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Harshita Shah 02 August 2021
UPDATED on 11 August 2021 at 10.45am to incorporate response received from BizGurukul   BizGurukul, as it describes itself, is an online e-learning platform that sells skill development courses related to entrepreneurship, career and business development and additionally provides...

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Yogesh Sapkale Yogesh Sapkale 22 February 2021
The FASTag mechanism, which has become mandatory from last Monday on national highways, is making the lives of vehicle users more difficult. Many commuters are facing issues like long waiting time at the toll plaza and failure of the scanner to read the radio frequency identification (RFID)...

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Moneylife Digital Team 19 February 2021
While the union government has made FASTag mandatory from Monday mid-night, there is no respite to road travellers from long queues at toll booths. Add to this the poor infrastructure available at these toll plazas, which makes it difficult to get the radio-frequency identification (RFID) tag...

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Moneylife Digital Team 17 February 2022
The income tax (I-T) department has conducted searches at the Mumbai residence of Chitra Ramakrishna, former managing director (MD) and chief executive officer (CEO) of the National Stock Exchange (NSE) and the ‘mysterious’ Anand Subramanian (Subbu), who was appointed and promoted as group...

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S Nag 24 February 2022
The ongoing fiasco at the National Stock Exchange (NSE) is testimony to the blatant disregard of sound corporate governance practices in institutions, which are allowed to function as closed entities, despite being instrumental in decisions and actions that have immense national as well as...

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Moneylife Digital Team 21 May 2021
True to the perception of the community being large-hearted, Sikh organisations have been offering all kinds of aid over the last one year during the pandemic crisis. In yet another heart-warming move, Nanded’s Gurudwara Takht Shri Hazoor Sahib, one of the five takhts of Sikhism, has...

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IANS 25 February 2021
Strongly opposing Prime Minister Narendra Modi's plans to privatise all public sector banks (PSBs), the Unted Forum of Banking Unions on Thursday said that it could imperil Rs 80 lakh crore hard-earned money belonging to the people.   UFBU Convenor Devidas Tuljapurkar said that the...

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Even as images of endless burning pyres are flashed across the globe accompanied by desperate social media messages, frantically seeking hospital beds in Delhi, Gujarat and Uttar Pradesh, Mumbai is relatively calm. After a few stressful days in mid-April, there is no mindless panic, shortage...

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Ranganathan V Ranganathan V 09 June 2021
There is no finding the light at the end of the black hole aka public sector banks (PSBs). The mounting non-performing assets (NPAs) have been unyielding to any salutary solution and the government and the Reserve Bank of India (RBI) have practically thrown every known ammunition at the...

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Maya M 24 February 2021
When a person dies intestate (without leaving a will), the transfer of certain assets to the heirs of the deceased requires a legal heir certificate, and in a few States a probate, in order to establish their claim.    Mumbai-based lawyer Siddhartha Shah says “A number of other...

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Moneylife Digital Team 14 January 2022
The shares of Sintex Industries Ltd  (Sintex) are lower circuit from 11 January 2022 onwards after a report from The Economic Times mentioned that Reliance Industries Ltd (RIL) and Welspun have emerged as the top-2 contenders with conditional bids to acquire the bankrupt...

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In an example of how deeply ingrained misogyny is in the Indian system, billionaire investor Rakesh Jhunjhunwala asked the management of Jubilant Pharmova: “How can we be lower than the lady? We have to beat her,” in a slighting reference to well-known entrepreneur and industrialist Kiran...

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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...

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Moneylife Digital Team 28 September 2021
The resolution process of the beleaguered Dewan Housing Finance Ltd (DHFL), apparently in its final stages, is causing a lot of anxiety among investors. While holders of non-convertible debentures (NCDs) are expected to be repaid in a couple of days, the unexplained debits and credits in...

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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...

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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...

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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...

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Yogesh Sapkale Yogesh Sapkale 22 July 2022
State Bank of India (SBI) has again refused to share the names of borrowers who owe Rs100 crore or more, even with its shareholder. Over the past nine years, from FY13-14 up to FY21-22, SBI has written off bad loans of over Rs145,248 crore of big defaulters, while recovering just over 13%...

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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...

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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...

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