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Showing posts from February, 2020

Vehicle Scam

Scam by JC brothers They are Alleged to have 66 rejected Bharat Standard (BS) III vehicles wrongfully enrolled and carried them to Anantapur from Kohima in Nagaland and sold them as BS-IV compliant. Difference between BS III and BS IV T he difference between these two engines mainly lie in their exhaust systems. Regulations restrict evaporation emissions from fuel tanks, which mean a new breather value and additional or changed stamps in the body structure or additional brackets that hold these new systems. This is very difficult to retrofit considering the fact that major design changes might be needed. BS IV engines require a larger catalytic converter to nullify the harmful nitrogen based gases and most bikes also need a secondary airflow system that adds oxygen (or natural air) to the exhaust stream just before the catalytic converters. But it is difficult to retrofit. Many manufacturers are adapting to the ECU (Electronic control unit) and ignition control setup which h...

Bank Scam

  1,768 crore Rs bank fraud case At glance: The Enforcement Directorate(ED) has arrested Leo Meridian Infrastructure Projects & Hotels Ltd promoter GSC Raju and his close associate AV Prasad in a Rs 1,768 crore bank fraud case.  Prior on December 30, 2019, the ED connected resources worth Rs 250.39 crore having a place with blamed GSC Raju and his family and different executives of LMIPHL under the arrangements of PMLA. Features ED has captured LMIPHL advertiser GSC Raju and close partner AV Prasad in a bank misrepresentation case Both have been sent to ED authority for seven days test office has just appended resources for the tune of Rs 250 crore comparable to the bank extortion Report The Enforcement Directorate (ED) has captured Leo Meridian Infrastructure Projects and Hotels Ltd (LMIPHL) advertiser GSC Raju and his nearby partner AV Prasad in a Rs 1,768 crore bank misrepresentation case. The Special PMLA Court in Hyderabad has guided bot...