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Legal Era

From Legal Era
IndiGo’s General Counsel Priya Mehra Resigns Even As Feud Between Airline Co-Founders Bhatia, Gangwal Continues
[ By Bobby Anthony ]InterGlobe Aviation-run airline IndiGo’s General Counsel Priya Mehra has resigned and will leave the airline by early 2020, it has been reported.It is not immediately known if she...
Hyderabad man forges documents and sells Hyderabad Palace for Rs. 300 crores
[ By Kavita Krishnan ]A Hyderabad resident was arrested by the Economic Offences Wing for allegedly forging documents of a property in Hyderabad and selling the plot worth Rs. 300 crore to a...
Income Tax task force report proposes complete rejig of tax slabs
[ By Kavita Krishnan ]The Government could boost its revenues by more than Rs. 55,000 crore if it implements a task force report that recommends a complete rejig of income tax slabs and capital gains...
Infosys In Negotiations With Two More Law Firms In Order To Strengthen Investigation Into Whistleblower Allegations
[ By Bobby Anthony ]Infosys has begun negotiating with law firms JSA Law and Khaitan & Company.It might appoint either one of them or even both of these law firms in order to strengthen the...
Facebook penalized for showing fake Bitcoin ads featuring Big Brother creator John de Mol
[ By Kavita Krishnan ]The billionaire creator of Big Brother, John de Mol, has sued Facebook for showing fake Bitcoin ads in its platform that featured him.Facebook Inc suffered a major blow as a...
Group insolvency laws under consideration of IBBI: M.S. Sahoo
[ By Kavita Krishnan ]According to M.S. Sahoo, Chairperson of Insolvency and Bankruptcy Board of India (IBBI) – the insolvency regulator in the country, IBBI is currently considering the Group...
WhatsApp launches 'Catalog' feature for businesses
[ By Kavita Krishnan ]WhatsApp has taken a step towards getting into e-commerce by launching its ‘Catalog’ feature for its business app thereby giving small businesses a store front to showcase...
Second Whistleblower Letter Alleging Various Misdeeds By Infosys CEO Salil Parekh Urges Its Board To Act Against Him
[ By Bobby Anthony ]Another whistleblower from global software major Infosys accused its Chief Executive Officer (CEO) Salil Parekh of committing misdeeds and urged the Chairman and the board of...
I-T Department unearths Rs. 3,300 crore hawala scam involving infrastructure firms
[ By Kavita Krishnan ]The Central Board of Direct Taxes (CBDT) claimed that the Income Tax Department has busted a hawala racket worth Rs. 3,300-crore which is spread across multiple cities such as...
Shardul Amarchand Mangaldas advised Blackstone in its investment in Aakash Educational Services Limited
Singapore VII Topco I Pte. Ltd., an affiliate of funds, advised/managed by the affiliates of the Blackstone Group Inc. (Blackstone), acquired 51% shareholding (on a fully diluted basis) in Aakash...
Lavasa Lenders May Approach NCLT Again To Seek Fresh Resolution If Haldiram’s Bid Is Found To Be Unacceptable
[ By Bobby Anthony ]Lavasa Corporation’s lenders plan to decide on a bid by a Haldiram Snacks-led consortium on November 14 after a resolution professional has ruled that its bid is compliant with the...
Pune Cantonment Board hikes residential and commercial property taxes
The Pune Cantonment Board (PCB) has hiked property tax of residential properties by 5% and that of commercial properties by 10%. The PCB is authorized to revise the tax once every three years. The...












