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CashKaro's FY25 revenue has jumped to ₹350 crore. The company's financial performance is a significant achievement, highlighting the growing demand for its services. The profit…
Holiday Tribe has landed a ₹25 crore funding round to boost its "AI-powered travel offerings." The funding is a significant boost for the company and signals a strong investor…
This summary decodes the legal intricacies and judicial rulings concerning interest payable on late GST refunds. The analysis covers the interpretation of relevant sections of the…
The ITAT has quashed a revision order, ruling that a "Section 14A disallowance is not applicable without exempt income." The tribunal's decision provides a significant victory for…
The Punjab and Haryana High Court has ruled that the ED "cannot freeze bank accounts without a Section 17 1 PMLA order," directing the ED to hold ₹45 crore pending adjudication.…
The Kupwara District Commission has held Bajaj Allianz liable, ruling that the "non-settlement of genuine insurance claims is an unfair trade practice." The commission's decision…
The Kerala High Court has ruled that "unfinalized income tax reassessment is not a ground to deny DTVsV scheme benefits." The court's decision provides a significant victory for…
The ITAT has directed an AO to delete an addition, ruling that "tax on cash deposits during demonetization" was already filed under other sources. The tribunal's decision provides…
The Chhattisgarh High Court has found no grounds to quash an FIR in a "₹2.25 lakh extortion case via a GPay QR code." The court's decision was based on a petition from the…
The Gujarat High Court has granted bail on surety to a person accused of "fraudulently availing ITC." The court's decision was based on a petition from the accused, who alleged…
Nazara's revenue and profit have doubled in Q1 FY26. The company's financial performance is a significant achievement, highlighting the growing demand for its services. The profit…
The NCLAT has greenlighted a CIRP revival, ruling that a "corporate debtor failed to comply with one-time settlement terms." The tribunal's decision provides a significant victory…
This summary decodes the legal intricacies and judicial rulings concerning interest payable on late GST refunds. The analysis covers the interpretation of relevant sections of the…
The Madras High Court has quashed a GST demand of ₹44 crore, ruling that "cash ledger deposits by a liquidator amount to a valid payment despite non-filing of GST returns." The…
The Madras High Court has ordered the restoration of GST registration for a taxpayer who failed to file returns due to "medical reasons," ruling that this is valid after the tax…
The CESTAT has ruled that "excess service tax paid can be adjusted beyond the immediate succeeding month or quarter," in a BSNL case. The tribunal's decision clarifies a…
TDK Ventures has led a $21 million funding round in Ultraviolette, powering the company's global ambitions. The funding is a significant boost for the company and signals a strong…
A consumer forum in Ghaziabad has ordered an insurance company to pay ₹2 lakh for a car theft that occurred 10 years ago. The forum, which comprised president Praveen Kumar Jain…
The Kupwara District Commission has held Bajaj Allianz liable, ruling that the "non-settlement of genuine insurance claims is an unfair trade practice." The commission's decision…
The Delhi High Court has upheld an "arbitral award in favor of Oyo in a lease dispute" with Lenskart. The court's decision provides a significant victory for the company. The…
Smartworks has reduced its losses by 82% in Q1 FY26, and its share has hit an all-time high. The company's financial performance is a significant achievement, highlighting the…
Electric bike startup Ultraviolette has raised $21 million in a funding round led by TDK Ventures. The funding is a significant boost for the company and signals a strong investor…
A consumer forum in Ghaziabad has ordered an insurance company to pay ₹2 lakh for a car theft that occurred 10 years ago. The forum, which comprised president Praveen Kumar Jain…
The Uttar Pradesh government has approved the "MSME Industrial Estate Management Policy, 2025," to promote industries through easy land allocation, better facilities, and…
The Gujarat High Court has addressed a "divorce under Muslim law," ruling that a "mubaarat is a valid form of divorce by mutual verbal consent." The court's decision clarifies a…
Finance Minister Nirmala Sitharaman has introduced the "Taxation Laws Amendment Bill, 2025," in the Lok Sabha, seeking changes to the Income Tax Act. The bill is aimed at…
Hospitality startup Elivaas has raised ₹87 crore to expand to Southeast Asia. The funding is a significant boost for the company and signals a strong investor interest 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…
Speciale Invest has closed its Fund III at ₹600 crore to back deeptech startups. The fund, which is aimed at providing early-stage funding to deeptech startups, is a significant…
Pronto is set to raise a $12 million funding round from General Catalyst and Glade Brook Capital. The funding is a significant boost for the company and signals a strong investor…
Hospitality startup Elivaas has raised ₹87 crore to expand to Southeast Asia. The funding is a significant boost for the company and signals a strong investor interest in the…
CashKaro's FY25 revenue has jumped to ₹350 crore. The company's financial performance is a significant achievement, highlighting the growing demand for its services. The profit…
The Orissa High Court has quashed a service tax demand on an ex-parte basis, ruling that the "non-consideration of contention is a denial of a hearing." The court's decision…
The Delhi High Court has upheld an "arbitral award in favor of Oyo in a lease dispute" with Lenskart. The court's decision provides a significant victory for the company. The…
Retail intelligence platform Fairdeal has raised a $3 million funding round to expand its operations. The funding is a significant boost for the company and signals a strong…
Atomic Capital has closed its maiden early-stage fund at ₹400 crore. The fund, which is aimed at providing early-stage funding to startups, is a significant boost for the Indian…
Speciale Invest has closed its Fund III at ₹600 crore to back deeptech startups. The fund, which is aimed at providing early-stage funding to deeptech startups, is a significant…
Spacetech startup Manastu has secured a $3 million funding round to launch its "propulsion system." The funding is a significant boost for the company and signals a strong…
AI entertainment startup Dashverse has secured a $1.3 million funding round from Peak XV Partners and others. The funding is a significant boost for the company and signals a…
Nazara's revenue and profit have doubled in Q1 FY26. The company's financial performance is a significant achievement, highlighting the growing demand for its services. The profit…
The Centre has cleared four new semiconductor projects worth ₹4,600 crore. The government's decision, which is aimed at boosting the domestic manufacturing of semiconductors, is a…
IndiQube's Q1 loss has narrowed by 12% YoY to ₹36.8 crore. The company's financial performance is a significant achievement, highlighting the growing demand for its services. The…
Paytm has received an "in-principle payment aggregator license from the RBI." The license is a significant boost for the company and signals a strong regulatory approval. The…
Unicommerce's Q1 profit has jumped 11% YoY to ₹3.9 crore. The company's financial performance is a significant achievement, highlighting the growing demand for its services. The…
TDK Ventures has led a $21 million funding round in Ultraviolette, powering the company's global ambitions. The funding is a significant boost for the company and signals a strong…
Zepto has secured a ₹400 crore investment from Motilal Oswal. The funding is a significant boost for the company and signals a strong investor interest in the quick-commerce…
Unicommerce's revenue has risen 67% in Q1 FY26, and its profit is up 9%. The company's financial performance is a significant achievement, highlighting the growing demand for its…
The Madhya Pradesh High Court has ruled that a wife cannot be denied maintenance merely on the ground that she is capable of earning. The court, in a significant ruling, clarified…
The CESTAT has ruled that "CENVAT credit can be availed on sugar cess paid on imported raw sugar." The tribunal's decision clarifies a contentious issue and is a significant…
The Delhi High Court has ruled that a "criminal complaint for tax evasion filed during the pendency of reassessment proceedings is not premature." The court's decision clarifies a…
CashKaro's FY25 revenue has jumped to ₹350 crore. The company's financial performance is a significant achievement, highlighting the growing demand for its services. The profit…
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