COMPANIES & SECTORS


The proposed US$4.45bn (billion) investment by Mitsubishi UFJ Financial Group (MUFG) in Shriram Finance Ltd has been causing ripples for the scale of the FDI in a non-banking financial company (NBFC).   This investment would secure MUFG a 20% stake in the company, placing it at near parity...

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Moneylife Digital Team 09 January 2026
The Sanctioning of Russia Act 2025, backed by US president Donald Trump, authorises tariffs of at least 500% on countries importing Russian oil, gas or uranium — explicitly targeting India, China and Brazil. Drafted by Senators Lindsay Graham and Richard Blumenthal, the bipartisan Bill aims to...

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Moneylife Digital Team 06 January 2026
The competition commission of India (CCI) has found that market leaders Tata Steel, JSW Steel and State-run Steel Authority of India Ltd (SAIL), along with 25 other companies, breached antitrust law by colluding on steel selling prices, putting the firms and several senior executives at risk of...

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Moneylife Digital Team 02 January 2026
The Index of Industrial Production (IIP) growth exceeded the 5% recorded in November 2024 but remained below November 2023's 11.9%. Manufacturing output rose 8%, with 20 of 23 subgroups reporting positive year-on-year (y-o-y) growth, notably in metals, pharmaceuticals and motor vehicles. This...

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Moneylife Digital Team 02 January 2026
India’s aviation safety framework has come under heightened scrutiny following a series of regulatory actions involving the directorate general of civil aviation (DGCA), judicial intervention by the Madras High Court, and enforcement proceedings initiated by Canadian authorities against Air...

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Moneylife Digital Team 02 January 2026
In a move that brings together two of Yum! Brands’ most important franchise partners in India, Devyani International Ltd and Sapphire Foods India Ltd have approved a merger that will create the largest Yum! Brands-focused quick service restaurant (QSR) operator in India, running a network of...

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Moneylife Digital Team 02 January 2026
In a significant compliance relief for company directors, the ministry of corporate affairs (MCA) has replaced the annual know-your-customer (KYC) requirement with a simpler KYC intimation once every three years under the Companies Act, 2013. The revised framework will come into effect from 31...

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Moneylife Digital Team 01 January 2026
The New Year has opened with a sharp increase in cooking fuel costs for India’s hospitality and services sector, as prices of commercial liquefied petroleum gas (LPG) cylinders have been increased by ₹111 from 1 January 2026. However, the price of aviation turbine fuel (ATF), also known as jet...

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Moneylife Digital Team 01 January 2026
Vodafone Idea Ltd (VodaIdea) has denied reports claiming that the Union Cabinet approved a freeze on its ₹87,695 crore adjusted gross revenue (AGR) dues, saying it has received no communication from the government. The telecom operator also disclosed a goods and services tax (CGST) penalty...

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Moneylife Digital Team 30 December 2025
In what could become one of the largest corporate disputes in India’s energy sector, the government of India has reportedly sought more than US$30bn (billion) in compensation from Reliance Industries Ltd (RIL) and its partner BP plc (British Petroleum) over alleged under-production from the...

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Moneylife Digital Team 29 December 2025
Six months after the devastating explosion at Sigachi Industries Pashamylaram unit in Telangana’s Sangareddy district, the Telangana police have arrested the company's managing director (MD) and chief executive officer (CEO), Amit Raj Sinha. The blast, which occurred on 30 June 2025, claimed...

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Moneylife Digital Team 27 December 2025
Hikal Limited (Hikal), a pharmaceuticals and specialty chemicals company, has informed the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) of India about irregularities discovered during an internal fact-finding review concerning revenue recognition and supporting documentation....

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Moneylife Digital Team 26 December 2025
Shares of Cholamandalam Investment & Finance Company Ltd (CIFCL) were trading more than 7% higher at ₹1,700.35 on Tuesday, even as investigative portal Cobrapost published an exposé alleging large-scale, undisclosed related-party transactions (RPTs) and questionable fund flows involving the...

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Moneylife Digital Team 26 December 2025
The Indian government is considering easing goods and services tax (GST) compliance for MSMEs (micro, small and medium enterprises) in the upcoming Budget. Proposals include allowing quarterly GST payments instead of monthly, and waiving penalties for delayed filings in cases of genuine errors....

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Neha Joshi (Bar  and   Bench) 24 December 2025
The Bombay High Court on Wednesday stayed all coercive action by Bank of Baroda, IDBI Bank and Indian Overseas Bank against Anil Ambani, and founded on an October 2020 forensic audit report into Reliance Communications and group entities (Anil Ambani v. Indian Overseas Bank & Ors.).   Justice...

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Jitender Kumar Jain 24 December 2025
In line with the United Nations Commission on International Trade Law - Legislative Guide on Insolvency Law, India enacted the Insolvency and Bankruptcy Code, 2016 (IBC) as a comprehensive and time-bound framework for resolving insolvency in India. IBC sought to balance creditor interests and...

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Moneylife Digital Team 23 December 2025
The Pune office of the employees’ provident fund organisation (EPFO) has held Tech Mahindra Ltd guilty of large-scale provident fund defaults and directed the company to remit ₹1,287.44 crore towards unpaid PF contributions and interest for the period between May 2014 and March 2016. EPFO has...

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Moneylife Digital Team 23 December 2025
Tata Motors Finance Ltd paid ₹32 lakh to settle enforcement proceedings related to the issuance and listing of non-convertible debentures (NCDs) with market regulator Securities and Exchange Board of India (SEBI). The settlement resolves possible violations related to the issuance and listing...

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Moneylife Digital Team 22 December 2025
After disclosing a ₹20 crore fraud at its subsidiary, involving embezzlement and siphoning of funds over the past two years by a senior executive, Kajaria Ceramics Ltd says the loss from the fraud will have a financial impact on the company. In an investor call on Monday, the company indicated...

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Moneylife Digital Team 19 December 2025
The directorate of enforcement (ED) has facilitated the restitution of ₹311.67 crore towards long-pending workmen dues of the defunct Kingfisher Airlines Ltd, marking a significant step in the restoration of proceeds of crime to affected stakeholders under the Prevention of Money Laundering Act...

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