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FORCE MAJEURE NOTICE
Why US stocks are down: Dow, Nasdaq slide as Iran tensions push oil, yields higher amid Trump-Xi talksWall Street's main stock indexes fell as Middle East tensions weighed on financial markets. Oil prices have risen, which is causing a spike...- Why is Oracle stock crashing today at NYSE, Wall Street? Check reason behind ORCL share price bloodbath on ThursdayOracle Share price today: Oracle is aiming to delay payments should the data center dubbed Project Jupiter get derailed and fail to come on...
- Oracle cites 'force majeure' to shield itself on controversial data centre: Bloomberg NewsOracle is seeking to protect itself from potential cost increases related to a large data center project in New Mexico by sending a "force ...
- GR Infraprojects shares drop 2% after terminating contract with NTPC. Here’s whyShares of GR Infraprojects fell 2% after the company issued a notice to terminate its contracts with NTPC for a Battery Energy Storage Syst...
- When ‘almost complete’ means years of waiting: How RERA extensions are pushing possession dates further away for homebuyersMany housing projects miss their completion dates and seek extensions. A MahaRERA analysis shows many projects have extension histories. Re...
- Ageing housing societies: How homeowners can avoid losing their homes and money to redevelopment delaysAgeing housing societies that were promised bigger, modern living spaces have seen builders abandon or stall construction for years, with l...
- 'No substitute': Kuwait's future tied to Hormuz strait fateKuwait's oil exports have plummeted due to the ongoing war and Strait of Hormuz closure. The nation faces its biggest crisis since the 1990...
- Hormuz uncertainty pushes landed costs up to 50%, raising risk of higher consumer pricesThe escalating unrest near the Strait of Hormuz is causing a notable spike in shipping expenses for businesses in India. An increase in fre...
- Rented house damaged in a flood or earthquake? Do you still have to pay rent to your landlord? Here's what the law saysCan tenants stop paying rent after floods, earthquakes, or other natural disasters? Here's what the Transfer of Property Act, 1882, and the...
- Asian refineries, petrochemical firms cut runs as Iran war disrupts suppliesGlobal energy markets face disruption. Asian refineries and petrochemical firms are cutting operations. This follows a U.S.-Israeli conflic...
- Hindalco halts production of extruded aluminium products due to Iran war, notice saysHindalco Industries has stopped producing extruded aluminium. This value-added product is crucial for construction, electric vehicles, and ...
- What does force majeure mean? Why Bahrain’s Bapco declared it amid rising crude oil prices and can it disrupt the global oil supply?Bahrain's state oil company, now under Bapco Energies, has declared force majeure for its shipments after an Iranian attack set its refiner...
- Petronet LNG invokes force majeure as West Asia crisis disrupts Qatar shipmentsIn a significant move, Petronet LNG, India’s foremost LNG importer, has invoked force majeure, affecting its shipments from QatarEnergy and...
- Gujarat Gas shares crash 7% after force majeure notice as US-Iran war enters day sixGujarat Gas share price: Gujarat Gas shares plunged 7% after it issued force majeure notices to industrial customers as the US-Iran war dis...
- Petronet LNG shares crash 8% after issuing force majeure notices amid Middle East hostilitiesPetronet LNG crashed 8% after it issued a force majeure notice to QatarEnergy due to supply disruptions from Middle East hostilities, preve...
- What is force majeure? The legal term everyone should know during Covid-19 crisisThe term that has assumed relevance in contractual context today for businesses is “force majeure”.
- State discoms end Force Majeure period, restart power purchasesHowever, private power companies have started exploring legal options to contest non-payment of fixed charges by states for about 60 days o...
- Companies prefer pre-litigation mediation to force majeureCompanies in the manufacturing, services and real estate sectors, in particular, are looking at mediation to end disputes with suppliers, v...
- Shuttered buyers send force majeure notices to energy companiesAs nationwide demand plummets, oil and gas players flooded with such notices.
- A force majeure clause is quite critical in commodity contractsThe event and the causal connection must be outside the control of the parties and should typically be seen as ‘unforeseeable’ and ‘impossi...
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