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RBI grants approval to Emirates NBD Bank to acquire up to 74pc stake in RBL Bank New Delhi, The Reserve Bank of India (RBI) has accorded approval to Dubai-based Emirates NBD Bank to acquire up to a 74 per cent stake in RBL Bank, paving the way for the bank to become a foreign lender. […]

Insolvency process against Raheja Shilas project in Gurugram to continue: NCLAT New Delhi, The National Company Law Appellate Tribunal (NCLAT) has declined Raheja Developers‘ plea to close the insolvency resolution process against its project Raheja Shilas in Gurugram, after observing that the issues with flat buyers have not been resolved. It further said an application

Delhi HC Grants Interim Injunction Against Counterfeit Crompton Products The Delhi High Court has passed a John Doe order, thereby granting significant interim relief in favour of Crompton Greaves Consumer Electricals Limited in a trademark infringement and counterfeiting action titled Crompton Greaves Consumer Electricals Limited v. S.D. Electronics & Ors., pending before the Court, according

The Insolvency and Bankruptcy Code (Amendment) Act, 2025, aimed at overhauling India’s insolvency framework through mandated timelines, out-of-court mechanisms, evolved practices such as creditor-in-control with debtor-in-possession, and enhanced regulatory powers, has sparked an intense debate within the legal and policy community. Zafar Khurshid, Senior Partner and Co-Founder of TKC Partners, said the amendment represents one

The Corporate Laws (Amendment) Bill, 2026 introduced in the Lok Sabha on March 23, 2026, and immediately referred to a Joint Parliamentary Committee, proposes amendments across multiple sections of the Companies Act, 2013, and the Limited Liability Partnership Act, 2008. The bill aims at fostering ease of doing business while simultaneously strengthening regulatory oversight. Broadly,

In a relief to Delhi Metro Rail Corporation (DMRC), appellate tribunal NCLAT has said that DMRC is not bound to revive the concession agreement with Pratibha Industries Ltd (PIL) for a multi-level parking at one of its stations. Earlier, on July 30, 2024, NCLT had approved a resolution plan for PIL by a consortium of

Sebi proposes to reintroduce open market buyback of shares through stock exchange mechanism New Delhi, Markets regulator Sebi on Thursday proposed reintroducing buyback of shares from the open market through stock exchanges as an additional method for companies to repurchase shares, following changes in the taxation framework. This mechanism was discontinued effective April 1, 2025,

Illustrative image New Delhi, Agri-warehousing company Sohan Lal Commodity Management (SLCM) has filed preliminary papers with markets regulator Sebi through the confidential route for an Initial Public Offering (IPO). In a public notice on Thursday, SLCM said it has filed “the pre-filed draft red herring prospectus with Sebi and the stock exchanges…in relation to the

Mumbai: Private sector lender RBL Bank has received the Reserve Bank of India’s approval for its proposed deal with Emirates NBD Bank, according to sources familiar with the matter. Approval from markregulator Sebi is also expected shortly. The clearance is likely to trigger a mandatory open offer as early as next week. RBL Bank did

New Delhi: The antitrust regulator has directed a probe into Venkateshwara Hatcheries Group and its affiliates for alleged abuse of markdominance and other anti-competitive practices in the poultry sector on a complaint filed by People for Animals (PFA), a non-governmental organisation founded by Maneka Gandhi. In an order on Wednesday, the Competition Commission of India