Sorted by Latest
Elon Musk’s artificial intelligence company, xAI, is seeking a $40 billion valuation in its latest funding round. The company aims to leverage AI technology to develop innovative…
Finova Capital, an NBFC focused on MSMEs, raised $135 million in a Series E funding round from investors including Avataar Venture Partners, Sofina, Madison India Capital, and…
Jio Financial Services’ arm has received approval from the Reserve Bank of India RBI to operate as an online payment aggregator. This approval allows the company to provide…
The Gauhati High Court overturned a conviction under the NDPS Act due to the non-production of seized contraband. The court emphasized the importance of producing seized items as…
The National Company Law Tribunal NCLT Kolkata has ruled that any dues, whether claimed or unclaimed, prior to the approval date of a resolution plan stand extinguished. This…
The National Company Law Appellate Tribunal NCLAT has ruled that the dissolution of a corporate debtor under Section 54 of the Insolvency and Bankruptcy Code IBC can only be…
The Delhi High Court has ruled that issuing two adjudication orders against a single show-cause notice is not permissible. The case involved a dispute where the authorities issued…
The Allahabad High Court has ruled that proceedings under Section 130 of the Uttar Pradesh Goods and Services Tax UPGST Act are not applicable in cases where excess stock is found…
The Institute of Chartered Accountants of India ICAI and the National Financial Reporting Authority NFRA are set to gain enhanced legal powers under the proposed amendments to…
The Karnataka government has unveiled two flagship programs aimed at boosting early-stage startups in the state. The programs, launched by the Karnataka Startup Cell, focus on…
The Allahabad High Court ruled that courts should not examine intimate moments between couples unless there is evidence of extreme cruelty. The court emphasized that privacy and…
The National Consumer Disputes Redressal Commission NCDRC has dismissed an appeal by Mata Chanan Devi Hospital, upholding a lower court’s ruling of medical negligence. The case…
Karnataka and Tamil Nadu have been ranked among the top five states in India for direct tax collections. The article highlights the significant contributions of these states to…
The Uttar Pradesh Authority for Advance Rulings UPAAR has ruled that the supply of manpower to foreign firms for work in India will attract GST. The ruling clarifies that such…
Chief Justice of India CJI D.Y. Chandrachud has praised the Goods and Services Tax GST as a classical example of cooperative federalism. Speaking at a recent event, he highlighted…
The Directorate General of GST Intelligence DGGI has uncovered a massive Rs 8,000 crore fake GST invoice scam involving a Pune-based auto-rickshaw driver. The scam involved the…
The article discusses a new rule under the GST regime in India, which bars the filing of GST returns after a three-year deadline. This rule aims to streamline the GST process and…
The Karnataka government has unveiled two flagship programs aimed at boosting early-stage startups in the state. The programs, launched by the Karnataka Startup Cell, focus on…
The Delhi High Court dismissed a PIL seeking school admissions for Rohingya refugee children, stating that such matters involve international issues and policy decisions that fall…
The Calcutta High Court admitted a PIL challenging animal sacrifice at a temple in Eastern India, filed by the organization Eastern India Vegan. The petition argues that animal…
Jio Financial Services has launched SmartGold, a digital platform for purchasing gold. The platform allows customers to buy, sell, and store gold digitally, providing a convenient…
IdeaForge, a leading drone manufacturer, saw its share prices slip to a 52-week low following weak Q2 disclosures. The company’s financial performance in the second quarter fell…
Finova Capital, a non-banking financial company NBFC , has raised $135 million to expand its loan book. The funding round was led by a consortium of investors, including private…
Razorpay, a leading fintech company, reported a 4.85x increase in profit after tax PAT and a 9% rise in revenue for FY24. The company’s strong financial performance is attributed…
Amazon’s logistics arm, Amazon Transportation Services ATS , reported a 7.6% increase in revenue to INR 4,889 crore in FY24. The company also managed to narrow its net loss by…
