Twitter has 'withheld' about 35 tweets following a legal request from the Indian government, as per information on the Lumen database.
"Employees should be directed that any market-related news received by them either in their official mail/personal mail/blog or in any other manner should be forwarded only after the same has been seen and approved by the concerned intermediary's compliance officer....The compliance officer shall also be held liable for breach of duty in this regard," SEBI said in an addendum.
The Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines that will allow car dealers to become Motor Insurance Service Providers (MISP) and offer the policies of multiple general insurers, says Sanjay Kumar Singh.
Google received over 27,700 complaints in April this year from individual users in India over alleged violation of local laws or personal rights, which resulted in the removal of 59,350 pieces of content, the company said in its maiden monthly transparency report.
Twitter has 'withheld' 50 tweets related to a communally sensitive video clip of an elderly Muslim man in Ghaziabad, Uttar Pradesh on the microblogging platform, according to sources.
Currently, banks follow system of internal benchmarks, including Prime Lending Rate, Benchmark Prime Lending Rate, Base rate and Marginal Cost of Funds based Lending Rate.
Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu.
Under Sebi guidelines, AIFs can operate broadly in three categories.
The company is a facilitator of taxis (therefore an intermediary) and is best governed under the IT Act said Neeraj Singhal, Uber's head of expansion in India.
Maharashtra Chief Minister Uddhav Thackeray announced a statewide curfew for 15 days from 8 am on April 14 to contain the rapid spread of the coronavirus in its second wave. With Section 144 being imposed across the state, Thackeray essential services have been exempted from the restrictions. The curfew will be in place till 7 am on May 1.
The Indian market regulator had revamped the FPI regulations in 2014 giving custodians the mandate to collect and verify the KYC documentation of offshore investors
KYC done while opening a bank account can be used to open a mutual fund account.
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A non-compliance with FATCA entails 30 per cent withholding tax on certain US source payments.
Customers should be fully aware of what their policy covers and should follow claim procedures meticulously, says Sanjay Kumar Singh.
They have also been accused of extending loans for criminal intent of falsification of repayment by a number of borrowers, including some entities associated with large corporate groups.
Listed entities would have to co-operate with intermediaries registered with Sebi such as debenture trustees and credit rating agencies
Experts said the rules will help curb market manipulation and money laundering, which could take place during the transfer of shares between residents and NRIs.
Leading stock exchange BSE has initiated a process of putting in place a new risk-based model for supervision of market entities including brokers, taking forward a new model proposed by regulator Sebi in this regard.
The market intermediaries have also been told to appoint designated directors to ensure compliance with new norms, who would face penal action for any lapses.
Experts say it is difficult to determine country of origin where most products are manufactured and sold, as part of a complex global value chain.
While there's tax arbitrage advantage in ULIPs now, experts say investors should prefer mutual funds for long-term savings.
The micro-blogging platform hopes its new emphasis on governance would help differentiate it from Facebook and Instagram.
The online pharmacy market, which was worth about $512 million in 2018, is growing at a CAGR of 63 per cent and is expected to hit overall revenues of over $3.6 billion by 2022.
As the Centre's decision ahead of the end of the 40-day lockdown brought cheers to lakhs of migrant workers across the country, quarantine centres and shelter homes were also being readied for the returning migrants with Uttar Pradesh alone preparing to receive an estimated 10 lakh people.
A social stock exchange, broadly, is understood to be a platform that allows investors to buy shares, bonds or units in a social enterprise that has been vetted by the exchange. These allow firms operating in sectors such as health, environment and transportation to raise risk capital.
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If we can come up with ways of sharing property rights on the internet, why not do something similar in urban spaces, asks Ajit Balakrishnan.
For next fiscal, the minority stake sale target has been kept at Rs 36,000 crore.
Terming the government's claim of allocating grants to IOA as 'misleading', the top sports body has asked the Sports Ministry to stop the practice as the money was only meant for meeting the expenses of the athletes during the multi-sporting events.
Banks cannot shirk their responsibility in cases of frauds.
Besides 15 loan transactions to the Siva group of companies, the former directors also used unique methods to ensure the group did not get into the default list.
Lending on peer-to-peer platforms is fraught with higher risks but investors can earn as much as 12% to 36%.
While the market regulator's recent note on portfolio management schemes has kicked up a storm, that is not the only pain point for businesses, says N Sundaresha Subramanian.
The KYC parameters now include declaration of the gross annual income or net worth.
The argument that existing rules do not apply to them will no longer hold ground.
Market regulator also announces measures for mutual funds sector.
In advanced economies where the financial system is more matured, the form of shadow banking is more of risk transformation through securitisation.
