Shein, the global e-commerce giant, is making a comeback in India with the backing of Reliance Retail. After being banned in 2020, Shein is now relaunching its app in…
03/02/20251 min read
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Shein, the global e-commerce giant, is making a comeback in India with the backing of Reliance Retail. After being banned in 2020, Shein is now relaunching its app in…
Swiggy’s shares surged by 5% after Kotak initiated coverage with a buy rating, signaling strong growth prospects for the food delivery platform. Investors are optimistic about…
Curefoods, a food-tech company, has roped in Bollywood actor Hrithik Roshan as an investor. The investment is part of the company’s strategy to reposition EatFit under the…
Rajasthan’s startup ecosystem took center stage at the Jaipur Literature Festival 2025, with a special focus on the region’s emerging entrepreneurs and innovations. The event…
Former cricketer Parthiv Patel has backed construction-tech startup BuilditIndia, which aims to revolutionize the construction industry with its technology-driven approach. The…
Sharan Hegde’s startup, The 1 Club, has received a RIA Registered Investment Adviser license from SEBI, allowing the company to offer investment advice and portfolio management…
India is reexamining its stance on cryptocurrencies amid a global policy shift towards clearer regulations in the digital asset space. With increasing global adoption and…
Stand-Up India, a government scheme aimed at supporting women entrepreneurs, has sanctioned loans to nearly 2 lakh women across India. The initiative focuses on providing…
Paytm has made its debut in the Brazilian fintech market, marking its expansion into Latin America. The company is set to explore new opportunities in Brazil’s rapidly growing…
India’s manufacturing sector has started 2025 with a strong performance, driven by a surge in exports. The growth in demand from international markets has boosted production and…
The Indian government is working on modalities to extend the Pradhan Mantri Jan Arogya Yojana PM-JAY coverage to gig workers. The aim is to ensure that workers in the gig economy,…
SoftBank and OpenAI have entered into a partnership to create a 50-50 joint venture focused on AI services. This collaboration combines SoftBank’s expertise in telecommunications…
Niyogin Fintech has announced plans to demerge its Non-Banking Financial Company NBFC business, IserveU, with plans for an independent listing in the future. The company intends…
Finance Minister Nirmala Sitharaman is set to address the RBI board regarding India’s fiscal roadmap and the implications of the 2025 Union Budget. The discussion will focus on…
TVS Holdings has acquired an 80.74% stake in Home Credit India for ₹554 crore, marking a significant move in the Indian financial services sector. This acquisition strengthens TVS…
Pepperfry, an omnichannel furniture retailer, has reported lower revenues and losses for the financial year 2024. The company faced challenges in managing operational costs and…
As of February 3, 2025, the Indian stock market is showing mixed trends with volatility in key indices. The global economic outlook, coupled with domestic factors like inflation…
Tata Communications has received approval from the Reserve Bank of India RBI to sell its ATM business to an Australian company. The deal, valued at a significant amount, marks a…
Equirus and Credence, two prominent family offices, have entered into a merger agreement valued at ₹100 crore. The merger will allow both entities to strengthen their position in…
The National Financial Reporting Authority NFRA has penalized an auditor for lapses in the Religare Finvest case. The penalty was imposed after the auditor failed to comply with…
Uttar Pradesh’s real estate sector has experienced a significant surge in 2024, with 259 new projects driving growth in the market. The state’s booming real estate industry is…
Following the Union Budget 2025, experts predict that the Reserve Bank of India RBI may cut interest rates by 25 basis points. This potential rate cut would be aimed at providing…
Property tax relief and simplified annual value rules for homeowners will be implemented starting in 2025. These reforms aim to ease the tax burden on property owners by…
The Ministry of Corporate Affairs MCA has introduced penalties for company directors for non-filing of the MGT report. The penalty provisions aim to enforce compliance with…
India’s capital markets have surged, with IPO listings rising and funds tripling in FY25. The Indian stock market is witnessing a record number of initial public offerings IPOs ,…
