SEBI released an official list of Significant Indices that includes major benchmarks such as Nifty 50, Nifty Bank, and Sensex. Index providers managing these benchmarks must comply with the SEBI (Index Providers) Regulations, 2024.
The ROC imposed penalties after a company extended its rights issue offer period following requests from promoter shareholders. The adjudication order clarified that the Companies Act restricts rights issue offers from remaining open for more than 30 days.
The appellate authority found that the company complied with private placement provisions by safeguarding funds in a separate account. The ROC’s penalty order was set aside. The decision highlights evidentiary verification as key in adjudication proceedings.
The issue involved alleged violation in handling share application money under company law. The ruling held that maintaining funds in a separate account ensured compliance, leading to penalty removal.
The issue involved alleged misuse of share application funds under company law provisions. The authority ruled that compliance was established through proper bank account usage, leading to penalty removal.
The circular addresses continued trade challenges caused by maritime disruptions. The Board extended the validity of multiple facilitative circulars without altering existing conditions.
The update introduces four new input-output norms for specified chemical products. It allows direct approvals by authorities, reducing delays and improving consistency in export processes.
The issue involved foreign investment limits in the insurance sector under FEMA regulations. The amendment allows up to 100% FDI under the automatic route, subject to regulatory compliance. The change aims to boost foreign participation while ensuring oversight.
The data highlights a sharp increase in GST collections driven by import-related IGST. It confirms strong revenue performance and improved tax buoyancy.
The circular addresses uncertainty in FLA reporting FAQs under FEMA. It directs institutions to pause action until regulatory clarity is achieved, ensuring compliance consistency.
