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01.06 / 14:03
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Top 7 news on 1 June: Kharge predicts 295+ seats for INDIA bloc, no relief for Kejriwal, Kerala on alert & more
Top news of the day: On 1 June, a series of events are set to take place right from politics to business. Kharge said INDIA bloc will win 295+ seats in the Lok Sabha Elections 2024. Delhi Court reserved the order on the interim bail plea moved by Arvind Kejriwal on medical grounds.
01.06 / 13:29
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Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’
When Adam Moelis co-founded a fintech startup named Yotta in 2019, he wanted to give Americans a new way to save money to help them cushion the ups and downs of life.
01.06 / 11:01
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Authentic dying declaration can be sole basis for conviction without any corroboration: SC
dying declaration that inspires the confidence of the court can be relied upon and be the sole basis for the conviction of an accused without any corroboration, the Supreme Court has said. The top court made this observation on May 15 while upholding the conviction of an ex-army personnel for murdering his wife, a police constable, in Maharashtra's Beed district 22 years ago.
01.06 / 11:01
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Arvind Kejriwal to head back to Tihar jail: Delhi court to pronounce 'medical' bail order on June 5
Rouse Avenue Court on Saturday said it would pronounce on June 5 the order on Delhi Chief Minister Arvind Kejriwal's bail plea in the ED's money laundering probe. Kejriwal's bail ends on June 1 following which he will have to surrender on tomorrow, i.e., June 2.
01.06 / 07:35
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Lok Sabha Election Phase 7 Voting: Arvind Kejriwal urges voters to exercise adult franchise to end ‘dictatorship’
Arvind Kejriwal appealed to the voters to exercise their franchise in large numbers “to protect democracy and the Constitution."Also Read: Lok Sabha Election Phase 7 Voting Live Updates: 11% voter turnout recorded in 57 seats till 9 am"In this great festival of democracy, the country will vote in the last phase today. All of you are requested to exercise your right to vote in large numbers to protect democracy and the Constitution," Kejriwal posted on X.“Go to vote yourself and take your neighbours along with you.
01.06 / 06:53
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Court in Karnataka grants bail to CM Siddaramaiah, Deputy CM Shivakumar in defamation case
court here on Saturday granted bail to Karnataka Chief Minister Siddaramaiah and his deputy D K Shivakumar in connection with a defamation case filed against them by the BJP.
01.06 / 04:11
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Pune Porsche crash: Mother of minor accused arrested over tampering blood sample. What we know so far
Porsche car accident following confirmation that his blood samples had been substituted with those of his mother, stated the city police chief on Saturday.As reported by PTI, Commissioner of Police Amitesh Kumar said the accident investigation has revealed that the juvenile's blood samples were replaced with those of his mother.Meanwhile, Police had told a local court two days ago that the blood samples of the juvenile were exchanged with those of a woman.Also Read: Porsche case: NCP MLA Sunil Tingre's role under Pune police scanner, CM Shinde breaks silence — 5 pointsIn the early hours of May 19, two IT professionals tragically lost their lives in Kalyani Nagar, Pune, when a Porsche, purportedly driven by an inebriated minor, collided with their two-wheeler.The 17-year-old minor has been remanded to an observation home, while his father, realtor Vishal Agarwal, and grandfather, Surendra Agarwal, have been apprehended.
01.06 / 04:11
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Lok Sabha Election 2024 Exit Polls: Amit Shah takes jibe at Congress for debunking exit poll debates: ‘Denial mode’
exit poll debates, saying the grand old party has been in a “denial mode" after realising the reality of Lok Sabha election results. "The Congress ran the campaign through the polls that it is going to get a majority. But it has now realised the reality and knows that it faces a rout in the exit polls to be broadcast after the elections tomorrow," the senior BJP leader said as quoted by PTI. “The Congress does not have the face to take questions from the media so it is debunking the entire exit poll exercise claiming that it has no meaning.
01.06 / 04:11
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Tesla shareholder sues Elon Musk for alleged $7.5 billion insider trading
Elon Musk of insider trading when he sold over $7.5 billion of shares of the electric car maker in late 2022, saying the billionaire entrepreneur sold the shares before potentially disappointing production and delivery numbers were made public.Shareholder Michael Perry, in the lawsuit filed in Delaware Chancery Court, said that Tesla's share price plummeted after the company's fourth-quarter numbers were made public on Jan. 2, 2023, and claimed that Musk "improperly benefited" by about $3 billion in insider profits.Also Read | Elon Musk ‘secretly acquired’ Twitter stock before buying company, Morgan Stanley ‘hid’ detail, says shareholder lawsuit"Musk exploited his position at Tesla, and he breached his fiduciary duties to Tesla," the lawsuit said, asking the court to direct Musk to return the profits made from the trades.According to the lawsuit, Musk sold the shares on various dates in November 2022 and December 2022.The lawsuit also accused Tesla's directors of breaching their fiduciary duty by allowing Musk to sell the shares.Also Read | Proxy advisor ISS urges Tesla shareholders to reject Elon Musk’s $56 billion compensation planMusk and Tesla did not immediately respond to a Reuters request for comment.In the lawsuit, Perry said Musk - who in 2022 said demand for Tesla's vehicles was "excellent" - found out about the lower-than-expected numbers mid-November, with his access to real-time data, and sold his shares before the information was public.Following news of vehicle price discounts that sparked demand concerns and the release of the numbers in January, Tesla's stock tanked."Had (Musk) waited to make these sales until after the release of material adverse news,...
