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Honasa Consumer, the parent company of Mamaearth, lost its unicorn status as its shares plunged nearly 10% to a new all-time low. The decline followed a dispute with a key…
Zopper, an insurance distribution platform, raised $25 million to strengthen its operations and expand its market presence. The funding round was led by ICICI Venture, with…
The Central Board of Direct Taxes CBDT has issued two notifications under Section 10 46 of the Income-tax Act, 1961, exempting specified income of entities in the legal and…
CBI Interrogates Auditing Firm Employee Gaurav Mehta in Maharashtra Bitcoin Scam: The Central Bureau of Investigation CBI interrogated Gaurav Mehta, an employee of an auditing…
RBI, Maldives Monetary Authority Sign Pact to Promote Local Currency Use: The Reserve Bank of India RBI and the Maldives Monetary Authority MMA have signed an agreement to promote…
Zopper, an insurance distribution platform, raised $25 million to strengthen its operations and expand its market presence. The funding round was led by ICICI Venture, with…
Stocks to Buy for Long Term: Pankaj Pandey of ICICI Securities Recommends These 5 Shares to Buy, Expects 22-54% Upside: Pankaj Pandey, head of research at ICICI Securities,…
Private Consumption Rebounds, Festive Season Sparks Economic Revival: RBI: The Reserve Bank of India’s RBI November Bulletin highlights a rebound in private consumption driven by…
The Punjab and Haryana High Court granted anticipatory bail to individuals accused of uploading fake GST bills on the portal and wrongfully claiming Input Tax Credit ITC worth ₹25…
Goldman Sachs Forecasts Shallow RBI Rate Cut Starting March 2025, Lowers India’s FY25 Growth Outlook to 6.4%: Goldman Sachs has forecasted a shallow rate cut by the Reserve Bank…
A recent survey revealed that 74% of India’s top corporate taxpayers favor near real-time tax reporting and compliance monitoring. Conducted among 250 high-end corporate…
Chinese Technical Expertise to Get Smoother Entry into India’s Manufacturing Landscape: The Indian government is expediting visas for Chinese technicians to support the…
Adani Accused of Paying Bribes to Secure Lucrative Solar Deals: US prosecutors have charged Gautam Adani, his nephew Sagar, and others with paying over $250 million in bribes to…
Honasa Consumer clarified the quantum of unsold inventory following concerns raised by a distributors’ body. The company acknowledged the issue and outlined steps to address the…
SuperMoney launched SuperFD, a UPI-based fixed deposit product aimed at providing digital savings solutions to customers. The product allows users to open fixed deposits through…
Nvidia reported a 94% jump in revenue to $35.1 billion for Q3 FY25, driven by strong demand for its AI and data center products. The company’s net income surged to $9.2 billion,…
Byju Raveendran, founder of edtech giant BYJU’S, was accused of attempting to regain control of the company using hidden loan money. The allegations surfaced amid ongoing…
Glance, a consumer technology company, reported a 3.4X growth in revenue from Rs 178 crore in FY22 to Rs 614 crore in FY24. The company’s revenue from operations grew 89%…
Teachmint, a SaaS-based edtech firm, doubled its revenue to Rs 17.1 crore in FY24 from Rs 8.15 crore in FY23, while reducing its losses by 39.2% to Rs 110 crore. Excluding…
Prasar Bharati launched its OTT app, Waves, offering 40 live channels and a vast archive of nostalgic content. The app aims to cater to a diverse audience, providing access to…
Growth Sense Venture Fund received approval from the Securities and Exchange Board of India SEBI to launch its operations. The fund aims to invest in early-stage startups across…
Moksha Group, a Mumbai-based company providing distribution, supply chain, and financial solutions, acquired strategic assets from retail tech startup Arzooo in a distress sale.…
PharmEasy, an e-pharmacy and pathology brand, reduced its losses by 51.4% to Rs 2,533.5 crore in FY24, despite a 14.8% decline in revenue to Rs 5,664 crore. The company…
Teachmint, a SaaS-based edtech firm, doubled its revenue to Rs 17.1 crore in FY24 from Rs 8.15 crore in FY23, while reducing its losses by 39.2% to Rs 110 crore. Excluding…
Zopper, an insurance infrastructure API platform, raised $25 million in a Series D funding round led by Elevation Capital, Dharana Capital, and Blume Ventures. The funds will be…
Honasa Consumer, the parent company of Mamaearth, lost its unicorn status as its shares plunged nearly 10% to a new all-time low. The decline followed a dispute with a key…
