Man dies after being hit by train in Lucknow
Lucknow (PTI): A 20-year-old man died after he was run over by a train here, a police statement said.
The incident took place in the Dubagga police station on Friday evening. The deceased was identified as Suraj Rawat, a resident of Dashari village.
"On November 15, at around 8.40 pm, the local police station received information from Station Master Kakori that a young man had been struck and killed by a train near railway line Km 1084/05," the statement said.
Police reached the spot and found Rawat's body, which has been sent for post-mortem, it said.
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CBI registers fresh case against Reliance Communications, Anil Ambani
New Delhi (PTI): The CBI on Wednesday registered a fresh case against industrialist Anil Ambani and Reliance Communications Ltd for allegedly causing a loss of Rs 3,750 crore to Life Insurance Corporation (LIC) of India, officials said.
The CBI has filed the case for the alleged offences of conspiracy, cheating and misappropriation and under the provisions of the Prevention of Corruption Act on a complaint from the LIC, making it the fourth case against the company and Anil Ambani, they said.
The agency has alleged that LIC was fraudulently induced to subscribe to Non Convertible Debentures (NCDs) worth Rs. 4500 crore between 2009 and 2012 on the basis of false representations made by Reliance Communications Ltd. and its management regarding the financial health of the company, and security and asset cover offered to LIC while subscribing to the NCDs.
The insurer suffered a loss of over Rs 3,750 crore and ordered a forensic audit against the company.
The forensic audit report dated October 15, 2020, conducted by BDO India LLP, reported that RCOM and its management had resorted to misutilisation of funds raised from banks and financial institutions, routing of funds through subsidiaries, misuse of sale invoice financing, discounting of fictitious bills, systematic siphoning of funds through inter-company deposits/shell related entities, creating and write-off of fictitious debtors and receivables and gross overstatement of security.
It said there was a mismatch between the charges and the assets.
