DAILY NEWS: OUR PICKS


Moneylife Digital Team 12 March 2025
Soon after Bharti Airtel Ltd (Airtel) announced a strategic partnership, Reliance group company Jio Platforms Ltd (JPL) also says it signed an agreement with Elon Musk's SpaceX to bring Starlink's high-speed internet services to Jio customers in India.    The agreement, which remains subject...

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Moneylife Digital Team 11 March 2025
For the fifth straight day, shares of IndusInd Bank Ltd tanked 27% on Tuesday after the private sector lender reported some discrepancies in its derivatives portfolio. During the morning trade, IndusInd Bank slumped 22.8% to hit the lower circuit at Rs695.25, a 52-week low of the scrip on BSE....

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Moneylife Digital Team 11 March 2025
Bharti Airtel Ltd (Airtel) has announced a strategic partnership with Elon Musk's SpaceX to bring Starlink's high-speed internet services to its customers in India. This marks the first agreement of its kind to be signed in the country, though it remains subject to SpaceX securing necessary...

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Moneylife Digital Team 11 March 2025
Market regulator Securities and Exchange Board of India (SEBI) has issued a regulatory warning to IIFL Capital Services Ltd (IIFL Capital) over lapses in due diligence related to debt securities. The warning, received by IIFL Capital on 10 March 2025, follows an inspection of the company’s...

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Moneylife Digital Team 11 March 2025
The cost of vegetarian and non-vegetarian thalis in India declined by 5% in February compared to the previous month, according to a report by CRISIL Intelligence. The reduction is attributed to lower prices of essential ingredients, including vegetables, particularly onions, tomatoes, potatoes...

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SN Thyagarajan (Bar  and   Bench) 11 March 2025
The Bombay High Court recently ruled that a Limited Liability Partnership (LLP) can be bound by an arbitration clause in its partnership agreement, even if the LLP itself is not a signatory to the agreement.    The Court held that an LLP, as the central entity governed by the partnership...

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Moneylife Digital Team 11 March 2025
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs20 lakh on Khemani Distributors and Marketing Ltd (KDML) and the company's five associated entities for multiple regulatory violations. These violations include misclassifying promoter group entities,...

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Moneylife Digital Team 11 March 2025
A 24-hour strike by workers at 13 German airports, including major hubs in Frankfurt and Munich, has led to the cancellation of most flights, causing widespread disruption for travellers.   In a post on X, DW News says, "Air travel at 13 German airports came to a standstill during a 24-hour...

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Moneylife Digital Team 11 March 2025
From the start of FY23-24, Indian agro-chemicals sector has been passing through a cyclical downturn and battling multiple headwinds. The fiscal year witnessed a 20.36% year-on-year (y-o-y) fall in exports primarily due to de-stocking of bloated channel inventory and the re-entry of Chinese...

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Moneylife Digital Team 11 March 2025
Time Technoplast Ltd (TTL) is an industrial polymer packaging company, commanding 60% share of the domestic market. It is the largest global manufacturer of large-sized plastic drums; ranks as the second-largest producer of composite cylinders and is the third-largest manufacturer of...

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Moneylife Digital Team 11 March 2025
Man Industries (India) Ltd is a leading manufacturer of large-diameter pipes with over 35 years of experience in the API (American Petroleum Institute) pipes industry. The company has a total installed capacity of 1.18MMTPA (million metric tonnes per annum), producing LSAW (longitudinal...

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Moneylife Digital Team 10 March 2025
Tuhin Kanta Pandey, the newly-appointed chairperson of the Securities and Exchange Board of India (SEBI), made his first speech after assuming charge at the Moneycontrol Global Wealth Summit 2025. However, there is a lot of speculation about a line on 'conflict of interest' missing from Mr...

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Moneylife Digital Team 10 March 2025
“Legal issues don’t arise on day one. They build up over time due to small and big missteps that MSMEs make while dealing with financial institutions. Understanding these risks early can save businesses from financial distress and legal entanglements,” said advocate Manoj Harit, a distinguished...

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Moneylife Digital Team 10 March 2025
The national company law appellate tribunal (NCLAT) on Monday dismissed a batch of appeals challenging the order of national company law tribunal (NCLT) allowing ICICI Securities to proceed with its proposal to delist from Indian bourses.   A coram of judicial member justice (retired) Yogesh...

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Moneylife Digital Team 10 March 2025
Tax professionals have voiced growing concerns over the massive backlog of 549,042 income-tax (I-T) appeals that remain pending before the commissioner of income-tax (appeals) (CIT-A) and the national faceless appeal centre (NFAC), with some of these appeals languishing for over five years....

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Moneylife Digital Team 10 March 2025
The competition commission of India (CCI) has proposed new regulations imposing stringent restrictions on its employees and their families regarding investments in the stock market. These measures, outlined in the Draft CCI (Conduct) Rules, 2025 aim to prevent conflicts of interest and uphold...

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Tanvi Deshpande (IndiaSpend) 10 March 2025
When great trees fall, rocks on distant hills shudder, lions hunker down in tall grasses, and even elephants lumber after safety.   - Maya Angelou   When you think of a state in Northeast India, does an image of a dense forest come to mind? The states of this pristine region have more...

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Moneylife Digital Team 10 March 2025
The Mumbai Press Club has strongly criticised the Maharashtra government’s decision to establish a media monitoring centre, calling it an act of surveillance disguised as an effort to curb misinformation. The move, which aims to track news coverage across print, television, digital and social...

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Moneylife Digital Team 10 March 2025
Bondconnect Securities Pvt Ltd, formerly known as Wealthsigns Securities Pvt Ltd (applicant 1), along with two other parties, Aditya Umeshchandra Mehta (applicant 2) and Amal Manish Dani (applicant 3), paid Rs15.92 lakh to Securities and Exchange Board of India (SEBI) to settle a case of...

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Moneylife Digital Team 10 March 2025
Reserve Bank of India (RBI) has imposed a penalty of Rs76.60 lakh on four non-banking financial companies (NBFCs) for non-compliance with provisions of the NBFC Peer-to-peer (P2P) Lending Platform Directions, 2017. The highest penalty of Rs40 lakh was imposed on Fairassets Technologies India...

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