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IPO-bound Groww's shares jumped 18% after its Q1 results. This significant stock price surge indicates a very positive market reaction to the investment platform's first-quarter…
SpaceX is reportedly backing Elon Musk's xAI with $2 billion. This massive internal investment highlights Elon Musk's aggressive strategy to build a formidable AI empire. The…
Ola Electric's losses widened year-over-year, and sales declined sharply. This reiterates the significant financial difficulties faced by the electric vehicle company. The…
Nashik rural police arrested a cybercriminal from UP for cheating a retired teacher of ₹33 lakh in insurance fraud. This incident highlights the growing threat of cybercrime,…
Over 76,000 road accident victims were covered by the Maharashtra government's insurance scheme in a year. This impressive figure highlights the significant impact of the state's…
Sharing of G-Card credentials led to misdeclaration of import consignment; CESTAT upholds revocation of customs broker license. This ruling highlights a serious breach of trust…
Ola Electric witnessed a sharp 50% fall in Q1 FY26 revenue, with losses up 23%. This significant decline in revenue and widening losses indicate substantial challenges for the…
Ilaiyaraaja has moved the Supreme Court to transfer a Sony copyright suit from Bombay to Madras High Court. This strategic legal move by the renowned music composer aims to shift…
The Supreme Court has upheld the life sentence of a woman who killed her fiancé with the help of her boyfriend. This judgment reaffirms the conviction in a high-profile murder…
The Karnataka High Court has quashed a criminal case against the CEO of Hindustan Unilever HUL concerning alleged contamination in biscuits. The court's decision suggests that…
The Gujarat High Court has slapped a ₹1 lakh fine on a man seen attending proceedings from a toilet seat. This unusual incident highlights the court's strict stance on maintaining…
Andhra Pradesh is set to play a key role in the MSME-centric ADEETIE scheme. This indicates that the state government is actively supporting the central government's initiative…
Smartworks' IPO issue has been oversubscribed 1.3 times on Day 3. This strong subscription rate indicates robust investor demand for the co-working space provider's Initial Public…
PayU India has bagged ₹302 crore from Prosus to grow its credit business. This significant capital injection from its parent company, Prosus, underscores a strong commitment to…
IPO-bound Groww is set to launch a new platform to augment revenue. This strategic move by the investment and wealth management platform aims to diversify and expand its income…
SpaceX is reportedly backing Elon Musk's xAI with $2 billion. This massive internal investment highlights Elon Musk's aggressive strategy to build a formidable AI empire. The…
The CESTAT Customs, Excise, and Service Tax Appellate Tribunal has ruled that "anti-dumping duty paid by mistake in self-assessment has no legal character of duty, must be…
The CBI Central Bureau of Investigation has extradited a fugitive in a multi-crore import-export fraud case from the USA. This significant development highlights international…
The DGFT Directorate General of Foreign Trade has called for stakeholder comments on a draft Internal Compliance Programme for export controls. This initiative aims to streamline…
IPO-bound Groww's shares jumped 18% after its Q1 results. This significant stock price surge indicates a very positive market reaction to the investment platform's first-quarter…
ArisInfra's Q4 loss has declined by 97%. This substantial reduction in losses signifies a significant improvement in the financial performance of the infrastructure company. A 97%…
TCS's CFO stated that wage hikes are a priority, with a focus on growth with profitability. This indicates that India's largest IT service company is balancing employee…
Ola Electric's losses widened year-over-year, and sales declined sharply. This reiterates the significant financial difficulties faced by the electric vehicle company. The…
Ex-ShareChat CXO Shashank Shekhar's new startup is set to raise $4 million, led by Peak XV. This significant early-stage funding indicates strong investor confidence in the new…
Taxpayers have withdrawn crores in bogus ITR Income Tax Return deductions and exemptions as the Income Tax Department strengthens its crackdown. This significant development…
The ITAT Income Tax Appellate Tribunal has ordered a fresh hearing for an ex-parte dismissal of an agricultural income tax case. An ex-parte dismissal occurs when one party fails…
