Shiv Sena (UBT) head Uddhav Thackeray and Maharashtra Deputy Chief Minister Eknath Shinde have been directed by a Thane magistrate's court to appear in connection with a 17-year-old defamation complaint. The case, filed by late NCP leader Vasant Davkhare, relates to a controversial video screened during the 2009 Lok Sabha elections.
The Punjab and Haryana High Court has overturned the death sentences of two men convicted in the 2019 rape and murder of a seven-year-old girl in Ludhiana, citing procedural errors during the trial.
MNS chief Raj Thackeray recorded his statement in a Thane court, dismissing allegations in connection with a 2008 rioting and assault case related to Railway recruitment agitation.
A Delhi court has convicted a man for electricity theft, imposing a fine of Rs 1.72 lakh after finding him guilty of directly tapping power from a distribution pole.
The Reserve Bank had identified 12 accounts, each having more than Rs 5,000 crore of outstanding loans accounting for 25 per cent of total NPAs or bad loans of banks, for immediate referral for resolution under the bankruptcy law.
SBI will auction two non-performing accounts (NPAs) next month to recover dues of over Rs 313 crore, according to a notice by the lender. The two accounts to be put up for e-auction on August 6 are Bhadreshwar Vidyut Pvt Ltd (BVPL) with a loan outstanding of Rs 262.73 crore and GOL Offshore Ltd with Rs 50.75 crore dues. "In terms of the bank's policy on sale on financial assets, in line with the regulatory guidelines, we place these accounts for sale to ARCs/banks/NBFCs/FIs, on the terms and conditions indicated there against," SBI said in the notice. The reserve price for the auction of Bhadreshwar Vidyut is set at Rs 100.12 crore and for GOL Offshore at Rs 51 crore.
The National Investigation Agency court also noted that the warrant was not served on Thakur and directed her to appear before it on March 27 for recording statement.
Special Judge SK Yadav also fixed July 23 for recording the statement of BJP leader Murli Manohar Joshi through video conferencing.
The death toll climbed to 5,26,396 with 24 new fatalities.
In a statement, the ministry said 40,650 COVID-19 vaccine doses are in the pipeline and will be received by the states/UTs within the next three days.
A bench of justices AS Bopanna and PS Narasimha clarified that the rest of the high court judgment would continue to be in force.
Investors saw their wealth rise by more than Rs 3.96 lakh crore on Wednesday as stocks continued their rally for the second straight session amid the Reserve Bank reiterating its accommodative stance and easing concerns over the Omicron variant of the coronavirus. The 30-share Sensex soared 1,016.03 points or 1.76 per cent to close at 58,649.68 and all the constituent stocks, except for two, closed in the green. Most of the rate-sensitive auto, banking and realty stocks registered gains during the day's trade. While the BSE Auto index rose 2.24 per cent, BSE Bankex went up 1.61 per cent and BSE Realty spurted 1.72 per cent.
A 51-year-old deputy director in the woman and child development department of the Delhi government and his wife were arrested on Monday in connection with the rape of minor girl, the police said.
Digital financial services firm One97 Communications' Managing Director Vijay Shekhar Sharma has purchased 1.7 lakh shares of the company worth Rs 11 crore, according to a regulatory filing.
Gold exchange traded funds (ETFs) witnessed a net outflow of Rs 248 crore in February, making it the second consecutive month of withdrawals as investors preferred equities over other segments on record SIP flows. Net outflows from the gold ETFs were at Rs 452 crore in the month of January. Prior to that, the asset class had seen a net investment of Rs 313 crore, according to the data of Association of Mutual Funds in India (Amfi). Despite the outflows, the category witnessed an increase in net assets under management (AUM) of gold ETFs to Rs 18,727 crore at the end of February from Rs 17,839 crore in January-end.
The top-10 valued companies added a whopping Rs 2.72 lakh crore to their market valuation last week, as the domestic equity benchmarks witnessed heavy buying tracking an overall bullish trend in global equities. The benchmark indices made strong gains in the holiday-truncated week. The 30-share BSE Sensex climbed 2,313.63 points or 4.16 per cent, while the NSE Nifty advanced 656.60 points or 3.95 per cent. Mirroring the bullish trend in the broader market, the combined market capitalisation (m-cap) of the country's top-10 firms zoomed by Rs 2,72,184.67 crore during last week.
