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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 45d 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.

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Supreme Court Sets Aside CCI's Rs 202 Crore Penalty On Amazon In Future Coupons Deal Case
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NDTV Profit 45d 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.

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US, Iran Agree In Principle To Deal To Reopen Hormuz: Report
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NDTV Profit 47d 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.

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‘End of 50 years of insecurity’: Iran claims legal authority to manage Hormuz Strait
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ET Markets - Industry 47d 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 48d 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.

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Vedanta arm Talwandi Sabo Power faces Rs 127 crore penalty
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ET Markets - Industry 50d 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 50d 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
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ET Markets - Stocks 50d 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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SC junks plea against green nod for Adani MP project
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ET Markets - Industry 50d 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.

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RIL, foreign firms refute in SC Centre's claim of 'unjust' extraction of gas from KG basin
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ET Markets - Industry 50d ago

RIL, foreign firms refute in SC Centre's claim of 'unjust' extraction of gas from KG basin

Reliance Industries and its offshore partners are strongly denying allegations of siphoning gas from ONGC fields. The companies are in the Supreme Court challenging a High Court verdict that overturned an arbitral award in their favor. The Centre had demanded over a billion dollars for gas allegedly migrated from ONGC blocks to their KG-D6 area.

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Vedanta Arm To Pay Rs 127-Crore Penalty As Supreme Court Rules In Favour Of Punjab State Power Corp
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NDTV Profit 51d ago

Vedanta Arm To Pay Rs 127-Crore Penalty As Supreme Court Rules In Favour Of Punjab State Power Corp

Vedanta further noted that TSPL's equity shares are currently in the process of being listed on the BSE and NSE.

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Vedanta says Supreme Court upholds ₹127 crore penalty against Talwandi Sabo Power
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CNBC TV18 - Markets 51d ago

Vedanta says Supreme Court upholds ₹127 crore penalty against Talwandi Sabo Power

Shares of Vedanta Ltd ended at ₹329.75, down by ₹4.10, or 1.23%, on the BSE.

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