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1. Apple in early settlement talks with US DOJ over antitrust case, Bloomberg News reports

Apple in early settlement talks with US DOJ over antitrust case, Bloomberg News reports

Apple in early settlement talks with US DOJ over antitrust case, Bloomberg News reports - International - 1 min read Apple in early settlement talks with US DOJ over antitrust case, Bloomberg News reports APPLE-DOJ-Apple in early settlement talks with US DOJ over antitrust case, Bloomberg News reports - Apple and the U.S. Department of Justice are in early discussions about settling a 2024 lawsuit that alleges the iPhone maker violated antitrust laws, Bloomberg News reported on Friday, citing people with knowledge of the matter. Apple and the DOJ did not immediately respond to Reuters requests for comment. Reuters could not independently verify the report. The discussions are active, but there is no guarantee that the two sides will reach an agreement, the report said, adding that the iPhone maker has made multiple offers to the DOJ to bring the case to a close. The department and 15 states sued Apple in 2024 as the government cracks down on Big Tech, alleging the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices. In the lawsuit, the U.S. had accused Apple of making it harder for consumers to block competitors and cited five examples where Apple used mechanisms to suppress technologies that would have increased competition among smartphones: so-called super apps, cloud stream game apps, messaging apps, smartwatches and digital wallets. It could not be learned whether the state attorneys general were engaged in settlement talks, according to the report.

2. CCPA slaps Rs 1 lakh fine on SpiceJet for using 'dark patterns' on booking platform

CCPA slaps Rs 1 lakh fine on SpiceJet for using 'dark patterns' on booking platform

CCPA slaps Rs 1 lakh fine on SpiceJet for using 'dark patterns' on booking platform - Regulators - 2 min read CCPA slaps Rs 1 lakh fine on SpiceJet for using 'dark patterns' on booking platform An inquiry led by Chief Commissioner Nidhi Khare and Commissioner Anupam Mishra found that consumers were being enrolled into the SpiceClub Loyalty Programme automatically, through a checkbox that was pre-ticked by default. New Delhi, The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 1 lakh on SpiceJet Ltd for deploying deceptive design practices - commonly called dark patterns - on its flight booking platform, the authority said on Friday. An inquiry led by Chief Commissioner Nidhi Khare and Commissioner Anupam Mishra found that consumers were being enrolled into the SpiceClub Loyalty Programme automatically, through a checkbox that was pre-ticked by default. Customers were similarly deemed to have consented to receiving promotional messages, since the option to opt in was already selected without any action on their part. The CCPA noted that even after it issued a notice to the airline, SpiceJet merely swapped one pre-ticked checkbox for another - this time for promotional messages via SMS, WhatsApp and email - effectively continuing the same practice in a different form. SpiceJet's representatives told the authority during proceedings that the lapse was the result of a technical error. The company has since been directed to submit an undertaking confirming that corrective measures have been implemented and will remain in place permanently. The CCPA's order flagged three distinct dark patterns on SpiceJet's platform.

3. Fake bosses, real losses: Sebi warns of scammers posing as CEOs in rising boss scam

Fake bosses, real losses: Sebi warns of scammers posing as CEOs in rising boss scam Fake bosses, real losses: Sebi warns of scammers posing as CEOs in rising boss scam Sebi has warned companies about

Fake bosses, real losses: Sebi warns of scammers posing as CEOs in rising boss scam

Fake bosses, real losses: Sebi warns of scammers posing as CEOs in rising boss scam Fake bosses, real losses: Sebi warns of scammers posing as CEOs in rising boss scam Sebi has warned companies about a rising 'boss scam' in which fraudsters impersonate senior executives to trick employees into transferring funds, and urged firms to strengthen their security mechanisms and enhance vigilance. The Securities and Exchange Board of India (Sebi) on Friday issued a warning against a growing cyber fraud in which scammers impersonate Chief Executive Officers (CEO) and other senior company executives to trick employees into transferring money. The stock market regulator said the advisory was issued after receiving information from the Indian Cyber Crime Coordination Centre (I4C) about a rise in such incidents, commonly referred to as a "boss scam". According to Sebi, fraudsters are targeting finance executives and other employees through communication channels such as email, WhatsApp, Microsoft Teams and social media platforms while posing as CEOs or other senior officials of organisations, news agency Reuters reported. The scammers typically create a sense of urgency and instruct employees to transfer funds to bank accounts controlled by them. In many cases, the fraud is designed to appear as a legitimate request from top management, making it difficult for employees to identify the deception. Sebi also highlighted another variation of the scam in which fraudsters send malware-laden files to employees. Once opened, the malware can compromise devices or hijack WhatsApp Web sessions, enabling cybercriminals to gain access to internal communications.

4. Sebi introduces standing instructions for SWP, STP in mutual funds in demat holdings

Sebi introduces standing instructions for SWP, STP in mutual funds in demat holdings

Sebi introduces standing instructions for SWP, STP in mutual funds in demat holdings - Regulators - 2 min read Sebi introduces standing instructions for SWP, STP in mutual funds in demat holdings Sebi has allowed SWP and STP standing instructions for mutual fund units held in demat form, simplifying investing. The rollout will occur in two phases, with unit-based transactions by January 2027 and amount-based transactions by April 2027 through depositories. The market regulator, Sebi, on Friday eased mutual fund investing by allowing SWP and STP standing instructions for demat holdings to facilitate ease of doing business. According to a circular, mutual Fund investors can avail the facility of SWP by creating standing instructions with mutual fund or its RTA for periodic redemption of specified number of mutual fund units or amount. Also Read | AMFI simplifies mutual fund transmission process to make claim settlement easier for nominees The investors can now avail the facility of STP by creating standing instructions for transferring their investment in one scheme of mutual fund to another scheme of the same mutual fund, by way of redemption from one scheme and subscription to the other scheme of the same mutual fund. At present, the facility of creating such standing instructions for SWP / STP mandate is not available for the mutual fund units held in demat form. Sebi said that this move is taken post taking into account the representations received from the Depositories, recommendations of a Working Group setup by SEBI and recommendations of Secondary Market Advisory Committee of SEBI. In Phase - I, the facility shall be made available for “Unit-based SWP / STP” i.e. standing instructions based on a fixed number of units to be redeemed at a specified frequency for withdrawal or for purchasing units of…

5. NCLAT upholds insolvency proceedings against KKSPU India

NCLAT upholds insolvency proceedings against KKSPU India

NCLAT upholds insolvency proceedings against KKSPU India - Litigation - 2 min read NCLAT upholds insolvency proceedings against KKSPU India The appellate tribunal NCLAT upheld the earlier order of the Delhi bench of NCLT, which had on July 11, 2025, directed the initiation of insolvency proceedings after finding a default in repayment of financial debt. New Delhi, The National Company Law Appellate Tribunal (NCLAT) has given a go-ahead to the ongoing insolvency proceedings against KKSPUN India, a manufacturer and supplier of precast concrete solutions and telecom products. The appellate tribunal NCLAT upheld the earlier order of the Delhi bench of NCLT, which had on July 11, 2025, directed the initiation of insolvency proceedings after finding a default in repayment of financial debt. The National Company Law Tribunal (NCLT) order had come over a plea moved by Yes Bank, claiming a default of Rs 60.94 crore. Besides, SBI also claimed a default of Rs 190 crore. The NCLT order was challenged before the appellate tribunal NCLAT by Kavish Gupta, a director of the suspended board of KKSPUN India, by filing an appeal along with four other connected appeals. Gupta had contended that NCLT had closed its right to argue and the matter was reserved for orders on April 2, 2025, without effective hearing, even as a Scheme of Compromise and Arrangement under Sections 230-232 of the Companies Act, 2013 and One-Time Settlement (OTS) negotiations with a consortium of lenders were underway. It was contended that the banks suppressed material facts about the ongoing settlement talks while the foundational orders were passed.

1. Rahul and Ors. vs. The New India Assurance Company Limited and Ors. (16.07.2026 - SC)(MANU/SC/0710/2026)

The Supreme Court of India addressed whether the New India Assurance Company Limited could deny Rahul's claim for compassionate appointment due to his father's retirement after age 55, despite applyin

2. Basamma and Ors. vs. Goparappa and Ors. (16.07.2026 - SC)(MANU/SC/0709/2026)

The Supreme Court of India addressed the issue of whether the High Court erred in setting aside findings of the First Appellate Court without hearing the appellants, Basamma and others, in a partition

3. National Legal Services Authority vs. Union of India (UOI) and Ors. (16.07.2026 - SC)(MANU/SC/0708/2026)

The Supreme Court of India addressed the issue of continued incarceration of elderly and terminally ill prisoners, highlighting concerns over their fundamental rights under Articles 14 and 21 of the C

4. Bajaj Trading Company vs. Union of India (UOI) (16.07.2026 - SC)(MANU/SC/0707/2026)

The Supreme Court of India addressed the dispute between Bajaj Trading Company and the Union of India regarding a shortage of 1,742 bags of salt during transit by railway. The core issue was whether t

5. Deo Prasad and Ors. vs. State of Uttar Pradesh (15.07.2026 - SC)(MANU/SC/0706/2026)

The Supreme Court of India addressed the appeal by Deo Prasad and others against their conviction for murder under Sections 147, 148, and 302 read with 149 of the IPC. The core issue was whether the p

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