The Supreme Court on Monday said that it would hear on July 6 a plea filed by former Tamil Nadu Chief Minister Edappadi K Palaniswami challenging the Madras high court order staying the passing of any unannounced resolutions in the meeting of the All India Anna Dravida Munnetra Kazhagam general and executive councils concerning the issue of single leadership of the party.
A bench headed by Chief Justice NV Ramana also directed that the report of the three-member inquiry panel headed by Justice (retd) BS Chauhan of the apex court be put in the public domain and uploaded on its website.
Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd. The meeting was chaired by Shailesh Haribhakti, FRL said in a regulatory filing. Haribhakti has been appointed by the NCLT to chair the meeting. The result of the voting will be announced in due course, it added.
In a significant development, the Competition Commission of India (CCI) on Friday suspended its more than two-year-old approval for Amazon's deal to acquire stake in Future Coupons Pvt Ltd and also imposed a Rs 202 crore penalty on the e-commerce major for certain contraventions. This comes amid a bitter legal battle between Amazon and Future Group over the latter's proposed Rs 24,713 crore-deal with Reliance Retail Ventures Ltd (RRVL). Against this backdrop, Future Group had complained to the CCI.
Outgoing Chief Justice of India (CJI) N V Ramana on Friday said the appointment of 11 Supreme Court and 224 high court judges, besides recommending the names of more women for judgeship during his tenure as the head of the judiciary, was a reflection of "the coherence and determination" of judges to strengthen the judiciary to further the goal of justice.
The Supreme Court on Thursday said it will list for hearing a public interest litigation challenging the validity of two ordinances under which the tenure of the directors of Central Bureau of Investigation and the Enforcement Directorate can now be extended by up to three years after the mandated term of two years.
The CJI said people are the ultimate lords in democracy and whatever decision has been taken by the dispensation should benefit them.
Uttar Pradesh director general of police HC Awasthy, Sashastra Seema Bal DG Kumar Rajesh Chandra and Special Secretary Home Ministry VSK Kaumudi were short-listed for the post of Central Bureau of Investigation director.
The Supreme Court has agreed to hear on Wednesday a plea related to the economically weaker section quota in NEET-PG admissions, after the Centre sought urgent hearing in the matter.
The Supreme Court Monday said that making allegations against judges is 'unfortunately' becoming a new fashion now and the stronger the judge, the greater the allegations against him.
Isn't she most charming on the Cannes red carpet?
This is yet another large energy deal for Warren Buffett in the western United States.
Dutch brewing major Heineken on Wednesday said it has acquired an additional 14.98 per cent stake in United Breweries Ltd, taking its total shareholding to 61.50 per cent. "Heineken N.V. today (on Wednesday) announces that it has acquired an additional 39,644,346 ordinary shares in United Breweries Ltd (UBL) taking its shareholding in UBL from 46.5 per cent to 61.5 per cent," Heineken said in a statement. UBL, with its flagship brand 'Kingfisher', is the leading player in the beer market in India.
In another first, the venue of the ceremony was shifted to the newly-built auditorium instead of the CJI's courtroom, the traditional place for such a ceremony.
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 CJI said "news mixed with views is a dangerous cocktail".
Backed by China's Tencent and Prosus NV, Swiggy has around 8,000 employees.
'Investors need to understand that these schemes may not do well in the market that is in a bull run, but quality stocks would protect the downside.'
One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay.
Multi-cap funds are best suited to exploit the present market scenario as they are free to invest across all market capitalisations and sectors, says Naveen Kukreja, CEO and co-founder, Paisabazaar.com.
'Investors should allocate about 5% to 10% to such funds.'
India's Border Road Organisation is known for its cheeky signboards. Rediff.com's Reuben NV shares his favourites!
A spinning wheel which former prime minister Lal Bahadur Shastri got as "dowry", Chaudhary Charan Singh's diaries and P V Narasimha Rao's spectacles are among the articles that their families have offered for display at the Pradhan Mantri Sangrahalaya, which was inaugurated by Prime Minister Narendra Modi on Thursday.
Experienced trekker and cyclist, Reuben NV lists out six crucial things you must remember if you are heading out for a trek or picnic this monsoon.
A bench headed by Chief Justice NV Ramana took note of a report filed by the commission which informed it that a decision to lift the ban on certain industries has been taken.
Rediff photographer Reuben NV captures the triumphant mood of the people who had come out in full force to listen to Gujarat Chief Minister Narendra Modi.
Prime Minister Narendra Modi on Friday said India's growth story is being disrupted by forces with a colonial mindset, including in the name of freedom of expression.
The cow, who smashed the previous record of 69.07cm, was bed and bred just like any other cow, but never grew higher than two feet.
In a special series, we will put YOU to the test everyday!
If Putin can have a calendar, why can't our dear Pradhan Sevak have one too?
The judiciary cannot be controlled, directly or indirectly, by the legislature or the executive, or else the rule of law will become illusory, he said.
Here's a new way to read reviews. Enjoy and decide!
Observing that Laxman rekha of separation of power is 'sacrosanct,' Chief Justice of India N V Ramana Friday said at times courts are compelled to intervene in the interest of justice and the intention is to nudge the executive, and not to usurp its role and they should not be projected as judiciary targeting another institution.
As the legend turns 40, we take a look at his journey in cricket and life.
Does Deepika have anything in common with Hrithik? Or Aishwarya with Ranveer?
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