Delhi High Court judge decides to withdraw from Kejriwal excise case after initiating contempt

Delhi High Court judge decides to withdraw from Kejriwal excise case after initiating contempt

New Delhi: In a fresh twist in the ongoing CBI appeal hearing against the acquittal of all the accused in the excise policy case, Delhi High Court judge Swarn Kanta Sharma initiated criminal contempt proceedings against the former chief minister. Arvind KejriwalAAP officials Manish Sisodia, Durgesh Pathak, Sanjay Singh, Saurabh Bhardwaj and others abstained from hearing the main case.“Can’t surrender to a powerful litigant,” Justice Sharma said while initiating contempt proceedings against Kejriwal, saying he “launched a defamatory campaign” against him on social media instead of challenging the adverse orders against him in the higher court.She said she would now hear only the contempt case and transferred the appeal, so that the “defendants” would not later claim that she was biased against them. The judge said that while the hearing in the excise policy case was going on inside, “a parallel narrative was being constructed outside… and aspersions were being leveled on this court by contemporaries armed with political powers.”

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Justice Sharma took exception to social media posts shared by Kejriwal and other AAP office-bearers which ascribed their “political allegiance” and targeted them by posting a misleading “edited” video of a speech delivered by them at an educational institution in Varanasi.Justice Sharma said, “After I refused to withdraw from the case, Arvind Kejriwal tried to destroy my reputation instead of availing legal remedies and this deliberate attempt to undermine the authority of the court under the guise of free speech cannot be allowed.”He said Kejriwal wanted to sow “seeds of distrust”, but warned that “judicial silence cannot afford to threaten judges into silence”.

Gandhiji’s Satyagraha won: Kejriwal

She said she would now hear only the contempt case and transferred the appeal, so that later the “defendants” would not claim that she was biased. The judge said that while the hearing in the excise policy case was going on inside, “a parallel narrative was being constructed outside… and aspersions were being leveled on this court by contemporaries armed with political powers.”Justice Sharma took exception to social media posts shared by Kejriwal and other AAP office-bearers which ascribed their “political allegiance” and targeted them by posting a misleading “edited” video of a speech delivered by them at an educational institution in Varanasi.Justice Sharma said, “After I refused to withdraw from the case, Arvind Kejriwal tried to destroy my reputation instead of availing legal remedies and this deliberate attempt to undermine the authority of the court under the guise of free speech cannot be allowed.”He said Kejriwal wanted to sow “seeds of distrust”, but warned that “judicial silence cannot afford to threaten judges into silence”.Referring to Kejriwal’s conduct, the judge said that hopefully the matter will be put to rest once his plea is decided.Justice Sharma said, “The plaintiff could have gone to the Supreme Court for challenge, but he did not, instead he released a video and repeated the same allegations and grounds which were rejected by this court.” He also referred to Kejriwal’s letter on X where he had announced his decision to boycott the hearing in his court.“The tone, tenor and manner of the criticism were not those of fair criticism. They have launched a campaign and social media campaigns have raised questions about the integrity, impartiality of this court,” the HC said. Detailed copy of the order is awaited. The judge read out parts of his order in a special sitting at around 6.30 pm and lasted for about 1.5 hours.Justice Sharma clarified that she is not recusing herself from the case but is transferring the matter to another bench as she has initiated contempt proceedings. “By selectively editing the letters and videos, the respondents tried to intimidate the court and tried to cast aspersions on my family members by dragging them in,” the judge said. He said they were intended as a “thoughtful insult”.Undeterred by Justice Sharma ordering contempt proceedings against him, the AAP chief lauded his decision to withdraw from the excise case. “Truth has won, Gandhiji’s Satyagraha has won,” Kejriwal said in his first reaction on social media platform X.

