Justices A M Khanwilkar, D Y Chandrachud, Ashok Bhushan and L Nageshwar Rao were on Friday sworn in as Supreme Court judges, taking the apex court's strength to 29, including Chief Justice T S Thakur.
Britain's Cairn Energy has secured a French court order to seize 20 Indian govt properties to recover arbitration award, it is learnt.
Rajiv Saxena, an accused in AgustaWestland chopper deal scam, was extradited from Dubai, UAE, to India .
The Delhi high court on Tuesday dismissed a PIL challenging the appointment of Gujarat-cadre IPS officer Rakesh Asthana as city police commissioner.
Fugitive diamond merchant Nirav Modi, wanted in India in connection with the estimated $2-billion Punjab National Bank (PNB) scam case, was on Tuesday further remanded in custody until January 7 by a UK court hearing his extradition case. The 49-year-old businessman, who has been behind bars at Wandsworth Prison in south-west London since his arrest last year following India's extradition request for him, appeared via videolink for a routine 28-day remand hearing on Tuesday before Westminster Magistrates' Court in London. The final hearings in the extradition case are scheduled over two days, on January 7 and 8 next year, when District Judge Samuel Goozee is scheduled to hear closing arguments from both sides before he hands down his judgment a few weeks later.
There are judicial precedents where it has been held that if payment is made for temporary disablement, it would be taxable, points out Tinesh Bhasin.
Michel was extradited in an operation under the guidance of National Security Advisor Ajit Doval, the Central Bureau of Investigation said on Tuesday.
The father of Amir Magray, one of the four persons killed in an encounter in Hyderpora area of Srinagar in November, on Thursday filed a petition in the Jammu and Kashmir High Court seeking the return of his son's body, maintaining his 'innocence' and the family's long contribution in the fight against terrorism.
According to the sources, the woman has joined the duty and proceeded on leave. All her arrears too have been cleared.
Oil-to-telecom conglomerate Reliance Industries (RIL) has emerged as the country's largest wealth creator, adding a staggering Rs 9.6 trillion over the past five years, according to Motilal Oswal's 26th Annual Wealth Creation Study. In doing so, the Mukesh Ambani-led company has beaten its own record of Rs 5.6 trillion generated in 2014-19. The study covered financial year 2015-16 (FY16) to FY21 and ranks the top 100 companies in descending order of absolute wealth created, subject to the company's stock price outperforming the BSE Sensex. The firms were also ranked according to speed (price CAGR during the period).
Debt-ridden firm Reliance Capital on Monday objected to the proposed 33.12 per cent stake sale of Prime Focus Ltd (PFL) by Credit Suisse to PFL's promoter group at Rs 44.15 per share. Anil Ambani's Reliance Group company Reliance Capital in a statement termed the proposed transaction as a blatant abuse of the purported rights by Credit Suisse under certain lending agreements with the RCAP Group. However, Reliance Capital did not share the details of the "blatant abuse of the purported rights".
Other gainers included Nestle India, Asian Paints, Bajaj Finance, NTPC, L&T, Axis Bank and Bajaj Auto. On the other hand, TCS, ONGC, Infosys, HDFC and SBI were among the laggards. NSE Nifty surged 121.65 points or 1.03 per cent to 11,889.40.
Some police encounters that stunned India.
The Supreme Court has taken cognisance of the Lakhimpur Kheri incident in which eight people were killed in violence during a farmers' protest, with a bench headed by Chief Justice of India N V Ramana scheduled to hear the matter on Thursday.
Nirav Modi, wanted in connection with the estimated $2-billion Punjab National Bank (PNB) scam case, was further remanded in custody on Tuesday by a court in London hearing India's extradition request for the diamond merchant. The 49-year-old appeared on Tuesday via videolink from Wandsworth Prison in south-west London, dressed in a maroon sweater and sporting a full beard, for his regular 28-day "call-over hearing" at Westminster Magistrates' Court, where Chief Magistrate Emma Arbuthnot extended his remand for another 28 days until December 29.
Diamantaire Mehul Choksi will "only" return to Dominica to face trial for illegal entry into that country when a doctor "certifies" that he is fit to stand trial, the media there reported citing conditions laid down by the Dominica high court while granting him bail. In a major setback to Indian efforts to bring him from the Caribbean country, Dominica high court Judge Bernie Stephenson allowed the businessman to return to Antigua and Barbuda, where he has been living as a citizen since 2018 after leaving India, to seek medical advice from neurologist Hayden Osborne at the Mount St. John's Medical Centre, Dominica News Online reported. Choksi is having a clot in brain besides other health issues such as diabetes and hypertension, his legal team has submitted.
