NRI ( Page 80 of 83 )

Indian teenager missing in Los Angeles July 09, 2011 19:12

A 15-year-old Indian boy on a visit to Los Angeles as part of an educational tour has gone missing last week. Lovedeep Singh was last seen on the morning of June 23 and authorities are…

UK anti-bribery law to cover Indian firms July 09, 2011 19:07

A sweeping anti-bribery act — the “most draconian”, according to its architects — came into force in Britain on Friday, with the jurisdiction to pursue suspects worldwide. Now, all eyes are on the lokpal bill.…

Indian community leaders form group to help students in Aus July 09, 2011 18:57

Following several incidents of violence against Indian students in Australia, community leaders here have teamed up to help new migrants from India to adjust to a new life in this country. A team of prominent…

UK cuts visas, Indians to be hit May 07, 2011 11:15

In a move that will hit Indian and Chinese nationals, the British government Tuesday said it would cut the number of student visas for non-Europeans by up to 80,000 a year, saying the regime was…

Reply to charges of abetting 1984 anti-Sikh riots: US court to Congress May 07, 2011 11:15

The Congress party has been asked to respond by April 1 to "summons" issued by a US court to answer charges of "conspiring, aiding, abetting and organizing" attacks on Sikhs in November 1984. The US…

US journal says more universities duping Indians May 07, 2011 11:15

Tri-Valley University is only one of many dubious and unaccredited universities in the US that are duping foreign students — especially Indians — reported a leading US journal on higher education. The report was based…

Oz teen admits Indian student murder May 07, 2011 11:15

An Australian teenager pleaded guilty on Wednesday to the stabbing murder of Nitin Garg, the worst in a series of violent crimes against students from India that hurt diplomatic ties. Garg, 21, was attacked as…

Indian-origin man pleads guilty in insider trading case in US May 07, 2011 11:15

An Indian-origin hedge fund manager in the US has pleaded guilty to his involvement in insider trading schemes and could face up to 20 years in prison. Samir Barai, 39, a portfolio manager at two…

UK cuts visas, Indians to be hit May 07, 2011 11:15

In a move that will hit Indian and Chinese nationals, the British government Tuesday said it would cut the number of student visas for non-Europeans by up to 80,000 a year, saying the regime was…

Reply to charges of abetting 1984 anti-Sikh riots: US court to Congress May 07, 2011 11:15

US journal says more universities duping Indians May 07, 2011 11:15

NRIs in half-billion dollar fraud case July 09, 2011 19:21

In a “jaw-dropping” and “epic” case, an Indian-American couple here has been charged with raking in over $460 million in crooked cash through a record-setting corruption scam. Reddy Allen and Dr Padma Allen have been indicted on federal fraud and kickback charges in relation to thescandals surrounding mayor Michael Bloomberg administration’s CityTime project, intended to modernise the municipal payroll system. A grand jury said yesterday that more than $600 million of the project’s bloated budget is “tainted” by fraud. The couple secured a lucrative, no-bid subcontract for the CityTime that made it look like their firm, TechnoDyne, was “a successful and fast-growing company,” the New York Post reported. But the “engine of its growth” was actually an overbilling scam in which the Allens paid out more than $15 million in kickbacks and hired a bevy of crooked subcontractors, according to the indictment unsealed in Manhattan federal court. Authorities say the brazen corruption was part of a “massive and elaborate scheme” involving high-ranking executives at prime contractor Science Applications International Corp who pocketed $5 for every hour worked by 300-plus consultants. CityTime was initially budgeted at $63 million, but has cost taxpayers more than $720 million to date. Manhattan US Attorney Preet Bharara called the alleged scam “truly jaw-dropping” and “epic in duration, magnitude and scope.” Bharara said prosecutors were seeking to have the Allens extradited from their native India, where they fled in February after getting slapped with grand-jury subpoenas.