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Many seats, one family: Paper leak probe lens on Biwals’ MBBS course | jaipur news

Many seats, one family: Paper leak probe lens on Bivals' MBBS operations

Jaipur: The shadow of the NEET-UG 2026 paper leak investigation has now fallen on the entire family, as investigators found that several members of the Biwal family are linked to all the three arrested accused. CBISecured admission in medical colleges and are currently pursuing MBBS course in Rajasthan and other parts of the country.CBI on Wednesday arrested Dinesh Biwal, his brother Mangilal Biwal and Mangilal’s son Vikas Biwal in the paper leak case.Police sources said investigators became suspicious “from day one” when it was revealed that four members of the same family had cracked NEET and entered medical colleges.Investigators are now probing whether the confessions of the family members had any connection with the alleged leak racket.According to preliminary findings, Vikas Biwal is a first-year student at Sawai Madhopur Medical College, while his sister is enrolled at Dausa Medical College. Another relative, the daughter of Mangilal’s deceased brother Ghanshyam, is a student at SMS Medical College in Jaipur, while Ghanshyam’s other daughter is studying in a medical college in Mumbai. Sources said another member of the family may be studying in a medical college, but the CBI took over the case before the information could be confirmed by state agencies.The scrutiny around the family has intensified after some people allegedly exposed old social media posts of Dinesh Biwal in which he had claimed that five children of his family have secured admission in medical colleges. However, the agencies said they were still verifying the claim.Investigators found that they all studied at the same coaching institute in Sikar, although sources later claimed that they were enrolled only for the mock test series. Officials said that all three had appeared in the NEET-UG examination of 2025.“There is no direct evidence yet that they cleared the exam using leaked question papers, but the fact that five members of the same family secured admission to MBBS in the same period naturally raises questions, especially when the family is now linked to an alleged paper leak syndicate,” a senior official said on condition of anonymity.Sources said investigators suspect that Dinesh paid money to another accused, Gurgaon-based Yash Yadav, to obtain the leaked NEET-UG 2026 question paper to benefit his son. Sources said that another member of the family was also preparing for NEET, whose identity has not been disclosed.CBI has already taken Dinesh, Mangilal and Vikas to New Delhi for further questioning. In connection with the investigation, a CBI team also reached the family’s house in Jamwa-Ramgarh near Jaipur.As television crews and journalists gathered outside the residence following the arrest on Thursday, family members strongly denied the allegations. Speaking to local media, the wives of Dinesh and Mangilal insisted that their children had secured the seats through hard work and claimed that the allegations were baseless.

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3 things OPT employers should check as ICE announces crackdown on 10,000 foreign students

3 things OPT employers should check as ICE announces crackdown on 10,000 foreign students
Immigration attorney Emily Newman explains what F-1 students and OPT employers need to know as ICE announces a major crackdown on the program.

Immigration and Customs Enforcement announced a major crackdown on foreign students working in the Optional Practical Training Program alongside their studies, and said they have uncovered a major fraud going on with fake companies, non-existent companies offering OPT jobs to students. Immigration attorney Emily Newman said what ICE described is absolutely true. Vacant buildings are listed as workplaces for hundreds of students, with no actual employees ever working.Newman said most companies do not engage in these misconducts, but now with ICE announcing this action, they should be vigilant that they are doing everything necessary, as there will be more site visits.Newman listed three things that HR and in-house counsel at companies hiring OPT students should check immediately.

  1. Is your Form I-983 current? If the workplace, supervisor, or training description on file does not match what the student is actually doing today, that difference is the first thing an investigator will notice.
  2. Are supervisors of your STEM OPT students aware that they are responsible for the training described on that form? At the site visit, the supervisor’s answers are compared with the form that was signed.
  3. Are you giving notice of termination within five business days? This is a regulatory deadline, not a guideline.

Overall OPT Checklist

  • The student applies for the OPT by filing Form I-765 and employers do not need to submit a petition for the standard, non-STEM OPT.
  • The work should be directly related to the student’s field of study and the relationship should be such that it can be explained in writing on demand.
  • The student must provide employment information to the Designated School Officer (DSO) of the school that issued the Form I-20.
  • Employers should expect to provide a written offer letter, a job description, and, if asked, a letter explaining the connection between the role and the degree.
  • When OPT is over, the student has to inform the same to the DSO.

