Try GOLD - Free

Supreme Court Suspends Former TN Minister Ponmudi's Conviction And Sentence In DA Case

The Business Guardian

|

March 13, 2024

The Supreme Court K Ponmudi@Deivasigamani v. The State of Tamil Nadu observed and has suspended the conviction and the 3-year sentence awarded to former Tamil Nadu Higher Education Minister K Ponmudi in a disproportionate assets case.

The bench comprising of Justice Abhay S Oka and Justice Ujjal Bhuyan in the case observed and has directed that the appellant shall be enlarged on bail by the Special Court on appropriate terms and conditions.

The bench directed that Ponmudi shall appear before the Special Court and complete the bail formalities within a period of 1 month.

Adding to it, the court stated that till the time these formalities are completed, the order granting exemption from surrendering will continue to operate.

The court in the case observed and has suspended the sentence of Ponmudi's wife Visalatchi but refused to suspend her conviction.

MORE STORIES FROM The Business Guardian

The Business Guardian

The Business Guardian

COURT NOTES CENTRE'S LABOUR CODE PLEDGE

Assuring itself that no legal vacuum will be allowed during the shift to the new labour law framework, the Delhi High Court has recently said it trusts the Central government to ensure a seamless transition from the old regime to the Industrial Relations Code, 2020.

time to read

1 mins

December 14, 2025

The Business Guardian

The Business Guardian

DoP partners BSE to expand Mutual Fund access across India

The Department of Posts (DoP), Ministry of Communications and the stock exchange BSE signed a Memorandum of Understanding (MoU) in line with the Budget 2025-26 announcement, which emphasised leveraging India Post's vast postal network as a catalyst for economic activity in rural and semi-urban regions.

time to read

1 mins

December 14, 2025

The Business Guardian

The Business Guardian

INDIA RETAIL INFLATION TO AVERAGE 2.5% IN 2025-26 FISCAL

As the base effect on food fades, headline Consumer Price Index or retail inflation is likely to edge up slightly to average at 2.5 per cent this financial year 2025-26, Crisil has asserted.

time to read

1 mins

December 14, 2025

The Business Guardian

The Business Guardian

Court hands double life term for step-daughter rape

The District and Sessions Court of Indore has sentenced an accused of raping his stepdaughter to double life imprisonment under relevant sections of the Protection of Children from Sexual Offences (POCSO) Act.

time to read

1 mins

December 14, 2025

The Business Guardian

The Business Guardian

Nvidia eyes higher H200 chip output

Nvidia has told Chinese clients it is evaluating adding production capacity for its powerful H200 AI chips after orders exceeded its current output level, according to two sources briefed on the matter.

time to read

1 min

December 14, 2025

The Business Guardian

The Business Guardian

TARIFFS HAVE COST EACH U.S. HOUSEHOLD $1,200

Sweeping taxes on imports have cost the average American household nearly $1,200 since Donald Trump returned to the White House this year, according to calculations by Democrats on Congress’ Joint Economic Committee.

time to read

2 mins

December 14, 2025

The Business Guardian

The Business Guardian

CTA APPARELS HAILS INDIA-EU FTA PROGRESS

Indian garment manufacturer CTA Apparels has applauded the Government of India's encouraging progress on the India-EU Free Trade Agreement (FTA), with the blueprint now in advanced stages.

time to read

1 mins

December 14, 2025

The Business Guardian

The Business Guardian

GST reforms may reduce retail inflation by 35 basis points

The decline in Consumer Price Index (CPI) or retail inflation due to massive GST rate rationalisation has been around 25 bps so far in the September-November 2025 period, according to estimates put forth by SBI Research.

time to read

1 min

December 14, 2025

The Business Guardian

The Business Guardian

Shiprocket files updated IPO papers, eyes Rs 2,342 cr issue

Temasek-backed e-commerce enablement platform Shiprocket has filed updated draft papers with markets regulator Sebi to raise a little over Rs 2,342 crore through its initial public offering (IPO).

time to read

1 mins

December 14, 2025

The Business Guardian

The Business Guardian

Sense of relief: Zubeen's uncle on SIT charge-sheet

Late singer Zubeen Garg’s uncle Manoj Borthakur felt “a sense of relief” after the Special Investigation Team (SIT) of Assam Police filed a 12,000-page chargesheet on Friday regarding the investigation of the singer's demise.

time to read

1 mins

December 14, 2025

Listen

Translate

Share

-
+

Change font size