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Moneylife Digital Team 17 April 2026
Sudeep Pharma produces mineral-based excipients and specialty ingredients used in pharmaceuticals and nutrition applications. The business operates in a regulated, approval-driven environment, where integration into customer formulations and compliance requirements create switching barriers....

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Moneylife Digital Team 28 April 2026
Updated at 10.10am on 29 April 2026 to include claim settlement by the Bank. In a distressing incident that highlights the collision of poverty, illiteracy and procedural rigidity, a tribal man in Odisha’s Keonjhar district brought the skeletal remains of his deceased sister to a bank, hoping...

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Moneylife Digital Team 12 April 2026
The Reserve Bank of India (RBI) has released draft amendment directions  10 April 2026 that propose a fundamental recast of the scale based regulatory (SBR) framework for non-banking financial companies (NBFCs) — and while the changes appear, at first glance, to tighten the noose around large...

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Moneylife Digital Team 15 April 2026
Air India has reported a wider-than-expected loss of over ₹220bn (billion) or around US$2.4bn for FY25-26, hit by a series of operational disruptions and geopolitical challenges, according to a report by Bloomberg. The report says the airline is now seeking fresh financial support from its...

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Moneylife Digital team 28 April 2026
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹8 lakh on Pawan Kumar Malsaria, former chief financial officer (CFO) of Golden Tobacco Ltd (GTL), for certifying financial statements that were found to be misleading and not presenting a true and fair view...

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Moneylife Digital Team 16 April 2026
Aarti Industries Limited (AIL), with a 40-year operating history, is a key player in India’s specialty chemicals sector, built on an integrated benzene and toluene value chain producing over 100 products across pharmaceuticals, agro-chemicals, polymers, dyes and pigments. The company serves...

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Moneylife Digital Team 28 April 2026
A court in Sindhudurg, Maharashtra, has convicted Bharatiya Janata Party (BJP) leader and minister Nitesh Rane in connection with a 2019 incident in which an engineer of the National Highways Authority of India (NHAI) was publicly humiliated during a protest over road conditions. The minister...

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Moneylife Digital Team 21 April 2026
Vedanta Limited's (Vedanta) board of directors, at its meeting held on 20 April 2026, formally approved the implementation of its long-anticipated composite scheme of arrangement, setting 1 May 2026 as both the effective date of the demerger and the record date for determining shareholders...

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Moneylife Digital Team 30 April 2026
OnEMI Technology Solutions Ltd Kissht is a technology-enabled lender in India, primarily offering digital loans through its mobile application for various consumption and business needs. It provides swift, accessible and personalised credit solutions to support its customers throughout their...

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Moneylife Digital Team 15 April 2026
The death toll from the boiler explosion at Vedanta Ltd’s thermal power plant in Chhattisgarh’s Sakti district has risen to 14, with around 20 workers still undergoing treatment, several of them in critical condition, marking one of the most serious industrial accidents in recent years.   The...

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Moneylife Digital Team 20 April 2026
In a sweeping crackdown on organised cyber fraud, Hyderabad city police have arrested 52 individuals, including 32 bank employees, for their alleged role in running a large mule account network used to siphon off funds from victims across India.   The operation, code-named “Operation Octopus...

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It started with what seemed like a routine message.   Ramesh Kulkarni, a small-business owner in Pune, received a WhatsApp message from what appeared to be his bank's customer support team. His account would be blocked, the message warned, unless he updated his know-your-customer (KYC)...

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In August 2025, an 82-year-old man living alone in Delhi — his children abroad — received a WhatsApp video call. The callers impersonated officers from the directorate of enforcement (ED) and the central bureau of investigation (CBI) and shared what appeared to be orders (forged) from the...

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Moneylife Digital Team 10 April 2026
In a significant enforcement action, the Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹1 crore on Trdez Investment Pvt Ltd for allowing the use of its stockbroker registration and failing to act on multiple investor complaints. In March, Trdez Investment was expelled...

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Moneylife Digital Team 28 April 2026
The United Arab Emirates (UAE) has announced that it will exit the Organisation of the Petroleum Exporting Countries (OPEC) and its broader OPEC+ alliance from 1st May, marking a significant shift in global energy dynamics. While stepping away from OPEC’s coordinated production framework, UAE...

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Moneylife Digital Team 30 April 2026
The Reserve Bank of India's (RBI) amended directions for non-banking finance companies (NBFCs) issued on 29 April 2026, have effectively closed every regulatory escape route for Tata Sons Pvt  Ltd (Tata Sons) to remain unlisted.    This is based on two factors. First, the ₹1,000 crore...

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Moneylife Digital Team 16 April 2026
Information technology (IT) company Wipro Ltd on Thursday approved its largest-ever share buyback programme worth ₹15,000 crore, signalling a major capital return initiative even as the company reported a marginal decline in quarterly profit.   In a regulatory filing, the company says its...

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Moneylife Digital Team 15 April 2026
Reserve Bank of India (RBI) has proposed a set of new safeguards to tackle the sharp rise in digital payment fraud. These include ideas such as introducing a short delay in certain transactions, requiring additional checks for vulnerable users and giving customers more control over their...

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Moneylife Digital Team 15 April 2026
The Union ministry of cooperation has launched a new resubmission portal and issued a comprehensive set of frequently asked questions (FAQs) on the central registrar of cooperative societies (CRCS)- Sahara refund portal to streamline the refund process for investors of the Sahara group...

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Moneylife Digital Team 28 April 2026
SEBI has further directed them to disgorge the illegal gains along with simple interest at 12% per annum, calculated from 31 May 2022, the end of the investigation period, until the date of payment.   The other entities involved include: Khushboo Darshan Shah, Mihir Dhirajalal Savla, Chirag...

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