A bench of justices K S Radhakrishnan and J S Khehar considered the application of the group seeking modification in the order in chamber.
'A law firm checked credentials of Karan Ajit Judge and Nouam'
Corporate legal cases kept India Inc on its toes in 2014 as high stake matters on coal, telecom and mining came up in the Supreme Court, which also sent Sahara Group chief Subrata Roy to jail.
The report also revealed the parlous finances of the Vijay Mallya-owned team at the time they were taken into administration last July.
Markets regulator Sebi has kept in abeyance the processing of Go Airlines' draft papers for an initial public offer worth Rs 3,600 crore. Go Airlines (India) Ltd, which has announced rebranding itself as 'Go First', filed preliminary papers for an initial share sale worth Rs 3,600 crore in May. The proceeds will be mainly used to repay dues. The "issuance of observations (has been) kept in abeyance", according to Sebi's latest update on processing status of Go Airlines' draft offer documents. The information was updated on June 25. In Sebi parlance, issuance of observations implies its go-ahead for the IPO.
Senior advocate C A Sundaram, appearing for Roy, submitted that his client has some business overseas and he is needed there.
Sebi can also sweeten it with a stipend of Rs 5,000 each and charge the Rs 240 crore to the Sahara account
Sebi suggested Roy be allowed to step out of Tihar jail for a few hours every day to negotiate the sale of his foreign properties over video conference.
It may be long overdue, but consolidation in the media sector will happen very slowly and painfully.
A bench headed by Justice T S Thakur asked Delhi government to issue notification by August 4 for converting the conference room into jail which can be used by Roy and two jailed directors of Sahara for 10 working days from 06:00 AM to 08:00 PM for holding negotiations with prospective buyers of hotels in New York and London.
Following in the footsteps of Mahendra Singh Dhoni, Suresh Raina has become the second cricketer to be associated with the Hero Hockey India League (HHIL) after he was named today as the co-owner of the Uttar Pradesh Wizards franchise.
Rahul dubbed PM as a 'super event planner', who had made 'perfect planning' to take the money from the poor to help the rich who owe as much as Rs 8 lakh crore to the banks.
Pune Warriors India are set to play their IPL home matches in Ahmedabad after deciding to move away from their original home city of Pune following a dispute with the Maharashtra Cricket Association.
Tamal Bandyopadhyay discusses his latest book Bandhan: The Making of a Bank at Bandhan headquarters in Kolkata.
British-based Force India, who have Mexican Sergio Perez and Germany's Nico Hulkenberg confirmed as drivers for 2016 and use Mercedes engines, contract out much of their chassis work to keep costs down.
The Sahara's is a high-profile refund case involving an estimated Rs 24,000 crore (Rs 240-billion) payment to over three crore (thirty million) investors.
Ending weeks of speculation, the Board of Control for Cricket in India on Saturday indicated in clear terms that Pune Warriors, owned by the Sahara Group, will play all their IPL home games this season at Pune only.
An upset Sahara Group chief Subrata Roy lashed out at N Srinivasan on Friday and declared his company will not sponsor the Indian cricket team as long as the beleaguered Board of Control for Cricket in India president is at the helm.
Embattled Indian business tycoon Vijay Mallya on Friday made a rare public appearance in the United Kingdom as he attended the free practice sessions ahead of Sunday's British Grand Prix, in Silverstone.
Mallya has lived on the edge for long enough to know that his extradition from UK is not a given, says N Sundaresha Subramanian.
Force India finished sixth in 2014 but spent much of last season calling for cost cuts.
Unless Naresh Goyal pulls the proverbial rabbit out of his hat or reveals an unexpected ace of spades, the airline he built from scratch - many refer to it as "his baby" - may slip out of his grasp, says Anjuli Bhargava.
Rediff.com brings you monsoon images from across the country
Not all Opposition parties on board, say they are once bitten, twice shy.
NBFCs which have not met Sebi criteria will face tough action.
GoAir reluctant to respond to overtures.
A summary of sports events and persons who made news on Monday.
The report said India continues to experience attacks by 'Pakistan-based terrorists'.
Top leaders from India Inc may be busy throughout the year, but they too have a very strong social life beyond work.
Few top honchos of India Inc did very well in 2014.
Following the entry of Tata-SIA and AirAsia into the Indian aviation market, the domestic aviation industry is seeing increased interest from private entities.
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Diageo, which recently coughed up a total of Rs 18,000 crore (Rs 180 billion) to take majority control of USL, seems to have a lot of faith in him.
A consummate deal-maker, the former Aircel boss raked in the moolah in many, but lost a packet in several others.
Overbooking by an airline cannot be done ignoring the sense of duty or liability towards passengers with confirmed tickets, the national commission ruled.
Jet Airways on Thursday said it would introduce more flights on both its domestic and international networks.
India's limited-overs skipper Mahendra Singh Dhoni has offered his support to Amrapali residents protesting in wake of the company's failure to complete the project, saying that promises made to the people should be met, irrespective of the problems being faced by the real estate group. The first phase of project 'Sapphire', launched in 2009, at Noida Sector 45 has been completed, but civil and electrical work in many towers is yet to be done. Amidst the chaos, Dhoni received outbursts among the Amrapali residents, who took to social media asking the skipper to disassociate himself as its brand ambassador. "At times you have situation where the expectation levels are not met. It is something that keeps on happening. So we will see what can be done. We will get in touch with Amrapali people and see what exactly is happening. If you see the economy rate, it is quite tough for the builders as of now. But at the same time, whatever is promised irrespective of where they stand, I think it needs to be met," Dhoni, who is the brand ambassador of Amrapali, told the media here.
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