Latest news with #MAPLE
Time of India
5 days ago
- Business
- Time of India
Mumbai court grants anticipatory bail to managing director of firm in Rs 1-crore phone procurement cheating case
Mumbai: The sessions court has granted anticipatory bail to Ramanand Rakesh (44), managing director of MAPLE Consolidated Pvt Ltd, in a Rs 1-crore phone procurement cheating case, where an employee of his company was allegedly involved. The court said that Rakesh's custodial interrogation was not required but imposed restrictions on him. Businessman Imran Jamal Merchant (33), who owns Advanced Trends India Pvt Ltd, a mobile wholesale business in Fort, had lodged a complaint accusing Shahabaj Ali Shaikh of not delivering iPhones despite making the payment. Shaikh offered to procure Apple iPhone 16 units at Rs 68,000 apiece from a source within MAPLE, an Apple retailer. Merchant agreed to purchase 150 units. Merchant transferred the said amount to the store's bank account, but the phones were allegedly not delivered. Investigations showed that iPhone units worth Rs 91 lakh were diverted to third parties, including Alka Enterprises, without fulfilling the order. Police had arrested his associates — Deven Lalji Devda and commission agent Sanjay Pradhan. The FIR names multiple individuals, including MAPLE store manager Ibrahim Ansari, who allegedly approved false invoices and facilitated the diversion of stock. Ansari's bail was rejected by the magistrate's court. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai Meanwhile, police have frozen a bank account linked to the transaction with a balance of Rs 90 lakh. 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 s ilver prices in your area.
Yahoo
05-02-2025
- Business
- Yahoo
Maine's maple syrup industry could get boost from federal legislation
Feb. 4—Sen. Susan Collins, R-Maine, has introduced two pieces of bipartisan federal legislation promoting new markets and research priorities to further support Maine's maple syrup industry. Collins submitted the bills with Sen. Peter Welch, D-Vermont, who represents the nation's largest maple syrup-producing state, followed by New York and Maine, respectively. Sen. Angus King, I-Maine, is a co-sponsor of both bills. The Making Agricultural Products Locally Essential (MAPLE) Act would add maple syrup to the list of eligible products under the Seniors Farmers Market Nutrition Program. The act would provide a new market for maple syrup producers while increasing older Mainers' access to locally sourced maple products. The Supporting All Producers (SAP) Act would require the U.S. Department of Agriculture to consult with maple producers when determining the priorities for the Acer Access and Development Program, is a competitive grant program that promotes a sustainable domestic maple syrup industry through research, education and marketing. Maine typically produces 575,000 gallons of maple syrup annually, supporting hundreds of jobs and contributing $55 million to the state's economy, Collins said in a statement. "These bills support both local producers and consumers and make this market more accessible for all Mainers," Collins said. King said in a statement that the legislation builds on previous federal programs that have invested significantly in Maine maple producers. "There's nothing better than real Maine maple syrup on Sunday morning pancakes, except maybe maple syrup on the other six days of the week," King said. Rep. Chellie Pingree, D-1st District, supports the SAP Act and will review the House version of the MAPLE Act when it becomes available, said spokesperson Gabrielle Mannino. Copy the Story Link
