Courts Financial News

15.05 / 20:03
Provident Booking Justice information prevention Courts Investigations Supreme Court quashes arrest and remand of Newsclick Editor under UAPA
Delhi: The Supreme Court on Wednesday set aside the arrest and remand of Prabir Purkayastha, the chief editor of online news portal NewsClick, pertaining to a case under the Unlawful Activities (Prevention) Act (UAPA). A bench headed by justice BR Gavai ordered the release subject to Purkayastha furnishing surety and bail bond. The bench ruled that «there is no hesitation in the mind of the court to reach to a conclusion that the copy of the remand application in the purported exercise of communication of the grounds of arrest in writing was not provided to the accused appellant or his counsel before passing of the order of remand dated October 4, 2023, which vitiates the arrest and subsequent remand of the appellant». The top court reiterated the distinction between «reasons for arrest» and «grounds of arrest». The judgment reads «The 'reasons for arrest' as indicated in the arrest memo are purely formal parameters, viz., to prevent the accused person from committing any further offence; for proper investigation of the offence; to prevent the accused person from causing the evidence of the offence to disappear or tampering with such evidence in any manner; to prevent the arrested person for making inducement, threat or promise to any person acquainted with the facts of the case so as to dissuade him from disclosing such facts to the court or to the investigating officer.»
15.05 / 14:17
Extreme Election country rap pneumonia Schools Courts Top news today: Amit Shah on Kejriwal's bail, SC raps Centre over forest fires, NewsClick founder's 'illegal' arrest
Click here to read more The Supreme Court of India on Wednesday ordered release of NewsClick founder and editor Prabir Purkayastha in UAPA case after holding that his arrest and remand were “illegal". It is alleged that the news portal received foreign funds in violation of the FCRA case. Click here to read more After Delhi, Gujarat and Jaipur, schools in Uttar Pradesh's Kanpur, on Wednesday, received bomb threats via emails, creating a panic situation.
15.05 / 13:29
Fighting Remark Election DAL Courts Lok Sabha elections: Arvind Kejriwal can't be trusted, says INDIA bloc partner Congress' Charanjit Singh Channi
Also Read: 'Stuntbaazi': Charanjit Channi dismisses attack against IAF convoy in Poonch as bid 'to make BJP win' Lok Sabha polls Stating that a big liquor scam happened in Delhi and the same happened in Punjab also, Channi added, "We demand an inquiry into it. Instead of being welcomed, he (Kejriwal) should be opposed." Arvind Kejriwal will start his Lok Sabha election campaign in Punjab on Thursday. He is likely to hold a mega roadshow in Amritsar in which Punjab Chief Minister Bhagwant Mann will also participated.
15.05 / 13:29
Aviat Airlines Boeing Justice travelers prevention Courts Delhi High Court orders SpiceJet to return two leased planes to TWC Aviation over unpaid dues
Also read: How to turn Indian airports into South Asian travel hubs SpiceJet currently owes $14 million to TWC, which rejected the airline’s offer to pay $435,000 a month to clear its dues. TWC asked the high court to enforce a previous order by the High Court of Justice in England and Wales that directed SpiceJet to return the aircraft and engines for failing to pay its rental dues.
15.05 / 13:17
UPS security Universities reports Courts Investigations Pakistan HC grants bail to Imran Khan in 190 million pounds corruption case
High Court in Pakistan on Wednesday granted bail to Imran Khan in the 190 million pounds corruption case, in which the jailed former prime minister and his wife are accused of receiving land worth billions of rupees as a bribe from a real estate tycoon. A two-member bench of the Islamabad High Court had reserved the verdict on Tuesday after the completion of arguments. On Wednesday, the court asked Khan to submit a surety bond of Rs 1 million in order to secure bail. However, the order will not result in the ex-premier's release from Adiala jail since his sentences in the Iddat and cypher cases are yet to be suspended.
15.05 / 10:53
UPS Target wellness Courts rights Sporting Centre Court Capital in talks with 10 firms to invest, signs first cheque to Stupa Sports
₹28 crore at a valuation of ₹100 crore, said Gambhir, chief executive, Stupa Sports Analytics. “I've seen them (Stupa and its founders) evolve and grow and, in a way, there's a lot of comfort that exists from both sides. We like what Stupa is building and we've seen them transition from what they were initially, a couple of years ago, to where they are right now," Ghouse said.
15.05 / 10:21
Citi Cooper Election FTX reports Courts Former FTX Executive Ryan Salame Seeks 18-Month Sentence, Citing Cooperation and Remorse
Ryan Salame, a former executive at FTX who pleaded guilty to election fraud charges in September, is requesting leniency from the court in the form of an 18-month sentence.
15.05 / 07:23
security students reports Department Courts International Indian students cleared for re-entry to US after OPT scam
US district court has approved a stipulated dismissal agreement that lifts sanctions on more than 90 foreign nationals, many of whom are Indian, who were previously denied re-entry to the US or deemed ineligible for visas due to their association with an Optional Practical Training (OPT) fraud committed by their former employers. These students, who were victimized by fraudulent OPT employers, had faced severe repercussions, including being denied entry into the US and visa ineligibility. One affected individual from Chennai recounted being turned away by US customs officials after a brief vacation, simply because he had briefly worked for a blacklisted company certified for conducting OPT. Jesse Bless, an attorney representing the plaintiffs, told TOI's Lubna Kably that after extensive negotiations, the US Department of Homeland Security (DHS) agreed to review its records and confirmed that these former students are neither inadmissible to the US nor ineligible for visas solely based on their employment with fraudulent OPT companies. «With the inadmissibility lifted, these plaintiffs have now regained another opportunity to live and work in the United States,» Bless said.
