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WORLD BANK COURT OF ARBITRATION
India tells arbitration court Indus order holds no waterIndia has rejected an award from the World Bank's Court of Arbitration concerning the Indus Waters Treaty. The Ministry of External Affairs...
Daiichi-Ranbaxy case: Delhi HC orders forensic audit into transactions of Fortis, Singh brothersThe Delhi High Court has appointed a forensic auditor to examine transactions. This audit aims to trace the dissipation of Fortis Healthcar...
India rejects Indus Waters award, says treaty remains in abeyance; ‘illegal’ court has no say in its actionsIn a significant move, India has turned down the arbitration decision related to the Indus Waters Treaty, asserting that the arbitration bo...
SpiceJet seeks extension of time to deposit ₹50 crore in KAL Airways dispute; Delhi HC declines to interfere at this stageThe Delhi High Court declined to issue an interim order regarding SpiceJet's delayed payment. SpiceJet sought more time to deposit the firs...
AI offers India big opportunities to boost jobs, living standards: World Bank MD Paschal DonohoeThe global economy shows resilience despite recent shocks and continues growing. Artificial intelligence offers significant opportunities f...
Singapore diplomat, Myanmar activist, Bangladeshi aid giver win Magsaysay awardsThree Asian individuals received the Ramon Magsaysay Awards for their significant contributions. A Singaporean lawyer led the adoption of t...
Delhi HC orders forensic audit of Fortis, IHH and RHT transactions in $4.6-billion Daiichi-Singh caseThe Delhi High Court on Monday ordered the appointment of a forensic auditor to examine transactions involving Fortis Healthcare, Malaysia’...
HDFC Bank faces governance test as CEO exit raises questionsHDFC Bank, long regarded as a cornerstone of financial sector, is now under scrutiny for its governance and ethical practices. Recent alleg...
Bankers question role of RP in the Subhash Chandra case and how net worth was computedDissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how ...
Tata Power shares slide 4% after company loses $490 million arbitration challenge in Singapore. What's the case about?Tata Power shares tumbled after the Singapore International Commercial Court dismissed the company’s challenge to a $490 million arbitratio...
Stocks in news: Tata Power, Jio Financial Services, Bharat Electronics and Hindustan CopperIndian stock markets experienced minimal fluctuations on Wednesday, resulting in a lower close for the Nifty50. Although technical signals ...
- Tata Power loses challenge to $490 million arbitration award
Tata Power's challenge to a $490 million arbitration award was rejected by Singapore's court. The court upheld damages awarded to Kleros Ca...
Calcutta HC grants Abhishek Banerjee protection from coercive action in 3 criminal casesThe Calcutta High Court granted protection to TMC MP Abhishek Banerjee. Police cannot take coercive measures or interrogate him in three ca...
Afcons Infrastructure shares rally 4% after receiving Rs 335.5 crore arbitration awardAfcons Infrastructure shares gained 4.40% after the company received a favourable arbitral award of Rs 335.50 crore from a tribunal in its ...
Stocks in news: TCS, ICICI Bank, Hindustan Copper and Piramal FinanceThe Indian equity markets experienced a downturn today, with the Nifty50 index finishing slightly above 24,200. Traders brace for heightene...
HC says won't consider non-encashment of Reliance Communications' bank guarantees as defaultThe Delhi High Court will not consider non-encashment of RCom bank guarantees as a default. This ruling applies until the next hearing sche...
Chasing dues could get easier for small businesses under new rules, MSME Secy Bharat Khera explainsThe number of enterprises in the formal ecosystem has increased from around 16.5 million three to four years ago to 92 million currently, s...
CJI Surya Kant introduces 'Nyaya Setu' and 'Nyay-nomics' at BRICS Plus Legal ForumChief Justice Surya Kant introduced 'Nyaya Setu' and 'Nyay-nomics' at the BRICS Plus Legal Forum. These concepts aim to foster judicial coo...
Parliamentary panel says excessive judicial interventions slow down arbitration decisionA parliamentary committee noted judicial intervention hinders arbitration efficiency. Excessive court involvement slows down dispute resolu...
Amazon reinstates binding arbitration, bars class-action lawsuitsIn emails on Friday, Amazon said the changes are effective immediately and customers agree to the terms by continuing to use the company'...