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The NCLAT has directed the NCLT to hear pleas filed by BluSmart and Matrix Gas regarding the freezing of their accounts on June 9. The appellate tribunal's directive indicates…
ASK Group is preparing for an Initial Public Offering IPO that could value the company at $1.2 billion. This move signals the wealth and asset management firm's ambition to tap…
Artha Venture Fund I AVF I has delivered a significant 61% Internal Rate of Return IRR , with its portfolio companies' revenue topping Rs 2,100 crore. This impressive IRR…
The Allahabad High Court stayed the recovery of Goods and Services Tax GST on the transfer of leasehold rights, stating that the matter requires further consideration. The court…
The Allahabad High Court set aside a GST order, criticizing the authorities for treating the personal hearing as a mere formality. The court emphasized that a personal hearing is…
Zomato has introduced electric vehicle EV bike rentals for its delivery partners to promote eco-friendly deliveries. This initiative is part of Zomato's broader strategy to reduce…
Apple has partnered with Tata to enhance its repair services for iPhones and MacBooks in India. This collaboration aims to improve customer service and reduce turnaround times for…
Lenskart has converted from a private to a public entity, signaling its preparation for an Initial Public Offering IPO . The company aims to raise $1 billion, targeting a…
Omnivore, an agri-tech focused venture capital fund, has paid Rs 14.62 lakh to settle a SEBI action concerning delayed fund winding. The settlement indicates that Omnivore had…
Gaurav Munjal is likely to hold a larger stake in Airlearn following its spin-off from Unacademy. This indicates a strategic restructuring where Airlearn, potentially focusing on…
LoanTap, a digital lender, has secured INR 74 crore approximately $8.9 million to bolster its supply chain financing solutions. This fresh capital injection will enable LoanTap to…
Mila Beaute, a beauty startup, is aiming to redefine affordable beauty products in India. By focusing on quality and affordability, the company seeks to cater to a broader…
PhonePe has acquired GSPay, a technology stack from Gupshup, to enable UPI-based payment services for feature phone users. This initiative aims to extend digital payment access to…
Kosmc AI, a social commerce infrastructure startup, has raised $200K in a pre-seed funding round. The company offers tools to simplify monetization across platforms like Instagram…
Healthkois has launched a $300 million fund aimed at supporting growth-stage startups in the healthcare sector. The fund will focus on companies that are innovating in healthcare…
Fintech infrastructure startup Decentro has successfully raised Rs 30 crore in a Series B funding round led by InfoEdge Ventures. The company also announced plans to relocate its…
Groww, a leading investment platform, is poised to raise $202 million in fresh funding from major investors including GIC and Iconiq Capital, ahead of its anticipated Initial…
Syfe, a wealth management platform, has successfully raised $80 million in its Series C funding round. This substantial capital infusion will enable Syfe to accelerate its growth,…
The NCLT Delhi has ruled that an interest-free debt must involve the "time value of money" to qualify as financial debt under the Insolvency and Bankruptcy Code IBC . The tribunal…
OYO plans to expand its portfolio of company-serviced hotels to boost revenue. This strategic move aims to enhance customer experience and operational efficiency by having greater…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT ruled that service tax cannot be levied in the absence of consideration flow, setting aside a ₹3.15 lakh demand on a…
The Ministry of Corporate Affairs MCA has notified revised versions of forms MGT-7, MGT-7A, and MGT-15 under the Companies Management and Administration Amendment Rules. These…
Porter, a logistics startup, focuses on intracity last-mile delivery and pan-India logistics solutions. The company aims to streamline quick commerce by offering efficient and…
The Delhi High Court identified a prima facie duplication in GST Input Tax Credit ITC demands, flagging dual recovery of reversed and utilized ITC. The court allowed the appeal…
Pidilite Industries has received a GST penalty order of Rs 13.18 lakh. The penalty was likely imposed due to non-compliance with certain provisions of the GST law, such as late…
