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Info Edge's Q1 profit surged by 32% YoY to ₹343 crore. This robust financial performance highlights the company's strong position in the digital services sector. The significant…
Infibeam is set to sell its e-commerce unit to its subsidiary Rediff for ₹800 crore. This internal transaction is a significant strategic move, aimed at streamlining Infibeam's…
The Supreme Court has admitted appeals against an NCLAT order in the "Google Play Store abuse of dominance case." The court's decision highlights the importance of the case. The…
The Madras High Court has ruled that the "ADGCEI lacks authority to issue an SCN in a customs case without clear territorial jurisdiction." The court’s decision provides…
The Supreme Court has admitted Google's appeal against an NCLAT order in the "abuse of dominance case." The court's decision highlights the importance of the case. The ruling…
Infibeam is set to sell its e-commerce unit to its subsidiary Rediff for ₹800 crore. This internal transaction is a significant strategic move, aimed at streamlining Infibeam's…
An NRI has been duped of ₹24.5 lakh in a "share market investment fraud" in Ludhiana. The incident highlights the vulnerabilities in the digital investment ecosystem and the need…
Sunil Mittal's promoter entity has increased its stake in Bharti Airtel. This move is a significant development and signals a strong vote of confidence in the company. The…
The Meghalaya High Court has ruled that the "issue of disaffiliation of state golf associations by the Indian Golf Union is amenable to arbitration." The court's decision provides…
The CESTAT has provided relief to Suzuki, ruling that "excess transit insurance charges collected" should be excluded from the assessable value and are not liable for excise duty.…
The NCLT has ruled that it "cannot suo moto restore the name of a struck-off company under the Companies Act." The court’s decision clarifies the scope of the NCLT's powers. The…
The CCI has approved the Bharat Forge-AAM India deal after a "rare Phase II probe." The approval is a significant development and signals that the deal has met all the regulatory…
Farmers in Rajasthan are demanding a "suspension of crop insurance premium deductions" due to adverse weather conditions. The demand highlights the challenges faced by the…
SBI's net profit at ₹19,160 crore has beaten street estimates. The company's financial performance is a significant achievement and signals a strong performance in the banking…
DLF is set to invest ₹23,500 crore to complete its ongoing residential projects in Delhi-NCR and Mumbai. This is a significant development for the real estate giant and signals…
Reliance Retail has formally written off its ₹1,645 crore investment in Dunzo. This move by the company is a significant development and signals a major shift in Reliance's…
Vodafone Idea faces a "₹21.39 crore GST demand" for alleged short payment under the Reverse Charge Mechanism RCM . The company has been accused of underpaying tax on services…
Swiggy's valuation has driven gains for SoftBank Vision Fund 2 in Q1. This is a significant development and highlights the immense value of Swiggy. SoftBank's investment in Swiggy…
Info Edge's Q1 profit surged by 32% YoY to ₹343 crore. This robust financial performance highlights the company's strong position in the digital services sector. The significant…
Infibeam's Q1 FY26 profit has declined by 16% to ₹58 crore. The company's financial performance highlights the challenges of profitability. This dip in profit, despite a high…
Infibeam is set to transfer its e-commerce platform to its subsidiary Rediff for ₹800 crore. This move, announced by the company, is a significant strategic decision to…
Wellington Management has offloaded BlackBuck shares worth ₹54 crore. This move by the major investor indicates a strategic adjustment in its portfolio. The sale could be a result…
Swiggy could see a $289 million inflow on its potential inclusion in the MSCI India Index. This is a significant development for the food delivery giant, as inclusion in a major…
Infibeam's Q1 FY26 revenue stood at ₹1,280 crore, but its profit declined by 16%. This mixed financial performance highlights the company's challenges in maintaining profitability…
Info Edge has posted a revenue of ₹791 crore in Q1 FY26, with its profit surging by 32%. This robust financial performance highlights the company's strong position in the digital…
China's Antfin has divested over $1.3 billion from Eternal in the past year. This move signals a significant strategic shift for Antfin, a major investor in the Indian startup…
