No role of Bank of India employees in scam: CBI in Winsome Diamond case

No role of Bank of India employees in scam: CBI in Winsome Diamond case


The CBI has found no role of any Bank of India (BoI) officers in the conspiracy to pull off the alleged fraud of ₹82.55 crore orchestrated by absconding diamantaire Jatin Mehta, who is accused of siphoning off about ₹4,600 crore from multiple banks, officials said Thursday.

The investigating agency has concluded that the BoI officials did not indulge in any corrupt activity in the scam executed by Mehta and his company, Winsome Diamonds & Jewellery Limited, they said.

The CBI will soon be filing a charge sheet against the jeweller, who is understood to be in London, and his accomplices in the case registered under the provisions of the Indian Penal Code, they said.

“No incriminating material in respect of offences under Prevention of Corruption Act has been found against any public servant. Now, prosecution intends to file the charge-sheet only against private persons for the offences under provisions of Indian Penal Code…,” an official in the know of developments said.

The central probe agency had registered the FIR in 2019, alleging that the accused persons, including unidentified bank officials, entered into a criminal conspiracy during 2012-13 and defrauded BoI to the tune of ₹82.55 crore.

The accused got four Standby Letters of Credit issued to overseas bullion banks, Standard Bank PLC and the Bank of Nova Scotia, and a packing credit (short-term loan) from the bank. A Standby Letter of Credit (SBLC) is a bank’s guarantee to a third party if the bank’s client defaults on an agreement.

The BoI had sanctioned Winsome Diamond and Jewellery credit facilities of ₹96 crore, which included ₹6 crore fund-based and non-fund-based ₹90 crore through SBLC in 2012-13.

The agency has alleged that the purported buyers controlled by Mehta’s accomplice, UAE-based Haytham Salman Ali Abu Obeidah, in connivance with the jeweller and others, had willfully defaulted their payments, which led to the invocation of SBLCs by the bullion banks, causing wrongful loss of ₹82.55 crore to Bank of India.

Published on April 17, 2026



Source link

‘मेरे कैच से ही पासा पलटा…’, मुंबई इंडियंस को हराकर क्या बोले PBKS के कप्तान श्रेयस अय्यर, जा

‘मेरे कैच से ही पासा पलटा…’, मुंबई इंडियंस को हराकर क्या बोले PBKS के कप्तान श्रेयस अय्यर, जा


हार्दिक पांड्या का कैच रिकॉर्ड में जेवियर बार्टलेट के नाम दर्ज हुआ, लेकिन इसमें 100 प्रतिशत एफर्ट श्रेयस अय्यर का था. उन्होंने बॉउंड्री लाइन पर गेंद पकड़कर हवा में ही गेंद को मैदान की तरफ फेंका, जिसे बार्टलेट ने आसानी से पकड़ लिया. सूर्यकुमार और रोहित शर्मा भी ये देखकर हैरान रह गए. हार्दिक 12 गेंदों में 14 रन बनाकर आउट हो गए. हार्दिक के विकेट से पहले लगा था कि मुंबई 220 तक पहुंच जाएगी.

जीत के बाद श्रेयस अय्यर ने कहा, “आगे के मैचों के लिए हम आत्मविश्वास से भरे और आशावादी हैं. हम अच्छा खेल रहे हैं. हम जानते हैं कि हर मुकाबला महत्वपूर्ण है. यह एक टीम की कोशिश है, और हमें एक शानदार जीत मिली है, इसकी खुशी है.”

प्रभसिमरन की तारीफ

अय्यर ने आगे कहा, “प्रभसिमरन ने अपने खेल का स्तर काफी ऊंचा कर लिया है. पिछले संस्करण को देखें तो, जहां वह बेधड़क होकर खेलते थे, रन बनाते थे और टीम को बेहतरीन शुरुआत देते थे. अब उनमें परिपक्वता आ गई है और वह मैचों को फिनिश भी कर रहे हैं.” अय्यर ने हंसते हुए कहा मेरा कैच ही मैच का पासा पलटने की कुंजी था. अय्यर ने खुशी जताई कि अब तक टॉस जीतने के मामले में उनकी टीम खुशकिस्मत रहे है.

