PB Fintech’s shares rose by 3.2% intraday after the company posted a profit for Q2. The positive financial performance was driven by strong growth in its insurance and lending…
06/11/20241 min read
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PB Fintech’s shares rose by 3.2% intraday after the company posted a profit for Q2. The positive financial performance was driven by strong growth in its insurance and lending…
TAC Infosec reported a 240% year-on-year increase in its H1 profit, reaching INR 6.52 crore. The company’s consolidated operating revenue also saw a significant rise, driven by…
Lenskart reported an 84% decline in its FY24 loss to INR 10 crore, driven by a significant increase in operating revenue. The company’s revenue exceeded INR 5,000 crore, marking a…
The Ajit Pawar faction of the Nationalist Congress Party NCP informed the Supreme Court that it would publish new disclaimers in Marathi newspapers regarding the use of the clock…
The Bombay High Court denied anticipatory bail to Akash Rajendra Avhad, who was accused of assaulting a 71-year-old man on suspicion of carrying beef. The court stated that…
The Delhi High Court issued notices to the Competition Commission of India CCI and Swiggy in response to a plea by the National Restaurant Association of India NRAI . The NRAI…
The Supreme Court upheld the quashing of a money laundering case against former IAS officer Bibhu Prasad Acharya, ruling that sanction under Section 197 of the CrPC is required to…
Modifi received a strategic investment from SMBC Asia Rising Fund, which will help the company expand its trade finance solutions. The investment will enable Modifi to enhance its…
A consumer court ordered Ola Electric to refund ₹1.63 lakh to a customer who faced issues with his electric scooter. The court found that the scooter had multiple defects and the…
The Supreme Court ruled that individuals holding a Light Motor Vehicle LMV driving license are entitled to drive transport vehicles weighing up to 7,500 kg. The court clarified…
The Delhi High Court dismissed a PIL seeking funds for Municipal Corporation of Delhi MCD councillors, emphasizing that the allocation of funds is a matter of policy and not…
The Madras High Court ruled that a Muslim man entering into a second marriage without the consent of his first wife constitutes cruelty under the Indian Penal Code. The court was…
The Kerala High Court ruled that specific allegations of cruelty and abetment to suicide in a live-in relationship must be addressed under the relevant provisions of the Indian…
The Delhi High Court upheld the Central Administrative Tribunal’s decision directing the payment of interest on delayed interest payments to a retired employee. The court…
The Calcutta High Court upheld a CBI probe into allegations of custodial torture by police officers against an accused arrested for threatening Abhishek Banerjee’s family. The…
The Karnataka High Court ruled that the Labour Court cannot order the reinstatement of a workman involved in a serious case of theft on the grounds of sympathy. The court set…
The Madras High Court upheld the prosecution of a manufacturer of banned tobacco products under the Food Safety and Standards Act. The court ruled that tobacco, with or without…
The Karnataka High Court ruled that even if a child in conflict with the law is ordered to be tried as an adult, their bail application must be considered under Section 12 of the…
The Madras High Court upheld the Central Administrative Tribunal’s order to regularize contract Veterinary Assistant Surgeons in Puducherry, despite objections from the UPSC…
The Delhi High Court was informed that a CBI probe has been initiated into Congress leader Rahul Gandhi’s citizenship status. The investigation stems from a PIL filed in the…
The Madhya Pradesh High Court ruled that an ordinance allowing no-confidence motions against municipal officials cannot be applied retrospectively. The court was hearing a case…
The Kerala High Court ruled that the reformed growth of an accused can be a positive factor in considering the withdrawal of prosecution. The court was hearing a case where the…
The Madras High Court directed Telegram to remove and block accounts impersonating the digital payment platform PhonePe. The court was hearing a petition filed by PhonePe, which…
The Kerala High Court ruled that civil courts have jurisdiction to execute decrees passed by Waqf Tribunals under the Waqf Act. The court was hearing a case where the petitioner…
The Delhi High Court addressed concerns about pollution in the Yamuna River during Chhath Puja celebrations. The court directed the Delhi government and municipal authorities to…
