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CONTRACTUAL ISSUES
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...- Global liquor companies chase Indian state dues of $400 millionAlcohol industry giants accuse Telangana of breaking accounting rules. The southern Indian state owes them nearly $400 million. Companies s...
- NCLT rejects insolvency plea against Noida Metro Rail Corporation over pre-existing disputesThe National Company Law Tribunal has rejected an insolvency plea against Noida Metro Rail Corporation. The tribunal found genuine disputes...
- US-based Tryfacta files draft papers for $100-150 million GIFT City IPOUS-based Tryfacta Inc is set to become the first US-headquartered company to list its equity shares in India through GIFT City, filing draf...
- VC contract terms get tougher on founder shares after governance lapsesVenture capital firms are tightening founder contracts, with nearly 76% of Indian startups now allowing the forfeiture of vested shares for...
- ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...
- Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hitMahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...
- He kept falling asleep at work and expected to lose his job. But manager’s response left him in tears. ‘Your work is not your life’A manager showed compassion when an employee was repeatedly falling asleep at work due to a medical condition and medication. Instead of fi...
- Punjab government abolishes date-of-birth based tie-breaker in board examsThe Punjab government has abolished the date-of-birth-based tie-breaker system in board exams to ensure fair ranking for all high-scoring s...
- India weighs action against HAL for delayed Tejas fighter deliveriesIn light of ongoing delays in the delivery of Tejas Mk1A fighter jets, the Defence Ministry is contemplating penalties for Hindustan Aerona...
- Toll collection against construction services provided to NHAI taxable: Rajasthan HCRajasthan High Court ruled toll collection rights are taxable consideration for highway construction. This decision impacts public-private ...
- Explained: Why Bharti Airtel, Vodafone Idea shares rallied up to 4% on TuesdayBharti Airtel and Vodafone Idea shares gained up to 4% after Bombay High Court quashed the government's one-time spectrum charge demands, p...
- HC quashes ₹23,600 cr retrospective spectrum dues on Airtel, Voda IdeaThe Bombay High Court has cancelled spectrum charges of approximately 23,600 crore rupees for Bharti Airtel and Vodafone Idea. The court ru...
- Varanasi Municipal Corporation moves to relocate meat, fish markets in phased mannerVaranasi Municipal Corporation is set to move meat, fish, and poultry shops to designated areas outside the city. This move aims to improve...
- News channels draw battle lines over ratings freezeRegional broadcasters explore court options as MIB extends BARC news ratings suspension by four weeks.
- SC asks Karnataka HC to expeditiously decide ED-Embassy dispute, declines to interfere with interim orderA Bench of Justice Dipankar Datta and Justice Augustine George Masih passed the order while hearing a Special Leave Petition filed by the E...
- Congress' Raman Bhalla says delay in J&K statehood restoration, local body polls is hurting public interestJammu and Kashmir Congress on Sunday voiced strong concerns regarding the ongoing delay in restoring full statehood and holding elections f...
- Banks want arbitration restored for infra disputes above ₹10 croreBanks want arbitration back for big infrastructure disputes. They fear new rules will slow down payments and hurt sector funding. The gover...
- Why Ranveer Singh could struggle to start his next film after ‘Don 3’ falloutThe Federation of Western India Cine Employees has banned actor Ranveer Singh from working with its members. This action follows his sudden...
- High Court says no to 'coercive action' against IndiGoThe Delhi High Court has stopped the GST department from taking action against IndiGo's parent company. This is regarding a ₹458 crore GST ...
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