Courts Financial News
14.08 / 09:33
Food
wellness
show
country
social
Courts
Interviews
Riots in the UK make a case for social media supervision
The UK’s image as a multicultural country is the obvious loser from the far-right violence of the past fortnight, but in time these tragic events may have wider implications for the policing of social media everywhere. The role of X in disseminating often-false information and lionizing rabble-rousers, as well as X owner Elon Musk’s provocative tweets and irresponsible retweets, are all under the microscope.
14.08 / 09:01
markets
Provident
Manufacturing
Mobile
exclusive
prevention
Courts
Okinawa fails legal bid to escape penalties for abusing govt’s EV scheme
₹117 crore in penalties to the government. The penalties were imposed after the ministry of heavy industries found that Okinawa allegedly violated domestic manufacturing criteria under the FAME-II (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme. The second edition of the scheme that’s designed to promote the adoption of electric vehicles in India concluded in March.
14.08 / 08:26
markets
UPS
Digital
Google
Landmark
Justice
Courts
Google antitrust ruling: The big deal about Big Tech's monopoly power
Mint Quick Edit | Google's search monopoly ruling: Error 404? By locking more users into its ecosystem of services such as Gmail, Google Maps and YouTube, the company gains access to more user data, which in turn lets it develop newer services and better artificial intelligence technology. The court noted that Google accounts for 90% of global web searches, which denies other companies the opportunity to grow and compete with it. Google has inflated ad prices above free-market levels, it said, giving it the power to pay billions for default status and maintain its monopoly.
14.08 / 07:54
Citi
Provident
information
testing
travelers
Courts
Sporting
Hit-and-run: SUV fatally knocks down auto-rickshaw driver, injures his friend in Mumbai
Maharashtra, an auto-rickshaw driver was killed and his friend injured when an SUV ran over them while they were sleeping at the Versova beach in Mumbai, police said on Wednesday. The incident took place in the early hours of Monday following which the sports utility vehicle (SUV) driver fled from the spot without providing any help to the victims, they said. The SUV driver and another occupant of the vehicle have been arrested. Auto-rickshaw driver Ganesh Yadav and his friend Bablu Shrivastava were sleeping at the beach as they felt hot in their room located nearby in the Sagar Kutir Rahivasi Sangh slum area, an official from Versova police station said.
14.08 / 07:34
markets
Blockchain
Provident
track
electronic
reports
Courts
Australia’s ASIC Sues Stock Market Operator Over Misleading Blockchain Upgrade Claims
Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.
14.08 / 07:05
COST
UPS
BAY
track
Courts
Hindalco net debt negative in India; in Q2, EBITDA per tonne to come in a bit lower than in Q1: Satish Pai
Satish Pai, MD, Hindalco, says this quarter the sales were much higher than expected. The demand was very strong, and operational efficiencies were good. The company got a higher number, but there was also some amount of hedge accounting noise that came in, which can always go either way. So, on a consistent onward-going basis, Hindalco will stick with the Rs 600 crore guidance. Further, in India, Hindalco is net debt negative. The gross debt in India is around Rs 8,000 crore. The company does not have any plans to reduce that anymore. In Novelis, once the Bay Minette project is over, they will be back to normal two-and-a-half type of net debt to EBITDA rates. While Q1 revenue growth was largely in line with the guidance that you had earlier stated, given the recent fall in metal prices that we have seen recently, are you confident of achieving, let us say, 6% to 8% top-line growth guidance that you had given at the start of the year? Satish Pai: So, I think that honestly in our commodity type of business, we are more interested in growing the EBITDA than the top line. So, if you look at it, this quarter our consolidated EBITDA of Rs 7,992 crore was up 31% year-on-year. Our focus is on profitability and margins more than just trying to grow the top line because the top line in a commodity business is very much driven by the price of aluminium and copper, which is not really in our control. So, what we try to focus on is the profitability.
14.08 / 04:53
students
hospital
reports
SOLIDARITY
Courts
Colleges
Investigations
Doctor rape-murder case: CBI team arrives in Kolkata to begin investigation
The CBI has also arrived with a specialised medical and forensic team from Delhi. On Tuesday, the Calcutta High Court ordered a CBI investigation into the sexual assault and murder of a woman post-graduate trainee (PGT) doctor on August 9.
