Citizens' Issues
Naga woman held from AP for conning investors of Rs11 crore

Rosemary Jamir, secretary of Tropogan Farmers' Society from Dimapur in Nagaland, collected Rs24.7 crore through seven agents in AP, disbursed Rs13.7 crore to gain investor's confidence and then disappeared with Rs11 crore

 
Hyderabad: A woman from Nagaland has been arrested from Vijaywada in Andhra Pradesh on charge of duping investors to the tune of Rs11 crore through a money circulation scheme, reports PTI quoting police.
 
Rosemary Jamir, secretary of Tropogan Farmers' Society from Dimapur in Nagaland, who is one of the accused in the case, was picked up from Vijayawada by a CID team, they said.
 
Rosemary had appointed seven executive members for Andhra Pradesh for the purpose of collecting funds from unsuspecting investors, who in turn through the network of 52 agents amassed Rs24.70 crore and disbursed Rs13.70 crore to gain confidence of investors before winding up their firm and disappearing with Rs11 crore.
 
An office was established at Dilshuknagar here which was maintained for about eight months before it was shut down, police said.
 
According to police, Rosemary had entered into a partnership deed with the executive members in 2011 to share the proceeds to be collected from investors.
 
Lands and buildings were purchased by the executive members in and around Nellore and Krishna districts of the state.
 
CID has identified several properties in this regard, which will be attached, while further investigations are on, according to a CID release.
 

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Atul Auto Q1 net profit up 17.6% to Rs3.87 crore

Despite general slowdown in the economy, the three-wheeler maker reported robust sales of Rs76.8 crore, an increase of 26%

 
Mumbai: Three-wheeler maker Atul Auto reported a 17.6% growth in net profit at Rs3.87 crore for the first quarter ended June 2012, on the back of significant increase in demand, reports PTI.
 
The company had posted a net profit of Rs3.29 crore in the same period last fiscal.
 
Net sales also grew 26% to Rs76.79 crore from Rs60.89 crore in the corresponding quarter last fiscal, the company said in a release here.
 
The company sold 6,841 units in the April-June quarter of the current fiscal as compared to 5,583 units in Q1, FY2011-12, it said.
 
Commenting on the results, Atul Auto Ltd Director Vijay Kedia said, "Looking at the tough economic environment, it is an outstanding performance. The quarter, despite general slowdown in the economy, continued to witness a significant increase in the demand for our products." 
 
The company is optimistic about further growth, he said, adding, "We are now focusing on expanding the presence of our offerings pan-India."  
 

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Mini blasts in Pune send out maximum message

For the second time round, Pune has hit headlines for an allegedly terror/mischief monger attack. While the German Bakery blast was horrendous, Wednesday’s series of mini blasts at the prime Jangli Maharaj Road probably have a bigger, more dangerous message

While the horror of the German Bakery blast still haunts Puneites, Wednesday’s min-serial blasts on the prime Jangli Maharaj (JM) Road should be seen as terrorists/mischief mongers’ activity, sending out a maximum message of defiance, a comeback and loud warning.

 

While fortunately only one person was injured, the 15 minutes of half-hearted explosions that rocked JM Road reflected the cunning strategy of the culprits that has succeeded in shattering Pune’s confidence of peace and inciting fear into every Puneite.  Here’s why:

 

  • JM Road is in a sense is the most sought after and perhaps the most travelled arterial road for Puneites coming from innumerable directions of the city. Unlike the German Bakery which is locally called a “camp area” landmark and you get to see it only if you travel the North Main Koregaon Park Road
  • JM Road represents the very ethos of culture which Pune is known for as the public auditorium, Bal Gandharva Rang Mandir which earns the highest cultural heritage status in Maharashtra is located here (in front of which a bomb exploded). Thus, the heart of every Puneite has been shattered
  •  International brands like Pizza Hut, MacDonald’s KFC and number of international clothes and sports brand outlets are concentrated here. Along with famous eateries at every 100 feet and having one of the most popular public gardens, Sambhaji Park located here, it attracts youngsters and families in thousands during evening hours
  • The timing chosen for the bomb blasts was in the evening when people go to see plays, visit the Sambhaji Garden, stroll around for shopping and eating out. Besides, it’s that time of the hour when traffic is at its peak as thousands return home from work
  • It was the time when new home minister Sushilkumar Shinde was to use this road for an official function but changed his mind in the 11th hour
  • It is the road where the Anna Movement is spearheaded in Pune—just opposite the Bal Gandharva Rang Mandir
  • It is important to remember that it is on 8th June that Indian Mujahideen operative Qateel Siddiqui was murdered in the high security Anda Cell of the Yerawada Central Prison
  • Pune is the most favourite hub of major terrorist outfits including right wing ones

    It is thanks to these many connotations and significant choice and time of the attacks that the law and enforcing authorities are refraining from sticking their neck out with any specific comments. Pune Police Commissioner Gulabrao Pol denies the hand of terror while home secretary RK Singh does not rule it out.

