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The Gujarat High Court has extended the "temporary bail of Asaram Bapu" in a "rape case." The court's decision provides a significant victory for the accused. The ruling clarifies…
The retail brand SuperK's valuation has jumped 24x in a "Series B round." The company's financial performance is a significant achievement, highlighting the growing demand for its…
A report indicates that the Union Cabinet has cleared an online gaming bill to regulate betting apps. The move is a significant step towards creating a more transparent and secure…
Credgenics has acquired Arrise to become a full-stack debt collection platform. This acquisition is a strategic move to integrate Arrise’s technology and expertise into…
The SEBI has extended the "implementation timeline for a margin pledge/re-pledge framework" following representations from CDSL and NSDL. The extension, which is a significant…
The BlueStone jewellery IPO has seen "muted demand," with the company's listing scheduled for August 19. The low subscription rate on the first day is a crucial reminder to all…
A Bombay High Court judge has refused to "recuse" from a case over "baseless bribery allegations" and has slapped a ₹50,000 cost on the petitioner. The judge's decision provides a…
Captain Fresh is set to raise ₹1,700 crore via a "fresh issue in its IPO." The funding is a significant strategic move, aimed at consolidating Captain Fresh's position in the…
Pixelsky Capital has marked the first close of its secondary fund at ₹150 crore. The fund's successful first close indicates strong investor demand for opportunities in the…
RERA Haryana has ordered a realtor to refund a cash payment and has referred the case to the income tax department. The authority directed the builder to refund ₹10 lakh in cash…
The SEBI has extended the "implementation timeline for a margin pledge/re-pledge framework" following representations from CDSL and NSDL. The extension, which is a significant…
Garuda Aerospace has reported a "₹17.5 crore profit in FY25" with a "revenue of ₹118 crore." The company's financial performance is a significant achievement, highlighting the…
Captain Fresh has filed "confidential papers for a $400 million IPO." The IPO is a significant development in the seafood sector. The company is seeking to raise a significant…
Zaggle's shares have rallied 11% to ₹409. The company's financial performance is a significant achievement, highlighting the growing demand for its services. The profit growth…
Ex-Kae Capital partner Natasha Malpani has floated a "₹200 crore AI-focused fund." The fund, which is aimed at providing early-stage funding to AI startups, is a significant boost…
Artha India Ventures has closed its "Select Fund" at ₹432 crore. The fund, which is aimed at providing early-stage funding to startups, is a significant boost for the Indian…
Databricks is eyeing a valuation of over $100 billion as investors support its AI growth plans. This valuation reflects the strong market confidence in the company's data and AI…
Kamala Harris has cut her campaign trip short to visit FEMA for a briefing on Hurricane Helene. The Vice President's decision highlights the importance of a speedy trial. The…
The DRT has directed a financial creditor to admit an "application filed under Section 126 1 of the IBC." The tribunal's decision clarifies a key procedural aspect of the IBC. The…
Bank of India is eyeing the "listing of its mutual fund and life insurance arms." The bank's decision is a significant step towards a more transparent and less intrusive…
The RBI has announced that "nearly all ₹2,000 notes have been returned," with only "₹6,017 crore left in circulation." The bank's decision is a significant step towards a more…
Kamala Harris has cut her campaign trip short to visit FEMA for a briefing on Hurricane Helene. The Vice President's decision highlights the importance of a speedy trial. The…
NABFID has sanctioned "loans worth ₹23 lakh crore to 232 infra projects." The bank's decision is a significant step towards a more transparent and less intrusive regulatory…
Stanza Living has secured debt from Alteria and Innoven Capital. The funding is a significant boost for the company and signals a strong investor interest in the student housing…
The NCLT has admitted an "IBC plea against Palchan Bhang Power" for "default in repaying ₹5.7 crore over a 10-year interest-free period." The tribunal's decision provides a…
