City Sandeep Financial News

Supreme Court has said that Article 21 is the soul of the Constitution as the liberty of a citizen is of paramount importance and the high court not expeditiously adjudicating matters related to it would deprive a person of this precious right. A bench of Justice B R Gavai and Justice Sandeep Mehta made the observation after noting that the Bombay High Court has granted bail to one Amol Vithal Vahile, a prime accused in the murder of a corporator in Maharashtra, after a nudge from the apex court on January 29. The bench, in its recent order, said it is thus clear that before the order was passed by this court on January 29, 2024, the high court instead of deciding the application for bail on merits shunted it on one or the other ground. «Needless to state that Article 21 of the Constitution of India is the soul of the Constitution as the liberty of a citizen is of paramount importance. Not deciding the matter pertaining to liberty of a citizen expeditiously and shunting away the matter on one or the other ground would deprive the party of their precious right guaranteed under Article 21 of the Constitution of India,» it said.

Zeno Health, which runs a chain of generic medicine-focussed pharmacies, has raised $25 million from investors led by Korean private equity firm STIC Investments. Existing investor Lightbox Ventures was a significant participant in the Series C funding round.

Delhi Chief Minister and party's national convener Arvind Kejriwal. AAP leader Sandeep Pathak made the Lok Sabha candidate list announcement, “There will be a total of 23 (Lok Sabha) candidates of AAP, of which five have already been announced. Today, we are announcing five more candidates of which four are from Delhi and one from Haryana.

Mumbai bench of Income Tax Appellate Tribunal has allowed ICICI Bank Ltd to avail ₹1,855 crore bad debt write-off as deduction, but dismissed the private bank's appeal seeking ₹502-crore worth long-term capital loss allowance. The appellate tribunal was hearing ICICI Bank's appeal against an order of principal commissioner of Income tax (PCIT) for 2015-16. The PCIT had ruled that an allowance of long-term capital loss of ₹996 crore was irregular and that the bank had claimed an excess capital loss of ₹502 crore. The bank had calculated capital gain and capital loss while acquiring and selling shares, applying the cost of inflation index on foreign currency rather than Indian currency, it said. The ITAT bench of Sandeep Singh Karhail and Prashant Maharishi upheld the order of PCIT and observed that ICICI Bank transacted in Indian currency and, therefore, it could not have indexed the cost of inflation on foreign currency.

Arvind Kejriwal will receive a notice by the CBI (Central Bureau of Investigation) under CrPC (Code of Criminal Procedure) Section 41A in the next two days, and he will be arrested by both the CBI and the ED (Enforcement Directorate)," Atishi said. She said AAP leaders started receiving threat messages ever since the reports emerged about the Congress and the AAP finalising their seat-sharing deal for the Lok Sabha Elections. "We all know that the deal is almost finalised," she said.

Gold rate today, 22 Feb 2024: After the release of the US Fed minutes on Wednesday, gold price today witnessed some relief rally during morning deals. Gold futures contract on the Multi Commodity Exchange (MCX) for April 2024 expiry opened higher at ₹62,155 per 10 gm level and went on touch an intraday high of ₹62,169 per 10 gm level.

Arvind Kejriwal on Sunday said Congress and Aam Aadmi Party had "mutually agreed" to contest the upcoming Lok Sabha elections in Punjab separately and there is no bitterness between the two parties over the issue. “In Punjab, the Congress and AAP have mutually agreed to contest the polls separately. There is no hostility over this," NDTV quoted the Delhi Chief Minister as saying.

HT. He noted that he was glad to be a Mumbaikar and vowed to be a good father. He welcomed daughter Raha Kapoor with actor-wife Alia Bhatt in 2022.

Analysts warn that Coinbase’s medium-to-long-term performance could suffer as newly launched Bitcoin spot ETFs challenge its market share.

AAP on Tuesday declared that it is willing to cede only one of seven parliamentary seats in Delhi to Congress and announced candidates for two seats in Gujarat and one in Goa, pushing the opposition INDIA bloc to the brink of collapse. AAP said it wants to contest eight of the 26 seats in Gujarat and one of the two seats in Goa in alliance with its INDIA bloc partner Congress. The decision was taken at a meeting of AAP's political affairs committee, led by party convenor Arvind Kejriwal. Showing its displeasure over the long time being taken to hammer out seat-sharing arrangements in different states, AAP said it would be forced to declare candidates for six parliamentary seats in Delhi, leaving one for Congress. The party, however, did not clarify which seats it would contest in Delhi.

