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Assembly Elections: EC reviews preparedness for Mizoram polls
-- With Mizoram slated to go to polls later this year, the Election Commission (EC) held a meeting with officials in Aizawl on Friday to review the preparedness.
-- Various heads and nodal officers of central agencies were present at the meeting, which was chaired by Deputy Election Commissioner Dharmendra Sharma.
Minister’s convoy attacked in West Bengal
-- Supporters of the Kurmi tribe attacked the convoy of state minister Birbaha Hansda in Jhargram.
-- Stones were pelted on the convoy of the minister after TMC leader Abhishek Banerjee's convoy passed from the area.
-- Further details are awaited.
Wrestlers’ protest: Tokyo Olympics champion Kawai extends support
-- Tokyo Olympics gold medallist and three-time world champion grappler Risako Kawai of Japan has come out in support of the protesting Indian wrestlers in their fight against former WFI chief Brij Bhushan Sharan Singh.
-- Top Indian grapplers, including Vinesh Phogat, Bajrang Punia and Sakshi Malik have been protesting at the iconic Jantar Mantar here demanding the arrest of Brij Bhushan, who has been accused of sexual harassment of seven women athletes, including a minor.
-- "I hope it will be an environment where Indian athletes can practice with peace of mind," Kawai wrote retweeting a BBC News video on the wrestlers' protest. Kawai, who won the 57kg women's freestyle gold in Tokyo, is the first high-profile international wrestler to come out in support of the protesting Indian wrestlers.
New Parliament Building Inauguration LIVE Updates: Ambalavana Desiga Paramachariya Swamigal to attend ceremony
“It is very happy news that Prime Minister of IndiaNarendraModi has decided to placeSengolin the new Parliament. Tomorrow I'm going to Delhi and we are going to give that historicalSengolto the Prime Minister,”AmbalavanaDesigaParamachariyaSwamigal,ThiruvavaduthuraiAtheenam.
EV Subsidies Update: Centre cracks down on 4 more EV companies
-- After Hero Electric & Okinawa, Government to take action against more electric vehicle (EV) companies
-- Ministry of Heavy Industries to recover subsidies from 4 other companies including Benling, Ampere, and Amo Mobility
-- The EV companies were issued notices to return the wrongly claimed subsidies and explain why they should not be debarred from FAME
News Alert
Army & Assam Rifles have intensified domination across Manipur. Both teams in Imphal East & Churachandpur prevented firing incidents between the two communities. Armed miscreants fired & ran towards higher reaches. No casualties. Operations underway: Indian Army
Amit Shah to inaugurate conclave on 9 years of Modi govt
Union Home Minister Amit Shah will inaugurate a day-long conclave on 'Nine years of Seva, Sushasan, Garib Kalyan' (service, good governance and welfare of poor) organised by Doordarshan on Saturday.
Information and Broadcasting Minister Anurag Thakur will be the guest of honour at the conference that will feature panel discussions on three themes India Surging Ahead, Jan, Jan ka Vishwas (peoples confidence) and Yuva Shakti: Galvanising India.
CleanScience Blok Deal | Promoter Group to sell up to 3.5% equity at Rs 1,400/share worth Rs 553 crore
Former Delhi Minster Satyendar Jain's treatment underway in ICU
Former Delhi minister & AAP leader Satyendar Jain's treatment is underway in ICU after he had a blood clot in his brain due to an injury on his head. His condition is stable as of now; further treatment is underway. Hospital has constituted a medical board of four doctors for his treatment: LNJP Hospital Sources to ANI
NIA seeks death penalty for Yasin Malik
-- The National Investigation Agency (NIA) has moved the Delhi High Court seeking death penalty for Yasin Malik (chief of the banned Jammu and Kashmir Liberation Front) in a terror funding case.
-- A Trial Court had sentenced him to life imprisonment last year.
World News Update: Russia offers support to Somalian army in fight against terrorist groups
-- Russia is ready to supply Somalia's army with military equipment in its war against terrorism, Russia's foreign minister said Friday.
