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HIGH STAKES CORPORATE DISPUTE
INWIT investors line up financing for possible take-private, sources sayShareholders of INWIT are reportedly arranging financing for a potential take-private bid amid ongoing disputes. The investors involved inc...
Brazil's Embraer to take 51% stake in Mahindra aerospace subsidiary to form JVIn a strategic collaboration, Embraer has teamed up with Mahindra Defence Systems to form Novavayu Aerospace Limited. This joint venture ai...
Office politics can help you get ahead in career: 5 strategies on how to play it ethically, reveals corporate job advisorOffice politics is often seen as a negative part of corporate life, but career creator Avreen believes it can help employees grow if handle...
Google Gmail account dispute: Delhi High Court says commercial email services don't qualify as public functionThe Delhi High Court has dismissed a petition by Janta Live Press Network seeking restoration of its disabled Gmail account, ruling that pr...
Neighbour claiming your property? Your sale deed’s boundary details could be crucialIn a significant legal clash in Bangalore, Mr. Thimmadasappa defended his land rights against K.M. Venkatamuniyappa's unfounded claim that ...
Quant Small Cap Fund exits ICICI Bank and 5 others, reduce stake in Zydus Wellness and 5 more in SeptemberQuant Small Cap Fund exited ICICI Bank and five other stocks in September while trimming its holdings in six stocks, including Zydus Wellne...
Suits & Sayings: High StakesET’s roundup of the wackiest whispers in corporate corridors
Gold imports by nominated agencies may come under GST as Council weighs tax parityThe GST Council is set to meet on October 8, focusing on whether government agencies should be brought under the GST regime. As it stands, ...
In 1977, US couple swapped apartment building, transferred property to a partnership the same day: Why a court told IRS their tax break staysThe US Court of Appeals for the Ninth Circuit upheld the decision in favour of Norman J. and Beverly G. Magneson in February 1985, rejectin...
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...
ITC shares slide 3% on block deal buzz; FMCG giant down 29% in 2026ITC shares witnessed a drop on Thursday amid reports of likely block deals, with nearly 39 crore shares changing hands across the NSE and B...
'Honey please I need you...': Kimberly Guilfoyle reportedly asked Trump donor Eric Deters to pay off her $100,000 AmEx billKimberly Guilfoyle allegedly approached Republican donor Eric Deters for financial assistance ahead of her Senate hearing. She requested $1...
Goodman's Japanese data centre comes under fire following Sydney site setbackThe dispute with residents in Japan is part of a broader global backlash against data centres, as local communities raise concerns about th...
Businessman’s bank account put on hold after a Rs 2,253 transaction was flagged, requests to use the remaining balance went unanswered; High Court orders Axis Bank to release the moneyCalcutta High Court has ordered Axis Bank to defreeze a Kolkata businessman's bank account that had been put on hold over a cyber fraud cas...
Sumitomo buys 49% in Hero Future Energies unit for Rs 375 croreJapan's Sumitomo Corporation has made a strategic investment by acquiring a 49% interest in a Hero Future Energies subsidiary for ₹375 cror...
Micron enters $600 million settlement of Netlist patent disputeNetlist said in a statement that Micron would pay $30 million per quarter for a five-year license to Netlist's patent portfolio that includ...
LIC mints Rs 531 crore in one day as Trent shares rally 13%; insurance behemoth’s stake value nears Rs 4,700 crTrent shares rose sharply after a strong Q2 business update, adding over Rs 17,540 crore to its market capitalisation. The surge lifted the...
Nvidia’s $20 billion Groq deal under fire: Why shareholders are suingIn a striking legal development, two ex-Groq engineers have taken Nvidia to court over alleged mismanagement of their technology and person...
Sumitomo Corp picks up 49% stake in Hero group unitSumitomo Corporation has acquired a 49% stake in a Hero Future Energies project vehicle that will develop a 500 MW wind-solar-battery proje...
IHH plans to raise Fortis stake to 51%, expand capacity to 10,000 beds by 2031IHH Healthcare aims to raise its stake in Fortis Healthcare to 51 percent within three to five years. The company intends to increase Forti...