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In a recent landmark judgement, the Hon'ble Delhi High Court in the case of LAVA International Limited v. Telefonaktiebolaget LM Ericsson, directed LAVA to pay INR 244 crores (Approx. 29.9 Million USD) along with 5% annual interest ...
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Sabyasachi Majumdar of CARE Ratings anticipates that there will be ample electricity available from various sources. The distribution companies' cooperation is crucial. Despite high costs, gas-based generation remains open for the peak season. Short-term tariffs are expected to stay elevated for now, driven by the robust PLFs and an election-year dynamics.
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Nestle India's shares plunged 5.4% on Thursday to Rs 2,409.55 on BSE, following revelations of adding sugar to baby food in India but not in Europe or the UK. The health ministry expressed concern. This marked Nestle's worst single-day drop in 3 years.
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