INDIA’S Supreme Court has given a “final opportunity” to fugitive businessman Vijay Mallya to appear before it personally or through his lawyer in a contempt case where he has been found guilty.
Mallya, who is currently living in the UK, is accused of bank loan defaults of more than Rs 90 billion (£880 million) in India involving his now-defunct Kingfisher Airlines.
The top court said it has given multiple opportunities to Mallya to appear either personally or through a lawyer.
A bench of justices U U Lalit, S Ravindra Bhat and P S Narasimha posted the contempt case for further hearing after two weeks.
It said Mallya is at liberty to act as per the direction given in its order on November 30 last year, failing which the matter shall be taken to its "logical conclusion".
At the outset, the bench told senior advocate Jaideep Gupta, who has been appointed amicus curiae in the matter, that it has found the contemnor guilty of contempt of court, and now, punishment has to be imposed.
"Going by normal logic, the contemnor has to be heard but from that stage, he has not appeared before the court. What course should the court adopt?" the bench asked Gupta.
Gupta said that the contemnor does not need to be physically present, and he can appear through his counsel, and the court may clarify this further in its order.
Justice Bhat said the case has different colours, and the contemnor has abstained from the proceedings.
"Next hearing, the same thing will happen. We will have to pronounce the sentence in absentia. In this situation, in other countries courts are not powerless. We want assistance in that regard," Justice Bhat said.
The bench said this problem should not become a gateway for courts of first instance to adopt this course.
"We will have to say that this is in extraordinary circumstances in which he has been found guilty and is on the run. We need to have appropriate safeguards," it said.
Gupta said the court would have to make it clear what would happen and what consequences would follow if Mallya does not appear either personally or through his lawyer.
Solicitor general Tushar Mehta, appearing for the government, said the court has inherent jurisdiction in contempt cases and that it has given enough opportunity to Mallya, which he has not taken.
He said the Indian government has been informed by UK officials that there is some confidential proceeding going on which cannot be shared.
The bench asked Gupta, "What should the court do? Should we appoint an amicus for the contemnor or do we proceed ahead? Normally, in criminal matters, we appoint an amicus to represent the accused."
Gupta said if no lawyer appears for him or makes submissions on behalf of him, then the court should appoint an amicus curiae to represent the accused.
On November 30 last year, the top court had said it could wait any longer and the sentencing aspect in the contempt matter against Mallya would be dealt with finally.
It had in 2020 dismissed Mallya's plea seeking a review of its 2017 verdict which held him guilty of contempt for transferring $40 million (£29.46m) to his children in violation of court orders.
On January 18 last year, the Indian government had said it was making all efforts to extradite Mallya from the UK but the process is being delayed due to some legal issues involved in the matter.
Mallya has been in the UK since March 2016. He is on bail on an extradition warrant executed three years ago by the Scotland Yard on April 18, 2017.
(PTI)
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SNEYD Launches Mobile App, Simplifying Cloud Mining for Global Cryptocurrency Investors
Aug 16, 2025
As the global cryptocurrency market expands, UK-based cloud mining platform SNEYD has released a new mobile app that redefines how users participate in cryptocurrency mining. This launch provides a seamless experience for users looking to earn passive income from Bitcoin, Dogecoin, Litecoin, and other major digital assets—without requiring hardware or technical expertise.
As the global cryptocurrency market expands, UK-based cloud mining platform SNEYD has released its new mobile app, redefining how users can participate in cryptocurrency mining. This launch provides a seamless experience for users looking to earn passive income from Bitcoin, Dogecoin, Litecoin, and other
popular digital assets—without requiring hardware or technical expertise.
A new era of hassle-free cryptocurrency mining
Unlike traditional mining that requires expensive mining machines and continuous maintenance, SNEYD adopts a mobile-first mining approach, allowing users to mine through cloud infrastructure hosted in global data centers. Users only need a smartphone to register, activate mining contracts, and receive daily returns.
SENYD main advantages
1. Login: Register to receive $12 in free hashing power and a $0.60 daily login bonus.
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3. Supports deposits in a variety of mainstream currencies: BTC, ETH, XRP, DOGE, LTC, SOL, BCH, USDT. Thanks to the platform's multi-chain compatibility, users can choose to mine their own digital assets.
