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26 January 2024 / Business News

Supreme Court Dismisses Customs’ Request for Review in Adani Companies’ Import Overvaluation Allegations.

The Supreme Court has rejected a customs department review plea in a case involving alleged overvaluation of imported goods by…
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26 January 2024 / Business News

The Supreme Court declines to entertain Wipro Enterprises’ plea in the ‘Evecare’ trademark case.

On 25th January 2024, Thursday, the Supreme Court declined to entertain Wipro Enterprises’ appeal challenging a Delhi High Court interim…
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25 January 2024 / Business News

Airtel’s Request for Clarification on Rs. 112 Crore Payment to Aircel Denied by Supreme Court

On January 25, the Supreme Court declined to entertain Airtel’s request for clarification regarding its order instructing the telecom giant…
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25 January 2024 / Business News

RBI Grants Approval to LIC for 9.99% Acquisition in HDFC Bank

On January 25, 2024 Thursday, the Reserve Bank of India granted approval to Life Insurance Corporation of India (LIC), a…
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25 January 2024 / Business News

Azim Premji, founder of Wipro, transfers IT firm’s shares valued at Rs 483 crore to sons Rishad and Tariq.

Azim Premji, the founder of Wipro Ltd, has made a substantial gesture by transferring 1.02 crore equity shares of Wipro,…
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25 January 2024 / Business News

Byju’s Faces Crisis as Foreign Lenders File Insolvency Petition, According to Reports

A recent report indicates that international lenders to Byju’s have initiated insolvency proceedings against the ed-tech company. Byju’s is grappling…
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25 January 2024 / Business News

Swiggy Reportedly Plans Workforce Reduction of 6% to Cut Expenses

Indian food delivery startup Swiggy plans to cut 6% of its workforce as part of cost-cutting measures and to enhance…
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Articles

  • Reverse Flipping of Startups: A New Era for Indian Businesses

    Introduction India’s startup ecosystem has witnessed rapid global expansion over the last decade, with many homegrown startups choosing to incorporate abroad in countries like the United States or Singapore for easier access to capital and favorable regulatory environments. However, recent government reforms are now encouraging the “reverse flipping” of startups—bringing those companies back to India.…

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  • Understanding the Alteration of Share Capital

    As a business expands, it may consider growing in terms of operations, size, scope, or structure. To achieve this growth, it might be necessary to infuse more capital into the company, thereby increasing its share capital. Sometimes, the required capital may exceed the current allowable limit. Authorized capital is the maximum amount of capital a…

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  • Understanding Form CHG-4 in ROC Compliances

    What is Form CHG-4? Form CHG-4 is filed to notify the RoC about the payment or complete satisfaction of any registered charge within 30 days from the date of such payment. This form plays a vital role in ensuring transparency and compliance in corporate financial dealings. Legal Framework: Want to File CHG-4: File With Legal…

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  • The First War of Indian Independence: A Turning Point in Colonial History

    The First War of Indian Independence, also known as the Indian Rebellion of 1857 or the Sepoy Mutiny, marks a significant chapter in Indian history. It was a widespread uprising against British rule that began in the Indian subcontinent in 1857 and continued until 1858. This event had far-reaching consequences, shaping the course of Indian…

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  • The Battle of Assaye: Wellesley’s Triumph and the Dawn of British Dominance in India

    The Battle of Assaye, fought on September 23, 1803, near the village of Assaye in western India, was a pivotal engagement during the Second Anglo-Maratha War. It pitted the British East India Company, led by Major General Arthur Wellesley (later Duke of Wellington), against the Maratha Confederacy, commanded by Daulat Rao Scindia and his French…

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