BJP will win all the seven Lok Sabha seats in Delhi with huge margins whether or not the AAP and Congress have an alliance, BJP's city unit president Virendra Sachdeva said on Tuesday. His reaction came as the AAP asserted it will contest six seats in the national capital, leaving just one for senior INDIA bloc ally Congress. The AAP has shown the Congress its reality in Delhi, Sachdeva said. «No matter whether the AAP and Congress have an alliance, we are going to win all the Lok Sabha seats, polling at least 65 per cent votes in the coming elections,» claimed the Delhi BJP president.

BLive, a startup that offers a wide range of EVs and related services through a digital platform. In his response to our questionnaire, Kholkar said that India's EV market has great potential. He also discussed EV subsidies, BLive's financials, and business plans. Edited excerpts: Tell us something about BLive At BLive, we are on a mission to drive the adoption of sustainable mobility. My co-founder Sandeep and I, come from corporate backgrounds and always had the vision of creating something that could drive positive and meaningful impact and we chose electric vehicles as they are a perfect fit to addressing the current growing transport need of our country.

Teri Baaton Mein Aisa Uljha Jiya Box Office Collection Day 1: Bollywood movie Teri Baaton Mein Aisa Uljha Jiya, starring Shahid Kapoor and Kriti Sanon, was released on February 9. Upon its release, the movie collected ₹6.50 crore. As per media reports, the movie has been made with ₹75 crore.

Nitish Kumar severed ties with the grand alliance in Bihar and rejoined BJP-led National Democratic Alliance (NDA). Meanwhile, Punjab Chief Minister and AAP leader Bhagwant Mann had earlier said there will be no alliance with Congress for the upcoming Lok Sabha elections in the state.

Ranbir Kapoor's blockbuster film, 'Animal,' is gearing up for its digital debut on Netflix, scheduled for January 26, 2024, coinciding with Republic Day. Directed by Sandeep Reddy Vanga, the action-packed drama initially hit theatres on December 1, 2023, amassing a staggering Rs 550 crore net in India and a whopping Rs 900 crore globally. Now, as the anticipation builds for its OTT release, there have been rumours circulating about an extended runtime and additional scenes. Let's delve into the details to separate fact from fiction.

₹8,713.70 on Tuesday. This growth was primarily driven by its healthcare and life sciences vertical, while the troubled BFSI and software segments lagged. Despite the positive results, caution is advised going ahead.

insurance brokerage Lockton on Monday announced its entry into the Indian market. With over 135 offices worldwide, Lockton's entry in the country is subject to regulatory approval. This will meet India's growing demand for risk consulting and management services, the company said in a statement.

Insurance broking company Lockton said it is entering the Indian market with Sandeep Dadia as its country chief executive. Dadia who was previously the CEO of Aditya Birla Insurance Brokers Limited, has spent around 20 years in the insurance business, having worked with Enam Insurance Brokers and TTK Healthcare Services.

insurance brokerage Lockton has announced its entry into the Indian market with the appointment of Sandeep Dadia as its chief executive for the country and a member of the Lockton Asia leadership team.

banks reported higher quarterly net profit Saturday, as growth in retail loans, increased non-interest income and a fall in provisions more than offset the impact of increasing cost of funds that weighed on their net interest margins (NIMs). ICICI Bank, the largest of the six lenders, reported a 24% rise in net profit to ₹10,272 crore for the quarter ended December 31, compared with ₹8,312 crore a year earlier. A key driver of its profit growth was other — or non-interest — income which, excluding treasury, rose 20% to ₹5,975 crore, led by 19% growth in fee income. Net interest income (NII) — or the difference between interest income earned on loans and that paid for deposits — rose at a slower 13% to ₹18,678 crore, largely reflecting the weaker NIM which eased to 4.43% from 4.65% a year earlier. HDFC Bank, the nation's largest lender by market value, also on Tuesday reported a smaller net interest margin, even as its net profit rose 34% year-on-year. ICICI Bank executive director Sandeep Batra shrugged off the reduction in margin as an industry phenomenon due to rising deposit rates.

Bollywood film Animal, as per PTI. Cine 1 Studios’ plea seeks to halt the release of Animal on digital and satellite platforms. Justice Sanjeev Narula mandated that the defendants submit affidavits to acknowledge or refute the documents presented by Cine 1 Studios.