POPULAR


Yogesh Sapkale Yogesh Sapkale 01 April 2021
As a consumer, you can book more than 12 refills of liquefied petroleum gas (LPG) and there is no waiting period of 14 days between two bookings, a reply received under Right to Information (RTI) shows. This clarification will give a relief for lakhs of domestic LPG customers, who are...

Read More



Sucheta Dalal Sucheta Dalal 27 January 2021
It is over a decade now that, we, Indians have been putting up with the harassment, humiliation and mental agony of banks arrogantly freezing savings and current accounts for technical reasons, the most common one being non-compliance with frequent updation of know-your-customer (KYC)...

Read More



Moneylife Digital Team 07 May 2021
A screenshot of a LinkedIn post by ISB (Indian School of Business) gold medallist Sarthak Ahuja has recently gone viral on WhatsApp and other social media with a claim that if someone with active employment passes away due to COVID-19, his or her legal heirs are eligible to receive money...

Read More



Sucheta Dalal Sucheta Dalal 23 June 2021
On 31 August 2012, the Supreme Court of India (SC) handed down a historic verdict asking two Sahara companies to refund over Rs20,000 crore to investors that was illegally raised through quasi-debentures without regulatory clearance. High drama continued even after the verdict with the Court...

Read More



Yogesh Sapkale Yogesh Sapkale 08 March 2021
While the Union government enforced FASTag on vehicle users on national highways, as happens with 'everything government', the number of complaints, especially about wrong deduction from the user's account, are steadily increasing. No doubt, technologies like FASTag will help reduce...

Read More



Maya M 02 October 2021
Over the past two days, confused and angry DHFL investors were flooding social media with complaints of not receiving payments as per their claims. Many complained of having received a raw deal by receiving a far lower amount (compared to what they were anticipating).   Catalyst...

Read More



Moneylife Digital Team 04 June 2022
Vardhaman Global Sharecom Pvt Ltd has written a letter to market regulator Securities and Exchange Board of India (SEBI), the National Stock Exchange (NSE) and NSE Clearing Ltd to ‘look into’ a punching error (called fat finger trade in trade lingo), which could have caused a loss of Rs200...

Read More



A message is being circulated widely on WhatsApp and other social media with a claim that the benefits under two of the prime minister's (PM's) schemes—the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY)—can be claimed for COVID-related...

Read More



Shrirang Samant 23 February 2021
Ever since the finance minister (FM) announced in her budget speech that the government will privatise a couple of banks and a general insurance company in the coming financial year, speculation has been rife about the possible candidates for disinvestment. There has been another major...

Read More



Sucheta Dalal Sucheta Dalal 16 February 2022
India has become a laughing stock, as the global media laps up reports of how a ‘Himalayan Yogi’ was the puppet master dictating the actions of Chitra Ramkrishna, celebrated managing director (MD) and chief executive officer (CEO) of the National Stock Exchange (NSE) who resigned abruptly in...

Read More



Moneylife Digital Team 21 March 2022
While the committee of creditors (CoC) of Sintex Industries Ltd (Sintex) has approved the joint bid of Reliance Industries Ltd (RIL) and Assets Care & Reconstruction Enterprise (ACRE) to acquire the debt-ridden textiles company under the insolvency resolution process (IRP), dozens of...

Read More



Moneylife Digital Team 13 January 2021
Market regulator Securities and Exchange Board of India (SEBI) on Wednesday passed an interim ex-parte order banning Hemant Ghai of CNBC Awaaz and two of his family members from recommending stocks. The order comes in the matter of CNBC Awaaz “Stock 20-20” show co-hosted by Hemant Ghai....

Read More



Moneylife Digital Team 03 September 2021
The Central Board of Direct Taxes (CBDT) has notified a new rule that mandates senior citizens above 75 years to submit form 12BBA for claiming the benefit of not filing an income tax return (ITR) under section 194P.   The board has notified a new rule 26D, under which senior citizens...

Read More



On Monday, the Securities Appellate Tribunal (SAT) caused quite a buzz by allowing the National Stock Exchange’s (NSE) demand to release Rs6,085 crore of revenue earned from its algo trading and co-location (Colo) services.                   Asking the Exchange to block this sum in an...

Read More



Sucheta Dalal Sucheta Dalal 04 February 2021
The Reserve Bank of India (RBI), hiding behind its role as India’s monetary authority, has escaped all external scrutiny and accountability regarding its second role—as regulator of banking and finance companies—which is marked by repeated failures. Until a few years ago, these failures were...

Read More



Moneylife Digital Team 16 July 2021
Fresh broker defaults continue and the industry is now seeing a record 28 defaults or expulsions since November 2019, just a little before the pandemic. In our article in December 2020, we reported that this was the highest number of broker defaults in the past 20 years. Until then, there...

Read More



Moneylife Digital Team 28 August 2021
Global companies looking to de-risk supply chains from China have changed the fortunes for many chemicals companies in India. One of the beneficiaries of this trend has been Deepak Nitrite Ltd (DNL), incorporated in 1970 by Chimanlal K Mehta. It started as a sodium nitrite and sodium nitrate...

Read More



Moneylife Digital Team / IANS 29 December 2021
The Union government has notified the Consumer Protection Rules, 2021, and asked the direct selling companies to comply with these rules within 90 days.   According to the ministry of consumer affairs, food and public distribution, the new rules will be applicable to all goods and...

Read More



Moneylife Digital Team 13 January 2021
Laxmi Organic Industries (Laxmi) is a specialty chemicals manufacturer with a focus on manufacturing acetyl and other specialty intermediates. Its Rs800 crore IPO (initial public offer) will contain a fresh issue of shares worth Rs500 crore and sale of shares worth Rs300 crore by the...

Read More



Sucheta Dalal Sucheta Dalal 30 June 2021
On 25th June, Moneycontrol reported that the government may review the bankruptcy code as public sector banks (PSBs) have begun to accept haircuts as high as 94% to let off the biggest corporate defaulters. Well, it is long overdue. These ridiculous haircuts, or loan waivers, are over and...

Read More

Free Helpline
Legal Credit
Feedback