The judgement penned by Justice Ramana in the Anuradha Bhasin case related to internet ban in Jammu and Kashmir following the abrogation of Article 370 provisions has been hailed by many as one of the progressive verdicts.
A UK judge presiding over the extradition proceedings of Nirav Modi on Tuesday ruled that the evidence submitted by the Indian authorities to establish a prima facie case of fraud and money laundering against the fugitive diamantaire is broadly admissible. District Judge Samuel Goozee heard the arguments for and against the admissibility of certain witness statements provided by the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) at Westminster Magistrates' Court in London and concluded that he considered himself "bound" by the previous UK court rulings in the extradition case of former Kingfisher Airlines chief Vijay Mallya. He then adjourned the case for a two-day hearing on January 7 and 8 next year, when he will hear the final submissions in the case before he hands down his judgment a few weeks later.
When Biocon chairperson Kiran Majumdar-Shaw - well known for raising issues ranging from lack of civic services in Bengaluru to climate change - decided to take on the Indian stock market regulator, the Securities and Exchange Board of India (Sebi), she forced the Indian corporate world and legal community to take notice. In an interview to Business Standard, Majumdar-Shaw called a Sebi order to impose a fine on insider trading charges against a Biocon employee and an external consultant an "Agatha Christie" fiction, which destroyed the reputation of "innocent people". "The order is pure harassment and has caused huge reputational damage to us and goes against the principles of good governance promised by this government," Mazumdar-Shaw said. "We will certainly appeal this," she added.
The PM said that the Supreme Court has conducted the highest number of hearings via video-conferencing in the world during the coronavirus pandemic.
Events to keep an eye out for...
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
"This is the single reason why the country did not have a CDS so far," the former army chief said.
'Under Doval, foreign powers traditionally suspicious of India were wooed.' 'Enemies were embraced.'
The SIM card of the deceased is believed to have helped identify him.
The bill was passed with 165 voting in favour and 7 against it.
The SC said the petitions were a 'serious attempt to scandalise and obstruct the course of justice'.
He said India has also opened its defence industry 'like never before' and sought investments in the sector.
During the hearing in CJI's court No 1, an unfazed Justice Gogoi said the allegations are unbelievable.
The Supreme Court on Friday stayed criminal proceedings against former chairman of Wipro, Azim Premji, and his wife on their plea seeking quashing of the summons issued by a Bengaluru trial court on a "frivolous"and "mischievous" complaint filed by an NGO alleging breach of trust and corruption in merger of three firms with a Premji group firm. A bench of Justices Sanjya Kishan Kaul, Dinesh Maheshwari and Hrishikesh Roy also issued notice to an NGO, Indian Awake for Transparency and others and sought their response. Senior advocates Mukul Rohatgi, A M Singhvi appearing for Premji and others said that the complaint was "mischievous" in nature.
'Imran Khan might actually get some initial leeway from the generals to pursue better ties with India -- but not beyond a point.'
Naga splinter groups impatient with stalled talks as well as rebel Manipuri groups who have a stake in disrupting upcoming elections to the state assembly, are believed to be regrouping in the borderlands of China's Yunnan province and Myanmar, taking advantage of the turmoil in the latter by using it as a transit corridor.
The TRS on Tuesday alleged that the Centre was being 'insensitive' in not bifurcating the high court so far.
Banks are auctioning 2,362 properties in next 30 days. The foremost benefit of purchasing a property in a bank auction is that you could get it at a significant discount to the market rate.
To do so, the government will have to tackle a number of broad development challenges successfully, says Shankar Acharya
The government on Monday issued an advisory for rational use of Remdesivir in COVID-19 treatment, underlining that the anti-viral drug must be advised by senior faculty members directly involved in the patient's care.
Samriddhi Sakunia and Swarna Jha, journalists with HW News Network, were produced before the court of Chief Judicial Magistrate (CJM) of Gomati district Shubhra Nath, who granted them bail on bail bonds of Rs 7,500.
Twenty-four pages of a 39-page dossier prepared by India are devoted to the photographs and Google Maps locations of Naved's residence.
Justice Gogoi's tenure as judge and as CJI was marked by some controversies and personal allegations but that never came in his way of his judicial work that was reflected in the last few days when benches headed by him delivered some path-breaking judgments.
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