HIGHS
SC slams forum shopping, transfers commercial lawsuit from Delhi HC to Madras HC
The Supreme Court addressed the practice of forum shopping in its recent order regarding a commercial suit. The court transferred the case from Delhi High Court to Madras High Court to ensure appropriate jurisdiction. Both parties involved in the suit were located in neighboring states of Tamil Nadu and Karnataka. The ruling emphasized the importance of having cases heard in relevant local courts.
India blocked 129 betting websites on basis of fake high court orders: Report
India's government ordered internet providers to block 129 betting websites based on fraudulent high court orders. Investigations have been initiated after it was revealed that these court orders were fake. The Rajasthan and Allahabad High Courts confirmed that the supposed orders did not exist in their records. Concerns about the authenticity of legal documents are growing due to technology advancements.
Google's expanding AI chip business opens new opportunities for Samsung, SK hynix beyond Nvidia
Google's strategy to boost its tensor processing units is likely to create greater demand for high-bandwidth memory from Samsung and SK hynix. With nearly 100 TPU clients, including Oracle ready to utilize Google's chips by 2024, both memory giants aim for long-term supply contracts as the need for HBM in custom AI chips accelerates. However, the transition from this potential to actual orders is hindered by current production obligations.
Malaysia's ex-leader Najib moved from prison to house arrest after court clears transfer
Najib Razak, Malaysia's former Prime Minister, has been transferred to house arrest from prison. He is serving a reduced six-year sentence linked to a corruption case. The transfer was approved by the Kuala Lumpur High Court following previous legal hurdles. Najib still faces a separate 15-year sentence linked to additional corruption charges that is under appeal. He maintains his innocence regarding all allegations tied to the 1MDB scandal.
Government invites fresh applications under Rs 2,700 crore medical device PLI scheme
The government is inviting new applications under the Production Linked Incentive Scheme for Medical Devices. This scheme has been extended until 2035-36 with an outlay of Rs 2,700 crore. Eligibility conditions have been simplified, and new applicants can submit multiple applications across different target segments. The revised scheme aims to enhance domestic manufacturing of high-end medical devices and improve global competitiveness.
Warren Buffett’s 7 golden rules for young investors trying to manage finances
Warren Buffett shares seven essential financial lessons for young investors, emphasising frugal living, eliminating high-interest debt, long-term investing, understanding businesses, maintaining cash reserves and portfolio diversification through his 90/10 rule. He also reminds investors that financial wealth matters less than happiness, relationships and unconditional love.
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Advocates can't be directed not to ply non-Delhi registered pre-BS-VI vehicles: HC
The Delhi High Court has granted a reprieve to advocates and judicial staff from the vehicle restrictions imposed over pollution concerns. Justice Amit Mahajan highlighted the lack of substantiated evidence connecting vehicle emissions to air quality issues since October. He acknowledged the critical need for legal representatives to attend court to maintain justice administration. The Delhi government's restrictions targeted non-BS-VI vehicles amid rising pollution levels.
Manipur HC puts census in state on hold till April 30, 2027
The Manipur High Court has kept the Census 2027 exercise in the state on hold until April 30, 2027, amid concerns over the prevailing situation. It directed the Registrar General and Census Commissioner to examine seven representations, including demands linked to the National Register of Citizens (NRC), and issue a reasoned order by the deadline.
OMCs reject Karnataka’s high-ethanol fuel claim, seek fresh tests
State-run oil marketers in India have rejected Karnataka's claims regarding excessive ethanol content in petrol sold. They argue that the state's testing procedures lack adherence to prescribed standards and were unverified. The oil companies assert that their E20 fuel adheres to Bureau of Indian Standards and undergoes strict quality checks. They highlighted that previous tests indicated compliance within the mandated ethanol blending range.
GRAP restrictions: Delhi HC directs constitution of committee on demolition of dangerous buildings
The Delhi High Court has directed the MCD commissioner to constitute a high-powered committee in consultation with Chief Minister Rekha Gupta to explore alternatives to demolition of dangerous and dilapidated buildings during GRAP restrictions. The committee will examine options such as sealing, repairs and controlled demolition to prevent building collapses and protect lives. The court's directions follow recent fatal incidents in Delhi, including the Satya Niketan and Chawri Bazaar building collapses.
Trump says renewed attacks on Iran 'highly unlikely' if talks show progress
US President Donald Trump has said renewed military action against Iran is highly unlikely if Tehran agrees to a strong nuclear deal and the reopening of the Strait of Hormuz. He also claimed Washington had identified 38 Iranian bridges for potential destruction, while Iranian officials rejected the prospect of changing Tehran's position.
Delhi sees luxury housing boom as developers bet on high-rise gated communities
The luxury real estate sector in Delhi is witnessing a notable uptick as homebuyers show heightened interest in upscale flats and secure communities. Recently, the NBCC achieved remarkable sales of luxury units in Chanakyapuri, surpassing their initial price expectations. Meanwhile, major developers such as DLF and TARC are set to unveil innovative residential projects, maximizing redevelopment opportunities in key urban areas.
LG Ladakh congratulates IAF on successful landing of IL-76MD aircraft at Nyoma airbase
Lieutenant Governor of Ladakh, Vinai Kumar Saxena congratulated the Indian Air Force (IAF) on Sunday on the successful landing of its heavy-lift IL-76MD aircraft at the newly developed Nyoma Airbase in Changthang district, describing it as a significant achievement for India’s military preparedness and forward-deployment capabilities in high-altitude regions.
