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Mr. Priyank Kharge, a minister from Karnataka, has stated that the Micro, Small, and Medium Enterprises MSMEs in the state need an agile and supportive ecosystem, and not just…
The Competition Commission of India CCI has cleared the proposal by the Manipal Group to acquire a significant stake in the test preparation giant, Aakash Educational Services.…
The shares of ArisInfra made a weak debut on the stock exchanges, listing at an 8% discount to their issue price. This means that the price at which the stock started trading was…
Wheels India Ltd, a leading manufacturer of automotive wheels, has announced its decision to acquire 7.64 lakh equity shares of Axles India Ltd from another company, Forge 2000,…
Mr. Priyank Kharge, a minister from Karnataka, has stated that the Micro, Small, and Medium Enterprises MSMEs in the state need an agile and supportive ecosystem, and not just…
The online travel aggregator, MakeMyTrip, is set to pay $3 billion to repurchase the stake held in it by the Chinese travel giant, Trip.com Group. This move is a strategic…
The Competition Commission of India CCI has cleared the proposal by the Manipal Group to acquire a significant stake in the test preparation giant, Aakash Educational Services.…
The venture capital firm, Amicus Capital, has announced the final close of its second fund at $214 million. The successful closure of the fund, especially in a challenging…
The National Payments Corporation of India NPCI has announced a stellar financial performance for the fiscal year 2025, with its profit soaring by 42% to reach Rs 1,552 crore.…
Jio Financial Services JFS , the financial services arm of Reliance Industries, has invested a further Rs 190 crore in its subsidiary, Jio Payments Bank. This capital infusion is…
The National Payments Corporation of India NPCI , the umbrella organization for all retail payment systems in the country, has reported a remarkable financial performance for the…
Sahi, a new trading and investment platform, has bagged $10.5 million in a seed funding round. The round was co-led by two of India's leading venture capital firms, Accel and…
The D2C direct-to-consumer jewelry startup, Giva, has successfully raised Rs 530 crore in a new funding round. The round was led by the private equity firm, Creaegis, with…
The shares of the infrastructure solutions company, ArisInfra, had a disappointing debut on the stock market, ending their first trading session 22% below the IPO price. The stock…
The National Payments Corporation of India NPCI has announced a stellar financial performance for the fiscal year 2025, with its profit soaring by 42% to reach Rs 1,552 crore.…
Jio Financial Services JFS , the financial services arm of Reliance Industries, has invested a further Rs 190 crore in its subsidiary, Jio Payments Bank. This capital infusion is…
The D2C direct-to-consumer jewelry brand, Giva, has successfully raised a massive Rs 530 crore approximately $63 million in its Series C funding round. The round was led by the…
In a poignant case, a man who was wrongly framed and prosecuted for the murder of his wife has approached the Karnataka High Court, seeking compensation of Rs 5 crore from the…
The Securities and Exchange Board of India SEBI has imposed a penalty of Rs 25 lakh on the BSE formerly Bombay Stock Exchange for certain lapses in its regulatory role. The…
In a significant corporate development, the US-based travel technology company, Rollins, has terminated its acquisition deal with the Indian online travel aggregator, EaseMyTrip.…
According to a recent report, the funding for Indian technology startups has slipped to $4.8 billion in the first half of 2025. This represents a significant decline compared to…
In a move to support its driver-partners, the ride-hailing platform Namma Yatri has helped in the formation of a welfare trust for its drivers in Karnataka. This initiative is…
The online jewelry retailer, BlueStone, which is preparing for an IPO, has expanded its Employee Stock Option Plan ESOP pool. As part of this, the company has granted ESOPs worth…
Sahi, a new stock trading application launched by the former Chief Technology Officer CTO of Swiggy, has raised $10.5 million in a new funding round. The round was co-led by the…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that service tax is not leviable on license fees and spectrum charges that were payable by telecom…
The Delhi High Court has provided an important clarification on the scope of reassessment proceedings. The court ruled that once an Assessing Officer AO has scrutinized the…
At a trade conclave organized by the Export-Import Exim Bank, Finance Minister Nirmala Sitharaman highlighted the key policy measures being taken by the government to promote…
The Telangana High Court, in a landmark judgment, has ruled that a Muslim wife has an absolute right to divorce through "Khula" and does not require her husband's consent for it.…
In a case with international ramifications, the Delhi High Court has allowed the government of Canada to recover approximately Rs 66 crore from the Indian bank accounts of a…
In a poignant case, a man who was wrongly framed and prosecuted for the murder of his wife has approached the Karnataka High Court, seeking compensation of Rs 5 crore from the…
The Securities and Exchange Board of India SEBI has imposed a penalty of Rs 25 lakh on the BSE formerly Bombay Stock Exchange for certain lapses in its regulatory role. The…
The Ernakulam District Consumer Disputes Redressal Commission has held Eureka Forbes liable for the improper installation of a water purifier, which led to a malfunction. The…
In a case highlighting extreme departmental delay, the Customs, Excise, and Service Tax Appellate Tribunal CESTAT has quashed several Statements of Demand. The tribunal noted that…
The Rajasthan High Court has permitted an individual accused in a case under the Prevention of Money Laundering Act PMLA to travel abroad. However, the court has imposed a…
The Himachal Pradesh High Court has reiterated that a GST payment made by a taxpayer "under protest" cannot be considered as an admission of their liability. The court held that…
The National Payments Corporation of India NPCI , the umbrella organization for all retail payment systems in the country, has reported a remarkable financial performance for the…
In a strong statement against police misconduct, the Madras High Court has awarded compensation to a victim of police brutality, emphasizing that human dignity is paramount. The…
The Jammu and Kashmir High Court has ruled that an arbitrator's fee must be fixed in accordance with the Fourth Schedule of the Arbitration and Conciliation Act, 1996, and cannot…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that the profit earned by a Goods Transport Agency GTA by providing its services through a sub-contractor…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that service tax is not leviable on license fees and spectrum charges that were payable by telecom…
In a move to facilitate trade, the Central Board of Indirect Taxes and Customs CBIC has issued instructions to simplify the export procedures for the leather industry. The new…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT has quashed a redemption fine that was imposed on the owner of trucks that were used for smuggling. The case involved…
The National Company Law Appellate Tribunal NCLAT has reaffirmed that the liquidation of a corporate debtor can be initiated if the successful resolution applicant fails to obtain…
The Delhi High Court has provided an important clarification on the scope of reassessment proceedings. The court ruled that once an Assessing Officer AO has scrutinized the…
The D2C direct-to-consumer jewelry brand, Giva, has successfully raised a massive Rs 530 crore approximately $63 million in its Series C funding round. The round was led by the…
In a significant ruling, the Delhi High Court has held that a reassessment notice issued by the Income Tax Department cannot be based on general information received from its…
At a trade conclave organized by the Export-Import Exim Bank, Finance Minister Nirmala Sitharaman highlighted the key policy measures being taken by the government to promote…
The East Delhi Advocates' Forum has written to the Finance Minister, seeking a one-time extension of the time limit for filing the first appeals under the GST law. The lawyers'…
In a major move to reduce tax litigation, Finance Minister Nirmala Sitharaman has ordered the income tax department to withdraw all pending low-value tax appeals within the next…
In a relief to a taxpayer, the Income Tax Appellate Tribunal ITAT has deleted an addition made under Section 68 of the Income Tax Act. This section deals with unexplained cash…
Mr. Priyank Kharge, a minister from Karnataka, has stated that the Micro, Small, and Medium Enterprises MSMEs in the state need an agile and supportive ecosystem, and not just…
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