In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.
The Allahabad High Court has issued a detailed procedure for conducting criminal trials in the absence of proclaimed offenders, as per section 356 of the Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023, aiming to ensure speedy justice.
New capital exposure norms implemented by the Reserve Bank of India (RBI) from July 1 have led to a noticeable drop in trading volumes, with Multi-Commodity Exchange (MCX) options premium ADTV falling by nearly 40 per cent in early July.
The Indian Railway Ministry has issued a new circular allowing sportspersons to carry oversized and bulky sports equipment, such as javelins, on trains. This relaxation, however, excludes pole-vault poles due to technical feasibility. The equipment can be transported in designated luggage spaces on a priority basis, subject to freight charges, and existing weight limits will not apply.
Indian companies' overseas expansion plans are holding strong despite geopolitical tensions in West Asia, driven by structural factors like supply-chain diversification, free trade agreements, and market expansion, according to Ajay Sharma, managing director and head of banking at HSBC India.
BCCI introduces strict IPL 2026 rules, banning shared practice pitches, enforcing team bus travel, dress codes and limiting net sessions to ensure fairness.
Nine patients, including eight women and a minor, died after undergoing surgery in obstetrics and gynaecology departments at government hospitals in Bhilwara and Banswara, prompting the Rajasthan government to launch expert inquiries into the incidents.
The English Premier League has clarified its refereeing guidelines for the upcoming season, specifically addressing incidents of hair pulling. A red card will be issued for excessive force, while deliberate but less forceful hair pulling will result in a yellow card. The league also announced stricter scrutiny on holding and increased protection for goalkeepers.
Two nannies at a daycare centre on an IT firm's campus in Bengaluru have been arrested for allegedly abusing toddlers. The arrests followed viral videos showing caregivers threatening and mistreating children, prompting a strong response from Karnataka's Home Minister and the IT firm, Capgemini.
India's Ministry of Electronics and Information Technology (MeitY) has sought an explanation from WhatsApp regarding its username feature, citing concerns over potential cybercrime facilitation. Concurrently, the ministry is investigating reported data leak allegations involving Tata Electronics, a key supplier for Apple's iPhone components in India. MeitY is also exploring techno-legal solutions for VPNs to address challenges posed by unregistered providers operating from outside India.
Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.
India's IT Secretary S Krishnan announced that the government is considering a dedicated regulatory framework for Artificial Intelligence, moving beyond existing IT rules to address challenges like deepfakes and synthetic content. This comes as global policymakers grapple with AI's rapid emergence and its implications.
The CBSE has issued revised guidelines for its three-language policy, granting a one-time exemption to current Class 10 students from studying three languages. Class 9 students will still study three languages but can include two foreign languages and one Indian language, a significant shift from earlier mandates.
The Tamil Nadu government has made physical education classes mandatory for students from Class 6 to 12 in all schools, including private institutions, starting this academic year. Detailed guidelines have been issued, and officials will monitor compliance, identify unused playgrounds, and promote special sports training.
The India Meteorological Department has issued a 'red' alert for Mumbai, Thane, and Raigad districts, forecasting heavy to very heavy rainfall and strong winds. Residents are advised to avoid unnecessary travel, and warnings include potential flash floods, structural damage, and disruptions to essential services. The Brihanmumbai Municipal Corporation has also urged caution and deployed officials to monitor the situation.
The Sports Ministry, led by Mansukh Mandaviya, has announced stringent selection criteria for the upcoming Asian Games, capping the contingent at 600 athletes. The policy prioritises medal prospects, stating that the Games are not for "exposure tours" or securing jobs. This includes a "realistic chance of winning a medal" and being in the top six continental rankings. The ministry will scrutinise recommendations from National Sports Federations, with specific cases like equestrian Anush Agarwalla and table tennis player Manika Batra highlighting the new approach.
Customs officials at Mumbai international airport intercepted an Indian passenger arriving from Bangkok with 29 exotic wild animals, including a gibbon, melanistic squirrel, ball python, and iguana. A rescue team was called to identify and stabilise the animals, which will be repatriated to their country of origin.
An Indore court rejected the anticipatory bail plea of Congress councilor Fauzia Sheikh Alim, who is accused of refusing to sing 'Vande Mataram' during a municipal corporation meeting, citing a prima facie case under BNS section 196(1).
Taxpayers should reconcile returns with AIS, Form 26AS and maintain all supporting records.
Amitabh Jhunjhunwala, former Managing Director of the Anil Dhirubhai Ambani Group, has been remanded in CBI custody in an alleged bank fraud case involving Reliance Commercial Finance Limited (RCFL) worth Rs 9,280 crore. The CBI alleges misappropriation of loan funds and violations of RBI guidelines, while Jhunjhunwala's lawyers claim he is a scapegoat.
