
Nitish Reddy in legal trouble: Agency sues player over unpaid dues of Rs 5 crore
The petition seeks the appointment of an independent arbitrator to adjudicate claims related to the alleged unlawful breach of contract and the non-payment of contractual dues by the player.Sources close to the case told India Today that Square The One had represented Nitish Reddy since 2021, before he rose to prominence in the IPL. The agency is said to have facilitated multiple brand endorsements and commercial partnerships for Reddy during their four-year association.'Ninety percent of such disputes do not reach court and are resolved privately. But in this case, Nitish refused to pay any money and claimed he had secured the deals himself,' a source said on condition of anonymity.Things have not been going well for Nitish Reddy since his impressive Test debut in the Border-Gavaskar Trophy. The all-rounder had a poor Indian Premier League 2025 season with SunRisers Hyderabad. Despite carrying an injury during the IPL, Nitish increased his bowling load ahead of the Test series against England. However, after playing in the Birmingham and Lord's Tests, he suffered a serious knee injury and was ruled out for the rest of the season.- EndsTune InMust Watch
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Indian Express
4 minutes ago
- Indian Express
Man kills colleague for refusing to give Rs 10,000 loan, arrested
A 42-year-old man was allegedly bludgeoned to death at a farmhouse in Chhattarpur by his colleague after he refused to lend him Rs 10,000, police said on Sunday. The body of the deceased, Sita Ram – who was employed at the farmhouse for the last 10 years – was found drowned in a septic tank at the property on Saturday. The accused, Chandra Prakash (47), who worked as a driver at the same farmhouse, was arrested from Palam in Southwest Delhi. Police said a missing person report for Sita Ram, originally from Uttar Pradesh, was filed at the Mehrauli police station on July 26. 'Sita Ram used to work as a help at the farmhouse and was alone the night of the incident, as the owner had gone out of Delhi. On July 26 morning, staffers found the doors of the farmhouse open, and Sita Ram missing. After the missing report was filed, his body was recovered from the septic tank of the farmhouse,' DCP (South) Ankit Chauhan said. While questioning the staff at the farmhouse, the police found that Chandra Prakash was missing. He was later traced to Palam in Dwarka. Chandra Prakash, who hails from Almora and has been the driver at the farmhouse for the last seven years, told the police that a loan of Rs 10,000 made him kill Sita Ram. 'He admitted to the murder, stating that he had demanded Rs 10,000 from Sita Ram and, upon refusal, killed him with a hammer, and dumped the body in the septic tank,' the DCP said.


Time of India
29 minutes ago
- Time of India
ED probes Anil's RHFL for writing off Rs 7k cr loans to group firms
NEW DELHI: As the ED sifts through voluminous documents and digital records seized from Anil Ambani 's Reliance group entities during searches, which began on July 24 and concluded on Sunday, the agency, in particular, is looking at alleged diversion of Rs 12,000 crore loans by Reliance Home Finance Ltd (RHFL) to various related entities. ED is being assisted in its task by National Financial Reporting Authority, CBI, Security and Exchange Board of India (Sebi) and National Housing Bank, since it involves misappropriation of huge public funds. At least a dozen related entities of the group are currently undergoing insolvency proceedings, which means massive haircuts for banks. Sources said 22 individuals, who are key management personnel and associates of Ambani, have come under the radar of the agency and are being investigated, besides the 60 companies that were covered during the searches lasting over 72 hours. A Sebi investigation report (shared with ED) has highlighted alleged laundering of funds by RHFL, which had written off around Rs 7,000 crore out of the Rs 12,000 crore of loans it had extended to various entities linked to the Anil Ambani group. Ambani is already under investigation for his group entity RHFL availing funds of Rs 2,965 crore from Yes Bank by allegedly paying bribes to its former CEO Rana Kapoor through his wife Bindu Kapoor and her companies. