Mosaic Wellness has secured $20 million in funding from Think Investments. This investment further bolsters the wellness startup's financial resources. The funds will likely be…
10/04/20251 min read
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Mosaic Wellness has secured $20 million in funding from Think Investments. This investment further bolsters the wellness startup's financial resources. The funds will likely be…
BluSmart, an electric vehicle ride-hailing service, has reportedly delayed salaries, citing cash flow issues. This development indicates potential financial challenges for the EV…
Wakefit, a sleep solutions company, is reportedly eyeing an IPO Initial Public Offering of over $200 million and has selected three investment banks to manage the issue. This…
Cross-border logistics startup Xindus has secured $10 million in funding. This capital injection will support the company's expansion of its technology platform and its reach in…
Union Minister Ashwini Vaishnaw has urged UIDAI Unique Identification Authority of India to revise the Aadhaar law to align it with the recently enacted Digital Personal Data…
Fueling India's AI ambitions, Ather Energy is reportedly planning to further trim its IPO size. This adjustment to the electric vehicle manufacturer's IPO strategy suggests a…
Dixon Technologies is set to establish a ₹1,000 crore laptop manufacturing unit in Tamil Nadu. This significant investment boosts electronics manufacturing in the state and aligns…
Ranjan Pai's Claypond Capital has appointed Sekhar Garisa as its new Managing Director. This leadership change at the investment firm signifies a strategic move in its operations…
The board of Urban Company has approved a primary fundraise of ₹528 crore through an IPO Initial Public Offering . This decision marks a significant step for the home services…
Mosaic Wellness has raised $20 million at a valuation of $400 million. This funding round indicates strong investor confidence in the wellness startup. The capital infusion will…
The Delhi High Court dismissed TV9's plea against the Telecom Regulatory Authority of India's TRAI regulations on migration channels' bouquet offerings versus a-la-carte options.…
Kapil Sibal discussed raising ₹43 crore for lawyers through CSR Corporate Social Responsibility initiatives, with contributions from figures like Mukesh Ambani and Torrent. He…
The Rajasthan High Court has ordered the consolidation of the trial in 130 FIRs First Information Reports related to an investment fraud case. This decision aims to streamline the…
A Delhi court has sent Tahawwur Rana to 18 days of custody under the National Investigation Agency NIA . This development follows Rana's extradition to India, where he is wanted…
The NCLAT National Company Law Appellate Tribunal ruled that provident fund claims filed after the Committee of Creditors CoC has approved the resolution plan cannot be admitted…
The NCLAT ruled that the NCLT may waive the eligibility criteria under Section 244 b of the Companies Act in cases involving allegations of oppression and mismanagement that have…
The NCLAT National Company Law Appellate Tribunal held that a Resolution Professional RP can file a liquidation application under Section 33 of the IBC if the Corporate Insolvency…
The Delhi High Court ruled that a personal hearing under Section 161 of the DGST Act Delhi Goods and Services Tax Act can be dispensed with only if the assessee's rectification…
The ITAT Income Tax Appellate Tribunal extended relief to the owners of the Taj Hotel group by setting aside a reassessment action initiated based on an Enforcement Directorate ED…
The Lucknow District Consumer Commission held Liberty Shoes liable for failing to replace defective shoes within the warranty period. This ruling underscores the obligations of…
A Manipur MLA from an NDA ally also challenged the Waqf Amendment Act in the Supreme Court, stating that it violates the fundamental rights of Scheduled Tribes. This petition…
The All India Muslim Personal Law Board and the Imam of Bangalore Jama Masjid approached the Supreme Court against the Waqf Amendment Act, 2025. They are challenging the…
The Supreme Court reiterated that bail cannot be granted for offenses under Section 447 of the Companies Act, 2013, without fulfilling twin conditions. Section 447 pertains to…
The Jammu & Kashmir High Court delivered a ruling concerning the disclosure of material facts and compliance with Section 154 of the CrPC Criminal Procedure Code . Section 154…
The Punjab and Haryana High Court directed the Punjab government to frame guidelines for the welfare of female staff working in SPA centres, noting that under the guise of SPAs,…
