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The Patna High Court has overturned the conviction of a man accused of sexually assaulting a minor, citing the unreliability of the child witness’s testimony. The court noted that…
The Patna High Court ruled that defendants cannot evade consequences after alienating property despite an undertaking to the court. The case involved a partition suit where the…
The Supreme Court lauded the achievements of persons with disabilities in a judgment allowing a candidate with a disability to pursue medical education. The case involved a…
The Department for Promotion of Industry and Internal Trade DPIIT has relaxed the mandatory quality control norms for cookware and utensils for micro units. The quality control…
The Department for Promotion of Industry and Internal Trade DPIIT has relaxed the mandatory quality control order for cookware for micro units. The relaxation aims to support…
India’s outward foreign direct investment FDI declined to $3.7 billion in September 2024, according to data from the Reserve Bank of India RBI . This represents a decrease from…
The Indian government plans to sell up to ₹1.3 crore shares of Cochin Shipyard through an offer for sale OFS . The floor price for the OFS has been set at ₹350 per share. The sale…
IBM has acquired Bengaluru-based SaaS startup Prescinto, which specializes in renewable energy solutions. The acquisition is part of IBM’s strategy to expand its presence in the…
The Supreme Court ruled that State Electricity Regulatory Commissions are not bound by directions from the state or central government under Section 108 of the Electricity Act.…
The Delhi High Court allowed the extension of an arbitrator’s mandate despite the filing of an application under Section 29A of the Arbitration and Conciliation Act after the…
The National Company Law Tribunal NCLT Allahabad ruled that an order under Section 45A of the Employees’ State Insurance ESI Act cannot be passed during the moratorium period…
The Production Linked Incentive PLI scheme for white goods has attracted strong participation from MSMEs. The scheme, launched by the Indian government, aims to boost domestic…
Andhra Pradesh is focusing on industrial growth by establishing Ratan Tata Innovation Hubs and offering incentives to micro, small, and medium enterprises MSMEs . The state…
Indigo Venture has received approval from the Securities and Exchange Board of India SEBI to launch a venture capital fund. The fund aims to invest in early-stage startups across…
Despite recent diplomatic tensions, a report suggests that the India-Canada bilateral trade and investment relationship will remain unaffected. The report highlights the strong…
A man in Central Delhi lost ₹6 lakh to an insurance investment scam. The victim was approached by fraudsters posing as insurance agents who promised high returns on investments.…
The Calcutta High Court ruled that an industrial undertaking engaged in infrastructure development activities performed with a state government’s nodal agency is eligible for…
The Gujarat High Court directed the Commissioner of Income Tax to condone a one-year delay in filing a tax return under Section 119 2 b of the Income Tax Act. The case involved an…
The Kolkata Bench of the Income Tax Appellate Tribunal ITAT ruled that an allotment letter by a developer should be treated as ‘construction’ for the purpose of set-off of capital…
The State Bank of India SBI has launched a special fixed deposit scheme called “Amrit Vrishti,” offering interest rates up to 7.9%. This scheme is available for a limited period…
Hyundai Motor India has launched its initial public offering IPO with a price band of ₹1865 to ₹1960 per share. The IPO, which opened on October 15, 2024, and closes on October…
Gold loans are surging in popularity in India due to rising gold prices and economic uncertainty. The festive season, characterized by increased gold purchases, has further…
Goldman Sachs reported a higher-than-expected profit for the third quarter, driven by strong performance in its investment banking division. The bank’s net income for the quarter…
Navi has closed a $24.5 million loan securitization deal with Goldman Sachs. This deal marks a significant milestone for Navi as it continues to expand its financial services…
The Kerala High Court ruled that summons issued under Section 70 of the Central Goods and Services Tax CGST Act, 2017, do not initiate proceedings under Section 6 2 b of the Act.…
