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    Comeback Trail: After IT, time for large private banks to make a comeback? 6 top private banks with an upside potential of upto 40%

    Today, because one private sector bank and some of the PSU banks are under pressure, the bank nifty is trading in the red. Because the bank in question, Kotak Mahindra bank has come under pressure due to one specific development which tends to be eye-catching, the whole narrative shifts to something which is not related to the core business of banking. If one leaves aside what is happening in the banks today and looks at a slightly broader picture, probably there are underlying indications of something else. A probability of a tactical investment opportunity building in the private sector banks taking place. Look at the leaders from that space, HDFC bank which has been at the forefront of getting all negative news is pretty much close to its earlier highs.

    Who is Rishi Shah: The man who defrauded Goldman Sachs, Google of $1 billion

    Rishi Shah, co-founder of Outcome Health, has been sentenced to seven and a half years in prison for orchestrating a $1 billion fraud scheme involving his healthcare advertising startup. The case has impacted major investors and drawn attention to corporate accountability.

    Philippines says June 17 South China Sea incident 'most aggressive' recent Chinese action

    The Chinese Coast Guard's actions against Philippine vessels conducting a routine resupply mission to the Second Thomas Shoal in the South China Sea last month were deemed by a senior Philippine navy official as the "most aggressive" in recent history. Rear Admiral Roy Vincent Trinidad, spokesperson for the Philippine navy on South China Sea matters, characterized the maneuvers as deliberate, planned, and escalatory. The incident on June 17 resulted in a Philippine sailor being seriously injured due to what the military described as intentional high-speed ramming by the Chinese Coast Guard.

    India has taken lead in ensuring 'One Health' goals: Niti Aayog's Dr VK Paul

    India is ahead of several countries in drafting a legal framework to support the implementation of the 'One Health' initiative, which integrates the health of people, animals, and the environment. The 'One Health' approach is crucial for addressing complex health challenges such as zoonotic diseases, antimicrobial resistance, food safety, and climate change. India is framing National Action Plan 2.0 to address antimicrobial resistance issues, conceptualizing the One Health Mission, and working on broader issues of climate change.

    'Dhoom' actress Rimi Sen reveals how a close friend cheated her of Rs 4 crore. Real-life CID in action

    Rimi Sen has been entangled in a legal battle after being defrauded of Rs 4.14 crore by her close friend Ronak Vyas. Two years after filing an FIR, the case is now up for hearing in the Bombay High Court, and a chargesheet will soon be filed. Sen met Vyas at a gym, and he convinced her to invest in his business with promises of high returns. After investing, she realized she had been scammed. Despite initial payments, Vyas began making excuses and disappeared.

    Ayushi Patel's NEET plea based on 'forged documents' says Allahabad HC, social media users call for her 'arrest'

    The Allahabad High Court has dismissed a petition filed by NEET-UG aspirant Ayushi Patel after finding discrepancies in her claims regarding a damaged OMR answer sheet. Patel alleged the National Testing Agency (NTA) failed to declare her result due to a torn OMR sheet. However, upon court order, the NTA presented the original OMR sheet, which showed no damage. The court, terming it a case of "forged documents," dismissed the petition and said the NTA is free to take legal action.

    • Darshan fan murder case: Kannada star now accused of keeping exotic birds illegally; manager found dead

      Kannada actor Darshan Thoogudeepa is facing further legal trouble for allegedly keeping a bar-headed goose at his farmhouse, adding to his woes after being arrested in connection with a fan's murder. The forest department plans to charge him for violating wildlife protection laws. Meanwhile, Darshan's manager's suicide is being investigated alongside the murder case. The actor remains in custody as investigations continue.

      Biden to give legal protections to immigrant spouses of US citizens

      President Joe Biden will announce new protections for immigrant spouses of U.S. citizens, marking the 12-year anniversary of DACA. The policy will shield them from deportation, provide work permits, and offer a pathway to citizenship.

