The agency had carried out searches at the premises of noted builders of the state on April 30 to further probe on this aspect of the case, they said. Premises of ABIL and Bhosale were also searched during the operation. The CBI has now arrested Bhosale in a 2020 case against Kapoor and Wadhawan among others for alleged corruption.

Observing that it is a very extraordinary order to stay an investigation, a vacation bench of Justices D Y Chandrachud and Bela M Trivedi allowed the appeals filed by the SFIO against the high court order. For the above reasons, we are of the view that the high court was not justified in staying the investigation., the bench said while setting aside the high court order.

The Gurugram-based JV entity, MOVIN, will offer day-definite, express as well as time-definite solutions, which would help businesses with better predictability and competitiveness to integrate into the global value chain.

Advent International has achieved a big milestone by raising $25 billion, which takes its global assets under management (AUM) to over $100 billion. CNBC-TV18’s Nisha Poddar spoke to Shweta Jalan, Managing Partner of Advent International, about her fund raise, her take on liquidity flow and whether it is going to sustain.