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13.12 / 18:25
markets
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McKinsey & Company agrees to pay $650M for helping Purdue Pharma boost opioid sales
McKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work for opioids manufacturer Purdue Pharma, according to court papers filed in Virginia
13.12 / 16:09
13.12 / 16:01
UPS
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'Media shouldn't exaggerate': SC irked over news reports on hearing over 'VIP' visits at temples
A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar last heard the plea filed by one Vijay Kishor Goswami on the issue on October 25 and made certain observations. «Last time whatever happened in the court was completely misrepresented in the media...completely misrepresented,» the CJI said.
13.12 / 16:01
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Delhi HC seeks media houses reply on Jagan Reddy's Rs 100 Cr defamation suit
Delhi High Court has sought the response of various media houses on a Rs 100 crore defamation suit by former Andhra Pradesh chief minister Y S Jagan Mohan Reddy over alleged derogatory news reports linking him to the indictment proceedings against Adani Group in the US. Justice Subramonium Prasad issued summons to the media houses and their editors and search engine Google while asking them to file written statements in response to the suit. «Let the plaint be registered as a suit. Issue summons,» the court said in its December 9 order. The judge also issued notice on Reddy's application seeking an interim relief and made it clear that any publication made after December 9 would be after being put to notice by court and have its own consequences.
13.12 / 16:01
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rights
Bleeding Constitution from a thousand cuts: Mahua Moitra slams govt
Mahua Moitra accused the BJP-led Centre on Friday of «bleeding the Constitution from a thousand cuts» and said it is crystal clear that the political executive has «systematically eroded democracy» over the last 10 years. Participating in a debate in the Lok Sabha on 75 years of the Constitution, Moitra asserted that the need of the hour is to ensure that the idea of India survives in its purest form. For a significant part of her speech, the Trinamool Congress (TMC) MP trained her guns on former chief justice of India D Y Chandrachud, without naming him, and said what troubles the opposition is that some members of the higher judiciary appear to be doing their best to compromise the independence and integrity of the country's constitutional courts. «The outgoing CJI waxed eloquent on how the right to bail has been granted during his tenure… From A for Arnab to Z for Zubair, his alphabets seem to be abbreviated because it did not include G for Gulfisha Fatima, did not include H for Haney Babu, did not include K for Khalid Saifi, did not include S for Sharjeel Imam, U for Umar Khalid and countless others,» she said.
13.12 / 15:29
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Minister's post does not entitle someone for special consideration for grant of bail: SC
Supreme Court said on Friday, asserting that «official positions, regardless of their stature, lose relevance for the purpose of exercising judicial discretion judiciously». A bench of Justices Surya Kant and Ujjal Bhuyan, which granted conditional future bail to former West Bengal minister Partha Chatterjee in a money-laundering case related to the alleged cash-for-jobs scam in the state, said impartiality is a prerequisite to the rule of law, wherein decisions are based on the factual matrix of a case as opposed to an individual's position or influence. It rejected Chatterjee's argument seeking special consideration for the grant of bail on the ground that he was entitled for the relief as he was a minister at the relevant time. «In this context, the argument that the appellant's position as a minister entitles him to any special consideration does not hold merit from either perspective. Impartiality is a prerequisite to the rule of law, wherein decisions are based on the factual matrix of the case as opposed to the individual's position or influence,» the bench said.
13.12 / 14:59
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'Not backing down': Junior docs after RG Kar ex-principal Sandip Ghosh gets bail in rape-murder case
CBI investigation into the case on Friday after two key suspects got bail from a court. The Sealdah court granted bail to RG Kar Medical College and Hospital's ex-principal Sandip Ghosh and former officer-in-charge of the Tala police station Abhijit Mondal in the rape and murder case of the on-duty doctor. They were granted bail after the CBI failed to file a charge sheet against them within the mandatory 90-day period.
13.12 / 14:59
13.12 / 13:35
Trade
Justice
country
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Pharmaceuticals
Danish court sentences British hedge fund trader to 12 years over massive tax fraud
A Danish court has sentenced a British hedge fund trader to 12 years in prison in connection with what authorities say was a 9 billion kroner ($1.3 billion) tax fraud, Danish justice officials confirmed
13.12 / 11:43
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New consumer complaints platform will let you file cases, attend hearings online
Subscribe to enjoy similar stories. New Delhi: The department of consumer affairs is preparing to launch a “future-ready" platform to redressing consumer grievances through a new e-Jagriti app and an updated portal, which is expected to streamline the resolution of complaints, two people aware of the matter said. The new system looks to take into account changes in consumer behaviour resulting from, among other things, the launch of quick deliveries across segments, from groceries and medicines to cosmetics and fashion, they added.
