Hyd HC quashes charges against N Srinivasan
The Hyderabad High Court on Friday quashed criminal charges against India Cements MD N Srinivasan in connection with a disproportionate assets case involving YSR Congress leader Jagan Mohan Reddy. The CBI's chargesheet alleged that Srinivasan's ₹140-crore investment in firms promoted by the YSRCP leader was a bribe. It added that India Cements received benefits in land and water allocations.