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EX-MIN SHETTY, 3 OTHERS GET 3 YRS JAIL FOR SBM LOAN SCAM

The New Indian Express Bengaluru

|

February 07, 2024

A SPECIAL city court on Thursday sentenced former minister S N Krishnaiah Shetty and three others, who were accused of financial fraud in the then State Bank of Mysuru housing loan scam, to three years imprisonment with a fine.

- EXPRESS NEWS SERVICE @Bengaluru

Judge Santhosh Gajanan Bhat of the Special Court for the trial of criminal cases against sitting and former MPs and MLAs, passed the order. The case was probed by the Central Bureau of Investigation (CBI) which submitted a chargesheet against the accused, who defrauded SBM between 2003 to 2006, by creating false documents.

MEER VERHALEN VAN The New Indian Express Bengaluru

The New Indian Express Bengaluru

After Delhi blast connection, Nuh linked to MP cybercrimes

HARYANA'S Nuh district, which is under glare as an operational base of the ‘white-collar’ terror module linked to 10/11 Delhi blast case, has also come out as the nucleus of Madhya Pradesh’s biggest-ever interstate cybercrime ring.

time to read

1 mins

December 01, 2025

The New Indian Express Bengaluru

WHAT TO EXPECT WHEN INVESTING IN 2026

THE year is ending on a high note. The recent quarterly growth data shows a second successive quarter of over 8% economic growth. Benchmark indices such as the NSE Nifty and the BSE Sensex have reached new highs. The September 2025 quarter results showed a recovery in corporate profits after a long time. Overall, the year is ending on a high note.

time to read

2 mins

December 01, 2025

The New Indian Express Bengaluru

Engineering exports fall 16% in Oct; traders seek faster EPM execution

INDIA’ engineering goods exporters are seeking faster implementation of the Export Promotion Mission (EPM) as export performance continues to weaken — and US tariffs are not the sole driver of the decline.

time to read

1 min

December 01, 2025

The New Indian Express Bengaluru

GIFT City now manages $100 billion in assets

GIFT City’s International Financial Services Centre (IFSC) now hosts over 1,034 registered entities, including 38 banks holding assets worth $100.14 billion, positioning it as a growing competitor to established financial hubs, such as Singapore and Hong Kong.

time to read

1 mins

December 01, 2025

The New Indian Express Bengaluru

The New Indian Express Bengaluru

BJP dismisses claims as 'baseless, false'

Hitting back, BJP says company sold for just ₹50 lakh

time to read

1 mins

December 01, 2025

The New Indian Express Bengaluru

PM terms Tamil as 'pride of India' in Mann ki Baat, urges people to learn it

PRIME Minister Narendra Modi on Sunday lauded Tamil as a great language and a source of pride for India, while highlighting the country’s achievements in agriculture, science, defence, tourism and indigenous products during his Mann Ki Baat radio address.

time to read

1 min

December 01, 2025

The New Indian Express Bengaluru

Michael B Jordan plans to expand Creed franchise

In a recent interview to promote his upcoming directorial, The Thomas Crowne Affair, Michael B Jordan has confirmed plans to expand the Creed franchise, in which he stars as the titular boxer.

time to read

1 min

December 01, 2025

The New Indian Express Bengaluru

Govt to bring bill to impose 70% cess on tobacco

THE Central government is set to replace the Compensation Cess with a new levy of 70% or higher on tobacco and tobacco-related products.

time to read

1 min

December 01, 2025

The New Indian Express Bengaluru

Rashmika's The Girlfriend gets OTT premiere date

THE Girlfriend, the recently released Rashmika Mandanna starrer, is now gearing up for its OTT premiere.

time to read

1 min

December 01, 2025

The New Indian Express Bengaluru

SHOULD WE INVEST IN INDIAN EQUITIES

FOR a long-term investment horizon, yes, Indian equities remain one of the most compelling long-term opportunities among major economies even as today.

time to read

2 mins

December 01, 2025

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