News for 'Court Circular'

Day after bomb threat via email, SC curbs visitors' entry

Day after bomb threat via email, SC curbs visitors' entry

Rediff.com18 Aug 2015

In the wake of heightened threat perception, the Supreme Court has curtailed the entry of visitors including law interns in the high security complex and requested advocates to be extra-cautious of any suspicious activity within its premises.

CBI grills Karti for 8 hrs; to be questioned again next week

CBI grills Karti for 8 hrs; to be questioned again next week

Rediff.com24 Aug 2017

Over 100 questions on various aspects of the case were drafted by investigators which were put to 45-year-old Karti.

Why I don't advise clients on cryptos

Why I don't advise clients on cryptos

Rediff.com17 Nov 2021

Risk is difficult to evaluate, warns Harsh Roongta.

HC issues notice to Centre on 'offloading' of Greenpeace activist

HC issues notice to Centre on 'offloading' of Greenpeace activist

Rediff.com28 Jan 2015

The Delhi High Court on Wednesday sought response of the Centre on the plea of Greenpeace activist Priya Pillai against her "offloading" from a flight to London at the Delhi airport.

If Army can't move weapons to China border, how will it fight war: Centre to SC

If Army can't move weapons to China border, how will it fight war: Centre to SC

Rediff.com11 Nov 2021

The Centre on Thursday told the Supreme Court that if the Army cannot move its missile launchers, heavy machinery up to the northern Indo-China border, then how will it defend it and fight a war, if it breaks out.

SC asks govt to ensure salaries paid to medics on time

SC asks govt to ensure salaries paid to medics on time

Rediff.com31 Jul 2020

"If the states are not complying with the directions and orders of the Central government, you are not helpless. You have to ensure that your order is implemented. "You have got the power under the Disaster Management Act. You can take steps also," the bench told Solicitor General Tushar Mehta, appearing for the Centre.

No EWS quota for PG medical in Maharashtra for 2019

No EWS quota for PG medical in Maharashtra for 2019

Rediff.com30 May 2019

The bench noted that admission process for PG medical courses started in November 2018 while the 103 Constitutional amendment granting 10 per cent EWS quota was passed in January this year.

Karnataka HC curbs Justice Dinakaran's powers

Karnataka HC curbs Justice Dinakaran's powers

Rediff.com27 Mar 2010

The Karnataka high court has struck down three circulars issued by its Chief Justice P D Dinakaran against whom allegations of land grabbing have been raised.

Decision in 2-3 days on interest during loan moratorium: Govt to SC

Decision in 2-3 days on interest during loan moratorium: Govt to SC

Rediff.com28 Sep 2020

The Centre informed the Supreme Court on Monday that a decision is likely in 2-3 days over charging of interest by banks on instalments which were deferred during the moratorium period in view of the Covid-19 pandemic.

Adani group to be India's 2nd-largest cement manufacturer

Adani group to be India's 2nd-largest cement manufacturer

Rediff.com16 May 2022

Billionaire Gautam Adani on Sunday won the race to acquire Swiss cement major Holcim's stake in Ambuja Cements and its subsidiary ACC for $10.5 bn (around Rs 81,361 crore), including the open offers. The Adani family, through an offshore special-purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Holcim Ltd's entire stake in two of India's leading cement companies -- Ambuja Cements and ACC -- the Adani group said in a statement. The group outbid Ultratech and JSW group to enter the cement industry and also emerge as the country's second-largest cement manufacturer, with 70 million tonnes of capacity annually.

Tax terrorism can be reduced if FM is serious

Tax terrorism can be reduced if FM is serious

Rediff.com1 Jun 2015

Despite finance minister's assurance, tax officials seem reluctant to take steps for tackling issues at stake

Indians frozen to death in Canada identified

Indians frozen to death in Canada identified

Rediff.com28 Jan 2022

A special Indian team is camping in Manitoba to assist ongoing investigations by Canadian agencies and to render any consular services for the victims.

Govt withdraws order to firms to pay full wages during lockdown

Govt withdraws order to firms to pay full wages during lockdown

Rediff.com18 May 2020

The government has withdrawn its order directing companies and commercial units to pay full wages to workers even when they are not in operation during the COVID-19-induced nationwide lockdown, which began on March 25. The government's move is expected to bring relief to a large number of industries and companies which were unable to pay full wages to their employees.

