Embattled retailer Future Retail Ltd (FRL) on Tuesday moved the Supreme Court to avert insolvency proceedings over missing a loan repayment deadline, even as its independent directors rejected an Amazon-supported offer to sell the company businesses at less than a third of what Mukesh Ambani's Reliance is offering. India's second-largest retailer, which operates multi-brand retail chains such as Big Bazaar, Easyday and Heritage, failed to pay Rs 3,494.56 crore to lenders by the due date of December-end and sought a 30-day grace period to resolve the situation. Unable to find money, it moved the apex court seeking to restrain its lenders from declaring the company a defaulter, which can invite initiation of insolvency proceedings.
The Congress is not fielding a candidate in Mandya in order to support Darshan and open the constituency up for a direct contest between the SKP and the Janata Dal-Secular which is hoping to retain its seat.
A plea has been moved in the Supreme Court by two Kashmir residents challenging the Centre's decision to constitute the delimitation commission for redrawing the assembly and Lok Sabha constituencies in Union Territory of Jammu and Kashmir.
Japanese automaker says the 'element of trust has been broken'
According to a notification issued by the Union home ministry, the Municipal Corporation (Amendment) Act, 2022 will come into effect from May 22.
The veteran politician, who has been chief minister of the erstwhile state three times as well as union minister, also said the time has come for the opposition parties to come together and fight the forces who are bent on destroying the secular fabric of the country.
A bill seeking to explicitly ban caste discrimination has been introduced in the California Senate by a Democratic lawmaker, which, if passed, could make America's most populous state also the country's first to outlaw caste-based bias.
As the fracas over the coal-gate continued for the 12th day in Parliament, Bahujan Samaj Party supremo Mayawati on Thursday alleged that the United Progressive Alliance government was playing a double game on the SC/ST quota Bill, and urged it to get the House in order first.
"Orwellian" refers to a dystopian, totalitarian state which is destructive to the welfare of a free and open society.
The Allahabad high court had in January 2006 struck down the provision of the 1981 amendment Act by which the university was accorded the minority status.
A bench of Justices S K Kaul and M M Sundresh referred to the affidavit filed by the CBI Director in pursuance to the top court's earlier direction asking to apprise it about the steps to be taken to strengthen their prosecution unit, the bottlenecks, and also about conviction rate in matters probed by the agency.
Manchester United-bound Memphis Depay scored a stunning free kick as Dutch champions PSV Eindhoven beat Heracles.
Noting that a very important policy for advancement of SCs and STs was Schedules Caste Sub-Plan and Tribal Sub-Plan, Raju said the group has recommended a central and states' legislation on them.
For the last several weeks, both Channi and Sidhu have, directly or indirectly, made a case to be declared as the party's nominee for the top post.
The win took the Highlanders to the second spot with eight points as they remained unbeaten from four matches.
Bhaichung Bhutia will have a straight fight with former Mohun Bagan and East Bengal goalkeeper Kalyan Chaubey.
The top court said there should be no political bickering over the generation of oxygen by Vedanta as the country is facing a national crisis.
In a video, Ramdev was allegedly heard saying, "Allopathy is a stupid science and medicines such as Remdesivir, Fabiflu, and other drugs approved by the Drugs Controller General of India have failed to treat COVID-19 patients." His remarks caused massive outrage and the IMA sent over a legal notice to him.
The total amount covered by interim orders of no coercive action passed by the courts in such matters is approximately Rs 67,000 crore, the government told a bench headed by Justice A M Khanwilkar.
Chief Minister Nitish Kumar and Deputy Chief Minister Tejashwi Yadav also have cases registered against them.
Stressing that the United Progressive Alliance government was deeply committed to inclusive growth, Union Minister for Social Justice and Empowerment Meira Kumar on Wednesday asked private sector to initiate efforts for reserving jobs for Scheduled Castes and Scheduled Tribes youth as part of its corporate social responsibility (CSR).
