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Polavaram project: Andhra high court stays eviction, demolition in affected areas

Polavaram project: Andhra high court stays eviction, demolition in affected areas
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Andhra Pradesh , Tamil Nadu , West Godavari , East Godavari , Indira Sagar Polavaram , Ravi Rebbapragada , Andhra Pradesh High Court , Andhra Pradesh Water Resource Department , Knowledge Of Tribal Initiative Sakti , Union Ministry Of Environment , Central Water Commission , High Court , Indira Sagar Polavaram Irrigation , Andhra Pradesh Based , Tribal Initiative , Central Water , Union Ministry , Andhra Pradesh Bifurcation Act , Fair Compensation , Land Acquisition , Resettlement Act , Forest Rights Act , Scheduled Tribes , Forest Rights , Weekly Newsletter , ஆந்திரா பிரதேஷ் ,

NGT forms six member panel to prepare muck dumping action plan on Polavaram

NGT forms six member panel to prepare muck dumping action plan on Polavaram
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Last Updated: Feb 24, 2021, 04:20 PM IST
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Synopsis
The NGT constituted a six member committee to be headed by Justice B. Seshasayana Reddy, former Judge of the High Court of Andhra Pradesh and with nominees of the Union Environment Ministry, Central Pollution Control Board (CPCB), Central Soil and Water Conservation Research Institute, Dehradun, IIT, Hyderabad and IIT-Delhi.
The National Green Tribunal Wednesday formed a six-member committee to prepare an action plan on dumping of muck near the Polavaram dam in Andhra Pradesh. A bench headed by NGT Chairperson Justice Adarsh Kumar Goel noted that there is adverse impact of coffer dams on upstream areas and huge dumping of mucks has taken place without proper environmental management plan. ....

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Transstroy, ex-TDP MP in CBI net for Rs 7,926 crore bank fraud

Transstroy, ex-TDP MP Rayapati Sambasiva Rao in CBI net for Rs 7,926 crore bank fraud
In its FIR, the CBI has named the company, its CMD Cherukuri Sridhar and additional directors Rayapati Sambasiva Rao and Akkineni Satish as accused.
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By Express News Service
VIJAYAWADA: In a major banking scam, post-Nirav Modi’s, the Central Bureau of Investigation booked Hyderabad-based Transstroy (India) Ltd, its promoter and former TDP MP Rayapati Sambasiva Rao for an alleged bank fraud of Rs 7926.01 crore in a consortium, led by Union Bank of India.
Transstroy (India) Ltd was engaged in execution of irrigation and infrastructure projects, including the mega Indira Sagar Polavaram Project, in Andhra Pradesh, through a joint venture firm. ....

Andhra Pradesh , Tamil Nadu , Indira Sagar Polavaram , Mehul Choksi , Akkineni Satish , Rayapati Sambasiva Rao , Cherukuri Sridhar , Transstroy India Ltd , National Company Law Tribunal , Canara Bank , Foreign Exchange Management Act , News Service , Union Bank , Central Bureau Of Investigation , Express News , Nirav Modi , Central Bureau , Hyderabad Based Transstroy , Sambasiva Rao , Indira Sagar Polavaram Project , Enforcement Directorate , Polavaram Project Transstroy , State Bank , Non Performing Asset , ஆந்திரா பிரதேஷ் , தமிழ் நாடு ,

India's Biggest Banking Scam: 7926 Crore

India’s Biggest Banking Scam: Rs 7926 Crore
Published by GulteDesk
December 19, 2020
The Central Bureau of Investigation booked Hyderabad-based Transstroy (India) Ltd, its promoter and former TDP MP Rayapati Sambasiva Rao for an alleged bank fraud of Rs 7926.01 crore in a consortium, led by Canara Bank.
This is the biggest banking scam in the country so far surpassing the amount misappropriated by diamantaire Nirav Modi, the CBI officials said.
Transstroy (India) Ltd was engaged in execution of major irrigation and infrastructure projects, including the mega Indira Sagar Polavaram Project in Andhra Pradesh.
The CBI, in its FIR, named the company, its CMD Cherukuri Sridhar and additional directors Rayapati Sambasiva Rao and Akkineni Satish as accused. The former MP was booked in two cases relating to the alleged fraud with the second amounting to Rs 313.79 crore approximately. It is alleged that the private firm based in Hyderabad had availed credi ....

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