Supreme Court stays CERC order on transfer of FTIL shares in IEX

Financial Technologies said that the Supreme Court has stayed an earlier order by the Central Electricity Regulatory Commission directing Indian Energy Exchange to transfer its shares in the exchange to a trust. The CERC issued the order on June 26, 2015, directing FTIL (Financial Technologies) to transfer its entire shareholding in the Trust Demat Account […]

Dead insects in Fanta; Hindustan Coca-Cola to pay

The National Consumer Disputes Redressal Commission of India has dismissed an appeal by Hindustan Coca-Cola Beverages, a part of The Coca-Cola Company’s Bottling Investments Group, against an order by a lower court awarding compensation to customer who found dead insects floating inside a Fanta bottle. Asking for relief, Hindustan Coca-Cola said there was no proof […]