The Directorate of Enforcement ED in Jalandhar has attached assets worth ₹71.13 lakh belonging to Raman Kumar and his family in a case of criminal conspiracy and forgery related…
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The Directorate of Enforcement ED in Jalandhar has attached assets worth ₹71.13 lakh belonging to Raman Kumar and his family in a case of criminal conspiracy and forgery related…
Unacademy CEO Gaurav Munjal dismissed rumors of a possible merger or acquisition, stating the company is experiencing its best year in terms of growth and profitability. Following…
Koo, the Indian microblogging platform once seen as a rival to X formerly Twitter , has shut down due to failed partnership talks and high operational costs, founder Aprameya…
Indian labour officials visited a Foxconn factory near Chennai this week to investigate claims of discrimination against married women in iPhone assembly jobs, following a Reuters…
Pillar Two of the OECD’s Inclusive Framework on Base Erosion and Profit Shifting aims to ensure that large multinational enterprises MNEs pay a minimum 15% tax rate globally. It…
Bengaluru-based private hospital chain Narayana Health plans to launch a new, more comprehensive insurance plan by the end of this month or early next month, according to Viren…
ICICI Lombard has launched a pioneering health insurance product, ‘Elevate’, which leverages AI to offer innovative, customer-centric solutions. This first-of-its-kind product…
On July 3, the National Company Law Tribunal NCLT in Bengaluru reserved judgment on insolvency pleas filed by mobile phone maker Oppo and telemarketing company Surfer against…
In the forthcoming Budget 2024-25, the Indian government is considering tax relief measures for individuals. One option is increasing the exemption limit under the new tax regime…
The Income Tax Department has updated the Annual Information Statement AIS for individuals, focusing on transparent reporting of foreign exchange transactions. Banks must now…
CBIC Chairman Sanjay Kumar Agarwal announced that decisions from the GST Council’s 53rd meeting, including an amnesty scheme for early GST issues and a sunset date for…
High-net-worth individuals HNIs in India are increasingly opting for high-value term insurance policies, often worth Rs 20 crore or more, indicating a shift in financial planning…
Delhi’s Rouse Avenue Court extended Chief Minister Arvind Kejriwal’s judicial custody until July 12 in the Delhi liquor excise policy money laundering case and will decide on July…
The newly enacted Bharatiya Nyaya Sanhita BNS , effective from July 1, 2024, replaces the Indian Penal Code and introduces several key changes to sexual offences. The BNS makes…
Prime Minister Narendra Modi called the three new criminal laws a “watershed moment” in Indian history, aiming to protect the vulnerable and curb serious crimes. Union Home…
Jasti Chelameswar, former Supreme Court judge, criticized the new criminal laws, effective from July 1, as superficial changes to existing laws. He questioned the feasibility of…
N. Venu, Chairman of CII Karnataka and MD & CEO of Hitachi Energy India & South Asia, emphasized CII Karnataka's focus on growth, sustainability, inclusiveness, and global…
Indiabulls Housing Finance has officially rebranded as ‘Sammaan Capital Limited’ after receiving the necessary approvals. Announced initially in May 2023 and January 2024, the…
Indian banks reported significant earnings growth in FY24, with net profit of all listed banks rising 39% YoY to surpass ₹3 lakh crore. However, Q1 FY25 is expected to be softer,…
Mid-sized and smaller private sector lenders reported robust loan growth in Q1 FY25, though low-cost deposits declined. Federal Bank saw a 20.1% year-on-year increase in gross…
HDFC Bank will conduct maintenance on July 13, affecting UPI, net banking, and mobile banking services. UPI services will be unavailable from 3 a.m. to 3:45 a.m. and 9:30 a.m. to…
In a significant legal development, a sexual harassment case involving the Governor of West Bengal has escalated to the Supreme Court. The victim has filed a petition seeking…
The Supreme Court of India stayed a Patna High Court bail condition that mandated the victim to stand as surety for the accused, deeming it "absurd." The Patna High Court had…
The Madras High Court declined to stay the implementation of three new criminal law Bills passed by the Indian Parliament, which aim to replace the Indian Penal Code, Code of…
The Telangana High Court declined to quash a case involving allegations that a senior advocate tried to bribe judges with ₹7 crore. The court observed that the serious nature of…
