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  1. Business News
  2. Authors
  3. indu bhan

Indu Bhan

GUVNL case: Adani Power drops Rs 10,000-crore compensation demand
GUVNL case: Adani Power drops Rs 10,000-crore compensation demand

As per the settlement deed of January 3, Adani has agreed to relinquish compensation worth Rs 10,000 crore for electricity…

By Indu Bhan
February 9, 2022 02:15 IST
sarda mines
Sarda Mines moves SC to direct Odisha govt to execute mining lease deed in its favour

The CJI also slammed the Odisha government for its inaction, asking “it to be fair” as it took away 2,000…

By Indu Bhan
February 8, 2022 06:15 IST
hindustan zinc
Hindustan Zinc divestment: Supreme Court says no to recall of CBI investigation order

The apex court, while permitting the government to withdraw its application, allowed it to pursue legal remedy including filing of…

By Indu Bhan
February 8, 2022 05:45 IST
Out-of-court settlement: SC to hear joint application of Adani Power, GUVNL

The joint application asked the SC to note that the parties shall be governed and bound by the terms of…

By Indu Bhan
February 3, 2022 05:30 IST
future group
SC asks Future Retail’s lenders to take ‘realistic approach’

A Bench led by Chef Justice NV Ramana while seeking response from the banks within two days asked them to…

By Indu Bhan
February 2, 2022 03:25 IST
The HC had in 2015 allowed the antitrust body to probe the matter, but had barred it from taking any final decision.
Cartelisation charges: SC rejects pleas of tyre makers CEAT, MRF & others

The SC, however, said the parties can challenge the final order passed by the CCI in accordance with law.

By Indu Bhan
January 29, 2022 05:00 IST
The CJI also slammed the airline for its conduct, asking, “Do you want to run the show or close it? Why don’t you produce your financial statements? This is not the way to run an airline… this is a serious matter. If they don’t want to run the airline, then we will declare it insolvent and direct it for liquidation…” the CJI said.
SC gives 3 weeks to SpiceJet to resolve financial issues with Credit Suisse AG

The high court had stayed the operation of its order, including the publication of the winding-up order for SpiceJet, till…

By Indu Bhan
January 29, 2022 00:45 IST
While directing GVK to take an “effective remedy” available to it following the law, the CJI said that the state government should not take any action against the company for two weeks.
High tariffs: No coercive action against GVK Power for 2 weeks, SC tells Punjab govt

“This conclusively establishes that the amended and restated PPA has not been frustrated, continues to be in effect and the…

By Indu Bhan
January 28, 2022 02:45 IST
Kishore Biyani (Reuters)
Loan dues: Future Retail moves SC against default notice by lenders

FRL had missed the due date for payment of Rs 3,494.56 crore to banks and lenders as it could not…

By Indu Bhan
January 26, 2022 05:00 IST
The Division Bench had ruled in favour of Credit Suisse AG, a Zurich-based company, which was assigned the right to receive the payments due to SR Technics.
SC agrees to hear SpiceJet plea against Madras HC’s winding up order

The airline company is challenging the Madras High Court division bench ruling that had on December 7 upheld its single…

By Indu Bhan
January 26, 2022 02:30 IST
However, the judgment hasn't dealt with the liability part.
Rs 480-cr tax claim on Arcelor Mittal Nippon after SC ruling

Stating that ESL had furnished wrong and false declarations, the judges said that the wordings and the language used in…

By Indu Bhan
January 22, 2022 04:45 IST
The BG of Rs 344.07 crore was furnished by it as a security for release of its own MFs, which were allegedly stolen by Allied Financial Services Private Ltd (AFS) early 2019, seized during the investigations. (Representative image)
Dalmia Cement (Bharat) moves SC seeking modification of earlier order in IL&FS Securities case

It had also lodged a complaint in February 2019 with Sebi and also with the Economic Offences Wing, Delhi Police…

By Indu Bhan
January 20, 2022 06:15 IST
Franklin Templeton tells SC it has distributed Rs 26,098 crore to unit holders of the 6 MF debt schemes

This amount represent 103.5% of the aggregate assets under management (AUM) of the schemes at the time of winding up…

By Indu Bhan
January 19, 2022 00:30 IST
Denying any irregularity in the decision to divest 26% in HZL, it said that proper procedure was followed including selection of a global adviser through global competitive bidding.
Govt denies irregularities in HZL stake sale, requests SC to recall order

8 January 2022: The government had in 2014 fiscal planned to raise at least Rs 15,000 crore through the residual…

By Indu Bhan
Updated: February 7, 2022 16:16 IST
While Justice Rekha Palli refused to halt ED's probe into alleged money laundering by Amazon, Additional Solicitor General SV Raju assured the court about not calling any more company officials to Delhi for questioning.
Arbitration stayed: Big relief for Future in feud with Amazon

Future Retail and Future Coupons had sought a stay on the arbitration proceedings, which were scheduled to be held from…

By Indu Bhan
January 6, 2022 05:45 IST
Future Retail and FCPL had moved the Delhi HC after the December 17 order of the Competition Commission of India, which suspended its clearance given to Amazon’s 2019 deal with Future.
Amazon dispute: HC rejects Future plea to quash arbitration

With this order, the arbitration proceedings initiated by Amazon against Future Retail over the merger deal will proceed as per…

By Indu Bhan
January 5, 2022 04:30 IST
Amazon feud: Future urges HC to quash arbitration

It argued that the 2019 deal by which the e-commerce firm acquired a 49% stake in Future Coupons (FCPL), and…

By Indu Bhan
January 4, 2022 04:20 IST
It has alleged Aptel set a bad precedent, as its July 2 judgment has opened the doors for all the transmission licensees to levy POC/ GSC upon captive power producers (CPPs), and also allowed all the state electricity regulatory commissions to determine such charges, a direction contrary to the electricity laws.
Hindalco, captive power producers move SC

A Bench led by Justice LN Rao issued notice to Madhya Pradesh Electricity Regulatory Commission, Madhya Pradesh Power Transmission Company,

By Indu Bhan
December 19, 2021 04:45 IST
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