What irregularities did ICE find?

  • Empty buildings, locked doors and residential addresses are serving as listed work sites for hundreds of students.
  • Coordinated employer groups in shared office premises, where different employers allegedly operated almost identical websites and management personnel denied any business relationship with each other.
  • A sole proprietor allegedly sets up multiple OPT employer entities to structure income, avoid taxes, and obscure the true employment relationship.
  • International financial patterns spanning multiple countries and bank accounts, missing employment records and offshore (mostly India) human-resources or payroll arrangements.
  • OPT employees never come to work.

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Why this pretense of independence in the appointment of CEC/EC, when it can be decided by the government? Center to SC

Supreme Court raised questions on CEC appointment process, expressed concern over 'independence'

New Delhi: Raising questions over the appointment process of the Chief Election Commissioner/Election Commissioners, where a panel of the Prime Minister, a Cabinet Minister and the Leader of the Opposition selects the candidate. Supreme Court Thursday said the current system allows the government to appoint a person of its choice as long as two out of three members are in favor of it and asked the government why it is “pretending about independence” in the appointment process. It was said that instead of the minister, an independent person should be made a part of the panel.Citing the Supreme Court’s earlier direction that the panel should include the PM, CJI and the LOP, a bench of Justices Dipankar Gupta and Satish Chandra Sharma said it was not necessary that the CJI participate in the process, but an independent person would have to be a part of it or the presence of the LOP would become merely decorative. It said that when a CBI Director is appointed by an independent panel comprising the PM, CJI and LOP, why should not the same practice be followed for the CEC/EC, which is all the more important as the institution is involved in maintaining democracy and ensuring free and fair elections in the country.Although Attorney General K Venkataramani said that the neutrality and independence of the CEC/EC arises from their functioning after their appointment, the bench said that it started with the appointment process itself. The court said that the Election Commission should not only act neutrally but also appear neutral.“Why should a cabinet minister be a part of this? Let’s assume the ruling party has 300 MPs. The PM picks 25 of his best. Now you micromanage it again and bring in one of the 25. Why? Then why do you include the leader of the opposition in it? He is decorative. A minister will never go against the PM. It will always be decided by 2:1. Why this show of independence in the body?”The court is probing the validity of the law – the CEC and other Election Commissioners (Appointment, Conditions of Service and Term of Office) Act – which was enacted after the apex court passed orders that appointments would be made by a panel of the PM, CJI and the LOP to bring independence in the process. Several petitions were filed, including by MP Congress functionary Jaya Thakur, alleging that the new law amounts to abrogation of the Supreme Court order and paves the way for the government to appoint people from its “neighborhood” to this important post.Deliberations on the search, selection and appointment of Gyanesh Kumar (now CEC) and SS Sandhu as election commissioners in 2024 came under question, with the petitioner alleging it was done in haste just a day before a crucial apex court hearing, with the bench asking the Center to produce the original records before it. Kumar appointed election commissioner Election Commission of India on March 15, 2024, after his retirement on January 31.The court further explained that it is the executive government which is in a position of control in taking decisions on appointments to the election panel. It said the CJI is part of the panel to appoint the CBI director who also works to maintain law and order and maintain the rule of law. The court said that the role of the Election Commission is more important than that of the CBI as it is involved in maintaining democracy. “We do not say that the CJI should be there. But why not have an independent member? Why should it be from the ministry? Let us be very clear. Today the Prime Minister chooses a name. And LoP chooses the second one. There is disagreement. Then whose side will the third member take?” the bench said.Arguing that the court should refrain from venturing into legislative territory while deciding the validity of a law, the AG said there has never been any allegation on the CEC/EC of compromising and joining hands with the government. He said the country has never seen such a devastating or tragic experience when an Election Commissioner has failed to advance the rule of law and there is no reason to doubt the existing system.

