BUSINESS NEWS & PRESS RELEASE 

Sensex rallies 458 pts to end above 50K for first time; Nifty tops 14,750

 Extending its Budget bull run for the third day, the Sensex rallied 458 points to end above the 50,000 mark for the first time ever on Wednesday, led by broad-based gains amid positive cues from global markets. After touching a record intra-day high of 50,526.39, the 30-share index ended at 50,255.75, up 458.03 points or 0.92 per cent. Similarly, the broader NSE Nifty surged 142.10 points or 0.97 per cent to its fresh closing record of 14,789.95. It touched an all-time high of 14,868.85 during the day. IndusInd Bank was…

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LEGAL NEWS NEWS & PRESS RELEASE 

Beant Singh assassination case: SC asks Centre to decide by Jan 26 Rajoana’s plea to commute death penalty

The Supreme Court Friday asked the Centre to take a decision before January 26 on Balwant S Rajoana’s plea seeking commutation of death penalty in former Punjab Chief Minister Beant Singh’s assassination case. A bench headed by Chief Justice S A Bobde said that the decision be taken before the Republic Day which is a “good date”. “We will give two-three weeks. You should complete the process before January 26. January 26 is a good day. It will be appropriate if you take a decision before that,” the bench said.…

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LEGAL NEWS NEWS & PRESS RELEASE 

SC issues show-cause notices to Kamra, Taneja in contempt cases

The Supreme Court issued show-cause notices to comedian Kunal Kamra and comic artist Rachita Taneja on Friday for their alleged scandalous tweets against the apex court. A bench of Justices Ashok Bhushan, R S Reddy and M R Shah sought response from the two in six weeks on the notices issued in two separate cases. It, however, exempted them from personal appearances in the cases. The top court had reserved its order on Thursday on a batch of pleas seeking initiation of contempt proceedings against Kamra and Taneja. Attorney General…

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LEGAL NEWS NEWS & PRESS RELEASE 

Stubble burning: SC keeps in abeyance its Oct 16 order appointing Justice M B Lokur panel

The Supreme Court Monday kept in abeyance its October 16 order appointing one-man panel of retired apex court judge Justice Madan B Lokur to monitor the steps taken by neighbouring states to prevent stubble burning, which is a major cause of pollution in the Delhi-national capital region (NCR). A bench headed by Chief Justice S A Bobde passed the order while considering the Centre’s stand that it is coming out with a comprehensive legislation to deal with air pollution, including the aspect of stubble burning. “The only issue is people…

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ENTERTAINMENT NEWS & PRESS RELEASE 

Pandit Jasraj cremated with state honours

Indian classical vocalist Pandit Jasraj was on Thursday cremated with state honours in the presence of his family members and close friends. The 90-year-old music doyen, who belonged to the Mewati Gharana, passed away on Monday following a cardiac arrest at his home in New Jersey, America. He was in the US when the coronavirus-forced lockdown was announced and had decided to stay back in the country. Pandit Jasraj’s son, Shaarang Dev Pandit, performed the last rites, which were followed by a 21-gun salute at Vile Parle’s Pawan Hans Crematorium.…

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LEGAL NEWS NEWS & PRESS RELEASE 

SC asks DOT to apprise how it will recover AGR dues from Telecos facing insolvency

The Supreme Court on Monday asked Department of Telecom (DoT) to apprise it as how it plans to recover Adjusted Gross Revenue (AGR) related dues from telecom companies facing insolvency proceedings and whether spectrum given to these companies can be sold. The DoT told the top court that their stand is that the spectrum cannot be sold by the telecom companies facing insolvency proceedings as it is not their property. A bench of Justices Arun Mishra, S Abdul Nazeer and M R Shah asked Solicitor General Tushar Mehta, appearing for…

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LEGAL NEWS NEWS & PRESS RELEASE 

Top Court Junks Plea Against Middle-Seat Occupancy In Air India Flights

The Supreme Court on Wednesday refused to entertain a pilot’s plea seeking modification of its order which allowed Air India to fill the middle seats while operating its non-scheduled flights to bring back Indians stranded abroad up to June 6. An intervention application was filed by Deven Kanani, seeking modification of May 25 order on the ground that there has been spike in number of Covid-19 cases, and even if a single flight (international /domestic) operates with full occupancy then many other passengers and crew are likely to get infected. …

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LEGAL NEWS NEWS & PRESS RELEASE 

Shaheen Bagh protests: Police has power to control traffic in such areas, says HC

The Delhi High Court Tuesday said the police has the power to control traffic wherever protests are going on and directed it to look into a plea against restrictions on Kalindi Kunj-Shaheen Bagh stretch which has been closed for a month due to agitations against the Citizenship (Amendment) Act.A bench of Chief Justice D N Patel and Justice C Hari Shankar said however that no direction can be issued by the court on how to handle an agitation or the place of protest and the traffic as it depends on…

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LEGAL NEWS NEWS & PRESS RELEASE 

Chopper scam: Delhi court allows ED to interrogate Ratul Puri in Tihar

A Delhi court has allowed the Enforcement Directorate to interrogate Madhya Pradesh Chief Minister Kamal Nath’s nephew Ratul Puri in Tihar jail where he is lodged in connection with the VVIP chopper scam case. Special judge Arvind Kumar allowed the agency to visit Tihar jail on October 22 and 23 to interrogate Puri and confront him with some documents as some facts have come up during investigation into the scam-related money laundering case.The court passed the order after the agency submitted that “during investigation certain aspects of the case have…

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NEWS & PRESS RELEASE WORLD NEWS 

EU leaders turn focus to, climate budget issues

After agreeing on terms for a new Brexit deal, European Union leaders are meeting again on Friday to discuss other thorny issues, including the bloc’s budget and climate change.No decision is expected on the next long-term budget for 2021-2027, though, a topic more divisive than Brexit.Leaders need to find a compromise that satisfies countries in favour of minimal spending, those arguing that it must at least be maintained at the current level and others fighting for increased contributions from members states to compensate for Britain’s planned departure.The Finnish presidency of…

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