Latest news with #Bhartiya
Time of India
30-05-2025
- Time of India
Criminal held after police encounter
Prayagraj: A wanted criminal, carrying a Rs 25,000 cash reward on his head, was injured and arrested after an encounter in Kaushambi late Wednesday. The police have also recovered a country-made pistol of .315 bore, two used and four live cartridges, a motorcycle and looted jewellery from his possession. Police said a joint team of Pipri, Karari police, and SOG were conducting checks near Arka trisection road when they noticed two suspicious people on a motorcycle. The cops signalled the duo to stop, but they tried to escape. When the police team surrounded them, they opened fire. The cops retaliated, resulting in an injury to a criminal identified as Ravi Bhartiya. Police said Bhartiya, a resident of Puramufti, has six criminal cases pending against him in several districts, including Kaushambi and Prayagraj. His accomplice, identified as Kishan of Mandari village (Puramufti), managed to escape by taking advantage of darkness. The arrested criminal confessed that he, along with his accomplice, had on May 27 snatched a woman's bag near Piparkundi village under the limits of Puramufti police station. Earlier, he, along with his gang, executed loots in Mukeempur in Oct last year.
Time of India
19-05-2025
- Time of India
Burglars strike at Kapil Nagar home, flee with R2.48L jewellery
Nagpur: Unidentified burglars broke into a house in Sanyal Nagar, Teka Naka, under Kapil Nagar police station limits, and decamped with Rs2.48 lakh gold and silver ornaments. The theft occurred between 6pm on May 17 and 4.30pm on May 18 while the residents were away on a family picnic. Tired of too many ads? go ad free now According to police, complainant Ravichandra Ramakrishna Patil (57) had locked his home and left for a resort on Amravati Road with his family. On returning Saturday evening, he found the main door's lock and latch broken. A cupboard in the bedroom had been ransacked and jewellery missing. Acting on Patil's complaint, police registered a case under Sections 305(A) and 331(4) of the Bhartiya Nyay Sanhita against unidentified accused. Police officials have started examining CCTV footage from the vicinity to identify suspects. The incident has triggered concern among local residents, who are now demanding increased police patrolling, especially during weekends, to curb such break-ins.
Hindustan Times
09-05-2025
- Business
- Hindustan Times
Brokerage firm staffer arrested for duping customer of ₹1.58 cr
MUMBAI: A former employee of Motilal Oswal Financial Services Ltd was arrested by the Dadar police on Wednesday for allegedly siphoning off around ₹1.58 crore from the demat account of a customer by changing the e-mail id, bank account and mobile number linked with the account. According to the police, the arrested accused, 31-year-old Gaurang Mandalia, had joined the financial services firm in May 2021. He was employed in the firm's operations department and worked on quarterly payment settlement till he was terminated following the registration of a first information report (FIR) against him last month. 'The accused was produced in court today and has been remanded in police custody for three days,' a police officer aware of the matter told HT. The fraud came to light after a senior citizen who had opened a demat account with the firm in 2016 approached them, saying her shares were not visible in her account. While the account was declared dormant in July 2023 owing to lack of activity, the e-mail id, bank account and mobile number associated with the account were modified in August 2024. The financial services firm subsequently conducted an internal probe, which found that Mandalia had likely filled the modification form by forging the customer's signature and activated her demat account. 'From August 2024 to January 2025, he transferred shares worth ₹1.58 crore by encashing them to his bank account,' said an officer from Dadar police station, where the FIR against Mandalia was registered based on a complaint by the firm's legal manager. Mandalia has been arrested under sections 318 (4) (cheating), 336 (3) (forgery), 338 (forgery of valuable security, will, etc.) and 340 (2) (using a forged document or electronic record as genuine) of the Bhartiya Nyaya Sanhita, 2023.
