DAILY NEWS: OUR PICKS


Moneylife Digital Team 07 April 2026
Central bureau of investigation (CBI) is probing bank loan frauds involving claims of about ₹73,000 crore in seven cases registered against the Reliance Anil Dhirubhai Ambani (ADA) group, according to a status report submitted before the Supreme Court, PTI reported.   The agency informed the...

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Moneylife Digital Team 07 April 2026
The directorate of enforcement (ED) has provisionally attached immovable properties worth about ₹944 crore linked to real estate company Piyush Colonisers Ltd, the company's former promoters and associated entities, in connection with an alleged money laundering and homebuyer fraud...

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Moneylife Digital Team 07 April 2026
Molecular diagnostics identifies diseases by analysing biological markers at the deoxyribonucleic acid (DNA), ribonucleic acid (RNA) or protein level, rather than by observing symptoms or using basic laboratory tests. The discipline enables faster and more precise clinical decision-making and...

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Moneylife Digital Team 07 April 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹1.09 lakh on Maharashtra-based Dr Panjabrao Deshmukh Urban Cooperative Bank Ltd for failing to comply with certain regulatory directions. These include guidelines on the classification, valuation, and operation of the investment portfolios...

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Bar  and   Bench 07 April 2026
The First Additional Sessions Court in Madurai on Monday sentenced all 9 police personnel convicted in the Sathankulam custodial deaths case to death (CBI v. Sridhar & Ors).   The sentence was pronounced by Judge G Muthukumaran after the Court had convicted the accused for murder and...

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Moneylife Digital Team 06 April 2026
Reserve Bank of India (RBI) has cancelled the certificate of registration (CoR) of Maharashtra-based Shirpur Merchants Cooperative Bank Ltd due to inadequate capital and the lender's poor earnings prospects. RBI has asked Shirpur Merchants Cooperative Bank to stop its banking business from 6...

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Moneylife Digital Team 06 April 2026
In a significant development in the high-stakes insolvency battle for Jaiprakash Associates Ltd (JAL), the Supreme Court (SC) on Monday declined to stay the implementation of Adani Enterprises Ltd's resolution plan, while directing the national company law appellate tribunal (NCLAT) to hear...

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Moneylife Digital Team 06 April 2026
India’s automobile retail sector closed FY25-26 on a record-breaking note, with total vehicle sales touching an all-time high of 296.71mn (million) or 2.96 crore units, registering a growth of 13.30% year-on-year (y-o-y), according to data released by the Federation of Automobile Dealers...

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Bhavini Srivastava (Bar  and   Bench) 06 April 2026
The Delhi High Court on Monday ordered the restoration of a recently blocked satirical X (formerly Twitter) account that goes by the name Dr. Nimo Yadav.    Justice Purushaindra Kumar Kaurav, however, added that certain tweets flagged as objectionable by the Central government will remain...

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Moneylife Digital Team 06 April 2026
In a significant ruling that could have wide implications for redevelopment transactions in Mumbai and other urban centres, the income-tax appellate tribunal (ITAT) has held that a flat received in exchange for surrender of tenancy rights cannot be taxed as income from other sources under...

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Ritwik Choudhury (Bar  and   Bench) 06 April 2026
The Supreme Court on Monday a ordered a probe by the Central Bureau of Investigation (CBI) into allegations of favouritism with respect to allotment of public works contracts in Arunachal Pradesh to firms linked to Chief Minister Pema Khandu's family members.   A Bench of Justices Vikram...

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Moneylife Digital Team 06 April 2026
PN Gadgil Jewellers (PNG) is the second largest organised jewellery player in Maharashtra by number of stores and the fastest growing jewellery brand among key organised players across India. A one-stop-shop, PNG offers an extensive range of gold, silver, platinum and diamond jewellery,...

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Dr Bhamy V Shenoy 03 April 2026
The oil shock triggered by the US-Israel war against Iran—impacting almost every country except Russia—is among the most severe in modern history. Yet, somewhat surprisingly, global oil markets have held up reasonably well so far.   Even after a month of conflict, oil prices have risen by...

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On 29th March, Anil Agarwal, chairman of Vedanta turned to the Bhagavad Gita, before taking his fight for the assets of the bankrupt Jaiprakash Associates Ltd (JAL) to the Supreme Court (SC) of India. "Have courage. Stay humble. Do your duty without attachment," he posted on X, before lamenting...

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Moneylife Digital Team 02 April 2026
Hitachi Energy India (HEI), previously known as ABB Power Products and Systems India Ltd, was carved out from ABB India and sold to Hitachi ABB Power Grids in 2019. In October 2021, the entity was rebranded from Hitachi ABB Power Grids to Hitachi Energy India. In December 2022, Hitachi acquired...

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Moneylife Digital Team 02 April 2026
Oracle has begun laying off thousands of employees globally, with reports suggesting up to 30,000 job cuts, including about 10,000–12,000 in India, as the company restructures its business amid mounting costs linked to artificial intelligence (AI) investments and a sharp fall in its stock...

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Shirish Shanbhag 02 April 2026
Redevelopment, ownership rights and society governance continue to be areas where members of a cooperative housing society (CHS/the Society) often face confusion and conflict. Disputes may arise over developers' misuse of common spaces, lack of co-owners' consent, or procedural issues such as...

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Moneylife Digital Team 02 April 2026
Global financial markets came under pressure on Thursday, with equities sliding across Asia and oil prices surging more than 4%, after president Donald Trump signalled that the US would intensify military action against Iran over the next few weeks.   Investor sentiment weakened sharply after...

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Moneylife Digital Team 01 April 2026
The Bombay High Court on Wednesday allowed the withdrawal of a writ petition filed by Rosa Power Supply Company Ltd, a subsidiary of Reliance Power Ltd (R-Power), challenging a credit rating downgrade by CARE Ratings Ltd, after the company opted to pursue arbitration as per its contractual...

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Prashant Jha (Bar  and   Bench) 01 April 2026
The Supreme Court of India told the Delhi High Court on Wednesday that it does not maintain judge-specific information about allegations of corruption or misconduct.    Advocate Rukhmini Bobde appeared for the public information officer of the Supreme Court and stated that even collating such...

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