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In what may come as a huge relief to Aditya Birla Group Chairman Kumar Mangalam Birla, the CBI is likely to close the coal scam case against him, reports TheEconomic Times today.An official told ET that they hope to close the coal case by March before the new government is sworn in.But why is the CBI in a hurry to close the case against Birla?Only a month back the CBI decided to keep the pressure on Kumar Birla, submitting to the Supreme Court a diary it recovered from the group's offices on October 16.The diary, the CBI had said, contains lists of about 1,000 payments made over a 10-year period to politicians and Members of Parliament across party lines. One more diary recovered by the income tax department sleuths also shows receipts adding up to almost Rs 100 crore.An Indian Express report had noted, "The dates on which these payments have been made, sources said, are around the time of two Lok Sabha elections and several elections of state Assemblies."According to a study by the Associationfor Democratic Reforms and National Reforms,the Aditya Birla Group was the top corporate donor to both the ruling Congress party as well as the opposition Bhartiya Janta Party.The Aditya Birla Group donated the maximum amount of Rs 36.41 crore to the Congress and Rs 26.57 crore to BJP.The CBI had named Birla and former Coal Secretary PC Parakh in an FIR in October last year, charging them with criminal conspiracy and corruption in connection with the allocation of coal blocks eight years ago in the Talabira block, Odisha. The block, meant for PSUs Mahanadi Coalfields and Neyveli Lignite, was eventually allotted to Hindalco.However, the CBI is yet to question Parakh or Birla. And now the report says that Birla may not be questioned at all.Sources in the investigating agency had alleged that Parakh extended undue favour to Birla by overturning a decision of the screening committee that had not recommended allocation of the blocks to aluminium maker Hindalco. The FIR alleged criminal conspiracy by Birla and misuse of position by Parakh.Early in November, Kumar Mangalam Birla met Finance Minister P Chidambaram for the second time in less than three weeks. "As of now, I am not worried about it. There is nothing wrong (that) has been done, so why should one worry? he had told reporters.In December, PTI reported that theCBI was in the process of closing one of the PEs, in which it was probing alleged irregularities in Anil Ambani's ADAG group run Ulta Mega Power Project (UMPP) in Sasan, Madhya Pradesh citing a policy decision vetted by empowered Group of Ministers (eGoM).The preliminary enquiry was registered on the directions of Supreme Court which had asked the CBI to probe 14 issues which included supply of low floor buses by Tata motors to Tamil Nadu government, grant of spectrum and alleged market manipulations and hammering of stocks by Unitech.CBI sources had said it has come to the light that use of surplus coal from the Sasan UMPP was approved on two separate occasions by two EGoMs. They said since it was a policy decision, CBI was not likely to question it.

Prominent Royal Families Came Together for the Royal Feast by Harpers Bazaar Bride

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Prominent Royal Families Came Together for the Royal Feast by Harpers Bazaar Bride

Celebrating the advent of the regal wedding season, Harper's Bazaar Bride and BMW in association with Gemfields recently concluded Royal Feast, at The Lodhi, New Delhi. Inspired by the November issue of Harper’s Bazaar Bride that curated exclusive content for the bride who wants nothing less than a royal wedding affair, the event brought together the capital’s crème de la crème for an evening of cocktails, conversations, folk entertainment, and a buffet-cum-sit-down dinner hosted by Editor Nupur Mehta Puri.


Expo Indonesia 2016 Held in Mumbai Featured Indonesian Trade, Tourism and Investment Potentials

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Expo Indonesia 2016 Held in Mumbai Featured Indonesian Trade, Tourism and Investment Potentials

The Consulate General of the Republic of Indonesia in Mumbai in continuation to conduct various activities to developing bilateral relations and co-operation between Indonesia and India with the aim to promote the Trade, Tourism and Investment opportunities recently organized a Solo Exhibition entitled “EXPO INDONESIA 2016" at World Trade Centre (WTC), Mumbai on 11th & 12thNovember, 2016.

UCWeb Sets New Trend with Audience Engagement Tool We-Media

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UCWeb Sets New Trend with Audience Engagement Tool We-Media

Forges successful partnerships with Chetan Bhagat for the launch of his new book ‘One Indian Girl’

Kurlon Bags 3 Excellence Awards at the Coir Industry Awards

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Kurlon Bags 3 Excellence Awards at the Coir Industry Awards

Bangalore based Kurlon, India’s largest mattress brand has once again reasserted its supremacy in the Indian Coir Industry by bagging three prestigious awards at the Coir Industry Awards Ceremony held in Ludhiana on October 17, 2016.

Vayam Technologies All Set to Support the Government to Make Digital India a Success

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Vayam Technologies All Set to Support the Government to Make Digital India a Success

After the successful Analytics and Geographical Information System (GIS) supported ‘Health Management Information System(HMIS) of the Ministry of Health & Family Welfare, Government of India (MoHFW), Vayam Technologies is all set to support other government programs which requires effective monitoring and evaluation of the projects aligned with the ‘Digital India’ initiative.

CrazyPrints.in and Icontribute to Distribute Stationery Kits to Make this Diwali Special for Underprivileged Children

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CrazyPrints.in and Icontribute to Distribute Stationery Kits to Make this Diwali Special for Underprivileged Children

India, a developing country stands on 92nd position in terms of literacy rate which is 74.04%. Conscious efforts are being made to build a literate country yet there exists a substantial ratio of the children who are unable to get a basic education.

VitrA Associates with Pentagon Designs for the Masterpiece Called Nest Collection

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VitrA Associates with Pentagon Designs for the Masterpiece Called Nest Collection

VitrA, the leading bathroom solutions brand of Eczacıbaşı Building Products Division in Turkey brings to India the world famous designer- “Pentagon Design”. A leading Nordic design agency from Finland that create holistic concepts that results in user-driven products, packaging, spaces, services and brand experiences that generate delight for consumers and value for their clients.