A majority of 96 dealers, which operate around 140 showrooms across India, are unhappy with the company's offer of just around 12 percent of total investments they have made as compensation.
The suit seeking damages of Rs 640 crore from Nestle for sub-standard Maggi has both positive and negative dimensions. But in the interest of fairness, it is best for the two sides and the regulator to arrive at a compromise
Not 'taste bhi, health bhi': Govt files Rs 640 cr suit against Nestle over Maggi 'unfair trade practices'
The government filed a class action suit against Nestle India, seeking about Rs 640 crore in damages for alleged unfair trade practices, false labelling and misleading advertisements.
In a class action lawsuit filed in a federal court in Los Angeles, Kamath charged that Bosch unjustly enriched itself by requiring all of its non-US citizens employees to pay to Bosch federal and state tax refunds they had received while working in the US.
Gandhi is currently in the US for regular medical check up.
L'affaire Phaneesh Murthy is haunting Nasdaq-listed iGate Corp.
Citigroup has agreed to pay $730 million to settle a class-action lawsuit that claimed investors were misled by the bank's disclosures when they purchased its debt and preferred stock.
A US federal judge dismissed claims against seven former directors of Satyam Computer Services in shareholder lawsuits stemming from the massive fraud at the heart of India's largest corporate scandal.
Toyota Motor has agreed to spend $1.1 billion to settle sweeping US class-action litigation over claims that millions of its vehicles accelerate unintentionally, as the Japanese automaker seeks to move past the biggest safety crisis in its history.
A UK hedge fund has been allowed to convert its case against Coal India into something akin to a class action suit.