Ultrahuman lost a preliminary patent battle against Oura and may face US import bans on its health tracking devices. The ruling underscores the competitive intensity in wearable…
02/05/20251 min read
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Ultrahuman lost a preliminary patent battle against Oura and may face US import bans on its health tracking devices. The ruling underscores the competitive intensity in wearable…
OYO has postponed its IPO plans for the third time, citing unfavorable market conditions and internal restructuring needs. The repeated delays indicate ongoing challenges in…
Ola Electric faces an alleged insider trading probe, with the company denying wrongdoing and pledging full cooperation. The development comes as the EV maker prepares for its…
NephroPlus reported ₹566 crore revenue and ₹35 crore profit in FY24, demonstrating strong growth in India's dialysis center chain segment. The financial performance highlights the…
Delhi High Court restrained Baba Ramdev from using communal terms like "sharbat jihad" against Rooh Afza, citing potential to incite discord. The order balances free speech with…
Supreme Court addressed drug-related cases involving Savitribai Phule Pune University students, emphasizing balanced approaches to youth offenses. The judgment directs authorities…
Bombay High Court stayed a trial court's ₹15 crore costs order against Airports Authority of India in a land dispute case. The interim relief acknowledges potential irreparable…
NCLAT upheld two more CCI directions against Google while correcting a calculation error in its earlier order. The tribunal maintained the competition watchdog's findings about…
NCLT Mumbai held that Resolution Professionals cannot exclude non-voting members' shares when calculating voting percentages under IBC. The decision ensures all financial…
NCLAT Chennai ruled that NCLT cannot adjudicate disputed contractual claims during liquidation if an arbitration clause exists. The judgment preserves parties' contractual dispute…
Delhi High Court ruled that GST authorities cannot block credit in electronic ledgers under Rule 86A of CGST Rules for more than one year. The judgment clarifies the temporal…
The Delhi High Court refused relief to a firm allegedly involved in a ₹550 crore GST fraud, questioning its conduct during departmental proceedings. The court noted the company's…
Gauhati High Court upheld refund of income tax deducted from salaries of Scheduled Tribe officers, reaffirming constitutional tax exemptions under Article 371. The comprehensive…
Supreme Court held that engineering services fees for imported equipment fall within assessable customs value in the Coal India case. This significant customs valuation ruling…
In an important contract law interpretation, the Supreme Court ruled that forfeiture of earnest money isn't penal under Section 74 of the Contract Act. The judgment differentiates…
Supreme Court refused to review its decision upholding TDS applicability on salaries of Christian priests and nuns, reaffirming the principle of equal tax treatment for all…
In a landmark anti-corruption ruling, the Supreme Court held that stamp vendors qualify as public servants under the Prevention of Corruption Act. The decision brings stamp paper…
Supreme Court ruled that in gang rape cases, penetrative act by one accused can implicate all if common intention is established. This significant interpretation of Section 376D…
Jharkhand High Court set aside an ITAT order that had relied on an overruled precedent in a TDS disallowance case under Section 40 a ia . The detailed judgment clarifies that…
Kerala High Court stayed income tax proceedings against CPI M , noting the special tax treatment granted to political parties under Section 13A of Income Tax Act. The interim…
The Telangana High Court acquitted a rape accused due to multiple lapses in police investigation, including delayed FIR registration and mishandling of forensic evidence. While…
The Karnataka High Court has imposed ₹50,000 costs on BJP leader CT Ravi for making derogatory remarks against Congress MLA Laxmi Hebbalkar. This strong judicial response…
In a significant customs law interpretation, the Patna High Court has affirmed the expansive investigative powers granted under Section 106 of the Customs Act. The judgment…
The Jharkhand High Court has directed the state government to submit concrete timelines for filling approximately 1,200 long-vacant positions in Jharera. This judicial…
The Allahabad High Court dismissed a PIL seeking SIT investigation into Robert Vadra's remarks on the Pahalgam terror attack, upholding freedom of speech principles. The judgment…
