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The Latest Breaking News from DRI

Policeman posted at Surat airport arrested in ₹25-crore gold smuggling case

A policeman has been arrested by the Directorate of Revenue Intelligence (DRI) in connection with the recent seizure of gold worth nearly ₹25 crore in paste form at the Surat International Airport, an official said on July 11.

The Hindu

DRI seizes 48 kg gold paste worth approximately ₹25 crore at Surat airport in Gujarat; 4 held

The DRI found 43.5 kg of gold in paste form concealed in 20 white colour packets hidden in five black belts in their baggage at Surat’s airport.

The Hindu

DRI seizes gold worth ₹1.62 crore from three passengers at Kannur airport

The Directorate of Revenue Intelligence (DRI) seized gold worth ₹1.62 crore from three passengers who arrived at the Kannur International airport on Monday and Tuesday

The Hindu

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Two customs officers arrested for aiding gold smuggling racket

The Directorate of Revenue Intelligence (DRI) detained two Customs officials for their alleged involvement in gold smuggling through the Thiruvananthapuram International Airport on Thursday.

The Hindu

DRI seizes 10 kg of smuggled foreign gold after intercepting car in A.P.’s Nellore, three held

The gold had been concealed inside the car’s rear seat. Another 2.47 kg of gold was seized from a receiver in hyderabad

The Hindu

Three domestic helpers caught selling marijuana

An inter-state drug racket was busted when three domestic helpers were allegedly caught selling marijuana on the roadside in ITC Colony, Jeevanahalli on Thursday by the Pulakeshinagar police

The Hindu

Indian Coast Guard, Directorate of Revenue Intelligence seize ₹20 crore worth gold smuggled from Sri Lanka

On the second day of search by scuba divers deployed by the Indian Coast Guard and the Directorate of Revenue Intelligence, the Central agencies recovered 11.600 kg of gold from the seabed in Gulf of Mannar on Thursday.

The Hindu

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DRI seizes foreign cigarettes worth ₹24 crore in Mumbai; 5 persons arrested

The Directorate of Revenue Intelligence, Mumbai, has seized 1.2 crore sticks of foreign origin cigarettes with an estimated market value of ₹24 crore and arrested five persons including an importer for allegedly trying to smuggle them, the DRI said on May 14.

The Hindu

DRI nabs 18 Sudan nationals, 1 Indian for smuggling gold worth Rs 10 cr

The Directorate of Revenue Intelligence (DRI) thwarted a smuggling bid and arrested 18 female Sudan nationals and one Indian at the Chhatrapati Shivani Maharaj International Airport in Mumbai. Read further on Dynamite News:

Dynamite News

Maximize Your Retirement Income With These 2 Stocks

The ever-rising cost of living and inflation prove challenging for individuals planning their retirement. Investors looking to maximize their retirement income could buy fundamentally strong dividend-paying stocks, Darden Restaurants (DRI) and Victory Capital Holdings (VCTR). Read more.

StockNews.com

3 Stocks That Could Easily Survive a Recession

The Fed's persistent hawkish stance is making a recession in the next year look inevitable. Given the backdrop, investors could consider investing in quality stocks UnitedHealth (UNH), PepsiCo (PEP), and Darden Restaurants (DRI) to shield their portfolios from recession blues. These stocks possess solid dividend-paying records. Keep reading….

StockNews.com

2 Stocks Investors Should Never Hesitate to Buy

With the market expected to remain under pressure in the near term, one could invest in quality dividend-paying stocks, Procter & Gamble (PG) and Darden Restaurants (DRI), without hesitation. Moreover, these stocks are expected to benefit this holiday season significantly. Continue reading.

StockNews.com

2 Consumer Stocks to Consider Buying This Week

Consumer spending remains resilient despite the macroeconomic uncertainties. Moreover, easing inflation pressures should boost consumer spending. Therefore, fundamentally strong consumer stocks McDonald's (MCD) and Darden Restaurants (DRI) could be ideal purchases amid the holiday season. Read on….

StockNews.com

Heroin worth more than ₹100 crore seized at Mumbai airport; woman from Ghana among two held

The Directorate of Revenue Intelligence had laid a trap at the Chhatrapati Shivaji Maharaj International Airport on a tip-off that a passenger travelling from Malawi, an African country, was trying to smuggle narcotic drugs into India

The Hindu

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The Hindu

Pakistani fishing boat with drugs worth ₹200 crore seized off Gujarat

According to officials, the fishing boat carrying drugs was intercepted mid-sea by a joint team of the Indian Coast Guard and Gujarat ATS near Jakhau harbour in Kutch district.

The Hindu

Woman traveller held at Gannavaram airport, 980 g gold seized

Accused smuggled ornaments from UAE, say DRI officials

The Hindu

Gujarat ATS and DRI in a joint operation seized heroin worth ₹200 crore from Kolkata

The drug consignment had apparently arrived from Dubai in February this year

The Hindu

DRI arrests man in Bengaluru carrying 16 kg of heroin worth ₹112 crore

The biggest seizure for the Bengaluru unit of DRI, this is the second such arrest this week — on Aug 3, an African national was arrested for smuggling ₹11 crore worth of cocaine

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The Hindu

DRI arrests two African nationals; seizes ₹34 crore worth heroin, meth

Bengaluru

The Hindu

DRI detects Customs duty ‘evasion’ of ₹4,389 crore by Oppo India

The DRI’s earlier searches yielded ‘incriminating’ evidence indicating alleged wilful mis-declaration in the description of certain items imported by Oppo India for use in the manufacture of mobile phones.

The Hindu

Police seize 75 kg heroin near Mundra port in Gujarat

Officials say Gujarat’s ports and porous sea coast are being increasingly used as transit centres to smuggle drugs

Benzinga

Read How Analysts Reacted To Darden Restaurants' Q4 Results

Wedbush analyst Nick Setyan lowered the price target on Darden Restaurants Inc (NYSE:DRI) to $122 (3% upside) from $140 and kept a Neutral rating on the shares. The analyst noted that FY23 guidance is predicated on normalization in inflation trends in the second half and has lowered his FY23 EPS estimate to $7.60 from $8.41…

Benzinga

Earnings Beat, Dividend Hike, New Buyback: Darden Restaurants' Q4 Highlights

Darden Restaurants Inc (NYSE:DRI) reported fourth-quarter FY22 sales growth of 14.2% year-on-year to $2.60 billion, beating the consensus of $2.54 billion. Same-restaurant sales increased 11.7% versus last year. Olive Garden sales increased 8.2%, LongHorn Steakhouse climbed 13.2%, and Fine Dining jumped 40.7%. Darden clocked an operating margin of 13%, and the operating income…

StockNews.com

Think Inflation Has Peaked? Then Consider Buying These 5 Consumer Discretionary Stocks

The Consumer Price Index is expected to remain flat in May. Furthermore, the leading indicators of inflation are showing signs of easing. So, we think investors who believe inflation has peaked could now look to add the stocks of consumer discretionary companies O’Reilly Automotive (ORLY), InterContinental Hotels (IHG), Darden Restaurants…

The Hindu

Cocaine worth over ₹500 crore seized near Mundra Port in Gujarat

A team of DRI officials searched and scanned a container, which had arrived a few days back from Dubai and housed at a Container Freight Station near the port in Mundra.

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