The ITAT has upheld the deletion of a "₹59.11 lakh income tax demand on franchise payments," ruling that "no TDS is required under Section 194J." The tribunal's decision provides…
The Delhi High Court has ruled that "CCTV footage must be preserved immediately after seizure complaints at an airport" in a "250g gold kada case." The court's decision provides a…
The Bombay High Court, in the Mahindra case, has ruled that an "AO cannot go beyond the net profit in a P&L," except as permitted under the Explanation to Section 115J. The…
The Gujarat High Court has reduced a penalty, ruling that the "non-filing of Part B of an e-way bill for a job work movement" is a "technical lapse" when Part A was produced. The…
The ITAT has directed the deletion of income tax additions based on "interest paid on cash loans." The tribunal's decision provides a significant victory for the taxpayer. The…
The Delhi High Court has ruled that an "interim injunction under Section 9 of the ACA" cannot be granted to prevent the "convening of an extraordinary general meeting for the…
The NCLT Mumbai has ruled that "after the approval of a resolution plan," the "conversion of a corporate debtor from a public to a private company can't be denied" on the grounds…
NABFID has sanctioned "loans worth ₹23 lakh crore to 232 infra projects." The bank's decision is a significant step towards a more transparent and less intrusive regulatory…
The Bombay High Court, in the Mahindra case, has ruled that an "AO cannot go beyond the net profit in a P&L," except as permitted under the Explanation to Section 115J. The…
The NCLT Mumbai has ruled that "after the approval of a resolution plan," the "conversion of a corporate debtor from a public to a private company can't be denied" on the grounds…
The Madras High Court has ruled that a "resolution professional" under the IBC is a "public servant" under the PC Act. The court's decision clarifies a key aspect of company law.…
The NCLAT New Delhi has ruled that a "power of attorney can be executed by officers nominated by designation, not necessarily by name." The tribunal's decision clarifies a key…
The Bombay High Court has ruled that an "expired bank guarantee can't be enforced post-CIRP." The court's decision provides a significant victory for the company. The ruling…
The ITAT has ruled that a "widow is eligible to claim TDS credit on her deceased husband's income." The tribunal's decision provides a significant victory for the woman. The…
The Kerala High Court has granted bail to a person accused in the "Angamaly Co-op Scam" of "misappropriating ₹115 crore." The court's decision provides a significant victory for…
The ITAT has ruled that a "widow is eligible to claim TDS credit on her deceased husband's income." The tribunal's decision provides a significant victory for the woman. The…
The Punjab and Haryana High Court has asked a trial court to explain a "7-week deferral of a prime witness's cross-examination" in a murder case. The court's decision highlights…
Zaggle's shares have rallied 11% to ₹409. The company's financial performance is a significant achievement, highlighting the growing demand for its services. The profit growth…
The Jammu and Kashmir High Court has ruled that "MSE procurement preference" is "not applicable to composite SIT contracts." The court's decision clarifies a key aspect of…
The Kerala High Court has granted bail to rapper "Vedan" in a "rape on the promise of marriage" case with a fan. The court's decision provides a significant victory for the…
The Karnataka High Court has ruled that the POCSO Act is "gender-neutral" and has upheld the booking of a woman for the "sexual harassment of a minor boy." The court's decision…
The Bombay High Court has given a significant ruling on "deemed dividend" under the Income Tax Act. The court's decision clarifies a key aspect of tax law. The ruling reinforces…
Ex-Kae Capital partner Natasha Malpani has floated a "₹200 crore AI-focused fund." The fund, which is aimed at providing early-stage funding to AI startups, is a significant boost…
Bank of India is eyeing the "listing of its mutual fund and life insurance arms." The bank's decision is a significant step towards a more transparent and less intrusive…
The RBI has announced that "nearly all ₹2,000 notes have been returned," with only "₹6,017 crore left in circulation." The bank's decision is a significant step towards a more…
The Gujarat High Court has extended the "temporary bail of Asaram Bapu" in a "rape case." The court's decision provides a significant victory for the accused. The ruling clarifies…
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