-- Russian Foreign Minister Sergey Lavrov made the offer after talks with his Somali counterpart Abshir Omar Jama in Moscow.
-- Russia's top diplomat said Moscow reaffirmed its readiness to meet the material needs of the Somalian army in its fight against extremists that remain on Somalian territory including al-Shabaab and al-Qaeda.
-- The offer further underscores Russia's growing interest in the African continent upstaging the west in countries facing conflict.
Bombay, Madras High Courts get new chief justices
-- In exercise of the power conferred by the Constitution of India, the President of India, after consultation with the Chief Justice of India, is pleased to appoint the following High Court judges as the chief justices of High Courts:
-- Sanjay Vijaykumar Gangapurwala appointed as Chief Justice of Madras High Court
-- Ramesh Deokinandan appointed as Chief Justice of Bombay High Court
IPL 2023 finale: Rapper Divine to perform on May 28
-- Rapper Divine will be performing at the finale of the 2023 Indian Premier League (IPL) on May 28.
-- Divine, whose real name is Vivian Fernandes, will perform at the first-ever mid-innings/half-time show during the finale, to be held at Narendra Modi Stadium in Ahmedabad.
-- The rapper will be joined by long-time collaborator and Canadian playback singer Jonita Gandhi for a special collaborative showcase of their track 'Naya Sher', which features Indian cricketer Virat Kohli.
Congress to discuss Centre Ordinance issue before taking final call
Congress General Secretary KC Venugopal on the row over the Centre's ordinance on the transfer of Delhi officials: "A formal request is coming from Delhi CM Kejriwal on ordinance. We will discuss this within our party and will take the final call"
New Parliament Building Inauguration Live Update: Bommai hits out at Congress decision to boycott ceremony
“Congress should have thought about the larger interest of the nation but they're into petty politics, they're not interested in the development of India...they're not interested in the future of India...,” former Karnataka chief minister and BJP leader Basavaraj Bommai said on Congress decision to boycott the new parliament building inauguration by PM Modi on May 28.
GoFirst flight cancellations: GoFirst cancels all flights till May 28
GoFirst on May 26 announced that it is extending its flight cancellations till May 28 due to operational reasons. The announcement came a day after the DGCA directed the cash-strapped domestic carrier to submit a revival plan within 30 days.
Q4 Earnings Update: Shree Renuka Sugars reports Q4 earnings
-- Net profit down 72.6% at Rs 42.8 crore Vs Rs 156.3 crore (YoY)
-- Revenue up 7.2% at Rs 2,328.5 crore Vs Rs 2,173 crore (YoY)
-- EBITDA down 5.8% at Rs 258.6 crore Vs Rs 274.4 crore (YoY)
-- Margin at 11.1% Vs 12.6% (YoY)
MC News | IMD issues normal monsoon forecast, but food inflation needs to be watched
India is likely to receive normal monsoon rains in 2023 despite the likely emergence of the El Nino weather phenomenon, the India Meteorological Department (IMD) said on May 26, but experts warned that inflation needs to be closely watched.
“A normal monsoon would lead to better crop output this year as parts of India, specifically Maharashtra, have been suffering from a glut in vegetables due to high rains the past few years,” said Deepak Chavan, anagriculture expert. Read more.
Delhi HC informed by Go First lessors that DGCA must deregister aircraft
On May 26, a number of Go First's aircraft lessors made a case before the Delhi High Court to have the DGCA deregister their aircraft so they could reclaim them from the struggling airline.
Before the high court, the lessors argued that the Directorate General of Civil Aviation's (DGCA) refusal to provide deregistration is "illegitimate".
News Alert: Sam D'Souza denied interim protection from arrest
The accused Sam D'Souza in the CBI extortion case is denied interim protection from arrest by the Bombay High Court. In the drugs-on-cruise case, extortion charges are being brought against him.
MC News | Nearly two-thirds of Indians don't hold a single Rs 2,000 note, survey finds
Nearly two-thirds of Indians don't hold a single Rs 2,000 currency note, according to a survey, seemingly confirming the Reserve Bank of India's (RBI) assertion that use of the high-denomination note was falling even before it announced that it would be withdrawing them from circulation. Read more.