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Gaya airport opened at night; soldier airlifted

Gaya airport opened at night; soldier airlifted

Went: Gaya airport was opened late on Wednesday night to facilitate emergency evacuation of a critically ill soldier from the Officers Training Academy (OTA) to Delhi. Indian Air Force Air ambulance.According to airport officials, Gaya airport director and air traffic control (ATC) in-charge Awadhesh Kumar received a call from Bihta Air Force Station late in the evening, demanding immediate activation of the airport for transfer of a patient requiring advanced treatment to Delhi.Since the airport’s ATC tower generally ceases operations after 5.30 pm, the request was initially rejected due to operational constraints. However, later the authorities approved it considering the seriousness of the medical emergency.Airport director Awadhesh Kumar said on Thursday, “Technicians and officers, who had already left after duty hours, were called back to resume operations and activate ATC services. At around 10 pm, an Indian Air Force air ambulance arrived from Lucknow and airlifted Selvan, a soldier posted at OTA, to Delhi for advanced treatment.”“As per information received from Army authorities, the soldier, who was suffering from liver failure, required immediate medical emergency care,” he said.Officials said emergency arrangements were made within a short time to ensure uninterrupted landing and take-off operations for the air ambulance. Airport staff reopened operational facilities and coordinated with Air Force authorities to complete the evacuation without any delay.The critically ill soldier was later airlifted to Delhi for specialized treatment.

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Iran asks UAE to ‘accept responsibility’ as tensions rise at BRICS meeting in New Delhi

'एक आक्रामक': नई दिल्ली में ब्रिक्स बैठक में तनाव बढ़ने पर ईरान ने यूएई से 'जिम्मेदारी स्वीकार करने' को कहाThe sharp increase came a day after the UAE refuted the Israeli Prime Minister’s claim benjamin netanyahu That he had visited the Gulf country during the Iran war. Iranian Foreign Minister Abbas Araghchi had earlier warned that “those who are trying to create division by colluding with Israel will be held accountable.” “I did not name the UAE in my (BRICS) statement for unity. But the truth is that the UAE was directly involved in aggression against my country,” Reuters quoted Iranian state media as saying. “When the attacks started they didn’t even condemn,” he said.“We must live together in peace and this requires peaceful relations and full understanding between the two countries,” Araghchi said.Additionally, Kazem Gharibabadi, Deputy Foreign Minister for Legal and International Affairs, later issued an even more forceful statement, accusing the UAE of helping facilitate attacks against Iran and stressing that Abu Dhabi “must accept responsibility for its actions.”“The UAE played a key role in supporting and facilitating military aggression against the Islamic Republic of Iran,” Gharibabadi said during the BRICS meeting. “Therefore, the party which itself has contributed to creating and escalating tensions has no legitimacy to make political allegations and claims against Iran,” he said, quoting the Iran Embassy in India.“The UAE is an aggressor, not just a participant in aggression,” he added, citing a 1974 UN General Assembly resolution.Gharibabadi claimed that Iran had warned Gulf countries, including the United Arab Emirates, before the conflict escalated that any assistance to US or Israeli operations would be met with retaliation. “We had no choice but to target all U.S. bases in the United Arab Emirates, or any facilities and installations in the United Arab Emirates in which the United States had a role or involvement,” he said, calling the attacks an act of “legitimate self-defense.”“You must accept responsibility for your actions,” he told the Emirati side directly, adding that Iran had presented more than 120 diplomatic notes and extensive documents to the UN Security Council, including alleged records of “every warplane that flew from the UAE.”Recalling their early efforts to reach out and warnings, he said, “Let me remind you that several days before the aggression began, because we had information about the possibility of attacks by the Israeli regime and the United States, we sent official messages to regional countries, including the United Arab Emirates. We warned them that if they assisted the aggressors and made their territories and facilities available to them, Iran would have exercised its legitimate right of self-defense by targeting those facilities in defense of its own country. There will be no option but to do it.The Iran War began with US and Israeli attacks on Iran on February 28, followed by Iranian missile and drone attacks on US bases and bases in the Gulf countries.The renewed war of words also threatens to complicate the consensus at the BRICS Foreign Ministers’ meeting in India. Iranian media cited Deputy Foreign Minister Gharibabadi as saying that there were already “problems and communications” in efforts to finalize the joint communiqué due to tensions with the United Arab Emirates.

