News & Judgements

Foreign investments in Indian government bonds have exceeded ₹3 trillion, driven by expectations of an interest rate cut by the RBI in April, potentially leading to capital gains…

India has repealed the 6% "Google tax" on online advertisements, aiming to smooth trade negotiations with the US and mitigate potential tariffs affecting its pharmaceutical,…

The Maharashtra government has scrapped the 6% tax on electric vehicles EVs above ₹30 lakh. This decision aims to promote the adoption of high-end EVs in the state. The tax…

The ITAT quashed a reassessment order, finding it invalid due to being based on incorrect presumptions. The tribunal held that the reassessment was initiated without proper legal…

Piramal Finance plans to foray into the gold loan business for growth. This expansion aims to diversify Piramal Finance's lending portfolio. The move is expected to drive growth…

A Ponda woman, denied a flat despite paying the builder, was ordered to receive a refund of ₹17 lakh. This ruling protects consumer rights in real estate transactions. The court's…

SEBI is limiting derivative expiry to Tuesdays or Thursdays for NSE weekly index options. This move aims to reduce market volatility and enhance trading efficiency. The new rule…

India Inc. raised a record ₹3.8 lakh crore in FY25 from equity and debt markets. This substantial capital raising highlights the robust financial activity in the Indian corporate…

OpenAI is close to finalizing a $40 billion SoftBank-led funding round at a $300 billion valuation. This substantial investment reflects the high investor confidence in OpenAI's…

The World Bank's IFC is backing Alteria Capital's short-term venture debt fund. This investment aims to provide crucial financing to early-stage ventures. This support will help…

MobiKwik has reported a loss of INR 1.3 crore due to fraud. This incident highlights the challenges of financial security in the digital payments sector. The company is taking…

Jio Financial Services is bolstering its non-banking financial company NBFC arm with an INR 1,000 crore infusion. This capital injection aims to strengthen the NBFC's lending…

OneStack has secured $2 million to boost the digital capabilities of cooperative banks. This funding aims to modernize the technology infrastructure of cooperative banks. The…

Cult.fit has shortlisted five bankers for its INR 2,500 crore initial public offering IPO . This move indicates Cult.fit's plans to go public and raise capital for expansion. The…

Amazon Fresh is expanding its presence to 170 cities in India. This expansion aims to increase the availability of fresh groceries and household essentials to a wider customer…

The Delhi High Court will hear a trademark infringement suit between Tesla and Tesla, as mediation efforts have failed. This legal battle highlights the complexities of brand…

BluSmart has broken down its growth strategy, as Groww eyes a potential $200 million investment. This development indicates significant investor interest in BluSmart's business…

Abound has raised $14 million to boost cross-border finance for Indian Americans. This funding aims to facilitate financial transactions between India and the United States. The…

Algobulls has reported a 44x revenue jump in FY24 and has swung to positive EBITDA. This financial performance indicates strong growth and profitability. The company's success…

Jindal Stainless has invested $18 million in Amazon-backed M1xchange. This investment aims to enhance Jindal Stainless's supply chain finance capabilities. The partnership with…

Geniemodes has completed its Series C funding round, with a detailed analysis of its valuation and cap table. The funding round provides significant capital for the company's…

The Calcutta High Court has quashed a criminal case against Audi India officials concerning car brake failures. The court found insufficient evidence to support the criminal…

A Bengaluru Sessions Court has rejected Ranya Rao's bail plea in a gold smuggling case. The court's decision underscores the seriousness of the charges. This ruling highlights the…

The National Company Law Tribunal NCLT has ordered a status quo on Aakash Institute's shareholding. This order maintains the current shareholding structure, preventing any…

The Allahabad High Court has refused to order action against the manufacturer of Tiranga Agarbattis incense sticks . The court found no legal basis to prohibit the production or…

The central government plans to launch Sahkar Taxi to compete against Ola and Uber. This initiative aims to provide affordable and reliable taxi services through cooperative…

Ola Electric has received relief as Rosmerta has withdrawn its insolvency pleas from the NCLT. This development averts potential insolvency proceedings against Ola Electric. The…

The Madras High Court, in a gaming industry hearing, stated that only online rummy affects health, not games like Netflix or Candy Crush. This distinction highlights the court’s…

The Kerala High Court has ruled that the customs department cannot invoke expired bank guarantees. The court emphasized that bank guarantees have a defined validity period, and…

The CESTAT has ruled that a customs broker cannot be faulted for trusting government-issued certificates. The tribunal emphasized that customs brokers rely on the authenticity of…

The Supreme Court has ruled that a homebuyer cannot be forced to accept possession of a flat after a long delay and is entitled to a refund. The court emphasized that undue delays…

The Baramulla District Commission has ruled that the non-settlement of an insurance claim within the stipulated timeframe constitutes an unfair trade practice. The commission…

The Allahabad High Court has ruled on the powers of an Additional Commissioner of Police to possess assets under the Securitisation and Reconstruction of Financial Assets and…

The Rajasthan High Court has ruled that a Joint Assessing Officer JAO lacks jurisdiction to issue income tax reassessment notices under Section 148. The court's decision clarifies…

The Madras High Court has directed the police not to harass the co-founder of Rippling in a matrimonial dispute. The court's ruling aims to protect individuals from undue police…

The Karnataka High Court has addressed an Enforcement Directorate ED search involving a former MUDA Commissioner. The court's ruling clarifies the scope of ED's powers and the…

The Jammu & Kashmir High Court has criticized an Executive Engineer in an illegal contract procurement case. The court's ruling underscores the importance of transparency and…

The Madhya Pradesh High Court has ruled that an application under Section 94 of the IBC cannot be entertained against sole proprietorship firms. The court clarified that the IBC…

The Andhra Pradesh High Court has ruled on the requirement of a No Objection Certificate NOC for establishing a petrol pump, considering public safety. The court's decision…

The Karnataka High Court has ruled on the legality of Enforcement Directorate ED summons issued to an accused who is not named in the scheduled offense under the Prevention of…

The Orissa High Court has delivered a judgment on the release of a seized vehicle under Section 52A of the Narcotic Drugs and Psychotropic Substances NDPS Act. The court's ruling…

The Gujarat High Court has ruled that a notice under Section 263 of the Income Tax Act cannot be issued by an authority after the approval of a resolution plan under Section 31 of…

The Orissa High Court has ruled on the appointment of an arbitrator without an arbitration agreement, addressing the Arbitration and Conciliation Act. The court clarified that an…

The Delhi High Court has clarified that courts have wide powers under Section 9 of the Arbitration Act, not confined solely to orders under Order XXXIX Rules 1 and 2 of the Civil…

The Meghalaya High Court has ruled on a murder convict's remission plea rejection and the applicability of Supreme Court guidelines. The court upheld the rejection, emphasizing…