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Man held for defrauding investors in trading scam
Man held for defrauding investors in trading scam

Time of India

time7 days ago

  • Business
  • Time of India

Man held for defrauding investors in trading scam

Indore: The crime branch of Indore police on Thursday arrested a man accused of defrauding people across several states of crores of rupees on the pretext of share marketing and share trading. Additional DCP Rajesh Dandotiya said the accused, identified as Abhishek Bhatt, 40, son of Ashok Kumar Bhatt, a resident of Kalakriti Avenue, Chikitsak Nagar, Indore, allegedly duped investors in Madhya Pradesh and other states by forging documents and promising high-value share deals. According to police, Bhatt swindled Mumbai-based businessman Pratik Khandelwal of Omkar Altamont, Malad East, of around Rs 2.21 crore by preparing forged documents and falsely claiming to sell him 75,000 shares of an unlisted company, ESDS. Acting on directives from senior officers to curb share trading-related frauds in the city, crime branch officials registered a case under sections 318(4), 338, 336(3), and 340(2) of the Bharatiya Nyaya Sanhita, 2023, and took up the investigation. Bhatt was arrested following inquiries and, during questioning, admitted to committing the offence. Investigators suspect his involvement in several other fraud cases, and further questioning is underway. Police said that legal action will continue based on the evidence collected during the probe. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Independence Day wishes , messages , and quotes !

Indore crime branch arrests man for multi-crore share trading fraud across states
Indore crime branch arrests man for multi-crore share trading fraud across states

Time of India

time14-08-2025

  • Time of India

Indore crime branch arrests man for multi-crore share trading fraud across states

INDORE: Crime Branch of Indore police on Thursday arrested a man accused of defrauding people across several states of crores of rupees on the pretext of share marketing and share trading. Additional DCP Rajesh Dandotiya said the accused, identified as Abhishek Bhatt, 40, son of Ashok Kumar Bhatt, a resident of Kalakriti Avenue, Chikitsak Nagar, Indore, allegedly duped investors in Madhya Pradesh and other states by forging documents and promising high-value share deals. According to police, Bhatt swindled Mumbai-based businessman Pratik Khandelwal of Omkar Altamont, Malad East, of around Rs 2.21 crore by preparing forged documents and falsely claiming to sell him 75,000 shares of an unlisted company, ESDS. Acting on directives from senior officers to curb share trading-related frauds in the city, Crime Branch officials registered a case under sections 318(4), 338, 336(3) and 340(2) of the Bharatiya Nyaya Sanhita, 2023, and took up the investigation. Bhatt was arrested following inquiries and, during questioning, admitted to committing the offence. ; Investigators suspect his involvement in several other fraud cases, and further questioning is underway. Police said that legal action will continue based on the evidence collected during the probe. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. "Get the latest news updates on Times of India, including reviews of the movie Coolie and War 2 ."

Garda warns of serious flaw in car chase policy as 'no drivers' trained in pursuit skills
Garda warns of serious flaw in car chase policy as 'no drivers' trained in pursuit skills

The Journal

time26-07-2025

  • The Journal

Garda warns of serious flaw in car chase policy as 'no drivers' trained in pursuit skills

THERE IS A serious flaw in the new garda pursuit policy as no garda is specifically trained to chase fleeing criminals in cars, a garda representative has claimed. Mark Ferris, who is a detective garda and an official with the Garda Representative Association (GRA), has gone public with serious concerns around the strategy used by An Garda Síochána to pursue vehicles. Ferris, writing in the latest quarterly Emergency Services Ireland magazine , has outlined that there is a gap in garda training. The detective said that gardaí are trained to respond rapidly to calls, known as response driving, but they are not specifically trained to deal with the rigours and danger of a pursuit. Since 2019 gardaí who are permitted to drive patrol cars have been trained and cleared through a qualifications known as Competency Based Driving (CBD). CBD One allows them drive but not respond on lights and sirens – CBD Two allows them to drive with the lights and sirens. Gap in training What Ferris has identified is a gap in training that while some members are qualified to drive fast and rapidly through traffic they are not trained in the specific skillset needed to manage a pursuit. 'There is no member of An Garda Siochana trained and appropriately authorised in pursuit driving which renders the policy inoperable. 'Competency Based Driving 2 (CBD2) drivers (which make up the vast majority of response drivers) are not trained in any element of pursuit. 'Response driver training, as governed by the Emergency Services Driving Standard (ESDS) in An Garda Síochána, is frequently conflated with pursuit driving, highlighting a misalignment between organisational policy, operational implementation and public messaging. 'Driving to an emergency situation such as an armed robbery in progress with blue lights and sirens on is not, and should not, be confused with pursuit driving,' he said. Ferris has outlined the differences between response driving and pursuit driving. 'While pursuit driving requires active evasion and awareness of a driver's refusal to stop it also requires a level of competence to engage, while response driving is a distinct driving activity that allows trained members, for example under CBD2, to exceed normal driving standards when responding to emergency incidents. 'These fundamental differences highlight how the two activities should never be confused or conflated,' he said. Ferris said the College of Policing (the UK police training centre) has advised that non-pursuit trained drivers must not continue pursuits. Advertisement 'On closer view, the entire CBD driver training model also has no element of pursuit driving incorporated across any of its facets. Tactical vehicle containment or the use of vehicle stopping devices do not constitute pursuit driving techniques or the required level of competence with which to engage in pursuit driving,' he added. Ferris said Britain's College of Policing's pursuit framework 'explicitly stipulates' that all personnel involved in pursuit management, including control room staff, tactical advisors, and drivers, MUST undergo standardised training. The detective garda said this is not an advisory comment in Britain but is a 'foundational governance requirement' for lawful pursuits in the UK. Ferris said that the garda policy directive must be invalidated to prevent unacceptable risks to members of the public, gardaí and the organisation. A garda car at the scene of an incident in County Galway. Alamy Stock Photo Alamy Stock Photo The garda response Speaking at the Oireachtas Justice Committee in June , Commissioner Drew Harris addressed the issue of training but said that a policy had been implemented to manage pursuits. 'There is more training that needs to be done in respect of pre-planned pursuit. If there is a spontaneous pursuit, the obligation on the garda member is to report what is happening to control. 'A risk assessment is then conducted by qualified individuals in the control room. There is no blanket policy against pursuit. What we have put in place is a policy to empower and enable but there is specific training required,' he said. A garda spokesman said the force introduced a 'spontaneous pursuit' policy in December 2024 following consultation with the garda representative associations. 'Where feasible, the first priority should be to prevent a pursuit from taking place,' the spokesman said. The garda statement said that the decision to engage in a pursuit must be done in the interests of public safety, to prevent crime and to apprehend offender. 'A key consideration is to ask if the pursuit is necessary and balanced against threat, risk and harm for which the subject driver is being/about to be pursued,' he said. The garda spokesman said that gardaí must comply with 'fundamental principles, of legality, necessity, proportionality and accountability' as well as in keeping with international human right laws. The spokesman said that An Garda Síochána has previously been subject of 'adverse criticism' that the previous pursuit policy was too restrictive. The spokesman said current documents provide guidance to gardaí in the use of pursuit tactics and pursuit management in order to reduce the risk, rather than 'a prescriptive process'. It is understood that the policy does not specifically require pursuits to be halted in the absence of either a pursuit trained driver or a serious incident dispatcher. The garda statement did not specifically address the training standards. Readers like you are keeping these stories free for everyone... A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation. Learn More Support The Journal

