Maharashtra
Diamantaire Nirav Modi’s HCL House price slashed, DRT orders re-auction in Feb
Finding no takers for fugitive diamantaire Nirav D. Modi’s one property, its price has been slashed and the DRT has ordered its re-auction, along with certain other prime assets, in one of the cases pertaining to the Punjab National Bank (PNB) scam.
Last week, the DRT-I Recovery Officer Ajeet Tripathi put up the HCL House in Marol for e-auction — plus three other lots of properties — to recover a portion of the outstanding of a staggering Rs 22,13,16,39,411.
When it went on the block in September 2022, the unsold HCL House, comprising the entire building with the land, carried a reserve price tag of Rs 52 crore, which has now been slashed to Rs 40 crore, as per the DRT-I announcement.
Besides, the DRT-I has put on the auction block other assets of Modi, including Offices No. 2001-2002 on the 20th floor of the posh Peninsula Park B in Lower Parel with a reserve price of Rs 66 crore, plus over Rs 1.72 crore outstanding maintenance dues till December 2021.
Another property of Modi, the 6th floor of the Mafatlal Centre in Nariman Point along with four parking slots will also go under the e-hammer with a reserve price of Rs 62 crore, besides unpaid maintenance charges for five years coming to over Rs 1.17 crore till May 2022.
Modi’s huge residential 4-BHK flat in Grosvenor House at Peddar Road is going up for auction sale with a reserve price of Rs 15.87 crore, further details of which are not available. Modi also has another address in the prestigious Al Shera Towers, Dubai.
The encumbrances or outstandings on HCL House and Grosvenor House are not known and all the properties shall be auctioned off on the basis of ‘as is where is’ and ‘as is what is’.
The e-auction is scheduled for February 10 — a week after the DRT-I ordered the sale of Modi’s two tony flats in the YOOPUNE housing scheme in Pune, valued at a total of Rs 18 crore, on February 3.
In the fresh auction list concerning PNB versus Firestar International Ltd, the names figuring are Modi and his group companies like Bentley Properties Pvt. Ltd., MAK Business Enterprises Pvt. Ltd., ANM Enterprises Pvt. Ltd., NDM Enterprises Pvt. Ltd., Neeshal Trading Pvt. Ltd. — all operating from a common address at Opera House.
The other companies are: Firestone Trading Pvt. Ltd., Paundra Enterprises Pvt. Ltd. and Radashir Jewellery Co. Ltd. — all registered in a single address at the Bharat Diamond Bourse (BDB) in Bandra Kurla Complex.
The February 3 and 10 e-auctions may help the PNB and a consortium of around 15 banks to recover a miniscule portion of massive dues, pending since the past five years after the country’s mega-banking scam was admitted by these banks in February 2018.
After the PNB’s complaint on the scam, estimated at over Rs 14,000 crore, the Central Bureau of Investigation (CBI) registered the first offence in January 2018 — but by then Modi, his wife Ami and other accused had already fled India.
Later, other probe agencies like Enforcement Directorate (ED) and Income Tax Department (ITD) entered the picture targeting the two prime accused — Modi and his maternal uncle Mehul C. Choksi — but both had flown the coop well before the scam erupted to shake the roots of the Indian banking sector.
Later it came to light that Modi was holed up in London and Choksi has cosily settled as a citizen of Antigua & Barbuda Isles, West Indies, and both are awaiting their extradition to India — expectedly soon.
In the past, the ED-ITD had auctioned off certain movable and immovable assets — like properties, expensive paintings, artefacts, high-end vehicles, etc., — to recover small amounts of its dues.
“Proclamation of Sale under Rules 38, 52(2) of the Second Schedule of the Income Tax Act, 1961, read with the Recovery of Debts Due to Bank and Financial Institutions Act, 1993,” said the latest DRT-I order of January 5.
Business
Navi Mumbai Airport expands multimodal transport network ahead of winter flight schedule

Ahmedabad, Oct 5: Navi Mumbai International Airport (NMIA) is strengthening its public transport and ground mobility infrastructure ahead of the Winter Schedule 2026-27, with a wider network of buses, taxis, autorickshaws, car rentals, and airport shuttles aimed at improving connectivity across Mumbai, Navi Mumbai, Pune and the wider Mumbai Metropolitan Region, it was announced on Monday.
The airport, operated by Adani Airport Holdings Limited (AAHL), is preparing for the Winter Schedule that will run from October 25, 2026, to March 27, 2027.
As part of the expansion, the Maharashtra State Road Transport Corporation (MSRTC) will launch e-Shivai electric bus services from NMIA on October 7.
The first phase of MSRTC services will connect the airport with Dadar, Borivali and Pune. Fares from NMIA have been set at Rs 450 for Pune, Rs 210 for Borivali, and Rs 170 for Dadar East. Children below 12 years and women travelling with a National Common Mobility Card will be eligible for a 50 per cent fare concession.
The Dadar-NMIA service will operate through Sion and Atal Setu, while the Borivali-NMIA route will connect CSMIA Terminal 1, Bandra, and Atal Setu. The Pune route will have two daily services, with one operating in the morning and another in the afternoon. MSRTC also plans to introduce services connecting NMIA with Thane and Nashik by mid-November.
Private bus operator Chalo Bus is already providing 21 daily services connecting NMIA with Marol in Andheri East, Bandra, Dadar, and the World Trade Centre in Colaba. The operator is also adding capacity during peak periods to cater to passenger and airport employee movement.
Within Navi Mumbai, Navi Mumbai Municipal Transport (NMMT) is operating seven dedicated airport routes, A1 to A7, linking Terminal 1 with Kharkopar, Targhar, Belapur, Nerul, Panvel, Khandeshwar and the Airport Project Office. Services between Belapur and Nerul are available every 15-20 minutes during peak hours, while further connectivity to Vashi and Panvel is planned.
The airport is also expanding taxi and last-mile connectivity. Uber Go and Uber Premier will provide app-based cab services, while Uber Auto will cater to passengers seeking on-demand autorickshaw services for shorter journeys. Prepaid taxi and autorickshaw facilities, along with car rental services, are also being introduced at the airport.
Bharat Taxi is scheduled to begin operations at NMIA from October 10 with a dedicated fleet of up to 40 vehicles, adding another option for passengers travelling to and from the airport.
A complimentary inter-airport shuttle service is also being introduced between NMIA and Chhatrapati Shivaji Maharaj International Airport (CSMIA). Operated by Cityflo, Aarya and Chalo, the shuttle will run every hour and provide passengers with a direct transfer option between Mumbai’s two airports.
Overall ground transport capacity at NMIA is being scaled up to 4,594 vehicles and services, including 3,787 app-based taxis, 184 car rentals, 171 autorickshaws and 547 buses. The airport is also deploying mobility signage, improved wayfinding systems and on-ground passenger assistance, with designated areas for buses, shuttles, arrivals, departures and private vehicles.
Maharashtra
Man arrested in Mumbai for defrauding senior citizens and others using fake APK files.

