DAILY NEWS: OUR PICKS


Moneylife Digital Team 15 July 2025
India’s financial environment deteriorated sharply in June 2025, as reflected in CRISIL Ratings’ financial conditions index (FCI), which slipped to -0.5 from a neutral 0.0 in May. This negative value signals that financial conditions were not only tighter than the previous month but also fell...

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Moneylife Digital Team 15 July 2025
Tesla has officially entered the Indian automotive market with the launch of its first showroom in Mumbai, marking a significant step in the electric vehicle (EV) giant’s global expansion. The 4,000-square-foot (sqft) Experience Centre, located at the upscale Maker Maxity Mall in Bandra Kurla...

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Sahyaja MS (Bar  and   Bench) 15 July 2025
The Bombay High Court on Tuesday stayed an investigation against Tata Consulting Engineers (TCE) in a case registered by the Central Bureau of Investigation (CBI) in connection with the alleged Rs800 crore scam in the Jawaharlal Nehru Port Authority's (JNPA) capital dredging project.    A...

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Moneylife Digital Team 15 July 2025
In a sweeping crackdown on illegal financial activity, the directorate of enforcement (ED) on Tuesday conducted raids at four locations in Mumbai as part of a money laundering investigation into a high-value dabba trading and online betting syndicate. The operation, which is still ongoing, led...

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Moneylife Digital Team 15 July 2025
The managed office space and co-working industry in India has undergone significant transformation over the past decade, evolving from a niche concept to a mainstream component of modern business infrastructure. Within this, flexible office spaces have carved out a substantial presence,...

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Bhavini Srivastava (Bar  and   Bench) 15 July 2025
The Delhi High Court on Monday denied bail to a man accused of being part of a fraudulent cryptocurrency racket through a platform called Pluto Exchange, while observing that cryptocurrency has profound implications on the country's economy (Umesh Verma vs State).   Justice Girish Kathpalia...

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Moneylife Digital Team 15 July 2025
The national consumer disputes redressal commission (NCDRC) has ordered Volkswagen India Pvt Ltd, Volkswagen Group Sales India Pvt Ltd and the carmaker's Pune-based dealer BU Bhandari Automotive Pvt Ltd to jointly pay Rs10 lakh as compensation to an Aurangabad-based businessman for failing to...

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Moneylife Digital Team 15 July 2025
Market regulator Securities and Exchange Board of India (SEBI) has directed Heet Manish Bapna, also known as Heet Manish Bafna, proprietor of Standard Chartists, to refund Rs1.11 crore collected from client-investors for offering unregistered investment advisory services. He has also been...

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Moneylife Digital Team 14 July 2025
Global trading firm Jane Street has deposited a massive sum of Rs4,843.57 crore into an escrow account, marking a significant step in complying with Securities and Exchange Board of India’s (SEBI) interim order dated 3 July 2025. The market regulator confirmed the transfer on Monday, stating...

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Moneylife Digital Team 14 July 2025
While originations for larger loans such as home, auto and personal loans above Rs10 lakh continued to grow, there was a noticeable deterioration in repayment behaviour for loans under Rs1 lakh, particularly in personal loans, two-wheeler finance and microcredit, says the ‘How India Lends’...

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Moneylife Digital Team 14 July 2025
In a major development in the massive PACL Ltd investment fraud case, the Delhi zonal office of the directorate of enforcement (ED) has provisionally attached immovable properties worth around Rs 762.47 crore. The properties—spread across Punjab, Haryana, Delhi, Maharashtra and even...

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Moneylife Digital Team 14 July 2025
The Gurugram zonal office of the directorate of enforcement (ED) has provisionally attached immovable properties worth Rs 681.54 crore belonging to Ramprastha Promoters & Developers Pvt Ltd (RPDPL) and its group companies, in a widening probe into a real estate scam that allegedly duped...

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Moneylife Digital Team 14 July 2025
Anthem Biosciences Ltd (Anthem) is a technology-driven contract research, development and manufacturing organisation (CRDMO) offering fully integrated capabilities across drug discovery, development and commercial manufacturing. It is one of the few Indian companies to offer end-to-end services...

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Moneylife Digital Team 14 July 2025
The Aircraft Accident Investigation Bureau (AAIB) has released its preliminary report into the tragic crash of Air India Flight AI171, revealing that both engines lost power within seconds of takeoff due to fuel cutoff switches being moved from the 'RUN' to 'CUTOFF' position. The incident,...

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SN Thyagarajan (Bar  and   Bench) 14 July 2025
The Karnataka High Court recently quashed criminal proceedings against Hindustan Unilever Limited (HUL) CEO Rohit Jawa in a food safety case involving allegations of pesticide contamination in Horlicks biscuits (Rohit Jawa Vs State of Karnataka).   The Court held that the prosecution was...

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Moneylife Digital Team 14 July 2025
Market regulator Securities and Exchange Board of India (SEBI) has imposed a total penalty of Rs12 lakh on Smart Infraproperties Pvt Ltd and Yuvika Tradewing LLP for failing to make timely disclosures of their share transactions in Cressanda Railway Solutions Ltd, formerly Cressanda Solutions...

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Moneylife Digital Team 14 July 2025
Reserve Bank of India (RBI) has imposed penalties of Rs7.58 lakh on HDFC Bank Ltd and Shriram Finance Ltd, a non-banking financial company (NBFC), for non-compliance with the directions issued by the banking regulator. HDFC Bank was fined Rs4.88 lakh while Shriram Finance has been penalised...

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Sponsored Post 14 July 2025
For most private employees, retirement isn’t something they actively plan for. It’s something they’ll “figure out later.” Right now, there’s too much going on: rent, school fees, loan EMIs, monthly targets, etc. The idea of setting up a pension feels like a luxury, not a necessity.   But...

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Debayan Roy (Bar  and   Bench) 14 July 2025
Senior Advocate Dushyant Dave has decided to quit legal profession after 48 years at the Bar.   He announced his decision via a WhatsApp message.   “After having spent 48 glorious years at the Bar and having just celebrated 70th wonderful birthday, I have decided to quit the profession of...

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Praisy Thomas (Bar  and   Bench) 14 July 2025
The District Consumer Disputes Redressal Commission (DCDRC) at Ernakulam recently directed the digital retail store 'myG Future' to pay over Rs15,000 to a senior citizen for a misleading advertisement that falsely claimed to give a 64% discount on a biriyani pot (Manuel Vincent v My G...

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