Market News
Stay updated with the latest market trends, earnings, and economic indicators.
'Mahabharat Will Look Small': Supreme Court Judge On Rs 30,000-Crore Sanjay Kapur Estate Row
Sunjay Kapur was married three times and is survived by his three children.
Rani Kapur moves Supreme Court over family trust-linked board meeting
The new application, reviewed by Mint, asked the court to restrain Kapur's widow, Priya Kapur, and other respondents from changing the management structure, appointing new directors, altering bank signatories, or taking financial decisions
Supreme Court agrees to hear IEX plea against power market coupling order
The Supreme Court will review the Indian Energy Exchange's challenge to a regulatory order. This order mandates market coupling for power trading. The court refused to halt the implementation of this process. The Indian Energy Exchange argues the order is arbitrary and will harm its market share. The Central Electricity Regulatory Commission is now required to respond to the appeal.
SC refuses to reopen 2021 ruling exempting foreign software payments from royalty tax
The Supreme Court has once again dismissed the income tax department's review petitions concerning the taxation of software payments to non-residents. The court reiterated its March 2021 ruling that such payments are not royalty, as end-user licenses do not transfer copyright. This decision provides significant tax relief for Indian companies acquiring software.
'Maybe he was cheated': Anil Ambani's lawyers respond as SC hears ₹27,300 crore bank fraud probe
The Supreme Court heard the Reliance Communications case as CBI alleged ₹27,300 crore fund diversion, while Anil Ambani’s lawyers questioned the investigation and attachments.
Supreme Court rules consumers not liable for unused power plant tariffs
The Supreme Court has ruled that electricity consumers are not obligated to pay tariff charges for a power plant that has stopped supplying electricity. The apex court restored a previous order against Tata Power Delhi Distribution Ltd. This decision means consumers will not bear the cost of a plant that is no longer operational.
'Manner Of Confrontation...': Iran President Shares Details Of 2.5-Hour Meet With Supreme Leader Khamenei
File image of Iranian Supreme Leader Mojtaba Khamenei
Alpha Corp to take over three stuck projects following Supreme Court approval
The Supreme Court has revived Alpha Corp's plan to complete three stalled projects of Earth Infrastructures. This decision offers hope to over 3,000 homebuyers. Alpha Corp will invest Rs 750 crore to finish the projects, with no extra cost to buyers.
Zaggle signs 3-year agreement with Supreme Industries for Zaggle Propel platform
Shares of Zaggle Prepaid Ocean Services Ltd ended at ₹255.20, up by ₹13.15, or 5.43%, on the BSE.
To tax or not to tax mineral rights in India? SC to hear pleas on May 20
The Supreme Court will hear pleas on May 20 concerning legislative power to tax mineral rights, as the Centre's curative petition is pending. Previously, a nine-judge bench ruled states hold this power, dismissing review pleas. The Centre's curative petition seeks reconsideration of this verdict.
Iran Releases List Of Official X Handles, Claims Removal Of Verification Badges
The list included the handles of Supreme Leader Ali Khamenei, President Masoud Pezeshkian, Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi.
Supreme Court directs MSEDCL to pay ₹250 crore to JSW Energy in tariff dispute
Shares of JSW Energy Ltd ended at ₹562.00, down by ₹0.65, or 0.12%, on the BSE.