Connect with us

Technology News

Entire case malafide: NewsClick seeks quashing of EOW FIR alleging foreign funding law violation | Delhi News

Published

on

[ad_1]

Seeking quashing of an FIR by the Delhi Police’s Economic Offences Wing for alleged violation of foreign funding laws, online news portal NewsClick told the Delhi High Court Tuesday that the entire case was malafide.

The EOW’s FIR was registered on August 26, 2020, under IPC sections 406 (punishment for criminal breach of trust), 420 (cheating and dishonestly inducing delivery of property), 120B (punishment of criminal conspiracy). It alleges that M/s. PPK NewsClick Studio Pvt. Ltd, the petitioner here, had received foreign direct investment of Rs 9.59 crore from M/s.Worldwide Media Holdings LLC, USA, during the financial year 2018-19 which was made by “greatly overvaluing the shares of the company to avoid the alleged cap of 26% FDI in a digital news website”.

Among various things, the FIR alleges that the petitioner company, which owns the digital portal, had violated “FDI and other laws of the country and caused a loss to the exchequer”.

On this, senior advocate Kapil Sibal, appearing for the company, argued before a single-judge bench of Justice Saurabh Banerjee, “What is the loss to the government exchequer here? I have brought in the money. I have paid salaries; these are all banking transactions and not non-banking. How is an offence under Sections 420 and 406 (IPC) made out? Who have I cheated and what is the breach of trust? The investor has given the money, but he has not filed any complaint. Nobody has said there is a breach of trust… it is a commercial transaction. Has the GOI given me any money which I have siphoned off? This is nothing but pure malafide.”

The HC was hearing the company’s 2021 plea seeking quashing of the EOW FIR, as part of a batch of pleas pertaining to probes by EOW and the Enforcement Directorate against the company.

Festive offer

Sibal said that for FDI, there are various caps on different sectors in the economy; and for print media, there was a cap of 26%, but this did not apply to digital news media.

He submitted that on January 5, 2018, the Ministry of Information and Broadcasting informed that digital news media is not included in print media and, therefore, there is no cap on the FDI in digital news media.

Sibal argued that the Reserve Bank of India had also said the company had not violated any law. He said that subsequently there was a “change in law”, wherein on September 18, 2019, the FDI policy of 26% cap was also made applicable to digital media. However, the FDI to NewsClick had already come prior to the change in law.

The FIR also alleges that over 45% of investment was diverted/siphoned off for payment of salary/consultancy, rent and other expenses. These payments are alleged to have been made for ulterior motives, as per the EOW. Sibal submitted that there had been no violation of any FDI norms.

Most Read

1
Angelo Mathews timed out; why was Sourav Ganguly not timed out even when he came out to bat once after 6 minutes?
2
Karisma Kapoor recalls Aamir Khan’s perfectionism during Andaz Apna Apna shoot: ‘He was placing the salt and pepper and fixing the plate’

“This is a completely dishonest malafide complaint filed to harass a media channel and now the poor man is sitting in jail because of these allegations. In the new (UAPA) FIR, it has been said that this money has come from China… you can’t send people to jail like this, he (Prabir Purkayastha) is a 72-year-old man. His bail is listed in SC now,” Sibal said, referring to a separate Unlawful Activities (Prevention) Act case where Purkayastha, the portal’s editor-in-chief, and HR head Amit Chakravarty were arrested following allegations that the news portal received money for pro-China propaganda.

The EOW’s counsel said the UAPA case was different from the batch of matters being heard by the HC, where Purkayastha has interim protection from any coercive action granted by the HC in an interim order dated July 7, 2021. The EOW this year filed a plea seeking vacation of this interim order.

On October 13, the HC dismissed Purkayastha and Chakravarty’s pleas challenging their arrest and remand order in the UAPA case.



[ad_2]

Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology News

Circle to Search: Share part of your screen!

Published

on

By

According to recent reports, Circle to Search, a feature introduced with the Samsung Galaxy S24 series in January 2024, might soon undergo an upgrade. Initially allowing users to copy text from selected areas, it’s now rumored to include the capability to capture and share screenshots of specific screen sections.

This enhanced functionality, observed in the latest version of Circle to Search, enables users to not only copy text but also capture and share screen images. A video shared by a tipster on X showcased this update, revealing new options of Copy and Share upon selecting an area. Even adjustments to the selected region don’t remove these options, ensuring a seamless experience. Users can either copy the image to the clipboard for further editing or share it directly through various apps.

Previously, the visual lookup feature solely facilitated text copying. While Android devices offer a three-finger swipe-down gesture for quick screenshots, it captures the entire screen, necessitating subsequent cropping. This new functionality streamlines the process, allowing users to select and share specific screen sections in just two steps.

Interestingly, Google recently addressed concerns about accidental activations of Circle to Search in a podcast featuring its developers. They acknowledged the issue and assured users of an impending fix. This indicates ongoing efforts to refine the feature for a smoother user experience.

Continue Reading

Technology News

Discounted OnePlus Nord CE 3 price in India: Check it out!

Published

on

By

The OnePlus Nord CE 3 has recently undergone another price reduction in India, marking a significant update for potential buyers. Initially introduced to the Indian market in June 2023, this smartphone received its first price adjustment in November of the same year. The base variant, featuring 8GB of RAM and 128GB of internal storage, was notably listed at a price Rs. 2,000 lower than its launch price, signaling OnePlus’s commitment to providing competitive pricing to its customers.

