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1 day ago | 
moneylife.in | Walter Vieira |Rahul Deodhar |Sanjay Bakshi
On Thursday, 2084 stocks advanced, 1871 declined and 151 remained unchanged on Bombay Stock Exchange with advance decline ratio of 1.11 indicating a positive closing in the broader market. The trend of the major indices on Thursday-’s trading is given in the table below. On NSE, 93 securities advanced and closed at a new 52-week high whereas 16 securities sank to close at their new 52-week lows. In sectoral indices, Nifty Pharma, Nifty Metal and Nifty Media were among the biggest gainers.
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1 day ago | 
moneylife.in | Walter Vieira |Rahul Deodhar |Sanjay Bakshi |Vinita Deshmukh
In a significant step toward reforming healthcare delivery in Maharashtra, last week, several citizens, activists and healthcare experts formed the Medical Services Transparency Forum against the backdrop of Pune’s Deenanath Mangeshkar Hospital issue wherein the delay in attending to an emergency patient had created an uproar.
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1 day ago | 
moneylife.in | Walter Vieira |Rahul Deodhar |Sanjay Bakshi
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs10 lakh on Future Retail Ltd (FRL) for violations of disclosure norms. The regulatory body's adjudication order concluded that FRL had contravened the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI (Prohibition of Insider Trading) Regulations, 2015.
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1 day ago | 
moneylife.in | Walter Vieira |Rahul Deodhar |Sanjay Bakshi
The Delhi High Court on Thursday issued directions to attach a part of the salary of Trinamool Congress (TMC) leader and Rajya Sabha Member of Parliament (MP) Saket Gokhale for his failure to comply with an earlier order to pay damages and apologise for defamatory statements made against former diplomat Lakshmi Puri.
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1 day ago | 
moneylife.in | Walter Vieira |Rahul Deodhar |Sanjay Bakshi
India has taken series of strong measures following Pahalgam terror attack including suspension of Indus Waters Treaty, 1960 and closing of integrated check post Attari with immediate effect. The cabinet committee on security, CCS reviewed the overall security situation in its meeting at prime minister Narendra Modi’s residence on Wednesday evening and directed all forces to maintain high vigil.
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1 day ago | 
moneylife.in | Walter Vieira |Rahul Deodhar |Sanjay Bakshi
Inside story of the National Stock Exchange’s amazing success, leading to hubris,
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1 day ago | 
moneylife.in | Walter Vieira |Rahul Deodhar |Sanjay Bakshi
In a notable decision involving alleged offshore assets, the Mumbai Bench of the income tax appellate tribunal (ITAT) has quashed a reassessment order against Kalpana Dilip Mehta, legal heir of the late Dilip Dalpatlal Mehta. The case centred around a Rs19.48 crore addition based on a purported foreign bank account in HSBC Geneva, allegedly held by Mr Mehta.
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1 day ago | 
moneylife.in | Walter Vieira |Rahul Deodhar |Sanjay Bakshi
The Kolkata zonal office of the directorate of enforcement (ED) has provisionally attached 1,023 acres of land worth about Rs1,538 crore from across 16 cities in a sweeping move against the Sahara group, marking a significant escalation in the probe into alleged financial fraud and money laundering. The attached properties, owned by Sahara Prime City Ltd, were allegedly acquired using diverted investor funds through benami transactions.
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2 days ago | 
moneylife.in | Walter Vieira |Rahul Deodhar |Sanjay Bakshi |Sucheta Dalal
Just under a year ago I reported (Moneylife Exclusive: Serial Fraudster Dinesh Dalmia Strikes Again: Dupes Lenders of Nearly Rs200 Crore) that Dinesh Dalmia, serial fraudster and founder of the now-defunct DSQ Software group had resurfaced under a new guise. This is after having spent several years behind bars for fraud, stock manipulation and other legal transgressions in India and the United States (US).
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2 days ago | 
moneylife.in | Walter Vieira |Rahul Deodhar |Sanjay Bakshi
US president Donald Trump's administration intends to press India to give online retailers such as Amazon and Walmart full access to its US$125bn (billion) e-commerce market, the Financial Times (FT) reported citing industry executives, lobbyists and U.S. government officials.
