The gold is part of 400.47 kg in bullion and ornaments confiscated by the CBI when it carried out searches at the office of Surana Corporation Ltd in Chennai in 2012.
The proceedings were initiated against Karti and his wife for alleged non-disclosure of cash transactions of about Rs 7 crore which they received through the sale of their land.
Perarivalan was a teenage sympathiser of LTTE when he was arrested 29 years ago for being a part of the group’s conspiracy to kill former PM Rajiv Gandhi.
On 18 August, Madras HC had rejected the plea of the mining giant seeking to reopen its copper plant in Tuticorin, which has been shut since May 2018 over pollution concerns.
Madras HC notes the difference in political reactions to the two cases. It also asks Tamil Nadu govt's response on enacting law similar to Maharashtra Control of Organised Crimes Act.
The Madras HC was hearing a suit filed by a Chennai firm which claimed it owned the 'Coronil' trademark since 1993. The court also noted Patanjali's drug was not a Covid cure.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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