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Moneylife Digital Team 14 May 2025
Due to certain legal proceedings against its promoter, Strata Small and Medium Real Estate Investment Trust (SM REIT) has surrendered its registration. Market regulator Securities and Exchange Board of India (SEBI) has warned investors to exercise caution while dealing with Strata SM REIT as it...

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Moneylife Digital Team 14 May 2025
Several small finance banks (SFBs) are showing signs of recovery after a period of stress in their micro banking businesses, with Ujjivan Small Finance Bank Ltd (USFB) among the key lenders on track. The Bank reported a collection efficiency of 99.5% in March 2025 for group and individual...

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Moneylife Digital Team 13 May 2025
A new study by Moneylife Foundation confirms the depth and scale of challenges caused by the rigid enforcement of know-your-customer (KYC) norms, particularly in rural India. What was intended as a safeguard against financial crimes has, in practice, become a significant barrier to financial...

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Moneylife Digital Team 13 May 2025
The Union government’s sudden dismissal of RP Gupta, chairman and managing director (CMD) of Solar Energy Corporation of India (SECI), has sent shockwaves through the country’s renewable energy sector, with media reports linking the move to serious procedural lapses involving Anil Ambani-owned...

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Moneylife Digital Team 13 May 2025
Anmol Singh Jaggi and Puneet Singh Jaggi, promoters of Gensol Engineering Ltd, have stepped down from their positions in the company following the Securities and Exchange Board of India's (SEBI) damning interim order accusing them of large-scale financial misconduct. The development triggered a...

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Moneylife Digital Team 13 May 2025
The executive order announced by US president Donald Trump to slash prescription drug prices is unlikely to have a material near-term impact on Indian pharmaceuticals companies, though it may influence their longer-term revenue strategies and capital allocation, says India Ratings and Research...

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Moneylife Digital Team 13 May 2025
On Tuesday, 2559 stocks advanced, 1402 declined and 140 remained unchanged on Bombay Stock Exchange with advance decline ratio of 1.82 indicating a positive closing in the broader market. The trend of the major indices on Tuesday’s trading is given in the table below.       On NSE, 43...

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Debayan Roy (Bar  and   Bench) 13 May 2025
On his last day as a judge, Chief Justice of India Sanjiv Khanna on Tuesday affirmed that he would not take up any official post after he retires.   While addressing a question, he said, "I will not accept any post-retirement post.. but perhaps will do something with law."   On how the...

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Moneylife Digital Team 13 May 2025
Anand Rathi Share and Stock Brokers Ltd has paid Rs90.20 lakh to the Securities and Exchange Board of India (SEBI) to settle adjudication proceedings initiated against it for regulatory violations related to front-running activities in the scrip of KPIT Technologies Ltd.   The case revolved...

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Moneylife Digital Team 13 May 2025
Groww Invest Tech Pvt Ltd (formerly known as Nextbillion Technology Pvt Ltd) paid Rs34.12 lakh to Securities and Exchange Board of India (SEBI) to settle an issue for failing to handle technical glitch on 23 January 2024.    According to SEBI, being a specified stock broker, Groww Invest Tech...

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SN Thyagarajan (Bar  and   Bench) 13 May 2025
The Supreme Court on Tuesday upheld a decision of the now defunct Competition Appellate Tribunal (COMPAT) which ruled that offering volume-based discounts does not, by itself, amount to discriminatory pricing under the Competition Act, 2002, unless such discounts are applied differently to...

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Chandramouli Mohan 12 May 2025
The Hidden Cost of Falling Short Imagine this: You’re juggling bills, groceries and school fees and one month you dip below your bank’s minimum balance requirement. Next thing you know, your bank slaps you with a penalty. Annoying, right? But wait—there’s more! On top of this penalty, you’re...

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Maneesh Chhibber (The Leaflet) 12 May 2025
The three judge in-house committee constituted by chief justice of India Sanjiv Khanna to inquire into serious allegations against Justice Yashwant Varma, the then sitting judge of Delhi High Court who was subsequently repatriated to Allahabad High Court is learnt to have found glaring...

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Moneylife Digital Team 12 May 2025
India’s advanced air defence architecture, including a multi-layered counter-drone and missile shield, successfully repelled all Pakistani air attacks during the recent military offensive under Operation Sindoor, top defence officials said on Monday.   Addressing a press briefing, director...

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Moneylife Digital Team 12 May 2025
In a significant development signalling a potential thaw in strained trade relations, US and China have signed a deal to roll back recently imposed tariffs for a 90-day period, beginning 14 May 2025. The announcement, made in Geneva following high-level trade talks, marks the first direct...

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Ritwik Choudhury (Bar  and   Bench) 12 May 2025
The Supreme Court last week stayed an interim order passed by the Madhya Pradesh High Court that had enabled the release and sale of equity shares in Som Distilleries Breweries & Wineries Ltd. (SDBWL) worth around 350 crore, which are alleged to be benami assets (Union of India & Ors. vs. Bana...

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Moneylife Digital Team 12 May 2025
On Monday, 3545 stocks advanced, 576 declined and 133 remained unchanged on Bombay Stock Exchange with advance decline ratio of 6.15 indicating a hugely positive closing in the broader market. The indices opened with a gap-up on the news of India-Pakaistan ceasefire and China-US trade...

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Dr Swati Rane 12 May 2025
As we celebrate International Nurses Week and Nurses' Day on 12th May, it is both timely and essential to reflect on the profound contributions of nursing leaders who have shaped the profession in India. One such towering figure is Durga Mehta whose legacy continues to inspire generations of...

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Robert Faturechi (ProPublica) 12 May 2025
After President Donald Trump announced sweeping new tariffs earlier this month, the White House released a list of more than a thousand products that would be exempted.   One item that made the list is polyethylene terephthalate, more commonly known as PET resin, the thermoplastic used to...

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Moneylife Digital Team 12 May 2025
Reserve Bank of India (RBI) has imposed a penalty of Rs2.72 crore on State Bank of India (SBI) and Jana Small Finance Bank Ltd for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs1.72 crore has been imposed on SBI. Jana Small Finance Bank has been...

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