Clipped from: https://www.business-standard.com/article/markets/sebi-to-tweak-fit-and-proper-criteria-approves-launch-of-silver-etfs-121092801456_1.html Markets regulator Sebi has decided to tweak the criteria for determining ‘Fit and Proper Person’ and given its approval for the launch of
Category: Industry
Sebi relaxes superior voting rights criteria, amends delisting rules – The Financial Express
Clipped from: https://www.financialexpress.com/market/new-norms-sebi-relaxes-superior-voting-rights-criteria-amends-delisting-rules/2339887/ The existing provisions required that an SR shareholder should not be part of a promoter group with a net worth more than Rs
PLI scheme for textiles sector: Only mfg firms registered in India to be eligible for sops – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/pli-scheme-for-textiles-sector-only-mfg-firms-registered-in-india-to-be-eligible-for-sops/article36707327.ece?homepage=true Only one company of a group will be allowed to be registered for PLI for Textiles Only manufacturing companies registered in India will
PLI scheme: Auto component companies hope to pare imports | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pli-scheme-auto-component-companies-hope-to-pare-imports-121092701377_1.html It would also reduce imports from countries like China, Taiwan and South Korea and facilitate foreign collaborators to set up manufacturing footprint in
NCLT allows Future Group to hold EGMs to sell businesses to Reliance | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/nclt-allows-future-group-to-hold-egms-to-sell-businesses-to-reliance-121092800934_1.html The deal would consolidate Mukesh Ambani’s position in the Indian retail industry, which is witnessing huge investments by multinational players like Amazon and
Sebi board clears frameworks for gold, social stock exchanges | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-board-approves-framework-for-gold-exchange-121092801007_1.html The instruments representing gold will be called Electronic Gold Receipts (EGRs) and will be notified as securities; Sebi board also approves proposal to
22,000 compliances reduced, 103 offences decriminalised: Government – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/22000-compliances-reduced-103-offences-decriminalised-government/articleshow/86586972.cmsSynopsis With the aim to simplify, decriminalize & remove redundant laws, India has undertaken a massive exercise to reduce burdensome compliances. India has reduced more
Despite govt’s relief package, questions remain over Voda Idea’s survival | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/despite-govt-s-relief-package-questions-remain-over-voda-idea-s-survival-121092601052_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 As of now, there’s no clarity on whether the government stake would be limited to 26 per cent or if it could go
PLI scheme: Auto component companies hope to pare imports | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pli-scheme-auto-component-companies-hope-to-pare-imports-121092701377_1.html It would also reduce imports from countries like China, Taiwan and South Korea and facilitate foreign collaborators to set up manufacturing footprint in
CCI fines United Breweries Rs 750 cr for indulging in cartelisation – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/cci-fines-united-breweries-rs-750-cr-for-indulging-in-cartelisation-307565-2021-09-24 While UBL and CIPl have been fined Rs 750 crore and Rs 120 crore respectively, penalty has been waived off for AB InBev
Jio, Airtel gain subscribers in July, Voda Idea loses 14.3 lakh users: Trai data – BusinessToday
Clipped from: https://www.businesstoday.in/industry/telecom/story/jio-airtel-gain-subscribers-in-july-voda-idea-loses-143-lakh-users-trai-data-307459-2021-09-23 Reliance Jio’s market share in terms of wireless subscribers was the highest at 37.34 per cent in July, followed by Bharti Airtel at
China’s Evergrande Group bondholders in limbo over debt resolution | Business Standard News
Clipped from: https://www.business-standard.com/article/international/china-s-evergrande-group-bondholders-in-limbo-over-debt-resolution-121092400163_1.html The company has run short of cash to fund its $305 billion in debts and markets are worried that a collapse could pose
Government should consider the introduction of an automobile Dealers’ Protection Act – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-government-should-consider-the-introduction-of-an-automobile-dealers-protection-act/articleshow/86463703.cmsSynopsis The Indian automobile industry is a ₹8.2 lakh crore industry, and its turnover constitutes 6.4% of overall GDP, 20% of industrial GDP and
Accounting regulator raps ‘EY arm’s’ audit of IL&FS firm – The Hindu
Clipped from: https://www.thehindu.com/business/accounting-regulator-raps-ey-arms-audit-of-ilfs-firm/article36638737.ece ‘Understatement of losses runs up to more than ₹2,000 crore’ The National Financial Reporting Authority (NFRA) has rapped ‘EY group firm’ SRBC &
Streamline consent – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/streamline-consent/article36592553.ece?homepage=true Tighter timelines are welcome, but transparency is needed on the rationale for consent decisions It has been 15 years since the Securities Exchange
Over 40% of Indian unicorns have been created in 2021 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/over-40-of-indian-unicorns-have-been-created-in-2021/article36585307.ece?homepage=true This picture is used for representational purpose only. – z_wei This picture is used for representational purpose only. – z_wei× A unicorn is
Foreign investors want Sebi to delay shorter trade settlement plan | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/foreign-investors-want-india-to-delay-shorter-trade-settlement-plan-121092200150_1.html Sebi’s plan could push foreign investors to upgrade their custodial arrangements, spend more on foreign exchange charges and other costs. Photo: Bloomberg India
Is the recovery in real estate in India sustainable? – The Financial Express
Clipped from: https://www.financialexpress.com/money/is-the-recovery-in-real-estate-in-india-sustainable/2334569/ Though the Indian real estate market is reeling under the COVID-19 impact, it can be a very positive time for home buyers. Even
Auto majors must take advantage of sops: Arun Goel – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/auto-majors-must-take-advantage-of-sops/article36572696.ece?homepage=true We don’t look at one particular company. We are supporting the entire industry, Says Arun Goel, Secretary, Ministry of Heavy Industries Our Bureau The
Telecom industry gets a timely lifeline – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/telecom-industry-gets-a-timely-lifeline/article36572968.ece?homepage=true The moratorium on spectrum usage charges will improve industry finances. But spectrum auctions need a rejig Recent announcements by the government in providing
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