ESDS partners Central Electronics Limited to build 30MW data center in Ghaziabad
ESDS partners Central Electronics Limited to build 30MW data center in Ghaziabad

Time of India

time26-06-2025

  • Business
  • Time of India

ESDS partners Central Electronics Limited to build 30MW data center in Ghaziabad

NEW DELHI: Cloud computing and managed services provider ESDS and the Central Electronics Limited (CEL) will jointly construct a 30MW data center in Sahibabad, Ghaziabad. Yogi Adityanath , the chief minister (CM) of Uttar Pradesh , and Jitendra Singh, union minister of state (independent charge) for science & technology, earth sciences, and minister of state in the Prime Minister's Office, department of space and atomic energy, on Thursday laid the foundation stone for the data center. Adityanath stated that the data center would not only enhance Uttar Pradesh's digital capabilities but also serve as a decisive step towards ' Atmanirbhar Bharat ', according to a media statement. He emphasised that the initiative will generate employment for youth and contribute to India's journey towards digital sovereignty. The data center will be scalable to 200 racks per floor, and will offer 40Gbps ring fibre with multi-internet service provider (ISP) support, as well as, dual 10Gbps links for Cloud and disaster recovery (DR) replication. 'Through our collaboration with ESDS, we are merging sustainability with advanced cloud and data center technologies to support India's digital and environmental priorities. With modular PODs, smart cooling, and a 30 MW capacity, this facility will serve as a vital engine for Uttar Pradesh's digital economy and India's Atmanirbhar Bharat mission,' said Chetan Prakash Jain, chairman and managing director, Central Electronics Limited. 'By combining our patented innovations and technologically advanced infrastructure with CEL's vision, we're driving Atmanirbhar Bharat and empowering the missions of Digital India and Green India—sustainably, and securely,' said Piyush Somani, CMD & CEO, ESDS.

Investment proposal over Rs 600 crore in Raipur AI data centre
Investment proposal over Rs 600 crore in Raipur AI data centre

Time of India

time26-05-2025

  • Business
  • Time of India

Investment proposal over Rs 600 crore in Raipur AI data centre

RAIPUR: An investment of over Rs 600 crore has been proposed to establish an Artificial Intelligence-based data centre in Raipur, aimed at transforming Chhattisgarh's digital landscape. Tired of too many ads? go ad free now During a meeting with Chhattisgarh Chief Minister Vishnu Deo Sai at Chhattisgarh Sadan in New Delhi, ESDS Software Solution Ltd has proposed Chairman Piyush Somani and Vice President Lokesh Sharma presented the proposal. They emphasised that the data centre will not only drive Chhattisgarh's digital transformation but also serve as a critical infrastructure pillar for AI and cloud services across India. The Chief Minister welcomed the proposal, stating, "This investment will be a landmark in bringing the vision of Digital India to life in Chhattisgarh. The state government will provide every possible support to ensure the timely execution of this project." Principal Secretary to the Chief Minister Subodh Singh and Investment Commissioner of Chhattisgarh in New Delhi Ritu Sen were also present at the meeting. The ESDS initiative is expected to transform Chhattisgarh into a technology hub, creating high-end employment opportunities for the youth and strengthening the state's IT ecosystem. It marks a significant step towards achieving digital self-reliance and inclusive growth in the region.

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