OpenAI to face digital news firms of Ambani, Adani in copyright battle, ET LegalWorld
Digital news units of Indian billionaires Gautam Adani and Mukesh Ambani, and other outlets like the Indian Express and the Hindustan Times, have mounted a legal challenge against OpenAI alleging it improperly used copyright content, legal papers show. The media outlets including Adani’s NDTV and Ambani’s Network18 have told a New Delhi court they want […]
SC issues contempt notice to Anil Ambani firm, Axis Bank, ET LegalWorld
The Supreme Court on Wednesday sought response from the Delhi Airport Metro Express Pvt Ltd (DAMEPL), the managing director (MD) of the Reliance Infrastructure subsidiary and the Axis Bank and its managing director as to why contempt proceedings should not be initiated against them for failing to refund more than Rs 4,500 crore, including interest, […]
SC dismisses Sebi’s appeal against SAT order giving relief to Mukesh Ambani, ET LegalWorld
The Supreme Court on Monday dismissed a plea filed by Sebi against a Securities Appellate Tribunal order which set aside the penalty imposed by the market regulator on RIL chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in shares of the erstwhile Reliance Petroleum Ltd (RPL) in November […]
Sebi imposes Rs 1 cr fine on Anmol Ambani in Reliance Home Finance case, ET LegalWorld
Markets regulator Sebi on Monday imposed a penalty of Rs 1 crore on Anmol Ambani, son of industrialist Anil Ambani, for his failure to exercise due diligence while approving general-purpose corporate loans in Reliance Home Finance matter. Additionally, the regulator levied a fine of Rs 15 lakh on Krishnan Gopalakrishnan, who was the Chief Risk […]