The reported order by a Canadian court allowing Devas Multimedia to seize amounts collected by the International Air Transport Association (IATA), on behalf of Airport Authority of India (AAI) and Air India, is unfortunate. The orders are a fallout of the long legal fight between Devas and Antrix Corporation, the ...
The Centre’s fertiliser subsidy bill may be budgeted at Rs 1.3 lakh crore for the next financial year (2022-23), signalling its potential to be a relentlessly rising and sticky item on the revenue expenditure side. This is even as the fuel subsidies have been reined in and are set to ...
In a major setback for Future group companies, the Delhi High Court on Tuesday dismissed their plea seeking to quash the ongoing arbitration proceedings in Singapore with Amazon relating to the Rs 24,500-crore merger deal with Reliance Retail. With this order, the arbitration proceedings initiated by Amazon against Future Retail over ...