In a recent incident, the Allahabad High Court intervened after discovering that 50 copies of an official document were exchanged between government officials without proper…
The Rajasthan High Court clarified that Lok Adalats cannot dismiss a case merely because one party refuses to appear. The court emphasized that the refusal of one party to…
The Kerala High Court has appointed a new Devaswom Commissioner for the Travancore Devaswom Board following the retirement of the previous commissioner. The appointment aims to…
The Calcutta High Court ruled that police cannot curtail the freedom of a citizen based on their political affiliation or involvement in corruption cases. The judgment emphasized…
The Madras High Court ruled that legal profession is not a business, prohibiting lawyers from advertising services on websites and social media. The court emphasized that legal…
The Punjab & Haryana High Court, in its initial order regarding the Bharatiya Nagarik Suraksha Sanhita, emphasized the need for a comprehensive evaluation of the scheme's…
The Maharashtra Real Estate Regulatory Authority MahaRERA has ordered the builder of the Suburbia Estate project in Pune to pay interest to homebuyers for delayed possession. Four…
The Bangalore District Consumer Disputes Redressal Commission held HDFC Ergo Health Insurance liable for wrongful repudiation of a claim based on an unsubstantiated pre-existing…
The Bangalore District Consumer Disputes Redressal Commission held the State Bank of India SBI liable for failing to safeguard a customer's Fixed Deposit FD account, resulting in…
The Belagavi District Consumer Disputes Redressal Commission held Oriental Insurance Company liable for denying a genuine medical claim. The complainant, who had an active…
The Mysore District Consumer Commission has ordered a Royal Enfield dealer to replace or refund the cost of a defective motorcycle. The complainant, after purchasing a Royal…
The Mysore District Consumer Disputes Redressal Commission found Kotak Mahindra Life Insurance Company liable for failing to honor policy terms. The complainant, having paid…
The Tiruvannamalai District Consumer Disputes Redressal Commission held Zoom Car India Pvt Ltd liable for providing a defective vehicle to a consumer. The complainant, Karthik,…
The South Mumbai District Consumer Commission found Bajaj Allianz General Insurance liable for wrongful repudiation of a theft claim. The complainant, who had insured his car,…
The IBBI has mandated that Insolvency Professionals must use an electronic platform for voluntary liquidation processes, as per a recent circular. The circular emphasizes the…
The IBBI has introduced a circular mandating Insolvency Professionals IPs to file various forms electronically for monitoring liquidation processes. The circular aims to…
In a recent Gujarat High Court decision, it was ruled that cash transactions in the sale and purchase of residential properties cannot be disallowed merely for exceeding the…
The Calcutta High Court has stayed an order demanding payment reversal and Input Tax Credit ITC cancellation pending an appeal by a supplier against cancellation of their GST…
The Karnataka High Court ruled on a case involving the seizure of goods due to alleged undervaluation during transit. The petitioner challenged the action of the inspecting…
CESTAT held that capital goods used by a contractor in captive mines' removal are eligible for CENVAT credit under Rule 57Q of the Central Excise Rules. The appellant, a mining…
The Calcutta High Court has granted permission to a BJP leader to hold a protest outside Raj Bhavan regarding post-poll violence. The court allowed the protest with specific…
The Madras High Court declined to transfer the investigation into the Kallakurichi hooch tragedy, emphasizing that no compelling circumstances existed warranting such a transfer.…
The Kerala High Court has dismissed MLA Mani C. Kappan's criminal revision petition challenging the framing of charges against him by a special court. The court ruled that the…
In a significant judgment, the Madhya Pradesh High Court upheld the right of Jains to worship at the Bhojshala Temple amidst a dispute with Muslims over the Kamal Maula Mosque.…
The Madras High Court has addressed disciplinary action against lawyers soliciting clients through online service providers, emphasizing the violation of professional ethics and…
The Directorate of Enforcement ED in Jalandhar has attached assets worth ₹71.13 lakh belonging to Raman Kumar and his family in a case of criminal conspiracy and forgery related…
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