regulatory action

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    Market Manipulation Allegations Lead to Sebi Action

    New Delhi, March 31 The securities regulator, Sebi, has barred Elitecon International Ltd, its promoter and managing director Vipin Sharma, and four others from accessing the securities market, alleging manipulative activities and misleading disclosures.In an interim order passed on Monday...
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    Crackdown on LPG Black Market in Haryana

    Chandigarh, March 24 – Haryana’s Minister of State for Food, Civil Supplies and Consumer Affairs, Rajesh Nagar, assured citizens on Tuesday that there was no shortage of domestic LPG supply in the state and that there was no need to panic.He stated that any irregularities related to LPG were...
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    Authorities to Address Unauthorized Healthcare Facilities

    Mumbai, March 16 A committee headed by senior officials from the Urban Development and Health departments will review hospitals and nursing homes in Mumbai and other parts of Maharashtra, and will take action against unauthorized establishments, the legislative council was told on Monday.In a...
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    CETP Inspection Reveals Operational Issues After Alleged Discharge

    New Delhi, March 16 The Delhi Pollution Control Committee has taken note of a social media post alleging the discharge of untreated wastewater from the Okhla common effluent treatment plant into a nearby drain, prompting an inspection of the facility, officials said on Monday.During the...
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    SC Gives Noida Authority Final Chance on Sports City Project

    New Delhi, March 15 The Supreme Court has given the New Okhla Industrial Development Authority one last and final opportunity to comply with its directions concerning stalled real estate projects linked to the Noida Sports City development.A bench of Justices M M Sundresh and N Kotiswar Singh...
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    LPG Supply Monitoring: Patna Forms 28 Raiding Teams

    Patna, March 12 – Amid concerns among domestic consumers regarding the availability of LPG, the Patna district administration has taken strict measures to prevent the black marketing and hoarding of gas cylinders.Acting on the directions of District Magistrate Thiyagarajan SM, the...
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    Homebuyers Urged to Verify Project Progress Reports – RERA Fines Promoters

    Lucknow, March 9 The Uttar Pradesh Real Estate Regulatory Authority has imposed penalties exceeding Rs 2.43 crore on two promoters for failing to upload mandatory quarterly progress reports of their registered projects on the authority's web portal, according to an official statement issued on...
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    Repeat Offense: CCPA Increases Fine for Coaching Institute

    New Delhi, February 23 The Central Consumer Protection Authority (CCPA) has imposed a penalty of ₹15 lakh on the Delhi-based coaching institute, Vajirao and Reddy Institute, for publishing misleading advertisements claiming credit for candidates who cleared the UPSC Civil Services Examination...
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    FEMA Violation: ED Imposes Rs 184 Crore Fine on NewsClick

    New Delhi, February 16 The Enforcement Directorate has imposed a penalty of Rs 184 crore under the FEMA against the news portal NewsClick and its editor-in-chief, Prabir Purkayastha, official sources said on Monday.The order specifies that the company that owns the portal – PPK NEWSCLICK...
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    Consumers Gain Tools to Manage Network Performance & Spam

    The Telecom Regulatory Authority of India (TRAI) today launched revamped versions of its TRAI DND and TRAI MySpeed mobile applications in New Delhi. These updates aim to empower consumers to control unwanted communications and accurately assess real-time network performance.Speaking at the...
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    New RBI Rules Permit Bank Financing for Real Estate Investment Trusts

    Mumbai, February 13 The Reserve Bank proposed on Friday allowing banks to extend loans to REITs, capping the total exposure at 49 percent of the asset value under each investment trust.Banks will provide loans only to listed Real Estate Investment Trusts (REITs).Currently, there are five...
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