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Zetwerk, a manufacturing and supply chain solutions provider, has added new employee stock options ESOPs worth $64 million as part of its strategy to retain and incentivize talent…
Shiprocket, a leading logistics SaaS Software as a Service provider, is set to raise $26 million in its latest funding round. The company has achieved unicorn status with a…
MapmyIndia, the leading Indian digital mapping company, has acquired a stake in PT Terra Kaiinos, a joint venture based in Indonesia. The investment is part of MapmyIndia’s…
The Enforcement Directorate ED has filed a prosecution complaint in connection with a ₹842 crore fraud case involving a Hyderabad-based company. The fraud was committed through…
On December 27, 2024, Indian stock markets remained volatile amid global economic concerns and domestic policy developments. Market indices showed mixed trends with sectors like…
Hero Future Energies has successfully commissioned a 29 MW solar power project in Karnataka, marking a significant milestone in its renewable energy portfolio. The solar project…
The Government of India has issued an allocation order to Hindalco Industries for a coal mine in Odisha. This allocation is part of the government’s effort to boost domestic coal…
JSW Neo Energy, the clean energy arm of JSW Group, is set to acquire a 4.7 GW renewable energy platform from O2 Power. This acquisition aligns with JSW’s strategy to expand its…
The Department for Promotion of Industry and Internal Trade DPIIT has partnered with Boat, an Indian consumer electronics brand, to support and foster Direct-to-Consumer D2C…
Exotel, a cloud communication platform, has reduced its losses by 60%, amounting to INR 43 crore in FY24. The company has made significant strides in increasing its revenue by…
Chaayos, the popular chai cafe chain, significantly reduced its losses to INR 54 crore in FY24, compared to INR 112 crore in the previous year. Despite rising inflationary…
The Reserve Bank of India RBI has announced that Unified Payments Interface UPI transactions can now be processed through Prepaid Payment Instruments PPIs via third-party apps.…
Zetwerk, a manufacturing and supply chain solutions provider, has added new employee stock options ESOPs worth $64 million as part of its strategy to retain and incentivize talent…
Exotel, a cloud communication platform, has reduced its losses by 60%, amounting to INR 43 crore in FY24. The company has made significant strides in increasing its revenue by…
Shiprocket, a leading logistics SaaS Software as a Service provider, is set to raise $26 million in its latest funding round. The company has achieved unicorn status with a…
The Central Consumer Protection Authority CCPA has launched an investigation into ride-hailing apps like Ola and Uber over their differential pricing practices. The CCPA's inquiry…
The ITAT quashed an assessment order under Section 147 of the Income Tax Act due to improper assumption of jurisdiction by the Assessing Officer AO . The AO had initiated…
The Income Tax Appellate Tribunal ITAT allowed a taxpayer to claim deductions for Life Insurance Corporation LIC premiums after the Assessing Officer AO accepted additional…
Income tax refunds in India have surged by 46% to Rs 3 lakh crore between April and November 2024, reflecting a significant improvement over the same period last year. This…
PharmEasy, the Indian online pharmacy platform, has seen its valuation reduced to $456 million, marking a significant decline from its earlier peak valuation. The markdown comes…
Nazara Technologies, an Indian gaming and sports media company, has increased its stake in Absolute Sports, the parent company of sports portal Sportskeeda, by investing INR 73…
MapmyIndia, the leading Indian digital mapping company, has acquired a stake in PT Terra Kaiinos, a joint venture based in Indonesia. The investment is part of MapmyIndia’s…
The NCLT admitted Hero Electric’s insolvency petition due to unpaid dues of ₹18 crore. The company had been unable to settle its financial obligations, leading to the initiation…
The Delhi High Court suspended a website selling counterfeit Rahul Mishra designs. The Court issued an injunction after it was revealed that the website was selling counterfeit…
The Madras High Court ruled that Anna University is not to blame for the leak of an FIR in a sexual harassment case. The Court criticized the government for mishandling the case…
The Madras High Court suspended the sentence of H. Raja, a prominent politician, in a case involving hate speech. Raja had been sentenced for making derogatory remarks against a…
