Courts Financial News

25.09 / 09:19
markets Citi Death Universities War 2020 Courts A spectre looms over Hong Kong’s property market
Subscribe to enjoy similar stories. Properties on the Peak, a rich neighbourhood in Hong Kong, are among the world’s most desirable. But nobody lives in Dragon Lodge, an Italianate mansion built in the 1920s.
25.09 / 09:11
markets Aware Justice social reports Courts SC cautions courts against misogynistic comments, says no part of India can be called Pakistan
Supreme Court on Wednesday cautioned courts against making comments that may be construed as «misogynistic» or directed towards a particular «gender or community» and said no part of Indian territory can be called Pakistan. The apex court's strong observations came as it closed the suo motu proceedings over Karnataka High Court judge Justice V Srishananda's alleged objectionable comments during court proceedings. The Supreme Court also noted that he had apologised for his observations during open court proceedings on September 21. A five-judge bench headed by Chief Justice D Y Chandrachud observed that since Justice Srishananda was not a party to proceedings before it, «we desist from making any further observations save and except to express our serious concern about both the reference to gender and to a segment of the community». The top court on September 20 took suo motu cognisance of the judge's comments against a woman lawyer during court proceedings in a case and his reference to a Muslim-majority area in Bengaluru as «Pakistan» in another.
25.09 / 07:39
markets Platform RAI social Courts Interviews Relationships Elon Musk, X seek dismissal of Don Lemon's lawsuit over canceled partnership
Elon Musk and X asked a federal judge to dismiss former CNN anchor Don Lemon's lawsuit claiming they defrauded him by canceling a partnership on the social media platform following a contentious interview. In a Monday night filing in San Francisco federal court, Musk said he did nothing wrong by allegedly telling Lemon there was «no need» to sign a contract, and that he and X would give Lemon «full authority and control» over his work even if they did not like his views. Musk called it unreasonable for Lemon to rely on a vague statement that a written contract was unnecessary for a multimillion-dollar partnership.
25.09 / 06:51
UPS Platform shooting show social Schools Courts Judge to approve auctions liquidating Alex Jones' Infowars to help pay Sandy Hook families
Conspiracy theorist Alex Jones’ Infowars media platform and its assets will be sold off in auctions this fall to help pay the more than $1 billion he owes relatives of victims of the Sandy Hook Elementary School shooting
25.09 / 06:51
Entertainment awards wellness singer pop Courts rights Jury awards teen pop group OMG Girlz $71.5 million in battle with toy maker over "L.O.L." dolls
A federal jury has determined toy maker MGA Entertainment must pay $71.5 million in damages for infringing on the name and likeliness of teen pop group OMG Girlz with one of its popular lines of dolls
25.09 / 01:41
markets Citizens Golf Justice Department Courts Investigations Ryan Routh, gunman suspected of trying to kill Donald Trump, charged with attempted assassination
Florida golf course was indicted Tuesday on three additional counts, including attempted assassination of a major presidential candidate, the US Department of Justice announced. Ryan Routh, 58, was arrested on September 15 after Secret Service agents spotted him with a gun near the course where Trump was playing. He has already been charged with two gun crimes in relation to the incident.
24.09 / 22:33
UPS Provident Waters Justice Department Courts rights Maryland sues the owner and manager of the ship that caused the Key Bridge collapse
The state of Maryland has added to the legal troubles facing the owner and operator of the container ship Dali, which caused the deadly collapse of the Francis Scott Key Bridge after the massive vessel experienced an ill-timed electrical blackout and o...
24.09 / 22:33
security Trade Courts Invitation Homes agrees to pay $48 million to settle claims it saddled tenants with hidden fees
The nation’s largest owner of single-family homes for rent has agreed to pay $48 million to settle claims by the Federal Trade Commission
24.09 / 17:05
UPS Provident Telegram WhatsApp recommendations Courts Vi, Airtel raise AGR issue at meeting with telecom minister Scindia
Also read | Former Reliance Jio executive raises $130 mn to back mid-market startupsSome of the carriers raised the issue of messaging and calling apps like WhatsApp and Telegram being excluded from the telecom regulator's recommendation on new licensing rules. Telcos have for long demanded to bring calling and messaging apps, called OTTs, under the ambit of telecom licences as they provide calling and messaging services like any telecom operator.