    What’s very worrisome is that Pune has been the hub of practically all major terrorist outfits of India. Indian Mujahideen (IM) and Student Islamic Movement of India (SIMI) have their set bases here, particularly in the southern part of the city. ATS (Anti-Terrorist Squad) officials had stated that Pune is now also the new home-ground for members of the Naxalite Movement and a safe haven for Maoists, too. A couple of years back, six alleged Naxalites were arrested by the ATS.

    Pune has become a favourite breeding ground for terrorist activities due to the large student and migrant labour population, ATS top cops had stated it is easy to lure youngsters and migrant labourers into such activities and increase membership. Besides, Pune is easily accessible to all major cities, having fantastic road, rail and air links. Mainly, it is closest to Mumbai, which was earlier the underworld empire and has been under the scanner of the police since several years. So, Pune becomes the next best place as the hide-out.

    One cannot forget that young IT engineer Mansoor Peerbhoy, a resident of Kodhwa in South Pune, was the whiz kid of the IM who was arrested last year. He earned a neat salary of Rs19 lakh per annum but worked in the moonlight for IM. Or that it is the home ground of the Hindu radical outfit Abhinav Bharat.

    Indeed, the fear has set in Pune, with minimum efforts by the alleged terrorist outfit.

 

(Vinita Deshmukh is the consulting editor of Moneylife, an RTI activist and convener of the Pune Metro Jagruti Abhiyaan. She is the recipient of prestigious awards like the Statesman Award for Rural Reporting which she won twice in 1998 and 2005 and the Chameli Devi Jain award for outstanding media person for her investigation series on Dow Chemicals. She co-authored the book “To The Last Bullet - The Inspiring Story of A Braveheart - Ashok Kamte” with Vinita Kamte. She can be reached at [email protected])

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COMMENTS

sohan modak

4 years ago

the sick part of this story is that subsequent to earlier events a decision was taken to install cctv cameras at strategic locations and huge sums were spent on procurement and installation. But, alas, most of the cctv cameras at the location of yesterday's blasts were not functional. hence, no photographic clues available on the potential perpetrators. As if the callousness of the administration of PMC and/ Pune police is ensuring that the terrorists can continue to strike at will anywhere in the city.

REPLY

Rajkumar Singh

In Reply to sohan modak 4 years ago

If the will is not there to set things right at our end, it is very simple to blame others for any lapse.

To make my point clear, I request you to read the following:

VIOLATION OF FREEDOM or EK DUM FREE?

Whether an issue or objection is raised or not in the public interest by the Government, it becomes a business product for a group to sell and sail it through reporting of difference of opinions only to enlarge or enrage the issue.

Such debates are a ploy under, "Divide & Rule", to garner like and dislike minded people without resolving the issue but be in the limelight of its new venture.

If self-aggrandisement is not a part of the solution, it is the real problem of our society and the country.

If there is no limit, then free for all will only make the whole nation blind.

Rajkumar Singh

4 years ago

It is very easy to blame the government but very hard to accept that to some extent we are also equally responsible for bearing stressful life.

If the pedestrians are made to walk on the carriageways, it may be because of unevenness of the surface or the encroachment made by the encroachers.

Here, the pedestrians and encroachers are not the government, but we, the public, or the people of India.

Such corrupt people support and vote or select those corrupt politicians, who in turn provide them protection for their such encroachments.

When I wanted that any unknown vehicle or hawker or sales girl or man, etc., which are the initiatives or breeding grounds for crimes, should not be entertained in our area, except the police, no one from the public supported my stand.

Reporting or blaming anyone is easier for becoming a part of the problem, than finding the solution for the problems.

REPLY

sohan modak

In Reply to Rajkumar Singh 4 years ago

I am amazed at the wishy washy reply (?) by Rajkumar Singh. My contention was simple and straightforward that cctv cameras installed were mostly non functional. so where is this nonsense about Divide and Rule debates etc. When the probability of quickly locating the culprits would have been high with CCTV footage, why skirt the issue and talk about the social responsibility of others! Or, you seem to be trying to cover up the ills of officials responsible for the lapse. We have a Government to regulate public affairs and provide amenities, preventive measures and security to the public. If they have failed, let them be accountable.

Rajkumar Singh

In Reply to sohan modak 4 years ago

It is easy to blame others to become a part of the problem than to find a solution to become a part of the solution.

I couldn't wash things off though I wished it. That is the tragedy of our country.

Wish you good luck.

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