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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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IANS 14 September 2021
The Reserve Bank of India (RBI) has cautioned the public against falling prey to frauds in the name of KYC (know your customer) update and sharing key details such as debit and credit card details and OTPs.   In a statement on Monday, the RBI said that it has been receiving complaints...

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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
We had mentioned in previous week’s closing report that Nifty, Sensex may take cue from global markets. On Monday, the indices opened lower and ended with minor loss. On the NSE, there were 1,007 advances, 962 declines and 89 unchanged.   The trend of the major indices on Monday’s...

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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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IANS 13 September 2021
Capital market regulator SEBI has notified certification requirements for the distributor and employees of portfolio management services.   As per the regulator, "the associated persons, engaged by a portfolio manager as a distributor of the portfolio management services, shall obtain...

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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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Moneylife Digital Team 11 September 2021
INDIAN MARKET TRENDS From 3rd September to 9 September 2021, ML Small-cap Index and ML Mid-cap Index rose 2% each. ML Large-cap Index and ML Micro-cap Index rose 1% each. ML Mega-cap Index, the Sensex and the NIFTY ended flat.                                         

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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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IANS 11 September 2021
The share of corporate insolvency resolution processes (CIRP) initiated by corporate debtors themselves have declined over the years since the inception of the Insolvency and Bankruptcy Code (IBC).   Data from the Insolvency and Bankruptcy Board of India (IBBI) showed that as of March...

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