THE Supreme Court has ruled that if the specified goods are eligible for exemption from payment of excise duty all such goods are eligible for non-payment More

The Delhi High Court has restrained a Jodhpur-based company from selling its soft drink under the trademark Facta, which is similar to Coca-Cola’s More

THE Delhi High Court has rejected a petition by Escorts Heart Institute challenging a notice by Delhi Development Authority (DDA) More

THE Supreme Court has transferred to the court of additional chief metropolitan magistrate, Delhi, a case of obscenity More

THE Lok Sabha has passed the Competition Amendment Bill, paving the way for establishment of a powerful competition regulator More

IT will now be compulsory for packs of cigarettes, bidis and chewing tobacco to carry pictorial warning to discourage tobacco consumption even though More

THE Supreme Court has stayed a Rajasthan high court order that restrained all the manufacturers of gutka, tobacco and pan masala from selling their products in plastic sachets in the state More

THE Delhi High Court has restrained telemarketers from making unsolicited calls to mobile phone users, irrespective of the fact whether or not they are registered More

THE Supreme Court has allowed Anil Ambani’s Reliance Energy to participate in the financial bidding for the Rs 2,600-crore sea-link expressway between Mumbai More

THE State Bank of India (SBI) has approached the Supreme Court for vacating a stay on a decision to discontinue the Janata Deposit Scheme More

INDIA’S Lupin has won its patent challenge against King Pharmaceuticals and Sanofi-Aventis for blood pressure drug Altace, which has sales of $700 million More

IN A setback for Ranbaxy in its global battle over the patent of Lipitor, a Canadian Federal court has ruled the company’s generic drug atorvastatin infringes upon one More

THE Supreme Court has said that an assessee cannot claim deduction under Section 80-HHC of the I-T Act for losses suffered on transactions More

Over $1.5 billion has been raised by Indian companies in 2007 on the London Stock Exchange (LSE). The turnover of Indian companies on More

BAJAJ Auto, the country’s second largest maker of two-wheelers, plans to sue Chennai-based TVS Motors for alleged infringement of intellectual property More

FLAG Telecom, the undersea cable arm of Reliance Communications (RCOM), has awarded Japan’s Fujitsu a $1.5-billion turnkey contract for construction More

POWER equipment major Bharat Heavy Electricals (Bhel) has won a Rs 1,990-crore order for the supply and installation of steam generator More

RELIANCE Industries has further cemented its position as the world’s biggest polyester producer by agreeing to buy the assets of Hualon Corp, a sick Malaysian entity. More

VIJAY Mallya-led United Spirits (USL), the third largest global liquor marketer by volume, is acquiring Liquidity Inc, a US-based maker of specialty vodkas More

Apollo Health Street (AHS), the BPO arm of Apollo Group of Hospitals, has acquired Zavata, an Atlanta-based BPO which operates in the same segment, for $170 mn More

COAL &Oil, a Chennai-based importer of thermal coal, has signed an agreement with Indonesia’s trading major Samtan-Kideco to source 50 million tonnes More

A STRING of foreign institutional investors (FIIs), including Citigroup, Morgan Stanley, Goldman Sachs and BSMA, have picked up a combined stake of over More

Hero Group has acquired Scotland’s largest call centre company, Telecom Service Centres (TSC), in a deal worth £40 million. TSC, which employs around 3,000 people More

IN A breakthrough into the international deepwater oil exploration business, Videocon Industries and Bharat Petroleum Corp (BPCL) have jointly acquired a sizeable stake More