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Patricia Callahan (ProPublica) 25 April 2025
Glenmark Pharmaceuticals has recalled two dozen generic medicines sold to American patients because the Indian factory that made them failed to comply with U.S. manufacturing standards and the Food and Drug Administration determined that the faulty drugs could harm people, federal records...

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In the ever-evolving landscape of cybercrime, edge devices such as firewalls, routers, and virtual private networks (VPNs), once considered the frontline defenders of networks, are increasingly becoming points of vulnerability. Cybercriminals are now exploiting misconfigurations, unpatched...

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When US president Donald Trump detonated a trade bomb on 2nd April, with levies set to bite from 9th April, global markets shuddered. Stocks tumbled for four days as investors braced for chaos. Yet, days later, president Trump paused the tariffs for 90 days on all—excluding China—and exempted...

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Moneylife Digital Team 02 May 2025
Following the exit of two topmost executives, the Reserve Bank of India (RBI) has approved setting up a two-member committee of executives to discharge the duties, roles and responsibilities of the chief executive officer (CEO) of IndusInd Bank. In the past two days, Sumant Kathpalia, managing...

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On 29 April  2025, the Supreme Court of India (SC), issued a landmark order directing the central bureau of investigation (CBI) to register seven preliminary enquiries and set up a special investigation team (SIT) to probe, what it termed as, an ‘unholy nexus’ between lenders and real estate...

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Chandramouli Mohan 12 May 2025
The Hidden Cost of Falling Short Imagine this: You’re juggling bills, groceries and school fees and one month you dip below your bank’s minimum balance requirement. Next thing you know, your bank slaps you with a penalty. Annoying, right? But wait—there’s more! On top of this penalty, you’re...

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Moneylife Digital Team 25 April 2025
The Kolkata zonal office of the directorate of enforcement (ED) has provisionally attached 1,023 acres of land worth about Rs1,538 crore from across 16 cities in a sweeping move against the Sahara group, marking a significant escalation in the probe into alleged financial fraud and money...

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SN Thyagarajan (Bar  and   Bench) 08 May 2025
UPDATED at 3.55pm on 8 May 2025 to include response from RIL Reliance Industries Ltd (RIL) was the first to file a trademark application for “Operation Sindoor” — just hours after the Indian military operation of the same name was announced. Within the next 24 hours, three more applicants...

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Moneylife Digital Team 09 May 2025
Varun Beverages Ltd (VBL) reported stronger-than-expected results for the quarter ended March 2025—the first quarter of calendar year (CY)2025 (Q1CY25)/fourth quarter of financial year (FY) (Q4FY24-25), as robust volume growth and operational efficiency helped offset margin pressures in South...

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Moneylife Digital Team 02 May 2025
JSW Steel Ltd's shares fell as much as 7% on BSE to Rs961.60 following rejection by the Supreme Court of the company's resolution plan for Bhushan Power & Steel Ltd. While rejecting JSW Steel's Rs19,700 crore resolution plan, the apex court ordered liquidation of Bhushan Power & Steel.   In...

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Moneylife Digital Team 17 April 2025
Updated at 4.15pm on 21 April 2025 to include response from Vivek Tiwari, co-founder and CEO of Medikabazaar   Medikabazaar, the business-to-business (B2B) medical supply platform, once hailed as a future unicorn in India’s healthtech space, has hurtled from crisis to crisis since a...

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SN Thyagarajan (Bar  and   Bench) 21 April 2025
Shivinder Mohan Singh, former promoter of Fortis Healthcare and Religare Enterprises, has filed for personal insolvency before the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC).    The plea came up for hearing briefly before NCLT Delhi on Monday which...

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Moneylife Digital Team 23 April 2025
On Wednesday, 2084 stocks advanced, 1871 declined and 151 remained unchanged on Bombay Stock Exchange with advance decline ratio of 1.11 indicating a positive closing in the broader market, as foreign portfolio investors continues to remain positive. The trend of the major indices on...

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Moneylife Digital Team 13 May 2025
The Union government’s sudden dismissal of RP Gupta, chairman and managing director (CMD) of Solar Energy Corporation of India (SECI), has sent shockwaves through the country’s renewable energy sector, with media reports linking the move to serious procedural lapses involving Anil Ambani-owned...

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Moneylife Digital Team 06 May 2025
The Gurugram zonal office of the directorate of enforcement (ED) has provisionally attached immovable properties worth Rs2,348 crore in connection with a large-scale real estate fraud involving WTC Faridabad Infrastructure Pvt Ltd and associated entities of the WTC group, headed by Ashish...

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Manisha, a friend, wanted to buy an extravagant outfit for a family wedding. She found some very good outfits on a reputable e-shop. However, most were a little out of her budget. So she decided to go bargain hunting and, using the photo of the dress, she searched other online shops to check if...

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Misfeasance is performing a lawful act improperly. Malfeasance is performing an illegal act. Nonfeasance is failing to act when needed.   How a real-life situation is categorised under these may be a matter of nuance, including the subjectivity that exists in placing an act in a specific...

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Moneylife Digital Team 29 April 2025
The central consumer protection authority (CCPA) has initiated suo moto action against five Delhi-based restaurants for failing to refund mandatory service charges despite a clear ruling from the Delhi High Court. The establishments under scrutiny are: Makhna Deli, Xero Courtyard, Castle...

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Moneylife Digital Team 28 April 2025
A nationwide power outage has left millions without electricity in Spain and Portugal. The outage has caused widespread disruptions, including the shutdown of traffic lights and chaos at airports, train stations and on the roads. According to media reports, the Spanish power distributor says...

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Just like the toll plaza that we pay irrespective of the bad condition of roads and other services on expressways, property tax has to be promptly paid by citizens irrespective of pathetic civic amenities, Pune being a sterling example.   Questioning the reason why she must pay property tax...

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