Oyo Hotels & Homes, which is preparing to file a draft prospectus for a $1-$1.2 billion initial public offering (IPO),has a legal hurdle ahead that is being posed by once rival Zostel (Zo Rooms) over a botched acquisition deal, which is due to come up for a court hearing on Wednesday. Hospitality startup Zo — … Read more
The Delhi High Court Tuesday granted a week’s time to the Central government to respond to a plea concerning the legal status of the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund). A bench of Chief Justice DN Patel and Justice Jyoti Singh listed the matter for further hearing on … Read more
Industry chamber CII President T V Narendran has suggested that the government should follow a cautious approach in opening up of all activities with a view to avoid a possible third wave of the COVID pandemic. The focus of opening up in the immediate run, he said, should be on economic activities including restarting the … Read more
The Delhi High Court Monday directed North Municipal Corporation of Delhi (North MCD) to disclose its list of assets and bank balance to examine the issue of non-payment of salaries to the employees and pensions for those retired. The high court warned it will now start attaching the civic body’s properties as the employees and … Read more
Mumbai: The Delhi High Court on Thursday asked the government to place the issue of levying Integrated Goods and Services Tax (IGST) on oxygen concentrators before the GST council meeting to take place on Friday. The Delhi High Court was hearing a matter where a company had dragged the government to court over IGST oxygen … Read more
The Centre will appeal against the Delhi High Court decision striking down the reduced integrated goods and services tax (IGST) levied on oxygen concentrators received as a gift from outside India by individuals, said a senior government official. The court called the levy unconstitutional. The official said the government has an open mind on removing … Read more
During the trial, which will be conducted on 525 healthy volunteers, vaccine will be given by intramuscular route in two doses on day 0 and day 28, according to the health ministry. The Delhi High Court on Wednesday refused to stay the clinical trial of Covaxin in children in the age group of 2 to … Read more
Delhi Chief Minister Arvind Kejriwal on Wednesday chaired a meeting to chalk out a plan for increasing oxygen beds and strengthening home isolation system in the national capital following a sharp rise in COVID-19 cases and deaths. “Convened a meeting with officials. Discussed the plan to increase oxygen beds in the coming days, and strengthen … Read more
AAP MLA Somnath Bharti Wednesday approached the Delhi High Court challenging his conviction and two-year sentence for assaulting AIIMS security staff. Bharti was taken into custody and sent to prison on Tuesday after the pronouncement of the verdict by a trial court here. In his plea before the high court, he has sought that the … Read more
The Delhi High Court on Friday refused to stay summons issued to former Jammu and Kashmir chief minister Mehbooba Mufti by the Enforcement Directorate in a money laundering case. A bench of Chief Justice D N Patel and Justice Jasmeet Singh said they are not granting any relief to the PDP leader. The court asked … Read more