INVESTOR INTEREST


Moneylife Digital Team 12 September 2024
Mahua Moitra, a member of Parliament (MP) from Trinamool Congress, had filed a Lokpal complaint against Madhabi Puri Buch, chairperson of the Securities & Exchange Board of India (SEBI), for improper conduct and entering into quid pro quo arrangements, which, according to the MP, 'threaten...

Read More



Moneylife Digital Team 12 September 2024
On Thursday, 2337 stocks advanced, 1609 declined and 123 remained unchanged, with an advance decline ratio 1.45 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets. The trend of the major indices on Thursday’s trading is given in the table below.   

Read More



Moneylife Digital Team 12 September 2024
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs20 lakh on Bharosa Technoserve Pvt Ltd (BTPL) and its key individuals, including Sanjay Bhargava, Sahil Bhargava and Anita Bhargava for failing to adhere to Investment Adviser (IA) Regulations.   In an...

Read More



Moneylife Digital Team 12 September 2024
PN Gadgil Jewellers Ltd (PNG), a Maharashtra-based jewellery chain, has come out with an initial public offering (IPO). One of the interesting aspects of the IPO is the exorbitant compensation to the management as a percentage of profit. The compensation of key managerial personnel (KMP) as a...

Read More



Moneylife Digital Team 12 September 2024
Continuing with its action against spammers, the department of telecommunications (DoT) and the telecom regulatory authority of India (TRAI), through the Sanchar Saathi portal, have disconnected 3.5 lakh numbers and  blacklisted 50 entities. In addition, around 3.5 lakh unused and unverified...

Read More



The raging controversy over Madhabi Puri Buch and turmoil at the market regulatory body, almost drowned out a stunning order by the Bombay High Court on 26 August 2024. A bench of justices GS Kulkarni and Firdosh P Pooniwalla had imposed a stiff penalty of Rs80 lakh on the Securities & Exchange...

Read More



The raging controversy over Madhabi Puri Buch and turmoil at the market regulatory body, almost drowned out a stunning order by the Bombay High Court on 26 August 2024. A bench of justices GS Kulkarni and Firdosh P Pooniwalla had imposed a stiff penalty of Rs80 lakh on the Securities & Exchange...

Read More



Moneylife Digital Team 11 September 2024
On Wednesday, 1603 stocks advanced, 2368 declined and 100 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance decline ratio of 0.68, indicating negative closing of stocks in broader markets. The trend of the major indices on Wednesday’s trading is given in the table...

Read More



Moneylife Digital Team 11 September 2024
PN Gadgil Jewellers (PN Gadgil) is the second most well-known organised jewellery company in Maharashtra. It has a history that goes back to 1832. Through its 39 stores in 21 cities in Maharashtra and Goa and one store in US, it sells gold, silver, platinum and diamond jewellery. Plans to open...

Read More



Moneylife Digital Team 11 September 2024
While asking the automobile industry to help the Union government in designing the programme of trustworthy pollution checks, Anurag Jain, secretary in the ministry of road transport & highways (MoRTH), says the government is working on a policy that seeks to link vehicle scrapping to their...

Read More



Moneylife Digital Team 11 September 2024
The Reserve Bank of India (RBI) has imposed a penalty of Rs1.91 crore on Axis Bank Ltd for contravention of provisions of section 19 (1) (a) of the Banking Regulation Act (BR Act) and non-compliance with directions on the interest rate on deposits, know-your-customer (KYC) norms and credit flow...

Read More



Moneylife Digital Team 11 September 2024
The stainless steel (SS) industry is affected by dumping from China. The raw material used in makings stainless, i.e., nickel, rose sharply in the first five months of this year which has resulted in lower margins for SS companies. There is no demand issue because the major customers are...

Read More



Moneylife Digital Team 10 September 2024
Tolins Tyres Ltd (Tolins) is one of the leading players in the rubber and tyres industry with a nationwide presence and a diverse product range. It operates in both verticals – manufacturing new tyres and tread rubber. The company has established itself as a major tyre retreading...

Read More



Investors worldwide are positioning themselves for a stock market surge, encouraged by signals from the US Federal Reserve that it will soon begin cutting interest rates. After all, the conventional belief is that stocks rise when the Fed cuts rates. Expectations of a 0.5% cut at this month's...

Read More



Moneylife Digital Team 10 September 2024
Contrary to a claim by Madhabi Puri Buch, the chairperson of the Securities and Exchange Board of India (SEBI), the Congress party alleged that, as of March 2024, she owned a 99% stake in Agora Advisory Pvt Ltd and had received Rs2.95 crore from FY16-17 till FY23-24, except for two years. Agora...

Read More



Moneylife Digital Team 10 September 2024
After finding procedural errors, the Supreme Court set aside the Rs80 lakh penalty imposed by the Bombay High Court (HC) on Securities and Exchange Board of India (SEBI), Bombay Stock Exchange Ltd (BSE) and National Stock Exchange Ltd (NSE) for freezing of demat accounts of two investors. The...

Read More



Moneylife Digital Team 10 September 2024
After finding procedural errors, the Supreme Court set aside the Rs80 lakh penalty imposed by the Bombay High Court (HC) on Securities and Exchange Board of India (SEBI), Bombay Stock Exchange Ltd (BSE) and National Stock Exchange Ltd (NSE) for freezing of demat accounts of two investors. The...

Read More



Moneylife Digital Team 10 September 2024
On Tuesday, 2586 stocks advanced, 1352 declined and 104 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance decline ratio of 1.91 indicating positive closing of stocks in broader markets. The trend of the major indices on Tuesday’s trading is given in the table below.  

Read More



Moneylife Digital Team 10 September 2024
The Reserve Bank of India (RBI) has imposed a penalty of Rs1 crore on HDFC Bank Ltd for failing to follow guidelines on interest rates on deposits, the use of recovery agents, customer service standards in banks and the management of risks and code of conduct for outsourcing financial...

Read More



Moneylife Digital Team 10 September 2024
Reserve Bank of India (RBI) has imposed a penalty of Rs10.50 lakh on four cooperative banks for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs4.50 lakh has been imposed on Samarth Sahakari Bank Ltd from Maharashtra.   Other banks penalised by RBI...

Read More

Free Helpline
Legal Credit
Feedback