The Delhi High Court on Monday dismissed a public interest litigation (PIL) seeking direction to block access to an article published in an online news magazine which allegedly compromised the identity of officials posted in India's diplomatic missions in the US, Canada and the UK working for the country's external intelligence agency Research and Analysis Wing (RAW). The high court said judiciary should not transgress into an area involving national safety and security. It said the government of India has the power and authority to block any article that compromises national safety and security. The petition sought a direction to the ministries of Information and Broadcasting and External Affairs and the Press Council of India to frame guidelines to ensure that no media outlet publishes any source based information as to whether a government officer or diplomat posted abroad is working for the Indian intelligence agency. It also sought a direction to the Centre to block the URLs o
Sebi has barred three former top executives of Geodesic Ltd, which owned children's magazine Chandamama, from the securities markets for one year for siphoning off funds. Those barred by the capital markets regulator are -- Kiran Kulkarni, who was the managing director of Geodesic; Pankaj Kumar, who was the company's chairman; and Prashant Mulekar, who was the director and compliance officer, according to a Sebi order. Chandamama India Limited, publishers of the much loved Chandamama range of children's magazines, was a subsidiary of Geodesic Ltd. In its order, Sebi found that these persons were involved in siphoning of USD 125 million raised by the company through redeemable Foreign Currency Convertible Bonds (FCCBs) from overseas investors in 2008. The funds were mobilised for the purpose of investing in companies including wholly owned subsidiaries. As per Sebi, audited balance sheet of the company for FY 2011-12 was full of misleading financial data and did not contain the true
The National Commission observed the term "guarantee of satisfaction" would not be limited to the magazine's contents, but would also include other aspects like timely delivery
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Both the District Forum and State Commission dismissed the case claiming they did not have territorial jurisdiction. The National Commission set aside their orders
Digital will be a crucial arm of the media. I am not sure whether it will be at the cost of print, but it will acquire importance. It is definitely being consumed, says RPSG Chairman
Or a brief stop on the way to better times?
The publication printed its last issue for February 16