Former Tata Finance Managing Director Allegedly Commits Suicide

Agencies
July 6, 2017

Mumbai, Jul 6: Tata Finance's dismissed managing director Dilip Pandse allegedly committed suicide at his office here today, police said.suicide

The body of Pendse (61), who was fired by the Tatas in 2001 after his name cropped up in some illegal transactions, was found hanging from a ceiling fan at his private office on the first floor of Royal Grace Building in Dadar East this afternoon.

The body was sent for autopsy at Sion Hospital, said DCP Rashmi Karandikar, Mumbai police spokesperson.

The Matunga police have registered an 'accidental death report' and a probe is on, she said.

Earlier, Tata Motors chief executive Karl Slym and an ex-spokesperson of Tata Steel Charu Deshpande had committed suicide in 2014 and 2013, respectively.

While Slym, a US citizen, was the MD and CEO of Tata Motors at the time of his death, Deshpande was no longer associated with Tata Steel when he ended his life.

Slym jumped out of a posh Bangkok hotel window in January 2014. Thai investigators blamed the suicide on domestic issues, saying he had had a fight with his wife.

The 58-year-old Deshpande, a former journalist who had worked with The Daily, Indian Express, Economic Times and Business & Political Observer before moving to corporate communications at ICICI Bank and Tata Steel, was found hanging from the ceiling fan of his Vasai home on June 28, 2013.

He had worked with Tata Steel till April 2013. The case related to his suicide is being probed by the CBI.

In February 2003, Pendse, who was with Tata Finance for long, was arrested by the Delhi Police for alleged involvement in misappropriation of Rs. 2 crore.

A complaint had been filed on behalf of Inshaallah Investment, a Tata Finance subsidiary, alleging that Pendse issued cheques for Rs. 2 crore to brokers for payment of personal transactions of a former company director.

In October 2014, the markets watchdog Sebi had found Pendse guilty of illegal trades and banned him from accessing capital markets for two years.

Pendse was dismissed from Tata Finance in 2001 after the company arm ran huge losses and the group filed criminal charges against him.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
July 8,2020

Kanpur, Jul 8: The Special Task Force (STF) shot dead Amar Dubey in an encounter in Maudaha on Wednesday morning. Amar, a right hand man of gangster Vikas Dubey, who shot dead eight police personnel on Friday last, figured prominently in the list of wanted persons released by the Kanpur police on Tuesday.

He was a named accused in the massacre.

According to STF sources, the police team had received a tip off about Amar's presence in the district and when they tried to close in on him, the criminal opened fire on them, He was killed in retaliatory firing around 6.30.a.m,

Amar was reportedly heading towards the house of one of his relatives in Maudaha area.

"We asked him to surrender but he opened fire at us and was killed when we returned the fire," said an STF official.

Earlier, he had been hiding in Faridabad but moved out after police pressure increased there.

Amar Dubey was a trusted accomplice of Vikas Dubey and the police had announced a reward of Rs 25,000 on him after the Kanpur massacre.

Incidentally, reports claim that Vikas Dubey was also seen at a hotel in Faridabad on Tuesday night but fled before the police could close in on him.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
August 9,2020

Vijayawada, Aug 9: The number of those killed in the fire at a hotel being used as a COVID-19 facility in Vijayawada rose to 10 on Sunday, said Vikrant Patil, Deputy Commissioner of Police.

Meanwhile, the Andhra Pradesh government announced Rs 50 lakh ex-gratia each to the families of those who lost their lives in the incident.

According to Andhra Pradesh Chief Minister's Office (CMO), Chief Minister YS Jagan Mohan Reddy also ordered an in-depth probe into the accident and directed authorities to take steps to ensure better medical services to the victims of the accident.

"The hotel was taken on lease and run by Ramesh Hospitals, a private hospital where COVID-19 patients were being treated. 40 patients and 10 medical staff were at the hotel at the time of the incident. 

Officials were directed to launch immediate rescue measures," said Mekathoti Sucharitha, Andhra Pradesh Home Minister Prime Minister Narendra Modi also condoled the loss of the lives in the fire mishap and spoke to Chief Minister Jagan Mohan Reddy over the phone and enquired about the accident.

The mishap took place in hotel Swarna Palace which was taken on lease and run by a private hospital for COVID patients.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 7,2020

Palghar, Mar 7: Police have arrested a man for allegedly cheating several shopkeepers in Maharashtra's Thane, Pune and Nashik by making phone calls in a woman's voice, police said on Friday.

The accused, Shashikant Ambekar (42), a resident of Palghar, was arrested in the last week of February, they said.

"He used to note down the phone numbers mentioned on different shops and call the owners in a woman's voice to order some things from them. He would tell them that he had a Rs 2000 currency note and needed change," an official said.

"He would ask the shopkeepers to send smaller denomination notes for exchange. He would wait at the entrance of buildings and when the delivery man arrived, he used to tell that he was there on behalf of the ''caller woman''.

"He would then take the currency notes from the delivery man saying he would get the Rs 2,000 note from the woman. However, he would disappear from the scene," the official said.

Police have seized Rs 1,85,000 from the accused and found that so far he has committed 22 similar crimes in different parts of the state.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.