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Ensure Tribunal For Money Laundering Cases Is Functional By September 14: High Court To Centre

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Appellate Tribunal of Prevention of Money Laundering: The tribunal is mandated to consist of a Chairman, who has to be a retired judge of this court or high court and four members, who can be from the fields of law, finance and management. The Delhi High Court on Thursday said it expects the Centre to ensure that the Appellate Tribunal of Prevention of Money Laundering Act (ATPMLA) in the national capital is made functional by September 14. The court said numerous petitions are being filed before it every day assailing…

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BUSINESS NEWS CATEGORIES 

Airports Authority Revenue Saw 70% Fall Between June Quarters Of 2019-20 And 2021-22

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According to Ministry of Civil Aviation, even footfalls across 97 Indian airports between January 2021 and July 2021 saw a decline of 40 per cent. Hit by the Coronavirus pandemic, which led to the closure of airports across the country after March 2020, with flights available only for major cities during the better part of last year, the Airports Authority of India (AAI) reported a significant 70 per cent fall in its revenue from Rs 2,976.17 crore during April-June 2019 to only Rs 889 crore during April-June 2021. According to Ministry of Civil Aviation…

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NATIONAL NEWS NEWS CATEGORIES 

Delhi University Signs Agreement With University Of Ladakh

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The MoU was signed by Professor P C Joshi, Acting Vice Chancellor, Delhi University and C Phunsog, Vice Chancellor, University of Ladakh.The Delhi University on Thursday signed an MoU with the University of Ladakh to encourage scientific and academic collaboration between the two varsities, a statement said. The MoU was signed by Professor P C Joshi, Acting Vice Chancellor, Delhi University and C Phunsog, Vice Chancellor, University of Ladakh, it said. While the Delhi University (DU) is in its year of centenary, the University of Ladakh (UOL) is one of the youngest…

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NEWS CATEGORIES SPORTS 

Tokyo Olympics: Indian Men’s Hockey Team Wins Bronze; Wrestler Ravi Dahiya Wins Debut Silver

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Tokyo Olympics: The Indian men’s hockey team clinched a historic bronze medal even as wrestler Ravi Dahiya returned silver in men’s freestyle 57kg but Vinesh Phogat bowed out at the Games on Thursday. India’s newest wrestling star Ravi Dahiya picked up an impressive silver on his Olympic debut but the country was left emotionally stirred by its lionhearted men’s hockey team players who secured a bronze that washed away four decades of pain and disappointment that the sport and its followers have endured. Thirteen years after failing to even qualify for the Games, an…

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NATIONAL NEWS NEWS CATEGORIES 

In 3 Days, 6 Bridges Wash Away In Rain-Hit Madhya Pradesh, Probe Ordered

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A government report accessed by DIN says that four of the six bridges that got washed away were built in the past 12 years at a cost of 33.55 crores. The washing away of six bridges in three days in rain-hit Gwalior-Chambal region of Madhya Pradesh has raised quetions over the built quality of the structures developed by the state over the past decades. A government report accessed by NDTV says that four of the six bridges that got washed away were built in the past 12 years at a…

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NEWS CATEGORIES SPORTS 

Hockey: So near yet so far for Indian men, lose 2-5 to Belgium to be out of Olympic final race

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 The Indian men’s hockey team’s dream of an Olympic gold after 41 years remained unfulfilled as it lost 2-5 to world champions Belgium in the last-four stage but the side is still in the hunt for a bronze in the Tokyo Games here on Tuesday. Alexander Hendrickx (19th, 49th, 53rd minutes), the tournament’s highest goal getter, scored a hat-trick while Loick Luypaert (2nd minute) and John-John Dohmen (60th) also struck to hand the reigning silver-medallists their second successive entry into the final of the Olympics. India’s goals came from the…

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ENTERTAINMENT NEWS CATEGORIES 

‘Lord of the Rings’ Amazon series to premiere in September 2022

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The much-anticipated “The Lord of the Rings” series will premiere on Amazon Prime Video on September 2 next year, with new episodes dropping weekly, the streaming platform announced on Tuesday. The epic drama will be based on author J R R Tolkien’s fabled Second Age of Middle-earth’s history. Details about the plot are under the wraps but story takes place thousands of years prior to the events of both “The Lord of the Rings” and “The Hobbit” books. The journey begins September 2, 2022 with the premiere of our original…

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LEGAL NEWS NEWS CATEGORIES 

Over 20,000 litres of spirit stolen from TSCL: HC rejects bail plea of arrested accused

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The Kerala High Court has rejected the plea for regular bail sought by one of the arrested accused in the case related to stealing of 20,386 litres of spirit during its transport from Madhya Pradesh to Travancore Sugars and Chemicals Ltd (TSCL) here, saying allegations against him were very serious. The High Court denied the relief sought by the accused, saying in view of the serious nature of the allegations against him it was “not convinced” that he can be released on bail presently when the investigation was “still at…

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BUSINESS NEWS CATEGORIES 

Edtech start-up Skill-Lync raises USD 17.5 million in series A financing

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Engineering focused edtech start-up Skill-Lync has raisedUSD 17.5 million in Series A round, led by Iron Pillar,a venture growth investor backing globaltechcompaniesbuilt from India. Existing investorsY Combinator and Better Capital also participated in thisfunding round, it said in a statement. In addition,Binny Bansal (Co-founder of Flipkart),Sai Krishnamurthy (ex-Flipkart;Co-founder of Xto10X)and Rashmi Kwatra (Founder of Sixteenth Street Capital) joined as new investors. Skill-Lync said it provides”job leading industry- relevant”coursesin themechanical, electrical,civiland computer science engineering domains forstudents in India and other parts of the world. “Interdisciplinary and job-orientedcoursesin topicssuch as Electric Vehicle…

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NEWS CATEGORIES WORLD NEWS 

Bipartisan bill leaves out key climate, clean energy steps

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The USD1 trillion bipartisan infrastructure package unveiled by the Senate includes more than USD150 billion to boost clean energy and promote climate resilience by making schools, ports and other structures better able to withstand extreme weather events such as storms and wildfires. But the bill, headed for a Senate vote this week, falls far short of President Joe Biden’s pledge to transform the nation’s heavily fossil-fuel powered economy into a clean-burning one and stop climate-damaging emissions from U.S. power plants by 2035. Notably, the deal omits mention of a Clean…

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