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A Thane-based businessman became a victim of a sophisticated ₹4.5 crore Goods and Services Tax GST scam that involved the use of fraudulent invoices and fabricated documents. The…
The Life Insurance Corporation of India LIC , a major state-owned financial institution, has increased its stake in Bank of India, a prominent public sector bank, to 8.38%. This…
Analysts have issued a word of caution regarding the potential for significant stock price appreciation for ABB India, a subsidiary of the Swiss multinational corporation…
The Securities and Exchange Board of India SEBI , the capital markets regulator in India, has taken steps to simplify the registration and compliance norms for Foreign Portfolio…
Titan Capital, an investment firm with a strong focus on backing early-stage startups in India, has been recognized as one of the top 100 venture capital firms globally by…
Google, a global technology leader, has announced the launch of a $50 million AI Futures Fund dedicated to investing in early-stage Indian startups that are actively developing…
Despite facing headwinds and valuation markdowns in its Indian portfolio companies, including Oyo, Swiggy, and Ola Electric, the global investment conglomerate SoftBank reported…
Shares of Gensol Engineering, a company operating in the renewable energy sector, continued their sharp decline, hitting the 5% lower circuit limit in trading. This persistent…
Zepto, a rapidly growing quick-commerce unicorn known for its ultrafast grocery delivery services, is reportedly nearing the completion of a substantial $350 million secondary…
SoftBank's Vision Fund II, a major global technology investment fund, reported losses in its fourth-quarter performance, primarily attributed to markdowns in the valuations of its…
PayU, a prominent fintech company backed by Naspers, has received the final authorization for its payment aggregator license from the Reserve Bank of India RBI . This crucial…
Adopt AI, an artificial intelligence startup based in Bengaluru, has successfully raised $6 million in funding to further develop its cutting-edge natural language processing NLP…
Flam, a mixed reality startup operating in the burgeoning augmented reality AR space, has successfully secured $14 million in a recent funding round led by RTP Global, with…
Digital lending startup Moneyview, a prominent player in India's burgeoning fintech sector, has engaged the services of leading investment banks to manage its proposed initial…
Fintech platform Groww, a rapidly expanding investment and brokerage service, has successfully settled a case brought against it by the Securities and Exchange Board of India SEBI…
Curefoods, a prominent cloud kitchen operator known for its portfolio of food brands, has strategically acquired the exclusive pan-India rights for the iconic American doughnut…
Shares of the food delivery behemoth Swiggy experienced a sharp 7% decline, plummeting to an all-time low amidst persistent skepticism among investors regarding the long-term…
More Retail, the omnichannel grocery retail chain backed by prominent investors Amazon and Samara Capital, has officially initiated its plans for a ₹2,000 crore initial public…
Private equity giant General Atlantic is set to divest a 7% stake in KFin Technologies, a prominent registrar and transfer agent, through a substantial block deal valued at…
Hyperbots Raises Significant Funding to Automate Finance/Accounting Operations with AI: Hyperbots, a Software-as-a-Service SaaS startup specializing in robotic process automation…
Ant Financial Reduces Paytm Stake in Fresh Selloff: Ant Financial, an affiliate of Chinese e-commerce giant Alibaba, further reduced its stake in Indian fintech major Paytm by…
PayU Secures Final Payment Aggregator License Ahead of IPO: Fintech giant PayU, backed by Naspers, has successfully secured the final payment aggregator license from regulatory…
NoBroker Reports High Revenue but Unexplained Expenses Raise Governance Questions: Proptech firm NoBroker reported a substantial revenue of ₹803 crore for the fiscal year 2024.…
Indian Startups Accepting Flat/Lower Valuations Amid Funding Crunch: A significant trend has emerged in the Indian startup ecosystem, with many startups now accepting flat or even…
Supreme Court Cautions Against Heavy-Handed Competition Law Enforcement Hurting Manufacturing Growth: While dismissing an appeal filed by the Competition Commission of India CCI ,…
