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SEBI bans ex-IndusInd Bank CEO from securities market - The Securities and Exchange Board of India SEBI has barred Sumant Kathpalia, the former CEO of IndusInd Bank, and four…
Payu strengthens board pre-IPO - Payments firm PayU is bolstering its board of directors with new appointments as it prepares for an initial public offering IPO on the Indian…
Zerodha Capital posts ₹125Cr FY25 profit - Zerodha Capital, the Non-Banking Financial Company NBFC arm of the leading stockbroking firm Zerodha, has reported a profit of ₹125…
Nykaa Q4 revenue hits ₹2061Cr - FSN E-Commerce Ventures Ltd, the parent company of Nykaa, reported a substantial increase in its consolidated net profit, which surged by 193% to…
Zerodha Capital posts ₹125Cr FY25 profit - Zerodha Capital, the Non-Banking Financial Company NBFC arm of the leading stockbroking firm Zerodha, has reported a profit of ₹125…
Yatra's Q4 profit jumps 27x - Online travel company Yatra Online Inc. reported a significant surge in its consolidated net profit, which jumped by 272% to ₹15.2 crore in Q4 FY25,…
Neysa's Series A valuation decoded - Generative AI startup Neysa has raised $30 million in its Series A funding round, led by NTT Venture Capital with participation from Nexus…
SC questions L&T's Mumbai project disqualification - The Supreme Court questioned the Mumbai Metropolitan Region Development Authority's MMRDA decision to disqualify Larsen &…
SC issues notice in Byju's insolvency case - The Supreme Court has admitted appeals filed by the promoters of Byju's, challenging a National Company Law Appellate Tribunal NCLAT…
Adar Poonawalla plans $1B NBFC fundraising - Adar Poonawalla, CEO of Serum Institute of India, is reportedly planning to raise over $1 billion approximately ₹8,300 crore for his…
Agri credit growth slows - Reserve Bank of India RBI data indicates a slowdown in credit growth to the agriculture sector. For the fortnight ended March 21, the bank credit growth…
CBI arrests NCLT deputy registrar in bribery case - The Central Bureau of Investigation CBI has arrested Charan Pratap Singh, the deputy registrar of the Mumbai bench of the…
SC issues notice in Byju's insolvency case - The Supreme Court has admitted appeals filed by the promoters of Byju's, challenging a National Company Law Appellate Tribunal NCLAT…
MMRDA scraps Mumbai infra tenders post-SC rap - The Mumbai Metropolitan Region Development Authority MMRDA has scrapped two major infrastructure tenders, worth over ₹14,000 crore,…
Kerala HC acquits husband in abetment case - The Kerala High Court has acquitted a husband in an abetment of suicide case, ruling that merely sending divorce papers to his wife…
Delhi HC protects Sadhguru's personality rights - The Delhi High Court has issued an interim order restraining various online platforms from misusing the name, image, and…
Oyo rebrands parent company - Hospitality tech major OYO is looking to rename its parent company, Oravel Stays, as part of a strategic move ahead of its anticipated Initial Public…
Battery Smart raises $29M - Battery swapping operator Battery Smart has secured $29 million as part of its ongoing Series B funding round. The funding was led by existing investor…
United India Insurance returns to profit - United India Insurance, a public sector general insurance company, has reported a net profit of ₹154 crore for the financial year…
Madras HC bars judicial separation in conjugal rights cases - The Madras High Court has ruled that a Family Court cannot grant a decree of judicial separation when a petition is…
Adar Poonawalla plans $1B NBFC fundraising - Adar Poonawalla, CEO of Serum Institute of India, is reportedly planning to raise over $1 billion approximately ₹8,300 crore for his…
IIM Bangalore studies IBC's behavioral impact - A research study by IIM Bangalore's Centre for Capital Markets and Risk Management CCMRM , featured by the Insolvency and…
CESTAT grants CENVAT credit to Rambagh Palace Hotel - The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has allowed 100% CENVAT credit to Rambagh Palace Hotel…
CESTAT exempts university rental income from service tax - The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that rental income earned by a statutory…
IVCA urges VC funds to comply with SEBI - The Indian Venture and Alternate Capital Association IVCA has issued a reminder to all legacy Venture Capital Funds VCFs to comply with…
