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New Delhi is eager that more manufacturing companies choose India as a production hub, and has offered investment sweeteners. The wait is on for the trickle of FDI to turn into a flood. Marquee names, such as Tesla, are being courted.

Elara Securities raises target price of Reliance Industries post Q3 results; buy or sell? In early January 2024, the Supreme Court of India issued a judgement confirming that India's capital markets regulator, Securities and Exchange Board of India (SEBI), had completed its investigation of 22 of the 24 allegations against the Adani portfolio entities. SEBI will complete its investigation of the two remaining allegations, relating to Foreign Portfolio Investors (FPI), within the next three months.

Adani Ports and Special Economic Zone and Adani Electricity Mumbai to stable from negative on signs of robust cash flow in the next 12 to 24 months. Adani Ports' ratio of adjusted net debt to earnings before interest, tax, depreciation and amortization — a measure of its ability to pay off liabilities — is expected to be in the range of 3x to 4x over the next two years, S&P said.

Delhi High Court on Monday quashed a Central Information Commission’s order (CIC) that asked the income tax authorities to furnish information and copies of documents submitted by the PM Cares Fund while applying for income tax exemptions. While allowing the income tax department’s appeal, Justice Subramonium Prasad ruled that CIC does not have the jurisdiction to direct furnishing of information provided for in Section 138 of the Income Tax Act and Section 138 (2) of the Income Tax Act prevails over Section 22 of the Right to Information Act (RTI Act). «In the present case, the question which arose was whether Section 138(2) of the IT Act which also contains a non-obstante clause would override Section 22 of the RTI Act or not. In view of the fact that Section 138(1)(b) of the IT Act mandates that information relating to an assessee can only be supplied subject to the satisfaction of Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner, as the case may be, it can be said that Section 138(2) of the IT Act would prevail over Section 22 of the RTI Act,» the Court held. Even if the CIC had the jurisdiction to direct the department to provide the information, the Commission's failure to give PM CARES notice of hearing would in itself have vitiated the order, the HC said. Mumbai-based activist Girish Mittal had sought details regarding the tax exemption granted to the PM Cares Fund in May 2020.

DMK and BJP cadres on Monday after the Supreme Court allowed live telecast of the Ram Mandir Pran Pratishtha ceremony in Ayodhya. Finance Minister Nirmala Sitharaman and BJP State President K Annamalai had accused the MK Stalin administration of trying to scuttle the live screening of the rituals as well as poojas at local temples.

Here's all that happened on Monday, January 22, amid the Ayodhya Ram Temple ceremony: Tap here to follow Ram Mandir Inauguration Ceremony LIVE Updates The Ram Lalla idol was unveiled at the Pran Pratishtha ceremony attended by PM Modi, Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat and Uttar Pradesh Chief Minister Yogi Adityanath. The unveiling happened after the hour-long rituals in the presence of PM Modi who led the ceremony. Meanwhile, hymns, verses and songs about Lord Ram reverberated in temples across the nation.

Investing.com -- Shares in Spirit Airlines (NYSE:SAVE) moved higher in premarket U.S. trading on Monday after the budget carrier and JetBlue Airways (NASDAQ:JBLU) announced that they had appealed a federal court decision blocking their proposed merger on antitrust concerns.

Uddhav Thackeray faction of Shiv Sena challenging the order of Maharashtra Speaker on the dismissal of disqualification pleas against Chief Minister Eknath Shinde faction MLAs. A bench comprising Chief Justice D Y Chandrachud and Justices JB Pardiwala and Manoj Misra took note of the submissions of senior advocates Kapil Sibal and Abhishek Singhvi, appearing for the Thackeray faction, and sought response of the chief minister and other MLAs in two weeks.

Jharkhand Mukti Morcha chief Shibu Soren by the Lokpal on the basis of a complaint by BJP MP Nishikant Dubey. Justice Subramonium Prasad said the former Jharkhand chief minister's petition challenging the Lokpal proceedings as well as the complaint was «premature».

The Supreme Court on Monday questioned the Tamil Nadu government’s alleged oral directive to prohibit live telecasts of the ‘Pran Prathishta’ of Ram Lalla in Ayodhya in temples across the state.

The property market in the key cities of Uttar Pradesh is currently on a roll, including that of Ayodhya. And the historic inauguration of the Ram Mandir on January 22 is all set to give Ayodhya’s real estate a further boost. In fact, property prices in and around the city have already risen significantly during the last 4-5 years and are likely to surge further in the years to come.

NEW YORK (Reuters) — The trial in writer E. Jean Carroll's latest civil case against Donald Trump resumes on Monday, with the prospect that the former U.S. president may for the first time testify in open court in the defamation case.

Nirmala Sitharaman on Monday watched the Ram Mandir Pran Pratishtha ceremony from Kanchipuram in Tamil Nadu after both the Supreme Court and Madras High Court allowed live telecasting of the event.

Pran Pratishtha ceremony on Monday, one is reminded of the dramatis personae of the Ram Janmabhumi momvement since the 1949 when the litigation over the dispute began. LK Advani of the BJP, then UP chief minister Kalayan Sngh and Ashok Singhal of the Vishwa Hindu Parishad (VHP) have been known faces of the Ram Janmabhoomi movement who led from the front for decades. However, from saints to lawyers to politicians to common people, the movment was built, led and run by a diverse set of people. Below are some of the personalities associated with the movement who are not as well known as its top leaders.

Ayodhya dispute has been a contentious matter for many years, entangled in numerous court actions by Muslim and Hindu religious groups. 1528: A mosque was built on the site by Mughal emperor Babar which Hindus allege to be the birth place of Lord Ram and where a temple earlier existed. 1530-1605: There were multiple allegations of conflicts and incidents of sectarian violence in relation to the Mandir-Masjid debate.

The polls show Americans want to move on from President Biden, and Republicans have a choice to make about the alternative to offer voters in November. Will it be the prospect of a second Donald Trump term, with its inevitable turmoil and polarization, or will the GOP look forward to forge a new conservative governing coalition? That’s the essence of the choice facing Republicans as New Hampshire holds its primary on Tuesday. The Trump campaign, the press and the Biden Democrats say the race is over.

architectural marvel of elegant sandstones, diligently carved by craftspeople with dedication and devotion to Lord Ram. The majestic Ram temple in Ayodhya is a sprawling structure, built by overcoming engineering challenges and with due sensitivity to nature.

"Pran Prathishta" of Lord Ram at Ayodhya in the temples across Tamil Nadu. However, the Tamil Nadu government told the top court that there are no such restrictions and there is no ban on the live telecast, performance of poojas, archanas, annadhanasm, andbhajans on the occasion of “Pran Prathishta" and the plea is just politically motivated. “Permission can't be rejected on the sole ground that other communities are living in the locality.

BJP has moved the Supreme Court as an urgent matter for hearing against the alleged 'order' by the DMK-led Tamil Nadu government prohibiting the live telecast of Ram Lalla's 'Pran Pratishtha' ceremony in Ayodhya on Monday at temples and other public places.

Terraform Labs, the company behind the stablecoin TerraUSD, which collapsed and roiled cryptocurrency markets, filed for Chapter 11 bankruptcy in the United States, according to court papers filed on Sunday. Singapore-based Terraform labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of $100-$500 million.

A South Korean court has sent an individual who provided a bogus crypto exchange with illegal bank documents to prison for four years.