Sorted by Latest
CESTAT clears ITI Ltd of misdeclaration in telecom software imports, validating declared transaction values. The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has…
Himachal Pradesh HC rules auction purchasers liable for outstanding vehicle taxes, clarifying successor liability in asset acquisitions. The Himachal Pradesh High Court has held…
RBI’s FY 2024-25 report: 98.2% of ₹2000 notes returned; currency in circulation hits ₹36.9 lakh crore, reflecting demonetization’s near-complete closure. The Reserve Bank of…
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 to review remittance scheme - The Reserve Bank of India RBI is undertaking a comprehensive review of its Liberalized Remittance Scheme LRS , which saw outflows of…
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…
Delhi Consumer Court holds MakeMyTrip liable for overcharging, directing refunds and compensation. The Delhi Consumer Disputes Redressal Commission has ruled against online travel…
Nvidia reports $44B Q1 revenue - Chipmaker Nvidia reported a robust revenue of $44.1 billion in the first quarter of the current fiscal year, exceeding analysts' expectations.…
RBI proposes sub-7-day term deposits, seeking bank feedback to introduce flexible short-term investment options for customers. The Reserve Bank of India RBI has approached banks…
Ather partners with Infineon - Electric scooter manufacturer Ather Energy has forged a strategic partnership with Infineon Technologies AG, a global leader in semiconductor…
Ecom Express sees exits ahead of Delhivery merger - Logistics firm Ecom Express is experiencing a wave of employee resignations and leadership changes as it prepares for its…
IPO-bound Imarticus acquires MyCaptain - Mumbai-based professional education platform Imarticus Learning, which is preparing for a ₹750 crore Initial Public Offering IPO , has…
NCLT orders freezing of Gensol's accounts - The Ahmedabad bench of the National Company Law Tribunal NCLT has ordered the freezing of bank accounts and lockers belonging to Gensol…
Moneyview renames parent entity ahead of IPO - Fintech unicorn Moneyview has rebranded its parent company from "Whizdm Innovations Private Limited" to "Moneyview Private Limited."…
Snabbit in talks to raise $20M - Quick commerce startup Snabbit has successfully secured $19 million in a Series B funding round led by Lightspeed, with participation from…
Oxyzo’s FY25 profit rises 17% to ₹339 Cr, showcasing strong performance in SME financing. Oxyzo, the fintech lending platform spun off from OfBusiness, reported a 17% increase in…
Yatra’s Q4 profit jumps 2.7x to ₹15.2 Cr, riding post-pandemic travel demand recovery. Online travel company Yatra Online Inc. reported a consolidated net profit of ₹15.2 crore…
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…
JAR enters UPI payments via BharatPe and Unity Bank, expanding its savings app’s fintech capabilities. Jar, a savings and investment app, has officially entered the Unified…
Ola Electric’s losses surge 2x to ₹862 Cr in Q4 FY25 amid revenue decline, reflecting EV sector challenges. Ola Electric reported a significant widening of its net loss to ₹870…
Razorpay completes reverse flip to India, aligning with RBI’s fintech regulations. Digital payments major Razorpay has completed the process of moving its parent company's…
Snitch to raise ₹280 Cr Series B at ₹2,500 Cr valuation, scaling its D2C fashion brand. Omnichannel men's fashion retailer Snitch is set to raise ₹278.9 crore approximately $33…
SC quashes rape case where relationship soured, rejecting "false marriage promise" claims without concrete evidence. The Supreme Court has quashed a rape case filed against a man,…
DRT freezes Gensol’s assets, barring Blusmart’s IP/tech transfer on IREDA/PFC’s plea over loan defaults. The Debt Recovery Tribunal DRT has frozen the secured assets of Gensol…
Delhi HC allows expelled DPS students to return on paying 50% of hiked fees, balancing institutional policies and student rights. The Delhi High Court has allowed 31 students, who…
Delhi HC hears Ahlmad’s plea on ACB leaking sensitive bribery case documents to media, probing procedural integrity. The Delhi High Court has heard a plea from an Ahlmad court…
SC sets aside Kerala HC’s Voizz/Byju’s IP order, remanding for fresh consideration on jurisdictional grounds. The Supreme Court has set aside a Kerala High Court order that had…
Delhi HC refers Ola Electric’s "Bharat Cell" TM dispute to mediation, promoting amicable IP resolution. The Delhi High Court has referred a trademark dispute between lithium-ion…
US Court strikes down Trump-era tariffs, ruling them unconstitutional and providing relief to affected importers. A US Court of International Trade has ordered the striking down…
Chhattisgarh HC bars GST writ petitions if alternative remedies exist, barring extraordinary circumstances, to prevent forum shopping. The Chhattisgarh High Court has reiterated…
Karnataka to draft gig worker welfare rules in 2 weeks, addressing labor protections in the platform economy. The Karnataka government is reportedly in the final stages of…
J&K HC upholds status quo on disputed property construction, preserving parties’ rights pending suit resolution. The Jammu & Kashmir and Ladakh High Court has ruled that a "status…
Delhi HC mandates proof of actual loss for liquidated damages claims, curbing arbitrary recoveries without demonstrated harm. The Delhi High Court has reiterated that a party…
AP HC denies ESI exemption to establishments relying on private insurance without local dispensaries, reinforcing mandatory ESIC compliance for employee welfare. The Andhra…
Delhi HC mandates proof of actual loss for liquidated damages recovery, curbing arbitrary claims. The Delhi High Court has ruled that for a party to recover liquidated damages…
Delhi Consumer Court rules against Chhabra Farms for non-refund of advance booking amounts, ensuring consumer protection. The District Consumer Disputes Redressal Commission,…
Delhi HC orders 6% interest on inadvertent GST ECL deposit refund, warning of 18% for delays. The Delhi High Court directed the Goods and Services Tax GST Department to refund an…
CESTAT grants Yamaha full interest on erroneous NCCD deposit refund, ruling that excess tax collections must be repaid with due interest. The Customs, Excise, and Service Tax…
Delhi HC dismisses massive GST fraud petition, citing severe exchequer impact. The Delhi High Court dismissed a writ petition challenging a penalty imposed for alleged Goods and…
CESTAT clears ITI Ltd of misdeclaration in telecom software imports, validating declared transaction values. The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has…
ITAT grants relief to charitable trust, ordering fresh registration hearing after trust deed modifications, prioritizing procedural fairness. The Income Tax Appellate Tribunal…
ITAT directs re-examination of ₹83 lakh shipping firm dispute, noting contingent liability errors in assessment. The Income Tax Appellate Tribunal ITAT has remanded a dispute…
Delhi HC rules subscription payments to non-resident suppliers are not royalties, dismissing revenue’s appeal and easing tax burdens on tech imports. The Delhi High Court has…
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…
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…
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…
Supreme Court upholds retrospective air customs duty on soyabean meal, ruling clarificatory circulars can aid parent provisions retroactively. The Supreme Court has upheld the…
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…
CESTAT invalidates service tax confirmation exceeding SCN demand, stressing demands cannot surpass proposed amounts without justification. The Customs, Excise, and Service Tax…
Hyderabad Consumer Court holds Vitality Health Services liable for medical negligence, awarding damages. The Hyderabad District Consumer Disputes Redressal Commission-I has found…
CESTAT clears ITI Ltd of misdeclaration in telecom software imports, validating declared transaction values. The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has…
Showing 50 of 42930 updates