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The Finance Ministry has endorsed a 45-day payment policy for MSMEs, aimed at ensuring faster payments to small and medium enterprises. This move has received support from various…
The Delhi High Court is set to hear a trademark dispute between Tesla Inc. and Tesla Cables in April 2025. Both parties have laid claims to the "Tesla" brand name, with Tesla Inc.…
Miko, a child-focused robotics startup, has secured shareholder approval to raise INR 28 crore via a preferential issue of shares. The funds are intended to fuel the company’s…
India is planning to introduce changes to its insurance laws, including provisions for unified licenses and higher foreign direct investment FDI limits. The proposed reforms aim…
An Indian-origin investment banker claimed to earn a salary of ?3 crore annually in London, sparking debate on social media about the plausibility of such income levels. The…
SEBI has introduced mark-to-market valuation for repo transactions by mutual funds, aligning with global standards to improve transparency and accuracy in asset valuations. The…
The stock market on November 27, 2024, witnessed mixed activity, with key indices showing marginal gains amid global uncertainties. While some sectors like IT and FMCG registered…
Adani Green Energy and Adani Energy stocks have been placed under the Additional Surveillance Measure ASM Stage 1 category by regulatory authorities. This classification requires…
The CBIC has extended the GST return filing due date for businesses in Manipur state due to disruptions caused by local conditions. The extension offers taxpayers additional time…
AkzoNobel India has received a ₹46.4 crore GST demand from state GST authorities, following an investigation into the company’s Input Tax Credit ITC claims. The demand arises from…
GSTN has released an advisory regarding biometric Aadhaar authentication for GST registration in Madhya Pradesh. This new process will streamline and secure the GST registration…
RBI Deputy Governor Rajeshwar Rao stressed the need for scaling up the size of India’s financial institutions to meet the country’s growing economic demands. He highlighted that…
India’s Deputy Governor of the Reserve Bank of India RBI , Rajeshwar Rao, highlighted the complexities of interconnected non-banking financial companies NBFCs and stressed the…
NBCC India Limited has won a ?316 crore project to upgrade school hostels across Odisha. The project, awarded by the Odisha state government, involves modernizing hostel…
Waaree Renewable Technologies has secured a solar power project worth ?1,233 crore, marking a significant milestone for the company. The project involves designing, engineering,…
Aster DM Healthcare has agreed to acquire the remaining 13% stake in Prerana Hospital, solidifying its ownership to 100%. The acquisition is part of Aster’s strategy to…
The CESTAT has ruled that a license agreement granting exclusive rights to use a product, with control over its use, should be considered a deemed sale under Article 366 29A of…
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…
In FY24, the government collected ₹4,792 crore in GST from education services. This significant collection marks the growing importance of the education sector in the GST regime,…
The India-led International Solar Alliance ISA has announced solar energy projects in Indo-Pacific nations, including Fiji, Comoros, Madagascar, and Seychelles. These initiatives…
The Competition Commission of India CCI approved Kotak Mahindra Bank’s acquisition of Standard Chartered Bank’s personal loan portfolio. The deal is part of Kotak’s strategy to…
Amazon introduced new features and services as part of its daily startup updates, showcasing its evolving business strategy. Key announcements included enhancements to its…
OpenText, a global leader in enterprise information management, inaugurated a new facility in Bengaluru to strengthen its presence in India. The new center will focus on research…
The e-Daakhil portal, designed for filing consumer complaints online, has been rolled out nationwide to streamline the grievance redressal process. The portal aims to simplify…
The Central Board of Direct Taxes CBDT has officially recognized the Skan Research Trust as a research association, thus enabling it to claim tax deductions under Section 35 of…
The National Financial Reporting Authority NFRA has approved 40 new auditing standards and quality management rules specifically tailored for Limited Liability Partnerships LLPs .…
The GST Council will review the report submitted by the Group of Ministers GoM concerning health insurance, as announced by the Finance Ministry. The GoM report recommends…
The total debt of major Indian telecom companies reached ?4.09 lakh crore in FY24, with BSNL’s debt being relatively lower at ?23,297 crore. The report highlights the financial…
Pocket FM, a leading audio streaming platform, joined the ?1,000 crore revenue club in FY24, achieving a staggering 500% growth. The company attributes its success to its…
Pratilipi, a digital storytelling platform, reported reaching ?60 crore in revenue for FY24, marking significant growth. The company also reduced its losses by 62%, signaling…
The National Company Law Appellate Tribunal NCLAT dismissed an insolvency petition filed against Amazon’s business-to-business B2B arm. The petition was filed by creditors seeking…
Shopdeck, a technology platform assisting direct-to-consumer D2C brands, raised $8 million in funding to enhance its offerings. The funds will be utilized to develop advanced…
Foxconn, a global electronics manufacturer, is negotiating with Tamil Nadu’s state government to expand its battery production facilities in India. The move aligns with Foxconn's…
Wealthtech startup Univest is in discussions to raise $16 million in funding from British International Investment BII and Innoven Capital. The funds will be used to scale its…
Nykaa, a prominent Indian e-commerce platform, acquired a majority stake in Earth Rhythm, a direct-to-consumer D2C skincare brand. The strategic partnership aligns with Nykaa's…
India's IT Minister called for stricter regulations on social media and OTT platforms to address concerns about misinformation, online abuse, and data privacy. Speaking at a…
Nazara Technologies, a leading gaming and sports media company, raised ?855 crore through a preferential share issue. The funding was secured to enhance its market position and…
The Calcutta High Court quashed the West Bengal government’s decision to regulate private sector employment through a law mandating consent from authorities before termination.…
The Punjab and Haryana High Court ruled that land used for takia resting place , graveyards, or mosques remains protected under the Waqf Act even if not actively used. The court…
The Punjab and Haryana High Court imposed a ?10,000 cost on a woman who accused a judge of bias in a domestic violence DV case after losing her appeal. The court found her…
The Supreme Court expressed concern over the increasing trend of filing rape cases after consensual relationships turn sour. It observed that such cases often result from personal…
The Bombay High Court dismissed an election petition filed by Shiv Sena UBT leader Sanjay Patil, challenging the election of a rival candidate. The petitioner alleged…
The Uttarakhand High Court dismissed a plea seeking to halt a Vishva Hindu Parishad VHP Mahapanchayat over concerns of possible communal unrest. The petitioner argued the event…
The Bombay High Court ordered the release of a Muslim man detained in a shelter home following a dispute involving his Hindu partner. The court noted that the man’s confinement…
The Delhi High Court dismissed a plea seeking the establishment of a Sanatan Dharm Raksha Board to safeguard Sanatan Dharma values. The petition claimed the board was essential…
The Bombay High Court sentenced Mihir Shah to six months of imprisonment for rash driving in a notorious hit-and-run case at Worli, Mumbai. Shah was found guilty of driving…
The Madras High Court upheld exclusive appointments of Hindus to temples governed by the Hindu Religious and Charitable Endowments HRCE Department, dismissing a petition…
The Allahabad High Court allowed Uttar Pradesh Police to invoke charges of endangering sovereignty and unity against journalist Mohammed Zubair over an alleged inflammatory social…
The Delhi High Court dismissed a petition by a candidate who failed to produce required documents during the verification stage of a recruitment process. The petitioner argued for…
The Kerala High Court mandated strict compliance with safety standards for eateries selling shawarma and ordered the cancellation of licenses for non-compliance. The case arose…
The Finance Ministry has endorsed a 45-day payment policy for MSMEs, aimed at ensuring faster payments to small and medium enterprises. This move has received support from various…
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