Mirae Asset has completed its acquisition of Sharekhan Financial Services, signaling a major move in the financial services sector. The acquisition aims to strengthen Mirae…
28/11/20241 min read
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Mirae Asset has completed its acquisition of Sharekhan Financial Services, signaling a major move in the financial services sector. The acquisition aims to strengthen Mirae…
SoftBank’s Masayoshi Son has highlighted India’s potential to emerge as a global leader in semiconductor chip design amid increasing geopolitical focus on technological…
Uber has introduced a new safety feature allowing riders to record audio during trips directly via the app. This initiative aims to enhance passenger and driver safety by…
The daily startup news roundup on November 28, 2024, covered various significant developments in the ecosystem. Key highlights included funding activities, product launches, and…
CitiusTech, a healthcare technology company, posted a sixfold increase in net profit to ₹350 crore for FY24, driven by a surge in global demand for digital health solutions. The…
Former Peak XV managing director has launched Kenro Capital, a venture capital firm focused on secondary market opportunities. The firm aims to provide liquidity solutions to…
Naiyya Saggi, co-founder of The Good Glamm Group, is reportedly exploring a new venture in the consumer electronics industry. After her significant contributions to the group’s…
Bloom Hotels reported significant financial growth in FY24, with revenues reaching ₹250 crore and profits increasing 23 times compared to FY23. The budget-hotel chain attributes…
Awfis, a co-working space provider, has reported a breach of insider trading norms by a senior executive. The company stated that the executive allegedly engaged in unauthorized…
Stellaris Venture Partners has announced the close of its third India-focused fund, raising $300 million to invest in early-stage startups. The fund will focus on sectors such as…
EaseMyTrip has introduced EMT Desk, a corporate travel management solution designed to streamline business travel operations. The platform offers features for booking, expense…
Honasa Consumer has elevated V. Maheshwari to the position of Senior Vice President for Product and Data Analytics. The company, known for its brands like Mamaearth, aims to…
The Delhi High Court directed the state government to respond to a plea seeking the implementation of the Ayushman Bharat–PMJAY health scheme. The petitioner argued that the…
The Rajasthan High Court ruled that an adverse police report cannot automatically lead to the denial of a passport application. The court emphasized that the denial of passports…
The Allahabad High Court ruled that allegations of quarrels by a wife do not necessarily constitute "cruelty" under family law. This decision came in a divorce case where the…
The Kerala High Court has issued new directives for shawarma eateries across the state under the Food Safety Act. This comes in the wake of rising concerns over unhygienic food…
The Central Bureau of Investigation CBI has filed a plea in the Supreme Court to transfer the trial of Yasin Malik from Jammu and Kashmir to Delhi. Malik is facing charges related…
The Competition Commission of India CCI has initiated a probe against Google following allegations by gaming platform WinZO of discriminatory practices. WinZO accused Google of…
The Bombay High Court has sought detailed reports regarding allegations under the SC/ST Act against Sameer Wankhede and Nawab Malik. The case involves accusations of caste-based…
The Supreme Court agreed to hear a plea by the management committee of Sambhal Jama Masjid challenging a survey order issued by a local court. The survey was directed to verify…
The Supreme Court of India announced a new undertaking requirement for accused persons seeking bail under the Prevention of Money Laundering Act PMLA . Defendants attempting to…
The Central Bureau of Investigation CBI has registered an FIR against eight out of ten identified advocates in connection with a fabricated Special Leave Petition SLP case. The…
The Supreme Court of India highlighted systemic flaws in judicial proceedings while permitting a request to recall a witness 15 years after the trial began. The case revolved…
The Supreme Court ruled that recoveries based on statements made by accused individuals before the formal recording required under Section 27 of the Indian Evidence Act are not…
The Supreme Court criticized administrative authorities for treating elected representatives as subordinates to bureaucrats, calling it a colonial mindset. The observation came…
