Markets regulator Sebi has barred industrialist Anil Ambani, 24 other entities, including former key officials of Reliance Home Finance from the securities market for five years for diversion of funds from the company. Sebi has imposed a penalty of Rs 25 crore on Ambani and restrained him from being associated with the securities market including as a director or Key Managerial Personnel (KMP) in any listed company, or any intermediary registered with the market regulator, for a period of 5 years.
Earlier, former Mumbai police commissioner Param Bir Singh had accused Deshmukh of asking Waze to collect money from bar owners in Mumbai, an allegation which Deshmukh, who later resigned, denied.
The plea is likely to be heard on Wednesday by a vacation bench.
The review petition, filed through Dr Babar Awan and Azhar Siddique, named the Pakistan Peoples Party, Pakistan Muslim League-Nawaz, Supreme Court Bar Association, Sindh High Court Bar Association and the Sindh Bar Council as respondents.
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In view of the Supreme Court's order to the lower court not to proceed with the matter till Friday, it fixed May 23 for the next hearing, Madan Mohan Yadav, the lawyer representing the Hindu side, said.
The Banaras Bar Association and Central Bar Association, Varanasi had decided to boycott work as they were upset over the remarks of a Special Secretary against lawyers because of which the hearing did not take place in the court, according to advocate Abhay Yadav, representing the Muslim side in the case.
The 49-year-old judge was allegedly mowed down by a heavy autorickshaw while he was on morning jog on July 28 morning in Dhanbad.
The locals, who for the last few days have been protesting in the riverine Sandeshkhali area, came out in the streets as they distributed sweets and danced in joy as they celebrated the arrest of Shajahan, who has been absconding for the last 55 days.
The father of the man arrested for allegedly raping a 12-year-old girl in Ujjain on Friday demanded capital punishment for his son, while the local bar association appealed that no lawyer should defend him in the court.
The don was renamed as Prakashanand Giri by the seers who introduced themselves as being associated with the Panch Dashnam Juna Akhara, headquartered in Haridwar and has its ashrams in the Kumaon region.
Reliance Group chairman Anil Ambani is reviewing "appropriate" options after the Securities and Exchange Board of India (Sebi) banned him from the stock markets and imposed a Rs 25-crore fine for alleged fund diversion from Reliance Home Finance (RHFL), a former subsidiary of Reliance Capital. In a statement, a spokesperson for Ambani said he had resigned from the boards of Reliance Infrastructure and Reliance Power pursuant to the Sebi interim order dated February 11, 2022.
Excessive sugar intake has been linked to brain inflammation, which can affect cognitive functions such as memory, learning, and decision-making, warns Pankaj Prakash Sharma, founder, Happa Foods.
In March, the United Kingdom's then sports minister Lucy Frazer called on sporting bodies in the country to reassess their rules on transgender athletes competing in women's sports to ensure fairness.
He said the BAJ had told the media repeatedly that Wednesday's bandh was not on the Kathua rape-and-murder issue as the case is in court now.
Sebi has barred Ravindra Bharti Education Institute, co-founded by finfluencer and YouTuber Ravindra Balu Bharti, from the securities market and directed to deposit Rs 12 crore "unlawful gain" earned from the alleged unregistered investment advisory business. It has been directed to deposit the amount to an interest-bearing escrow account created specifically for the purpose in a nationalised bank. Additionally, the regulator has barred Ravindra Balu Bharti, his wife Shubhangi Ravindra Bharti and directors -- Rahul Ananta Gosavi and Dhanashri Chandrakant Gosavi -- from the securities market.
The IOC has escalated its feud with the International Boxing Association by effectively asking member countries to de-recognize national federations that remain aligned to the suspended body, a directive that the IBA lambasted as "unacceptable gaslighting".
A firing incident was reported in the Tis Hazari court premises in New Delhi on Wednesday, the police said, adding that two groups of lawyers were allegedly involved in opening fire.
The CJI said that he recovered in four days in the first wave but it's taking a long time in the third wave.