15.05 / 00:27
Election donates Courts Updates Brazil Upholds Crypto Donations Ban for Political Parties and Candidates
Brazilian authorities have upheld a ban on the use of crypto donations to fund political parties and candidates’ electoral campaigns in the country.
14.05 / 19:37
WhatsApp Department prevention Courts NCLAT lifts lien on IL&FS Transportation
National Company Law Appellate Tribunal Tuesday ordered lifting of lien on IL&FS Transportation Networks Limited's (ITNL) terming Maharashtra tax department's attachment of the account and creating a lien as contrary to its previous decision. The NCLAT in its October 2018 order had said that authorities cannot initiate recovery proceedings against IL&FS or its entities. The October 2018 order prevents «the institution or continuation of suits or any other proceedings by any party or person or Bank or Company, etc.
14.05 / 18:57
Action Entertainment Election Actor Justice Courts Lok Sabha elections: SC refuses to entertain plea seeking poll ban on PM Modi
Supreme Court Tuesday refused to entertain a plea seeking disqualification of Prime Minister Narendra Modi from contesting any election for six years. The plea sought disqualification on the ground that the PM has sought votes in the name of «God and place of worship» during the ongoing Lok Sabha polls. A division bench of justices Vikram Nath and Satish Chandra Sharma asked the petitioner to approach the relevant authorities.
14.05 / 17:48
Citi Bill information reports ventilators Courts California moves closer to requiring new pollutant-warning labels for gas stoves
The California Assembly has approved legislation that would require new gas stoves to carry a label warning users about pollutants that have been linked to respiratory illnesses
14.05 / 14:47
Food wellness BABA information reports Courts Patanjali Foods Q4 Results: Profit falls 22% YoY to Rs 206 crore on higher expenses, lower edible oil sales
Patanjali Foods reported a 22% fall in fourth-quarter profit on Tuesday, as sluggish demand dragged overall sales down in its mainstay edible oils business amid a surge in expenses. The Ruchi Gold oil maker's profit fell to Rs 206 crore (around $25 million) for the quarter ended March 31, from Rs 264 crore a year earlier.
14.05 / 11:17
Election stars Department Courts Videos Investigations Delhi HC reserves order on Manish Sisodia's bail plea in excise policy case
Delhi High Court on Tuesday reserved its order on bail plea moved by Aam Aadmi Party leader Manish Sisodia in the excise policy case in both CBI and ED matters. The HC had granted more time to the Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) to file their replies to the bail pleas filed by Sisodia on May 8. Last week, a lower court extended Sisodia’s judicial custody till May 21. Special Judge Kaveri Baweja extended the custody after he was produced before the court through video conference on the expiry of his judicial custody granted earlier.
14.05 / 09:51
Citizens Action President Freedom country Courts Interviews Patanjali misleading ads case: 'You do exactly the same thing...,' Supreme Court slams IMA
Patanjali misleading ads case: SC reserves order on contempt plea against Ramdev "We are the first ones to uphold the freedom of free speech. But there are times when there should be self-restraint. As IMA President, you should have had self-restraint.
14.05 / 09:51
security Matthews Parke Election Food Courts International Sai Varshith Kandula, Indian-origin Nazi sympathiser who crashed rented truck into White House perimeter, pleads guilty
US government and establishing a dictatorship inspired by Nazi Germany. The announcement was made by a US attorney following Kandula’s admission in a US court. Also Read | From talking to AI to helping people with disabilities: Top 5 use cases of OpenAI's new GPT-4o language model Residing in St.
14.05 / 08:29
markets Food reports travelers Courts International Destinations Devyani International Q4 results: Company reports a loss of Rs 49 crore; revenue rises by 38% YoY
Devyani International, the largest Indian franchise for Pizza Hut and KFC, today reported a net loss of Rs 49 crore for the quarter ended March 31, 2024, as against a profit of nearly Rs 60 crore for the same period last year. The firm reported an increase in revenue from operations by 38% year-on-year (YoY) to Rs 1061.7 crore. The total expenses of the company also increased by 32% YoY to Rs 550.6 crore which stood at Rs 374 crore in the fourth quarter of FY23.
14.05 / 08:19
UPS Food Experts reports Courts International Devyani International Q4 result: Company reports a loss of ₹49 crore; adds 47 stores in the fourth quarter
₹49 crore for the March quarter of the last financial year (Q4FY24). The company reported a one-time loss of ₹42.3 crore. The company had reported a profit of ₹60 crore in the same quarter last year, while in the December quarter of FY24, the company's profit was ₹5 crore.
14.05 / 07:15
Digital Platform WhatsApp country social Courts rights Curb deepfake velocity, vulnerability and viciousness
Trust is at the core of the diffusion of any innovation in any sector, particularly so in the case of technology. If this trust is compromised, diffusion will fail, no matter how useful it is. In today’s age of digitally generated deepfakes, the old adage “seeing is believing" is under siege.
14.05 / 06:35
markets Manufacturing Strategy Tesla Features Courts rights Mint Explainer: How Tesla’s first India lawsuit will affect EV trademark battles
Mint examines Tesla's aggressive trademark-protection strategy and how India's trademark regime shields foreign companies operating in India from infringement by domestic entities. We also explain how this case could set a precedent for future trademark-infringement cases in India’s growing EV market. On 4 May, Tesla Inc sued Tesla Power India Pvt Ltd, accusing the Gurugram firm of infringing on its trademark and misleading consumers by implying association with Tesla Inc's electric vehicle (EV) batteries.

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