Aakash undertakes in SC to secure 25.7 pc Byju’s shares in rights dispute New Delhi, The Aakash Educational Services Ltd (AESL) on Tuesday undertook in the Supreme Court that 25.7 per cent of the edutech major Byju’s stake in Aakash shall remain secured till the disposal of a pending petition before the National Company Law […]
Supreme Court to Secure Byju’s 25.7% Stake in Aakash Dispute, ETLegalWorld Read More »
Hemant Kumar The legal profession is in the midst of a profound transformation. Rapid digitalisation, emerging technologies, complex regulatory regimes and globalisation are reshaping not just legal practice, but what organisations expect from their legal teams and leaders. On 13–14 March 2026, the 3rd edition of the Global Legal Convention 2026 will take place at
Supreme Court refers challenges to DPDP Act to 5-judge bench New Delhi: The Supreme Court on Monday referred various petitions seeking scrapping of some sections of the Digital Personal Data Protection Act, 2023, and Digital Personal Data Protection Rules 2025 to a larger bench of five judges. However, a bench comprising Chief Justice Surya Kant
Supreme Court Refers DPDP Act Challenges to Five-Judge Bench, ETLegalWorld Read More »
NGT clears Great Nicobar infrastructure project, says adequate safeguards provided New Delhi: The National Green Tribunal (NGT) has cleared the proposed International Container Transhipment Terminal in Great Nicobar Island, saying adequate safeguards had been provided in the environmental clearance (EC) conditions. The eastern zonal bench of Kolkata, headed by NGT Chairperson Justice Prakash Shrivastava, passed
Illustrative image In recent years, several new‑age tech companies have shown a sharp financial glow‑up in the year of their IPO or listing preparation, often driven by one‑off gains or accounting effects rather than a long profitability track record. While some companies like Groww, Meesho, PhysicsWallah showed genuine, multi‑year improvement in profitability or loss narrowing
Is Profit Just an Illusion Before IPO?, ETLegalWorld Read More »
Fresh legal snag may delay NSE’s long-awaited public debut Mumbai: India’s largest bourse, the National Stock Exchange of India (NSE), has hit another roadblock in its decade-long journey to go public. A writ petition has been filed in the Delhi High Court challenging the no-objection certificate (NOC) issued by the Securities and Exchange Board of
India reviews Press Note 3, may ease small FDI entry with de minimis rule New Delhi: India is reviewing Press Note 3 and may introduce a ‘de minimis’ threshold to allow automatic approvals for small foreign investments, according to people familiar with discussions. De minimis is a Latin phrase that implies low-stakes deals. Press Note
India to Ease FDI Rules with De Minimis Threshold amid Press Note 3 Review, ETLegalWorld Read More »
Reserve Bank of India restores default loss guarantees for NBFCs Mumbai: In a move that could support stronger credit expansion, the Reserve Bank of India (RBI) has restored the use of default loss guarantees (DLGs) for non-bank lenders, rolling back last year’s curbs that had forced them to make higher provisions on loans sourced through
NCLT appoints two-member committee to address grievances of Jaypee Infratech allottees NEW DELHI: The National Company Law Tribunal (NCLT)- Delhi has ordered appointment of an independent committee of experts to look into the grievances of the allottees of the Jaypee Infratech projects, which are now being developed by Suraksha Realty. The order was passed on
NCLAT to hear appeal against Oberoi Realty-led consortium’s Rs 919cr bid for Hotel Horizon New Delhi, Insolvency appellate tribunal NCLAT will hear an appeal filed against an NCLT order approving a Rs 919 crore bid by Oberoi Realty-led consortium for Hotel Horizon. A two-member bench Delhi-based Principal bench of NCLAT has admitted the appeal and
