News for 'The Tribune'

Why Income Tax Cases Drag On For Decades

Why Income Tax Cases Drag On For Decades

Rediff.com6 Nov 2025

'Repeated adjournments are one of the largest contributors to lengthy litigation cycles.'

Pakistan could not benefit from CPEC, admits minister

Pakistan could not benefit from CPEC, admits minister

Rediff.com14 Nov 2025

A senior Pakistani minister has admitted that the country failed to capitalize on the China-Pakistan Economic Corridor (CPEC), citing attempts by the previous government to undermine Chinese investments, leading to investor flight.

'Special Revision Of Assam Voters Is An Eyewash'

'Special Revision Of Assam Voters Is An Eyewash'

Rediff.com3 Dec 2025

'Even today illegal foreign immigrants live in Assam and their names might be on the voters list. This we can get rid of only by doing SIR.'

SC orders Railways to compensate widow after 20-year legal battle

SC orders Railways to compensate widow after 20-year legal battle

Rediff.com22 Oct 2025

The Supreme Court intervened to ensure a tragedy-struck widow received compensation from the Railways after a 20-year legal battle following her husband's death in a train accident.

SIR not held earlier no ground to challenge it, says SC

SIR not held earlier no ground to challenge it, says SC

Rediff.com26 Nov 2025

The Supreme Court is examining the validity of the Election Commission's decision to conduct special intensive revisions of electoral rolls in several states, focusing on concerns about democratic participation and the burden on ordinary voters.

Indian Archers' Night Ordeal In Riot-Hit Dhaka!

Indian Archers' Night Ordeal In Riot-Hit Dhaka!

Rediff.com18 Nov 2025

India's archers endured a night of chaos when their return to the country from Dhaka after the Asian Championships was delayed by a day due to a cancelled flight.

Trump To Boost Pak's F-16s With AIM-120 Missiles

Trump To Boost Pak's F-16s With AIM-120 Missiles

Rediff.com8 Oct 2025

The development comes as relations between the two countries showed marked improvement following the four-day military conflict between Pakistan and India in May.

CCI to NCLAT: No player close to WhatsApp in terms of revenue, assets

CCI to NCLAT: No player close to WhatsApp in terms of revenue, assets

Rediff.com23 Sep 2025

The Competition Commission of India (CCI) on Monday told the National Company Law Appellate Tribunal (NCLAT) that no internet intermediary could come close to WhatsApp in terms of revenues as well as assets.

Wankhede promotion row: HC fines Centre for concealing facts

Wankhede promotion row: HC fines Centre for concealing facts

Rediff.com17 Oct 2025

The Delhi High Court imposed a cost of Rs 20,000 on the central government for concealing facts in its plea seeking review of an order relating to the promotion of IRS officer and former NCB Zonal Director Sameer Wankhede.

Tribunal approves Byju's settlement with BCCI

Tribunal approves Byju's settlement with BCCI

Rediff.com2 Aug 2024

In a major relief to Byju's, the NCLAT on Friday set aside insolvency proceedings against the troubled edtech major over a sponsorship deal and approved a Rs 158 crore settlement with the Board of Control for Cricket in India. The National Company Law Appellate Tribunal (NCLAT), however, passed the order with a caveat that any failure to make payments on the specific dates mentioned in the undertaking would automatically lead to a revival of the insolvency proceedings against Byju's.

ITC Q2 consolidated net profit up 2.6% at Rs 5,187cr

ITC Q2 consolidated net profit up 2.6% at Rs 5,187cr

Rediff.com31 Oct 2025

Diversified conglomerate ITC Ltd on Thursday reported a 2.6 per cent year-on-year rise in consolidated net profit to Rs 5,187 crore for the second quarter of the 2025-26 fiscal (FY'26) as compared to Rs 5,054 crore in the same period last year. However, the current quarter's figures exclude the hotels business, which was demerged into ITC Hotels Ltd effective from January 2025 and is no longer part of the company's continuing operations.

Centre races to rescue failing power discoms

Centre races to rescue failing power discoms

Rediff.com24 Nov 2025

After four failed reform drives, a new plan aims to rescue India's debt-laden power discoms through privatisation, accountability and long-term financial fixes.

'Why Can't Mr Modi Reopen The Passes To Tibet?'

'Why Can't Mr Modi Reopen The Passes To Tibet?'

Rediff.com28 Nov 2025

On August 5, 1953, Jawaharlal Nehru sent a strange note to the foreign secretary. It is worth mentioning because it was symptomatic of the lack of knowledge about Western Tibet in India and in South Block in particular, notes Claude Arpi.

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

Rediff.com29 Oct 2025

The Federation of Indian Chambers of Commerce and Industry (Ficci) has sought urgent steps to clear the huge backlog of income-tax appeals, simplify tax deducted at source (TDS) compliance, and ensure tax neutrality for fast-track demergers, during its consultation with Revenue Secretary Arvind Shrivastava ahead of the Union Budget 2026-27.

