LATEST


Moneylife Digital Team 14 October 2024
On Monday, 2069 stocks advanced, 1972 declined and 154 remained unchanged, with an advance decline ratio of 1.05 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets. The trend of the major indices on Monday’s trading is given in the table below.   

Read More



Moneylife Digital Team 14 October 2024
In a landmark decision, the central consumer protection authority (CCPA) has directed Ola, a leading online ride-hailing platform, to implement a mechanism allowing consumers to choose their preferred method of refund—either directly to their bank account or via coupon—during the grievance...

Read More



Moneylife Digital Team 14 October 2024
The global plastics market is expected to grow significantly in the coming years due to factors like industrialisation, urbanisation and technological advancements. Demand is increasing in industries such as packaging, automotive, construction, electronics and healthcare, which are key drivers...

Read More



Moneylife Digital Team 14 October 2024
Market regulator Securities and Exchange Board of India (SEBI) has ordered a detailed and time-bound examination of the disclosures made by Trafiksol ITS Technologies Ltd (Trafiksol) in its draft red herring prospectus (DRHP) filed with the Bombay Stock Exchange (BSE) on 30 May 2024, including...

Read More



Moneylife Digital Team 14 October 2024
Market Regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs24 lakh on Royal Orchid Hotels Ltd (ROHL), its promoters Chander Kamal Baljee and Keshav Baljee and director Amit Jaiswal for presenting misleading financial statements that compromised the integrity of...

Read More



Moneylife Digital Team 14 October 2024
Market Regulator Securities and Exchange Board of India (SEBI) has barred Cressanda Railway Solutions Ltd and several of its directors and key management personnel (KMPs) from accessing the market due to allegations of financial manipulation, including engaging in bogus sales and reporting...

Read More



Moneylife Digital Team 14 October 2024
Setting aside an order passed by the state commission, the national consumer disputes redressal commission (NCDRC) directed Bajaj Allianz General Insurance Company Ltd to pay Rs7.60 lakh with 9% interest and Rs25,000 as compensation to a senior citizen for treatment during his visit to the...

Read More



Moneylife Digital Team 14 October 2024
Ahead of the state assembly election, the Maharashtra government has announced a complete toll waiver for light motor vehicles (LMVs) at all five toll booths on Mumbai entry points. It will be implemented from midnight tonight. According to a release from the state government, a committee...

Read More



Divyanshu Kumar (IndiaSpend) 14 October 2024
Kanti was 14 when cyclone Amphan damaged her house in the Sunderbans, the world’s largest mangrove forest, in West Bengal. Hungry, she was roaming outside her home, expecting food from a nonprofit, when a man with a bag on his back approached her and offered her food and clothes. “I went along....

Read More



Moneylife Digital Team 13 October 2024
Gokarakonda Naga (GN) Saibaba, the wheelchair-bound former professor from Delhi University, passed away on Saturday evening at Nizam's Institute of Medical Sciences (NIMS) in Hyderabad. According to reports, Prof Saibaba died following post-operation complications after undergoing surgery for...

Read More



Moneylife Digital Team 13 October 2024
Baba Siddique, a former minister and ex-member of the legislative assembly (MLA), died in hospital after being shot by three men in Mumbai's Bandra East area on Saturday night. Immediately after the firing, Mumbai police arrested two and are searching for the third person. Mr Siddique, a former...

Read More



Subhash Chandra Agrawal 12 October 2024
The RTI Act, implemented on 12 October 2005, did wonders in the initial years of its implementation not only by exposing scams and scandals, but also resulted in systematic reforms. However, RTI rules (and not the RTI Act) need important modifications mainly to prevent misuse of the Act and...

Read More



Some 80,000 customer complaints a month about faulty scooters, and a customer frustrated enough to torch a showroom last month, is the kind of stuff that would put a company in fire-fighting mode, while its stock price plummeted. But we live in strange times where companies, even in such deep...

Read More



Many people seem convinced that the India is on track to our becoming a developed nation. The untrammelled bullish case is that we have shed the vulnerabilities that were obvious until 2014 when the Indian economic renaissance burst forth. In this view, a steady gross domestic product (GDP)...

Read More



Moneylife Digital Team 11 October 2024
Ratan Naval Tata, chairman emeritus of Tata Sons, the holding company of Tata group and chairman of Tata Trusts, passed away in Mumbai's Breach Candy Hospital late on Wednesday evening due to health-related issues. He was 86. Tata Sons chairman N Chandrasekaran, in a statement says, “It is with...

Read More



Moneylife Digital Team 11 October 2024
Noel Tata, the half-brother of the late Ratan Tata, will be the next chairman of Tata Trusts. The 67-year-old Noel was chosen by trustees of various Tata Trusts that control the Tata group at a joint meeting in Mumbai.   In a statement, Tata Trusts say, "The trustees of various trusts that...

Read More



Moneylife Digital Team 11 October 2024
Ratan Naval Tata, a shy man who was so bored in his initial years with the Tatas that he almost went back to the US, was ignored and sidelined by the chieftains of the different Tata companies and had little opportunity to implement his vision and strategy until he was in his 50s.    From...

Read More



Dr TV Gopalakrishnan 11 October 2024
Low inflation is the key to ensuring fast, equitable economic development and welfare for all.   Control high inflation, bring down the cost of living and cost of production, reduce inequality and realise the dream of the nation to be the most advanced economy by 2047. High inflation kills...

Read More



Moneylife Digital Team 11 October 2024
Atal Setu, also known as the Mumbai Trans Harbour Link (MTHL), has become a key route for heavy vehicles. However, due to a heavy toll of Rs250 for a single journey and Rs375 for a return journey, the 21.8km longest sea bridge sees a substantially lower number of vehicles than what was...

Read More



Chandramouli Mohan 11 October 2024
When was the last time you were hit with a late fee and thought, “Well, this seems fair”? Suppose you missed a loan payment or delayed submitting financial documents to your bank. In that case, you probably know the pain of penal interest—a little extra interest banks used to slap on for your...

Read More

Free Helpline
Legal Credit
Feedback