Ground floor residents breathe cleaner air: Upper floors in high-rise apartments record 40% more pollution and toxic air, study finds
Residents on the ground floors of high-rise buildings may be breathing cleaner air than those living several floors above them, with upper levels recording up to 40% higher particulate pollution, a Mumbai study has found. Researchers monitoring residential towers in Wadala linked the pattern to industrial emissions and swirling wind currents around tall buildings.
India's rich turn to concierge cards for things money alone can't buy
Luxury concierge firms like Sulit Lifestyle and Lunar Tales are catering to ultra-high-net-worth clients in India. These firms focus on sourcing rare luxury items that are often hard to find. Requests for such products have significantly increased in recent years, underscoring rising demand. Clients are willing to pay substantial premiums for speed and exclusivity when acquiring these items.
High Potential Season 3 and Special Episode: Release date, time, cast, crew and where to watch
High Potential Season 3 is set to air on January 5, 2027 on ABC. New episodes will also be available on Hulu. There will be a two part special episode after Superbowl LXI on February 14, 2027. This latest season will explore what happened in the cliffhanger related to Captain Wagner and Morgan Gillory's relationship with him. It will also continue the mystery around Morgan's ex-partner and Ava's father Roman.
Gauhati High Court quashes preventive detention of Assam rights activist Pranab Doley under NSA
Doley was arrested in Guwahati on July 12 in connection with protests against a proposed luxury hotel at Inglay Pathar near Kaziranga National Park in Golaghat district. He was lodged in Golaghat district jail and secured bail from a district court on July 29. However, the state government invoked the NSA against him the following day, resulting in his continued detention.
Plea seeking Tata Sons listing filed in Bombay High Court
According to the filing before the Bombay High Court, Rohini Amin and L Ramanathan jointly filed writ petition on November 5. The petition names Tata Sons Ltd, N Chandrasekaran, Saurabh Agrawal, Harish Manwani, Anita M George, Noel Tata, Venu Srinivasan, Darius Khambata, Bhaskar Bhat and Siddharth Sharma as respondents.
Canada launches free CRS calculator to help Express Entry candidates check new high-wage points
CanadaVisa has released a free online calculator for Express Entry candidates to determine their Comprehensive Ranking System (CRS) scores following the implementation of Canada's high-wage occupation changes, effective November 3, 2026. The updated calculator factors in points for qualifying high-wage Canadian work experience or job offers, alongside other CRS factors such as age, education, language skills and employment history.
ET Wealth Expo 2026 | From HNIs to family offices, why 2026 is teaching investors the importance of de-risking: Dheeraj Gaur
Speaking on the sidelines of ET Wealth Expo 2026 in Mumbai, Gaur said the experience of 2026 has reinforced the importance of de-risking portfolios, particularly for high-net-worth investors and family offices that have built significant investable wealth over the years.
Centre supports plea to deny perks to high office holders who quit to avoid removal
The Centre has expressed support for a public interest litigation regarding constitutional functionaries and their resignation benefits. The petition aims to prevent these functionaries from retaining perks upon resigning to evade removal proceedings. Solicitor General Tushar Mehta indicated the government would respond to the petition. The plea also argues that such provisions are arbitrary and violate constitutional rights. This legal action highlights the importance of accountability among high constitutional offices.
Supreme Court asks Calcutta High Court to fast-track plea against 10 rebel TMC MLAs
The Supreme Court asked the Calcutta High Court to urgently consider a plea seeking disqualification of 10 Trinamool Congress MLAs under the anti-defection law. Declining to entertain a direct disqualification petition, the apex court allowed senior TMC leader Sovandeb Chattopadhyay to approach the high court and requested expedited consideration by a division bench.
Noida removes FAR cap on projects along 45-metre roads, paving way for high-rises
Noida’s decision to remove the maximum FAR cap for residential projects along 45-metre roads is expected to encourage high-rise development and increase housing supply. With land prices exceeding ₹200 crore per acre, developers say the move will improve project viability and land use.
SC sends Azam Khan's ED bail plea to Allahabad HC, seeks interim order on Nov 16
The Supreme Court has sent the bail petition of Azam Khan, a Samajwadi Party leader, to the Allahabad High Court. It has requested a division bench to hear the case on November 16. The court emphasizes the importance of addressing interim orders for Khan's bail plea on the same date. This transfer comes amid legal proceedings related to a money laundering case by the Enforcement Directorate.
Apple becomes world’s most valuable company with $5.1 trillion market cap as AAPL stock today hits record high after Democrats win midterm elections
Apple stock price surged more than 6% to a record high on Wednesday, lifting its market capitalization to $5.1 trillion and making it the world’s most valuable company. The rally followed Democrats’ midterm election victories and came after Apple reported stronger-than-expected quarterly revenue and earnings.
Shift Periyar statue from temple land to suitable spot: Madras High Court
Madras High Court has instructed the Thanjavur District Collector to relocate a statue of E V Ramasamy Periyar. The statue was installed on temple land without necessary permissions from the authorities. Petitioner Rama Ravikumar sought its removal as recommended by the Joint Commissioner of the HR and CE Department. The court set a four-week deadline for the removal and suitable relocation of the statue.
High Court restrains NPPA from action against AstraZeneca
The Delhi High Court has issued a temporary restraining order against the NPPA's actions toward AstraZeneca Pharma. This order remains in effect until the next hearing date, January 11. AstraZeneca has argued that its product may not fall under controlled drug prices. The NPPA has accused AstraZeneca of overcharging for the inhaler from May 2016 to November 2025. AstraZeneca denies these allegations and claims compliance with the price regulations.
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