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1. Samarth Singh's Surrender Attempt Mockery Of Judiciary: Twisha Sharma's Father

Samarth Singh's Surrender Attempt Mockery Of Judiciary: Twisha Sharma's Father Navnidhi Sharma also reiterated his demand for an immediate CBI takeover of the case.

2. Swiggy fails to secure shareholder approval to amend AoA for Indian‑owned status

Swiggy fails to secure shareholder approval to amend AoA for Indian‑owned status

Swiggy fails to secure shareholder approval to amend AoA for Indian‑owned status - Corporate & Business - 2 min read Swiggy fails to secure shareholder approval to amend AoA for Indian‑owned status Quick commerce services provider Swiggy has failed to secure the necessary per cent of shareholders' approval to alter its Articles of Association, in order to qualify as an Indian-owned and controlled company, according to an exchange filing. New Delhi, Quick commerce services provider Swiggy has failed to secure the necessary per cent of shareholders' approval to alter its Articles of Association, in order to qualify as an Indian-owned and controlled company, according to an exchange filing. The postal ballot on the proposed amendment received 72.36 per cent of votes from shareholders, missing the required threshold by 2.65 per cent, the company said. Postal ballot also sought approval for appointment of Renan De Castro Alves Pinto as a Non-Executive, Non-Independent Nominee Director which was passed with a majority vote of 98.98 per cent, the filing said. "The proposed amendment reflects our long-term commitment to ensuring management representation on the Board and advancing our transition toward becoming an Indian Owned and Controlled Company (IOCC) under applicable Indian foreign exchange laws and regulations. These remain enduring priorities for us," a spokesperson for the company said. The amendment sought changes to the board nomination framework to make it an Indian Owned and Controlled Company (IOCC) under applicable Indian foreign exchange laws and regulations, as and when the resident shareholding in the company increases beyond 50 per cent with necessary regulatory and shareholder approvals, the company said. Current FEMA rules stipulate that a company can qualify as Indian-owned and controlled only if both ownership and control rest with…

3. SEBI adopts one day per week work from home policy: Report

SEBI adopts one day per week work from home policy: Report

SEBI adopts one day per week work from home policy: Report - Regulators - 2 min read SEBI adopts one day per week work from home policy: Report The Securities and Exchange Board of India (SEBI) has reportedly introduced a 'one‑day‑a‑week work‑from‑home option' for its junior employees a fortnight after Prime Minister Narendra Modi's appeal for remote work to conserve energy. New Delhi, The Securities and Exchange Board of India (SEBI) has reportedly introduced a 'one‑day‑a‑week work‑from‑home option' for its junior employees a fortnight after Prime Minister Narendra Modi's appeal for remote work to conserve energy. The market regulator is also considering postponing internal events to cut non‑essential travel and hotel costs as part of its effort to tackle the inflationary fallout of the US-Iran war, a report Profit said citing sources. The move comes after HDFC Bank allowed two days of remote work for select staff handling treasury operations, credit underwriting, risk, transaction banking, digital banking and IT services, the report said. Similarly, HDFC Securities had also shifted to a hybrid model following PM Modi's austerity appeal. Meanwhile, Goa Tourism and IT Minister Rohan Khaunte said the state is positioning itself as a leading work‑from‑home destination in line with PM Modi's call. PM Modi had urged citizens to conserve fuel, revive work-from-home practices, limit non-essential purchases and avoid overseas vacations in order to help India navigate economic challenges arising from the ongoing geopolitical tensions. Highlighting India's dependence on imported fuel, PM Modi stressed that reducing fuel consumption would help save valuable foreign exchange reserves at a time when global energy prices were rising sharply.

