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  1. Business News
  2. Authors
  3. indu bhan

Indu Bhan

Though the fines are not precisely quantified yet, on an aggregate basis, these may run into several hunderds of crores, according to sources.
Relief for Tata Power, Vedanta: SC stays fines imposed by NGT for not utilising ash from thermal projects

A Bench led by DY Chandrachud while seeking response from the firms and others said that “there shall be an…

By Indu Bhan
September 15, 2020 05:20 IST
It also asked banks not to take any coercive action against borrowers.
Loan moratorium: Keen to waive interest, SC asks Centre, RBI to come up with a ‘concrete plan’

The court also extended the temporary immunity to the relevant loan accounts from being classified as NPA till September 28,…

By Indu Bhan
September 11, 2020 07:45 IST
Vijay Mallya, SBI, UBHL, Karnataka High Court, Kingfisher Airlines, Enforcement Directorate, latest news on vijay mallya
Vijay Mallya’s rs 14,500-cr offer rejected: SBI-led banks call settlement offer a malicious attempt

The SBI-led consortium of 14 banks have rejected the settlement offer of Rs 14,518.02 crore given by Vijay Mallya’s company…

By Indu Bhan
Updated: September 10, 2020 08:25 IST
Instead of opting for interest waiver, the government has gone for the measures for revival of the sectors in tandem with RBI
Interest waiver: SC protects borrowers from coercive action by banks

“The question is about the demands of compound interest in the meantime. Moratorium and penal interest cannot go together. RBI…

By Indu Bhan
September 4, 2020 05:30 IST
Vijay Mallya offers to settle Rs 14k-crore liabilities with banks, others

Mallya and six other companies owned by the family had supported a “robust and bona fide offer” made by UBHL…

By Indu Bhan
August 28, 2020 04:00 IST
Supreme Court asks Nalco to supply alumina to Vedanta unit at Visakhapatnam

Even Nalco executive director (Marketing) R N Mohapatra was present before SC during the virtual hearing as he was summoned…

By Indu Bhan
August 20, 2020 04:15 IST
SC AGR hearing: R-Jio, RCom ordered to share deal details; ‘You used spectrum, pay money’, telcos warned

SC AGR hearing HIGHLIGHTS: The Supreme Court on Friday sought to make it clear that the telecom companies using spectrum…

By Surbhi Jain
Updated: August 14, 2020 17:15 IST
A bench led by CJI SA Bobde vacated its status quo order with regard to arbitration proceedings on the proposed disinvestment of HZL, a PSU.
Relief for Vedanta! SC allows proceedings against govt for taking over full control of Hindustan Zinc

Vedanta had initiated arbitration proceedings against the government after the latter had rejected the call option given to former to…

By Indu Bhan
August 14, 2020 06:15 IST
AGR dues: Telcos proceeded with spectrum sale as DoT delayed filing appeals

On November 27, 2019 the NCLT ruled that Aircel can go ahead and sell spectrum as part of its resolution…

By Indu Bhan
August 12, 2020 06:50 IST
A bench led by Chief Justice SA Bobde sought response from the top Nalco brass as to why contempt should not be initiated against them for “clear deviation from the requirement recorded in it January 14 judgment,” as alleged by Vedanta.
Barring Vedanta from bidding: Supreme Court issues contempt notice to Nalco

Nalco had earlier opposed the participation of Vedanta’s Jharsuguda unit, saying the tender for alumina exports can be issued only…

By Indu Bhan
August 8, 2020 02:30 IST
SC transfers all NCLAT cases of Jaypee to itself to cut delays

After hearing all the parties, the apex court transferred all the appeals pending in the NCLAT, including the one filed…

By Indu Bhan
August 7, 2020 05:45 IST
As is known, JSW Steel had offered to pay Rs 19,350 crore to the financial creditors as part of its resolution plan, which was a near 60% haircut for the lenders.
Bhushan Power: First decide on ED case, will pay after that, JSW Steel tells SC

A bench led by Chief Justice SA Bobde posted the matter for final hearing in the first week of September…

By Indu Bhan
August 6, 2020 06:45 IST
“The decision to replace Mistry was no exception; in fact it demanded all the more care and sensitivity in how it is conveyed and recorded,” Tata said, adding that that is why he was initially requested to step down on his own.
Cyrus Mistry had ‘overwhelmingly’ lost the confidence of board of directors: Ratan Tata tells Supreme Court

While Mistry was appointed chairman of Tata Sons in 2012 when Ratan Tata stepped down from the post, the former…

By Indu Bhan
August 5, 2020 08:00 IST
SC admits I-T appeal challenging settlement commission’s powers

The assessees never disclosed any foreign income or asset, including foreign bank accounts, in their tax returns though they were…

By Indu Bhan
August 5, 2020 05:50 IST
Tata Sons rubbished the claims of the firms that there was a marked increase in the market capitalisation of the Tata operating companies.
Tata Sons counters Cyrus Mistry claims in SC, says most firms suffered under him

Under Mistry’s chairmanship, Tata Sons did not foray into any new significant business opportunities and Tata Sons’ financial performance also saw a…

By Indu Bhan
July 31, 2020 08:22 IST
The NCLAT had asked NBCC to implement its plan, but said that the direction will be subject to its final order.
Jaypee homebuyers urge Supreme Court to direct implementation of NBCC resolution plan

Besides, the NCLAT order defeats the entire purpose of the Code, which provides for a time-bound CIRP, they said, adding…

By Indu Bhan
July 30, 2020 02:30 IST
Cash-strapped Vodafone Idea to get Rs 833 crore in tax refund, Supreme Court slams taxmen for delay

Pursuant to the SC’s directions, the assessing officer (AO) on May 28 computed the refund payable to Vodafone at Rs…

By Indu Bhan
Updated: July 23, 2020 08:59 IST
Fortis seeks vacation of SC order blocking stake sale to Malaysia’s IHH Healthcare

The Supreme Court had last year held the Singh brothers guilty of contempt for violating its earlier orders that had…

By Indu Bhan
July 18, 2020 00:15 IST
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Close-up of an equity research terminal evaluating structural financial data. The interface tracks a 28% year-on-year drop in total quarterly net inflows alongside digital blocks modeling an aggressive 46% surge in employee benefit expenses driven by ESOP costs.

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5 ‘Buy’ recommendations by Motilal Oswal, with 20% upside potential

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