The Congress on Monday appointed the party's Punjab unit chief Navjot Sidhu as chairman of the state election committee.
The Supreme Court on Friday stayed the order of the Madras high court directing Sterlite Industries to close down its copper smelting plant in Tuticorin, Tamil Nadu.
Adani Group stocks have taken a beating on the bourses after Hindenburg Research made a litany of allegations in its report, including fraudulent transactions and share price manipulation at the Gautam Adani-led group.
The Congress released a booklet 'Nau saal, Nau sawaal', asking nine questions from Modi. The BJP rejected the Congress' criticism as a 'bundle of lies and mountain of deception' and said the questions are born out of 'pathological hatred' of the PM.
A bench of Justices DY Chandrachud and Hima Kohli directed the Centre to decide on granting him a long-term visa, to enable him to apply for Indian Citizenship.
The 58-year-old surrendered shortly after 4 pm, and was taken for the mandatory medical examination, conducted at the Mata Kaushalya Hospital.
The top court termed the Rs 10 crore compensation paid by the Republic of Italy over and above the payment already made as "reasonable and adequate".
The Supreme Court Tuesday said the contempt matter involving fugitive businessman Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines, will be dealt with finally on January 18 next year. Observing that the apex court has waited "sufficiently long", a bench headed by Justice U U Lalit said, "We can't be waiting any longer now." The bench noted that Mallya was held guilty of contempt in 2017.
Lingayats are said to constitute about 17 per cent of Karnataka's population, and the community has dominance in as many as 100 out of total 224 constituencies, majority of these seats being in north Karnataka region.
A Bench comprising Justice S B Sinha and Justice S H Kapadia told Solicitor General G E Vahanvati that the court was given the impression that the FTCs, set up to dispose of long-pending criminal cases, would continue for another five years.
Amazon has filed a legal challenge at the National Company Law Appellate Tribunal (NCLAT) against the Competition Commission of India's (CCI) suspension of the US e-commerce giant's 2019 deal with Future Retail (FRL). Amazon has challenged the CCI order on at least five grounds, and the matter is likely to be listed this week, according to the sources. Parallelly, Amazon's Indian unit has approached the Supreme Court against a halt on an arbitration case against Future Retail's (FRL) asset sale to Reliance Industries (RIL).
News of all that's transpired on and off the football field
The Supreme Court on Wednesday agreed to hear on March 9 Bharatiya Janata Party leader Subramanian Swamy's plea seeking a direction to the Centre to declare 'Ram Setu' a national heritage monument.
The apex court, which dealt with the submission advanced by Kumar's counsel that the former MP be allowed to undergo treatment at a private hospital at his own cost, observed that he cannot be treated as a 'super VIP patient'.
The announcement made by Prime Minister Narendra Modi on Friday to repeal the three contentious farm laws is expected to bring to an end the year-long confrontation between the government and the farmers, which has left more than 700 dead in its wake.
In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.
The Supreme Court on Thursday gave a final opportunity to fugitive businessman Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines, to appear before it personally or through his lawyer in a contempt case where he has been found guilty. The top court said it has given multiple opportunities to Mallya to appear either personally or through a lawyer and had even given specific directions in its last order dated November 30, 2021. A bench of justices U U Lalit, S Ravindra Bhat and P S Narasimha posted the contempt case for further hearing after two weeks, saying that respondent contemnor (Mallya) is at liberty to act as per direction given in order dated November 30 last year, failing which the matter shall be taken to its "logical conclusion".
A bill to modify the list of scheduled castes in Tamil Nadu by grouping of seven castes which presently exist as separate castes, was passed by the Lok Sabha on Friday.
The Rs 56,000-crore (Rs 560 billion) Adani Group on Monday received a major blow from the Gujarat High Court, which ordered a shutdown of 12 units in Adani Ports and Special Economic Zone (APSEZ), located in Mundra, Kutch district, with immediate effect.
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