Market News
Stay updated with the latest market trends, earnings, and economic indicators.
SC rejects SpiceJet's plea in Rs 144 cr case with Kalanithi Maran & Kal Airways, asks it to move Delhi HC
The Supreme Court of India on Tuesday asked SpiceJet to approach the Delhi High Court for more time to deposit Rs 144 crore in its dispute with Kalanithi Maran and Kal Airways. SpiceJet, represented by senior advocate Mukul Rohatgi, argued that the West Asia crisis had hurt the airline’s operations and finances, and sought three months to make the payment, citing a recent government bailout package for airlines.
Stray Dogs Case: Supreme Court Refuses To Change 2025 Order On Shifting Strays From Public Spaces
The court upheld its earlier direction that stray dogs picked up from public spaces.
Supreme Court refuses to entertain plea over renaming Navi Mumbai International Airport
The Supreme Court has declined to intervene in the renaming of the Navi Mumbai International Airport. The court stated it cannot dictate policy decisions regarding airport names. The Maharashtra government had proposed to name the airport after Lokneta D B Patil.
Ordinance Issued To Increase Number of Supreme Court Judges From 34 To 38
The top court will now have 37 judges, other than the CJI.
18-Year-Old SC Pension Case Keeps Retirees In Limbo As PSU Banks Face Liability Risk
The litigation, widely referred to as the M.C. Singla case, has been pending before the Supreme Court since 2016 after originating in the high court in 2008.
SC appointed panel says all deals involving Supertech Realtors' project need its approval
A Supreme Court committee now requires prior written approval for any property deals in Supertech Realtors' Noida 'Supernova' project. This applies to sales, transfers, and creation of third-party rights. Transactions without this permission will be void. The committee aims to revive the stalled project, with PwC appointed as Transaction Advisor. Justice M M Kumar chairs the committee.
Supreme Court Switches To Virtual Hearings On Monday, Friday Amid Centre's Fuel-Saving Push
The SC has introduced virtual hearings, carpooling and partial work-from-home measures amid the fuel crisis.
Supreme Court gives Flipkart eight weeks to clear MarQ inventory in trademark dispute
The top court refused to interfere with lower court orders, and held that Flipkart’s MarQ branding was deceptively similar to Marc Enterprises’ trademark.
Supreme Court bats for rationalisation of airfares, asks Centre to provide relief to people
The Supreme Court has taken a stand on air travel pricing, urging the government to implement fairer airfare practices. Observing substantial variations in ticket prices for concurrent flights, the court has advocated for measures that shield travelers from unexpected fare surges.
Kapur family dispute: Supreme Court halts director appointments at RIPL
The court stayed key agenda items of an 18 May board meeting of Raghuvanshi Investment Pvt. Ltd., including the appointment of independent directors, while urging the family to resolve the estate feud through mediation.
NCLT admits insolvency plea against Supreme Housing & Hospitality
The National Company Law Tribunal has admitted Canara Bank's insolvency plea against Supreme Housing and Hospitality. The real estate firm faces dues exceeding Rs 567 crore. This follows multiple failed settlement attempts and prolonged litigation.
SpiceJet seeks Supreme Court approval to submit land title as security
SpiceJet has challenged the Delhi High Court's May 4 and March 18 orders rejecting its request to furnish an unencumbered plot of land in Gurugram as security. The HC had directed the airline to immediately comply with its earlier order to deposit the amount and imposed a cost of ₹50,000 for repeatedly seeking modification of the deposit direction.