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
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.
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.
AG is of the view that there is no point in dragging the matter further when it has already been "struck down" by one international forum, and also by the top Indian court.
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.
The Telecom Dispute Settlement and Appellate Tribunal on Friday, by a majority judgement of 2:1, dismissed the petition filed by cellular operators challenging government's decision.
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.
State-owned MTNL will soon reap a tax refund windfall, as the Income Tax department has been asked to return a whopping Rs 1,233 crore (Rs 12.33 bilion) to the telecom PSU
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 Supreme Court on Friday stayed a telecom dispute tribunal's order directing the government to give to cellular phone service providers copies of files pertaining to its decision allowing WLL operations.
Government on Wednesday decided to appeal in Supreme Court against telecom tribunal's order rejecting its claim of privilege on certain internal documents which led to the decision to allow basic operators to offer limited mobility services.
The Nobel laureate filed an application before the High Court.
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.
Telecom tribunal on Monday fixed April 2 as the date for hearing of petitions by Association of Basic Telecom Operators, Cellular Operators Association of India, Data Access and Bharti Telesonic against telecom regulator's IUC regime.
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
Reliance Infocomm on Thursday got a temporary relief from paying Rs 150 crore (Rs 1.5 billion) penalty imposed by the government on charges of illegal routing of international calls, with the telecom dispute appellate tribunal TDSAT directing that th
Cellular service providers have proposed a compromise formula to avoid breakdown in peace talks with basic operators.\n\n\n\n
Jaypee Infratech's financial creditors on Monday deferred the voting process on Suraksha group's offer to acquire the realty firm and will decide later this week whether bids of Suraksha group as well as NBCC should be considered again. Days after NBCC strongly objected to the Committee of Creditors (CoC) rejecting its offer and also questioned the jurisdiction of Interim Resolution Professional (IRP) Anuj Jain, the creditors held a meeting to discuss NBCC's addendum to its existing offer. The CoC, at its meeting on Monday, decided to conduct voting on May 27-28 on whether both contenders -- Suraksha group and NBCC -- should be allowed to submit their resolution plans for Jaypee Infratech Ltd (JIL), which went into insolvency proceedings in 2017.
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.
The verdict, upholding Centre's November 15, 2019, notification bringing personal guarantors of corporate debtors under the net of the IBC, assumes significance in view of the fact that various high-profile industrialists may now face insolvency proceedings along with their debt-ridden firms under the IBC.
Recently, an Air India flyer sent a legal notice to the airline seeking damages of Rs 30 lakh for the breach of personal data of 4.5 million passengers, including her husband and herself. Air India had informed the complainant of the data leak a month earlier, after it emerged that its passenger service system provider fell prey to a cyberattack in February. However, in the absence of a data protection law, India lacks a mechanism for compensation or grievance redress of consumers in such cases, say experts. Advocate Virag Gupta, a New Delhi-based cyber law expert, explains that a legal notice is a good beginning in the Air India case, but it raises many questions. These include whether sensitive personal information has been leaked and whether the airline is responsible or not, given that a passenger service system provider was also involved.
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.
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