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.

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Agencies
January 16,2020

Cuttack, Jan 16: At least 15 passengers were injured as five coaches of the Mumbai-Bhubaneswar Lokmanya Tilak Express derailed and three more were displaced after colliding with a goods train amid heavy fog near Cuttack in Odisha on Thursday, railway officials said.

Railway officials had earlier said that 25 passengers were injured in the incident but later officers who reached the site reported that four passengers were found to have suffered major injuries and 11 had received minor injuries.

Passengers with major injuries have been sent to Cuttack Medical College. All passengers are stated to be out of danger.

Officials said the accident happened when the passenger train hit the guard van of a good train around 7 am between Salagaon and Nergundi stations.

The officials said there was heavy fog at the site but it was not clear what led to the accident. The speedometer of both the trains have been seized for inquiry, East Coast Railway Spokesperson J P Mishra said.

Buses have been arranged for all remaining passengers to move towards their destination.

Cuttack is around 10-12 km away and Bhubaneswar(Terminating station) is 35 km.

The accident disrupted train services in the area.

Five trains have been affected due to the accident where restoration work in underway. These include the Bhubaneswar-Mumbai LTT SF Express, the Puri-Rourkela Express, Dhanbad-Bhubaneshwar Rajyarani Express which have all been diverted via Naraj.

"East Coast Railway acknowledges with deep gratitude help of nearby locals and villagers who have displayed great humanitarian values and come to the rescue of injured passengers," Mishra said.

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News Network
April 12,2020

Bengaluru, Apr 12: Two police officials have been booked for murder in connection with the alleged custodial death of a theft accused in Bengaluru rural district, police said on Saturday.

A case of murder has been registered against inspector Raghu and sub-inspector Rakesh C for the alleged custodial death of Munikulla on Friday afternoon, Superintendent of Police, Bengaluru rural district, Ravi D Channannavar told reporters.

"Yes. A case has been registered and transferred to CID," he said.

Munikulla, a resident of Nadavatti village, was picked up by the police on April 7, his wife Dhanalakshmi told the media on Saturday.

"Policemen took my husband with them. They beat him up and killed him," she said.

Alleging that Munikulla was a victim of police high- handedness, Hoskote MLA Sharath Bachegowda said he had lodged a complaint with the state DGP Praveen Sood demanding a CID inquiry into the case.

An FIR was registered against Munikulla on Friday evening based on a complaint by the cashier of the liquor store, who had claimed that the CCTV footage showed victim's involvement.

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Agencies
July 17,2020

New Delhi, Jul 17: The first FIR against Volkswagen and Audi in India for installing cheat devices in their cars to misrepresent emissions has been filed in Noida.

The FIR was filed by Noida resident Aniljit Singh against the top officials of Volkswagen and Audi in India and their headquarters in Germany. These include Rahil Ansari, Brand Director, Audi India, Balbir Singh Dhillon, Head, Audi India, and Bram Schot, Chairman, Audi AG.

The FIR reviewed by media agency cites forgery, cheating and criminal conspiracy under various sections of the Indian Penal Code.

The complaint has cited the global emissions scandal where VW was found to be installing a cheat device in its cars, in the absence of which, the cars produced 10-40 times emissions beyond the permissible limits.

The complainant said that in 2018 he had purchased seven Audi cars worth crores of rupees. At the time of taking the delivery, the complainant said that he inquired if the cheat devices were installed in India and he was told by the company that they were not, as in India's emission norms were not as stringent and the country being a growing market for Audi, no such device was implanted.

The complaint said that the authorities in India observed that Audi cars' emissions for nitrogen oxide were 5-8 times the permissible limits and after the National Green Tribunal imposed a penalty of Rs 500 crore on VW, the complainant realised that he had been duped of his hard earned money.

He alleged that the accused persons had misrepresented the complainant by forging the documents and devices and caused wrongful gains to themselves and wrongful losses to the complainant. These officials had made wrong records to capture the market, with malafide intent and under a pre-planned conspiracy had induced and defrauded the complainant.

The accused persons are guilty of cheating the customers and have induced the complainant to part with hard earned money for sub-standard cars. The accused are also guilty of forging the documents on which they had sought various clearances.

The complainant has demanded that the allegations may be thoroughly investigated by a senior official.

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