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JSW Cement has raised ₹1,080 crore from anchor investors ahead of its IPO. The successful fundraising from anchor investors signals strong market confidence in the company. The…
Antfin is reportedly planning a ₹3,800 crore block deal to exit Paytm. This planned exit is a significant development for both companies and signals a major shift in Paytm's…
SuperGaming has mopped up $15 million at a $100 million valuation. The funding is a major milestone for the gaming studio and signals a strong investor interest in the Indian…
The Punjab and Haryana High Court has granted bail on certain conditions to an accused in a case involving a ₹7 crore transaction by misusing another person's PAN card. The…
The Madras High Court has quashed a DGGI notice that sought to impose 18% GST on "Nizam Pakku," a betel nut product, instead of the 5% that the manufacturer was paying. The court…
The Madhya Pradesh High Court has directed a District Magistrate DM to re-execute a dispossession order under Section 14 of the SARFAESI Act, citing the illegal re-entry of a…
The Finance Ministry has revealed a significant crackdown on tax evasion, with over 91,000 GST evasion cases and 44,000 Input Tax Credit ITC fraud cases detected over the last…
The GST on LIC premiums remains under active consideration, with the Group of Ministers GoM tasked with the review seeking more time to finalize its recommendations. This was…
Zype has raised ₹90 crore in a mix of equity and debt. The funding is a significant boost for the fintech company and signals a strong investor interest in the Indian fintech…
Antfin is set to exit Eternal by selling shares worth ₹5,375 crore, following its exit from Paytm. The move is a significant development and signals a strategic shift in Antfin's…
SuperGaming has raised $15 million, led by Skycatcher and Steadview. The funding is a major boost for the gaming studio and signals a strong investor interest in the Indian gaming…
The GST Council may consider granting an amnesty to small vendors who have been flagged for non-compliance based on their UPI transaction data. According to a tax commissioner,…
The government has approved the appointment of 53 Judicial Members to the Goods and Services Tax Appellate Tribunal GSTAT . This is a significant step towards making the GSTAT…
JSW Cement has raised ₹1,080 crore from anchor investors ahead of its IPO. The successful fundraising from anchor investors signals strong market confidence in the company. The…
The MCA is planning to ease the compliance burden for MSMEs in response to the Trump trade tariffs. The move is aimed at helping small and medium-sized enterprises to navigate the…
Ola Electric's stake in Z47 has fallen below 2% after a recent partial exit. This development is a significant one and signals a strategic shift in Ola Electric's investment…
BlueStone has reduced its IPO size to ₹820 crore, cutting its Offer for Sale OFS by 42%. This move by the company signals a strategic decision to adjust to market conditions and…
The Chhattisgarh High Court has ruled that a company is not eligible for Input Tax Credit ITC on electricity consumed for "township maintenance" prior to July 5, 2022. The court's…
A salaried taxpayer has won a ₹1.46 lakh income tax penalty case, despite misreporting his income. The ITAT ruled in his favor, recognizing that he had promptly paid the owed tax…
SuperGaming has raised $15 million, led by Skycatcher and Steadview. The funding is a major boost for the gaming studio and signals a strong investor interest in the Indian gaming…
BlueStone has reduced its IPO size to ₹820 crore, cutting its Offer for Sale OFS by 42%. This move by the company signals a strategic decision to adjust to market conditions and…
SuperGaming has mopped up $15 million at a $100 million valuation. The funding is a major milestone for the gaming studio and signals a strong investor interest in the Indian…
Hylenr, a green-tech startup, has netted $3 million to offer "low-carbon heat generation solutions." The funding is a significant boost for the company and highlights the growing…
Lead School has trimmed its net loss by 70% to ₹43 crore in FY25. The company's financial performance is a major achievement, especially in the competitive ed-tech sector. The…
The Madras High Court has quashed a DGGI notice that sought to impose 18% GST on "Nizam Pakku," a betel nut product, instead of the 5% that the manufacturer was paying. The court…
