While talking rudely to the staff of the bar and later with police, the Cricket Board chairman's son stated he was very influential and from a rich family
Mumbai: BCCI president N Srinivasan's son, Ashwin and his friend have been arrested for allegedly thrashing the staff of an upscale restaurant-pub in suburban Bandra and later a cop, who asked them to leave the bar after paying the bill, police said on Thursday.
According to a PTI report, Ashwin (40) and his friend Avi Krishnamurthy (35) had spent the night in Bandra police station's lock-up and were produced before a local court which granted them bail on Tuesday.
Police said, Ashwin went to Escobar on Monday night and was having drinks. He asked the staff to bring some more alcohol which they refused citing 0130 hours deadline.
Enraged Ashwin and his friend started arguing with the waiters and refused to pay the bill, that run up Rs30,000, until their order was accepted.
"When the staff refused, the duo assaulted them. The bar staff notified police when our men went there. When asked to pay the bill and leave the bar, the furious duo punched one of our constables," said DCP Pratap Digaonkar.
"They two were taken into custody and booked under relevant sections of the IPC for assaulting and preventing a public servant from discharging his duty," Digaokar added. The duo was on Tuesday produced before a court which granted them bail, he said.
According to sources, while talking rudely to the staff and cops, Ashwin stated he was very influential and from a rich family.
When contacted, Mr Srinivasan, who owns the IPL team Chennai Super Kings, shot back saying "What do you want me to say," and disconnected the phone call.
The insurance regulator cancelled corporate agency license of Abira Insurance as it found the agency violating the rules mentioned by IRDA
Hyderabad: The Insurance Regulatory and Development Authority (IRDA) has cancelled the corporate agency license of Abira Insurance Services Ltd-a group concern of Golden Trust Financial Services-due to violation of rules mentioned by the regulator.
On 6 October 2006, Life Insurance Corp of India (LIC) granted corporate agency license to Golden Trust Financial. However, some people from the Golden Trust Group floated Abira Insurance to obtain another corporate agency license from Max New York Life Insurance without disclosing its deal with LIC. According to IRDA, this amounts to violation of Clause 5 of guidelines on licensing of corporate agents.
Abira Insurance, however denied the charges and stated that it is an independent entity without belonging to any group and exclusively engaged in distribution of insurance products of Max New York Life.
On examination of reply of Abira and other related documents, IRDA observed that the group has obtained corporate agency licenses from both LIC and Max New York Life for three of its units, Golden Trust Financial Services, Golden Trust Multi Services & Abira Insurance.
This refers to “Kingfisher Airlines—flying high at public expense” (Moneylife, 22 March...