COMPANIES & SECTORS


Moneylife Digital Team 20 May 2026
The Supreme Court declined to intervene in a Delhi High Court order that had rejected SpiceJet's plea to submit a property title deed in lieu of depositing ₹144 crore as cash surety in an ongoing share-transfer dispute with the airline's former promoters, Kalanithi Maran and KAL Airways. While...

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Bhavini Srivastava  and   Prashant Jha (Bar  and   Bench) 20 May 2026
Businessman Anil Ambani has filed a ₹2 crore defamation suit before the Delhi High Court, accusing Times of India, Economic Times (ET) and Press Trust of India (PTI) of sensationalised news reporting on ongoing CBI and ED investigations against his companies.   The Court on Wednesday sought...

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Moneylife Digital Team 20 May 2026
India’s aviation regulator has ordered a fresh inspection of the fuel control switches of an Air India Boeing 787-8 Dreamliner at the original equipment manufacturer’s (OEM) facility, months after the aircraft was grounded following a reported cockpit defect involving the left engine fuel...

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Moneylife Digital Team 19 May 2026
Adani Enterprises Ltd (AEL) has agreed to pay US$275mn (million) to settle allegations by the US department of the treasury’s office of foreign assets control (OFAC) that it violated US sanctions related to Iranian-origin liquefied petroleum gas (LPG) imports.   The settlement, announced by...

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Moneylife Digital Team 18 May 2026
Setting aside a 2020 order of the Mumbai bench of national company law tribunal (NCLT), the national company law appellate tribunal (NCLAT) held that foreign oil and gas assets owned through offshore subsidiaries could not be treated as assets of Videocon Industries Ltd (VIL) for insolvency...

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Moneylife Digital Team 18 May 2026
Tata Trusts is weighing multiple legal and administrative options after the Maharashtra charity commissioner restrained the Trusts from convening board meetings pending an inquiry into alleged violations of trustee composition norms under the Maharashtra Public Trusts Act (MPT Act). Tata Trusts...

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Moneylife Digital Team 15 May 2026
India's retail inflation rose marginally to 3.48% in April from 3.4% in March, driven by an increase in prices of food articles and items of personal effects, according to NSO (national statistics office) data. This marks the second full month of data since the West Asia conflict disrupted...

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Moneylife Digital Team 15 May 2026
The United States Securities and Exchange Commission (SEC) has moved a federal court for entry of proposed final judgments against billionaire industrialist Gautam Adani and Sagar Adani in a civil securities fraud case linked to a 2021 bond offering by Adani Green Energy Ltd. Under the proposed...

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Moneylife Digital Team 14 May 2026
Two India-bound liquefied petroleum gas (LPG) tankers have successfully crossed the strategically crucial Strait of Hormuz amid continuing tensions in West Asia, even as an India-flagged cargo vessel sank after coming under attack near Omani waters, officials say on Thursday.   According to...

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Moneylife Digital Team 14 May 2026
Market regulator Securities and Exchange Board of India (SEBI) has dismissed the preliminary objections filed by Bajaj Hindusthan Sugar Ltd, its chairman Shishir Bajaj and managing director (MD) Kushagra Bajaj against a show-cause notice (SCN) concerning alleged fund diversion and related-party...

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Moneylife Digital Team 12 May 2026
The Indian government has rationalised royalty rates and calculation methodologies for crude oil, natural gas and casing head condensate in a major policy move aimed at boosting domestic exploration and production while creating a more predictable regulatory framework for investors.   Under...

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The appointment of independent directors (IDs) has its quota of practices that push the envelope.   Cases that stretch, if not breach, the spirit of corporate governance have been discussed in this column. The issues are recapitulated in brief.   A direct subversion of the concept of...

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On 10th March, India loosened the rules governing foreign direct investment (FDI) from countries with which it shares land borders. The regime—known as Press Note 3—was introduced in April 2020, ostensibly to prevent opportunistic takeovers during the pandemic but in practice aimed squarely at...

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What began as a ₹350-crore fraud complaint, in the aftermath of the collapse of Infrastructure Leasing & Financial Services (IL&FS), has now morphed into a stunning story of how the allegation of fraud itself was a fabrication against a colluding party.   In January-February 2019, the Dalmia...

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Moneylife Digital Team 08 May 2026
Third-party (TP) motor insurance premiums outpaced own-damage (OD) cover in India's FY25-26, growing 9.3% against OD's 9%, as enforcement against uninsured vehicles intensified. Total motor insurance expanded about 9% on a base of ₹1.08 lakh crore. The reversal is notable: in FY23-24, OD had...

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Moneylife Digital Team 08 May 2026
Key board meetings of two major Tata Trusts, which together control a majority stake in Tata Sons Pvt Ltd, have been postponed to 16th May amid mounting governance questions, legal challenges, and an intensifying internal debate over whether the holding company of the Tata group should remain...

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Moneylife Digital Team 07 May 2026
Mphasis has filed a lawsuit in a US district court in Colorado against rival information technology (IT) company Coforge and former vice-president Brijesh Khergamker, alleging breaches of employment contracts and the misuse of confidential client information.    The Complaint Filed on 31...

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Moneylife Digital Team 07 May 2026
The Bombay High Court on Thursday declined to urgently hear a petition seeking to stop meetings of the Sir Dorabji Tata Trust and Sir Ratan Tata Trust scheduled for 8th May, amid an escalating dispute over the governance structure of the Tata Trusts network.   The plea sought an interim...

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Moneylife Digital Team 07 May 2026
The Bombay High Court (HC) has restrained Kamal K Singh, founder and chairman of Rolta India Ltd, from selling, transferring or creating any third-party rights over assets owned or controlled by him in an enforcement suit linked to a US contempt judgment of about US$188mn (million) or around...

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Prashant Jha (Bar  and   Bench) 07 May 2026
The Delhi High Court on Thursday issued notice to NDTV and its CEO and editor-in-chief Rahul Kanwal after businessman Anil Ambani sued the media house for defamation over its reporting of the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) case against his...

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