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A block deal involving Swiggy shares worth ₹122 crore was executed by BNP Paribas. A block deal is a single transaction involving a large number of shares, often occurring between…
A lawyer has received a two-year suspension after significantly overcharging a client ₹80,000 for court fees. This disciplinary action underscores the stringent ethical standards…
SEBI has proposed an e-book platform for Non-Profit Organizations NPOs to raise funds on the Social Stock Exchange SSE . This innovative initiative aims to streamline and…
The Indian government has announced that it received ₹7.33 lakh crore in revenue during the first two months of FY 2025-26. This figure represents the government's total…
The Madhya Pradesh High Court has granted 50% relief under the 2020 Samadhan Scheme to Hindustan Equipment Pvt Ltd, affirming that the scheme applies to taxpayers with pending…
The Goods and Services Tax Appellate Authority GSTAT has approved a cash refund of ₹3.96 lakh pre-deposit with 6% interest per annum in a penalty dispute case. This decision…
The Directorate General of Foreign Trade DGFT has extended the Minimum Import Price MIP on soda ash until December 2025. This extension is a protective measure aimed at…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has directed to decide a Service Tax appeal that was filed with due compliance of pre-deposit. This ruling…
Mobikwik's arm has secured SEBI approval to operate as a stock broker, signaling its foray into the competitive stock market ecosystem. This regulatory clearance allows Mobikwik…
GobbleCube has successfully secured $3.5 million in funding to help brands grow with AI-powered insights. This investment highlights the increasing demand for data-driven…
A ₹9,300 crore stake in NSE National Stock Exchange IPO is expected to unlock massive value for billionaire Radhakishan Damani. This significant potential value creation pertains…
The Finance Ministry has officially notified a 7.1% Special Deposit Scheme SDS rate for Q2 FY 2025-26. This rate is applicable to provident and other non-government funds that are…
A significant GST fraud of ₹130 crore involving an Input Tax Credit ITC scam has been exposed, where villagers' identities were fraudulently used. This scheme involved creating…
Finance Minister Nirmala Sitharaman has highlighted that India's tax reforms and digital transformation initiatives have boosted revenue while cutting compliance costs. Speaking…
SBI Cards has received a GST show-cause notice for ₹81.93 crore related to an alleged Input Tax Credit ITC disallowance. The notice suggests that the company may have wrongly…
An FIR has been filed against 40 Common Service Centre CSC operators in Nanded for their alleged role in a fake crop insurance scam. This widespread fraud highlights significant…
Meesho has officially filed its DRHP Draft Red Herring Prospectus via the confidential route for a $1 billion IPO. This marks a significant milestone for the e-commerce giant,…
The Calcutta High Court has ordered the closure of union rooms in state colleges until student elections are held. This significant directive aims to curb political interference…
The Delhi High Court has ruled that payments made to AWS Amazon Web Services for cloud computing services are not taxable. This significant decision clarifies the taxability of…
SEBI has proposed an e-book platform for Non-Profit Organizations NPOs to raise funds on the Social Stock Exchange SSE . This innovative initiative aims to streamline and…
A ₹9,300 crore stake in NSE National Stock Exchange IPO is expected to unlock massive value for billionaire Radhakishan Damani. This significant potential value creation pertains…
Nvidia has set a new record, becoming the first company in history to achieve a milestone that leaves Apple and Microsoft behind. While the specific milestone isn't detailed, this…
Nithin Kamath, co-founder of Zerodha, has stated that Jio Financial Services is not a threat to Zerodha. This statement by a leading figure in the discount brokerage space…
The Reserve Bank of India RBI has directed banks to integrate the DOTS Digital Online Transaction Safeguard tool to curb cyber frauds. This crucial directive aims to enhance the…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that a construction sub-contractor cannot escape Service Tax liability even when the main contractor is…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that the removal of PPCP polypropylene compounds to moulders for making battery parts is not 'trading',…
The Kerala High Court has ruled that a GST notice served via WhatsApp is not a valid mode of service under Section 169, even during the Covid-19 pandemic. This significant…
GobbleCube has successfully secured $3.5 million in funding to help brands grow with AI-powered insights. This investment highlights the increasing demand for data-driven…
Meesho has officially filed its DRHP Draft Red Herring Prospectus via the confidential route for a $1 billion IPO. This marks a significant milestone for the e-commerce giant,…
Nykaa shares slumped by 5% after a likely block deal worth ₹1,210 crore. This significant share price movement often occurs when a large block of shares is traded, indicating a…
Maieutic has successfully secured $4.15 million in funding to accelerate chip design with its GenAI copilot. This significant investment highlights the increasing intersection of…
Peak XV Partners formerly Sequoia Capital India has invested in Luma, a fertility startup founded by Fitternity founders. This investment signals a growing interest from prominent…
The Goods and Services Tax Appellate Authority GSTAT has approved a cash refund of ₹3.96 lakh pre-deposit with 6% interest per annum in a penalty dispute case. This decision…
The Karnataka State Pollution Control Board KSPCB has been granted income tax exemption on specified incomes. This decision recognizes the KSPCB's role as a statutory body…
Dabur India's Hajmola is embroiled in a bitter-sweet battle with GST authorities over its classification. The dispute centers on whether Hajmola, traditionally considered a…
IPO-bound Nopaperforms has successfully converted into a public entity, marking a crucial step towards its Initial Public Offering. This legal conversion is a prerequisite for any…
EaseMyTrip's co-founder, Nishant Pitti, has pledged shares worth ₹95 crore for personal use. Pledging shares involves using them as collateral for a loan. This move indicates that…
InCred Finance has successfully secured ₹400 crore in debt funding from Morgan Stanley and other investors. This significant debt infusion strengthens InCred's financial position,…
A block deal involving Swiggy shares worth ₹122 crore was executed by BNP Paribas. A block deal is a single transaction involving a large number of shares, often occurring between…
A lawyer has received a two-year suspension after significantly overcharging a client ₹80,000 for court fees. This disciplinary action underscores the stringent ethical standards…
DRHP Draft Red Herring Prospectus filings have surged in H1 2025 due to strong valuations, indicating a pickup in IPOs. This trend signifies a bullish market sentiment, where…
Bharat Forge, the defense and auto component manufacturer, has completed the acquisition of an automotive company for ₹746.46 crore. This strategic acquisition strengthens Bharat…
Swiggy, the prominent food delivery platform, is set to shut down its SaaS platform 'Minis' after suspending 'Genie'. This decision indicates a strategic realignment by Swiggy,…
The RBI has issued a warning that Indian equities risk being overvalued, suggesting that earnings may not justify current prices. This caution from the central bank signals…
Surge AI has reportedly secured substantial funding, leading to a valuation of $1.5 billion. This significant fundraise underscores the booming investment in the artificial…
Assam-based Woolah has secured a patent for its innovative "bagless tea technology" and is set for a global launch. This groundbreaking patent signifies a significant leap in the…
In the Valmiki Scam, the Karnataka High Court has directed the SIT Special Investigation Team and ED Enforcement Directorate to hand over copies of evidence to the CBI. This order…
In the National Herald case, the Enforcement Directorate ED claims Rahul Gandhi and Sonia Gandhi paid ₹50 lakh for properties worth ₹2,000 crore. This assertion, made during…
The Bombay High Court has refused to quash a rape case despite a compromise between the accused and the victim. This ruling reiterates the legal principle that serious offenses…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that HIV VL test kits qualify as life-saving diagnostic kits and are thus eligible for Customs Duty…
A block deal involving Swiggy shares worth ₹122 crore was executed by BNP Paribas. A block deal is a single transaction involving a large number of shares, often occurring between…
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