Latest news with #Jayaram
Economic Times
17 hours ago
- Business
- Economic Times
Singapore immigration officer pleads guilty to sexually abusing 6 Indian nationals for extending stay
AP An Indian-origin officer with the Singapore immigration department has pleaded guilty to accepting bribes in the form of sexual favours from six Indian nationals in exchange for facilitating their short-term visit pass applications to extend their stay in the city-state, according to a media report on Tuesday. Kannan Morice Rajagopal Jayaram, 55, who was serving as an inspector in Singapore's Immigration and Checkpoints Authority (ICA), committed the offences between 2022 and 2023, The Straits Times reported. He pleaded guilty on Monday to three corruption charges, each involving an Indian national. Another three similar charges involving three other Indian men, aged between 25 and 30 years, will be considered during his sentencing, which is scheduled for August 18, 2025, the report said. Jayaram, as an ICA inspector, used to oversee a team responsible for processing visa extension requests. According to court documents, while officers followed ICA guidelines, they had discretion to grant or deny extensions based on individual circumstances. Jayaram allegedly exploited his position by targeting vulnerable applicants, including a 26-year-old Indian man, who sought to remain in Singapore for studies. He ensured the man's visa extension in exchange for sexual favours. Jayaram allegedly committed similar acts with six other Indian nationals. He was charged in 2023 and has been suspended from duty since April that year, according to ICA. (Join our ETNRI WhatsApp channel for all the latest updates) Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Jane St: How an options trader smelt a rat when others raised a toast Regulators promote exchanges; can they stifle one? Watch IEX TCS job cuts may not stop at 12,000; its bench policy threatens more From near bankruptcy to blockbuster drug: How Khorakiwala turned around Wockhardt Stock Radar: SBI Life rebounds after testing 50-DEMA; could hit fresh record highs above Rs 2,000 – check target & stop loss These 10 banking stocks can give more than 25% returns in 1 year, according to analysts Two Trades for Today: A metals stock for an over 6% gain, a large-cap chemicals maker for about 7% upmove F&O Radar| Deploy Broken Wing in LIC Housing Finance to benefit from bearish outlook
News18
a day ago
- News18
Indian-Origin Singapore Officer Pleads Guilty To Seeking Sexual Favours For Visa Help
Last Updated: Indian-origin ICA officer Kannan Morice Rajagopal Jayaram pleaded guilty to accepting sexual favours from six Indian nationals in exchange for visa extensions. An Indian-origin officer working with the Singapore immigration department has pleaded guilty on Monday to accepting bribes in the form of sexual favours from six Indian nationals, a report by the Straits Times said. It said that the sexual favours were asked in exchange for facilitating their short-term visit pass applications to extend their stay in the city-state. Kannan Morice Rajagopal Jayaram, 55, who was serving as an inspector in Singapore's Immigration and Checkpoints Authority (ICA), committed the offences between 2022 and 2023. Jayaram, admitted in court on Monday to targeting vulnerable applicants, including a 26-year-old Indian man who was trying to extend his stay in Singapore to pursue further studies. In return for approving the extension, Jayaram sought sexual favours, court documents revealed. Jayaram was an ICA inspector overseeing a team that handled visa extension requests. While the officers operated under ICA guidelines, they retained discretion to approve or reject applications based on individual circumstances. Prosecutors said Jayaram misused this discretion for personal gain. Three more charges involving other Indian men, aged between 25 and 30, will be taken into consideration during sentencing, which is scheduled for August 18. Jayaram was first charged in 2023 and has been suspended from duty since April that year, the ICA said. view comments First Published: July 29, 2025, 23:23 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
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First Post
2 days ago
- First Post
Shock in Singapore: Immigration officer admits to sexually abusing 6 overstaying Indian nationals
A 55-year-old Indian-origin immigration officer in Singapore has pleaded guilty to soliciting sexual favours from six Indian nationals in exchange for extending their short-term visit passes. read more An Indian-origin immigration officer in Singapore has pleaded guilty to collecting bribes in the form of sexual favours from six Indian nationals in exchange for allowing their short-term visit pass extensions, according to a media report on Tuesday. Kannan Morice Rajagopal Jayaram, 55, a Singapore Immigration and Checkpoints Authority (ICA) inspector, committed the offences between 2022 and 2023, according to The Straits Times. On Monday, he pleaded guilty to three corruption counts, all of which involved an Indian national. STORY CONTINUES BELOW THIS AD Another three similar accusations against three other Indian males aged 25 to 30 years would be reviewed during his sentencing, which is set for August 18, 2025, the article claimed. Jayaram, as an ICA inspector, used to oversee a team responsible for processing visa extension requests. According to court documents, while officers followed ICA guidelines, they had discretion to grant or deny extensions based on individual circumstances. Jayaram allegedly exploited his position by targeting vulnerable applicants, including a 26-year-old Indian man, who sought to remain in Singapore for studies. He ensured the man's visa extension in exchange for sexual favours. Jayaram allegedly committed similar acts with six other Indian nationals. He was charged in 2023 and has been suspended from duty since April that year, according to ICA.
