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Eruditus clocked ₹3,733 crore in revenue for FY24 and narrowed its losses by 83%. This financial performance indicates significant growth and improved profitability. The company’s…
Bombay High Court ruled that there is no legal embargo on convenience stores remaining open 24/7. This ruling clarifies operational hours for retail businesses. This ruling…
Rajasthan High Court quashed a criminal case against a company for an e-commerce transaction TDS deposit delay. The court examined the reasonableness of criminal charges in…
NTPC is seeking interest from global companies for nuclear power plant technology. This initiative aims to enhance India's nuclear energy capabilities. The move reflects the…
Trinity has begun construction of Sky Palazzo Residences in Gurgaon, with a ₹1,200 crore investment, bringing the first-ever beach-front living concept to North India. This…
FurtherAI has secured $5 million in funding to develop specialized AI for insurance. This investment aims to enhance AI applications in the insurance industry. The funding…
Uber has launched "Uber for Teens" in 37 Indian cities. This service aims to provide safe and reliable transportation for teenagers. The launch reflects Uber's expansion into new…
The IT department has rejected PB Fintech subsidiary's ₹86 crore expense claim and issued a ₹9 crore demand notice. This action highlights the scrutiny of expense claims by tax…
Kerala High Court addressed a case involving an advocate being summoned in a criminal investigation. The court clarified the rights and obligations of advocates in such…
Madras High Court considered a citizenship application of an Indian woman with Sri Lankan parents. The court addressed the complexities of citizenship laws in cases involving…
Kerala High Court issued an interim order regarding the arrest of parents in the Walayar rape and death case. This ruling aims to ensure proper investigation and accountability.…
Revised investment and turnover criteria from April 1st will help MSMEs. This change aims to simplify compliance and promote growth for small businesses. The revised criteria will…
Maharashtra has allowed EV bike taxis to operate in the state. This move aims to promote electric vehicle adoption and improve urban transportation. The decision reflects the…
Eruditus clocked ₹3,733 crore in revenue for FY24 and narrowed its losses by 83%. This financial performance indicates significant growth and improved profitability. The company’s…
Meesho co-founders exercised 2.7 lakh options ahead of the company’s IPO. This move signals confidence in the company’s future performance. The options exercise is a common…
Matrix and Blume have invested in D2C fashion brand Freakins. This funding aims to support Freakins’ expansion and market growth. The investment reflects confidence in the D2C…
The Supreme Court reiterated that quasi-judicial bodies are bound by the principles of res judicata. This ruling reinforces the importance of finality in legal decisions. This…
ITAT upheld the CIT A 's decision to allow TDS credit after verification, despite the taxpayer's failure to claim it in the return. The tribunal's decision ensures that taxpayers…
ITAT upheld the CIT A 's deletion of ₹5.92 crore addition for ad-hoc disallowance of expenses due to lack of documents. The tribunal's decision protects taxpayers from arbitrary…
CCI cleared Groww’s bonus shares and founders’ special rights to end before its IPO. This decision aligns with regulatory standards for fair market practices. The clearance…
Bombay High Court fined Anil Ambani ₹25,000 for seeking an urgent hearing in a tax notice case. The court penalized the applicant for wasting judicial time. This action…
The Supreme Court ruled that NCLAT exceeded its jurisdiction and misapplied foreign law in the DHFL insolvency case. This decision clarifies the boundaries of NCLAT’s authority in…
Karnataka High Court quashed a 2015 rape case against Raghaveshwara Bharati Swami. The court examined the evidence and legal proceedings. This ruling clarifies criminal…
Bombay High Court ruled that there is no legal embargo on convenience stores remaining open 24/7. This ruling clarifies operational hours for retail businesses. This ruling…
DGFT notified the supply of essential commodities to Maldives for FY 2025-26 under a bilateral agreement. This notification ensures continued trade relations between India and…
ITAT remitted a matter to the AO due to non-prosecution of appeal caused by non-issuance of notices. The tribunal's decision ensures that procedural errors do not prejudice…
