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REGULATORY ISSUES
Sebi tweaks rules on handling of unpaid securitiesThe Securities and Exchange Board of India has simplified rules for stockbrokers handling unpaid client securities. A new automated pledge ...- Supreme Court halts CAG audit of Delhi power discomsThe Supreme Court has put a temporary halt on the CAG's audit of Delhi's three private power distribution companies. Additionally, it order...
- RBI imposes Rs 66.7 lakh penalty on Bank of Baroda, GIC Housing FinanceThe Reserve Bank of India has levied significant penalties on Bank of Baroda and GIC Housing Finance for regulatory breaches. Bank of Barod...
- DERC tweaks regulation for EV charging infra expansion in Delhi, utilisation of PM E-DRIVE subsidyUnder the existing Delhi Electricity Regulatory Commission (Supply Code and Performance Standards) Regulations, demand notes for low-tensio...
- SC halts Delhi government's CAG audit of private discomsThe Supreme Court has put a hold on a CAG audit of three private power discoms in Delhi, a move initiated by the Delhi government concernin...
- Red Bull, Campa, Monster and other beverage cos get notices over 'energy drink' claimsIndia's food regulator, FSSAI, has cracked down on major beverage brands like Red Bull and Monster, issuing notices for using the 'energy d...
- Unchecked AI use in courts could be 'catastrophic': SCThe Supreme Court has issued a stern warning regarding the unchecked use of artificial intelligence in legal proceedings, deeming it potent...
- Medical device maker Zimmer Biomet to hire 500 employees in 3 years for tech centre in IndiaMedical device giant Zimmer Biomet is set to significantly expand its Indian footprint by hiring 500 professionals over three years for its...
- Zepto’s ops structure sparks regulatory fear ahead of IPOUnlike Blinkit's inventory-led model or Swiggy-owned Instamart's marketplace structure, Zepto combines wholesale operations with a marketpl...
- Delhi govt orders CAG audit of power discoms over regulatory assets issueDelhi's power discoms are facing a CAG audit following a massive Rs 38,500 crore in accumulated Regulatory Assets. The Delhi government ord...
- GST on subscription ride-hailing platforms like Rapido and Bharat Taxi may hit driver earnings: ReportA new report warns that extending GST to subscription-based ride-hailing platforms like Rapido could significantly impact drivers and passe...
- Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take partParliament's Standing Committee on Finance is set to scrutinize the regulatory future of Virtual Digital Assets (VDAs) on July 2nd. The com...
- Valar nuclear startup partners with Nvidia on data center aiming to conserve waterCalifornia-based Valar announced the partnership in Utah at the site of its small nuclear plant called a microreactor. It also ran a demo...
- WhatsApp usernames’ India hiccup; Zepto’s unusual legal structureWhatsApp’s big bet on usernames has hit a regulatory speed bump in India. This and more in today’s ETtech Morning Dispatch.
- Bharti Airtel's NBFC arm begins commercial operationBharti Airtel's non-banking financial arm, Airtel Money, has officially begun its commercial operations after securing a license from the R...
- Saudi Arabia extends work permit compliance deadline for foreign workers until December 2026Saudi Arabia has granted a significant reprieve to foreign workers and their employers, extending the deadline to regularize work permit st...
- Global Market: Financial firms shift Asia expansion focus to South Korea, take cautious stance on China and IndiaGlobal financial firms are increasingly prioritising South Korea for Asia-Pacific expansion while adopting a cautious approach towards Chin...
- Capri Global eyes up to $500 million offshore bond issueCapri Global Capital is venturing into international markets for the first time, planning to raise $300-500 million through overseas bonds....
- Yes Bank to raise up to $1.7 billion via equity, debt issueYes Bank is poised to raise up to ₹160 billion through a strategic mix of equity and debt offerings. The board has approved an equity issua...
- Suryoday SFB board approves plans to raise up to Rs 500 crore via equity and debtSuryoday Small Finance Bank's board has greenlit plans to raise up to Rs 300 crore through share sales and Rs 200 crore via debt instrument...
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