Karnataka Agriculture Minister B C Patil on Tuesday courted controversy after taking COVID-19 vaccine at his home instead of going to designated hospital, drawing criticism from Health Minister K Sudhakar and others.
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.
Future Retail on Saturday said it has missed the due date for payment of Rs 3,494.56 crore to banks and lenders as it could not sell assets due to its ongoing litigation with amazon, impacting its monetisation plans. Future Retail had last year entered into a one-time restructuring (OTR) scheme for COVID-19 hit companies with a consortium of banks and lenders and was to discharge "an aggregate amount of Rs 3,494.56 crore" on or before December 31, 2021. Kishore Biyani-led Future group firm would be "co-operating for completing the monetisation of the specified business within next 30 days" as per directions of the banks to resolve the current situation, said a regulatory filing by Future Retail.
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.
Despite finance minister's assurance, tax officials seem reluctant to take steps for tackling issues at stake
The decision to prohibit people, who were yet to receive both doses of COVID-19 vaccine, from using public transport in the state had been taken to ensure those unvaccinated do not endanger the lives of others, it said.
"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.
A day after she was stopped from flying abroad, the Enforcement Directorate (ED) summoned actor Jacqueline Fernandez to appear before it for questioning in a money laundering investigation against alleged conman Sukesh Chandrashekhar and others, officials said on Monday.
"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.
The three options are - a one-time settlement, restructuring of loans and of course go to IBC.
Risk is difficult to evaluate, warns Harsh Roongta.
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.
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.
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.
Linking all accounts is a difficult and costly task for brokers
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.
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.
As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.
According to the govt, Greenpeace activist Priya Pillai cannot be allowed to travel to London as she would indulge in anti-national activities.
A special Indian team is camping in Manitoba to assist ongoing investigations by Canadian agencies and to render any consular services for the victims.
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.
Tourists are dismayed by the new rules, asserting that it would affect tourism.
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.
In its 17-page Status Report, the COA has sought directives from the apex court on three issues.
The former liquor baron owes several banks a total of as much as Rs 9,000 crore
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.
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.
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.
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.
'Allocate some parts of one's surplus income towards cryptocurrencies, considering the immense growth potential of this emerging asset class.'
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.
Indian bankers are fearful that going out of their way to save Jet could lead to subsequent harassment from investigative agencies.
Pushing people to litigation is a major source of tax uncertainty.
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.
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.
The Bombay high court on Monday stayed the controversial ban on sale of meat in Mumbai on September 17, but refused to interfere with the bar on animal slaughter on that day.
The Maharashtra government has asked it to rule out any ambiguity during invocation of sedition charge and not to invoke it against those trying to bring change through legal means.
The court decided the bail petition on three grounds -- flight risk, tampering with evidence and influencing witnesses.
Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
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.
