POPULAR


Moneylife Digital Team 17 June 2022
The justice (retd) RM Lodha committee, which is supervising the Supreme Court (SC)-ordered process of selling PACL's assets, has allowed investors to update their mobile numbers on the separate portal, https://www.sebipaclrefund.co.in set up by Securities and Exchange Board of India...

Read More



Maya M 30 July 2022
For the past four weeks, fin-techs, broker, distributors and thousands of investors using the BSE StAR mutual fund (MF) platform are a harried lot since they have been facing agonising delays in their MF transaction processing, redemptions and refunds. Some have pending refunds of extremely...

Read More



Moneylife Digital Team 08 April 2023
Employees' provident fund organisation (EPFO), which manages over 277.4mn (million) accounts of employees from across the country, has not yet credited the interest for FY21-22 and FY22-23. Usually, the interest on the balance amount in the EPFO account is credited on 31st March every year....

Read More



A few weeks ago, the movie Kashmir Files was released to an unprecedented blaze of publicity. State governments controlled by the Bharatiya Janata Party (BJP) competed to give it tax-free status; the prime minister (PM) and top political leaders spoke about it and special shows were organised...

Read More



Many sites capture our email id and other personal data for various reasons, some legitimately and others illegitimately. Saymine.com helps you take ownership of your personal data. You can use Mine’s smart data assistant to discover and manage your digital footprint. Use it frequently to...

Read More



Witeboard is the fastest way to collaborate real-time with your team or with your clients anywhere. You can draw and brainstorm with your team online. The minimalist interface allows you to start instantly. No need to register or login. Just head to witeboard.com and start drawing online on...

Read More



Moneylife Digital Team 27 August 2022
After eight long months, the Reserve Bank of India (RBI) has finally shared its inspection report of City Union Bank Ltd under the Right to Information (RTI) Act with activist Subhash Chandra Agrawal. The report reveals poor management control and sanctioning of high-risk loans from senior...

Read More



Moneylife Digital Team 10 April 2023
Holding Kolkata-based Woodlands Medical Centre Ltd and two doctors responsible for deficiency in service, unfair trade practice and medical negligence, the national consumer disputes redressal commission (NCDRC) asked them to pay Rs60 lakh within six weeks to the family of the deceased...

Read More



While public sector banks (PSBs) continue to refuse to share names of big defaulters citing 'confidentiality of customer data', information shared by the Reserve Bank of India (RBI), reveals that just 312 big defaulters owe more than 76% or Rs1,41,583.50 crore of the total bad...

Read More



“A higher valuation could have been achieved but we decided to price it at a level where everyone makes money,” said Madhur Deora, group chief financial officer at Paytm, after the public issue. The stock was issued at Rs2,150, got listed at Rs1,950, hit a high of Rs1,955 and then went into a...

Read More



Moneylife Digital Team 25 February 2022
In a day of fast-moving developments, the Central Bureau of Investigation (CBI) first arrested Anand Subramanian, former group operating officer of National Stock Exchange (NSE) and is now understood to have confirmed that he was, indeed, masquerading as the mysterious Himalayan yogi who was...

Read More



On 29th March, the press information bureau (PIB) issued an unusual press release about a Supreme Court (SC) order in a public interest litigation (PIL) seeking refund of money deposited with four cooperative societies set up by the notorious Sahara Pariwar. The release declared that the SC...

Read More



On 23rd December, when ICICI Bank’s former chief executive officer (CEO) Chanda Kochhar and her husband Deepak were busy sending out invitations to their son’s nuptials, the central bureau of investigation (CBI) decided to arrest the couple on an issue that has been in the public domain since...

Read More



Moneylife Digital Team 03 December 2021
In what would be, perhaps, biggest deal in Indian chemicals sector, the US-based TFCC International has bought a 46% stake in Chennai-based Ramcharan Company Pvt Ltd. The deal values the Chennai-based chemicals distributor at around US$9 billion. Ramcharan Company is headed by...

Read More



Krishnan PR 08 April 2023
On 4 November 2022, the Supreme Court (SC) had held that those willing to opt for a higher pension should be allowed to do so. Hence, those who have retired have to first contribute to the corpus with the difference between the capped amount and the actual amount at 8.33% with interest over...

Read More



IANS 10 August 2022
Tamil Nadu police are on a lookout for promoters of an investment firm after a mega fraud of Rs6,000 crore was detected in the state.   A Vellore-based LNS International Financial Services (IFS) has swindled a mammoth Rs6,000 crore from several investors across the state, including...

Read More



Moneylife Digital Team 07 May 2022
Update: 6 May 2022 15.50 hrs to include a response from Axis MF   Axis Mutual Fund (MF) has removed its head trader Viresh Joshi as fund manager from five schemes. Similarly, Deepak Agarwal, the assistant fund manager for equity at Axis MF, is no longer part of schemes like Axis...

Read More



Moneylife Digital Team 27 July 2022
The District Consumer Disputes Redressal Commission of North 24 Paraganas, has directed Sahara group unit Sahara Credit Cooperative Society Ltd to refund, along with interest, money invested by an investor in the company's scheme. The District Commission also stated that since the Securities...

Read More



Moneylife Digital Team 23 December 2022
During the past five financial years, scheduled commercial banks (SCBs) wrote off bad debts worth Rs10.09 lakh crore. As per data provided by the Reserve Bank of India (RBI), public sector banks (PSBs) have recovered Rs4.80 lakh crore, including recovery of Rs1.03 lakh crore from written-off...

Read More



Moneylife Digital Team 23 April 2022
Concunsmart Shares and Stock Brokers Pvt Ltd (Concunsmart) has become the 31st broker, since May 2019, to be expelled by the National Stock Exchange (NSE) for non-adherence to regulatory provisions. According to NSE, the Mumbai-based broker's trading rights have been withdrawn in equity,...

Read More

Free Helpline
Legal Credit
Feedback