Daily Newsletter | Tuesday, March 24, 2015 | | | SC verdict today on validity of Sec 66A of IT Act | | The Supreme Court will on Tuesday pass verdict on Constitutional validity of Section 66A of Information Technology Act, the controversial provision which makes posting offensive material on social networking sites an offence punishable by up to three years in jail. |
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| Higher payout for acquiring farmland: HC | | The court held that financial constraints or project cost escalations cannot be a reason to shortchange farmers and set aside a government decision to fix a multiplier factor of 1.1 on market rates even though the law says it could be double the rate. |
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| | Catholic schools plan special assembly, protest cancelled | | Catholic schools in the city will not stay shut on Wednesday and instead have a special assembly next week. Catholic groups had called for the closure to protest against the attack on a church in New Panvel and the rape of a nun in West Bengal. |
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| | | | Adani, JSW vie for Monnet Power | | Gautam Adani-led Adani Group and Sajjan Jindal-owned JSW Group are vying to buy a majority stake and take management control in Delhi-based Monnet Power from Sandeep Jajodia’s Monnet Ispat and Energy for $500 million (over Rs 3,100 crore), edging out Tata Power and an international player from the race, said sources in the know of the development. |
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| TechM, HCL eye $350m stake in Geometric | | Geometric’s principal shareholders — the Godrej family and CEO Manu Parpia — have mandated JM Financial to sell their 39% stake in the engineering solutions company, people directly familiar with the matter said. |
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| | Sakshi Tanwar in a period drama | | Best remembered as Parvati from 'Kahaani Ghar Ghar Kii', actress Sakshi Tanwar, currently seen in Code Red, is set to foray in a never-attempted-before genre — period drama. She will be seen in Vikas Gupta’s show titled Rani Mahal. |
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