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On 23rd September, the insurance regulatory and development authority of India (IRDAI) proposed a significant overhaul of insurance distribution—to bring down insurers' expenses, reintroduce product-linked commission caps, make distributor remuneration more transparent and claw back commissions...

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Moneylife Digital Team 09 October 2026
Elon Musk’s battle to bring Starlink’s satellite internet services to India took a contentious turn on Thursday, with the billionaire entrepreneur questioning the influence of Reliance Industries Ltd (RIL) chairman Mukesh Ambani after the government rejected his allegations that powerful...

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Moneylife Digital Team 09 October 2026
Moneylife’s market breadth indicators entered in the bearish territory this week. The trends of the major indices in the course of the week's trading are given in the table below:     News Zee Entertainment Enterprises received a notice from the ministry of corporate affairs (MCA)...

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Moneylife Digital Team 09 October 2026
INDIAN MARKET TRENDS From 1st October to 8 October 2026, the Sensex ended flat. The NIFTY, ML Large-cap Index, ML Small-cap Index, ML Mid-cap Index and ML Mega-cap Index fell 1% each. ML Micro-cap Index fell 2%.                                       FUND FLOWS Foreigners: Foreign...

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Moneylife Digital Team 09 October 2026
The Reserve Bank of India (RBI) has cancelled the certificates of registration (CoR) of 13 non-banking financial companies (NBFCs) and accepted the surrender of registration by 10 others.    According to RBI, the exits were due to various reasons, including voluntary discontinuation of NBFC...

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Moneylife Digital Team 09 October 2026
The best three and the worst three mutual fund schemes over the past three years ranked by their quarterly rolling returns. Premium members get access to a more refined list of top schemes by logging into Moneylife Advisory.                                    

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Moneylife Digital Team 09 October 2026
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs2 lakh on Kolkata-based VCK Share & Stock Broking Services Ltd  for failing to ensure that trading terminals allotted to its authorised persons (APs) were operated only by approved users and for allowing...

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Moneylife Digital Team 09 October 2026
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs2 lakh on Kolkata-based VCK Share & Stock Broking Services Ltd  for failing to ensure that trading terminals allotted to its authorised persons (APs) were operated only by approved users and for allowing...

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Moneylife Digital Team 09 October 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹5 lakh on Bihar-based Monghyr Jamui Central Cooperative Bank Ltd for non-compliance with certain RBI directions on know-your-customer (KYC) norms.   The statutory inspection of Monghyr Jamui Central Cooperative Bank, conducted by the...

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Moneylife Digital Team 09 October 2026
The National Stock Exchange of India (NSE) has issued a series of investor cautions against social media accounts, Telegram channels and other online platforms offering stock-market tips, assured or guaranteed returns, account-handling services and illegal dabba trading.   The warnings,...

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Moneylife Digital Team 09 October 2026
Rentomojo Limited (Rentomojo), incorporated in April 2012 and based in Bengaluru, is India’s largest full-stack direct-to-consumer (D2C) online rental and subscription platform for furniture and home appliances. Customers rent products, such as refrigerators, washing machines, beds, mattresses,...

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Moneylife Digital Team 08 October 2026
On Thursday, 1,003 stocks advanced, 3,246 declined, and 225 remained unchanged on the Bombay Stock Exchange with an advance-decline ratio of 0.31, indicating a negative closing.  Brent crude surged above $104, while foreign investors continued heavy selling. The RBI's hawkish rate hike...

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Moneylife Digital Team 08 October 2026
The directorate of enforcement (ED) has provisionally attached 48 immovable properties in Pune, Mumbai and Raigad with a current market value of ₹567.45 crore in its money laundering investigation into the massive PACL financial fraud case.   The properties are held in the names of Prateek...

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Moneylife Digital Team 08 October 2026
A special court dealing with securities market offences in Mumbai has rejected market operator Nirmal Kumar Kotecha’s plea to compound a criminal prosecution linked to alleged price manipulation in Pyramid Saimira Theatre Ltd (PSTL), holding that the case involved conduct with consequences for...

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SN Thyagarajan (Bar  and   Bench) 08 October 2026
The National Company Law Tribunal (NCLT) at Kochi has ordered the winding up of 14 entities linked to the Popular Finance Group and directed the liquidators to trace money collected from the public and identify assets acquired using such funds.   A Bench of Judicial Member Vinay Goel and...

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SN Thyagarajan (Bar  and   Bench) 08 October 2026
The National Company Law Tribunal (NCLT) at Kochi has ordered the winding up of 14 entities linked to the Popular Finance Group and directed the liquidators to trace money collected from the public and identify assets acquired using such funds.   A Bench of Judicial Member Vinay Goel and...

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Moneylife Digital Team 08 October 2026
Market regulator Securities and Exchange Board of India (SEBI) has relaxed the mandatory requirement to appoint a merchant banker for certain private placements of debt securities by listed issuers, subject to stringent eligibility conditions. The move is aimed at streamlining the issuance of...

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SVVN Babji Rao 08 October 2026
A fictional investigative series inspired by patterns observed in publicly documented corporate governance failures.   Seven in the evening.   A luxury yacht was moving slowly across the Arabian Sea.   On the deck, a birthday party was already in full swing. Some of the country's and the...

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Moneylife Digital Team 08 October 2026
Lumax Auto Technologies Limited (Lumax), part of the Lumax-DK Jain group, manufactures components for passenger vehicles (PVs), two-wheelers (2Ws) and commercial vehicles (CVs). Its portfolio spans advanced plastics, mechatronics, structures and control systems, aftermarket products and...

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Moneylife Digital Team 08 October 2026
Market regulator Securities and Exchange Board of India (SEBI) has introduced a colour-coded ‘Credit Risk-o-Meter’  as a mandatory disclosure mechanism for debt securities to help investors assess the credit risk of an instrument before investing. The new framework will require issuers and...

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