Wellington Management has sold BlackBuck shares worth ₹54 crore. This move by the company is a significant development and signals a strategic shift in its investment portfolio.…
A Delhi court has rejected Christian Michel's plea for release in the AgustaWestland scam, ruling that there is sufficient evidence against him. The court's decision highlights…
The Supreme Court has admitted appeals against an NCLAT order in the "Google Play Store abuse of dominance case." The court's decision highlights the importance of the case. The…
The ED has moved the Supreme Court against a Delhi High Court direction to "defer a hearing in PMLA cases against Karti Chidambaram." The move highlights the ongoing legal battle…
The Bombay High Court has ruled that "remarks on a wife's cooking and clothing do not constitute cruelty under Section 498A." The court’s decision clarifies the legal definition…
The Supreme Court has delivered a split verdict on the "time limit for assessments under Section 144C of the Income Tax Act." The split verdict highlights the complexity of the…
The Bombay High Court has ruled that "serving an order on a Chartered Accountant does not count as a service on the assessee." The court’s decision provides much-needed clarity on…
The NCLAT has ruled that an "order passed by the NCLT President on a transfer application is a judicial order and is appealable." The tribunal’s decision provides much-needed…
The NCLT, Chennai, has ruled that "claims of multiple operational creditors arising from different work orders can't be clubbed into a single debt to cross the threshold limit."…
The NCLAT has refused to expunge adverse remarks against suspended directors, stating it is "hard to believe investors of ₹5.5 crore were unaware of CIRP or liquidation." The…
The Meghalaya High Court has ruled that the "issue of disaffiliation of state golf associations by the Indian Golf Union is amenable to arbitration." The court's decision provides…
The Calcutta High Court has ruled that a "cause of action arises from a clear refusal to perform contractual obligations, not mere non-performance." The court’s decision provides…
The Centre has notified an income tax exemption for the "Uttarakhand Pollution Control Board" from AY 2025-26 onwards. This move signifies the government's recognition of the…
The Finance Ministry has appointed Solomon A. to the International Financial Service Centres Authority IFSCA . This move signifies the government's commitment to strengthening the…
The Delhi CGST has arrested an individual accused of "orchestrating a ₹163 crore GST evasion" using manpower and management companies. The investigation revealed that the accused…
Bosch faces a "₹140.86 crore customs demand" over the reclassification of oxygen sensors. The tax authorities have alleged that the company has misclassified the sensors to pay a…
The RBI has issued directions for "co-lending arrangements between banks and NBFCs" to streamline joint lending practices. The new guidelines are aimed at ensuring that these…
The CESTAT has ruled that "no service tax is payable on reimbursable expenses incurred for CISF security services," providing relief to Indian Oil. The tribunal found that these…
The CESTAT has provided relief to Suzuki, ruling that "excess transit insurance charges collected" should be excluded from the assessable value and are not liable for excise duty.…
The RBI has issued comprehensive directions for "non-fund-based credit facilities" to streamline practices and enhance risk management in the banking sector. These guidelines aim…
SEBI has introduced a "joint annual inspection framework" to enhance the ease of doing business for market intermediaries. The new framework aims to reduce the compliance burden…
The RBI has allowed "AD banks to open Rupee Vostro Accounts without prior approval." This move is a significant step towards facilitating international trade in Indian Rupees. The…
The Himachal Pradesh High Court has ruled that the "extinguishment of debt under IBC would not ipso facto apply to the extinguishment of criminal proceedings under the NI Act."…
The Delhi High Court has ruled that a "notice sent invoking an arbitration agreement under Section 21 of the Arbitration Act is a valid invocation." The court’s decision provides…
Info Edge's Q1 profit surged by 32% YoY to ₹343 crore. This robust financial performance highlights the company's strong position in the digital services sector. The significant…
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