Reserve Bank of India has submitted to the Supreme Court that its circular of last February removes the old norms for resolutions of stressed assets while allowing flexibility to lenders to choose their loan recovery plan individually or jointly.


Stressed assets: RBI defends its circular in SC (Part-I)


IANS Automatic

The Madras High Court on Wednesday declined interim relief to Vedanta Ltd to take up maintenance work at its copper smelter plant in Thoothukudi.


Madras High Court declines interim relief to Vedanta


The Supreme Court Constitution Bench is examining a petition filed by the Madras Bar Association challenging the creation of National Company Law Tribunal and National Company Law Appellate Tribunal under the Companies Act 2013.


SC Bench examines validity of NCLT & NCLAT


The ED on Tuesday said it has got custody of businessman Vijay Kothari who illegally remitted foreign exchange worth Rs 500 crore outside India through banks in 2012-13 by submitting forged bills of entry and other forged import documents.


Foreign exchange case: ED gets custody of Vijay Kothari


Pharmaceutical company Purdue Pharma agreed to pay $270 million to the state of Oklahoma in one of the more than 1,600 lawsuits it faces for its alleged responsibility in aggravating the opioid crisis in the US.


Purdue Pharma settles for $270 mn in US opioid lawsuit


A mother has filed a $125 million lawsuit against the Weather Channel over her son's death in a car collision in Texas on March 28, 2017.


Channel sued for $125 mn over storm chase death


The Enforcement Directorate (ED) on Wednesday informed the Delhi High Court that it will file chargesheet against corporate lobbyist Deepak Talwar before April 1 in a case related to irregular seat-sharing on Air India's profitable routes.


Chargesheet against lobbyist Talwar by April 1: ED


China will prosecute former head of Interpol Meng Hongwei for allegedly taking bribes, China's Communist Party said on Wednesday.


China to prosecute former Interpol chief


The CBI on Wednesday told the Delhi High Court it needs more time to complete investigations into an FIR filed against its former Special Director Rakesh Asthana in a bribery case.


CBI seeks more time to probe case against Asthana


Actor Rajpal Yadav, who came out of prison late February after serving a sentence in a case of non-repayment of a loan, says he is healed, happy and excited to go back to a film set and start shooting all over again.


Rajpal Yadav feels 'healed', can't wait to start


In a new day of ongoing protests, the Algerian army chief Ahmed Gaid Salah demanded the removal of President Abdelaziz Bouteflika, who has been seriously ill since 2013, an official statement said on Tuesday.


Algerian army chief demands removal of President


US President Donald Trump's declaration of a national emergency at the US-Mexico border survived a critical vote in the House on Tuesday, as Democrats failed to muster the necessary two-thirds majority to override his veto, the media reported.


House fails to override Trump veto on southern border emergency


Rome, March 26 (IANS/AKI) Divorce, abortion and women's rights are "not up for discussion", far-right Interior Minister and Deputy Premier Matteo Salvini said on Tuesday, signalling there would be no change to Italy's abortion laws.


Divorce, abortion non-negotiable: Italian Deputy PM


A Delhi Court has issued summons to former Managing Director and Chief Executive Officer (CEO) of Punjab National Bank Usha Ananthasubramanian and 11 other PNB officials in a case related to violations of of the Banking Regulation Act.


Court issues summons to PNB ex-CEO, others


The Enforcement Directorate (ED) on Tuesday warned that it could attach the entire amount of the one-time settlement (OTS) to be paid by the absconding directors of the scam-hit Sterling Biotech Group to the Committee of Banks.


Can seize Sterling Biotech's OTS amount, ED to banks


The Supreme Court of Pakistan on Tuesday granted bail of six weeks to former Prime Minister Nawaz Sharif for health reasons.


Pakistan court grants 6 weeks bail to Sharif


The National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed the two notices issued by the Department of Telecom (DoT) to Reliance Communications (RCom) for cancellation of its spectrum licence for delay in payment.


NCLAT stays DoT notice for RCom's spectrum cancellation


A Delhi court on Tuesday allowed the Enforcement Directorate (ED) to quiz businessman Sushen Mohan Gupta, an alleged middleman in the Rs 3,600 crore AgustaWestland VVIP chopper deal case.


AgustaWestland: ED to quiz Sushen Gupta


Women are, on an average, 30 per cent less likely to be called for a job interview than men, even if they have similar qualifications, say researchers.


Women 30% less likely to get interview calls: Study


The Central Bureau of Investigation (CBI) on Tuesday told the Delhi High Court that it has not intercepted phone of the National Security Advisor (NSA) Ajit Doval and former CBI Special Director Rakesh Asthana at any point of time.


CBI denies intercepting Ajit Doval's phone


The Supreme Court on Tuesday declined to let go the West Bengal Chief Secretary and the Director General of Police (DGP) in a contempt plea by the CBI allegedly for not cooperating with it in the investigation of the Saradha chit fund scam.

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