English हिन्दी
Connect with us

India News

SC holds Anil Ambani guilty of contempt, give month to pay dues to Ericsson or face jail

Published

on

[vc_row][vc_column][vc_column_text]Reliance Communications (RCom) chairman Anil Ambani and two directors in his company were today (Wednesday, Feb 20) held guilty of contempt by the Supreme Court for failing to pay Rs 550 crore dues owed to Swedish telecom giant Ericsson despite court orders and their undertaking to the court.

A bench of justices RF Nariman and Vineet Saran asked Ambani and the two directors to pay Rs 453 crore to Ericsson within four weeks, failing which they would face three months’ jail term.

The court also imposed a fine of Rs 1 crore each on them and if the amount is not deposited within a month, then 1-month jail will be awarded. The other two directors are Reliance Telecom chairman Satish Seth and Reliance Infratel chairperson Chhaya Virani.

It directed that Rs 118 crore already deposited by Reliance Group in the apex court’s registry be disbursed to Ericsson within a week.

The Court further held that the unconditional apology given by Reliance cannot be accepted, in light of its cavalier attitude towards the highest Court of the land.

RCom shares price dropped as much as 9.2 per cent to Rs 5.45 after the court order.

The court had reserved its judgment last week after hearing the two sides, during which senior advocate Dushyant Dave, representing Ericsson India in the case, had invoked the Rafale deal to target Ambani.

“They have money for Rafale. Somebody who is getting involved in every conceivable project has no money to pay Rs 550 crore to us and honour this Court’s order,” he told the bench. This was opposed vehemently by senior advocate Mukul Rohatgi, representing Anil Ambani

“To say that Anil Ambani gave a personal undertaking and that it was unconditional is a travesty of justice … It was conditional,” Rohatgi said. Rohatgi told the bench that the sale which was expected to net Rs 18,100 crore brought in only Rs 780 crore.

Dave submitted that this money from the sale was given to the Department of Telecommunications instead of Ericsson. Rohatgi replied that lenders had done this to keep the telecom licence alive as without that, there would be nothing.

He told the top court that with the failure of its assets sale deal with elder brother Mukesh Ambani-led Reliance Jio, Anil Ambani’s company has entered insolvency proceedings and is not in control of the funds.

RCom had told the court they had tried to move “heaven and earth” to ensure Ericsson gets its due but was unable to do so due to failure of assets sale deal with Jio.

However, the Supreme Court Bench slammed Ambani for his “cavalier attitude” and “wilful disobedience” of the court’s earlier orders to pay the dues Reliance Communication owed to Swedish telecom Ericsson company.

The court said it wasn’t sending Ambani to jail straight away, despite finding him guilty of contempt and willful disobedience of its orders because the bench felt that “the contempt can be purged by clearing the payments with interest.”

CJI Gogoi sacks two SC officials for changing order on contempt case against Anil Ambani

The Bench dismissed their “unconditional apology” for disobeying the orders of the highest court of the country.

“RCom had no intention to abide with the undertakings… Undertakings were false to the knowledge of the RCom and group companies. This amounts to contempt of court,” Justice Nariman said while reading out the judgment.

The contempt petition was filed by Ericsson, contending that Reliance had committed gross contempt by disobeying orders of the Supreme Court, which had directed it to pay Rs. 550 crores to Ericsson towards settlement of dues.

On August 3, the Supreme Court had ordered that the payment of Rs. 550 crore be made on or before September 30.

Subsequently, Reliance sought an extension of time for making the payment, which was allowed by the Supreme Court. On October 23, the Court said that as a “last opportunity”, it will allow Reliance to make the payment along with interest before December 15, 2018.

Before the expiry of the said date, Reliance once again filed an application for extension of the deadline, but the same was withdrawn on December 14 after it realized that the Court was not inclined to entertain the application.

Ericsson thereafter sought the initiation of contempt proceedings against Reliance Communications and Anil Ambani for violation of the Supreme Court orders of August 3 and October 23.

In the petition filed through advocate Bhargava V Desai, Ericsson had prayed that Anil Ambani, Chairperson of Reliance Communications, be detained in civil prison till the dues along with interest are cleared.[/vc_column_text][/vc_column][/vc_row]

India News

Maharashtra MLC Polls: MVA finalizes 15 seats, tussle remains over two key constituencies

The Maha Vikas Aghadi has ironed out differences across 15 Maharashtra Legislative Council seats, leaving Nashik and Nanded as the final points of contention between Congress and Shiv Sena (UBT).

