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The Ahmedabad ITAT ruled that reopening assessments under Section 147 of the Income Tax Act due to a mere change of opinion by the Assessing Officer AO is unlawful. The AO had…
The Patna High Court ruled that the seven-day limitation period under Section 129 3 of the CGST Act is mandatory when passing penalty orders. The case arose after a penalty was…
The Madras High Court refused to interfere with the leasing of temple land for establishing a college, emphasizing the benevolent nature of the proposal. The court highlighted…
India and the Maldives have entered into a currency swap agreement worth $400 million ?30 billion to strengthen bilateral trade. This agreement will facilitate trade between the…
Despite high valuations, the defence sector in India is expected to see growth that justifies these prices. Fund managers note that ongoing government initiatives and increased…
The Sensex has experienced a significant drop of 5,100 points in just six days, driven by geopolitical tensions and concerns over the Chinese economy. Investors are reacting to…
Public Sector Banks PSBs in India are witnessing credit growth outpacing deposit growth, signaling strong demand for loans. Data shows that credit growth rose to over 15%…
Pune is rapidly becoming a vibrant startup hub in India, attracting entrepreneurs and investors alike. The city’s growing ecosystem is supported by a robust educational framework…
The Allahabad High Court ruled that the Central Bureau of Investigation CBI only requires the nod from the Centre to probe crimes committed abroad by Indians, without needing…
The Gujarat High Court ruled that the findings of an industrial tribunal regarding a railway employee's alleged misconduct were unsustainable without considering the inquiry…
Shares of Paytm soared over 15% after CEO Vijay Shekhar Sharma reaffirmed the company's focus on consumer payments during a recent investor call. This surge indicates market…
Indian government agencies have initiated an investigation into the recent $234 million hack of WazirX, a leading cryptocurrency exchange. The hack has raised serious concerns…
The Maharashtra government has abolished the Non-Agricultural NA tax on housing, commercial, and industrial properties. This tax had been a long-standing burden for property…
Former media executives have launched Frammer AI, which has raised $2 million to assist enterprises in monetizing their video content. The platform utilizes AI to optimize video…
Prosus, a global consumer internet group, is looking to increase its investment in Urban Company through a secondary deal. This move signals confidence in Urban Company’s business…
Zomato’s CEO, Deepinder Goyal, has urged shopping malls and retailers to treat delivery partners with more respect and humanity. In a recent statement, Goyal highlighted the…
Non-life insurance companies in India reported a 6.5% year-on-year decline in premiums for September 2024, primarily due to underperformance by state-owned insurers and a slowdown…
Yulu, an electric mobility startup, has achieved EBITDA positivity, reflecting its successful adaptation to rising demand in the quick commerce sector. The company’s annual…
The Madhya Pradesh High Court mandated the maintenance of CCTV cameras in police stations, emphasizing their crucial role in ensuring accountability. This directive came in the…
Tracxn, a data and research platform, has announced an expansion of its Employee Stock Ownership Plan ESOP pool, adding 2.42 lakh stock options. This move aims to enhance employee…
Supergaming is set to launch its highly anticipated battle royale game, Indus, on October 16. The game has generated excitement due to its unique blend of Indian culture and…
Ola Electric has experienced a 9% drop in its stock value following a public disagreement between CEO Bhavish Aggarwal and comedian Kunal Kamra regarding the company’s e-scooter…
Yulu, an electric mobility startup, has achieved EBITDA positivity, reflecting its successful adaptation to rising demand in the quick commerce sector. The company’s annual…
India has launched the RuPay card in Maldives, further enhancing bilateral relations between the two nations. The initiative aims to facilitate seamless financial transactions for…
After Deepinder Goyal’s departure from Snapdeal, Kunal Bahl, co-founder of Snapdeal and Titan Capital, has joined the cast of Shark Tank India. This shift highlights a significant…