The NPS Vatsalya Scheme introduces new tax deductions under Section 80CCD, benefiting parents with children under 21 years. The scheme allows for additional tax deductions,…
The Budget proposal includes a marginal relief calculation that aims to provide tax relief to individuals in specific income brackets. The proposal focuses on reducing the tax…
MCA has imposed penalties on company directors for non-filing of annual returns for two consecutive years. The move aims to enforce strict compliance with corporate filing…
Section 80CCA amendments provide tax relief on National Savings Scheme NSS withdrawals starting from August 29, 2024. The amendment ensures that investors withdrawing funds from…
The Budget proposes to include retail schemes and exchange-traded funds ETFs in the relocation regime of funds within the International Financial Services Centre IFSC . This…
ITAT quashed the reassessment of long-term capital gains LTCG as bogus, citing lack of tangible evidence. The Tribunal ruled that the reassessment made by tax authorities was…
The ITAT directed the TPO to re-evaluate arms-length price for foreign AEs in the trading segment. The case involved the determination of the arms-length price for transactions…
Amendments to Section 17 propose higher income limits for perquisite exemptions starting in 2026. These amendments are designed to offer more tax relief to salaried individuals by…
ITAT quashes search assessments due to the lack of proper approval under Section 132D. The Tribunal ruled that the assessments made by the tax authorities were invalid as they…
The Budget 2025-26 proposes amendments to GST laws aimed at boosting trade facilitation, making the system more efficient. Key proposed changes include simplifying compliance…
GST collections surged by 12.3% in January 2025, marking a robust performance driven by strong domestic growth. This growth highlights the effectiveness of the government’s…
ICAI is leading initiatives to establish India as a global hub for accountancy by 2030. The Institute of Chartered Accountants of India ICAI aims to drive growth by upskilling…
The Supreme Court ruled that an arbitration agreement is enforceable against the legal representatives of a deceased party. This decision clarifies the enforceability of…
The Telangana High Court ruled that show cause notices and orders not containing the signature of the proper officer cannot sustain judicial scrutiny. This decision highlights the…
The Delhi ITAT quashed a revision against OYO, ruling that transactions between holding and subsidiary companies for the issuance of shares are not covered under Section 56 2 viib…
The Calcutta High Court ruled that the pre-referral jurisdiction of a court under Section 11 6 includes inquiry into claims that are ex facie and hopelessly time-barred. This…
The Calcutta High Court ruled that if an application under Section 33 of the Arbitration and Conciliation Act is a disguised review, the limitation for challenging an award under…
The Madhya Pradesh High Court addressed bail in a case involving social media passwords, mobile phone data, body fluids, and blood samples of the accused. This decision highlights…
The Allahabad High Court issued an order regarding the Noida Sports City development project. This decision highlights the court's role in addressing urban development issues. It…
The Kerala High Court explained the difference between non-service of notice and lack of knowledge of service of notice. This decision clarifies the legal implications of notice…
The Calcutta High Court ruled that the department cannot seize goods if the quantity or weight of goods is found correct on physical verification. This decision clarifies the…
The Kerala High Court explained the difference between non-service of notice and lack of knowledge of service of notice. This decision clarifies the legal implications of notice…
The Supreme Court ruled that contributory negligence in motor accident claims cannot be presumed without direct or corroborative evidence. This decision clarifies the evidentiary…
The Supreme Court ruled that an advocate is not expected to verify the genuineness of a power of attorney given by a litigant. This decision clarifies the responsibilities of…
The Delhi High Court ruled that Section 153C of the Income Tax Act requires a two-tier satisfaction of assessing officers of both searched and non-searched entities, even prior to…
Shein, the global e-commerce giant, is making a comeback in India with the backing of Reliance Retail. After being banned in 2020, Shein is now relaunching its app in…
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