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Bombay HC rejects NDTV’s petition against SEBI’s show-cause notice

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MUMBAI: The Bombay High Court on Monday dismissed the writ petition filed by New Delhi Television’s (NDTV) promoter Dr. Prannoy Roy and Radhika Roy against Security and Exchange Board of India’s (SEBI) show-cause notice.

SEBI had issued a show-cause notice to NDTV’s promoters for alleged violation of insider trading regulations on 31 August 2018, the promoters had challenged the same in the high court in December.

Refusing to intervene in the matter, a division bench of Justice SC Dharmadhikari and Justice RI Chagla “asked promoters to contest the adjudicatory proceedings before SEBI”.

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SEBI had issued the notice alleging the petitioner had committed violation of insider trading almost a decade ago while being in possession of ‘unpublished price sensitive information’.

The promoters had challenged the SEBI’s notice in the HC on the premises that the capital market regulator failed to offer any evidence or documentation to substantiate the allegations. The petition also read that the notice was ‘arbitrary, unreasonable and issued in gross abuse of power’.

The matter NDTV promoter against SEBI came to the high court on 2 January 2020. The court also observed that SEBI’s notice is time-barred; we don’t wish to interfere with it.

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Kamlesh Singh receives Haldi Ghati Award from MMCF

India Today Group editor honoured for three decades of journalism at Udaipur ceremony.

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MUMBAI- Kamlesh Singh just turned a lifetime of sharp words into a shiny shield because when journalism wakes up a society, even the Maharana of Mewar wants to pin a medal on it.

The Maharana of Mewar Charitable Foundation (MMCF) conferred its prestigious Haldi Ghati Award on Kamlesh Singh, a senior editor at the India Today Group, during a ceremony in Udaipur on 15 March 2026. The national award, instituted in 1981-82, recognises “work of permanent value that initiates an awakening in society through the medium of journalism.”

Singh, who leads several editorial initiatives including Aaj Tak Radio, the Teen Taal community and The Lallantop, was presented the honour by Lakshyaraj Singh Mewar, Managing Trustee of MMCF. The citation highlighted his three decades of contributions to Indian media, innovations in digital journalism, mentoring young reporters, and his popular podcast persona “Tau” on Teen Taal, which fosters thoughtful public discourse.

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The Haldi Ghati Award, named after the historic Battle of Haldighati symbolising valour and resilience, is one of four national awards given annually by MMCF. Past recipients include Tavleen Singh, Piyush Pandey and Raj Chengappa.

Other honourees this year included Padma Vibhushan Pt Hari Prasad Chaurasia, Vedamurti Devvrat Rekhe, Treeman of India Marimuthu Yoganathan, Vir Chakra Capt Rizwan Malik, and US-based researcher Molly Emma Aitken, who received the Colonel James Tod Award for contributions to understanding Mewar’s spirit and values.

In an era where headlines often shout louder than substance, the MMCF quietly reminded everyone that real journalism isn’t about noise, it’s about the quiet, persistent work that stirs society awake, one thoughtful story at a time.

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