DAILY NEWS: OUR PICKS


Amitabha Banerjee Amitabha Banerjee 16 September 2022
Once in a while, a subordinate will put you in a spot where you won’t know whether to laugh or cry. You can only mutter to yourself, “What the .…!”   Here are some occasions when this happened to me.   Being the telex officer, a very junior position, I was in charge of the...

Read More



Moneylife Digital Team 15 September 2022
The Supreme Court (SC) has admitted a review petition filed by Axis Bank Ltd against a recent order passed in the corporate insolvency resolution process (CIRP) for Vidarbha Industries Power Ltd. The matter is listed for hearing on 19 September 2022 in open court before the bench of justice...

Read More



Vinita Deshmukh Vinita Deshmukh 15 September 2022
Any major policy decision and, in this case, pertaining to the future of thousands of youngsters who are staking a career as Agniveers in the newly launched Agnipath scheme, wherein they would be enrolled in the armed forces for a four-year period and serve as soldiers in all three arms,...

Read More



IANS 15 September 2022
India recorded 131 deals valued at US$4.1bn (billion) in August, which was 40% lower in terms of volumes compared with August last year and 52% lower in value (partly due to non-disclosure of values in most M&A—merger & acquisition deals), a report showed on Thursday.   M&A deals...

Read More



IANS 15 September 2022
The enforcement directorate (ED), after conducting raids at multiple locations belonging to payment gateways, viz., Paytm and PayU, in connection with a case of Chinese loan apps, asked Paytm to freeze certain amounts from a few merchant IDs (MIDs).   Sources said the raids were...

Read More



IANS 15 September 2022
With a view to regulate the pre-owned vehicles market in the country, the ministry of road transport and highways (MoRTH) has issued a draft notification to promote ease of doing business and transparency in the sale and purchase of registered vehicles through dealers.   The pre-owned...

Read More



IANS 15 September 2022
An Ahmedabad citizen got a lottery of not a few hundreds or lakhs, but Rs 11,677 crore in his demat account only to be taken back in a few hours.   The money was in his account for more than eight hours.   Ramesh Sagar has been investing in the stock market for the last five...

Read More



IANS 15 September 2022
The reconstituted National Medical Device Promotion Council (NMDPC) under the Department of Pharmaceuticals held its first meeting in New Delhi and was updated on the steps taken up by Central Drugs Standard Control Organisation (CDSCO) and the state licensing authorities for the smooth...

Read More



Andrea Bernstein (ProPublica) 15 September 2022
This story was originally published by ProPublica.   People have wondered why the former president collected classified intel, speculating that he is just a packrat. But he has a long history of gathering and wielding sensitive info to help himself.   Ever since the FBI came...

Read More



IANS 14 September 2022
The enforcement directorate (ED) is conducting raids at multiple locations belonging to payment gateway i.e Paytm and PayU in connection with a case pertaining to Chinese loan apps.   Sources said that raids were going on in Mumbai, Delhi, Gurugram, Lucknow and Kolkata.   The...

Read More



Moneylife Digital Team 14 September 2022
Developers, who had jumped into the mall development business without understanding the demographics and demand, are biting their nails. In the past few years, many ghost malls have sprung up in the organised retail sector in India and almost 57 malls from across the country, are in different...

Read More



IANS 14 September 2022
Twitter whistle-blower Peiter Zatko on Tuesday claimed that the Parag Agrawal-led platform hired a Chinese agent working for the country's ministry of state security (MSS), and reiterated that the Indian government also 'forced' Twitter to hire government agents.   During a hearing...

Read More



IANS 14 September 2022
The assets under management (AUM) of housing finance companies (HFCs) are expected to grow 10%-12% in this financial year 2022-23, against 8% in the previous financial year, mainly due to home loans, which could grow 15% year-on-year (y-o-y), said CRISIL.   Last fiscal, HFC growth was...

Read More



IANS 14 September 2022
The government has set up an expert committee, headed by former SEBI (Securities and Exchange Board of India) chairman Meleveetil Damodaran, to suggest appropriate measures to address regulatory and other issues, so that investments by venture capital (VC) and private equity (PE) investors...

Read More



IANS 14 September 2022
Soon e-commerce entities may face heavy penalty for posting fake reviews of products, as the government is finalising guidelines to curb such practices.   According to highly-placed sources, a committee formed by the department of consumer affairs is finalising changes in the norms...

Read More



IANS 14 September 2022
The central board of direct taxes (CBDT) on Tuesday issued another circular to further clarify issues arising on deduction of tax at source under the newly-inserted Section 194-R in respect of benefits or perquisites provided to residents in cash or in kind in the course of business or...

Read More



Moneylife Digital Team 14 September 2022
A Securities and Exchange Board of India (SEBI) special court has issued a bailable warrant against businessman and Sahara India Parivar founder Subrata Roy for not appearing before the court in connection with a cheating case worth more than Rs25,000 crore. Special judge VS Gaike was hearing...

Read More



IANS 14 September 2022
August 2022 recorded $2.2 billion in PE/VC investments, 80 per cent lower than the investments in same month last year.   According to the IVCA-EY monthly PE/VC roundup, August 2022 recorded investments worth $2.2 billion across 83 deals, including five large deals worth $972...

Read More



Moneylife Digital Team 14 September 2022
Aegis is India’s leading oil, gas and chemicals logistics company. It operates a network of bulk liquid handling terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines and LPG gas stations, to deliver products and services. Its gas division is the main growth driver;...

Read More



IANS 14 September 2022
A Delhi court on Tuesday ordered a court-monitored investigation into the over Rs 800 crore scam of public sector banks, including the State Bank of India (SBI), allegedly involving an infrastructure company director.   The FIR in this regard was registered by the Delhi Police's...

Read More

Free Helpline
Legal Credit
Feedback