regulatory compliance

New Delhi, March 23 The capital markets regulator, Sebi, on Monday eased certain reporting requirements by removing the mandatory reporting of demat accounts and relaxing norms for bank account disclosures.The changes are aimed at enhancing regulatory efficiency, as well as to promote ease of...

Mumbai, March 23 In the wake of the HDFC Bank crisis triggered by chairman Atanu Chakraborty's sudden resignation, Sebi chairman Tuhin Kanta Pandey said on Monday that independent directors need to act responsibly and back up any accusations with evidence.In comments that came days after...

Mumbai, March 23 Days after the surprise resignation of HDFC Bank non-executive chairman Atanu Chakraborty, capital markets regulator Sebi's chairman Tuhin Kanta Pandey said on Monday that independent directors are expected to act responsibly and not make any insinuations.In comments...

New Delhi, March 23 The market regulator, Sebi, has escalated 1.33 lakh instances of manipulative content related to the securities market to social media platform providers, according to information provided to Parliament on Monday.In a written reply to the Lok Sabha, Minister of State for...

New Delhi, March 23 As many as 179 government-owned companies, including public sector enterprises, do not have a single female director as required under the Companies Act, the government said on Monday.Under the Companies Act, 2013, a certain class of companies are required to have at least...

New Delhi, March 23 The securities regulator, Sebi, has introduced a concise and standardized summary of offer documents in the form of a draft abridged prospectus, aiming to make IPO disclosures more accessible and investor-friendly.Companies going public will now be required to submit this...

New Delhi, March 23 The financial implications of the West Asia conflict on flight operations are evolving, and appropriate measures are being taken in consultation with airlines and other stakeholders, the civil aviation ministry said on Monday.The escalating conflict involving the US...

New Delhi, March 22 Indian companies are surpassing their global counterparts in the large-scale adoption of Artificial Intelligence, with most organizations expecting to increase their AI spending next year, according to a report by Deloitte.However, this rapid deployment contrasts with a...

Jaipur, March 21 A neuro-engineering deep-tech AI company based in Gujarat has developed an "AI Action Firewall" aimed at making artificial intelligence systems safer by verifying every action before execution, an official said on Saturday.The firewall will function as a policy-based safety...

New Delhi, March 21 The National Productivity Council, an autonomous body under the Ministry of Commerce and Industry, has signed an agreement with the Ministry of Environment to act as the designated agency for environmental audits under the Environment Audit Rules, 2025, which were notified on...

New Delhi, March 20 Days after the resignation of HDFC Bank chairman Atanu Chakraborty, citing ethical concerns, the bank has terminated the services of three employees for gaps in client onboarding at its Dubai International Financial Centre (DIFC) branch.According to sources, HDFC Bank has...

New Delhi, March 20 American multinational bank JP Morgan Chase has settled with the capital markets regulator Sebi a case related to alleged violation of FPI rules after paying ₹34.42 lakh towards settlement charges.The settlement order came after the bank filed a suo-motu settlement...

New Delhi, March 20 The Central Drug Laboratories have found 60 drug samples manufactured by various firms to be "not of standard quality (NSQ)" in its monthly drug alert for February, health ministry officials said on Friday.The state drug testing laboratories have identified 134 drug samples...

Mumbai, March 20 The Reserve Bank announced on Friday that it has imposed a fine of ₹31.8 lakh on Hongkong and Shanghai Banking Corporation for non-compliance with certain directions related to inactive accounts and unclaimed deposits.In a statement, the Reserve Bank said that a statutory...

Itanagar, March 19 Governor Lt Gen K T Parnaik (Retd) on Thursday advised the Arunachal Pradesh Private Educational Institutions Regulatory Commission (APPEIRC) to ensure transparent, merit-based admissions, strict monitoring of examinations and research standards, and full compliance with...

Mumbai, March 18 The Maharashtra government announced an inquiry into alleged large-scale irregularities in a land tender process for project-affected persons in Mumbai's Malad area on Wednesday, and directed that no further action be taken until the investigation is complete.The inquiry will...

Thane, March 18 A hospital in Thane has been found to be operating an unauthorized IVF clinic, prompting authorities to order a comprehensive inspection of all such facilities and sonography centers in the city, officials said on Wednesday.The crackdown comes in the wake of a recent bust of an...

New Delhi, March 18 Meta Platforms Inc. on Wednesday challenged a Central Consumer Protection Authority order in the Delhi High Court, imposing a ₹10 lakh penalty on it for allegedly unauthorized sale and listing of walkie-talkies on the Facebook Marketplace.A senior counsel for Meta argued...

Patiala, March 17 A total of 45 LPG domestic cylinders were seized following an inspection of eateries, restaurants, and hotels here under a special drive to check the misuse of cooking gas cylinders, officials said on Tuesday.The drive was conducted by teams from the District Food and Civil...

New Delhi, March 17 Standard Chartered Bank has settled with the capital markets regulator, Sebi, a case alleging violations of FPI rules and other regulatory norms, after paying Rs 57.20 lakh towards settlement charges.Following the receipt of the settlement amount by Sebi, the adjudication...