PM Modi stresses RERA compliance - Prime Minister Narendra Modi has emphasized the critical importance of strict adherence to the provisions of the Real Estate Regulation and…
RBI's gold reserves value jumps 57% - The value of the Reserve Bank of India's RBI gold assets has seen a substantial increase of 57.12%, reaching ₹4,31,624.8 crore as of March…
CESTAT exempts university affiliation fees from service tax - The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that affiliation/inspection fees charged by…
Calcutta HC directs fresh VAT proceedings - The Calcutta High Court has directed the initiation of fresh Value Added Tax VAT proceedings, quashing previous assessment orders that…
United India Insurance returns to profit - United India Insurance, a public sector general insurance company, has reported a net profit of ₹154 crore for the financial year…
ITAT remands case of NRI non-compliance - The Income Tax Appellate Tribunal ITAT has granted relief to a Non-Resident Indian NRI assessee working in Saudi Arabia, remanding their…
CESTAT bars retrospective amendments on old imports without bonds - The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that retrospective amendments or…
Razorpay to pay $150M taxes for its India reverse flip, highlighting regulatory costs for domicile shifts. Fintech unicorn Razorpay is expected to incur a tax liability of…
IT Dept enables ITR filing for FY 2024-25 - The Income Tax Department has officially commenced the Income Tax Return ITR filing season for Financial Year FY 2024-25 Assessment…
Delhi HC voids reassessment notice against HM India - The Delhi High Court has quashed a reassessment notice issued against HM India, ruling that the extension provided by the…
CESTAT denies blanket SEZ exemptions, orders refund reassessment - The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled against automatic or blanket exemptions…
Justice B.V. Nagarathna to become first woman CJI - Justice B.V. Nagarathna is set to make history as India's first female Chief Justice of India CJI . She is currently the fifth…
Delhi HC upholds centralized IT proceedings for coordinated probes - The Delhi High Court has upheld the Income Tax Department's decision to centralize income tax proceedings for…
Kiranapro acquires Likeo - Quick commerce platform KiranaPro has acquired Likeo, a startup specializing in augmented reality AR -driven virtual try-on technology. This acquisition…
CESTAT rules penalty under Section 112 a ii of Customs Act inapplicable for short-paid duty - The Customs, Excise and Service Tax Appellate Tribunal CESTAT has clarified that a…
Excel utilities for ITR-1 and ITR-4 now available for AY 2025-26 - The Income Tax Department has released the Excel utility versions of ITR Forms 1 and 4 for Assessment Year AY…
Nykaa expands to multiple cities - Beauty and fashion retailer Nykaa is set to expand its rapid delivery service, "Nykaa Now," to more cities after a successful pilot in key…
Delhi HC quashes reassessment notices against GE Steam Power - The Delhi High Court has quashed reassessment notices issued against GE Steam Power, finding no evidence to…
SEBI bans ex-IndusInd Bank CEO from securities market - The Securities and Exchange Board of India SEBI has barred Sumant Kathpalia, the former CEO of IndusInd Bank, and four…
ITAT dismisses urban cooperative credit society’s appeal against penalty for improper filing under Section 271D of the Income Tax Act. The Income Tax Appellate Tribunal ITAT has…
Supreme Court upholds retrospective air customs duty on soyabean meal, ruling clarificatory circulars can aid parent provisions retroactively. The Supreme Court has upheld the…
Gujarat HC fines GST department ₹1 lakh for ignoring rectified mismatches, flagging non-application of mind in tax scrutiny. The Gujarat High Court imposed a penalty of ₹1 lakh on…
ITAT sets aside ₹1.25 crore penalty on UP State Bridge Corp, linking it to a pending quantum appeal for fresh review. The Income Tax Appellate Tribunal ITAT has set aside a…
ITAT orders fresh probe into ₹50 lakh cash robbery case, asking the department to verify farmers’ claims for authenticity. The Income Tax Appellate Tribunal ITAT has directed the…
Delhi Consumer Court holds MakeMyTrip liable for overcharging, directing refunds and compensation. The Delhi Consumer Disputes Redressal Commission has ruled against online travel…
SEBI bans ex-IndusInd Bank CEO from securities market - The Securities and Exchange Board of India SEBI has barred Sumant Kathpalia, the former CEO of IndusInd Bank, and four…
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