CONSUMER INTEREST


Moneylife Digital Team 16 February 2021
Taking cognizance of harassment of the telecom subscribers through unsolicited commercial messages or calls and financial fraud committed against the users, the ministry of communications has asked officials to take strict action against erring telemarketers and individuals involved in these...

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IANS 16 February 2021
Several websites are selling fake reviews for goods sold on Amazon Marketplace, according to UK-based consumer group Which?   Cost of the fake reviews starts from 5 pound each and some of the website are selling them even "in bulk," the BBC reported on Tuesday, citing the findings of...

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Moneylife Digital Team 08 February 2021
In an important order, the National Consumer Disputes Redressal Commission (NCDRC) has sentenced Parsvnath Developers Ltd's managing director (MD) and other directors to three years' imprisonment, for failing to refund money and for not complying with its decree, says a...

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The Haryana Real Estate Regulatory Authority (HRERA) has imposed a penalty of Rs2.25 crore against M/s SPS Homes Builders and Developers Pvt. Ltd, M/s Vistaar Group Pvt. Ltd. and M/s Royal Infra Buildtech Pvt. Ltd. for violation of Section 3(1) of the Real Estate (Regulation and Development)...

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Yogesh Sapkale Yogesh Sapkale 25 January 2021
Technological advances are often expected to benefit everyone. However, it appears that only fraudsters are becoming smarter, leaving common consumers an easy prey. Take, for example, the new fraud taking place where fraudsters are obtaining mobile numbers that are mostly similar to toll-free...

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Moneylife Digital Team 19 January 2021
After holding home-buyers as financial creditors as per the Insolvency and Bankruptcy Code (IBC), the Supreme Court on Tuesday accepted an amendment in the IBC as constitutionally valid, which requires no less than 100 or 10% home-buyers to initiate insolvency against builder or developer....

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Moneylife Digital Team 19 January 2021
In a landmark judgement, the Maharashtra Real Estate Appellate Tribunal (MahaREAT) has directed the promoters of Palava Lakeside to refund with interest (at interest of 2% more than the marginal cost of funds-based lending rate—MCLR—of State Bank of India) money paid by two home-buyers, who...

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Moneylife Digital Team 18 January 2021
Cyber Dost, a twitter account managed by the union ministry of home affairs, has warned people about a new scam that informs on adding a nominee to their bank account. “Beware of such spoofed information. Such messages may be trick of cyber criminals to defraud you. Always verify from your...

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TruthInAdvertising.org 18 January 2021
From fairwashing to fragrance, consumers have plenty to watch out for in 2021.   Consumers have a lot to watch out for in terms of deceptive advertising trends in 2021. Here are five TINA.org will be keeping an eye on in the new year. (Not included on the list – but definitely...

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Amitabha Banerjee Amitabha Banerjee 15 January 2021
This is a very complex question, not only because it straddles an entire lifetime, but also because it has strong overtones of emotion, security and comfort which affect different people differently. Let me try to highlight some of the main factors for two groups of people – the newbie...

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Maya M 14 January 2021
The new Model Tenancy Act 2020, which is currently under discussions at the Centre, aims to bridge the trust deficit between tenants and landlords by clearly delineating the obligations of tenants and landlords. The draft Act seeks to ensure speedy redressal of disputes by proposing to...

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Moneylife Digital Team 14 January 2021
Maharashtra Real Estate Regulatory Authority (MahaRERA) recently passed an order directing a developer to pay interest since September 2006 (when the project ought to have been completed) on the total amount paid by a home-buyer for a flat in a high-rise at Kurla for failure to mention the...

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Moneylife Digital Team 12 January 2021
In a recent order, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed Conoor Builders to pay a home-buyer in its Gateway project at Andheri (West), interest at marginal cost lending rate (MCLR) of SBI plus 2% for a three-year delay in possession. According to the...

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India suffered the longest internet shutdowns in 2020 for the second year running globally, bearing the biggest economic impact of $2.8 billion and 8,927 hours lost, affecting 10.3 million users in total, a new report from the UK-based privacy and security research firm Top10VPN has...

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Moneylife Digital Team 05 January 2021
The novel coronavirus pandemic has upended businesses across the world resulting in dwindling revenues across several industries. Amidst the most challenging of circumstances, online inquiries for used cars under Rs3 lakh almost doubled, while inquiries for on-road price of vehicles jumped...

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The Supreme Court on Monday directed the counsel representing various banks, along with officials concerned, to meet the court-appointed receiver to finalise the proposal for financing of the unfinished Amrapali projects.   The receiver, senior advocate R. Venkataramani, informed a...

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Shubha Khandekar 04 January 2021
As my house is under renovation, it was necessary to remove the gas meter temporarily to prevent any damage to it. I had already turned off the supply and filed a request on 16 December on the Mahanagar Gas website under the given head, for someone to come and do the job.   (Screenshot...

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Moneylife Digital Team 31 December 2020
With the interconnect usage charges (IUC) coming to an end on 31 December 2020, Reliance Jio Infocomm Ltd (Jio) has decided to make all off-net domestic voice calls free, from 1 January 2021.    In a release, Jio says, "In September 2019, when Telecom Regulatory Authority of India...

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Yogesh Sapkale Yogesh Sapkale 30 December 2020
Have you even wondered about the continuous onslaught of unwanted commercial communication (UCC) or spam messages and unwanted calls from telemarketers? If yes, then data shared by the telecom regulator shows that there are over 230,000 entities registered as telemarketers with 11 telecom...

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TruthInAdvertising.org 30 December 2020
As we ring in the New Year, we at TINA.org like to wring out companies and/or people whose advertising didn’t meet truth-in-advertising standards. Here’s who is on TINA.org’s 2020 list:   Snow Teeth Whitening When it snows, it snows a lot? OK, so maybe that’s a stretch. But so are...

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