Latest news with #Nandakumar
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Business Standard
4 days ago
- Politics
- Business Standard
SC protects Kerala journo booked for defamation of politician on YT video
Taking note of the submissions, the bench said in the event of arrest, the journalist will be released on bail by the trial court upon on a bond and sureties as directed by the judge Press Trust of India New Delhi The Supreme Court on Wednesday granted interim bail to a Kerala-based journalist booked by the police for allegedly publishing a defamatory video against a prominent woman politician on his YouTube channel "Crime Online". A bench comprising Justices Sandeep Mehta and Prasanna B Varale issued notice to the Kerala government and the station house officer of the police station concerned on the anticipatory bail plea of journalist Nandakumar TP. Taking note of the submissions, the bench said in the event of arrest, the journalist will be released on bail by the trial court upon on a bond and sureties as directed by the judge. It also directed the journalist to cooperate with the ongoing investigation. An FIR was lodged against the journalist under the provisions of the Bharatiya Nyaya Sanhita for offences of outraging a woman's modesty, intimidation and intent to cause reputational harm, and dissemination of obscene content electronically. He was also booked under Section 67 of the Information Technology Act which penalises publication or transmission of obscene material in electronic form. The state police alleged a YouTube video posted by Nandakumar contained derogatory, sexually coloured, and threatening remarks aimed at humiliating and tarnishing the reputation of the woman leader. The Kerala High Court on June 9 declined to grant Nandakumar anticipatory bail and directed him to surrender before the police. The high court order was challenged in the top court, which posted the plea after six weeks. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
The Hindu
4 days ago
- Politics
- The Hindu
SC grants interim bail to Kerala journalist T.P. Nandakumar booked for defamatory YouTube video against politician
The Supreme Court on Wednesday (June 18, 2025) granted interim bail to a Kerala-based journalist booked by the police for allegedly publishing a defamatory video against a prominent woman politician on his YouTube channel Crime Online. A Bench comprising Justices Sandeep Mehta and Prasanna B. Varale issued notice to the Kerala government and the station house officer of the police station concerned on the anticipatory bail plea of journalist T.P. Nandakumar. Taking note of the submissions, the Bench said in the event of arrest, the journalist will be released on bail by the trial court upon on a bond and sureties as directed by the judge. It also directed the journalist to cooperate with the ongoing investigation. An FIR was lodged against the journalist under the provisions of the Bharatiya Nyaya Sanhita for offences of outraging a woman's modesty, intimidation and intent to cause reputational harm, and dissemination of obscene content electronically. He was also booked under Section 67 of the Information Technology Act which penalises publication or transmission of obscene material in electronic form. The Kerala Police alleged that a YouTube video posted by Mr. Nandakumar contained derogatory, sexually coloured, and threatening remarks aimed at humiliating and tarnishing the reputation of the woman leader. The Kerala High Court on June 9 declined to grant Mr. Nandakumar anticipatory bail and directed him to surrender before the police. The High Court order was challenged in the top court, which posted the plea after six weeks.
Time of India
4 days ago
- Politics
- Time of India
Supreme Court protects Kerala journalist booked for posting defamatory YouTube video against a female politician
The Supreme Court on Wednesday granted interim bail to a Kerala-based journalist booked by the police for allegedly publishing a defamatory video against a prominent woman politician on his YouTube channel "Crime Online". A bench comprising Justices Sandeep Mehta and Prasanna B Varale issued notice to the Kerala government and the station house officer of the police station concerned on the anticipatory bail plea of journalist Nandakumar TP. Taking note of the submissions, the bench said in the event of arrest, the journalist will be released on bail by the trial court upon on a bond and sureties as directed by the judge. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villa For Sale in Dubai Might Surprise You Villas in Dubai | Search ads Learn More Undo It also directed the journalist to cooperate with the ongoing investigation. An FIR was lodged against the journalist under the provisions of the Bharatiya Nyaya Sanhita for offences of outraging a woman's modesty, intimidation and intent to cause reputational harm, and dissemination of obscene content electronically. Live Events He was also booked under Section 67 of the Information Technology Act which penalises publication or transmission of obscene material in electronic form. The state police alleged a YouTube video posted by Nandakumar contained derogatory, sexually coloured, and threatening remarks aimed at humiliating and tarnishing the reputation of the woman leader. The Kerala High Court on June 9 declined to grant Nandakumar anticipatory bail and directed him to surrender before the police. The high court order was challenged in the top court, which posted the plea after six weeks.
