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US SETTLEMENTS
Cold war over ice cream: A three-decade old Vadilal family feud returns to Bombay High CourtA three-decade-old family pact dividing the Vadilal ice cream brand is now a legal battleground. The Mumbai branch has sued the Ahmedabad b...- Byju's lenders seek 30% stake in Indian education group in settlementByju's operated in more than 21 countries at one point and became popular during the COVID-19 pandemic by offering online courses. But it...
- Indian refiners unlikely to rush for Iranian oil despite temporary US sanctions waiver, says analystIndian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its dura...
- Bank fraud cases: CBI flags issue of pending sanctions to probe bank officials in corruption casesThe CBI has highlighted significant delays in obtaining sanctions to probe and prosecute bank officials for corruption and fraud. This hurd...
- RBI nudges banks to offer better forex rates to retail customersThe Reserve Bank of India is pushing banks to offer better foreign exchange rates for individuals and small businesses. A new platform allo...
- Alera Group data breach settlement: Americans could get up to $3,500 in settlement payouts-know who’s eligible and the claim deadlineA significant data breach settlement from Alera Group Inc. offers thousands of Americans a chance for compensation, with a filing deadline ...
- China pledges 'unwavering support' for Pakistan's Iran-US mediation effortsChina has pledged "unwavering support" for Pakistan's crucial role in mediating peace talks between the US and Iran. Following high-level d...
- Lawyers for Gautam Adani urge US judge to dismiss criminal caseIndian billionaire Gautam Adani's lawyers are pushing a U.S. judge to officially drop criminal charges after the Justice Department announc...
- Israeli defence minister says 'no US demand' to withdraw from LebanonIsrael's Defence Minister Israel Katz stated that the US has not demanded a troop withdrawal from southern Lebanon, a key Lebanese conditio...
- Gold slips as Fed rate-hike expectations buoy dollarGold prices dipped on Wednesday, reaching their lowest point since June 11, as a stronger dollar, fueled by anticipated U.S. interest rate ...
- Gold price prediction: Why is Gold rate down today? Will bullion drop further in upcoming months?Gold rate: Gold is undergoing volatile trading mode with Iran-U. S war situation and Federal Reserve's position playing pivotal factors.
- WTO to set up dispute panel in China's case against India's solar, IT goods measuresChina has successfully established a World Trade Organization panel to challenge India's solar cell, module, and IT goods policies. Beijing...
- Iran says won't allow UN inspectors at bombed nuclear sitesIran declared UN nuclear watchdog inspections at bombed sites are off-limits, despite a US-Iran deal to end the Middle East war. Talks in S...
- NCLT posts Byjus-Aakash hearing for July 16 as parties seek time for settlementAakash Educational Services and Think & Learn's resolution professional requested a delay in NCLT proceedings, citing advanced settlement t...
- Byju's Aakash endgame; Startup deal street wakes upHappy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch.
- Byju’s-Aakash settlement talks enter final stretch ahead of NCLT hearingSettlement talks are underway between Manipal Education and Medical Group and GLAS Trust, representing Byju's US lenders, to resolve the Aa...
- Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
- Iran-US sign 14-point deal at Versailles: In 1919, the same place hosted a treaty after World War I that created conditions for World War IIIran-US Deal: US President Donald Trump and Iranian President Masoud Pezeshkian signed a 14-point Memorandum of Understanding at France's P...
- Adani Green in talks to raise as much as $1 billion in offshore borrowing after US settlementAdani Green Energy is planning to secure a significant offshore loan of up to $1 billion. This marks the company's first international borr...
- India, Sri Lanka collaborate to strengthen trade interactions through local currency settlement initiativesIndia and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...
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