DAILY NEWS: OUR PICKS


Dr Rashmi Saluja, the executive chairperson of Religare Enterprises Ltd (REL), that has been in the news due to a hostile bid by the Burmans on the entity, and a counter bid by an Indian-American businessman, has thrown an interesting challenge to the regulators and the corporate experts post...

Read More



Bar  and   Bench 12 February 2025
United States President Donald J Trump on February 10 signed an executive order today suspending the enforcement of the Foreign Corrupt Practices Act (FCPA) of 1977 in a move to enhance American business competitiveness and national security.   The move offers relief to Adani Group...

Read More



Debayan Roy (Bar  and   Bench) 12 February 2025
The Supreme Court on Tuesday sought Election Commission of India (ECI)'s response on a petition seeking a Standard Operating Procedure for compliance with the top court's 2024 directions for verification of the Electronic Voting Machine (EVM) data.   The Court last year had allowed candidates...

Read More



Moneylife Digital Team 12 February 2025
Following compliance by Kotak Mahindra Bank Ltd, the Reserve Bank of India (RBI) has decided to remove supervisory restrictions imposed on the lender in April 2024. Kotak Mahindra Bank can now onboard new customers and also issue fresh credit cards.   In a release, RBI says, "...Kotak...

Read More



The Leaflet 12 February 2025
Last week, a two-judge Bench of the Supreme Court comprising Justices Abhay S. Oka and N. Kotiswar Singh handed down an important decision regarding the furnishing of grounds of arrest to accused.    The Bench observed that informing the detained person of the grounds of arrest is not a...

Read More



Moneylife Digital Team 12 February 2025
Bharat Electronics Limited (BEL) manufactures equipment and systems for defence sector and infrastructure and has a limited presence in the civilian market. It has a strong order-book which provides revenue and earnings visibility. It has a good manufacturing and research & development (R&D)...

Read More



Moneylife Digital Team 12 February 2025
US President Donald Trump's planned 25% tariffs on steel and aluminium imports would be added on top of other levies on Canadian goods, resulting in a total 50% tariff if threatened duties on all imports from Canada are enacted in March.    However, governments around the world, including...

Read More



Sponsored Post 12 February 2025
In India, a private limited company is a separate legal entity. It is treated as an independent person under the law. This separates the company from its owners (shareholders) and managers (directors).    By setting up a company you also enjoy limited liability and are not personally held...

Read More



Moneylife Digital Team 12 February 2025
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs1 lakh on Pritam Prabodh Deuskar, a registered research analyst (RA), for failing to comply with the regulatory requirement of conducting annual audits for FY21-22 and FY22-23.   In its order, SEBI's...

Read More



Moneylife Digital Team 12 February 2025
Wadia Group company National Peroxide Ltd paid Rs9.42 lakh to settle a case with the Securities and Exchange Board of India (SEBI) over alleged disclosure lapses.     SEBI had initiated an investigation into the company for violating Clause 5 of Para A of Part II of the master circular on...

Read More



Moneylife Digital Team 12 February 2025
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs1 lakh on Link Intime India Pvt Ltd for cybersecurity violations committed by TSR Consultants Pvt Ltd (TSR) before their amalgamation. The violations were linked to delayed reporting of the closure of...

Read More



There is a lot of chatter about how India can become prosperous, ever since the current regime decided to offer one more slogan for us to live by: Viksit Bharat or a developed India by 2047. How countries become rich is a huge topic of debate, not just in India, but all over the world. That is...

Read More



Moneylife Digital Team 11 February 2025
The Securities and Exchange Board of India (SEBI) has issued an interim order against LS Industries Ltd (LSIL) and five associated entities after uncovering a shocking share transfer scheme and stock manipulation. A 12.12% stake in LSIL, nominally valued at Rs10.28 crore, was sold to a...

Read More



Moneylife Digital Team 11 February 2025
In a shocking turn of events, C2C Advanced Systems (C2C), which made headlines with its spectacular stock market debut, is now under intense scrutiny following recent findings by National Stock Exchange ([NSE)-appointed independent reviewer BDO]. The defence electronics solutions-provider,...

Read More



Tax and fiscal practitioners, who have observed the annual Budget presentations over half a century, recognise the fact that the euphoria emanating from the event evaporates into ether in a matter of about 36-48 hours, almost the same time it takes for the excitement that comes with the Indian...

Read More



Moneylife Digital Team 11 February 2025
Financial creditors have recovered Rs3.58 lakh crore through 1,119 cases under the liquidation process of the national company law tribunal (NCLT) since the implementation of the Insolvency and Bankruptcy Code (IBC) on 1 June 2016, the Union government informed the Rajya Sabha. However, the...

Read More



Moneylife Digital Team 11 February 2025
Hexaware Technologies Ltd (Hexaware) is a global digital and technology services company with artificial intelligence (AI) at its core, according to its claims. It claims to leverage technology to deliver solutions that assist its customers in their digital transformation journey and subsequent...

Read More



Bhavini Srivastava (Bar  and   Bench) 11 February 2025
The Delhi High Court on Tuesday asked Right to Information (RTI) activist Neeraj Sharma whether any public interest was involved in his request under the RTI Act for records of students who had cleared the Bachelor of Arts (BA) course from Delhi University (DU) in 1978, the year in which Prime...

Read More



Moneylife Digital Team 11 February 2025
The Kolkata zonal office of the directorate of enforcement (ED) has provisionally attached immovable properties worth Rs210.07 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with the money laundering case against Concast Steel & Power Ltd and...

Read More



Moneylife Digital Team 11 February 2025
Market regulator Securities and Exchange Board of India (SEBI) has imposed a ban on Kalahridhaan Trendz Ltd (KTL), a small and medium enterprise (SME) listed on the National Stock Exchange (NSE) 's Emerge platform, and the company promoters for violating disclosure regulations.   Along with...

Read More

Free Helpline
Legal Credit
Feedback