Legal 60

Russia’s Expobank finalizes merger with Hyoya Bank of HSBCRussia’s Expobank has stated that it has finalized its merger with Hvoya Bank, a former Russian unit of HSBC Bank. HSBC transferred ownership of Hyoya to Expobank for an undisclosed fee in May, after receiving the requisite approval from President Vladimir Putin, ending around two years of

CCI Consents To Temasek’s Acquisition Of stake In Speed JVcoThe Competition Commission of India (CCI) has cleared the proposal of Ramon Investments Pte to acquire a stake in Speed JVco.Ramon is an arm of Singapore-headquartered Temasek Holdings, an investment company. As of March 2024, the sovereign wealth fund owns a Singapore Dollar (SGD) 389 billion

Srikant C.V. Joins Shardul Amarchand Mangaldas & Co. As Partner In General Corporate Practice Shardul Amarchand Mangaldas & Co. has announced the addition of Srikant C.V. as a Partner in the General Corporate Practice. He will be based out of the Firm’s New Delhi office and will be advising clients on various aspects of general

Australia revokes penalty action against Meta, ending lawsuit linked to Cambridge AnalyticaAustralian Information Commissioner Elizabeth Tydd has announced withdrawing the civil penalty proceedings against Meta Platforms, following a $31.85 million (A$50 million) settlement by the Facebook parent company. Filed in 2022, the lawsuit alleged that Meta shared user data with the ‘This is Your Digital

Image from here and here. In an interesting development that caught my eye (coincidentally after reading Shravya’s post here on Mediation in IP), Médecins Sans Frontières (MSF) has filed a suit against Dharma Production for using the MSF trademark in a scene of the movie Jigra. MSF, commonly also known as Doctors without Borders, is

S&R Associates Represented Hindustan Media Ventures S&R Associates is representing Hindustan Media Ventures Limited in its proposed INR 69.9 million investment in iDecorwala Spacefold Interiortech Labs, a technology and e-commerce company focused on home décor. Hindustan Media Ventures Limited is an India-based company, which is engaged in the business of publishing Hindustan, a Hindi daily,

Legal Bites brings you a roundup of Important decisions of the Himachal Pradesh High Court (2024), which played a significant role. It will help the readers to remember all legal and current updates of 2024 pertaining to the Himachal Pradesh High Court in the most efficient and easy way. Important Judgments of Himachal Pradesh High

Ofcom sets first codes of practice in Britain for tech firms in online safetyBritain’s online safety regulator Ofcom has stated that the regulations have come into force, which compel social media platforms Meta’s Facebook and ByteDance’s TikTok to combat criminal activity and enhance user safety. It added publishing its first codes of practice on tackling

Tax department Penalizes JK Tyres Rs.7.20 Crore For Input Tax Credit BenefitThe tax department has accused JK Tyres of availing Input Tax Credit (ITC) related to the Compensation Cess on the domestic portion of the Karnataka Goods and Services Tax (GST) turnover of Rs.7.20 crores. The authority appropriated Rs.7.07 crore and demanded Rs.13.07 lakhs. It

                      While coming down very hard on police cops who file false cases, the Supreme Court in a most learned, laudable, landmark, logical and latest judgment titled Om Prakash Yadav v. Niranjan Kumar Upadhyay and Others in Criminal Appeal Nos. 5267-5268 OF 2024 (Arising out of S.L.P.