In an unusual but pragmatic procedural direction, the bench granted liberty to the Income-Tax department to revive the writ petition if the Supreme Court eventually overturns the Hexaware decision.
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Storyboard11-12-2025, 17:32

Culver Max tax, SC gaming law delay, DTH revenue, Byju's mystery investor

  • Culver Max Entertainment is contesting a ₹289.91 crore income tax charge in the Bombay High Court for alleged understatement of taxable income.
  • Supreme Court has postponed the hearing for the Online Gaming Law challenge to January 21, 2026, indicating it will be heard by a three-judge Bench.
  • Crisil Ratings forecasts India's private DTH revenue decline will ease to 3–4% in FY26, driven by IPTV expansion and bundled services.
  • Madras High Court quashed contempt orders against Radio City in a music royalty dispute, ruling earlier directives were legally unsustainable.
  • An unidentified UAE-based woman investor has filled a crucial funding slot in Aakash's rights issue, previously expected to be taken by Byju Raveendran.

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