Connect with us
Tuesday,16-September-2025
Breaking News

National News

More trouble for Yediyurappa as IT raids on his close aide unearth Rs 750 cr

Published

on

 The sensational findings of the Income Tax Department during the recent raids in Bengaluru and other places on former Chief Minister B.S. Yediyurappa’s close aide B.R. Umesh and others is a setback for the BJP veteran, party sources said.

During the search and seizure, undisclosed income of about Rs 750 crore was found. Out of this, an amount of Rs 487 crore has been admitted by the respective group entities as their undisclosed income. The searches which started on October 7 have been carried out at 47 premises spread across 4 states.

Former Chief Minister H.D. Kumaraswamy has made serious allegations that the IT raids have been conducted on the close aides of Yediyurappa only with an intention of giving him a ‘checkmate’ and taming him.

“Yediyurappa and Opposition leader Siddaramaiah met in Mysuru to plan how to weaken BJP in Karnataka. Anyone with little common sense could sense why close aides of Yediyurappa and his son B.Y. Vijayendra have been targeted by the IT department. It is being done with an intention to put brakes on Yediyurappa by the BJP,” he charged.

“I do not have any hesitation in saying this. BJP wants to control Yediyurappa,” he underlined. However, the findings of the raids have given a serious turn to the events as an in-depth probe is expected to be conducted into the misappropriation now.

During the search, unaccounted cash of Rs 4.69 crore; unaccounted jewellery and bullion valued at Rs 8.67 crore; and silver articles valued at Rs 29.83 lakh have been seized.

The Income Tax Department carried out search and seizure operations in the case of three major contractors based out of Bengaluru, engaged in the execution of irrigation and highway projects including B.R. Umesh, the aide of Yediyurappa for three days from October 7.

Sources explained that there are all chances of money trail reaching Yediyurappa as the raids were focused on projects of Irrigation department under the Water Resources ministry involving implementation of various projects more than Rs 20,000 crore.

IT department further claimed that one of the groups has admitted to having indulged in inflating labour expenses amounting to Rs 382 crore. Further, another group has been found to have taken accommodation entries, from non-existing paper companies to the extent of Rs 105 crore, which has been admitted by this group.

These huge misappropriations would attract investigation by the Enforcement Directorate (ED) in future, according to sources. Yediyurappa, who has begun to assert himself after stepping down as the Chief Minister now will have no other way but to fall in line with the party diktats, sources add.

Yediyurappa, despite being asked to step down from the top post, continues to be a mass leader and has a good hold on BJP legislators. Sources explain that he is disappointed with the party’s decision to corner him by not allowing him to take up a state tour and by not allocating cabinet berth to his son B.Y. Vijayendra.

Yediyurappa has all the capacity to cause damage to the prospectus of the BJP party in Karnataka in next assembly elections. Since BJP high command wants his support to come back to power but at the same time, it does not want to be under his shadow. Sources say that, with the IT raids, the party wanted to achieve these aims and findings of IT raids made the job of the party easier.

Meanwhile, the IT sleuths have conducted raids on the ‘Design Box’ company office and a hotel room where company owner Naresh Arora is residing. The company manages the social media platforms of powerful politicians in Bengaluru and also into the branding of politicians. The raids continued till midnight on Tuesday. Earlier it was said that the company is owned by Congress President D.K. Shivakumar. However, Shivakumar has denied it.

National News

‘Agar Hai Tumhari Aukat…’: AAP leader Saurabh Bhardwaj Slams Surya kumar Yadav, BCCI Over Pakistan Game In Asia Cup 2025

Published

on

Aam Aadmi Party leader and former Delhi minister Saurabh Bhardwaj slammed Suryakumar Yadav, BCCI for playing match against Pakistan In Asia Cup 2025. He even challenged them to donate the money earned from the India-Pakistan match to the widows of the martyrs in Pahalgam attack.

Speaking at a press conference, he said, ” Suryakumar Yadav agar tumhari aukat hai, tumhari BCCI ki aukat hai aur tumhari ICC ki aukat hai toh tumhe dusri chunati bhi dete hai. Jitna paisa tumne iss broadcast rights se kamaya hai, advertisers se kamaya hai aur iss pure dhande cricket se kamaya hai dedo uss shahido ki vidhwao ko uss 26 aurto ko. Hum bhi maan jayenge tumne dedicate kiya hai.”