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Mining contract example:
Avalon Miner A15-194T: Investment: $100, Contract Term: 2 Days, Daily Revenue: $3.30, Total Net Profit: $100 + $6.6
XMR Miner X5: Investment: $500, Contract Term: 5 Days, Daily Revenue: $6.30, Total Net Profit: $500 + $31.5
Bitcoin Miner S19 XP+ Hyd: Investment: $1,200, Contract Term: 14 Days, Daily Revenue: $16.08, Total Net Profit: $1,200 + $225.12
ANTRACK and Bitcoin Miner T19 Hyd Package: Investment: $3,200, Contract Term: 21 Days, Daily Revenue: $46.4, Total Net Profit: $3,200 + $974.4
CKB Miner K7: Investment: $5,100, Contract Term: 30 Days, daily income: $76.5, total net profit: $5,100 + $2,295
(Different contracts have different computing power, investment amount, and period, and the return income will also vary. For more contracts, please log in to: https://growingauto.com/ official website)
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Official Website: https://growingauto.com/
Official Email: info@sneydmining.com
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In his Independence Day address, Modi said the goods and services tax (GST) would be reformed and rates lowered by Diwali, which falls in October. (Photo: Getty Images)
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India to slash consumption tax by October after Modi’s reform push
Aug 16, 2025
INDIA’s government will reduce consumption tax rates by October, a top official said on Friday, hours after prime minister Narendra Modi announced reforms to support the economy amid trade tensions with the United States.
The federal government is planning a two-rate structure of 5 per cent and 18 per cent, removing the existing 12 per cent and 28 per cent slabs, the official told Reuters, requesting anonymity as the plans are still under discussion.
According to the official, 99 per cent of items currently taxed at 12 per cent, including butter, fruit juices, and dry fruits, will be shifted to 5 per cent. The move could affect companies such as Nestle, Hindustan Unilever, and Procter & Gamble.
The announcement follows rising trade tensions between New Delhi and Washington over US tariffs on Indian goods. Modi on Friday urged people to promote domestic products, with some of his supporters calling for a boycott of American goods.
In his Independence Day address, Modi said the goods and services tax (GST) would be reformed and rates lowered by Diwali, which falls in October.
"This Diwali, I am going to make it a double Diwali for you. Over the past eight years, we have undertaken a major reform in goods and services tax. We are bringing next-generation GST reforms that will reduce the tax burden across the country," Modi said.
The final decision will be taken by the GST Council, chaired by the finance minister and comprising state finance ministers, the official said. The council is expected to meet by October.
Brokerage Citi estimates that about 20 per cent of items, including packaged food, beverages, apparel and hotel accommodation, are in the 12 per cent slab. These account for 5-10 per cent of consumption and 5-6 per cent of GST revenue.
If most of these are moved to the 5 per cent slab and some to 18 per cent, the government could see a revenue loss of about 500 billion rupees, or 0.15 per cent of GDP, Citi said. This could take the total policy stimulus for households in the 2025-26 financial year to 0.6-0.7 per cent of GDP, it added.
(With inputs from agencies)
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Morrisons CEO joins Gol Gappay eating contest to mark South Asian Heritage Month
Aug 16, 2025
Morrisons chief executive Rami Baitiéh took part in a lively “Gol Gappay Challenge” at the supermarket’s Bradford headquarters on Tuesday, as part of celebrations for South Asian Heritage Month.
The event, hosted in the company’s central atrium, was led by Bradford-based Heera Foods, which served up its popular Gol Gappay – crispy puris filled with spiced chickpeas and tangy water – to staff and visitors.
The highlight was a 60-second eating contest where colleagues competed to finish as many Gol Gappay as possible before the clock ran down. To cheers from the crowd, Baitiéh joined in and managed four in a minute.
“It was fantastic to see the CEO of one of the UK’s biggest supermarkets join in with such enthusiasm,” said Noor Ali, senior commercial manager at Heera Foods. “Gol Gappay, also known as pani puri, are all about fun, flavour and bringing people together, and Rami certainly embraced that spirit.”
The open day formed part of Morrisons’ program of events showcasing South Asian food and culture. For Heera Foods, one of Bradford’s longest-standing South Asian brands, it was an opportunity to highlight a snack loved across the subcontinent.
Heera Foods, part of P&B Foods Ltd, has been based in Bradford since the 1960s and produces a wide range of South Asian staples and ready-to-eat products from its UK facility.
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One-click start, SNEYD makes digital asset income within reach
Aug 15, 2025
Amid persistent inflation, high market volatility, and an uncertain economic outlook, many people are anxious and unsure about their financial future. While we can't influence the direction of the macroeconomy, we can still control the direction of our personal finances. Understanding your own financial situation is the first step towards financial well-being. With clear financial insight, you can make more confident and forward-thinking decisions, building a stronger future for yourself and your family.
About SNEYD
SNEYD is a leading global cloud mining service provider and an industry leader. As digital financial markets continue to evolve and reshape, people around the world are empowered to make their own investment choices—including whether to participate in cryptocurrency cloud mining platforms like SNEYD. While not everyone must embrace this, cryptocurrency enthusiasts who choose to support SNEYD are making a wise decision. The platform is not only a mining service provider but also a leader in digital payments, offering seamless, secure, and efficient solutions that are transforming industries around the world.
With the advent of the Bitcoin bull run, SNEYD is facing unprecedented opportunities.
