By Upmanyu Trivedi The Bloomberg

Several states are pressuring the ruling government to extend a program to continue compensation for losses from Goods and Services Tax (GST)or risk a stalemate in attempts to further simplify the structure

Amazon.com Inc., which is trying to block India's richest man from taking over a struggling retail chain, fired a fresh salvo by alleging that money from the local firm was possibly diverted to other companies.

One of the largest COVID-19 vaccination drives in the world, India's campaign ever since January to vaccinate its 1.4 billion citizens has hit snag after snag, held back first by shortages and then by chaotic distribution..

In a rare plea, the chief judge at India's bankruptcy appeals court petitioned the Supreme Court to let him work for three more days even after his term was cut short by the federal government.

Supreme Court stopped regulatory approval for the Future Group's $3.4 billion asset sale to Reliance Industries Ltd., delaying the deal in a boost for Amazon.com Inc., which wants to scuttle the transaction in its bid to dominate the country's retail sector.

The tussle between two of the world's richest men -- Jeff Bezos and Mukesh Ambani -- to dominate India's estimated $1 trillion retail market is testing foreign investor patience with flip-flopping court rulings.

The Delhi High Court lifted an order restraining Future Group from selling its retail assets to Reliance Industries Ltd., in a setback to Amazon.com Inc.'s efforts to block the deal.

Tata Group, India's biggest conglomerate, said it's open to buying out the stake held by its largest minority shareholder -- the billionaire Mistry family -- as part of a proposal to help end a years-long legal dispute between the two parties.

A three-judge panel headed by Justice L. Nageswara Rao ruled that the bankruptcy case against the former billionaire will remain suspended.

An appeals court upheld charges by Cyrus Mistry that he was improperly ousted as chairman of the $110 billion Tata Group, paving the way for his reinstatement and marking a loss for the conglomerate's chairman emeritus Ratan Tata.

The process initiated Friday in Mumbai, once admitted by the court, would leave Ambani's Reliance Communications Ltd., or RCom, 270 days to repay debt or liquidate. The company voluntarily took the step after a planned sale of tower, spectrum and fiber assets to older sibling Mukesh Ambani's Reliance Jio Infocomm Ltd. stalled.

Jaypee Infratech Ltd., Wish Town's developer, is among the first 12 corporates that the central bank pushed into insolvency court after it was armed this May with new powers to expedite resolution of the nation's more than $180 billion in soured debt.

India's judiciary must consider the interests of the economy and examine the impact of its verdicts on jobs, the country's top court said in a judgment that could help reduce stalled projects in Asia's third-largest economy.

Several states are pressuring the ruling government to extend a program to continue compensation for losses from Goods and Services Tax (GST)or risk a stalemate in attempts to further simplify the structure

Amazon.com Inc., which is trying to block India's richest man from taking over a struggling retail chain, fired a fresh salvo by alleging that money from the local firm was possibly diverted to other companies.

One of the largest COVID-19 vaccination drives in the world, India's campaign ever since January to vaccinate its 1.4 billion citizens has hit snag after snag, held back first by shortages and then by chaotic distribution..

In a rare plea, the chief judge at India's bankruptcy appeals court petitioned the Supreme Court to let him work for three more days even after his term was cut short by the federal government.

Supreme Court stopped regulatory approval for the Future Group's $3.4 billion asset sale to Reliance Industries Ltd., delaying the deal in a boost for Amazon.com Inc., which wants to scuttle the transaction in its bid to dominate the country's retail sector.

The tussle between two of the world's richest men -- Jeff Bezos and Mukesh Ambani -- to dominate India's estimated $1 trillion retail market is testing foreign investor patience with flip-flopping court rulings.

The Delhi High Court lifted an order restraining Future Group from selling its retail assets to Reliance Industries Ltd., in a setback to Amazon.com Inc.'s efforts to block the deal.

Tata Group, India's biggest conglomerate, said it's open to buying out the stake held by its largest minority shareholder -- the billionaire Mistry family -- as part of a proposal to help end a years-long legal dispute between the two parties.

A three-judge panel headed by Justice L. Nageswara Rao ruled that the bankruptcy case against the former billionaire will remain suspended.

An appeals court upheld charges by Cyrus Mistry that he was improperly ousted as chairman of the $110 billion Tata Group, paving the way for his reinstatement and marking a loss for the conglomerate's chairman emeritus Ratan Tata.

The process initiated Friday in Mumbai, once admitted by the court, would leave Ambani's Reliance Communications Ltd., or RCom, 270 days to repay debt or liquidate. The company voluntarily took the step after a planned sale of tower, spectrum and fiber assets to older sibling Mukesh Ambani's Reliance Jio Infocomm Ltd. stalled.

Jaypee Infratech Ltd., Wish Town's developer, is among the first 12 corporates that the central bank pushed into insolvency court after it was armed this May with new powers to expedite resolution of the nation's more than $180 billion in soured debt.

India's judiciary must consider the interests of the economy and examine the impact of its verdicts on jobs, the country's top court said in a judgment that could help reduce stalled projects in Asia's third-largest economy.