News Alert
270 eminent citizens, consisting of 88 Rtd Bureaucrats including 10 Ambassadors, 100 Rtd Armed forces officers and 82 Academicians write a letter condemning the behaviour of opposition parties indulging in boycott of parliament building inauguration.
President will hold a banquet in honour of King of Cambodia
“A state visit of the King of Cambodia to take place on 30th May 2023. He will meet the President, Vice President and Prime Minister. EAM will also call on him. President will hold a banquet in honour of the king,” said Saurabh Kumar, Secretary (East), MEA.
Mahindra & Mahindra Q4 Result Live Updates: 2023 is about consolidation than new product launches, says Rajesh Jejurikar
"The year 2023 is more about consolidation than new product launches,” said Rajesh Jejurikar, Executive Director (Auto & Farm Sectors) ofM&M.
He added, “23,000 bookings pf XUV400 done. Have delivered 3,000 units of it.”
Mahindra & Mahindra Q4 Result Live Updates: Still not out of semiconductor crisis, says Rajesh Jejurikar
"Had an impact of nearly 17% in our production during Q4 FY 2023 due to chip shortage,” said Rajesh Jejurikar, Executive Director (Auto & Farm Sectors) ofM&M.
He added, “We are not yet out of semiconductor crisis yet but can't give a timeline when we will be out of it.”
Mahindra & Mahindra Q4 Result Live Updates: 5-door version of Thar to not launch anytime soon
"Not working on the development of BS-7 version immediately until there a further clarification from the government,” said Rajesh Jejurikar, Executive Director (Auto & Farm Sectors) ofM&M.
He added, “Contrary to media speculation, we are not planning to launch 5-door version of Thar during this year."
Mahindra & Mahindra Q4 Result Live Updates: Management briefs media in the post-earnings call
We reported a standalone net profit of Rs. 1,549 crore in the quarter-ended March 2023, thus registering a growth of 22.1% from Rs. 1,268 crore in the corresponding quarter of the previous year: M&M MD Anish Shah
"Our current open bookings of all utility vehicles put together is 2,92,000 units", says Rajesh Jejurikar, Executive Director (Auto & Farm Sectors) ofM&M.
RajeshJejurikar, Executive Director (Auto & Farm Sectors) of the company also announced that the automaker is set to roll out a new platform for Swaraj Tractors.
Russia-Ukraine War Update: Russian strike on clinic kills one, injures 15 in Ukraine's Dnipro
Dozens of Ukrainian strikes hit Russian Belgorod border region in last 24 hours: governor
Karnataka Deputy CM DK Shivakumar takes a dig at HD Kumaraswamy over his "We are not Congress' slave" comment
"The new Parliament building should be inaugurated by the President... HD Kumaraswamy should not forget that when there was presidential election, their party had boycotted voting for the president of the country," said Karnataka Deputy CM DK Shivakumar
(ANI)
Gain knowledge about what is the symbolism of 'Sengol' and what happened in 1947: Union Minister Hardeep Singh Puri
Union Minister Hardeep Singh Puri says, "An article was published in the Time Magazine of America in 1947 and all those who are protesting (against the inauguration of new parliament building) should read this article and gain knowledge about what is the symbolism of 'Sengol' and what happened in 1947."
Mahindra & Mahindra Q4 result
Mahindra & Mahindra posted a net profit of Rs 1,549 crore for the quarter ended March, up from Rs 1,268 crore in the base quarter. The net profit was up 22.1 percent but significantly lower than analysts' estimates of 39-69 percent. Read in detail, here
There should be a limit to doing politics: S Jaishankar on opposition's boycott of Parliament building inauguration
External Affairs Minister S Jaishankar on Friday described as unfortunate the decision by 20 opposition parties to boycott the inauguration of the new Parliament building and said there should be a limit to doing politics. While speaking to reporters at Rajpipla town of Narmada district, he said, "The inauguration of the new Parliament building should be celebrated as a festival by the entire nation."
