National News
Two Jains – now linked by destiny
They were born about a decade apart. One is in his early fifties and the other in mid-sixties.
They live in the same city, share the same address and now their destiny has also been interlinked.
Piyush Jain, the perfumer who was arrested and sent to jail after substantial amount of cash was found in a raid in his house, was said to be been raided in a case of mistaken identity.
The social media claimed that the central agencies had come to raid Pushpraj Jain, also known as Pampi Jain, who is a Samajwadi Party MLC and had launched the Samajwadi ‘itr’ last month but in a case of mistaken identity, the raid was conducted as Piyuash Jain’s house. It is another matter that the raid threw up sacksful of cash, gold and silver.
The mix-up, if it did happen, could have easily happened since both the traders’ names begin with ‘P’ and both live in Kannauj.
Both are in the perfume trade and even have houses in the same ‘Chippatti’ locality.
“Piyush and Pushpraj belong to the same community. Both are Jains and the Jain community is very close knit.
Despite being in the same business and living in the same locality, they were not friends. In fact, there was a respectable distance between them. Piyush has no obvious political links though he was inclined towards BJP but Pampi was actively involved in the Samajwadi Party. He became politically famous when he launched the ‘Samajwadi Itr’ last month in Lucknow,” said Nagendra Kumar Jain, a local resident in Kannauj.
Insiders claim that Piyush Jain is a graduate and is well versed in the modern ways of business. He has diversified into other businesses and has establishments in Mumbai and Gujarat.
Pushpraj, on the other hand, has passed 12 standard and follows the traditional business rules. His business is also spread across Mumbai.
The raid, first on Piyush Jain and now on Pushpraj Jain, has opened up a Pandora’s box in Uttar Pradesh and led to a political slugfest.
Samajwadi Party president Akhilesh Yadav earlier claimed that the raid on Piyush Jain was a case of mistaken identity. “In a mix-up, the agencies have raided Piyush Jain who is a BJP supporter,” he said.
On Friday, when the raid began on Pampi Jain, SP MP Ram Gopal Yadav stated that “The raids are a part of election duty. The timing of the raids makes it amply clear that the raids are designed to impact elections.”
A local SP leader, who spoke on condition of anonymity, told IANS on Friday, “Piyush Jain and Pampi Jain may not have any relations but now they have a link that is hard to deny. Their names will be linked with each other in the days to name because of these raids.”
Mumbai Press Exclusive News
When will the dilapidated roads in Bhiwandi city be repaired? Raees Sheikh asked a question in the Maharashtra Assembly, expressing concern over road accidents.

Nagpur: Samajwadi Party MLA from Bhiwandi East Raees Sheikh raised the issue of dilapidated roads, debris lying everywhere and increasing road accidents in Bhiwandi city on the first day of the ongoing winter session of the Maharashtra Assembly in Nagpur. Raees Sheikh asked in the Maharashtra Assembly that when will the roads be constructed in Bhiwandi and when will the road accidents due to bad roads be controlled.
Raees Sheikh said that looking at Bhiwandi city, it seems that there is debris lying everywhere in the entire city and there is no explanation as to when will the roads be constructed in Bhiwandi city and where will the funds for its work come from? Raees Sheikh said that the Chief Minister had called a meeting regarding the construction of roads in Bhiwandi city and in this meeting the Chief Minister had formed a committee which includes the Municipal Corporation Commissioner and MMRDA officers and for the construction of these roads the Chief Minister had said that a proposal of Rs 1,000 crores would be presented. Raees Sheikh said that the people who are being affected during the development work and whose structures are being affected should get compensation from the government. Raees Sheikh also stressed that a policy on this should be made in the current meeting and at the Mumbai level and the government should also clarify by when the roads will be constructed? Raees Sheikh raised the issue of road accidents in the assembly
Raees Sheikh, while raising the issue of dilapidated roads in Bhiwandi city in the Maharashtra Assembly, said that recently, Dr. Omar was taking his five-year-old daughter home from school in Bhiwandi city, during which his five-year-old daughter Khadija died in a tragic road accident while he was also seriously injured. Apart from this, a person named Raj Singh also lost his life due to a road accident. He said that the increasing number of road accidents due to dilapidated roads and potholes in Bhiwandi city is a matter of great concern, so the government should explain when these accidents will be controlled and when the roads will be constructed.
Maharashtra
Thane Traffic Update: Road Diversions Announced Between Kalyan-Dombivli Till December 21 For Water Supply Work | Know Alternate Routes