Delhi High Court Sets Aside Arbitral Award Granting Zostel Stake in OYO: The Delhi High Court delivered a significant judgment setting aside an arbitral award that had granted…
Bombay High Court Grants Metro Brands Interim Relief Against Metbrands in Trademark Dispute: The Bombay High Court granted interim relief to Metro Brands, a prominent footwear…
Delhi High Court Hearing KFC's Trademark Infringement Suit Against Nashville Fried Chicken: The Delhi High Court is currently hearing a trademark infringement suit filed by the…
Gujarat High Court Imposes Heavy Costs on PIL Petitioner for Attempted Extortion: The Gujarat High Court imposed a substantial cost of ₹20 lakh on a petitioner who had filed a…
Allahabad High Court Orders Investigation into Forged Petition Case in Divorce Proceedings: The Allahabad High Court took serious cognizance of a case involving an allegedly…
Delhi High Court Grants Relief to Indian Businessman in Elfy Trademark Dispute with Pakistani National: The Delhi High Court provided interim relief to an Indian businessman in a…
Himachal Pradesh High Court Rules Unnatural Sex with Wife Punishable Despite Marital Rape Exception: In a significant judgment concerning sexual offenses, the Himachal Pradesh…
Himachal Pradesh High Court Clarifies Insurance Liability for Driver Personal Accident Coverage: The Himachal Pradesh High Court provided important clarification regarding the…
Madhya Pradesh High Court Orders Reinstatement with Partial Back Wages for Illegally Terminated Worker: The Madhya Pradesh High Court delivered a judgment ordering the…
Gujarat High Court Affirms Accused's Right to Passport Renewal and International Travel During Trial: The Gujarat High Court upheld the fundamental right of an accused person to…
Kerala High Court Restricts State Chief Information Commissioner Appointments to Retired Supreme Court Judges: In a significant interpretation of the Right to Information RTI Act,…
Pollachi Sexual Assault Case: All Nine Accused Sentenced to Life Imprisonment: A Tamil Nadu court delivered a landmark judgment in the harrowing 2019 Pollachi sexual assault case,…
The Supreme Court ruled that volume-based discounts offered by businesses are legitimate pricing strategies and rejected allegations of anti-competitive practices raised by the…
The Supreme Court upheld the convictions of non-public servants for abetting offenses under the Prevention of Corruption PC Act, thereby expanding the reach of corruption law to…
The Himachal Pradesh High Court ordered the transfer of winding-up petitions that still had the potential for revival to the National Company Law Tribunal NCLT for resolution…
The National Company Law Tribunal NCLT , Delhi bench, denied the application of interest under the Micro, Small and Medium Enterprises Development MSME Act to an operational…
The Delhi High Court strongly condemned the widespread misuse of Section 16 of the GST Act for claiming wrongful Input Tax Credit ITC , warning of the significant negative impact…
The Gujarat High Court referred the issue of compensation cess on supplies made by merchant exporters to the GST Council, seeking policy clarity on levies related to exports while…
The Supreme Court reaffirmed the constitutional validity of the GST provisions enacted by the states of Kerala and Tamil Nadu, settling challenges to the states' taxation powers…
The Jharkhand High Court struck down fees imposed by the state government for the recognition of private schools, upholding the provisions of the Right to Education RTE Act. The…
Biryani Blues Secures Funding for Cloud Kitchen Expansion: Biryani Blues, a foodtech brand focused on regional biryani offerings, secured $5 million in funding from Yugadi…
The Income Tax Appellate Tribunal ITAT delivered an important judgment, quashing a ₹68 lakh addition made by the assessing officer. The tribunal clearly stated that the…
The Enforcement Directorate ED has made significant progress in its efforts to combat GST evasion, apprehending three traders who were involved in a massive ₹800 crore fraud…
A Thane-based businessman became a victim of a sophisticated ₹4.5 crore Goods and Services Tax GST scam that involved the use of fraudulent invoices and fabricated documents. The…
The Madras High Court directed an assessee to utilize the available legal avenue by approaching the appellate authority to address their grievances against an order issued under…
A Thane-based businessman became a victim of a sophisticated ₹4.5 crore Goods and Services Tax GST scam that involved the use of fraudulent invoices and fabricated documents. The…
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