Industrialist CK Birla has approached Gautam Adani to sell his promoter stake in listed Orient Cement after rejecting initial offers from other domestic players for failing to meet his valuation demand, people aware of the talks told ET.
The Supreme Court on Tuesday refused to legalise same-sex marriages, ruling that there is “no unqualified right” to marriage under the Constitution and that it lies in the domain of the Parliament to enact laws to validate such unions.
India’s top telcos are expected to file a review petition against the Supreme Court’s ruling to treat licence fees as a capital expenditure that could potentially prompt authorities to raise hefty retrospective demands, including penalties on operators for tax payment shortfalls of past periods.
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