Thane: The Thane Police has announced major traffic diversions in parts of Kalyan-Dombivli due to water pipeline work at Dombivali East’s Kolegaon area. According to the official notification by the Thane Police, due to the ongoing work to replace the main water pipeline under the 12th water supply scheme at Kolegaon, traffic on the Kolegaon Square–Premier Ground–Kalyan Shil Road route will be affected till December 21.
The traffic diversions will be effective from 12 am on December 9 until 1 am on December 21.
All types of vehicles coming from Kolegaon Chowk towards Premier Maidan, Kalyan Shil Gate will be ‘closed’ at Dombivli East’s Kolegaon Chowk. Alternate Route The said vehicles will travel along the Badlapur Pipe Line to Rohane Katai Badlapur Chowk and from there onwards to the desired destination.
– Entry for all types of vehicles from Kolegaon to Kolegaon Chowk will be closed in front of the Shiv Sena branch in Kolegaon. Alternative route The said vehicles will proceed from near Premier Maidan to the Hanhat location via Kanyat Shik Road.
Meanwhile, a 15-hour water supply cut was announced today, December 9, due to maintenance work on the water supply network. The water supply is scheduled to remain shut from 9 am to midnight today, and several areas of Dombivali West and East are said to be affected.
The maintenance work scheduled today involves replacing the filter bed outlet pipeline at the Netivli Water Purification Centre and conducting repairs on the water distribution system in the Dombivli division.
Business
CBI books Reliance Commercial Finance, its promoters in Rs 57.47 crore bank fraud case

Mumbai, Dec 9: The Central Bureau of Investigation (CBI) on Tuesday said it has filed a criminal case against Reliance Commercial Finance Ltd (RCFL) and its promoters and directors over allegedly causing wrongful loss of Rs 57.47 crore to Bank of Maharashtra.
The case has been registered against RCFL — a company of Reliance ADA Group, its promoters/directors and unknown bank officials, on the allegations of criminal conspiracy, cheating and criminal misconduct and thereby, the CBI said in a statement.
According to the statement, the loan account of Reliance Commercial Finance Ltd was declared an NPA by the bank on March 25, 2020 and also as fraud on October 4, 2025, for causing wrongful loss of Rs 57.47 crore to Bank of Maharashtra.
“RCFL was availing loans to the tune of Rs 9,280 crore from 31 banks/ FIs/NBFCs/Corporate Bodies, etc., including Bank of Maharashtra. A thorough investigation will be conducted into the allegations of defrauding all the banks/FIs, etc. by the accused company,” said the CBI.
The probe agency obtained search warrants from the court of a Special CBI judge, Mumbai and commenced searches at the official premises of RCFL at Mumbai and the residential premises of Devang Pravin Mody, Director of the company, at Pune, on December 9.
“Several incriminating documents have been observed and are being taken into possession during searches. Searches are in progress,” the CBI said.
Meanwhile, the Enforcement Directorate (ED) has filed a supplementary charge sheet against Reliance Power Ltd and 10 others, in the case of fake bank guarantees of Rs 68 crore submitted by Reliance Power Limited to the Solar Energy Corporation of India (SECI) for the purpose of securing a tender issued by it. ED attached the proceeds of crime worth Rs 5.15 crore as well.
Reliance Power Ltd said in a statement that “ED allegations have not yet passed through judicial scrutiny and the Company has not been held guilty of any wrongdoing”.
“As per law settled by the Supreme Court, the company will get an opportunity to put across its case and facts before the court, even before cognisance, so filing of this complaint does not affect the affairs of the company in any manner,” said the company in an exchange filing.
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