Bombay HC asks Shilpa Shetty, Raj Kundra to deposit Rs 60 crores for travel, and LOC relief

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The Bombay High Court has directed actor Shilpa Shetty and her husband, businessman Raj Kundra, to deposit Rs 60 crore or provide a continuous bank guarantee from a nationalised bank before it will consider lifting a Lookout Circular (LOC) restricting their foreign travel. This order came during a hearing on their urgent plea to visit London for Kundra's ailing father, who is undergoing serious medical treatment. The bench of Justices AS Gadkari and RR Bhonsale emphasised the need to demonstrate bona fides amid doubts about their return to India. The LOC stems from a Rs 60.48 crore fraud complaint filed by Deepak Kothari, Director of UY Industries Pvt Ltd, alleging the couple induced him to invest in their now-defunct Best Deal TV Pvt Ltd between 2015 and 2023. Kothari claims the funds, provided as a loan with Shetty's personal guarantee, were misused amid heavy business losses, with no recovery despite repeated demands. The Economic Offences Wing (EOW) of Mumbai Police is inv...
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Disney v DeSantis: how a corporate behemoth turned beacon of diversity

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The fight between the Florida governor and the Magic Kingdom is weird and getting weirder, for a company that was not always a defender of LGBTQ+ rights

In an American political landscape seemingly defined by division and acrimony, one of the bitterest fights is also one of the strangest: the slug fest currently playing out between the rightwing Florida governor and 2024 White House hopeful Ron DeSantis and the Magic Kingdom of Disney World.

Last week was especially strange. DeSantis appeared to have bitten off more than he could chew when, as gas shortages riled Miami-Dade voters, he kept his long-running dispute with Disney World going through turns as tight as the teacups on the Mad Tea Party at the edge of Fantasyland.

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