Fortis Healthcare faces a setback as the Supreme Court rules against its challenge to a forensic audit in the Daiichi-Singh brothers case. This case stems from a ₹3,500 crore arbitral award favoring Daiichi Sankyo in 2016, linked to the controversial 2008 sale of Ranbaxy Laboratories. The ruling highlights ongoing legal disputes surrounding the Singh brothers and their business dealings.
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The Allahabad High Court rules that accepting possession of property does not forfeit the right to claim interest for delays. This landmark decision clarifies that buyers can seek compensation even after receiving keys, ensuring fairness in real estate transactions. The ruling addresses concerns over delayed possession and reinforces consumer rights in property dealings.
Explore the one-year return gap between active and passive small-cap mutual funds. This analysis reveals how different investment strategies impact performance, highlighting the importance of portfolio construction in driving returns. Investors should consider these factors when choosing between active and passive funds linked to the same benchmarks.
Discover the top 5 diversified equity mutual funds that have excelled over the past three years. While returns highlight strong performance, understanding alpha is crucial for investors. This analysis reveals which funds are leading their category and how they compare in terms of risk-adjusted returns.
Tata Steel and the Dutch government have extended the green steel project deadline by five months to ensure financial viability. This decision aims to address critical issues affecting the project's operational feasibility and investment timeline. Stakeholders are optimistic about the potential for sustainable steel production in the Netherlands.