After falling 17 per cent since the start of the year to its March lows, the stock of the country's largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries, has clawed back nearly half of those losses. Recent acquisitions, a favourable court ruling in the case of the hair loss drug Leqselvi, an edge over peers owing to its specialty portfolio, and a diversified global presence have supported the recovery.
'If it is not reversed, it will set a dangerous precedent.'
The extensive campaigning tours and related events undertaken by Delhi Chief Minister Arvind Kejriwal indicate that he does not appear to be suffering from any serious or 'life threatening' ailment, a Delhi court has held while denying him interim bail.
The Central Bureau of Investigation (CBI) has sent a judicial request to the United States seeking information from private investigator Michael Hershman, who has claimed to possess crucial details about the Rs 64-crore Bofors bribery scandal of the 1980s. Hershman, the head of the Fairfax Group, had previously expressed his willingness to share information with Indian agencies, alleging that the investigation into the scam was derailed by the then Congress government. The CBI's request comes after previous attempts to obtain information from US authorities yielded no results. This move highlights the continued efforts to uncover the truth behind the decades-old scandal, which has had a significant impact on Indian politics.
The Delhi government's Anti-Corruption Branch (ACB) has registered a case against former PWD minister and senior AAP leader Satyendar Jain over alleged corruption in a Rs 571-crore CCTV project. According to the ACB, Jain allegedly accepted a bribe of Rs 7 crore to waive the liquidated damages penalty of Rs 16 crore imposed on Bharat Electronics Limited (BEL). The project, which was executed when he was a PWD minister in the previous Arvind Kejriwal government, was related to the installation of 1.4 lakh CCTV cameras across all 70 assembly constituencies.
On a day when both the West Bengal government and the Central Bureau of Investigation (CBI) moved the Calcutta high court for admission of their appeals seeking capital punishment for RG Kar hospital rape-murder convict Sanjay Roy, a counsel for the victim's parents claimed that the family does not want death penalty for him.
Shah said Shivaji Maharaj defeated "Mughal shahi" (rule of Mughals).
Twice champion Iga Swiatek walloped Czech Karolina Muchova in straight sets to reach the Indian Wells quarter-finals on Tuesday.
Now AIFF's move to hand the trophy to Churchill Brother, just hours after the CAS order staying the federation's decision to declare the club as champions, could provoke international scrutiny, including from FIFA.
In a fortunate twist of fate, a family from Kerala narrowly escaped the recent terror attack in Pahalgam, Jammu and Kashmir, thanks to a horse-riding accident that delayed their journey.
Zakia Jafri, the wife of former Congress MP Ehsan Jafri who was killed in the 2002 Gujarat riots, died on Saturday in Ahmedabad at the age of 86. Ehsan Jafri was among 69 persons who were killed inside Gulbarg Society, a Muslim neighbourhood in Ahmedabad, on February 28, 2002, a day after coaches of the Sabarmati Express train were burnt in Godhra, resulting in the deaths of 59 'karsevaks' returning from Ayodhya. The incident triggered horrific rioting across the state. Zakia Jafri hit the national headlines as she waged a legal battle all the way to the Supreme Court in a bid to hold top political leaders accountable for the large conspiracy for the riots post the Godhra train burning episode. Her son Tanveer Jafri said that his mother was visiting his sister's house in Ahmedabad when she complained of feeling uneasy. The doctor who was called in declared her dead at around 11:30 am. Social activist Teesta Setalvad, who was co-complainant in Jafri's protest petition in the Supreme Court, posted on X that Zakia Jafri was a compassionate leader of the human rights community.
The Kerala government has moved the Supreme Court claiming that Governor Arif Mohammed Khan was delaying giving his assent to bills passed by the state assembly, which was "defeating the rights of the people".
The governments of Tamil Nadu and Punjab have moved the Supreme Court alleging delay by the state governors in giving assent to bills passed by the respective state assemblies.
The Supreme Court came down heavily on the Centre on Tuesday for failing to take any decision for years on the pension payable to retired regular captains of the Army in accordance with the One Rank One Pension (OROP) scheme and imposed a fine of Rs 2 lakh on it.
