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Supreme Court pulls up Centre over food safety failures, seeks audit
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ET Markets - Industry 16d ago

Supreme Court pulls up Centre over food safety failures, seeks audit

The Supreme Court has directed the Centre and the Food Safety and Standards Authority of India to explain why a nationwide performance audit of food safety regulations is needed. This comes amid concerns over food adulteration and weak enforcement. The court seeks to understand the effectiveness of the current food safety framework.

CURRENTSUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
SC seeks Centre, ED responses on plea alleging Rs 14,000 crore diversion in Noida, Yamuna Expressway housing projects
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ET Markets - Industry 16d ago

SC seeks Centre, ED responses on plea alleging Rs 14,000 crore diversion in Noida, Yamuna Expressway housing projects

The Supreme Court has issued notices to the Centre, Enforcement Directorate, RBI, Uttar Pradesh authorities, and several real estate firms. This follows a plea alleging diversion of thousands of crores collected from homebuyers in Noida and Yamuna Expressway projects. Advocate Prashant Bhushan highlighted a pattern of developers diverting funds and pushing projects into insolvency.

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Gaming Companies Weigh Review Plea, Larger Bench And Government Relief After Supreme Court GST Blow
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NDTV Profit 16d ago

Gaming Companies Weigh Review Plea, Larger Bench And Government Relief After Supreme Court GST Blow

In a landmark ruling on Wednesday, the Supreme Court upheld the government's decision to levy 28% GST on the full face value of bets and deposits in online gaming, instead of platform fees or commissions.

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Supreme Court sets aside CCI’s  ₹202 crore penalty on Amazon in Future Coupons case
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LiveMint - Companies 17d ago

Supreme Court sets aside CCI’s ₹202 crore penalty on Amazon in Future Coupons case

The top court has ordered the refund of any amount deposited with interest, overturning the regulator’s action over Amazon’s 2019 Future Coupons investment and disclosure allegations.

BFINVESTFELFELDVRSUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
Supreme Court Sets Aside CCI's Rs 202 Crore Penalty On Amazon In Future Coupons Deal Case
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NDTV Profit 17d ago

Supreme Court Sets Aside CCI's Rs 202 Crore Penalty On Amazon In Future Coupons Deal Case

In addition to setting aside the penalty imposed by the CCI, the Supreme Court also directed that any amount deposited or recovered from Amazon be refunded within eight weeks.

FELFELDVRSUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
US, Iran Agree In Principle To Deal To Reopen Hormuz: Report
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NDTV Profit 20d ago

US, Iran Agree In Principle To Deal To Reopen Hormuz: Report

Agreement reportedly includes disposal of highly enriched uranium, though final approval from Donald Trump and Iran's supreme leader is still pending.

SUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
‘End of 50 years of insecurity’: Iran claims legal authority to manage Hormuz Strait
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ET Markets - Industry 20d ago

‘End of 50 years of insecurity’: Iran claims legal authority to manage Hormuz Strait

Iran's leadership asserts its "legal right" to manage the strategically vital Strait of Hormuz, claiming it will secure national interests and end regional instability. An adviser to the Supreme Leader stated this control would ensure national security and mark the end of 50 years of insecurity in the Gulf, amid heightened regional tensions.

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Supreme Court To Hear Twisha Sharma Death Case On May 25 — What We Know
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NDTV Profit 21d ago

Supreme Court To Hear Twisha Sharma Death Case On May 25 — What We Know

Twisha Sharma's husband Samarth Singh was arrested on Friday after being on the run for 10 days.

SUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
Vedanta arm Talwandi Sabo Power faces Rs 127 crore penalty
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ET Markets - Industry 22d ago

Vedanta arm Talwandi Sabo Power faces Rs 127 crore penalty

Vedanta's subsidiary, Talwandi Sabo Power Ltd, must pay approximately Rs 127 crore plus late payment surcharge to Punjab State Power Corporation Ltd. The Supreme Court upheld a penalty for misdeclaration of availability in January 2017. This power plant is crucial for Punjab's energy needs. The judgment restores an earlier order from the state regulator.

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Banks casual in granting big loans, strict with small borrowers: SC
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ET Markets - Industry 22d ago

Banks casual in granting big loans, strict with small borrowers: SC

The Supreme Court has noted a troubling trend where banks like State Bank of India are casual in sanctioning large corporate loans. However, they impose difficult conditions on ordinary citizens seeking small personal loans. The court suggested the government frame policies for easier loan access for the less privileged.

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Banks casual in granting big loans, strict with small borrowers: SC
positive
ET Markets - Stocks 22d ago

Banks casual in granting big loans, strict with small borrowers: SC

The Supreme Court has noted a troubling trend where banks like State Bank of India are casual in sanctioning large corporate loans. However, they impose difficult conditions on ordinary citizens seeking small personal loans. The court suggested the government frame policies for easier loan access for the less privileged.

AUBANKBANKINDIACAPITALSFBEQUITASBNKESAFSFBJSFBSBINSUPREMESUPREMEINDSUPREMEINFSURYODAYUJJIVANSFBUTKARSHBNKCapital GoodsConstruction
SC junks plea against green nod for Adani MP project
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ET Markets - Industry 23d ago

SC junks plea against green nod for Adani MP project

The Supreme Court has dismissed a petition challenging forest land diversion for an Adani group coal mining project in Singrauli, Madhya Pradesh. The court also rejected a plea against the Madhya Pradesh government's approval. An activist had sought to declare the area an eco-sensitive zone, citing its importance as an elephant corridor and a biodiverse forest.

3PLANDADANIENTADANIGREENADANIPORTSCOALINDIAGPECOMPTODAYSUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction