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Delhi High Court Issues Notice to Centre on PIL Against Drone Federation of India Over Alleged Forgery Court Issues Notice to Centre The Delhi High Court on Wednesday expressed displeasure with the Ministry of Corporate Affairs (MCA) and Directorate General of Civil Aviation (DGCA) while issuing notice on a public interest litigation (PIL) filed against the Drone Federation of India over allegations of forgery. The bench led by Chief Justice Devendra Kumar Upadhyay , also comprising Justice Tushar Rao Gedela , orally remarked that the DGCA should have filed a complaint and registered an FIR regarding the forgery . DGCA, MCA Directed to Submit Reports The court also directed DGCA, MCA, and other authorities to submit separate reports on the status of the investigation. The matter is scheduled for a detailed hearing on March 19, 2025 . The bench also questioned how a private entity could present itself as a government organisation . Government Response & Alleged Forgery Durin...

Hindenburg Alleges SEBI Chairperson and Husband Had Hidden Stakes in Offshore Funds Linked to Adani Scandal On August 10, 2024, Hindenburg Research, a US-based hedge fund, dropped a bombshell with its latest report, accusing SEBI Chairperson Madhabi Buch and her husband, Dhaval Buch, of having hidden stakes in offshore entities linked to the Adani money siphoning scandal. This revelation comes amidst ongoing scrutiny of the Adani Group's financial practices and raises serious questions about regulatory oversight in India. Allegations by Hindenburg Research Hindenburg Research's report alleges that Madhabi Buch and Dhaval Buch had investments in obscure offshore funds based in Bermuda and Mauritius. These funds, according to the report, are intricately linked to Vinod Adani, who is allegedly involved in the Adani Group's financial irregularities. The report cites whistleblower documents and claims that the Buchs' investments were made through IPE Plus Fund 1, an entity w...

Aviation Ministry Seeks Explanation from Vistara Over Flight Disruptions Amidst a surge in flight cancellations and delays by Vistara Airlines, the Ministry of Civil Aviation (MoCA) has taken action by requesting a comprehensive report from the airline regarding the disruptions. Over the past week, Vistara's operations have been significantly affected, leading to widespread inconvenience for passengers and prompting a flood of complaints to the aviation ministry. Operational Issues Prompt Ministry's Response The MoCA's directive to Vistara follows the airline's acknowledgment of various operational challenges, including crew unavailability, as the primary reasons behind the disruptions. With more than 100 flights affected, Vistara has been instructed to provide detailed insights into the root causes of the cancellations and delays, highlighting the urgency of the situation. Vistara's Response and Mitigation Measures In response to the ministry's directive, Vista...