Courts Financial News

Supreme Court on Monday rejected a Maharashtra government application seeking a stay on the acquittal of former Delhi University professor G N Saibaba and others in the Maoist links case, and said the Bombay High Court order clearing them of the charges is «prima facie well-reasoned». A bench of justices B R Gavai and Sandeep Mehta, however, admitted the state government's appeal against the March 5 order of the high court. The bench also rejected the oral request of Additional Solicitor General S V Raju, appearing for the Maharashtra government, for early listing of the appeal and said it will come up for hearing in due course of time. «There cannot be any urgency to reverse order acquittal. Had it been the other way around, we would have considered,» the bench told Raju and asked him to file for expeditious hearing at a later stage.

HC order directing a CBI probe in the Sandeshkhali matter pertaining to the attack on ED officials. However, the Supreme Court expunged remarks made by the High Court against state police and government. In an order passed on March 5, the Calcutta High Court had ordered an independent CBI probe and directed the West Bengal Police to hand over the accused mastermind behind the attack, Sheikh Shahjahan, from the custody of the CID to the CBI on the same day.

Election Commissioner Arun Goel has led to a Constitutional crisis and yet the central government has not given any explanation on the matter, Congress leader Karti Chidambaram said on Monday. Speaking to reporters, Karti pointed that no press conference was held and neither was any reason disclosed about the resignation of a person who held a constitutional post. «In a mature democracy, if a senior constitutional functionary resigns, there will be a press conference or there will be a statement, at the least to disclose the reason behind the resignation. His sudden resignation has led to a constitutional crisis and the government has not given any explanation on it,» he remarked.

TOI. The window to file nominations will open at 9:30 am and close by 5:00 pm on Friday, March 16.

Indraprastha Gas Ltd (IGL) , Mahanagar Gas Ltd (MGL) and Gujarat Gas share prices have seen volatility in the recent past. The Mahanagar Gas share price that had outperformed peers during past one year , however declined almost 10% in a month on concerns of its exclusivity in operations in the Mumbai region coming to an end. Indraprastha Gas on the other hand has seen elevated concerns on rising EV (electric Vehicle) penetration in Delhi NCR (national capital region) impacting CNG demand.

GN Saibaba released from Nagpur Central Jail after acquittal: Who is he? Saibaba was lodged in the jail here since 2017 after his conviction by a trial court in Maharashtra's Gadchiroli district. Before that, he was in prison from 2014 to 2016 and was subsequently granted bail. The Nagpur bench of Bombay High Court on Tuesday set aside the life sentence of Saibaba in the alleged Maoist links case, noting that the prosecution failed to prove the charges beyond reasonable doubt.

Congress party leader KC Venugopal on Monday lauded the Supreme Court's order dismissing SBI's plea seeking extension till June 30, 2024, to furnish details regarding electoral bonds. In a post on X (formerly Twitter), he wrote, «The Supreme Court has once again come to protect Indian democracy from the devious machinations of this regime. It was laughable for the SBI to seek an extension on a simple 1 day job. The fact is that the government is scared of all their skeletons tumbling out of the closet. This mega corruption scandal, as certified by the Supreme Court, will expose the unholy nexus between the BJP and its corrupt corporate masters.» The post was also shared by senior Congress leader Jairam Ramesh.

Delhi High Court challenging the Income Tax Appellate Tribunal's order of dismissing its plea seeking stay on the recovery of outstanding tax for the assessment year 2018-19, Live Law reported. The matter was mentioned before a bench of Acting Chief Justice Manmohan and Justice Tushar Rao Gedela. The Court allowed the listing of the matter on Monday only.

Bar & Bench reported on March 11. The plea cites Section 7 and 8 of the Chief Election Commissioner and other Election Commissioners (Appointment Conditions of Service and terms of office Act 2023, with the plea, the report said. The plea also seeks direction to appoint member of election commission as per Arup Baranwal judgment.

Will SC relax deadline for SBI today? Check out latest updates on the apex court's hearing on electoral bonds here:Harish Salve told SC bech, “I have full details of who purchased the bond. That is in one silo.

AI platform. Brian Keene, Abdi Nazemian and Stewart O'Nan said their works were part of a dataset of about 196,640 books that helped train NeMo to simulate ordinary written language before being taken down in October "due to reported copyright infringement." Also Read | Why Nvidia share price is plummeting after 80% rally in YTD — explained In a proposed class action filed on Friday night in San Francisco federal court, the authors said the takedown reflects Nvidia's having "admitted" it trained NeMo on the dataset and thereby infringed their copyrights.

By Jonathan Stempel

new rule by the National Labor Relations Board that would have made it easier for millions of workers to form unions at big companies. The rule, which was due to go into effect Monday, would have set new standards for determining when two companies should be considered “joint employers" in labor negotiations. Under the current NLRB rule, which was passed by a Republican-dominated board in 2020, a company like McDonald’s isn’t considered a joint employer of most of its workers since they are directly employed by franchisees.

By Jonathan Stempel

In August 2022, a college professor in Maharashtra posted on a Whatsapp group his good wishes to Pakistan on its independence day. He also protested India’s revocation of the special status of Jammu and Kashmir. The police filed charges against him for “promoting enmity" between communities.

Arun Goel's resignation as election commissioner, although a surprise, was preceded by simmering differences with chief election commissioner Rajiv Kumar. The issues appeared to have escalated over the last few weeks following Anup Pandey's retirement on February 15. ET has learnt that most disagreements were not about major policy issues. However, differences continued and involved issues such as the composition and size of EC teams heading to states for poll preparation reviews and the formats of press briefings in states, among others. Insiders said that despite such disagreements, there was no recorded case of 'dissent' between the duo at Nirvachan Sadan. The differences were rather «expressed verbally».

Indian farmers gaze at passing clouds to predict rains. Spin bowlers toss up blades of grass to detect whether they’re bowling into or against the wind. Conversations at autumn-end usually veer towards the approaching winter.

PTI. Punia suffered a crushing 1-9 defeat in the men's freestyle 65kg semifinal against Rohit Kumar. The following defeat was after he barely managed to win against Ravinder (3-3 on criteria) in the opening round.

Super Mario Bros. movie is in the making, as per details revealed by Nintendo. While there is no official release date as yet, makers are striving to premier the film in theatres on April 3, 2026, as per a report in dexerto. The upcoming Super Mario Bros. film is set to be produced once again by Illumination which backed the original film in 2023. Surpassing many predictions, the 2023 film emerged as the second-highest-earning movie of the year, dexerto reported.

Supreme Court is set to hear the SBI plea seeking an extension on providing details about electoral bonds on March 11. The largest commercial bank in India has requested the court to extend the deadline till June 30, which is after the Lok Sabha elections 2024. A bench led by Chief Justice of India (CJI) DY Chandrachud is also expected to hear the contempt petitions with the case on Monday.

Los Angeles Lakers will host Minnesota Timberwolves in NBA game at Crypto.com Arena on Sunday night. The regular NBA game is scheduled to tip off at 9.30 pm (EDT) on Sunday, March 10. Live telecast of the game will be available on ESPN. One can catch live streaming of the game on fubo TV, NBA TV on a free trial basis, as per a report in USA Today.