Five things to watch out for today

| Updated on January 10, 2018


The case against Blue Whale Challenge will come up for hearing at the Madras High Court. At the last hearing, the court had directed the Central and Tamil Nadu governments to explore a ban on the game. Initiating suo motu proceedings in the matter, Justices KK Sasidharan and GR Swaminathan of Madurai bench had issued notice to the Union Information and Broadcasting Secretary and state Home Secretary and the IT department.

The European Central Bank will hold its policy meeting today. It is widely expected that the bank will announce a reduction of its monthly asset purchases in October. The Euro Zone is seeing its strongest run of growth in more than a decade. And while inflation has lagged - as it is in many economies - the latest Euro Zone data were higher than expected. This may support the case for tapering, but the central bank is now dealing with a strengthening euro, up over 12 per cent this year against the dollar.

The third and final Test between West Indies and England in the three Test series begins at the Lord's in London. While England won the first Test, West Indies won the second. Shai Hope led the West Indies to a remarkable five-wicket victory over England in the second Test. It was West Indies' first Test win in England since 2000.

Tamil Nadu government staff will strike work from today. The Joint Action Council of Tamil Nadu Teachers Organisations - Government Employees Organisations (JACTTO-GEO) has decided to go ahead with its plan of indefinite strike from September 7 as talks with Ministers did not yield tangible results on their demands that include continuation of the old pension scheme, implementation of the recommendations of the Seventh Pay Commission, interim pay in case of delay and regularisation of temporary employees.

The National Company Law Appellate Tribunal is likely to hear Vikram Bakshi's plea seeking a stay on termination of franchise agreement by McDonald’s for 169 stores operated by CPRL. On September 5, the National Company Law Tribunal had dismissed Bakshi’s petition against cancellation of franchise licence agreement to CPRL, following which Bakshi moved an appeal before NCLAT. McDonald’s on August 21 terminated the franchise agreement for the 169 outlets operated by CPRL. As part of the termination, CPRL has ceased to use McDonalds’s name, system, trademark, designs and its associated intellectual property, among others from September 5.

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Published on September 07, 2017
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