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PBKS bounce back from fifth consecutive loss to win; MI registered its fourth win

पीबीकेएस बनाम एमआई मैच के बाद अद्यतन आईपीएल 2026 अंक तालिका: लगातार पांचवीं हार से पीबीकेएस को जीत की स्थिति में छोड़ दिया गया है; एमआई ने दर्ज की चौथी जीत

Tilak Verma helps MI beat PBKS by 6 wickets. (IPL photo)

New Delhi: Already removed Mumbai Indians The IPL 2026 points table was kept open with an impressive six-wicket win over Punjab Kings in Dharamshala on Thursday. Under Jasprit Bumrah for the first time in IPL history, MI recorded their fourth win of the season and reached their eight points tally, although they remained stranded in ninth place.This was Punjab’s fifth consecutive defeat and with every defeat their playoff chances are diminishing. PBKS, who led the points table for most of the first half of the league stage, are placed fourth with 13 points from 12 games but are now facing a must-win situation. Two wins from their remaining two matches will guarantee a playoff spot.Defending champions Royal Challengers Bangalore remain on top of the IPL 2026 points table after an impressive six-wicket win over Kolkata Knight Riders on Wednesday.At the business end of the league stage, RCB are on top with 16 points and an impressive net run rate of +1.053, leaving Gujarat Titans (16 points) behind on better NRR.The defeat left KKR stranded at eighth place, keeping its playoff hopes alive by a narrow margin. Their four-match winning streak ended against RCB.After RCB and GT, Sunrisers Hyderabad and PBKS occupy the remaining two playoff spots with 14 and 13 points respectively.The standings remain unchanged after Match 58 of the 70-match league stage.Chennai Super Kings Rajasthan are placed fifth with 12 points, ahead of Rajasthan Royals on better NRR, with both teams having three matches left.Below them, Delhi Capitals and KKR are still mathematically alive in the race for the playoffs. DC have 10 points from 12 matches, while KKR have nine points from 11.MI and Lucknow Super Giants are the only two teams to be eliminated so far this season.

IPL 2026 points table after PBKS vs MI match

Situation Team P w l N.R. score NRR
1 Royal Challengers Bangalore 12 8 4 0 16 +1.053
2 Gujarat Titans 12 8 4 0 16 +0.551
3 Sunrisers Hyderabad 12 7 5 0 14 +0.331
4 punjab kings 12 6 5 1 13 +0.355
5 Chennai Super Kings 11 6 5 0 12 +0.185
6 Rajasthan Royals 11 6 5 0 12 +0.082
7 Delhi Capitals 12 5 7 0 10 -0.993
8 Kolkata Knight Riders 11 4 6 1 9 -0.198
9 Mumbai Indians (E) 12 4 8 0 8 -0.504
10 Lucknow Super Giants (E) 11 3 8 0 6 -0.907

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Caring, courage and clinical excellence take center stage