24.09 / 16:43
markets Digital security Kraken country Features Courts Kraken Expands European Presence with Acquisition of Dutch Crypto Broker Coin Meester
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
24.09 / 16:21
markets Digital RAI Diversity Courts Investigations CBI arrests 'proclaimed offender' in loan fraud case
loan fraud of Rs 21 crore in Bank of Baroda and Standard Chartered Bank, officials said. Surender Kumar, who was declared «proclaimed offender» by a special court in August last year, had allegedly transferred the loans to his two firms on the basis of a forged Letter of Credit (LC), they said. He was involved in the diversion of funds in conspiracy with promoters of the borrower company during 2009-17, the agency alleged. «The CBI had registered a case on 23.03.2021 on complaint of AGM, Stressed Asset Management Branch (SAMB), Bank of Baroda, alleging that Directors/Guarantors of a private company (borrower), the said private company and unknown public servants and private persons committed fraud during the period 2009-2017 to the tune of Rs 21.21 crore (approx) in the loan accounts of Bank of Baroda and Standard Chartered Bank,» a CBI spokesperson said.
24.09 / 15:17
markets Provident Food President MDC reports Courts Sean 'Diddy' Combs is not eating in jail; is he scared of poisoning, or on a hunger strike?
jail because he is scared and paranoid, as former prisoner Larry Levine reports. He has things on people who do have a significant amount of money out there. Former inmate Larry Levine claims that Sean Diddy Combs may have stopped eating in prison because he was afraid he would be poisoned, so that could be among the causes of his lack of appetite, as quoted in a report by NewsNation. Levine suggests that a hunger strike or simply bad food are other possibilities. He claimed that the food at the Metropolitan Detention Center in Brooklyn is exceedingly bland and contains a lot of carbohydrates. Sean Diddy Combs, who is being held at the Metropolitan Detention Center (MDC), is said to be terrified that someone is attempting to hurt him by consuming his food. Also Read: Trump says Ukraine President Zelensky is the greatest salesman in history, every time he comes to U.S, he walks away with $60 billion
24.09 / 14:51
markets RAI Justice Diversity Courts Sporting NBCC moves SC to complete stalled projects of realty major Supertech Ltd
NBCC on Tuesday moved the Supreme Court seeking to develop and complete embattled realty major Supertech Limited's 17 stalled or partially built projects where around 27,000 hassled home buyers are stuck for years. These 17 projects were launched in the National Capital Region, Dehradun and Bengaluru but completion of the residential units was hit due to financial crisis faced by the realty major which led to insolvency proceedings since 2021. A bench of Justices Sanjiv Khanna and Sanjay Kumar was told by advocate ML Lahoty, appearing for the hassled home buyers, that the National Buildings Construction Corporation Ltd (NBCC) has come forward with a proposal to complete these stalled projects having around 51,000 residential units. Senior advocate Gopal Jain, appearing for NBCC, said the public sector undertaking has filed an intervention application in a matter related to insolvency proceedings of Supertech Ltd to develop the stalled project on the lines of Amrapali Group.
24.09 / 14:51
markets Provident Digital Align RAI Courts SC disposed of 573 direct tax cases post-revision in monetary limit in appeal filing: Finance Ministry
finance ministry on Tuesday said the Supreme Court has disposed of 573 direct tax cases after the monetary limits for filing appeals were revised in the Budget. The Union Budget 2024-25 provided for an enhanced monetary limit for filing appeals related to direct taxes, excise and service tax in the tax tribunals, high courts and the Supreme Court and the limits were increased to Rs 60 lakh, Rs 2 crore, and Rs 5 crore, respectively. «The Hon'ble Supreme Court today disposed of 573 direct tax cases where the tax effect is less than Rs 5 crore, in view of the revised monetary limit of filing of appeals,» the finance ministry said. This significant milestone aligns with the government's efforts to reduce tax litigation and promote ease of doing business, it added.
24.09 / 13:07
markets UPS Amicus Justice reports Courts SC asks CAQM to apprise it about steps taken to curb pollution, stubble burning
Supreme Court on Tuesday asked the Commission for Air Quality Management in the National Capital Region and Adjoining Areas to explain about the steps being taken to curb air pollution due to crop residue burning. A bench of Justices Abhay S Oka and Augustine George Masih asked the Commission for Air Quality Management (CAQM) to apprise about the steps on September 27, when the issue will be taken up for hearing. Senior advocate Aprajita Singh, who is assisting the court as amicus curiae, referred to some newspaper reports and said it appears that stubble burning has started in neighbouring states of Delhi. She urged the court to seek explanation from the CAQM on what steps are being taken to curb air pollution caused by stubble burning and what steps are being taken to fix accountability on officials responsible for checking the burning of paddy straw under the CAQM Act.
