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40,000 Shareholders, No Consultation: Did Jindal Poly Strike A Deal To Kill The Class Action?A letter by minority shareholders alleges that the sequence of stake acquisition, substitution and subsequent consent to arbitration "bears the unmistakable hallmarks of a pre-arranged strategy to defeat the class action."
- Jun 12, 2026 18:58 pm IST
- Nimitt Dixit
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Aviation Minister Naidu On AI-171 Anniversary: Committed To Finding The CauseCivil Aviation Minister Ram Mohan Naidu Kinjarapu said the probe is being carried out carefully, following both Indian and international aviation safety rules.
- Jun 12, 2026 18:32 pm IST
- NDTV Profit News
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Centre Caps Diesel Sales At Retail Outlets To Curb Hoarding, Black MarketingThe ministry said the restrictions are targeted at bulk buyers and will not affect ordinary motorists, noting that the 200-litre limit is well above the requirements of most private vehicles.
- Jun 12, 2026 17:19 pm IST
- NDTV Profit News
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Byju Raveendran Secures Reprieve In Singapore Civil Contempt CaseRaveendran was not supposed to show up on June 15 under the initial May 25 ruling. No arrest warrant was issued against Raveendran
- Jun 12, 2026 16:39 pm IST
- NDTV Profit News
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IDFC First Bank Case: CBI Chargesheets Nine Accused Over Rs 657-Crore EmbezzlementThe alleged scam involved public servants colluding with IDFC First Bank officials to systematically siphon off public funds parked in fixed deposits.
- Jun 12, 2026 15:35 pm IST
- NDTV Profit Desk
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Salman Khan Moves Delhi High Court Against Kala Hiran: ReportSalman Khan has argued that the film could affect ongoing legal proceedings and cause damage to his reputation and goodwill.
- Jun 12, 2026 15:31 pm IST
- NDTV Profit Trending Desk
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One Year Since AI171 Crash: What AAIB Probe Report On Air India Crash Could Reveal TomorrowFor the past year, India's Aircraft Accident Investigation Bureau (AAIB) and the Civil Aviation Ministry have mostly stayed quiet about the Air India AI 171 crash investigation.
- Jun 11, 2026 20:15 pm IST
- NDTV Profit News
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Betrayed By Grandson, 89-Year-Old Maharashtra Woman Fights Back To Reclaim 7.5-Acre PropertyThe tribunal emphasised how crucial it is for property transfer papers involving senior individuals to explicitly include maintenance and care commitments.
- Jun 11, 2026 20:02 pm IST
- NDTV Profit News
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Salman Khan Defamation Case: Bombay HC Questions Use Of Social Media To Air Personal DisputesKetan Kakkad claimed Salman Khan's Panvel farmhouse violated environmental norms and raised the issue on social media after getting no response from authorities.
- Jun 11, 2026 19:17 pm IST
- Sandhya Nambudiri
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Can A Class Action Be Settled Privately? SC Decision To Send Jindal Poly Case To Arbitration Sparks DebateThe Supreme Court's move to send the Jindal Poly class action to arbitration has reignited concerns about investor protections and class action law.
- Jun 11, 2026 18:30 pm IST
- Nimitt Dixit
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Signature Forgery Case: TMC's Abhishek Banerjee Gets Interim Protection For Two WeeksThe Calcutta High Court granted TMC leader Abhishek Banerjee interim protection from coercive action in a signature forgery case involving party MLAs, while directing him to cooperate with the CID investigation into the alleged fabrication of legislators' signatures.
- Jun 11, 2026 14:13 pm IST
- NDTV Profit News
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Money Laundering Case: Delhi HC Denies Bail To Former Reliance Power CFOThe ED opposed the plea through Special Counsel Zoheb Hossain, who argued against granting bail in the matter.
- Jun 10, 2026 22:41 pm IST
- NDTV Profit Desk
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RBI Cancels Registration Certificates Of 135 NBFCsForerunner Capital Investments' licence was surrendered due to meeting the criteria prescribed for unregistered Core Investment Company (CIC) that do not require registration.
- Jun 10, 2026 20:37 pm IST
- Press Trust India
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Bombay High Court Denies Relief To Lilavati Trust In Defamation Case Against HDFC BankThe Trust claims that HDFC Bank "falsely portrayed" it and trustee Prashant Mehta as loan defaulters, harming standing and credibility in the public domain.
- Jun 10, 2026 08:01 am IST
- Nimitt Dixit
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AI World Vastly Different From IT Act Era, Believe New Law Is Needed: Ashwini VaishnawGovernment will seek to strike a balance between innovation and regulation, Vaishnaw said.
- Jun 09, 2026 23:38 pm IST
- Press Trust India
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Madras HC Draws Line On Waqf Powers, Quashes Board's Dargah OrderThe judgment further clarified that a dargah can be treated as a waqf only if there is a permanent dedication of property by a Muslim for religious, charitable or pious purposes recognised under Muslim law.
- Jun 09, 2026 21:01 pm IST
- NDTV Profit News
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Rs 16-Crore Scam: BMC Official Suspended For Cheating Jaaved Jaaferi's Wife, Others, Says ReportAccording to the complaint, investors collectively contributed around Rs 16.24 crore in cash, foreign currency and jewellery. The accused allegedly provided forged government documents to support the investment proposal.
- Jun 09, 2026 20:29 pm IST
- NDTV Profit News
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Bombay HC Shields IRB From Rs 110 Crore Recovery Bid By MPELThe Bombay High Court stayed recovery of nearly Rs 110 crore from IRB MP Expressway, citing a binding Covid-era compensation agreement.
- Jun 09, 2026 15:36 pm IST
- Nimitt Dixit
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India's First Corporate Class Action Against Jindal Poly Lands In Arbitration Before TrialIndia's first admitted corporate class action ends abruptly as the Supreme Court refers the Jindal Poly shareholder dispute to arbitration, overturning key tribunal rulings.
- Jun 09, 2026 15:26 pm IST
- Nimitt Dixit
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Patna Court Stays Arrest Of Khan Sir Till Further OrdersKhan was named in an FIR related to a firing incident by his guards a week ago when his coaching institute was allegedly vandalised by a bunch of miscreants.
- Jun 09, 2026 12:44 pm IST
- Press Trust India