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Jindal Poly Films dispute, India's first class action suit, sent by Supreme Court to arbitrationThe Supreme Court has sent a minority shareholder dispute involving Jindal Poly Films to arbitration. This decision overturns earlier order...
Insider trading: Supreme Court upholds SAT clearance to Biocon MDThe Supreme Court has backed a tribunal's decision, clearing Biocon's managing director, Shreehas P Tambe, of insider trading allegations f...
Rajesh Exports founder denies fund diversion in ACC Energy, says SEBI misread accounting entriesRajesh Exports Chairman Rajesh Mehta refutes SEBI's fund diversion claims. He states accounting entries were misunderstood. The company fac...
PIL in Supreme Court alleges Rs 1,500 cr banking fraud, seeks court-monitored probeA PIL has been filed in the Supreme Court. It seeks a court-monitored investigation into alleged banking frauds. The case involves asset re...
Supreme Court: Court appointed amicus curiae seeks direction to MCD on action taken against illegal constructionsA court-appointed amicus curiae has approached the Supreme Court for urgent intervention. This follows a building collapse in Saidulajab, D...
LIC in talks with regulators on long-term instruments to match growing liabilities: CEOLife Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment opt...
RBI's reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on holdThe RBI's recent announcements are expected to attract substantial foreign capital, potentially strengthening the rupee. Analysts anticipat...
Strong backing, but light touch: What is the RBI's rupee playbook?The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneo...
Rajesh Exports likely to lose PLI beneficiary status, face MCA probeRajesh Exports faces potential removal from a government battery production incentive scheme. The corporate affairs ministry is considering...
Congress questions LIC's 10.8% stake in SEBI-probed Rajesh ExportsSEBI has barred Rajesh Exports promoter and CEO Rajesh Mehta from trading securities. The regulator alleges a gigantic scam involving misre...
Vedanta, Hindustan Zinc shares fall after metals giant confirms ED visits to officesVedanta and Hindustan Zinc shares dipped after the Enforcement Directorate visited some of their offices as part of a FEMA probe. The compa...
Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
Oyo parent gets Sebi nod for Rs 6,650-cr public offerOyo, the hospitality brand, has secured approval from the Securities and Exchange Board of India for its initial public offering. The compa...
Sebi drops case against NDTV for disclosure lapseThe Securities and Exchange Board of India has closed its case against NDTV. This action relates to alleged disclosure failures concerning ...
Supreme Court refuses to interfere with anticipatory bail to Swami Avimukteshwaranand Saraswati in POCSO caseThe Supreme Court has declined to intervene in the Allahabad High Court's decision to grant anticipatory bail to Swami Avimukteshwaranand S...
IIT Madras ₹10 LPA job offer, UPSC failures to alcohol addiction and more; techie shares friend’s 12-year journey of strugglesAn IIT Madras Chemical Engineering graduate rejected a ₹10 LPA placement to pursue UPSC, facing multiple failures over 12 years. After setb...
InvITs industry pushes for easier M&A rules to boost investor interestIndia's InvITs sector, managing ₹7 lakh crore in assets, is urging regulators for simpler M&A rules. Industry leaders want change of contro...
Pushp Brand files IPO papers with SebiPushp Brand (India) is preparing for its initial public offering. The spice manufacturer plans to raise between Rs 800 crore and Rs 1,000 c...
After 50 hearings, court reserves judgement in Daiichi-Fortis caseThe Delhi High Court has reserved its judgment in a significant arbitration case. Japanese drug maker Daiichi Sankyo is seeking to enforce ...
Supreme Court upholds CCI order, clears NSE of anti-competitive practices in co-location caseThe Supreme Court has backed the Competition Commission of India's decision. This means no investigation will occur against the National St...