Nirav Modi to be held in one of England's most overcrowded jails : Bulletin: Business Today
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Nirav Modi to be held in one of England's most overcrowded jails

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March 22, 2019

Nirav Modi to be held in one of England's most overcrowded jails; may share cell with other prisoners

Fugitive diamantaire Nirav Modi, arrested by Scotland Yard on behalf of the Indian authorities, will be held at a prison in south-west London considered one of England's most overcrowded jails. The 48-year-old, who appeared in the dock at Westminster Magistrates' Court in London on Wednesday in a sombre white shirt and trousers, was taken to Her Majesty's Prison (HMP) Wandsworth after he was remanded in custody until March 29 by District Judge Marie Mallon.

SBI asks Naresh Goyal, his wife, two directors to step down from Jet Airways board as airline's financial woes deepen

It may soon be an end of the road for cash-strapped Jet Airways, as it fails to come out of the existing financial crises. After reports that Etihad was more interested in exiting the company than helping it revive, state-owned State Bank of India (SBI) has now said it would be in everybody's interest that Jet Airways continues to fly. The bank has asked Naresh Goyal and three other company directors to step down from the Jet Airways board. SBI has, however, not shown much enthusiasm in buying 24 per cent stake reportedly offered by Jet's UAE-based partner Etihad. The Gulf carrier, a jittery participant in recent bailout discussions, signalled its decision to exit Jet after a meeting between its CEO Tony Douglas and SBI Chief Rajnish Kumar.

Lok Sabha elections 2019: BJP releases first list of 184 candidates; Narendra Modi to contest from Varanasi

Prime Minister Narendra Modi will contest the Lok Sabha election from Varanasi, the seat he represents in Parliament, BJP president Amit Shah will fight from Gandhinagar in place of veteran leader L K Advani as the party Thursday announced its first list of 184 candidates for the general election.

IndiGo continues to recruit expat and 'out-of-job' pilots

At a time when Jet Airways is facing financial difficulties, India's budget carrier IndiGo has said that it continues to engage in recruiting expat as well as "out of job" pilots in India. IndiGo is facing acute shortage of commanders amid aggressive expansion of its fleet. The carrier has more than 210 planes in its fleet. It is offering jobs to pilots of Jet Airways along with compensation for overdue salaries from the cash-strapped full service airline, IndiGo said on March 12. Shortage of trained and experienced pilots has been an issue for domestic airlines amid capacity expansion to meet rising passenger traffic.

Christchurch mosque massacre: New Zealand bans military type semi-automatic weapons after its worst mass shooting

New Zealand will ban military-style semi-automatic and assault rifles under tough new gun laws following the killing of 50 people in the country's worst mass shooting, Prime Minister Jacinda Ardern said on Thursday. In the immediate aftermath of last Friday's shootings at two mosques in Christchurch, Ardern labelled the attack as terrorism and said New Zealand's gun laws would change.

No political campaign to be allowed on major social media platforms in last 48 hours before polls

No political campaign will be allowed to run on major social media platforms, including Facebook, Twitter and WhatsApp, in the last 48 hours before polling ends, according to a voluntary code of ethics prepared by such platforms. These platforms submitted the code to the Election Commission (EC) on Wednesday.

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