A Vaidyanathan With Agency Inputs

The Shapoorji Pallonji Group on Thursday sought a formal separation from Tata Group in the Supreme Court, proposing that its stake in Tata Sons be swapped for a pro-rata stake in the Tatas' listed companies. The two conglomerates have been embroiled in a legal battle since 2016 when Cyrus Mistry, scion of the family that controls the SP Group, was ...

The Supreme Court today allowed the government one more week to come up with a plan on loan moratorium to ease the financial burden on borrowers during the coronavirus crisis. The top court, which had asked the government to submit its plan on September 28, deferred the hearing till October 5 after the government sought more time. The government, h...

The SP Group's shareholding in the country's largest business house is estimated at more than Rs 1 lakh crore.

The Supreme Court on Tuesday granted bail to real estate company Unitech's promoter, Sanjay Chandra, who has been in jail for the last three years for allegedly duping home buyers in two housing projects in Gurugram. Sanjay Chandra's parents are unwell and hospitalized, the court was told. Sanjay Chandra has been granted bail for one month but his ...

The Supreme Court today sharply rebuked the Department of Telecommunications (DoT) for demanding Rs 4 lakh crore from state-run firms and accused it of misusing an earlier judgment. "This is wholly and totally impermissible," the court said, referring to what the government's telecom department has demanded from Public Sector Units (PSUs) like Oil ...

Real estate developers' apex body CREDAI, in an April plea, had argued that the RBI's circular on the moratorium is an "eyewash."

The Supreme Court on Wednesday allowed dealing in cryptocurrency, quashing an earlier ban imposed by the Reserve Bank of India (RBI) on trading in virtual currencies such as Bitcoin. The development came as a major relief for the sector, as the RBI ban restricted lenders from facilitating banking transactions for cryptocurrency exchanges and trader...

The new board chaired by Mr Malik will file a report on the resolution framework to sort out the housing mess of Unitech within two months.

In a major setback for mobile service providers, the Supreme Court on Thursday rejected telecom companies' plea seeking a review of its earlier order that allowed the government to collect dues worth Rs 92,000 crore from them. "Applications for hearing in open court/oral hearing are rejected. Having perused the review petitions and the connected pa...

The Supreme Court on Friday cleared the way for steel giant ArcelorMittal to complete its purchase of debt-laden Essar Steel for Rs 42,000 crore, setting aside the National Company Law Appellate Tribunal (NCLAT)'s order giving equal status to financial and operational creditors. The order came as a huge win for lenders who had challenged the bankru...

The Supreme Court on Monday directed disbursement of Rs 7.16 crore to state-run National Buildings Construction Corporation (NBCC) to complete two stalled projects of the embattled real estate group Amrapali, which has been accused of fraud. The sum was earlier deposited by the Amrapali group with the top court's registry. The two projects are in N...

Justice DY Chandrachud, one of three Supreme Court judges who ruled today over the arrest of five activists for alleged links to Maoist insurgents, gave a dissenting view, saying that the police appeared to be sponsoring a media trial of the accused. He said the charges against activists of involvement in a plot to assassinate Prime Minister Narend...

Hearing the centre's request to review its own order, the Supreme Court on Thursday said it was "100 per cent" for the protection of Dalits against atrocities but no one should be "falsely implicated". The government said the court's move in March to make it more difficult to arrest people for crimes against Dalits weakened the law and amounted to ...

No political party would be allowed to use public funds and government machinery to publicise its political symbol, the Election Commission has said, amid a legal tussle over elephant statues in Uttar Pradesh installed during the Bahujan Samaj Party's rule.

The centre is opposed to the Muslim practice of triple talaq, it has informed the Supreme Court, describing it as "misplaced in a secular country."

The Shapoorji Pallonji Group on Thursday sought a formal separation from Tata Group in the Supreme Court, proposing that its stake in Tata Sons be swapped for a pro-rata stake in the Tatas' listed companies. The two conglomerates have been embroiled in a legal battle since 2016 when Cyrus Mistry, scion of the family that controls the SP Group, was ...

The Supreme Court today allowed the government one more week to come up with a plan on loan moratorium to ease the financial burden on borrowers during the coronavirus crisis. The top court, which had asked the government to submit its plan on September 28, deferred the hearing till October 5 after the government sought more time. The government, h...

The SP Group's shareholding in the country's largest business house is estimated at more than Rs 1 lakh crore.

The Supreme Court on Tuesday granted bail to real estate company Unitech's promoter, Sanjay Chandra, who has been in jail for the last three years for allegedly duping home buyers in two housing projects in Gurugram. Sanjay Chandra's parents are unwell and hospitalized, the court was told. Sanjay Chandra has been granted bail for one month but his ...

The Supreme Court today sharply rebuked the Department of Telecommunications (DoT) for demanding Rs 4 lakh crore from state-run firms and accused it of misusing an earlier judgment. "This is wholly and totally impermissible," the court said, referring to what the government's telecom department has demanded from Public Sector Units (PSUs) like Oil ...

Real estate developers' apex body CREDAI, in an April plea, had argued that the RBI's circular on the moratorium is an "eyewash."

The Supreme Court on Wednesday allowed dealing in cryptocurrency, quashing an earlier ban imposed by the Reserve Bank of India (RBI) on trading in virtual currencies such as Bitcoin. The development came as a major relief for the sector, as the RBI ban restricted lenders from facilitating banking transactions for cryptocurrency exchanges and trader...

The new board chaired by Mr Malik will file a report on the resolution framework to sort out the housing mess of Unitech within two months.

In a major setback for mobile service providers, the Supreme Court on Thursday rejected telecom companies' plea seeking a review of its earlier order that allowed the government to collect dues worth Rs 92,000 crore from them. "Applications for hearing in open court/oral hearing are rejected. Having perused the review petitions and the connected pa...

The Supreme Court on Friday cleared the way for steel giant ArcelorMittal to complete its purchase of debt-laden Essar Steel for Rs 42,000 crore, setting aside the National Company Law Appellate Tribunal (NCLAT)'s order giving equal status to financial and operational creditors. The order came as a huge win for lenders who had challenged the bankru...

The Supreme Court on Monday directed disbursement of Rs 7.16 crore to state-run National Buildings Construction Corporation (NBCC) to complete two stalled projects of the embattled real estate group Amrapali, which has been accused of fraud. The sum was earlier deposited by the Amrapali group with the top court's registry. The two projects are in N...

Justice DY Chandrachud, one of three Supreme Court judges who ruled today over the arrest of five activists for alleged links to Maoist insurgents, gave a dissenting view, saying that the police appeared to be sponsoring a media trial of the accused. He said the charges against activists of involvement in a plot to assassinate Prime Minister Narend...

Hearing the centre's request to review its own order, the Supreme Court on Thursday said it was "100 per cent" for the protection of Dalits against atrocities but no one should be "falsely implicated". The government said the court's move in March to make it more difficult to arrest people for crimes against Dalits weakened the law and amounted to ...

No political party would be allowed to use public funds and government machinery to publicise its political symbol, the Election Commission has said, amid a legal tussle over elephant statues in Uttar Pradesh installed during the Bahujan Samaj Party's rule.

The centre is opposed to the Muslim practice of triple talaq, it has informed the Supreme Court, describing it as "misplaced in a secular country."