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Business News Today Live: RBI, SEBI, Courts and Markets, 7 November 2026
Every story from Oquilia’s desks today, as it is published: regulators, courts, markets and your money. Each update links to the full report and its official source.
This page updates itself every minute.
Key updates
- ITAT orders tax registration for trust that links women's self-help groups to bank loans
- ITAT: charitable trust can count income tax paid on earlier year's income as application
- Rajasthan High Court: police must help banks take possession under SARFAESI free of charge
- SAT upholds SEBI fraud findings against two former Ricoh India executives
ITAT orders tax registration for trust that links women's self-help groups to bank loans
The Chennai bench of the Income Tax Appellate Tribunal held that Annai Trust's work linking poor women's self-help groups to bank credit is relief of the poor, not business.
ITAT: charitable trust can count income tax paid on earlier year's income as application
The Mumbai bench of the Income Tax Appellate Tribunal dismissed a tax department appeal and upheld a charitable trust's claim of Rs 1.74 crore in tax paid as application of income.
Rajasthan High Court: police must help banks take possession under SARFAESI free of charge
The Rajasthan High Court held on 29 October 2026 that the state must provide police force, without charge, to enforce possession orders under Section 14 of the SARFAESI Act.
SAT upholds SEBI fraud findings against two former Ricoh India executives
The Securities Appellate Tribunal upheld SEBI's finding that Ricoh India's former MD and its former marketing head were involved in misreporting accounts, but cut the former MD's penalty to Rs 10 lakh.
SAT sets aside SEBI's Rs 26 crore penalty on Coffee Day, orders fresh probe
The Securities Appellate Tribunal set aside SEBI's 2023 order against Coffee Day Enterprises over Rs 3,535 crore SEBI says was diverted, and directed SEBI to investigate further within six months.
NCLAT upholds insolvency of Distribution Logistics Infrastructure on Bank of India plea
The NCLAT dismissed an appeal by a suspended director and upheld the insolvency process against Distribution Logistics Infrastructure, holding that its settlement offers were never honoured.
NCDRC sets aside Rs 2 lakh award against Punjab National Bank in cheque reversal case
The National Consumer Disputes Redressal Commission held that Punjab National Bank was not deficient in service when it restored a cleared Rs 12.6 lakh credit to the payee's account.
NCDRC orders Shriram General Insurance to pay full value on three lost trucks
The National Consumer Disputes Redressal Commission held that Shriram General Insurance wrongly rejected claims for three trucks lost after they were rented out, and upheld full-value payouts.