The Kerala High Court addressed a controversial New Year celebration incident in Fort Kochi involving the burning of "Pappanji." The case involved a traditional celebration that…
The Madras High Court ruled that Anna University is not to blame for the leak of an FIR in a sexual harassment case. The Court criticized the government for mishandling the case…
The Madras High Court suspended the sentence of H. Raja, a prominent politician, in a case involving hate speech. Raja had been sentenced for making derogatory remarks against a…
The Kerala High Court addressed a controversial New Year celebration incident in Fort Kochi involving the burning of "Pappanji." The case involved a traditional celebration that…
The Madras High Court took suo motu cognizance of a sexual harassment case at Anna University. The Court intervened after reports emerged of a faculty member allegedly involved in…
The Rajasthan High Court addressed the issue of additional fees for delayed vehicle fitness certificate renewals under the Central Motor Vehicle Rules. The Court ruled that…
The Madras High Court took suo motu cognizance of a sexual harassment case at Anna University. The Court intervened after reports emerged of a faculty member allegedly involved in…
The Rajasthan High Court addressed the issue of additional fees for delayed vehicle fitness certificate renewals under the Central Motor Vehicle Rules. The Court ruled that…
The Rajasthan High Court ruled that pension calculations for employees must be governed by the rules in force at the time of their service, and new rules cannot be retrospectively…
Chaayos, the popular chai cafe chain, significantly reduced its losses to INR 54 crore in FY24, compared to INR 112 crore in the previous year. Despite rising inflationary…
The Rajasthan High Court ruled that pension calculations for employees must be governed by the rules in force at the time of their service, and new rules cannot be retrospectively…
The Rajasthan High Court ruled on the scope of judicial review concerning the suspension of government employees accused of fabricating documents. The Court clarified that while…
The Delhi High Court ruled that it is not essential to arrest a person who voluntarily appears before a magistrate for giving handwriting or specimen signatures. The Court…
The Allahabad High Court directed the ASI to protect the 17th-century Agra Hammam, a historical monument. The case arose when there were concerns over the preservation and safety…
The Rajasthan High Court ruled on the scope of judicial review concerning the suspension of government employees accused of fabricating documents. The Court clarified that while…
The Delhi High Court ruled that it is not essential to arrest a person who voluntarily appears before a magistrate for giving handwriting or specimen signatures. The Court…
The Allahabad High Court directed the ASI to protect the 17th-century Agra Hammam, a historical monument. The case arose when there were concerns over the preservation and safety…
In a case of courtroom violence in Lucknow, the Allahabad High Court provided relief to the accused who allegedly assaulted lawyers. The incident, which occurred during a hearing…
The Allahabad High Court held that the application of judicial mind by an Additional District and Sessions Judge is critical when exercising powers under Article 227 of the…
The Delhi High Court granted relief to Saregama in a copyright suit against Movie World. Saregama, a leading music label, had filed the suit alleging that Movie World had used its…
The Gujarat High Court ruled that there is no automatic right to backdated regularization for municipal corporation employees. The Court observed that financial and administrative…
The Delhi High Court issued directions for the speedy disposal of compromise-based pleas for quashing FIRs. In its order, the Court noted the growing number of cases where parties…
In a case of courtroom violence in Lucknow, the Allahabad High Court provided relief to the accused who allegedly assaulted lawyers. The incident, which occurred during a hearing…
The Karnataka High Court ruled on the rights of transgender persons under the amendment to the Birth and Death Registration Act. The Court held that transgender individuals have…
Zetwerk, a manufacturing and supply chain solutions provider, has added new employee stock options ESOPs worth $64 million as part of its strategy to retain and incentivize talent…
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