13.08 / 19:30
13.08 / 19:09
Provident
Assurant
President
reports
Department
Courts
Investigations
Kolkata doctor rape-murder case: Doctors' union calls off strike after meeting Union Minister Nadda
Health Minister JP Nadda on Tuesday, Federation of Resident Doctors’ Association (FORDA) has called off its strike, which began to protest the recent rape and murder of a trainee doctor in Kolkata. FORDA's nationwide indefinite strike, which began on August 12, witnessed shutting down of outpatient departments (OPDs), operation theatres, and ward duties, while emergency services continued to operate as usual. The delegation led by the association's President Aviral Mathur, presented its reformulated demands and were assured support by Nadda.
13.08 / 19:08
UPS
Citi
security
wellness
information
Courts
Investigations
ED summons Dabur chief, others in Religare open offer case
Enforcement Directorate (ED) recently summoned Dabur India chairman Mohit Burman as part of its investigation into an alleged money laundering case related to the open offer made by the Burman family to the shareholders of Religare Enterprises (REL). Also summoned were three independent directors of REL subsidiary Care Health Insurance and the manager of the open offer, said people aware of the development. Most didn't appear in person but sent their representatives. The first round of questions by the federal probe agency is to take their statements and understand and evaluate them. «The probe has commenced and since there are allegations and counter-allegations, those related to the case were summoned,» said one of the persons cited. «Their statements are being studied to evaluate if there is a case of money laundering and if the allegations levelled by the complainant in the predicate offence is indeed true.»
13.08 / 19:05
Booking
Man
Justice
show
Courts
Investigations
SC: Bail is rule, jail exception' applies even to UAPA offences
jail is an exception" legal principle is applicable even to offences under special statutes like the Unlawful Activities (Prevention) Act, the Supreme Court ruled on Tuesday while granting bail to a man accused of harbouring suspected terrorists. A bench of justices Abhay Oka and Augustine George Masih said once a case has been made out for the grant of bail to an accused, the court cannot decline the relief. «When a case is made out for a grant of bail, the courts should not have any hesitation in granting bail. The allegations of the prosecution may be very serious. But, the duty of the courts is to consider the case for grant of bail in accordance with the law. 'Bail is the rule and jail is an exception' is a settled law,» SC said. The verdict came while ordering the release of a retired police constable Jalaluddin Khan, who was booked under the stringent provisions of the anti-terror law and those of the now defunct Indian Penal Code for renting out the upper floor of his house to alleged members of the banned Popular Front of India.
13.08 / 17:18
CEO
Bill
President
performer
inclusion
Courts
Destinations
Blink Fitness, an affordable gym operator, files for Chapter 11 bankruptcy
Gym operator Blink Fitness has filed for Chapter 11 bankruptcy protection
13.08 / 15:33
Provident
WhatsApp
Justice
reports
Courts
rights
Karnataka govt to seek to vacate court stay against implementation of Chamundeshwari Act
Chamundeshwari Kshetra Development Authority Act of 2024. The High Court had temporarily stayed the implementation of the Act, after a member of the erstwhile Mysuru royal family — Pramoda Devi Wadiyar — challenged its legality. Passed in February, the Act aims to provide for the constitution of an independent statutory authority to undertake the work of «development and maintenance» of 'Shree Chamundeshwari Kshethra'. «We will try to vacate the High Court stay legally,» Siddaramaiah told reporters in Koppal district in response to a question on the High Court stay.
13.08 / 11:11
Olympics
reports
Courts
Sporting
wrestling
UWW
freestyle
Are there any loopholes that could've worked in Vinesh Phogat's favour during CAS hearing? Here are details
Vinesh Phogat's fate who was disqualified from the Paris 2024 Olympics gold medal match in the 50kg freestyle wrestling category is now in the hands of Court of Arbitration for Sport (CAS) who will deliver its verdict on August 13. While the hearings are completed and only the verdict is left, there might be a crucial 'loophole' in the United World Wrestling (UWW) rulebook that could potentially benefit Phogat, according to media reports. According to current regulations, Phogat’s disqualification was due to her failing the weigh-in by a mere 100 grams. UWW rules state that no exceptions can be made for such violations, which seemingly rules out the possibility of awarding Phogat a silver medal. However, an intriguing loophole in the rulebook might offer Phogat a chance.
13.08 / 10:34
students
Justice
Inside
hospital
Courts
Colleges
Investigations
Kolkata doctor rape-murder: Calcutta HC transfers case to CBI
The court also urged agitating doctors to call off ceasework and said they have a 'pious obligation'. The body of the woman postgraduate trainee doctor was found raped and murdered inside the college and hospital in Kolkata on August 9, sparking widespread outrage and protests.
