hike in trade duties, sparking fears of a prolonged and damaging economic conflict.