Walkoo Food Acquires Majority Stake in Meemee’s Ice Creams
Walko Food Acquires Majority Stake in Meemee’s Ice Creams, Think Law, Burgeon Law Act as Advisors: Mumbai, India – Walko Food Company Private Limited, the parent company behind the popular NIC Ice Cream brand, has announced a significant strategic move into India’s burgeoning artisanal dessert segment with the acquisition of a majority stake in Scoop Some More Private Limited, which operates under the brand name MeeMee’s Ice Creams. This acquisition marks a sweet expansion for Walko Food, broadening its dessert portfolio and tapping into a market segment known for its innovative and youth-oriented products.
Don’t Burden Yourself with Loans for Foreign LLM Degrees.: CJI BR Gavai
Don’t Burden Yourself with Loans for Foreign LL.M.: CJI BR Gavai to Law Graduates: Hyderabad, India – Chief Justice of India…
Uttarakhand Panchayat Election: High Court Stays EC Decision to Allow Candidates With Names on Multiple Voter Rolls
Uttarakhand High Court Stays EC Move Allowing Candidates on Multiple Voter Rolls: NAINITAL, UTTARAKHAND – In a significant intervention impacting the integrity of local elections, the Uttarakhand High Court has temporarily stayed a controversial clarification issued by the State Election Commission (SEC). The SEC’s directive, which permitted candidates whose names appear on multiple electoral rolls to contest polls, has been deemed “prima facie” contrary to the provisions of the Uttarakhand Panchayati Raj Act.
Don’t Hide Your Mental Health Issues, CJI Gavai Tells Law Students, Legal Professionals
Don’t Hide Your Mental Health Issues: CJI BR Gavai to Law Students: HYDERABAD, INDIA – In a candid and compassionate address to the graduating class of NALSAR University of Law, Chief Justice of India Justice B.R. Gavai delivered a powerful message urging young lawyers to confront the emotional and structural challenges inherent in the legal profession, emphasizing the critical importance of mental health and self-care. His remarks, delivered at the university’s 22nd Convocation, resonated deeply, offering both a stark reality check and an uplifting call to foster a more supportive legal community.
Cheque Bounce: Notice on Relative Not Sufficient for Cheque Dishonor Case, says Kerala HC
Section 138 of Negotiable Act: Notice on Relative Not Sufficient for Cheque Dishonor Case, Says Kerala High Court: Kochi, India – In a significant ruling concerning the Negotiable Instruments Act, the Kerala High Court has clarified that merely serving a notice of cheque dishonor on a relative of the accused is not sufficient to initiate proceedings under Section 138, unless it can be demonstrably proven that the accused had direct knowledge of such notice. This decision provides crucial guidance on the stringent requirements for statutory notice in cheque dishonor cases.
TVS Infrastructure Trust Raises $156 Million in Landmark IPO
TVS Infrastructure Trust Raises ₹1,300 Crore ($156 Million USD) in Landmark IPO: Mumbai, India – TVS Industrial & Logistics Parks has…
India Power demand falls in Q1, first decline since pandemic
India’s power demand in the first quarter of the financial year 2025-26 declined almost 1.5% from the same period last…
Annual Increment Cannot Be Denied to Retiring Government Employees: Patna HC
A bench led by Justice Satyavrat Verma held that government employees retiring on June 30 are entitled to receive the annual increment due on July 1, provided they have completed one full year of service since their last increment. This decision overturns the previous practice of denying the benefit simply because retirement occurred one day before the official increment date.
Prime Minister Modi retains key ministers, inducts new faces in revamped cabinet
Modi 3.0 cabinet: Prime Minister Narendra Modi unveiled his new cabinet on Monday, following his historic third consecutive term victory in the recent Lok Sabha elections. The council of ministers reflects a blend of continuity and change, with several key figures retaining their portfolios and fresh faces being brought in for other crucial positions.
Budget 2024-25: FM sticks to path of fiscal prudence, no change in tax structure
Union Finance Minister Nirmala Sitharaman presented the Modi 2.0 government’s last Budget before the general elections on Thursday. The interim budget has a mix of measures for the economy and significant segments for women that are important from the point of voters’ pull.
News
Electronics Bazaar’s IPO Nets Rs 460 Crore
Trilegal, Saraf and Partners, Crawford Bayley & Co Adivse on Electronics Bazaar’s ₹460 Crore IPO: MUMBAI — GNG Electronics Limited, operating under the popular brand “Electronics Bazaar,” has made a…
Walkoo Food Acquires Majority Stake in Meemee’s Ice Creams
Walko Food Acquires Majority Stake in Meemee’s Ice Creams, Think Law, Burgeon Law Act as Advisors: Mumbai, India – Walko Food Company Private Limited, the parent company behind the popular NIC Ice Cream brand, has announced a significant strategic move into India’s burgeoning artisanal dessert segment with the acquisition of a majority stake in Scoop Some More Private Limited, which operates under the brand name MeeMee’s Ice Creams. This acquisition marks a sweet expansion for Walko Food, broadening its dessert portfolio and tapping into a market segment known for its innovative and youth-oriented products.
Wilmar Acquires 20% Stake in AWL Agri Business from Adani for Rs 7150 Crores
Wilmar Acquires 20% Stake in AWL Agri Business from Adani for $860 Million: Ahmedabad, India — In a significant move within the Indian FMCG sector, Wilmar Group has agreed to acquire a 20% stake in AWL Agri Business Limited from Adani Group for a total consideration of ₹7,150 crore (approximately $860 million). The acquisition, which marks a major shift in the ownership structure of the prominent food and beverage conglomerate, was finalized through Wilmar’s wholly-owned subsidiary, Lence Pte. Ltd.
Income Tax department raids a prominent builder in Mumbai
Income Tax officers have raided more than 40 places linked to the builder in Mumbai and Pune and unearthed bogus transactions worth Rs 700 crore.
Income Tax department raids a prominent builder in Mumbai
Income Tax officers have raided more than 40 places linked to the builder in Mumbai and Pune and unearthed bogus transactions worth Rs 700 crore.
GST Return: How to file GST Nil returns by sending SMS
How to file Nil GSTR-1 Returns through SMS: In a big relief to GST taxpayers, the Central Board of Indirect Taxes and Customs (CBIC) has allowed the filing of NIL GSTR-1 return just by sending a SMS. It would substantially improve ease of GST compliance, according to the tax experts.
Tax
Crackdown: Income Tax dept raids two liquor groups in TN, unearths undeclared income of Rs 700 crore
Cracking down on tax evasion: In the two raids conducted over the last week, income tax officials have unearthed sham transactions worth Rs 700 crore.
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Electronics Bazaar’s IPO Nets Rs 460 Crore
Trilegal, Saraf and Partners, Crawford Bayley & Co Adivse on Electronics Bazaar’s ₹460 Crore IPO: MUMBAI — GNG Electronics Limited, operating under the popular brand “Electronics Bazaar,” has made a…