This was also the 10th consecutive monthly net inflow, data with Association of Mutual Funds in India (Amfi) showed on Monday. In comparison, equity mutual funds logged net inflow to the tune of Rs 11,615 crore in November, Rs 5,215 crore in October, Rs 8,677 crore in September and Rs 8,666 crore in August.
IT services major Wipro on Wednesday posted a consolidated net profit of Rs 2,969 crore for the December 2021 quarter, and said it has logged strong performance in revenues and order bookings. The net profit attributable to shareholders in the year-ago period had stood at Rs 2,968 crore, according to a regulatory filing by Wipro. On a sequential basis, its net profit was up 1.3 per cent, it added.
Investors have gained Rs 3,93,349.08 crore in four days following a strong rally in the equity markets amid a declining trend in COVID-19 cases. In four consecutive sessions of gains, the 30-share BSE Sensex has climbed 1,299.91 points or 2.56 per cent. The BSE benchmark index on Monday closed at 51,937.44, a gain of 514.56 points or 1 per cent. In four days, the market capitalisation of BSE-listed companies zoomed Rs 3,93,349.08 crore to close at a record high of Rs 2,22,99,810.27 crore on Monday.
A special court in Bengaluru trying the disproportionate assets case against Tamil Nadu Chief Minister J Jayalalithaa on Thursday adjourned to February 18, recording of statement of estranged aide and co-accused Sasikala Natarajan.
Earlier, in September, authorities seized around 3,000 kg of the drug at the Mundra port in Gujarat's Kutch district.
Investor wealth eroded by Rs 6.59 lakh crore on Monday as equities tanked after the UK reported a new strain of the COVID-19 virus. The 30-share BSE Sensex plunged 1,406.73 points or 3 per cent to close at 45,553.96. The benchmark hit an all-time high of 47,055.69 during the session. Following the sharp selling, the market capitalisation of BSE-listed firms plummeted by Rs 659,313.65 crore to Rs 1,78,79,323.05 crore.
Finance Minister P Chidambaram has approved 17 proposals for foreign investments, including a proposal by Quinn Hotels Sweden AB to invest Rs 313 crore (Rs 3.13 billion) in a 100 per cent owned holding company for construction activities.
The 61-year-old saffron clad BJP leader is the 19th accused to depose before the court in the over 27-year-old case. 13 other alleged accused, including former deputy prime minister LK Advani and senior BJP leaders MM Joshi and Kalyan Singh are yet to be examined at this stage.
A special court on Wednesday adjourned till June 18 further recording of the statement of Sasikala Natarajan, the second accused in the disproportionate asset case against Tamil Nadu Chief Minister J Jayalalithaa.
Dentist Rajesh Talwar claimed in the court that he was asleep on the fateful night when his daughter Aarushi and domestic help Hemraj were murdered and internet activity recorded from his room might not be correct.
It is not immediately clear if they have to be present in court or can appear through a video conference due to restrictions imposed to fight the spread of coronavirus.
590 cricketers -- including 370 Indian players and 220 overseas players -- will go under the hammer during the two-day mega auction in Bengaluru on February 12 and 13.
With Indian bluechips giving nearly 17 per cent returns during the period, FIIs are bullish on good returns from emerging markets, like India.
Indian companies have raised over Rs 3.13 lakh crore up to September, excluding foreign currency convertible bonds (FCCBs) and external commercial borrowings in September. This is close to the cumulative Rs 3.14 lakh crore raised in 2009.Inc's highest fund mobilisation was in 2007, when it mopped up over Rs 3.20 lakh crore.
The Hinduja group controlled, IndusInd Bank, plans to raise around Rs 140 crore (Rs 1.4 billion) through global depository receipts by March-end.
The latest recall will impact models which were manufactured in 2013.
The divestment department has lined up a host of companies.
SM Trehan, MD of Crompton Greaves says topline growth was driven by growth in power systems, consumer products and industrial systems.
Chinmayanand, whose trust runs the Shahjahanpur law college where the woman studied, was arrested on September 20 under section 376-C of the IPC, a charge short of rape.
From the 30-Sensex pack, 26 stocks ended with gains led by Tata Steel and ICICI Bank
At present, 22 accused, mostly police personnel from Gujarat and Rajasthan, are facing trial in the case.
The sale of the NPA account is to happen through e-auction on January 30, as per the bid invite.
Except RIL and CIL, the remaining eight companies among the top 10 witnessed slump in their m-cap
The market capitalisation of TCS plunged by Rs 18,911.52 crore (Rs 189.11 billion) to Rs 5,24,772.61 crore (Rs 5,247.72 billion).
