Companies & Sectors
Union Bank to get Rs2,500 crore capital infusion from government

Board of Union Bank has cleared raising Rs1,000 crore through preferential or rights issue in addition to Rs1,500 crore approved earlier


Mumbai: State-owned Union Bank of India said it will receive a capital infusion of Rs2,500 crore as part of the government's plan to recapitalise the public sector banks, reports PTI.

 

In a BSE filing, the bank said its Board has cleared raising Rs1,000 crore through preferential or rights issue in addition to Rs1,500 crore approved earlier.

 

"Raising equity capital up to Rs1,000 crore on preferential/ QIP/ Rights basis towards capital infusion in addition to Rs1,500 crore approved in Board Meeting held on 27 December 2012 -- total equity infusion of Rs2,500 crore...," it said.

 

The capital infusion is subject to various government and regulatory clearances.

 

The government has approved infusion of Rs12,517 crore in around 10 state-owned banks by March.

 

Last fiscal, the government pumped in about Rs12,000 crore additional in public sector banks as against Rs20,117 crore in 2010-11.

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Assistant GM of Maruti dealer, two sales executives arrested

The high in demand Maruti Swift and Dzire models booked by prospective customers were delivered without booking after taking black amount about Rs50,000 to Rs70,000 in each car delivery case


Chandigarh: Chandigarh Police has arrested three senior officials, including an Assistant General Manager of a leading dealer of Maruti Suzuki on charge of delivering Swift and Dzire cars to customers without booking, reports PTI.

 

The high in demand Swift and Dzire models booked by prospective customers were delivered without booking "after taking black amount about Rs50,000 to Rs70,000 in each car delivery case," Chandigarh Police said in a release here.

 

Deputy Superintendent of Police (DSP) CID Anil Joshi told PTI that the racket came to light after the purchasers who got delivery of the cars without booking could not get the vehicles registered with the "fake documents" provided to them as they were different from original documents generated in the name of the original buyers in the online booking and delivery system of Maruti.

 

Five such cases of sale of cars have so far come to light and further investigations were on, Joshi said, adding those arrested were AGM Sukhwinder Kanth and Sales Executives - Vikrant Thakur and Pankaj Sharma.

 

"More arrests are expected soon and the role of the dealer's management is also being probed," the DSP said.

 

Managing Director of the firm Ranjeev Dahuja was not contactable and the Chief General Manager Rajiv Handa declined to make any comment.

 

The release said all three accused have been arrested under various sections of the IPC in the case registered at Police Station Industrial Area, UT, Chandigarh.

 

"They managed to prepare fake insurance and temporary registration number to the customers with the help of other colleagues," it said.

 

The three who have been arrested were involved "in providing Maruti Swift/Dzire cars to the urgent/needy customers by preparing forged documents like fake insurance cover notes and temporary registration numbers," the release said.

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Transfusion of wrong blood leads to death, doctor asked to pay Rs5.38 lakh

The National Consumer Forum held Kolkata-based Dr Sunil Thakur guilty of medical negligence for 'accepting and transfusing a blood group' which was different from that of the patient

New Delhi: A Kolkata-based doctor has been directed by the apex consumer commission to pay Rs5.38 lakh to the son of a patient who died after he was given transfusion of a wrong blood type during surgery 12 years ago, reports PTI.

 

The National Consumer Disputes Redressal Commission (NCDRC) gave the direction while dismissing the doctor's appeal against the decision of the West Bengal State Consumer Commission which had held him guilty of medical negligence for "accepting and transfusing a blood group" which was different from that of the patient.

 

It noted that the patient's blood group was A+, while he was given B+ blood.

 

The state commission had directed Dr Sunil Thakur to pay Rs5.28 lakh as compensation and Rs10,000 as cost to the patient's son.

 

The NCDRC while upholding the state commission's decision observed that the blood specimen sent to the blood bank by Dr Thakur did not match that of the patient due to which a different blood group was given to him leading to "serious complications", relating to his liver and kidney functions, "which contributed to his death".

 

"Keeping in view the facts in this case, .... we agree with the finding of the state commission that the appellant (Dr Thakur) was guilty of medical negligence and uphold the same. This first appeal having no merit is dismissed.

 

"Appellant is directed to comply with the order passed by the state commission and pay the awarded amount of Rs5.38 lakh (i.e. Rs5.28 lakh as compensation and Rs10,000 as cost) to respondent 1 (deceased's son)," the bench presided by Justice Ashok Bhan said.

 

The NCDRC also dismissed as "unacceptable" the doctor's contention that he was not responsible for arranging the blood saying "he had admittedly signed the requisition slip sent to the blood bank enclosing with it a wrong specimen of blood".

 

The state commission's order had come on the plea of Gorachand Goswami whose father Manick Lal Goswami had been admitted to the nursing home in West Bengal where Dr Thakur worked as a Consultant Orthopaedic Surgeon.

 

Gorachand in his complaint had alleged that his father was admitted in the nursing home for undergoing surgery for a fractured femur on the instructions of the doctor.

 

He had also alleged that soon after the blood transfusion, his father had started frothing from the mouth and complained of difficulty in breathing and began shivering.

 

The patient was then shifted to the Calcutta Medical Research Institute (CMRI), where he underwent dialysis, but his condition deteriorated and despite being put on a ventilator he passed away on 1 December 2000.

 

As per the death certificate issued by CMRI, one of causes of death was attributed to the "history of mismatched blood transfusion", Gorachand had said in his plea.

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