Ather Energy's IPO saw the retail portion being 63% subscribed on the first day. This indicates the initial response from individual investors to the electric scooter…
28/04/20251 min read
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Ather Energy's IPO saw the retail portion being 63% subscribed on the first day. This indicates the initial response from individual investors to the electric scooter…
HexaHealth, a healthtech startup, is set to raise ₹37 crore through a preferential issue of shares. This method of fundraising involves issuing shares to a select group of…
BluSmart, an electric vehicle ride-hailing service, is reportedly seeking climate funds to revive its operations. This suggests that the company may be facing financial challenges…
Exclusive reports indicate that Livspace, a home interior design and renovation platform, has received INR 427 crore in funding from its Singapore-based parent company through a…
Tesla is reportedly expanding its India presence with a new office in Maharashtra. This development indicates the electric vehicle giant's continued commitment to the Indian…
Perfios, a fintech company, has reportedly acquired IHX Integrated Health Exchange , a healthcare information exchange firm, in its third acquisition this year. This move…
Dixon Technologies is reportedly planning to foray into electronics component manufacturing. This strategic move would expand Dixon's existing business of assembling electronic…
The government, under the PM e-Drive initiative, aims to cut the processing time for EV electric vehicle subsidy claims. This move is intended to encourage the adoption of…
Rapido, a bike taxi service, is reportedly planning for a food delivery pilot in Bengaluru soon. This signifies the company's diversification into the food delivery segment,…
Zepto, a quick commerce startup, is reportedly in talks to raise ₹1500 crore in debt. This potential debt financing could be aimed at fueling the company's rapid expansion,…
Urban Company has reportedly filed its DRHP Draft Red Herring Prospectus to raise ₹1900 crore through a primary issue and an Offer for Sale OFS . This move signals the online home…
Meesho, an e-commerce platform, is reportedly renaming its legal entity ahead of a potential $1 billion IPO Initial Public Offering . Renaming a legal entity before a major event…
Nat Habit, a personal care brand, reportedly saw its revenue grow by 80% in FY24, while its losses remained flat. This indicates a strong growth in sales for the company,…
India has reportedly blocked over 16 Pakistani YouTube accounts. This action by the Indian government likely stems from concerns about the content being disseminated through these…
Karnataka High Court rejected Qatar Holdings' plea against Byju's and ordered a status quo on asset alienation. Qatar Holdings had likely sought some form of relief or…
Supreme Court sought the Central government's response to a plea seeking regulation of explicit content on Over-The-Top OTT platforms. The plea likely raises concerns about the…
Supreme Court allowed Ranveer Allahbadia BeerBiceps to travel abroad after the police concluded their probe against him. This permission indicates that the investigation against…
Punjab and Haryana High Court stayed a police notice issued to actors Raveena Tandon, Farah Khan, and Bharti Singh. The stay order provides temporary relief to the actors,…
Delhi High Court dismissed BSNL's appeal in a ₹4352 crore arbitration case. The dismissal implies that the High Court upheld the arbitral award against the state-owned…
NCLT National Company Law Tribunal , Delhi, ruled that claims for interest based on a RERA Real Estate Regulatory Authority order do not automatically qualify as "financial debt"…
Delhi High Court held that the JCIT Joint Commissioner of Income Tax is not empowered to issue sanction for reassessment under the proviso to Section 151 1 of the Income Tax Act.…
Delhi High Court ruled that the value determined at the Section 148AD stage likely related to income escaping assessment is relevant to determine the threshold under Section 149…
CESTAT held that suppression or willful concealment cannot be attributed when departmental authorities themselves differ on the taxability of services. The tribunal reasoned that…
Delhi High Court flagged the rampant misuse of the duty drawback scheme by exporters and stated that there is no limitation period for proceeding against the availment of excess…
Allahabad High Court held that claims of the GST department are barred once a resolution plan is approved by the NCLT National Company Law Tribunal under the Insolvency and…
