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Economic Times | 27 Nov, 2020 | 12.06AM IST

Live news updates: ED arrests Cox and Kings promoter

As per ED, Yes Bank has total outstanding of Rs 3,642 crore in respect of Cox & Kings Group of Companies (CKG).

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12:06 AM

Wrap Up: Here are the top events of November 26, 2020

  • Punjab farmers intensify protest, push through Haryana barricades
  • Father of Indian IT FC Kohli passes away
  • ED arrests Cox and Kings promoter
  • Cyclone Nivar slams southern coast; claims atleast four lives, causes crores of damage
  • India celebrates Constitution Day
  • AstraZeneca faces tough questions about vaccine
11:36 PM

Cox and Kings promoter Peter Kerkar arrest updates

  • Kerkar was arrested in Mumbai under various sections of the Prevention of Money Laundering Act (PMLA) and will be produced before a local court there
  • The case pertains to the ED's money laundering probe in which the central probe agency had said it had found that Yes Bank had a total outstanding amount of Rs 3,642 crore against Cox & Kings Group of Companies (CKG)
  • The role of Kerkar alias Ajay Ajit Peter is under probe with regard to alleged loan defaults with other banks too apart from the Yes Bank, official sources said.
  • The agency had raided a number to former executives along with Kerkar as part of multiple searches conducted by it in Mumbai in June.It had also arrested the travel company's ex-chief financial officer Anil Khandelwal and internal auditor Naresh Jain in October.
11:04 PM

India had estimated 74.3 million coronavirus infections by August: ICMR's second serosurvey

11:03 PM

Mumbai Airport has created a dedicated zone for domestic passengers arriving from Delhi, Goa, Gujarat and Rajasthan who are required to undergo the RT-PCR test upon arrival at the airport

10:33 PM

80% of electricity connection will be restored by today. Electricity Board has incurred a loss of Rs 1.5 crores due to Nivar Cylone: P Thangamani, Tamil Nadu Minister for Electricity

10:32 PM

Shri FC Kohli Ji will be remembered for his pioneering contributions to the world of IT. He was at the forefront of institutionalising a culture of innovation and excellence in the tech industry. Pained by his demise. Condolences to his family and many admirers.

- PM Modi

10:16 PM

Enforcement Directorate arrests Cox and Kings promoter Peter Kerkar in a money laundering case

  • In October, the ED had arrested Cox & Kings Group CFO Anil Khandelwal and internal auditor of Naresh Jain, under sections of the Prevention of Money Laundering Act (PMLA), in connection with the Yes Bank case.
  • An ED official told IANS that during investigation in the money laundering case, it has surfaced that Yes Bank has total outstanding of Rs 3,642 crore in respect of Cox & Kings Group of Companies (CKG).
09:50 PM

High-speed mobile data services in Ganderbal and Udhampur districts to continue till 11th December while in rest of the districts the internet speed will be restricted to 2G only: Jammu and Kashmir Home Department

09:49 PM

Estimated loss due to Cyclone Nivar tentatively put at Rs 400 crore, full assessment being made: Puducherry CM V Narayanasamy

09:21 PM

Army junior commissioned officer killed in ceasefire violation by Pakistan along LoC in Jammu and Kashmir's Poonch district

09:11 PM

Visuals of farmers' protest march

09:11 PM

Haryana Police have appealed to the citizens to avoid travelling on National Highway 10 (Hisar-Rohtak-Delhi) and National Highway 44 (Ambala-Panipat-Delhi), in view of 'Delhi Chalo' protest march by the farmers' organizations: Haryana CM's Office

09:03 PM

We handled the situation with great restraint ensuring law and order is maintained

- Haryana DGP on farmers' protest

08:46 PM

I had never seen a Union Home Minister who attends municipality meetings, clicks pictures while eating food at someone's residence. There is an increase in unemployment, economy is in bad state and there are problems at borders, & he is doing such things

