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  1. Business News
  2. Authors
  3. indu bhan

Indu Bhan

The bank had moved to sell the property, which Daiichi had opposed on the ground that the HC had asked the parties to maintain status quo on the assets.
Daiichi plea: Supreme Court allows Yes Bank to auction land

A bench led by Justice UU Lalit while dismissing Daiichi’s appeal, said there was “no reason to interfere” with the…

By Indu Bhan
November 27, 2020 03:30 IST
Decide on AstraZeneca’s diabetes drug pleas within 15 days, apex court tells Delhi HC

AstraZeneca holds two patents for Dapagliflozin in India. The first expired on October 2 and the other one is due…

By Indu Bhan
November 24, 2020 02:40 IST
As Deepak Kochhar bail is being taken up by a trial court on Monday, the apex court posted the petition for hearing on November 27.
Chanda Kochhar moves Supreme Court challenging termination from ICICI Bank

The HC dismissed her petition “on the sole ground of “maintainability”, despite there being clear violation of a statutory obligation…

By Indu Bhan
November 21, 2020 04:00 IST
A Bench led by Justice DY Chandrachud refused to interfere with the NCLAT’s order that dismissed the Royale Partners’ appeal, thus approving the claim of the financial creditors (FCs) on the cash accruals during the resolution process.
EPC Construction resolution: Supreme Court rejects Royale’s plea against NCLAT order on cash accruals

The monitoring agency of EPC Construction opposed the Royale Partners’ appeal stating that the contents of the approved RP were…

By Indu Bhan
November 17, 2020 01:15 IST
The regulator had then modified its order to seek information on segmented offers from the telcos for a limited period.
Supreme Court order: Telcos can offer segmented tariffs but Trai can ask for details

The Trai had moved the Supreme Court against the TDSAT order, but the apex court had refused to stay the…

By Indu Bhan
November 7, 2020 06:30 IST
"The Hyderabad-Nashik route received a massive demand from the passengers owing to the trade and tourism opportunities possessed by the Nashik city," the statement said.
SpiceJet dues: SC stays Delhi HC order to pay Rs 243 cr as interest

According to the airline, the HC order had misinterpreted the financial data and “erred” in focusing on the wrong portion…

By Indu Bhan
November 7, 2020 00:45 IST
The Union Cabinet then decided to charge for spectrum given to the operators beyond the contracted amount through administrative orders.
DoT’s appeal: Supreme Court refuses to stay TDSAT’s order on OTSC

After the TDSAT’s decision last year, the burden of OTSC for operators like Bharti Airtel and Vodafone Idea had come…

By Indu Bhan
November 6, 2020 06:45 IST
Punjab Legislative Assembly on, October 20, unanimously passed four Bills to negate the Centre’s three contentious farm laws.
State Bills on farm trade ignites legal debate, Presidential assent unlikely

However, SC lawyer Sunil Fernandes noted that, however well-intentioned an Act passed by the state legislature may be, unless the…

By Indu Bhan
November 2, 2020 02:30 IST
“This is a classic case of how the government policies for MSMEs are not being passed on to the benefit of the sector,” says a lawyer associated with the sectoral issues.
Delhi HC restrains Canara Bank from flouting SC’s NPA relief order

ROPP argued that based on the restructuring scheme it had taken steps to sell his assets and fulfil its obligations…

By Indu Bhan
October 21, 2020 03:45 IST
The quantity of mineral so removed will have to be verified by the concerned officials based on the government records maintained at the relevant point of time, it said.
Supreme Court extends time till January-end for removal of mined iron ore in Goa

The state government had argued that it had all details about the mineral already excavated on or before 15.03.2018 and…

By Indu Bhan
October 14, 2020 06:00 IST
RBI says lenders have enough leeway, sector-specific freedom

The Reserve Bank of India (RBI) has stressed that banks have sufficient leeway to accommodate the impact of Covid19 while…

By Indu Bhan
October 10, 2020 04:15 IST
Omitting MP had triggered protest from Daawat Foods and farmers from the state, as well as opposition from the state government itself.
Madhya Pradesh moves Supreme Court seeking GI rights on Basmati rice

MP, in its appeal, alleged that APEDA had been given “wrongful” GI tag and the HC order enabled the statutory…

By Indu Bhan
October 10, 2020 00:45 IST
It also directed the government (the Ministry of Home Affairs) “to facilitate and ensure” Mallya’s presence before it on October 5.
UBHL says settlement offer credible, counters banks’ view

The lenders had earlier rejected the UBHL’s settlement offer of Rs 14,518.02 crore, saying the proposal is neither “bonafide” nor…

By Indu Bhan
October 1, 2020 01:25 IST
While rejecting HCC’s appeal, a Bench led by Justice R Nariman said, “the contract speaks of final completion” and the company is yet to finish the project.
Kishanganga hydro-electric project: SC dismisses HCC plea against NHPC invoking bank guarantee

HCC senior counsel Mukul Rohtagi argued that NHPC had given “clearly fallacious” reason for invocation of the BGs to be…

By Indu Bhan
October 1, 2020 00:55 IST
BPSL resolution: ED moves SC seeking stay on NCLAT order approving JSW Steel bid

Apart from this, JSW had offered to pay operational creditors a sum of Rs 350 crore against their admitted claims…

By Indu Bhan
September 22, 2020 03:15 IST
The SC Bench led by Justice L Nageswara Rao refused to interfere with the HC’s August 27 order.
Personal bankruptcy: SC dismisses SBI’s appeal against Anil Ambani

Senior counsel Harish Salve, appearing for Ambani, opposed the SG’s stand, arguing that “declaring a man bankrupt has serious consequences”.

By Indu Bhan
September 18, 2020 07:15 IST
“We feel that the interpretation taken by the tribunal is a plausible view, and the challenge on this ground (calculation) cannot be sustained, to refuse enforcement of the award,” the court said.
Vedanta-Videocon win big! Blow to govt as SC says ‘no unjust enrichment’ in Ravva oil fields case

The companies contended that the cap of $198.43 million was applicable only to such facilities as were required to achieve…

By Indu Bhan
September 17, 2020 06:30 IST
The matter will next come up for hearing on September 23.
Yes Bank seeks transfer of all cases against AT-1 bond write-off to Bombay HC

AT-1 bonds worth Rs 8,415 crore were completely written off after a scheme of reconstruction for the bank was approved…

By Indu Bhan
September 17, 2020 04:15 IST
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DLF family no longer India’s richest realtor; Adanis jump to top after 73% surge

The benefit is available mainly to individuals and HUFs, subject to conditions such as not owning more than one residential house on the date of transfer.

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A sleek, dark-mode financial trading interface tracking large-cap healthcare equities. The dashboard visualizes a major vertical volume bar indicating a massive surge from a 42 lakh average to 8 crore shares traded, positioned alongside a prominent 52-week high marker pointing to Rs 444.50.

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Trump Administration Urges Banks to Treat Loans to Undocumented Immigrants as Higher Risk

Locked out of American dream: New US guidance threatens mortgages and loans for some migrants

Navratna PSU NBCC bags Rs 501 crore worth domestic EPC orders

Navratna PSU NBCC bags Rs 501 crore worth domestic EPC orders

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