टीएफएम 2026 पुरस्कार: देखभाल, साहस और नैदानिक ​​उत्कृष्टता केंद्र स्तर पर हैं The four-member jury, each of whom had a different clinical lens to evaluate the nominees, shared how they chose the winners for the 2026 awards. The selection of award winners involved a two-stage process. The first stage involved selecting the top two contenders from the entries received in the respective categories, before extensive deliberations on choosing the winner, who was selected through secret ballot. Importantly, where a conflict of interest existed, jurors withdrew from both discussion and voting. Professor and Head of Department of Pediatrics at ABVIMS and Dr. RML Hospital. (Dr.) Dinesh Kumar Yadav underlined maternal care as a long-term investment for the country. “It’s not the safety of the birth process, it’s not the skilled manpower that is there, but the end result is that you have a healthy baby, who can grow up to be a good resource,” he said. With about 25 million annual births in India, Dr Yadav said the scope of assessment should be extended to adolescent health, nutrition and vaccination, which are the foundations laid long before a woman gets pregnant. For hospitals, Dr. Madhu Goyal, Director of Obstetrics & Gynecology at Fortis La Fame, analyzed the detailed checklist of NICU, blood bank, OT and LDR status, infection protocols, emergency response, rapid response teams, imaging facilities, fetal medicine specialists and more. However, she kept coming back to what the checklist couldn’t capture – women aren’t a percentage. “When an individual patient comes to you, they want everything to be perfect.” Dr. Goyal described a scenario that any physician would label a success – a premature baby, unexpected but ultimately healthy – that the mother had not experienced. Bridging that gap is about communication, he said. “The most important thing is communication.” Professor (Dr.) Manju Puri, Senior Professor of Obstetrics and Gynecology at SGT University, said that they evaluated the nominees through the lens of indicators while making a clear distinction between counting and measuring. For example, he said, the hemoglobin test is a process indicator, but whether the woman arrived at delivery without anemia is meaningful. “It’s not the numbers. There are numbers, big numbers in the public sector. “So those are the outcome indicators that we look at.” Dr Puri evaluated the nominees on maternal mortality rates, complication rates, perinatal outcomes, partogram maintenance, facility preparedness and response time and whether respectful care was provided. He explained that care costs nothing, while improving quality, in his framework, does not require large budgets or infrastructure changes. “This requires identifying what is broken, fixing the lowest hanging problems first, and sustaining improvement rather than treating it as a one-time exercise.” In Fertility and Fertility Care, Senior Director and Head of IVF and Reproductive Medicine at Max Group of Hospitals, Prof. (Dr.) Surveen Ghumman Sindhu evaluated the extent to which the centers provided care beyond clinical outcomes. “It’s not just the woman who is sad, the man is sad too. He’s in depression. So how many of us actually look at the husband and say, OK, I need to talk to you about things too.” Dr. Sindhu was equally vocal about language, for example, telling a patient that her IVF cycle failed was different from telling her that it wasn’t going to work this time. “Failed means she failed.” In their assessment, good fertility care begins three to six months before treatment, starting with pre-conception counseling, anemia correction, thyroid testing, and moving through how to communicate a negative result. The winners across the 13 categories of the Times Future of Maternity Awards 2026 were those who came closest to meeting this standard. In other words, it was not just about infrastructure and outcomes, but about the quality of care a patient experiences when things go according to plan and the quality of communication he or she receives when it doesn’t. Here is the complete list of winners in the gold, silver and bronze categories: 1.Comprehensive Maternity Hospital of the Year (regional)

  • Sagar Chandramma Hospital – silver
  • Cocoon Hospital – Bronze
  • Kamalnayan Bajaj Hospital – Bronze
  • Bhagirathi Neotia Women and Child Care Centre, Kolkata – Bronze

2.Nutritionist of the Year

  • Saloni Arora, Nutritionist and Founder, Femly – Gold

3.Reproductive and Reproductive Medicine Center of the Year

  • Ajanta Hospital and IVF Centre, Lucknow – Gold
  • Sagar Chandramma Hospitals & Fertility Center – Gold

4.High Risk Pregnancy and Maternal Critical Care Center of the Year

  • Aster Medcity, Kochi – Silver
  • MSD for Moms – Bronze

5.Baby Care Brand of the Year

  • R for rabbit – gold
  • Himalaya Wellness Company – Gold

6.Year of Neonatal Intensive Care Unit (NICU).

  • Neotia Bhagirathi Women & Child Care Centre, Newtown, Kolkata – Silver
  • Sagar Chandramma Hospital & Fertility Center – Silver

7.Best maternal and child hospitals in India for comprehensive care

  • Ankura Hospital – Sona

8.Maternal Health Policy, Advocacy and System Impact Award 9. Fetal Medicine Specialist of the Year

  • Dr. Vandana BansalSurya Hospital – Gold

10. Center of Excellence in Women’s Health 11.Fertility Specialist of the Year

  • Dr. Jayesh Amin – Bronze
  • Dr. Geeta Khanna, Ajanta Hospital and IVF Centre, Lucknow – Bronze

