By Bobby Anthony Infosys has agreed to pay USD 800,000 (approximately Rs 56 crore) to the state of California in the United States, to settle allegations of misclassification of foreign workers and...

Global steel giant ArcelorMittal has completed the acquisition of Essar Steel and formed a joint venture with Nippon Steel to own and operate the debt-ridden firm. According to a statement,...

[ By Kavita Krishnan ]The National Company Law Appellate Tribunal (NCLAT) dismissed global steel major ArcelorMittal’s petition, which sought to challenge the approval of Royale Partners Investment...

By Bobby Anthony The Supreme Court has stated that “abuse of the Right To Information (RTI) Act” by vested interests has led to cases of blackmail and extortion.An SC bench headed by Chief Justice of...

By Bobby Anthony The Supreme Court has extended its interim stay on the felling of trees in Mumbai's Aarey Colony area for construction of a metro car shed.A bench comprising Justice Arun Mishra and...

[ By Kavita Krishnan ]The Securities and Exchange Board of India (SEBI) would take further steps to avoid issues like the recent development involving Karvy Stock Broking, said a top securities market...

[ By Kavita Krishnan ]The much hailed accreditation as financial creditors to home buyers now comes with riders. Home buyers, willing to take the developer to an insolvency court, will now have to...

By Bobby Anthony The interim bail granted to former NITI Aayog CEO Sindhushree Khullar and six other bureaucrats have been extended by a Delhi court until January 27, 2020, in the INX Media...

By Bobby Anthony A Supreme Court bench headed by Justice Arun Mishra has agreed to hear a plea by home buyers asking it to pass a direction to recover Rs 42.22 crore paid by the Amrapali Group to...

[ By Kavita Krishnan ]The National Company Law Tribunal (NCLT) on Monday said that the books of fraud hit CG Power should not be opened now as a SEBI-commissioned investigation is already underway.The...

By Bobby Anthony Anil Ambani has won a preliminary motion in a dispute with three Chinese banks seeking USD 680 million in defaulted loans extended to Reliance Communications (RCom) in 2012, but...