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TERMINATION OF LICENCE AGREEMENT
SC orders status quo in Bharat Hotels-The LaLit licence dispute with NDMCBharat Hotels has received temporary relief from the Supreme Court. The company is in a dispute with the New Delhi Municipal Council over l...
Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...
Delhi HC refers Zee-JioStar music copyright dispute to mediation, bars platform from using Zee's licensed worksZee Entertainment and JioStar India are heading to mediation to resolve a music copyright dispute. Zee sued JioStar for alleged unauthorize...
NCLT approves Mantra Properties buyout of Mulund projectThe company entered corporate insolvency resolution process (CIRP) in July 2023 on a plea by Beacon Trusteeship Ltd. It has two secured cre...
Delhi HC revives ₹1,063 crore dues, upholds termination of The LaLit licence in NDMC caseThe Delhi High Court has revived a massive license fee demand of over Rs 1000 crore against Bharat Hotels. The court also upheld the termin...
Aurobindo unit terminates pact with Singapore firm to develop pentavalent vaccineAurobindo Pharma has terminated a license agreement through its subsidiary Auro Vaccines with Hilleman Laboratories for developing a pentav...
Jaipur International Airport Limited receives Aerodrome licence from DGCAWorks like planting of saplings have been done, old vehicles have been replaced with electric vehicles, and an electric vehicle charging st...
Department of Telecom grants BSNL 20 year permit to provide services in Delhi, MumbaiThe extension of the licence allows BSNL to continue nationwide services such as local, long distance and international calls, very small a...
CPRL to pursue legal recourse against licence scrapping: Vikram BakshiThe board of CPRL had met yesterday to discuss the future course of action following the termination of the franchise agreement by McDonald...
McDonald's asks suppliers not to deal with CPRLMcDonald's India Pvt Ltd (MIPL) had last month terminated franchise licence of 169 outlets operated by Connaught Plaza Restaurants Ltd (CPR...
McDonald's row: NCLAT refuses to pass interim orderThis means the fate of 169 McDonald's stores in north and east India hangs by a thread as CPRL's licence to operate the outlets lapsed on S...
Some CPRL operated outlets of McDonald's remain openOn August 21, McDonald's India had terminated franchise agreement for 169 outlets run by CPRL alleging breach of contract terms and payment...
Will challenge termination of licence by McDonald's: Vikram BakshiBakshi, however, said in case the partners decide to part ways, he was open to a third-party valuation of CPRL for him to exit their troubl...
- Jawaharlal Nehru Port Trust likely to invite fresh bids for 4th terminal
Jawaharlal Nehru Port Trust, India’s largest container port, is likely to invite fresh bids for its fourth container terminal facility.
- 2G: DoT may send licence termination letters to new players
This was discussed in the Department of Telecom's internal meeting to discuss the implications of the Supreme Court order and way forward i...
- 2G spectrum: Prime Minister Manmohan Singh reviews ruling with senior ministers
Days after the Supreme Court cancelled 122 licences for 2G spectrum, Prime Minister Manmohan Singh today held consultations with senior Cab...
- Salman Khurshid endorsed views expressed by Trai
Law minister Salman Khurshid has formally endorsed the views expressed by telecoms regulator Trai.
- DoT raises one-time entry fee, validity of ISP licences
The government has extended the one-time entry fee for Internet Service Providers licence by up to Rs 10 lakh while raising the validity by...
- Local, intra-circle calls may be cheaper
Local and intra-circle calls from a private operator’s network to a BSNL connection may be cheaper soon.
- Bharti moves DoT against BSNL on call termination
Bharti Airtel has moved the DoT stating that BSNL was not permitting private long-distance operators to terminate intra-circular mobile and...