Published

on

The Maha Vikas Aghadi (MVA) coalition, which includes Congress, Shiv Sena (Uddhav Balasaheb Thackeray), and the Nationalist Congress Party (Sharadchandra Pawar), has successfully reached a seat-sharing understanding for 15 out of 17 seats in the upcoming Maharashtra Legislative Council elections. While a major breakthrough has been achieved, the alliance is currently witnessing a stalemate over Nashik and Nanded, as multiple constituent partners assert their presence in these regions.

According to sources, the distribution plan was designed to prevent internal rifts by respecting the geographic and organizational strongholds of each party.

Congress secures maximum share of seats

Under the initial draft layout, Congress has come out as the largest stakeholder with seven seats in its quota. The party has been assigned constituencies across northern Maharashtra, western Maharashtra, and Vidarbha, where its ground-level network remains sturdy.

The locations likely allocated to Congress feature Solapur, Chandrapur, Yavatmal, Bhandara, Dharashiv, Amravati, and Ahilyanagar. To gear up for the electoral challenge, state party president Harshvardhan Sapkal has already designated senior leaders to observe and coordinate at the constituency level.

Five seats assigned to Uddhav Thackeray faction

The Uddhav Thackeray-led Shiv Sena (UBT) has been allotted five seats under the proposed arrangement, focusing its reach on the Konkan region and Marathwada. The seats projected for the party encompass Chhatrapati Sambhajinagar, Jalgaon, Hingoli, Raigad, and Parbhani.

Concurrently, the Sharad Pawar-led NCP faction is expected to field its candidates from three constituencies: Thane, Pune, and the joint Satara-Sangli seat. Even though Thane has been known as a core stronghold of the traditional Shiv Sena, evolving dynamics inside state politics led to this assignment during discussions.

Stalemate over two key constituencies

Despite finding common ground on most locations, Nashik and Nanded continue to be sources of disagreement. Media reports show that both Congress and Shiv Sena (UBT) want the Nashik seat, pointing to their local machinery. On the other hand, Nanded has traditionally stayed a bastion for Congress, but shifting political landscapes have led to claims from alliance partners too.

Leaders from the opposition have stressed that their core objective is to challenge the ruling Mahayuti coalition and prevent votes from splitting through friendly contests. Senior members are expected to hold more rounds of talks over the coming days to untangle the deadlock.

Ruling alliance formula takes shape

Sources close to the matter suggest that the ruling Mahayuti coalition has also neared completion of its election blueprint. Under their anticipated plan, the Ajit Pawar-led NCP faction might contest Pune and Raigad, whereas the Eknath Shinde-led Shiv Sena is tipped to take over Nashik, Thane, Parbhani, and Yavatmal. The remaining council seats are expected to be contested by the BJP.

Political experts are keeping a sharp watch on prospective inner rebellion inside the ruling camp, especially in regions like Nashik and Chhatrapati Sambhajinagar, where disgruntled figures might look to explore options alongside independent candidates.

Continue Reading

Auto

2026 Tata Tiago facelift launched in India at Rs 4.69 lakh with sharper design and segment-first features

Tata Motors has launched the 2026 Tiago facelift in India with prices starting at Rs 4.69 lakh (ex-showroom). The updated hatchback features a sharper exterior, dual-tone interiors, a 360-degree camera, and multiple powertrain options.

Published

on

Tata Motors has officially launched the 2026 Tiago facelift in India, introducing a comprehensive design overhaul, a heavily updated cabin, and a substantially longer feature list. The updated hatchback enters the market at a starting price of Rs 4.69 lakh (ex-showroom) and is being offered across six distinct variants, stretching up to Rs 8.55 lakh for the top-tier trim.

Sharper and edgier exterior design

Moving away from the familiar rounded contours of the outgoing model, the 2026 vehicle adopts a much sharper and edgier form language. The front fascia is headlined by sleek rectangular LED headlamps integrated with eyebrow-style LED daytime running lights (DRLs), giving the car a more modern and premium aesthetic. Media reports indicate that the traditional chrome strip across the grille has been removed to create a cleaner look.

