More Today's Headlines
Former Delhi Minister Satyendar Jain Arrested in Delhi Jal Board Tender Corruption Case
Former Delhi minister and Aam Aadmi Party leader Satyendar Jain was arrested by Delhi's Anti-Corruption Branch in connection with alleged irregularities and manipulation in the tendering process for sewage treatment plants under the Delhi Jal Board. Six others, including former DJB CEO Udit Prakash Rai, were also arrested. The case involves accusations of restrictive tender conditions favoring a private firm, resulting in financial losses. The AAP has called the arrest politically motivated, linking it to upcoming Punjab elections, while BJP officials have defended the investigation and highlighted a money trail.
Nine Dead in Kolkata Hotel Fire Amid Safety Concerns and Rescue Efforts
A fire broke out early Wednesday at a cramped hotel on Mirza Ghalib Street in Kolkata, killing nine people, including two women and a child, mostly Bangladeshi nationals visiting for medical treatment. The victims died primarily from smoke inhalation amid thick black smoke and narrow exits. Around 60 people were rescued. Authorities suspect an air-conditioner blast or short circuit as the cause. A Special Investigation Team has been formed, and safety audits of local hotels are underway amid concerns over fire safety compliance and building conditions.
Mixed Financial Results Reported by Companies in June 2026 Quarter
In the June 2026 quarter, several companies reported their financial results with mixed outcomes. Notably, Srestha Finvest and Radico Khaitan Finance recorded significant consolidated net losses of Rs 27.43 crore and Rs 3.13 crore respectively, while others like Garg Acrylics and Mahan Industries saw substantial net profit increases of 706.77% and 2050.00%. Sales figures varied widely, with some companies experiencing declines and others reporting growth. Overall, the quarter showed a diverse financial performance across sectors.



