New Delhi, India  
Breaking News

Business

Empower your business decisions with LawStreet Journal's business law section. Find the latest legal news, regulatory updates, and expert commentary relevant to Indian businesses. Ensure your operations stay compliant and navigate legal challenges with confidence.

FSSAI Bans Sale of Old Monk, Bagpiper and Royal Challenge Over Artificial Flavouring
Business
FSSAI Bans Sale of Old Monk, Bagpiper and Royal Challenge Over Artificial Flavouring

FSSAI on August 3 banned the sale of ten liquor variants including Old Monk, Royal Challenge, Bagpiper, McDowell's and Antiquity Blue over artificial flavouring and misleading age claims. The orders target specific manufacturing facilities of United Spirits, Inbrew Beverages, and Mohan Rocky Springwater.

Read Full Article

SEBI Debars Subhash Chandra, Punit Goenka for 12 Months, Imposes ₹1.48 Crore Penalty [Read Order] Business
SEBI Debars Subhash Chandra, Punit Goenka for 12 Months, Imposes ₹1.48 Crore Penalty [Read Order]

SEBI found Subhash Chandra and Punit Goenka guilty of fraud for pledging Zee Entertainment's Hyderabad land for promoter-linked loans, imposing penalties totalling Rs 1.48 crore and debarment from the securities market.

CCPA Slaps Chaayos With Rs 50,000 Penalty For Levying Service Charge [Read Order] Business
CCPA Slaps Chaayos With Rs 50,000 Penalty For Levying Service Charge [Read Order]

The CCPA imposed a ₹50,000 penalty on Chaayos for levying service charge by default, directed refund to the consumer, and ordered the restaurant chain to remove the charge from its billing software.

Gautam Adani Denies Quid Pro Quo In US DOJ's Decision To Drop $250 Million Bribery Case Business
Gautam Adani Denies Quid Pro Quo In US DOJ's Decision To Drop $250 Million Bribery Case

Gautam Adani files US court affidavit denying any quid pro quo behind DOJ's move to drop the $250 million bribery indictment against him. Did Adani's $10 billion pledge influence the DOJ's decision to drop his bribery case? His new affidavit says no

Delhi HC Directs Crocs To Pay Rs. 24.63 Lakh Costs To Bata In Design Infringement Suit Business
Delhi HC Directs Crocs To Pay Rs. 24.63 Lakh Costs To Bata In Design Infringement Suit

Delhi HC directs Crocs to pay Rs. 24.63 lakh costs to Bata after design infringement suit collapsed on cancellation of registered design. Delhi HC applies the costs-follow-cause rule after Crocs' shoe design was cancelled.

India's Forex Reserves Jump $7.26 Billion to $674.19 Billion

India's foreign exchange reserves rose $7.26 billion to $674.19 billion in the week ending July 3, 2026, driven by a $4.51 billion rise in foreign currency assets and a $2.67 billion jump in gold rese...

NCLAT Upholds Liquidation, Holds Section 31(4) Approval Timeline Is Mandatory, Not Directory [Read Judgment]

NCLAT dismisses Taguda Pte Ltd's appeal against liquidation of Ushdev International, holds resolution plan implementation delay of over three years unjustified, imposes Rs 5 lakh cost.

Developer's Internal Disputes Cannot Excuse Possession Delay: NCDRC [Read Judgment]

NCDRC partly allows a complaint by 53 homebuyers against a Bengaluru developer, holding that internal disputes, litigation and Covid delays cannot excuse years of possession delay.

NCDRC Upholds ₹20 Lakh Compensation Against Air India Over Defective Business Class Seat Service [Read Order]

NCDRC upheld ₹20 lakh compensation and Business Class fare refund after holding Air India liable for deficiency in service over a defective non-reclining seat.

Trilegal Advises CRED and Kunal Shah on USD 900 Million Meta Investment

Trilegal advises CRED and Kunal Shah on Meta’s USD 900 million Series H investment, covering corporate, regulatory and competition law aspects.

CCPA Fines English Oven ₹1 Lakh for ‘100% Atta Bread’ Claim on Bread with Only 87% Wheat [Read Order]

CCPA fines English Oven ₹1 lakh for misleading “100% Atta Bread” claim after finding the product contained only 87% whole wheat flour.

CCPA Imposes ₹1 Lakh Penalty On Storia Foods For Misleading "100% Tender Coconut Water" And "100% Juice" Claims [Read Order]

CCPA fines Storia Foods ₹1 lakh for misleading “100% Coconut Water” and “100% Juice” claims; orders immediate withdrawal and compliance report.

HC Denies Stay On FIR Against Doctor Over Viral Nandini Milk Safety Reels

Karnataka HC refuses to stay FIR against a Bengaluru doctor over viral reels on Nandini products, saying social media cannot spread panic without evidence.

Consumer Court Fines Amazon For Delivering Wrong Camera [Read Order]

Amazon ordered to refund ₹1.43 lakh and pay ₹3.25 lakh compensation after delivering the wrong camera model and denying a refund, rules Darjeeling Consumer Commission.

OYO Wins Rs 3,885 Crore Tax Battle: ITAT Delhi Holds Angel Tax Provision Cannot Apply To Intra-Group Capital Infusion [Read Order]

ITAT Delhi deletes ₹3,885 crore angel tax addition against OYO, holding Section 56(2)(viib) cannot apply to intra-group capital infusion.


Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email