Union Home Minister Amit Shah announced that the Uniform Civil Code UCC will be implemented nationwide within five years if the Modi government returns to power, following…
25/05/20241 min read
Read Sorted by Latest
Union Home Minister Amit Shah announced that the Uniform Civil Code UCC will be implemented nationwide within five years if the Modi government returns to power, following…
The data-driven BFSI and fintech sectors in India face significant challenges in safeguarding sensitive customer data amidst increasing digitization and cyber threats. Companies…
Former Financial Services Secretary D K Mittal emphasized the vital role of small finance banks SFBs in promoting financial inclusion. He suggested that easing certain…
IDBI Bank received a GST demand notice of Rs 2.92 crores from the Dehradun State Tax Department for alleged excess input tax credit ITC availment. The notice included a demand of…
In the case of Arabian Oilfield Suppliers & Services v. Greka Drilling India Limited, the Delhi High Court, presided by Justice Dharmesh Sharma, held that winding-up proceedings…
Last week witnessed a remarkable surge in market valuations, with nine of the top-10 most-valued firms collectively adding Rs 1,85,320.49 crore. Reliance Industries Ltd and HDFC…
Last week witnessed a remarkable surge in market valuations, with nine out of the top-10 most-valued firms contributing to a significant increase of Rs 1,85,320.49 crore. Reliance…
Proxy advisory firm Glass Lewis has advised Tesla shareholders to reject a proposed $56 billion pay package for CEO Elon Musk, deeming it excessively large. The package, which…
Mark Mobius, Chairman of Mobius Emerging Opportunities Fund, asserts that global equity markets still have significant potential, with growing interest in US equities benefiting…
Finance Minister Nirmala Sitharaman emphasized the Central Government's "pro-poor approach" in GST implementation, noting that despite lower tax rates, GST revenues as a…
Analysts anticipate a gradual upward movement in equity markets this week amid volatility as both election and earnings seasons near their conclusion. Global trends and foreign…
India stands on the cusp of an electric vehicle EV revolution, driven by proactive government policies and the innovative spirit of startups. With ambitious targets and supportive…
Investors in CIG Realty Fund have approached the Securities Appellate Tribunal SAT alleging breach of contract by the fund's trustees, leading to inconvenience. They invested…
SEBI has issued regulations effective from June 22, 2024, to regulate the sharing of real-time stock price data with third-party entities. The move comes in response to concerns…
SEBI has proposed amendments to the Business Responsibility and Sustainability Reporting BRSR framework following recommendations from an Expert Committee chaired by S.K. Mohanty.…
SEBI's innovative approach through the Industry Standards Forum ISF has led to the formulation of practical standards for regulation implementation. The recent circular issued by…
The Gujarat High Court has issued a notice to the Gujarat Information Commission and concerned officers following a challenge by government employee Ketki Vyas against a Rs 5,000…
AI-driven credit assessment aims to democratize access to credit, particularly benefiting small businesses and marginalized borrowers. However, concerns about transparency and…
The Enforcement Directorate ED conducted a second search at the Colaba residence of an IPS officer after her husband's arrest in a Rs 263 crore Income Tax Refund fraud case. \r…
US Treasury Secretary Janet Yellen stated that the US won't finalize a global tax deal until India and China agree on unresolved issues. Yellen emphasized the importance of their…
WIPO members have finalized a treaty mandating patent applicants to disclose the origin of genetic resources or associated traditional knowledge. Led by India, this treaty aims to…
In the case titled Zonal Manager, Life Insurance Corporation of India & Anr vs. Sunil Kumar, presided over by AVM J. Rajendra, the National Consumer Disputes Redressal Commission…
In the case titled Life Insurance Corporation Of India vs. Shubhalaxmi Shankar Shetty, presided over by Subhash Chandra, the National Consumer Disputes Redressal Commission held…
Ranchi Municipal Corporation RMC reports that 223 state government-owned buildings owe Rs 82.25 crore in holding taxes. Defaulters include government offices, educational…
During the 'Bima Vitarak Manthan,' insurance brokers proposed to the Insurance Regulatory and Development Authority of India Irdai to permit them to appoint 'Bima Vahaks,' rather…