01.06 / 03:17
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Pune Porsche car accident case: Police arrest accused juvenile's mother
Pune police on Saturday arrested the mother of the juvenile involved in the Porsche car accident case. This action follows confirmation that the blood samples of the juvenile were substituted with those of his mother, as stated by the city's police chief.
01.06 / 03:01
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Mirwaiz hopes new govt in New Delhi takes realistic approach of dialogue for long lasting peace in Kashmir
Mirwaiz Umar Farooq to address Friday congregation at historic Jama Masjid in Srinagar during which he expressed hope that the new government in New Delhi will take a realistic approach in dealing with Kashmir imbroglio and ensure long lasting peace through dialogue.
01.06 / 03:01
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Hope for 20,000 homebuyers! Suraksha Group set to take over Jaypee Infratech in a boost for Noida's Wish Town project
Suraksha Group, which had its resolution plan for Jaypee Infratech Limited (JIL) approved by the National Company Law Appellate Tribunal (NCLAT) last week, is expected to take control of the debt-ridden company following a meeting scheduled for next week, reported The The Times of India.
01.06 / 02:21
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Musk charged with $7.5M insider trading on Tesla stock
Elon Musk had inside knowledge of a miss on production and delivery numbers that Tesla Inc. was facing when he sold more than $7.5 billion in stock in 2022, a shareholder in the electric vehicle maker claimed in a lawsuit.
01.06 / 01:59
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Top Events on June 1: Modi's meditation break concludes, Phase 7 voting, Arvind Kejriwal's bail ends, and more
Top Events on June 1: India is all set to witness various political, legal, cultural, and sports events today. The polling for the Lok Sabha elections will end on Saturday as the final phase begins, while 42 assembly seats will go to polls in Odisha for the assembly elections 2024. Delhi CM Arvind Kejriwal's interim bail in the excise policy case also ended on Saturday, and he sought a 7-day extension on health grounds.
01.06 / 00:45
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Feud in Godfrey Phillips: Samir Modi accuses mother Bina of staging assault on him
Godfrey Phillips executive director Samir Modi has accused his mother of orchestrating an attack on him, worsening the feud among the late KK Modi's family members over their inheritance. The younger son of KK Modi and Bina Modi lodged a complaint with Delhi Police on Friday, accusing his mother, her personal security officer (PSO) and Godfrey Phillips directors of causing him «grievous hurt».Bina Modi is also a director of Godfrey Phillips. «The incident happened on Thursday when I was trying to enter the scheduled board meeting of GP at Jasola in Delhi,» Modi told ET. «I was prevented by Bina Modi's PSO from entering the meeting. When I insisted, he tried to push me and said that I was not allowed to enter the board meeting.»
31.05 / 19:43
31.05 / 19:31
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Jacob Zuma's party emerges big winner in South Africa
South Africa's election this week may be former President Jacob Zuma, whose newly formed uMkhonto weSizwe (MK) party has exceeded expectations and emerged as a major factor in the African National Congress' sharp drop in support. MK is not going to win the election and is unlikely to be a coalition partner, analysts say, while Zuma is barred from standing for parliament because of a conviction for contempt of court. But the party, which advocates nationalising land and banks and scrapping the constitution, is on course to unseat the ANC in KwaZulu-Natal, Zuma's home region.
31.05 / 16:05
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Porsche crash: Pune police to quiz minor after teen's friends confirm 'he was drunk' — Top 5 developments
1. The Pune Police had earlier written to the Juvenile Justice Board (JJB) seeking permission to probe the minor allegedly involved in the Porsche crash that left two techies dead.Police were granted permission to probe the minor for two hours on Saturday. According to the Juvenile Justice Act, the inquiry into a minor is to be conducted in the presence of parents.
31.05 / 16:05
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'Unequivocal confirmation...': BJP reacts to Congress not participating in Lok Sabha exit poll debates
Also Read: Lok Sabha Elections 2024: What are Exit Polls? When are they due? All you need to know“By deciding to boycott the Exit Poll exercise, they are bringing in question exercise carried out by several professional agencies, who have worked with thousands of associates to bring what people may have voted for," said Nadda in a post on X.“Instead of focusing on winning the election, Congress repeatedly approached the Supreme Court, making outrageous demands, in order to mutilate our well established electoral process," said Nadda.Nadda alleged that not just the Congress but its extended ecosystem, who are inimical India’s interest, too comes together to create cacophony and makes all attempts to undermine people’s faith in our institutions and process.Congress has been in denial mode for so long. The whole election they kept campaigning that they are going to get the majority but they know the situation.
31.05 / 15:53
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Merrill Lynch agrees to pay nearly $20 million to settle class action racial discrimination lawsuit
Merrill Lynch has agreed to pay nearly $20 million to settle a class-action lawsuit that accuses the Wall Street brokerage giant of racially discriminating against its Black financial advisers
31.05 / 15:53
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Imprisoned former Ohio House Speaker Larry Householder pleads not guilty to new charges
Imprisoned former Ohio House Speaker Larry Householder has pleaded not guilty to 10 felony counts brought against him by the state
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