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Nomura has expressed concerns over India’s economic outlook, stating that the country has entered a cyclical growth slowdown. The financial services firm believes that the RBI’s…
The Madras High Court ruled that money laundering is a standalone offence and that the Enforcement Directorate ED can challenge the closure of a predicate offence. The case…
The Jharkhand High Court ruled that the compassionate appointment of a deceased employee’s son does not affect the family’s right to compensation under the Motor Vehicles Act. The…
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…
The Rajasthan High Court ruled that an employee facing a pending departmental enquiry has the right to travel abroad under Article 21 of the Constitution. The case involved an…
The Allahabad High Court ruled on the condonation of delay in filing appeals, emphasizing that negligent litigants cannot be granted leniency. The court stressed the importance of…
The Allahabad High Court ruled that new evidence cannot be introduced at the appeal stage under Section 37 of the Arbitration Act. The court emphasized the limitation period under…
The Rajasthan High Court addressed an incident where an intruder disrupted court proceedings on the Webex platform. The court emphasized the need for secure virtual court…
The Gujarat Lok Adalat successfully settled a significant number of disputes, showcasing the effectiveness of alternative dispute resolution mechanisms. The Lok Adalat, held…
The Delhi High Court clarified the scope of “patent illegality” in arbitration, stating that it applies only to violations of substantive law, the Arbitration Act, or applicable…
The National Company Law Appellate Tribunal NCLAT ruled that a successful resolution applicant is ineligible to submit a resolution plan if they fall under the disqualification…
The Kerala High Court reviewed the Justice Hema Committee Report, which addressed issues related to the treatment of women in the film industry. The court directed the filing of…
The Allahabad High Court ruled that new evidence cannot be introduced at the Section 37 stage of the Arbitration Act, and any amendment or fresh grounds would be barred by the…
The Bombay High Court ruled that not every nude painting is obscene. The court emphasized the importance of context and artistic expression in determining obscenity.
The Allahabad High Court ruled on a case involving a husband’s potency test following his wife’s suicide due to depression over her inability to conceive. The court addressed the…
The Madras High Court ruled that a husband must obtain a judicial declaration for a disputed talaq. The court emphasized the need for legal validation of divorce in Muslim…
The Bombay High Court quashed a review order passed by the state tax joint commissioner under the Maharashtra Settlement Act, 2022, citing jurisdictional error. The case involved…
The Income Tax Appellate Tribunal ITAT deleted a ₹25.93 lakh deemed dividend addition made by the Assessing Officer AO against a shareholder. The AO had failed to verify the loan…
The Gujarat High Court quashed a summary order issued without an accompanying detailed order under Sections 73 or 74 of the GST Act, lifting the bank attachment against the…
The Rajasthan High Court ruled that the right to live with dignity under Article 21 of the Constitution includes the right to fulfill marital vows. The court emphasized the…
The Karnataka High Court addressed the Home Ministry’s guidelines for serving notices to persons residing abroad. The court emphasized the need for adherence to these guidelines…
SEBI Chief Madhabi Puri Buch has been accused by Rahul Gandhi of protecting Adani’s financial interests. Gandhi questioned who is safeguarding Buch’s interests, implying a…
Tata Trusts has announced cost-cutting measures, including reducing senior management roles, as part of its efforts to streamline operations and improve efficiency. Noel Tata, a…
India’s Star Health has cleared its Chief Security Officer of alleged wrongdoing in a data leak incident. The internal investigation found no evidence of misconduct or negligence…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT reduced the redemption fine and penalty imposed on M/s Rahul Agro Industries to ₹25 lakhs each. The case involved…
The Income Tax Appellate Tribunal ITAT ruled that no additions are allowed in completed unabated assessments under Sections 153A or 153C of the Income Tax Act without…
The Times of India blog discusses the need for reforming the MSME sector and strengthening the Production Linked Incentive PLI scheme. The blog highlights the challenges faced by…
InsuranceDekho and RenewBuy are nearing a merger to form India’s second-largest insurance aggregator, with a combined valuation expected to exceed $1 billion. The merger aims to…
Nomura has expressed concerns over India’s economic outlook, stating that the country has entered a cyclical growth slowdown. The financial services firm believes that the RBI’s…
The Maharashtra Real Estate Regulatory Authority MahaRERA has clarified that properties must meet specific eligibility criteria to obtain RERA registration. The clarification came…
The Reserve Bank of India’s RBI growth estimates for India have baffled economists, with the central bank projecting a 7.2% GDP growth rate for FY25. Economists argue that the…
Indian Bank reported a 36% YoY increase in net profit for Q2 FY25, driven by higher interest income. The bank’s net profit rose to INR 2,225 crore, up from INR 1,635 crore in the…
Domestic equity markets ended a five-day losing streak as geopolitical tensions eased following Israel’s restrained retaliatory attack on Iran, which led to a correction in oil…
ICICI Bank’s shares climbed over 3% following the announcement of its Q2 FY25 earnings. The bank reported strong financial performance, with significant growth in net profit and…
Lahori Jeera, a popular beverage brand, is expected to see a threefold increase in valuation following a Rs 400 crore fundraise. The company plans to use the funds to expand its…
The Reserve Bank of India RBI expects daily Unified Payments Interface UPI transactions to reach one billion in the next few months, up from the current 500 million transactions…
Fintech company Veefin Solutions reported a 325% YoY increase in profit to INR 4.13 Cr for Q2 FY25, up from INR 97.98 Lakh in the same period last year. However, the profit…
Foodtech giant Swiggy has set the price band for its upcoming IPO at INR 371-390 per share, aiming to raise INR 11,300 Cr. The IPO, one of the largest in India this year, includes…
SaaS company Unicommerce reported a 21% YoY increase in profit to INR 4.47 Cr for Q2 FY25, up from INR 3.69 Cr in the same period last year. The company’s revenue from contracts…
Drone manufacturer ideaForge reported a consolidated net loss of INR 13.7 Cr in Q2 FY25, a significant decline from a net profit of INR 90 Lakh in the same period last year.…
The Bombay High Court has admitted a plea challenging the Serious Fraud Investigation Office SFIO for interrogating individuals beyond office hours. The petitioner argued that…
The Karnataka High Court has ruled that a change of lawyer is not a valid ground for recalling a witness. The court emphasized that allowing such practices would lead to…
The Delhi High Court has deleted adverse observations made by a trial court against the Enforcement Directorate ED in a money laundering case. The trial court had criticized the…
The Delhi High Court has ruled that Section 45 of the Prevention of Money Laundering Act PMLA should not be used as a tool to indefinitely jail the accused. The court emphasized…
The Kerala High Court has ruled that nurses should not be arrested in a routine manner in cases of medical negligence. The court emphasized that arrests should only be made when…
The Karnataka High Court has ordered the release of Union Minister Pralhad Joshi’s brother and nephew, who were arrested in a cheating case. The court found that the arrests were…
The Delhi High Court has granted transit bail to an activist booked for alleged cruelty to dogs in Nagaland. The activist, who was involved in animal welfare activities, was…
The Delhi High Court has allowed the trial against Sharjeel Imam to proceed, rejecting his plea to quash charges of sedition and hate speech. Imam is accused of making…
The Madras High Court has refused to entertain a PIL challenging the Aryan-Dravidian race theory taught in educational institutions, directing the petitioner to approach the…
The Kerala High Court has sought the state government’s response to a plea challenging the formation of the Justice Hema Committee, which was constituted in 2017 to examine the…
Nomura has expressed concerns over India’s economic outlook, stating that the country has entered a cyclical growth slowdown. The financial services firm believes that the RBI’s…
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