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Tesla on Wednesday asked its shareholders to once again approve CEO Elon Musk's record-breaking $56 billion pay that was set in 2018, but was rejected by a Delaware judge in January. The compensation includes no salary or cash bonus, but sets rewards based on Tesla's market value rising to as much as $650 billion over the next 10 years. Tesla is now valued at $500.36 billion, according to LSEG data.

Unitech's former promoters, Sanjay Chandra and Ajay Chandra, in a money laundering case relating to cheating of multiple homebuyers of several crore rupees. The Enforcement Directorate had recorded the case in 2018 based on over 60 FIRs registered against the accused for various offences, including cheating, criminal conspiracy, taking undue advantage by influencing public servant, bribing public servant, etc. «It is evident that investigation qua the applicants was completed within statutory period of limitation and therefore, the applicants are not entitled to statutory right of default bail under Section 167(2) CrPC,» Additional Sessions Judge Dheeraj Mor said in the order passed on April 12. As per the law, if the investigation is not concluded within the prescribed period of limitation from the date of arrest of the accused, the person has an indefeasible statutory right to be released on default bail.

DMK leader and former Tamil Nadu Minister V Senthil Balaji, arrested by the ED, till April 22. Principal Sessions Judge S Alli, before whom Balaji was produced by the prosecution through video-conferencing from the Central Puzhal Prison here, extended his judicial custody. Allowing a petition filed by Balaji, which sought to re-open the arguments on his side in his discharge petition in the case, the judge directed the prison authorities to produce him before the court on Monday. His arguments were closed on March 22.

Azam Khan, a Samajwadi Party leader who has been removed from the fray because of his imprisonment. After almost five decades, Lok Sabha elections are going to be held in the complete absence of Rampur's 'Khan,' who held the sway over its voters all these years. Famous for its cultural and historical heritage, Rampur was the political stronghold of the Nawabs in the early decades after Independence. After that, the political rise of Azam Khan in the 80s eclipsed all his rivals ever since. Khan, who had a stronghold on the politics of Rampur from 1978 to 2022, is currently serving seven years of imprisonment in the case of a fake birth certificate of his son Abdullah Azam.

Supreme Court will hear on May 7 a plea filed by the Andhra Pradesh government challenging a high court order granting regular bail to TDP chief N Chandrababu Naidu in the skill development corporation scam case. The petition came up for hearing on Tuesday before a bench of Justices Bela M Trivedi and Pankaj Mithal which noted the counsel for the state has said they have filed an interlocutory application (IA) in the matter. It observed the said application does not appear to be part of the record. «In view of the above, the Registry is directed to do the needful. List the IA and the special leave petition on May 7, 2024,» the bench said in its order.

Maruti Suzuki on Wednesday announced that it has received a ₹2.5 crore tax demand from the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chandigarh. The carmaker said that it would be contesting the demand in the country's apex court. «Even on revised total demand of Rs. 25 million, the company will be filing appeal against the order before the Supreme Court. As per the company's view, the order will have no major impact on the financial, operation or other activities of the Company,» Maruti Suzuki said in an exchange filing.

Enforcement Directorate (ED) has made four fresh arrests in connection with the alleged illegal land grab-linked money laundering case against former Jharkhand chief minister Hemant Soren and others, official sources said on Wednesday. Those taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA) have been identified as Antu Tirkey, Priya Ranjan Sahay, Bipin Singh and Irshad, they said. The ED had on Tuesday conducted searches at the premises of Tirkey and some others here and the four were arrested following their questioning. Tirkey is allegedly linked to Soren while Singh is a real estate businessman. Sahay «forged» some land-related documents along with others, according to the charge sheet filed in the case.

Lakshadweep's 10 inhabited islands, set for polls on April 19. Candidates and Past Results Sitting MP Mohammed Faizal PP is seeking re-election but this time he doesn’t have the clock symbol that got him elected for the past two terms. In 2019, 46,909 voters cast their votes and Muhammed Hamdullah Sayeed of Congress lost by a mere 823 votes. In 2014, Faizal beat Sayeed by a margin of 1,535 votes. Sayeed is contesting again for Congress. With NCP splitting, Yousuf TP has been fielded by the official faction while Faizal is contesting as a candidate of NCP (Sharadchandra Pawar).

Congress leader Rahul Gandhi in a joint press conference with INDIA bloc partner, Samajwadi Party, launched an attack on Prime Minister Narendra Modi by calling the BJP's leader's recent interview 'scripted and flop show.' «A few days ago, the Prime Minister gave a very long interview to ANI. It was scripted, but it was a flop show. The Prime Minister tried to explain electoral bonds in it. The Prime Minister says that the system of electoral bonds was brought for transparency, to clean politics,» said Rahul Gandhi. Continuing his comments on PM Modi, the Congress leader remaked that if this is true then why was that system cancelled by the Supreme Court. «And secondly, if you wanted to bring transparency then why did you hide the names of those who gave money to BJP. And why did you hide the dates on which they gave you the money?.. This is the biggest extortion scheme in the world. All the businessmen of India understand and know this and no matter how much clarification the Prime Minister wants to give, it will not make any difference. Because the entire country knows that the Prime Minister is the champion of corruption,» said Rahul Gandhi.