'The option to re-open restaurants comes as a big relief to restaurateurs. Although, it is a good development, not all restaurants are geared up to re-open immediately. 'We expect only around 30 per cent of the restaurants to open starting Monday and the rest will re-open gradually through the month,' Hotel and Restaurant Association of Western India (HRAWI) senior vice-president Pradeep Shetty said in a statement.
Bye-laws of resident associations preventing apartment owners or occupiers from keeping pets of their choice at home or accessing elevators and other common facilities are "illegal" and "unenforceable in law", Kerala High Court said on Tuesday.
"Let's work it out. There has to be some parity," the high court said.
According to the chargesheets filed by the crime branch, the abduction, rape and killing of the Bakerwal girl was part of a carefully planned strategy to remove the minority nomadic community from the area.
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Sebi on Tuesday restrained two Brightcom Group officials, M Suresh Kumar Reddy and Narayan Raju, from holding any managerial position in the company or its subsidiaries until further orders. Reddy is the promoter-cum-chairman and MD of Brightcom Group Ltd (BGL) while Raju is the chief financial officer. Besides, the regulator also banned Reddy from the securities market until further orders.
Newly sworn-in Chief Justice of India DY Chandrachud on Monday asked Supreme Court and high court judges to shun "colonial mindset" and the "culture of subordination" while dealing with district court judges, saying the country needs to move towards a "more modern and equal judiciary".
A five-judge bench headed by Chief Justice DY Chandrachud considered the pleas in chambers and dismissed applications for listing of the review petition in open Court.
South Korean carmaker Kia was on Tuesday declared the top mass-market performer in the overall customer experience index (CEI), an annual survey done by the Federation of Automobile Dealers Associations (Fada) to assess and quantify customer experience across 97 parameters related to sales, product, and after-sales quality. Fada conducted this survey in collaboration with consulting firm Frost & Sullivan, with a sample size of 8,685 respondents.
Reacting to Waze's claims, Fadnavis, who heads the Home department, assured to conduct a proper inquiry.
Pune Police on Monday said they will seek a higher court's permission to try as an adult a 17-year-old boy whose car allegedly knocked down and killed two persons in Kalyani Nagar area in Pune.
Whenever tenures of army chiefs were extended in the recent past, prime ministers were subsequently eased out of office by the same army chief, notes Rana Banerji, who headed the Pakistan desk at RA&W.
Amid rising consumer complaints, the Central Consumer Protection Authority (CCPA) on Monday barred hotels and restaurants from levying service charge automatically or by default in food bills and allowed customers to file complaints in case of violation. The CCPA has issued guidelines for preventing unfair trade practices and violation of consumer rights with regard to levying of service charge. "No hotels or restaurants shall add service charge automatically or by default in the bill," CCPA chief commissioner said in the guideline.
The court allowed tips to performers but disallowed showering of currency on them.
Chief Justice of India D Y Chandrachud on Friday termed Justice Ajay Rastogi, who will be demitting office on June 17, a "great ally" who possessed judicial compassion and sensitivity for every cause.
The Delhi high court on Thursday discharged S Gurumurthy, editor of a Chennai-based Tamil news magazine, in a 2018 contempt case for his tweet against a judge after accepting his apology and "deep remorse".
The official said they would complete the probe in a time-bound manner.
The Supreme Court on Monday said it will organise its first 'hackathon' event to identify innovative ideas and explore practical propositions for refining and bringing in efficiency in the existing process from 'filing to listing' of judicial matters.
Fintech firm One97 Communications, owner of Paytm brand, is laying off an undisclosed number of employees and claimed that it is providing outplacement support for their smooth transition, according to a company statement. Paytm's sales employee headcount in March 2024 quarter dropped by about 3,500 to 36,521 personnel on a quarter-on-quarter basis, mainly due the impact of the Reserve Bank of India's ban on services of Paytm Payments Bank.
Images from Day 3 of the second Test between India and New Zealand at the Maharashtra Cricket Association Stadium in Pune on Saturday.
Livid PT Usha declares no confidence bid against her illegal