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Do You Speak English? You May Be Able To Work a USA Job From Home in Bangladesh US Jobs | Search ads Undo Rs 1,353 crore of the Rs 2,965 crore received from Yes Bank has turned into NPA. A forensic audit, commissioned by the bank, has also concluded diversion of this amount to related companies. Reliance Power and Reliance Infrastructure, in identical statements, said, "The company and all its officials have fully cooperated and will continue to cooperate with the authority". On the alleged diversion of Rs 12,000 crore by RHFL to related entities, a company official said, "The account of RHFL has been fully resolved with change in management pursuant to the judgment of SC in 2023. ..Allegations of other irregularities are sub-judice and as a matter of fact, the Sebi order has been challenged before SAT (Securities Appellate Tribunal) since 2024". "Sebi vide its order dated Aug 22, 2024, has found that RHFL has engaged in a fraudulent scheme to divert funds for the benefit of Ambani and his group companies," a source aware of the probe said. ED is probing related party transactions, in which it was found that Reliance Infrastructure had received funds from Crest Logistics and Engineers Pvt Ltd, which in turn had received funds from at least four entities - RPL Star Power Pvt Ltd, RPL Solar Power Pvt Ltd, Species Trade and Commerce Pvt Ltd and Worldcom Solutions Ltd - all of them allegedly linked to the Anil Ambani group. According to the Sebi investigation report, the forensic audit of RHFL found that "loans of more than Rs 12,000 crore have been extended to various entities which are linked to the Anil Ambani group. These companies had a common registered address, email ID/domain, address and directors". The Sebi report further revealed that as on Sept 30, 2021, Rs 6,931 crore had been declared as NPA/written off by RHFL out of loans extended to linked/associated entities of the group.


Time of India
an hour ago
- Time of India
Barabanki group caught in Mansa Devi stampede; farmer dead, many hurt
Lucknow: Vakil Prasad Verma, 58, from Maulabad village of Uttar Pradesh's Barabanki district was one of the victims of Sunday's stampede Haridwar's Mansa Devi temple. He had travelled to Haridwar as part of a group of 18 from the same district. Several others from the group, including Durga Vati (54), Radhika (40), and Phoolmati from Dhaurmau village, sustained critical injuries. Harishchandra, former gram pradhan and Vakil's close friend, recounted the tragedy: "At 9 am, we learned Vakil was killed, while my sister-in-law Durga Vati, neighbour Radhika, and Phoolmati were critically injured. Vakil was the most eager among us to visit the temple this year. The cancellation of our group's two bus bookings was like signs from Mansa Devi Maa as warning, but Vakil insisted on going. Sadly, he didn't return. " Vakil is survived by his wife Urmila Devi, who suffered minor injuries, and four children. His elder son Shyamu Verma said, "He was our sole breadwinner. I'm still hunting for a job and my siblings are studying. He was deeply religious and visited temples regularly." The Barabanki district administration confirmed that Vakil's mortal remains would be brought home by road early Monday morning. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Ultimate Trick to Finding 5-Star Hotels for $50/Night? Liseer Read More Undo The stampede claimed at least eight lives, including four from Uttar Pradesh: Arush (12) from Bareilly, Vicky (18) from Rampur, and Shanti from Badaun. The incident has sparked calls for improved crowd management and safety measures at pilgrimage sites. Yogi announces Rs 2L ex gratia Lucknow: Expressing grief over the loss of lives in stampede in Haridwar, Chief Minister Yogi Adityanath announced financial assistance of Rs 2 lakh each to the families of the deceased people from Uttar Pradesh and directed officials to coordinate with their counterparts in Uttarakhand and hand over bodies of the victims to their families. In a message on X, the CM said, "The loss of life in the unfortunate accident on the Sri Mansa Devi Temple road in Haridwar, Uttarakhand is extremely sad and heartbreaking. My condolences are with the bereaved families. I pray to Maa Mansa Devi to grant salvation to the departed souls, strength to the bereaved families to bear this immense sorrow and speedy recovery to the injured. Om Shanti!" "Instructions have been given to the officials to coordinate with the Uttarakhand govt and hand over the bodies of the residents of Uttar Pradesh who died in the accident to their home districts," he said. "The UP govt will provide financial assistance of Rs 2 lakh each to the families of each deceased from Uttar Pradesh in this accident," he added.