यह भी पढ़ें- हार से बौखलाए हार्दिक पांड्या ने कहा- ‘कहने के लिए कुछ नहीं क्योंकि…’

PBKS के फैंस की संख्या बढ़ रही है

श्रेयस अय्यर ने कहा, “हमारी टीम में कई ऐसे सकारात्मक खिलाड़ी हैं जो मैदान पर उतरकर अपना 100 प्रतिशत प्रदर्शन करने के लिए पूरी तरह तैयार हैं. आपको हर मैच के साथ बेहतर होते रहना होगा, खुद पर ध्यान देना होगा, और यही वह मंत्र है जिसका हम लगातार पालन कर रहे हैं. मैंने देखा है कि दर्शक भारी संख्या में स्टेडियम आ रहे हैं, और हमारी फैन फॉलोइंग भी लगातार बढ़ रही है. अपने फैंस को हम पर इतना प्यार बरसाते हुए देखना सचमुच बहुत अच्छा लगता है.”

यह भी पढ़ें- बीच मैदान हुई हार्दिक पंड्या और जसप्रीत बुमराह की ‘भयंकर’ लड़ाई? रोहित शर्मा भी दिखे परेशान

पहले नंबर पर पहुंची पंजाब किंग्स

पंजाब किंग्स ही एकमात्र ऐसी टीम है जो IPL 2026 में अभी तक एक भी मैच नहीं हारी है. श्रेयस अय्यर की कप्तानी में टीम ने 5 मैच खेले और 4 जीते हैं. एक मैच बारिश की वजह से रद्द हुआ था. अंक तालिका में पंजाब 9 अंकों के साथ पहले स्थान पर है.



Source link

Gift Nifty suggests negative start for equities

Gift Nifty suggests negative start for equities


GIFT Nifty:

The GIFT Nifty April 2026 futures currently traded 37.50 points lower, suggesting a red opening for the benchmark index today.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 382.36 crore, while domestic institutional investors (DIIs) were net sellers to the tune of Rs 3,427.75 crore in the Indian equity market on 16 April 2026, provisional data showed.

The FIIs had sold shares worth Rs 39,907.30 crore in April (till 16 April 2026). This follows their cash sales of Rs 122,540.41 crore in March, Rs 6,640.78 crore in February and Rs 41,435.22 crore in January 2026.

Global Markets:

 

Asia markets traded lower Friday, as cautious optimism over the Middle East conflict tempered sentiment, diverging from Wall Streets record-setting rally.

The U.S. President Donald Trump on Friday said that the war in Iran should be ending pretty soon, reiterating rosy predictions about the end of the conflict.

Hours earlier, Trump confirmed that Israel and Lebanon had agreed to a 10-day ceasefire. Irans parliament speaker has said that Israel halting attacks on Lebanon is a key condition for U.S.-Iran negotiations to start.

The next round of in-person talks between the U.S. and Iran may occur probably, maybe, next weekend, Trump reportedly said on Thursday. A two-week ceasefire between the U.S. and Iran will expire on April 21.

Meanwhile, Japans export credit agency, the Japan Bank for International Cooperation, will set up an investment window of up to 600 billion yen ($3.8 billion) to help Asian countries secure energy supplies, Finance Minister Satsuki Katayama said.

Overnight on Wall Street, the S&P 500 and Nasdaq Composite rose to fresh all-time highs on Thursday, adding to their strong gains this week on optimism for a possible resolution to the Iran war.

The broad market index gained 0.26% to close at 7,041.28, while the Nasdaq gained 0.36% to settle at 24,102.70. The Dow Jones Industrial Average added 115 points, or 0.24%, and ended at 48,578.72.

Stocks have risen in recent days on hopes for an eventual peace deal between the two nations. The S&P 500 kicked off the week by wiping out all of its losses since the beginning of the Iran war.

