The apex court sets aside Delhi HC order on the oilfield.
Sources said the Cabinet had in December last year stipulated that the new gas rate will apply to all producers excepting eastern offshore KG-D6 block where the contractor, which is fighting government against levying penalties for output shortfall, will have to give bank guarantees equivalent to the incremental revenue it would get from the new rates.
'Sports has been politicised, it is a sad thing': Rajyavardhan Singh Rathore on Vinesh Phogat and Bajrang Punia Joining Congress
The SC bench headed by judge S S Nijjar suggested to appoint foreign arbitrator in RIL'a ongoing case on gas pricing.
Two days after the termination of the merger agreement by Sony Group, Zee Entertainment on Wednesday hit back by filing a petition before the National Company Law Tribunal (NCLT), seeking a direction to implement the merger scheme. Besides, it has also initiated appropriate legal actions to contest the claims of $90 million (Rs 748.5 crore) filed by Sony Group before the Singapore International Arbitration Centre (SIAC), according to a regulatory update by Zee Entertainment Enterprise Ltd (ZEEL).
Star Indian shuttlers Satwiksairaj Rankireddy and Chirag Shetty have received a favourable draw for the Paris Olympics beginning July 26.
The near-doubling of gas prices to $8 per million British thermal units that will kick in from next month will accrue to all producers in the country.
Tokyo gold medallist para shuttler Pramod Bhagat will not be able to defend his title at the Paris Paralympics after he was handed a 18-month suspension for breaching BWF's anti-doping whereabouts clause.
Tatas agreed to a joint venture, competed with it, later walked out and are now filing 'frivolous' petitions against it, Birlas told Supreme Court in reply to Tata Industries' plea for arbitration on mobile firm Idea Cellular.
Wrestler Vinesh Phogat was found 100gm overweight before her 50kg category final on Wednesday.
Soccer's player transfer system will be in the spotlight and could even be on the brink of collapse on Friday when the Court of Justice of the European Union (CJEU) announces its ruling on former France player Lassana Diarra's case against FIFA.
The British mobile phone operator was widely expected to go for an international arbitration after its talks with the Indian government failed to find a solution last year.
The Supreme Court on Wednesday agreed to hear a plea seeking stay on arbitration proceedings on a dispute between Mukesh Ambani-led Reliance Industries Ltd (RIL) and the government over recovery of cost for developing the country's key natural gas field in the Krishna-Godavari (KG) basin.
Rajasthan Royals and the Board of Control for Cricket in India (BCCI) on Monday agreed to take the dispute over the Indian Premier League franchisee's contract termination to an arbitrator.
"How can a court order this? To say that the judgment, a public document, be pulled down will have very serious ramifications," said a bench comprising Chief Justice D Y Chandrachud and Justices JB Pardiwala and Manoj Misra after taking note of the submissions of Ikanoon Software Development Pvt Ltd, a Bengaluru-based legal website.
Vinesh has now appealed to the CAS, the apex body to settle disputes related to sport through arbitration, who will return with a verdict tomorrow
The government had in May last year disallowed $1.005 billion expense of RIL on the flagging KG-D6 gas fields for not implementing the approved field development plan.
The Bombay High Court on Monday suggested to the Board of Control for Cricket in India (BCCI) and Deccan Chronicles Holdings Ltd to settle their dispute over termination of IPL franchise by referring the matter to a mutually acceptable arbitrator.
National Wrestling coach Virendra Dahiya believes that Vinesh Phogat at least deserved a silver medal after the Court of Arbitration for Sport (CAS) dismissed her appeal.
The rejection of Vinesh's appeal means India's tally from the Paris Olympics will be of six medals which includes one silver and five bronze.
Jordan Chiles is set to lose her bronze medal in the women's artistic gymnastics floor exercise competition after the Court of Arbitration for Sport ruled in favour of an appeal by Romania's Ana Barbosu.
Japan's Olympic champion Rei Higuchi offered his support to Indian wrestler Vinesh Phogat, who was debarred from her final in the Paris Games for being 100gm above the prescribed weight limit.
What is also making MNCs go to international arbitration is that it is cheaper and faster, which Indian courts cannot promise.
The arbitration clause is present in almost 95 per cent of corporate agreements, according to tax and audit firm Ernst & Young.
Differences between Bakshi, his wife and McDonald's India emerged in mid-2013.
Abhinav Bindra on Thursday paid glowing tributes to wrestler Vinesh Phogat
The 29-year-old was set to face Sarah Ann Hildebrandt of the United States for the gold but was disqualified for the weight limit breach. A day after her disqualification, Vinesh also announced her decision to retire from wrestling.
'When Vinesh returns, we will welcome her like a gold medallist.'
A day after Indian Olympic Association secretary-general Randhir Singh warned of serious repercussions on disbanding of some important committees, the apex sports body said it will soon set up the Ethics Committee and Arbitration Commission.
Move came in the wake of government's refusal to settle the dispute through arbitration over recovery of cost incurred by the company.
Zimbabwe's rebels will renew their boycott if the board does not agree to arbitration on the captaincy and other concerns.
The strains are telling as old friends and new enemies face each other in the battlefield.
Thomas Bach on Friday said he has a "certain understanding" for Vinesh Phogat but also wondered where would one draw the line after allowing small concessions in certain situations.
In a major victory for Tatas, an arbitral tribunal has awarded Tata Motors a compensation of over Rs 766 crore for the losses incurred because of protests by Trinamool Congress that stalled its small car project at Singur in West Bengal. The tribunal asked the West Bengal government to pay Tata Motors the compensation, along with interest, according to a stock exchange filing by the Mumbai-based auto major on Monday. The company stated that the arbitral tribunal has asked the West Bengal Industrial Development Corp (WBIDC) to pay the company Rs 766 crore compensation, in connection with losses incurred on its manufacturing site in Singur.
The government has replied to Vodafone's notice that threatened international arbitration, saying there was no cause of action. It may send a reply and a tax notice to the company after the Finance Act is notified in the official gazette.
Complying with the directives of the International Olympic Committee, the IOA on Monday constituted the Indian Court of Arbitration for Sports to settle all sports-related disputes in the country.
e metal and mining group is also hopeful of taking forward the process to buy government's residual stake in another erstwhile PSU Hindustan Zinc Ltd.
IOA president PT Usha made it clear that it is the responsibility of the athlete to manage their weight and the attack on its medical team.
