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Delhi HC Grants Temporary Relief to Patanjali Ayurved; Restrains APN Live from Airing Allegedly Defamatory Content Against Patanjali [READ ORDER]
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Delhi HC Grants Temporary Relief to Patanjali Ayurved; Restrains APN Live from Airing Allegedly Defamatory Content Against Patanjali [READ ORDER] Like

Team SoOLEGAL   |   3 Jun 2020 2:51am

A Single Judge Bench of Justice V. Kameswar Rao of the Delhi High Court has in the matter of Patanjali Ayurved Ltd. & Anr. v. Sobhagya Media Pvt. Ltd. (APN Live) & Ors. granted temporary relief to Patanjali Ayurved and…

Detaining Persons Beyond Requisite Quarantine Period in Quarantine Centers Is Violative of Article 21: Allahabad HC  [READ ORDER]
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Detaining Persons Beyond Requisite Quarantine Period in Quarantine Centers Is Violative of Article 21: Allahabad HC [READ ORDER] Like

Team SoOLEGAL   |   3 Jun 2020 2:05am

The Allahabad High Court has on May 30, 2020, directed the State Government to ensure that the persons who have completed their quarantine period are released from Quarantine Centers, provided they have been tested negative and that there is no…

Flipkart's Food Retail Licence Proposal Rejected, Company Prepares for Re-Application
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Flipkart's Food Retail Licence Proposal Rejected, Company Prepares for Re-Application Like

Team SoOLEGAL   |   3 Jun 2020 1:37am

The government has dismissed Flipkart's application for a food retail permit.The organization however said that it plans to reapply after assessment. The Department for Promotion of Industry and Internal Trade (DPIIT) sent a letter to the organization a week ago expressing…

2.8% Stake to be sold in Kotak Mahindra Bank by Uday Kotak
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2.8% Stake to be sold in Kotak Mahindra Bank by Uday Kotak Like

Team SoOLEGAL   |   3 Jun 2020 1:30am

Uday Kotak, the famous Billionaire Banker, who had a long run-in with the Reserve Bank of India over his excess personal holding in Kotak Mahindra Bank, is all about to sell a 2.8% stake in it for an estimated amount…

MSP for 14 Kharif Crops Approved by the Cabinet; Farmers to get 50-83% more than Cost
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MSP for 14 Kharif Crops Approved by the Cabinet; Farmers to get 50-83% more than Cost Like

Team SoOLEGAL   |   3 Jun 2020 1:12am

On Monday, the Union Cabinet approved an increase in the minimum support prices of 14 Kharif crops and this increase in the MSP would ensure that price will be 50 to 83 percent more than the cost of production as…

AirAsia India offers to waive one-way base fare for 50,000 frontline doctors
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AirAsia India offers to waive one-way base fare for 50,000 frontline doctors Like

Team SoOLEGAL   |   3 Jun 2020 1:06am

In a recent report, AirAsia India has offered to waive base far for a one-way flight ticket for 50,000 frontline doctors under its RedPass initiative across its domestic networks. An official stated, “Base fare will be waived off under the RedPass…

Jeff Bezos To Invest in UK logistics startup Beacon
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Jeff Bezos To Invest in UK logistics startup Beacon Like

Team SoOLEGAL   |   2 Jun 2020 11:28pm

The CEO and Founder of Amazon, Jeff Bezos is reportedly investing in a British start-up Beacon that aims to become a global logistics chain. In a report by Sky News it was added that “taking part in Series A fundraising…

SEBI Panel suggests that NGOs can Directly List on Social Stock Exchanges
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SEBI Panel suggests that NGOs can Directly List on Social Stock Exchanges Like

Team SoOLEGAL   |   2 Jun 2020 11:20pm

A SEBI-constituted panel on social stock exchanges recently suggested that non-profit organizations can directly hit on such a bourse through the issuance of bonds. Like the BSE and/or National Stock Exchange (NSE), the Social Stock Exchange (SSE) can be housed…

OYO Announces ESOPs for All Furloughed Employees
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OYO Announces ESOPs for All Furloughed Employees Like

Team SoOLEGAL   |   2 Jun 2020 11:11pm

Amounting to a whopping Rs 130 crore, the hospitality firm OYO is granting employee stock ownership plans (ESOPs) to all its furloughed employees impacted by the COVID-19 pandemic as part of its efforts to minimize the disruption being experienced by…

Centre to Arrange Special Trains to Facilitate Return of Laborers to Workplaces
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Centre to Arrange Special Trains to Facilitate Return of Laborers to Workplaces Like

Team SoOLEGAL   |   2 Jun 2020 10:50pm

Following the growing concerns which were raised by the industries regarding the shortage of labor hitting production and logistics, the central government on Saturday, 30th May 2020 announced that special trains to facilitate the return of laborers to their workplaces…

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