Offer for Nokia's Chennai plant very little: Tax dept to HC

Last Updated: Friday, April 24, 2015, 16:59

The Income Tax department on Friday told the Delhi High Court that the amount offered by an "arm's length buyer" for Nokia India's Chennai mobile making plant, frozen over an alleged Rs 10,000 crore tax dispute, is "very little".

IT dept to see if offer for Nokia Chennai plant acceptable: HC

Last Updated: Friday, April 17, 2015, 19:13

The Delhi High Court on Friday asked the Income Tax department to examine the offer by an independent buyer for Nokia India's mobile manufacturing plant in Chennai and to sell the asset, which has been frozen over an alleged Rs 10,000 crore tax dispute, if the amount is acceptable.

Cap on withdrawals through ATM is policy decision: RBI tells HC

Last Updated: Wednesday, April 15, 2015, 20:57

The Reserve Bank of India (RBI) on Wednesday told the Delhi High Court that putting a cap on the number of withdrawals by banking customers using their ATM cards without being charged, is a policy decision taken in public interest.

HC to hear on May 7 Govt's contempt plea against Naveen Jindal

Last Updated: Monday, April 13, 2015, 20:15

Delhi High Court on Monday decided to hear on May 7 the government's plea seeking initiation of contempt proceedings against industrialist Naveen Jindal and one of his former employees who was caught recording court proceedings during a coal block allocation matter relating to his company.

HC reserves verdict on pleas against clubbing end-use of mines

Last Updated: Monday, April 13, 2015, 20:12

Delhi High Court on Monday reserved its verdict on the pleas of three iron and steel companies challenging the Coal Ministry's decision to club all sectors, barring power, under a single category for coal block auctions.

HC stays warrant for Subrata Roy's appearance in IT case

Last Updated: Friday, April 10, 2015, 13:09

The court also issued notice to the income tax department seeking their response before the next date of hearing.

Delhi HC stays warrant against Subrata Roy's in IT case

Last Updated: Friday, April 10, 2015, 12:03

The Delhi High Court on Friday stayed warrant issued by trial court against Sahara chief Subrata Roy, company's three directors for appearance in an Income Tax case.

Siti Cable denies allegation of tax evasion

Last Updated: Wednesday, April 8, 2015, 16:27

In this context, the company has denied the allegation of tax evasion and would like to clarify that it has been depositing the entertainment tax regularly on the basis of collections.

Cairn India takes authorities to court over $3.3 billion tax demand

Last Updated: Tuesday, April 7, 2015, 10:29

Cairn India Ltd, India's largest private-sector oil producer, said on Monday it had moved the Delhi High Court against a USD 3.3 billion tax demand from Indian authorities related to its listing in 2007.

Cairn India moves Delhi HC against Rs 20,495 crore tax demand

Last Updated: Monday, April 6, 2015, 20:29

Cairn sought directions to the tax authorities not to take any coercive steps against it for recovery of the demand.

SpiceJet urges HC to direct DGCA not to deregister its planes

Last Updated: Monday, March 23, 2015, 20:04

SpiceJet on Monday moved Delhi High Court seeking orders to DGCA not to de-register its six aircraft leased from two foreign firms, saying it has arrived at a settlement with one and was in process of settling with the other.

High Court bars Glenmark from making anti-diabetes drugs

Last Updated: Friday, March 20, 2015, 17:34

The Delhi High Court on Friday restrained Indian firm Glenmark Pharmaceuticals from manufacturing, marketing or selling its anti-diabetes drugs Zita and Zita-Met, saying it has "prima facie" infringed the patent of US drug major Merck Sharp and Dohme (MSD).