The court’s decision was based on findings that several sections of the Representation of People Act, 1951, and the Companies Act, as amended by the Finance Act of 2017, were in violation of Article 19(1)(a) and hence unconstitutional. The court emphasized the arbitrary nature of the changes, particularly concerning corporate contributions, and stressed the potential for undue influence and corruption in the electoral process.
Posts in category Business Standard
Wipro Ltd spurts 0.28%, gains for fifth straight session (15-02-2024)
Wipro Ltd is quoting at Rs 515.95, up 0.28% on the day as on 12:44 IST on the NSE. The stock is up 25.87% in last one year as compared to a 21.15% gain in NIFTY and a 20.22% gain in the Nifty IT.
Passenger Vehicle Sales Have Remained Resilient Led By Positive Consumer Sentiments, Says SIAM (15-02-2024)
In January 2024, sales in the Passenger vehicle segment stood at 3,93,074 units, in Two-wheeler segment at 14,95,183 units and in Three-wheeler segment 53,537 units were sold.
Muthoot Finance Q3 PAT rises 14% YoY To Rs 1,027 cr (15-02-2024)
Muthoot Finance reported 14% jump in standalone net profit to Rs 1,027 crore on 19% increased in total income to Rs 3,176 crore in Q3 FY24 over Q3 FY23.
Pace Automation standalone net profit declines 68.75% in the December 2023 quarter (15-02-2024)
Sales decline 21.83% to Rs 1.11 crore
Brawn Biotech reports standalone net loss of Rs 0.61 crore in the December 2023 quarter (15-02-2024)
Sales decline 54.99% to Rs 2.84 crore
IndiaFirst Life Insurance Company standalone net profit declines 47.35% in the December 2023 quarter (15-02-2024)
Sales rise 7.24% to Rs 1627.16 crore
SBM Bank India reports standalone net loss of Rs 19.58 crore in the December 2023 quarter (15-02-2024)
Total Operating Income rise 2.10% to Rs 180.99 crore
Kirloskar Brothers consolidated net profit declines 7.67% in the December 2023 quarter (15-02-2024)
Sales rise 0.76% to Rs 964.80 crore
NSE SME Alpex Solar sizzles on debut (15-02-2024)
Shares of Alpex Solar were quoting at Rs 345.45 on the NSE, a premium of 200.39% compared with the issue price of Rs 115.