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Bajaj Allianz Life has launched the 'Bima ASBA' facility, a new UPI-enabled payment mechanism for policy premiums. This innovation aims to simplify and streamline premium…
Pepperfry's FY24 revenue declined by 31% to INR 189 crore. This decline highlights the challenges faced by e-commerce companies in a competitive market. It underscores the impact…
Bajaj Electricals faces a substantial GST demand in crores, prompting a detailed review of their tax compliance. This development underscores the stringent scrutiny by tax…
Investcorp has onboarded Vivek Agarwal as Senior Operating Partner for India. This appointment highlights Investcorp's focus on strengthening its operations in India. It…
Meta eyes India expansion, planning to hire engineers and AI talents for its new Bengaluru hub. This expansion highlights Meta's commitment to investing in India's tech ecosystem.…
BluSmart has repaid INR 30 crore after defaulting on bonds. This repayment highlights the company's efforts to address financial obligations. It underscores the importance of…
Unicommerce shares have plunged 4% to hit a fresh all-time low. This market movement highlights the volatility in the stock market. It underscores the impact of investor sentiment…
Veranda Learning has acquired stakes in BB Virtuals and Navkar Digital. This acquisition highlights the company's expansion strategy in the education sector. It underscores the…
MobiKwik has acquired a 33.9% stake in Blostem Fintech for INR 149 crore. This acquisition highlights MobiKwik's strategic expansion into the fintech lending space. The move…
Schneider Electric plans to open three new plants in India. This expansion highlights the company's commitment to expanding its manufacturing footprint in India. The move reflects…
Zepto Cafe has hit a 1 lakh order per day milestone, as announced by Aadit Palicha. This achievement highlights the rapid growth of the quick commerce sector. It underscores the…
MobiKwik shares have dropped 6% to hit a fresh all-time low. This market movement highlights the volatility in the stock market. It underscores the impact of investor sentiment.…
Zoho founder has taken a dig at DocuSign's overpriced model. This statement highlights the competitive dynamics in the software industry. It underscores the importance of…
KiranaPro has roped in PV Sindhu as an investor. This partnership highlights the growing convergence of sports and business. It underscores the importance of strategic celebrity…
Delta is expanding its India operations with a $500 million investment. This investment highlights the company's confidence in the Indian market. It underscores the importance of…
Oxyzo has secured ₹100 crore in debt. This funding highlights investor confidence in the company's business model. It underscores the importance of diversifying funding sources.…
The CESTAT has set aside a penalty due to the lack of goods confiscation. The tribunal held that penalties cannot be imposed when there is no confiscation of goods. This ruling…
The Chhattisgarh High Court has refused to grant bail for an offense committed under the Prevention of Money Laundering Act PMLA , citing a link with the coal scam. This decision…
The CESTAT has set aside a duty demand on clandestine removal of fatty acid, citing a lack of evidence. The case involved allegations of undisclosed removal of goods, but the…
Progcap has crossed ₹150 crore in revenue in FY24 and cut losses. This financial performance highlights the company's growth and efficiency. It underscores the importance of…
The Madras High Court has restrained Food Pharmer from disparaging food items of Ezeeats Triguni. This decision highlights the importance of fair competition in the food industry.…
The Bombay High Court stated it is "not convinced" by Volkswagen's arguments in a ₹14 billion tax case. This statement highlights the court's scrutiny of complex tax disputes. It…
The Delhi High Court has referred a dispute between Crompton and Orient over the "Stylus" mark to mediation. This move highlights the importance of alternative dispute resolution.…
The Delhi High Court has lifted a stay on the use of the "Dakshin" mark by Adyar Gate Hotel. This decision clarifies the rights of businesses to use trademarks. It ensures that…
Blackstone-backed Singapore TopCo has withdrawn its plea against Aakash Institute over AoA changes. This withdrawal highlights the resolution of a corporate dispute. It…
Kamaal R. Khan has moved the Bombay High Court to quash an FIR filed for a tweet about actor Dhanush. This action highlights the legal challenges faced by individuals over social…
