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In Brief
Tuesday, 25 May 2021 14:16 Private equity / VC
Pine Labs, the digital payments and commerce solutions provider to merchants, said it has raised $285 million in new funding from public market crossover investors, including Marshall Wace, Baron Capital Group, Duro Capital, Moore Strategic Ventures and Ward Ferry Management. Its existing investors Temasek, Lone Pine Capital and Sunley House Capital have also participated in this funding round.
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Arnab Goswami Exempted from Personal Appearance In Anvay Naik Suicide Case In Alibaug Court
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The Bombay High Court, on Friday, extended the ad-interim relief granted to Republic TV s Editor-in-Chief Arnab Goswami and exempted him from personal appearance before a the Chief Judicial Magistrate s Court, in Alibaug, in the abetment of suicide case against him.
A division bench of Justices SS Shinde and Manish Pitale was hearing an amended plea by Goswami, seeking to quash the 2018 FIR and charge sheet against him in the interior designer Anvay Naik s suicide.
Goswami has sought exemption from personal appearance till his petition was decided, citing apprehension of false implication and illegal detention in a known/unknown case.
Mumbai Police Closes Chapter Proceedings Initiated Against Arnab Goswami
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The Mumbai Police has terminated the chapter proceedings initiated against Republic TV editor Arnab Goswami as the enquiry against him was not completed within the stipulated six-month window.
Assistant Commissioner of Police Sudhir Jambavdekar (Worli Division) passed the order, on Saturday, following Goswami s application under section 116(6) of the Criminal Procedure Code.
On October 10, 2020, the police issued a show-cause notice to Goswami, asking him why a chapter proceeding under section 108 of the Criminal Procedure Code (CrPC) should not be initiated against him.
The notice referred to Goswami s objectionable coverage of two incidents, on Republic TV – the lynching of sadhus at Palghar and the gathering of migrants outside Bandra station during the lockdown.