The Madhya Pradesh High Court has taken suo motu cognizance of alleged investigative manipulation in a rape case involving a police head constable. The court has ordered the…
SEBI's 2025 amendments to stock exchange regulations introduce comprehensive reforms to strengthen market infrastructure governance. Key changes include enhanced disclosure norms…
The Supreme Court delivered a landmark judgment by rejecting JSW's resolution plan and ordering liquidation, finding it violated the IBC's creditor hierarchy. The court emphasized…
In a significant TDS case, the ITAT dismissed the revenue department's appeal by applying the consistency principle, noting identical facts since AY 2013-14. The tribunal…
The Delhi High Court has adopted a cautious approach regarding challenges to CBIC's Section 168A GST notification by making its orders subject to Supreme Court's decision. The…
India's GST collections for April 2025 reached an all-time high of ₹2.1 lakh crore, registering 14% year-on-year growth despite significant challenges. The record collections came…
Britannia Industries received a GST demand notice of ₹945 crore for alleged wrongful input tax credit claims. The notice reportedly disputes documentation supporting certain ITC…
The Bombay High Court ruled that GST cannot be levied on joint development agreements unless there's actual transfer of Transferable Development Rights TDR or Floor Space Index…
The Finance Ministry expanded India's customs cooperation network by adding New Zealand and Madagascar to its CMAA framework. These agreements facilitate information exchange,…
Through its second amendment to LODR regulations, SEBI enhanced disclosure requirements for securitized debt instruments. Issuers must now provide asset-level details, periodic…
SEBI introduced stricter cybersecurity norms, categorizing regulated entities based on risk exposure and mandating tailored safeguards. High-risk entities must implement advanced…
CESTAT classified wind turbine towers as parts of electricity generators rather than immovable structures, making them eligible for excise duty exemptions. The tribunal examined…
In a relief to Sun Pharma Laboratories, CESTAT allowed refund of Education Cess and Higher Education Cess paid on excise duty that was later exempted. The tribunal distinguished…
The ITAT deleted a penalty imposed under Section 271 1 c after the primary tax additions were nullified in the quantum proceedings. The tribunal reiterated the settled legal…
The Income Tax Appellate Tribunal reduced the estimated profit addition on alleged bogus purchases from 25% to 5%, calling the higher rate unjustified. While upholding the…
The CBDT has notified a revised Income Tax Return form for Assessment Year 2025-26 with enhanced disclosure requirements. The new form mandates detailed reporting of high-value…
The Delhi High Court upheld an ITAT order limiting the jurisdiction of Assessing Officers under Section 153C of the Income Tax Act to a maximum 10-year block period for…
The Delhi High Court ruled that subscription fees collected for e-magazine content do not qualify as "fees for technical services" under the Income Tax Act. The judgment clarified…
Electric bike startup Ultraviolette is securing fresh funding in an ongoing round, signaling continued investor confidence in India's EV sector. The capital infusion will support…
Prime Minister Narendra Modi inaugurated the Vizhinjam International Deepwater Seaport in Kerala, a strategic infrastructure project led by Adani Ports. The port's natural depth…
Supreme Court criticized the Arbitration Bill 2024 for not recognizing tribunals' power to implead non-signatories, urging Parliament to reconsider this limitation. The…
Adani Group has temporarily suspended negotiations with Israel′sTower Semi conductor for a proposed 10 billion chip manufacturing joint venture. The pause follows the group's…
Ola Electric has postponed deliveries of its much-anticipated Roadster X motorcycle, originally scheduled for June 2024, to late Q3 2024. The company cites supply chain challenges…
Paytm's cloud computing arm has established a new subsidiary in the UAE with an initial investment of 2.1 million. This marks Paytm's strategic expansion into Middle Eastern…
The Tamil Nadu government has introduced a new scheme offering financial incentives to boost local manufacturing of electronics components. Aimed at strengthening the state's…
Ultrahuman lost a preliminary patent battle against Oura and may face US import bans on its health tracking devices. The ruling underscores the competitive intensity in wearable…
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