The Supreme Court of India expressed concern about the "criminalization of politics" and questioned how convicted individuals can return to Parliament. The court sought the assistance of the attorney general on this issue, highlighting the apparent conflict of interest and the need for clarity on the Representation of People Act's provisions. The court also raised concerns about the slow pace of trials against lawmakers, with a significant number of cases pending. The issue has been referred to a larger bench for consideration.
The Supreme Court of India has asked petitioners in two Public Interest Litigations (PILs) to make representations to the Election Commission of India (ECI) regarding their demand for uploading polling booth-wise voter turnout data on the ECI website. The PILs, filed by TMC MP Mahua Moitra and NGO Association for Democratic Reforms, seek a direction for the ECI to upload the data within 48 hours of the conclusion of polling in Lok Sabha and assembly elections. The ECI, represented by senior advocate Maninder Singh, expressed willingness to deliberate on the matter and suggested a meeting with the petitioners to address their concerns. The court has adjourned the hearing to the week of July 28.
Journalist and author Chitra Subramaniam has demanded that the Central Bureau of Investigation (CBI) make public its findings from the "box of evidence" received from Switzerland regarding the Bofors payoffs. Subramaniam, author of 'Boforsgate: A Journalist's Pursuit of Truth', expressed concerns about the lack of transparency surrounding the evidence, questioning who opened the box, when it was opened, and what it contained. She also raised doubts about the official narrative regarding the alleged bribe in the Bofors case, suggesting the sum of Rs 64 crore may not reflect the full extent of the corruption. Subramaniam also alleged that the CBI planted stories about Hindi film actor Amitabh Bachchan to derail the investigation and launched a political vendetta against the Bachchans. She recalled that Bachchan had come to her home and asked if she had seen his name. The CBI has recently requested assistance from the United States in the case, seeking information from private investigator Michael Hershman, who claims to have crucial details about the scandal. The Bofors scandal, a major bribery case involving the Indian government and the Swedish arms manufacturer Bofors in the 1980s, pertains to allegations of a Rs 64-crore bribe in a Rs 1,437-crore deal for the supply of 400 155mm field Howitzers.
A bench of Justices Manoj Misra and SVN Bhatti made the observation while disposing of Jain's plea against the high court's decision of adjourning the hearing of his bail application for six weeks.
The SC questioned the Delhi government over delay in implementation of stricter anti-pollution measures under GRAP-4, and said it will not allow scaling down of the preventive measures without its prior permission.
Boxing Federation of India (BFI) chief Ajay Singh will be up against secretary general Hemanta Kalita, vice-president Rajesh Bhandari, and Kerala State Amateur Boxing Association secretary D Chandralal when the BFI holds its long-awaited elections on March 28.
The incident took place on Tuesday when Dharamvir Jatav, who hailed from Kalanjari village of Meerut district, beheaded his 50-year-old wife Sundri with a sword, they said.
Vinesh Phogat's appeal against her disqualification from the Olympic finals, this time till August 16, prolonging the Indian wrestler's wait for a resolution.
The Bombay High Court has discontinued its monitoring of the investigation into the 2015 murder of communist leader and rationalist writer Govind Pansare, directing the sessions court to expedite the ongoing trial. The decision comes after a report by the Maharashtra Anti-Terrorism Squad (ATS) indicated that the investigation has been thoroughly conducted, with only the arrest of two absconding accused remaining. The court has ordered daily hearings for the trial, which has already begun and has seen 28 prosecution witnesses examined as of December 16, 2024.
The government has to specify what it intends to do with caste census data. It will be closely tracked if the government would simultaneously move towards removing the present 50% bar on reservations using means which are permitted in law. If this is not done, the entire exercise will become meaningless and could boomerang on the BJP, observes Nilanjan Mukhopadhyay.
Information Technology (IT) major Infosys escalated the legal tussle with Cognizant by filing a countersuit in a US court, accusing the Nasdaq-listed firm and its Chief Executive Officer (CEO) Ravi Kumar of anticompetitive practices by maintaining its monopoly. Infosys has also alleged that Kumar misused sensitive information that slowed the launch of the company's health care platform Helix.
