logo
Kerala HC issues order to arrest Liberia-flagged vessel anchored at Vizhinjam

Kerala HC issues order to arrest Liberia-flagged vessel anchored at Vizhinjam

KOCHI: Kerala High Court has ordered the arrest of Liberia-flagged MV MSC MANASA F along with its hull, tackle, engine, machinery spares, gear, apparel, paraphernalia, furniture, etc., presently anchored at Vizhinjam Port. The order will remain in effect until a total of Rs 6 crore is deposited by the company in the High Court.
Justice MA Abdul Hakhim issued the order on the admiralty suit filed by five exporters who lost their consignment following the shipwreck. Advocate Joy Thattil Ittoop, counsel for the petitioners, submitted that each of them has lost certain containers.
The shipping company does not have any movable or immovable properties within the territory of India, and hence, they are entitled to invoke the admiralty jurisdiction of the court for the arrest and detention of the vessel. They submitted that if adequate safeguards are not made till the furnishing of the security, they will be put to irreparable loss and injury.
The court made it clear that the Warrant of Arrest would be withdrawn, and the conditional order of arrest would automatically be vacated once the amount is deposited or security is furnished by the company in the court, without any further order.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Huzurabad MLA Padi Kaushik Reddy arrested over allegations of extortion
Huzurabad MLA Padi Kaushik Reddy arrested over allegations of extortion

Hans India

time35 minutes ago

  • Hans India

Huzurabad MLA Padi Kaushik Reddy arrested over allegations of extortion

In a significant turn of events in Telangana politics, Huzurabad BRS MLA Padi Kaushik Reddy was apprehended by Warangal Subedari Police at Shamshabad Airport. He has since been transported to Warangal for questioning. The detainment stems from serious allegations made by a granite quarry trader, Manoj Reddy, who operates a quarry in Vangapalli, Kamalapur mandal. Reddy's wife, Umadevi, lodged a complaint with the Subedari Police, claiming that MLA Reddy threatened her, demanding a payment of Rs. 50 lakhs. As a result, police have filed cases against the MLA under Sections 308(2), 308(4), and 352 of the Indian Penal Code (IPC), encompassing charges of threatening and extortion. The investigation is ongoing as authorities look into the matter.

Elon Musk's Tesla to open first showroom in India in July: Know city, EV models, price and more
Elon Musk's Tesla to open first showroom in India in July: Know city, EV models, price and more

Time of India

time42 minutes ago

  • Time of India

Elon Musk's Tesla to open first showroom in India in July: Know city, EV models, price and more

The world's richest person, Elon Musk, is finally bringing Tesla to India. The electric vehicle giant is all set to open its first Tesla showroom in India this July, with Mumbai being the chosen city. After years of speculation and delays, this move marks Tesla's official entry into the Indian market, which is the third-largest car market in the world. Tesla's First Showroom in India to Open in Mumbai According to a Bloomberg report, Tesla is opening its first retail showroom in Mumbai, Maharashtra, in July. This marks a major step by Elon Musk to introduce Tesla cars in India. A second showroom is also reportedly in the pipeline for New Delhi, further strengthening the company's presence in the country. Tesla Starts Importing Model Y and Components Tesla has already begun importing the first batch of its Model Y electric SUVs along with spare parts, Supercharger units, accessories, and Tesla-branded merchandise. These items are being shipped from the United States, China, and the Netherlands, showing the brand's serious intentions to build a solid infrastructure here. The Model Y, currently the world's best-selling Tesla car, has arrived from Tesla's Gigafactory in Shanghai. Five rear-wheel drive units have been shipped to Mumbai, with each car valued at around Rs 27.7 lakh (approximately $31,988). Due to India's high import taxes, each car attracted over Rs 21 lakh in duties. This aligns with the country's 70% import tax on fully built electric vehicles (CBUs) priced under $40,000. Tesla Model Y India Price to Be Higher Than in the US In India, the Tesla Model Y is expected to cost over $56,000, excluding taxes and insurance. This is a lot more than its US base price of $44,990 (or $37,490 after government incentives). The steep price could be a challenge in India, where most buyers are price-conscious and value affordability over luxury. Can Tesla Succeed in India's Price-Sensitive Market? Electric vehicles (EVs) currently make up only about 5% of new passenger car sales in India. Of these, luxury cars form less than 2% of the total. This means Tesla will have to work hard to gain traction in a market where price plays a major role in buying decisions. However, despite these challenges, Elon Musk and Tesla seem confident about the Indian EV future. Earlier delays were mainly due to disagreements over high import taxes and the demand for setting up a local manufacturing plant. But now, Tesla is moving ahead with its India plans. Tesla Hiring and Expanding Infrastructure in India Tesla currently does not have an official country head after the exit of Prashanth Menon. However, the company is actively hiring for roles in retail, charging infrastructure, and public policy. It's also setting up warehousing operations in Karnataka and increasing its storage capacity near Gurugram, close to Delhi, to support its growing logistics needs. What This Means for Indian Car Buyers With Elon Musk's Tesla stepping into India, car buyers who have been waiting for high-performance electric vehicles now have a new option. The arrival of the Tesla showroom in India and the Model Y gives Indian consumers access to cutting-edge EV technology. However, unless Tesla finds a way to reduce costs—either by local production or reduced duties—it may remain a niche brand for now. Elon Musk's Tesla opening a showroom in India is a major moment for the country's electric vehicle market. Starting with Mumbai, and soon expanding to New Delhi, Tesla is making its presence felt. While the high price of a Tesla car could be a hurdle, the company's long-term success will depend on how well it adapts to Indian conditions and consumer expectations. For the latest and more interesting financial news, keep reading Indiatimes Worth. Click here

FASTag Annual Pass: How To Apply For Unlimited Toll Access With Just Rs 3000
FASTag Annual Pass: How To Apply For Unlimited Toll Access With Just Rs 3000

News18

timean hour ago

  • News18

FASTag Annual Pass: How To Apply For Unlimited Toll Access With Just Rs 3000

Last Updated: FASTag Annual Pass Application Process: In this article, we have created a step-by-step guide, mentioning how applying for the annual Pass of FASTag. In a move to offer a seamless travel expirence on highways, the central government has proposed an Annual Pass for FASTag for just Rs 3,000. The computers will be able to take the benefits on 15th August 2025, barring commercial vehicles. If you are interested in the pass and wondering how to get it or where to apply it. Do not worry, we have got your back. In this article, we have created a step-by-step guide, mentioning the process of applying for the annual Pass of FASTag. Whether you're a frequent highway traveller or someone who often uses highways, this pass will allow you to ditch long queues, save time and a big chunk of money. It offers to use highways unlimitedly by paying a certain fee. Important Steps To Keep In Mind First things first, ensure that your vehicle is equipped with a valid and active FASTag, issued by leading banks in India such as HDFC, ICICI, Axis Bank, etc or wallet services like Paytm. For offline, the customers are advised to visit the nearest toll plaza office. Once reached, they will ask a few details and requirements, as mentioned below. Step-by-Step Guide For Offline Interested customers can visit the FASTag official web portal, use their FASTag-issuing bank's app, or log in Choose the FASTag interface, click on the service and make the annual payment in advance. To note, the unlimited FASTag fee will vary, depending on the location and vehicle type. Once payment and documents are verified, the Annual Pass is linked to your FASTag ID, allowing the vehicle to pass through the designated toll plaza(s) without getting additional charges (as per the pass terms). After completing the entire process, do not forget to double-check check confirmation message or email for the same for the validity period, toll plaza name, and pass details for records. First Published: June 18, 2025, 15:49 IST

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store