Indian police said Sunday that they had arrested a Kashmiri man accused of being the main financier and planner of bombings last month in New Delhi that killed more than 60 people.

New Delhi's police commissioner, K.K. Paul, said at a news conference that the suspect, Tariq Ahmad Dar, was alleged to be a member of Lashkar-i-Taiba, a militant group based in Pakistan, the Press Trust of India reported. Dar, a sales representative for a pharmaceutical company, was arrested last week in Srinagar, the summer capital of the Indian part of Kashmir, and brought to New Delhi for questioning, Paul said.

Dar has not been formally charged, but police have obtained court permission to detain him for two weeks to question him about the bombings and other suspects, Paul said. At least seven other people are believed to have been involved in the conspiracy, four of whom have been identified by name, Paul said. He said he could not provide more information because the investigations were continuing.

Dar was not in New Delhi on the day of the bombings but was "an important financier, conspirator and coordinator of Lashkar," the Associated Press quoted Paul as saying.

The three blasts in the Indian capital occurred within minutes of one another when many people were out shopping before the Hindu festival of Diwali and the Muslim Eid al-Fitr celebration. Two of the explosions ripped through the crowded Sarojini Nagar and Paharganj markets. A third exploded on a bus but killed no one.

Lashkar-i-Taiba is one of the largest groups fighting Indian forces in the disputed Himalayan province of Kashmir. U.S. authorities have linked Lashkar to al Qaeda, and Pakistan's president, Gen. Pervez Musharraf, banned the group as part of his crackdown on extremist organizations.