24.09 / 13:07
markets awards RAI Justice Courts Investigations MUDA case: Allegations against CM Siddaramaiah date back over three decades
Karnataka Governor Thaawarchand Gehlot accorded sanction for investigation against Chief Minister Siddaramaiah has its origins more than three decades ago. The case pertains to alleged allotment of compensatory sites to Siddaramaiah's wife B M Parvathi in an upmarket area in Mysuru, which had higher property value as compared to the location of her land which had been «acquired» by the MUDA. The MUDA had allotted plots to Parvathi under a 50:50 ratio scheme in lieu of 3.16 acres of her land, where it developed a residential layout. Under the controversial scheme, MUDA allotted 50 per cent of developed land to the land losers in lieu of undeveloped land acquired from them for forming residential layouts.
24.09 / 11:31
markets UPS Justice information Courts rights SC seeks response of 11 states on plea seeking setting up of RTI portals
Supreme Court has sought responses from 11 states, including Andhra Pradesh and Jharkhand, on a plea alleging that they are yet to set up Right to Information (RTI) portals under the transparency law in pursuance of a 2023 judgment. In the landmark judgment, the top court had on March 20 last year directed all states, Union territories and high courts to set up RTI websites within three months, saying the online facilities would considerably facilitate the fulfilment of the objects of the Right to Information Act, 2005. On Monday, a bench comprising Chief Justice D Y Chandrachud and Justice J B Pardiwala took note of the submissions of a lawyer, representing petitioner Anuj Nakade, that as many as 11 states have not set up their RTI websites. «Counsel appearing on behalf of the petitioner states that the following states and Union territories have yet to comply with the judgment of this court dated 20 March 2023 requiring the setting up of online RTI portals: Andhra Pradesh, Jharkhand, Manipur, Nagaland, Sikkim, West Bengal, Andaman and Nicobar, Daman and Diu and Dadra and Nagar Haveli, Jammu and Kashmir, Lakshadweep and Arunachal Pradesh,» the bench noted in an order.
24.09 / 10:55
FIVE Action Racing Justice reports Courts rights Former Singaporean minister pleads guilty to receiving illegal gifts
A former Singaporean cabinet minister has pleaded guilty to charges of receiving illegal gifts, in the Asian financial hub’s first ministerial criminal trial in nearly half a century
24.09 / 10:55
Cooper Research donates Schools Courts Investigations Relationships Former FTX executive Caroline Ellison faces sentencing
A former top executive in Sam Bankman-Fried’s fallen FTX cryptocurrency empire faces the possibility of years in prison when she is sentenced Tuesday for fraud
24.09 / 09:11
markets Action President Experts prevention Courts Investigations MUDA Scam: As Siddaramaiah faces setback in HC, CM says he will decide on future course of action
Siddaramaiah said he would decide his future course of legal battle after reading the judgment by which the High Court Tuesday dismissed the legal challenge, he mounted against the August 16 order of Governor Thawarchand Gehlot permitting his prosecution in a case of allotment of housing plots to his wife in Mysuru. The High Court has only limited the scope of investigation to 17A of the Prevention of Corruption Act, 1988 and rejected the sanction under section 218 of the Bharatiya Nagarik Suraksha Sanhita, 2003, the CM said in a statement. He would consult legal experts before deciding on the future course of action, he added. Opposition BJP urged Chief Minister Siddaramaiah to resign in the wake of the court decision.
24.09 / 08:31
markets UPS Justice BELA social Courts Sub-classification of Scheduled Castes for quota: SC to consider in-chambers review of judgement
Supreme Court is scheduled to consider in-chambers on Tuesday a batch of pleas seeking review of its judgement which held that states are constitutionally empowered to make sub-classifications within the Scheduled Castes, which form a socially heterogeneous class, for granting reservation. As per the cause list, a seven-judge Constitution bench comprising Chief Justice D Y Chandrachud and Justices B R Gavai, Vikram Nath, Bela Trivedi, Pankaj Mithal, Manoj Misra and Satish Chandra Sharma is likely to take up the matter at 1.35 pm. On August 1, the top court had held that states are constitutionally empowered to make sub-classifications within the Scheduled Castes, which form a socially heterogeneous class, for granting reservation for the uplift of castes that are socially and educationally more backward. The apex court, however, made it clear that states have to make sub-classification on the basis of «quantifiable and demonstrable data» of backwardness and representation in government jobs and not on «whims» and as a matter of "political expediency".

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