Banks now have 3 options to tackle loan defaulters

Banks now have 3 options to tackle loan defaulters

Rediff.com4 Apr 2019

The three options are - a one-time settlement, restructuring of loans and of course go to IBC.

Bombay HC refuses to hear co-op banks' plea against note ban

Bombay HC refuses to hear co-op banks' plea against note ban

Rediff.com24 Nov 2016

"You (banks) can go get clarification from the apex court. If SC says there is no stay, then we will hear this matter. But till then it would not be proper for us to hear the petitions or grant any relief as the apex court is already seized of the issue," Justice Oka said.

Will Govt BAN Cryptos?

Will Govt BAN Cryptos?

Rediff.com14 Jul 2021

As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.

Crypto industry asks govt to not rush with ban, take 'nuanced approach'

Crypto industry asks govt to not rush with ban, take 'nuanced approach'

Rediff.com24 Nov 2021

The cryptocurrency industry on Wednesday urged the government to take a nuanced approach towards regulating crypto assets in India and asked investors in the country to remain calm and not arrive at a rushed conclusion, a day after the government listed for introduction a Bill to ban all such cryptocurrencies, with some exceptions.

Right to Privacy: Is Aadhaar linkage must for stock trading?

Right to Privacy: Is Aadhaar linkage must for stock trading?

Rediff.com25 Aug 2017

Linking all accounts is a difficult and costly task for brokers

Franklin Templeton tries to soothe frayed nerves of investors

Franklin Templeton tries to soothe frayed nerves of investors

Rediff.com10 Jun 2021

Allaying investors' fears, Franklin Templeton AMC has said Sebi's order prohibiting the company from launching new debt funds will have no bearing on existing schemes managed by it. Sebi on Monday barred Franklin Templeton Asset Management (India) from launching any new debt scheme for two years and imposed a penalty of Rs 5 crore for violating regulatory norms in the case of winding up of six debt schemes in 2020. Also, it has been asked to refund investment management and advisory fees of over Rs 512 crore (including interest) collected with respect to the six debt schemes. This amount will be used to repay unitholders, as per Sebi order.

Cryptocurrencies: 'Invest for long-term'

Cryptocurrencies: 'Invest for long-term'

Rediff.com3 Jun 2021

'Allocate some parts of one's surplus income towards cryptocurrencies, considering the immense growth potential of this emerging asset class.'

R-Day violence: Dutch national, man who assaulted cop with spear held

R-Day violence: Dutch national, man who assaulted cop with spear held

Rediff.com10 Mar 2021

Two persons, including a 21-year-old man who assaulted a policeman on duty at Red Fort with a spear on January 26, has been arrested in connection with the violence at the historic monument, police said on Wednesday.

Loan moratorium extended till September 28

Loan moratorium extended till September 28

Rediff.com10 Sep 2020

The top court granted two weeks to the Centre and RBI to file the affidavit and place before it the decisions taken in this regard.

RBI rejects BoB's plan to send Anil Ambani firms to NCLT

RBI rejects BoB's plan to send Anil Ambani firms to NCLT

Rediff.com31 Aug 2020

The RBI rejection is a second blow to BoB - the lead bank of both companies -- after a Delhi high court order on August 18 stayed a move by BoB and the entire consortium of lenders to classify these accounts as fraud, restraining them from taking any other coercive action till the next hearing.

Now, pay fine if you spend more than 3 hours at Taj

Now, pay fine if you spend more than 3 hours at Taj

Rediff.com12 Jun 2019

Tourists are dismayed by the new rules, asserting that it would affect tourism.

UGC retracts, won't impose Hindi on universities

UGC retracts, won't impose Hindi on universities

Rediff.com18 Sep 2014

Under attack from Tamil Nadu Chief Minister Jayalalithaa and political parties in the state, the University Grants Commission has decided to withdraw its controversial circular directing universities to teach Hindi as one of the primary languages in undergraduate courses.

States should pay salaries to doctors: SC

States should pay salaries to doctors: SC

Rediff.com17 Jun 2020

The top court asked the Centre to file a compliance report within four weeks on payment of salaries and quarantine facilities to doctors and healthcare workers and warned that non-compliance would be viewed seriously.

