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Delhi HC fines ₹3.34 Cr in fake surgical device scam

By Atul Krishan March 12, 2025 counterfeit medical supplies delhi high court DMK ETHICON J&J Johnson & Johnson Justice Amit Bansal kanimozhi Lall & Sethi Advocates LIGACLIP M/s Medserve medical supply chain integrity neurosurgeon New Delhi patient safety SURGICEL U.S.UAE ₹1 crore ₹2.34 crore ₹3.34 crore

The Delhi High Court has ordered those involved in distributing counterfeit Johnson & Johnson surgical products to pay ₹3.34 crore in damages. Justice Amit Bansal condemned the sale of contaminated medical supplies under J&J’s trademarks, posing serious health risks. The case unraveled an international counterfeit network linked to a Delhi-based firm, M/s Medserve. The court imposed ₹2.34 crore in compensatory damages and ₹1 crore in punitive damages, reinforcing the need to safeguard public health and medical supply chain integrity.

Markets tumble as Donald Trump's recession remarks spark global selloff.

Business

US Markets Crash Amid Donald Trump’s Recession Remarks

By Khushboo Kumari March 11, 2025 Economic Uncertainty Global Stock Plunge Investor Panic Recession Fears Stock Market Update Trump Tariff Impact US Markets Crash

Indian markets also opened lower. The Nifty 50 dropped 0.51% while the Sensex fell 0.5%.

Trump’s reciprocal tariffs set to take effect on April 2, raising concerns over their impact on India’s trade and bilateral ties.

News

Reciprocal tariffs from April 2; SBI sees limited 3-3.5% impact on exports

By Khushboo Kumari March 7, 2025 Reciprocal tariff SBI report tariffs Trump us-india relations

The report states: “Even if the U.S. imposes tariffs of 15-20%, the impact on Indian exports will be limited to 3-3.5%.

News

J&K Sees 1984 New Industries, 63710 Jobs Since 2019 : Economic Survey

By Emaad Makhdoomi March 6, 2025 46 new industrial zones Capital Investment Support CPWD Economic Survey 2024 Economic Transformation Employment opportunities GST-Linked Incentives industrial ecosystem industrial estates industrial sector expansion Interest Subvention IRCON J&K industrial growth JAMMU AND KASHMIR job creation large-scale projects manufacturing units NBCC New Central Sector Scheme (NCSS)regional development Working Capital Interest Support ₹1.63 lakh crore proposed investment

JAMMU: Jammu and Kashmir has witnessed the establishment of 1,984 manufacturing units with a cumulative investment of ₹9,606.46 crore from 2019 until December 2024, leading…

Radhika Gupta shares her inspiring journey of overcoming physical challenges, body shaming, and insecurities in an interview with Rohan Dua.

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Radhika Gupta on overcoming her neck issue: interview with Rohan Dua

By Aman Kumar Himanshu March 5, 2025 Edelweiss Mutual Fund financial leaders inspiration neck condition overcoming adversity personal challenges Radhika Gupta resilience self-acceptance transferable childhood

Radhika Gupta discusses her journey of resilience, from facing childhood challenges to becoming an inspiration in India’s financial sector, during an interview with Rohan Dua.

Radhika Gupta discusses the growing IPO market in India, the role of domestic investments, and the need for balanced investor perspectives in an insightful interview with Rohan Dua.

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Radhika Gupta talks about IPOs in India; an interview with Rohan Dua

By Aman Kumar Himanshu March 5, 2025 Edelweiss Mutual Fund equity markets financialization investor confidence IPOs in India market growth mutual funds Radhika Gupta rohan dua startup IPOs

Radhika Gupta, in conversation with Rohan Dua, highlights the evolving IPO market in India, the rise of domestic capital, and the significance of financialization for economic stability.

Radhika Gupta shares her struggles with rejection and mental health during her time at University of Pennsylvania (UPenn).

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Radhika Gupta from UPenn struggles to success : interview with Rohan Dua

By Aman Kumar Himanshu March 5, 2025 campus placements Edelweiss Mutual Fund Inspirational Stories McKinsey mental health Mental Health Awareness overcoming adversity Radhika Gupta rejection student pressure suicide prevention university of pennsylvania UPenn struggles

Radhika Gupta opens up about her struggles at UPenn, the pressures of campus placements, and how she overcame a suicide attempt with the support of her husband.

Bombay HC stays FIR against ex-SEBI chief Madhabi Puri Buch, citing lack of detailed consideration.

News

Relief for Madhabi Buch: Bombay HC stays FIR against Ex-SEBI Chief

By Khushboo Kumari March 4, 2025 Adani Case bombay high court Financial Fraud india news legal news Madhabi Puri Buch Market Regulations sebi SEBI Rules stock market

High court said the special court’s order was passed without proper details

Court orders FIR against SEBI officials over alleged stock market fraud.

Business

FIR Ordered Against Ex SEBI chief Madhabi Buch and BSE

By Khushboo Kumari March 2, 2025 AdaniHindenburg BSE MadhabiPuriBuch sebi StockMarketFraud

NEW DELHI: A Mumbai court has ordered an FIR against top SEBI officials and BSE executives. The case involves alleged stock market fraud and regulatory…

SC bars arbitrary GST arrests, allows anticipatory bail without FIR

Business

No use of “threats and coercion” by tax officials or no arrest without… : SC

By Khushboo Kumari February 27, 2025 customs laws GST laws No use of "threats and coercion" by tax officials or no arrest without... : SC Supreme Court tax officials taxpayer rights

It also clarified that individuals who believe they were coerced into paying GST unfairly can approach the Writ Court (High Court or Supreme Court) for a refund.

Business

Rohit Sharma-backed LEO1 credits 8 Cr in education fee benefits

By Khushboo Kumari February 25, 2025 Edu Fintech India Startup LEO1 rohit sharma

Under the model, parents and students can earn LEO1 Coins for making timely and advance tuition payments.

News

Fmr RBI Governor Shaktikanta Das Appointed Principal Secretary-2 to PM Modi

By Khushboo Kumari February 22, 2025 BRICS Niti Aayog pm modi RBI Shaktikanta Das

NEW DELHI: Former Reserve Bank of India (RBI) Governor Shaktikanta Das has been appointed as the Principal Secretary-2 to Prime Minister Narendra Modi. His tenure…

THE NEW INDIAN

Business

Delhi HC fines ₹3.34 Cr in fake surgical device scam

US Markets Crash Amid Donald Trump’s Recession Remarks

Reciprocal tariffs from April 2; SBI sees limited 3-3.5% impact on exports

J&K Sees 1984 New Industries, 63710 Jobs Since 2019 : Economic Survey

Radhika Gupta on overcoming her neck issue: interview with Rohan Dua

Radhika Gupta talks about IPOs in India; an interview with Rohan Dua

Radhika Gupta from UPenn struggles to success : interview with Rohan Dua

Relief for Madhabi Buch: Bombay HC stays FIR against Ex-SEBI Chief

FIR Ordered Against Ex SEBI chief Madhabi Buch and BSE

No use of “threats and coercion” by tax officials or no arrest without… : SC

Rohit Sharma-backed LEO1 credits 8 Cr in education fee benefits

Fmr RBI Governor Shaktikanta Das Appointed Principal Secretary-2 to PM Modi

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