Moneylife wins defamation case

IN Media Watch Briefs | 09/09/2015

The Bombay High Court has ruled in favour of the journalists who run   Moneylife in a defamation case filed by the National Stock Exchange against the news portal. The court has ordered that Sucheta Dalal and Debashis Basu be paid Rs. 1.5 lakh each  and fined NSE  for Rs. 47 lakh as punitive damages, and directed the Exchange to pay the amount to the  Tata Memorial Hospital and Masina Hospital in Mumbai. (Newsminute)