Latest news with #Rs51
Time of India
16 hours ago
- Time of India
Kalamna Police Nab 55-Year-Old With Nearly 2kg Ganja
Nagpur: A 55-year-old man was arrested on Monday evening after Kalamna police seized nearly 2kg ganja during a raid at his residence in Om Nagar on Tuesday. The contraband was found hidden under a cupboard, along with a weighing scale and other items, in what police suspect was a bid to sell the substance for financial gain. The operation took place between on July 28, after the police received reliable information about illegal drug possession. A team from Kalamna police station, led by senior officers, conducted a house search in the presence of a panch at Shrivastava's residence located near Atta Chakki in Om Nagar. During the search, the cops discovered 1.94kg ganja hidden in a bag placed under a cupboard. A weighing scale and other paraphernalia suspected to be used for packaging and distribution were also recovered. The total value of the seized items was estimated at Rs51,000. Preliminary investigation suggests that Shrivastava was in possession of the ganja for personal profit through illegal sale. He was booked under relevant sections of the Narcotic Drugs and Psychotropic Substances (NDPS) Act for illegal possession and intent to distribute a commercial quantity of banned substances. Shrivastava was taken into custody immediately after the seizure. Police officials confirmed that further probe is on to trace the source of the ganja and identify potential buyers or networks linked to the accused. This action comes as part of an intensified crackdown on narcotics-related offences across city limits, with the police reiterating their commitment to rooting out drug-related crimes in the region.
Business Recorder
22-07-2025
- Business
- Business Recorder
Askari Insurance, ADHL finalise Rs432mn real estate deal
Askari General Insurance Company Limited (AGIC) has purchased commercial property worth over Rs432 million from Askari Development and Holdings (Private) Limited (ADHL), an associated company. The listed insurance company disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Tuesday. As per the notice, AGIC has entered into a related party transaction with ADHL, to acquire a commercial property located on the second floor of Askari Corporate Tower in Lahore. The transaction, valued at approximately Rs432.4 million (excluding transaction costs), involves the purchase of a 12,011 square foot commercial floor. Giving rationale behind the said transaction, AGIC said that 'the transaction is intended to secure long-term capital appreciation and enhance asset diversification of the company'. 'No director or executive of Askari General Insurance Company Limited has any direct or indirect personal interest in the subject transaction,' read the notice to the stakeholders. The company shared that Army Welfare Trust (AWT) holds approximately 59.25% of the issued share capital of Askari General Insurance Company Limited and also exercises control over ADHL. At the time of filing this report, the share price of AGIC was hovering at Rs51, an increase of Re0.47 or 0.93%. AGIC was incorporated under the Companies Ordinance, 1984 (repealed with the enactment of the Companies Act, 2017 on May 30,2017) as a public limited company on 12 April 1995. The company is engaged in non-life insurance business comprising of fire, marine, motor, health and miscellaneous. The Company is a subsidiary of Army Welfare Trust.
Time of India
19-07-2025
- Time of India
Trio arrested for theft from hospital
Nashik: On a seemingly normal Thursday night, Panchavati police received a complaint of burglary of aluminium caps used in medicine bottles worth thousands of rupees from Ayurvedic Hospital in the city's Panchavati area. Senior police officers said the FIR was registered around 8.30pm and three suspects, all hailing from Panchavati area, were arrested soon after. The police also recovered the stolen articles worth Rs51,000. Officers said the trio entered and stole the caps from the charitable trust hospital premises. During the course of the investigation, police gathered information about the suspects and arrested them. The suspects were identified as Mayur Jadhav (20), Jitesh Fasale (21) and Sandeep Kanojia (25). Upon questioning, the trio also confessed to committing the theft. The detection was carried out under the guidance of CP Sandeep Karnik, DCP (Zone 1) Monica Raut, and other senior officers.
