DAILY NEWS: OUR PICKS


Moneylife Digital Team 14 September 2021
Incorporated in 1981, Sansera Engineering Ltd (SEL) is into precision engine-forged components, such as connecting rod, rocker arm, crankshaft, gear shifter fork and stem comp, and aluminium-forged parts for 4W (four-wheeler), 2W (two-wheeler) vehicles, MCVs (medium commercial vehicles) and...

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Tim Golden  and   Sebastian Rotella (ProPublica) 14 September 2021
This story was originally published by ProPublica.   A long-suppressed FBI report on Saudi Arabia’s connections to the 9/11 plot has revealed that Saudi religious officials stationed in the United States had more significant connections to two of the hijackers than has been previously...

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IANS 14 September 2021
Apple has released iOS 14.8 and iPadOS 14.8 for iPhone as well as for iPad users with an important security fix. Citizen Lab caught zero-click, zero day iMessage .gif files used by NSO Group's Pegasus spyware to exploit Apple's image rendering library   The iOS 14.8 update provides...

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Moneylife Digital Team 13 September 2021
While observing that the formula prescribed by Rule 89(5) of the Central Goods and Service Tax Rules, 2017 (CGST Rules) suffers from anomalies, the Supreme Court says it cannot be a ground to strike down a fiscal rule that has been framed in exercise of the power of delegated...

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Moneylife Digital Team 13 September 2021
Asset reconstruction companies (ARCs) are expected to circle stressed accounts in the micro, small and medium enterprises (MSME) and retail segments in the near-to-medium term due to the twin challenges of inadequate funding access and intensifying competition from the proposed National ARC,...

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Ranganathan V Ranganathan V 13 September 2021
The story of its ruin is simple and obvious, and instead of inquiring why the Roman empire was destroyed, we should rather be surprised that it had subsisted so long. The victorious legions, who, in distant wars, acquired the vices of strangers and mercenaries, first oppressed the freedom of...

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Moneylife Digital Team 13 September 2021
While maintaining that the resolution applicant cannot modify or withdraw its resolution plan approved by the committee of creditors (CoC) under the Insolvency and Bankruptcy Code (IBC), the Supreme Court has asked National Company Law Tribunal (NCLT) and the National Company Law Appellate...

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Moneylife Digital Team 13 September 2021
GHCL Ltd is a diversified company making soda ash and sodium bicarbonate and yarn and home textiles products. In March 2020, the board of directors of GHCL had approved the scheme of demerger of its textiles division into a separate company, GHCL Textiles Ltd (GTL). Under the scheme, each...

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Moneylife Digital Team 13 September 2021
The Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines to insurers on structuring cyber insurance for individuals and gaps that need to be filled. As per the guidelines, cyber insurance should provide cover against theft of funds and identity, unauthorised...

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Veeresh Malik Veeresh Malik 13 September 2021
The typical urban scenario used to be about a tenant doing the rounds, looking for reasonable accommodation—and then going through a rigorous know-your-tenant (KYT) pre-verification, police verifications and all sorts of post-signing fine print - including dealing with broker commissions as...

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Srinath Mallikarjunan 13 September 2021
There has been a lot of hype over the recently liberalized 'Drone policy'. The new drone policy may be found here. The media has hailed these rules as a visionary, game-changing and, of course, a masterstroke.    The hurdles and roadblocks placed by the bureaucracy before India’s...

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Moneylife Digital Team 11 September 2021
The Madurai Bench of Madras High Court has issued a notice to the Reserve Bank of India (RBI) and Union finance ministry on a public interest litigation (PIL) petition filed against challenging the mandatory positive pay system in the country.   The litigant K Krishna, an advocate...

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Yazdi Tantra Yazdi Tantra 11 September 2021
There are loads of file converters available online. Zamzar.com is one of the popular options which allows you to convert files from one format to the other. For using the online file-converter, you must upload your file to their servers and then specify which format you wish to convert your...

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Moneylife Digital Team 11 September 2021
Star Health & Allied Insurance, a stand-alone health insurer, has launched a platinum variant of its existing cardiac-care and cancer-care plans. Let us find out if they are worth it.   Star Health Cardiac Care – Platinum This is an indemnity cover policy designed for persons who...

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Moneylife Digital Team 11 September 2021
Textiles stocks have done well in 2020-21, thanks to strong demand and lower input costs. And now the government has announced production-linked incentive (PLI) scheme for the sector which has got the market even more excited. We believe that textiles companies, that are making value-added...

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Vinita Deshmukh Vinita Deshmukh 11 September 2021
Such a parody! At one end, there is the special protection group (SPG), a paramilitary force whose sole objective is to provide proximate security to the prime minister (PM) of India. At the other, the PMO (prime minister's office), where visitors’ records need not be kept! This is revealed...

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Sucheta Dalal Sucheta Dalal 11 September 2021
The more you look for change, the more hopeless it makes you feel. If two court orders, discussed in my previous column (Videocon and Supertech Orders: Blip in a Bleak Landscape or Harbinger of Change?) held out a ray of hope last week, we are back to staring at the abyss this...

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Moneylife Digital Team 11 September 2021
In 2020, Divi’s Laboratories (Divi’s) became the second most valuable listed pharmaceuticals company—the first being Sun Pharmaceutical Industries Ltd. How did Divi’s manage to reach this position on a business model which works on high volumes and low production costs and is seen at the...

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Moneylife Digital Team 09 September 2021
Proxy advisory firm Institutional Investor Advisory Services (IiAS) has asked shareholders of Zee Entertainment, not to re-appoint independent directors, Ashok Kurien and Manish Chokhani, on the company's board.   Raising concerns of corporate governance, IiAS highlighted that Ashok...

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Moneylife Digital Team 09 September 2021
Onions, a staple in most Indian households, are likely to make consumers cry again, with erratic monsoon leading to an eventual delay in harvest. Delay in arrival of the Kharif crop and shorter shelf life of the buffer stock because of Cyclone Tauktae are likely to fuel a rise in prices, says...

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