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Moneylife Digital Team 13 March 2025
Amber Enterprise India (Amber) is into manufacturing and assembly of room air-conditioners (RAC) and key RAC components. Currently, it has 23 manufacturing plants across eight states and serves all the major RAC brands in India, such as Voltas, Blue Star, LG and Daikin, among others. Amber has...

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Moneylife Digital Team 13 March 2025
In February 2025, HDFC Bank and Axis Bank were the most preferred stocks of Indian mutual funds. The net purchases of HDFC Bank were Rs4,331 crore. Infosys and Sun Pharmaceutical  were the most sold stocks. The net sales of Infosys were Rs2,158 crore and net sales of Sun Pharmaceutical were...

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Moneylife Digital Team 13 March 2025
India's retail inflation has dropped below the Reserve Bank of India's (RBI) 4% target, hitting a seven-month low of 3.6% in February, down from 4.3% in January. This decline was primarily driven by a significant drop in food inflation, which fell to 3.7%—its lowest level since May 2023....

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In today's digital age, the convenience of online shopping has revolutionised the way we purchase goods and services. However, this convenience has also opened the door to a surge in fraudulent activities, particularly fake or bogus e-shop scams proliferating on social media platforms like...

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Moneylife Digital Team 13 March 2025
The Kochi office of the directorate of enforcement (ED) has provisionally attached assets worth Rs16.52 crore belonging to the directors of Surabhi Steels Pvt Ltd and its group companies. The attached assets, comprising 17 immovable properties, including land and buildings located at prime...

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Shirish Shanbhag 13 March 2025
Managing a cooperative housing society (CHS/the Society) comes with its fair share of challenges, from election disputes and redevelopment issues to conflicts over daily amenities. This week, I will address concerns about election procedures—who gets to elect office bearers and whether physical...

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If you are a regular traveller and you need to charge your phone at public places, this is the app for you!   Just install this app and run it when you place your phone for charging at a public charging station. Now, if anyone unplugs your device, the app will sound a loud alarm, deterring...

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Moneylife Digital Team 13 March 2025
The Union ministry of law and justice in February forwarded a summons from the US Securities and Exchange Commission (SEC) to a sessions court in Ahmedabad for it to be served on industrialist Gautam Adani at his address in the city, the Union government confirmed to The Hindu.   "Under...

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Moneylife Digital Team 12 March 2025
Coming down heavily on the State Bank of India (SBI) for challenging an innocuous order passed by a chief metropolitan magistrate (CMM) in a loan recovery case, the Delhi High Court (HC) called the matter a 'luxury litigation' by SBI, which in no way causes any irreparable loss of reputation or...

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Sahyaja MS (Bar  and   Bench) 12 March 2025
The Central Bureau of Investigation (CBI) recently conducted a search at the home of a retired National Company Law Tribunal (NCLT) member in connection with a case where a law firm solicited bribes from a party to obtain a favourable order, Times of India reported.   Bar & Bench has accessed...

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A right to information (RTI) applicant seeking information on those investigation reports by the serious fraud investigation office (SFIO), which have been completed by investigative officers, has got some respite from the central information commissioner (CIC). The CIC directed the SFIO, which...

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Ummar Jamal (Bar  and   Bench) 12 March 2025
The District Consumer Disputes Redressal Commission at Nainital in Uttarakhand recently ordered Levi Strauss India Pvt. Ltd. to pay Rs32,799 as compensation to a woman who was sold a defective pair of jeans that led to color bleeding, damage to her bag and skin irritation (Ms. Srishti Yadav vs....

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Moneylife Digital Team 12 March 2025
On Wednesday, 1494 stocks advanced, 2491 declined and 137 remained unchanged, with an advance decline ratio of 0.59 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets. The trend of the major indices on Wednesday’s trading is given in the table...

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Moneylife Digital Team 12 March 2025
The US department of education announced on Tuesday that it will lay off nearly half of its staff, signalling the department's potential closure.    This move comes as federal agencies work to meet US president Donald Trump's Thursday deadline for significant workforce...

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Moneylife Digital Team 12 March 2025
Securities and Exchange Board of India (SEBI) has introduced a new framework that reduces the timeline for completing a rights issue to 23 working days from the board approval date. This marks a significant reduction from the current average of 317 days which has often been a barrier for...

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Moneylife Digital Team 12 March 2025
HDFC Securities Ltd (HDFC Sec) paid Rs65 lakh to market regulator Securities and Exchange Board of India (SEBI) for settling multiple regulatory violations related to the broker's information technology (IT) systems, disaster recovery mechanism and cybersecurity.   SEBI issued a show-cause...

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Moneylife Digital Team 12 March 2025
Soon after Bharti Airtel Ltd (Airtel) announced a strategic partnership, Reliance group company Jio Platforms Ltd (JPL) also says it signed an agreement with Elon Musk's SpaceX to bring Starlink's high-speed internet services to Jio customers in India.    The agreement, which remains subject...

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Moneylife Digital Team 11 March 2025
For the fifth straight day, shares of IndusInd Bank Ltd tanked 27% on Tuesday after the private sector lender reported some discrepancies in its derivatives portfolio. During the morning trade, IndusInd Bank slumped 22.8% to hit the lower circuit at Rs695.25, a 52-week low of the scrip on BSE....

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Moneylife Digital Team 11 March 2025
On Tuesday, 1,466 stocks advanced, 2,506 declined and 120 remained unchanged on the Bombay Stock Exchange (BSE) with advance decline ratio of 0.58 indicating a negative closing in the broader market. The trend of the major indices on Tuesday’s trading is given in the table below.       On...

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Moneylife Digital Team 11 March 2025
Bharti Airtel Ltd (Airtel) has announced a strategic partnership with Elon Musk's SpaceX to bring Starlink's high-speed internet services to its customers in India. This marks the first agreement of its kind to be signed in the country, though it remains subject to SpaceX securing necessary...

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