Tollywood drugs case: Mumaith Khan appears before ED

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Hyderabad, Sep 15 | Actor Mumaith Khan on Wednesday appeared before the Enforcement Directorate (ED) for questioning in connection with a money laundering probe linked to drug case which had rocked Tollywood in 2017.

The actor, known for her item numbers in South Indian films, reached the ED office around 10 a.m. in response to the summons issued by the agency.

She is likely to be questioned by the ED sleuths about her suspected financial transactions and if she attended parties held at ‘F’ Club, which was once owned by actor Navdeep. The ED grilled Navdeep and a former general manager of the club on Monday.

Director Puri Jagannadh and actors Charmee Kaur, Rakul Preet Singh, Nandu, Daggubati Rana, Ravi Teja and Navdeep were other Tollywood personalities questioned. The agency also grilled Ravi Teja’s driver and aide Srinivas. They were all grilled for 8-10 hours each.

Mumaith Khan is the seventh person from Telugu film industry to appear before the ED since it began questioning on August 31 in money laundering probe in connection with a high-end drugs racket busted by Telangana’s prohibition and excise department.

Actor Ravi Teja and his driver and aide Srinivas had appeared before the ED officials on September 9. Navdeep is considered a close friend of Ravi Teja.

The questioning was believed to be around their suspicious financial transactions with those involved in drug case.

The ED had last month issued notices to about a dozen people connected to Tollywood as part of a money laundering probe linked to the case related to the smuggling of ‘Class A’ narcotic substances, including LSD and MDMA.

The ED officials also questioned prime accused Calvin Mascarenhas and two other accused Abdul Quddus and Abdul Wahed.

Actors Tanish and Tarun have also been summoned by the ED in connection the drugs racket which was busted with the arrest of drug peddlers in 2017.

The drugs racket was busted on July 2, 2017 when customs officials arrested Calvin Mascarenhas, a musician, and two others and seized drugs worth Rs 30 lakh from their possession.

They had reportedly told the investigators that they are supplying drugs to film celebrities, software engineers, and even students of some corporate schools. Mobile numbers of some Tollywood celebrities were allegedly found in their contact lists.

The excise department had constituted SIT for a comprehensive probe. A total of 12 cases were registered, 30 people were arrested while 62 individuals including 11 people connected with Tollywood were examined by the SIT under section 67 of the Narcotic Drugs and Psychotropic Substances (NDPS) Act and section 161 of Criminal Procedure Code.

An American, a South African and a Netherlands national were among those arrested.

The SIT had collected blood, hair, nail and other samples from some of those who appeared before it for question and sent them for analysis.

The SIT filed chargesheet in eight out of 12 cases. It, however, gave clean chit to the film personalities who were questioned as part of the investigation.

Source: IANS

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Does MBA really help in getting a better job offer ?

Does MBA really help in getting a better job offer ?

Most students pursuing an MBA come with the sole objective of having a decent job offer or a promotion in the existing job soon after completion of the MBA. And most of them take loans to pursue this career dream. According to a recent survey by education portal Campusutra.com  74% MBA 2022-24 aspirants said they would opt for education loans.

There are exceptional cases like those seeking master’s degree or may have a family business to take care of or an entrepreneurial venture in mind. But the exception cases are barely 1%. For the rest 99%, a management degree is a ticket to a dream job through campus placements or leap towards career enhancements. Stakes are high as many of them quit their jobs which essentially means loss of 2 years of income, apprehension and uncertainty of the job market. On top of that, the pressure to pay back the education loans. Hence the returns have to be high. There is more than just the management degree. Colleges need to ensure that they offer quality management education which enables them to be prepared for not just the demands of recruiters and for a decent job but also to sustain and achieve, all along their career path.

  • So, what exactly are the B Schools doing to prepare their students for the job market and make them industry ready ?
  •  Are B schools ready to deliver and prepare the future business leaders to cope up with the disrupted market ?  

These are the two key questions every MBA aspirant needs to ask, check and validate before filling the MBA application forms of management institutes. And worth mentioning that these application forms do not come cheap. An MBA aspirant who may have shortlisted 5 B Schools to apply for, may end up spending Rs 10,000.00 to Rs 15,000.00 just buying MBA / PGDM application forms.

While internship and placements data of some management institutes clearly indicates that recruiters today have specific demands. The skill sets looked for are job centric and industry oriented. MBA schools which have adopted new models of delivery and technology, redesigned their courses, built an effective evaluation process and prepared the students to cope with the dynamic business scenario, have done great with campus placements despite the economic slow down.

However, the skill set being looked for by a consulting company like Deloitte or KPMG may be quite different from FMCG or a manufacturing sector. Institutes need to acknowledge this fact and act accordingly.

  • Management institutes should ensure that students are intellectually engaged, self motivated and adapt to changes fast. In one word ‘VUCA ready’.
  • B Schools should encourage students to participate in national and international competitive events, simulations of business scenarios.
  • Institutes should have the right mix of faculty members with industry exposure and pure academics.

The placement records of 2021 across top management institutes indicated the fact that recruitment is happening, skilled talent is in demand and certain management institutions continued to attract recruiters even in the middle of an ongoing crisis.

It is time, all management institutes rise to the occasion, understand market realities and identify areas of improvement at both ends – students and faculty.

After all, the stakes are high at both ends. B Schools taking corrective measures will stay while those which are lagging will end up shutting down.

Author Name : Nirmalya Pal

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