DAILY NEWS: OUR PICKS


Bar  and   Bench 05 May 2026
The Bombay High Court on Monday granted bail to advocate Surendra Gadling, accused in the Bhima Koregaon violence case of 2018 (Surendra Gadling v. State of Maharashtra & Anr.).   A division bench of Justices AS Gadkari and Kamal Khata noted that Gadling has spent over 8 years in custody and...

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Moneylife Digital Team 05 May 2026
Amanta Healthcare Limited (Amanta) operates within the niche sterile liquid pharmaceuticals segment, primarily supplying hospitals and institutional clients across domestic and export markets. Historically, the investment thesis has centred on scale-led growth in IV (intravenous) fluids and...

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Moneylife Digital Team 04 May 2026
In a significant ruling that underscores the evidentiary limits of search-based tax assessments, the Mumbai bench of income tax appellate tribunal (ITAT) has dismissed the tax department’s appeal and upheld the deletion of an addition of ₹32.14 crore made against the legal heir of Maharashtra's...

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Tanvi Deshpande 04 May 2026
Summer is under way and heat waves are being reported in many parts of the country already. The 16th Finance Commission has recommended that heatwaves be notified as national disasters. The move could unlock central funding to states battling heatwaves and also make way for compensation for...

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Moneylife Digital Team 04 May 2026
Market regulator, the Securities and Exchange Board of India (SEBI), has barred Prijesh Kurani and several of his family members from the securities market in a front-running case involving the misuse of non-public information of a big client (BC) and unlawful gains of about ₹1.96...

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Moneylife Digital Team 01 May 2026
India's oil marketing companies (OMCs) raised the price of 19-kg commercial LPG (liquefied petroleum gas) cylinders by ₹993 with effect from 1 May 2026 — the steepest single-month increase on record — as the ongoing US-Israel war against Iran continues to disrupt global energy supply chains and...

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The arrests of Amitabh Jhunjhunwala and Amit Bapna, two of Anil Ambani’s closest aides, mark the sharpest escalation yet in the multi-agency investigation into an alleged ₹40,000-crore banking fraud and money-laundering case. But do they also signal that the long-drawn probe into the...

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Moneylife Digital Team 30 April 2026
CIE Automotive India Ltd (CAIL) reported its highest-ever quarterly consolidated sales in Q1CY2026 (calendar year 2026) at ₹2,612 crore, 16% y-o-y increase, driven by robust growth in the Indian business and a favourable euro translation in Europe. Indian operations registered sales of ₹1,619...

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Moneylife Digital Team 30 April 2026
The Reserve Bank of India's (RBI) amended directions for non-banking finance companies (NBFCs) issued on 29 April 2026, have effectively closed every regulatory escape route for Tata Sons Pvt  Ltd (Tata Sons) to remain unlisted.    This is based on two factors. First, the ₹1,000 crore...

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Moneylife Digital Team 30 April 2026
OnEMI Technology Solutions Ltd Kissht is a technology-enabled lender in India, primarily offering digital loans through its mobile application for various consumption and business needs. It provides swift, accessible and personalised credit solutions to support its customers throughout their...

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Moneylife Digital Team 29 April 2026
Reserve Bank of India has amended its regulatory framework for non-banking financial companies (NBFCs), introducing a new classification system and allowing certain low-risk entities to seek deregistration if they do not handle public funds or interact with customers.   The changes, notified...

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Moneylife Digital Team 29 April 2026
In a significant development in the alleged bank loan fraud involving companies linked to the Anil Dhirubhai Ambani group (ADAG), a court has ordered the production of former senior executive Amitabh Jhunjhunwala before a Mumbai court in connection with a case registered by central bureau of...

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In July 2024, months before Bank of Maharashtra (BoM) floated its public tender for office space, one of the men who would eventually sign the lease on behalf of the lessor entities sent a written message to his co-signatories — and to Vinod Gannu, an American investor with ownership stakes in...

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Moneylife Digital Team 29 April 2026
In a landmark ruling, the Bombay High Court has held that insurance companies cannot reject hospitalisation claims simply because they are filed after the policy deadline — a decision that could reshape how health insurance claims are handled across India.   On 20 April 2026, a division bench...

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Ritwik Choudhury (Bar  and   Bench) 29 April 2026
The Supreme Court on Wednesday took suo motu cognisance of the mounting delays by the National Company Law Tribunals (NCLT) i approval of corporate resolution plans of companies under insolvency.    A Bench comprising of Justice JB Pardiwala and Justice KV Viswanathan warned that the...

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Moneylife Digital Team 29 April 2026
Market regulator Securities and Exchange Board of India (SEBI) has imposed a total penalty of ₹15 lakh on three people, Navnit Gadoya, Chiranggi Irish Shah and Surbhi Aggarwal, in a front-running case scheme that generated unlawful gains of nearly ₹1.99 crore.   The case pertains to 38...

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Moneylife Digital Team 29 April 2026
In a major relief for commuters, the long-awaited ‘missing link’ on the Yashwantrao Chavan Mumbai–Pune Expressway will open to the public on 1 May 2026 without any additional toll burden, even as authorities propose extending toll collection on the corridor till 2060 to fund future...

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Moneylife Digital Team 29 April 2026
The Union government has proposed a significant expansion of India’s fuel framework by introducing higher ethanol and biodiesel blends, including up to 100% ethanol (E100) and 100% biodiesel (B100), as part of amendments to the Central Motor Vehicles Rules, 1989.   The draft notification...

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Moneylife Digital Team 29 April 2026
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹20 lakh on Arun Panchariya in connection with the fraudulent global depository receipts (GDR) issue of Winsome Yarns Ltd, following multiple rounds of litigation and remand directions from the securities...

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Bar  and   Bench 29 April 2026
Updated at 2.05pm on 29 April 2026 to include the recall order from the HC.   The Bombay High Court has adjourned a 9-year-old defamation suit to be heard in the year 2046 after finding that the case was an “ego fight” between two senior citizens (Tarinibahen Desai and Anr v. Kilkilraj...

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