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The Madras High Court directed an audit of fees paid to law officers representing the State, noting lack of transparency and disproportionate expenditure of public funds. The…
Donations above ₹20,000 to Left political parties reportedly surged significantly in FY25. The article analyses political funding disclosures, transparency requirements under…
The Union Environment Minister clarified that no relaxation would be granted on the ban on mining activities in the Aravalli region near Delhi despite mounting pressure from…
Pet food startup Heads Up For Tails is reportedly in discussions to raise $25 Mn in a Series B round led by an apparel group. The funding aims to support product expansion,…
Aerospace and defence technology firm Coreel Technologies has secured $30 Mn in Series B funding to expand manufacturing capabilities and strengthen R&D. The investment aligns…
Spice brand Zoff crossed the ₹100 crore revenue mark in FY25 but reported losses due to increased marketing spends and expansion costs. While topline growth reflects rising demand…
Healthtech platform MediBuddy reported revenue of ₹725 crore in FY25 while reducing its losses by 37%, reflecting improved unit economics and operational discipline. Growth was…
Fintech startup PowerUp Money has raised $12 Mn in a Series A round led by Peak XV to expand its wealth and financial planning offerings. The capital will be deployed toward…
A CBI court sentenced a DRDA Chief Finance and Accounts Officer for involvement in the SGRY scam causing ₹1 crore loss to the exchequer. The article highlights delayed justice,…
Defence technology firm Tonbo Imaging has filed its Draft Red Herring Prospectus for an offer-for-sale-only IPO, enabling existing shareholders to partially exit their holdings.…
Furniture and appliance rental platform Rentomojo reported ₹266 crore in revenue for FY25, with profits surging by 92%. Improved asset utilisation, subscription growth, and…
Heading: The ED initiated investigation on the basis of an FIR registered by the ACB/EOW, Raipur, Chhattisgarh under various provisions of the Indian Penal Code, 1860 and the…
Headnote: The Directorate of Enforcement, Lucknow Zonal Office, has filed a Prosecution Complaint under the Prevention of Money Laundering Act, 2002, seeking confiscation of…
Headnote: The Directorate of Enforcement, Jalandhar Zonal Office, secured the conviction of Athar Sayeed under the Prevention of Money Laundering Act, 2002 PMLA for offences…
Headnote: The Directorate of Enforcement, Hyderabad Zonal Office, has filed a Prosecution Complaint under the Prevention of Money Laundering Act, 2002 PMLA against M/s Sun Pariwar…
Headnote: The Delhi High Court dismissed an appeal against an interim injunction restraining the appellants from using the marks “HP+” and “HP®+”, holding that such use amounted…
Headnote: The Supreme Court held that mutation of land records can be carried out on the basis of a will and that there is no statutory bar under the Madhya Pradesh Land Revenue…
An algorithmic error in the income tax system reportedly misclassified capital gains from unlisted shares as business income. The article discusses automation risks in tax…
This explainer breaks down key FAQs on Section 80G deductions, covering eligible donations, deduction limits, verification requirements, and ITR filing implications. The article…
A petition was filed before the Supreme Court challenging the Prime Minister’s ceremonial offering of a chadar at Ajmer Sharif Dargah, alleging violation of constitutional…
Addressing a public gathering in Assam, Prime Minister Modi attributed farmers’ hardships to alleged policy indifference by the Congress. The article examines political…
An Air India Boeing 777 operating a Mumbai-bound flight returned to Delhi after developing a right-engine technical issue. The article discusses aviation safety protocols,…
Severe fog and smog conditions caused Delhi’s air quality to deteriorate sharply, with weather alerts issued across northern states. The article contextualises the recurring air…
The High Court transferred the investigation into a girl’s death in Jammu to the CBI, citing lack of serious effort by the local police. The article underscores judicial oversight…
The Viksit Bharat–Gram Bill received Presidential assent, marking a significant legislative development aimed at rural and grassroots governance reforms. The article analyses the…
The article reports the passing of advocate ML Sharma, known for his role as a petitioner in the coal block allocation cases and as counsel in the Nirbhaya case. It outlines his…