Sebi at odds with R-Power over energy arm merger

Sebi at odds with R-Power over energy arm merger

Rediff.com12 Oct 2013

Reliance Power is at odds with the Securities and Exchange Board of India (Sebi) over the restructuring process involving its fully-owned subsidiary, Reliance Clean Power.

Greenpeace activist would do anti-national activities: Govt tells HC

Greenpeace activist would do anti-national activities: Govt tells HC

Rediff.com6 Feb 2015

According to the govt, Greenpeace activist Priya Pillai cannot be allowed to travel to London as she would indulge in anti-national activities.

Please appoint administrator for Maharashtra CA: CoA appeals to SC

Please appoint administrator for Maharashtra CA: CoA appeals to SC

Rediff.com30 Apr 2018

In its 17-page Status Report, the COA has sought directives from the apex court on three issues.

Revealed: Why Urjit Patel quit as RBI governor

Revealed: Why Urjit Patel quit as RBI governor

Rediff.com25 Jul 2020

Patel, who headed the RBI from September 2016 till his sudden resignation in December 2018, says in his book thta the government seemed to lose enthusiasm for the new bankruptcy law in the middle of the year he left the central bank. Though Patel does not name anybody in the book, the mid-2018 period he refers to is the time when Piyush Goyal held temporary charge of the finance ministry between May and August.

Bankers weigh all options to save Jet

Bankers weigh all options to save Jet

Rediff.com3 May 2019

Indian bankers are fearful that going out of their way to save Jet could lead to subsequent harassment from investigative agencies.

CBI moves extradition request for Vijay Mallya

CBI moves extradition request for Vijay Mallya

Rediff.com21 Nov 2016

The former liquor baron owes several banks a total of as much as Rs 9,000 crore

Is Nirav Modi a Suicide Risk?

Is Nirav Modi a Suicide Risk?

Rediff.com19 Apr 2021

The British home secretary has granted permission for jeweller Nirav Modi's extradition to India. During their arguments in a London court, his lawyers claimed Modi suffers from mental illness and is a suicide risk if he was sent to Mumbai's Arthur Road jail. A fascinating excerpt from Danish Khan and Ruhi Khan's Escaped: True Stories Of Indian Fugitives In London.

Taxman to go after hospitals fleecing Covid patients

Taxman to go after hospitals fleecing Covid patients

Rediff.com19 May 2021

The finance ministry has asked the tax department to impose hefty penalties on those hospitals found with unaccounted cash, and such entities could be booked under anti-money laundering laws and prosecuted, reports Shrimi Choudhary.

Chidambaram denied bail, HC says may influence witnesses

Chidambaram denied bail, HC says may influence witnesses

Rediff.com30 Sep 2019

The court decided the bail petition on three grounds -- flight risk, tampering with evidence and influencing witnesses.

Disabled excluded from welfare schemes from time immemorial: HC

Disabled excluded from welfare schemes from time immemorial: HC

Rediff.com22 Jul 2020

"Fact that persons with disabilities get marginalised from every scheme does not require a debate," the court said.

Naresh Goyal withdraws plea to visit abroad

Naresh Goyal withdraws plea to visit abroad

Rediff.com23 Aug 2019

Earlier when Goyal had moved court seeking permission to go abroad, the judge had observed that if he wanted to go abroad, he should first deposit Rs 18,000 crore as guarantee that his company owes to lenders.

India Inc heaves sigh of relief over 30-day grace for loan default

India Inc heaves sigh of relief over 30-day grace for loan default

Rediff.com8 Jun 2019

Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.

Ex-Fortis promoter Shivinder Singh gets bail in money laundering case

Ex-Fortis promoter Shivinder Singh gets bail in money laundering case

Rediff.com23 Jul 2020

The high court imposed various bail conditions on him, including that he shall not tamper with the evidence or influence witnesses, directly or indirectly.

Ex-MD of PNB was aware of Nirav fraud: CBI

Ex-MD of PNB was aware of Nirav fraud: CBI

Rediff.com21 May 2018

The 12,000-page charge sheet further claimed that a similar fraud was detected in 2016 following which the RBI took up the issue and issued circulars to all banks.