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Court of Appeal

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Last Updated: Just Now
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Global Markets & Equities 07 Oct 2026, 10:39 PM IST

UK Appeal Court Quashes Rate-Rigging Convictions in Blow to SFO

Britain’s Court of Appeal has quashed the convictions of five former bankers jailed over benchmark rate-rigging, dealing a major setback to the Serious Fraud Office and reopening one of the City of London’s most consequential post-crisis prosecutions. The ruling intensifies scrutiny of how prosecutors handled the long-running Libor cases and raises fresh questions over the durability of earlier convictions tied to the financial scandal.

By RDU Global Wire4 min read
Banking, Fintech & Insurance16 Oct 2026, 10:30 AM IST

Supreme Court Upholds Bombay HC Order Quashing YES Bank’s Rs 8,415 Crore AT1 Bond Write-Off

The Supreme Court has upheld the Bombay High Court’s ruling that invalidated YES Bank’s write-off of Rs 8,415 crore in additional tier-1, or AT1, bonds, a move that had been part of the lender’s March 2020 reconstruction plan. The decision strengthens the position of institutional and retail bondholders, who now have a clearer legal route to seek recovery after years of uncertainty over the controversial wipeout.

5 min readRead →
Banking, Fintech & Insurance16 Oct 2026, 03:40 AM IST

Supreme Court Upholds Bombay HC Order Quashing YES Bank’s Rs 8,415 Crore AT1 Bond Write-Off

The Supreme Court has upheld the Bombay High Court’s ruling that invalidated YES Bank’s write-off of Rs 8,415 crore in additional tier-1 bonds, a key element of the lender’s March 2020 rescue plan. The decision strengthens the position of institutional and retail bondholders seeking recovery and deepens scrutiny of how bank resolution measures were executed during the crisis.

5 min readRead →
Automotive, EVs & Mobility16 Oct 2026, 03:19 AM IST

Nexedge Capital names ex-Avendus Wealth chief Apurva Sahijwani co-founder to accelerate expansion

Nexedge Capital has appointed Apurva Sahijwani, formerly of Avendus Wealth Management, as co-founder in a move aimed at strengthening its leadership bench and deepening its reach in India’s wealth management market. The firm, which operates across 11 cities and advises more than 1,300 ultra-high-net-worth individuals and families, is positioning the hire as a strategic step in its next phase of growth.

5 min readRead →
Banking, Fintech & Insurance15 Oct 2026, 09:30 PM IST

Supreme Court Upholds Bombay HC Order Quashing YES Bank’s Rs 8,415 Crore AT1 Bond Write-Off

The Supreme Court has upheld the Bombay High Court’s ruling that invalidated YES Bank’s write-off of Rs 8,415 crore in additional tier-1 bonds, a move that had been part of the lender’s March 2020 rescue plan. The decision strengthens the position of institutional and retail bondholders, who had challenged the loss of their investments, and could reshape how stressed-bank resolutions handle hybrid capital instruments in India.

5 min readRead →
India Entertainment & Culture15 Oct 2026, 09:10 PM IST

Vintage Kolu Dolls Gain Collector Appeal as Navratri Heirlooms Rise in Value

Traditional kolu dolls, long central to Navratri displays in South Indian homes, are increasingly being viewed as collectible cultural assets rather than seasonal decorations. In Chennai and other heritage-minded households, families and private collectors are preserving antique figurines, with rare Mysore Gowri bommai and finely crafted religious sets drawing rising interest and higher prices each year.

5 min readRead →
World Politics & Diplomacy15 Oct 2026, 07:48 PM IST

U.S. Judge Blocks Trump-Era Sanctions on Groups Assisting the I.C.C.

A federal judge in Washington has blocked the Trump administration’s sanctions against two rights organizations that support the International Criminal Court, delivering a significant legal setback to a policy aimed at punishing cooperation with the tribunal. The ruling underscores the continuing clash between U.S. executive power and international accountability efforts tied to alleged war crimes in Gaza and beyond.

5 min readRead →

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