Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Nepal protests
  • Nepal Protests Live
  • Vice-presidential elections
  • iPhone 17
  • IND vs PAK cricket
  • Israel-Hamas war
fp-logo
INX Media case: Delhi court reserves order on bail plea of Karti Chidambaram's chartered accountant till 7 March
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • India
  • INX Media case: Delhi court reserves order on bail plea of Karti Chidambaram's chartered accountant till 7 March

INX Media case: Delhi court reserves order on bail plea of Karti Chidambaram's chartered accountant till 7 March

Press Trust of India • March 1, 2018, 16:02:22 IST
Whatsapp Facebook Twitter

A Delhi court on Thursday reserved it order on a bail plea filed by Karti Chidambaram’s chartered accountant S Bhaskararaman, arrested in the INX Media money laundering case.

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
INX Media case: Delhi court reserves order on bail plea of Karti Chidambaram's chartered accountant till 7 March

New Delhi: A Delhi court on Thursday reserved it order on a bail plea filed by Karti Chidambaram’s chartered accountant S Bhaskararaman, arrested in the INX Media money laundering case. Special CBI judge Sunil Rana said the order will be pronounced on 7 March. Bhaskararaman sought bail on the ground that he was not required for custodial interrogation and no purpose would be served by keeping him in custody. The CA was sent to jail on 26 February on expiry of his custodial interrogation by the Enforcement Directorate (ED), which had arrested him on 16 February from a five-star hotel in the heart of the national capital. [caption id=“attachment_4372345” align=“alignleft” width=“380”] ![Karti Chidambaram, son of former union minister P Chidambaram being produced at Patiala House Courts in New Delhi on Thursday. PTI](https://images.firstpost.com/wp-content/uploads/2018/03/karti_380_pti.jpg) Karti Chidambaram, son of former union minister P Chidambaram being produced at Patiala House Courts in New Delhi on Thursday. PTI[/caption] Karti’s name had cropped up in the case relating to Foreign Investment Promotion Board (FIPB) approval granted in 2007 for receipt of funds by INX Media when his father and senior Congress leader P Chidambaram was the union finance minister during the previous UPA regime. The ED had earlier claimed that during the course of investigation, it was revealed that Bhaskararaman had been assisting Karti to manage his “ill-gotten wealth” in India and abroad. The agency had said the investigation required the presence of the CA for collecting vital evidence and other information which was within his special knowledge and exclusive domain. It had alleged that INX Media had deliberately and in violation of the conditions of the approval made a downstream investment of 26 percent in the capital of INX News Pvt Ltd without specific approval of FIPB, which included indirect foreign investment by some foreign investors, and generated Rs 305 crore foreign direct investment in INX Media Pvt Ltd against the approved foreign inflow of Rs 4.62 crore. To wriggle out of the situation without any punitive action, INX Media entered into a criminal conspiracy with Karti , the ED had alleged. The FIPB unit of the finance ministry had not only granted illegal approval but also misinformed the investigation wing of the Income Tax Department, it had alleged. **Click here for LIVE updates of Karti Chidambaram's arrest in INX Media case**

Tags
P. Chidambaram NewsTracker CBI Peter Mukerjea Karti Chidambaram Karti Indrani Mukerjea money laundering probe INX Media case Karti Chidambaram Arrested INX Media money laundering case the son of former union minister P Chidambaram
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Impact Shorts

NDA's CP Radhakrishnan wins vice presidential election

NDA's CP Radhakrishnan wins vice presidential election

CP Radhakrishnan of BJP-led NDA won the vice presidential election with 452 votes, defeating INDIA bloc's B Sudershan Reddy who secured 300 votes. The majority mark was 377.

More Impact Shorts

Top Stories

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Who is CP Radhakrishnan, India's next vice-president?

Who is CP Radhakrishnan, India's next vice-president?

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Who is CP Radhakrishnan, India's next vice-president?

Who is CP Radhakrishnan, India's next vice-president?

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Top Shows

Vantage Firstpost America Firstpost Africa First Sports

QUICK LINKS

  • Mumbai Rains
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV