Experts say companies wanting to launch IPOs will have to scale back their expectations given the fall in valuations.
The bench declared as unconstitutional, Part II of the TN Gaming & Police Laws (Amendment) Act, 2021, which banned betting or wagering in cyberspace and also games of skill if played for a wager, bet, money or other stakes.
Temporary relief for Bharti, Vodafone and former telecom secretary Shyamal Ghosh
Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom.
The Pakistan government's top law officer told the supreme court on Monday it had no role to play in the disqualification of the Prime Minister, which could be decided only by the National Assembly speaker or the election commission.
Vaibhav Rawal scored a fine century before pacer Divij Mehra's dismantled Mumbai with a five-wicket haul to power Delhi to an emphatic eight-wicket victory in the Ranji Trophy Group B match.
Tata Motors has halved the volume outlook for its UK subsidiary Jaguar Land Rover Automotive (JLR) and warned of lower earnings as it sees the semiconductor shortage deepening in the September quarter of the current financial year, according to a notification issued by the company to the stock exchanges on Tuesday. The announcement caught investors unawares. They were hoping for a quicker recovery. Tata Motors' stock tanked 13 per cent (on July 6) from the day's high of Rs 358.10 and hit the lower circuit (Rs 311.45) in intra-day trades.
Bharatiya Janata Party MLA in Chhattisgarh and former state minister Brijmohan Agrawal has stoked a controversy as he said that those who call inflation a national calamity should stop eating food and using petrol.
Relatives of 9/11 victims will meet with the United States attorney general to discuss allegations that a newspaper owned by Rupert Murdoch's News Corp targeted phone conversations and voice mails of victims of the 2001 terrorist attack, a lawyer representing family members said.
Haryana's Additional Advocate General Jagbir Singh Malik said the State will be filing a Special Leave Petition (SLP) against the order before the Supreme Court. The interim order has come as a relief for companies in the state which feel that the Haryana State Employment of Local Candidates Act, 2020 would have a bearing on their future business operations and investment.
The pre-budget Economic Survey, which is tabled in Parliament ahead of the Union Budget to present the state of the economy and suggest policy prescriptions, quite often misses on the GDP forecast, sometimes by a significant margin. This time, Finance Minister Nirmala Sitharaman will table the Economic Survey for 2021-22 in the Lok Sabha on Monday soon after the President's address to both Houses of Parliament. She will present the Union Budget for the next financial year beginning April 1, 2022, on Tuesday.
She was living alone in her house, and police said that she had been smothered to death.
The Bharatiya Janata Party has sought filing of first information report against Prime Minister Manmohan Singh in the alleged coal block allocations, prompting the government to conduct an exercise to ascertain how he could be safeguarded from any legal wrangling.
The apex court gave a month-long deadline to the government to determine the responsibility for security failure in the horrific attack in which 147 people, 132 of them children, were killed when Tehreek-i-Taliban Pakistan (TTP) militants stormed the Army Public School (APS) in Peshawar.
India is confident of hosting England for a full tour next year amid the COVID-19 pandemic, said BCCI president Sourav Ganguly on Tuesday.
Bowing to pressure from the opposition, Divestment Minister Arun Shourie on Tuesday assured the Rajya Sabha that he would seek an opinion from Attorney General Soli Sorabjee on the legality of the sell-off of HPCL and BPCL.
The IPO lane will continue to be busy in December as 10 companies have lined up initial share-sale plans worth more than Rs 10,000 crore, merchant banking sources said on Wednesday. Moreover, the initial public offerings of Star Health and Allied Insurance and Tega Industries are currently open for public subscription. This comes after 10 firms successfully concluded their initial public offerings (IPOs) in November. Among the companies that scheduled their IPOs in this month include RateGain Travel Technologies, travel and hospitality technology services provider, and Anand Rathi Wealth Ltd, part of Mumbai-based financial services group Anand Rathi.
Stage eight winner Nans Peters had long crossed the line when fellow Frenchman Thibaut Pinot's ordeal ended after the Groupama-FDJ rider, highly fancied to become the first local winner of the race in 35 years, had been dropped in the second ascent of the 141-km trek through the Pyrenees.
A round-up of Ranji matches played on Thursday.
The Supreme Court on Friday refused to "lay down any yardstick" for granting reservation in promotion to Scheduled Castes and Scheduled Tribes in government jobs.
The Madras high court has ordered the winding up of private carrier SpiceJet Limited and directed the official Liquidator attached to the high court to take over its assets, in a plea filed by a Swiss company over unpaid dues. The court was allowing a company petition from Credit Suisse AG, a stock corporation registered under the laws of Switzerland, which prayed for winding up of the Indian firm under the provisions of the Companies Act, 1956 and appoint the Official Liquidator of the high court as the liquidator with all powers under Section 448 of the Companies Act to take charge of SpiceJet's assets, properties, stock in trade and books of accounts. The "respondent company (SpiceJet) has miserably failed to satisfy the three pronged test suggested by the Supreme Court in Mathusudan Govardhandas & Co v Madhu Woollen Industries (P) Ltd, and hence had rendered itself liable to be wound up for its inability to pay its debts under Section 433 (e) of the Companies Act 1956," Justice R Subramanian said in his order on Monday and directed the private carrier be wound up and the official liquidator take over its assets.
Germany's Metro AG to invest 300 million euro in India and open wholesale stores in Hyderabad, Kolkata, Chennai and Mumbai.
As a 75-year-old septuagenarian, Bajaj Auto has adapted itself as a nod to competition, regulations, and changing buyer preference. It will continue to do so, said its managing director Rajiv Bajaj at the launch of the all-new Pulsar 250. This was in response to a question on the company's preparedness for disruption by electric two-wheeler start-ups.
Prime Minister Narendra Modi on Thursday laid the foundation stone for the Noida International Airport at Jewar in Uttar Pradesh. It will be one of the largest aerodromes in Asia.
The apex court also put forth questions why loans were given to Mallya when he was a defaulter.
Attorney General Mukul Rohatgi has rubbished allegations in the Supreme Court that Salian was pressurised by the National Investigation Agency to 'go slow' in the case.
Attorney General K K Venugopal told a bench headed by Chief Justice Ranjan Gogoi that the fight between the two officers impacted the image of the CBI.
Rohatgi was made attorney general in June. In the past 2 months, his rulings have raised eyebrows for being in line with the political alignment of the government. Kavita Chowdhury reports
The Punjab government had moved a habeas corpus petition in the high court on Friday.
"The consequence of the demand to declare Hijab as an essential religious practice is huge because there is an element of compulsion or else you will be expelled from the community," Navadgi told the court.
France's Romain Bardet of AG2r-La Mondiale won the 18th stage of the Tour de France, a 186.5-km trek from Gap on Thursday.
The Supreme Court Thursday reserved judgement on appeals against the Bombay High Court verdict which had held that no offence of sexual assault under the POCSO Act is made out if there is no direct 'skin-to-skin' contact between accused and the victim.
Available only in diesel model and in ZDi trim level.
A Delhi court Wednesday issued summons to former Union minister P Chidambaram and his son Karti in the INX Media money-laundering case on taking cognisance of the charge sheet filed by the Enforcement Directorate (ED) against them.
Attorney General Soli Sorabjee has said the sale of stakes in two state-run oil refiners does not need parliamentary approval.
In 2017, when Infosys announced that Salil Parekh would be its next chief executive officer (CEO) and managing director (MD), very few in the industry or the analyst community doubted his ability to bring the company back to a healthy growth trajectory, improve morale within the company and, more importantly, win the promoters' trust and investor confidence. There were reasons for this confidence. He was not only the deputy CEO of the Paris-headquartered IT services major Capgemini, but also one of the only non-European faces on the executive board of the company.
'Karan and I are the kind of individuals who cannot be fake.'
A G Perarivalan alias Arivu is now a free man following a legal battle, and that long fight provides scope for throwback moments of Tamil sentiment that propelled the struggle which was backed by most political parties and successive governments in Tamil Nadu.
