Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Shardul Amarchand Mangaldas advised lead managers on Bharat Forge’s ₹2,000 crore qualified institutional placement, facilitating swift capital raising via equity issuance.
Khaitan & Co has advised Reliance Industries on a ₹12,000 crore private placement of non-convertible debentures, listed on BSE and NSE, carrying a 7.47% coupon rate.
The Karnataka High Court has quashed criminal proceedings against Le Meridien hotel and its executive for an allegedly unauthorised hoarding, holding that the prosecution failed to establish sanction and proper notice.
Third Amendment Directions, 2026 enhance clarity on fair valuation of investments for commercial banks.
Second Amendment Directions, 2026 refine investment portfolio norms for Payments Banks to ensure fair valuation practices.
Second Amendment Directions, 2026 update fair valuation practices for Small Finance Banks' investment portfolios.
RBI revises investment portfolio norms for All India Financial Institutions to enhance market valuation clarity and uniformity.
Exim Bank has finalised a ₹4,850 crore Line of Credit to the Maldives government for developmental projects, supported by the Government of India.
RBI circular alerts financial institutions to a new terrorist organisation designated under the Unlawful Activities (Prevention) Act, mandating compliance with asset-freezing obligations.
The Reserve Bank of India has notified amendments to the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, under powers granted by the FEMA, 1999.
RBI publishes results of ₹34,000 crore auction for 6.94% Government Stock 2036. Cut-off yield at 7.1450%, with ₹83,880 crore bids received.
RBI releases indicative calendar for Government of India dated securities, including Sovereign Green Bonds, for second half of FY27.