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State-run Bank of Baroda (BoB) has written off loans worth ₹35,715 crore belonging to borrowers with outstanding loans of ₹100 crore and above over the six financial years from FY20-21 to FY25-26, while cumulative recovery of less than 28% from these accounts is at ₹9,946 crore. However, BoB,...

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The impending exit of N Chandrasekaran (Chandra) as chairman of Tata Sons, takes us back, once again, to 1991, the year when Ratan Tata took charge of the Tata group and irrevocably transformed it from the days of his illustrious predecessor JRD Tata. While the media and industrialists are...

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A right to information (RTI) reply from Central Bank of India has laid bare a sharp and troubling divide in how the public sector banks (PSBs) treat their small borrowers versus their biggest loan defaulters — even as the lender continues to refuse to name a single one of the large defaulters...

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Sashidhar Jagdishan ended up doing two things his high-profile predecessor, Aditya Puri, successfully avoided for 26 years: a merger with Housing Development Finance Corporation Ltd (HDFC Ltd), the illustrious parent, and running a promoter-less bank. Taking on the merger meant giving up the...

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A fresh right to information (RTI) reply from State Bank of India (SBI) has exposed the enormous scale of the losses the country's largest lender has absorbed while settling bad loans through the national company law tribunal (NCLT) — even as the Bank continues to stonewall demands to name the...

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There have been many sermons served in print, mostly by the former grandees that occupied the privileged floor in Bombay House, that serving the national interest and philanthropy being the heart of the Tata business model, applying cold commercial calculations may fit poorly to evaluate the...

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Moneylife Digital Team 19 August 2026
MTAR Technologies Limited (MTAR), incorporated in 1999, operates in India's specialised precision manufacturing sector, with roots tracing back to a 1969 founding, focused on advancing indigenous technologies. The company specialises in manufacturing and engineering complex precision systems...

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Moneylife Digital Team 18 August 2026
The directorate of enforcement (ED) has seized cash, foreign currency, gold and silver and frozen assets worth more than ₹30 crore in a money laundering investigation into the alleged SAGA group Ponzi scam involving Loni Urban Multi-State Credit & Thrift Co-operative Society (LUCC) and other...

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Moneylife Digital Team 15 August 2026
Reliance Industries Ltd (RIL) and British aerospace major Rolls-Royce have announced their strategic intent to partner on the design, development, manufacturing and delivery of a sovereign indigenous combat engine for India’s advanced medium combat aircraft (AMCA) programme.   The proposed...

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Bar  and   Bench 05 September 2026
Former Delhi Mayor Farhad Suri has approached the Supreme Court alleging that a large team of Ghaziabad Police raided his Delhi residence at midnight while looking for journalist Abhishek Upadhyay, who reported about the Ram Mandir donation theft.   Suri has alleged that the police team, led...

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Moneylife Digital Team 19 August 2026
The Supreme Court has reiterated that tribunals constituted under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007 have the power to order the eviction of children or other occupants from a senior citizen's property when such a step is necessary to ensure the elderly...

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Moneylife Digital Team 14 August 2026
The Bar Council of India (BCI) on 13 August 2026 reversed its sweeping order to prevent the enrolment of all 2026 graduates of the Hyderabad-based NALSAR University of Law and asking the university to conduct an inquiry after the move triggered criticism from members of the legal fraternity and...

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Moneylife Digital Team 18 August 2026
On Tuesday, 1,890 stocks advanced, 2,426 declined and 231 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.78 indicating a negative closing. The trend of the major indices on Tuesday’s trading is given in the table below.      On NSE, 25 securities advanced and...

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Moneylife Digital Team 25 August 2026
Reserve Bank of India (RBI) has imposed a total penalty of ₹5.50 lakh on three cooperative banks from Karnataka for non-compliance with its regulatory directions. Shri Vijay Mahantesh Cooperative Bank Ltd from Hungund, has been fined ₹2.50 lakh, while Pragathi Cooperative Bank Ltd has been...

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KBS SIDHU 29 August 2026
Mumbai, 28 August 2026. Four short paragraphs, a corporate letterhead, and a closing line better suited to a condolence card than a rebuttal: an expression of high regard for Subhash Chandra as a businessman and entrepreneur, and a wish that he do well. That is how Reliance Industries chose to...

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SN Thyagarajan (Bar  and   Bench) 12 August 2026
A three-member judges inquiry committee has found all three charges against Allahabad High Court Justice Yashwant Varma proved, including possession of substantial unexplained cash at his official residence, interference with material evidence and furnishing evasive and misleading...

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Debayan Roy (Bar  and   Bench) 20 August 2026
The Supreme Court on Tuesday constituted a 5-member committee headed by retired apex court Justice R Subhash Reddy to probe allegations of police excesses against Cockroach Janta Party (CJP) protestors.   Besides Justice Reddy, the committee will have former Punjab and Haryana High Court...

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Siddesh MS (Bar  and   Bench) 27 August 2026
The Karnataka High Court on Tuesday pulled up the Bengaluru police for arresting a man two days before the date on which he was asked to appear before the cops in connection with a forgery case investigation.    The man was arrested on August 25. However, this was after the police issued a...

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Moneylife Digital Team 27 August 2026
As Nepal battles one of its worst natural disasters in recent years, 288 Indian nationals remain uncontactable following devastating flash floods, while 21 Indians have so far been rescued, the Union ministry of external affairs (MEA) said on Thursday.   The Indian government is coordinating...

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Moneylife Digital Team 26 August 2026
On Wednesday, 2,375 stocks advanced, 1,944 declined and 231 remained unchanged on Bombay Stock Exchange with advance decline ratio of 1.22 indicating a positive closing. The trend of the major indices on Wednesday’s trading is given in the table below.       On NSE, 135 securities advanced...

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