      UK workers' union says will proceed with industrial action at Tata Steel plants

      Unite the Union said on Thursday that its workers will begin "working to rule" as well as taking part in a continuous overtime ban from June 18 to "severely disrupt and delay" the company's operations and order book unless the company rows back on the closure. It is calling for the Indian steel major to halt its plans until the July 4 General Election, when it expects the UK's Conservative Party led government will make way for the Opposition Labour Party.

      HC rejects PIL on action against import of pricey refurbished medical gear

      The Delhi High Court on Thursday rejected the Patient Safety and Access Initiative of India Foundation’s plea seeking action against large scale illegal import of high-end and high-value used medical equipment other than critical care (Refurbished HEHV medical equipment) without following the mandatory regulations, including prior approval by the Ministry of Environment, Forest and Climate Change.

      VK Saxena seeks maximum punishment against Medha Patkar, says defamation is serious offence

      Delhi's Lieutenant Governor VK Saxena has requested maximum punishment for Narmada Bachao Andolan (NBA) leader Medha Patkar in a criminal defamation case filed against her. Patkar, who was the president of the National Council for Civil Liberties, had filed the defamation case in 2001 when she defamed him through a press release issued by her. The Saket District Court of Delhi recently convicted Patkar under Section 500 of the Indian Penal Code (IPC).

      PhonePe, BharatPe settle legal dispute over 'Pe'

      The legal battle began in 2018 when PhonePe issued a legal notice to BharatPe, asking the latter to stop using 'Pe' in Devanagari script in their brand name.

      The Apprentice gets cease and desist letter. Check out what Trump team and film producers say

      Attorneys for Donald Trump are attempting to block the U.S. release of "The Apprentice," a film that talks about him. The movie, which premiered at Cannes, depicts Trump's early career. Producers defend the film as fair and balanced.

      Manipur govt initiates legal action against unauthorised renaming of places

      Under Secretary Mangoljao Kamei highlights the historical importance of Thangjing (Thang Ching) and its protection under the Manipur Ancient and Historical Monuments and Archaeological Sites and Remains Act, 1976. The Art and Culture Department declares it a protected site.

      Diddy publicly apologises for assaulting ex-girlfriend Cassie: Calls his actions 'Inexcusable'

      Sean 'Diddy' Combs publicly admitted to physically assaulting his ex-girlfriend Cassie in a hotel hallway in 2016 after a security video of the attack was released by CNN. In a video apology posted on social media, Diddy expressed deep regret for his actions, calling them "inexcusable" and stating that he was "truly sorry." The incident, which showed Diddy punching, kicking, and dragging Cassie, led to a lawsuit from Cassie alleging years of abuse, settled shortly after it was filed.

      Why has Marvel Studios sent a subpoena to Instagram? Know all about the case

      Marvel Studios VP of Global Security and Content Protection has recently sent a subpoena to Instagram amid the making of Captain America: Brave New World.

      AstraZeneca to withdraw Covid vaccine globally as demand declines; faces legal challenges over side effects

      Astrazeneca Vaccine: AstraZeneca has announced the worldwide withdrawal of its COVID-19 vaccine, Vaxzevria, citing a surplus of updated vaccines amid the pandemic. The company has also faced legal challenges over reported side effects, including blood clots. Families of affected individuals are pursuing legal action, seeking compensation and holding multiple parties accountable for their losses.

      West Bengal's lawsuit: Will not permit parties to raise political issue in court, says SC

      Supreme Court restrains political discussions in West Bengal's CBI lawsuit post consent withdrawal. Verdict pending on suit's validity. Kapil Sibal, Tushar Mehta advocate citing DPSE Act and ED involvement.

      Aggrieved home buyer: Should you file a case in RERA or civil court, which works better for you?

      RERA or civil court: Agrrieved real estate buyers can file a case in RERA, consumer courts, etc. However RERA is a specialised forum which has expertise in real estate laws and rules. According to an Anarock report RERA has resolved more than 1 lakh cases till November 2023.

