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SBI-led lenders say Vijay Mallya owes Rs 8,752 crore more

• SBI-led lenders say Vijay Mallya owes ₹8,752 crore more
• Debt recovery may affect SBI and other lenders’ recoveries

Community bank group sues US regulator over crypto trust charters

• The Independent Community Bankers of America accuses the OCC of exceeding its legal authority

Maharashtra FDA cancels Cipla's Pune warehouse licences; company says it is reviewing order

• Maharashtra FDA cancelled Cipla's Pune warehouse licences over alleged violations
• Cipla said it is reviewing the order and maintains the facility follows protocols
• The licence action creates regulatory and distribution risk for Cipla's India pharma business

Son sells ancestral land for Rs 8 crore, buys 2 more properties; gets income tax notice but wins at ITAT Chandigarh: Know why

Housing society demanded Rs 1.42 lakh maintenance dues with 18% interest, Maharashtra Court protects resident from being labelled defaulter; Know why

NCLT admits insolvency plea by Kotak Mahindra Bank against Unity Realty

• NCLT admitted Kotak Mahindra Bank’s insolvency petition against Unity Realty and Developers
• The petition was filed over a claimed default
• The admission advances Kotak Mahindra Bank’s recovery process on its Unity Realty exposure

Swiggy 'cost for two' misleading? What Delhi consumer court's ₹1 lakh order means for diners

• A Delhi consumer court ordered Swiggy and a restaurant to pay ₹1 lakh compensation
• The order concerned unfair trade practices
• The ruling adds consumer-protection scrutiny for Swiggy and India’s food-delivery sector

Rs 1 cr insurance claim rejected after mother’s death; insurer told to pay son Rs 99 lakh

FDA cancels wholesale drug sales license of Cipla Pharma & Life sciences Ltd

Delhi ITAT ruling: How relative’s airline job cleared businessman of tax penalty on foreign currency found in raid

• A relative’s airline job helped establish the businessman’s ownership of foreign currency found in a raid
• The case highlights the need for credible evidence of cash ownership and source to contest tax penalties
• Indian taxpayers facing search-related foreign-currency seizures may need evidence of ownership and source to contest penalties

PepsiCo and Monster challenge FSSAI ban on ‘energy drink’ label

• PepsiCo and Monster Beverage have initiated legal action against FSSAI over its labeling directive
• The companies cite business impact from the ban on the ‘energy drink’ label
• The labeling dispute may affect beverage companies, including Indian soft-drink bottlers

'I am hurt, but my hope and determination remain; I still have dreams' - EaseMyTrip founder Nishant Pitti

• Nishant Pitti said the recent events have hurt him but he remains hopeful and determined
• Developments involving founder Nishant Pitti may affect sentiment toward Easy Trip Planners

Woman ignores 4 tax notices, faces Rs 1.55 Cr tax additions: What ITAT says next

US court blocks Trump admin's border wall project in Texas' Big Bend region

• A federal court in Texas temporarily blocked the Trump administration from building a border wall and other infrastructure

ideaForge Faces ₹109 Cr GST Demand, Penalty Over Alleged Tax Underpayment

• ideaForge received a GST demand and penalty order totalling ₹109.2 Cr over alleged tax underpayment
• The tax exposure may weigh on ideaForge Technology shares

Man Charged With Illegally Shipping Nvidia Chips To China

• Federal prosecutors arrested Greg Lui over alleged smuggling of $300 million in Nvidia AI chip servers to China

US appeals court blocks Minnesota law barring 'nudified' photos in XAI lawsuit

DOJ says it will not reopen criminal probe into former Fed Chair Powell

• The DOJ said it will not reopen a criminal probe into former Fed Chair Powell

'Judge cannot decide this case': Curative plea in SC seeks recall of earlier verdict on CEC, ECs appointment law

• Jaya Thakur has filed a curative plea seeking recall of the verdict on the CEC and ECs appointment law

Meta Ray-Ban Smart Glasses Face Sales Halt In Netherlands Over Privacy Concerns

• Dutch privacy regulator AP warned identifiable people generally cannot be filmed and shared without consent
• Meta Ray-Ban smart glasses face a sales halt in the Netherlands over privacy concerns

Dangote's planned Kenya refinery faces legal challenge by consumer-rights group

Federal Reserve Board issues enforcement action with Ontario Bancorporation, Inc.

Anthropic warns government views of its AI could affect business ahead of IPO

• Anthropic warned government attitudes toward its AI could hurt customer relationships and its business ahead of an IPO