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Sebi disposes of case against ABG Shipyard

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Markets regulator Sebi on Monday disposed of adjudicating proceedings initiated against ABG Shipyard, for allegedly not making requisite disclosure under the Listing norms, as the company is under liquidation.ABG Shipyard is undergoing insolvency proceedings under the Insolvency and Bankruptcy Code (IBC, 2016) as per the National Company Law Tribunal (NCLT) orders.In an order, the Securities and Exchange Board of India (Sebi) noted that it is mandatory and a pre-condition to obtain the leave of NCLT for commencing instant proceedings against the company, which is under liquidation.However, the regulator said leave…

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NATIONAL NEWS NEWS CATEGORIES 

JNU students protesting over steep fee hike clash with police; Minister stuck for over 6 hrs

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Shouting slogans and raising banners, thousands of Jawaharlal Nehru University (JNU) students clashed with police on Monday as their protest over steep fee hike escalated, leaving HRD Minister Ramesh Pokhriyal ‘Nishank’ stranded for over six hours at the venue of the varsity’s convocation.The students of the varsity, which has seen several such agitations in the recent years, were protesting outside the All India Council of Technical Education (AICTE) premises, the venue for the varsity’s third convocation, which was addressed by Vice President M Venkaiah Naidu.The protests started in the morning…

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ENTERTAINMENT NEWS CATEGORIES 

It’s a mixed emotion: Anil Kapoor on playing historical character in ‘Takht’

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“Takht” is Anil Kapoor’s first period film and the actor says he is slowly getting into the headspace of his character in the Karan Johar-directed feature.Kapoor, who will reportedly play the role of Shahjahan in the film set in the Mughal era, said he is equal parts scared and confident about working on the historical drama.”I am slowly getting into it. I’ll be able tell you what my headspace would be close to the filming. But at the moment its a mixed emotion. Excited, worried, apprehensive, confident. It takes time…

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LEGAL NEWS NEWS CATEGORIES 

SC to deliver verdict on Nov 13 on pleas of disqualified Karnataka MLAs

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The Supreme Court is scheduled to pronounce on November 13 its verdict on the pleas of 17 disqualified Congress-JD (S) MLAs of Karnataka challenging the orders of the then Assembly speaker K R Ramesh Kumar to disqualify them. A three-judge bench of justices N V Ramana, Sanjiv Khanna and Krishna Murari had on October 25 reserved its verdict on the petitions filed by these disqualified MLAs. Kumar had disqualified these 17 MLAs of ruling the Congress-JD(S) coalition ahead of a trust vote in July. The then chief minister H D…

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NATIONAL NEWS NEWS CATEGORIES 

Cyclone ‘Bulbul’ disrupts normal life in Bengal; 4 killed

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Cyclone ‘Bulbul’, which made landfall between Bengal and Bangladesh coasts, brought in its wake heavy rain coupled with strong winds till early Sunday, affecting normal life in several parts of the city and the coastal districts of the state. At least four people were killed in rain-related incidents in Kolkata and North 24 Parganas since Saturday, according to official reports. An employee of a renowned club in the city was killed when a branch of a cedar tree fell on him, police said. In Basirhat, North 24 Parganas, three persons…

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NEWS CATEGORIES WORLD NEWS 

Hong Kong police watchdog unequipped to probe protest response: Experts

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Hong Kong’s police watchdog is currently unequipped to investigate the force’s handling of months of pro-democracy protests, a panel of international experts appointed by the city’s own government has found. The international finance hub has been upended by five months of huge and increasingly violent rallies, but Beijing has refused to give in to most of the movement’s demands. One of the core demands, alongside fully free elections, is an independent inquiry into the police, who have been left to battle protesters for 24 consecutive weeks and are now loathed…

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BUSINESS NEWS CATEGORIES 

BSNL mulls biz continuity measures amid VRS plan rollout; talks on with DoT

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With the current VRS plan expected to cut BSNL’s staff by almost half, the DoT has instructed the corporation to put in place measures to ensure business continuity and smooth transition, particularly for manning telephone exchanges in rural areas. At present, various options are being discussed for the transition period. A source in Department of Telecom (DoT) told PTI said the matter requires urgent focus, and meetings are on to find a solution to ensure there is no impact on day-to-day manning of exchanges and other operations, once the VRS…

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NEWS CATEGORIES SPORTS 

Shafali, Smriti secure India’s 84-run win over WI in first T20I

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Opening duo of Shafali Verma and Smriti Mandhana hammered scintillating half-centuries as the Indian women’s team notched up a comfortable 84-run win over hosts West Indies in the first T20I here. The 15-year-old Shafali and Mandhana shared a record 143-run opening partnership as India posted 185 for 4 in their stipulated 20 overs at the Darren Sammy National Cricket Stadium here. The visitors then returned to restrict West Indies for 101 for 9 to complete the win on Saturday. Pacer Shikha Pandey (2/22), spin duo of Radha Yadav (2/10) and…

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ENTERTAINMENT NEWS CATEGORIES 

Want to do films for family audience: John Abraham

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Following a series of hardcore action dramas, John Abraham now plans to cater to family audiences with his upcoming comedy “Pagalpanti”. The actor, who has established himself as one of the most popular action stars of Bollywood with films like “Force”, “Rocky Handsome”, “Parmanu”, Satyameva Jayate” and “Batla House”, said he was dying to comedy for quiet sometime. “There is space for all kinds of film and I want to do all kinds of film. I have been dying to do a comedy. Films like ‘Housefull 4’, ‘Total Dhamaal’ has…

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BUSINESS NEWS CATEGORIES 

Reliance cuts base price for new gas from KG-D6 after customer protests

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Reliance Industries has cut by about 7 per cent the minimum price it is seeking for the natural gas it plans to produce from newer fields in the Bay of Bengal KG-D6 block after key customers such as fertiliser plants protested over the high base price, sources said. Reliance and its partner BP Plc of the UK is in the market seeking bids from potential users for the 5 million standard cubic metres per day of natural gas they plan to produce from the R-Cluster Field in KG-D6 block from…

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