Masala bonds: Former FM Thomas Issac running away from probe, says ED

The Enforcement Directorate, investigating the Masala bonds case involving former Kerala Finance Minister Thomas Isaac, on Saturday told the High Court that he is running away from the probe. The ED had served two notices to Isaac to appear before them with regards to the masala bonds taken by the Kerala government … Read more

Tycoon Running a Quarter of China’s Copper Trade Is on the Ropes

(Bloomberg) — From a start guarding trains full of metal from thieves on freezing winter nights, He Jinbi built a copper trading house so powerful that it handles one of every four tons imported into China. Most Read from Bloomberg A born trader with an infectious sense of humor, the 57-year-old grew Maike Metals International … Read more

45, including kingpin, booked for running IELTS exam racket in Gujarat

The Mehsana police have booked 45 persons, including the kingpin and private consultant company examiners and students for running the International English Language Testing System (IELTS) exam racket. The kingpin and his associates in an organised manner used to forge documents to show that students have cleared graduation and even illegally sent … Read more

Mississippi Capital City Without Running Water After Floods Worsen Pump Problems

New You can now listen to Insurance Journal articles! In Mississippi’s capital, thousands of residents have no running water, after river flooding contributed to longstanding problems at the city’s water treatment facilities. Emergency officials on Tuesday were distributing bottled water to residents, a local university was using temporary restrooms for students and people who do … Read more

Supreme Court dismisses panel running AIFF, a week after FIFA suspension

The Supreme Court on Monday terminated the Committee of Administrators (CoA), the panel appointed by the apex court last year to run the All India Football Federation (AIFF), a week after the Federation of International Football (FIFA) suspended the AIFF. The SC added that it hopes the termination of CoA will help facilitate the … Read more

Admiral Sees Cost of Motor Claims Running High in Britain and U.S.

New You can now listen to Insurance Journal articles! The cost of paying auto claims is running particularly high in Britain and the United States, insurer Admiral’s chief said on Wednesday, after the company posted a 48% fall in pretax profit due to a “more turbulent cycle.” Motor insurers did well during the initial stages … Read more

Las Vegas Sands, Wynn in running for New York casinos – NY Post (NYSE:LVS)

littleny/iStock Editorial via Getty Images Casino operators are rushing into New York, with Mets owner Steve Cohen among the big names angling for commercial casino licenses. According to the New York Post, Cohen is engaging city officials and discussing options with casino operators to open a casino at Citi Field. Per the report, Hard Rock … Read more

No proposal yet for running passenger trains by private operators: Railways

There is no proposal under consideration for the operation of passenger trains by private players, the railways informed Parliament Friday, years after the national transporter unveiled plans to hand over certain routes to private parties. In a written reply in Rajya Sabha, Railway Minister Ashwini Vaishnaw said the railways … Read more