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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‘Truth is sacred’: Tom Hanks gives keynote speech and receives honorary degree from Harvard

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The two-time Academy Award winner spoke to the graduates on truth and was given a volleyball as a gift

As the US grapples with a disinformation crisis, Tom Hanks told graduates of Harvard on Thursday to be superheroes in their defense of truth and American ideals, and to resist those who twist the truth for their own gain.

“For the truth to some is no longer empirical. It’s no longer based on data, nor common sense, nor even common decency,” the two-time Academy Award winner said during his keynote address. He invoked the Latin word for truth, “veritas”, Harvard’s motto.

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