regulatory

New Delhi, Kotak Mahindra Bank on Wednesday said it has received RBI approval to sell 70 per cent stake in its general insurance arm to Zurich Insurance Company.In November last year, Zurich Insurance Company announced plans to acquire 51 per cent stake in Kotak Mahindra General through a...

New Delhi [India]: A fire broke out on Wednesday at I7 Chaudhary Eye Center located in Lajpat Nagar of the capital Delhi.On receiving the information around 11.30 am, fire officials immediately reached the spot with 16 fire tenders and tried to control the fire.No injuries or casualties have...

New Delhi, Punjab National Bank (PNB) on Tuesday said it will sell 10 per cent stake in Canara HSBC Life Insurance Company by listing the insurer on stock exchanges.At present PNB holds 23 percent stake in the insurance company.The Board of PNB, in its meeting held today, has approved...

New Delhi [India], The safety and well-being of patients (both outpatient and inpatient), staff and visitors in health care facilities is of utmost importance. Recently, incidents of fire have been reported at some places. The Union Health Ministry said in a press release that these are the...

New Delhi: The government on Monday asked all advertisers and advertising agencies to submit a self-declaration certificate stating that the advertisement does not contain misleading claims and that it adheres to regulatory guidelines.As per the Supreme Court directive issued last month...

New Delhi, Leading broadcaster Zee Entertainment on Monday said it plans to raise funds from the market through various routes including equity issuance of shares and qualified institution placement (QIP).While the company did not disclose the amount it plans to raise, Zee Entertainment...

According to regulatory filings with the US Securities and Exchange Commission (SEC), the latest valuation as of March 31 represents a 24 per cent increase from Barron's previous mark-up of Swiggy's valuation at $12.2 billion.This development comes at a time when Swiggy is preparing for its...

New Delhi: Startup firm World of Circular Economy (WOCE) on Monday said it has launched 'esgpro.ai', an AI-powered platform to help domestic and foreign companies in environmental, social and governance compliance and reporting.The company said it is a game-changer for businesses looking to...

New Delhi: IT major Infosys has been fined US $ 3,142.02 (approximately Rs 2.60 lakh) by the Texas Comptroller of Public Accounts of America.According to a regulatory filing, the penalty was imposed due to non-payment of sales tax for the period April 2024.

New Delhi: The Income Tax Department has imposed a penalty of over Rs 4.68 crore on Larsen & Toubro Ltd, according to a regulatory filing.L&T said in a filing on Saturday that the department imposed a penalty of Rs 4,68,91,352 in connection with tax proceedings on previously owned subsidiary...

ISLAMABAD [Pakistan], The National Electric Power Regulatory Authority (NEPRA) on Saturday announced an increase in electricity tariffs by Pakistani rupee (PKR) 3.25 per unit, which will impose an additional burden of PKR 34 billion on electricity consumers, Pakistan-based The Express Tribune...

New Delhi, Matrimony.com and ShareChat are among four companies that have written to the Ministry of Corporate Affairs, saying they do not agree with the submissions on the draft Digital Competition Bill prepared by industry association IAMAI, of which they are members. Are.They claim that...

According to reports, hackers exposed the data, which reportedly included personal information, credit car details and other information about Ticketmaster customers, selling it on the dark web for $500,000.Now, in a regulatory filing in the US, Live Nation has admitted to the data breach...

Mumbai: The Reserve Bank of India (RBI) on Friday said it has imposed a penalty of Rs 88.70 lakh on SBM Bank (India) for non-compliance of certain regulatory norms.In a statement, the central banks said the penalty has been imposed for non-compliance with the license conditions imposed by the...

New Delhi, Hero MotoCorp on Friday said that Bharatendu Kabi, Head of Corporate Communication, Corporate Social Responsibility, has resigned from the company.In a regulatory filing, Hero MotoCorp CEO Niranjan Gupta said Kabi has decided to step down from his role after nearly two decades of...

New Delhi [India], Pension Fund Regulatory and Development Authority (PFRDA) organized an event at India Habitat Center (IHC) in New Delhi to showcase the efforts of Point of Presence (POP) in expanding the National Pension System (NPS). Assessment was done. ) Distribution Channels for the...

New Delhi: Steps such as adopting international standards, using risk-based regulations and developing modern infrastructure will help further improve the quality of goods manufactured and exported from India, economic think tank GTR said on Friday. Will get it.Global Trade Research Initiative...

New Delhi: India has emerged as a global hub for the GCC, but regulatory compliance remains a major concern for most leaders, a report released on Thursday said.A joint report by industry body NASSCOM and KPMG in India revealed that transfer pricing, SEZ and STPI compliance, labor laws, DPDPA...

New Delhi, CK Birla Group company Orient Electric on Thursday announced the appointment of RS Negi as Managing Director and CEO.According to the company's regulatory filing, its Vice Chairman and Managing Director Desh Deepak Khetrapal has resigned.Negi's appointment will be effective from...

Mumbai: The Reserve Bank on Thursday came out with the final framework for setting up self-regulatory organizations (SROs) in the fintech industry.The rules state that SRO-FTs (fintechs) will operate “with impartiality, credibility and responsibility” under the supervision of the central bank...