Courts Financial News

By Stephanie Kelly

Enforcement Directorate till March 23. ED sought ten days remand of K Kavitha in connection with Delhi Excise policy case. ED had brought MLC K Kavitha before Special Judge M K Nagpal after arresting her from Hyderabad. Terming her arrest illegal, the MLC said, «We will fight it out in court.»

Himachal Pradesh, Congress has to prepare for the Lok Sabha polls as also for the crucial bypolls to six assembly seats. The problems for the ruling party compounded after Himachal Pradesh public works department minister Vikramaditya Singh resigned. His resignation was not accepted even as his mother and state Congress chief Pratibha Singh took jibes at the way of functioning of Chief Minister Sukhvinder Singh Sukhu.

reservation demand, big-ticket infrastructure development and farmers' problems would be prominent issues during the ensuing Lok Sabha elections in Maharashtra, which elects the second highest number of members of the Lower House, after Uttar Pradesh. (Full Schedule) Lok Sabha polls in Maharashtra will be held in five phases on April 19, April 26, May 7, May 13 and May 20. Counting of votes will be held on June 4. The Maratha reservation demand has dominated the state's political landscape since the Supreme Court struck down the 2018 Act of the state which provided quota in education and jobs to the Maratha community. Opposition parties have been demanding that the Union government bring in a constitutional amendment to scrap the 50 per cent cap on reservations. Activist Manoj Jarange demanded that the entire Maratha community should be given quota in the OBC category by identifying them as Kunbi.

Model Code of Conduct (MCC) has come into force with the announcement of voting dates today by Election Commission of India (ECI), marking a significant aspect of electoral governance. The MCC, which traces its origins back to the assembly elections in Kerala in 1960, has evolved over the past six decades to its present form, according to the Election Commission of India (ECI).

Arvind Kejriwal on Saturday granted bail in two complaints filed by the Enforcement Directorate against him for skipping summons in a money laundering case linked to the alleged Delhi excise policy scam. AAP leader Reena Gupta called it a ‘political vendetta’ and a ‘baseless case’. “We have been saying this from the start.

Apple was aware of the potential risks associated with its AirTags and could be held legally accountable under California law for harm caused by the misuse of the tracking devices. In the surviving claims, the plaintiffs argued that the AirTag's safety features were lacking and contributed to their injuries during instances of stalking. Judge Chhabria acknowledged these concerns, stating that Apple's argument about the design of the AirTag's safety measures could not be conclusively determined at this early stage.

Enforcement Directorate on Saturday conducted fresh searches in Bihar as part of a money laundering case investigation linked to alleged illegal sand mining in the state, official sources said. The searches are being conducted in an around Arrah town in Bhojpur district. The premises of a businessman and some linked persons are being covered, the sources said. The central agency last week arrested Subhash Yadav, a man allegedly linked to the RJD, in this case. The money laundering case stems from a clutch of 20 FIRs registered by the Bihar Police against a company named Broadsons Commodities Pvt Ltd (BCPL) and its directors alleging they were engaged in illegal mining and sale of sand without using e-challans.

Meta on Friday won an appeal overturning a previous court ruling that barred it from using its name in Brazil due to confusion with another company. Mark Zuckerberg's tech company was in late February ordered to stop using its name in Brazil within 30 days after a Brazilian computer services provider won a favourable ruling arguing it already owned rights to the name and had as a result of the U.S. branding been wrongly cited in over 100 lawsuits.

BRS MLC K Kavitha in the Delhi excise case has sent shockwaves through Telangana's political landscape, prompting a reassessment of alliances and strategies ahead of the Lok Sabha elections. The Congress has accused the BJP and BRS of colluding to manipulate the electoral process, raising questions about the fairness of the upcoming polls. Allegations of Political Conspiracy The Congress's assertion that Kavitha's arrest was a politically motivated move by the BJP and BRS to gain an advantage in the elections has been met with strong denials from the ruling parties. However, the timing of the arrest, coming just before the election schedule was to be announced, has raised suspicions among opposition leaders.

Amit Shah on Friday showed respect to the Supreme Court order on electoral bonds, saying the scheme was introduced to terminate the influence of black money in politics. Addressing the India Today Conclave, Shah said, “I feel that instead of completely scrapping the electoral bonds, it should have been improved." He claimed that the opposition leaders used to take political donations in cash to fill their own pockets. “For example, out of a donation of ₹1,100, they used to deposit ₹100 in the party's name and keep ₹1,000 in their own pockets.

electoral bonds scheme have exposed the Bharatiya Janata Party (BJP), which routinely accuses the Congress of looting the country, Shiv Sena (UBT) leader Uddhav Thackeray has said. The BJP got Rs 8,000 crore in electoral bonds and if one compares it with the amount received by the Congress, it would be clear who has been carrying out loot, Thackeray claimed at a gathering of party workers in Colaba area of south Mumbai on Friday. «Disclosures linked to the electoral bonds scheme have exposed the BJP, which routinely accuses the Congress of looting the country. Will you give this country in the hands of looters? The BJP wants another five-year term (at the Centre) to loot the country while showing you (citizens) dreams of 'Viksit Bharat' (developed India)...,» he said. Just as leaders of his party were being pressured by probe agencies, like the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED), corporates were also threatened into making large donations to the BJP, the former chief minister of Maharashtra alleged.

