Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.
There is a "high possibility" of a meeting between Bangladesh Chief Adviser Muhammad Yunus and Prime Minister Narendra Modi on the sidelines of the BIMSTEC Summit in Bangkok, a senior official said. The meeting comes amid strained ties between the two countries, marked by India's concerns over violence against Hindus and a rise of hardline Islamist forces in Bangladesh. Yunus's recent comments about India's northeastern states being landlocked and Bangladesh being the "only guardian of the ocean" in the region have drawn sharp reactions from Indian politicians. However, a Bangladesh official insists that Yunus's statement was misinterpreted.
The Supreme Court of India has dismissed a petition filed by an NGO challenging the construction of a renewable energy project at the Jayakwadi Dam in Maharashtra. The court criticized the NGO for opposing the project, stating that it would be detrimental to the country's progress if every project was resisted. The court also raised questions about the NGO's bona fides and funding, suggesting that it may have been influenced by a company that lost the tender for the project. The project, a floating solar power plant, was approved by the National Green Tribunal (NGT) and the Ministry of Environment, Forests and Climate Change. The NGT had previously dismissed the NGO's plea, stating that it could not find any law prohibiting such activities in the eco-sensitive zone. The Supreme Court upheld the NGT's decision, finding no grounds to interfere.
The National Company Law Appellate Tribunal (NCLAT) has set aside the order of NCLT directing bourses NSE and BSE to reconsider their approval for the Zee-Sony merger. A two-member NCLAT bench has asked NCLT to consider the merger of Zee Entertainment with Culver Max Entertainment (earlier known as Sony Pictures Networks India) afresh, after hearing all the parties. The appellate tribunal order came on hearing the appeal filed by Zee Entertainment Enterprises Limited (ZEEL) against the order passed by the Mumbai bench of the National Company Law Tribunal (NCLT) on May 11, 2023.
The Goods and Services Tax (GST) Council, which is likely to meet in the third or fourth week of June, is set to clear the operational framework of the much-awaited GST appellate tribunal, which will deal with tax disputes and streamline resolution. "The final blueprint, mainly the operational part, is expected to be presented in the GST Council meeting for approval. "This will pave the way for the tribunal to be functional, both at the central and state levels," said a senior government official, who expects the tribunal to be up and running by November.
The bishop, in his order, alleged that though Puthiyaparambil was appointed as vicar of a local church, he didn't accept the appointment and suddenly left after publishing a note on social media.
The Maharashtra State Waqf Board has denied issuing notices to farmers in Latur over land ownership. The notices were issued by the Waqf Tribunal following a claim filed by an individual. The Waqf Board says it has not made any claim on land in any village in Latur district.
Puzzled about the Waqf Bill? Syed Firdaus Ashraf explains how the amended Waqf law will plug loopholes in the existing legislation.
The National Company Law Tribunal (NCLT) has reserved its order on the merger of Zee Entertainment Enterprises and with Culver Max Entertainment (earlier known as Sony Pictures Networks India). The Mumbai bench of NCLT, comprising H V Subba Rao and Madhu Sinha, reserved the order on Monday, after hearing arguments from creditors who objected to the scheme including Axis Finance, JC Flower Asset Reconstruction Co, IDBI Bank, Imax Corp and IDBI Trusteeship. In December 2021, Zee Entertainment and Sony Pictures had agreed to merge their businesses.
Ola Electric Mobility Ltd on Friday said ministries of heavy industries, and road transport and highways have sought information from the company over gap in vehicle registrations as per the Vahan portal and sales as per the firm's regulatory filing. Besides, the ministries have also sought clarification on reports "regarding non-compliance to the requirement of trade certificates", Ola Electric Mobility said in a regulatory filing.
The bill aims to include all the Muslims sects in the Waqf board, Rijiju said.
'Each side could consider challenging the NCLAT's stay order before the Supreme Court.'
Rather than face the prospect of a lengthy ban, with a decision expected by the end of the year, World No 1 Jannik Sinner accepted the three-month suspension which will allow him to return before the French Open.
