Ajay Seth, chairman, IRDAI Though, basically it will be a welcome...
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SEBI eases IPO shareholding rules, brings relief for large companies
According to SEBI’s release, companies with a market capitalisation...
Public must use “look, touch, and feel” method to verify notes: RBI
M Rajeshwar Rao,Deputy Governor , RBI According to an official...
IRDAI suspends a junior official for financial misconduct
IRDA’s order for suspending Sastry signed by Raja K Sinha , member, Distribution, IRDAI has said he has admitted the financial misconduct but didn’t mention the exact nature of the misconduct Hyderabad: In a first ever case, the IRDA has suspended one of junior...
Global Expansion: India Inc needs a multi-dimensional shield
Vaibhav Luthra, Tax Partner, EY India said, “India’s global investors are no longer just chasing scale, they are looking for strategic, resilient growth. As outbound capital becomes more ESG-sensitive and substance focused, aligning operating models with local...
Sebi approves LIC’s reclassification as public shareholder in IDBI Bank post completion of its strategic disinvestment
The voting rights of LIC will not exceed 10% of the total net effective voting rights of the IDBI Bank. Post completion of the strategic disinvestment transaction, the LIC will bring down its residual shareholding in the IDBI Bank to 15% or below, within two years of...
Fraudulent MF redemptions by impersonators threat to investors confidence: Sebi official
Amarjeet Singh, Whole Time Member, Sebi Reiterating the need for vigilance, Sebi Whole Time Member Amarjeet Singh said, "Beyond investment risks, we must also be mindful of operational risks that can undermine investor confidence. One such concern is the menace of...
GoM backs Centre’s proposal to scrap 12% and 28% GST slabs: Samrat Choudhary
Samrat Choudhary,,Deputy Chief Minister,Bihar The GoM also reviewed the Centre’s suggestion to exempt GST on individual health and life insurance premiums. While most states supported the idea, they flagged the need for strict oversight to make sure insurance...
DGCA issued 4 show-cause notices to Air India over 29 violations: Minister
The DGCA carried out 171 regulatory audits from 2020 to June 2025 to ensure safety in India's civil aviation sector. New Delhi: The government on Thursday said that the Directorate General of Civil Aviation (DGCA) had issued four show-cause notices to Air India over...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google admitted the arrangement had a substantial impact on competition from rival search engines, and has stopped signing similar deals while also agreeing to the fine, the Australian Competition and Consumer Commission (ACCC) added. Google agreed on Monday to pay a...
Cabinet approves bill to regulate online gaming platforms, real money games may face ban
Sources said that the decision has come following observations from the government that online money gaming provides means to facilitate money laundering, fraudulent financial transactions, and cyber crime, among others The Cabinet has approved the bill to regulate...
GST rejig: Sitharaman to address Aug 20 GoM meet to put forth Centre’s rate cut proposal
Nirmala Sitharaman , Union Finance Minister The GoM on Life and Health Insurance is likely to be headed by Bihar Deputy Chief Minister, Samrat Choudhary and will explore full GST exemption on health and life insurance premiums for policies up to Rs 5 lakh,...
As many as 409 companies operating from IFSC GIFT City
Nirmala Sitharaman, Union Finance Minister Over the last 5 years, the government has provided several progressive policy measures for development of GIFT IFSC, such as - setting up of International Financial Services Centres Authority (IFSCA) as a unified statutory...