Unacademy has promoted Arooshi Singh to Head of HR amidst ongoing management changes. Singh, who has been with the company for seven years, previously served as the Director of…
In a tragic case involving the rape and murder of a nine-year-old girl in Jaynagar, the Calcutta High Court ordered that the autopsy be conducted at AIIMS, Kalyani. The court…
Salzer Electronics has purchased a 72.32% stake in Kaycee Industries for ?116.79 crore, marking a strategic expansion into electrical components. The acquisition will enhance…
The Supreme Court expressed disapproval of the Uttarakhand High Court judge's derogatory remarks towards lawyers, emphasizing the need for mutual respect within the legal…
The Bombay High Court ruled that recording conversations within a police station does not constitute an offense under the Official Secrets Act. This decision arose from a case…
The Madhya Pradesh High Court granted relief to a man whose daughter filed a habeas corpus petition, arguing that her father could not afford to challenge bail rejections in the…
The Supreme Court ruled that courts are not obligated to set aside arbitral awards simply due to inadequate reasoning. This decision clarifies the standards of judicial review…
The Delhi High Court upheld the suspension of a member of the Indian Golf Union due to misconduct during the Olympics. The case drew attention as it involved ethical standards…
The Allahabad High Court has permitted the trial of a man accused in the dowry death of his live-in partner. The Court's decision underscores the seriousness of dowry-related…
The Supreme Court granted bail to a lawyer and a bureaucrat implicated in a Chhattisgarh coal scam case. The decision followed careful consideration of the evidence presented and…
A plea has been filed in the Supreme Court seeking the restoration of statehood for Jammu and Kashmir. The petition argues that the region's current union territory status…
The Rajasthan High Court overturned a state decision denying an arms license to a national shooter, citing improper consideration of the applicant's family background. The Court…
A Delhi court granted bail to former Chief Minister Lalu Prasad Yadav and his sons in a high-profile land-for-jobs scam case. The court's decision came after considering the…
The Madhya Pradesh High Court mandated the maintenance of CCTV cameras in police stations, emphasizing their crucial role in ensuring accountability. This directive came in the…
The Allahabad High Court acquitted a man who had spent 17 years in jail for murder, granting him the benefit of the doubt due to insufficient evidence. The convict, who had been…
The Orissa High Court issued important directives regarding the Ravan Podi Utsav during Durga Puja, emphasizing public safety and environmental considerations. Authorities in…
The Kerala High Court criticized a magistrate for taking cognizance in a case concerning the unauthorized use of an elephant. The Court emphasized that magistrates should not act…
The Kerala High Court ruled that individuals seeking anticipatory bail must disclose if they are abroad when applying. This information is deemed a material fact, as it could…
Ashneer Grover and his wife approached the Delhi High Court seeking the quashing of an FIR filed by the Economic Offences Wing EOW after reaching a settlement with BharatPe. The…
The Telangana High Court clarified that Section 105 of the Andhra Pradesh Reorganisation Act only permits the one-way transfer of pending cases from Andhra Pradesh to Telangana.…
The Calcutta High Court ruled that non-payment of outstanding salary or performance bonuses by an employer does not amount to criminal breach of trust. The court clarified that…
The Delhi High Court questioned the maintainability of a plea seeking a CBI investigation into alleged corruption involving electoral bonds and political donations. The court…
In a notable ruling, the Gujarat High Court stated that a father-in-law's efforts to support his son’s marriage do not constitute cruelty, absent contrary evidence. The court…
The Kerala High Court cautioned against tactics employed by accused individuals to delay proceedings in cheque dishonour cases. The court expressed concern over the detrimental…
The Telangana High Court upheld a decision that dismissed a property purchaser's appeal, stating that actions taken in willful disobedience of an injunction order are subject to…
The Ahmedabad ITAT ruled that reopening assessments under Section 147 of the Income Tax Act due to a mere change of opinion by the Assessing Officer AO is unlawful. The AO had…
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