'It is not as if Hindus are not being touched at all, and only Muslims are.'
India's Venture Capital (VC) ecosystem exhibited robust growth in 2024, with funding surging 43 per cent year-on-year to $13.7 billion, according to a report. This recovery was fuelled by a 45 per cent rise in deal activity, with 1,270 transactions recorded, reinforcing India's position as the second largest market for venture capital and growth funding in the Asia-Pacific region, the report by Bain & Company and IVCA said.
Sinner's ban began on February 9 and will end on May 4 while he can return to training on April 13. The French Open main draw is scheduled to begin on May 25.
IndusInd International Holdings chairman Ashok Hinduja on Tuesday announced the acquisition of Reliance Capital, completing the three-year-long resolution process of the debt-ridden company. IndusInd International Holdings Ltd (IIHL) has transferred the bid amount to the escrow account of the lender, and the takeover of the management from the Administrator will happen on Wednesday.
Former FIFA president Sepp Blatter and France soccer great Michel Platini were both cleared of corruption charges by a Swiss court on Tuesday.
Bangladesh's interim government has formally requested India to extradite deposed Prime Minister Sheikh Hasina, who is currently in India. The request has been made after Bangladesh issued arrest warrants for Hasina for "crimes against humanity and genocide." However, India has not yet responded to the request. Hasina is accused of using her security forces to oversee the abduction, torture, and murder of hundreds of activists during her time in office. She denies the allegations and claims she is being politically persecuted. The Bangladesh interim government's Chief Adviser, Muhammad Yunus, said he was shocked by the conditions he witnessed at one of the secret jails used during Hasina's regime.
The All India Muslim Personal Law Board (AIMPLB) has announced its intention to challenge the Waqf (Amendment) Bill in court, labeling it a "black law" that threatens the community's rights. The AIMPLB, a major organization representing Muslims in India, asserts that the Bill, if passed, would lead to the seizure of Muslim properties and undermine the autonomy of Waqf Boards. The organization plans to launch nationwide protests against the Bill, echoing the farmers' agitation, and has urged all citizens to resist the legislation. The Bill has been met with criticism from various quarters, including opposition parties, who claim that the Centre is rushing it through Parliament without adequately addressing concerns raised by the Joint Parliamentary Committee (JPC).
'In the past six months, capital markets have seen a dip, and realty is struggling. The stock-market investor will be cautious of putting that investment in real estate when there may be a slowdown coming.'
The former US Open champion said recent high-profile doping cases had made her wary.
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld an NCLT order allowing crisis-hit Go First's voluntary insolvency resolution proceedings. A two-member NCLAT bench asked several aircraft lessors of Go First opposing insolvency, to approach National Company Law Tribunal (NCLT) for any remedy. "The order dated May 10, 2023 allowing insolvency is upheld," said the NCLAT bench headed by Chairperson Justice Ashok Bhushan.
The Supreme Court of India has directed all high courts, state governments, and union territories to ensure the availability of separate toilet facilities for men, women, persons with disabilities (PwDs), and transgender persons in all court premises and tribunals across the country. The court stressed the importance of public health and the right to privacy, stating that adequate public toilets protect women and transgender persons. The court also expressed concern about the condition of public toilets near toll plazas on national highways and emphasized the need for proper sanitation facilities in court premises for judges, advocates, litigants, and staff members. This decision highlights the importance of access to basic amenities in ensuring a fair and dignified justice system.
The National Green Tribunal on Wednesday slammed the Uttar Pradesh Pollution Control Board, asking whether it disputed the Central Pollution Control Board's finding on high levels of faecal coliform being found in the water at various locations in Prayagraj during the ongoing Mahakumbh.
The Supreme Court on Tuesday imposed a cost of Rs 50,000 on the Centre for filing an appeal against an order of the Armed Forces Tribunal, which granted a liberalised pension to the widow of a soldier who died during a counter-terrorism patrol in Jammu and Kashmir.
