ITC Hotels Ltd on Wednesday reported a 53 per cent jump in consolidated net profit to Rs 133.71 crore in the June quarter, on the back of higher revenue. The company, which had posted a consolidated net profit of Rs 87.16 crore in the first quarter last fiscal, said it is targeting to reach 220 operational hotels and more than 20,000 keys by 2030.
The country's most valuable lender HDFC Bank can perhaps no longer claim to be a favourite of foreign portfolio investors (FPIs). Two data indicators, both somewhat interconnected, point to this - the diminishing premium of HDFC Bank's American depositary receipts (ADRs) compared to local shares, and the ample investment opportunities available to FPIs in the domestic market. The ADR premium has shrunk to below 5 per cent, down from over 30 per cent in March 2021, and even lower than recent levels.
The Supreme Court has directed the Election Commission of India (ECI) to publish details of deleted names from the voters list in Bihar, along with reasons for non-inclusion, to enhance transparency in the special intensive revision (SIR) of the electoral roll.
The BJP received the highest amount in large donations among national parties in the financial year 2023-24, with over Rs 2,243 crore declared from 8,358 donations, according to a report by poll rights body the Association for Democratic Reforms (ADR). The report, based on data submitted to the Election Commission, highlighted trends in political donations above Rs 20,000. The total declared donations to national parties stood at Rs 2,544.28 crore from 12,547 contributions - a sharp 199 per cent increase compared to the previous year.
Analysts say domestic banks' dependence on local depositors insulates them from the crisis.
According to a report by the Association for Democratic Reforms (ADR), Andhra Pradesh Chief Minister N Chandrababu Naidu is the richest chief minister in India with assets worth over Rs 931 crore, while West Bengal's Mamata Banerjee is the poorest with just Rs 15 lakh. The average asset per chief minister is Rs 52.59 crore, and the total assets of 31 chief ministers are worth Rs 1,630 crores. The report also highlights that 13 chief ministers have declared criminal cases against themselves, with 10 of them having declared serious criminal cases.
Aaditya Thackeray refuses to comment on the Disha Salian case, while Nitesh Rane insists the matter is not closed and justice will be served.
Mumbai police submit to the Bombay High Court that Disha Salian committed suicide, refuting claims of foul play by her father, who alleges gangrape and murder and seeks a CBI probe.
The "unknown" sources are income declared in the annual audit report by these parties but without giving the source of income, according to the ADR.
About 40 per cent of sitting MPs have criminal cases registered against them out of which 25 per cent have declared serious criminal cases under charges of murder, attempt to murder, kidnapping and crimes against women, according to poll rights body Association for Democratic Reforms (ADR).
While the BJP received the highest amount, securing Rs 1,685.63 crore, the Congress received Rs 828.36 crore, and the Aam Aadmi Party (AAP) Rs 10.15 crore.
Total assets of the 699 candidates are worth about Rs 3,952 crore...
Shefali featured in popular Salman Khan-hosted reality show Bigg Boss 13 (2019), alongside winner Sidharth Shukla, who died in 2021.
According to the analysis, there has been a 55 percent increase in the number of MPs with declared criminal cases since 2009.
The poll reforms advocacy group further said that 10 (14 per cent) winning candidates have declared serious criminal cases against themselves.
Four labourers died of suffocation on Sunday while cleaning a water tank in an under-construction building in south Mumbai. The incident occurred at Bismillah Space building located on Dimtimkar Road in the Nagpada area around 12.30 pm. Five persons entered the tank and fell unconscious. They were rescued by fire brigade personnel and rushed to JJ Hospital, where doctors declared four dead on arrival. The deceased have been identified as Hasipal Shaikh (19), Raja Shaikh (20), Jiaulla Shaikh (36) and Imandu Shaikh (38). The fifth person, Purhan Shaikh (31) is recuperating. An accidental death report (ADR) was registered and a probe has begun to find out lapses, if any, on the part of those who hired the five and whether safety protocols were adhered to.
The Supreme Court of India has sought a response from the Election Commission of India (ECI) regarding pleas seeking verification of burnt memory and symbol loading units in Electronic Voting Machines (EVMs). The court directed the ECI to refrain from erasing or reloading data during the verification process and to explain the procedure adopted for verification. The bench also expressed concerns over the high cost of verification and directed the ECI to reduce the fee. The court's directive comes following its previous judgement where it allowed aggrieved candidates to seek verification of EVMs.
Thirty-one of the 70 candidates elected to the eighth Delhi Assembly have declared criminal cases against their names, according to poll rights body ADR. The figure is lower than the 43 MLAs in the seventh assembly who had declared criminal cases. The Association for Democratic Reforms (ADR) and Delhi Election Watch, which analysed the affidavits submitted by all 699 candidates who contested the assembly elections, said the number of winning candidates with serious criminal cases remained a concern. The analysis found that 17 newly-elected candidates were facing serious criminal cases, including those related to attempted murder and crimes against women. The analysis also highlighted the growth in assets of re-elected MLAs. The 22 candidates re-elected to the House saw their average assets rise 25 per cent from Rs 7.04 crore in 2020 to Rs 8.83 crore in 2025.
Uttar Pradesh Election Watch and the ADR have analysed the self-sworn affidavits of 45 of the total 53 ministers, including the chief minister.
