MAM
IDBI Federal Life Insurance’s new video conveys a powerful message this Friendship Day – #KeepMovingTogether
MUMBAI: Extending its #KeepMoving philosophy, this Friendship Day, IDBI Federal Life Insurance encourages people to celebrate the joy and warmth of companionship with our close friends who have rejoiced in our happiness and supported us during our lows.
At IDBI Federal Life Insurance, we believe that while we take care of one’s financial security, it is the bonds of friendship that further strengthen and encourage an individual to #KeepMoving forward. This Friendship Day, through the #KeepMovingTogether film, we want to communicate the message that it is important to physically connect with our loved ones and nurture these friendships.
Over the years, gadgets have overpowered human emotions. Millennials today are more inclined towards digital communication instead of a hearty chat with their friends and kin. We have seen that digital conversations have reduced face-to-face interactions. In our busy lives, we often tend to be in touch with friends mostly through chat groups, social media or over calls, while actually meeting them and spending time together has reduced. So this Friendship Day, through this film we want to reach out to millennials and encourage them to spend time with their friends as it is long overdue.
The film #KeepMovingtogether shows a young boy in the building lift with an elderly gentleman who happens to notice the trend of staying in touch through online chats. The elderly gentleman, who is somewhat surprised, explains that friendship thrives when friends meet up in person, crack jokes and play pranks. It is this personal touch that makes a real difference in nurturing friendship.
The video emphasizes that the bonding that can happen through physical presence is not possible through mere digital conversation. In the video, we can feel the bonding between the old man and the young boy through their expressions, fading out the generation gap. In the same way, IDBI Federal Life Insurance believes in standing by their customers with empathy and through human touch.
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Maharashtra panel orders Lodha to refund Rs 5 crore to homebuyers
Consumer court flags unfair practices in long-running property dispute case
MUMBAI: In a sharp rebuke to one of India’s biggest real estate players, the Maharashtra State Consumer Disputes Redressal Commission has directed Macrotech Developers to refund nearly Rs 5 crore to a senior citizen couple, Uttam and Anindita Chatterjee. The ruling, delivered on March 13, 2026, calls out the developer for “deficiency in service” and “unfair trade practices”, bringing closure to a dispute that has stretched over a decade.
The case traces back to 2015, when the couple booked a 3-BHK flat at World Towers in Lower Parel for Rs 12.22 crore, with possession promised within a year. What followed was a series of changes that complicated matters. After deciding to exit the project, they were persuaded to shift to a 4-BHK in another development priced at Rs 8 crore, with delivery scheduled for 2018. However, within months, the price was allegedly increased to Rs 10 crore. After demonetisation reshaped the market, similar flats were reportedly being offered at lower prices, but the couple were not given the benefit.
Despite paying over Rs 2.83 crore, the couple neither received possession nor clarity. Instead, in 2018, the developer unilaterally cancelled the booking, retained part of the amount as earnest money, and argued that the buyers were investors rather than consumers. The commission rejected this claim, observing that casual references to “investment” do not take away consumer rights when the purchase intent is residential.
The bench also held that the developer could not penalise buyers for payment delays while failing to meet its own delivery commitments. It noted the lack of formal documentation for revised terms and termed the prolonged retention of funds without delivering a home as exploitative.
As part of its order, the commission directed the developer to refund Rs 2.83 crore paid by the couple, along with interest at 10 per cent per annum, amounting to around Rs 2.12 crore. In addition, Rs 1 lakh has been awarded for mental agony and Rs 50,000 towards litigation costs, taking the total payout to over Rs 5 crore. The developer has been asked to comply within two months.
For now, the ruling serves as a reminder that in real estate, shifting terms and delayed promises can carry a significant cost.