The Karnataka High Court stated that Arnab Goswami was booked recklessly in a fake news case to settle scores. This ruling highlights the importance of avoiding misuse of legal…
Geniemode has raised $50 million in a Series C round led by Multiples and Fundamentum. This funding highlights investor interest in the company's growth potential. It underscores…
The NCLAT ruled that if a tribunal is closed on the last day for filing an appeal under Section 61 of the IBC, that day is excluded as per Rule 3 of the NCLAT Rules. This decision…
The CESTAT ruled that goods imported into an SEZ, not used for authorized operations and sold in the Domestic Tariff Area, must have duty paid. This decision clarifies the tax…
The CESTAT ruled that mere wrong availment of an exemption notification does not mean that availment was done to evade payment of central excise duty. This decision highlights the…
The Delhi High Court ruled that under Section 197 of the Income Tax Act, an AO must form a prima facie opinion regarding taxability in India before rejecting an assessee's…
The Supreme Court refused to entertain a PIL to protect Hindus in Bangladesh, stating, "How can this court comment upon affairs of another country?" This decision highlights the…
The CESTAT has ruled that no CENVAT levy applies to a third party for mounting duty-paid chassis on vehicles later returned to the manufacturer for further sale. This decision…
The ITAT has set aside the AO's decision regarding the classification of an Indian subsidiary as a dependent agent PE in software sales. This decision highlights the importance of…
The government is reportedly set to integrate e-commerce data into the Consumer Price Index CPI . This move highlights the growing importance of e-commerce in the Indian economy.…
Bank of Maharashtra has reduced interest rates on retail loans by 25 basis points. This move aims to stimulate retail lending and boost consumer spending. The rate cut reflects…
The latest stock market news for February 23, 2025, includes live updates on various market activities. This coverage highlights the dynamic nature of the stock market. It…
IRDAI has asked insurance firms to invest INR 300 crore into the 'Bima Sugam' platform by the end of February. This directive aims to accelerate the development and implementation…
Bajaj Allianz Life has launched the 'Bima ASBA' facility, a new UPI-enabled payment mechanism for policy premiums. This innovation aims to simplify and streamline premium…
Markets are expected to track global cues and FII trading activity. This outlook highlights the interconnectedness of global financial markets. It underscores the importance of…
Schneider Electric plans to open three new plants in India. This expansion highlights the company's commitment to expanding its manufacturing footprint in India. The move reflects…
The Invest Kerala Global Summit has attracted investment proposals worth INR 1.53 lakh crore. This significant interest highlights Kerala's growing appeal as an investment…
Siemens is looking to increase its factory capacity in India, emphasizing its commitment to the "Make in India" initiative. This expansion aims to boost local manufacturing and…
MobiKwik has acquired a 33.9% stake in Blostem Fintech for INR 149 crore. This acquisition highlights MobiKwik's strategic expansion into the fintech lending space. The move…
The RBI has proposed to eliminate pre-payment levies on business loans for MSMEs. This initiative aims to ease the financial burden on small and medium enterprises. The proposal…
The 1 Club is targeting expansion into fintech, aiming for INR 30,000 crore in assets under management AUM within two years. This ambitious goal highlights the company's growth…
The government's new EV policy will cap investment towards charging networks. This move aims to streamline the development of EV infrastructure. The policy seeks to balance public…
Zepto Cafe has hit a 1 lakh order per day milestone, as announced by Aadit Palicha. This achievement highlights the rapid growth of the quick commerce sector. It underscores the…
Pepperfry's FY24 revenue declined by 31% to INR 189 crore. This decline highlights the challenges faced by e-commerce companies in a competitive market. It underscores the impact…
Bajaj Allianz Life has launched the 'Bima ASBA' facility, a new UPI-enabled payment mechanism for policy premiums. This innovation aims to simplify and streamline premium…
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