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The Supreme Court upheld the disallowance of Input Tax Credit ITC for a dealer on tax-exempt sales under Section 7 c of the Uttar Pradesh VAT Value Added Tax Act. The apex court…
The NCLAT dismissed IDBI Bank's insolvency plea against Zee Entertainment Enterprises Ltd., citing Section 10A of the IBC, which provided protection against insolvency proceedings…
The Calcutta High Court upheld the action of the Railway Protection Force RPF and income tax authorities in seizing exhibition gold worth ₹4.71 crore at a railway station due to a…
GujRERA Gujarat Real Estate Regulatory Authority has taken action against a builder for engaging in pre-bookings of real estate projects. RERA regulations typically prohibit…
The Uttar Pradesh government has increased the Dearness Allowance DA rate on basic salary for state employees from 53% to 55%. This hike provides financial relief to state…
Granules India has completed the acquisition of Swiss CDMO Contract Development and Manufacturing Organization Senn Chemicals AG. This acquisition marks a strategic expansion for…
BYJU'S Alpha, a term loan lender, has filed a lawsuit against BYJU Raveendran and his brothers, Riju and Gokulnath, alleging a fraudulent transfer of $533 million. The lawsuit…
IndiGo has become the world's most valuable airline by market capitalization. This achievement reflects the airline's strong operational performance, efficient cost management,…
The Delhi High Court stated that procedural issues in tax matters, such as refund delays and non-communication, can be disposed of on the first hearing if the tax department…
The RBI has reduced the repo rate by 25 basis points to 6 percent. This decision by the central bank aims to lower borrowing costs for banks, which is expected to translate into…
Canva has launched its Visual Suite, featuring 20 new AI-powered tools aimed at enhancing content creation. These tools leverage artificial intelligence to streamline design…
Urban Company has received board approval to raise INR 528 crore through an Initial Public Offering IPO . This decision marks a significant step for the online home services…
Flipkart is reportedly planning to double down on its quick commerce initiatives in 2025. This strategic focus indicates the e-commerce giant's ambition to capture a larger share…
Eternal, a venture builder, has initiated the liquidation of Zomato Netherlands. This move suggests a strategic decision by Eternal to exit its investment or operations related to…
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…
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 Telangana High Court is hearing a PIL against the Aga Khan Trust for Culture concerning the conservation work at the Qutub Shahi Tombs. The PIL likely raises concerns about…
Real estate project registrations in Ahmedabad have reportedly increased by 6% despite sluggish demand. This seemingly counterintuitive trend could be attributed to factors such…
The Goa government has given its green light to a valuation bill aimed at simplifying the valuation process for various purposes. This legislative move is intended to streamline…
BharatPe's group company has received a payment aggregator PA license from the RBI. This regulatory approval will enable the BharatPe group to further expand its digital payment…
Amazon has introduced Nova Sonic, a new foundation model for voice AI. This development signifies Amazon's continued investment in and advancement of its voice technology…
The Reserve Bank of India RBI has lowered its inflation projection for FY26 to 4%. This revised forecast indicates the central bank's expectation of a moderation in the rate of…
Ola Electric has partnered with EY to bolster its regional compliance and retail expansion efforts. This collaboration aims to strengthen Ola Electric's adherence to regulatory…
RBI Governor Shaktikanta Das stated that the National Payments Corporation of India NPCI will decide on the limits for UPI Unified Payments Interface merchant transactions. This…
Zepto has reportedly reached an annualized gross merchandise value GMV of $4 billion in the quick commerce sector. This milestone highlights the rapid growth and scale achieved by…
Indigo's parent company, InterGlobe Enterprises, is reportedly set to acquire a majority stake in Treebo Hotels. This potential acquisition would mark Indigo's entry into the…
Indian MSMEs Micro, Small, and Medium Enterprises are reportedly wary of a rapid adoption of Artificial Intelligence AI due to concerns about data privacy, according to Tally…
Noise has secured $20 million in funding from its existing investor, Bose. This follow-on investment by the audio equipment giant demonstrates continued confidence in the Indian…
Google and other major technology companies have expressed interest in participating in India's AI compute infrastructure development. This indicates the growing recognition of…
BharatPe has received approval from the Reserve Bank of India RBI to operate as a payment aggregator. This license will enable BharatPe to facilitate online transactions between…
Nodwin Gaming is bolstering its presence in the US esports market with the establishment of a new entity. This strategic expansion signifies the Indian gaming company's ambition…
Ather Energy is likely to reduce its IPO Initial Public Offering size amidst current market uncertainty. This potential scaling down of the IPO suggests that the electric scooter…
Snacking brand Let's Try has secured $2.5 million in funding from SWC Global and other investors. This capital infusion will support the brand's growth in the competitive…
Apple's partner, Globalstar, has reportedly filed for entry into India's satcom satellite communications market. This move indicates the potential expansion of satellite-based…
InCred Alternatives has reached the final close of its maiden private equity fund. This signifies successful fundraising by the alternative investment arm of InCred Financial…
The RBI has allowed NPCI National Payments Corporation of India to revise UPI Unified Payments Interface limits for Person-to-Merchant P2M transactions. This move provides…
The Karnataka High Court is hearing the bail petition of actress Ranya Rao in a gold smuggling case. The court's involvement indicates that Rao has been arrested and is seeking…
The Delhi High Court is hearing a case related to privacy violation involving videos of Shazia Ilmi and has issued notices to social media platforms X Corp formerly Twitter and…
The Supreme Court upheld the disallowance of Input Tax Credit ITC for a dealer on tax-exempt sales under Section 7 c of the Uttar Pradesh VAT Value Added Tax Act. The apex court…
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