-The Hindu The new Constitution Bench will sit for the first time on October 14. Over 60 years after an eight-judge Bench declared that Right to Privacy is not a fundamental right, the Supreme Court on Thursday decided to set up another Constitution Bench to re-look the question in the light of raging controversy that the Aadhaar card scheme is an invasion into citizen's privacy. In 1954, the Supreme Court Bench led by...
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Market regulator, central bank move SC on Aadhaar
-Business Standard Seek relaxation of order restricting Aadhaar usage in PDS and LPG subsidies The Securities Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) on Tuesday moved the Supreme Court for modification of the apex court's order on Aadhaar, issued in August. The two regulators sought relaxation of the order, which stated the unique identity card should not be insisted upon except for public distribution scheme (PDS) items...
More »EC wants tabs on netas' dodgy deals -Pradeep Thakur
-The Times of India NEW DELHI: The Election Commission (EC) has written to the Financial Intelligence Unit (FIU) to keep tabs on all suspicious transactions of politicians, especially those contesting elections, and report them to enforcement agencies for investigation. The directive to the FIU is a bid to cleanse elections of illicit money use. The FIU is also preparing dossiers on asset details of all candidates contesting Lok Sabha and assembly polls,...
More »Reliance Industries unit fined Rs. 11 crore for insider trading
-Reuters Mumbai: The Securities and Exchange Board of India (Sebi) has fined a unit of energy conglomerate Reliance Industries Ltd Rs. 11 crore over a 2007 insider trading case. The company, Reliance Petroinvestments Ltd, has 45 days to pay the fine, the Sebi said in its ruling published late on Thursday. The regulator said Reliance Petroinvestments made a profit of Rs. 3.83 crore through several trades between February and March 2007 that were...
More »The curious case of 5,984 Kalawatis in Sahara list -Appu Esthose Suresh
-The Indian Express By May 2, Sahara India Real Estate Corporation Ltd (SIRECL) has to prove the "genuineness" of all its investors to the Supreme Court. It has a difficult task on its hands: the name ‘Kalawati' figures 5,984 times on that list, same names appear against different locations, and geography takes a giant leap with ‘Jaipur Nagpur Maharashtra' and ‘187 Aurangabad Lucknow UP' mentioned as addresses. SIRECL had given the list...
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