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Supreme Court refuses to stay implementation of Citizenship (Amendment) Act, issues notice to Centre

Supreme Court refuses to stay implementation of Citizenship (Amendment) Act, issues notice to Centre

A Supreme Court Bench, comprising Chief Justice of India (CJI) Sharad Arvind Bobde and Justices BR Gavai and Surya Kant, has refused to stay the implementation of the Citizenship (Amendment) Act, 2019, adding that the top court will hear the petitions on January 22.

The SC on Wednesday issued a notice to the central government regarding the petitions challenging the controversial Citizenship Act.

Bandhan Bank trades near 3-month low; slips 21% thus far in December

Bandhan Bank trades near 3-month low; slips 21% thus far in December

Shares of Bandhan Bank continued to reel under pressure, falling for the fourth consecutive day, on the BSE on Wednesday. The stock declined 5 per cent at Rs 457 in the intra-day trade today.

The stock of the private sector lender was down 21 per cent thus far in the month of December. In comparison, the S&P BSE Sensex was up 1.5 per cent. It was trading at its lowest level since September 20, 2019.

P Chidambaram hits out at PM Modi over Pakistan citizenship jibe; says what is the meaning of such challenges

P Chidambaram hits out at PM Modi over Pakistan citizenship jibe; says what is the meaning of such challenges

Senior Congress leader P Chidambaram on Wednesday hit back at Prime Minister Narendra Modi over his Pakistan citizenship jibe at the main opposition party. He was responding to the challenge posed by Prime Minister Narendra Modi to the opposition to publicly declare that they are prepared to accord Indian citizenship to all Pakistanis.

Why should we give citizenship to people who are already citizens of Pakistan? What is the meaning of such challenges to the Opposition, he asked.

Dr Agarwal's Group of Eye Hospitals raises Rs 215 crore from CDC Group

Dr Agarwal's Group of Eye Hospitals raises Rs 215 crore from CDC Group

Dr Agarwal’s Health Care Ltd (DAHCL) has raised Rs 215 crore from CDC Group. The money will support the company's Rs 500-crore investment plan to double its network. The eyecare chain is considering going public.

With the funding, CDC Group will get a seat in the company's board.

Deadly African swine fever reaches Indonesia, kills 28,000 pigs in 3 months

Deadly African swine fever reaches Indonesia, kills 28,000 pigs in 3 months

The deadly African swine fever sweeping across Asia has spread to Indonesia, reaching a region with more than a million pigs.

Almost 400 backyard farms in Sumatera Utara -- a province home to 1.2 million hogs -- have been struck by the virus since September, leading to 28,000 pig deaths, the Rome-based World Organization for Animal Health said on Tuesday.

Anti-CAA protests: Madras varsity students agitate for third day in a row

Anti-CAA protests: Madras varsity students agitate for third day in a row

A section of students of the Madras University continued their protest for the third day on Wednesday against the amendment to the Citizenship Act.

Defiant students said they will continue their agitation.

Tata Motors near seven-month high; stock surges 16% in six days

Tata Motors near seven-month high; stock surges 16% in six days

Shares of Tata Motors continued their their northward journey, trading close to seven-month high of Rs 185, up 2 per cent on Wednesday, on the back of a slew of positive news.

The commercial vehicles major's stock has rallied 16 per cent in the past six trading days, as compared to 3 per cent rise in the benchmark S&P BSE Sensex.

A question worth $ 680 mn: What did Anil Ambani know about the unpaid loan?

A question worth $ 680 mn: What did Anil Ambani know about the unpaid loan?

Anil Ambani, the younger brother of Asia’s richest man, faces a $680 million legal test to answer one and only one question: Just what did he know about what his employees were doing on his behalf? Other Indian tycoons will take an abiding interest in his defense.

The $680 million is the amount Industrial & Commercial Bank of China Ltd. is seeking to recover from the former Indian billionaire by invoking what they say is a personal guarantee he gave in 2012 to secure a $925 million loan for Reliance Communications Ltd., his mobile services firm that’s now in bankruptcy.

Anti-Citizenship Act protests: FIR filed against former Congress MLA Asif Khan in Jamia violence

Anti-Citizenship Act protests: FIR filed against former Congress MLA Asif Khan in Jamia violence

Asif Muhammad Khan, a former Congress MLA, has been booked for instigating the crowd against the police during protests on Citizenship Amendment Act (CAA) near Jamia Millia Islamia University on Sunday.

The FIR mentioned that Khan instigated the crowd which lead to the susequent clash between the protestors and the policemen. The protestors pelted stones at the policemen, and in return, the police fired tear gas shells.

Prestige Estates surges 6% on fund raising plan via preferential issue

Prestige Estates surges 6% on fund raising plan via preferential issue

Shares of Prestige Estates Projects surged 6 per cent to Rs 347 on the BSE on Wednesday, extending its previous day’s 4 per cent gain, after the company announced fund raising plan via preferential issue. In comparison, the S&P BSE Sensex was up 0.23 per cent at 41,446 level at 09:53 am.

The board of directors of the real estate developer is scheduled to meet on Friday, December 20, 2019 to consider and approve raising of funds through preferential issue to an identified allottee, Prestige Estates said in a regulatory filing on Monday after market hours.

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