Amazon Pay, the digital payments arm of Amazon India, reduced its losses by 39% to INR 911 crore in FY24, down from INR 1,499 crore in the previous fiscal year. The company’s…
The National Company Law Appellate Tribunal NCLAT has ruled on the condonation of delay in filing an appeal against an order of the National Company Law Tribunal NCLT . The…
The Madras High Court sought the state government’s response to a PIL challenging the casual attire of Udhayanidhi Stalin at official events. The petitioner argued that Stalin’s…
The Himachal Pradesh High Court clarified that Section 5 of the Limitation Act does not apply to petitions under Section 34 of the Arbitration Act. The court emphasized that the…
Gourab Banerji has been appointed as the nominee arbitrator in the CTF Holdings SA v. Ukraine BIT arbitration case. The appointment was made following a dispute under the…
The Rajasthan High Court ruled that the right to live with dignity includes the right to fulfill duties as a good husband. The court made this observation while hearing a case…
The Allahabad High Court ruled that courts should not examine intimate moments between couples unless there is evidence of extreme cruelty. The court emphasized that privacy and…
The Delhi High Court granted bail to Ankush Jain and Vaibhav Jain, co-accused in a money laundering case involving former Delhi minister Satyendar Jain. The case, investigated by…
The National Company Law Appellate Tribunal NCLAT has ruled that the time period under Section 61 of the Insolvency and Bankruptcy Code IBC cannot be extended on the grounds of…
The Madras High Court set aside the discharge of former Tamil Nadu Chief Minister O. Panneerselvam in a disproportionate assets case. The court found that there was sufficient…
The Madras High Court ruled that prisoners are not slaves and cannot be subjected to torture or inhuman treatment. The court emphasized the need to uphold the dignity and rights…
The Delhi High Court ruled that the “clean slate” theory applies to all prior claims after the approval of a resolution plan by the NCLT. The court emphasized that once a…
The Bombay High Court allowed a medical officer to contest the upcoming elections and ordered the state to accept his resignation. The court emphasized the right of individuals to…
The Karnataka High Court ruled on the applicability of Section 304A of the IPC and Section 92 of the Factories Act in a case involving a factory accident. The court emphasized the…
The Delhi High Court relaxed a bail condition for an accused in the 2020 North-East Delhi riots case, allowing him to travel to Bijnor for his sister’s wedding. The court…
The Karnataka High Court reserved its order on an interim bail application by Kannada actor Darshan, who sought bail on medical grounds to undergo spine surgery. The court…
The Calcutta High Court ruled that religious practices in East India differ from those in North India and cannot be restricted. The court emphasized the importance of respecting…
Chief Justice of India DY Chandrachud highlighted the Supreme Court’s role in creating a robust jurisprudential framework to strengthen federalism and protect state rights.…
The Supreme Court ruled that shouting and threatening someone does not amount to assault under Section 353 of the IPC. The court clarified that for an act to be considered…
The Kerala court observed that the act of instigation by CPM leader PP Divya was pre-planned and premeditated, leading to the suicide of ADM Naveen Babu. The court noted that…
A Kerala court denied anticipatory bail to CPM leader PP Divya, accused of abetting the suicide of ADM Naveen Babu. The court found prima facie evidence suggesting that Divya’s…
SEBI imposed penalties totaling Rs 2 crore on 17 entities for non-compliance with its investigation into financial irregularities involving Eros International Media Ltd. Each…
The National Company Law Appellate Tribunal NCLAT approved the merger of Casper Pharma with Suven Pharmaceuticals, valued at Rs 155 crore. This merger aims to enhance Suven’s…
Finova Capital, an NBFC focused on MSMEs, raised $135 million in a Series E funding round from investors including Avataar Venture Partners, Sofina, Madison India Capital, and…
Star Health Insurance reported an 11% decline in profit after tax PAT for the second quarter of FY24. The company’s PAT fell to Rs 150 crore, down from Rs 169 crore in the same…
Elon Musk’s artificial intelligence company, xAI, is seeking a $40 billion valuation in its latest funding round. The company aims to leverage AI technology to develop innovative…
Showing 50 of 42930 updates