Time of India
01-05-2025
- Business
- Time of India
LU VC's insights on campus placements in varsity's podcast
Lucknow: Lucknow University vice chancellor Prof Alok Kumar Rai came up with the third episode of the university's official podcast named 'A world for everyone'. In this new episode, VC highlighted how important campus placements are in a student's life. In conversation with LU's director central placement cell Prof Anoop Bhartiya he highlighted how the cell helps in student placement. Prof Bhartiya explained that since LU is an A++ University it is approached by companies of different sectors. Also, LU is also in touch with leading industries and multinationals and contacts them when students complete graduation. He said that once we get an invitation or job recruitment interest from companies, we request them to send a job description. "Once we receive it, we showcase the hiring information by a respective company with job description at our social media platforms. Also, we spread information through department heads and teachers." "Every company has a different recruitment policy, some conduct interviews while others recruit on academic profile, group discussion etc. We make a schedule accordingly," said Prof Bhartiya in a podcast.
Time of India
29-04-2025
- Business
- Time of India
Developers pivot to offer GCCs more than just offices
BENGALURU : Increasing demand from global capability centres (GCCs) is driving commercial real estate developers to go beyond the traditional model of leasing office space to offering "GCC-as-a-service" solutions. Under this, developers such as the Embassy and Bhartiya groups are offering bundled solutions that combine real estate with technology infrastructure, assistance for regulatory compliance and talent acquisition, and operational support. Setting up a GCC in India involves creation of an ecosystem comprising physical infrastructure, people and business operations, said Arjun Aggarwal, managing director at Bhartiya Urban . "In addition to technical talent, they (GCC-as-a-service) provide non-tech services such as supply and vendor management. This flexible, cost-effective model enables companies to scale efficiently while focusing on core business outcomes," he said. Real estate is billed either as an operating expense (opex) or capital expenditure (capex), depending on client needs, while allied services are charged monthly on a per-employee basis. Aravind Maiya, co-founder and chief executive of Embark, said the Embassy Group platform has experienced GCC practitioners to provide end-to-end services to clients. "By owning infrastructure, having deep in-house consultant expertise, and offering a modular, pay-as-you-use service with a transparent cost-plus pricing model, we deliver scale-agnostic, execution-led support...," he said. These are still early days for this model of business, according to industry executives, who said companies from the US, UK, Canada and Austria, primarily operating in the textile, retail, technology, logistics, aviation and pharmaceutical sectors have shown interest in GCC as a service . Aggarwal and Maiya did not name any clients, citing confidentiality clauses. The expansion of GCCs in India was once largely driven by the Big Four professional services firm of EY, Deloitte, KPMG and PwC, along with global consulting giants such as Bain & Company and Boston Consulting Group. These firms played a key role not only in advising multinationals on their India entry strategies but also in designing operational frameworks, managing compliance and building sustainable growth models. Before that, the task of setting up offshore centres was primarily handled by large IT service providers. Industry experts say these platforms can help cut costs by up to 30% compared with the traditional offshore development centre models run by large outsourcing firms, making them an attractive option, especially for GCCs setting up operations with 40-300 employees. India's GCC ecosystem has expanded beyond Fortune 500 companies to include mid-size and emerging enterprises, say experts. "This surge is opening new avenues for real estate developers to create specialised infrastructure like flexible campuses and innovation hubs tailored to GCC needs," said Ram Chandnani, managing director, advisory and transaction services, at commercial real estate services firm CBRE India. Over the past year, several mid-size GCCs employing 1,000-2,000 people have entered India, joining larger corporations that already have workforces of 10,000-15,000, across functions such as customer support, analytics and R&D. New entrants include Flutter Entertainment, Hy-Vee, ChampionX and Okta. "While GCCs are typically associated with large campuses, nearly 30% of leasing in the past 3-4 years was through smaller, sub-100,000-sq-ft deals," said Sankey Prasad, CMD, Middle East & India at Colliers, which mentioned a 40% rise in average leasing deal sizes for GCCs, reflecting a shift towards large, scalable operations.
