The Delhi-based Pristine Logistics & Infraprojects Limited has filed its Draft Red Herring Prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), in order to acquire funds through an initial public offering (IPO).
The Indian High Commission dismissed speculative media allegations that New Delhi was sending troops to Colombo on Wednesday (May 11), stating India firmly supports Sri Lanka's democracy, stability, and economic recovery. Sri Lanka is in the midst of its biggest economic crisis since its 1948 independence from the United Kingdom.
The Central government told the Supreme Court on Wednesday that staying the registration of FIRs for sedition under Section 124A of the Indian Penal Code might not be the best approach because no order can be issued to prevent the registration of cases under a cognizable offence, which has been upheld by a Constitution Bench.
On Monday, the Bar Councils of Tamil Nadu and Puducherry issued prohibition orders prohibiting 19 lawyers from practising in all Indian courts, tribunals, and other authorities.
The Supreme Court has extended the stay on the non-bailable warrant issued by the Allahabad High Court against Noida CEO and IAS officer Ritu Maheshwari till Friday, May 13. The matter is postponed to Friday, May 13. SC requests that it be listed before the proper bench.
Himachal Pradesh police have arrested an accused in the case of hoisting Khalistani flags at the gate of Himachal Pradesh Assembly (Dharamsala).
The Central Bureau of Investigation (CBI) discovered Rs 2 crore in hawala transactions at 40 locations in Delhi, Chennai, Jaipur, and Coimbatore on Tuesday as part of a major nationwide crackdown on non-government organisations (NGOs) violating norms in receiving foreign grants, according to sources.
In connection with the prevention of money laundering case connected to the MGNREGA funds fraud of roughly Rs 18 crore, the Enforcement Directorate confiscated three cars belonging to IAS officer Pooja Singhal's Chartered Accountant (CA) Suman Kumar.
On Monday, Prime Minister Mahinda Rajapaksa, 76, resigned amid unprecedented economic upheaval, hours after his supporters attacked anti-government protestors, prompting authorities to impose a statewide curfew and deploy Army forces in the city.
The Speaker of the Sri Lankan Parliament requested on Tuesday that embattled President Gotabaya Rajapaksa call a special session of the House this week to discuss the current situation, which includes unprecedented violence and widespread protests against the government over the country's worst economic crisis in decades.
According to The Information, which cited people familiar with the subject, Meta Platforms is considering lowering the money it offers news organisations as it reevaluates the agreements it has formed in recent years.
On Monday evening, many parts of Mumbai were plunged into darkness due to a "technical problem." The interruption follows a string of power outages in the financial capital over the last month, owing to a severe electricity deficit that prompted the state discom MSEDCL to implement load-shedding in numerous districts of Maharashtra.
Food and fuel shortages, skyrocketing prices, and power outages are hurting a large number of Sri Lankans, leading in massive protests against the government's handling of the situation.
According to data available with the exchanges, Life Insurance Corp's IPO, India's largest initial share sale, was subscribed 2.95 times on the final day of bidding on Monday.
The Life Insurance Corporation of India's first public offering garnered a strong reaction from investors, with the insurance giant's offering being subscribed 2.94 times.
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