The Calcutta High Court called for a report from the state government on a plea regarding alleged communal violence and expressed surprise at the Leader of Opposition appearing as…
The Allahabad High Court asked the Uttar Pradesh government to ensure that demolition notices issued in Bahraich following violence are not executed selectively and are in…
The Madhya Pradesh High Court ordered a status quo on the construction of unauthorized religious shrines within police station premises. The court sought the state government’s…
The Rajasthan High Court ruled that aimless firing at a shop, intended to assault a specific person who was not present, does not constitute an attempt to murder. The court was…
The Gauhati High Court urged the Assam government to expedite the notification of the Child Protection Policy and Juvenile Justice Rules, which have been pending since the…
The Bombay High Court criticized trial courts for not adhering to the mandate of day-to-day trials under Section 309 of the CrPC. The court highlighted a rape case where only 10…
The Supreme Court ruled that doctors following accepted medical practices are not liable for complications arising post-surgery. The case involved a doctor accused of negligence…
The Supreme Court directed the Uttar Pradesh government to consider granting a monetary sum to an 83-year-old ex-constable who sought a gallantry award. The case involved a plea…
The Food Safety and Standards Authority of India FSSAI plans to meet with quick commerce executives to discuss the sale of near-expiry food products. The meeting aims to address…
The Supreme Court ruled that there is no data to support the claim that road accidents increase due to LMV license holders driving light transport vehicles. The case involved a…
The Supreme Court laid down steps to be followed by authorities before clearing encroachments for road widening. The case involved the demolition of structures without proper…
The Supreme Court directed the Uttar Pradesh government to pay Rs. 25 lakhs as interim compensation for the illegal demolition of houses. The case involved the overnight…
The Supreme Court ruled that the maintainability of a second protest petition depends on how the first complaint against a negative final report was dismissed. The case involved a…
The Supreme Court held that prior sanction under Section 197 of the CrPC is mandatory to prosecute public servants for offences under the Prevention of Money Laundering Act PMLA .…
The Supreme Court ruled that holders of a Light Motor Vehicle LMV driving license can drive transport vehicles with an unladen weight of less than 7500 kg without needing a…
The Delhi High Court ruled that merely filing an arbitral award does not constitute a valid challenge under Section 34 of the Arbitration and Conciliation Act. The case involved a…
The Gujarat High Court held that Section 21 of the Arbitration and Conciliation Act, which mandates the issuance of a notice to commence arbitration, does not apply to statutory…
The Gujarat High Court ruled that an arbitral award must be set aside if it fails to address serious allegations of fraud. The case involved a lease agreement where the claimants…
The National Company Law Appellate Tribunal NCLAT has ruled that a recall notice issued during the cut-off period under Section 10A of the Insolvency and Bankruptcy Code IBC does…
The National Company Law Appellate Tribunal NCLAT has ruled that a settlement plan under Section 12A of the Insolvency and Bankruptcy Code IBC cannot be considered by the…
The Delhi High Court has ruled that there is no basis for reassessment when the nature and source of receipts have been verified, and the Assessing Officer AO finds no…
Easy secured $35 million to offer mortgage-backed loans to home buyers, aiming to simplify the home buying process. The funding will enable Easy to expand its loan offerings and…
The Ministry of Corporate Affairs MCA has extended the filing deadline for producer companies’ financial statements. The extension aims to provide relief to producer companies…
The Central Board of Direct Taxes CBDT has condoned the delay for filing returns for Assessment Year AY 2023-24 claiming deductions under Section 80P. The circular provides relief…
The Income Tax Appellate Tribunal ITAT has partially upheld an addition of ₹79.35 lakh as unexplained investment, granting the assessee time for further documentation. The case…
PB Fintech’s shares rose by 3.2% intraday after the company posted a profit for Q2. The positive financial performance was driven by strong growth in its insurance and lending…
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