DAILY NEWS: OUR PICKS


An article on Justworks.com begins with a powerful statement, “Work-life balance isn’t just a buzzword — it’s a critical factor in attracting, retaining, and inspiring top talent around the world.   Apparently, this does hold sway at Larsen & Toubro (L&T). Its chairman, SN Subrahmanyan,...

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Sher Singh Yadav  and   Pratibha Kamath 17 January 2025
We discussed the top-10 multi-bagger stocks of the past decade in the first part of the Wealth Creators series, released last week. If you missed it, click here to read it. In this part, we analyse the sectors and companies (by their size) that delivered the highest returns. Also, we will touch...

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  Hitopadesha, is a Sanskrit text that contains fables, aphorisms and maxims to provide healthy advice and guidance to people in dealing with day-to-day predicaments and dilemmas.    There occurs an interesting couplet which lists out the enemies of a householder.    They are, a father,...

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Farouk Merwan Irani was a name to reckon with in the world of financial services for nearly four decades. He founded, in the company of Dr AC Muthiah, the first company in the domain of asset leasing in the country which was aptly christened ‘The First Leasing Company of India Ltd’...

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Moneylife Digital Team 17 January 2025
Seven former directors of One97 Communications Ltd (Paytm) and a former compliance officer and company secretary paid over Rs3.75 crore to settle a case of regulatory violations with market regulator Securities and Exchange Board of India (SEBI).    Those who paid the settlement amount...

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Moneylife Digital Team 17 January 2025
The Delhi zonal office of the directorate of enforcement (ED) has attached immovable properties worth Rs442.85 crore belonging to Kwality Ltd's erstwhile promoter, chairman and managing director (CMD) Sanjay Dhingra and non-executive director Siddhant Gupta in the company's Rs1,400.62 crore...

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While dealing with any sudden incident, almost all government authorities in India come up with knee-jerk reactions. Most of the time, their response is not just vague but provides no solution to the incident or issue. Take, for example, the ban on some Chinese apps to 'teach' a lesson to that...

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Moneylife Digital Team 17 January 2025
Reserve Bank of India (RBI) has imposed a penalty of Rs5 lakh on Parbhani District Central Cooperative Bank (DCC) Ltd from Maharashtra for contravention of provisions of Section 20 and Section 26A of the Banking Regulation Act (BR Act).   The statutory inspection of Parbhani DCC Bank was...

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Moneylife Digital Team 17 January 2025
Holding that prolonged restrictions on the right to travel cannot be justified in the absence of conclusive findings, the Delhi High Court (HC) suspended conditionally a lookout circular (LOC) issued against Punj Lloyd Ltd's promoter and director, Atul Punj. While permitting Mr Punj to travel...

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Moneylife Digital Team 17 January 2025
As many as 10 entities including four expert guests on Zee Business channel agreed to pay Rs5.96 crore and voluntary debarment of six months to settle a case involving trading based on non-public information (NPI) with market regulator Securities and Exchange Board of India (SEBI).    Zee...

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Varsha Torgalkar (IndiaSpend) 17 January 2025
It was the first day of Diwali, and Rupali Hukire (name changed), a 42-year-old beautician, hurriedly cleaned big buckets and steel pots. She draws water from her neighbour's borewell at a cost of Rs100 for 30 minutes of pumping. Though her home, in Khandavi village in the Barshi tehsil of...

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This is a QR code generating site. You can generate a QR code in less than 30 seconds, for free. You can create a QR code for your website URL, social media, app download, WiFi login, business cards and much more.   The beauty of this site is its simplicity. QR codes for a variety of purposes...

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Moneylife Digital Team 16 January 2025
Exposing a modus operandi of Pacheli Industrial Finance Ltd to boost its market-capitalisation to over Rs4,000 crore from Rs40 crore in just eight months, market regulator Securities and Exchange Board of India (SEBI) has ordered a detailed investigation, while barring the company and six other...

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Moneylife Digital Team 16 January 2025
The Gurugram zonal office of the directorate of enforcement (ED) has attached immovable properties worth Rs224.08 crore of Vicinity Hotels Pvt Ltd, in the case of Krrish Realtech Pvt Ltd, Amit Katyal and others.   In a release, ED says it has provisionally attached immovable properties on 15...

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Moneylife Digital Team 16 January 2025
The Ahmedabad zonal office of the directorate of enforcement (ED) has frozen 37 bank accounts with a balance of Rs33.67 crore and seized two high-end Mercedees-make luxury cars in the bank fraud case against Electrotherm India Ltd and others.   In a release, ED says, "Ahmedabad zonal office...

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Moneylife Digital Team 16 January 2025
US short-seller Hindenburg Research, whose reports resulted in wiping out billions of dollars of Indian billionaire Gautam Adani and his companies, has decided to close down the business. Nate Anderson, founder of Hindenburg Research, announced the decision in a personal note on its...

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Sahyaja MS (Bar  and   Bench) 16 January 2025
The indefinite strike by 156 contractual and outsourced staff members of the Mumbai Bench of the National Company Law Tribunal (NCLT) entered its third day on Thursday, with employees citing extreme financial hardships due to delayed salaries.   The employees have alleged that have not...

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Moneylife Digital Team 16 January 2025
Due to return and refund policies of platforms, as many as 48% of online shoppers got stuck with a wrong product, while 20% of online shoppers surveyed received a fake or counterfeit product at least once in the past 12 months, reveals a survey by LocalCircles.    Consumers allege that some...

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Moneylife Digital Team 16 January 2025
Stallion India Fluorochemicals Ltd (Stallion), a Mumbai-based company, is in the business of selling refrigerant and industrial gases, along with related products. Its primary business activities include de-bulking, blending and processing refrigerant and industrial gases, as well as selling...

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Moneylife Digital Team 16 January 2025
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs17 lakh on Parag Salot, a registered research analyst (RA), for multiple regulatory violations, including mandatory annual audits for eight financial years.    In an order, Asha Shetty, adjudicating...

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