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Mittal, Total, HPCL JV to decide on $6 bn refinery

   10 July 2008 at 15:42

Steel magnate LN Mittal, France's Total, Hindustan Petroleum Corporation (HPCL), Oil India and GAIL will decide by December this year on the feasibility of spending $6 billion to set up a 14 million tonne per annum refinery and petrochemical plant at ..

Posted in Corporate Law |   373 Views


CBDT relaxes scrutiny norms in a few cases

   10 July 2008 at 15:42

The Central Board of Direct Taxes has decided to relax norms on scrutiny of tax payers whose premises have been surveyed by the officials, a step aimed at encouraging evaders to pay up. "The decision is likely to provide relief to thousands of taxpay ..

Posted in Taxation |   312 Views


SC sends Tata-Birla row over Idea for arbitration

   10 July 2008 at 15:42

The two year-old dispute between the Tata Industries and the A.V. Birla Group over Idea Cellular took a fresh turn on Wednesday with the Supreme Court deciding to set up an arbitrator to resolve the issue. The apex court’s decision is in favour of th ..

Posted in Corporate Law |   344 Views


Petition moved in SC against revision of result by UPSC

   10 July 2008 at 15:42

Petition moved in SC against revision of result by UPSC A petition was on Wednesday filed in the Supreme Court against UPSC's decision to revise the result of the Civil Service Examination (CSE)-2007 by deleting names of 96 quota candidates from the ..

Posted in Students |   831 Views


SC allows Tatas petition to resolve dispute with Idea

   10 July 2008 at 15:42

SC allows Tatas petition to resolve dispute with Idea The Supreme Court on Wednesday allowed Tata Industries' petition seeking arbitration to resolve its dispute related to the termination of their joint venture Idea Cellular with A V Birlas' group f ..

Posted in Corporate Law |   233 Views


Roche wins US patent case with Apotex over eye drug

   10 July 2008 at 15:42

Roche Palo Alto LLC on Wednesday won a legal battle with Canadian generic drug company Apotex over a patent for an eye inflammation medicine.The U.S. Court of Appeals for the Federal Circuit upheld a summary judgment Roche won in U.S. district court ..



Law ministry not to vet Bill in present form

   10 July 2008 at 15:39

The central universities draft Bill has run into trouble, with the Union Law Ministry refusing to vet it in the present form.After the Law Ministry recently returned the Bill to the Human Resource Development (HRD) Ministry with certain objections an ..

Posted in Civil Law |   335 Views


Government approves 28 FDI proposals worth Rs.13.27 billion

   10 July 2008 at 15:39

The government has approved 28 foreign direct investment (FDI) proposals totalling Rs.13.27 billion including global retail major Marks and Spencer’s proposal for 51 percent foreign direct investment in single brand retail business. “Based on the rec ..

Posted in Corporate Law |   253 Views


RBI makes exchange of damaged currency notes hassle-free

   10 July 2008 at 15:39

Exchanging soiled and damaged currency notes with fresh ones has been made easier with the Reserve Bank asking banks to set up facilities in this regard at their branches. Even the mutilated currency notes, with essential features in tact, can be ex ..

Posted in Corporate Law |   2516 Views


Ambani bros indulge in legal shadow-boxing

   10 July 2008 at 15:39

The spat between the warring Ambani brothers over the South African telecom giant MTN turned into a game of legal shadow-boxing on Monday with offers and counter offers for discussions being spurned on both sides.Wary of falling into a legal 'trap', ..

Posted in Corporate Law |   275 Views