Lookout notice issued - after Nirav escaped
New Delhi: A lookout notice was issued by the CBI against jeweler Nirav Modi and his associates last month in the banking fraud case, but by then they had escaped from India, CBI sources said on Thursday.
According to the sources, a Look Out Circular was issued against Modi along with his wife Ami, brother Nishal Modi and Mehul Choksi in the Punjab National Bank (PNB) fraud case on January 31.
The circular was issued to all airports, ports and exit points to stop them from escaping. However, according to the sources, Modi and his associates fled the country before the notices were issued.
While Nirav and his brother Nishal left India on January 1, his wife Ami, a US citizen, and Choksi went on January 6, all before the CBI received a complaint from the PNB on January 29.
The source added that around 150 Letters of Understanding were issued to Nirav Modi's firms by the PNB. In the course of the probe, the CBI has finished imaging computers seized during searches at Modi's properties on February 3, 4 and 21.
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AI, AI Express look to add capacity amid IndiGo flight disruptions
New Delhi (PTI): Air India Group is looking to add capacity to help passengers impacted by the IndiGo flight disruptions.
"Since 4 December, economy class airfares on non-stop domestic flights have been proactively capped to prevent the usual demand-and-supply mechanism being applied by revenue management systems," a statement said on Saturday.
Both Air India and Air India Express have put in place caps on economy class fares.
ALSO READ: IndiGo cancels over 200 flights from Delhi, Mumbai on Saturday
The statement from Air India came hours after the government announced introduction of airfare caps amid IndiGo flight disruptions.
Air India also said it is not technically possible to cap fares for all flight permutations.
"Air India and Air India Express are seeking to add capacity to help travellers and their baggage reach their destinations as quickly as possible," the statement said.
