Citizens' Issues
10 Pune collegians drown in Arabian Sea near Mumbai
Raigad (Maharashtra) : At least 10 college students, including three girls, have drowned in the Arabian Sea at Murud Beach in Raigad district, around 150 km south of Mumbai, police said here on Monday.
 
The students were part of a group of around 130 from Pune's A. Inamdar College and had come to the picturesque Murud beach for a picnic, Superintendent of Police Suvez Haque said.
 
So far, of an estimated 20-22 students who had gone into the sea, four girls have been rescued till late afternoon and a search continues for the others.
 
College Principal P.A. Inamdar told mediapersons that the senior students, studying computer science, had gone on a college-sponsored annual picnic accompanied by five staff members and other support staff.
 
"We are shocked by this tragedy. We are making all efforts to help the students and their families with the help of the local villagers and police. A team of our trustees has already left Pune for Raigad for rendering further assistance," Inamdar said.
 
According to available information, the number of casualties may go up as some more students were reporting missing in the water.
 
Rescue operations are underway in full swing by locals and the Raigad police with help from nearby police stations.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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21 arrested in China over $7.6 billion scam
Beijing : Chinese authorities have arrested 21 people involved in an online finance scheme in which some 900,000 investors lost about 50 billion yuan ($7.6 billion), the media reported on Monday.
 
The 21 worked for Ezubao, China's largest such online financing business. The platform was launched in July 2014 by Yucheng Group, which is based in Anhui province, the People's Daily reported. 
 
After noticing some abnormal activities on the platform at the end of 2015, the authorities launched an investigation into the company.
 
Ding Ning, chairman of Yucheng, and 20 others were arrested on January 14.
 
Police found that Yucheng and its affiliates did not have sufficient cash flow to operate normally as of December 5. Also, the company had transferred some of its capital and destroyed certain evidence, and some senior people in the company have fled.
 
Many investors were attracted by the high returns Ezubao promised. 
 
The platform offered six investment products, offering annual interest rates of between 9 and 14.6 percent, much higher than for similar products offered by banks.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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'World's best chef' Violier found dead
London : Chef Benoit Violier, whose Swiss restaurant was named the best in the world in December 2015, has been found dead at his home, the media reported on Monday.
 
Violier, 44, ran the Restaurant de l'Hotel de Ville in Crissier, near the city of Lausanne, Switzerland, BBC reported.
 
It earned three Michelin stars and came top in France's La Liste ranking of the world's 1,000 best eateries.
 
Swiss police said Violier, who was born in France, appeared to have shot himself.
 
The Swiss news website 24 Heures said that Violier had been due to attend the launch of the new Michelin guide in Paris on Monday.
 
His death comes some six months after that of Philippe Rochat, his mentor and predecessor at the Restaurant de l'Hotel de Ville.
 
Having worked at the restaurant since 1996, Violier took it over along with his wife Brigitte in 2012, before obtaining Swiss nationality.
 
A keen hunter, he was known for signature dishes including game, and produced a weighty book on game meat last year.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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