The Madras High Court has applied Section 165 relief for GST ITC Input Tax Credit reversal and ordered a refund to a business proprietor. Section 165 of the CGST Act deals with…
Smallcase has crossed the ₹100 crore revenue mark in FY25. This significant financial milestone indicates strong growth for the investment platform that enables users to invest in…
The RBI Reserve Bank of India has allowed gold and silver to be used as voluntary collateral for agricultural and MSME loans. This significant policy change aims to increase…
The NCLAT National Company Law Appellate Tribunal has reiterated that a second demand notice issued under Section 8 of the IBC Insolvency and Bankruptcy Code amounts to a "fresh…
The NCLAT National Company Law Appellate Tribunal has rejected a financial creditor's claim as "no valid guarantee was executed or invoked under IBC." This decision emphasizes the…
The J&K Jammu & Kashmir government has made GST-linked bank accounts mandatory for contractor payments. This significant reform aims to enhance transparency and curb tax evasion…
A ₹5 crore Income Tax demand has been dropped, with a CA Chartered Accountant praising the "faceless appeal for hassle-corruption-free process." This success story highlights the…
The Delhi High Court has stayed an "angel tax" demand against OYO, offering temporary relief ahead of IPO plans. This crucial interim order provides a significant reprieve for the…
Jane Street has deposited ₹48.43 crore to an escrow account with SEBI Securities and Exchange Board of India lien in an alleged Bank Nifty manipulation case. This significant…
The Thrissur District Commission has ruled that "selling pre-packaged products above MRP Maximum Retail Price is unfair trade practice." This decision reinforces consumer…
The Shipping Ministry is pushing for tax parity to support domestic-flagged vessels. This initiative aims to level the playing field between Indian-flagged ships and…
The DGFT Directorate General of Foreign Trade has called for stakeholder comments on a draft Internal Compliance Programme for export controls. This initiative aims to streamline…
The GSTN Goods and Services Tax Network has clarified the Table 12A issue in GSTR-1 for B2C transactions. This clarification addresses a common query for taxpayers filing their…
The ITAT Income Tax Appellate Tribunal has ruled that domain registration and web hosting are "not royalty income." This significant decision clarifies the tax treatment of…
The GSTN Goods and Services Tax Network has clarified GSTR-1 filing for B2C supplies, stating Table 12B is "not mandatory" and a "dummy entry required in Table 12A." This guidance…
The CESTAT Customs, Excise, and Service Tax Appellate Tribunal has quashed a ₹1 crore penalty on a Customs officer in a red sanders smuggling case due to "lack of corroborative…
The RBI Reserve Bank of India has allowed gold and silver to be used as voluntary collateral for agricultural and MSME loans. This significant policy change aims to increase…
Taxpayers have withdrawn crores in bogus ITR Income Tax Return deductions and exemptions as the Income Tax Department strengthens its crackdown. This significant development…
The ITAT Income Tax Appellate Tribunal has remanded ex-parte tax and penalty appeals, citing delays and a denied opportunity. This ruling highlights the tribunal's commitment to…
The Calcutta High Court has ruled that the "bar against even number of arbitrators in Section 10 ACA is not attracted in case of statutory arbitration under Section 18 3 MSMED…
The ITAT Income Tax Appellate Tribunal has ordered a fresh hearing for an ex-parte dismissal of an agricultural income tax case. An ex-parte dismissal occurs when one party fails…
The Ernakulam District Commission has ruled that "false assurances regarding IVF success is deficiency in service and unfair trade practice." This landmark decision provides…
The GSTN Goods and Services Tax Network has clarified the Table 12A issue in GSTR-1 for B2C transactions. This clarification addresses a common query for taxpayers filing their…
The Madras High Court has applied Section 165 relief for GST ITC Input Tax Credit reversal and ordered a refund to a business proprietor. Section 165 of the CGST Act deals with…
IPO-bound Groww's shares jumped 18% after its Q1 results. This significant stock price surge indicates a very positive market reaction to the investment platform's first-quarter…
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