Rasna, a well-known Indian beverage company, has expanded its product portfolio by acquiring Jumpin' from Hershey's India. This strategic acquisition is aimed at strengthening…
20/05/20251 min read
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Rasna, a well-known Indian beverage company, has expanded its product portfolio by acquiring Jumpin' from Hershey's India. This strategic acquisition is aimed at strengthening…
The Ministry of Corporate Affairs MCA is reportedly nearing the completion of its investigation into alleged financial irregularities at Gensol Engineering. While the specific…
Razorpay, a prominent fintech giant, has announced a strategic partnership with MeitY Startup Hub MSH , an initiative of the Ministry of Electronics and Information Technology.…
Shiprocket, an Indian logistics unicorn, has successfully raised a significant sum of ₹2,500 crore in a pre-IPO funding round. The funding was led by Temasek, a Singaporean…
Foxconn, a major global electronics manufacturer and a key supplier for Apple, has announced a substantial investment of $1.48 billion into its manufacturing facility located in…
MobiKwik, a digital payments firm, has reported a significant widening of its net loss for the fourth quarter of the fiscal year 2025. Despite experiencing growth in its revenue…
A new deeptech fund, 247VC, has been launched by former partners of 100X.VC, with a target corpus of ₹250 crore. This fund will primarily focus on investing in deep technology…
Lathika Pai, a former executive at Microsoft, has initiated a legal battle against the technology giant by filing a lawsuit seeking ₹35 crore in damages. The lawsuit alleges…
Tan90, a thermal solutions startup, has successfully secured ₹20 crore in funding. This capital will be strategically utilized to advance the development and scale the production…
Paysprint, a rapidly growing fintech startup, is actively engaged in a funding round to raise $3 million. This capital infusion is earmarked for a significant expansion of its…
Nishant Pitti, the founder of EaseMyTrip, a prominent online travel company, has come under the radar of the Enforcement Directorate ED in connection with the ongoing Mahadev…
Foxconn, a global electronics manufacturing giant and key supplier to Apple, has announced a significant investment of $1.5 billion in its manufacturing unit located in Tamil…
The Samsung Chennai plant has successfully resolved a prolonged wage hike dispute with its workers, reaching a new agreement after extended negotiations. The details of the new…
Ola Electric, a leading electric vehicle EV manufacturer, is reportedly in advanced discussions to raise fresh capital through a pre-IPO funding round. The EV maker is seeking to…
A consumer court has imposed a penalty of ₹40,000 on the e-commerce giant Amazon for its failure to deliver a ₹100 rakhi a traditional Indian thread tied during a festival to a…
Miraggio, a direct-to-consumer D2C brand specializing in fashion accessories, has successfully raised ₹55 crore in funding. The company plans to deploy this capital to strengthen…
MobiKwik, a prominent Indian fintech platform, reported a substantial increase in its net loss for the fourth quarter, which jumped 83.5 times year-over-year to ₹56 crore. The…
The Supreme Court of India has approved bail for relatives of the former Mayor of Raipur, who are accused in the Chhattisgarh liquor scam case. The apex court's decision to grant…
The Delhi High Court has affirmed that even common names, such as 'Neha,' can be granted trademark protection, provided that the applicant can successfully prove that the name has…
Ranya Rao, an accused in a gold smuggling case, has been granted default bail by the court due to the prosecution's failure to file the chargesheet within the stipulated time.…
The Delhi High Court has clarified the application of the limitation period for filing petitions for the appointment of an arbitrator under Section 11 6 of the Arbitration and…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has issued a significant ruling regarding the admissibility of electronic evidence in excise cases. The tribunal…
The Madhya Pradesh High Court has provided an important clarification regarding the seat of arbitration when an arbitrator is appointed under Section 3G 5 of the National Highways…
The Delhi High Court has clarified the jurisdiction for adjudicating questions concerning the revival of arbitral proceedings. The court ruled that such matters, specifically the…
The Delhi High Court has limited the jurisdiction of courts under Section 11 6 of the Arbitration and Conciliation Act, 1996, which pertains to the appointment of arbitrators. The…
The Allahabad High Court has imposed a penalty on the Bank of Baroda for engaging in what it deemed to be unfair auction practices. The court ordered the bank to compensate a…
The Punjab & Haryana High Court has upheld the summons issued in the infamous Manesar land scam case, dismissing the challenge brought by former Haryana Chief Minister Bhupendra…
The Supreme Court of India has issued a directive mandating the implementation of a uniform pay structure for all members of consumer commissions across district and state levels…
The Supreme Court of India is currently hearing a challenge from the state of Tamil Nadu against the Enforcement Directorate's ED raids on the headquarters of TASMAC, the…
Nazara Technologies, a prominent diversified gaming and sports media company based in India, has announced a significant acquisition: the purchase of UK-based Curve Games for ₹247…
The Supreme Court of India has granted bail to Anwar Dhebar, an accused individual in the high-profile Chhattisgarh liquor scam case, which is being investigated under the…
The Supreme Court of India is currently examining a constitutional validity challenge against the expansive summoning powers of the Enforcement Directorate ED under Sections 50…
A penalty of ₹50,000 has been imposed for a mere one-day delay in filing the GSTR-3B return, which is a summary return for Goods and Services Tax GST . This stringent penalty…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that the mere presence of "Made in China" labels on cartons is insufficient evidence to prove that goods…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has introduced an easing of verification norms for customs brokers. The tribunal clarified that physical checks of…
The National Company Law Appellate Tribunal NCLAT has ruled that individual lenders within a consortium retain their independent rights to initiate insolvency proceedings under…
CloudSEK, an AI-driven cybersecurity and digital risk intelligence firm, has successfully secured $19 million in funding. This capital infusion is earmarked for the company's…
The National Company Law Appellate Tribunal NCLAT has validated the service of demand notices under Section 8 of the Insolvency and Bankruptcy Code IBC through email. The tribunal…
The National Company Law Appellate Tribunal NCLAT has recognized state tax authorities as secured creditors in insolvency proceedings by virtue of the statutory charge created…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has granted customs relief to Samsung, a multinational electronics giant, regarding the import of display…
The Supreme Court of India has upheld the Goods and Services Tax GST classification of fusible interlining cloth, bringing an end to a long-standing dispute regarding its tax…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has imposed excise duty on the proceeds derived from the sale of sprouts retained by a malt job worker. The tribunal…
CureBay, a healthcare startup focused on expanding access to healthcare services in rural areas, has successfully raised $21 million in its Series B funding round. The funding…
The Delhi High Court has delivered a ruling that limits the scope of capital gains exemption under Section 54F of the Income Tax Act. The court held that multiple floors within a…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has quashed a service tax demand that was raised on trading activity. The tribunal ruled that simple trading, which…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has waived a penalty that was imposed on a freight forwarder. The tribunal's decision was based on the absence of…
The Securities and Exchange Board of India SEBI , the market regulator, has issued comprehensive guidelines pertaining to the internal audit framework and the structure of audit…
The Directorate General of Foreign Trade DGFT has announced updates to Schedule II of the Indian Trade Classification Harmonized System , commonly known as ITC HS. These revisions…
Elevation Capital, a prominent venture capital firm, has executed a partial exit from its investment in ixigo, a travel technology platform, thereby realizing substantial returns.…
The Delhi High Court has advised a party challenging a Goods and Services Tax GST levy on housekeeping services provided to government educational institutes to pursue their…
Rasna, a well-known Indian beverage company, has expanded its product portfolio by acquiring Jumpin' from Hershey's India. This strategic acquisition is aimed at strengthening…
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