The front bumper undergoes a complete redesign, featuring enlarged air intakes alongside pixel-style LED fog lamps nestled within prominent black surrounds. While the side profile retains the silhouette of its predecessor, the addition of black cladding around the wheel arches introduces a subtle, rugged touch. The hatchback is available in six unique body color options: Varanasi Vibrance, Pangong Pulse, Sobo Surge, Pristine White, Pure Gray, and Daytona Gray.

Revamped cabin and segment-first premium upgrades

Inside, the cabin receives significant alterations aimed at elevating the overall user experience. The older all-black layout is replaced by a sophisticated dual-tone light grey and black color theme that makes the interior space appear more airy and expansive. Gloss-black accents are applied generously across the center console, steering wheel, and door trims.

A major highlight inside the vehicle is the inclusion of a standalone, free-standing digital driver’s display, which replaces the older analogue instrument setup. Additionally, the center console features dual wireless phone chargers—making it a standout option within this vehicle segment.

Enhanced tech, comfort, and safety features

The updated hatchback comes equipped with a larger 10.25-inch touchscreen infotainment display that supports wireless Android Auto and Apple CarPlay. Comfort and utility are enhanced via a chunky steering wheel with mounted cruise and audio controls, a 4-speaker sound system, automatic climate control, rear AC vents, Type-C charging ports, ambient lighting, and auto-folding outside rearview mirrors (ORVMs).

In terms of technology and safety, a major segment-first addition comes in the form of a 360-degree camera system utilizing cameras on the front bumper and ORVMs. This setup is further augmented by a blind view monitor. Standard safety equipment includes six airbags, electronic stability control (ESC), hill hold control, anti-lock braking system (ABS) with electronic brakeforce distribution (EBD), a tyre pressure monitoring system (TPMS), rear parking sensors, and ISOFIX child seat anchorages.

Proven powertrain options

The mechanical performance of the vehicle continues to rely on its reliable engine configurations. Buyers can choose between a standard 1.2-litre naturally aspirated petrol motor generating 86 PS and 113 Nm of torque, or a bi-fuel petrol+CNG option producing 86 PS in petrol mode and 73.4 PS / 95 Nm when running on CNG. Transmission duties are handled by either a 5-speed manual gearbox or a 5-speed automated manual transmission (AMT), which is available across both the petrol and CNG variants.

Continue Reading

India News

Strong winds, rain bring relief from heatwave in Delhi-NCR as IMD forecasts more weather changes

Delhi-NCR witnesses relief from intense heatwave as rain, thunderstorms and strong winds lower temperatures, while IMD predicts more unstable weather ahead.

Published

on

Delhi weather update

Delhi-NCR has finally received a breather from the intense heatwave conditions, as strong winds, thunderstorms and intermittent rainfall swept across parts of the region. According to the weather department, the shift is linked to changing atmospheric conditions, with more unstable weather expected in the coming days.

Rain and thunderstorms ease severe heat conditions

Several parts of Delhi and adjoining NCR cities witnessed rain showers and dust storms, bringing a noticeable drop in temperature after days of scorching heat. Gusty winds accompanied the weather change, with some areas reporting wind speeds strong enough to disrupt daily movement and transport activity.

The sudden weather shift provided temporary relief to residents who had been facing extreme daytime temperatures hovering in the mid-40s Celsius during the peak of the heatwave spell.

IMD forecasts continued weather volatility

The India Meteorological Department (IMD) has indicated that this relief may not be short-lived. A western disturbance and moisture incursion are expected to keep weather conditions unstable across northwest India, including Delhi-NCR.

Forecasts suggest the possibility of more thunderstorms, dust storms, and intermittent rainfall over the next few days. Some regions may also witness hailstorms and strong surface winds, indicating highly variable weather conditions.

Temperature likely to drop further

Meteorological updates suggest that maximum temperatures may gradually ease by a few degrees as rain and cloud cover persist. In some forecasts, a drop of around 2–3°C is expected, offering partial respite from the prolonged heatwave conditions.

However, officials have cautioned that heatwave-like conditions may still persist in short intervals, depending on local atmospheric shifts.

Advisory for residents

Authorities have advised residents to remain cautious during periods of thunderstorms and strong winds, as these conditions can lead to reduced visibility, traffic disruptions, and temporary power fluctuations.

People have been urged to stay updated with official weather alerts, avoid unnecessary travel during intense storm activity, and take precautions against lightning and gusty winds.

Continue Reading

Trending

© Copyright 2022 APNLIVE.com