Delhi High Court clarified that the right to cross-examine is not an unfettered right at the Show Cause Notice SCN stage under the CGST Act and that the party must specify reasons…
NCDRC held Hamilton Heights liable, stating that offering possession of a flat without obtaining an occupation certificate is illegal. The National Consumer Disputes Redressal…
The Supreme Court upheld the life sentence of a police inspector in a Tamil Nadu honour killing case for fabricating evidence against Dalits. This ruling underscores the…
The Supreme Court dismissed a plea seeking guidelines to regulate ticket scalping or black marketing for the Coldplay concert. The court likely reasoned that regulating ticket…
The Supreme Court held that Sharia courts, courts of Kazi, etc., have no legal recognition in India, and their directions are not binding. The apex court clarified that while…
Karnataka High Court passed an order regarding the burial of a migrant laborer who died in a police encounter. The court's involvement in such a matter likely pertains to ensuring…
Bombay High Court ruled that an arbitrator cannot be substituted under Section 29A 6 of the Arbitration and Conciliation Act unless the grounds mentioned under Sections 14 and 15…
Karnataka High Court issued an order concerning cyber command centers in Karnataka. The specifics of the order would depend on the context of the case brought before the court.…
Bombay High Court dismissed an appeal against an order passed under Section 9 of the Arbitration and Conciliation Act, which had injuncted the owner of Kapani Resorts from…
Delhi High Court, in a case involving San Nutrition, defamation, and trademark infringement against influencers, prima facie considered their statements as fair comment. The…
Allahabad High Court denied relief to a suspended SHO Station House Officer in the Hathras gang rape and murder case, citing insensitivity. The case involved a highly publicized…
Allahabad High Court held that an order under Section 75 6 of the GST Act must be self-contained and that mere references to Show Cause Notices SCNs are not sufficient. Section 75…
Karnataka High Court quashed an SC/ST case filed against Infosys co-founder Kris Gopalakrishnan. The details of the allegations and the reasons for quashing the case would be…
Orissa High Court rejected the bail application of IAS officer Manish Agarwal in a case related to abetment of suicide. The rejection of bail suggests that the court found…
Allahabad High Court ruled on the release of seized property before the completion of trial under Section 451 of the Criminal Procedure Code CrPC . This section empowers courts to…
Punjab and Haryana High Court directed the expeditious establishment of a fast-track POCSO Protection of Children from Sexual Offences court. This directive underscores the…
Madras High Court held that the provisions of Section 26E of the SARFAESI Act and Section 34 of the RDB Act prevail over Section 24 of the TNGST Act. This ruling, similar to the…
Rajasthan High Court granted relief to a visually impaired candidate who was denied appointment to the Rajasthan Administrative Services RAS . The court likely found that the…
Karnataka High Court delivered a judgment concerning illegal arrest and non-supply of grounds of arrest, referencing Article 22 of the Constitution of India. Article 22 guarantees…
Himachal Pradesh High Court ruled against granting an injunction to a land encroacher against the true owner of the land. An injunction is a court order restraining a party from…
Delhi High Court allowed the CBI's request for the remand of government officials who were allegedly involved in a conspiracy to take bribes, stating that custodial interrogation…
Allahabad High Court held that it is mandatory to fill Part B of the e-way bill for transactions occurring after April 2018. The e-way bill is a document required for the movement…
Chhattisgarh High Court allowed a petition for the regularization of service of an "Aushdhalay Sevak" pharmacist assistant who had been working on a daily wage basis for two…
Madras High Court set aside the discharge of Minister Durai Murugan in a disproportionate assets DA case. A discharge order by a lower court terminates the criminal proceedings…
Allahabad High Court noted a ₹74,000 Lok Adalat award against the Life Insurance Corporation LIC for litigation costs. Lok Adalats are forums for alternative dispute resolution,…
Ather Energy's IPO saw the retail portion being 63% subscribed on the first day. This indicates the initial response from individual investors to the electric scooter…
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