Supreme Court rejects plea seeking withdrawal of Z+ security to Mukesh Ambani and family

Supreme Court has rejected a Public Interest Litigation (PIL) that sought for withdrawal of Z+ security given to Reliance Industries chairman Mukesh Ambani and his family, stating that it is for State to assess and take a call on such issues. Apex court bench heed by Justice Ashok Bhushan dismissed  plea filed by petitioner Himanshu Agarwal against a December 2019 order of Bombay High Court.

"It is for State to assess and review threat perception of individuals on a case to case basis," Apex court said in its order earlier this week.

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Bombay High Court in its order h ted that  state was bound to provide Z+ security to individuals willing to bear entire cost for security to protect ir lives in view of ir own grave threat perceptions. Ambani family were willing to bear entire cost to protect ir lives in view of ir own grave threat perceptions, court h stated. Mumbai Police Commissioner has option but to ensure that highest level of Z+ security is provided to se private individuals, court order ded.

"Irrespective of wher any individual or any authority is convinced about existence or orwise of real threat to ir life or liberty, particularly when y are willing to bear entire cost for said security to protect ir lives in view of ir own grave threat perceptions", court order said.

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Jio Net profit Rises

Meanwhile, Jio's net profit jumped to Rs 2,844 crore for second quarter ended September 30, 2020, from Rs 990 crore in year-ago period. Revenue from operations rose 33 percent to Rs 17,481 crore during just-ended quarter, according to a regulatory filing. company in an investor presentation said total customer base stood at 405.6 million in September 2020, making it first operator outside China to surpass 400 million subscribers in a single country market.

On Friday company posted almost three-fold jump in its net profit to Rs 2,844 crore for September quarter, driven by ARPU uplift and strong customer dition. company also said Abu Dhabi Investment Authority and Public Investment Fund have purchased units of Fibre Trust worth over Rs 7,500 crore cumulatively (Rs 3,779 crore each).

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(With ncy inputs)