Express Tribune
17-07-2025
- Politics
- Express Tribune
Imran Khan held in 'death cell', claims PTI
Listen to article Pakistan Tehreek-e-Insaf (PTI) has raised alarm over what it described as 'inhumane' treatment of its incarcerated founder, Imran Khan, claiming he is being held in a 'death cell' under near-total isolation. Addressing a press conference on Thursday, PTI Central Secretary for Information Sheikh Waqas Akram alleged that Khan is confined to solitary detention for 22 hours daily, denied access to newspapers, television, books, and is barred from meeting his legal team and close associates. Akram stated that the conditions amount to psychological torture and a blatant violation of basic human rights. 'Imran Khan is effectively cut off from the world. His fundamental right to meet six designated individuals is being denied, despite explicit court orders, which constitutes contempt of court,' he said. He added that similar restrictions have been imposed on Khan's wife, Bushra Bibi, who is allegedly being denied family visits, while Khan's sister, Aleema Khan, has also been prevented from seeing him. Read More: Imran Khan tells PTI leaders to end rift, focus on movement Calling on the Chief Justice of Pakistan to intervene, Akram urged the judiciary to restore its 'dwindling credibility and independence' in the face of what he termed the executive's open defiance of court rulings. 'The violation of judicial orders is not just an insult to the courts but to the entire justice system,' he remarked. The PTI spokesperson also questioned the recent disqualification of politician Jamshed Dasti, claiming that Article 62(1)(d) of the Constitution has never before been used to unseat public representatives, and alleging that constitutional provisions are now being misapplied for political engineering. Highlighting concerns over the health and treatment of other detained PTI leaders, he pointed to the 'deteriorating condition' of Shah Mehmood Qureshi, the 'systematic violation' of Dr Yasmin Rashid's rights, and the continued imprisonment of Ejaz Chaudhry despite Supreme Court orders granting him bail. On economic matters, Akram criticised the federal government over skyrocketing fuel prices, claiming petrol prices have surged by 82% over the past 15 months. 'During PTI's term, petrol prices rose by Rs51, but the current government scrapped subsidies and pushed the price to Rs220 per litre,' he said. Also Read: Imran Khan chose prison over life of comfort abroad He also accused the government of orchestrating a Rs92 billion sugar scandal, alleging that after the approval to export 765,000 metric tons of sugar, domestic supplies vanished from the market, causing prices to soar to Rs200 per kilogram. Addressing the May 9 cases, Akram claimed that the prosecution's position has collapsed following the withdrawal of a key investigating officer and the absence of primary witness Hassan Afzal. He demanded the immediate dismissal of all related cases. Expressing sorrow over the recent floods in Punjab that led to 103 deaths and the destruction of 250 homes, Akram criticised what he described as the government's inept disaster response. 'When the public protests, they are jailed. Yet, officials responsible for this negligence go unpunished,' he remarked. In closing, Akram disclosed that Khan has conveyed directives concerning the upcoming Senate elections in Khyber-Pakhtunkhwa, delegating authority for awarding Senate tickets to the provincial parliamentary party to prevent horse-trading. However, he clarified that no ticket can be issued without Khan's personal approval. 'PTI remains committed to internal democracy and transparency,' he affirmed.
Time of India
29-06-2025
- Time of India
Brothers among 3 charged with Rs36 lakh forgery
Nagpur: Three individuals, including two brothers, were charged with forgery and cheating in a Rs36 lakh plot sale scam. The accused, Prabhakar Lokhande, Kunal Lokhande, and Deepak Waghmare, allegedly defrauded a 50-year-old Satranjipura resident Sanjay Kalamkar. As per police sources, the scam began when Prabhakar Lokhande offered to sell a 3,500 sq ft plot in a housing society in Besa for Rs51 lakh. Between August 12, 2022, and August 23, 2023, the trio prepared a plot purchase agreement on Rs500 stamp paper and collected Rs36 lakh via cheques from Kalamkar. When Kalamkar asked about registering sale deed, the accused started dilly-dallying. Suspecting foul play, Kalamkar contacted Anwar Khan of the housing society, and came to know that the plot was not in any of the accused's name. The accused had conspired to deceive him, pocketing the money without legal ownership. Following Kalamkar's complaint, charges under sections 420 (cheating), 34 (common intention), and 120B (criminal conspiracy) of the IPC were filed at Beltarodi police station.
