COMPANIES & SECTORS


SN Thyagarajan (Bar  and   Bench) 17 November 2025
A public interest litigation (PIL) has been filed before the Supreme Court seeking a court-monitored investigation into what is described as a massive banking fraud involving Reliance Communications (RCOM), its group entities and its former promoter Anil Ambani, alleging systemic diversion of...

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Moneylife Digital Team 17 November 2025
The Supreme Court (SC) on Monday granted the Union government four additional weeks to respond to two applications filed by Sahara India Commercial Corporation Ltd (SICCL), which seek approval to sell 88 of the group’s properties, including Aamby Valley in Maharashtra and Sahara Shahar in...

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Moneylife Digital Team 14 November 2025
The Bombay High Court (HC) has issued a notice in a petition that seeks a full-fledged criminal investigation by the central bureau of investigation (CBI) into alleged gas theft by Reliance Industries Ltd (RIL) and its directors, including chairman Mukesh Ambani. The claim revolves around the...

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In 1983, Swraj Paul, in the status of a non-resident Indian (NRI), wished to take over a couple of Indian companies whose stock prices were underperforming, only to be deterred by the hurdles posed by the system and finally gave up.   Four years later, another NRI family, the Hinduja family,...

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Moneylife Digital Team 14 November 2025
India's labour market showed resilience in Q2FY25-26, with unemployment easing to 5.2% from 5.4% in Q1, reveals the periodic labour force survey (PLFS). Rural unemployment fell to 4.4%, while urban rates rose slightly. Labour force participation climbed to 55.1%, aided by higher female...

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S N Thyagarajan (Bar  and   Bench) 14 November 2025
The Supreme Court on Friday dismissed petitions filed by Bata India and Liberty Shoes challenging the Delhi High Court’s July 2025 judgment that had revived Crocs Inc. USA’s passing off suits against several Indian footwear manufacturers, including Bata, Liberty, Relaxo, and Action Shoes. [Bata...

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Ritwik Choudhury (Bar  and   Bench) 14 November 2025
The Supreme Court recently held that a company purchasing software to organise or automate its business processes cannot claim to be a “consumer” under the Consumer Protection Act, 1986 [Poly Medicure Ltd. vs. M/S Brillio Technologies Pvt. Ltd.].    A Bench of Justices JB Pardiwala and Manoj...

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Moneylife Digital Team 13 November 2025
The directorate of enforcement (ED) on Thursday arrested Manoj Gaur, former executive chairman and chief executive officer (CEO) of Jaiprakash Associates Ltd (JAL) and former chairman and managing director (CMD) of Jaypee Infratech Ltd (JIL), in a money laundering case involving alleged...

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SN Thyagarajan (Bar  and   Bench) 12 November 2025
The Karnataka High Court recently held that the State government has no authority to regulate the service conditions of employees of the Bengaluru Metro Rail Corporation Limited (BMRCL), ruling that the Central government alone is the “appropriate government” under the Industrial Disputes Act,...

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Moneylife Digital Team 12 November 2025
India’s cement industry is set for one of its biggest expansion phases yet, with total grinding capacity expected to rise by 160–170mn (million) tonnes (MT) between financial years (FYs)25-26 and 27-28, a sharp 75% jump compared with the 95MT added in the past three years, says CRISIL Ratings....

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Moneylife Digital Team 11 November 2025
The Delhi High Court (HC) has quashed criminal proceedings initiated by the income-tax (I-T) department against two company directors, ruling that directors cannot be prosecuted without the company itself being arraigned as an accused. The HC, while allowing two petitions filed by Nilesh...

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Moneylife Digital Team 10 November 2025
The June 2023 summons issued by the directorate of enforcement (ED) Vedanta Ltd’s chief financial officer (CFO) confirms that the company has been under formal investigation over large overseas payments made to its London-based parent, Vedanta Resources Ltd (VRL), according to a new report by...

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Moneylife Digital Team 07 November 2025
Viceroy Research has launched a fresh attack on Vedanta Resources Ltd (VRL), accusing the metals-to-mining conglomerate of using its planned initial public offering (IPO) of Konkola Copper Mines (KCM) in Zambia as a 'window dressing' exercise to mask deep financial distress and deteriorating...

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Moneylife Digital Team 07 November 2025
India’s Union minister of steel and heavy industries, HD Kumaraswamy, has unveiled the third round of the production linked incentive (PLI) scheme for specialty steel. The revised framework lowers minimum investment and capacity thresholds, easing entry for micro, small, and medium enterprises...

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Pallavi Saluja (Bar  and   Bench) 07 November 2025
At the launch of the Bahrain International Commercial Court (BICC), Chief Justice of Singapore Sundaresh Menon on Wednesday said that the rise of cross-border commerce has created a strong need for dispute resolution systems that deliver neutral justice.   Justice Menon said that global...

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SN Thyagarajan (Bar  and   Bench) 07 November 2025
The Delhi High Court was informed on Friday that Future Group and Amazon are in settlement talks pursuant to an arbitral award by the Singapore International Arbitration Centre (SIAC) directing the former party to pay 23.7 crore in damages to the latter. (Future Coupons v. Amazon NV...

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Moneylife Digital Team 06 November 2025
Coming down heavily on Indian Oil Corporation Ltd (IOC) for arbitrarily blacklisting a vendor without due process, the Delhi High Court has called the move a 'civil death' for business and a punitive measure that cannot be imposed for inadvertent or clerical errors. The Court quashed IOC’s...

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Prashant Jha (Bar  and   Bench) 06 November 2025
The Delhi High Court on Thursday reserved its verdict on Dabur's plea for an interim injunction against Patanjali Ayurveda's new advertisement, which had allegedly termed all other chyawanprash brands "dhoka" (fraud or deception) (Dabur India Limited v Patanjali Ayurved Limited &...

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Moneylife Digital Team 06 November 2025
The national company law appellate tribunal (NCLAT) has dismissed a plea by Jaypee Infratech Ltd (JIL) seeking Rs15 crore in interest on funds deposited by its parent company, Jaiprakash Associates Ltd (JAL), during JIL’s insolvency process. The appellate tribunal ruled that JIL was not...

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Moneylife Digital Team 06 November 2025
The directorate of enforcement (ED) has announced a coordinated initiative with the Insolvency and Bankruptcy Board of India (IBBI) to enable the release of assets attached under the Prevention of Money Laundering Act (PMLA) for use in insolvency resolution processes under the Insolvency and...

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