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The Union Budget to be presented on 23rd July is perceived to have more salience than the last few that preceded it.    It is the first Budget in the third successive term of nearly the identical political formation, a phenomenon unseen in many decades.   Also, it would be the seventh...

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Sushmita (IndiaSpend) 08 July 2024
Even as general elections in India continued through the months of April to June, heat wave to severe heat wave conditions prevailed in northern and western India and in parts of eastern India. Many of these areas started experiencing heat waves around May 18.   With the onset of the...

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Moneylife Digital Team 03 July 2024
The global kitchen sinks market is projected to grow from US$3.2bn (billion) in 2022 to US$4.50bn by 2030, at a CAGR (compounded annual growth rate) of 3.87%. Around 80%-85% of the industry makes use of stainless steel (SS) and only 8%-10% uses quartz sinks. Built-in kitchen appliances are now...

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Moneylife Digital Team 05 July 2024
While upholding an order passed by the national company law tribunal (NCLT) for a resolution plan (RP) for corporate debtor DS Kulkarni Developers (DSK Developers) Ltd, the national company law appellate tribunal (NCLAT) deleted some clauses from the RP that were contrary to the law.   In an...

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Moneylife Digital Team 19 July 2024
Sanstar Ltd (Sanstar) is one of the major manufacturers of plant-based specialty products and ingredient solutions in India for food, animal nutrition and other industrial applications. Its products include: liquid glucose, dried glucose solids, maltodextrin powder, dextrose monohydrate, native...

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Moneylife Digital Team 28 June 2024
The Securities and Exchange Board of India (SEBI) on 27 June 2024, approved stricter norms for the entry and exit of individual stocks in the derivatives segment. The revised eligibility criteria for the introduction of stocks in the derivatives segment are based on the performance of stocks in...

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Moneylife Digital Team 28 June 2024
A growing Indian economy is witnessing increased demand for thermal and renewable energy, power transmission. Additionally, the government has a major project to roll out smart meters. Against this backdrop, all power infrastructure companies are flooded with orders. The sectoral tailwinds are...

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Moneylife Digital Team 03 July 2024
The managed office space and co-working industry in India has undergone significant transformation over the past decade, evolving from a niche concept to a mainstream component of modern business infrastructure. Within this, flexible office spaces have carved out a substantial presence,...

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Moneylife Digital Team 28 June 2024
Thanks to the booming construction industry and furious growth of windmills, the Indian construction equipment (CE) industry has experienced significant growth in recent years and is poised to become the world’s second largest by 2030. Sanghvi Movers Ltd (SML), incorporated in 1989 and...

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Moneylife Digital Team 27 June 2024
Salil Parekh, managing director and chief executive officer (MD&CEO) of Infosys has paid Rs25 lakh to settle an insider trading case with market regulator Securities and Exchange Board of India (SEBI). In its investigation, SEBI found that information on the strategic partnership between...

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Moneylife Digital Team 17 July 2024
Holding HDFC Bank Ltd responsible for rendering due service and failing to send SMS alerts for cash withdrawal from automated teller machines (ATMs) from seven places, including cities from Assam and Haryana, within four days, the national consumer disputes redressal commission (NCDRC) directed...

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The internet has come a long way from its idealistic beginnings. The history of the internet has its origin in the efforts of scientists and engineers to build and interconnect computer networks since the 1950s. In 1974, Vint Cerf and Bob Kahn published a research note that evolved into...

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Nipun Saxena (The Leaflet) 24 June 2024
Of the new trinity that will lord over India’s criminal law landscape, Bharatiya Nagarik Suraksha Sanhita, replacing the Code of Criminal Procedure, 1973, has received the least attention, because procedure is an unholy ‘ghost’ not necessarily discernible to the layman. In the first part of...

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Moneylife Digital Team 03 July 2024
On Wednesday, 2,355 stocks advanced, 1,566 declined and 100 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance: decline ratio of 1.50, indicating positive closing of stocks in broader markets. The trend of the major indices on Wednesday’s trading is given in the table...

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Moneylife Digital Team 05 July 2024
The best three and the worst three mutual fund schemes over the past three years ranked by their quarterly rolling returns. Premium members get access to a more refined list of top schemes by logging into Moneylife Advisory.                                     

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Moneylife Digital Team 02 July 2024
Two Indian-origin people, Rishi Shah and Shradha Agarwal, who are former executives of Chicago-based health technology start-up company Outcome Health, were sentenced on charges of being involved in a fraud scheme allegedly targeting the company's clients, lenders and investors.   In a...

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Bar  and   Bench 17 July 2024
The National Company Law Tribunal (NCLT) at Hyderabad has admitted an insolvency petition filed by ICICI Bank against GVK Power and Infrastructure.   A corum of Judicial Member Rajeev Bhardwaj and Technical Member Sanjay Puri passed the order on a petition filed under Section 7 of the...

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Moneylife Digital Team 26 June 2024
Holding two chartered accounts (CAs) responsible for professional misconduct and non-maintenance of proper audit documentation for 10 branches of Dewan Housing Finance Corporation Ltd (DHFL), which is embroiled in the Rs34,000 crore scam, the national financial reporting authority (NFRA)...

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Moneylife Digital Team 01 July 2024
Holding two doctors, including one cardiologist, from Kolkata-based Ramakrishna Mission Seva Pratishthan, responsible for medical negligence in treating the patient who died of cardiac arrest, the national consumer disputes redressal commission (NCDRC) directed these two doctors to pay Rs10...

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Moneylife Digital Team 08 July 2024
The Reserve Bank of India (RBI) has cancelled the certificates of registration (CoR) of Star Finserv India Ltd and Polytex India Ltd, the two non-banking financial companies (NBFCs) for violating digital lending norms. Star Finserv India is based in Telangana, while Polytex India operates in...

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