Investigations Financial News

Mutual fund investors have been jolted by the news that Quant Mutual Fund is under investigation by the Securities and Exchange Board of India (Sebi). The regulatory body has observed trading patterns that suggest front-running by someone associated with the fund. The Asset Management Company (AMC) has issued a pro forma statement, confirming the news and promising full cooperation with the probe.

criminal laws are to be implemented across the country from July 1, Union Minister Arjun Ram Meghwal said on Sunday that the three laws were necessary given the developments in technology and forensic science.

Bengal Police on Sunday registered a case after a video clip of a brutal assault on a couple allegedly engaged in an illicit relationship went viral, sparking widespread outrage. The man who was seen in the video beating up the two with a bamboo stick was allegedly a local TMC leader of Chopra in Uttar Dinajpur district where the incident occurred following a decision of a kangaroo court.

The Central Bureau of Investigation (CBI) arrested the owner of a private school in Godhra, Gujarat, on Sunday in connection with alleged malpractices in the NEET-UG exam.

A few years ago Klaus Schwab, the octogenarian founder of the World Economic Forum, decided the organization needed a youthful makeover. So he singled out a group of employees over 50 years old and instructed his human-resources chief to get rid of them all, according to people familiar with the matter. This, he explained, would lower the average age of the workforce.

Kashmir in connection with the Reasi terror attack case. The searches led to the seizure of various items showing linkages between the terrorists and overground workers (OGWs), a statement issued by the NIA said.

Indira Gandhi International Airport has faced significant disruptions following a tragic canopy collapse incident at Terminal 1 early Friday morning. The incident resulted in the unfortunate death of one individual and injuries to eight others, prompting Delhi International Airport Limited (DIAL) to suspend operations at Terminal 1 indefinitely.

Delhi High Court is scheduled to pass an order on July 1, 2024, on the maintainability ground of a plea moved by Kejriwal's close aide Bibhav Kumar seeking direction to declare his arrest by Delhi Police as illegal.

K Kavitha in CBI and ED cases related to the Excise Policy case on July 1, 2024.

accused arrested in connection with alleged malpractices at NEET-UG held at a school near Godhra in Gujarat in CBI custody till July 2. Gujarat police had arrested five people last month in the case. Of them, the Central Bureau of Investigation sought the custody of school teacher Tushar Bhatt, principal of Jay Jalaram School Purushottam Sharma, and middlemen Vibhor Anand and Arif Vohra.

Jharkhand Chief Minister Hemant Soren on Saturday slammed the BJP for allegedly hatching a conspiracy against him and claimed that the saffron party will be wiped out from the state after the upcoming assembly elections. Addressing JMM workers at his residence, Soren said there would be a «revolt against those who plotted the conspiracy» to confine him in jail and «people of Jharkhand would not spare the BJP». «Time has come to put the last nail in BJP's coffin. In coming days, the BJP will be wiped out from Jharkhand,» the JMM executive president said.

Rouse Avenue Court on Saturday reserved its order, denying immediate relief to Delhi Chief Minister Arvind Kejriwal in the liquor policy case. Kejriwal was sent to a three-day CBI custody on Wednesday in connection to the liquor policy case. The CBI filed and application to send Kejriwal into judicial custody after his police custody period was over.

expense ratio represents the total cost of investment to the investors who actually invests in a mutual fund. This denotes the percentage that an investor pays to the fund house as a fee to manage your investments. In other words, it is the per-unit cost of running and managing the mutual fund. The expense ratio differs from fund house to fund house. The expense ratio is calculated as a percentage of daily investment value. Expense ratio has three different components which includes fund manager’s fee, audit fee, marketing/distribution fee.

heavy rainfall of Friday morning, a canopy collapsed at the Terminal 1 of Indira Gandhi International Airport (IGI) and it resulted in the death of a cab driver and multiple injuries, severely disrupting flight operations. Eyewitnesses recounted a near-catastrophe as approximately 100 people were present during the collapse, narrowly escaping harm when the canopy tilted before crashing down. The deceased, identified as Ramesh Kumar (45) from Vijay Vihar, Rohini, had just completed dropping off a passenger when the structure collapsed. Legal and Technical Investigation

Sanjay Raut launched a scathing critique against Prime Minister Narendra Modi following the 2024 Lok Sabha election results, calling the outcome a «personal loss» for the Prime Minister. Highlighting BJP's earlier claims of securing over 400 seats, Raut said, «The mandate received in Lok Sabha elections 2024 is a personal loss of PM Modi. PM Modi made claims of winning 400 plus seats but what happened, Rahul Gandhi defeated PM Modi. Before forming the government he should have done some self-introspection. The nation needs a leader who takes everyone along.» On Former Jharkhand CM Hemant Soren getting bail, Raut said that it is connected to Rahul Gandhi becoming the Leader of the Opposition and the increasing power of the opposition.

CBI custody. Kejriwal was arrested by the Central Bureau of Investigation (CBI) in connection with the Delhi government's excise policy. On March 21, he was arrested by the Enforcement Directorate (ED) in a money-laundering case linked to the now-scrapped policy. He was granted bail by a trial court that was stayed by Delhi High Court. The protesters assembled at the AAP office close to the BJP headquarters on DDU Marg and raised slogans against the saffron party while demanding Kejriwal's release.

Delhi ahead of their protest against the arrest of the party chief and Delhi Chief Minister Arvind Kejriwal. Delhi Minister Saurabh Bhardwaj on Saturday said that the coordination between national agencies such as the Enforcement Directorate and Central Bureau of Investigation shows that the Central Government wants to ensure that Arvind Kejriwal stays in jail. «The coordination between ED and CBI shows that Central Government wants to ensure that Arvind Kejriwal stays in jail...We will raise our voice against it in the whole nation,» he said.

CBI was conducting searches at seven location in Gujarat in the NEET-UG paper leak case, officials said on Saturday. They said the operation began in the morning at the premises of suspects spread across four districts — Anand, Kheda, Ahmedabad and Godhra. The Central Bureau of Investigation (CBI) on Friday arrested the principal and the vice-principal of a school in Jharkhand's Hazaribagh and a journalist of a Hindi newspaper in connection with the National-Eligibility-cum-Entrance Test — Undergraduate (NEET-UG) paper leak, officials had said. Ehsanul Haque, the principal of Oasis School, was made the city coordinator of Hazaribagh for the medical entrance exam conducted by the National Testing Agency (NTA) on May 5, they said.

CPI General Secretary D Raja welcomed the decision to grant bail to former Jharkhand Chief Minister Hemant Soren in the alleged land scam case and said that his release would strengthen the INDIA bloc. D Raja said, «It is a welcome development. We did not agree when he was taken under arrest. The central government has been using central agencies to target the opposition parties, intimidate them and cripple their activities. Justice will prevail, and truth will prevail. He is one of the important leaders of INDIA bloc. His release will strengthen the INDIA bloc so that the undemocratic right-wing forces are defeated and the rights of people are safeguarded.» JMM MP Mahua Maji said that after 2014, there was a BJP government in the state and Hemant Soren conducted several rallies. People supported him and he formed the government.

Black Mirror Cafe in East Delhi's Vikas Marg area to celebrate her birthday, a TOI report stated.