ECONOMY & NATION


Moneylife Digital Team 22 November 2022
The Delhi High Court (HC) on Tuesday dismissed Future group's plea seeking termination of the arbitration proceedings initiated by Amazon before the Singapore International Arbitration Court (SIAC), as reported by Bar and Bench.   Justice C Hari Shankar said that he has not expressed...

Read More



IANS 22 November 2022
After the sustained decline in the COVID-19 trajectory across the globe and in the country, the guidelines of health ministry on submission of self-declaration form on the Air Suvidha portal has been discontinued. The decision will come into effect from Monday midnight.   "In the...

Read More



IANS 22 November 2022
The recent order by the Competition Commission of India (CCI) in the Google case may appear developer-friendly; but, in practice, it may have a practical and financial impact on developers, especially start-ups, legal experts said on Monday.   The CCI fined Google Rs936.44 crore on...

Read More



IANS 22 November 2022
The Aditya Birla Sun Life Insurance Company Ltd, a bidder for the Reliance Nippon Life Insurance Company (RNLIC), has threatened to take action and file a complaint against the Reliance capital administrator if it fails to provide the critical information required by the company, at the...

Read More



IANS 22 November 2022
Aiming to guard customers from fake online reviews of products, the government on Monday issued a comprehensive set of guidelines which would come into effect from 25th November and would be voluntary in nature.   The guidelines titled "Indian Standard (IS) 19000:2022 Online Consumer...

Read More



IANS 21 November 2022
The sale of Reliance Capital's (RCAP) 51 per cent stake in Reliance Nippon Life Insurance Company (RNLIC), in the ongoing Corporate Insolvency Resolution Process, has pitched Nippon Life of Japan against RCAP Administrator and Aditya Birla Sun Life Insurance.   Miffed at the entry of...

Read More



Moneylife Digital Team 21 November 2022
ArcelorMittal Nippon Steel India (AM/NS India) has concluded a transaction to acquire two port assets and a power plant from the Essar group for a net value of about Rs16,500 crore. AM/NS India says it has received requisite corporate and regulatory approvals.    The cash-generating...

Read More



IANS 21 November 2022
Unified payment interface (UPI) payment apps like Google Pay, PhonePe, Paytm and others may soon impose a limit on the transaction.   Soon users may not be able to make unlimited payments via UPI payment apps.   The National Payments Corporation of India (NPCI), which operates...

Read More



IANS 21 November 2022
The Delhi High Court on Monday issued notices to five television news channels for allegedly "misreporting" the Delhi Excise Policy case and directed the News broadcasting and Digital Standards Authority (NBDSA) to check whether these channels complied with the requisite guidelines or...

Read More



IANS 21 November 2022
In a freak accident, a speeding container truck rammed into 48 vehicles on a Pune road on Sunday, leaving at least three people injured, police said.   The incident occurred at the busy Navale Bridge around 8.30 pm., leading to traffic chaos across the city.   A container,...

Read More



Moneylife Digital Team 19 November 2022
When the US$32bn (billion) crypto exchange FTX filed for chapter 11 bankruptcy in the US, inviting investigations by regulatory authorities and the justice department, the entire crypto world was plunged into a panic. FTX and its associate, the trading firm Alameda Research, both founded by...

Read More



Moneylife Digital Team 19 November 2022
Aiming to protect against personal data breaches, the Indian government released the draft Digital Personal Data Protection Bill 2022, which entails the provision of a fine of up to Rs250 crore on data-managing entities that fail to adopt reasonable security safeguards. However, several...

Read More



IANS 19 November 2022
While the government-owned State Bank of India (SBI) and leading private banks have addressed their asset quality challenges, the same cannot be said about many other Indian public sector banks (PSB), said S&P Global Ratings in its latest research report on the global banking...

Read More



IANS 19 November 2022
Online food delivery platform Zomato on Friday said that its co-founder, Mohit Gupta, had resigned after about five years at the food aggregator.   In May 2020, Gupta became Zomato's co-founder after building the segment's operations from scratch.   In a message that Gupta...

Read More



Moneylife Digital Team 18 November 2022
While allowing a taxpayer input tax credit (ITC) transition worth Rs39.13 lakh, the Bombay high court (HC) has asked tax authorities to restore the taxpayer's licence, which was cancelled due to the closure of business. After finding that there is no provision on the goods and services tax...

Read More



IANS 18 November 2022
India's rocket startup Skyroot Aerospace on Friday successfully began its space journey with its rocket Vikram-S and wrote a new chapter in the country's space history pages.   Weighing 545 kg, the six-metre-long rocket on a sub-orbital mission carried three payloads from Space Kidz...

Read More



IANS 16 November 2022
Piramal Capital has withdrawn the insolvency proceedings against Reliance Power Ltd.   Reliance Power, in a stock exchange disclosure, has informed that the Piramal Capital and Housing Finance has withdrawn the application made against Reliance Power Ltd under Section 7 of the...

Read More



Gursimran Kaur Bakshi (The Leaflet) 16 November 2022
A Constitution bench of the Supreme Court comprising Justices S. Abdul Nazeer, B.R Gavai, A.S Bopanna, V. Ramasubramanian and B.V Nagarathna heard a petition relating to the issues of hate speech made by public functionaries, whether the reasonable restriction grounds in Article 19(2) are...

Read More



IANS 16 November 2022
Amid the heightened insecurity and mass layoffs, two top Meta India officials -- Abhijit Bose, Head of India, WhatsApp and Rajiv Aggarwal, Director of Public Policy, Meta India -- have resigned, the company confirmed on Tuesday.   Shivnath Thukral, Director of WhatsApp Public Policy,...

Read More



IANS 15 November 2022
Payash Capital Singapore, a 49% stakeholder in Trinity Alternative Investment Managers Ltd (TAIML), has challenged the decision to include Arcelor Mittal in the race to acquire SREI's assets.   TAIML is an investment manager of alternate investment funds (AIFs)  that is jointly...

Read More

Free Helpline
Legal Credit
Feedback