Rajeev Sharma

4929 Posts
Samsung Chief Jay Y. Lee Cleared in Final Court Ruling Over $8 Billion Merger

Samsung Chief Jay Y. Lee Cleared in Final Court Ruling Over $8 Billion Merger

Seoul, July 17, 2025 — South Korea’s Supreme Court on Thursday upheld the acquittal of Samsung Electronics Chairman Jay Y. Lee in a long-running legal battle over alleged accounting fraud and stock manipulation related to a controversial $8 billion merger in 2015.The verdict affirms rulings by both lower and appellate courts, ending a nearly decade-long saga that began when prosecutors accused Lee of orchestrating the merger of Samsung C&T and Cheil Industries to consolidate control over the tech conglomerate following his father's incapacitation.With the court’s decision, Lee is now permanently cleared of all charges, a development analysts say removes a…
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Trump May Visit Pakistan in September, Possibly India Too; Islamabad Denies Confirmation

Trump May Visit Pakistan in September, Possibly India Too; Islamabad Denies Confirmation

National Times Bureau, July 17, 2025 — United States President Donald Trump is likely to visit Pakistan in September, according to multiple media reports in the country. Citing sources close to the matter, Reuters also reported that after his Pakistan visit, Trump may make a stop in India as part of his South Asia tour.While there has been no official confirmation, Pakistan’s foreign office has stated that it is unaware of any such plans. If confirmed, Trump’s visit would mark the first by a U.S. President to Pakistan in nearly two decades — the last being George W. Bush in…
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Canada Imposes New Tariffs to Shield Domestic Steel Industry from Global Pressure

Canada Imposes New Tariffs to Shield Domestic Steel Industry from Global Pressure

Ottawa (Rajeev Sharma): In a bold move to protect Canada’s domestic steel sector from global trade disruptions and unfair pricing practices, Prime Minister Mark Carney on Wednesday announced a sweeping series of tariffs and trade safeguards, signaling a more aggressive stance on imports. The centrepiece of the new strategy is a tariff rate quota targeting countries with which Canada has free trade agreements, excluding the United States. Imports from these countries that exceed 2024 volume levels will be hit with a 50% tariff, a measure designed to deter trade diversion and stabilize domestic production. In addition, steel imports containing material…
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PM Mark Carney to Address First Nations at Bill C-5 Summit Amid Mounting Concerns Over Major Projects Law

PM Mark Carney to Address First Nations at Bill C-5 Summit Amid Mounting Concerns Over Major Projects Law

Gatineau, Quebec (Rajeev Sharma): Prime Minister Mark Carney is set to meet with First Nations leaders Thursday during a critical summit in Gatineau, Quebec, where he will face growing scrutiny over the recently passed Bill C-5 — legislation that enables expedited approval for infrastructure projects deemed nationally significant, including pipelines, mines, and ports. The two-day summit, held at the Canadian Museum of History, began on Wednesday and is intended to ease tensions and clarify the federal government’s position on Indigenous consultation in major project development. However, First Nations leaders have voiced strong objections, claiming that their constitutional rights are being…
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US Embassy Issues Visa Warning After Indian Woman Caught Shoplifting in Illinois

US Embassy Issues Visa Warning After Indian Woman Caught Shoplifting in Illinois

New Delhi / Washington (Rajeev Sharma): The US Embassy in India has issued a strong advisory warning that engaging in criminal activities such as theft, assault, or burglary in the United States could lead to the revocation of a visa and ineligibility for future US visas. The announcement follows a widely reported incident involving an Indian woman accused of shoplifting from a Target store in Illinois. In a social media post on X (formerly Twitter), the Embassy emphasized the seriousness of such offenses, stating: “Committing assault, theft, or burglary in the United States won't just cause you legal issues –…
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Woman Pilgrim Dies, Three Injured in Landslide on Amarnath Yatra Route

Woman Pilgrim Dies, Three Injured in Landslide on Amarnath Yatra Route

Ganderbal, Jammu and Kashmir (National Times): A tragic incident marred the sacred Amarnath Yatra on Wednesday evening as a 55-year-old woman pilgrim lost her life and three others sustained injuries following a landslide along the Baltal route in Ganderbal district, Jammu and Kashmir. According to official reports, four pilgrims were swept downhill by a sudden landslide that struck near Railpathri, a vulnerable stretch on the Baltal axis leading to the revered Amarnath cave shrine. The pilgrims were on their spiritual journey when the mishap occurred. Rescue teams acted swiftly, evacuating the injured to the Baltal base camp hospital. However, one…
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Air India AI-171 Crash: Pilot’s Medical History Under Scrutiny Amid Mental Health Claims

Air India AI-171 Crash: Pilot’s Medical History Under Scrutiny Amid Mental Health Claims

New Delhi (National Times) In the ongoing investigation into the tragic crash of Air India flight AI-171 in Ahmedabad, attention has now turned to the mental health and medical records of Captain Sumeet Sabharwal, the pilot in command, following claims that he may have been suffering from depression. The 56-year-old veteran pilot, who had logged over 15,000 flying hours and was months away from retirement, reportedly took time off in recent years and was deeply affected by the death of his mother in 2022. He had since moved from Delhi to Mumbai to care for his aging father and was…
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Federation of Indian Pilots Raises Concerns Over AI-171 Crash Investigation

Federation of Indian Pilots Raises Concerns Over AI-171 Crash Investigation

Mumbai (National Times): In the wake of the tragic crash of Air India flight AI-171 in Ahmedabad, the Federation of Indian Pilots (FIP) has released an official statement expressing deep concern over the preliminary findings and the public discourse surrounding the incident. The statement, signed by Capt. C.S. Randhawa, President of FIP, criticizes the exclusion of pilot representatives from the investigation process. The FIP also objects to the manner in which the preliminary report has been interpreted and publicized. “The report, as released, lacks comprehensive data and appears to rely selectively on paraphrased cockpit voice recordings,” the statement reads. The…
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SC Refuses to Lift Stay on ‘Udaipur Files’; Says Release May Cause ‘Irreparable Damage’

SC Refuses to Lift Stay on ‘Udaipur Files’; Says Release May Cause ‘Irreparable Damage’

New Delhi, July 16, 2025 — The Supreme Court on Wednesday declined to lift the stay on the release of Udaipur Files – Kanhaiya Lal Tailor Murder, a film based on the 2022 killing of tailor Kanhaiya Lal in Udaipur, Rajasthan, observing that the release could cause “irreparable damage.”A Bench led by Justice Surya Kant, with Justice Joymalya Bagchi, deferred the matter to July 21, directing the filmmakers to await the decision of a central government panel scheduled to hear objections against the movie later on Wednesday.“If the movie is released, there will be irreparable damage. If it’s not, then…
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‘Superman’ Roars at Indian Box Office with ₹33.43 Crore in Six Days, Outpaces Bollywood Releases

‘Superman’ Roars at Indian Box Office with ₹33.43 Crore in Six Days, Outpaces Bollywood Releases

Mumbai, July 16, 2025 — James Gunn’s Superman is flying high at the Indian box office, outpacing recent Bollywood releases to emerge as the top cinematic choice for audiences this week. The superhero film, led by David Corenswet in his debut as the Man of Steel, has collected ₹33.43 crore in India within six days of release.According to industry tracker Sacnilk, the film added ₹1.83 crore on Day 6, continuing a steady streak after its impressive ₹7.25 crore opening. Over the first weekend, Superman raked in more than ₹18 crore, with weekday numbers holding reasonably well despite the usual dip.The…
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