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Bar  and   Bench 22 April 2026
Sullivan & Cromwell LLP has apologised to a US bankruptcy court after admitting that a filing in ongoing insolvency proceedings contained inaccurate citations generated by artificial intelligence (AI) tools.   In a letter to Chief Judge Martin Glenn of the US Bankruptcy Court for the Southern...

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Moneylife Digital Team 22 April 2026
Reserve Bank of India (RBI) governor Sanjay Malhotra has flagged India’s significant economic exposure to West Asia, warning that ongoing global uncertainties in the region could have wide-ranging implications for trade, energy security and remittances, even as the country steps up domestic oil...

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Moneylife Digital Team 22 April 2026
India’s largest stock exchange, National Stock Exchange of India (NSE), may have to pay a little over ₹18 billion to settle pending legal disputes with the market regulator, says a report from Reuters. NSE has declined to comment on the report.    Citing sources, the report says an external...

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Moneylife Digital Team 22 April 2026
The economic offences wing (EOW) of the Delhi police has arrested Ashok Kumar Pal, chief financial officer (CFO) of Reliance Power Ltd, along with two others for allegedly using forged bank guarantees worth over ₹136 crore to secure a tender from the Solar Energy Corporation of India...

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Moneylife Digital Team 22 April 2026
At least eight notable industrial fires and explosions have struck oil refineries, processing units, and upstream well sites across multiple continents between February and April 2026, roughly one significant incident every seven to eight days, provoking intense discussions, wild speculation...

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Moneylife Digital Team 22 April 2026
The Mumbai zonal office of the directorate of enforcement (ED) has taken possession of six immovable properties valued at about ₹9.29 crore in connection with the Dnyanradha Multistate Co-operative Credit Society Ltd (DMCCSL) fraud case under the provisions of the Prevention of Money Laundering...

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Moneylife Digital Team 21 April 2026
On Tuesday, 2531 stocks advanced, 1760 declined and 177 remained unchanged on Bombay Stock Exchange with advance decline ratio of 1.43 indicating a positive closing. The trend of the major indices on Tuesday’s trading is given in the table below.      On NSE, 146 securities advanced and...

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Moneylife Digital Team 21 April 2026
Motilal Oswal Entities have settled a case with the market regulator Securities and Exchange Board of India (SEBI) by paying ₹38.76 lakh, in connection with alleged violations of alternative investment fund (AIF) regulations.   The settlement follows suo motu applications filed by Motilal...

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Moneylife Digital Team 21 April 2026
Vedanta Limited's (Vedanta) board of directors, at its meeting held on 20 April 2026, formally approved the implementation of its long-anticipated composite scheme of arrangement, setting 1 May 2026 as both the effective date of the demerger and the record date for determining shareholders...

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Bar  and   Bench 21 April 2026
The Bombay High Court has urged the Union government to frame a clear national litigation policy to avoid judicial chaos arising from inconsistent stands by Central authorities before different High Courts on identical issues, particularly in tax matters [Rika Global Impex Limited v. Union of...

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Moneylife Digital Team 21 April 2026
The central bureau of investigation (CBI) its ongoing anti-cybercrime drive, has arrested a key conspirator involved in procuring and distributing fraudulently obtained SIM cards, exposing a crucial link in the infrastructure supporting organised cyber fraud.   The arrest, made in Guwahati on...

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Moneylife Digital Team 21 April 2026
ICICI Prudential entities have settled enforcement proceedings initiated by the market regulator Securities and Exchange Board of India (SEBI) after paying ₹14.35 lakh in connection with regulatory violations related to delays in winding up a venture capital scheme.   The settlement order,...

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Moneylife Digital Team 21 April 2026
The planned dedication of the refinery-cum-petrochemical complex at Pachpadra in Rajasthan’s Balotra district by prime minister Narendra Modi has been deferred following a fire incident near the crude distillation unit on Monday.   The inauguration, originally scheduled for 21 April 2026, has...

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Moneylife Digital Team 21 April 2026
The central bureau of investigation(CBI) in the long-running probe into alleged bank fraud involving Anil D Ambani controlled Reliance Communications (RCom), has arrested two senior executives  D Vishwanath, joint president and Anil Kalya, vice-president (VP) for their alleged role in the...

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Moneylife Digital Team 21 April 2026
The All India Kisan Sabha (AIKS) has accused the Union government of undermining public agricultural research and favouring private seed companies in the cotton sector, alleging that existing policies have imposed a significant financial burden on farmers while delaying access to publicly...

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Moneylife Digital Team 21 April 2026
The chief justice of India (CJI), Justice Surya Kant, on Tuesday highlighted the growing scale and sophistication of cybercrime, warning that the gap between the speed of digital fraud and institutional response remains a critical vulnerability.   Delivering the 22nd DP Kohli Memorial Lecture...

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Markets often behave as though they have already read next week’s headlines. In some cases, they do, when prices mysteriously rise or fall before actual events. So, is the current rally telegraphing a durable peace plan in the Middle East, boosted by US president Donald Trump’s incoherent and...

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Moneylife Digital Team 20 April 2026
In a significant intervention aimed at strengthening India’s critical care infrastructure, the Supreme Court of India pressed for a time-bound framework to standardise intensive care units (ICUs) across the country, while expressing clear dissatisfaction over bureaucratic delays in healthcare...

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Moneylife Digital Team 20 April 2026
On Monday, 1841 stocks advanced, 2547 declined and 198 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.72 indicating a negative closing. The trend of the major indices on Monday’s trading is given in the table below.       On NSE, 131 securities advanced and...

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Moneylife Digital Team 20 April 2026
In a sweeping crackdown on organised cyber fraud, Hyderabad city police have arrested 52 individuals, including 32 bank employees, for their alleged role in running a large mule account network used to siphon off funds from victims across India.   The operation, code-named “Operation Octopus...

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