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The Delhi Police has arrested a man for filing a fake robbery complaint and misusing the state machinery for his personal benefit, an official said here on Wednesday. The accused man, identified as Arjun Kumar Kesri, 26, was arrested for fabricating a story to cover up a loss in an online cricket betting application
Also Read : Future of Betting industry post Covid-19
Deputy Commissioner of Police (South West District) Gaurav Sharma said the accused had lodged a complaint on January 10 stating that he was robbed of Rs 3.14 lakh by two persons. After this, the police reached the house of the accused (complainant at that time) who narrated a concocted story. He said on Monday around 1 p.m. he had taken Rs 80,000 in cash from his friends and then he took some more cash from his home and took the total Rs 3,14,000 in his scooty and went to Karol Bagh from Kapashera for purchasing mobile.
He had paid Rs 3.14 lakhs and cleared the debts incurred by him due to the online betting. Chris Liverani / Unsplash
"When the accused reached near Farm No. 14, Kapashera Estate, two boys standing in the way hit him near a blind turn, as a result of which he fell down. They gave him some drug and made him unconscious. Thereafter, he was made to sit between the rider and pillion on his own scooty after being blindfolded with a scarf. After this, he was made to roam around three to four hours along with them and then he found himself in the abandoned remote jungle of Rajokari village, Delhi. Then they handed over the key of the scooty to him and asked him to open the boot of the scooty. In order to save his cash from the accused, he threw the key in the bushes of the jungle. On this they hit him with their fists and then escaped with the cash kept inside the scooty, leaving him and the scooty behind," the accused complainant told the police.
Thereafter the police recorded his statement and a case was registered and investigation taken up. During interrogation of the complainant, suspicions arose about his statement as he was changing his version on the basis of police questions and failed to give the complete chain of events. The analysis of the CCTV footage and call detail records further pointed the needle of suspicion towards the complainant himself. During sustained interrogation, the accused confessed that he had concocted the whole story and that he was neither robbed nor abducted or intoxicated as earlier stated by him in the FIR.
CCTV footage and call detail records further pointed the needle of suspicion towards the complainant himself. Victor / Unsplash
The cash was profit from the joint business of mobile handset sales with his brothers and to cover his loss in online cricket betting, he had paid Rs 3.14 lakhs to one Kapil and cleared the debts incurred by him due to the online betting. The whole act was done with a view to explain to his brothers about the loss of money. The police have initiated legal proceedings against the complainant-accused. (IANS/SP)
(Keywords : accused, robbery, complaint, police, betting, online, cash, profit, brother, investigation, FIR, interrogation, fake.)
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The 'Millennial Mood Index 2021' (MMI) was released by CASHe, India's AI-driven financial wellness platform with a mission to make financial inclusion possible for all. According to the survey, more than 84 per cent of millennials across the country have increased their wealth-management strategy to prepare for future contingencies while also looking for opportunities for stronger and more sustainable growth in the post-pandemic world. The pan-India survey, conducted among more than 30k customers on CASHe's platform, aimed to capture the impact of the Covid-19 pandemic and how it has altered millennials' everyday behaviour across a variety of topics such as health, travel, shopping, savings & credit appetite, and so on.
While the majority of millennials have become more cautious about their finances as a result of the pandemic, the report also highlighted the cohort's progress in saving and insurance awareness. While 52 per cent of respondents said they have increased their savings, 35 per cent have purchased comprehensive health and life insurance plans, and the remaining 13 per cent have committed to more extensive investment programmes.
The pan-India survey was conducted by CASHe among more than 30k customers. | Pixabay
The pandemic, combined with the 'work from home' culture, has also raised health awareness among Indian millennials. According to the MMI report, more than 71 per cent of millennials have become more health conscious as a result of the pandemic. In their quest for a healthier life, a sizable portion of the cohort has adopted new lifestyle changes. 54 percent of respondents said they now prefer eating home-cooked healthy food, and 28 percent have adapted to daily walks or some form of exercise. 11 per cent of respondents said they had started practicing yoga and meditation, while the remaining 7 per cent had signed up for a nearby gym.
When asked if they eat out at restaurants, more than 52 per cent said that even if they eat outside, they would prefer restaurants that adhere to health, safety, and social distancing norms. 22 per cent have become accustomed to ordering food online and prefer doing so because they can do so from the comfort of their own home while adhering to the necessary safety standards. Whereas 26 per cent of respondents remain cautious and avoid eating outside at all costs.