The CESTAT has clarified that there is no blanket exemption for Special Economic Zones SEZs and has ordered a refund reassessment, stressing the need for proper documentation. The…
The Supreme Court has stayed a Rs 5,712 crore GST demand imposed on Paytm's First Games, amid a broader industry-wide legal battle concerning online gaming. The apex court's…
Flipkart has secured a lending license from the Reserve Bank of India, allowing it to operate as a non-bank finance company NBFC . This enables Flipkart to offer loans directly to…
Apple is set to open its fourth store in India, located in Mumbai's Borivali area. The new store will offer the latest Apple products, including the iPhone 17 series, MacBooks,…
A gold medalist Chartered Accountant tragically lost their life in a stampede during an RCB celebration. The incident raises concerns about crowd management and safety measures at…
The article discusses the critical role of Chartered Accountants in forensic audits, highlighting their responsibility in detecting and reporting financial irregularities. It…
The IREDA board has set the Qualified Institutional Placement QIP floor price at Rs 173.83 per share to raise up to Rs 5,000 crore. This decision by the Indian Renewable Energy…
The Orissa High Court disposed of a writ petition against a GST demand, granting liberty to the petitioner to file a fresh representation. The court's decision suggests that while…
A GST Inspector was arrested red-handed in Palwal for accepting a bribe of Rs 5,000. This incident highlights ongoing efforts by vigilance authorities to combat corruption within…
ASK Group is preparing for an Initial Public Offering IPO that could value the company at $1.2 billion. This move signals the wealth and asset management firm's ambition to tap…
Promoters have offloaded shares worth Rs 71,000 crore in 2025, indicating a significant trend of stake reduction by company founders and major shareholders. This large-scale…
Public sector lender Central Bank has acquired a major stake in an insurance company in a Rs 451 crore deal. This strategic acquisition signifies Central Bank's expansion into the…
Amazon has inked a pact with the Gujarat government to boost the state's MSMEs Micro, Small, and Medium Enterprises in e-commerce exports. This collaboration aims to empower…
Artha Venture Fund I AVF I has delivered a significant 61% Internal Rate of Return IRR , with its portfolio companies' revenue topping Rs 2,100 crore. This impressive IRR…
Lendingkart reported a loss of Rs 288 crore in FY25, with Non-Performing Assets NPAs on the rise, reflecting a broader industry slowdown. This significant loss highlights the…
Bhavish Aggarwal has collateralized his shares in Ola Electric and Krutrim, his AI venture. This action typically involves pledging shares as security for a loan, potentially to…
Nishant Pitti has freed up 10 crore EaseMyTrip shares from a bank pledge. This action means that a significant block of shares previously used as collateral for a loan has now…
Omnivore, an agri-tech focused venture capital fund, has paid Rs 14.62 lakh to settle a SEBI action concerning delayed fund winding. The settlement indicates that Omnivore had…
Flipkart has applied for a direct lending Non-Banking Financial Company NBFC license from the Reserve Bank of India RBI . This strategic move would allow Flipkart to directly…
Byju's co-founder has challenged the authority of GLAS Trust. This legal challenge likely pertains to the control, management, or financial decisions related to a significant…
Gaurav Munjal is likely to hold a larger stake in Airlearn following its spin-off from Unacademy. This indicates a strategic restructuring where Airlearn, potentially focusing on…
LoanTap, a digital lender, has secured INR 74 crore approximately $8.9 million to bolster its supply chain financing solutions. This fresh capital injection will enable LoanTap to…
The Singapore High Court has rejected WazirX's recovery plan, dealing a setback to the cryptocurrency exchange. The details of the recovery plan and the court's specific reasons…
Plush, a feminine hygiene startup, has successfully secured INR 40 crore approximately $4.8 million in a recent funding round. This capital infusion will empower Plush to expand…
Groww, a leading investment platform, is poised to raise $202 million in fresh funding from major investors including GIC and Iconiq Capital, ahead of its anticipated Initial…
The NCLAT has directed the NCLT to hear pleas filed by BluSmart and Matrix Gas regarding the freezing of their accounts on June 9. The appellate tribunal's directive indicates…
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