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NBCC has secured RBI approval and finalized investment in its UAE real estate subsidiary. This indicates a significant expansion for NBCC, a public sector construction and…
RBI is set to drain ₹1 trillion via a 2-day VRRR Variable Rate Reverse Repo auction in July 2025. This significant liquidity management operation by the Reserve Bank of India aims…
Adani Power has completed the ₹4,000 crore acquisition of Vidarbha Power. This significant acquisition strengthens Adani Power's position in the energy sector, expanding its…
A Chartered Accountant CA has been arrested in connection with a massive ₹750 crore fake loan app scam. This serious development highlights the involvement of financial…
The CBDT Central Board of Direct Taxes has made Aadhaar OTP One Time Password mandatory for updating email and mobile numbers linked to PAN Permanent Account Number . This new…
Smartworks has raised ₹174 crore from anchor investors. This significant pre-IPO funding round is a strong vote of confidence for the co-working space provider. Anchor investors…
MSME pharma firms have requested financial and regulatory help for GMP Good Manufacturing Practice and NSQ Not of Standard Quality compliance. This plea highlights the challenges…
The CBDT Central Board of Direct Taxes has notified an Income Tax exemption for the Rajasthan Housing Board. This official notification from the apex direct tax body formalizes…
India and Brazil are set to sign trade agreements in July 2025, following discussions between Prime Minister Modi and President Lula. This bilateral initiative aims to strengthen…
Titan shares tumbled over 6%, causing its market valuation to drop by ₹20,086 crore. This significant single-day decline indicates a negative reaction from investors, likely due…
Tracxn's board has greenlit a stock buyback worth ₹8 crore. A stock buyback is a corporate action where a company repurchases its own shares from the open market. This move…
CCI Competition Commission of India and Kedaara Capital have acquired a stake in logistics startup Porter. This dual announcement signifies both a regulatory approval and a…
Trident Growth Partners has led a ₹200 crore funding round in Credit Wise Capital. This significant investment indicates strong investor confidence in Credit Wise Capital, a…
Redcliffe Labs has posted ₹419 crore revenue in FY25 and narrowed EBITDA losses. These financial results indicate significant growth in the diagnostics and healthcare sector for…
RCB Royal Challengers Bangalore has moved the Karnataka High Court against a CAT Central Administrative Tribunal order blaming it for the Chinnaswamy stampede. This legal…
The CBI has informed the Bombay High Court that it will finish its probe against Sameer Wankhede in the Aryan Khan bribery case in 3 months. This update indicates a defined…
Kedaara Capital has received CCI Competition Commission of India nod to invest in Porter, reiterating the previous news about regulatory approval for the investment. This…
Trident Growth Partners has led a ₹200 crore funding round in Credit Wise Capital. This significant investment indicates strong investor confidence in Credit Wise Capital, a…
The CBI has informed the Bombay High Court that it will finish its probe against Sameer Wankhede in the Aryan Khan bribery case in 3 months. This update indicates a defined…
The Bombay High Court has ruled that offenses under the Bharatiya Nyaya Sanhita BNS can be scheduled offenses under PMLA after the IPC repeal. This significant legal development…
The Bombay High Court has upheld the license cancellation of a courier agency for clearing imports without authorization, reiterating "no leniency in import/export lapses." This…
The Punjab and Haryana High Court has ruled that marital discord between a couple is not sufficient to constitute the offense of abetment of suicide against the wife. This…
The Kerala High Court is dealing with a criminal contempt case against R. Rajesh. Criminal contempt typically involves acts that obstruct or interfere with the administration of…
The Jammu & Kashmir High Court has ruled on the quashing of FIRs against public servants, emphasizing the requirement of prior approval under Section 17A of the Prevention of…
The Bombay High Court has ruled that offenses under the Bharatiya Nyaya Sanhita BNS can be scheduled offenses under PMLA after the IPC repeal. This significant legal development…
The Karnataka High Court has ruled that a Gram Panchayat cannot levy property tax. This ruling, appearing twice, consistently confirms the jurisdictional limits of local…
The Bombay High Court has directed the department to pay an informer for assisting in tax recovery, ruling that reward schemes must be fairly implemented. This significant…
The Madhya Pradesh High Court has dismissed a PIL seeking to stay the transfer and retirement of judges involved in the Bhopal Gas Tragedy case. This decision allows the…
The Patna High Court's recent judgment has clarified the interpretation of "living in adultery" under Section 125 of the CrPC. This section deals with maintenance for wives,…
The Karnataka High Court has ruled that a Gram Panchayat cannot levy property tax. This ruling, appearing twice, consistently confirms the jurisdictional limits of local…
The Punjab & Haryana High Court has sought a response from the Union in a plea challenging the term "sub-standard life" used for persons with disability in IRDAI health…
The Income Tax Appellate Tribunal ITAT has ruled that disallowance under Section 14A is inapplicable due to the absence of exempt income. Section 14A of the Income Tax Act aims to…
The Enforcement Directorate ED has released ₹38 crore to the Karnataka State Wakf Board on a Sessions Court directive to restore proceeds of crime to money laundering victims.…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has quashed a Show Cause Notice SCN invoking the extended period because the company had already reversed wrongfully…
The Patna High Court has imposed ₹10,000 cost on the Income Tax Department, ruling that NFAC National Faceless Appeal Centre failed to obey a Supreme Court order while dismissing…
The Calcutta High Court has dismissed a Customs Department appeal in a valuation dispute with Supreme Petrochem, reinforcing the High Court's earlier ruling that the…
The Karnataka High Court has ruled that a Gram Panchayat cannot levy property tax. This significant decision clarifies the jurisdictional limits of local self-governing bodies in…
The Bombay High Court has directed the department to pay an informer for assisting in tax recovery, ruling that reward schemes must be fairly implemented. This significant…
The Bombay High Court has upheld the licence cancellation of a courier agency for clearing imports without authorisation, ruling no leniency in import/export lapses. This stern…
The Kerala High Court has ruled that benefits to registered retail traders under the MSMED Act are limited to priority sector lending, not eligible for QCO exemption. The Micro,…
The Chhattisgarh High Court has directed the GST department to release the frozen bank account of a small entrepreneur. This significant judicial intervention provides crucial…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that a reduced penalty under Section 78 of GST applies if tax and interest are paid within 30 days of the…
A daily wage labourer in Uttar Pradesh has received a shocking ₹9.3 crore tax notice in a GST identity fraud case. This alarming incident highlights a pervasive scam where…
The NCLAT has ruled that unadjusted trade advance payable with an interest rate qualifies as "financial debt" under Section 5 8 of the IBC. This significant decision broadens the…
The NCLAT has ruled that assets of a corporate debtor attached under PMLA are not part of the resolution estate, and ED cannot be directed by NCLT to release assets even if…
The Delhi High Court has ruled that the mandate of an arbitrator can be terminated for delay in passing an award, despite the absence of an automatic termination clause in NSE…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has remanded a matter to the Commissioner for classification of offshore services as export or taxable business…
The Enforcement Directorate ED has released ₹38 crore to the Karnataka State Wakf Board on a Sessions Court directive to restore proceeds of crime to money laundering victims.…
The Telangana High Court has ruled that payments to a parent company during the normal course of business cannot be treated as dividend or advance. This significant decision…
The Telangana High Court has ruled that a GST assessment order passed beyond the limitation period is invalid, even if by one day. This crucial decision emphasizes strict…
NBCC has secured RBI approval and finalized investment in its UAE real estate subsidiary. This indicates a significant expansion for NBCC, a public sector construction and…
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