DAILY NEWS: OUR PICKS


Moneylife Digital Team 11 May 2026
Chief justice of India Surya Kant on Monday announced the launch of a major digital initiative to integrate judicial data across courts nationwide and improve public access to court-related services through technology-driven systems.   Making the announcement at the outset of the day’s...

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Moneylife Digital Team 11 May 2026
Nearly three decades after investigations into the alleged manipulation of shares of BPL Ltd, Videocon International Ltd and Sterlite Industries Ltd shook India’s stock market, a special court under the Securities and Exchange Board of India (SEBI) Act has convicted six companies, part of the...

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The appointment of independent directors (IDs) has its quota of practices that push the envelope.   Cases that stretch, if not breach, the spirit of corporate governance have been discussed in this column. The issues are recapitulated in brief.   A direct subversion of the concept of...

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Moneylife Digital Team 11 May 2026
Shares of major jewellery companies took a sharp beating on Monday after prime minister (PM) Narendra Modi, addressing a public gathering at the Parade Grounds in Hyderabad on Sunday, called on Indians to refrain from purchasing gold for at least one year. The appeal, framed as a national...

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Moneylife Digital Team 11 May 2026
Reserve Bank of India (RBI) has imposed penalties totalling ₹33.60 lakh on Yes Bank Ltd and Hinduja Housing Finance Ltd, a housing finance company (HFC), for non-compliance with directions issued by the banking regulator. The highest penalty of ₹31.80 lakh was imposed on Yes Bank. Hinduja...

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Moneylife Digital Team 11 May 2026
Emphasising the need to shield India from the adverse impact of the escalating conflict in West Asia, prime minister (PM) Narendra Modi on Sunday urged citizens to adopt restraint in fuel consumption, postpone non-essential foreign travel and gold purchases and revive COVID-era efficiency...

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On 10th March, India loosened the rules governing foreign direct investment (FDI) from countries with which it shares land borders. The regime—known as Press Note 3—was introduced in April 2020, ostensibly to prevent opportunistic takeovers during the pandemic but in practice aimed squarely at...

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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...

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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...

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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...

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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...

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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...

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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 &...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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