Bangladesh EC Bars Hasina From Voting

Bangladesh EC Bars Hasina From Voting

Rediff.com18 Sep 2025

Bangladesh's election commission on Wednesday said it has 'locked' deposed prime minister Sheikh Hasina's national identity cards, effectively barring her from voting in the general elections scheduled for February next year.

Tribunal rejects tax claim against RCom

Tribunal rejects tax claim against RCom

Rediff.com21 Sep 2024

The NCLAT has set aside a petition filed by the state tax department claiming dues from Reliance Communications (RCom) observing that it was based on the assessment made after the initiation of insolvency resolution process against the debt-ridden firm. A two-member NCLAT bench upheld the earlier order passed by the Mumbai bench of the National Company Law Tribunal (NCLT), which had rejected the state tax department's second claim of Rs 6.10 crore. Corporate Insolvency Resolution Process (CIRP) against RCom was initiated on June 22, 2019. The state tax department had filed two claims.

Tribunal stays CCI ban on WhatsApp-Meta data sharing

Tribunal stays CCI ban on WhatsApp-Meta data sharing

Rediff.com23 Jan 2025

The National Company Law Appellate Tribunal (NCLAT) on Thursday stayed the five-year ban imposed by competition watchdog CCI on data-sharing practices between WhatsApp and Meta for advertising purposes, offering a breather to the tech giant. Meta welcomed the "NCLAT's decision to grant a partial stay on the Competition Commission of India's (CCI) order" and said it will evaluate next steps.

WhatsApp User Data Belongs To Us: Meta Tells NCLAT

WhatsApp User Data Belongs To Us: Meta Tells NCLAT

Rediff.com12 Sep 2025

'By leveraging user data from WhatsApp, Meta can enhance its technology.' 'It (user data) is collected by me, it's my personal property. Shall I give it to my competitors?'

Bigg Boss Kannada studio sealed over pollution concerns

Bigg Boss Kannada studio sealed over pollution concerns

Rediff.com8 Oct 2025

Authorities in Bengaluru have sealed the studio premises hosting the Kannada reality show 'Bigg Boss' due to serious violations of environmental regulations cited by the Karnataka State Pollution Control Board (KSPCB).

Tensions flare as Chinese, Philippine ships collide near South China Sea

Tensions flare as Chinese, Philippine ships collide near South China Sea

Rediff.com16 Sep 2025

China calls the shoal Huangyan Dao. China has already deployed some of its biggest CCG vessels in the area to assert its claims.

NCLT defers Vedanta demerger hearing to Sep 17

NCLT defers Vedanta demerger hearing to Sep 17

Rediff.com20 Aug 2025

The National Company Law Tribunal (NCLT) on Wednesday deferred the hearing on Vedanta Ltd's proposed demerger to September 17, as market regulator Sebi is yet to complete the scrutiny of the proposal, while the central government has raised certain objections. The matter, which was part-heard earlier, had been adjourned to August 20.

BCCI's cash soars by Rs 4,193 Cr in just one year

BCCI's cash soars by Rs 4,193 Cr in just one year

Rediff.com7 Sep 2025

The BCCI has strengthened its coffers by Rs 14,627 crore over the past five years, including Rs 4,193 crore in the last financial year alone, taking its cash and bank balance to Rs 20,686 crore, according to a report.

Sheikh Hasina sentenced to 6 months in jail by ICT

Sheikh Hasina sentenced to 6 months in jail by ICT

Rediff.com2 Jul 2025

This marks the first time that the ousted Awami League leader has been sentenced in any case since she left office and fled the country 11 months ago.

Sebi flags Rs 77,800 cr as difficult-to-recover dues in FY25 annual report

Sebi flags Rs 77,800 cr as difficult-to-recover dues in FY25 annual report

Rediff.com13 Aug 2025

The Securities and Exchange Board of India (Sebi) has identified around Rs 77,800 crore as "difficult-to-recover" or DTR dues in its annual report for 2024-25 (FY26), marking a nearly 2 per cent increase from the previous year. These dues remain unrecovered despite exhaustive recovery efforts.

Sebi Runs Lean Again As 2 Whole-time Member Positions Remain Vacant

Sebi Runs Lean Again As 2 Whole-time Member Positions Remain Vacant

Rediff.com11 Oct 2025

'Periods of vacancy, which have become more common in recent years, can affect the pace of decision-making.'

SC upholds JSW Steel's takeover plan for Bhushan Power and Steel

SC upholds JSW Steel's takeover plan for Bhushan Power and Steel

Rediff.com26 Sep 2025

The Supreme Court on Friday upheld JSW Steel's Rs 19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL), bringing down curtains to a prolonged legal battle that spanned nearly eight years.

