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INDIA BUSINESS WORLD - NOVEMBER 16th - NOVEMBER 30th
- 2007
The Month that was ...
News & important developments from the most prospective of the New World markets... India. Our effort is to provide you with the latest and relevant developments that take place in the Indian business, economic and legal environment.
ECONOMIC & LEGAL NEWS
MRTPC ALLOWS SACHIN TO RESPOND TO NIKE ALLEGATION : The Monopolies and Restrictive Trade Practices Commission (MRTPC) has allowed Sachin Tendulkar to respond to global sports wear major Nike's More....
NO INTERIM RELIEF FOR BCCI & NIMBUS ON INDO-PAK TEST SERIES : The Delhi High Court has refused to grant any interim relief to BCCI and sports broadcaster Nimbus Communication which challenged the More....
NOTICE TO VODAFONE : In the case of the Hutch-Vodafone deal, a showcause notice has been served on Vodafone Essar, asking why the company should not be treated as More....
SUPREME COURT NOTICE TO MULAYAM'S BROTHER : The Supreme Court has issued notices to former UP chief minister Mulayam Singh Yadav's brother and some other allottees of plots More....
SUPREME COURT NOTICE TO CDMA BODY ON LICENCE FEE : The Supreme Court has issued notice to the Association of Unified Telecom Service Providers of India on the basis of a petition filed by the Centre More....
SUPREME COURT ISSUES NOTICE TO CENTRE ON IMPORT OF GENETICALLY MODIFIED PROCESSED FOOD : The Supreme Court has issued notice to the Centre on a petition challenging a notification that allows import of genetically-modified (GM) More....
SUPREME COURT ORDERS WRITTEN APOLOGY REGARDING STING OPERATION : The Supreme Court has asked Zee News correspondent Vijay Shekhar to file a written apology for carrying out a sting operation More....
SUPREME COURT DISMISSES PETITION ON NANDIGRAM : The Supreme Court has dismissed a petition seeking directions to the Central government to intervene in November 14 Nandigram carnage in West Bengal More....
NHRC EMPLOYEE GETS TWO YEARS IMPRISONMENT UNDER CORRUPTION LAW : A city court sentenced Ramakant Sharma, a retired DSP of Border Security Force(BSF) who was attached to National Human Rights Commission (NHRC), to two years imprisonment More....
ANSAL BROTHERS GIVEN 2 YEARS' IMPRISONMENT : A city court has sentenced Sushil and Gopal Ansal, the owners of Uphaar Cinema, to two years' imprisonment in the decade old case. The court granted them bail More....
SUPREME COURT NOTICE TO CENTRE, STATES ON 'STATE RALLIES' : Frowning upon the practice of organising political rallies with the help of state machinery, the Supreme Court has issued notices to the Centre More....
SUPREME COURT NIXES VEDANTA ALUMINA MINE PLAN : The Supreme Court has declined permission to the Anil Agarwal-promoted Vedanta Alumina to mine bauxite for its proposed Rs 4,500-crore aluminium refinery project More....
NBFC BAD DEBT RECOVERIES NOT TAXABLE: INCOME TAX APPELLATE TRIBUNAL : In an order that can give relief to hundreds of non-banking financial companies operating in the country, a Special Bench of Income-tax Appellate Tribunal More....
DELHI HIGH COURT DIRECTS PROBE IN CASH-FOR-QUERY SCAM : Holding that taking bribe for asking questions in Parliament by MPs is an offence, the Delhi HC directed the police to initiate investigations More....
JESSICA CASE: MANU'S BAIL PLEA REJECTED : The Supreme Court has rejected the bail plea of Manu Sharma, who has been sentenced to life imprisonment in the Jessica Lal murder case. A bench headed by Chief Justice KG Balakrishnan, More....
CALCUTTA HIGH COURT SERVES CONTEMPT NOTICE ON BIMAN BOSE : The Calcutta HC has issued criminal contempt notice against three CPI(M) leaders, including Left Front chairman Biman Bose, for allegedly making More....
COMBINATION DRUGS CAN STAY ON SHELVES, RULES HIGH COURT : Most of the 294 controversial combination drugs that the government wants withdrawn will continue to be sold for now. More....
PROFESSIONALS CAN'T CLAIM SEC 32 TAX BENEFIT, SAYS SUPREME COURT : The Supreme Court has said professionals cannot claim depreciation under Section 32 of the Income Tax Act. The Section is applicable to an assessee carrying More....
SUPREME COURT CLEARS DECK FOR APPU GHAR CLOSURE : The Supreme Court has cleared the decks for the closure of country's first amusement park, Appu Ghar, located here in Pragati Maidan More....
SEBI ALLOWS DISCOUNT TO RETAIL INVESTORS : Market regulator Securities & Exchange Board of India (SEBI) has allowed companies to offer a discount to retail investors in public issues and simplified the procedure for firms More....
MADRAS HIGH COURT DIRECTS ECONOMIC OFFENCES COURT TO DISPOSE OF JAYA'S DISCHARGE PETITION : The Madras High Court directed the Economic Offences Court-I to dispose of the discharge petition filed by AIADMK General Secretary Jayalalithaa within three weeks More....
TELGI SENTENCED TO 7 YEARS RI ON CULPABLE HOMICIDE CHARGES : A special court has awarded seven years rigorous imprisonment to multi-crore fake stamp paper kingpin Abdul Karim Telgi and five others, for culpable homicide not amounting to murder, More....
NEW AIIMS ACT CHALLENGED IN SUPREME COURT : The All India Institute of Medical Sciences and Post Graduate Institute of Medical Education and Research (Amendment) Act 2007 has been challenged in the Supreme Court on the grounds More....
DELHI HIGH COURT DIRECTS HAWKERS TO VACATE NEHRU PLACE AREA : The Delhi High Court has dismissed the petitions of 11 hawkers who wanted to be reinstated at Nehru Place Commercial Complex from where they had been evacuated by the DDA in April last More....
DELHI HIGH COURT TO DECIDE FATE OF FOURTEEN RESCUED CHILD LABOURERS : The Delhi High Court has issued notices to the Delhi government and a voluntary organisation Bachpan Bachao Andolan on whether the 14 children, rescued by the Delhi police while working as labourers, More....
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