- Mamata Banerjee

08:39 PM

In view of traffic disruption in NCR region due to closure of Delhi borders, we are allowing no-show waiver & one free reschedule to passengers who couldn't report for their flights. Waiver will be valid for flights scheduled out of Delhi airport for 26th November: Air India

08:36 PM

Campaigning in JK ends for first phase of DDC polls

08:10 PM

FC Kohli’s contributions to TCS, the Indian IT industry and to the nation, are immense & immeasurable

- Rajesh Gopinathan, CEO & MD, TCS

07:50 PM

We are actively considering whether to impose night curfew. No decision has been taken on it

- Delhi government

07:46 PM

Farmers protest update

According to Times of India, people are facing traffic snarls at Delhi borders as the Delhi Police on Thursday intensified vehicle checking in view of the 'Delhi Chalo' march by Punjab farmers against the Centre's farm laws.
07:43 PM

Cyclone Nivar update

  • At least three people were killed in Tamil Nadu
  • Over 1,000 trees uprooted
  • Some low-lying areas reportedly marooned in Tamil Nadu
  • Nivar will weaken into a deep depression, according to IMD
  • Heavy rains reported from Puducherry
07:33 PM

India's response action against terrorism is now happening at 360 degrees. Not only India is acting within its borders but our brave soldiers are destroying terrorists' hideouts, going across the border, when necessary

- Defence Minister Rajnath Singh

07:33 PM

Workmen Special services in Chennai that were suspended due to Cyclone Nivar to resume its service from tomorrow

07:10 PM

Mr FC Kohli laid the foundation for a strong TCS. I had the prililege of working with him on the NASSCOM Executive Council during the early nineties. I pray that his soul rests in peace.

- NR Narayana Murthy

07:08 PM

When will the PM make the Constitution popular among members of the BJP & RSS; they sure could use a lesson or two.

- Congress

07:08 PM

India celebrates Constitution Day

06:59 PM

SC has earned a reputation for its superior standards and lofty ideals: President

06:49 PM

Bombay High Court adjourns hearing on challenge by LVB shareholders to Dec 14. No interim order on stay on amalgamation of LakshmiVilasBank & DBSBankIndia

06:47 PM

Lalu Prasad Yadav shifted from Ranchi hospital director's bungalow to its paying ward following his alleged phone call to a Bihar BJP MLA

06:47 PM

Pleased that higher judiciary has started making available its judgments in more and more regional languages

- President

06:46 PM

I commend bar, bench and officials for not letting coronavirus come in way of fulfilling duty of securing justice for all

- President Ram Nath Kovind

06:34 PM

CP Gurnani on FC Kohli

06:31 PM

India has huge renewable energy deployment plans for the next decade

- PM Modi

06:30 PM

Even when it was not affordable, we invested in renewable energy: PM

06:30 PM

PM Narendra Modi will visit Serum Institute of India in Pune on November 28 to review the vaccine production and distribution preparation here: Saurabh Rao, Divisional Commissioner, Pune

06:19 PM

Today, India’s renewable power capacity is the 4th largest in the world. It is growing at the fastest speed among all major countries. The renewable energy capacity in India is currently 136 Giga Watts, which is about 36% of our total capacity

- PM Narendra Modi

06:15 PM

Modi Live: PM inaugurating RE-Invest 2020

06:14 PM

We are showing the world that sound environmental policies can be sound economic decisions: PM Modi

06:13 PM

The farmers here are agitating against the bills that they (Centre) have brought. You can't stop a person going to your capital city where Parliament is and expressing their views. Why are you stopping them?