The Supreme Court ruled that while deciding an application under Section 319 of the CrPC, a court must consider evidence obtained during cross-examination. Section 319 allows…
The Supreme Court expressed concern over the persistent underrepresentation of women in governance, terming it distressing in a country aspiring to become an economic powerhouse.…
The Supreme Court held that a witness cannot retract their statement recorded under Section 164 of the Criminal Procedure Code CrPC on flimsy grounds. The court emphasized that…
The Supreme Court ruled that retired employees are not entitled to retrospective promotions or benefits of a promotional post after their retirement. The court emphasized that…
A Varanasi court dismissed a plea seeking an FIR against Congress leader Rahul Gandhi over alleged remarks against Sikhs during his USA visit. The petitioner claimed that Gandhi's…
A Gurugram court rejected the anticipatory bail plea of journalist Chitra Tripathi in a POCSO case, upholding the issuance of an arrest warrant. The court observed that the…
A Gurugram court issued arrest warrants against TV anchors Chitra Tripathi and Syed Suhail in a POCSO case involving alleged defamatory content against a minor. The court took…
A special court directed the Enforcement Directorate ED to ensure its director takes steps to avoid opposing bail pleas in cases where the agency delays trials. The court…
The Karnataka High Court clarified that filing an application under Section 8 of the Arbitration and Conciliation Act before submitting the first statement on the substance of the…
The Bombay High Court ruled that courts cannot delve into the merits of a foreign arbitral award while enforcing it under Section 48 of the Arbitration and Conciliation Act. The…
The NCLAT, New Delhi, ruled that an application under Section 7 of the Insolvency and Bankruptcy Code IBC cannot be admitted in the absence of debt and default. The tribunal…
The National Company Law Appellate Tribunal NCLAT held that an application under Section 9 of the Insolvency and Bankruptcy Code IBC must be rejected if there is a plausible…
The National Company Law Appellate Tribunal NCLAT ruled that a guarantor cannot qualify as a financial creditor under the Insolvency and Bankruptcy Code IBC unless they have…
The National Company Law Tribunal NCLT , New Delhi, ruled that the threshold limit for initiating insolvency proceedings against personal guarantors is ₹1 crore, in line with…
The Madras High Court ruled that the limitation period for challenging assessment orders under Section 107 of the GST Act begins from the date of rejection of the rectification…
The Allahabad High Court clarified that a notification dated April 24, 2023, allowing time extensions for filing returns under Section 31 10 of the Uttar Pradesh GST UPGST Act, is…
The Rajasthan High Court allowed a tax assessee to operate its bank account after ruling that a provisional attachment under Section 83 of the GST Act automatically ceases after…
The National Consumer Disputes Redressal Commission NCDRC ruled that repeated breakdowns of a machine over a short period indicate inherent manufacturing defects. In this case, a…
The NCDRC ruled that buyers cannot be made to wait indefinitely for possession of properties, holding Lodha Construction liable for deficiency in service. The case involved…
The Kerala State Consumer Disputes Redressal Commission upheld an order against Reliance Insurance Company, directing it to pay treatment expenses to a complainant. The case…
The Haryana Real Estate Regulatory Authority RERA held Akme Projects Limited liable for a 10-year delay in their Manesar housing project and ordered a refund to the affected…
The Rajasthan High Court issued fresh guidelines for the issuance and extension of Look Out Circulars LOCs . The ruling came in response to complaints about indiscriminate use of…
The Karnataka High Court granted medical bail to Kannada actor Darshan Srinivas in a murder case. The case involves the murder of Renukaswamy, and Srinivas had requested bail…
The Madras High Court ruled that the limitation period for challenging assessment orders under Section 107 of the GST Act begins from the date the rectification application is…
The Telangana High Court directed the University Grants Commission UGC and the Bar Council of India BCI to issue stricter guidelines regarding law school admissions. The case…
Mirae Asset has completed its acquisition of Sharekhan Financial Services, signaling a major move in the financial services sector. The acquisition aims to strengthen Mirae…
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