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Okinawa Autotech Pvt Ltd, an electric two-wheeler manufacturer, experienced a significant 87% nosedive in its revenue, falling to ₹182 crore in FY24. This sharp decline indicates…
Mehul Choksi, the Indian jeweller accused of defrauding Punjab National Bank of nearly $2 billion in 2018, has been arrested in Belgium, according to India's Enforcement…
Plugzmart, an Indian startup, has received ARAI Automotive Research Association of India nod for its indigenous EV electric vehicle charger. This certification is a significant…
Uniqus Consultech, a financial consulting firm, is reportedly in talks to raise $20 million in a fresh funding round. This indicates that the company is seeking external capital…
CollegeDunia, a bootstrapped ed-tech platform, achieved ₹200 crore in revenue and is aiming for a 3x growth and a potential IPO in the next 5 years. This indicates a strong…
Just Dogs, a pet care retail chain, neared ₹100 crore in revenue in FY24, indicating significant growth in its business operations. However, the company also experienced a…
Okinawa Autotech Pvt Ltd, an electric two-wheeler manufacturer, experienced a significant 87% nosedive in its revenue, falling to ₹182 crore in FY24. This sharp decline indicates…
The Bombay High Court has directed the state of Maharashtra to frame a policy to deal with vehicles seized by the police. This order likely stems from concerns regarding the…
EaseMyTrip has allotted 12.57 crore shares for various acquisitions. This issuance of new shares is a common method for companies to fund acquisitions, allowing them to conserve…
The NCLAT National Company Law Appellate Tribunal ruled that a mortgagee bank cannot seek the exclusion of a property from a resolution plan approved by unit holders who possess…
The Kerala High Court granted bail to a 91-year-old accused. While the specifics of the case are not detailed in the title, the granting of bail to such an elderly individual…
Abhishek Lodha and Abhinandan Lodha have settled a ₹5000 crore trademark dispute through mediation. This significant resolution demonstrates the effectiveness of alternate dispute…
The Delhi High Court has allowed Hauz Khas Social, a popular establishment, to resume serving alcohol. The reasons for the initial restriction and the subsequent permission to…
The Karnataka High Court has quashed caste discrimination proceedings initiated against an education society. The court's decision likely rested on the lack of sufficient evidence…
The Calcutta High Court declined to stay an order issued by the Food Safety and Standards Authority of India FSSAI against the sale of a prohibited batch of Dabur Honey. The court…
The Andhra Pradesh High Court is dealing with a case involving visitation rights for a son who is a witness against his father in a legal matter. The specifics of the case likely…
The Himachal Pradesh High Court ruled that a delay beyond the prescribed period under Section 34 3 of the Arbitration and Conciliation Act cannot be condoned due to the…
The Punjab and Haryana High Court emphasized that a pragmatic approach is warranted to combat the rising trend of real estate fraud. While the specific details of the case are not…
The Madras High Court convicted a DRT Debt Recovery Tribunal Recovery Officer in a corruption case. This ruling underscores the judiciary's commitment to holding public officials…
The Gujarat High Court has expressed its disapproval of the state government's passive role and the delays in challenging writ orders passed by the court. The court emphasized the…
The Kerala High Court is currently addressing matters related to the Karuvannur Service Cooperative Bank scam, with police investigations underway. The case involves allegations…
The Chhattisgarh High Court has ruled that pension is a hard-earned benefit and should be considered as property under Article 300-A of the Constitution of India. The court…
The Supreme Court has directed the Chandigarh Administration to refund the forfeited bid amount to a party involved in an arbitration related to a film city project. The court…
The Karnataka Real Estate Regulatory Authority RERA has held Ozone Urbana Infra Developers liable for failing to complete and hand over a plotted development to a buyer. The…
Taj GVK Hotels has received a service tax demand related to an alleged mismatch in the availment of abatement. Abatement in service tax allows for a reduction in the taxable value…
The Bangalore District Consumer Disputes Redressal Commission held Niva Bupa Health Insurance Co. liable for the wrongful repudiation of a valid claim. The commission found that…
The Allahabad High Court has addressed a case concerning the cancellation of a seller's registration and the grant of Input Tax Credit ITC . The ruling likely pertains to the…
The Kerala High Court has ruled that the detention of goods under Section 129 of the GST Act for undeclared goods is valid. However, the court also directed the release of the…
The Kerala High Court has held that the time to deposit the balance e-auction bid amount can be extended under Article 226 of the Constitution in exceptional cases. The court…
The Income Tax Appellate Tribunal ITAT has directed that cash deposits made during demonetization should be taxed at the normal 30% rate, citing Section 115BBE of the Income Tax…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT has ruled in favor of BSNL, stating that materials used in mobile tower installation qualify as 'inputs' under Rule 2…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT has ruled against Infosys, stating that updates and upgrades provided under an Annual Technical Support ATS invoice…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT has ruled that the process of crushing chillies into powder does not constitute 'manufacture' under the Central…
The Kerala High Court quashed proceedings under the Prevention of Corruption PC Act against a GST Intelligence Officer who was accused of demanding ₹1.5 crores as illegal…
The Kerala High Court has ruled that a college supplying food through a canteen run by an educational trust must register under the Kerala Value Added Tax KVAT Act. The court held…
The Jharkhand High Court granted relief to Castrol India Ltd., holding that the rejection of withholding tax refunds beyond the prescribed period without any valid justification…
The Madras High Court has stated that goods exempted from customs duty may still be subject to the levy of additional duty. This observation clarifies that a customs duty…
The Kerala High Court has ruled that the sale of lottery tickets does not fall under the definition of 'auxiliary service' and therefore, service tax is not payable on it. The…
The Income Tax Appellate Tribunal ITAT has ruled that capital gains arising from mutual fund investments made by non-residents are not taxable in India. This decision provides…
The Income Tax and GST departments in India are collaborating to reopen old income tax assessments based on discrepancies found in GST invoices and instances of fake Input Tax…
Dabur's popular digestive tablet, Hajmola, has come under the scrutiny of the Goods and Services Tax GST authorities, leading to uncertainty about its applicable tax rate. The…
Karnataka's apartment owners are facing a potential financial strain as the Goods and Services Tax GST authorities have imposed an 18% tax on maintenance fees. This decision has…
Over 9.19 crore Income Tax Returns ITRs were filed in India for the Financial Year 2024-25 by the deadline of March 31, 2025. This significant number indicates a high level of tax…
Mehul Choksi, the Indian jeweller accused of defrauding Punjab National Bank of nearly $2 billion in 2018, has been arrested in Belgium, according to India's Enforcement…
The Patna High Court upheld the validity of an income tax reassessment notice, reasoning that the initial notice was issued within the prescribed limitation period. The court…
UPI Unified Payments Interface in India has reportedly faced its third outage. Frequent disruptions in the widely used digital payment system raise concerns about the reliability…
Delhi's EV policy is projected to potentially create 20,000 jobs, with a focus on battery swapping and charging infrastructure. The government's initiative to promote electric…
Plugzmart, an Indian startup, has received ARAI Automotive Research Association of India nod for its indigenous EV electric vehicle charger. This certification is a significant…
MoEngage, a customer engagement platform, is reportedly looking to move its domicile back to India. This "desh wapsi" return to home country trend has been observed among some…
PhonePe has widened its lead over Google Pay in March's UPI Unified Payments Interface transaction rankings by CRED. In contrast, CRED's own UPI ranking slipped to 7th. This data…
Okinawa Autotech Pvt Ltd, an electric two-wheeler manufacturer, experienced a significant 87% nosedive in its revenue, falling to ₹182 crore in FY24. This sharp decline indicates…
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