Six Tata trusts to challenge tax department order in tribunal
“We want to make it very clear that Tata Trusts is not here to do business,” the person said. “We are a charitable trust and do not influence business decisions of the Tata Group. We may be seen as a majority shareholder in Tata Sons but that does not mean we are in any way involved. Our role does not go beyond core ethical issues," a Tata trustee said.
Zomato denies merger talks with rival Swiggy
Zomato is currently delivering 1.3 mn orders a day from 150,000 restaurants across India at more...
Population control in India: Plea in Supreme Court against Delhi HC order
The plea in the high court had claimed that the population of India...
Rightsizing Railway Board: Transfer orders of 50 officers to zones issued
The transferred officers are from across railway cadres - 10 each from IRSE and IRTS, seven from IRAS, six from IRSME, five each from IRSEE and IRSSE, three each from IRSS and IRPS and one from RPF. The plan was first mooted in 2000 by the Vajpayee government, which recommended rightsizing of the apex decision making body of the national transporter.
High Court clarifies allegations in contentious para of Chidambaram's bail order
Justice Suresh Kait said it is nowhere mentioned in paragraph 40 of the November 15 bail order that the allegations relates to Chidambaram's case. The court made the clarification while disposing of an Enforcement Directorate's plea seeking rectification of the "accidental slip/inadvertent error" in certain paragraphs of the order.
RS chairman orders review of new military-style uniform of marshals
Uniforms of Rajya Sabha marshals were restyled from traditional Indian attire comprising turbans to dark navy blue and olive green military-style outfits with caps. Naidu mentioned in the House that the Secretariat of Rajya Sahba had come out with a new dress code for marshals.
NCLT orders insolvency process at low-cost carrier Air Costa
Air Costa is the second Indian airline, after Jet Airways, to undergo court-monitored debt resolution process under the Insolvency and Bankruptcy Code. Aviation regulator Director General of Civil Aviation had in June 2017 suspended the flying licence of the airline, making it officially wind up operations.
Private traders place onion import orders; 1,000 tonnes expected by month-end: Govt official
The retail prices of onion had soared to Rs 100/kg a week back in the national capital, but the government's various interventions helped it to cool down. The shipments will come smoothly as the government has liberalised phytosanitary and fumigation norms for import of onion till December-end, the official added.
SC stays SAT's order holding that Sebi lacks power to bar auditors
The SAT, in its order which set aside the ban on audit firm Price Waterhouse (PwC), had noted that SEBI does not have the power to bar auditors. Earlier, the SEBI had challenged SAT's decision to quash a two-year ban that was imposed on PwC in connection with the Rs 7,800 crore Satyam fraud.
Dilip Buildcon bags Rs 2,123 crore order from Coal India arm
"Dilip Buildcon has been awarded OB (over burden) removal contract mining work for Nigahi project at Singrauli district in the State of Madhya Pradesh valued at Rs 2,122.74 crore by the Northern Coalfields Ltd (NCL), a subsidiary of Coal India Ltd (CIL)," the company said in a filing to BSE.
Essar order a breather for 535 corporate debtors facing liquidation by December
Under the SC ruling, NCLT can grant an extension for debtors facing liquidation
INX Media money laundering case: Chidambaram moves SC challenging HC order dismissing bail plea
The Delhi high court had on Friday dismissed Chidambaram's bail plea in the case filed by the ED, saying prima facie allegations against him are serious in nature and he played an "active and key role" in the offence. Chidambaram was first arrested by the CBI on August 21 in the INX Media corruption case and was granted bail by the SC on October 22.
INX Media: ED moves HC seeking rectification of inadvertent error in Chidambaram's bail order
The ED in its application urged the court to correct the "accidental slip/inadvertent error" that is there in the November 15 verdict passed by Justice Suresh Kait. The facts of another case have found mention in the Delhi High Court order denying bail to Chidambaram.
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