Courts Financial News

NEW DELHI—Butter chicken is among India’s most famous culinary exports. The fragrant, creamy curry has been adapted into pizzas in the U.S., a poutine topping in Canada and a pie filling in Australia. There is a “World Butter Chicken Day." Now butter chicken is at the center of a saucy real-life drama roiling India.

Sam Lee, 35, an Australian citizen residing in Dubai was charged for allegedly co-founding 'too-good-to-be-true' online investment platform HyperFund. Rodney Burton, 54, of Miami, and Brenda Chunga, 43, of Maryland, were promotors of HyperFund.According to court documents, HyperFund’s promotional materials allegedly made various false claims, including that investors who purchased HyperFund “memberships” would receive between 0.5% to 1% daily in passive rewards until the company either doubled or tripled the investor’s initial investment. To convince investors that it could make such payments, HyperFund allegedly claimed that its payments would be disbursed in part from its revenues from large-scale crypto mining operations, when in truth, HyperFund did not have such operations.

Delhi court on Monday extended the judicial custody of NewsClick founder and editor-in-chief Prabir Purkayastha and HR department head Amit Chakravarty in a case lodged under anti-terror law UAPA over allegations that the news portal received money to spread pro-China propaganda. While Purkayastha is an accused in the case, former co-accused Chakravarty recently turned approver in the matter. Additional Sessions Judge Hardeep Kaur on Monday extended their judicial custody till February 17, 2024.

Investing.com -- U.S. stock futures were subdued on Monday, with markets preparing for a busy week of major earnings and central bank policy announcements. Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) are among many of the tech giants due to report results this week, while the Federal Reserve will unveil its latest policy decision and deliver closely-watched commentary that could help determine the path ahead for interest rates. China Evergrande (HK:3333) is ordered to liquidate, starting a new and possibly lengthy chapter for the heavily indebted property developer.

(Reuters) — Vince McMahon resigned from wrestling giant TKO Group and the subsidiary WWE that he founded, over a lawsuit accusing him of sexual assault and trafficking, which he said he will fight, the company said on Friday.

Rahul Narwekar time till 15 February to decide on the disqualification of Nationalist Congress Party (NCP) MLAs affiliated to Deputy Chief Minister Ajit Pawar's group. The extension was ordered by a bench of justices comprising Chief Justice D Y Chandrachud and justices JB Pardiwala and Manoj Misra. The Supreme COurt bench took note of the submissions of Solicitor General Tushar Mehta, appearing for the office of the speaker, that some more time will be needed to pass orders on the disqualification pleas.

Lalu Prasad Yadav appeared before Directorate of Enforcement (ED) in Patna for questioning in connection with probe into land-for-jobs scam. Supporters of the Rashtriya Janata Dal (RJD) gathered outside the office of the ED to oppose Lalu Yadav's questioning. The Rouse Avenue court had on Saturday issued summons to former Bihar Chief Minister Rabri Devi, Misa Bharti, Hema Yadav, Hridyanand Chaudhary and other accused in the Land for Job money laundering case.

Supreme Court on Monday extended time till February 15 for Maharashtra Assembly Speaker Rahul Narwekar to decide pleas of the Sharad Pawar faction seeking disqualification of NCP MLAs affiliated to Deputy Chief Minister Ajit Pawar's group. A bench comprising Chief Justice D Y Chandrachud and justices JB Pardiwala and Manoj Misra took note of the submissions of Solicitor General Tushar Mehta, appearing for the office of the speaker, that some more time will be needed to pass orders on the disqualification pleas.

DUBLIN (Reuters) — Ryanair on Monday trimmed its profit forecast for the year to the end of March after some online travel agents stopped selling its flights in December, forcing it to cut fares to fill seats.

Budget 2024, there are expectations galore that the finance ministry could perhaps raise some of the exemption limits, which would reduce the tax burden. Among tax exemptions, one of the important ones is house rent allowance (HRA) which one can claim regardless of who owns the house. In other words, even if the house is owned by your spouse, you can claim a house rent allowance so long as it is part of your salary.

By Clare Jim and Scott Murdoch

(Reuters) — A Hong Kong court ordered the liquidation of China Evergrande (HK:3333) Group on Monday.

China Evergrande, China Evergrande New Energy Vehicle Group, and Evergrande Property Services was halted. The benchmark Hang Seng Index was up 1.2 percent.

(Reuters) — A Hong Kong court on Monday ordered the liquidation of China Evergrande (HK:3333) Group, a move likely to send ripples through China's crumbling financial markets as policymakers scramble to contain the deepening crisis.

While societal acceptance of such relationships has increased, at least in metros and tier 1 cities, they continue to be beset with several legal and financial issues. Though living together is not considered illegal or a criminal offence, there are no specific laws governing such relationships and the couples do not enjoy the same legal and financial rights as married couples. Over the years, however, several Supreme Court rulings have accorded legal protection to the relationship based on a loose definition of cohabitation. “Live-in relationships have legal validity, though India does not have a dedicated statute for these and it is only governed to a limited extent by judgments of the Supreme Court,” says Rohan Mahajan, Founder and CEO of LawRato.com. Such couples face several challenges because most financial and government institutions recognise only married couples and blood relatives for legal transactions. Inheritance rights, joint tax benefits and health insurance coverage can be tricky, while long-term financial planning for goals like retirement and buying property can be complicated. Overcoming these requires careful financial planning and legal documentation to ensure stability and security in the long run. Joint financial products

handed over to the local police. "An Air India pilot reported spotting an intruder around 11.30 pm as the flight landed safely and taxied to the parking bay," according to airport officials. "The pilot reported to air traffic controllers (ATC) that a man had crossed in front of the aircraft during taxing.

Sri Lanka Cricket (SLC) today with immediate effect. On 10 November 2023, Sri Lanka Cricket (SLC) were suspended for violation of responsibilities as an ICC Member, in particular, "the requirement to manage its affairs autonomously and ensure that there is no government interference in the governance, regulation and/or administration of cricket in Sri Lanka." The ICC Board met on 21 November and it was decided that Sri Lanka can continue to compete internationally both in bilateral cricket and ICC events, but the ongoing U19 Men's Cricket World Cup was moved to South Africa, having initially been set to be played in Sri Lanka. The ICC Board has been monitoring the situation since the suspension and are now satisfied that SLC are no longer in breach of membership obligations.

By Clare Jim

₹2 crore (in compensation), while SCDRCs handles cases between ₹50 lakh and ₹2 crore. District consumer dispute redressal commissions (DCDRC) have jurisdiction over cases that entail up to ₹50 lakh in compensation.

₹15 trillion mark soon after the Supreme Court judgement. The Adani group has already invested close to $1 billion in the Navi Mumbai airport to operationalize the first of the four planned passenger terminals by December 2024.

Hindustan Times, the Bombay High Court has granted permission to the state-owned oil company to cut 11,677 trees, including 10,582 mangroves, for laying four pipelines from its refinery in Mahul in Chembur to Rasayani in Raigad district. “The project was in the larger public interest," Justice AS Chandurkar and Justice Jitendra Jain said.