4. Vedanta arm Talwandi Sabo Power faces Rs 127 cr penalty

Vedanta arm Talwandi Sabo Power faces Rs 127 cr penalty

SC ruling hits Vedanta arm TSPL with ₹127-crore penalty - Litigation - 1 min read SC ruling hits Vedanta arm TSPL with ₹127-crore penalty Talwandi Sabo Power Limited, a Vedanta subsidiary, must pay approximately ₹127 crore plus late fees after the Supreme Court overturned an earlier tribunal ruling. The apex court upheld a penalty for misdeclaring power availability in January 2017, restoring a state regulator's order. Vedanta Limited on Thursday informed stock exchanges that the Talwandi Sabo Power Limited (TSPL) has been directed to pay about ₹127 crore, along with applicable late payment surcharge, following an adverse order by the Supreme Court of India. In a regulatory filing under Regulation 30 of the SEBI Listing Regulations, Vedanta said it had received a disclosure from TSPL regarding a judgment dated May 20, 2026, passed in appeals filed by Punjab State Power Corporation Limited and the Punjab State Load Despatch Centre. The apex court set aside a March 18, 2025, ruling of the Appellate Tribunal for Electricity (APTEL) and restored the order of the Punjab State Electricity Regulatory Commission (PSERC). By doing so, the court upheld the penalty imposed on TSPL for misdeclaration of availability in January 2017 under the Grid Code, as well as the late payment surcharge. According to the disclosure, the financial impact on TSPL is estimated at approximately ₹127 crore, excluding the surcharge component payable to PSPCL. The development comes at a time when TSPL’s equity shares, issued pursuant to the demerger of Vedanta’s merchant power undertaking, are in the process of being listed on the BSE and NSE.

5. RBI slaps Rs 10.10 lakh penalty on City Union Bank, 2 more entities

RBI slaps Rs 10.10 lakh penalty on City Union Bank, 2 more entities

RBI slaps Rs 10.10 lakh penalty on City Union Bank, 2 more entities - Regulators - 1 min read RBI slaps Rs 10.10 lakh penalty on City Union Bank, 2 more entities The central bank imposed Rs 10.10 lakh monetary penalty on City Union Bank, Rs 3.10 lakh on Mintifi Finserve, and Rs 2.70 lakh on Newa Investments, the RBI said in a release. - Published On May 22, 2026 at 09:59 PM IST Mumbai, The Reserve Bank of India (RBI) on Friday said it has imposed monetary penalty on City Union Bank, Mintifi Finserve, and Newa Investments, for non-compliance with certain directions. The central bank imposed Rs 10.10 lakh monetary penalty on City Union Bank, Rs 3.10 lakh on Mintifi Finserve, and Rs 2.70 lakh on Newa Investments, the RBI said in a release. The penalty on the City Union Bank was imposed as the lender levied loan-related charges on certain agriculture advances qualifying as priority sector loans up to Rs 25,000, and it did not report self-help group member level data to credit information companies, the release said. Advt Further, monetary penalty on Newa Investments was imposed as the company did not take prior written permission of the RBI while appointing directors, which resulted in change in its management on account of change in more than 30 per cent of its directors, excluding independent directors, the RBI said in a release. - By Online Bureau, - PTI - Published On May 22, 2026 at 09:59 PM IST All Comments By commenting, you agree to the Prohibited Content Policy PostBy commenting, you agree to the Prohibited Content Policy PostFind this Comment Offensive? Choose your reason below and click on the submit button. This will alert our moderators to take actionsREASONS FOR REPORTING Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox.

1. Parvathi Nairthi (Dead) and Ors. vs. Laxmi Nairthy (Dead) through L.Rs. and Ors. (21.05.2026 - SC)(MANU/SC/0510/2026)

The Supreme Court of India addressed the dispute over the validity of a Will executed by B. Sheena Nairi, which bequeathed properties to his sister, Laxmi Nairthy, excluding his wife, Parvathi Nairthi

2. Sukhendu Bhattacharjee and Ors. vs. The State of Assam and Ors. (21.05.2026 - SC)(MANU/SC/0509/2026)

The Supreme Court of India addressed the issue of regularization of Muster Roll and Work Charged workers in Assam, focusing on whether the appellants, who were excluded from a 2005 Cabinet decision re

3. Vice Chancellor, Rajiv Gandhi National Aviation University vs. Jitendra Singh and Ors. (21.05.2026 - SC)(MANU/SC/0508/2026)

The Supreme Court of India addressed the dispute between Vice Chancellor, Rajiv Gandhi National Aviation University, and Jitendra Singh regarding the termination of Singh's services as the First Regis

4. Chetan Dashrath Gade vs. The State of Maharashtra (21.05.2026 - SC)(MANU/SC/0507/2026)

The Supreme Court of India addressed the appeal by Chetan Dashrath Gade against the State of Maharashtra, focusing on whether his conviction for murder under Section 302 IPC was justified based on cir

5. Sri vs. State Rep. by the Inspector of Police, Q Branch, Ramanathapuram, Tamil Nadu (20.05.2026 - SC)(MANU/SC/0503/2026)

The Supreme Court of India addressed the issue of mistaken identity in the case involving Sri Lankan national Ranjan, who was accused of being involved in activities to revive the banned LTTE organiza

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Certification Courses 3-Day Civil Drafting Workshop

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