DAILY NEWS: OUR PICKS


Moneylife Digital Team 11 October 2024
The Indian pharma market is a branded generic market which is serviced through a fragmented and complex supply chain. More than 3,000 pharma marketing companies serve the market through a network of over 65,000 distributors and 900,000 retailers supporting over 100,000 stock-keeping units...

Read More



Moneylife Digital Team 11 October 2024
The Mumbai zonal office of the directorate of enforcement (ED) has provisionally attached immovable assets worth around Rs1,002.79 crore in the case of Dnyanradha Multistate Co-operative Credit Society Ltd (DMCCSL), Suresh Kute and others under the provisions of the Prevention of Money...

Read More



Ratna Singh (Bar  and   Bench) 11 October 2024
Mahesh Langa, a journalist with The Hindu, has approached the Gujarat High Court challenging a magistrate's decision to remand him to police custody for ten days, after his 8th October arrest in a case involving allegations of Goods and Services Tax (GST) fraud.   On Friday, the matter was...

Read More



Moneylife Digital Team 11 October 2024
Market regulator Securities and Exchange Board of India (SEBI) extended the deadline to implement guidelines mandating the direct payout of securities to clients' demat accounts to 11th November from 14 October 2024. SEBI also revised the timing of the payout of securities to 3:30pm from 1:30pm...

Read More



In today's digital era, artificial intelligence (AI) is transforming how businesses and consumers interact. From chatbots handling customer service inquiries to advanced AI agents facilitating banking transactions, conversational platforms are increasingly integrated into daily life. However,...

Read More



Moneylife Digital Team 11 October 2024
Reserve Bank of India (RBI) has imposed a penalty of Rs9 lakh on four cooperative banks for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs5 lakh has been imposed on Himachal Pradesh-based Parwanoo Urban Cooperative Bank Ltd.   Other banks...

Read More



Moneylife Digital Team 11 October 2024
Reserve Bank of India (RBI) has directed asset reconstruction companies (ARCs) to become members of all four credit information companies (CICs) and submit the requisite data to them in the prescribed format. It is being done to maintain track of borrowers' credit history after the transfer of...

Read More



Sponsored Post 11 October 2024
Planning for your child's higher education is a significant responsibility. With rising costs, it’s essential to have a smart savings plan in place. One effective way to save for your child’s education is through a Systematic Investment Plan (SIP) in mutual funds. This guide will help you...

Read More



Moneylife Digital Team 10 October 2024
The Hyderabad zonal office of the directorate of enforcement (ED) has seized properties worth Rs252.36 crore under the provisions of the Foreign Exchange Management Act (FEMA), 1999, belonging to PC Financial Services Pvt Ltd (PCFS), a subsidiary of Norway's Opera group. The amount confiscated...

Read More



There was an important job to be done and Everybody was sure that Somebody would do it.    Anybody could have done it, but Nobody did it.    Somebody got angry about that because it was Everybody's job.    Everybody thought that Anybody could do it, but Nobody realised that Everybody...

Read More



Moneylife Digital Team 10 October 2024
The poly-film industry caters to a variety of sectors, such as packaging, automotive films, architectural applications, yarn, specialised industrial uses, thick insulation films and shrink label applications, among others. This company’s sun-control films and high heat rejection films have...

Read More



Shashwat Singh (Bar  and   Bench) 10 October 2024
The Bar Council of India (BCI) has urged Chief Justice of India (CJI) DY Chandrachud to act on the growing incidents of mistreatment of advocates by judges during court proceedings.   A letter signed by BCI Chairman and Senior Advocate Manan Kumar Mishra suggests that one of the ways to...

Read More



Moneylife Digital Team 10 October 2024
A Securities and Exchange Board of India (SEBI) special court has rejected a plea filed by tainted stockbroker Ketan Parekh, the prime accused in the securities scam of 2000-2001, for the closure of a case initiated against him by the market regulator for not paying a penalty imposed. The court...

Read More



Moneylife Digital Team 10 October 2024
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs2 lakh on Choice Equity Broking Pvt Ltd for violations committed by the brokerage and its authorised persons (APs).   In an order, Amar Navlani, adjudicating officer (AO) of SEBI, says, "I note that...

Read More



Shirish Shanbhag 10 October 2024
This week, I will address various pressing issues faced by cooperative housing society (CHS/Society) members, ranging from redevelopment disputes to challenges with inheritance and legal rights. Redevelopment continues to be a hot topic, with members often navigating complex situations...

Read More



Moneylife Digital Team 09 October 2024
Updated at 9.50pm on 9 October 2024 to include a response from Star Health and Allied Insurance   In a shocking incident, a hacker claims to be leaking data of customers of Star Health and Allied Insurance Co Ltd and their insurance claims. The hacker, xenZen, alleges, "This leak is sponsored...

Read More



Dr Gopal Krishna 09 October 2024
This is fifth part of a multi-part series “India’s First Mass Surveillance, Mass Spying and Unending Census Case”.   In a functional democracy, election is a dialogue with the people. The frequent dialogue and deeper dialogue is like sunlight for democracy which is good for the health of...

Read More



Moneylife Digital Team 09 October 2024
The monetary policy committee (MPC) of Reserve Bank of India (RBI), for the 10th consecutive time, decided to maintain the status quo on the repo rate, the central bank's rate for short-term loans to banks, unchanged at 6.5%. Consequently, the standing deposit facility (SDF) rate remains...

Read More



Moneylife Digital Team 09 October 2024
In recent quarters, Indian textiles industry has faced challenges due to inflation, increasing interest rates and geopolitical instability that has affected export demand and caused retailers to accumulate excess inventory. While home textiles companies have shown month-over-month (m-o-m)...

Read More



Moneylife Digital Team 09 October 2024
KEI Industries Limited (KEI) is one of the leading manufacturers of wires & cables which had transformed itself, over the years, into a mid-sized cables company with a global footprint exporting its products to more than 45 countries. It has five manufacturing plants which produce around 125K...

Read More

Free Helpline
Legal Credit
Feedback