The RBI has revised its co-lending norms, mandating a 10% loan retention and a loss guarantee for partner lenders. The revised norms are aimed at ensuring greater accountability…
Antfin is reportedly planning a ₹3,800 crore block deal to exit Paytm. This planned exit is a significant development for both companies and signals a major shift in Paytm's…
The Income Tax department has pulled up taxpayers for not disclosing their cryptocurrency transactions. This action highlights the increasing scrutiny of crypto assets by tax…
CodeKarma, a startup founded by former Amazon executives, has bagged $2.5 million. The funding is a significant boost for the startup and signals a strong investor interest in the…
DPDZero, a debt collection startup, has netted $7 million from GMO Venture Partners and others. The funding is a significant boost for the fintech company and highlights the…
Cautio, a visual telematics startup, has closed its seed funding round at $3 million. The investment is a significant boost for the startup and signals strong investor interest in…
The Sleep Company has secured ₹480 crore in funding from ChrysCapital and 360 One Asset. This significant investment is a major boost for the D2C Direct-to-Consumer brand and…
The Supreme Court has rejected a wife's alimony demand of ₹12 crore and a BMW, ruling that a "LinkedIn profile is not reliable income proof." The court's decision highlights the…
The Kerala High Court has ruled that the RTI Act applies to Cochin International Airport. The court's decision is a significant victory for transparency and public accountability.…
The Delhi High Court has granted relief to a traveler, ruling that Customs "wrongly treated 99.8% purity gold jewellery as prohibited goods under baggage rules." The court's…
The Punjab and Haryana High Court has ruled that a "failure to notify a commissioner of a partner's retirement makes a former partner liable for a firm's GST." The court’s…
The Delhi High Court has ruled that a "trader cannot be labeled a defaulter over an unpaid demand during the pendency of a GST appeal and pre-deposit." The court's decision…
The Kerala High Court has ruled that there is no KVAT on a "hoarding display" where the right to use is not transferred. The court’s decision provides much-needed clarity on the…
The Gauhati High Court has reiterated that "merely attaching a tax determination statement to a DRC-01 summary cannot be treated as a valid SCN." The court's decision reinforces a…
The Bombay High Court has ruled that Sections 194C and 194LA of the Income Tax Act would not apply when "TDR certificates are issued in lieu of compensation." The court's decision…
Antfin is set to exit Eternal by selling shares worth ₹5,375 crore, following its exit from Paytm. The move is a significant development and signals a strategic shift in Antfin's…
The NCLT, Allahabad, has ruled that the "impleadment of GST authorities is not permissible in Section 9 of the IBC proceedings merely due to allegations of bogus invoices." The…
The NCLT, New Delhi, has ruled that the power to restore the name of a struck-off company cannot be exercised suo motu. The tribunal’s decision clarifies a key procedural aspect…
The Supreme Court has ruled that the IBC moratorium does not bar the "voluntary surrender of a corporate debtor's leased property to the lessor." The court's decision provides a…
The NCLT, New Delhi, has ruled that a "set-off of transactions executed prior to the commencement of CIRP based on an arbitral award is permissible during CIRP." The tribunal's…
The NCLT, New Delhi, has ruled that a Resolution Professional RP can seek the defreezing and take custody of fixed deposit receipts FDRs , as they form part of a corporate…
The Supreme Court has ruled that the "mere pendency of criminal cases alleging simple fraud is no bar to arbitration." The court’s decision provides much-needed clarity on the…
The Gujarat High Court has allowed a refund of Compensation Cess claimed on unutilized ITC on captive power inputs used for SEZ/Export supplies. The court’s decision provides…
BlueStone's losses surged by 56% in FY25, and its online sales make up just 7% of its total revenue. The company's financial performance highlights the challenges and…
The Delhi High Court has granted bail to an accused in a "GST fraud committed using the ID of a CA," after eight months of custody. The court's decision was based on the fact that…
JSW Cement has raised ₹1,080 crore from anchor investors ahead of its IPO. The successful fundraising from anchor investors signals strong market confidence in the company. The…
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