LATEST


Moneylife Digital Team 10 March 2025
The national company law appellate tribunal (NCLAT) on Monday dismissed a batch of appeals challenging the order of national company law tribunal (NCLT) allowing ICICI Securities to proceed with its proposal to delist from Indian bourses.   A coram of judicial member justice (retired) Yogesh...

Read More



Moneylife Digital Team 10 March 2025
Tax professionals have voiced growing concerns over the massive backlog of 549,042 income-tax (I-T) appeals that remain pending before the commissioner of income-tax (appeals) (CIT-A) and the national faceless appeal centre (NFAC), with some of these appeals languishing for over five years....

Read More



Moneylife Digital Team 10 March 2025
The competition commission of India (CCI) has proposed new regulations imposing stringent restrictions on its employees and their families regarding investments in the stock market. These measures, outlined in the Draft CCI (Conduct) Rules, 2025 aim to prevent conflicts of interest and uphold...

Read More



Tanvi Deshpande (IndiaSpend) 10 March 2025
When great trees fall, rocks on distant hills shudder, lions hunker down in tall grasses, and even elephants lumber after safety.   - Maya Angelou   When you think of a state in Northeast India, does an image of a dense forest come to mind? The states of this pristine region have more...

Read More



Moneylife Digital Team 10 March 2025
The Mumbai Press Club has strongly criticised the Maharashtra government’s decision to establish a media monitoring centre, calling it an act of surveillance disguised as an effort to curb misinformation. The move, which aims to track news coverage across print, television, digital and social...

Read More



Moneylife Digital Team 10 March 2025
Bondconnect Securities Pvt Ltd, formerly known as Wealthsigns Securities Pvt Ltd (applicant 1), along with two other parties, Aditya Umeshchandra Mehta (applicant 2) and Amal Manish Dani (applicant 3), paid Rs15.92 lakh to Securities and Exchange Board of India (SEBI) to settle a case of...

Read More



Moneylife Digital Team 10 March 2025
On Monday, 1205 stocks advanced, 2878 declined and 146 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.42 indicating a negative closing in the broader market. The trend of the major indices on Monday’s trading is given in the table below.      On NSE, 15...

Read More



Moneylife Digital Team 10 March 2025
Reserve Bank of India (RBI) has imposed a penalty of Rs76.60 lakh on four non-banking financial companies (NBFCs) for non-compliance with provisions of the NBFC Peer-to-peer (P2P) Lending Platform Directions, 2017. The highest penalty of Rs40 lakh was imposed on Fairassets Technologies India...

Read More



Moneylife Digital Team 10 March 2025
Market regulator Securities and Exchange Board of India (SEBI) has imposed a six-month suspension on the certificate of registration (CoR) of Profit Vista Financial Research, led by proprietor Gaurav Agrawal, due to various regulatory violations.    In an order, Amarjeet Singh, whole-time...

Read More



It is Tuhin Kanta Pandey’s first day as chairman of the Securities & Exchange Board of India (SEBI) as I write this column and he is already facing a storm. His predecessor, Madhabi Puri Buch, and three whole-time members (WTMs) are making headlines over alleged corruption related to the...

Read More



Moneylife Digital Team 07 March 2025
Cals Refineries Ltd, a penny stock, is again in the limelight with a special court under the Prevention of Money Laundering Act (PMLA) directing the Mumbai anti-corruption bureau (ACB) to register a first information report (FIR) against top officials of the Securities and Exchange Board of...

Read More



The corporate boards in the recent weeks are feeling nervous where no goods and services tax (GST) demand of any substantial sum has been received by the company!    GST demand is an affirmation that an entity is carrying on a bona fide business, that it is not a zombie or a fake, like,...

Read More



Sandesh Sagvekar  and   Pratibha Kamath 07 March 2025
This is the final part of our annual Wealth Creator series where we discuss stocks and mutual fund (MF) schemes that have created the maximum wealth for investors in the past decade. This year, in the first seven parts of this series, we identified the top-500 stocks that delivered the highest...

Read More



KBS Sidhu 07 March 2025
Amitabh Kant, former chief executive officer (CEO) of NITI Aayog and India’s G20 Sherpa, recently suggested that Indians should work 80-90 hours a week to propel the country toward a US$30 trillion economy. This remark follows closely on the heels of Infosys founder Narayana Murthy’s call for a...

Read More



Bar  and   Bench 07 March 2025
The National Company Law Tribunal (NCLT) on Tuesday rejected the scheme of arrangement presented by Talwandi Sabo Power Limited (TSPL) in relation to the demerger of Vedanta.   A Bench of NCLT comprising  Judicial Member Reeta Kohli and Technical Member Madhu Sinha said, “It is made clear...

Read More



The Gurugram zonal office of the directorate of enforcement (ED) conducted search operations last week at 12 locations in Delhi, Faridabad and the National Capital Region (NCR) region. The searches targeted the WTC group, its promoter Ashish Bhalla, as well as Bhutani group and its promoter...

Read More



Earlier this week, Saumitra, a former colleague, sent messages to everyone alerting them of the hacking of his wife, Asmita's WhatsApp account. He also requested everyone not to respond to any message from her 'hacked' WhatsApp number. Saumitra told me they have filed a complaint with the local...

Read More



Moneylife Digital Team 07 March 2025
Indian benchmark indices closed relatively flat on Friday, ending their two-day winning streak. The BSE Sensex edged down 7.51 points (0.01%) to 74,332.58, while the Nifty 50 inched up 7.80 points (0.03%) to 22,552.50. Market sentiment remains cautious, amid concerns over potential US tariffs...

Read More



Moneylife Digital Team 07 March 2025
The Gurugram zonal office of the directorate of enforcement (ED) arrested WTC group promoter Ashish Bhalla, under the Prevention of Money Laundering Act (PMLA), 2002, in a real estate fraud and cheating 100s of home-buyers and investors involving WTC Faridabad Infrastructure Pvt Ltd and others...

Read More



Moneylife Digital Team 07 March 2025
The Gangtok sub-zonal office of the directorate of enforcement (ED) has provisionally attached properties worth Rs65.46 crore and frozen bank balances totalling Rs53.41 crore belonging to Dorjee Tshering Lepcha, former general manager (GM) for operations of the State Bank of Sikkim (SBS). The...

Read More

Free Helpline
Legal Credit
Feedback