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By:

Quaid Najmi

4 January 2025 at 3:26:24 pm

YouTuber challenges FIR, LoC in HC

Mumbai : The Bombay High Court issued notice to the state government on a petition filed by UK-based medico and YouTuber, Dr. Sangram Patil, seeking to quash a Mumbai Police FIR and revoking a Look Out Circular in a criminal case lodged against him, on Thursday.   Justice Ashwin D. Bhobe, who heard the matter with preliminary submissions from both sides, sought a response from the state government and posted the matter for Feb. 4.   Maharashtra Advocate-General Milind Sathe informed the court...

YouTuber challenges FIR, LoC in HC

Mumbai : The Bombay High Court issued notice to the state government on a petition filed by UK-based medico and YouTuber, Dr. Sangram Patil, seeking to quash a Mumbai Police FIR and revoking a Look Out Circular in a criminal case lodged against him, on Thursday.   Justice Ashwin D. Bhobe, who heard the matter with preliminary submissions from both sides, sought a response from the state government and posted the matter for Feb. 4.   Maharashtra Advocate-General Milind Sathe informed the court that the state would file its reply within a week in the matter.   Indian-origin Dr. Patil, hailing from Jalgaon, is facing a criminal case here for posting allegedly objectionable content involving Bharatiya Janata Party leaders on social media.   After his posts on a FB page, ‘Shehar Vikas Aghadi’, a Mumbai BJP media cell functionary lodged a criminal complaint following which the NM Joshi Marg Police registered a FIR (Dec. 18, 2025) and subsequently issued a LoC against Dr. Patil, restricting his travels.   The complainant Nikhil Bhamre filed the complaint in December 2025, contending that Dr. Patil on Dec. 14 posted offensive content intended to spread ‘disinformation and falsehoods’ about the BJP and its leaders, including Prime Minister Narendra Modi.   Among others, the police invoked BNSS Sec. 353(2) that attracts a 3-year jail term for publishing or circulating statements or rumours through electronic media with intent to promote enmity or hatred between communities.   Based on the FIR, Dr. Patil was detained and questioned for 15 hours when he arrived with his wife from London at Chhatrapati Shivaji Maharaj International Airport (Jan. 10), and again prevented from returning to Manchester, UK on Jan. 19 in view of the ongoing investigations.   On Wednesday (Jan. 21) Dr. Patil recorded his statement before the Mumbai Police and now he has moved the high court. Besides seeking quashing of the FIR and the LoC, he has sought removal of his name from the database imposing restrictions on his international travels.   Through his Senior Advocate Sudeep Pasbola, the medico has sought interim relief in the form of a stay on further probe by Crime Branch-III and coercive action, restraint on filing any charge-sheet during the pendency of the petition and permission to go back to the UK.   Pasbola submitted to the court that Dr. Patil had voluntarily travelled from the UK to India and was unaware of the FIR when he landed here. Sathe argued that Patil had appeared in connection with other posts and was not fully cooperating with the investigators.

Loss of Rs 2.19 lakh cr

  • AP
  • Nov 22, 2024
  • 2 min read

Adani group firms’ combined mcap plunges massively

Loss of Rs 2.19 lakh cr

New Delhi: The combined market valuation of all ten listed Adani group firms fell sharply by Rs 2.19 lakh crore on Thursday, more than double of what the conglomerate had lost when the US short seller Hindenburg brought out a damning report in January 2023.


Shares of Adani group firms fell sharply as billionaire Gautam Adani was charged by US prosecutors for allegedly being part of a scheme to pay USD 265 million (about Rs 2,200 crore) bribe to Indian officials in exchange for favourable terms for solar power contracts.


The stock of the group’s flagship firm, Adani Enterprises, plunged 22.61 per cent, Adani Energy Solutions tanked 20 per cent, Adani Green Energy plummeted 18.80 per cent, Adani Ports dived 13.53 per cent, Ambuja Cements cracked 11.98 per cent, and Adani Total Gas tumbled 10.40 per cent on the BSE.


Shares of Adani Wilmar declined 9.98 per cent, Adani Power slumped 9.15 per cent, ACC fell 7.29 per cent, and NDTV dipped 0.06 per cent.


Some of the group firms also hit their lowest trading permissible limit for the day during the day.


The combined market capitalisation (mcap) of all ten listed group firms eroded by Rs 2,19,878.35 crore.


In the equity market, the BSE benchmark Sensex tanked 422.59 points or 0.54 per cent to 77,155.79, and the NSE Nifty declined 168.60 points or 0.72 per cent to 23,349.90.


“While the market is in the midst of a bear hug for the past few weeks, today’s fall can also be attributed to the news of Adani group facing bribery charges, which triggered a massive sell-off in its group stocks,” Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.


Adani, India’s second-richest man, and seven others, including his nephew Sagar, have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than USD 2 billion profit over 20 years.


Adani group on Thursday denied charges of paying bribes to secure favourable terms for solar power contracts, saying the allegations by US prosecutors are baseless and the conglomerate is compliant with all laws.

It said all possible legal recourse will be sought.


“The allegations made by the US Department of Justice and the US Securities and Exchange Commission against directors of Adani Green are baseless and denied,” the group spokesperson said in a statement.


No comments from TDP

Telugu Desam Party, a key ally of NDA, will react only after going through the issue of Adani Group allegedly paying bribes for solar power contracts in Andhra Pradesh, said party spokesperson Kommareddy Pattabhiram on Thursday.


“We need to study the report before coming to a conclusion. It would take two to three days,” he told PTI when asked about the party’s reaction.

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