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In the ongoing case related to the death of a junior doctor at RG Kar Medical College, the victim's parents have approached the Calcutta High Court. They have filed a petition…
The digital payments major, PhonePe, is on a fast track to launch its Initial Public Offering IPO , with plans to file the draft papers by August. The company is reportedly…
The digital payments giant PhonePe has started the process of launching its Initial Public Offering IPO by roping in investment bankers to manage the issue. The company is…
Fantail, a startup in the textile manufacturing space, has successfully raised a new round of funding. The investment was led by the venture capital firm, Riverwalk Holdings, with…
The e-commerce enablement startup, GoKwik, has bagged $13 million in a new funding round. The company provides an AI-led technology stack to D2C brands and other e-commerce…
The HR tech unicorn, Darwinbox, has concluded an ESOP Employee Stock Option Plan buyback program worth Rs 86 crore. This initiative provided the company's employees with an…
Fabheads, a startup that specializes in the manufacturing of advanced composite materials, has bagged $10 million in a new funding round. The company uses patented technology,…
The metals giant, Hindalco Industries, is set to acquire the US-based specialty alumina manufacturer, Aluchem, for $125 million. This acquisition is a strategic move by Hindalco…
The Allahabad High Court has dismissed a petition filed by a GST consultant, finding that the allegations against him are serious and worth probing. The consultant was accused of…
The Allahabad High Court has granted interim relief to a taxpayer in a case involving the availment of Input Tax Credit ITC on a payment that was itself under dispute in a…
In a significant move to enhance the security and efficiency of the tax ecosystem, the National Payments Corporation of India NPCI has launched a new real-time PAN and bank…
The Madras High Court has set aside an order passed by the income tax authorities because no notice was issued to the legal heir of a deceased assessee. The case involved a…
The digital payments giant PhonePe has started the process of launching its Initial Public Offering IPO by roping in investment bankers to manage the issue. The company is…
The global private equity giant, Warburg Pincus, is reportedly in talks to sell its stake in SBI General Insurance. The potential sale is a significant development in the Indian…
The digital payments major, PhonePe, is on a fast track to launch its Initial Public Offering IPO , with plans to file the draft papers by August. The company is reportedly…
The Income Tax Appellate Tribunal ITAT has sustained a tax computation made by the lower authorities, which involved an addition of a 1% commission on an income of Rs 63 lakh that…
The Rajasthan High Court, in a significant judgment, has clarified the scope of the police's power to freeze bank accounts under Section 102 of the Code of Criminal Procedure CrPC…
The eyewear retail giant Lenskart has informed the Delhi High Court that its use of the "Titan" trademark on its website was an "inadvertent mistake." The statement was made…
News publishers in India and across the globe have flagged a major concern regarding the use of their copyrighted materials by large AI companies without consent. They have argued…
The Allahabad High Court has granted interim relief to a taxpayer in a case involving the availment of Input Tax Credit ITC on a payment that was itself under dispute in a…
The Allahabad High Court has dismissed a petition filed by a GST consultant, finding that the allegations against him are serious and worth probing. The consultant was accused of…
The co-founders of the online pharmacy, PharmEasy, have launched a new venture named "All-Home," which is focused on providing home construction and renovation services. This new…
In a significant move to enhance the security and efficiency of the tax ecosystem, the National Payments Corporation of India NPCI has launched a new real-time PAN and bank…
The Income Tax Department has unearthed a massive Rs 29,208 crore in undisclosed foreign assets. This discovery was made through the analysis of belated and revised income tax…
There are reports that the technology giant Apple is considering the acquisition of the AI-powered search startup, Perplexity. Perplexity has gained significant traction for its…
The real estate giant DLF has announced that it is targeting sales worth Rs 2,500 crore from its new luxury housing project in Mumbai. The project, which will be developed on a…
The Maharashtra Authority for Advance Rulings AAR has held that the construction of a new transmission bay or express feeder for the Maharashtra State Electricity Company will be…
The Central Bureau of Investigation CBI has uncovered a major GST refund scam that allegedly involves the connivance of senior customs officials. The scam was perpetrated through…
The Rajasthan High Court, in a significant judgment, has clarified the scope of the police's power to freeze bank accounts under Section 102 of the Code of Criminal Procedure CrPC…
The UDIN Unique Document Identification Number portal, which is managed by the Institute of Chartered Accountants of India ICAI , has introduced new mandatory fields for reporting…
The National Company Law Appellate Tribunal NCLAT has dismissed an appeal filed by a former promoter of a company, thereby upholding the NCLT's decision to admit the company into…
The Income Tax Appellate Tribunal ITAT has ruled that a delay in filing Form 10B does not automatically bar a charitable trust from claiming tax exemption under Sections 11 and 12…
The Maharashtra Authority for Advance Rulings AAR has ruled that the construction of Extra High Voltage EHV substations and lines for a dedicated user of the Maharashtra State…
The Ministry of Finance has announced a reduction in the interest rate for the Senior Citizens' Welfare Fund SCWF for the fiscal year. The new rate has been lowered, which will…
The National Company Law Appellate Tribunal NCLAT has upheld the eviction of a hotel operator from a hotel property, which was mandated as part of an approved resolution plan. The…
In a case involving the Bank of Maharashtra, the National Company Law Appellate Tribunal NCLAT has dismissed an appeal filed by a personal guarantor. The tribunal also criticized…
The Gujarat High Court has denied an appeal in a cheque bounce case of Rs 15 lakh, citing the complainant's failure to prove their financial capacity to lend such a large amount.…
The Jharkhand High Court has granted a woman a monthly alimony of Rs 90,000 after an RTI application revealed her husband's true annual income to be Rs 21 lakh. The husband had…
The Income Tax Appellate Tribunal ITAT has restored the registration application of a trust under Section 12AB of the Income Tax Act. The tribunal found that the application was…
There are reports that the technology giant Apple is considering the acquisition of the AI-powered search startup, Perplexity. Perplexity has gained significant traction for its…
The National Consumer Disputes Redressal Commission NCDRC has held a builder in Barnala, Punjab, liable for a deficiency in service. The case was filed by homebuyers who had faced…
The Calcutta High Court has clarified the conditions under which a court can grant an injunction to secure the amount in dispute before passing an arbitral award. The court ruled…
The Madhya Pradesh High Court has ruled on the maintainability of a habeas corpus petition in a child custody case. A habeas corpus writ is typically used to demand that a person…
The Calcutta High Court has ruled that an arbitrator cannot be impleaded as a party in an application for the enforcement of an arbitral award under Section 36 2 of the…
The Andhra Pradesh High Court has ordered the state police to provide protection to a manufacturing unit of India Cements Ltd. The court's decision was based on the principle that…
The National Company Law Appellate Tribunal NCLAT has directed the National Company Law Tribunal NCLT to consider the arguments of Harsh Singh, a former director of Gensol…
In a progressive judgment, the Rajasthan High Court has upheld the right of a minor rape victim to continue with her pregnancy, even without the consent of her guardian. The court…
The Bombay High Court has ruled that elderly parents cannot be compelled to allow their adult son and daughter-in-law to stay in their house against their wishes. The court upheld…
The Chhattisgarh High Court has rejected the bail application of a man accused of being the mastermind behind a massive Rs 411 crore medical procurement scam. The court,…
The Bombay High Court has ruled that design and engineering services provided to foreign entities are "zero-rated supplies" under the GST regime. Consequently, the court allowed…
In the ongoing case related to the death of a junior doctor at RG Kar Medical College, the victim's parents have approached the Calcutta High Court. They have filed a petition…
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