The Hindu
07-06-2025
- Business
- The Hindu
RBI's gold loan direction brings clarity, standardisation, greater consumer protection, says Manappuram Finance MD
'The 'Lending Against Gold and Silver Collateral Directions, 2025' notified by the Reserve Bank of India (RBI) on Friday has brought clarity, standardisation, and greater consumer protection to the gold and silver loan segment, said V. P. Nandakumar, Managing Director and CEO of Manappuram Finance Ltd. 'The guidelines on valuation, assaying, and loan-to-value (LTV) ratios are timely and progressive. In particular, the provision allowing a maximum LTV ratio of 85% for loans amount up to ₹2.5 lakh. It will significantly benefit small-ticket borrowers,' he said. Stating that the new directions have consolidated and replaced earlier circulars, he said these have create a uniform code applicable to all regulated entities, including NBFCs, banks, and cooperative institutions. 'These guidelines aim to promote transparency, ethical practices, and prudential discipline while enhancing financial access for individuals and micro-enterprises,' he said. Highlighting that the continued eligibility of gold jewellery, ornaments, and coins as collateral reflected the RBI's recognition of the critical role of gold loans in meeting short-term liquidity needs, he said the standardised assaying process—mandating borrower presence and use of reference prices from the Indian Bullion and Jewellers Association (IBJA) or SEBI-regulated exchanges—would foster uniformity across the industry. 'Manappuram Finance has long adhered to rigorous valuation norms, and we view this framework as an endorsement of our transparent and ethical lending model,' he emphasised. On the revised LTV guidelines, Mr Nandakumar said, 'The RBI has prudently capped LTVs at 85% for loans up to ₹2.5 lakh, 80% for loans between ₹2.5 and ₹5 lakh, and 75% for loans above ₹5 lakh. These thresholds strike a balance between borrower access and systemic stability. We are fully aligned with these stipulations and will implement them rigorously.' Regarding bullet repayment loans, he acknowledged the RBI's cap of 12 months for such loans, with renewals allowed only upon creditworthiness and interest repayment. On the customer conduct and protection norms, he said, 'The emphasis on clear documentation, borrower communication, and transparent auction procedures aligns with our customer-first approach. We already involve borrowers in the assaying process and provide detailed disclosures in loan agreements, and these practices will continue.' On collateral management, he said, 'We place the utmost importance on secure storage, stringent internal audits, and surprise verifications. The RBI's directives reinforce our long-standing commitment to safeguarding customer assets.' Welcoming the RBI's provisions for fair compensation in the event of loss, damage, or delayed return of pledged assets, and its emphasis on disbursing loans directly into verified bank accounts in compliance with KYC and Income Tax Act provisions, he said' These directions reflect the regulator's focus on integrity, accountability, and customer rights. 'We are fully prepared to implement the new guidelines well ahead of the April 2026 deadline. We believe this framework will further bolster public trust in gold loans as a reliable and responsible source of credit,' he stated.
Time of India
04-06-2025
- Business
- Time of India
Two arrested for cheating Erode man of Rs 12 lakh by promising part-time job online
ERODE: The Erode district cyber crime police have arrested two men, including a govt employee, for duping a man of more than Rs 12 lakh. K Nandakumar, 38, of Kathirampatty in Erode district saw an advertisement on an instant messaging app in 2024 which claimed that there was a part-time job opportunity. "Nandakumar clicked on the link provided in the advertisement. This led him to a website where he completed various tasks, earning a few hundred rupees," stated an officer in the cybercrime unit. Nandakumar continued to perform all the tasks listed on the website. After winning the first round, he invested several lakhs of rupees and completed the tasks, under the impression that he needed to pay more to progress to the next level. Eventually, after paying Rs 12.71 lakh and being unable to recover his funds, Nandakumar lodged a complaint with the cyber crime police. The police checked the bank account to which the money was transferred. "We identified the suspects as M Shanmugam, 46, a construction worker in Krishnagiri district, and P Sudhakar, who was employed as an assistant at the Krishnagiri Government Medical College and Hospital, by reviewing their bank account details. The two have confessed to defrauding Nandakumar," the officer remarked. The arrested have been remanded in judicial custody. The police launched a search for another man, identified as Shanmugam, who is the prime suspect in the scam. He was absconding, police said.
