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New Delhi: The Delhi High Court asked Fortis Healthcare Ltd (FHL) why it should not be held responsible for allowing “shares to slip away,” making clear that liability in the case cannot be deflected onto a third party.The shares in question are those of FHL that used to be held by brothers Malvinder and Shivinder Singh, former promoters, and alleged to have been sold off in a series of transactions while the arbitration award against them was being pursued. “FHL should have stopped (it) at the time shares were sold. By letting the shares slip away, you are liable,” justice…

The unofficial start of the summer travel season marks a major test for consumers and the economy. And the pressures on consumers caused by higher gas prices are about to get worse, experts say. Source link

Mumbai: Bank economists have conveyed to the Reserve Bank of India (RBI) that interest rate hikes would be necessary in the second half of the financial year to contain the second-round impact of the West Asia conflict and maintain stability. Most economists were of the view that the central bank need not increase its benchmark repo rate in the June policy review.The closed-door pre-policy consultative meeting on Thursday was held against the backdrop of a prolonged Iran War, high crude oil prices and heightened inflationary pressures.”Markets are likely to increasingly price in the likelihood of a hike, especially if the…

There’s nothing like a home-invasion suspense thriller to provide a change of pace in the Cannes competition, and Léa Mysius’s film – adapted from the French bestseller Histoires de la Nuit by Laurent Mauvignier – isn’t at all bad, although it runs out of narrative steam in the third act and one particular shock-twist appears to unshock and untwist itself. Yet the film certainly delivers some sinister rural strangeness in the France profonde countryside and some gonzo shootouts; plus there is a ripe turn from Benoît Magimel, who with every film seems to morph further into a cross between Gérard…

The U.S. Marine Corps is testing new ways to combine low-cost drones with traditional aircraft, having recently paired a UH-1Y Venom helicopter with an attack drone in a recent Southern California exercise. During the test, Marines launched a Neros Archer first-person-view, or FPV, drone from the ground before transferring control to operators aboard a helicopter orbiting miles away, the Corps announced in a statement last week, saying that the move was a step towards integrating inexpensive drones into aviation operations. The goal, according to the release, was to see if aircraft like the UH-1Y Venom and AH-1Z Viper could extend…

SRINAGAR: BJP launched Friday a poster campaign targeting Omar Abdullah while he is reportedly on a private visit to London, describing the J&K chief minister as “missing” and seeking “information about his whereabouts”.The posters were shared on J&K BJP’s official social media handles and circulated on WhatsApp. The posters say the “missing person holds the office of CM” and has not been seen for 10 days. Omar’s National Conference (NC) dismissed the campaign as something unworthy of a response.They posters claim Omar was last seen on May 11 while laying the foundation for restoration of the Mughal-era Malshahi Mosque in…

NEWYou can now listen to Fox News articles! A California man who brutally murdered his aunt amid tensions over a clogged toilet in their home, and then said the killing reminded him of carving Play-Doh, was sentenced to 25 years to life in prison this week following a courtroom outburst directed at his relatives.In April, Christopher Kaulaity was found guilty of the Dec. 7, 2024, death of Maria Carmen Torrez and to using a deadly weapon during the crime; however, a jury subsequently rejected his insanity claim.Kaulaity recalled the killing when questioned by investigators, according to court documents.”It kind of…

A sharp-eyed satellite captured an amazing photo of SpaceX’s first Starship V3 megarocket on the pad Thursday (May 21), just before it was supposed to lift off.SpaceX aimed to launch Starship V3 — the biggest and most powerful version of the megarocket yet — for the first time ever on Thursday (May 21), from the company’s Starbase site in South Texas.An eye in the sky was on hand to chronicle the moment — one of Vantor’s WorldView Legion satellites, which snapped a great shot of the 408-foot-tall (124.4-meter-tall) rocket from low Earth orbit. You may like In a few minutes,…

Adam Copeland shocked the world when he joined AEW following his WWE exit. He has now explained the reason behind his decision. Adam Copeland is one of the most well-known professional wrestlers in the world. He wrestled for the WWE for several years, where he made a name for himself as one of the top heels in the company. However, after returning from his first retirement, the Rated R Superstar wasn’t able to reach the same level of success. He shocked the world when he joined AEW a few years ago. This was surprising since many people believed that he…

Early units of the Rivian R2 will not be equipped with lidar. This has caused a bit of a debate between early adopters: buy early and get the car first, or wait for the newest tech? Rivian’s leadership says that buyers won’t notice the difference between the two “for some time.” Rivian’s upcoming R2 is all the range right now. The automaker has the potential to poach a ton of buyers already in the EV space, including Tesla buyers who want to try something new. But a lot of those Tesla owners have technological PTSD and fear that being an…