Gitanjali Gems and DB Corp

IN Media Watch Briefs | 13/03/2018
Guess which media group escaped being a victim of the Modi-Choksi fraud? The Bhaskar Group had a private treaty agreement with Gitanjali Gems which it ended in FY 2016-17.  As of March 2015, DB Corp owned 60,54,960 shares of Gitanjali Gems valued at Rs 24.95 crore, with each share valued at Rs 41.21 on March 31st. By March 31, 2016 their holdings came down to 52,01,055 shares valued at Rs 16.93 crore with each share now marked at Rs 32.55. During 2016-17 the entire shareholding was liquidated, because of a decision by DB Corp to exit  the  private  treaty  business.  But in that final year  of investment they made Rs.  11.87  crore  profit on their Gitanjali investment, Girish Agarwal said in a conference call with analysts in January this year.                 
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An undertrial accused in the murder of journalist Sudip Datta Bhowmik in Tripura last year has apparently threatened a witness on whose statement the case hinges. This is the TSR jawan who witnessed the entire incident. The custodial trial in the case began last week. Bhowmick was shot dead last year in the TSR 2nd battalion HQ and four TSR personnel including the battalion commandant are implicated in the case. (UNI)                      

The  Deccan Chronicle and Asian Age have reported that Parashuram Waghmare, the last of the six suspects arrested in connection with the killing of journalist-activist Gauri Lankesh, was her assassin. The confirmation is attributed to a senior official in the Special Investigation Team. He also said the same weapon was used to shoot Gauri Lankesh, as rationalists Govind Pansare and M M Kalburgi. The weapon has not been traced.The SIT suspects that three more people were present when Gauri Lankesh was shot dead at the entrance of her Bengaluru residence on September 5, 2017.                      

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