13.08 / 10:31
Landmark
community
Justice
exclusive
recommendations
Courts
rights
Delhi HC asks Centre to clear its stand on PIL challenging exclusion of provision for unnatural sex in new criminal laws
Delhi High Court on Tuesday asked the Centre to clarify its position on a Public Interest Litigation (PIL) which stated that the new criminal laws Bharatiya Nyaya Sanhita (BNS) lacks a provision equivalent to Section 377 of the Indian Penal Code (IPC). Section 377 had previously criminalized «sodomy» and "unnatural sex," but was partially decriminalized by the Supreme Court in 2018, stated the plea. The bench, led by Acting Chief Justice Manmohan and including Justice Tushar Rao Gedela, has given the Union of India's counsel ten days to take instructions on the grievance raised in the PIL and fixed the matter for further hearing on August 27, 2024.
13.08 / 05:47
Provident
Merit
Justice
reports
Courts
Investigations
Relationships
RBC’s former CFO is suing the bank for nearly $50M. Here’s why
The former chief financial officer for Royal Bank of Canada is suing the bank for almost $50 million over claims of wrongful dismissal.
12.08 / 19:47
Porsche
wellness
country
hospital
Courts
Investigations
Porsche crash case: Accused will flee like Nirav Modi, Mallya if given bail, says prosecution
Porsche car crash case claiming these are influential persons and several key witnesses were afraid of them. Investigating officer (IO) Ganesh Ingale told court the accused, like fugitive businessmen Nirav Modi and Vijay Mallya, could flee the country if given bail. Two IT professionals were killed on May 19 when their motorcycle was hit by a Porsche, allegedly driven by an inebriated minor, in Kalyani Nagar in Pune. The six accused whose bail please are being heard are the minor's parents Vishal and Shivani Agarwal, Sassoon General Hospital's Dr Ajay Taware and Dr Shreehari Halnor as well as alleged middlemen Ashpak Makandar and Amar Gaikwad. Assistant Commissioner of Police Ingale said the conspiracy to replace the blood samples of the minor was hatched at Irani Cafe in Wadgaonsheri area and accused Dr Ajay Taware was contacted and given allurement. «Though Taware told other accused he would not come forward, the probe indicates Taware has a key role in the entire conspiracy,» he said, adding the conspiracy and crime took place in multiple places such as Irani Cafe, Sassoon General Hospital, Yerwada police station, the Juvenile Justice Board permises, Dr Halnor's residential campus.
12.08 / 19:39
Provident
Career
CEO
Action
Courts
Relationships
RBC's fired CFO says she was in the running for CEO before bank sacked her over relationship
Nadine Ahn says she had a chance to become the first woman to run Royal Bank of Canada before she was fired over a personal relationship with a colleague.
12.08 / 19:24
social
Courts
Videos
International
Sporting
athletics
Jordan Chiles stripped of bronze medal, USA Gymnastics files appeal
USA Gymnastics has submitted an appeal against the International Olympic Committee’s decision that gymnast Jordan Chiles must return her Paris Olympics bronze medal in floor exercise.
12.08 / 19:13
markets
Discover
Justice
reports
shock
Courts
Investigations
Hindenburg allegations: Congress Seeks SIT, CBI probe; BJP says stop using 'foreign chits'
Congress on Monday rejected the Sebi statement about the latest Hindenburg report and demanded the Supreme Court hand over the probe into the US-based short-seller's charges against the Adani group to a Special Investigation Team or CBI in view of the reported conflict of interest of the market regulator's chief Madhabi Puri Buch. «Clearly, no institution is sacrosanct in Amrit Kaal. Did the Sebi chairperson recuse herself from the Adani investigations? Do these conflicts of interest explain the prolonged investigation, a delay that has benefited both Adani and the Prime Minister while damaging Sebi's reputation? How can a match proceed if the umpire herself is compromised? The Supreme Court, empowered by the Constitution, must transfer the investigation to the CBI or a Special Investigation Team given the likelihood of Sebi's compromise.
popular questions about Courts
What is Courts and why is it important?
Courts is a high-demand area that interests a wide audience. On our site, we regularly publish articles related to this subject.
Where can I find the latest updates on Courts?
All new posts about Courts can be found in the special selection. We publish information in a timely manner.
How can I verify the accuracy of information on Courts?
We rely on trusted sources to ensure that the information about Courts is accurate and helpful for our readers.