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It is rather surprising that the wholesale removal of the independent directors of a listed entity failed to grab due attention in the financial media. The company is no non-entity, either.   And, when such a development is an offshoot of a squabble in a business family, the only reason that...

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Moneylife Digital Team 11 June 2026
India's electric passenger vehicle market is entering a phase of accelerated growth, with electric four-wheeler (E4W) sales expected to more than double by next fiscal as improving economics, longer driving ranges and a wider choice of models drive consumer adoption, says a report from CRISIL...

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Moneylife Digital Team 11 June 2026
A 19-year-old ethical hacker who came into the national spotlight after identifying security vulnerabilities in the Central Board of Secondary Education's (CBSE) on-screen marking (OSM) portal has been appointed as an open-source intelligence (OSINT) and threat intelligence engineer at IIT...

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KBS Sidhu 11 June 2026
The Constitutional Silence   The Constitution of India makes no distinction between the freedom of speech of an ordinary citizen and that of a journalist. Article 19(1)(a) guarantees every citizen the right to freedom of speech and expression. The Preamble secures liberty of thought,...

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Moneylife Digital Team 11 June 2026
Life in a cooperative housing society (CHS/the Society) is governed as much by procedures and records as by neighbourly understanding. Many disputes arise not from major conflicts but from uncertainty over how CHS, especially the managing committee, should deal with routine matters such as the...

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Moneylife Digital Team 11 June 2026
Lumax Industries (Lumax) is the flagship company of the DK Jain group and India's market leader in automotive lighting. Founded as Globe Auto Industries in 1945 — originally a trading concern — the company pivoted to manufacturing in 1956-57 and signed its landmark technical assistance...

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Moneylife Digital Team 11 June 2026
The Bengaluru 1st additional district consumer disputes redressal commission has directed Amazon Seller Services Pvt Ltd to refund ₹38,990, along with interest, to a customer who received a Bellavita perfume set instead of an Insta360 Ace Pro 2 Action Camera ordered through the e-commerce...

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Moneylife Digital Team 11 June 2026
A special CBI (central bureau of investigation) court in Mumbai has remanded Amitabh Jhunjhunwala, former group managing director (MD) within the Anil Dhirubhai Ambani (ADA) group, to CBI custody until 12 June 2026 in connection with an alleged bank fraud involving Reliance Commercial Finance...

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Moneylife Digital Team 11 June 2026
Solara Active Pharma Sciences (Solara) was created by demerging the API (active pharmaceutical ingredient) business from Strides Shasun Ltd (now Strides Pharma Sciences Ltd) in 2017. The company also acquired the human API business from Sequent Scientific Ltd, solidifying its position as a...

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Bhavini Srivastava (Bar  and   Bench) 11 June 2026
The action of Enforcement Directorate (ED) against independent digital news media company NewsClick and its founder Prabir Purkayastha in relation to a foreign direct investment (FDI) case amounted to an abuse of power against free and impartial journalism, the Delhi High Court recently held...

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Moneylife Digital Team 11 June 2026
The directorate of enforcement (ED) has provisionally attached an Arabian Sea-facing immovable property in Murud, Raigad district of Maharashtra, with a current market value of more than ₹60 crore, in connection with its ongoing investigation into the alleged ₹1,400 crore bank fraud involving...

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Moneylife Digital Team 10 June 2026
Reserve Bank of India (RBI) has cancelled the certificates of registration (CoR) of 135 non-banking financial companies (NBFCs), including 125 entities based in West Bengal, four in Maharashtra, two in Delhi and one each in Madhya Pradesh, Manipur, Tamil Nadu and Telangana.   In a separate...

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Moneylife Digital Team 10 June 2026
On Wednesday, 1,399 stocks advanced, 2,818 declined and 164 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.50 indicating a negative closing. The trend of the major indices on Wednesday’s trading is given in the table below.       On NSE, securities 140 advanced...

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SN Thyagarajan (Bar  and   Bench) 10 June 2026
The Madras High Court has acquitted a 90-year-old former Bank of Baroda Chief Manager in a corruption case registered by the Central Bureau of Investigation (CBI) nearly three decades ago, holding that the prosecution had failed to prove its case beyond reasonable doubt (VR Narayanan Vs...

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Moneylife Digital Team 10 June 2026
The National Stock Exchange (NSE) has cautioned investors against dealing with two individuals, Purna Kabiraj and Ritik Sharma, who are allegedly offering stock market tips, account-handling services and promises of assured returns through social media platforms.    In one advisory, NSE said...

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Bar  and   Bench 10 June 2026
The Hertfordshire Constabulary has provided security to family members of retired Bombay High Court Justice Gautam Patel in the United Kingdom after one of them was physically assaulted.    In a statement to Bar and Bench, the police confirmed that the assault as well as the threats issued...

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Moneylife Digital Team 10 June 2026
Quality Power Electrical Equipment Ltd (Quality) reported a near-tripling of quarterly revenue, fuelled by rising demand for high-voltage grid equipment worldwide, and reiterated its long-term plan to grow annual sales nearly six-fold to ₹2,000 crore (US$240mn—million) in the next four years....

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KBS Sidhu 10 June 2026
I was the one that let the Trojan Horse in.   It began with a message from a friend. A DM on my X (formerly Twitter) account.   Not an anonymous email from a Nigerian prince. Not a suspicious link from an unknown number. A direct message on X (formerly Twitter) from someone I know...

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Moneylife Digital Team 10 June 2026
Viyash Scientific Limited (Viyash), formerly SeQuent Scientific, is India’s leading integrated animal health company and currently ranks among the top-25 in the sector globally. Headquartered in Thane (Maharashtra), the company is focused on delivering high-quality veterinary solutions through...

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Moneylife Digital Team 10 June 2026
Syrma SGS Technology (Syrma) is a leading electronic manufacturing services (EMS) company which started its first manufacturing unit in 1976 to produce floppy disk drives for IBM. This was the first hard disk drive manufacturing unit in South Asia. It is now an engineering and design company...

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