05062026-TTC-01.qxd 6/5/2026 HEZBOLLAH REJECTS TRUCE DEAL WITH ISRAEL WORLD /thetribunechd 12:38 AM Page 1 13 CHANDIGARH | GURUGRAM | JALANDHAR | BATHINDA | VOL. 146 NO. 154 | 16 PAGES | ~5.00 | REGD. NO. CHD/0006/2024-2026 ESTABLISHED IN 1881 EDUCATION SYSTEM FAILING YOUTH: RAHUL BACK PAGE friday | 5 june 2026 /thetribunechd www.tribuneindia.com Sebi flags ~15L cr revenue Tears, shock as 5 of family cremated gap in jewellery firm; Cong questions 10% LIC stake In WFI vs Vinesh, SC no to expunge DELHI INFERNO Watched helplessly as hotel burnt, says G’gram victim’s father-in-law critical remarks Manikant Mishra Aditya Rangroo Tribune News Service New Delhi, June 4 Gold refiner and jewellery manufacturer Rajesh Exports Ltd (REL) allegedly inflated its consolidated revenues by more than Rs 15 lakh crore over five years by attributing massive revenues to overseas subsidiaries, according to an interim order by Sebi. Following this revelation, the Congress has raised questions over Life Insurance Corporation’s (LIC) 10.8 per cent stake in the company. The regulator has raised serious concerns over what it described as a prima facie misrepresentation of the NO IRREGULARITIES, SAYS RAJESH EXPORTS Rajesh Exports has denied any financial irregularities, saying its reported revenues were correct and that there seemed to be a communication gap with Sebi. company’s financial position, noting that almost the REL’s entire reported revenues were attributed to overseas subsidiaries whose financial statements were not made publicly available. On its part, the REL on Thursday denied any financial irregularities, saying its reported revenues were correct and that there seemed to be a communication gap between the regula- tor and the firm. “The revenues declared by the company are correct, and there is no overstating of revenues. There seems to be some type of communication gap and confusion between Sebi and the company,” it said in a BSE filing. According to Sebi, the REL reported consolidated revenues of about Rs 15.18 lakh crore between FY21 and FY25. Of this, approximately Rs 15.15 lakh crore, or 99.8 per cent of the revenues attributed to subsidiaries, could not be reconciled with the audited standalone financial statements of Switzerland-based Valcambi SA, the group’s principal operating subsidiary. continued on page 6 Family performs the last rites of one of the five Malviya Nagar fire victims at a cremation ground in Gurugram. ANI India, Venezuela vow deeper energy ties Ujwal Jalali Tribune News Service Prime Minister Narendra Modi shakes hands with Venezuela’s Acting President Delcy Rodríguez in New Delhi on Thursday. MANAS RANJAN BHUI Tarun Chugh New Delhi, June 4 India and Venezuela on Thursday agreed to deepen cooperation in energy, critical minerals, technology, agriculture and healthcare as Prime Minister Narendra Modi held wide-ranging talks with Venezuelan Acting President Delcy Rodríguez, with energy security emerging as the central theme of the visit. Describing Venezuela as a PM, Rodríguez discuss cooperation in key sectors valued partner in Latin America, Modi said the two sides had extensive discussions on expanding cooperation across key sectors and reaffirmed their commitment to advancing the interests of the Global South. “Happy to meet with the Acting President of Venezuela, Delcy Rodríguez. continued on page 6 Satish Poonia BJP picks Chugh, Poonia for RS poll; Bittu not on list of 11 Aditi Tandon Tribune News Service New Delhi, June 4 The ruling BJP on Thursday nominated its national general secretary Tarun Chugh and Haryana state in-charge Satish Poonia for the Rajya Sabha elections, due on June 18. CONG RENOMINATES KHARGE FROM K’TAKA In a list of 11 nominees, the party announced the name of Chugh, who belongs to Amritsar, from Madhya Pradesh and Poonia from Rajasthan. That a Cabinet reshuffle may be imminent is indicative considering the BJP list does not continued on page 6 Southwestmonsoon hitsKerala3dayslate NEW DELHI:The southwest mon- soon set over Kerala on Thursday, three days later than its usual date of June 1. The Meteorological Department has predicted moderate to severe thunderstorms over many parts of northwest, central and east India and south Peninsular India during the next two to three days. BACK PAGE Two arrested with 2.5 kg IED in Mohali MOHALI: The State Special Operations Cell, Mohali, has thwarted a terror conspiracy with the arrest of two associates — Mani Singh and Abhishek Kumar of Amritsar — of a foreign-based terror operative and seized an RDX-based improvised explosive device (IED), weighing 2.5 kg, from their possession. INSIDE c m y b Satya Prakash Tribune News Service Tribune News Service Gurugram, June 4 Hundreds gathered in Gurugram today to bid farewell to five members of the Vivek Aggarwal family who perished in the Wednesday inferno at a South Delhi hotel. Among those who cried inconsolably was Prem Bansal, the father-in-law of Vivek Aggarwal, who had gone to the ill-fated Flourish Stay Inn around 8.30 am yesterday to deliver breakfast to his daughter, son-in-law and grandchildren. “I was right there outside the hotel as it went up in flames. I had arrived with breakfast for my children and found them trapped inside. I could do nothing to save them,” Bansal was heard telling relatives at Moksha Dham in Sector 32, Gurugram, where the sight of five continued on page 6 New Delhi, June 4 The Supreme Court on Thursday refused to expunge the Delhi High Court’s remarks against the Wrestling Federation of India (WFI) in its order allowing wrestler Vinesh Phogat to participate in the Asian Games-2026 selection trials, saying disposal of the wrestling body’s petition did not mean it endorsed them. A Bench of Justice PS Narasimha and Justice Aravind Kumar, however, said the WFI petition challenging the HC order had become infructuous after Phogat participated in the trials on May 30 and 31 following its May 29 order. “In view of subsequent developments, this SLP (special leave petition) is rendered infructuous. This will not be taken as having reiterated the findings and observations of the high court. The issues are kept open,” the Bench said. The HC had pulled up the WFI for issuing a show-cause notice to Phogat and termed the federation’s action as “vindictive” and “deplorable”. As senior advocate DN Goburdhun submitted on behalf of the WFI that “she (Phogat) did not succeed but she created havoc over there”, the SC Bench said the issue had become infructuous. Goburdhun urged the Bench to expunge adverse remarks made by the high court against the WFI. “All these observations will have continued on page 6 Lack of preparation holding India back from becoming Vishwaguru: Bhagwat Nagpur, June 4 RSS chief Mohan Bhagwat today said lack of preparation was holding India back from becoming a “Vishwaguru”. “There are people among us who sow discord, and the forces which do not want India to become great are ready to create unrest in social life by finding small pretexts,” he said at the conclusion of an RSS volunteer training camp Mohan Bhagwat with industrialist KM Birla in Nagpur on Thursday. PTI in Nagpur. He, however, declared that “India’s time has come” as the world grap- ples with conflict-driven models of development, soaring oil prices and deep systemic confusion. The Nagpur event was also attended by prominent industrialist Kumar Mangalam Birla as the chief guest. Bhagwat asserted that India was uniquely positioned to offer the holistic solutions the global community currently lacked. Referring to the West continued on page 6