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INDIA SUPREME COURT RULINGS
Yes Bank unlikely to pay AT1 bond coupons despite bond holders demand, sources sayYes Bank has announced potential non-payment of coupons on additional tier-1 bonds this fiscal year following a Supreme Court decision that...- Any impeachment motion against CEC will be examined under rules: Lok Sabha Speaker Om BirlaProtests are escalating as citizens call for the resignation of Chief Election Commissioner Gyanesh Kumar amid allegations of misconduct in...
- Can race-neutral school admissions policies still discriminate? What’s at stake in the US Supreme Court’s Maryland school caseThe US Supreme Court is set to examine the contested admission policy in Montgomery County affecting Asian-American students. The court's r...
- Posters on a Mangaluru roadside wall called a Supreme Court judgment a denial of justice, 13 men booked, now Karnataka High Court has quashed the FIRKarnataka High Court has quashed an FIR against 13 men who put up posters in Mangaluru criticising a Supreme Court judgment. The court held...
- Yes Bank shares rise as Q2 profit beats estimates, but AT1 bond verdict hit pegged at Rs 5,217 crore. What lies ahead?Yes Bank shares rose after falling 17% over two sessions, following a 65% year-on-year jump in Q2 net profit to Rs 1,080 crore. However, th...
- Global investors against use of judicial anti-avoidance rule by tax officialsInternational investors have raised concerns regarding the Indian Income-tax authorities' invocation of the judicial anti-avoidance rule. A...
- Sumitomo-backed Yes Bank pegs AT1 bond verdict hit at Rs 5,217 croreYes Bank's reported profit for the September quarter could have turned into a loss due to the AT1 bond ruling. The bank's CET-1 ratio would...
- Yes Bank Q2 profit beats estimates, but Supreme Court's AT1 bond ruling impact not booked as lender weighs further appealYes Bank reported a 65% year-on-year rise in second-quarter profit to Rs 1,080 crore, beating analyst estimates. However, the lender said i...
- Contempt notices to Sanjay Raut and Nikhil Wagle over remarks against CJI, JudiciaryThe Supreme Court has issued show-cause notices to Sanjay Raut and Nikhil Wagle regarding their remarks. These remarks were considered pote...
- Will flyers get relief? Centre finalises aviation rules as SC examines steep airfaresCentre has received administrative approval for rules under the Bharatiya Vayuyan Adhiniyam, 2024, and expects to publish them within two w...
- SC new ruling on college fees: Private engineering and medical colleges can't hike fees midwayThe Supreme Court has ruled that private professional colleges can increase fees after admission only in exceptional circumstances, such as...
- Yes Bank expects 250 bps reduction in core capital ratio after SC sets aside AT1 bond write-offYes Bank expects its core capital ratio to decline by 250 basis points following the Supreme Court's decision to overturn the write-off of ...
- SBI helped save YES Bank, Japan came aboard, and now an ₹8,415-crore ghost is crashing its comebackYES Bank’s ₹8,415-crore AT1 bond write-off, carried out during its 2020 reconstruction, has returned to the spotlight after the Supreme Cou...
- SC seeks Centre’s response on plea for uniform guidelines on all forms of ‘talaq’The Supreme Court has issued notices regarding a petition aimed at regulating 'talaq' practices among Muslims. This petition challenges the...
- Supreme Court asks Centre to submit final airfare rules by November 16The Supreme Court has mandated that the government submit finalized rules regarding airline fare regulations within a month. Solicitor Gene...
- India's Yes Bank AT-1 ruling won't impact ratings despite earnings hit, S&P saysYes Bank faced a setback as India's Supreme Court overturned its write-off of 84 billion rupees in bonds. S&P Global Ratings stated the rul...
- YES Bank examining SC ruling on Rs 8,415 crore AT1 bond write-offYES Bank is currently reviewing the Supreme Court decision that overturned its AT1 bond write-off. This ruling follows the Bombay High Cour...
- Supreme Court upholds Bombay HC ruling quashing YES Bank's Rs 8,415 crore AT1 bond write-offThe Supreme Court has confirmed the Bombay High Court's verdict that invalidated YES Bank's write-off of AT1 bonds totaling Rs 8,415 crore,...
- SC likely to hear Rahul Gandhi, INDIA bloc leader’s plea against ECI’s SIR decisions tomorrowThe Supreme Court is likely to hear a petition filed by Rahul Gandhi and 12 other INDIA bloc leaders challenging the Election Commission’s ...
- No ruling yet on revised Form 6, says Supreme CourtThe Supreme Court clarified that it has neither approved nor disapproved the Election Commission's revised Form 6. The court explained that...
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