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Moneylife Digital Team 07 January 2025
While 2024 witnessed a growth of over 9% for automobiles, sales in December tumbled by over 45% due to low cash-flow and poor market sentiment, with many customers postponing purchases and preferring 2025 models, according to data from the Federation of Automobile Dealers' Association...

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Moneylife Digital Team 07 January 2025
ICICI Securities Ltd paid Rs40.2 lakh to settle a case of violation of stockbroker rules with market regulator Securities and Exchange Board of India (SEBI). SEBI issued the order after ICICI Securities proposed to settle the matter without admitting or denying the facts and conclusions of law,...

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Moneylife Digital Team 07 January 2025
On Tuesday, 2624 stocks advanced, 1355 declined and 107 remained unchanged, with an advance decline ratio of 1.93x on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets. The trend of the major indices on Tuesday’s trading is given in the table below.  

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Debayan Roy (Bar  and   Bench) 07 January 2025
The Supreme Court on Tuesday ordered the Central government's Department of Personnel and Training (DoPT) to give a timeline within which pending vacancies in the Central Information Commission (CIC) and various State Information Commissions (SIC) would be filled (Anjali Bhardwaj & Ors. v....

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Bar  and   Bench 07 January 2025
The Joint Registrar of the National Company Law Tribunal (NCLT) recently issued an order withdrawing work from Umesh Kumar Shukla, a Technical Member of the NCLT's Chandigarh Bench, after complaints from stakeholders.   The order dated January 4 order says that work assigned to Shukla, namely...

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Moneylife Digital Team 07 January 2025
Quadrant Future Tek Ltd (Quadrant) is engaged in developing new-generation train control and signalling systems under the KAVACH project of the Indian Railways (IR) that aims to provide safety and reliability to rail passengers. Additionally, it possesses a speciality cable manufacturing...

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Moneylife Digital Team 07 January 2025
Union health secretary Punya Salila Srivastava has emphasised that there is no cause for concern for the public from the human metapneumovirus – HMPV.    During a virtual meeting with states and Union Territories (UTs), the health secretary reviewed the present situation of respiratory...

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Moneylife Digital Team 06 January 2025
Expressing concern over the insufficient provisions of Digital Personal Data Protection Rules, 2025 (DPDP Rules) with several points of contention, the Internet Freedom Foundation (IFF) says the DPDP Rules are 'too little, too vague and too late'. Last week, the Union ministry of electronics...

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Adv (Dr) Prashant Mali 06 January 2025
The recently proposed Rule 10 of the Digital Personal Data Protection (DPDP) Rules, 2025, while aiming to safeguard children's privacy, raises significant concerns about the potential unintended consequences for marginalised communities. This rule mandates that verifiable parental consent be...

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Moneylife Digital Team 06 January 2025
Funds of client-investors who have not done any transaction in the past 30 days will be settled in the upcoming dates of the monthly running account settlement cycle as notified by exchanges in the annual calendar issued by them from time to time, says market regulator Securities and Exchange...

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Ravichandran Swaminathan 06 January 2025
The thrill of a new SIM card quickly turned into a chilling experience for Praveen Kumar. Like any tech-savvy individual, Mr Kumar was thrilled to add a secondary mobile connection to his repertoire. Little did he know this decision would unravel a startling flaw in a widely-used...

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Shashwat Singh (Bar  and   Bench) 06 January 2025
The Supreme Court on Thursday ruled that landowners are entitled to the current market value of acquired land when compensation payable by the government for acquisition of land is delayed (Bernanard Farncis Joseph Vaz and Others v. Government of Karnataka and Others).   The Court passed the...

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Debayan Roy (Bar  and   Bench) 06 January 2025
The Supreme Court recently set aside a ruling of the Madhya Pradesh High Court for taking a strict view of a beneficial legislation like the Maintenance and Welfare of Parents and Senior Citizens Act, 2007 (Urmila Dixit vs Sunil Sharan Dixit & Ors).   Section 23 of the Act states that if a...

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Moneylife Digital Team 06 January 2025
Last week, the Bombay High Court issued a notice to the central bureau of investigation (CBI) regarding a plea to transfer the investigation of a high-profile mutual fund scam. The case involves Viresh Joshi, former chief trader and fund manager at Axis Mutual Fund, and others accused of...

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Moneylife Digital Team 06 January 2025
Standard Glass Lining Technology Ltd (Standard) is one of the top-5 specialised engineering equipment manufacturers for the pharmaceuticals and chemicals sectors in India, in terms of revenue. It has in-house capabilities spanning the value chain, including designing, engineering,...

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Moneylife Digital Team 06 January 2025
Indian equity markets experienced sharp decline on Monday, partly influenced by emerging health concerns, FII Selling, US tariff speculations.    The Indian Council of Medical Research (ICMR) has reported cases of Human Metapneumovirus (HMPV) in Karnataka (2 cases) and Gujarat (1 case). HMPV...

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Moneylife Digital Team 06 January 2025
Four companies from the Kirloskars have filed an appeal before the securities appellate tribunal (SAT) challenging a letter issued by the market regulator Securities and Exchange Board of India (SEBI). In a letter, the market regulator has asked these companies to disclose the family settlement...

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Sponsored Post 06 January 2025
In a world of people striving to make their future bright, staying ahead and making the best investment decisions requires practical tools that help give an exact idea about the ROI. One such tool is the SIP calculator. SIP is a crucial tool an investor can use to plan and manage their mutual...

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Moneylife Digital Team 04 January 2025
The Draft Digital Personal Data Protection (DPDP) Rules, 2025, introduced by the ministry of electronics and information technology (MeitY), marks a crucial step in shaping India’s data governance framework. These Rules operationalise the Digital Personal Data Protection Act, 2023, and aim to...

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In early November, I wrote a piece suggesting that the Indian economy is functioning as expected: muddling along. It rarely falls into a full-blown recession, but it also struggles to achieve sustained acceleration. This observation was immediately illustrated when India’s gross domestic...

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