INX Media case: Delhi HC refuses to grant bail to Chidambaram, says may influence witnesses
New Delhi: The Delhi High Court Monday refused to grant bail to former finance minister P Chidambaram in the INX Media corruption case.
Justice Suresh Kait denied bail to the Congress leader, saying there is no chance of tampering with evidence but there is a possibility that Chidambaram can influence witnesses.
Chidambaram, who is in custody since his arrest by the CBI on August 21, did not approach the trial court and had directly filed the regular bail plea in the high court.
He was arrested from his Jor Bagh residence here and is in Tihar Jail under judicial custody till October 3.
The CBI had registered an FIR on May 15, 2017, alleging irregularities in the FIPB clearance granted to the INX Media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram's tenure as the finance minister.
Thereafter, the ED lodged a money laundering case in this regard in 2017.
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Karnataka fast-tracks investment approvals, cuts red tape across key clearances: Minister Patil
Bengaluru (PTI): Karnataka Minister M B Patil on Saturday said the state government has fast-tracked approvals for investment projects and taken measures to cut red tape.
He said that since 2022, Karnataka has approved 2,028 projects worth Rs 5.11 lakh crore, which could create 7.16 lakh jobs.
Of these, Rs 69,564 crore has already been realised, generating 1.06 lakh jobs, he added.
“Karnataka fast-tracks approvals, cuts red tape,” the Minister for Large & Medium Industries said.
“Clear results of our government’s push to speed up approval processes are now evident. Not only have investment agreements been secured, but effective implementation is also underway,” he said in a post on X.
He added that simplified and swift approval processes are boosting investor confidence and providing greater impetus to industrial growth across the state.
“Karnataka’s investment-friendly environment is further strengthened by its culture of ease of doing business,” he said.
Noting that Karnataka is fast-tracking approvals and aligning departments and districts for on-ground delivery, the minister said: “We have overhauled 18 key approvals, cutting land use change clearance time from 120 to 45 days, fire NOC from 60 to 21 days, factory plan approvals from 30 to 14 days, and electrical approvals to just 10 days.”
In a competitive landscape, Karnataka is acting decisively to ensure faster decisions, fewer delays, and a truly pro-industry ecosystem, he added.