The Punjab and Haryana High Court quashed an arbitrary cut-off date for applying for electricity connections, stating that basic amenities like electricity are a fundamental…
The Allahabad High Court ordered protection for an inter-faith couple and their minor daughter who had filed a petition seeking safety from potential harassment or threats due to…
The Bombay High Court ruled that an arbitrator is not barred from allowing the withdrawal of claims, provided that the legitimate interests of the other party are not prejudiced.…
The Allahabad High Court directed Noida to compensate an assessee for a penalty imposed under Section 73 of the GST Act, as the tax was deposited under the wrong head. The court…
The Delhi High Court observed that misbehaviour with opposing counsel in matrimonial disputes is unjustified and can amount to contempt of court. The court emphasized the need for…
The Patna High Court granted a divorce decree to a husband on the grounds of his wife's mental disorder, specifically schizophrenia, under the Hindu Marriage Act. The court…
The Chhattisgarh High Court ruled that an infirmity in the cheque return memo does not render the entire trial under Section 138 of the Negotiable Instruments Act a nullity.…
The NCLT National Company Law Tribunal ruled that an application under Section 7 of the IBC Insolvency and Bankruptcy Code based on an arbitral award cannot be admitted if filed…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal barred recovery under Section 87 of the Finance Act without prior revision of refund orders under Section 84. The…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal ruled that it lacks jurisdiction to entertain appeals over goods imported or exported as domestic baggage, as per…
The Bombay High Court sustained a ₹6 crore income tax addition made on account of bogus purchases, utilizing the "peak of purchases" method. This method involves estimating the…
The Allahabad High Court quashed a GST demand and allowed a fresh notice because the original notices were uploaded under an incorrect tab on the GST portal. The court held that…
The Madras High Court directed the customs authorities to pass a speaking order on the request of DRI Directorate of Revenue Intelligence officers for cross-examination under the…
The Faridabad Sessions Court denied bail to an accused involved in a ₹23.66 crore GST ITC Input Tax Credit fraud linked to 9 shell firms. The denial of bail suggests the…
The ITAT Income Tax Appellate Tribunal deleted a ₹10 lakh cash credit addition, finding the reassessment to be invalid due to the absence of tangible material. The tribunal held…
The Orissa High Court granted relief to a petitioner for a one-hour delay in filing an audit report. The court took a lenient view of the minor delay, recognizing that such short…
The ITAT Income Tax Appellate Tribunal directed the reconsideration of a school's tax exemption denial, citing a lack of proper hearing. The tribunal found that the tax…
The ITAT Income Tax Appellate Tribunal set aside a CITA Commissioner of Income Tax Appeals order for violating Rule 46A by admitting fresh evidence without allowing the Assessing…
Pine Labs has received the final nod from the NCLT National Company Law Tribunal for its reverse flipping to India. This corporate restructuring involves the company shifting its…
The Supreme Court held that a corruption case against a public servant cannot be quashed merely by stating the absence of a preliminary inquiry before the registration of the FIR…
An income tax notice was served to a man earning ₹7,500 per month. While the title is brief, a full summary would require knowing the reasons for the notice. It could be due to…
The MCA Ministry of Corporate Affairs penalized a company and its directors for failing to address auditors' remarks in their board reports for FY 2017-18 and 2018-19. Companies…
SEBI Securities and Exchange Board of India has raised the disclosure threshold for Foreign Portfolio Investors FPIs . This change in regulations will likely require FPIs holding…
The Madras High Court ruled that CENVAT Central Value Added Tax credit is not liable to lapse under Rule 11 3 i of the CCR CENVAT Credit Rules when a rebate claim is filed. The…
The ITAT Income Tax Appellate Tribunal remanded a matter related to cash deposits made during demonetization for reconsideration of evidence. The tribunal found that the Assessing…
Mosaic Wellness has secured $20 million in funding from Think Investments. This investment further bolsters the wellness startup's financial resources. The funds will likely be…
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