12.Transformational leader in maternal health care

  • Dr. V. Harshini, Raya Hospital – Silver
  • Dr. Sonal Jain Jaiswal – Bronze

13. Innovation in baby gear and baby safety

  • Grogether (Rimashi Lifestyle Pvt Ltd) – Gold

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Local people of Nalbari foiled an attempt to rob the magistrate, 2 arrested. guwahati news

Nalbari local people foiled attempt to rob magistrate, 2 arrested

Guwahati: One person each from Jharkhand and Uttar Pradesh was arrested on Thursday for allegedly attempting to rob a trial court magistrate in Nalbari district on Wednesday night, police said. Three-four members of the gang are still absconding.The accused are Ritesh Kumar from Jharkhand and Mahesh Kumar from Uttar Pradesh.Nalbari SSP Bibekananda Das said, “It was a gang of five to six people who attempted to rob Nitish Kumar Sarma, first class judicial magistrate of the Nalbari district and sessions judges’ court. All of them are from other states. Their aim may have been to take away the magistrate’s vehicle.”The SSP said that similar cases are registered against the arrested people in Jharkhand also. “It was a big gang and they came here for the purpose of robbery. They operate all over the country.”The incident took place around 7.30 pm on Wednesday near Ghograpar police station in Nalbari district. However, the robbery attempt failed when local people reached the spot, forcing the robbers to flee.The magistrate’s driver said, “We were going towards Ghograpar. The robbers overtook and stopped our vehicle on the national highway. When we stopped our vehicle, three masked men came out of the vehicle and were coming towards us. By then, local people came forward and intervened to help us.”

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Former Indian-origin CEO sentenced to 5 years in jail, asked to pay $125 million in $212 million fraud case in New Jersey

Former Indian-origin CEO sentenced to 5 years in jail, asked to pay $125 million in $212 million fraud case in New Jersey
Ultra-rich NRI Paul Parmar has been sentenced to five years in jail in a fraud case in New Jersey.

Paramjit Parmar, a 55-year-old Indian-origin man from New Jersey, has been sentenced to five years in prison, followed by three years of supervised release and payment of $125 million for his involvement in a large-scale conspiracy to defraud investors in connection with the purchase or sale of company securities. Parmar, also known as Paul Parmer, pleaded guilty in 2025.According to court documents, the fraud was committed between May 2015 and September 2017. Parmar and his conspirators, including Sotirios Zaharis alias, ‘Sam Zaharis’ and Ravi Chivukula, orchestrated an elaborate scheme to defraud a private investment firm and others of millions of dollars in connection with the financing of a transaction to take private a publicly traded healthcare company on the London Stock Exchange’s Alternative Investment Market.To fund the transaction, the private investment firm invested approximately $82.5 million and a consortium of financial institutions invested an additional $130 million, for a total of approximately $212.5 million. The co-conspirators used fraudulent means to greatly inflate the value of the Company and cause others to believe that it was worth much more than its true value.Parmar and the conspirators allegedly tried to raise millions of dollars from the public markets to finance the acquisition of various operating subsidiaries of the company. In reality, many of those entities either did not exist or had only a fraction of the operating income. Court documents state that the conspirators spent the proceeds of these secondary offerings through bank accounts they controlled and used the money for various purposes that had nothing to do with achieving the alleged goals. The conspirators made great efforts to make it appear that these funds were revenue, fabricating fake customers and altering bank statements to make it appear that the funds were coming from customers.The court said Parmar and his co-conspirators also manipulated and fabricated the bank records of subsidiaries to create a false picture of revenue streams and made misrepresentations and omissions to the private investment firm and others.Due to the actions of Parmar and his conspirators, the victims valued the company at more than $300 million for the purpose of financing a transaction to take the company private. The scheme was exposed in September 2017, when Parmar and his coconspirators resigned or were fired from their positions at the company. On March 16, 2018, the company and several of its affiliated entities filed for bankruptcy, attributing the company’s financial condition to a massive fraud scheme.

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