The OnePlus Nord CE 3 is powered by an octa-core Qualcomm Snapdragon chipset and ships with the Android 13-based operating system. It boasts a triple rear camera setup, enhancing its photography capabilities, and supports SuperVOOC charging, ensuring rapid replenishment of its battery. The inclusion of these features positions the Nord CE 3 as a compelling option for smartphone enthusiasts seeking a balance between performance, affordability, and innovation.

The recent unveiling of the OnePlus Nord CE 4 in India marks the continuation of OnePlus’s commitment to delivering cutting-edge technology to its users. Serving as the successor to the Nord CE 3, the Nord CE 4 is expected to build upon the strengths of its predecessor while introducing new enhancements and features to further elevate the user experience.

When considering the revised pricing of the OnePlus Nord CE 3, it’s evident that OnePlus aims to make its devices more accessible to a wider audience. The reduction in price, particularly on platforms like Amazon and the OnePlus India website, presents an opportunity for consumers to acquire a high-quality smartphone at a more affordable rate.

Let’s delve deeper into the specifications and features of the OnePlus Nord CE 3 to understand its capabilities and appeal to potential buyers.

OnePlus Nord CE 3 Price in India (Revised)

The base variant of the OnePlus Nord CE 3, featuring 8GB of RAM and 128GB of internal storage, was initially launched in India at Rs. 26,999. Following its first price cut in November, the price was reduced to Rs. 24,999. Now, the same variant is available on Amazon at Rs. 22,990, representing a Rs. 2,009 reduction from its previous price. Furthermore, customers can benefit from an additional flat Rs. 2,000 instant discount on ICICI and HDFC Bank cards, bringing the effective price down to Rs. 20,990.

On the OnePlus India website, the 8GB + 128GB variant is priced at Rs. 22,999, marking a Rs. 2,000 decrease from the November price of Rs. 24,999. It is worth noting that this discount is exclusively applicable to the 128GB model, as the higher-end 256GB variant is currently listed as out of stock.

OnePlus Nord CE 3 Specifications and Features

Display:

The OnePlus Nord CE 3 boasts a 6.7-inch full-HD+ fluid AMOLED display with a resolution of 1,080 x 2,412 pixels. With a refresh rate of up to 120Hz, users can enjoy smooth and fluid visuals, enhancing their overall viewing experience.

Processor and Performance:

Powered by the Qualcomm Snapdragon 782G SoC, the OnePlus Nord CE 3 delivers robust performance and efficient multitasking capabilities. With up to 12GB of RAM and up to 256GB of onboard storage, users can seamlessly navigate between apps and store their multimedia content with ease.

Operating System:

The smartphone ships with Android 13-based OxygenOS 13.1, providing users with a clean and intuitive user interface coupled with a plethora of customization options. OxygenOS is known for its smooth performance and timely software updates, ensuring that users stay up-to-date with the latest features and security patches.

Camera:

The OnePlus Nord CE 3 features a versatile camera setup, comprising a 50-megapixel primary sensor with optical image stabilization (OIS) and electronic image stabilization (EIS) support. Accompanying this primary sensor is an 8-megapixel sensor with an ultra-wide-angle lens and a 2-megapixel macro shooter, allowing users to capture a wide range of subjects with stunning detail and clarity. On the front, the device houses a 16-megapixel sensor for high-quality selfies and video calls.

Battery and Charging:

Equipped with a robust 5,000mAh battery, the OnePlus Nord CE 3 offers ample battery life to power through a full day of usage. Additionally, the device supports 80W wired SuperVOOC charging, enabling users to quickly replenish the battery and minimize downtime.

Connectivity:

The OnePlus Nord CE 3 supports a comprehensive range of connectivity options, including 5G, 4G LTE, Wi-Fi, Bluetooth 5.2, NFC, GPS, and USB Type-C. Whether it’s streaming multimedia content, browsing the web, or staying connected with friends and family, users can rely on the Nord CE 3 to deliver seamless connectivity and performance.

Security:

For enhanced security, the OnePlus Nord CE 3 features an in-display fingerprint sensor, allowing users to conveniently unlock their device with a simple touch. This biometric authentication method adds an extra layer of protection to safeguard sensitive data and personal information.

Conclusion

In conclusion, the OnePlus Nord CE 3 offers a compelling combination of performance, affordability, and innovation, making it an attractive choice for smartphone enthusiasts in India. With its recent price reduction and competitive specifications, the Nord CE 3 presents a compelling value proposition for consumers seeking a high-quality smartphone experience without breaking the bank. As OnePlus continues to innovate and introduce new features with each iteration, the Nord CE 3 stands as a testament to the company’s commitment to delivering exceptional devices tailored to the needs of its users.

Continue Reading

Technology News

Namma Yatri launches cab service in Bengaluru

Published

on

By

In its largest market, Bengaluru, ride-hailing company Namma Yatri has expanded its services to include cab-hailing, marking a significant shift from its previous focus on auto rickshaws. Namma Yatri, known for pioneering a daily subscription model as opposed to the commission-based model utilized by competitors like Ola and Uber, had initially concentrated on auto rickshaws in Bengaluru. However, it now features a distinct section on its app dedicated to booking cabs in the city. Additionally, Namma Yatri already provides cab rides in Kochi and Kolkata.

The decision to venture into cab services follows Namma Yatri’s separation from its former parent company, Justpay, and comes on the heels of a reported expansion plan announced on April 1st. The move also aligns with the broader trend observed in the industry, as both Ola and Uber have recently introduced subscription-based plans for auto-rickshaw drivers on their platforms. This strategic shift towards subscription-based models, akin to Namma Yatri’s approach, as well as that of Rapido, highlights a growing preference within the industry for alternative pricing structures beyond traditional booking fees or commissions.

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.