Even if a U.S.-Iran peace deal were to come to fruition in the near term like investors anticipate, there could still be some market volatility approaching due to the wars potential impact on the U.S. economy.

Domestic Market:

The headline equity indices erased early gains to end marginally lower in a volatile session on Thursday. Tracking positive global cues, the markets opened higher on optimism around a potential US-Iran peace deal and held gains in the first half.

However, selling pressure in the latter half wiped out intraday advances, pulling the Nifty 50 below the 24,200 mark. Private banks and auto stocks led the decline, while metal and IT shares provided some support.

Volatility remained elevated due to the weekly expiry of Sensex derivatives and the ongoing Q4 earnings season, with investors closely monitoring signs of de-escalation between the United States and Iran.

The S&P BSE Sensex declined 122.56 points or 0.16% to 77,988.68. The Nifty 50 index fell 34.55 points or 0.14% to 24,196.75.



Source link

Jasprit Bumrah’s nightmare start to IPL 2026: 5 matches, 0 wickets, big questions, what’s gone wrong?

Jasprit Bumrah’s nightmare start to IPL 2026: 5 matches, 0 wickets, big questions, what’s gone wrong?


Jasprit Bumrah’s wicketless run in IPL 2026 is not a sudden collapse but a combination of tactical drift, workload management, and how teams are now playing him. Across his first five matches for Mumbai Indians, Bumrah has gone without a single wicket, something unprecedented in his IPL career. More importantly, batters are no longer looking to dominate him, they are simply neutralising him. That shift alone explains a large part of this downturn. From years of observing elite fast bowlers, this phase looks less like decline and more like a recalibration gone slightly off track.

The Biggest Red Flag: Overuse of Variations


Add Zee News as a Preferred Source



The most glaring issue is Bumrah’s current bowling mix. Former India cricketer Irfan Pathan pointed out that nearly 40 to 45 percent of his deliveries this season have been slower balls. That is unusually high for a bowler whose biggest weapon has always been pace deception rather than pure variation.

Bumrah at his peak thrived on contrast. A 140+ kmph yorker followed by a disguised slower ball made him unplayable. Now, with his average speed hovering closer to 130 kmph, that contrast has diminished. The slower ball is no longer a surprise. It is expected.

For a batter at this level, predictability is everything. Once they sense a pattern, even the best bowlers start to look ordinary.

Batters Are Playing Him Differently — And Winning

This is where the tactical battle has tilted. Earlier, teams feared Bumrah. Now, they are respecting him, but in a calculated way.

Instead of attacking him, batters are doing three things:

  • They are seeing off his spell
  • They are avoiding high-risk shots
  • They are targeting other bowlers

This approach has effectively removed Bumrah from the game as a wicket-taking threat. In T20 cricket, if you are not taking wickets, you are not dictating terms.

It is a subtle but critical shift. Bumrah hasn’t necessarily bowled poorly in every game, but he hasn’t forced mistakes either.

Lack of Pressure From the Other End

Mahela Jayawardene made an important point recently. Bumrah’s effectiveness has always been tied to pressure from the other end.

Right now, Mumbai Indians are not picking early wickets consistently. That allows opposition teams to play Bumrah safely because there is no scoreboard or psychological pressure forcing risky shots.

In his peak IPL seasons, Bumrah often came on when wickets had already fallen. Batters had to take chances. Today, they don’t.

That changes everything.

Workload Management and Subtle Fitness Impact

Bumrah’s recent history cannot be ignored. His time at the BCCI Centre of Excellence was focused on managing recurring back concerns, something that has troubled him over the past few years.

Fast bowling is rhythm-dependent. Even a slight drop in intensity or confidence in the body can affect:

  • Run-up speed
  • Release point
  • Seam position
  • Execution under pressure

What we are seeing right now is not a breakdown, but a bowler operating at 85 to 90 percent of his peak. At this level, that small drop is enough to lose the edge.

Former India cricketer Mohammad Kaif has already flagged long-term concerns about workload and longevity. While that may be premature, it does highlight how finely balanced Bumrah’s body has to be managed.

