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The Oil and Natural Gas Corporation ONGC , a state-owned enterprise, has approved a corporate guarantee of $412 million to support the overseas fundraising efforts of its…
Innov8, a co-working space provider owned by OYO, has sold a 3% stake in the company at a valuation of Rs 1,000 crore. This transaction highlights the significant value that has…
During a recent visit to Bihar, Prime Minister Narendra Modi announced a series of infrastructure projects for the Siwan region. These initiatives are aimed at boosting the…
In a significant milestone ahead of its planned Initial Public Offering IPO , the SaaS company Capillary Technologies has achieved profitability in the fiscal year 2025. This…
Krutrim, the AI startup founded by Ola's Bhavish Aggarwal, has acquired BharatSahayak, a conversational AI platform, from the technology consulting firm, Samagra. BharatSahayak…
The global IT services major, Cognizant, has announced a massive investment of Rs 1,583 crore to set up a new state-of-the-art IT campus in Visakhapatnam, Andhra Pradesh. This…
Innov8, a co-working space provider owned by OYO, has sold a 3% stake in the company at a valuation of Rs 1,000 crore. This transaction highlights the significant value that has…
The Oil and Natural Gas Corporation ONGC , a state-owned enterprise, has approved a corporate guarantee of $412 million to support the overseas fundraising efforts of its…
The logistics giant Delhivery is set to enter the on-demand, intra-city delivery market with its new app, "Delhivery Direct." This move will put the company in direct competition…
A Kerala court has imposed a hefty fine of Rs 1 crore on a private dairy named "Milnna" for infringing the trademark of the well-established cooperative brand, "Milma." The court…
The Kerala High Court, while interpreting the Protection of Children from Sexual Offences POCSO Act, has emphasized that not every instance of physical contact qualifies as a "bad…
Bharat Sanchar Nigam Limited BSNL , the state-owned telecom operator, has launched India's first 100% indigenous 5G Fixed Wireless Access FWA service. The launch took place in…
Tata Steel has expanded its digital platform, which is specifically designed to empower Micro, Small, and Medium Enterprises MSMEs . The platform aims to provide MSMEs in the…
Walmart has announced a significant expansion of its "Walmart Vriddhi" supplier development program, with a new goal of empowering an additional 100,000 Micro, Small, and Medium…
Wiom, a telecom startup focused on providing affordable internet services, has raised $35 million in a new funding round. The round was co-led by the prominent venture capital…
The Initial Public Offering IPO of ArisInfra has been oversubscribed 2.4 times by the third day of its bidding process, indicating a strong demand from investors. The issue has…
The Telangana High Court has clarified the procedure for the appointment of a substitute arbitrator. The court ruled that once the mandate of an arbitrator is terminated under the…
In a major development in the PNB fraud case, a special PMLA court has ordered the release of assets worth Rs 6,633 crore belonging to the fugitive diamantaire, Nirav Modi. These…
The National Company Law Appellate Tribunal NCLAT has upheld the admission of insolvency proceedings against a personal guarantor, based on the debt and default being established…
The electric vehicle manufacturer, Okinawa Autotech, is set to raise Rs 60 crore approximately $7 million in a fresh funding round from its existing backers. This infusion of…
In a significant move to support startups in smaller towns and cities, the Department for Promotion of Industry and Internal Trade DPIIT has signed a Memorandum of Understanding…
During a recent visit to Bihar, Prime Minister Narendra Modi announced a series of infrastructure projects for the Siwan region. These initiatives are aimed at boosting the…
The Securities and Exchange Board of India SEBI has announced a new set of reforms aimed at boosting the startup ecosystem in India. These changes are designed to make it easier…
The UK-based investment management firm, Schroder Fund, has acquired a stake in the online travel aggregator, ixigo. The fund entered ixigo's cap table by purchasing a portion of…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT has set aside a hefty penalty of Rs 55 crore, ruling that there was no customs violation as the alleged overvaluation…
In a relief to Mahindra & Mahindra Ltd, the Bombay High Court has ruled that an Assessing Officer AO does not have the jurisdiction to alter the net profit shown in a company's…
