Daily Newsletter | Sunday, December 11, 2016 | | | Rs 31.06 crore in new notes seized in 4 incidents | | A fresh seizure of Rs 24 crore cash in new notes was made by the I-T department, adding to the biggest haul of cash and gold post-demonetisation, in Chennai alone. In two separate incidents, Rs 65 lakh and Rs 71 lakh was recovered from Hyderabad in new currency. |
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| Chopper scam: CBI gets 4-day custody of SP Tyagi | | Former Air Force Chief SP Tyagi has been arrested in Rs 450 crore Agusta Westland bribery case in procurement of 12 VVIP helicopters. During the proceedings, CBI sought 10 days' custody saying it was a "very large conspiracy having international ramifications". |
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| | | Apple slashes prices of iPhone 6s and iPhone 6s Plus by up to Rs 22,000 | | Apple has announced biggest-ever price drop for its smartphones in India. Under the new pricing, iPhone 6S (128GB), carying an MRP of Rs 82,000, will now be available at an MRP of Rs 60,000. iPhone 6s Plus (128GB) will now be available at an MRP of Rs 70,000, the smartphone too has received a price cut of Rs 22,000. Apple's 4-inch smartphone iPhone SE, too has got a price cut. The 64GB version of iPhone SE will now be available at Rs 44,000. |
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| | Junior Hockey WC: India beat England 5-3, virtually in quarters | | In the final seconds of the first half, England managed to earn their first penalty corner of the match, but they fumbled as India went into half time leading 2-1. India continued in the same vein after the change of ends and rose to the occasion to extend the home team's lead. |
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| EPL: Mesut Ozil proves worth as Arsenal go top | | Mesut Ozil provided a timely reminder of his importance to Arsenal's title hopes with a superb header in a 3-1 win against Stoke that moved the Gunners to the top of the Premier League on Saturday. |
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| | Mistry seeks support to stay on Tata Power board | | Mistry is currently Chairman of Tata Power. The company has called an Extraordinary General Meeting on December 26, 2016, to consider the resolution for his removal as its director. He said that Tata Power faced several challenges in 2012, on account of situation at Mudra Ultra Mega Power Project. |
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| Cash crunch may escalate during three-day bank holiday | | Citizens who stood by government's demonetisation decision earlier are now running out of patience following reports that huge amount of cash in new currency is being seized by the I-T department across the country. Also, customers are venting their anger as most of the ATMs are running dry. |
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| ICAI asks its members not to criticise demonetisation | | The Institute of Chartered Accountants of India has issued an advisory, asking its members not to criticise demonetisation. The members have been strictly advised not to indulge in any nefarious act and not subvert the intentions of the government in any possible way. |
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