By Brendan Pierson

online wagers on the outcome of sporting events legally on tribal land, when really only the computer servers are located there, accepting bets made using mobile phones and computers from anywhere in Florida? That's a question two of the tribe's gaming competitors are hoping the U.S. Supreme Court will take up soon and answer with a definitive “no." A decision by the nation's highest court would be of “massive importance" for the future of online gaming across the U.S., since leaving in place an appellate ruling in the tribe's favor would set a precedent for other end-runs around state prohibitions against gaming off tribal lands, said the firms, West Flagler Associates and Bonita-Fort Myers Corporation, which operate racetracks and poker rooms in Florida.

SAO PAULO (Reuters) — Facebook-parent Meta on Friday won a Brazilian court order overturning a previous ruling that barred it from using the name in the South American country, due to confusion with another company.

By Luc Cohen

Sam Bankman-Fried, former CEO of failed crypto exchange FTX, should get as much as 40 to 50 years in prison due to the «brazen disrespect» he showed for the law in his crimes, prosecutors said in a court filing Friday.Bankman-Fried's lawyers had previously recommended a sentencing of less than seven years.

top bond buyers along with an examination of some of the other key numbers that have emerged from the initial data dump. FUTURE GAMING & HOTEL SERVICES Bettor than Rest: A Realty Check for ‘Lottery King The top buyer of electoral bonds is Coimbatore-based Future Gaming & Hotel Services, founded in 1991 by Santiago Martin. The group bought electoral bonds worth Rs 1,368 crore between April 12, 2019, and January 24, 2024.

State Bank of India (SBI) why it had withheld the unique numbers associated with electoral bonds purchased and encashed since April 12, 2019, ordering it to respond on March 18. The alpha-numeric ID can be used to connect the purchaser of an electoral bond with the political party that encashed it. When the SC scrapped the bonds in mid-February on the grounds that they were unconstitutional, it had asked SBI to provide full details of the funding instrument to the Election Commission of India (ECI), which was to then post this publicly. SBI was the sole issuer of electoral bonds. “We can take exception” to the non-disclosure of the bond numbers by SBI, a five-member bench headed by chief justice of India (CJI) DY Chandrachud said Friday. The ECI published the information provided by SBI on Thursday. This related to entities that had purchased electoral bonds during the period in question but didn’t include the unique number. The data shows the entities that have bought bonds, including how much, and the parties that have received money, including the quantity.

Squid Game" star Oh Yeong-su has been sentenced to eight-month jail term. He has also been suspended for two years. The Seongnam branch of the Suwon District Court sentenced O to eight months in prison, suspended for two years, as well as 40 hours of attendance at a sexual violence treatment programme, the court official said by telephone, as per a report in Reuters.

Narendra Modi on Friday alleged that the INDIA bloc wanted to assume power only to engage in 'loot and corruption.' He attacked the Congress in Kerala over the solar case of 2013 and the DMK-Congress alliance in Tamil Nadu. Addressing a BJP rally in Kanyakumari, Modi alleged DMK-Congress have 'history of scams' and the aim behind their efforts to come to power is to 'loot the people.' He underlined that while the Centre has launched several infrastructure development projects in Tamil Nadu and the people benefited from a slew of welfare schemes, the DMK government was 'steeped in corruption.' Referring to the consecration of Ram temple at Ayodhya on January 22, Modi said the DMK government boycotted it and tried to 'prevent telecast' of the event. Modi said this showed the DMK government had 'no respect' for traditions and culture of India. He said in the run-up to the main event, he had visited several historical temples of Tamil Nadu. Modi also tried to take credit for restarting Jallikattu, though it was done by cultural organisations after the Supreme Court lifted the ban. He alleged that while the DMK-Congress dispensation was 'caught napping' when Sri Lankan authorities arrested some Tamil Nadu fishermen recently, he used diplomatic clout to bring them back safe, overlooking the point that the Centre oversaw external affairs. Referring to the attack on AIADMK leader J Jayalalithaa in the Tamil Nadu assembly several decades ago, Modi said it showed DMK 'did not respect' women.