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IREDA Indian Renewable Energy Development Agency has received an EOW Economic Offences Wing complaint alleging that Gensol's promoters diluted equity without lender approval. This…
V-Startup River's revenue surged 21x to cross the INR 100 crore mark in FY25. This exponential growth indicates strong market traction and rapid adoption of River's products or…
Cars24 has laid off 200 staff members in a restructuring exercise. This workforce reduction by the online used car marketplace suggests a strategic realignment of its operations,…
Go Digit General Insurance reportedly saw its profit jump 22x during Q4 FY25. This substantial increase in profitability suggests a significant improvement in the company's…
Perfios, a fintech company, has reportedly acquired IHX Integrated Health Exchange , a healthcare information exchange firm, in its third acquisition this year. This move…
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…
MeitY Ministry of Electronics and Information Technology is stepping up efforts to tackle spam calls originating from Over-The-Top OTT platforms. This initiative aims to address…
Hocco cofounders' D2C healthy snacking brand, Phab, has secured $2 million in funding. This investment will likely fuel the brand's expansion, product development, and marketing…
Karnataka High Court stayed a ₹67 crore property tax demand issued by the BBMP Bruhat Bengaluru Mahanagara Palike against Hindustan Unilever. The court's stay provides temporary…
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…
Karnataka High Court is hearing a plea against the mandatory installation of smart meters by the Karnataka government. The petition likely raises concerns about the cost,…
Bombay High Court ruled that the deletion of names through a chamber summons would not render an appeal filed under Section 50 1 b of the Arbitration and Conciliation Act as not…
NCLAT's Principal Bench in New Delhi stated that financial creditors proceeding with a Section 7 application under IBC is not for recovery measures but for the resolution of…
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…
Delhi High Court set aside the detention of a Sikh individual by customs, stating that a 'kada' is usually worn as a personal effect. The court recognized the religious and…
Delhi High Court ordered fresh adjudication of a GST demand of over ₹10 crores that was raised without considering the assessee's stand. The court found that the tax authorities…
Bangalore District Consumer Disputes Redressal Commission held Lenskart liable for failing to replace defective spectacles within the warranty period. The commission found that…
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…
Urban Company has filed its DRHP Draft Red Herring Prospectus for a ₹1900 crore IPO. The IPO will comprise a fresh issue of shares and an Offer for Sale OFS by existing…
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…
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 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…
Delhi High Court quashed CBIC clarifications on duty drawback, holding that SIM insertion for unlocking mobile phones' region settings is "configuration." The court disagreed with…
Gensol's auditors are in trouble as NFRA National Financial Reporting Authority has joined the probe against the promoters for alleged financial irregularities. NFRA's involvement…
CESTAT dismissed a time-barred appeal filed under Section 128 of the Customs Act due to a delay beyond the permissible deadline. Section 128 specifies the time limit for filing…
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…
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.…
RBI is set to infuse ₹1.25 trillion worth of liquidity into the banking system through bond purchases. This measure by the central bank aims to ease tight liquidity conditions in…
MCA penalized a company and its directors for not maintaining a registered office, a fundamental requirement under the Companies Act for official communication and record-keeping.…
LG has reportedly postponed the IPO for its Indian unit due to unfavorable market conditions. This decision suggests that the South Korean electronics giant believes the current…
Urban Company has filed its draft papers for an IPO, which includes a fresh issue of shares and an Offer for Sale by investors like Tiger Global. This move signals the online home…
Zypp Electric's revenue reportedly jumped to ₹455 crore in FY25, and the electric vehicle logistics startup is eyeing EBITDA profitability in the coming quarters. This significant…
Karnataka High Court rejected actress Ranya Rao's bail plea in a multi-crore gold smuggling case, indicating the seriousness of the charges and the court's assessment of evidence…
OpenAI is reportedly considering reversing its recent GPT-4o update following multiple user complaints. This suggests that the latest iteration of their advanced AI model may have…
IDFC First Bank is set to soon cut its Fixed Deposit FD and savings accounts rates. This decision by the bank is likely influenced by prevailing market conditions, the overall…
CCPA Central Consumer Protection Authority is reportedly examining complaints regarding wallet refunds by BluSmart customers. This investigation follows concerns raised by…
MeitY Ministry of Electronics and Information Technology is stepping up efforts to tackle spam calls originating from Over-The-Top OTT platforms. This initiative aims to address…
Stellantis is set to debut China's Leapmotor EVs in India soon. This move signifies the increasing interest of global automotive players in the Indian electric vehicle market.…
V-Startup River's revenue surged 21x to cross the INR 100 crore mark in FY25. This exponential growth indicates strong market traction and rapid adoption of River's products or…
Cars24 has laid off 200 staff members in a restructuring exercise. This workforce reduction by the online used car marketplace suggests a strategic realignment of its operations,…
IREDA Indian Renewable Energy Development Agency has received an EOW Economic Offences Wing complaint alleging that Gensol's promoters diluted equity without lender approval. This…
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