Lathika Pai, a veteran executive in the Indian startup ecosystem, has filed a lawsuit against her former employer Microsoft India. The civil suit seeks that the tech giant pay approximately Rs 35 crore in damages for allegedly coercing Pai to resign by intimidating her and creating a hostile work environment. The lawsuit names Microsoft India president Puneet Chandok and human resources head Arum Kakatkar as defendants.
Adani Group companies have been accused of over-invoicing coal and power equipment by an Indian government agency and by the Hindenburg report. Over-invoicing is a practice in which the prices of imported goods are jacked up by an intermediary owned by the buyer. The inflated price is passed on to consumers or is subsidised by government, with the buyer able to pocket the difference. A blizzard of litigation has occurred over these allegations in India’s courts. In early 2024, rulings by the Supreme Court and the Delhi High Court appear to have shunted any effective investigation of these allegations off into the never-never.
An FIR filed by the Delhi Police and proceedings in a case at the Delhi High Court alleges that GeneStore India, a biotechnology company, supplied “low-quality” and “unreliable” rRT-PCR testing kits for Covid-19 to various diagnostic labs across the country, offered bribes to diagnostic laboratories, and failed to pay their financial dues.
In an affidavit before the Delhi HC, clarifying the status of its probe, DRI has specified that it will appeal Bombay HC’s decision curtailing its powers to seek information from foreign countries in pursuit of its investigation into the Adani group.
Even as Tata Housing executives are doing the rounds of courts and government offices on claims of irregularities by whistleblower Nityanand Sinha, an inquiry based on his allegations remains stalled due to non-cooperation by company.
A recent ruling by the Delhi High Court has forced the Indian government to face not one but two arbitration proceedings against Vodafone in the biggest-ever tax dispute of its kind that has been going on for over a decade. The outcome of the dispute will have international ramifications and very significant implications on the implementation of bilateral investment treaties and the investor-state dispute settlement regime in the country.
