New Delhi: The ED on Wednesday said it arrested three people, including a chartered accountant and a resolution professional, as part of a money laundering probe related to an alleged bank loan fraud linked to the recovery of control of a company NCLT insolvent.Chartered accountant (CA) Rakesh...
NEW DELHI: TD Power Systems on Tuesday said it has received an order worth US$9.28 million for gas turbine generators from a leading US original equipment manufacturer.These generators will primarily be used in fracking wells, power supply and backup power for artificial intelligence server...
New Delhi: The Financial Intelligence Unit (FIU) has imposed a fine of Rs 18.82 crore on Binance, the world's largest cryptocurrency exchange, for alleged contravention of the country's anti-money laundering law.The federal agency issued an order on Thursday accusing the exchange of...
New Delhi, The Financial Intelligence Unit has imposed a fine of Rs 18.82 crore on Binance, one of the world's largest crypto exchanges, for alleged contravention of the country's anti-money laundering law.The federal agency issued an order on Thursday accusing the exchange of "dereliction of...
OTTAWA [Canada], Canada listed Iran's Islamic Revolutionary Guard Corps (IRGC) as a terrorist entity under the criminal code on Wednesday (local time) after years of mounting pressure. Dominic LeBlanc, Canada's Minister of Public Safety, Democratic Institutions and Intergovernmental Affairs...
New Delhi: APL Infrastructure, the promoter entity of APL Apollo Tubes, on Friday sold a little more than 1 per cent stake in the company for Rs 485 crore through an open market transaction.According to bulk deal data available with the National Stock Exchange (NSE),APL Infrastructure sold...
Currently, 140xxxxx series has been allotted to telemarketers for promotional/service/transactional voice calls.The Department of Telecommunications (DoT) said in a statement that since the 140xx series is being used extensively for promotional calls, "subscribers generally do not respond to...
10-digit
140xxxxx
allotted
calls
citizens
department
entity
promotional/service/transactional
series
service/transaction
statement
telecommunications
telemarketers
used
voice
Mumbai: The Reserve Bank on Tuesday launched three key initiatives, including a mobile app, to enable retail investors to participate in the government securities (G-Sec) market.Additionally, the central bank launched the Pravah portal for any individual or entity to apply online for various...
Mare Maritime, a leading entity in shipping, trading and logistics, is taking a big step by establishing its presence in India. The new headquarters in Mumbai's Bandra Kurla Complex underlines the company's strategic intent to take advantage of India's growing market. Founded by Captain Rohit...
New Delhi, Capital markets regulator SEBI on Thursday proposed relaxation in the framework related to valuation of investment portfolio or Alternative Investment Fund (AIF).Sebi said these relaxations include changes in the calculation of valuation of investment portfolio of AIFs, changes in...
New Delhi, Market regulator SEBI has revamped the methodology for calculating the market capitalization of listed companies under the Listing Obligations and Disclosure Requirements (LODR) rules.Listed companies will now use the "average market capitalization" for a six-month period instead of...
New York [US], The US administration on Thursday added 26 textile entities such as merchants and warehouses to its forced labor entity list for alleged links to Uyghur labor camps in China's Xinjiang, Nikkei Asia reported. This latest decision will now ban the products. Related to these...
New Delhi, After disinvestment and acquisition of Tata Group in January 2022, Air India Limited (AIL) will cease to be a State or its subsidiary under Article 12 of the Constitution, and no case for alleged violation of fundamental rights will lie against it. The Supreme Court gave its verdict...
New Delhi, After disinvestment and acquisition of Tata Group in January 2022, Air India Limited (AIL) will cease to be a State or its subsidiary under Article 12 of the Constitution, and no case for alleged violation of fundamental rights will lie against it. The Supreme Court gave its verdict...
The company said the new entity will be listed later and will reflect the shareholding of Siemens Ltd upon receiving the necessary approvals.According to the scheme of arrangement, shareholders of Siemens Limited will receive one share of Siemens Energy India Limited for every one share of...
Kohima (Nagaland) [India], Following the charter of demand of Dimapu Chamber of Commerce and Industry (DCCI) regarding indefinite strike in the state, the Nagaland government has responded that it does not support it and completely Against illegal bandh. Demand for taxation or extortion by any...
Mumbai: The Reserve Bank of India on Monday proposed a revised regulatory framework for electronic trading platforms (ETPs) in view of the increasing integration of onshore forex markets with offshore markets.Market makers are also requesting the Reserve Bank to allow access to offshore ETPs...
New Delhi, The Institute of Chartered Accountants of India (ICAI) has passed an order against three associates and a retired partner of auditing major EY for "professional misconduct".Further, ICAI has issued an order against S V Ghatalia & Associates, LLP and its partner for professional...
New Delhi, The Institute of Chartered Accountants of India (ICAI) has passed an order against three associates and a retired partner of auditing major EY for "professional misconduct".Further, ICAI has issued an order against S V Ghatalia & Associates, LLP and its partner for professional...
LSPs are entities appointed by banks or NBFCs to perform certain functions such as customer acquisition, underwriting and loan recovery on digital platforms. In some cases, a regulated entity may also act as an LSP.RBI's draft guidelines state that banks and NBFCs should ensure that their LSPs...