NCLAT chairman Justice S J Mukhopadhaya dismissed the pleas against Ambani and officials after observing that consent terms agreed upon between RCom and minority shareholders for payment of dues cannot be a ground for initiation of contempt proceedings.
Former IPL commissioner Lalit Modi has again fired a salvo at BCCI bigwigs Sashank Manohar and president N Srinivasan for the "mess" created due to the termination of IPL franchise Kochi Tuskers Kerala.
Cracking the whip, the BCCI terminated the contract of IPL franchise Kochi Tuskers Kerala for non-payment of bank guarantee, thus abruptly ending the controversial Kerala team's association with the cash-rich league after just one year.
Several protests and mass movements across Delhi and the country were at their peak when the coronavirus threat slowly crept in, throwing normal life out of gear and pushing everyone indoors to ensure social distancing.
The incident that came to light on Saturday came days after a farmer was beaten up by the police in the state over non-payment of loan.
Resident doctors of three North Delhi Municipal Corporation (NDMC)-run hospitals are currently holding an agitating seeking release of their salaries due for the last three months.
The unions also suggested banks can extend special and exclusive loans to the airline to pay the salary dues or some subsistence payments to them against proper collateral.
The Income Tax Department has slapped a Rs 1,067-crore demand notice on telecom giant Bharti Airtel for non-payment of TDS dues in the last four financial years in connection with its overseas operations, even as the company said it was fully compliant with all the provisions.
Protesting non-payment of their salary and allowances, a section of Air India pilots are likely to stay off work on Saturday as part of a "no-pay-no-work" agitation.
Former Indian Premier League chairman Lalit Modi has backed Sunil Gavaskar in his feud with the Board of Control for Cricket in India over alleged non-payment of dues to him, saying the former opener was promised Rs 4 crore per annum.
According to the department, Kingfisher owes the sum for the April-September period and Air India's is for the period between April and August.
Kings XI Punjab on Wednesday rubbished reports that the team was sent a notice for non-payment of entertainment tax after their first match match of the fourth edition of the Indian Premier League (IPL) in Mohali.
Prime Minister Manmohan Singh on Wednesday promised that wages and appropriate perks would be paid to Air India employees at the earliest after the financial problems of the ailing carrier found a resonance in Lok Sabha with members raising concern over non-payment of salaries.
What the UK is getting out of the Serum Institute is what India is losing. And the responsibility of the Indian State ought to have been to dictate where Serum Institute's vaccine doses should go, argues Ambassador M K Bhadrakumar.
HPCL is the largest supplier of jet fuel to Kingfisher.
The Central Board of Secondary Education has directed disciplinary action against principal of a school which expelled Ruchika Girhotra soon after she complained of molestation by ex-DGP SS Rathore nearly two decades ago, but the school management defended her saying she was "innocent".
According to a senior company official, BSNL is in the process of appointing recovery agents on a commission basis to bring back the money.
The tenth team in the next IPL season could well be from Gujarat. Right now there are nine teams in the fray after the BCCI suspended Kochi Tuskers Kerala (KTK) from the IPL over non-payment of dues. A franchisee from Gujarat may take replace KTK.
The decision came following the intervention of Civil Aviation Minister Vayalar Ravi who met Petroleum Minister S Jaipal Reddy to sort out the issue.
BSNL had disconnected the point of interconnection of Reliance Communications on May 23 and May 31 in Haryana and on May 4 in Punjab claiming non-payment of pending dues by the private telco.
Autolite India Ltd forfeited 21,055 equity shares due to non-payment of allotment/call monies.
As much as Rs 8,000 crore worth of mobile phones in this segment - out of a total of Rs 15,000 crore - come into the country through the grey market. The government imposed the duty on these phones primarily to encourage domestic production but the strategy has failed as the bulk of high end mobile phones are currently imported.
Sri Lanka captain Kumar Sangakkara has written to the Board of Control for Cricket in India about non-payment of dues from Kings XI Punjab (KXIP) -- the franchise he represented in the first three editions of the Indian Premier League. 'Yes, Sangakkara has written to the BCCI about non-clearance of his dues. The matter came up for discussion during yesterday's governing council meeting,' a senior official confirmed on Thursday.
A senior Central Board of Direct Taxes official told Business Standard the Income Tax department had decided to intensify its vigil on the non-payment of TDS on interest earnings and non-disclosure of such income in the tax return.
As you ring in the New Year, here's a list of the 10 most important financial resolutions to get your money train back on track.
Regretting the inconvenience caused to its passengers, the airline said that it continues to have adequate pilots and runs a safe and reliable scheduled operation with rising on-time performance.
Balwas e-Com India Ltd forfeited 4,72,400 shares due to non-payment of allotment/call monies.
Irked by ICICI Bank's 'callous and devil-may-care attitude', a district consumer court has directed it to pay a compensation of Rs 125,000 to one of its customers against whom it had lodged a criminal case for non-payment of a car loan which he never took.
Veteran Congress leader N D Tiwari, who recently sought out-of-court settlement of the paternity row, on Thursday failed to avail the last opportunity granted by the Delhi High Court to testify in the 2008 case of a youth seeking to declare him as his biological father.
Indian Premier League team Kings XI Punjab was issued a notice for non-payment of entertainment duty, which it owed for the first match of the fourth edition of the Indian Premier League, played at the PCA stadium in Mohali on April 13.
Media reports on Monday said that the Cup given to Mahendra Singh Dhoni and his team was a fake and that the original was lying with the customs in Mumbai over non-payment of duties.
India's top tennis players, who had threatened to boycott the Commonwealth Games because of non-payment of dues, on Saturday pledged to represent the country in the mega event after being given a categorical assurance that the vexed issues would be resolved soon.
As many as 386 foreign companies are in the Prior Approval Category (PAC) list of the government due to non-payment or reduced payment of salaries and other related issues of exploitation of workers.
Vodafone Idea on Monday paid Rs 2,500 crore to DoT and promised to pay another Rs 1,000 crore before the end of the week.
Goswami was arrested on Wednesday morning by Raigad police from his residence at Lower Parel in Mumbai for allegedly abetting the suicide of architect and interior designer Anvay Naik, and was taken to the Alibaug police station in neighbouring Raigad district.
Besides non-payment of salaries, Vijay Mallya-owned private carrier, is saddled with huge debt and losses
Nearly 800 employees started the strike on February 3 alleging gross mismanagement of funds by the top management and demanded a thorough audit of ICAI by comptroller and auditor general.
'There will be no flying unless the company pays us substantial salaries and provides a road map,' the National Aviators Guild, the pilots union, said in a message to its members.
The protesting Indian women's hockey players finally received their financial dues from the Sport Ministry in Bhopal on Friday.
Don't opt for the moratorium unless critical, advises Charlie Lee, founder and CEO, True Balance.
