A Chennai-based man has demanded a compensation of Rs 5 crore from the SII after his health worsened allegedly after volunteering for the clinical trials for a COVID-19 vaccine.
A British court on Monday granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the State Bank of India (SBI) to pursue a worldwide freezing order to seek repayment of debt owed by the now-defunct Kingfisher Airlines. "As at 15.42 [UK time], I shall adjudicate Dr Mallya bankrupt," Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs said in his ruling during a virtual hearing of the Chancery Division of the high court. "I have to decide if there is a real prospect of payment of petition debt in full within a reasonable period of time... there is insufficient evidence that [Mallya's asset realisations in India] will pay the debt in full within a reasonable period of time," Judge Briggs noted, in reference to defence arguments pointing to a restoration process in India following a Prevention of Money Laundering Act (PMLA) court order for the attachment of Mallya's assets.
This is not the first time Sania has been dragged into a controversy related to the Pakistan team.
Zee Entertainment last week witnessed shareholder activism that saw an open call for the ouster of promoters and the incumbent management led by Punit Goenka. Besides, Dish TV also faced a similar call earlier this month. The trouble at Zee Entertainment can be gauged from the fact that this is a unique company wherein the promoters own just 3.99 per cent, but fully control the firm.
Ludo, Indu K Jawani, Chehre...Coming Attractions streaming near you.
The two parties did not share the deal size but said MavenHive's two founders and 40-odd team members have joined the Bansal-owned firm. MavenHive was started by Bhavin Javia and Anandha Krishnan in 2012.
The board of ATK Mohun Bagan on Friday decided to retain the iconic green and maroon jersey which has been synonymous with the 131-year-old legacy of the football club. The name of the club will be changed to ATK Mohun Bagan, while the logo will have the iconic Mohun Bagan boat with addition of ATK to it.
The Supreme Court on Monday slammed the Board of Control for Cricket in India over the spot-fixing scandal in the sixth edition of the Indian Premier League and also questioned the return of Narayanswami Srinivasan as its president.
Some movies of 2021 excelled in content but yet, they did not do well.
"When I sought answers from the principal, she asked me to stay put, claiming that it is for our own good. When I insisted, I was yelled at."
Kimi Raikkonen has plenty of supporters among the passionate Ferrari 'tifosi' as the team's first champion of the post-Schumacher era, and last to date, and his return would a break with Ferrari tradition as much as a blast from the past.
Over 26 people have lost their lives country in the aftermath of the 7.9 magnitude earthquake in Nepal.
N Srinivasan's defiant bid for an extended term as president of the Board of Control for Cricket in India has hit a massive roadblock after the Supreme Court ruled that he cannot take charge even if he is elected at Sunday's Annual General Meeting.
Union Home Minister Amit Shah spoke to the chief ministers of Assam and Mizoram, Himanta Biswa Sarma and Zoramthanga respectively, and urged them to ensure peace along the disputed border and find an amicable settlement.
Mercedes team mates Nico Rosberg and Lewis Hamilton renew their sometimes hostile rivalry on the floodlit streets of Singapore this weekend at a circuit where mistakes or collisions normally result in race retirement.
WNBA Commissioner Cathy Engelbert has pushed back on suggestions that the pandemic would set the sport back.
Sukanya Verma offers a glimpse of Bollywood's foodie folks.
N Srinivasan refuses to confirm whether he is back in office as president of the Board of Control for Cricket in India.
Ferrari had every hope of winning their home Italian Grand Prix for the first time since 2010 on Sunday and they blew it.
A consortium of Indian banks led by the State Bank of India (SBI) on Tuesday moved a step closer in their attempt to recover debt from loans paid out to Vijay Mallya's now-defunct Kingfisher Airlines after the high court in London upheld an application to amend their bankruptcy petition, in favour of waiving their security over the embattled businessman's assets in India. Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs handed down his judgment in favour of the banks to declare there is no public policy that prevents a waiver of security rights, as argued by Mallya's lawyers. At a virtual hearing, July 26 was set as the date for final arguments for and against granting a bankruptcy order against the 65-year-old Mallya after the banks accused him of trying to "kick matters into the long grass" and called on the "bankruptcy petition to be brought to its inevitable end".
The SIT team also inspected the bedroom of the BJP leader at the ashram but since it was very late they sealed the room.
Round-up of football matches played around Europe on Saturday.
Lewis Hamilton will be aiming for a big win in Texas this weekend, even if the Formula One starting grid is the smallest he has ever known it with the absence of backmarker teams Marussia and Caterham.
Brazilian Felipe Massa announced on Tuesday he is leaving Ferrari at the end of the season, opening the door for Kimi Raikkonen to return to the Formula One team that took him to the title in 2007.
Niki Lauda expects departing Mercedes team principal Ross Brawn to return to Formula One in some capacity once he has gone fishing and taken time out.
A First Information Report was registered at Jyotinagar police station, in Jaipur, on Friday, to investigate allegations of match-fixing by Board of Control for Cricket in India president and Managing Director of India Cements Ltd N Srinivasan, and his son-in-law, Chennai Super Kings team principal Gurunath Meiyappan, for conspiring and executing the fixing of an Indian Premier League match on May 12, between Chennai Super Kings and Rajasthan Royals at the Sawai Man Singh stadium in Jaipur.
Michel may prove to be the missing link in the money trail in the alleged multi-crore scam being probed by the CBI.
The Mercedes driver, who fought back from last to second after being sent spinning at the third corner by Ferrari's Finn, had spoken immediately after the race of the Italian team's 'interesting tactics'.
Why settle for $400-500 million when you can make a billion or even more? That, in a nutshell, is why Krishna Kumar, 43, and Kashyap Dalal, 40, co-founders of Bengaluru-based edtech firm Simplilearn, one of the big players in the segment, sold a 51 per cent stake to Blackstone instead of selling 100 per cent as close competitor and rival Great Learning chose to do.
Narayanaswami Srinivasan was on Monday cleared of match-fixing and scuttling the probe into it that followed the sixth edition of the Indian Premier League, but the findings of the Justice Mudgal Committee have left Chennai Super Kings and Rajasthan Royals exposed, as their respective officials, Gurunath Meiyappan and Raj Kundra, were indicted of illegal betting.
With the changes in the workplace, in-demand skills, flexibility and being tech-savvy will help you save your job.
Still, the earliest India will get to experience Apple online will be early 2020 and the company's first fully-owned signature store should be up around 2022 -- almost two decades after it had opened its first store worldwide, writes Nivedita Mookerji.
After a marathon discussion lasting nine hours, the motion was defeated with 87 members opposing it and 40 supporting in the 140-member house with two vacancies.
Can you guess even one of them?
Germany's Nico Rosberg won a dramatic British Grand Prix for Mercedes on Sunday after one of several explosive tyre failures scuppered team mate Lewis Hamilton's hopes of home victory.
Doubts about Force India being able to race at Spa, the first Grand Prix since the August break, emerged on Wednesday with reports of legal complications.
Force India collected one of Formula One's stranger sanctions on Sunday when they were given a suspended 25,000-euro ($27,317.50) fine for a breach of the rules concerning driver numbers on their cars.
An advocate and an environmental activist on Monday moved the Bombay high court seeking transit anticipatory bail after they were named as suspects in a case filed by the Delhi police with regard to the 'toolkit' shared by climate activist Greta Thunberg over the farmers' protest.
Gita Ramjee has become the first Indian-origin South African to have died after contracting the novel coronavirus. Ramjee, a stellar vaccine scientist and an HIV prevention research leader, had returned from London a week ago but reportedly showed no symptoms of COVID-19.