      Bihar: Chirag Paswan threatens legal action against Tejashwi Yadav over reservation remarks

      Although Paswan and Yadav have been good friends for long, their relationship rooted in the close ties between their fathers, late Ram Vilas Paswan and Lalu Prasad, respectively, political rivalry seems to have got the better of personal rapport.

      Visa revoked due to employer fraud? H-1B holders can now take legal action

      A US district court has ruled in favor of H-1B visa holders, affirming their right to legal action if their visa is revoked due to employer fraud via multiple filings. Ten Indian citizens filed the lawsuit after their visas were cancelled for similar reasons. The court recognized the beneficiaries' right to notification before revocation, addressing a procedural violation by the USCIS.

      Courts worldwide increasingly recognise climate action as a human right

      Courts globally, including India's Supreme Court and the European Court of Human Rights, are recognizing climate action as a fundamental human right. Activists are turning to courts to push governments to enact laws protecting citizens from climate change. Courts are imposing penalties and issuing directives to compel climate action, highlighting the need for stronger legal frameworks. Recent landmark verdicts emphasize balancing conservation efforts with climate change mitigation. Young people are also joining climate activism, emphasizing the urgency for action to tackle the climate crisis.

      ‘Shark Tank India’ judge Vineeta Singh slams trolls who spread fake news of her death, takes legal action

      The CEO of Sugar Cosmetics posted a screenshot of false news suggesting her demise, expressing frustration over enduring over five weeks of malicious misinformation. Despite filing a complaint with the police, the entrepreneur disclosed that she was still inundated with fake reports of her death or arrest.

      Lok Sabha Elections: Congress moves EC against Karnataka BJP chief over alleged remark on guarantee schemes

      KPCC accused BJP State President Vijayendra of attacking Siddaramaiah government's schemes, threatening to stop them if BJP loses in Karnataka post-Parliament elections. Election Commission urged to take action for fair polls.

      'Totally unacceptable...Toughest legal action will be taken': Jaishankar on Indians duped into joining Russian army

      Jaishankar vows legal action against agents deceiving Kerala students for Russia. Efforts are ongoing to repatriate Indians from the conflict zone. CBI uncovers human trafficking network exploiting victims in the Russia-Ukraine war zone.

      Provide proof or face action: Delhi BJP chief to Atishi

      Addressing a press conference, Sachdeva said that his party will take legal action against Atishi if she fails to provide proof to her claim that the BJP approached her to join it through her close friend.

      9 pirates being brought to India to face legal action, says Navy a day after rescuing 23 Pakistani crew from Iranian fishing vessel

      The Indian Navy has successfully rescued an Iranian fishing vessel and its 23-member Pakistani crew from pirates in the Arabian Sea. The nine surrendered pirates will face legal action in India under the Maritime Anti-Piracy Act, 2022. The Navy's commitment to maritime security and safety remains unwavering.

      'India Zindabad': Pakistanis raise slogan after being rescued by Indian Navy from Somali pirates

      The Indian Navy carried out a daring rescue operation in the Arabian Sea on March 29, saving 23 Pakistani nationals from Somali pirates aboard the Iranian fishing vessel Al-Kambar. The rescued crew expressed their gratitude by chanting 'India Zindabad.' The operation involved a specialist team from the Indian Navy, which protected the crew from armed pirates and ensured the vessel's safety. The crew underwent medical checkups before resuming their fishing activities. The operation demonstrates the Indian Navy's commitment to maritime security and the safety of all seafarers in the region.

      Uber pays $178 million to end legal fight with Australian taxi drivers

      A class action against Uber had been expected to go to trial in the Supreme Court of Victoria on Monday, but Maurice Blackburn Lawyers - representing 8,000 taxi and hire car drivers - said the case will be dropped because Uber agreed to the financial settlement.

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