DAILY NEWS: OUR PICKS


What began as a ₹350-crore fraud complaint, in the aftermath of the collapse of Infrastructure Leasing & Financial Services (IL&FS), has now morphed into a stunning story of how the allegation of fraud itself was a fabrication against a colluding party.   In January-February 2019, the Dalmia...

Read More



Moneylife Digital Team 08 May 2026
Bharatiya Janata Party (BJP) leader Suvendu Adhikari was on Friday elected leader of the BJP legislature party in West Bengal, clearing the way for him to become the first chief minister (CM) from the party in the state. The announcement was made by Union home minister Amit Shah after a meeting...

Read More



Moneylife Digital Team 08 May 2026
Key board meetings of two major Tata Trusts, which together control a majority stake in Tata Sons Pvt Ltd, have been postponed to 16th May amid mounting governance questions, legal challenges, and an intensifying internal debate over whether the holding company of the Tata group should remain...

Read More



Moneylife Digital Team 08 May 2026
A US federal trade court has struck down president Donald Trump’s latest 10% global tariff regime, ruling that the White House exceeded its authority under a 1974 trade law while imposing temporary import duties on goods entering the US.   In a 2-1 ruling, the US Court of International Trade...

Read More



Debayan Roy (Bar  and   Bench) 08 May 2026
The Supreme Court on Friday said that it will not pass orders to arrest industrialist Anil Ambani in the case of bank fraud by Reliance Communications (RCOM) and its group entities.   A Bench of Chief Justice of India (CJI) Surya Kant and Justice Joymalya Bagchi said that the law laid down by...

Read More



Bar  and   Bench 08 May 2026
The Bombay High Court has directed the Maharashtra government to constitute a high level expert committee within four weeks to conduct a performance audit of the Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act, 1971 (High Court on its own motion v. State of Maharashtra &...

Read More



More than one billion (100 crore) credentials were harvested by malware in the past 12 months alone. That figure does not include credentials stolen through phishing, data breaches or social engineering — only malware. If you have saved passwords in a browser, used the same password on more...

Read More



Ritika Jain (IndiaSpend) 08 May 2026
The Supreme Court, on April 30, disagreed with an appeal by a medical board, and permitted a 15-year-old girl in her third trimester to terminate her pregnancy. This was the second such case this year alone where the Delhi-based All India Institute of Medical Sciences (AIIMS) has argued for the...

Read More



Moneylife Digital Team 08 May 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹5.40 lakh on two cooperative banks, one from Mandi in Himachal Pradesh and the other from Maharashtra, for non-compliance with the directions issued by the banking regulator. The highest penalty of ₹5 lakh has been imposed on Himachal...

Read More



Moneylife Digital Team 07 May 2026
Acutaas Chemicals Limited (Acutaas) makes advanced pharmaceutical intermediates (APIs) and specialty chemicals. Under its API segment, it manufactures molecules that are under clinical trial or which have been launched in the patented and generic market. Under this segment, it has a contract...

Read More



Moneylife Digital Team 07 May 2026
Laurus Labs (Laurus), a Hyderabad-based pharma major, delivered a materially stronger FY25-26, driven by its growing contract development and manufacturing organisation (CDMO) business and a resilient generics portfolio. Established in 2005, Laurus has evolved into a research-driven integrated...

Read More



SN Thyagarajan (Bar  and   Bench) 06 May 2026
The Supreme Court on Tuesday granted relief to over 4,200 home and office space buyers of the stalled Earth Infrastructures Limited projects which is currently under corporate insolvency resolution process (CIRP) (Alpha Corp Development Vs Greater Noida).   A Bench of Justices PV Sanjay Kumar...

Read More



Moneylife Digital Team 05 May 2026
Loss-making Air India will scale down its international operations till July, as surging jet fuel prices and airspace restrictions linked to the West Asia conflict have rendered several routes financially unviable, chief executive officer and managing director (CEO&MD) Campbell Wilson said last...

Read More



Bar  and   Bench 05 May 2026
The case lodged by Lilavati Trust against HDFC Bank Managing Director and CEO Sashidhar Jagdishan stemmed from a personal vendetta rather than genuine criminal conduct, the Bombay High Court observed on Tuesday (Sashidhar Jagdishan v. State of Maharashtra & Ors.)   In its order quashing...

Read More



Moneylife Digital Team 05 May 2026
Waaree Renewable Technologies (Waaree Renewable), a subsidiary of Waaree Energies and part of the Waaree group, reported a 66% year-on-year (y-o-y) surge in net profit for Q4FY25-26, driven by India's accelerating solar sector growth. The company, which specialises in solar...

Read More



Dr Gopal Krishna 05 May 2026
जानामि धर्मं न च मे प्रवृत्तिः, (I know what is right conduct but I am not inclined towards it) जानाम्यधर्मं न च मे निवृत्तिः। (I know what is wrong conduct but I am not free from it)

Read More



Moneylife Digital Team 05 May 2026
JNK India Limited (JNK India) is a Mumbai-based technology-driven EPC (engineering-procurement-construction) company incorporated in 2010, specialising in combustion equipment for the oil, gas, petrochemicals and fertiliser industries. The company designs, engineers, manufactures, supplies,...

Read More



Ritwik Choudhury (Bar  and   Bench) 05 May 2026
The Supreme Court on Monday held that medical negligence cases for compensation can be pursued against legal heirs of the doctor after the doctor's death in order to deal with damages that may have to be paid to the complainant from the doctor’s estate (Kumud Lall v. Suresh Chandra Roy &...

Read More



Moneylife Digital Team 05 May 2026
Reserve Bank of India (RBI) has announced a redistribution of portfolios among its deputy governors following the appointment of Rohit Jain, who assumed charge on 4 May 2026.    The reshuffle, notified through a press release, reallocates key departments across the four deputy governors,...

Read More



Moneylife Digital Team 05 May 2026
In a dramatic reshaping of India’s political landscape, the 2026 Assembly election results on Monday unseated three incumbent chief ministers (CMs), propelled the Bharatiya Janata Party (BJP) to a historic breakthrough in West Bengal and handed the Congress a crucial victory in Kerala even as...

Read More

Free Helpline
Legal Credit
Feedback