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L 1 LICENCE
Delhi HC rejects Pernod Ricard's plea against denial of L1 liquor licenceThe Delhi High Court has rejected Pernod Ricard's plea for an L1 wholesale liquor licence. The French spirits giant faced denial due to a p...- When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
- Delhi HC revives ₹1,063 crore dues, upholds termination of The LaLit licence in NDMC caseThe Delhi High Court has revived a massive license fee demand of over Rs 1000 crore against Bharat Hotels. The court also upheld the termin...
- Delhi govt's ease-of-doing-biz boost to hospitality sector: Eating house certificate norm relaxedIn a move to boost ease of doing business, the Delhi government has eliminated the requirement for the "Eating House Registration and Lodgi...
- Delhi HC reserves order on Manish Sisodia's bail plea in excise policy caseDelhi High Court reserved order on bail plea by AAP leader Manish Sisodia in excise policy case, granting more time for CBI and ED to respo...
- Excise policy case: Delhi court extends judicial custody of Manish Sisodia, others till May 8Judicial custody extended for Sisodia, Nair in Delhi excise scam. ED to digitize documents. Kejriwal, Kavitha also in custody. AAP labeled ...
- Excise scam: Delhi court extends judicial custody of AAP leaders Manish Sisodia, Sanjay SinghThe CBI had registered the case alleging that irregularities were committed while modifying the Delhi excise policy, undue favours were ext...
- Excise policy scam: Delhi Court seeks reponse from ED on Raghava Reddy's bail pleaAs alleged, the Excise Department had decided to refund the Earnest Money Deposit of about Rs 30 crore to a successful tenderer against the...
- Delhi govt invites applications for renewal of liquor licences for 2023-24The Delhi government on Tuesday invited applications for the renewal of different kinds of liquor licences for 2023-24 as a new excise poli...
- Excise 'scam': Delhi court extends judicial custody of four accused till Jan 7The ED told the court that the investigation regarding the role of other accused persons and the phasing out of the remaining proceeds of c...
- Delhi government has power to float New Excise Policy 2021, observes High CourtThe bench said that change is inevitable and new excise policy is no exception and stated that to withdraw from the sale and distribution, ...
- Bidding for retail licences to supply liquor in 12 zones of Delhi to open on FridayFresh bid for grant of 12 zonal retail licences for supply of Indian and Foreign Liquor, except country liquor, in Delhi during the financi...
- Delhi allows home delivery of liquor; take-away of draught beer from micro-breweries also permittedThe rules also permit the holders of the necessary licences to serve liquor in open spaces such as terraces, the courtyards of clubs, bars ...
- Ola denied licence for London roads, to appeal decisionThe timing is also critical given that ride-hailing services were adversely impacted by the COVID-19-induced lockdowns in various parts of ...
- NBFCs rally as RBI likely to give bank licences in next 10-15 daysNBFCs which have applied for bank licenses surged as much as 5 per cent after RBI said it would hand out new banking licences within the ne...
- Bimal Jalan panel on bank licences submits recommendations to RBIJalan panel, which scrutinised applications for new bank licences, submitted its report along with shortlisted entities to the Reserve Bank...
- Banking on hope: IDFC, L&T Finance rally as much as 5%Reacting to the news, IDFC rallied as much as 3.7 per cent and L&T Finance Holdings Ltd rose nearly 4.9 per cent in trade today.
- Stock of banking aspirants up as RBI invites applicationsStock of L&T Finance was up 5 pc, while that of Reliance Capital was up 1.02 pc, as both the companies said they will apply for the licence.
- Vedanta’s Raykal deal hinges on L&T winning mining leasesVedanta has the option to acquire 100% in Raykal, only if L&T’s prospecting licence gets converted into a mining lease.
- L&T General Ins plans to start operations in next 3-5 monthsL&T General Insurance is readying to launch its operations in the next 3-5-months, a top company official said.
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