Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
HC Refuses to Stop Vedanta's Deductions in Oilfield Dispute
Business Standard
|July 12, 2025
Dismisses appeal to restrain firm from deducting govt share
The Delhi High Court on Friday dismissed an appeal by the Centre to restrain Vedanta from deducting payments from its (the Centre's) revenue share from the Mangala, Bhagyam, and Aishwariya oil and gas fields in Rajasthan.
Justice Jasmeet Singh, in his interim order, rejected the government's request to stop Vedanta from implementing a 2023 arbitral award.
So far, Vedanta has adjusted about ₹3,235 crore from the provisional revenue estimates for the second, third and fourth quarters of 2023-24 and is yet to adjust another ₹1,347 crore.
Vedanta can now proceed with its deductions until the final payout is quantified by the arbitration tribunal.
Denne historien er fra July 12, 2025-utgaven av Business Standard.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Business Standard
Business Standard
Govt may do away with exception for small cars in CAFE 3 norms
Formula tweak under discussion to set lenient targets for vehicles weighing less than 1,299kg
3 mins
January 22, 2026
Business Standard
US won't use force to take Greenland: Trump in Davos
US President Donald Trump on Wednesday said America will not use force to take Greenland and stressed that only America can protect the mineral-rich island, which is at the centre of escalating geopolitical tensions with Europe.
2 mins
January 22, 2026
Business Standard
Rise in land area transacted in '25 despite dip in transaction number
India witnessed an increase in the land area transacted in 2025, with real-estate developers closing a lesser number of deals but acquiring larger land parcels compared to the previous year, according to a report by Anarock.
1 min
January 22, 2026
Business Standard
Sensex EPS growth at its weakest in nearly 5 yrs
Accordingto analysts, thishad created a wedge between index underlying earnings, its valuation, and the index movement.
1 mins
January 22, 2026
Business Standard
Niti suggests ₹13K cr schemes for MSME decarbonisation
Proposes ₹6,000 crore for viability gap funding and 7,000 crore for anew PM-Suryaghar-like scheme
2 mins
January 22, 2026
Business Standard
Dr Reddy’s profit down 14% on low Lenalidomide US sales
Pharma major Dr Reddy’s Laboratories (DRL) reported a 14 per cent year-on-year (Yo-Y) drop in consolidated net profit to ₹1,210 crore in the December quarter of FY 2025-26 (Q3FY26) on low sales of cancer drug Lenalidomide in the North American market.
1 mins
January 22, 2026
Business Standard
Matter to unveil 2 new e-mobikes in 2 years
Electric motorcycle (e-mobike) maker Matter Motor Works plans to launch two new e-mobikes over the next two years, its Founder and Chief Executive Officer (CEO) Mohal Lalbhai said on Wednesday, adding that the company is also looking to invest around $150 million over the next two to three years.
1 min
January 22, 2026
Business Standard
India flags ‘huge mountain of debt’ in developed nations as matter of concern
INDIA AT DAVOS
2 mins
January 22, 2026
Business Standard
Water ‘bankruptcy' era has begun for billions, say scientists
A new era has begun of “global water bankruptcy,’ with humans depleting freshwater systems to the point they can’t recover, according to a new United Nations report.
2 mins
January 22, 2026
Business Standard
EU 'fully prepared' to hit back over Trump's Greenland tariffs, threats
The European Union (EU) is ready to strike back at US President Donald Trump over his tariff threats as he seeks to take Greenland, European Commission President Ursula von der Leyen said, toughening her rhetoric against the US president.
3 mins
January 22, 2026
Listen
Translate
Change font size