The Enforcement Directorate on Saturday arrested two promoters of Chandigarh-based pharma company Parabolic Drugs and a company CA in a money laundering investigation linked to an alleged bank fraud, official sources said. Parabolic promoters Vineet Gupta and Pranav Gupta and Chartered Accountant S K Bansal were taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA), they said. The Guptas are the co-founders of Sonepat-based Ashoka University but had stepped down from their posts in 2022 at the educational institution after the CBI registered a case against them and the company in 2021. The three are expected to be produced before a special PMLA court in Chandigarh where the ED will seek their custody. The money laundering case stems from a CBI FIR in which the promoters and the pharma company were booked for allegedly defrauding a consortium led by Central Bank of India of Rs 1626.74 crore.
Olivelle has written a thought-provoking book. He has scrupulously avoided the hagiographic sources about Ashoka because he feels they contain too many uncertainties
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Days after Sabyasachi Das, an assistant professor at Ashoka University, resigned following a controversy over his research paper, Pulapre Balakrishnan, another professor in the economics department, has put in his papers. Das' colleagues have written to the Governing Body threatening a faculty exodus if he is not offered reinstatement. The English and Creative Writing departments have also extended their support to the demand. The university had earlier distanced itself from the paper, "Democratic Backsliding in the World's Largest Democracy", in which Das argued that the BJP won a disproportionate share of closely contested parliamentary seats in 2019 Lok Sabha polls, especially in states where it was the ruling party at the time. The research was published on the Social Science Research Network on July 25 There was no reaction available from the university on the faculty members' demand and Balakrishnan's resignation. Swaraj India founder and political activist Yogendra Yadav lau
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Ashoka University has developed a first-of-its kind Daily Food Price Index (DFPI) to track inflation in retail and wholesale food markets on a real time basis, officials said on Thursday. The existing Consumer Price Index (CPI) and Wholesale Price Index (WPI) are released on a monthly and yearly basis. "The recent surge in food prices due to factors like the COVID-19 pandemic and ongoing conflict in Ukraine reflect the rapidity with which situations that affect the economy can develop. In this context, having access to more real-time data can facilitate timely market interventions and decisions related to price regulation," said Ashwini Deshpande, Director, Centre for Economic Data & Analysis (CEDA) at Ashoka University. "A delay in publication of data, and subsequent delay in policymaking, often carries a cost. Thus, the DFPI developed by CEDA would be a great public resource for policymakers, researchers and journalists," she added. Deshpande explained that CEDA's Daily Food ...
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The students of Ashoka University have ended the strike started after the resignation of Pratap Bhanu Mehta
Founders of Ashoka University, which has been at the centre of an academic freedom debate following two high profile resignations, on Monday said they respect the autonomy of the institution
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Ashoka University expressed 'deep regret' at events surrounding resignations of Pratap Bhanu Mehta and noted economist Arvind Subramanian
'The last few days have taught us it is really important for us to build an open line of communication and also listen to you,' says Ashish Dhawan in his letter to Ashoka students, alumni
Ashoka University acknowledged "lapses in institutional processes" and expressed "deep regret" at events surrounding resignations of Pratap Bhanu Mehta and noted economist Arvind Subramanian
Students of Ashoka University have announced a two-day boycott of classes in protest against resignations of faculty members Pratap Bhanu Mehta and Arvind Subramanian