In a case involving the defrauding of a 72-year-old senior citizen in Mumbai on August 13, an unidentified caller—posing as Dinesh Kumar, a Senior Manager at Bank of India—gained the victim’s trust by promising to facilitate the issuance of a Senior Citizen Card. The caller sent an APK file named “Senior Citizen Card http://Verification.apk” to the complainant’s WhatsApp and coerced them into entering personal and bank debit card details, resulting in the misappropriation of ₹5,62,000. Initially, the Byculla Police Station registered a case (No. 497/26) under Sections 318(4) and 319(2) of the BNS and Sections 66(C) and (D) of the Information Technology Act, 2000. While the Property Cell of the Mumbai Crime Branch was conducting a parallel investigation, senior officials ordered the transfer of the case to the Crime Branch; it was subsequently re-registered as Case No. 927/2026 for further investigation.
A thorough technical analysis of the aforementioned APK file was conducted, leading to the identification and arrest of the accused—a 36-year-old male software developer and resident of Madhya Pradesh—who was responsible for developing the fraudulent APK file. During a raid on the accused’s office in Madhya Pradesh, authorities recovered a pen drive, a CPU, three hard disks, a Wi-Fi router, and three mobile phones. Preliminary technical analysis revealed that the accused was utilizing servers from various service provider companies. Investigation confirmed that the accused had created and sold a total of 2,805 malicious APK files to other cybercriminal gangs. These files were used to defraud 9,673 people across India. Complaints regarding these incidents have been registered on the cyber helpline number 1930—specifically 1,074 nationwide, 143 in Maharashtra, and 36 in Mumbai—revealing a total fraud amount of ₹15.75 crore. Cases have been cracked involving 88 incidents across India, 8 in Maharashtra, and 5 in Mumbai.
This successful operation was executed by a team comprising Police Commissioner Devin, Joint Police Commissioner Anil Kumbhare, Additional Commissioner Krishna Kant Upadhyay, DCP (Crime) Raj Tilak Roshan, and the Crime Branch. DCP Raj Tilak Roshan stated that this action was taken in response to fraud targeting the elderly under the guise of issuing senior citizen cards; the police also regularly conduct awareness campaigns among the elderly regarding this issue.
Maharashtra
MPSC paper leak row: Maha CM seeks Guv’s nod for judicial probe

Mumbai, Oct 5: Responding to escalating protests by competitive examination aspirants, Maharashtra Chief Minister Devendra Fadnavis on Monday formally recommended that Governor Jishnu Dev Varma constitute a high-level inquiry panel to initiate proceedings against current and former members and chairpersons of the Maharashtra Public Service Commission (MPSC) under Article 317 of the Constitution.
The Chief Minister proposed that a committee headed by a retired High Court judge investigate the allegations and submit a comprehensive report within three months to determine subsequent action.
CM Fadnavis highlighted that removing MPSC officials, who hold constitutional posts, requires a strict procedure.
Under Article 317, removal can only take place following a formal inquiry and subsequent action involving the President of India and the Supreme Court.
Following assurances given during discussions between the Chief Minister and a delegation of student representatives, MPSC Secretary Mahendra Harpalkar has been officially relieved of his duties.
Agitation intensified across Pune after a paper leak was confirmed in the Drug Inspector examination conducted by the MPSC for the Food and Drug Administration (FDA).
Investigations revealed that three candidates had directly benefited from the leak. All three candidates and several alleged accomplices have since been arrested.
Aspirants led by MLA Rohit Pawar have been protesting at multiple locations in Pune, demanding the immediate resignation of MPSC Chairman Vivek Bhimanwar, who assumed office in early 2026.
The demonstrations also reflect ongoing student concerns regarding the examination pattern, particularly the issue of multiple-choice questions versus descriptive formats, as well as broader questions of administrative accountability.
Students have been demanding the resignation of the MPSC chairperson, with opposition parties extending full support to the protest movement.
The movement now appears to have achieved a breakthrough with Chief Minister Devendra Fadnavis’ formal recommendation to Governor Jishnu Dev Varma.
Meanwhile, amid the ongoing controversies surrounding MPSC examinations, Shiv Sena MLA Sanjay Gaikwad publicly criticised his own government on Sunday.
Making serious allegations against the MPSC Board, he demanded that the board itself be dissolved.
He also said that he would hand over his evidence and a formal letter directly to the Chief Minister.
The state government’s latest measures aim to restore candidates’ trust by establishing a time-bound, independent judicial inquiry into the commission’s administrative functioning.
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