Tesla Inc increase prices for its Model S sedan across Europe National Anti-profiteering Authority says P&G and Gillette India are guilty of profiteering ViacomCBS Inc. sale out Simon & Schuster book publishing business to Bertelsmann SE for $2.17 billion Companies Act - Prior notice is required to disqualify a director u/s 164(2) of CA 2013: HC (See 'Legal Desk') SEBI ACT - Allotment of shares by company to person in lieu of genuine debt due to him is in compliance u/s 75(1) of CA 1956: SAT (See 'Legal Desk') Competition Act - Conduct of procurer of product to decide which product of which manufacturer meets its needs amounts to denial of market access under Competition Act, 2002 CCI (See 'Legal Desk') Competition Act - Informant must be aggrieved/interested party under Competition Act: CCI (See 'Legal Desk') Local products should be supported by University: PM (See 'Brief') Cabinet approves Rs 2480 cr FDI in ATC Telecom Infrastructure (See 'Brief') Independent Directors - responsibility, remuneration and liability (See 'Corp Einsicht') Cabinet Committee on Economic Affairs approves FDI worth Rs 2,480.92 crore in ATC Telecom Infrastructure by ATC Asia Pacific IBM plans to cut about 10,000 jobs in Europe Unacademy gets fresh funding from Tiger Global Management and US-based Dragoneer Investment Group of $2 billion Prevention of Money Laundering Act, 2002 is not one of the 'specified Acts' under the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance: HC (See 'Legal Desk') PMLA - Covid-19 casualty - Provisional Attachment Order ceases to have effect after 180 days - Adjudicating Authority becomes functus officio : HC (See 'Legal Desk') Arbitration and Conciliation Act- Meaning of contract must be gathered from parties' intent by adopting pedantic approach: HC (See 'Legal Desk') SEBI - Mutual Funds Regulations 39, 40 and 41 violate SEBI Act, 1992: HC (See 'Legal Desk') Indian Contract Act - Cancellation of contract of tender by keeping one of parties to contract in complete dark is violative of natural justice: SC (See 'Legal Desk') dgeVerve Systems bags contract from Mongolia-based XacBank which use Infosys Finacle's core banking and corporate banking solution to drive digital transformation Cashfree raise $35.3 million as part of its Series B funding round AirAsia India joint venture between AirAsia Berhad and Tata Sons reports 69.1% dip in its revenue for quarter ended September 2020 Testing of software used in or related to Trading and Risk Management (See 'Dashboard') Tomar inaugurates Mega Food Park in Punjab (See 'Brief') Securities Contracts (Regulations) Act - Penal provisions must follow principle of proportionality: SAT (See 'Legal Desk') Companies Act - Appellate Authority can grant interim relief that is also sought as relief in main pending company petition: NCLAT (See 'Legal Desk') Introduction of Unified Payments Interface (UPI) mechanism and Application (See 'Dashboard') RBI slaps penalty of Rs. 200 lakh on Sodexo SVC India for non-compliance of regulatory guidelines Western Union acquires 15% stake in digital payment unit of Saudi Arabia's STC Group for $200 million Byju's to raise $200 million fresh funding from BlackRock and T. Rowe Price SEBI - Withdrawal of trading would automatically extricate defaulting member from his obligation regarding annual charges and margin requirements towards exchange: SC (See 'Legal Desk') Code of Criminal Procedure - Bail illegally or erroneously granted under Section 167(2) Cr.PC can be cancelled under Section 439(2) Cr.P.C: SC (See 'Legal Desk')