Byju’s-Aakash settlement talks enter final stretch ahead of NCLT hearingSettlement talks are underway between Manipal Education and Medical Group and GLAS Trust, representing Byju's US lenders, to resolve the Aa...
22 Jun, 2026, 06.00 AM IST
Karnataka CM Shivakumar's first wish list: Water share, Bengaluru infra boostKarnataka Chief Minister DK Shivakumar has presented his first wish list to the Centre. His top priorities include securing the state's rig...
19 Jun, 2026, 04.00 PM IST
Income Tax department labels her stock market trader, denies investor status; she fights and wins Rs 54 crore capital loss claim at ITATDolly Khanna successfully challenged the tax department's classification of her Rs 54 crore short-term capital loss as a business loss. The...
18 Jun, 2026, 12.30 PM IST
Five reforms India needs before the next shockIndia faces economic vulnerabilities from external crises. Five reforms are proposed to build resilience. These include reducing gold and c...
17 Jun, 2026, 11.59 PM IST
Tata Play loss widens to Rs 551 crore in FY26 as customers migrate to streaming, DD Free DishTata Play faced a wider net loss and lower revenue in the 2025-26 financial year. Customers are moving away from DTH services to free platf...
14 Jun, 2026, 11.23 AM IST
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
12 Jun, 2026, 06.46 PM IST
Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rulesA woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...
12 Jun, 2026, 10.44 AM IST
Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...
09 Jun, 2026, 04.57 PM IST
Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declarationMr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...
08 Jun, 2026, 09.52 AM IST
NCLAT quashes Ligare Aviation's insolvency; loan from Religare Enterprises round-tripping of moneyThe National Company Law Appellate Tribunal has cancelled insolvency proceedings against Ligare Aviation. The tribunal found the National C...
07 Jun, 2026, 12.06 PM IST
EPFO held on to Rs 10 lakh for 11 years: Patna HC orders it to refund the deposit with 6% interest for ‘unjust enrichment’The Patna High Court has ordered the EPFO to pay 6% annual interest on a Rs 10 lakh deposit, citing unjust enrichment. The court ruled that...
06 Jun, 2026, 07.11 AM IST
Chhattisgarh HC says Economic Value of Frozen Assets must be preserved during PMLA proceedingsThe Chhattisgarh High Court ruled that asset preservation under PMLA includes safeguarding economic value, not just legal control. This all...
05 Jun, 2026, 01.56 PM IST
Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
02 Jun, 2026, 07.11 AM IST
SoftBank overtakes Toyota as Japan's most valuable companyFueled by its significant stake in AI powerhouse OpenAI, SoftBank Group has surged past Toyota to become Japan's most valuable company. The...
01 Jun, 2026, 10.51 AM IST
SoftBank to invest €75 billion in 5 GW French AI centresSoftBank Group is set to invest up to $87 billion in France to build 5 gigawatts of AI data center capacity, aiming to establish the countr...
01 Jun, 2026, 06.19 AM IST
'Misleading financial statements': Suzlon to challenge Sebi's penalty order before SATSuzlon Energy plans to challenge Sebi's order imposing penalties of nearly Rs 29 crore on the company and former executives over alleged ac...
31 May, 2026, 10.39 AM IST
SoftBank to spend $87.5 billion on AI centres in France: SonJapanese tech investor SoftBank will spend 75 billion euros ($87.5 billion) on artificial intelligence infrastructure in France, its founde...
31 May, 2026, 01.35 AM IST