CONSUMER INTEREST


To say that we are living in uncertain times is to state the obvious. We face all kinds of risks; some of them could lead to accidents and even death. While nobody can foresee such eventualities, it leaves a trail of grief. However, life has to go on. This means that one needs funds for...

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Sumit Sharma 09 May 2019
Mumbai – A lady patient who said she contracted the incurable Hepatitis C virus following a surgery at a reputed hospital in Mumbai was granted Rs 5.66 lakh compensation by the South Mumbai District Consumer Disputes Redressal Forum that includes reimbursement of hospital and litigation...

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Moneylife Digital Team 08 May 2019
The office of the Banking Ombudsman (BO) has disposed of more than 60% of the complaints through mutual settlement or agreement and has issued awards in only 0.2% or 148 cases out of the 83,532 maintainable cases, reveals a report from the Reserve Bank of India (RBI).   As per the...

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"Akshya Tritiya", considered an auspicious day for buying gold in India, saw healthy buying of the yellow metal this year as lower prices increased footfalls in traditional markets like Ahmedabad, Mumbai and Delhi.   Irrespective of market conditions, gold prices normally increases...

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The Delhi High Court on Thursday asked Johnson & Johnson to pay Rs 25 lakh compensation each to patients affected by its faulty articular surface replacement (ASR) hip implants.   Justice Vibhu Bakhru's direction came while hearing Johnson & Johnson's plea challenging the Ministry of...

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Akshay Naik 30 April 2019
In a landmark judgement, on 26th April, 2019, Justice Gautam Patel struck down an injuction request by Lodha Group against Mr Krishnaraj Rao. This ruling was made in an ongoing defamation lawsuit filed by Lodha Group.   It all started with a viral video of a man punching a wall which...

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In a sign that platforms like Facebook and WhatsApp are emerging as new public square for criminal deception, a study has found that social media fraud increased 43 per cent in 2018.   The results suggest that cyber criminals are increasingly relying on Facebook, Instagram, WhatsApp...

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National carrier Air India expects operations to normalise by Saturday night after its flights were delayed due to a software glitch which hindered essential services like check-in, baggage handling and boarding.   Briefing the media in New Delhi, Air India Chairman Ashwani Lohani...

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Automobile major Maruti Suzuki will stop selling all diesel fuelled cars from April 1, 2020 as new emission norms kick in from next year.   According to the company's Chairman R.C. Bhargava, the company will stop selling diesel cars from April 1, 2020 as car prices will rise due to...

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Moneylife Digital Team 25 April 2019
Builders and developers should not use 70% of the fund collected from homebuyers to repay loans, rule Real Estate Regulatory Authorities (RERAs) from two states, says a report. In one such case, the Haryana Real Estate Regulatory Authority (H RERA) even directed the police to register a...

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The Delhi High Court on Wednesday asked the Reserve Bank of India (RBI) to file reply on a plea complaining that Central Bank of India, the public sector lender, has disbursed the housing loan without linking it to the stages of construction for a under-construction greenfield housing...

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Moneylife Digital Team 24 April 2019
The Maharashtra State Consumer Commission has sentenced builder Shekhar Dadarkar, proprietor of SD Constructions, to three years in prison for failing to comply with the Commission’s order. In its earlier order, the Commission had directed the builder to handover 1,270sq ft (square feet) flat...

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The Delhi High Court on Wednesday asked the National Highway Authority of India (NHAI) to file a response to a plea seeking to ensure basic amenities like petrol pumps, toilet complex, ambulance and other emergency facilities on expressways.   A bench of Chief Justice Rajendra Menon...

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Many users of old versions of Android prior to 8.0, especially those who like to use lifestyle-related apps on mobile, are finding several ads, sometimes full-screen advertisement for products as well as for installing other apps.    This, according to Avast, an anti-virus software...

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Recently, a Moneylife reader complained about how his brother lost about Rs1 lakh through unified payments interface (UPI) when he linked his State Bank of India (SBI) account on GooglePay app. Someone hacked into his GooglePay account and transferred his money in to a Paytm account through...

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A plea was filed in the Delhi High Court on Monday seeking prompt redressal of consumer complaints in the wake of the ongoing Jet Airways crisis.   The application was filed by consumer rights activist Bejon K. Misra, whose earlier plea seeking capping of airfares charged by the...

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Amazon's online shoppers are being fooled by fake review factories running on multiple Facebook groups.   The scam is supported by several large and small companies as well as by entrepreneurs who depend on Facebook to spread positive reviews about their products listed on Amazon to...

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Airfares on domestic routes, especially those connecting non-metro cities, remain high with suspension of Jet Airways flights. The average ticket prices have gone up in the range of 10%-15% across various sectors even as airlines like SpiceJet and IndiGo have mounted additional...

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Honda Cars India (HCIL) has voluntarily recalled 3,669 units of its premium brand Honda Accord to replace faulty driver side front airbag inflators.   An inflator system is used to pump-in gas at a high-speed to inflate airbag in case of an accident.   Accordingly, the company...

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Air India will offer "special" fares to Jet Airways passengers stranded at international stations, informed sources told IANS on Thursday.   Jet Airways had on Wednesday said that it was forced to stop all operations as it failed to secure interim funds from the lenders.   "As...

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