Facebook Pixel Nayara Withdraws Lawsuit as Microsoft Restores Services | Mint New Delhi - newspaper - Read this story on Magzter.com
Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Nayara Withdraws Lawsuit as Microsoft Restores Services

Mint New Delhi

|

July 31, 2025

Nayara Energy on Wednesday withdrew its lawsuit against Microsoft Corp. after the US tech giant restored critical digital services that had earlier been suspended, impacting the oil refiner's operations.

- Krishna Yadav

A bench led by Justice Purushaindra Kumar Kaurav of the Delhi High Court allowed Nayara's plea to withdraw the case, granting the company liberty to approach the court again should similar grievances arise.

"When the respondent has already restored the petitioner's services, then having considered the submissions made by learned counsel for the parties, the court at this stage does not deem it appropriate to keep this matter pending and instead allows the petitioner to withdraw the petition, with liberty to file afresh in case so necessitated. All rights and contentions are left open," the court said in its order.

MORE STORIES FROM Mint New Delhi

Mint New Delhi

Can middle powers break the global deadlock on AI safety?

Declarations at summits are not enough. The world needs action

time to read

3 mins

February 27, 2026

Mint New Delhi

Mint New Delhi

Loan queue lengthens for upskilling as Al age dawns

Graduates and executives are seeking personal and educational loans for AI courses

time to read

3 mins

February 27, 2026

Mint New Delhi

Banking: Has the credit-deposit ratio lost its relevance?

Is there an ideal credit-deposit (CD) ratio for the banking system or is the concept passé?

time to read

4 mins

February 27, 2026

Mint New Delhi

Mint New Delhi

Media mogul Jimmy Lai wins rare appeal over 2022 fraud case

A Hong Kong court has overturned former media mogul Jimmy Lai’s 2022 fraud conviction, in a rare win for the pro-democracy advocate serving a 20-year sentence for separate national security charges.

time to read

1 min

February 27, 2026

Mint New Delhi

Clear pathways for turnaround artists to rescue firms in distress

Specialists would be readier to take on the challenge if doing so did not entail significant legal risks

time to read

3 mins

February 27, 2026

Mint New Delhi

Mint New Delhi

HOW BIG IS THE PRIZE OF REOPENING RUSSIA?

The Kremlin is promising $12 trillion-worth of deals to Donald Trump's administration

time to read

10 mins

February 27, 2026

Mint New Delhi

Mint New Delhi

Why many playback singers still struggle to make money

Even as film songs clock millions of views and dominate streaming charts, many playback singers, especially those outside the top tier, say the financial reality behind the glamour remains precarious.

time to read

2 mins

February 27, 2026

Mint New Delhi

Growth in returns for InvIT investors

Listed Infrastructure Investment Trusts (InvITs) have collectively distributed a return of ₹5,565 crore to around 400,000 unitholders during the third quarter of FY26, marking another quarter of steady growth.

time to read

1 min

February 27, 2026

Mint New Delhi

States bet on trees to lift farm incomes

Several Indian states plan to integrate trees into mainstream farming systems to improve soil health, capture atmospheric carbon, and diversify rural livelihoods, as crop yields drop due to climate change and land degradation.

time to read

1 min

February 27, 2026

Mint New Delhi

Office leasing is in a good space

Grade-A office spaces are seeing faster absorption buoyed by favourable demand-supply dynamics, thus pushing vacancies lower.

time to read

2 mins

February 27, 2026

Listen

Translate

Share

-
+

Change font size