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Zepto raised $350 million from domestic investors, marking another significant funding round for the quick commerce startup. The investment will be used to expand Zepto’s…
The Department for Promotion of Industry and Internal Trade DPIIT has approved the acquisition of Reliance Capital by Hinduja Group firm IIHL. The acquisition is part of the…
BlackBuck’s shares listed at a 2.9% premium over its IPO price. The logistics startup’s strong market debut reflects investor confidence in its business model and growth…
The weekly funding report reveals notable funding and acquisitions in the Indian startup ecosystem from November 18 to 23. This period witnessed a surge in investments across…
Smallcase has reported a revenue increase of over 2x in FY24, while its losses have decreased by 74%. This growth signifies a successful business strategy and a rising interest in…
The Kerala Women's Commission has supported the registration of FIRs based on statements before the Justice Hema Committee. The commission's stance emphasizes the importance of…
India has rejected a $300 billion climate finance package, citing concerns over the terms and implications of the funding. The decision reflects India's stance on protecting its…
Foreign Portfolio Investors FPIs have continued their selling spree, offloading Rs. 26,533 crore in November. The trend indicates a cautious approach by FPIs amidst market…
Byju Raveendran, founder of Byju’s, allegedly asked William Hailer to flee the US to avoid testifying in a federal court case. Hailer testified that Raveendran offered him a…
Cochin Shipyard, a midcap PSU stock, is expected to be in focus in the next trading session. The company’s shares have shown strong performance, driven by positive developments…
Paytm’s shares jumped 6% after Bernstein raised its price target to INR 1,000. Bernstein’s positive outlook is based on Paytm’s strong growth in its payments and financial…
Punit Goenka has withdrawn his consent for reappointment as Managing Director of Zee Entertainment. The decision comes amid ongoing challenges and scrutiny surrounding the…
Hero MotoCorp is collaborating with a US partner to develop an electric bike as part of its commitment to sustainable mobility. The initiative reflects the growing trend of…
The stock market in India will observe specific holidays in November 2024, with both BSE and NSE scheduled to remain closed on these days. Investors and traders are advised to…
The Reserve Bank of India reports significant progress in the internationalization of UPI Unified Payments Interface , with the payment system now operational in multiple…
Commerce Minister Piyush Goyal has emphasized the importance of quality standards and innovation in industrial development, particularly focusing on Tier-II and III cities. The…
IIT Bombay’s incubator, SINE, plans to launch a ₹100 crore venture capital fund to support deep tech startups in sectors like biotech, space, defense, and sustainability. The fund…
Zomato has become the first new-age tech stock to feature in the BSE Sensex, India’s benchmark stock index. The inclusion reflects Zomato’s strong market performance and its…
NTPC Green Energy’s IPO was fully subscribed, reflecting strong investor interest in the company’s renewable energy projects. The IPO proceeds will be used to fund NTPC Green…
The Supreme Court has refused to entertain a plea seeking a CAG report on complaints regarding the award of contracts in Arunachal Pradesh to a particular family. The court's…
The Supreme Court has clarified that the confession of an accused cannot be proved under Section 27 of the Evidence Act unless it relates to the discovery of facts. The court's…
The ITAT has deleted the disallowance of a trading loss on alleged penny stock shares due to insufficient evidence of price manipulation. The tribunal found that the Revenue did…
Orissa High Court Judgment on Post-Retirement Benefits The Orissa High Court has ruled on the issue of post-retirement benefits, emphasizing the importance of considering the…
The ITAT has remanded a case to the Assessing Officer for fresh adjudication, allowing the assessee to present additional evidence. The tribunal recognized the need for a fair and…
The Chennai Bench of the Income Tax Appellate Tribunal ITAT has remanded a case to the Commissioner of Income Tax Appeals CIT A for a fair hearing, citing denial of natural…
The Income Tax Appellate Tribunal ITAT has rejected a ₹14 crore protective income tax addition against Lalit Modi. The case involved an assessment order for the assessment year…
