UK investors sue Binance in London for £150 millionThe claimants, some of whom said they had lost tens of thousands of pounds, allege Binance entities knowingly sold investments such as le...
Two general insurance licences approved since 100% FDI move by govt: Irdai chairman Ajay SethIndia's insurance regulator has greenlit two proposals for 100% foreign ownership in general insurance firms, following the government's FD...
Govt to amend Mumbai Police Act to plug loopholes misused by dance bars: Maha CM Devendra FadnavisMaharashtra Chief Minister Devendra Fadnavis announced plans to amend the Mumbai Police Act during the ongoing monsoon session to prevent d...
Mumbai food dept finds rats, cockroaches, expired food at six eateries located in Nariman Point, Borivali, Santacruz, AndheriMumbai's food safety standards took a hit as the FDA suspended licenses for six eateries, including the Nariman Point restaurant Flint & Wa...
Zerodha eyes foray into investment bankingIndia's leading retail broker, Zerodha, is making a significant move into investment banking. The company has applied to Sebi for a merchan...
Zerodha now wants to enter investment banking space, seeks Sebi nodZerodha has applied to SEBI for a Category I merchant banking licence, signalling its entry into investment banking. The move aligns with I...
Progcap looks to raise $45 million equity capital in FY28The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and ...
Health ministry proposes faster approvals for medical device manufacturing licencesThe Union health ministry is proposing to significantly cut down the time taken to issue manufacturing licenses for medical devices. Aimed ...
Punjab drug body finds critical lapses at Jackson Laboratories' manufacturing facility in AmritsarThe Punjab FDA has taken decisive action by revoking the manufacturing licence of Jackson Laboratories in Amritsar due to severe regulatory...
WHO seeks details from India over oxytocin-linked deaths; licences of manufacturer cancelledThe World Health Organisation (WHO) has sought details from the Indian government after reports linked oxytocin injections made by Jackson ...
Tribal council rejects Blinkit's trading license permission in MeghalayaMeghalaya's Khasi Hills Autonomous District Council has denied Blinkit a trading license, citing concerns over its business model impacting...
Maharashtra FDA bans serving food in newspapers, issues statewide food safety orderMaharashtra FDA has launched 'Safe Food, Healthy Maharashtra' banning food served on newspapers and enforcing strict hygiene. Hotels, resta...
India rewrites telecom rulebook, replacing licence contracts with statutory authorisationsNew government rules replace the telecom industry's contractual licensing with a unilateral statutory model. Operators will now receive aut...
DoT notifies new authorisation norms for telcos to shift from licencing regimeThe government has launched a new authorization-based framework for the telecom sector, replacing the old licensing system. A dedicated por...
India panel proposes simulator-heavy pilot licence to ease crew shortage, document showsIndia is exploring a new pilot license option to combat a growing shortage, proposing increased simulator training and reduced flight hours...
ONGC in talks to acquire PDVSA stakes in two Venezuela oilfieldsIndia's ONGC is in talks with Venezuela's PDVSA to acquire stakes in two oilfields, San Cristobal and Carabobo. This move hinges on ONGC se...
Centre auctions 10 critical mineral blocks in 7th roundIndia has successfully auctioned 10 critical and strategic mineral blocks, bringing the total to 56. This significant expansion includes fi...