Tactical Misuse by Mumbai Indians

There is also a strategic dimension that cannot be ignored. Under Hardik Pandya, Bumrah’s usage has lacked consistency.

He has been rotated between:

  • Powerplay overs
  • Middle overs containment
  • Death overs control

While versatility is a strength, great bowlers also need defined roles. Bumrah, at his best, is a strike bowler. This season, he has often been used as a defensive option to control runs rather than break partnerships.

That shift in intent is visible in his lengths and aggression levels.

The Numbers Tell a Story — But Not the Full One

His IPL 2026 figures so far:

  • 0 wickets in 5 matches
  • 164 runs conceded
  • 19 overs bowled
  • Economy rate around 8.6

On paper, the economy is not disastrous. But for a bowler of Bumrah’s calibre, wickets are the real currency. That column reading zero is what makes this phase stand out.

Why This Isn’t Panic Territory Yet

Having tracked Bumrah since his early IPL years, one thing is clear. He is a rhythm bowler. When he finds it, the turnaround is often sudden.

We have seen this pattern before in shorter dips:

  • A minor tweak in release point
  • A slight increase in pace
  • A shift in field setting

And suddenly, he goes from wicketless to unplayable within a week.

There is no technical flaw here that looks irreversible. The issues are tactical and situational, which are far easier to correct.

How Bumrah Can Turn This Around

The path back is straightforward, though execution will be key.

He needs to bowl quicker, not necessarily at full throttle, but enough to restore the pace differential that makes his variations lethal.

He must reduce his slower ball usage and go back to attacking lengths, especially with the new ball.

Mumbai Indians need to use him as a strike weapon, not just a defensive shield.

And crucially, the team needs wickets at the other end. Without that, even the best bowler becomes predictable.

The Bigger Picture: A Phase, Not a Fall

Every fast bowler, no matter how great, goes through a phase like this. For Bumrah, this is happening under the IPL spotlight, which amplifies everything.

But the fundamentals remain intact:

  • His action is still repeatable
  • His control is still elite
  • His game awareness is still among the best

What has dipped is impact, not ability. And in cricket, that is often the easiest thing to regain.



Source link

Gift Nifty suggests negative start for equities

ISGEC Heavy Engg inks MoU with Nigeria's NSDC to support sugar industry


ISGEC Heavy Engineering announced that it has signed a memorandum of understanding (MoU) with the National Sugar Development Council (NSDC), Federal Republic of Nigeria, for providing technical support for develoment of sugar plants in Nigeria.

The company will provide technical support for development of feasibility studies, preparation of cost estimates, assessment & valuation of assets, offering technical solutions and training related to greenfield and brownfield sugar plant projects in Nigeria.

National Sugar Development Council (NSDC), Nigeria is a Governmental Central Nodal agency which plays a central role in developing Nigeria’s sugar industry through policy formulation and regulation, including implementation of the National Sugar Master Plan, which guides domestic sugar production, investment, and backward integration initiatives.

 

The council also oversees major local sugar companies in establishing sugarcane cultivation projects aimed at reducing Nigerias heavy dependence on imported raw sugar. In addition, it promotes investments in the sector, ensures monitoring and compliance, and provides technical support through research, capacity building, and industry assistance.

Further, the NSDC works closely with the government to administer sugar import levies and duties, with proceeds directed toward strengthening local industry development and gradually lowering import dependence over time.

The company said it shall gain access to new business opportunities for sugar plant projects in Nigeria and have enhanced visibility in the sugar industry, both in Nigeria and the African continent.

ISGEC Heavy Engineering is a global leader in manufacturing, industrial projects, and sugar. On a consolidated basis, net profit came in at Rs 69.78 crore in Q3 FY26, soaring 247.7% from Rs 20.07 crore in Q3 FY25. Revenue from operations stood at Rs 1,738.56 crore in Q3 FY26, up 16.26%, compared with Rs 1,495.39 crore in Q3 FY25.

The counter shed 0.73% to end at Rs 1035.70 on the BSE.



Source link

YouTube
Instagram
WhatsApp