Bangladesh's interim government on Sunday said it will seek Interpol's assistance in repatriating deposed prime minister Sheikh Hasina from India, and other 'fugitives', to face trial for alleged crimes against humanity.
The Madras High Court has ruled that senior citizens can cancel gift or settlement deeds executed in favor of their children or close relatives if they fail to take care of them, even if it was not explicitly mentioned in the conditions imposed in the deeds. The court said the love and affection being the consideration, which can be traced out in the Settlement Deed, would be sufficient to hold that such love and affection was an implied condition that the senior citizen will be taken care of by the beneficiary of the Settlement Deed or gift deed.
The World No 1 faces the possibility of being banned for up to two years.
The Supreme Court on Monday dismissed a plea filed by Sebi against a Securities Appellate Tribunal order which set aside the penalty imposed by the market regulator on RIL chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in shares of the erstwhile Reliance Petroleum Ltd (RPL) in November 2007. A bench of Justices J B Pardiwala and R Mahadevan said it was not inclined to interfere with the order passed by SAT.
'While I would never wish for anyone to go through what we are, it has brought out the best in us by making each one of us a better version of ourselves.' 'Being courageous, fighting for freedom, taking the burden of responsibility to help each other...' 'I know hundreds and hundreds of examples where Ukrainians are risking their lives for complete strangers and it is only in moments like this that we truly understand what it means to be human.'
The National Company Law Tribunal (NCLT) on Tuesday questioned the maintainability of the insolvency plea filed against air carrier SpiceJet by one of its operational creditors Willis Lease Finance Corporation. A two-member NCLT bench comprising Members Mahendra Khandelwal and Rahul Prasad Bhatnagar observed that Willis Lease Finance Corporation has withdrawn its insolvency plea for the same dispute in March 2023 and has approached again with a new plea. The bench wanted to know as Willis Lease Finance Corporation, an aircraft lessor, had filed again for a similar cause of action within a few months.
From the Sensex pack, Reliance Industries, Bajaj Finserv, HDFC Bank, Adani Ports, Maruti Suzuki India, Axis Bank, Hindustan Unilever, Sun Pharmaceuticals and Asian Paints were among the laggards. Reliance Industries fell the most by 2.38 per cent to close at Rs 1,171.10 apiece.
The National Green Tribunal has been informed by the Uttar Pradesh government's environment department that over 1.12 lakh trees will be felled in the protected forest area in the state to make way for the upcoming Kanwar Yatra route.
Religious structures, Bengali traditions, and 'graffiti' drawn during the July uprising will be included on the currency notes.
The Uttar Pradesh government, citing a scientist, has asserted that Ganga water at the ongoing Maha Kumbh in Prayagraj is as pure as "alkaline water", debunking concerns raised by the Central Pollution Control Board (CPCB) about water quality. The government claims that a scientist found no bacterial growth or decline in the water's pH level, despite millions of devotees bathing in the river. However, experts caution that the quality of the Ganga water is not static and can vary greatly depending on various factors.
The Delhi government has announced that vehicles older than 15 years will be denied fuel at petrol pumps starting April 1.
The Ganga water at the Triveni Sangam in Prayagraj, where lakhs of people are taking a holy dip every day during the ongoing Maha Kumbh, is currently unsafe for bathing as it exceeds the prescribed limit for biological oxygen demand (BOD), a key parameter to determine water quality, according to government data.
WADA has appealed to the Court of Arbitration for Sport against an independent tribunal's decision in August to clear world number one Jannik Sinner of wrongdoing after he failed drug tests
The Securities Appellate Tribunal (SAT) has granted an interim stay on a Sebi order that slapped a penalty of Rs 2 crore on Yes Bank's former MD Rana Kapoor in a case of mis-selling the private sector lender's AT1 bonds. Kapoor has been in jail since March 2020 in connection with the DHFL money laundering case. The interim relief came after capital markets regulator Sebi in July issued a demand notice to Kapoor, warning arrest and attachment of his assets over non-payment of the fine of Rs 2 crore, along with the interest.
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