DAILY NEWS: OUR PICKS


Shirish Shanbhag 09 January 2025
Navigating the complexities of cooperative housing society (CHS/the Society) management often brings residents face-to-face with intricate issues, from maintenance charges to administrative missteps and disputes over rights. This week's column addresses three pressing concerns faced by the...

Read More



Moneylife Digital Team 08 January 2025
The National Statistical Office's (NSO’s) first advance estimate (FAE) for FY2024-25 projects India's real gross domestic product (GDP) growth at 6.4%, significantly slower than the 8.2% last fiscal. According to CRISIL Ratings, fiscal consolidation, elevated interest rates and prolonged high...

Read More



Moneylife Digital Team 08 January 2025
Deven Sangoi, a seasoned asset management professional, and his sister, Meghana Gosar, have paid Rs91 lakh and agreed to a six-month debarment from markets to settle a case of front-running with market regulator Securities and Exchange Board of India (SEBI). Ms Gosar also agreed to disgorge...

Read More



Moneylife Digital Team 08 January 2025
The Maharashtra Cabinet has decided to make toll collection through FASTag mandatory from 1 April 2025. The Cabinet also announced revisions in the rules of business to streamline administrative processes for toll collection through FASTag.   A proposal submitted by the public works...

Read More



SN Thyagarajan (Bar  and   Bench) 08 January 2025
Before the National Company Law Tribunal (NCLT) on Monday, banks and financial institutions objected to the repayment plan submitted by the Resolution Professional for Zee Entertainment Enterprises Limited (ZEEL) founder Subhash Chandra (Indiabulls Housing Finance Limited v. Dr Subhash...

Read More



Moneylife Digital Team 08 January 2025
While revising its master directions for regulated entities (REs) on credit information reporting, the Reserve Bank of India (RBI) has asked credit information companies (CICs) to send alert to customers when their credit information report (CIR) is accessed by the specified users (SUs)....

Read More



Sahyaja MS (Bar  and   Bench) 08 January 2025
The Bombay High Court on Wednesday granted bail to Rona Wilson and Sudhir Dhawale, accused in the 2018 Bhima Koregaon violence case.   A Bench of Justice AS Gadkari and Justice Kamal Khata granted bail citing prolonged incarceration, the non-framing of charges and the fact that over 300...

Read More



SN Thyagarajan (Bar  and   Bench) 08 January 2025
The Delhi High Court on Tuesday held that the Central Information Commission (CIC) cannot ask the Telecom Regulatory Authority of India (TRAI) to requisition information on subscribers from Telecom Service Providers (TSPs) under the Right To Information Act (RTI). (TRAI v. Akshay Kumar...

Read More



Moneylife Digital Team 08 January 2025
The Supreme Court collegium has recommended transfers of justice Devendra Kumar Upadhyaya as chief justice of the Delhi High Court (HC) and justice Alok Aradhe as chief justice of the Bombay High Court. At present, justice Upadhyaya is the chief justice of the Bombay HC, while justice Aradhe is...

Read More



Moneylife Digital Team 08 January 2025
United Breweries Ltd (UB), the maker of popular Kingfisher and Heineken beer, has decided to suspend the supply of beer in Telangana due to non-revision of prices since FY19-20.   In a regulatory filing, UB, a unit of Heineken NV, the world's second-largest beer maker, says, "...the company...

Read More



Sponsored Post 08 January 2025
Retirement is meant to be the golden phase of life when you can finally take a break from work and pursue interests close to your heart. However, would it turn out that way if financial worries loom over your silver years?   Proper retirement planning is crucial to truly maximising your...

Read More



Moneylife Digital Team 07 January 2025
Coming down heavily on the jurisdictional assessing officer (JAO) and principal commissioner of income-tax (PCIT) for gross non-application of mind and totally irrelevant remarks alien to the case, causing serious prejudice to the petitioner and leading the petitioner to knock on the doors of...

Read More



Moneylife Digital Team 07 January 2025
While 2024 witnessed a growth of over 9% for automobiles, sales in December tumbled by over 45% due to low cash-flow and poor market sentiment, with many customers postponing purchases and preferring 2025 models, according to data from the Federation of Automobile Dealers' Association...

Read More



Moneylife Digital Team 07 January 2025
ICICI Securities Ltd paid Rs40.2 lakh to settle a case of violation of stockbroker rules with market regulator Securities and Exchange Board of India (SEBI). SEBI issued the order after ICICI Securities proposed to settle the matter without admitting or denying the facts and conclusions of law,...

Read More



Debayan Roy (Bar  and   Bench) 07 January 2025
The Supreme Court on Tuesday ordered the Central government's Department of Personnel and Training (DoPT) to give a timeline within which pending vacancies in the Central Information Commission (CIC) and various State Information Commissions (SIC) would be filled (Anjali Bhardwaj & Ors. v....

Read More



Bar  and   Bench 07 January 2025
The Joint Registrar of the National Company Law Tribunal (NCLT) recently issued an order withdrawing work from Umesh Kumar Shukla, a Technical Member of the NCLT's Chandigarh Bench, after complaints from stakeholders.   The order dated January 4 order says that work assigned to Shukla, namely...

Read More



Moneylife Digital Team 07 January 2025
Quadrant Future Tek Ltd (Quadrant) is engaged in developing new-generation train control and signalling systems under the KAVACH project of the Indian Railways (IR) that aims to provide safety and reliability to rail passengers. Additionally, it possesses a speciality cable manufacturing...

Read More



Moneylife Digital Team 07 January 2025
Union health secretary Punya Salila Srivastava has emphasised that there is no cause for concern for the public from the human metapneumovirus – HMPV.    During a virtual meeting with states and Union Territories (UTs), the health secretary reviewed the present situation of respiratory...

Read More



Moneylife Digital Team 06 January 2025
Expressing concern over the insufficient provisions of Digital Personal Data Protection Rules, 2025 (DPDP Rules) with several points of contention, the Internet Freedom Foundation (IFF) says the DPDP Rules are 'too little, too vague and too late'. Last week, the Union ministry of electronics...

Read More



Adv (Dr) Prashant Mali 06 January 2025
The recently proposed Rule 10 of the Digital Personal Data Protection (DPDP) Rules, 2025, while aiming to safeguard children's privacy, raises significant concerns about the potential unintended consequences for marginalised communities. This rule mandates that verifiable parental consent be...

Read More

Free Helpline
Legal Credit
Feedback