The recent cryptocurrency resurgence has garnered widespread attention from cryptocurrency enthusiasts. While many investors view this as a sign of market uncertainty, it represents a rare opportunity for the mining industry. SNEYD encourages investors to accumulate Bitcoin reserves through cryptocurrency mining during market downturns, thereby generating higher returns when prices rebound in the future
.
SNEYD Advantages
Sign up and earn $12 USD. (Daily check-ins earn $0.6 USD.)
Earn profits every 24 hours without purchasing expensive cryptocurrency mining equipment or signing contracts.
Deposits and withdrawals in a variety of cryptocurrencies: DOGE, BTC, ETH, SOL, XRP, USDC, LTC, USDT-TRC20, USDT-ERC20, and more.
An intuitive interface designed for both beginners and experienced miners.
Affiliate program allows users to earn up to 3% + 2% referral rewards and up to $100,000 in bonuses.
No additional fees: Transparent pricing with no hidden service or management fees.
Green mining technology, environmentally friendly and efficient
SNEYD Security and Sustainability
In the world of mining, trust and security are paramount. SNEYD understands this and prioritizes user safety. SNEYD is committed to transparency and legality to ensure your investment is protected, allowing you to focus on profitability. All mining farm energy consumption is provided by renewable energy, making cloud mining carbon neutral. Renewable energy protects the environment, delivers exceptional returns, and allows every investor to enjoy opportunities and profits.
How can I quickly start my SNEYD cloud mining journey?
1. Register an account and instantly receive a $12 bonus.
2. Select a customized hash rate contract.
Whether you are a novice or an experienced investor, SNEYD offers a variety of computing power contracts. You can choose the one that best suits your budget and profit goals to maximize every penny. Stable income contract:SNEYD launches high-yield contracts
- [Avalon Miner A15-194T [Experience Contract]]: Investment amount: $100, potential total net profit: $100 + $6.6
- [XMR Miner X5]: Investment amount: $500, potential total net profit: $500 + $31.5.
- [Bitcoin Miner S19 XP+ Hyd]: Investment amount: $1,200, potential total net profit: $1,200 + $225.12.
- [ANTRACK & Bitcoin Miner T19 Hyd. Package]: Investment amount: $3,200, potential total net profit: $3,200 + $974.4.
- [CKB Miner K]: Investment amount: $5,100, potential total net profit: $5,100 + $2,295.
- [Litecoin Miner L9]: Investment Amount: $10,100, Potential Total Net Profit: $10,100 + $7,757.1
(The platform has launched a variety of stable income contracts, which can be viewed at growingauto.com.)
Looking Ahead: Innovation and Opportunity
Blockchain, smart contracts, and digital currencies are revolutionizing the global financial system. SNEYD is at the forefront of this transformation. Early adopters are already joining the movement, redefining the world of value, income, and opportunity. The future of finance is no longer exclusive to the elite, but is now open to all who embrace innovation.
Whether you are a novice or an experienced user, SNEYD welcomes everyone from all over the world to participate.
Simply tap the corresponding system APP button on SNEYD to download the SNEYD app.
For more information, please visit growingauto.com or contact the platform’s official email: info@sneydmining.com.
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When Mounjaro was launched in Britain, Lilly set a list price 'significantly below' that in its other three European markets to avoid delays in NHS availability. (Photo: Reuters)
Lilly to raise UK Mounjaro price by 170 per cent from September
Aug 15, 2025
ELI LILLY said on Thursday it will increase the UK list price of its weight-loss drug Mounjaro by up to 170 per cent. The price change comes as the White House urges drugmakers to raise prices in Europe to enable price cuts in the United States.
The new price, which also applies to Lilly's type 2 diabetes medicine sold under the same name, will take effect in September. A month's supply of the highest dose will rise from £122 to £330, the company said.
The increase will apply to those paying for Mounjaro privately but will not affect patients receiving it through the National Health Service (NHS), which has a separate pricing agreement, a Lilly spokesperson said.
When Mounjaro was launched in Britain, Lilly set a list price “significantly below” that in its other three European markets to avoid delays in NHS availability. “We are now aligning the list price more consistently,” the company said.
The change comes as drugmakers adjust to policy shifts in the United States, their largest market, where president Donald Trump is seeking lower domestic drug prices while encouraging increases overseas.
Last week, Lilly CEO David Ricks told investors that price parity between the US and Europe was desirable over time, but said European governments “are not signing up to pay more for drugs.”
The US pays more for prescription drugs than any other country, often nearly three times more than other developed nations. Trump says he wants to narrow this gap to prevent Americans from being “ripped off.”
Reuters reported last week that the Trump administration has been in talks with drugmakers about ways to equalise prices across markets.
A list price is the amount set by a drug manufacturer before any discounts or rebates.
Lilly said it is working with private UK healthcare providers, including online pharmacies, which can set their own prices, to maintain access to the medicines.
Lilly launched Mounjaro in the UK in February 2023, while rival Novo Nordisk’s Wegovy became available in the country in September 2023.
(With inputs from Reuters)
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