The special privileges granted to private equity (PE) investors by listed companies are set to go through shareholders' test. Under new rules introduced by the Securities and Exchange Board of India (Sebi), all such arrangements will require shareholders' nod by way of special resolutions. Legal experts say arrangements that are unfair to other public shareholders may not pass the muster.
The Securities and Exchange Board of India (Sebi) has proposed new regulations to deal with suspicious trading activities-a move that will empower the market watchdog to go after entities making unusual profits without any fundamental basis. The regulator has issued a discussion paper, inviting feedback on the draft of the Sebi (Prohibition of Unexplained Suspicious Trading Activities in the Securities Market) Regulations, 2023, which are aimed at curbing front-running, use of mule accounts, pump and dump schemes, and misuse of social media influencers. Currently, Sebi's Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) and Prohibition of Insider Trading (PIT) Regulations deal with such activities.
Tennis missed an opportunity to send a strong message to Moscow by failing to impose a blanket ban on players from Russia and its ally Belarus after the invasion of Ukraine, World No 1 Iga Swiatek said.
This is in contrast to a Supreme Court judgment of March which said the panel should comprise of the prime minister, the leader of opposition in Lok Sabha and the Chief Justice of India.
A new "unreturnable" spin-serve had caught the attention of the world's top badminton players with even the Indian doubles shuttlers putting in the hard yards to master this latest skill, which many believe can give "unfair" advantage to the players.
Several women wrestlers wrote to Prime Minister Narendra Modi, the IOA and the ad-hoc panel running the WFI, requesting "fair trials" for Asian Games.
The US Citizenship Act 2023 introduced by Congresswoman Linda S nchez creates an earned roadmap to citizenship for all 11 million undocumented immigrants, providing Dreamers, TPS holders, and some farmworkers with an immediate path to citizenship.
Addressing his party workers in Nagpur, the home turf of Fadnavis, Thackeray on Monday said the BJP leader, his former ally, was a taint on the city as he had aligned with a section of the Nationalist Congress Party despite asserting that he would never do so.
The Pulwama widows have been protesting since February 28, demanding a change in rules so that their relatives and not just children can get government jobs on compassionate grounds.
Harbhajan has expressed his massive displeasure with the "lack of respect" for the Saurashtra man and the fact that the yardstick to judge performances hasn't been same for every senior player.
Google, in its latest appeal to the Supreme Court, has said the Competition Commission of India (CCI) is protecting Amazon's interests after having complained that India's anti-competition body (CCI) had copied part of a European Commission ruling against it for allegedly abusing the market dominance of Android. The latest twist to the Google-CCI case comes as Google filed an appeal in the Supreme Court on June 26, against the National Company Law Appellate Tribunal's (NCLAT's) March 29 order. The tech giant's contention is that the NCLAT failed to apply the "effect analysis" part in the CCI order.
'Especially at the hands of men.'
The National Stock Exchange (NSE) has received Rs 300 crore from the Securities and Exchange Board of India (Sebi) following relief from the Supreme Court (SC), which is hearing an appeal by the market regulator in the colocation case. The court on March 20 asked Sebi to return Rs 300 crore to the NSE from the Rs 1,107 crore the exchange had deposited as part of the disgorgement in the case. The NSE had given an undertaking that it will return the entire amount to Sebi if the latter wins its appeal before the SC.
Sukanya Verma gives us a lowdown on all those wonderful movies she saw and movies you need to see as and when they arrive to a screen or streaming space near you.
Faf du Plessis believes Mahendra Singh Dhoni, among others, helped him mature as a leader
The people of Amethi want to rectify their 'mistake' of 2019 and Congress workers as well as leaders are demanding that Rahul Gandhi contest from the constituency in the 2024 Lok Sabha polls, the party's Uttar Pradesh chief Ajay Rai said.
In its set of recommendations, the China Committee said that economic sanctions against China in case of an attack on Taiwan will be most effective if key allies such as G7, NATO, NATO+5, and Quad members join, and negotiating a joint response and broadcasting this message publicly have the added benefit of enhancing deterrence.
Clubbing in multiple weddings in one go dilutes some of the conversation. Conflicts are resolved too neatly and grey areas of complicated equations are left on a note of ambiguity, observes Sukanya Verma after watching the second season of Made in Heaven.
'The space required for wild cheetah populations to thrive was grossly under-estimated.' 'Cheetahs, because of their social system and ecologically fragile nature, live at only 1 cheetah per 100 sq kms even in the best habitats of Africa.'
