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Gautam Sen Gautam Sen 04 August 2020
Updated at 4.45pm on 5 August 2020 to add clarification from Tata Motors.   The 15th of January 1998 was a red-letter day in India’s automotive history. On that day, at New Delhi’s Pragati Maidan expo grounds, several new cars were launched; but the, but the car that really grabbed the...

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Moneylife Digital Team 04 August 2020
Recent commencement of change-in-law-payments by state power distribution companies (discoms) and Solar Energy Corp of India (SECI) for goods and services tax (GST) to solar power projects, comes as a shot in the arm for the sector with monetary benefits, says a research report.    In...

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Adani Properties, Sunteck Realty and Suraksha Asset Reconstruction Ltd are among the companies which have submitted expressions of interest (EoI) to acquire the insolvent Housing Development and Infrastructure Limited (HDIL).   In a regulatory filing on Tuesday, HDIL said that bids of...

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Binu S Thomas 25 November 2020
Dear Mukeshbhai,   Thirty-five years ago, back in 1985 as a 23-year-old reporter freelancing for an international weekly news magazine, I had the privilege of sitting down with your late father Dhirubhai Ambani for a one-on-one interview. Dressed in immaculate white safari suit and...

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Yogesh Sapkale Yogesh Sapkale 22 February 2021
The FASTag mechanism, which has become mandatory from last Monday on national highways, is making the lives of vehicle users more difficult. Many commuters are facing issues like long waiting time at the toll plaza and failure of the scanner to read the radio frequency identification (RFID)...

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Moneylife Digital Team 01 August 2020
Record spike of over 55,000 new coronavirus cases in single day in India 31-07-2020 10:10 India reported the single-day spike of 55,079 coronavirus cases and 779 deaths in the last 24 hours pushing the total tally to 16,38,871 and 35,747 deaths, stated the Union Ministry of...

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Moneylife Digital Team 19 February 2021
While the union government has made FASTag mandatory from Monday mid-night, there is no respite to road travellers from long queues at toll booths. Add to this the poor infrastructure available at these toll plazas, which makes it difficult to get the radio-frequency identification (RFID) tag...

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Harshita Shah 02 August 2021
UPDATED on 11 August 2021 at 10.45am to incorporate response received from BizGurukul   BizGurukul, as it describes itself, is an online e-learning platform that sells skill development courses related to entrepreneurship, career and business development and additionally provides...

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Sucheta Dalal Sucheta Dalal 01 October 2020
On 18th August, the usually somnolent central registrar of cooperative societies (CRCS), which regulates cooperative societies and cooperative banks, did something that ought to have made banner headlines across the media. Vivek Aggarwal, joint secretary, cooperatives and central registrar...

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Moneylife Digital Team 05 October 2020
Complaints from depositors of credit cooperative societies of Sahara India are mounting with many of them taking to Twitter and social media to post pictures of protests and crowds across the country. The societies include: the Sahara Credit Cooperative Society Ltd, the Saharayn Universal...

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Venkatachari Jagannathan (IANS) 30 September 2020
With bank after bank in the private sector getting into problems, the latest being the Lakshmi Vilas Bank (LVB), the efficacy of Reserve Bank of India (RBI) as the sectoral regulator will soon be a question mark, said a top leader of a large bank union.   "The way things are coming...

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Moneylife Digital Team/ IANS 01 October 2020
The Securities and Exchange Board of India (SEBI) has barred four individuals, including Yashovardhan Birla, chairman of Yash Birla group, from the markets in relation to manipulation in issuance of global depository receipts (GDR) by Birla Cotsyn (India) Ltd way back in 2010.   Birla...

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Nishant Vivek 29 December 2020
A personal loan is a borrower’s boon as it can be used in an emergency or when facing a shortage of funds. Since the loan does not have any end-usage restrictions, the amount can be used to fund a wedding, travel plans, medical needs, or practically anything under the sun. You can even take a...

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IANS 25 February 2021
Strongly opposing Prime Minister Narendra Modi's plans to privatise all public sector banks (PSBs), the Unted Forum of Banking Unions on Thursday said that it could imperil Rs 80 lakh crore hard-earned money belonging to the people.   UFBU Convenor Devidas Tuljapurkar said that the...

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Moneylife Digital Team 21 May 2021
True to the perception of the community being large-hearted, Sikh organisations have been offering all kinds of aid over the last one year during the pandemic crisis. In yet another heart-warming move, Nanded’s Gurudwara Takht Shri Hazoor Sahib, one of the five takhts of Sikhism, has...

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Vimal Punmiya 22 September 2020
Recently, the Supreme Court of India, aiming at ensuring the 'right of equality', in a landmark judgement, Vineeta Sharma vs Rakesh Sharma, held that a daughter coparcener would have equal coparcenary rights in a Hindu Undivided Family (HUF) properties or  equal right to family property by...

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Even as images of endless burning pyres are flashed across the globe accompanied by desperate social media messages, frantically seeking hospital beds in Delhi, Gujarat and Uttar Pradesh, Mumbai is relatively calm. After a few stressful days in mid-April, there is no mindless panic, shortage...

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Maya M 22 September 2020
Almost everybody faces issues with online shopping, primarily because you need to make a purchase decision without actually looking at the product or trying it out, whether it is clothes, cosmetics, personal care products, accessories or electronic goods. You may need to return products for...

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Moneylife Digital Team 21 August 2020
Last month, the Central and Western Railway along with the BrihanMumbai Municipal Corporation (BMC) allowed starting suburban (local) train services for essential workers as identified by state government. However, there are several instances coming to light where employees or workers from...

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Pravin Banker 30 October 2020
Born into a steelmaking Rajasthani Marwari family, the rise of Pramod Mittal began a few years after the acrimonious parting of ways of his older brother Laxmi Niwas (LN) in 1994.   Laxmi had set up the international operation Ispat (Sanskrit for steel) International and had shown his...

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