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The stock, however, tumbled 21.7% from the day’s peak to a low of ₹4,995.80 in the last hour of trading. It closed 8.75% lower at ₹5,363 a share on the BSE ....
NEW DELHI: The Supreme Court on Tuesday said the compensation given to farmers under land acquisition law can be deducted statutorily only and the state or its instrumentalities cannot do so on other pretext. The observations came from the bench comprising Chief Justice S A Bobde and justices A S Bopanna and V Ramasubramanian while dismissing the appeal of PSU Tehri Hydro Development Corporation Ltd (THDCL) against the 2018 order of the Uttarakhand High Court. Additional Solicitor General Aishwarya Bhati, appearing for the PSU firm, said that the company had paid the compensation for the land acquired and wanted to take development charge from the recipients of developed land. ....