Sorted by Latest
The Institute of Chartered Accountants of India ICAI is set to finalize guidelines for international networking of CA firms by FY 2024-25. These guidelines will standardize how…
The Finance Ministry has assured that the GST Compensation Cess Fund will remain adequate to compensate states for any shortfall in GST revenue. The government stated that the…
The Union Budget 2025 could introduce tax incentives for fixed deposits FDs to encourage middle-class savings, aimed at addressing the growing economic concerns. These tax…
The Kerala High Court reversed its earlier decision regarding the CBI investigation into ADM Naveen Babu's death, stating there was no basis for such an inquiry. The court’s…
A debate is ongoing regarding the RBI’s approach to currency flexibility. Experts suggest that it may be time for the RBI to relax its rigid stance on currency management,…
The Reserve Bank of India RBI added 8 tonnes of gold to its reserves in November 2024, continuing its strategy of diversifying the country’s foreign exchange reserves. This move…
Coal India and IREL have entered into a Memorandum of Understanding MoU to collaborate on the development of critical minerals. This strategic partnership aims to bolster India’s…
Stock market concerns have emerged on January 6, with the market experiencing a downturn. Analysts attribute the crash to various factors, including global economic uncertainty,…
The Kerala High Court directed that the CBI must investigate the death of ADM Naveen Babu, after concerns arose regarding the circumstances surrounding his death. The court took…
The NCLAT ruled that a Resolution Professional RP is not at fault for rejecting belated and contingent claims during the insolvency resolution process. The case involved the RP…
The Gujarat High Court has ruled that the jurisdiction of courts under Section 34 of the Arbitration and Conciliation Act concerning challenges against awards made under Section…
NestAway, despite achieving an INR 1800 crore valuation and raising INR 700 crore in funding, was sold for just INR 90 crore due to a decline in valuation. The decline can be…
OYO has made changes to its policies, no longer welcoming unmarried couples in its properties. The company has updated its rules, reflecting a shift in its target demographic and…
The latest startup news roundup highlights key developments in India’s entrepreneurial ecosystem as of January 6, 2025. The roundup includes new funding announcements, product…
Post the Adani exit, Wilmar India plans to emulate ITC's successful strategy to expand its FMCG portfolio. The company aims to diversify and grow its presence in the fast-moving…
Accel has launched a new fund aimed at fueling early-stage startups in India. The fund is designed to provide seed capital to high-potential startups in sectors like technology,…
The Rajasthan High Court ruled that if a magistrate disagrees with a police report, they can independently address protest petitions filed by the complainant. The decision…
The Bombay High Court ruled that a single incident of following a person cannot be categorized as stalking under Section 354D of the Indian Penal Code. The Court clarified that…
The Kerala High Court ruled on a matter involving the Tribunal Ombudsman and a dispute concerning the School Kalotsavam event. The ruling addresses procedural issues related to…
PokerBaazi's parent company has reported a significant achievement, crossing Rs 400 crore in revenue for FY24. This growth is attributed to an increasing user base and strong…
Vahdam Teas, a premium tea brand, narrowed its losses by 68% to INR 18 crores in FY24. The company’s efforts to reduce costs, streamline operations, and increase revenue from…
UpGrad co-founder Mayank Kumar launched a new talent mobility startup called BorderPlus. The platform aims to assist businesses in managing the global movement of talent by…
The Souled Store, a lifestyle brand known for its quirky merchandise, turned profitable in FY24, posting a Profit After Tax PAT of INR 18.2 crores. This marked a significant…
Cars24, an online marketplace for buying and selling pre-owned cars, launched a listing platform specifically for driving schools on its app. This new feature allows driving…
The government is set to launch another round of the Production-Linked Incentive PLI scheme for the steel sector on Monday. The new round of incentives aims to boost domestic…
In the copyright suit concerning Kareena Kapoor's talk show, the Delhi High Court granted interim relief in favor of Mirchi, the music company, preventing the broadcast of the…
A Bengaluru court granted interim bail to Nikita Singhania, the wife of Atul Subhash, in a case related to an alleged financial dispute. Nikita was accused of her involvement in…
EaseMyTrip, a leading online travel platform, surged by 15% in stock value after the company’s chairman announced that the promoters would not be selling any more shares. This…
D2C dinnerware startup, Blackcarrot, secured funding led by the founder of We Circle. The investment is aimed at expanding Blackcarrot's operations and product offerings in the…
The Delhi High Court directed the State Public Works Department PWD to start the construction and repair of washrooms in various court buildings. The court issued the directive…
The Punjab and Haryana High Court ruled that a woman seeking a compassionate job due to her responsibility for maintaining her mother-in-law must demonstrate that her caregiving…
The Kerala Court granted bail to MLA PV Anvar, who had been accused of vandalizing a forest office. The case revolved around an alleged attack on government property, with the MLA…
The Delhi State Consumer Disputes Redressal Commission held FIITJEE an educational institute liable for retaining the entire course fee collected in advance. The case involved…
OYO has successfully raised $65 million from Ritesh Agarwal’s RedSprig Innovation, aiming to fuel its growth and innovation. The funds are expected to be directed towards…
The Mahareat Society, which owns the land on which its establishment is situated, authorized a developer for the redevelopment of the property. The case centered on whether the…
The Patna Court sent Prashant Kishor to judicial custody following his involvement in a protest against the Bihar Public Service Commission BPSC . The protest, which was related…
The Patna Court granted unconditional bail to political strategist Prashant Kishor, who had been detained in connection with a protest against the Bihar Public Service Commission…
The National Company Law Appellate Tribunal NCLAT ruled that a court vacation is not an acceptable excuse for delaying the refiling of an appeal. This decision emphasized the need…
The Delhi High Court reiterated that once a final certificate is issued under Section 5 of the Direct Tax Vivad Se Vishwas Act, no reassessment or reopening of the case is…
Indian startups witnessed substantial funding and acquisition activity in the week of December 30, 2024, to January 4, 2025. The funding landscape was dominated by investments in…
The department had denied the exemption of Cenvat credit for goods used in exempted products, resulting in a dispute over wrongful credit claims. However, the Customs, Excise, and…
The Rajasthan High Court also ruled on the claim bill and notice requirement under the Carriage by Road Act. The ruling emphasized that carriers must adhere to the provisions of…
Foreign investors have pulled out INR 4,285 crore from Indian equities amid high valuations and global economic uncertainties. The outflow reflects investor concerns over the…
The department had denied the exemption of Cenvat credit for goods used in exempted products, resulting in a dispute over wrongful credit claims. However, the Customs, Excise, and…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has set aside a penalty imposed on a shipping agent for violating export procedures under the Customs Act. The…
Reliance Retail has reportedly written off its $200 million investment in Dunzo, citing the latter’s financial struggles. Dunzo, an on-demand delivery service, has been facing…
The Department for Promotion of Industry and Internal Trade DPIIT has partnered with Stride Ventures to support Indian startups. This collaboration aims to provide financial and…
OYO has successfully raised $65 million from Ritesh Agarwal’s RedSprig Innovation, aiming to fuel its growth and innovation. The funds are expected to be directed towards…
The Baramulla District Consumer Commission held a supplier liable for delivering substandard materials to a construction project. The complainant alleged that the materials…
Prime Minister Narendra Modi affirmed India’s commitment to becoming a global leader in artificial intelligence AI after a meeting with AI expert Vishal Sikka. The discussions…
The Institute of Chartered Accountants of India ICAI is set to finalize guidelines for international networking of CA firms by FY 2024-25. These guidelines will standardize how…
Showing 50 of 42930 updates