Courts Financial News

27.02 / 00:43

Assurant Analysis Trade information Courts rights International NCLT directs IIHL to put Rs 2,750 cr in RCap account

NCLT) on Wednesday directed IndusInd International Holdings Ltd (IIHL) to complete the acquisition of Reliance Capital by March 12 and deposit ₹2,750 crore towards equity investment it has offered into the financial services firm's account. The order of the NCLT's Mumbai bench comes after Hinduja Group-owned IIHL missed the February 25 deadline set by the NCLT in the last hearing to complete its acquisition of Reliance Capital. IIHL's lawyer informed the tribunal that the deal was incomplete due to pending documentation but is on the verge of closure.

26.02 / 21:43

UPS BLOCK President reports Department Courts Trump plan to freeze funding stymies Biden-era energy rebates for consumers

Some states have stopped disbursing funds to consumers via Biden-era rebate programs tied to home energy efficiency, due to a Trump administration freeze on federal funding enacted in January.

26.02 / 20:17

markets wellness RAI Olympics information reports Courts Former Olympic swimmer Antony James jailed for 21 years on raping teenagers

Antony James, a former Olympic swimmer, was jailed for 21 years after he was found guilty of raping two girls under the age of 18, as well as other sexual offences.

26.02 / 16:31

COST UPS Digital track reports Courts FTX’s US$950 million bankruptcy fees among costliest since Lehman Brothers

The cost of FTX’s bankruptcy is approaching US$1 billion, cementing the implosion of Sam Bankman-Fried’s crypto enterprise as one of costliest Chapter 11 cases in United States history.

26.02 / 13:31

markets COST UPS Software Experts Department Courts Payback the Section 87A rebate amount claimed against capital gains, says the tax demand notice; What are your options?

income tax demand notice due to denial of Section 87A tax rebate on special rate income like Short Term Capital Gains (STCG) for ITRs of FY 2023-24 (AY 2024-25). This issue, which was once thought to be resolved after the Bombay High Court judgement on January 24, 2025, is once again back to haunt small taxpayers.

26.02 / 13:31

markets Provident Volkswagen Justice information Department Courts $1.4 bn tax demand on Volkswagen: Bombay HC asks Customs to file affidavit on time limitation

Bombay High Court on Wednesday directed the Customs department to explain through an affidavit how its September 2024 show-cause notice raising a tax demand of $1.4 billion from Skoda Auto Volkswagen India was not barred by limitation. A division bench of Justices B P Colabawalla and Firdosh Pooniwalla has been extensively hearing the plea filed by the automobile company challenging the notice on the grounds that it was arbitrary and illegal.

26.02 / 12:57

markets UPS Provident Digital Justice Courts Online gaming companies move HC against regulations

Madras High Court to declare certain provisions of the Tamil Nadu Online Gaming Authority (Real Money Games) Regulations, 2025 as unconstitutional.

26.02 / 11:45

markets BLOCK Software Doge information Department Courts 'Where is Mr. Musk in all of this?' Judges question secrecy of DOGE's activities

Elon Musk has taken credit for leading the team that is cutting allegedly wasteful U.S. government spending, even waving a chain saw on stage at a conference.

26.02 / 11:03

markets students RAI social Courts NIT-Calicut professor appointed dean amid controversy over Godse praise

Dr. Shaija A will assume the position on March 7.

26.02 / 06:47

markets UPS Discover Research information Department Courts ChatGPT hallucinations: ITAT order cites non-existent cases, recalled

Subscribe to enjoy similar stories. NEW DELHI : Artificial intelligence (AI) threatens to replace many jobs, especially in research and writing. However, the question of how reliable AI chatbots are remains.

25.02 / 23:03

markets UPS Software RAI reports Courts Legal shockwave: Ashley St. Clair claims Elon Musk’s flirty text confirms he’s the dad of her baby boy

25.02 / 18:57

markets Opinion Death reports Courts politician 1984 anti-Sikh riots: Congress politician Sajjan Kumar gets life term

Congress politician Sajjan Kumar for the murder of a father-son duo during the 1984 anti-Sikh riots.

25.02 / 15:19

Target SEC Trade Experts information Courts Investigations Trump’s pick for SEC chairman was Wall Street’s expert for hire

Subscribe to enjoy similar stories. The incoming chairman of the Securities and Exchange Commission built a career dealing with regulators—as their adversary. When AT&T needed an ally to thwart a 2021 SEC lawsuit, it hired Paul Atkins, a former SEC commissioner who in 2009 began building a profitable yet opaque niche as one of Wall Street’s go-to advisers in Washington.

25.02 / 12:43

markets Citi CEO social reports Courts Luigi Mangione is in the news again, and for the second time, his outfit has gone viral; here's what he wore in his latest court appearance

Luigi Mangione's recent court appearance produced yet another viral fashion moment. Despite facing serious charges, social media is obsessed with his style, with fans deconstructing and duplicating his looks.

25.02 / 12:43

markets BLOCK Platform RAI Justice Courts Delhi HC says no to early hearing on plea over DeepSeek ban in India

Delhi High Court on Tuesday refused to grant an early hearing on a plea for blocking access to DeepSeek, an AI chatbot developed by Chinese entities, in all forms in India. A bench of Chief Justice D K Upadhyaya and Justice Tushar Rao Gedela said there was no urgency in the PIL and it not deserve a priority hearing.

25.02 / 12:21

markets RAI Justice testing prevention Courts ED opposes AgustaWestland 'middleman' Christian Michel's bail plea in Delhi HC

Enforcement Directorate on Tuesday opposed a bail plea filed by alleged middleman Christian Michel James in a money laundering case arising from the Rs 3,600 crore AgustaWestland 'scam' in the Delhi High Court. The alleged scam relates to the purchase of 12 VVIP helicopters from AgustaWestland.

25.02 / 08:15

markets Death community Justice reports Courts Investigations 1984 anti-Sikh riots case verdict: Members of Sikh community demand death for Sajjan Kumar

Congress MP Sajjan Kumar ahead of the verdict by a special court in a1984 anti-Sikh riots case. Special judge Kaveri Baweja is likely to pronounce the order on the quantum of punishment for Kumar in relation to the alleged killings of Jaswant Singh and his son Tarundeep Singh in Delhi's Saraswati Vihar on November 1, 1984.

25.02 / 05:33

markets CEO Trade Universities RAI Courts Human therapists prepare for battle against AI pretenders

25.02 / 02:05

Extreme FLEX Freedom show audience Courts BeerBiceps fiasco: How did influencers get to flex artificial muscles anyway?

Subscribe to enjoy similar stories. Emerging media platforms and traditional moral values never make for good bedfellows. The controversy that erupted over online influencer and podcaster Ranveer Allahbadia, his curiously named company BeerBiceps and some of his fellow travellers has consumed India’s content devouring population, evoking strong emotions and extreme views online.

24.02 / 21:35

markets CEO Inside reports testing Courts Headlines Elon Musk and Ashley St. Clair’s private paradise: Inside the luxe hideaway where the pair allegedly conceived their child

Elon Musk and his recent baby mama, Ashley St. Clair, are making headlines due to the controversy surrounding the billionaire’s 13th child.

24.02 / 20:09

CEO JPMorgan Doge Department Courts rights Interviews Jamie Dimon calls U.S. government 'inefficient' and says Elon Musk's DOGE effort 'needs to be done'

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