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Delhi HC rules in favour of IGL; stocks surge
MUMBAI (Reuters) - The Delhi High Court on Friday ruled in favour of city gas utility Indraprastha Gas Ltd , or IGL, which had contested a directive from a government regulator to cut gas tariffs in New Delhi, leading to a nearly 30 percent surge in shares. The court ruling settles, for the time being, the uncertainty regarding margins that gas utilities are allowed to earn. The regulator's order

Court quashes regulatory board's order on CNG
The Delhi High Court Friday quashed an order of the Petroleum and Natural Gas Regulatory Board slashing the network tariff and compression charges with retrospective effect for CNG distributed by Indraprastha Gas Ltd in Delhi and adjoining areas.

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BSE Sensex ends lower; Reliance, techs fall

The BSE Sensex fell on Friday as worries about India's growth outlook continued to drag markets after the January-March quarter GDP print fell to its lowest in nearly a decade. The GDP print has led

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BSE eases relisting norms for suspended companies

The Bombay Stock Exchange (BSE) has revised the relisting norms for companies, which were recently challenged by a public interest litigation (PIL) at the Delhi High Court. According to the new

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High court issues notice to Bukhari, ASI
The Delhi High Court Thursday issued notice to the Shahi Imam of Jama Masjid, the government and the Archaeological Survey of India on a plea seeking to restrain any construction on land allegedly encroached by him near the mosque.

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3 MCD officials get bail in CWG graft case
Three Municipal Corporation of Delhi (MCD) officials, facing trial in a Commonwealth Games-related corruption case, were Thursday granted bail by a special CBI court here.

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