The Goods and Services Tax Network GSTN has issued a clarification on how taxpayers should handle records that have been inadvertently rejected on the Invoice Matching System IMS…
In an interesting case of consumer rights, a lawyer has filed a complaint against the luxury fashion brand, Gucci, in a consumer court. The lawyer alleges that he suffered an…
The Karnataka High Court has quashed a 2019 complaint filed by the Enforcement Directorate ED against the environmental NGO, Greenpeace India, in a case related to foreign…
A Kerala court has imposed a hefty fine of Rs 1 crore on a private dairy named "Milnna" for infringing the trademark of the well-established cooperative brand, "Milma." The court…
In a significant ruling, the Bombay High Court has discharged a Chartered Accountant who was an accused in the money laundering case involving former Maharashtra minister Chhagan…
In a case involving the rape and murder of a child, the Madhya Pradesh High Court has commuted a death sentence to life imprisonment. The court, while acknowledging the horrific…
The Kerala High Court, while interpreting the Protection of Children from Sexual Offences POCSO Act, has emphasized that not every instance of physical contact qualifies as a "bad…
The Karnataka High Court has quashed a complaint filed by the Enforcement Directorate ED against the environmental organization, Greenpeace India, for alleged violations of the…
In a significant order, the Calcutta High Court has restrained the West Bengal government from paying any further stipend to the school teaching and non-teaching staff whose…
The Telangana High Court has clarified the procedure for the appointment of a substitute arbitrator. The court ruled that once the mandate of an arbitrator is terminated under the…
The Bombay High Court has ruled that design and engineering services provided to foreign entities qualify as "zero-rated supplies" under the GST law. Consequently, the court held…
The Kerala High Court has ruled on the procedure for the cancellation of an insurance policy, stating that the notice of cancellation must be communicated to the insured…
The Delhi State Consumer Disputes Redressal Commission has held Dr. Lal Path Labs liable for providing erroneous test reports and has confirmed a compensation of Rs 3.5 lakh to be…
The Income Tax Appellate Tribunal ITAT has remanded a case involving the deduction of Voluntary Retirement Scheme VRS compensation back to the Assessing Officer AO for…
In a major development in the PNB fraud case, a special PMLA court has ordered the release of assets worth Rs 6,633 crore belonging to the fugitive diamantaire, Nirav Modi. These…
The Madras High Court has set aside a property tax demand raised by a municipality on land owned by the Rail Land Development Authority RLDA , ruling it to be unconstitutional.…
The Bombay High Court has directed the Commissioner of Income Tax Appeals CIT A to decide on the contentious issue of whether payments made for transponder services constitute…
The National Company Law Appellate Tribunal NCLAT has upheld the admission of insolvency proceedings against a personal guarantor, based on the debt and default being established…
The Central Board of Direct Taxes CBDT has exempted the specified income of the "Forum of Regulators" from taxation under Section 10 46 of the Income Tax Act. The Forum of…
The Central Board of Direct Taxes CBDT has granted a tax exemption to the Kerala Toddy Workers' Welfare Fund Board. The exemption has been notified under Section 10 46 of the…
The National Company Law Appellate Tribunal NCLAT has upheld the insolvency proceedings initiated against Jaypee Cement Corporation Ltd. The appellate tribunal dismissed an appeal…
In a relief to Reliance Motors, the Income Tax Appellate Tribunal ITAT has held that a loan given to a company that is not a shareholder of the lending company cannot be treated…
In a pro-exporter ruling, the Customs, Excise, and Service Tax Appellate Tribunal CESTAT has directed the tax authorities to grant a refund of Rs 61.12 lakh for accumulated CENVAT…
The food delivery and quick commerce giant, Swiggy, is piloting a new travel and lifestyle concierge application named "Crew." This move marks Swiggy's exploration of services…
The Oil and Natural Gas Corporation ONGC , a state-owned enterprise, has approved a corporate guarantee of $412 million to support the overseas fundraising efforts of its…
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