HC tribunal upholds Centre's ban on 5 J-K separatist groups

HC tribunal upholds Centre's ban on 5 J-K separatist groups

Rediff.com11 Sep 2024

The tribunal was constituted on March 18 for the purpose of adjudicating whether or not there was sufficient cause for declaring the MCJK-Bhat an unlawful association.

Why The Bankruptcy Code Needs A Makeover

Why The Bankruptcy Code Needs A Makeover

Rediff.com23 Jul 2025

The famous 'tareekh pe tareekh' dialogue from the Hindi movie Damini captures where we are now.

PSU banks write off loans over Rs 5.82 lakh cr in last 5 years

PSU banks write off loans over Rs 5.82 lakh cr in last 5 years

Rediff.com12 Aug 2025

Public sector banks (PSBs) have written off bad loans of about Rs 5.82 lakh crore in the last five financial years, Parliament was informed on Tuesday. During 2024-25, the loan write-off of PSBs was at Rs 91,260 crore, compared to Rs 1.15 lakh crore in the previous fiscal, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Rajya Sabha.

SC stay on collector deciding status of Waqf properties

SC stay on collector deciding status of Waqf properties

Rediff.com15 Sep 2025

The Supreme Court has put on hold several key provisions of the Waqf (Amendment) Act, 2025, including the clause that only those practicing Islam for the last five years can dedicate a property as Waqf. The court also addressed the powers of collectors and non-Muslim participation in Waqf Boards.

Will New Sports Bill Be A Game Changer?

Will New Sports Bill Be A Game Changer?

Rediff.com12 Aug 2025

Salient features of the National Sports Governance Bill that promise to overhaul several aspects of sports governance and the grievance redressal system for athletes and administrators alike in the country.

Why the RSS was banned thrice in 100 years

Why the RSS was banned thrice in 100 years

Rediff.com1 Oct 2025

A timeline of key events that shaped the RSS' journey, including the various highs and lows, as the organization approaches its 100th anniversary.

Why Has ISI Chief Been Given An Extension?

Why Has ISI Chief Been Given An Extension?

Rediff.com7 Oct 2025

While Asim Malik's role in Pakistan's recent warming up of relations with the US is acknowledged, army watchers note a recent distancing, what with Asim Munir not wanting his DG, ISI to share the limelight during his subsequent sojourns to Tampa and Brussels, points out Rana Banerji, who headed the Pakistan desk at RA&W.

Vedanta beats Adani with Rs 17,000 cr bid to acquire Jaiprakash Associates

Vedanta beats Adani with Rs 17,000 cr bid to acquire Jaiprakash Associates

Rediff.com5 Sep 2025

Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources. The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore.

New Sports Bill: Many Positives, Some Concerns!

New Sports Bill: Many Positives, Some Concerns!

Rediff.com12 Aug 2025

As the National Sports Governance Bill is set to become a law, the country's national federations and Indian Olympic Association (IOA) President P T Usha on Tuesday welcomed the landmark policy, calling it a step in the right direction as India gears up to bid for the 2036 Olympics.

Bank OTS scheme not a borrower's right without upfront payment: SC

Bank OTS scheme not a borrower's right without upfront payment: SC

Rediff.com18 Sep 2025

The Supreme Court has ruled that a bank's one-time settlement (OTS) scheme cannot be invoked as a matter of right and that borrowers must strictly comply with its mandatory conditions, including upfront payment of a specified portion of dues, to avail themselves of the benefits of the scheme.

Former Sri Lanka first class player banned for 5 years for fixing

Former Sri Lanka first class player banned for 5 years for fixing

Rediff.com15 Aug 2025

Former Sri Lankan domestic cricketer Saliya Saman has been banned from all cricket for five years for match fixing during the 2021 Abu Dhabi T10 Cricket League.

Dispute with Biyani-led Future group: Amazon awarded Rs 23.7 cr in damages

Dispute with Biyani-led Future group: Amazon awarded Rs 23.7 cr in damages

Rediff.com30 Jun 2025

The Singapore International Arbitration Centre (SIAC) has awarded Rs 23.7 crore in damages, besides arbitration and litigation costs, to Amazon in its long-running dispute with the Kishore Biyani-led Future Group. The three-member bench of the tribunal held that Future Group had breached the terms of its contract with Amazon by entering into a transaction with Reliance.

'Longstanding demand met,' Patel on Sports Bill

'Longstanding demand met,' Patel on Sports Bill

Rediff.com13 Aug 2025

Patel emphasised that one of the most important features of the bill is the establishment of a dedicated tribunal for resolving disputes, reducing the burden on the judiciary and ensuring quicker justice.

SC Verdict Instills Hope For Real Estate Reforms

SC Verdict Instills Hope For Real Estate Reforms

Rediff.com24 Sep 2025

'The directives to enhance last-mile funding, consider revival funds, and systemic reforms across the sector are expected to revive stalled projects, improve accountability, and accelerate the delivery of affordable and mid-income housing.'