Glance, a consumer technology company, reported a 3.4X growth in revenue from Rs 178 crore in FY22 to Rs 614 crore in FY24. The company’s revenue from operations grew 89%…
The Karnataka government partnered with the Defence Research and Development Organisation DRDO to support defense startups. The collaboration aims to foster innovation and…
Groww, an investment platform, saw its valuation cut in a reverse flip, with Razorpay likely to follow. The reverse flip, a corporate restructuring process, involves moving the…
Byju Raveendran, founder of edtech giant BYJU’S, was accused of attempting to regain control of the company using hidden loan money. The allegations surfaced amid ongoing…
Credflow, a fintech startup, raised INR 31 crore to bolster its offerings for small and medium enterprises SMEs . The funding round was led by IvyCap Ventures, with participation…
Honasa Consumer, the parent company of Mamaearth, faced a significant drop in its share price, falling nearly 10% to a new all-time low. The decline followed a dispute with a key…
Moglix, a B2B e-commerce platform, acquired Khatema Fibres, a paper products manufacturer, for INR 80 crore. This acquisition is part of Moglix’s strategy to expand its product…
Ola Electric plans to lay off around 500 employees as part of its efforts to achieve profitability. The layoffs will primarily affect non-technical roles, including sales and…
TBO Tek, a B2B travel portal, won a significant service tax case, with the Customs, Excise and Service Tax Appellate Tribunal CESTAT ruling in its favor. The tribunal set aside a…
A Raipur Court denied bail to former Chhattisgarh Advocate General Satish Chandra Verma, accused of criminal conspiracy and corruption during his tenure. Verma, who served as AG…
The Rajasthan High Court quashed the compulsory retirement of Additional District & Sessions Judge Amar Singh, ruling that the disciplinary proceedings were flawed. The court…
Zee Entertainment secured a dynamic John Doe order to protect against digital piracy. The order allows Zee to take proactive measures against unidentified individuals or entities…
The Patiala House Court ordered the attachment of Bikaner House in New Delhi in a case involving financial disputes. The court found that the property was acquired through…
The Gujarat High Court dismissed a PIL challenging the teaching of the Bhagwad Gita in schools, finding no evidence of propaganda or violation of secular principles. The court…
The Himachal Pradesh High Court ordered the closure of 18 hotels due to financial crunch and non-compliance with environmental regulations. The court found that the hotels were…
The Kerala High Court directed the Women’s Commission to formulate guidelines to regulate the Malayalam film industry. The court emphasized the need for a structured framework to…
The Delhi High Court ruled in favor of Britannia Industries, allowing it to use the “Good Day” mark despite opposition from Desi Bites. The court found that Desi Bites failed to…
The Delhi High Court recognized the “right to be forgotten” as part of the right to privacy. The case involved a petitioner seeking the removal of online articles related to a…
The Delhi High Court summoned the Tihar Jail Superintendent for failing to provide medical assistance to an accused in a money laundering case despite a judicial order. The court…
The Madras High Court asked the State Public Prosecutor to facilitate a meeting between bar bodies and the Director General of Police to address the issue of frequent attacks on…
The Karnataka High Court stayed a government order authorizing the State Waqf Board to issue marriage certificates to Muslim couples until January 7. The court found a strong…
The Kerala High Court held that physical contact with sexual intent, even without penetration, constitutes sexual assault under Section 7 of the POCSO Act. The case involved a…
The Patna High Court ruled that employers must explore alternative posts for compassionate appointments if the applicant is not eligible for a specific post. The case involved a…
The Allahabad High Court ruled that bidders cannot challenge auction results after inspecting the property. The court emphasized that once bidders have inspected the property and…
Honasa Consumer, the parent company of Mamaearth, lost its unicorn status as its shares plunged nearly 10% to a new all-time low. The decline followed a dispute with a key…
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