LiveMint to track live updates on Lok Sabha elections. Lok Sabha Polls 2024: The Trinamool Congress will hold a Shobha Yatra in West Bengal’s Howrah to mark Ram Navami.

Polarized times bring new judicial challenges. Consider the difficulty faced by the US judiciary in selecting a jury for one of former president Donald Trump’s many trials, this one for whether he falsified business records to cover up hush money paid in 2016 to a former adult-film performer.

South Korean police have raided the offices of the sports-themed blockchain platform Winnerz as part of a probe into claims its WNZ token is a “scam coin.”

An Ohio man who authorities say fatally shot an Uber driver he thought was trying to rob him after scam phone calls deceived them both has been indicted on a murder charge

Calcutta High Court has passed an interim order in the case between NYSE-listed UpHealth Holdings and Kolkata-based Glocal Healthcare Systems. The high court has asked Glocal's promoters and shareholders, including former Sebi chairman M Damodaran to file affidavits of their assets and disclose their liabilities. The court also rejected Damodaran's plea to be absolved from any liability in the case. UpHealth, a digital health company, acquired a 95% stake in Glocal in 2020. The dispute started after UpHealth claimed their right to two directors on the board of Glocal as per the share purchase agreement (SPA) in September 2022, which was defeated in an extraordinary general meeting (EGM).

Amit Shah on Tuesday said the BJP strives to win hearts of the people of Jammu and Kashmir as the party is in no hurry to see lotus bloom in the valley. Shah, while addressing an election rally in Jammu Lok Sabha constituency to campaign for BJP candidate Jugal Kishore, said that the regional parties are propagating the perception that BJP is out to occupy Kashmir, which is not correct. He added that assembly elections in J&K would be held within the Supreme Court deadline of September this year. «We are not among the occupiers, we are among those who win hearts. You don't have to worry. I want to tell the electorate of the valley that BJP has no urgency. When we get your love, lotus will bloom in the valley on its own as well,» said Shah.

The U.S. Supreme Court has denied a petition by MyPillow founder and election denier Mike Lindell to consider his challenge to the legality of the FBI’s seizure of his cellphone at a Minnesota restaurant drive-through

Rafael Nadal returned from injury at the Barcelona Open, marking his first ATP Tour appearance since January due to a hip issue. The 22-time Grand Slam winner missed several tournaments in 2023 due to injuries.

Supreme Court on Tuesday said Patanjali Ayurved Managing Director Acharya Balkrishna and cofounder and self-styled yoga guru Baba Ramdev are still «not off the hook,» despite the duo tendering “unqualified and unconditional apology” in person for promoting misleading advertisements of their ayurveda products. The apex court also gave Ramdev and Balkrishna a week’s time to take steps “to redeem themselves and demonstrate” their bona fides in relation to the advertisements and asked both to be present before it on April 23, the next hearing. A bench comprising justices Hima Kohli and Ahsanuddin Amanullah, conversing in Hindi, noted that Ramdev had made significant contributions to yoga. But Justice Kohli said: “We have not decided whether to forgive you or not. We will think about it. Your history is similar. We are keeping in mind your previous role. You have violated (directives) thrice. The earlier orders are under our consideration. You are not so innocent that you do not know what is going on in the court."

NEW DELHI : The Delhi High Court on Tuesday intervened for release of 73.59% of Jindal India Thermal Power Ltd’s shares pledged with a consortium of lenders led by Punjab National Bank. The power company had moved a writ petition in the high court saying that although it had fully paid the resolution amount of ₹2,450 crore before the scheduled date of payment the lenders had refused to release the pledge on the shares.

Ramkumar, a retired school principal hailing from this port city, and his family came to know about the proud achievement of their son Siddharth through the television news. Siddharth Ramkumar is the all-India fourth rankholder and state topper in the UPSC Civil Services Examination 2023. He is currently undergoing IPS training in Hyderabad after securing 121 rank in the civil services exam last year, the family said.

Aditya Birla Capital Ltd (ABCL), the non banking finance company (NBFC) of the $65 billion cement to fashion group, plans to double its customer base in the next three years riding on a new digital application which will allow the company to lend, sell insurance and also offer payment solutions to customers. The financial services company expects to add 30 million new customers in the next three years, tapping dealers, vendors, distributors besides retail customers in its ecosystem, doubling its 35 million customer base currently. Chairman Kumar Mangalam Birla said the cement to fashion group will tap the 250 million customers across the group, its 2.5 lakh MSME partners and also its 1.87 lakh workforce as it seeks to expand its financial business through the Aditya Birla Capital Digital (ABCD) application housed under a wholly owned subsidiary of ABCL. ABCD will be a separate entity at an arms length basis acting like a direct selling agent of ABCL for which it will earn fees.