Following nearly two years of uncertainty and a travel ban, the report revealed a huge pent-up demand among millennials for a getaway vacation. More than 56 percent of those polled said they intend to take a vacation early this year, once the current surge in Covid-19 cases subsides. In terms of travel destination preferences, 71 per cent said they were going somewhere domestic, 9 per cent said they were going somewhere international, and 20 percent said they hadn't decided yet.
28 percent have adapted to daily walks or some form of exercise. | Unsplash
The report stated that 38 per cent of respondents have permanently shifted to shopping online as they now prefer it, demonstrating a clear shift in millennial shopping behavior altered by the pandemic. While 17 per cent preferred physical shopping, 45 per cent preferred a combination of the two depending on what they wanted to buy.
When asked about returning to work in the post-pandemic order, 68 per cent of respondents said they are eager to return to the physical world and work from their offices. While 15 percent preferred to continue working from home (WFH), the remaining 17 per cent preferred a hybrid model of functioning that included visiting the office once or twice a week.
V Raman Kumar, Founder Chairman, CASHe said, "The Covid-19 pandemic has radically altered our everyday behavior, perhaps forever. However despite the challenges and economic upheavals witnessed in the last two years, millennials have proven themselves as the most resilient generation. Millennials who also represent the country's largest workforce have showcased the grit and resolve to bounce back and kick-start the economy. Their unwavering "can do" spirit is what has put them at the global centre stage while showcasing India as the largest millennial market to lure in brands across the globe. They are not just aspirational, but are a very responsible cohort seeking to reimagine old orders. Millennials have the potential to redefine India's investment & consumption story, which will play a critical role in shaping our country's economy in the post-pandemic era."
Millennials will play a critical role in shaping our country's economy in the post-pandemic era. | Unsplash
The pan-India survey was conducted by CASHe among more than 30k customers. More than 65 per cent of the responses were received from the metro markets of Mumbai, Delhi, Kolkata, Hyderabad, Bangalore, Ahmedabad, Pune and Chennai while the rest 35% were received from other tier-II and III towns. (IANS/SP)
(Keywords : millennial, mood, index, survey, country, India, finance, pandemic, investment, health, lifestyle, vacation, challenges, resilient, generation, customers.)
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A renowned Harvard Business School professor delivers a persuasive reconsideration and defence of purpose as a management ethos, demonstrating the enormous performance advantages and societal benefits that can be realised when businesses get their purpose right.
Too many businesses use purpose, or a reason for existing, as a marketing tool to make themselves feel good and appear good to the public.
Some people have only hazy notions of what purpose is, conflating it with strategy and other concepts like as "goal," "vision," and "values." Even the most well-intentioned leaders are unaware of the full power of purpose and interact with it only half-heartedly and superficially. Outsiders see this and become sceptical about businesses and the capitalist enterprise as a whole.
Ranjay Gulati shows the catastrophic blunders leaders unintentionally make while seeking to create a purpose for being, based on significant field study. Furthermore, he demonstrates how businesses might further incorporate purpose than they now do, resulting in tremendous performance gains for consumers, suppliers, workers, shareholders, and communities alike.
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Organizations are being updated to create more autonomy and cooperation, allowing individual employees to work more meaningfully.
* Creating a community of inspired and committed stakeholders by employing strong narrative to express a purpose for being, arouse emotions, and develop a community of inspired and committed stakeholders; and
* Creating cultures that not only promote purpose, but also allow people to connect the company's mission to their own personal motivations.
As Gulati says, a stronger connection to purpose is the key not only to individual firms' success, but also to humanity's destiny. Purpose may serve as a completely new operating system for the organisation, boosting performance while also bringing real benefits to society, especially in light of capitalism's undermining and low levels of confidence in business.
(keywords: hi-performance companies, catastrophic blunders, "goal," "vision," and "values)
In India, on January 26, 2022, thousands of youngsters set fire to empty train carriages. They disrupted rail traffic in order to protest what they claim are irregularities in recruiting by the railway department, which is one of the world's major employers. (VOA/ MBI)
(Keywords: India, recruitment, bihar, train, burnt, job, employers, railway)