An analysis of the affidavits of all the 90 winning candidates by the Association for Democratic Reforms and Haryana Election Watch show a slight rise in the number of crorepati MLAs, from 93 percent in 2019 to 96 percent this time.
Satish Salian, the father of Disha Salian, former manager of actor Sushant Singh Rajput, has filed a petition in the Bombay High Court seeking a fresh probe into her death in 2020. The petition alleges that Disha Salian was brutally raped and murdered and that there was a politically-orchestrated cover-up to protect certain influential persons. The petition names Shiv Sena (UBT) leader Aaditya Thackeray and calls for the probe to be transferred to the CBI. The petition also claims that the Mumbai police hastily closed the case as a suicide or accidental death without considering forensic evidence. Salian's death occurred on June 8, 2020, after she fell from the 14th floor of a residential building. The city police had registered an Accidental Death Report (ADR) case at the time. The case has drawn renewed attention after Rajput's death on June 14, 2020, which was also initially ruled a suicide but was later handed over to the CBI. The petition has sparked reactions from various political figures, with some calling for Thackeray to resign and face the investigation.
Driven by a boom in domestic tourism, a record number of weddings in November and December, and a surge in extended weekend vacations.
Chief Minister Nitish Kumar and Deputy Chief Minister Tejashwi Yadav also have cases registered against them.
Polling for the Delhi assembly's 70 seats will be held on Wednesday, February 5, 2025.
The Supreme Court of India has asked petitioners in two Public Interest Litigations (PILs) to make representations to the Election Commission of India (ECI) regarding their demand for uploading polling booth-wise voter turnout data on the ECI website. The PILs, filed by TMC MP Mahua Moitra and NGO Association for Democratic Reforms, seek a direction for the ECI to upload the data within 48 hours of the conclusion of polling in Lok Sabha and assembly elections. The ECI, represented by senior advocate Maninder Singh, expressed willingness to deliberate on the matter and suggested a meeting with the petitioners to address their concerns. The court has adjourned the hearing to the week of July 28.
It will be court's opinion versus the legislative power to enact law, the Supreme Court on Wednesday said as it posted the pleas challenging the appointment of the chief election commissioner and election commissioners under the 2023 law on February 4.
Legal experts fear such shareholder activism could turn into a class-action suit against Infosys
The Supreme Court of India has scheduled a hearing on February 19 for pleas challenging the appointment of the Chief Election Commissioner and Election Commissioners under the 2023 law. The court emphasized the potential consequences if any action is taken before the hearing. The pleas argue that the 2023 law, which excludes the Chief Justice of India from the selection panel, undermines the independence of the Election Commission and allows for undue influence from the executive branch. The court's earlier verdict in March 2023 called for an independent selection panel comprising the Prime Minister, Leader of the Opposition, and the Chief Justice of India to ensure the integrity of the Election Commission. The case highlights concerns about the independence of India's electoral process and the potential for political influence in the appointment of key election officials.
The Supreme Court will hear on February 19 pleas challenging the appointments of the Chief Election Commissioner and Election Commissioners under the 2023 law. The court will take up the matter on a priority basis, after some urgent listed matters. The government has appointed a new CEC and ECs under the new law, which excludes the Chief Justice of India from the selection panel, despite a 2023 Supreme Court verdict directing the inclusion of the CJI in the panel. The petitioners argue that the exclusion of the CJI undermines the independence of the election commission.
The Supreme Court has adjourned pleas challenging the appointments of the chief election commissioner (CEC) and election commissioners (ECs) under the 2023 law. The court indicated the matter would be listed after the Holi festival break due to a paucity of time. Petitioners, including the NGO Association for Democratic Reforms, argued for an urgent hearing, emphasizing the importance of the issue and the potential impact on democratic processes. The appointment of the new CEC and ECs under the 2023 law, which excludes the Chief Justice of India from the selection panel, has been a point of contention, with petitioners alleging it undermines the independence of the election commission.
Budget may bring exemption for those backed by Indian securities other than shares
Infosys Technologies Ltd plans a sponsored secondary ADR program. The company board okayed sponsorship of an ADR issue of 2 to 3 million shares, equivalent to 4 to 6 million ADRs.
In a new report, the ADR said the BJP declared a total income of Rs 3,623.28 crore during the financial year 2019-20, but spent only 45.57 per cent (Rs 1,651.022 crore) of it.
According to the analysis, 37 of the 40 BJP MLAs and 29 of the 31 Congress legislators are crorepatis.
Maharashtra now has 20 ministers, including the chief minister, after the council of ministers was expanded on August 9 with the induction of 18 members.
According to the report, there are 16 sitting MPs and MLAs who have declared cases related to rape under Indian Penal Code Section 376, which carries a minimum sentence of 10 years and can be extend to life imprisonment.
A little over 2,400 BSE-listed stocks ended with gains in April amid a sharp rebound in the broader markets from the March lows. This was the highest number of stocks that rose during a calendar month, as per data provided on BSE's website. The previous high was 2,322 gainers recorded in January.
'If machines (EVMs) are so reliable, if our electoral system is so reliable, then why has the Election Commission so far not even responded to an ADR plea to share data of 79 (Lok Sabha) constituencies where there's a (alleged) dispute?'
A 62-year-old polling booth agent of Shiv Sena-Uddhav Balasabeh Thackeray was found dead inside the toilet of a polling booth in Mumbai's Worli area on May 20, said police on Tuesday.
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