Business Insider
09-07-2025
- Business
- Business Insider
Analysts' Top Energy Picks: EOG Resources (EOG), Devon Energy (DVN)
Analysts fell to the sidelines weighing in on EOG Resources (EOG – Research Report) and Devon Energy (DVN – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. EOG Resources (EOG) EOG Resources received a Hold rating and a $134.00 price target from Roth MKM analyst Leo Mariani today. The company's shares closed last Tuesday at $123.95. According to Mariani is a top 100 analyst with an average return of 27.5% and a 61.8% success rate. Mariani covers the NA sector, focusing on stocks such as California Resources Corp, Occidental Petroleum, and Magnolia Oil & Gas. EOG Resources has an analyst consensus of Moderate Buy, with a price target consensus of $139.36, which is a 16.4% upside from current levels. In a report issued on June 24, Barclays also maintained a Hold rating on the stock with a $140.00 price target. Devon Energy (DVN) In a report released yesterday, Arun Jayaram from J.P. Morgan maintained a Hold rating on Devon Energy, with a price target of $42.00. The company's shares closed last Tuesday at $34.92. According to Jayaram is a 4-star analyst with an average return of 7.3% and a 51.6% success rate. Jayaram covers the NA sector, focusing on stocks such as National Energy Services Reunited, Crescent Energy Company Class A, and Noble Corporation PLC Class A. Devon Energy has an analyst consensus of Moderate Buy, with a price target consensus of $41.53, representing a 26.2% upside. In a report released yesterday, Barclays also maintained a Hold rating on the stock with a $40.00 price target.
India.com
09-07-2025
- Business
- India.com
Ran away from home at 13, washed dirty utensils to survive, earned Rs 18 per month, now has net worth of Rs 3000000000; he is..., business is...
Ran away from home at 13, washed dirty utensils to survive, earned Rs 18 per month, now has net worth of Rs 3000000000; he is..., business is... We've all heard amazing rags-to-riches stories but this boy's journey stands out as exceptional. As a young boy, he ran away from home at 13 to escape the atrocious treatment of his father. As a teenager, he was washing dirty dishes for Rs 18 a day to survive. Yet, he never gave up on his dreams. That boy is now the proud owner of a South Indian food empire worth over Rs 300 crore. He is famously known as the 'Dosa King.' He is… What made this school dropout the 'Dosa King' of India? Jayaram Banan is the proud owner of Sagar Ratna, a South Indian food franchise worth Rs 300 crore. His journey was not a bed of roses. At 13, he ran away from home, fearing his father's punishment after he performed poorly in a school exam. Jayaram, the son of a driver, used to get beaten by his father whenever he failed his school exams. He finally left everything behind and found his way to Mumbai, which begins the remarkable rags-to-riches success story. When did his journey from dishwasher to millionaire begin? Jayaram took a train from Udupi to Mumbai in 1967, where he started working in a hotel. Since he knew no other work, the restaurant owner gave him the duties of washing dishes and cleaning tables and paid him a fixed sum of Rs 18. After working there for six years, Jayaram's salary went from Rs 18 to Rs 200. Later, he got promoted from a waiter to a manager. At that time, there were South Indian restaurants opening in Mumbai, but Jayaram planned to relocate to Delhi to start his South Indian restaurant. Jayaram's older brother had worked at a Udupi restaurant in Delhi. Inspired by the tales of his brother, Jayaram left Mumbai in 1974 and moved to Delhi. He was awarded a tender to run the canteen at Central Electronics. He worked there for almost 12 years, saving every penny he could from the canteen's net profits. Jayaram opened his first restaurant called 'Sagar' Jayaram had a dream to open a restaurant. In 1986, Jayaram opened his first restaurant called 'Sagar' in Defense Colony, Delhi, where he paid an outrageous rent of Rs 3,250 per week. The restaurant had 40 seats. On his first day, Jayaram's idli, dosa, and sambar captured the taste buds of Delhites, and he was able to make Rs 408 on day one. Before Jayaram Banan started his restaurant, Woodland and Dasaprakash were the top South Indian food places in Delhi. A year later, Jayaram got lucky to take over the Woodland restaurant in Lodhi Market and renamed it Sagar Ratna. This began the Sagar Ratna restaurant chain which today has more than 100 outlets. Jayaram Banan's dosas and sambar were so popular that people would queue for several kilometers to eat there. He was henceforth known as 'The Dosa King of North.' Today, the Jayaram Banan brands, Sagar Ratna and Swagat, together have over 100 outlets not just in India but in places like Singapore, Canada, and Bangkok with an estimated total annual net worth of Rs 300 crore.
