Patna Hospital Murder: Key accused, 4 others arrested in Kolkata guesthouse raid
YSRCP MP Midhun Reddy has been arrested in Vijayawada by a Special Investigation Team (SIT) in connection with an alleged Rs 3200 crore liquor scam in Andhra Pradesh. He is accused of causing a severe loss to the exchequer and undue use of power. According to the probe, he is considered one of the core conspirators. The allegations include the use of kickbacks to fund the 2024 elections, with the transcript stating, "him along with several others...had been accused of using kickbacks to fund the 2024 elections." Charges have been filed under several sections of the Prevention of Corruption Act. The arrest followed the rejection of his bail pleas by the High Court and Supreme Court.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
a few seconds ago
- Time of India
ED files Fema case against Myntra for Rs 1,654 crore FDI violation
Myntra is accused of misusing the wholesale 'cash & carry' route to conduct multi-brand retail trading (MBRT), which is restricted under the FDI policy. The ED found that Myntra received foreign direct investment (FDI) claiming it was for wholesale trading, but routed the majority of sales through Vector E-Commerce Pvt Ltd, a related-party entity that sold directly to consumers. This structure was allegedly used to bypass norms by bifurcating B2B and B2C operations, while actually engaging in retail trade. As per the FDI policy amendments dated April 1, 2010, and October 1, 2010, only 25% of wholesale sales can go to group companies — a cap Myntra allegedly breached. The ED concluded that Myntra and others contravened Section 6(3)(b) of Fema, along with the consolidated FDI policies, resulting in a total contravention amounting to Rs 1,654.35 crore. The Enforcement Directorate (ED) has filed a complaint under the Foreign Exchange Management Act (Fema), 1999, against Flipkart-owned fashion etailer Myntra, and its related entities for allegedly violating foreign investment rules to the tune of Rs 1,654.35 crore.
Economic Times
a few seconds ago
- Economic Times
ED files FEMA case against Myntra, linked firms for Rs 1,654 cr violation
The Enforcement Directorate (ED) on Wednesday filed a Foreign Exchange Management Act (FEMA) case against e-commerce giant Myntra, along with associated companies and directors, for alleged violations involving over Rs 1,654 crore, officials confirmed. ADVERTISEMENT Last year, the central agency had conducted searches at some vendors operating on the platforms of Amazon and Flipkart for alleged violations of foreign exchange and foreign direct investment (FDI) rules. The agency had searched 19 premises across New Delhi, Bengaluru, Mumbai, Hyderabad and Panchkula (Haryana) at the 'main vendors of Amazon and Flipkart." ED had allegedly unearthed certain FEMA violations that are ordinarily civil offences and entail monetary penalties. (You can now subscribe to our Economic Times WhatsApp channel)
India.com
a few seconds ago
- India.com
Massive Spike In Cybercrime Cases in India From 2018 To 2022: NCRB Data
Cybercrime Cases In India: Cybercrime in India has seen a steep rise of over 140 per cent in the past five years, with cases more than doubling between 2018 and 2022, the Ministry of Home Affairs said on Tuesday. According to the latest report published by the National Crime Records Bureau (NCRB), the number of cybercrime cases registered in 2018 was 27,248. This figure rose sharply to 65,893 in 2022, Minister of State (MoS) for Home Affairs Bandi Sanjay Kumar said in response to a question in the Lok Sabha. These crimes include offences carried out using communication devices such as mobile phones, computers, and internet networks. However, the NCRB clarified that specific data related to complaints lodged by elderly citizens is not maintained separately. The Ministry of Home Affairs has stated that 'Police' and 'Public Order' fall under the responsibility of State Governments as per the Constitution. Therefore, the prevention and investigation of cyber crimes lie primarily with the States and Union Territories. However, the Central Government supports their efforts through advisories and funding under different schemes aimed at enhancing the capacity of local law enforcement agencies. To strengthen India's response to cybercrime, the Central Government has taken several steps. These include setting up the Indian Cyber Crime Coordination Centre (I4C), launching the National Cyber Crime Reporting Portal ( and starting the Citizen Financial Cyber Fraud Reporting and Management System (CFCFRMS) in 2021. According to the Ministry, over Rs 5,489 crore has been saved through timely intervention in more than 17.82 lakh financial fraud complaints reported under CFCFRMS. To further help citizens, a 24x7 helpline number '1930' has also been operationalised. In addition, the government has blocked more than 9.42 lakh SIM cards and over 2.6 lakh mobile IMEIs involved in cybercrimes. Awareness campaigns have also been a major part of the government's strategy, the Minister of State explained. From caller tunes in multiple languages warning against digital scams to ads in Metros, newspapers, and cinema halls, various channels have been used to educate the public. 'Even the Prime Minister spoke about the dangers of 'digital arrests' in his 'Mann Ki Baat' address on October 27, 2024,' MoS Kumar stated. The Government has also involved social media influencers, Prasar Bharati, and events like Raahgiri and IPL to spread awareness. Campaigns have reached schools, railway stations, and even religious events like Kumbh Mela 2025.