There is zero tolerance for laxity with the quality of pharmaceutical products: Union Health Minister Mansukh Mandaviya
If we are to continue being the 'Pharmacy of the World', there can be no laxity with the quality of our pharmaceutical products. Our products should also be affordable and competitive in the global market. There is zero tolerance for laxity with the quality of pharmaceutical products: Union Health Minister Mansukh Mandaviya
Customs department destroys 350 kg of drugs worth Rs 1,500 crore in Mumbai
The Customs department on Friday destroyed 350 kg of drugs worth over Rs 1,500 crore at an incineration facility, officials said.
Mumbai Customs Zone-III burnt down the narcotic substances at the Mumbai Waste Management Limited at Taloja in Navi Mumbai, in the presence of a high-level drugs disposal committee, he told PTI.
India, Zambia open new horizons of cooperation in the fields: Ministry of External Affairs
India and Zambia agreed on Thursday to open new horizons of cooperation in the fields of agriculture, health, infrastructure, and SMEs, among others.
The decision came during the third Foreign Office Consultations (FOC) held between India and Zambia in New Delhi on May 25, 2023. The Indian side was led by Puneet R. Kundal, Joint Secretary (East & Southern Africa), and the Zambian side was led by Amb. Isabelle M.M. Lemba, Permanent Secretary (IRC) in the Ministry of Foreign Affairs and International Cooperation of Zambia.
National Herald case: Delhi court allows Congress leader Rahul Gandhi to get passport with three-year validity
Delhi's Rouse Avenue Court partly allows Congress leader Rahul Gandhi's plea seeking NOC for issuance of a fresh ordinary passport. The court has granted NOC for 3 years.
(From ANI)
IMD Press Briefing Live Updates: IMD retains 'normal monsoon' forecast despite El Nino threat
El Nino, which is the warming of the waters in the Pacific Ocean near South America, is generally associated with the weakening of monsoon winds and dry weather in India. As per the weather department forecast, the monsoon season is likely to produce 96 per cent of normal rainfall, a good indication for the agrarian economy that is witnessing a scorching summer amid the likely emergence of El Nino weather conditions.
The El Nino conditions this year follow three consecutive La Nina years. La Nina, which is the opposite of El Nino, typically brings good rainfall during the monsoon season.
IMD Press Briefing Live Updates: Did you know?
The monsoon arrived in Kerala on May 29 last year, June 3 in 2021, June 1 in 2020, June 8 in 2019, and May 29 in 2018. This year, the onset is likely on June 4.
Zee-Sony Merger Live Updates: Zee-Sony merger case remitted back to NCLT
Zee argued in the court that $1.5 billion will come into the country because of Sony Merger. No statutory authority has objected to this, objections have come only from private parties hearing is going on in NCLT. NCLT’s order virtually nullifies all that we have got in the one year. The order was passed out of the blue, nobody got an opportunity to argue the case before the direction to review. NSE and BSE saythey were only asked by SEBI to place the order by NCLT. They have no objection to any order by NCLAT.
Zee Entertainment Enterprises Ltd has moved the National Company Law Appellate Tribunal (NCLAT) to contest an interim ruling by the National Company Law Tribunal (NCLT)'s Mumbai bench related to its proposed merger with Sonly Pictures Networks India Pvt. Ltd.
Zee-Sony Merger Live Updates: NCLAT sets aside NCLT order asking BSE & NSE to review their prior Zee-Sony merger approval
NCLAT sets aside the order of NCLT asking BSE and NSE to review their prior approval to merge Zee with Sony. Case remitted back to NCLT
Zee-Sony Merger Live Updates: Zee says $1.5 billion dollars will come into the country because of Sony Merger
Zee argues in the court that $1.5 billion will come into the country because of Sony Merger. No statutory authority has objected to this, objections have come only from private parties hearing is going on in NCLT.
Zee-Sony Merger Live Updates: Zee says NCLT’s order was passed out of the blue, and nobody got an opportunity to argue the case
Zee Entertainment says NCLT’s order virtually nullifies all that we have got in the one year. The order was passed out of the blue, nobody got an opportunity to argue the case before the direction to review. NSE and BSE saythey were only asked by SEBI to place the order by NCLT. They have no objection to any order by NCLAT.
