Indu Bhan

Setback for HUL: HC refuses to stay NAA order to deposit Rs 223 crore

In a setback to FMCG major Hindustan Unilever (HUL), the Delhi High Court on Wednesday refused to stay the National Anti-profiteering Authority (NAA) order.

hul, naa, gst News

BT cotton issue: Supreme court restores Monsanto patent, for now

Multinational biotech companies that feared a premature closure of the potentially exponential Indian market for their genetically-modified plant seed technologies saw a ray of hope on Tuesday, with the Supreme Court restorin

Economy News

Reliance Jio-RCom deal: SC asks who will pay spectrum dues to DoT

The Supreme Court on Monday asked Reliance Communications (RCom) and Reliance Jio Infocomm (RJio) to resolve among themselves as to who will pay the past liabilities of the former, once the spectrum trading deal between the t

Industry News

Sugarcane arrears: SC seeks response from UP Government, cane commissioner on plea seeking dues clearance

The Supreme Court on Monday sought response from the Uttar Pradesh government and the state cane commissioner on a plea by a farmers’ body seeking sugarcane dues of around Rs 8,000 crore including interest for 2011-15.

Sugarcane arrears: SC seeks response from UP Government, cane commissioner on plea seeking dues clearance

Breather for Vodafone Idea: Supreme Court admits telco’s appeal in tax dispute

The Supreme Court has sought the income tax department’s response on whether installation of cell site towers by telecom companies in existing telecom circles amounted to ‘extension of existing business’ or providing be

Industry News

Tamil Nadu govt moves apex court against reopening of plant

Challenges the NGT order that allowed Vedanta to reopen its copper smelter after taking approval from the state pollution control board within three weeks.

Industry News

ONGC moves SC against stay on Rs 1,219-cr sub-sea oil pipeline project

The apex court listed the case for hearing on January 2 and asked the Bombay HC to decide on ONGC’s review petition which was dismissed in view of an appeal pending before the top court.

Industry News

Supreme Court puts Fortis sale to IHH Healthcare on hold

IHH, which has infused Rs 4,000 cr into the firm, can’t commence its open offer scheduled for December 18

sc, supreme court, fortis News

Relief to RCom: Supreme Court tells govt to let it sell spectrum to Reliance Jio, but with a condition

The Supreme Court on Friday asked the department of telecommunications (DoT) to grant a no objection certificate (NoC) to Reliance Communications to trade its spectrum with Reliance Jio Infocomm by Monday on the condition tha

sc, supreme court,rcom, reliance communications, reliance jio News

Anil Ambani-led RCom moves Supreme Court against DoT

Reliance Communications and its subsidiary Reliance Telecom on Thursday moved the Supreme Court, asking it to initiate appropriate contempt proceedings against the department of telecommunications (DoT) for “wilfully and de

reliance communications, sc, dot News

IndiGo moves SC against Meghalaya HC order to make airport operational in Shillong

Budget airline IndiGo’s parent company, InterGlobe Aviation, on Wednesday moved the Supreme Court challenging the last week’s order of the Meghalaya High Court that asked it to finalise within a week the date of commencin

indigo, aviation sector, aviation industry News

SC seeks response from govt on RCom’s appeals against TRAI’s prepaid balance directives

The Supreme Court on Monday sought response from the Centre and telecom regulator Trai on appeals by Anil Ambani-led Reliance Communications (RCom) challenging Trai’s directions that asked the firm to refund unspent prepaid

Industry News

Jaypee insolvency case: Homebuyers seek secured financial creditors status

Homebuyers are considered financial creditors under the amended IBC and their views will be considered while deciding the resolution plan of a company

Industry News

Gas theft case: HC seeks response from Reliance, others

Justice Rajiv Shakdhar while seeking response from the RIL, its partners - UK-based BP Plc and Niko Resources of Canada – posted the matter for directions on December 15.

Industry News

SC seeks govt response on withdrawal of soda ash import duty

According to HUL, the HC was wrong in curtailing the completion of mid-term review to 60 days as the DGTR is required to complete the exercise within a year which can be extended by another six months by the central governmen

Economy News

Jio vs incumbents: Supreme Court says CCI can’t probe telecom cartelisation yet

It said Trai issued recommendations on October 21, 2016, on the issue of inter-connection and provisioning of points of interconnect (PoIs) to Jio.

Industry News

Legal remedy: Govt challenges gas arbitration award favouring Reliance

The govt had raised a demand of $1.47 billion in 2014 upon RIL, the contractor of KG-DWN-98/3 block in the KG basin.

rakesh asthana, alok verma, satish babu sana, CBI, CBI vs CBI, delhi high court News

Indian Oil Challenges Rs 5,600-crore interest on entry tax before Supreme Court

For its refinery in Mathura, IOC purchases crude oil from different countries and transports it from the port of entry directly to the refinery through underground pipelines laid by it.

Industry News

Relief for Anil Ambani: Supreme Court clears way for RCom-Jio deal

Anil Ambani’s Reliance Communications on Friday got a huge relief from the Supreme Court, which allowed it to furnish corporate guarantee worth Rs 1,400 crore via its sister firm Reliance Realty to the Department of Telecom

Industry News

Reliance Communications needs to give bank guarantee before spectrum sale – What Centre told Supreme Court

A bench led by Justice AK Sikri said it will hear the case on Tuesday.

Industry News

Green signal! Sebi gets SC go-ahead for self regulatory organisation: norms amendments

SC accepted Sebi’s plea that selection process for SRO appointment is required in public interest

Industry News

Relief for Hyundai: Supreme Court stays Rs 420-crore fine

A Bench led by Justice AM Khanwilkar stayed the CCI’s order after senior counsel P Chidambaram sought a stay on the grounds that the apex court had in other appeals also granted interim relief against the impugned direction

Industry News

RPPL moves Supreme Court against NCLAT order on Binani

In its 44-page order, the appellate tribunal noted that the RPPL's resolution plan discriminated between some of the financial creditors who are equally situated and not balanced the other stakeholder, such as operational cre

Industry News

Adani gets SC nod to supply natural gas to three areas in Ahmedabad

The Supreme Court on Monday allowed Adani Gas to supply natural gas to commercial and industrial units in the areas of Sanand, Bavla and Dholka of Ahmedabad district of Gujarat till further orders.

Economy News

Channel rates: Supreme Court dismisses Star India plea against TRAI order

The Supreme Court on Tuesday upheld the Madras High Court’s May 23 order which said that the Telecom Regulatory Authority of India (Trai) is within its powers in fixing tariffs at which broadcasters offer channels to DTH an

India News

Supreme Court seeks response from Vedanta on Renaissance Steel’s appeal

Vedanta has offered to pay Rs 5,320 crore upfront to the lenders of the bankrupt steelmaker.

Industry News

Russia’s VTB seeks apex court approval to bid for Essar Steel

Crinium Bay Holdings, a member of Russia’s VTB group, has moved the Supreme Court seeking permission to bid independently or jointly with “a suitable partner” for embattled Essar Steel (ESIL).

Industry News
Switch to Hindi Edition