Headlines: Pegasus Controversy Grows; The Supreme Court rules on AGR contributions
A media report said the Pegasus spy tool was found in the smartphones of Congress leader Rahul Gandhi, political strategist Prashant Kishor and two government ministers. More on this story and other titles.
Cairn Energy arbitration case: riders invoke “sovereign immunity”
For India to invoke “sovereign” or “state” immunity to protect its foreign assets, which are threatened with seizure in the escalating legal battle with Cairn Energy, may come with several cavaliers. Experts stress that the Indian government must first convince the French court that the properties or assets in question are being used to dispense the sovereign functions of the state. Read more
IT Minister Rahul Gandhi Prashant Kishor among Pegasus “targets”
The government on Monday denied allegations that it used Pegasus spyware to “compromise” some people’s phone data, but The Wire, the news portal that was part of Project Pegasus that was investigating possible espionage using the Israeli spyware in many countries released new data which revealed that IT Minister Ashwini Vaishnaw himself was on a long list of people who could have been victims. Read more
Banks again ask Supreme Court to keep inspection reports hidden
The country’s largest banks have once again called on the Supreme Court to oppose attempts to make their sensitive inspection reports public under right to information law. Inspections are carried out by the Reserve Bank of India (RBI) and even bank employees except senior management are not allowed to see them. Read more
AGR contributions cannot be recalculated: the Supreme Court reserves the order
The Supreme Court (SC) on Monday maintained its position on the government’s request for adjusted gross income (AGR) of telecommunications companies, observing that it had repeatedly stated that contributions could not be recalculated. However, he reserved the order. Three telecommunications companies – Bharti Airtel, Vodafone Idea and Tata Teleservices – had appealed to the Supreme Court to request the correction of calculation errors in the AGR application of the Department of Telecommunications (DoT). Read more
Sebi and DRI investigate certain Adani group companies for non-compliance with rules: government
While the Securities and Exchange Board of India (Sebi) is investigating some of the companies “with respect to compliance with Sebi regulations,” the Tax Intelligence Directorate (DRI) is investigating “certain entities belonging to the Adani group of companies under laws administered by it, ”said Minister of State for Finance Pankaj Chaudhary in a written response to a question.