DPIIT Department for Promotion of Industry and Internal Trade is holding discussions with stakeholders to further promote Foreign Direct Investment FDI in India. These talks focus…
09/01/20251 min read
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DPIIT Department for Promotion of Industry and Internal Trade is holding discussions with stakeholders to further promote Foreign Direct Investment FDI in India. These talks focus…
Mintoak has secured INR 71 crore in secondary funding from PayPal Ventures and other investors. This deal comes after the fintech company demonstrated strong growth in its digital…
Drishti IAS, an online education platform for civil services exam preparation, reported a revenue of ₹405 crore and a profit after tax PAT of ₹90 crore in FY24. The company has…
BluSmart, an electric mobility company, is set to raise $50 million in a new round of funding to support its expansion plans. The company aims to increase its fleet of electric…
GrayQuest, a fintech platform that focuses on education financing, has raised $93 million from IIFL Fintech Fund, Claypond, and Pravega Ventures. The company plans to use the…
RBIH Reserve Bank Innovation Hub and IIMA Indian Institute of Management Ahmedabad Ventures have launched the third cohort of a women-focused fintech program aimed at empowering…
Beyond Snack, a health-focused snack brand, has secured $8.3 million in funding to expand its presence and strengthen its supply chain infrastructure. The funds will be used to…
The NCLT National Company Law Tribunal has reserved its order on the appeals filed by creditors of Byju’s, India’s ed-tech giant. The creditors are contesting Byju's efforts to…
Mintoak, a payment solutions provider, has closed a secondary funding deal of INR 71 crore with Z3Partners, a venture capital firm. The funding will allow Mintoak to scale its…
The DPIIT Department for Promotion of Industry and Internal Trade has partnered with JK Cement to bolster India's manufacturing ecosystem. The collaboration focuses on enhancing…
Zypp, an electric vehicle startup, is in talks to raise an additional $35 million as part of its ongoing funding round. The company is seeking funds to expand its fleet of…
Ola Electric's stock prices fell by 5% amid a broader market decline, reflecting investor concerns about the company’s growth trajectory and the overall market conditions. Despite…
Incred Equities has initiated coverage on Nykaa with a “Reduce” rating. The investment firm highlighted concerns over Nykaa’s financial performance, citing issues such as slowing…
Lenskart has initiated talks with bankers regarding a potential $1 billion IPO. The eyewear retailer, which has rapidly expanded its footprint in the Indian market, is aiming to…
The Supreme Court granted relief to actor Mohan Babu, who had been accused of attacking a journalist. The court ordered that the charges against him be revisited, citing concerns…
The Delhi High Court issued an order directing the takedown of deepfake videos that had falsely depicted Dr. Naresh Trehan, a renowned medical professional, in compromising…
The Bombay High Court ruled that a father's refusal to consent to his minor child's passport application could not block the process. The case involved a dispute between separated…
The Madhya Pradesh High Court ruled on the appointment of a tree officer for the Indore Municipal Corporation, underscoring the need for proper oversight in the management of…
The Madras High Court stayed proceedings related to the AIADMK party leadership, preventing any actions that would alter the party’s leadership structure until further notice. The…
The Gujarat High Court handled a case involving Mahesh Langa, who was accused of cheating in a business transaction. The complainant had alleged that Langa misrepresented facts…
The Kerala High Court issued a notice to CPI M party members for contempt of court over their statements against a previous ruling. The case revolved around remarks made by party…
The Delhi High Court ruled that the app "Promise 2100" was obligated to compensate Delhi women who had faced harassment through the platform. The app, which had initially claimed…
Swiggy has launched a standalone app for its quick commerce business, named Instamart Snacc. The app focuses on delivering groceries and other essential items within minutes,…
The Orissa High Court ruled that a party could withdraw consent for a mutual divorce under Section 13B of the Hindu Marriage Act. The decision came after one of the parties in a…
The Delhi High Court granted bail to Umar Khalid, who was accused in connection with the Delhi riots and the alleged conspiracy to incite violence. The court considered the…