90 per cent of institutions recorded no improvement in international student metrics, despite government initiatives such as the Study in India programme, UGC regulations on internationalisation, and efforts to attract foreign students.
An Home Loan Protection Plan repays the outstanding loan if the borrower dies or suffers a covered disability.
Maharashtra Chief Minister Devendra Fadnavis announced the formation of a committee of women legislators to amend laws and ensure effective implementation against harassment and religious conversion in the corporate sector. This decision follows an incident at a TCS unit in Nashik involving alleged exploitation and forced conversion, which is currently under SIT investigation. Probes have also been ordered into similar complaints at a Spanish multinational in Pune and a government ITI in Solapur, highlighting a broader issue of workplace misconduct.
Maharashtra Chief Minister Devendra Fadnavis has ordered probes into multiple allegations of sexual harassment and forced religious conversion at a Spanish multinational in Pune, a government-run ITI in Solapur, and a TCS unit in Nashik. The CM highlighted a pattern of such incidents in corporate firms and suggested forming a panel of women legislators to review existing laws and recommend improvements.
The Food Safety and Standards Authority of India (FSSAI) has clarified that the display of expiry and 'best before' dates on packaged food products sold on e-commerce platforms is governed by the Legal Metrology (Packaged Commodities) Rules, 2011, which are administered by the Department of Consumer Affairs (DCA).
'Dark patterns exploit human psychology, cognitive biases, urgency, confusion, or lack of attention to increase revenue for digital platforms at the expense of consumer choice and transparency.'
A woman was arrested in Gurugram for allegedly hurting religious sentiments after uploading a video claiming to have cooked beef for the West Bengal Chief Minister. She was denied bail, and her mobile phone was seized for forensic examination, with the next hearing set for June 8.
The Delhi government's Women and Child Development Department (WCD) has introduced a new internship and research framework, offering students in social work, psychology, and related fields structured field exposure at child care institutions and welfare centres.
India's race walk coach Ronald Weigel has urged national selectors to consider the extremely humid conditions during the National Inter-State Championships when picking the team for the upcoming Asian Games. He highlighted how tough weather significantly slows down endurance athletes and suggested holding future selection events in more favourable conditions like Bengaluru.
FIFA's 'Debut FIFA World Cup' sleeve patch for the 2026 tournament is designed to celebrate first-time players and personalise kits.
The 5th Bonus Asia Cup Bridge Championships are set to begin in Goa, featuring nearly 300 players from 16 countries. Defending champions India will compete across various categories, facing strong contenders like Hong Kong and Indonesia. The event, described as the "Asian Games of bridge," highlights India's growing role in the sport.
A consumer court in New Delhi has directed the Bank of India to refund Rs 10,000 to a woman and provide additional compensation for a failed ATM transaction that was not reversed for several months, citing deficiency in service and violation of RBI guidelines.
The Allahabad High Court's Lucknow bench ordered the immediate release of a minor, criticising the police and a judicial magistrate for illegally detaining him without verifying his age and failing to follow Supreme Court guidelines on juvenile justice. The court has sought affidavits from the officials involved.
The Telangana Prisons and Correctional Services Department facilitated the release of 91 life convicts who were granted special remission by the state government. The released prisoners include 85 men and six women, all of whom were found eligible for remission under the government's prescribed guidelines.
A 59-year-old woman in Malappuram district has died of a Shigella infection, the Kerala health department confirmed on Friday. Officials also reported 18 fresh cases of the bacterial disease across the state.
All India junior ranking medallists Tanvi Patri and Abhinav Garg will spearhead the Indian contingent at the Badminton Asia Junior (U-19) championships in Yatsushiro, Japan, from June 26 to July 5. The Badminton Association of India (BAI) is confident of a strong performance and multiple medals from the squad, which includes direct selections and players chosen through trials.
The National Testing Agency (NTA) has implemented extensive security and logistical arrangements, including AI-based CCTV monitoring, biometric verification, and police escorts, to ensure the smooth, secure, and transparent conduct of the NEET-UG 2026 re-examination.
The Delhi government is establishing a multidisciplinary committee to develop a regulatory framework for coaching institutes. This initiative follows recent tragedies, including the Saket building collapse and the Old Rajendra Nagar coaching centre incident, and aims to address issues like fee structures, student safety, infrastructure, and grievance redressal.
Karnataka's chief minister-designate D K Shivakumar and outgoing chief minister Siddaramaiah congratulated Royal Challengers Bengaluru on winning their second consecutive Indian Premier League title. Shivakumar criticised IPL organisers for moving the final match venue to Gujarat, calling it an injustice to Karnataka and alleging political motivation.
The Bihar Education Department has directed all private and government-aided schools to adhere to NCERT guidelines, ensuring school bag weight does not exceed 10 per cent of a child's body weight. Schools must install weighing scales and monitor bag weights regularly, with violations leading to action.
