As many as 15 multi-national firms like Nokia, Sony, Samsung and Ericsson have been found guilty of violating foreign exchange regulations and a penalty of over Rs 42 crore (Rs 420 million) has been imposed on them.
Containing fiscal deficit and stable policies were crucial for the country to attract higher foreign investment, Commerce and Industry Minister Arun Jaitley said on Thursday.
The Securities Appellate Tribunal chief Justice Kumar Rajaratnam has resigned amid controversy over the UBS Securities case relating to the stock market crash last year.
Telecom Regulatory Authority of India on Monday failed to get any interim relief from the Supreme Court as it refused to stay telecom appellate tribunal TDSAT's order restricting regulator's jurisidiction to effect changes in the agreement signed bet
Shoaib Akhtar's previous contract in the 'A' category was cancelled after he was banned for taking banned steroid.
Shoaib Akhtar may have been cleared to play in the Indian Premier League but former players say the maverick pacer will find it tough to make an impact in the twenty20 league as months of absence from the cricket field has robbed him of match fitness.
HeidelbergCement has decided to move the Securities Appellate Tribunal challenging the directive of the Securities and Exchange Board of India.
The Telecom Disputes Settlement and Appellate Tribunal has wrapped up hearings on the government policy allowing fixed-line telephone firms to offer cheaper limited mobility services and will rule later on the issue.
The central government will soon appoint two members in the Securities Appellate Tribunal to complete the quorum by March end.
Supreme Court on Tuesday upheld a Telecom Dispute Settlement Appellate Tribunal order directing the Government to refund the interest on licence fee collected by it from four operators
Cellular service providers have proposed a compromise formula to avoid breakdown in peace talks with basic operators.\n\n\n\n
The Telecom Dispute Settlement and Appellate Tribunal has refused to give an interim order against Reliance's proposed roaming facility on WLL phones as the telecom regulator Trai said it was examining Reliance's reply.
TDSAT has adjourned for a day the hearing on a petition filed on interconnect filed by cellular operators against basic players offering WLL.
Sebi has strengthened Arora's credentials at the cost of its own, says N Mahalakshmi
The Securities Appellate Tribunal has adjourned the first hearing of National Securities Depository Ltd's appeal against Sebi's interim order on the IPO scam as the market regulator could not hire a senior counsel to argue its case.
The Supreme Court on Thursday delivered a judgement giving ITC a relief of Rs 803 crore (Rs 8.03 billion) on account of excise duty
In a setback to the telecom regulator, the Telecom Dispute Settlement and Appellate Tribunal has barred TRAI from intervening in any dispute arising between two operators on the terms and conditions of interconnection.
The Budget proposed abolishing the under-performing, authority of advance ruling, to replace it with a two-member board of advance ruling.
The Central Excise and Service Tax Appellate Tribunal ordered the BCCI pay Rs three crore interim payment towards service tax dues.
While disposing of an appeal, it said as far as the prayer for taking steps to save and conserve critically endangered indigenous species of livestock is concerned, it will be open for the appellant to make a representation to the state governments concerned.
A high-powered group of ministers on Thursday decided to go for a unified licence regime for telecom services, a move seen to resolve the ongoing battle between basic and cellular operators on limited mobile services.
Market regulator Securities and Exchange Board of India will soon appeal to the Supreme Court against the Securities Appellate Tribunal's order directing Chhabrias to make an open offer to shareholders of Herbertsons Ltd.
With the hotting up of the telecom and broadcasting sector due to entry of more and more players, legal disputes in the field are bound to increase, Justice Santosh Hegde, who took over as chairperson of TDSAT, said on Monday.
TRAI said it will submit recommendations on the TDSAT's directive to work out a level playing field between the cellular and basic operators offering wireless in local loop services, to the government in 2-3 months.
A bill to amend the Money Laundering Act, 2002 by allowing the appointment of the chairperson and a member of an Appellate Tribunal, was introduced by Finance Minister P Chidambaram in the Lok Sabha on Friday.
The Securities Appellate Tribunal has suggested setting up of an Advance Ruling Authority in the capital market headed by a High Court Judge with its order binding on the Securities and Exchange Board of India.
