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CBI conducts searches in three cities against IL&FS

New Delhi: The CBI conducted searches in three cities after registering an FIR against IL&FS Energy Development Company Limited in connection with an alleged fraud of Rs 100.30 crore in Punjab National Bank, officials said on Friday. The Central Bureau of Investigation (CBI) has booked the company and its directors for alleged criminal conspiracy, cheating and…

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Indian envoy discusses action plan on economic cooperation with Sri Lankan PM

Colombo: Indian High Commissioner to Sri Lanka Gopal Baglay has held a detailed discussion with Prime Minister Dinesh Gunawardena on the proposed roadmap for cooperation between India and Sri Lanka while assuring him of increasing passenger flight connectivity between the two nations. Baglay, referring to the increase in tourism, said India would take steps to increase…

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India-UAE sign pact for AEOs for faster customs clearances

New Delhi: India and UAE on Friday signed Mutual Recognition Arrangement (MRA) for authorised economic operators (AEOs) of both countries, the CBIC said. The AEO programme enables Customs administration to identify safe and compliant exporters and importers and to provide them better facilitation. Under MRA, Customs authorities recognise AEOs of both countries, which in turn helps…

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