DAILY NEWS: OUR PICKS


Moneylife Digital Team 13 June 2025
Just when vehicle owners thought they were done with compliance fatigue—having paid for smart number plates and e-registrations—they now find themselves staring at yet another bureaucratic hurdle: know-your-vehicle (KYV) verification. Rolled out quietly but enforced stringently since August...

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Ambareesh Baliga, a veteran investment advisor with nearly four decades of experience in India’s stock markets, finds himself in a frustrating battle, not with market volatility, but with cyber fraud and bureaucratic indifference.   Mr Baliga recently revealed through a post on the social...

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Moneylife Digital Team 13 June 2025
Israel launched a series of coordinated airstrikes across multiple Iranian cities in the early hours of Friday, dramatically escalating long-simmering hostilities into a full-blown military conflict. The attack, aimed primarily at Iran’s nuclear infrastructure, claimed the lives of several...

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Moneylife Digital Team 13 June 2025
In what is being called one of the gravest aviation tragedies in recent Indian history, an Air India Boeing 787-8 Dreamliner crashed minutes after taking off from Ahmedabad on Thursday, killing at least 265 people including Gujarat's former chief minister (CM) Vijay Rupani and the family of and...

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In 2017, addressing the chartered accountants (CAs), the prime minister (PM) set out his wish for a doubling of the roster of the Big Four accounting firms with names that are desi. He had set out a time frame of five years.     It has been almost eight years and the noticeable change is...

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Moneylife Digital Team 13 June 2025
The Reserve Bank of India (RBI) has issued fresh guidelines aimed at easing the process of know-your-customer (KYC) updates, especially for accounts linked to government benefit transfers such as Pradhan Mantri Jan Dhan Yojana (PMJDY) and direct benefit transfer (DBT). However, RBI circular,...

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Moneylife Digital Team 13 June 2025
US-based proprietary trading firm Jane Street is under investigation by the Securities and Exchange Board of India (SEBI) over its derivatives trading activity spanning the past three years, according to a report by Reuters. The market regulator is probing whether the firm attempted to...

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Over 20 years ago, I had written an article in AmarUjala, the popular newspaper in North India and I remembered this when I was reading the headlines in the Times of India (ToI) on 22 March 2025.    What do these headlines say? The same things - a Supreme Court judge has been caught with...

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Ritwik Choudhury (Bar  and   Bench) 13 June 2025
The Supreme Court on Friday granted bail to journalist Kommineni Srinivasa Rao, who was arrested on June 9 over a panelist's allegedly derogatory remarks during a talk show on Sakshi TV.    The Bench of Justices PK Mishra and Manmohan noted that Rao himself had not made the statement and his...

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SN Thyagarajan (Bar  and   Bench) 13 June 2025
The National Company Law Tribunal (NCLT) at Ahmedabad on Friday admitted an insolvency plea filed by Indian Renewable Development Agency (IREDA) against Gensol Engineering Limited, owner of BluSmart.   A coram of Judicial Member Shammi Khan and Technical Member Sanjeev Kumar said, "The...

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Moneylife Digital Team 13 June 2025
Supriya Lifescience Limited (Supriya) is into manufacturing of active pharmaceutical ingredients (APIs) in certain therapeutic segments, including anti-histamines, anti-allergic, vitamins, anti-asthmatics and anaesthetics. It claims to be the foremost exporter of products in these therapies. It...

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Moneylife Digital Team 13 June 2025
More than Rs5 crore in advisory and research fees have been routed through the Securities and Exchange Board of India’s (SEBI) centralised fee collection mechanism (CeFCoM) as of 10 June 2025, signalling growing investor trust in the platform and a clear preference for dealing with...

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Perplexity is your personal artificial intelligence (AI)-powered Swiss army knife for information discovery and curiosity. It's not just about answering questions; it's about empowering you to do more—whether you're looking to summarise content, explore new topics, dive deep into them or even...

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Moneylife Digital Team 12 June 2025
In a devastating aviation tragedy, Air India flight AI-171, a Boeing 787 Dreamliner en route to London Gatwick, crashed into a residential neighbourhood in Meghani Nagar shortly after taking off from Ahmedabad at 1:38pm. The flight was carrying 242 individuals, including 230 adult passengers,...

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Moneylife Digital Team 12 June 2025
A tragic air disaster struck Ahmedabad on Thursday afternoon, with reports suggesting that Gujarat’s former chief minister (CM) Vijay Rupani and prominent industrialist Pramukh Nanda’s family may have been aboard the ill-fated Air India flight AI171. The aircraft, a Boeing 787 Dreamliner,...

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The central information commission has ruled that information regarding the licensing and suspension status of high-density polyethylene (HDPE) pipes used for potable water must be disclosed under the Right to Information (RTI) Act, as it is a matter of grave public health concern.   HDPE...

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Moneylife Digital Team 12 June 2025
In a move aimed at reducing power consumption and promoting energy efficiency, the Indian government is set to enforce new rules that will limit the operational temperature range of air conditioners (ACs) across the country. Earlier this week, Union minister for housing and urban affairs...

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Moneylife Digital Team 12 June 2025
The Mumbai zonal office of the directorate of enforcement (ED) has provisionally attached assets worth Rs33.89 crore belonging to Sai group promoter Jayesh Vinodkumar Tanna, his family members, and associated entities, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002....

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Shirish Shanbhag 12 June 2025
Week after week, we receive a steady stream of questions from cooperative housing society (CHS/the Society) members who are grappling with the complexities of society management—be it redevelopment, maintenance charges, or annual general meetings. While the Maharashtra Cooperative Societies Act...

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Moneylife Digital Team 12 June 2025
Three officials of Brightcom Group Ltd (BGL), K Anusha, V Sri Lakshmi and Dr K Jayalakshmi Kumari, have paid Rs35.42 lakh to settle a case with market regulator Securities and Exchange Board of India (SEBI) about misstatements and irregularities in BGL’s financial statements during the FY14-15...

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