Headnote: The Supreme Court quashed criminal proceedings under Section 498A of the IPC and Sections 3 and 4 of the Dowry Prohibition Act, holding that vague, omnibus and general…
India suspended visa services in Chittagong following escalating violence in Bangladesh. The report examines diplomatic responses to regional instability, consular safety…
The Bombay High Court held that pairing and testing of smart cards for set-top boxes qualifies as job work, thereby allowing service tax credit. The Court analysed the nature of…
The Gujarat High Court stressed strict compliance with fire safety norms during inspections of educational institutions. The Court observed that safety standards cannot be diluted…
The Delhi High Court refused to stay the encashment of a USD 1.053 billion bank guarantee in a dispute arising from a Mozambique coal mine project. The Court reaffirmed the…
The Delhi High Court expressed serious concern over the misuse and misapplication of victim compensation schemes in cases involving sexual offences. The Court observed that…
The Madras High Court criticised the Tamil Nadu government for paying exorbitant professional fees to certain law officers and senior counsel. The Court termed the expenditure…
An Air India Delhi-Mumbai flight returned mid-air after engine oil pressure dropped to zero. The article discusses aviation safety protocols, emergency response standards, and…
The Delhi High Court upheld Canara Bank’s classification of an account as NPA under RBI IRACP norms after a 90-day irregularity period. The ruling reinforces banks’ statutory…
The Shanti Bill received Presidential assent, opening India’s civil nuclear sector to private participation. The article analyses legal reforms, investment opportunities, and…
A former Foreign Secretary criticised US-EU diplomatic messaging on developments in Bangladesh, calling it diplomatically inappropriate. The article explores international…
The Income Tax Appellate Tribunal deleted a ₹28.78 crore interest disallowance under Section 14A, holding that when sufficient interest-free funds are available, a presumption…
Headnote: The Supreme Court set aside a Division Bench judgment of the Rajasthan High Court and restored the order of the Single Judge quashing the creation of Revenue Villages…
The Ministry of Corporate Affairs imposed the maximum statutory penalty on a private company and its directors for failure to properly appoint an internal auditor. The article…
The MCA penalised a private company and its director for improper appointment of a non-resident managing director without adhering to statutory and FEMA requirements. The article…
The Allahabad High Court criticised the State Government for engaging in avoidable and repetitive litigation, burdening courts and wasting public resources. The Court observed…
Headnote: The Supreme Court set aside orders of the Allahabad High Court which, while declining to quash FIRs, granted protection from arrest and directed time-bound completion of…
The ITAT ruled that warranty provisions based on scientific and historical data are not contingent liabilities and are allowable deductions. The article explains accounting-tax…
The article examines UPI market share movements in November, noting PhonePe’s continued gains while Google Pay witnessed a marginal decline. It discusses transaction volumes, user…
Rentomojo reported strong financial performance in FY25 with revenues touching ₹266 crore and profits rising by 92%, reflecting improved unit economics and operational discipline.…
This comprehensive tracker analyses the FY25 financial performance of Indian startups across sectors, focusing on revenue growth, burn rates, profitability trends, and valuation…
Urban Company received a ₹56 crore GST demand and penalty notice, raising concerns over tax classification and compliance practices in platform-based service models. The article…
Easebuzz is reportedly in advanced discussions to raise approximately $30 million at a valuation exceeding $250 million. The article outlines the fintech firm’s growth trajectory,…
Senior advocate Yatin Oza was elected President of the Gujarat High Court Advocates’ Association. The article highlights the significance of bar leadership in safeguarding…
The Madras High Court directed an audit of fees paid to law officers representing the State, noting lack of transparency and disproportionate expenditure of public funds. The…
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