13.12 / 06:49
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AAP MP Sanjay Singh moves suspension of Business Notice in RS to discuss Manipur situation
Sanjay Singh on Friday gave a suspension of business notice to discuss the Manipur situation in Rajya Sabha. Singh in his notice highlighted the 19-month-long «ethnic violence» in Manipur which resulted in the burning of hundreds of houses, the killing of innocent people and the displacement of thousands of families. «Respected Sir, the ethnic violence in Manipur for the last 19 months has exposed the failure of law and order in the State and the Government's negligence towards the safety of women. Hundreds of houses were burnt, many innocent people were killed, and thousands of families were displaced in this violence that started in May 2023. Women and children bore the brunt of this crisis,» Singh said in the notice.
13.12 / 06:49
markets
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Coca-Cola
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Food
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Bombay High Court allows criminal proceedings against Coca-Cola after spider webs found in bottles
Bombay High Court has declined to quash proceedings against Hindustan Coca-Cola Beverages Private Limited, which faces allegations of selling adulterated beverages. The company had sought to dismiss the case initiated by a magistrate's court in Maharashtra's Jalna district after the Food and Drug Administration (FDA) found a fibrous substance and cobwebs inside bottles of 'Canada Dry', a sweetened carbonated drink. In 2001, during an inspection of Hindustan Coca-Cola’s product 'Canada Dry', the FDA discovered the contaminants in sealed bottles. A stock of 321 bottles, with an expiry date of December 12, 2001, was seized on July 27, 2001. Following tests, a complaint was filed against the company for allegedly violating the Prevention of Food Adulteration Act.
13.12 / 01:51
markets
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rights
Bangladesh court keeps bail petition, refuses to advance hearing of arrested Hindu monk Chinmoy Krishna Das
Chinmoy Krishna Das' bail, however, the judge did not allow the early hearing. Rabindra Ghosh, a Supreme Court lawyer and human rights activist, presented the petition in the court and the judge kept his application «on record» but did not allow an early hearing. «The senior lawyer Rabindra Ghosh used the authorised power with the signature of Chinmoy Krishna Das on the basis of Supreme Court Bar document. But the judge asked a requirement of Chittagong Bar confirmation,» Nazim Uddin Chowdhury, President of Chittagong Bar Association, told over the phone.
12.12 / 20:59
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US Supreme Court allows a shareholder lawsuit to continue after granting bail in the NVIDIA case
US Supreme Court grants bail in the NVIDIA case, permitting a shareholder lawsuit to move forward. The technical details of the hearing seemed to overwhelm the justices. The NVIDIA case that the US Supreme Court had previously agreed to hear was dismissed as improvidently granted. The ruling permits the majority of the shareholder lawsuit against the chip manufacturer to move forward, as quoted in a report by Engadget. A pension fund and an investment firm filed the lawsuit against NVIDIA, alleging the company misled investors about its dependence on the cryptocurrency mining sector. The lawsuit alleges that before a 2018 crash that caused the chip maker's stock prices to plummet, NVIDIA concealed its reliance on the market.
12.12 / 20:37
Citi
BLOCK
social
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Courts
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International
Mexican police arrest 3 taxi drivers near Cancun for threatening a tourist who used a ride-share app
Three taxi drivers have been arrested in Puerto Morelos in Mexico, just south of Cancun, for threatening a tourist for using a ride-share app
12.12 / 20:37
Justice
information
Department
Courts
Interviews
Investigations
North Korean nationals indicted in scheme using IT workers to funnel money for weapons programs
Fourteen North Korean nationals have been indicted in a scheme using information technology workers with false identities to contract with U.S. companies, workers who then allegedly funneled their wages to North Korea for development of ballistic missi...
12.12 / 19:15
markets
Software
Experts
Justice
PAM
Courts
Investigations
Ex-LTTE men trying to revive terror group in TN: Probe agencies
Robert Payas, along with other ex-LTTE personnel based abroad, have been trying to revive it in Tamil Nadu since 2019, as per the investigation by agencies. NIA in 2022 carried out searches and came across the involvement of Suresh Raj and Soundar. «Accused Soundar had voluntarily confessed that his uncle Balan Jayakanthan, an ex-LTTE cadre, instructed him to meet Robert Payas (an accused in the Rajiv Gandhi assassination case) for monetary assistance for his education and Robert Payas, in turn, instructed him to meet Sabesan, an ex-LTTE cadre and through Sabesan, the two developed an association and indulged in subversive activities,» the order stated.
12.12 / 18:51
markets
Digital
Strategy
Software
Justice
PAM
Courts
SC to Delhi, NCR states: Decide on blanket ban on firecrackers
Supreme Court on Thursday directed the Delhi government and NCR states to take a final call on banning firecrackers throughout the year. A bench comprising justices Abhay Oka and Augustine George Masih directed the states to take a final call in this regard and communicate the same to the top court. The ban is required to curb not only air pollution but also noise pollution, the bench said.
12.12 / 18:33
COST
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Action
Dollarama
electronic
Courts
Quebec court approves $2.5M settlement in Dollarama eco fees class action
The Superior Court of Quebec has approved a $2.5-million settlement in a class action targeting Dollarama Inc.’s use of eco fees.
12.12 / 16:25
12.12 / 13:45
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