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The Indian government is considering introducing a social security scheme for gig workers to address concerns over job security, health benefits, and retirement savings. The…
The Kerala High Court once again addressed issues of anarchy and discipline breaches by government servants related to illegal hoarding activities. The Court reiterated the…
The Bombay High Court reprimanded the Bar Council of India BCI and the Bombay Bar Council BCMG for suspending a female lawyer's license without adhering to the principles of…
The Allahabad High Court refused to provide relief to Hindu plaintiffs seeking the right to worship at Krishna Koop, a site tied to the Krishna Janmabhumi dispute. The Court noted…
OpenAI has launched Operator, a new AI agent designed to autonomously perform web-based tasks. The agent can carry out various functions such as managing schedules, making…
Spencer’s Retail plans to raise funds once it reaches a breakeven point, aiming to enhance its valuation. The company is focused on expanding its operations and improving its…
A senior RBI official has suggested that Central Bank Digital Currency CBDC could be used for the collection of micro-loans. The official pointed out the potential benefits of…
The Reserve Bank of India RBI has imposed a monetary penalty on Canara Bank, Bank of India, and Jammu & Kashmir Bank for non-compliance with KYC Know Your Customer norms and…
The Allahabad High Court ruled that the government cannot withdraw prosecution under Section 321 of the CrPC without first applying its mind. The Court clarified that the public…
The Karnataka High Court ruled on the nature of a consensual relationship between a police officer and a victim in a case involving an alleged crime. The Court examined the…
The Allahabad High Court denied bail to a man accused of raping and impregnating his sister, describing the act as an unforgivable betrayal. The Court noted the gravity of the…
Tata Sons has sought clearance from the Competition Commission of India CCI to acquire an additional 10% stake in Tata Play. The move will increase Tata Sons' control over Tata…
The stock market experienced mixed movements on January 24, 2025. Key indices saw fluctuations as investors weighed various factors such as corporate earnings reports, global…
The Central Consumer Protection Authority CCPA has served notices to Apple, Ola, and Uber regarding complaints related to software price disparity. Consumers have raised concerns…
Telecom operators in India have introduced new prepaid plans focused on voice and SMS services only. These plans are designed to cater to customers who primarily use their mobile…
Nykaa has incorporated new units in Oman, Dubai, and Qatar as part of its international expansion into the GCC region. The move marks a significant step in Nykaa’s strategy to…
The Madras High Court ruled on the entitlement of maternity leave for a woman claiming it for her third pregnancy. The Court held that maternity leave is applicable for all…
The Kerala High Court issued a ruling on anarchy and discipline breaches by government servants. The Court condemned illegal hoarding activities by government employees and…
Unicommerce, a leading SaaS company, witnessed a 4% dip in its shares, hitting a fresh 52-week low. The drop in stock value reflects concerns about the company’s performance amid…
The Daily Roundup for January 24, 2025, highlights major startup news and developments in India. This includes investment deals, new product launches, and regulatory updates…
The CBIC has notified new rules for entities to obtain temporary identification numbers TIN for GST purposes. The TIN will serve as a provisional registration for businesses that…
Dr. Agarwal’s Eye Hospital is set to launch its IPO on January 29, with a price band between INR 382 and INR 402 per share. The funds raised will be used to expand its network of…
Blackstone has partnered with the Telangana government to develop a data center in Hyderabad. The project will contribute to expanding India's data infrastructure, enhancing…
Astrotalk, a leading astrology platform, has entered the direct-to-consumer D2C vertical and aims to generate INR 1,250 crore in revenue for FY25. The company plans to expand its…
TAC Infosec has established a subsidiary to expand its footprint in the UK and Europe. The new entity aims to broaden its cybersecurity services in the international market,…
UpGrad has committed INR 2,150 crore to set up AI excellence centers in Maharashtra. The initiative is part of UpGrad's broader plan to lead in the AI education sector, providing…
The Department for Promotion of Industry and Internal Trade DPIIT has signed a pact with Bhaane Group to incubate manufacturing startups. The partnership aims to foster innovation…
Capgrid is in discussions to raise fresh funds from Anicut Capital, Nexus Ventures, and Axilor Ventures. The manufacturing startup, which focuses on digital transformation in…
FabHotels reported a gross revenue exceeding INR 550 crore for FY24, although its losses widened by 23%. The company operates a network of budget hotels across India and has been…
Unicommerce, a leading SaaS company, witnessed a 4% dip in its shares, hitting a fresh 52-week low. The drop in stock value reflects concerns about the company’s performance amid…
TAC Infosec has established a subsidiary to expand its footprint in the UK and Europe. The new entity aims to broaden its cybersecurity services in the international market,…
Toothsi's parent company, MakeOS, reported a 32% reduction in its losses for FY24, narrowing the loss to INR 150 crore. Despite operating in a competitive space, the company is…
Tata Electronics has acquired a 60% stake in Pegatron India, a subsidiary of Taiwan-based Pegatron. The move is aimed at strengthening Tata’s presence in the electronics…
The Calcutta High Court ruled that the imposition of a penalty under the GST Act cannot be invoked merely due to the non-disclosure of the full details of suppliers in e-way…
The CESTAT has set aside a penalty imposed under the Customs Act, ruling that dual custodianship on the same goods cannot be granted. The case involved a dispute over the…
UpGrad has committed INR 2,150 crore to set up AI excellence centers in Maharashtra. The initiative is part of UpGrad's broader plan to lead in the AI education sector, providing…
Capgrid, a manufacturing startup, has raised $3.3 million in funding from Anicut Capital and Nexus Ventures. The startup focuses on transforming traditional manufacturing…
The Indian government is considering introducing a social security scheme for gig workers to address concerns over job security, health benefits, and retirement savings. The…
The Department for Promotion of Industry and Internal Trade DPIIT has signed a pact with Bhaane Group to incubate manufacturing startups. The partnership aims to foster innovation…
BlackBuck's shares extended their decline for the fifth consecutive session, tanking by 5%. The logistics company, which operates a platform for truck rentals, has been facing…
Gauhati High Court ruled that a Commissioner must specify the necessity of arrest under the CGST Act. The court emphasized that the reasons for believing that a taxpayer has…
The Income Tax Appellate Tribunal ITAT remanded a case involving unexplained cash deposits to the Assessing Officer AO for further examination. The case centers around the issue…
The Bombay High Court upheld the amendments made to the Income Tax Act in 2007, particularly those impacting bank officers. These amendments were challenged on the grounds that…
Tata Electronics has acquired a 60% stake in Pegatron India, a subsidiary of Taiwan-based Pegatron. The move is aimed at strengthening Tata’s presence in the electronics…
Capillary Technologies is planning to file its draft red herring prospectus DRHP for a $200 million IPO by June. The company, which provides cloud-based customer engagement and…
MapmyIndia has partnered with Kogo to introduce a universal voice assistant for the automotive space. The partnership aims to enhance user experience in vehicles by providing…
Quick commerce companies are expected to slow their expansion and control the number of dark stores in the second half of the year, according to a report by HSBC. The report…
Everstone Capital is set to acquire bootstrapped SaaS company Wingify for $200 million. Wingify, known for its software products that help businesses improve conversion rates,…
Paytm shares saw a nearly 9% decline during intraday trading, continuing a downward trend in the stock’s performance. The decline followed broader market trends and investor…
Reliance is reportedly planning to build the world's largest AI data hub in India, marking a significant step in advancing the country's digital capabilities. The data hub will be…
The Indian government is considering introducing a social security scheme for gig workers to address concerns over job security, health benefits, and retirement savings. The…
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