In a setback to Monsanto, CCI has rejected pleas by the US biotechnology major and its group entities challenging a probe into the role of their top officials in a case relating to alleged unfair business practices in the Indian seeds market.
India will appeal against the verdict of the Hague tribunal in Antrix-Devas deal case, in which the international court had declared the annulling of the contract as "unfair" and "inequitable" and asked it to pay huge amount as compensation.
Apple has only been given a "breather" for the first three years by providing relaxation to it in local sourcing norms and the compulsory 30 percent local sourcing clause has not been completely dispensed with, government on Wednesday informed Rajya Sabha.
A special court on Wednesday awarded varying jail terms of up to three years to three officials of Rathi Steel and Power Ltd (RSPL) who were convicted in a coal scam case pertaining to irregularities in allocation of Kesla North coal block in Chhattisgarh to the firm.
Sahara group on Wednesday rejected a new USD 1.3 billion offer from a group of investors for its three prized overseas hotels, terming it a "devious attempt" to lower the price and disturb the sentiment of other bidders making "much higher" offers.
Rathi Steel and Power Ltd (RSPL) and three of its officials were held guilty by the special court which held that they had "deceived" the government by making false representation even before the then Prime Minister Manmohan Singh.