HC stays FIR against ex Sebi chief Buch

The Bombay high court on Tuesday stayed for four weeks a special court’s order directing FIR against ex-Sebi chairperson Madhabi Puri Buch and five other officials for alleged stock market fraud and regulatory violations, noting the order was passed mechanically.

Volkswagen moves HC over $1.4 bn tax notice

Skoda Auto Volkswagen India has filed a case against tax authorities over the Rs 11,000 crore (about $1.4 billion) show cause notice for alleged customs duty fraud related to the import of cars as completely knocked down units. The company