The Institute of Chartered Accountants of India ICAI has partnered with the Central Board of Secondary Education CBSE to enhance skill-based accounting education. This…
The Income Tax Appellate Tribunal ITAT has upheld the decision of the Commissioner of Income Tax Appeals CIT A in a case involving alleged bogus transactions. The ITAT rejected…
A petitioner in the Adani-Hindenburg matter has filed an application in the Supreme Court seeking an investigation by Indian agencies into the US indictment of Adani. The Supreme…
The Calcutta High Court has issued an injunction preventing the West Bengal government from disposing of certain assets. The court's decision ensures that the government does not…
Madhya Pradesh High Court Clarifies Children Court Jurisdiction The Madhya Pradesh High Court has clarified that children's courts have jurisdiction over cases involving juvenile…
Indian startups have raised a total of $580 million this week, with significant investments in various sectors, including e-commerce and fintech. This influx of funds showcases…
The Reserve Bank of India RBI has issued a warning to banks to stop freezing accounts over Know Your Customer KYC issues, particularly for those receiving government funds such as…
Bain-backed chipmaker Kioxia’s market value has been set at $4.9 billion in its initial public offering IPO . The IPO is expected to attract significant investor interest, given…
Finance Minister Nirmala Sitharaman has called for more affordable bank interest rates to stimulate investment and address borrowing challenges. Speaking at the SBI Conclave, she…
Matrimony.com has ventured into the online job market with a new platform called ManyJobs, aiming to tap into the growing demand for job-related services. The move signifies an…
The ITAT has dismissed a Revenue appeal based on a CBDT circular regarding low tax effect. The tribunal upheld the principle that appeals with low tax implications should not be…
The Supreme Court will hear the West Bengal government’s plea to stay the Calcutta High Court’s judgment quashing OBC classifications on December 9. The High Court had cancelled…
The Supreme Court has reserved its order on petitions challenging the inclusion of “socialist” and “secular” in the Preamble to the Constitution, as per the 42nd Amendment of…
The Supreme Court has sought the Gyanvapi Mosque Committee’s response to a plea by Hindu worshippers for an ASI survey of the mosque’s sealed area, where a shivlinga was claimed…
The Kerala High Court has set aside an order passed under Section 148 of the Income Tax Act, 1961, due to the failure to consider the reply to the show cause notice SCN issued to…
The state government is set to announce a GST reimbursement framework for handloom weavers to support the traditional handloom industry. This initiative aims to alleviate the…
The Supreme Court of India is set to hear a plea by Manish Sisodia seeking relaxation of bail conditions in cases related to the Delhi liquor policy. Sisodia, a senior AAP leader,…
The Kerala High Court has ordered compensation for an advocate who was allegedly tortured in police custody. The court found that the police had violated the advocate’s rights and…
The Delhi High Court has sought responses from authorities regarding alleged illegal activities in the Chandni Chowk redevelopment project. The court was hearing a plea that…
The Delhi High Court directed the Transfer Pricing Officer TPO to re-evaluate the functional dissimilarity objections raised by an assessee in a transfer pricing case. The court…
The Kerala High Court ordered further investigation into remarks made by Minister Saji Cherian, which allegedly disrespected the Constitution. The court noted that post-2003…
The Allahabad High Court granted 10 days to Aligarh Muslim University AMU to respond to a PIL seeking the resumption of student union elections. The PIL, filed by an LLM student,…
The Delhi High Court ruled that constructing a structure of plywood sheets cannot be considered building a residential house for claiming capital gains exemption under Section 54…
The Kerala High Court quashed a case against Goa Governor Sreedharan Pillai for remarks supporting the denial of women’s entry to Sabarimala Temple. The court found that Pillai’s…
Zepto raised $350 million from domestic investors, marking another significant funding round for the quick commerce startup. The investment will be used to expand Zepto’s…
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