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...
17 Oct, 2026, 09.30 PM IST
Son living in father's property receives eviction notice after family feud, he fights back in court; Delhi High Court orders son's family to vacateDelhi High Court upheld a father-in-law’s decree for possession of his Paschim Vihar flat but said his widowed daughter-in-law cannot be ev...
17 Oct, 2026, 03.00 PM IST
Converts from Hindu can't claim quota on previous status: SCThe Supreme Court ruled that converts from Hinduism cannot claim reservation benefits from their previous caste status. This decision follo...
16 Oct, 2026, 12.07 AM IST
- In 1997, a US appeals court ruled in an estate-tax battle involving a 657-acre Texas farm valued at $650,000 and three other properties; here's what happened
Cervin died in 1988. He and his wife, Manita Cervin, had purchased three whole life insurance policies on his life from Mutual Life Insuran...
15 Oct, 2026, 07.11 PM IST
He wrote $464,000 in checks before his father's death; the IRS later challenged the giftsA Pennsylvania man's decision to write 11 checks worth $464,000 five days before his father's death led to an IRS estate tax dispute. A US ...
15 Oct, 2026, 06.37 PM IST
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...
15 Oct, 2026, 06.01 PM IST
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,...
15 Oct, 2026, 03.47 PM IST
In 2024, a US court ruled on an ownership dispute involving two properties sold for $10,200 after a tax-deed transfer; here's what happenedIn a decision in Thomas DeCola v. Matt H. and Anne L. Sheafer, the appeals court rejected Thomas DeCola's arguments. It stated that the tax...
14 Oct, 2026, 10.55 PM IST
- An ancient idol drew a $12.7 million bid; Why Turkey failed to get it back
A prehistoric marble figurine from Anatolia became the centre of a multimillion-dollar ownership dispute after a reported $12.7 million bid...
14 Oct, 2026, 02.51 PM IST
Stripchat loses legal fight against EU tech labelAdult content platform Stripchat has lost its legal case against EU regulators over online content rules. The European Commission had desig...
14 Oct, 2026, 01.52 PM IST
Anthropic seeks rehearing of case over Pentagon's security risk brandingAnthropic asked a US appeals court on Tuesday to reconsider a ruling that upheld the Pentagon's decision to label the AI company as a natio...
14 Oct, 2026, 07.56 AM IST
- US Supreme Court agrees to hear watchdog lawsuit seeking records on Elon Musk's DOGE
The US Supreme Court has agreed to hear a lawsuit concerning public records about Elon Musk's Department of Government Efficiency. Citizens...
14 Oct, 2026, 07.48 AM IST
In 2000, Allen Paulson left behind $193 million fortune, unpaid taxes, family inheritance fight led US authorities to pursue his heirsPaulson died on July 19, 2000, leaving behind an estate valued at $193.4 million for federal estate-tax purposes. Most of his assets were h...
13 Oct, 2026, 10.50 PM IST
In 1942, a woman inherited property worth $33,650, its value rose to $95,000, then a mother-son ownership arrangement triggered a US estate-tax disputeThe dispute reached the US Court of Appeals for the Fourth Circuit, which ruled on November 1, 1967, in favour of the Internal Revenue Serv...
13 Oct, 2026, 09.28 PM IST
Karnataka Cabinet to decide on appeal against High Court ruling on SC/ST quotaThe Karnataka Cabinet will review the High Court's ruling that annulled the increased SC/ST reservation in college admissions. This law rai...
13 Oct, 2026, 05.17 PM IST
In 2005, a US couple sold their farm during bankruptcy, IRS sent them a tax bill, Supreme Court settled who paysThe case, Hall v. United States, involved Lynwood and Brenda Hall, who filed for bankruptcy under Chapter 12 of the US Bankruptcy Code in A...
09 Oct, 2026, 08.22 PM IST
In 1972, US investor received property, agreed to swap it same day, IRS challenged his tax treatment: Why court couldn't tax the exchangeThis case involves Joseph R. Bolker and his property called Montebello. Things got complicated and the issue eventually went all the way to...
08 Oct, 2026, 09.01 PM IST