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Sandesh Sagvekar  and   Pratibha Kamath 07 March 2025
This is the final part of our annual Wealth Creator series where we discuss stocks and mutual fund (MF) schemes that have created the maximum wealth for investors in the past decade. This year, in the first seven parts of this series, we identified the top-500 stocks that delivered the highest...

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Ratna Singh (Bar  and   Bench) 19 February 2025
A consumer court in Bengaluru has ordered PVR Cinemas and INOX (now merged with PVR) to ensure that movie tickets mention the actual start time of movie shows, rather than mentioning the time when commercial advertisements are screened before the movie starts.   A coram of President M Shobha...

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Moneylife Digital Team 10 March 2025
Reserve Bank of India (RBI) has imposed a penalty of Rs76.60 lakh on four non-banking financial companies (NBFCs) for non-compliance with provisions of the NBFC Peer-to-peer (P2P) Lending Platform Directions, 2017. The highest penalty of Rs40 lakh was imposed on Fairassets Technologies India...

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Moneylife Digital Team 10 March 2025
Tax professionals have voiced growing concerns over the massive backlog of 549,042 income-tax (I-T) appeals that remain pending before the commissioner of income-tax (appeals) (CIT-A) and the national faceless appeal centre (NFAC), with some of these appeals languishing for over five years....

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Moneylife Digital Team 19 February 2025
India's trade deficit widened significantly in January 2025, as merchandise exports fell while imports surged, reflecting ongoing economic pressures and shifting global trade dynamics.   According to data released by CRISIL Ratings, India's merchandise exports declined by 2.4% year-on-year...

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Moneylife Digital Team 20 February 2025
The Mumbai zonal office of the directorate of enforcement (ED) has provisionally attached immovable properties worth Rs24.52 crore belonging to Ajit Kulkarni and others under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with the bank fraud case involving...

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Moneylife Digital Team 17 February 2025
As many as 20 non-banking finance companies (NBFCs) have surrendered their registration certificates to the Reserve Bank of India (RBI), while the regulator cancelled the registration of 17 NBFCs. This includes reasons such as exiting the business and ceasing to be legal entities due to...

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Moneylife Digital Team 28 February 2025
India's initial public offering (IPO) market has stalled as companies postpone their share sale plans amid falling stock prices, deteriorating investor sentiment, declining grey market premiums and underperforming recently listed stocks, especially high-profile ones such as Swiggy and...

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Moneylife Digital Team 07 March 2025
BCL Industries Ltd and its promoter and managing director (MD), Rajinder Mittal, have agreed to pay Rs42.90 lakh to settle adjudication proceedings initiated by the Securities and Exchange Board of India (SEBI) for alleged violations of various regulations under the SEBI Act, 1992. The...

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Moneylife Digital Team 18 February 2025
In a significant ruling, the Bombay High Court (HC) upheld the taxation of income derived from the sale of land that was not used for agricultural purposes. The judgement was delivered in the case of Prashant Jaipal Reddy vs income tax officer (ITO), reinforcing the principle that land must be...

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KBS Sidhu 07 March 2025
Amitabh Kant, former chief executive officer (CEO) of NITI Aayog and India’s G20 Sherpa, recently suggested that Indians should work 80-90 hours a week to propel the country toward a US$30 trillion economy. This remark follows closely on the heels of Infosys founder Narayana Murthy’s call for a...

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Moneylife Digital Team 28 February 2025
Technicolor group, the owner of Oscar-winning visual effects companies MPC and The Mill, and feature animation company Mikros Animation, has begun to shut down operations, threatening the jobs of thousands of artists worldwide, says a report from CG Channel. The report cites a memo sent to...

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Moneylife Digital Team 05 March 2025
The Reserve Bank of India (RBI) may need to inject an additional Rs1trn (trillion) or Rs1 lakh crore in liquidity into the banking system by the end of March to stabilise financial markets, according to a research report by the State Bank of India (SBI). The report warns that the current...

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SN Thyagarajan (Bar  and   Bench) 26 February 2025
The National Company Law Tribunal (NCLT), New Delhi, on February 25, admitted Ansal Properties and Infrastructure Limited (APIL) to the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC), 2016, on a petition filed by IL&FS Financial Services Limited...

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Moneylife Digital Team 20 February 2025
Privi Speciality (Privi) is the biggest manufacturer of aroma and fragrance in India, as well as one of the largest globally. With a range of over 70 aroma chemicals, the company creates fragrances that are utilised in various everyday items such as soaps, detergents, shampoos, hand washes and...

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Moneylife Digital Team 21 February 2025
RateGain Travel Technologies (RateGain) declared excellent results for Q3FY24-25 but the business outlook has turned cloudy. In the quarter, net sales increased 11% year-on-year (y-o-y) and 1% quarter-on-quarter (q-o-q). Its operating profit increased 20% y-o-y and 2% q-o-q and its net profit...

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Moneylife Digital Team 24 February 2025
Reserve Bank of India (RBI) has imposed penalties of Rs46.70 lakh on Citibank and two non-banking financial companies (NBFCs), Asirvad Micro Finance Ltd and JM Financial Home Loans Ltd for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs39 lakh has...

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Moneylife Digital Team 19 February 2025
The iron & steel pipes industry has been enjoying strong growth from domestic and export demand. Pipes are used for transportation of fuel, drinking water, wastewater, irrigation and industrial applications, such as chemicals and pharmaceuticals. The market is driven by infrastructure...

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Moneylife Digital Team 12 March 2025
Coming down heavily on the State Bank of India (SBI) for challenging an innocuous order passed by a chief metropolitan magistrate (CMM) in a loan recovery case, the Delhi High Court (HC) called the matter a 'luxury litigation' by SBI, which in no way causes any irreparable loss of reputation or...

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Sher Singh Yadav  and   Pratibha Kamath 21 February 2025
In the previous six parts of this series, we have highlighted the composition of the top-100 stocks, top-101 to top-200 stocks, top-201 to top-300 stocks, and top-301 to top-400 stocks. Sectoral learnings were shared in Part 2, while the fundamentals of the CATSR (compounded annual total...

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