Legaltangle

CCI decision to modify DLF, buyers pact sparks debate

Legal experts and former CCI functionaries are of the view that COMPAT needs to first decide on issues such as jurisdiction, relevant market, dominance and abuse of dominance before deciding on modifications in model agreement.

Rajat Gupta tied up in knots, sued by Goldman shareholder

The lawsuit singles out the investment bank's former director for being an alleged beneficiary of the "short-swing" profits from insider trading. Failure by Goldman's board to take any action against Gupta has pushed the shareholder to legal recourse.<br /><br /> <br /><br />

No relief: Finmin dismisses Voda plea on retrospective tax

Vodafone asked the government to abandon or amend the retrospective amendments, or face arbitration proceedings. The finance ministry has rejected this rejoinder and the prime minister's office will now take a final call on the response to the notice.

Claims in wage suit in US without merit: TCS

A judge in District Court in California on monday approved a class action lawsuit, accusing TCS of breaching employee contracts and violating California labour laws.

Essar Oil loses Rs 302 crore insurance claim

The verdict has no impact on our business since the claim amount has never been accounted for in Essar Oil's books," the company said.

HTC sues Citi's Taiwan unit for violating stock transaction law

The suit is seen as a proxy for the larger fight for market share between Google Inc's Android cellphones and tablets, many of which HTC makes, and Apple's product line.

Delhi HC raps Sebi for not probing DLF's IPO violations

The Delhi High court has pulled up Sebi for failing to follow up on a complaint that DLF may not have disclosed material facts in its red herring prospectus before its IPO in 2007.

'Doll up, honey': Wal-Mart women lose 'sex bias' case

Issues of class trump gender in Wal-Mart's win in an historic employment bias case.

Lawsuits continue: Oracle sues Google for billions

The season for tech lawsuits continues: Oracle Corp is now seeking damages "in the billions of dollars" from Google Inc in a patent lawsuit over the smartphone market.

Zuckerberg beats back 'forged' Facebook ownership contract

Under oath, Mark Zuckerberg dismisses a New York con artist's claims to a stake in Facebook as based on forgeries.