The Reserve Bank of India RBI will conduct a government securities G-sec buyback worth Rs 25,000 crore via the RBI’s e-Kuber platform on October 17, 2024. This move aims to manage…
The Income Tax Appellate Tribunal ITAT ruled that unit-wise deductions under Section 80IA must be granted without considering losses from other eligible units. The case involved a…
Nitro has partnered with Disney+ Hotstar to offer AI-driven advertising solutions. This collaboration aims to enhance the advertising experience on the streaming platform by…
Nazara Technologies has received shareholder approval to acquire a 48% stake in Baazi Games, the parent company of PokerBaazi. This acquisition is part of Nazara’s strategy to…
Blinkit has introduced a 10-minute return policy for footwear and clothing, aiming to enhance customer satisfaction and convenience. This new policy allows customers to return…
Jayant Chauhan, Chief Product and Technology Officer at Mamaearth, has resigned from his position. Chauhan joined Mamaearth in 2021 and played a crucial role in scaling the…
A special court in Bengaluru granted bail to BJP MLA Munirathna, who is accused of rape and sexual harassment. Special Judge Santosh Gajanan Bhat granted bail to Munirathna and…
The Kolkata Bench of the Income Tax Appellate Tribunal ITAT invalidated an addition made under Section 56 2 vii of the Income Tax Act, 1961, and deleted the deemed gift…
The Income Tax Appellate Tribunal ITAT ruled that the registration of a house 24 months after its sale is not a ground to deny exemptions under Section 54F of the Income-tax Act.…
The National Company Law Tribunal NCLT deferred its order on the liquidation of Go First airlines due to legal questions about the liquidator’s role and third-party funding for…
The Jammu and Kashmir High Court ruled that an insurance company cannot reduce the claim amount payable to an insured claimant on the grounds that the claimant received government…
The Supreme Court of India declined to stay the panchayat elections in Punjab, noting that polling had already begun. The appeal was filed against a Punjab and Haryana High Court…
The Kerala High Court has upheld the requirement of probation for the transfer and recruitment of nursing officers, distinguishing the case from previous precedents. The case…
The Allahabad High Court has ruled that the state cannot refuse to provide adequate medical facilities to undertrial prisoners. The case involved a petition by an undertrial…
The Madhya Pradesh High Court has directed the Revenue Department to address a land demarcation request under Article 227 of the Constitution. The case involved a petitioner…
The Jammu and Kashmir High Court has upheld the state government’s decision to withdraw the Budgetary Support Scheme of 2018, which provided reimbursement of IGST to manufacturing…
The Andhra Pradesh High Court has refused to quash an FIR filed against a man accused of making a false promise of marriage. The complainant alleged that the accused had engaged…
OFB Tech Private Limited filed a ₹2 crore defamation suit in the Delhi High Court against The Morning Context for an allegedly defamatory article. The article, published on…
The Telangana High Court has ruled that the Enforcement Directorate ED must obtain permission from a special court before conducting further investigations under the Prevention of…
The Kerala High Court has sentenced two members of the Muslim League and DYFI to life imprisonment for the murder of Shibin, a political activist. The court found that the accused…
The Delhi High Court dismissed a petition against the reopening of assessment under Section 148 of the Income Tax Act, affirming the validity of the notice issued. The case…
The Allahabad High Court has directed a daughter to pay 25% of her hospitalized mother’s medical bills as part of a settlement in a maintenance dispute. The court referred to the…
The Patna High Court has overturned the conviction of a man accused of sexually assaulting a minor, citing the unreliability of the child witness’s testimony. The court noted that…
The Kerala High Court has ruled that having sexual intercourse and being naked in front of a minor amounts to sexual harassment under Section 11 of the POCSO Act, punishable under…
The Calcutta High Court has confirmed that deductions under Section 80-IA of the Income Tax Act are available to industrial undertakings engaged in infrastructure development,…
The Patna High Court has overturned the conviction of a man accused of sexually assaulting a minor, citing the unreliability of the child witness’s testimony. The court noted that…
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