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SC says 'don't travel by air', refuses urgent hearing on airfare hike plea

SC says 'don't travel by air', refuses urgent hearing on airfare hike plea

Don't travel by air, the Supreme Court told a petitioner on Monday while refusing urgent listing of a plea alleging nearly 700 per cent increase in airfares.

An advocate mentioned the matter for urgent listing before a bench comprising Justices Vikram Nath, Sandeep Mehta and Aparesh Kumar Singh.

"The aviation fare has increased by 700 per cent," the advocate said.

Razorpay gets final licence to expand cross-border payments from GIFT City

Razorpay gets final licence to expand cross-border payments from GIFT City

Razorpay, the omnichannel payments platform for businesses in India, has received a final Payment Service Provider (PSP) licence from the International Financial Services Centres Authority (IFSCA) to operate in GIFT City.

The licence allows the company to move money into and out of India from GIFT City under a single regulatory framework. It follows the in-principle approval Razorpay received in April 2026.

ED registers money laundering case against Subhash Chandra over loan fraud

ED registers money laundering case against Subhash Chandra over loan fraud

The Enforcement Directorate has registered a money laundering case against media baron Subhash Chandra in connection with an alleged loan fraud that caused a ₹1,322 crore loss to Life Insurance Corporation Housing Finance Limited (LICHFL), officials said on Monday.

HDFC Capital, DivyaSree set up ₹1,500 cr fund to build housing projects

HDFC Capital, DivyaSree set up ₹1,500 cr fund to build housing projects

HDFC Capital has partnered with realty firm DivyaSree Developers to set up a ₹1,500 crore platform for building residential projects.

In a statement on Monday, Bengaluru-based DivyaSree Developers said it has partnered with HDFC Capital Advisors Ltd to "establish an ₹1,500 crore residential platform in India."

Sebi backs LTCG tax relief: What Shankar Sharma, Samir Arora said earlier

Sebi backs LTCG tax relief: What Shankar Sharma, Samir Arora said earlier

The Securities and Exchange Board of India (Sebi) has reportedly recommended that the government remove long-term capital gains (LTCG) tax for foreign investors. The proposal is among the recommendations made by the market regulator as part of its pre-Budget representations, news agency Reuters reported on Monday.

Plea in SC seeks to verify Ram temple stands on land adjudicated in dispute

Plea in SC seeks to verify Ram temple stands on land adjudicated in dispute

A plea has been filed in the Supreme Court seeking the constitution of a committee or a commission to determine whether the Ram temple at Ayodhya stands on the exact premises and land which was adjudicated by the apex court in its 2019 verdict.

In a landmark judgment delivered on November 9, 2019, a five-judge constitution bench of the apex court had paved the way for the construction of the Ram Temple by a trust at the disputed site at Ayodhya.

Govt extends customs duty exemption on cotton imports till December 31

Govt extends customs duty exemption on cotton imports till December 31

The government on Friday extended the customs duty exemption on cotton imports by two months till December 31, 2026, from the earlier deadline of October 31, 2026, to improve the availability of the fibre for the domestic textile industry.

The Ministry of Finance, through a notification dated October 30, amended the existing notification issued on May 30, 2026, to extend the exemption.

CCI clears Xavier Niel's 5.1 bn euro Vodafone stake acquisition, 3 deals

CCI clears Xavier Niel's 5.1 bn euro Vodafone stake acquisition, 3 deals

The Competition Commission of India (CCI) on Friday approved four major corporate transactions, headlined by French telecom billionaire Xavier Niel's 5.1 billion euro acquisition of a 16.2 per cent stake in UK-based telecommunications major Vodafone Group PLC.

The Vodafone transaction is being executed through Vega SAS, a French holding company and subsidiary of Maya SAS, which serves as Niel's family investment vehicle.

Axis Trustee threatens contempt action against Yes Bank over AT1 bonds

Axis Trustee threatens contempt action against Yes Bank over AT1 bonds

Axis Trustee Services Limited, the trustee for the Additional Tier 1 (AT1) bonds issued by Yes Bank, has asked the private sector lender to reinstate the bonds and take all necessary corporate actions within three days, failing which it said contempt proceedings would be initiated before the Supreme Court.

The trustee alleged wilful disobedience by the lender of the Supreme Court’s October 15 judgment.

Isro's GSLV successfully places NVS-03 satellite into 'designated' orbit

Isro's GSLV successfully places NVS-03 satellite into 'designated' orbit

India's independent regional navigation satellite system NavIC was restored to its minimum operational configuration of four satellites on Friday as Isro successfully launched its navigation satellite NVS-03, which was placed into the designated injection orbit by a GSLV rocket.

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