The Central Consumer Protection Authority (CCPA) on Thursday directed e-commerce entities to sell specified ayurveda, siddha and unani drugs only after customers upload valid medical prescriptions from registered doctors on the platforms.
Parliamentary panel seeks 5-yr jail term and penalty of up to Rs 50 lakh if a celebrity-endorsed product misfires
Champions Manchester City slipped to a shock first Premier League defeat of the season at Wolverhampton Wanderers on Saturday, while Manchester United's campaign of woe continued with a loss to Crystal Palace.
A Canadian parliamentary committee has voted unanimously to urge the border services agency to stop the deportation of nearly 700 Indian students who were duped by unscrupulous education consultants in India to enter the country with "fraudulent college admission letters."
A Judicial member of the appellate tribunal NCLAT has recused himself from hearing a petition filed by tech giant Google, appealing against Rs 936.44 crore penalty imposed by competition watchdog CCI for abusing its dominant position with respect to Play Store policies. On Monday, NCLAT bench Justice Rakesh Kumar and Alok Srivastava ordered Google's appeal to be listed before another bench of which Justice Rakesh Kumar is not a party. It has asked the registry of the National Company Law Appellate Tribunal (NCLAT) to place it before the chairman of the appellate tribunal for this.
Archana Gautam seems to have lost the plot after her comeback in the game, but she's definitely more gutsy than any other contestant.
The Marylebone Cricket Club (MCC), the guardians of the laws of cricket, stamped its seal of approval on Deepti Sharma's run out of Charlotte Dean at the non-striker's end which saw India win the third women's ODI against England at Lord's.
Senior Tesla executives including those from its supply chain are planning to come to India on Wednesday and Thursday for meetings with government officials, including those in the Prime Minister's Office, according to sources. Prashant R Menon, director of Tesla India, did not respond to a specific query on the meetings. Sources say that the executives are coming to see how they can expand and develop local sourcing of components from India for the Tesla car.
The 19-year-old Panghal put up a dominant show in the 53kg category, winning all her bouts without much fuss.
Real Madrid will join the complaint filed on Friday by Spanish prosecutors against Barcelona and two of the LaLiga club's ex-presidents over alleged payments to a company owned by a senior refereeing official to influence match results.
Reliance Jio has suggested an alternative plan to the The Telecom Regulatory Authority of India (Trai) under which spectrum required by non-geostationary orbit satellite (NGSO) operators to run their gateway terminals should be auctioned geographically, based on districts, rather than circles as done for mobile services. For spectrum which would be required to connect user terminals (like individual homes), Jio has suggested it should be auctioned frequency-wise and exclusively to an operator at a pan-India level. The move is significant as the auctioning of satellite space spectrum has been vehemently opposed by low earth orbit satellite operators (satellites which circle at low altitudes of 200-2000 km).
The following is the timeline of the chain of events that led to the suspension of the Wrestling Federation of India by UWW, the sport's global governing body.
The National Company Law Appellate Tribunal on Wednesday directed Google to pay 10 per cent of the Rs 1,337.76-crore penalty imposed on the tech giant by fair trade regulator CCI. A two-member bench, however, declined to grant any immediate stay the operations of Competition Commission of India (CCI) penalty and said it would pass any order after hearing out other parties. The appellate tribunal has issued notices to CCI and directed to list the matter on February 13, for hearing over interim stay.
World Athletics (WA) banned transgender women from elite female competitions.
Hours before his arraignment, former US president Donald Trump sent an email to his supporters, which he claimed was the last one before his arrest, saying that the United States is becoming a "Marxist Third World" country and went on social media questioning the fairness of the judiciary.
'It was emotional with the ups and downs. South Korea did very well, pushed and pressed us.'
At the summit, the US is able to play the role of a bully.
Amid rising consumer complaints, the Central Consumer Protection Authority (CCPA) on Monday barred hotels and restaurants from levying service charge automatically or by default in food bills and allowed customers to file complaints in case of violation. The CCPA has issued guidelines for preventing unfair trade practices and violation of consumer rights with regard to levying of service charge. "No hotels or restaurants shall add service charge automatically or by default in the bill," CCPA chief commissioner said in the guideline.
The IOA ad-hoc committee on Wednesday decided to hold much-awaited Asian Games wrestling trials on July 22-23.
"Simona Halep, a 31-year-old Romanian tennis player, has been provisionally suspended under Article 7.12.1 of the 2022 Tennis Anti-Doping Programme (TADP)," the body said in a statement.
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