The passage of the Citizenship (Amendment) Act on December 11, 2019 saw thousands of protesters take to the streets across India to emphatically reject the CAA, calling it “divisive”, “fascist” and even “unconstitutional”. While supporters of the ruling Bharatiya Janata Party came out, as expected, in favor of the amendment, …
Read More »Karnataka HC Rejects Kannada Actor’s Bail Statement In Sandalwood Drug Case
The Karnataka High Court on Tuesday rejected the bail statements of three key defendants in the Sandalwood drug case: Canadian actor Ragini Dwivedi, Sanjjanaa Galrani aka Mahira and jeweler Prashanth Ranka. All three, along with several others, had been arrested by the Office of Narcotics Control (NC) under various sections …
Read More »SC Orders Liquidation of UBHL to Regain Kingfisher Quotas of Rs 11 Billion | India News
NEW DELHI: The Supreme Court on Monday allowed the liquidation of United Breweries Holding Ltd (UBHL) to recover fees payable for Kingfisher Airlines to creditors, including banks, and dismissed the company’s claim against its settlement. A bench of judges UU Lalit, Vineet Saran and S Ravindra Bhat defended the Karnataka …
Read More »Franklin Templeton Mutual Fund May Appeal to Supreme Court, Seeks Instructions to Return Cash to Investors
Franklin Templeton Mutual Fund can appeal to the Supreme Court on the Karnataka High Court order on the liquidation of the six debt schemes. In a letter to the investors of the six troubled debt schemes, Sanjay Sapre, president of Franklin Templeton Asset Management (India) wrote: “Although we are still …
Read More »What the Karnataka HC ruling on the Franklin Templeton case means for MF investors
The Karnataka High Court ruled on Saturday in the case involving the closure of six Franklin Templeton Mutual Fund debt schemes. The plans were frozen on April 23, an action that was suspended by the Gujarat High Court on June 3. The Supreme Court transferred the Gujarat case along with …
Read More »Coronavirus shutdown: unions accuse BS Yediyurappa of yielding to property lobby after Karnataka cancels special trains for migrant workers
[ad_1] Bangalore: On a warm Wednesday afternoon, spirits rose to the gates of a sprawling construction site in southern Bengaluru. In the context of five residential towers under construction, which will house more than 2,500 families in 31-story buildings, hundreds of workers shouted a demand: Let’s go home, even if …
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