- Punjab CM Captain Amarinder Singh

06:09 PM

NASSCOM pays tribute to father of Indian IT

06:03 PM

The country's farmers are standing resolutely in the face of Modi government's cruelty against them

- Rahul Gandhi on farmers' protest

05:47 PM

Cyclone update: Prohibitory order in Puducherry lifted

05:34 PM

Visuals of farmers' protest in Haryana

05:32 PM

FC Kohli, the first CEO of TCS, passes away at the age of 96

FC Kohli, the first CEO of TCS, passes away at the age of 96
05:30 PM

India cuts import duty on crude palm oil to 27.5% vs 37.5%

05:15 PM

Punjab farmers face water cannons, push through Haryana barricades: Report

  • As per ToI, farmers from Punjab faced water cannons and broke police barriers at the state's border with Haryana as they pushed towards the national capital Thursday in their “Delhi Chalo” march against the Centre's farm laws.
  • At the Shambhu border, the Haryana Police and Punjab protesters in their tractor-trolleys faced each other off on a bridge over the Ghaggar River.
  • The Haryana Police had blocked the Amritsar-Delhi highway at this border point with trucks to stop the farmers' tractor-trolleys, some of them laden with food.
05:10 PM

Bombay High Court dismisses a PIL seeking CBI probe into the death of Disha Salian who was ex-manager of Sushant Singh Rajput. Bombay HC has observed in its order that if anyone has any proof related to the death can reach out to the police as per CrPC provisions.

05:02 PM

Delhi Metro services from neighbouring cities to remain suspended due to farmers' protest

05:01 PM

Bengal has no place for outsiders who come only during elections

- Mamata Banerjee on BJP leaders from outside getting organisational responsibilities in state

04:52 PM

BJP releases manifesto for Hyderabad civic polls

  • BJP has promised financial assistance of Rs 25,000 for each family affected by the recent rains in the city, free electricity to families which consume less than 100 units and free travel for women in city buses and metro trains among others, in its manifesto for the civic polls in Hyderabad.
  • The manifesto, released by former Maharashtra Chief Minister Devendra Fadnavis, said COVID-19 vaccine would be provided to all as per the suggestions of the Centre.
  • It said an effective plan would be prepared to control the spread of COVID-19 in the city which would enable everyone in the city to get tested for the virus free of cost.
  • The manifesto also promises free drinking water supply, setting up three new women police stations every year and one toilet per kilometre for women, free Tablets for students of government schools in view of their difficulties to access online education during the ongoing pandemic.
  • The Greater Hyderabad Municipal Corporation (GHMC) elections are scheduled to be held on December 1.
04:52 PM

Farmers don't want to begin their campaign under any political flag. Farmers of all parties stand united on this (Farm Laws) issue. Captain Amarinder Singh played the most bungling role as he didn't protest at all

- Shiromani Akali Dal chief Sukhbir Singh Badal

04:41 PM

Cyclone Nivar update

  • Andhra Pradesh sees heavy to extremely heavy rainfall ranging from 6 cm to 30 cm
  • One person dead, another farmer feared washed away in AP
  • Three killed in Tamil Nadu
  • Air, Metrorail, bus services have resumed in TN
04:37 PM

Shocked at your response ML Khattar Ji. It's the farmers who've to be convinced on MSP, not me. You should've tried to talk to them before their Dilli Chalo. And if you think I’m inciting farmers then why are Haryana farmers also marching to Delhi?

- Punjab CM Capt Amarinder Singh

04:27 PM

BJP committed to values espoused by Ambedkar

- JP Nadda on Constitution Day

04:26 PM

India, Australia players to wear armbands during 1st ODI in honour of Dean Jones

04:20 PM

Indian Army reaffirms commitment to the values of Indian Constitution

04:15 PM

Farmers' protest visuals

04:14 PM

Delhi Environment Minister Gopal Rai, who was found Covid positive, has been admitted to Max Hospital, he is stable: Office of the Environment Minister

04:13 PM

Gold, silver rise marginally

  • Gold prices rose marginally by Rs 17 to Rs 48,257 per 10 gram in the national capital on Thursday, according to HDFC Securities.
  • Silver prices also gained Rs 28 to Rs 59,513 per kilogram from Rs 59,485 per kilogram in the previous trade.
04:11 PM

Only marketplaces are closed, there is no weekend lockdown in Dehradun

- Uttarakhand government

04:04 PM

Former Jammu & Kashmir Minister & Congress leader Taj Mohiuddin has been booked by Central Bureau of Investigation (CBI) in connection with alleged multi-crore Roshni land scam - ANI report

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