NCLT ruled that advance payment received by a corporate debtor for the future supply of goods is an operational debt under IBC. This decision clarifies the definition of…
Delhi High Court ruled that customs must preserve CCTV footage upon receiving a complaint of officials illegally seizing foreign currency from travelers. This decision emphasizes…
CESTAT ruled that a refund claim for service tax cannot be claimed on transactions that took place beyond the territorial jurisdiction of India. The tribunal clarified the limits…
Over 4 crore farmer IDs have been issued so far under the Digital Agriculture Mission. This initiative aims to digitize agricultural processes and improve farmer access to…
CESTAT ruled that there is no exemption from excise duty on pendants as jewellery, not distinguishable on the basis of purity of gold, and imposed excise duty. The tribunal…
Rajasthan High Court quashed a criminal case against a company for an e-commerce transaction TDS deposit delay. The court examined the reasonableness of criminal charges in…
NCLT ruled that the threshold limit for initiating the insolvency process against personal guarantors shall be the same as that of the corporate debtor. This decision ensures…
ITAT favored JCB India, rejecting arbitrary royalty adjustments, and directed the TPO to follow advance pricing agreement standards. The tribunal's decision protects taxpayers…
ICAI has launched an online panel to address bank branch audit queries. This initiative aims to streamline the audit process for bank branches. The online platform will provide…
Calcutta High Court ruled that a court can refuse to refer a dispute to arbitration under Section 11 of the Arbitration Act when a time-barred claim is evident from the record.…
Bombay High Court ruled that a father being addicted to vices is not a ground for a mother to claim the right to be a single parent and mask the child's paternity. The court…
Calcutta High Court ruled that a composite reference of disputes from distinct purchase orders to arbitration is valid when party conduct indicates a single transaction. This…
Madras High Court quashed disciplinary proceedings conducted in two weeks. The court emphasized the need for fair and adequate time in disciplinary proceedings. This ruling…
Kerala High Court addressed a case involving an advocate being summoned in a criminal investigation. The court clarified the rights and obligations of advocates in such…
GST revenue for March increased by 9.9% year-over-year, reaching ₹1.96 lakh crore. This growth indicates a strong performance in indirect tax collections. The rise in revenue…
Karnataka High Court addressed the operations of rapido in Bengaluru. The court examined the legality of ride-hailing services. This ruling clarifies transportation law. This…
Karnataka High Court ruled that a petition under Section 34 of the Arbitration Act cannot be decided without summoning the entire arbitration record to verify service of notice.…
Indian startups raised $3.1 billion in Q1 2025, but funding momentum remains flat. This data indicates a stable but not growing investment environment. The funding figures reflect…
Chhattisgarh High Court addressed a closure report filed in a POCSO case related to Mohammed Zubair's 2020 tweet. The court reviewed the handling of sensitive cases involving…
Karnataka High Court delivered a judgment in an ED case against MUDA commissioner Natesha. The court examined the legality of ED actions in corruption cases. This ruling clarifies…
Karnataka High Court stayed bar council disciplinary proceedings against an advocate using vulgar language. The court reviewed the limits of disciplinary actions against lawyers.…
Karnataka High Court ordered the government to stop using the term "Dalit" in official circulars, favoring "Scheduled Castes." The court addressed the appropriate terminology in…
Madras High Court ruled that occupied Grama Natham land is not government land but private property. This decision clarifies land ownership rights in occupied Grama Natham lands.…
Punjab & Haryana High Court quashed a defamation case against journalists who reported Bhagwant Mann's statements about MLA Nazar Manshahia. The court ruled that reporting public…
Eruditus clocked ₹3,733 crore in revenue for FY24 and narrowed its losses by 83%. This financial performance indicates significant growth and improved profitability. The company’s…
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