The Madhya Pradesh High Court has ordered the digitization of medical records of Bhopal Gas Tragedy victims to ensure the preservation of vital information and improve healthcare…
The Bombay High Court acknowledged the importance of the right to travel and the necessity of facilitating international travel in today’s globalized world. In a case involving a…
The Delhi High Court reviewed a petition related to cryptocurrency regulation. The case involved the enforcement of rules governing the trading of digital currencies and the…
The Karnataka High Court framed charges against Prajwal Revanna, a member of the ruling party, in a rape case. The case concerns accusations made by a woman who alleged that…
The Allahabad High Court upheld the suspension of a judicial officer in a disciplinary matter, emphasizing the seriousness of allegations against him. The officer was found guilty…
The Karnataka High Court addressed concerns regarding safety standards in private schools, specifically in relation to a government circular. The Court directed the state…
The Punjab and Haryana High Court issued a notice to the Chandigarh UT administration regarding noise level violations during a concert by Diljit Dosanjh. The Court responded to…
The Madras High Court ruled that a claimant who suppresses information regarding treatment while on medical leave should not be denied their full claim. The case involved an…
The Kerala High Court issued a notice regarding unauthorized boards uploading complaints on a website. The case involved individuals who had uploaded false or defamatory…
The Calcutta High Court ordered the police to report on the progress of the investigation into the Sandeshkhali gang rape case. The case involved serious allegations of a gang…
The Madras High Court rejected the anticipatory bail plea of prison officials accused of corruption. The case involved allegations of misconduct and corruption within the prison…
The Rajasthan High Court dealt with a case of cheque dishonor under Section 138 of the Negotiable Instruments Act, where the parties reached a settlement. The Court noted that…
The Kerala High Court issued a warrant against the Additional Chief Secretary of the Health and Family Welfare Department due to the failure to comply with a court order. The case…
The Supreme Court ruled that a transfer of a government employee on their request cannot be termed a transfer in public interest or administrative exigencies. The case concerned a…
The Supreme Court granted bail to a former deputy superintendent of Tihar Jail, accused of involvement in the murder of an inmate while under judicial custody. The accused, who…
The Andhra Pradesh High Court ruled on a case involving the suspension of a sentence under Section 389 of the CrPC. The court analyzed whether the suspension of the sentence could…
The Gujarat High Court issued non-bailable warrants against the CEO of GujSail, Captain Ajay Chauhan, in a case related to alleged financial irregularities. The Court's order…
The daily startup roundup for January 9, 2025, covers the latest news and updates from India’s startup ecosystem. It includes highlights of funding rounds, new product launches,…
Justice Surya Kant of the Supreme Court criticized the Allahabad High Court for its delay in hearing a plea related to the property claim of Abbas Ansari. Despite the SC's…
The Goods and Services Tax Network GSTN has issued an advisory regarding biometric-based Aadhaar authentication for applicants seeking GST registration in Rajasthan. This new…
The Bombay High Court has ruled that the Income Tax Department cannot reopen assessments after 10 months from the expiry of the limitation period under the Income Tax Act. This…
The Income Tax Appellate Tribunal ITAT dismissed an appeal after the taxpayer failed to rectify filing defects despite receiving multiple notices. The case involved the assessee’s…
The Supreme Court directed that the status quo be maintained regarding a property claimed by UP MLA Abbas Ansari. The Allahabad High Court had earlier declared the property an…
The NCLT Kolkata ruled that an unsuccessful resolution applicant has no locus standi to challenge the approval of a resolution plan by the Committee of Creditors COC . The case…
The Madras High Court has clarified what constitutes valid service of notice under Section 169 of the GST Act. The case addressed the legal implications of service notices under…
DPIIT Department for Promotion of Industry and Internal Trade is holding discussions with stakeholders to further promote Foreign Direct Investment FDI in India. These talks focus…
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