The Supreme Court of India has ruled that foreign nationals facing criminal charges cannot be allowed to leave the country. The court emphasized the need to ensure the presence of foreigners during criminal proceedings and outlined procedures for enforcing this restriction. The ruling clarifies legal provisions related to foreigners' movements in India, particularly during bail applications.
Advocate A P Singh moved an application alleging that the jail authorities are yet to release the documents which are required to file curative petitions for Akshay Kumar Singh, 31, and Pawan Singh, 25.
'It has the potential to sow seeds of furthering discord when the direction of the discourse is aimed at propagating the perceived supremacy of 'cultural nationalism' from a distant past over the prevailing dominance of 'Constitutional nationalism',' argues N Sathiya Moorthy.
The Supreme Court of India has ruled that the offence of abetment of suicide should not be invoked mechanically against individuals, emphasizing that the provision should not be used to soothe the feelings of grieving families. The court stressed that the conduct of the accused and the deceased, their interactions, and conversations preceding the death should be examined practically and not divorced from real-life contexts. The judgment came after a plea challenging an order of the Madhya Pradesh High Court that refused to discharge a man from charges under Section 306 of the Indian Penal Code (IPC) related to a suicide case. The Supreme Court emphasized that to prove abetment of suicide, there must be evidence of active instigation or acts facilitating the suicide. In this case, the court found that the appellant's actions, including seeking repayment of a loan, did not constitute instigation to suicide.
H S Prannoy's first round match against Canada's Brian Yang was suspended midway due to a leaking roof at the Axiata Arena in Kuala Lumpur on Tuesday.
Justice Vishwanathan said he was in "the Common Cause (the NGO which had filed the PIL in coal scam cases). This case was of the ED (Enforcement Directorate), but still...".
Before being elected as secretary general for the 2021-25 term, Kalita had served as the treasurer of the apex boxing body.
"Are you waiting for some muhurat," the Supreme Court remarked on Tuesday as it came down heavily on the Assam government for keeping people declared as foreigners in detention centres indefinitely rather than deporting them.
The Supreme Court raised concerns about a potential stalemate in Tamil Nadu due to the Governor's delay in assenting to bills passed by the state assembly. The court questioned the Governor's actions, noting that he should have communicated his concerns about the bills' constitutionality to the state government. The case focuses on the delicate balance of power between the state government and the Governor, highlighting the importance of open communication and transparency in the legislative process.
The Supreme Court on Thursday refused to transfer the rape and murder trial pertaining to a doctor in Kolkata outside West Bengal.
The Supreme Court of India has granted interim bail to Tahir Hussain, a former councillor accused in the 2020 Delhi riots. Justice Ahsanuddin Amanullah, while granting bail, said the allegations against Hussain were grave but as of now they were just allegations. The bench, however, delivered a split verdict, with Justice Pankaj Mithal opposing the bail. The court also questioned the Delhi Police for the delay in the trial over the murder of Intelligence Bureau staffer Ankit Sharma during the riots.
The Delhi High Court has reserved its order on a plea by jailed MP Rashid Engineer, facing trial in a terror funding case, seeking custody parole to attend the ongoing Parliament session. Engineer, a Baramulla MP, was opposed by the National Investigation Agency (NIA) who argued that he has no vested right to attend Parliament and there were security concerns. The court said though there might not be a vested right to attend the session, it could exercise its discretion. The NIA also argued that Rashid misused the telephone facility in Tihar jail and that allowing him to attend the session would be a security risk.
Simona Halep announced her retirement from professional tennis on Tuesday after losing in the first round at her home event in Cluj.
The court passed the order after the Member of Parliament from Bhopal, a prime accused in the case, sought another exemption from appearance citing health problems.
President-elect Donald Trump won't be facing any jail time or penalties in the hush money case, as he was sentenced to an 'unconditional discharge' by Judge Juan Merchan on Friday, CNN reported.
