News & Judgements

Financial analysts have raised concerns about a substantial $500 billion in unrealized losses held by banks in the United States. This significant figure has sparked fears of…

The appellate tribunal in Karnataka has overturned an order previously issued by the Karnataka Real Estate Regulatory Authority KRERA , granting relief to a senior citizen who had…

Rail Vikas Nigam Limited RVNL , a public sector undertaking PSU involved in railway infrastructure development, has secured a significant contract worth ₹115 crore from Central…

Indian stock markets experienced a significant rally, with key indices surging following indications from a prominent political figure in the United States regarding the potential…

PB Fintech, the parent company behind Policybazaar, has reported its financial results for the fiscal year 2025, showcasing a robust 28% increase in its annual revenue, which…

The Department for Promotion of Industry and Internal Trade DPIIT has approved a total of 187 startups for availing tax exemptions under Section 80-IAC of the Income Tax Act.…

Kriscore Financial Advisors, a venture capital firm, has successfully closed its maiden fund, securing a total commitment of ₹50 crore. This fund has a specific focus on investing…

The Central Consumer Protection Authority CCPA , the primary consumer rights regulator in India, has identified numerous instances of violations across various e-commerce…

Maverick Simulation, a health technology startup, has successfully raised ₹50 crore in funding. The company specializes in developing advanced medical training simulators powered…

PB Fintech, the parent company of the popular online insurance aggregator Policybazaar, has reported strong financial growth for the fourth quarter of the fiscal year. The…

GIC, Singapore's sovereign wealth fund, has formally filed an application with the Competition Commission of India CCI seeking its approval to acquire a 2.14% stake in Groww, a…

Yudiz Solutions Limited, a company operating in the blockchain technology sector, has issued a clarification regarding its recent acquisition of a stake in Trulot Technologies…

Zenergize, a startup operating in the electric vehicle EV charging infrastructure space, has successfully secured $2 million in funding. The company intends to utilize these funds…

Groww, a prominent fintech platform in India, has resolved allegations of security lapses with the Securities and Exchange Board of India SEBI through a settlement, agreeing to…

The Karnataka state government is set to launch a dedicated welfare fund for gig and platform workers by August of this year. This significant initiative aims to provide…

Hocco, a premium ice cream brand in India, has successfully raised $10 million in funding. The company plans to strategically deploy these funds to significantly expand its retail…

Quikr, an online classifieds platform, has reported its first annual profit, with a profit after tax PAT of ₹120 crore for the fiscal year 2024. This turnaround to profitability…

Hocco, an artisanal ice cream brand operating in India, has successfully raised $10 million in a Series B funding round. The company intends to utilize this fresh capital to…

The Indian Renewable Energy Development Agency IREDA , a government financial institution, has initiated insolvency proceedings against Gensol Engineering Limited before the…

The Supreme Court has prioritized the repayment of investors in the ₹5,600 crore National Spot Exchange Limited NSEL scam by ruling that the provisions of the Maharashtra…

In a significant ruling concerning intellectual property rights, the Delhi High Court has upheld the registrability of numeric trademarks, such as the mark "555" used for…

The Delhi High Court has clarified that the Supreme Court's recent directive mandating that the Enforcement Directorate ED must provide written grounds for arrest to individuals…

The Karnataka High Court has granted interim protection to a Congress Member of the Legislative Assembly MLA , Vinay Kulkarni, in a case being investigated by the Enforcement…

The Supreme Court has expressed strong criticism regarding poorly drafted arbitration clauses that frequently lead to unnecessary and protracted litigation. The apex court urged…

The Supreme Court of India has delivered a crucial judgment affirming that arbitration under the Micro, Small and Medium Enterprises Development MSMED Act, 2006, is statutory and…

The Delhi bench of the National Company Law Tribunal NCLT has ruled that an order passed by the Debt Recovery Tribunal DRT setting aside the classification of a borrower's account…

The Chennai bench of the National Company Law Tribunal NCLT has issued an important ruling clarifying the status of the Income Tax Department in liquidation proceedings under the…

The Calcutta High Court has dismissed legal challenges that were filed against the decision to relocate the Kolkata bench of the National Company Law Tribunal NCLT to a new…

The Calcutta High Court has delivered a judgment allowing sugar manufacturers to claim CENVAT credit on the cess that they have paid under the Sugar Cess Act. This ruling provides…

The Income Tax Appellate Tribunal ITAT has ruled in favor of allowing deductions for penalties that were contractually deducted by government authorities from payments made to…

The Securities and Exchange Board of India SEBI has expanded the eligibility criteria for individuals to serve as internal auditors within credit rating agencies CRAs . This move…

The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has allowed Hindustan Zinc Limited to claim CENVAT credit on the structural steel that was utilized in the…

The Securities and Exchange Board of India SEBI , the capital markets regulator, has introduced significant revisions to the charter governing the operations of share transfer…

The Income Tax Appellate Tribunal ITAT has directed the Commissioner of Income Tax Appeals CIT A to reconsider additional evidence submitted by an assessee pertaining to transport…

In a case involving Genpact India Private Limited, the Delhi High Court provided important clarification on the distinction between capital expenditure and revenue expenditure for…

The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has issued a ruling stating that penalties imposed on co-noticees in tax disputes become void if the principal…

The Delhi High Court has set aside an order that denied a taxpayer credit for Tax Deducted at Source TDS solely due to mismatches in the Goods and Services Tax Identification…

The Gujarat High Court has referred a significant matter concerning the applicability of compensation cess on supplies made by merchant exporters to the Goods and Services Tax GST…

The Bombay High Court has delivered a judgment nullifying an income tax notice that was issued under Section 148 of the Income Tax Act, finding that the issuance of the notice was…

The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled against imposing penalties under Section 114AA of the Customs Act on a customs broker for their alleged…

The Delhi High Court has issued a directive to an assessee, instructing them to promptly correct any inaccuracies in their registered address details as recorded on the Goods and…

The generation of Goods and Services Tax GST e-way bills in India reached an impressive figure of 11.93 crore in April 2025, marking the second-highest monthly record since its…

The Central Board of Direct Taxes CBDT has issued a significant ruling clarifying the tax treatment of bonds issued by the Indian Railway Finance Corporation IRFC . The CBDT has…

The Goods and Services Tax Network GSTN has issued comprehensive guidelines outlining the specific procedural requirements that taxpayers need to follow to withdraw their pending…

The Ministry of Finance has granted a special exemption to Indian Bank, allowing it to exceed the prescribed shareholding limits in ASREC India Limited, an asset reconstruction…