The Gujarat High Court rejected discharge pleas filed by police officers accused of extortion, holding that prima facie material existed to proceed with trial. The court noted…
09/06/20251 min read
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The Gujarat High Court rejected discharge pleas filed by police officers accused of extortion, holding that prima facie material existed to proceed with trial. The court noted…
The Kerala High Court upheld the validity of Cochin International Airport Limited’s online Annual General Meeting AGM , ruling that virtual conduct complies with Section 96 of the…
The Gujarat High Court upheld the conviction of a police constable found intoxicated while on duty, stressing that such behaviour gravely undermines public confidence and violates…
GreyLabs AI secured ₹85 crore in funding to enhance its voice-based automation tools aimed at improving customer support across BFSI and telecom industries. The article details…
Dhan, a retail trading and investing platform, achieved unicorn status after raising $120 million in its latest funding round led by global investors. The round reflects…
Delhi High Court has emerged as India’s foremost forum for defending celebrity personality rights. It outlines several landmark cases involving misuse of celebrity images, voices,…
The Madras High Court ruled that merely uploading a show-cause notice SCN on the GST portal is insufficient where the taxpayer’s registration stands cancelled. The court held that…
The concept of “clearing the way” in pharmaceutical patent litigation — a proactive legal strategy allowing generic manufacturers to challenge patents before launching competing…
OpenAI, the company behind the widely popular AI chatbot ChatGPT, has reached an annualized revenue run rate of $10 billion. This remarkable financial milestone is primarily…
The Delhi Development Authority DDA has challenged an order from the Real Estate Regulatory Authority RERA in the Delhi High Court. The RERA order had directed the DDA, a…
HCLTechnologies has announced an expansion of its strategic partnership with The Standard Insurance Company, a major US-based insurance, retirement, and investment firm. Under the…
NBCC India Limited, a public sector undertaking PSU under the Ministry of Housing and Urban Affairs, has secured a massive work order worth Rs 505.4 crore. The project involves…
British spirits giant Diageo, a major shareholder in the Indian Premier League IPL franchise Royal Challengers Bengaluru RCB , is reportedly considering a sale of its stake in the…
The recent down round of funding for the prominent fintech startup CRED is being seen as a major indicator of a broader market correction and a new wave of caution in the Indian…
Flick TV, a new microdrama app founded by former executives from the social media platform ShareChat, has successfully bagged $2.3 million in a seed funding round. The app focuses…
In a notable development in the Indian startup ecosystem, fintech unicorn CRED has reportedly raised $72 million in a new funding round from Singapore's sovereign wealth fund GIC…
In a significant push for India's semiconductor ambitions, Kaynes Technology's subsidiary, Kaynes SemiCon, has signed an agreement to acquire the power modules business of the…
Wow! Momo, a popular quick-service restaurant QSR chain specializing in momos, has raised INR 85 crore approximately $10 million in a debt funding round from Stride Ventures. Debt…
In a major move to compete in the burgeoning quick commerce market, e-grocery leader BigBasket is set to launch its own 10-minute food delivery service. This new venture will pit…
Pantomath Group's asset management division has launched the 'Bharat Bhumi Fund,' a new investment fund with a target corpus of Rs 2,000 crore. This fund will focus on investing…
An FIR has been filed against the fantasy gaming platform Sportasy in Haryana under the state's newly amended gambling law. This is one of the first major actions taken under the…
Facing severe financial pressure, edtech giant Byju's has been forced to sell two of its international assets, Epic and Tynker, in a distressed deal. Epic is a US-based digital…
Social commerce giant Meesho has converted from a private limited company to a public limited company, a clear and decisive step as it prepares for an Initial Public Offering IPO…
Rumikai, a startup operating in the home decor and furnishings space, is set to raise approximately $5 million in a new funding round. The round is expected to be led by the…
A Delhi court has ordered a magisterial inquiry into the alleged custodial death of a 28-year-old man at the Subhash Place police station in North-West Delhi. The man was found…
The Central Board of Direct Taxes CBDT has granted a significant extension for the processing of pending Income Tax Returns ITRs for the Assessment Year AY 2023-24. The deadline…
The Kerala High Court has admitted a Public Interest Litigation PIL that seeks to regulate the practice of "dynamic pricing" for movie tickets in multiplexes across the state. The…
The Securities and Exchange Board of India SEBI has imposed a penalty of Rs 3 lakh on the brokerage firm Motilal Oswal Financial Services Ltd for violating regulatory norms. The…
The Madras High Court has closed a plea that sought a CBI probe into alleged irregularities in the 'Dr. B.R. Ambedkar Champions Scheme,' a program in Tamil Nadu. The plea was…
The Chennai Bench of the National Company Law Appellate Tribunal NCLAT has dismissed an appeal filed by edtech giant Byju's parent company, Think & Learn Pvt Ltd. The appeal was…
The Kerala High Court is hearing a Public Interest Litigation PIL that seeks a CBI investigation into allegations of illicit payments between a private mining company, Cochin…
Giva, a direct-to-consumer D2C startup specializing in affordable silver jewellery, is in talks to raise INR 450 crore approximately $54 million in a new funding round. The round…
The Madras High Court has delivered a significant judgment, stating that the central government's obligation to release funds to states under the Right to Education RTE Act, 2009,…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT has upheld a company's claim for CENVAT credit, citing a significant failure in the investigation conducted by the…
The Ministry of Corporate Affairs MCA has simplified the process of filing Form ADT-1, which is used for intimating the appointment of an auditor. Under the new MCA21 V3 portal,…
The Income Tax Appellate Tribunal ITAT has reinforced a strict stance on the disallowance of deductions for delayed payments of employee contributions to Provident Fund PF and…
In a significant ruling, the Customs, Excise and Service Tax Appellate Tribunal CESTAT has held that once the main noticee in a dispute settles the case under the Sabka Vishwas…
The Goods and Services Tax Network GSTN has issued a clarification regarding the validation process for Table 12 of the GSTR-1 form, which pertains to data on supplies made…
The Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that service tax is not applicable on commission amounts that are deducted by foreign…
The Kerala High Court has provided significant relief to Bhima Jewels by ruling that the Limitation Act, 1963, is applicable to proceedings under Section 25 1 of the Kerala Value…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT has ruled that intention mens rea must be proven before a penalty can be imposed under Section 114AA of the Customs…
The Reserve Bank of India RBI has expanded the list of exemptions under its Large Exposures Framework. The new exemptions relate to the funds that banks place with institutions…
In a welcome move for many small businesses, the Goods and Services Tax Network GSTN has resolved a critical technical issue on the GST portal that was preventing taxpayers under…
The Goods and Services Tax Network GSTN has successfully resolved a technical validation error that was preventing taxpayers under the Quarterly Return Monthly Payment QRMP scheme…
The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal CESTAT has reiterated that service tax under the Reverse Charge Mechanism RCM is not applicable on…
The Reserve Bank of India RBI has removed the restrictions that were previously placed on Brickwork Ratings India Private Limited. This means that banks and other financial…
The Reserve Bank of India RBI has issued a clarification on the prudential treatment of contributions made by Urban Co-operative Banks UCBs to the Rural Infrastructure Development…
The Mumbai Bench of the Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that a payment made against a cancelled invoice for post-contract services is not…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT has upheld the imposition of a redemption fine on a taxpayer whose fabric rolls went missing after being legally…
Enterprise AI and data cloud company Snowflake has announced plans to significantly increase its headcount in India by the end of 2025. This expansion is a testament to the…
The Gujarat High Court rejected discharge pleas filed by police officers accused of extortion, holding that prima facie material existed to proceed with trial. The court noted…
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