Paytm General Insurance Ltd PGIL , an associate of One 97 Communications Ltd, withdrew its general insurance license application with IRDAI, opting for a distribution-only model.…
The Insurance Regulatory and Development Authority Irdai now requires insurance companies to obtain prior approval for appointing board chairpersons. Current chairpersons may…
The Allahabad High Court ruled that under the Income Tax Act, the Assessing Officer cannot alter the Gross Profit Rate accepted by the Commissioner of Income Tax Appeals unless…
The Supreme Court of India declined to condone the delay in filing a review petition against an income tax order as the revenue department failed to provide a reasonable cause for…
The Supreme Court upheld land acquisitions by Delhi authorities between 1957-2006 for public projects, overturning a Delhi High Court ruling. The verdict, citing public interest,…
In an article dated October 03, 2023, titled "Formation of Industry Standards Forum by SEBI - a pragmatic era in regulation implementation," it was highlighted that SEBI initiated…
SEBI announced AV presentations for public issue offer documents, covering key disclosures in DRHP, RHP, and Price Band Ads, in English and Hindi. Investors are cautioned against…
Singapore's ThinKuvate launches its inaugural India-focused fund with a ₹100 crore corpus, aiming to support tech startups in various sectors. Founding Partner Ghanshyam Ahuja…
Google's investment of $350 million in Flipkart, part of a $1 billion round initiated by the latter in 2023, marks a pivotal moment in the e-commerce giant's journey towards an…
Several companies are set to trade ex-dividend in the upcoming week, with dividends announced by various firms such as Stovec Industries Ltd, CMS Info Systems Ltd, and Havells…
The US Securities and Exchange Commission SEC has granted approval to Nasdaq, CBOE, and NYSE for applications enabling exchange-traded funds ETFs holding Ethereum's native token,…
In his recent GREED & fear note, Jefferies' Christopher Wood suggests that the incumbent BJP government's potential poor performance in the ongoing general election, with results…
Home decor startup Vaaree secured Rs 20.78 crore $2.5 million in a pre-Series A round led by Capier Investments and Peak XV’s Surge Ventures. Founded by Garima Luthra, Pranav…
The Supreme Court clarified that in a suit for specific performance of a contract, where the plaintiff must prove readiness and willingness to perform, the plaintiff's power of…
The Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal CESTAT emphasized that the mere filing of an appeal to challenge its orders before the Supreme Court does…
The Chandigarh Customs, Excise, and Service Tax Appellate Tribunal CESTAT dismissed 26 appeals filed by the department against a common order passed by the Commissioner of Customs…
High-risk workplaces in India, such as factories and construction sites, face significant safety challenges, leading to numerous accidents and fatalities. To address these issues,…
The Institute of Chartered Accountants of India's Disciplinary Committee debars a Chartered Accountant for one month due to misconduct in UDIN Generation. \r Despite blaming…
The Finance Ministry urged the State Bank of India SBI to establish a committee to tackle issues in the co-lending model. Following the RBI's approval for banks to co-lend with…
Chengalath Jayaram, former Joint Managing Director of Kotak Mahindra Bank, has been appointed as an Independent Director at KFin Technologies Limited, effective from May 24, 2024.…
India's solar market witnessed a remarkable surge in Q1 2024, with installations reaching 9.7 GW, marking a 524% QoQ and nearly 534% YoY increase. Factors such as falling module…
State Bank of India SBI has initiated a new project funding regime by incorporating a clause in its loan documents that enables it to pass on any increased costs resulting from…
The Madras High Court dismissed Infosys' petition against TANGEDCO's demand for approximately 6.7 crores as Shortfall Amount/Adjustment charges. Justice GK Ilanthiraiyan ruled…
The Meghalaya High Court dismissed an appeal against a ₹2 crore excise duty demand, directing the appellant to approach the Supreme Court under section 35L of the Central Excise…
The Chandigarh Customs, Excise, and Service Tax Appellate Tribunal CESTAT dismissed the department's appeal, citing a circular restricting appeals below Rs. 50 lakhs. The…
Union Home Minister Amit Shah announced that the Uniform Civil Code UCC will be implemented nationwide within five years if the Modi government returns to power, following…
Showing 50 of 42930 updates