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CBI arrested Manjit Singh Bali, the chief post-master general for Maharashtra and Goa for accepting a bribe of Rs2 crore for transferring a piece of government land to private parties.
The Chief Post-Master General for Maharashtra and Goa was arrested on Thursday by the Central Bureau of Investigation (CBI) for allegedly taking a bribe of Rs2 crore for transferring a piece of government land to private parties, reports PTI.
Manjit Singh Bali was apprehended by the anti-corruption wing of the Central agency, officials said. Mr Bali had allegedly taken the bribe to transfer land meant for post offices to private parties, they said.
Capital goods and infrastructure-related stocks made decent gains in a volatile market
Gainers: Shriram Transport Finance Company (up 4%) allotted 116.58 lakh equity shares to qualified institutional buyers (QIBs) for an aggregate sum of Rs583.86 crore, resulting in a dilution of around 5.2% stake. IVRCL Infrastructures & Projects (up 2%) has received a contract from National Highways...
Bank stocks were lifted by the RBI’s decision to keep rates unchanged. Bank of Baroda (up 9%), Axis Bank
Gainers: Bank stocks got a boost after the Reserve Bank of India (RBI) announced its quarterly monetary policy review. Bank of Baroda (up 9%), Axis Bank (up 5%), Canara Bank (up 3%) and ICICI Bank (up 1%) reversed their declining trend after the RBI decided to keep interest rates...