IMD's Press Briefing Live Updates: Here are the key highlights
- Rainfall in June in India is likely to be below normal.
- Above than normal rainfall in June is likely in the south peninsula, western Rajasthan, Ladakh.
- Above normal rainfall recorded in May 2023, lesser heat waves recorded compared to previous years.
- Western disturbances are expected to cause rains in North-West and Central India for the next few days.
- Conditionsfavorable for further advance of southwest monsoon into the Andaman Sea, Andaman & Nicobar Islands, south Bay of Bengal.
- Monsoon onset likely over Kerala on June 4.
- No one-to-one relationship between El Nino and the Indian monsoon.
- Conditions for El Nino becoming favourable over the Pacific Ocean, will continue until 2024.
- IMD forecasts this year's monsoon as 96% of the long-period average, with an error margin of 4%.
- Southwest monsoon likely to be normal over India from June to September.
- Deficient rainfall forecast for Northwest India, excess forecast for Peninsular India.
- Northwest India is likely to get less than 92% of rainfall over a long period average.
IMD's Press Briefing Live Updates: Many places in the plains of Northwest India will experience rainfall with thunderstorms
IMD forecasts rainfall will continue in many places across the country. Many places in the plains of Northwest India will experience rainfall with thunderstorms. North-Eastern states of Assam, Meghalaya, Mizoram, and Tripura will also witness heavy rainfall at isolated places.
New Parliament Inauguration Row Live Updates: SC refuses to entertain the PIL asking president to inaugurate the new parliament building
SC refuses to entertain the PIL asking president to inaugurate the new parliament building, the petitioner agrees to withdraw the petition.
IMD retains its forecast for 'normal' monsoon this year
IMD forecasts this year's monsoon as 96% of the long-period average, with an error margin of 4%. Southwest monsoon likely to be normal over India from June to September
Go First crisis Live Update: Lessors say NCLAT/ NCLT are insolvency tribunals, cannot deal with issues related to aircraft leases
Lessors tell Delhi High Court that NCLAT/ NCLT are insolvency tribunals, and cannot deal with issues pertaining to aircraft leases. It’s a dispute between Lessors and DGCA.
Satyendar Jain granted bail
The Supreme Court bench granted interim bail to the AAP leader for six weeks to get treated in a private hospital of his choice.
The bench added that Jain shall not go to the media "to make any statement on any issue" and that he shall not attempt to influence the witnesses.
(From LiveLaw)
Supreme Court grants interim bail to AAP leader Satyender Jain
Supreme Court Grants interim bail to AAP leader Satyender Jain on medical grounds for 6 weeks in money laundering case
Jet Airways Case Live Updates: NCLAT grants additional time to Jalan Kalrock Consortium to pay dues to SBI
In a relief to Jalan Kalrock Consortium, NCLAT grants it an additional period 97 days to make payments to SBI by exempting time between November 16 to March 3. As per the NCLT’s January order the consortium has to make payments by May 15 (ie. 150 days from November 16) however with this exemption, the consortium gets an additional breather.
On May 22, the tribunal reserved its decision on a plea by the consortium, which emerged as a successful bidder in the Jet Airways insolvency resolution process, seeking directions to stop the State Bank of India (SBI) to invoke its performance bank guarantee of Rs 150 crore.
Even though the NCLAT's daily order sheet indicated that the order would be passed on May 30, the appellate tribunal chose to pronounce the order five days in advance.
On January 13, the National Company Law Tribunal (NCLT) allowed the transfer of the beleaguered airline to the consortium, led by London-based Kalrock Capital and UAE-based entrepreneur Murari Lal Jalan.
The consortium was to make the first tranche of the payment to Jet's lenders before May 15 but hasn't and fears that SBI will invoke the performance bank guarantee of Rs 150 crore in lieu of Rs 175 crore worth of dues.
The airline's ownership would not be transferred to the consortium if the payment is not made. The air operator's certificate of Jet Airways expired on May 19.