(If you have guts, if your BCCI and ICC have guts, whatever money you earned from broadcasters and advertisers, give it to the widows of the martyrs)

Suryakumar Yadav during the post match interview that his team stands in solidarity with the Pahalgam terror attack victims and dedicatd the win to the Pahalgam victims and armed forces. He said, Perfect occasion, taking the time out we stand by the families of the victims of the Pahalgam terror attack. We express our solidarity. Want to dedicate the win to all our armed forces who showed a lot of bravery. Hope they continue to inspire us all, and we give them more reasons on the ground whenever we get an opportunity to make them smile,” 

There was a lot of chatter surrounding the India-Pakistan match, with social media being flooded with messages to boycott the match. The terror attack in Pahalgam in April saw 26 tourists lose their lives. In May, India retaliated with Operation Sindoor.

A day before the match, India assistant coach Ryan ten Doeschate also stated that his players are aware of the sentiments of the people back home and know their emotions. The beginning of the contest between India and Pakistan on Sunday saw no handshakes between Suryakumar

India registered a comfortable 7 wicket win over Pakistan on Sunday. However, the Men in Blue have now qualified for super 4 stage after Oman were eliminated by United Arab Emirates. Pakistan needs to beat UAE to have chance to play India once again.

Continue Reading

Business

Sensex, Nifty open higher as India-US trade talks set to resume

Published

on

Mumbai, Sep 16: The Indian benchmark indices opened higher on Tuesday amid mixed global cues, as US Chief Negotiator Brendan Lynch arrived in India to resume trade negotiations between the two nations.

As of 9.25 am, the Sensex was up 184 points or 0.23 per cent at 81,970, and the Nifty was up 47 points or 0.19 per cent at 25,117.

The broadcap indices outperformed benchmark indices, as Nifty Midcap 100 inched up by 0.26 per cent, and the Nifty Small cap 100 moved up 0.70 per cent.

Kotak Mahindra, Axis Bank and Hero Motocorp were the top gainers on NSE Nifty 50 index. Titan Company, SBI Life Insurance, Asian Paints and Tata Consumer Products weighed on the Nifty 50 index.

Among sectoral indices, Nifty Media, the top gainer, jumped 1.08 per cent. Nifty Auto (up 0.65 per cent) and Nifty Oil and gas (up 0.57 per cent) were the other major gainers. Except Nifty FMCG and Nifty PSU Bank, which were marginally down, all other indices were in the green.

Analysts said that, from a technical standpoint, a sustained move above the 25,160 level could pave the way for a rally toward 25,250 and 25,500 zones. The immediate support lies at 25,000 and 24,900 zones.

“The bold reforms – both fiscal and monetary – implemented this year have started yielding results and is likely to gather momentum in near future. An India-US trade agreement without the penal tariffs can be a shot in the arm for markets,” said VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.

Major US indices ended firmly in the green zone overnight as the Nasdaq rose 0.94 per cent, the S&P 500 gained 0.47 per cent, and the Dow advanced 0.11 per cent.

Most of the Asian markets made strong gains during the morning session. While China’s Shanghai index dipped 0.1 per cent, and Shenzhen inched down 0.26 per cent, Japan’s Nikkei rose 0.54 per cent, while Hong Kong’s Hang Seng Index inched up 0.07 per cent. South Korea’s Kospi inched up 1.2 per cent.

The US markets are pricing in a 96.4 per cent probability of a 25-basis-point rate cut on September 17, with additional cuts expected through year-end.

On Monday, foreign institutional investors (FIIs) sold equities worth Rs 1,268 crore, while domestic institutional investors (DIIs) were net buyers of equities worth Rs 1,933 crore.

Continue Reading

National News

Bandra Fair 2025: 12 Individuals Booked For Theft On Opening Day

Published

on

Mumbai: Twelve individuals from Mumbai and the Thane region, including two 17-year-old boys from Amravati and three women from Pune were booked under nine FIRs at Bandra police station on Sunday, the opening day of the week-long Bandra Fair that will continue till September 21. The suspects, aged between 17 and 35, are from Amravati, Pune, Nirmal Nagar (Bandra East), Santa Cruz and Ambivli in Thane district.

According to the police, the accused had travelled to the fair posing as devotees to steal mobile phones, gold chains and pickpocket worshippers. The Amravati teenagers were caught attempting to steal mobile phones, while the three Pune women who already have theft cases against them for incidents during the Dagdusheth Ganpati festival were nabbed while trying to steal gold ornaments.

Assistant Inspectors Vikram Patil and Bajrang Jagtap led a 35-member team from police stations between Bandra and Versova, working under the supervision of DCP-zone 9, Dikshit Gedam. Around 50,000 devotees visited the first day of the 300-year-old fair, which also marked the reopening of the restored Mount Mary Basilica.

Mumbai Police said they are developing strategies to counter organised thefts by criminals posing as devotees. In 2018, Bandra police had similarly arrested three women chain-snatchers from Chennai during the festival, for whom an interpreter was arranged as they spoke only Tamil.

Continue Reading
Advertisement
Advertisement

Trending