According to a report by Business line, the government is thinking to cap royalty payment to foreign firms. This move is expected to be taken up in cabinet sometime soon.
The concept of trading plan was introduced in India by the SEBI (Prohibition of Insider Trading) Regulations, 2015 (The PIT Regulations). Every company has persons holding key managerial positions or promoters who are involved in decision making and are perpetually in possession of Unpublished Price Sensitive Information (UPSI).
