There was no law or autonomous body governing digital content in India so far. Now, OTT and other platforms, including digital news websites, are expected to fall within a governmental framework of rules and regulations.
Abu Dhabi national carrier had bought 24 per cent stake in Jet Airways for $379 million in April.
Infosys pointed out that it is not uncommon for plaintiffs' lawyers to issue press releases or other media communications asking potential plaintiffs to contact them in order to apply for lead plaintiff status in an existing lawsuit. In October, Infosys had informed the stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management.
The main purpose of the meeting is to assess their views on reforms that are required to attract long-term capital into the country.
The Centre is mulling over creation of an independent body to regulate the country's vast retail sector. The retail regulatory authority would ensure a level playing field for indigenous retail traders if the government opens the sector to more foreign participation. The Ministry of Consumer Affairs and Food has convened a meeting on July 8 in Delhi to discuss this and other proposals and chart a comprehensive plan for the sector, according to the agenda paper of the meeting.
The investment limit for news and current affairs TV channels has been retained at 26 per cent.
According to sources familiar with the development, Sebi has decided to make references to the Ministry of Corporate Affairs and the Department of Revenue, citing violations of the Acts these bodies govern.
Amazon CEO Jeff Bezos is in India this week and is expected to meet top government functionaries, business leaders and SMBs.
Trump has been aggressively promoting the use of hydroxychloroquine in the treatment of COVID-19 patients.
Walmart is likely to buy stakes of multiple Flipkart investors, including that of Tiger Global Management and Softbank to end up with a significant majority holding
Leading mobile phone operators came down hard on the telecom regulator on a day when most saw their stocks on a crash course.
In three separate but similarly-worded orders, Sebi said the default by IL&FS occurred due to "lethargic indifference and needless procrastination and laxity" of the rating agencies.
The Ministry of Corporate Affairs wants to shed its stern regulatory image and acquire a gentler, corporate-friendly reputation. The new mantra is to be a facilitator in corporate growth instead of just another regulator.
A crackdown on shell companies, increased regulatory compliance and failure of companies to avail bank credit, and defaulting on loans are some of the reasons cited by accounting professionals for the closure of such a large number of companies
The move is aimed at protecting investors from parking their money in dubious schemes.
The G-20 meeting of finance ministers and central bank governors at London recently discussed the issue of high salary and bonuses.
This second report is expected to go deeper into the matter and look at all new facts that may have come up.
Though no peripheral burning is taking place at the moment at the well's site at Baghjan, the company has declared an area up to 1.5 km radius as "red zone" to avoid any untoward incident and harm to the general public.
'The Gogoi episode can lead to our evolving a rational way to get better people who will head our checks and balances of democracy,' says former Chief Information Commissioner Shailesh Gandhi.
Barring a few, most of the B-schools end up as mere fillers for aspiring students, says Ramesh Kailasam. India needs to have more focused B-schools which are qualitative and practical oriented to churn out students ready to take on the challenge to steer India Inc. and the nation forward.
Auditors and promoter entities linked to the UB Group have come under scanner of multiple regulatory agencies for alleged irregularities.
Interestingly, in his entire remarks, Modi never once mentioned regional security, Ambassador M K Bhadrakumar points out.
An airfare regulatory authority likely soon.
Corporate Affairs Secretary Injeti Srinivas said the issue is how the interests of stakeholders are to be balanced
Major gainers in the Sensex pack were Hero Motocorp, which rallied 7.01 per cent, followed by Bharti Airtel (6.69 per cent), Yes Bank (5.30 per cent), Adani Ports (4.90 per cent), Tata Steel (3.75 per cent) and Bajaj Auto (3.70 per cent).
Virtual currencies don't have any intrinsic value and are not backed by any kind of assets.
The agreement between the two has a long stop date clause, stipulating that all approvals be secured by then.
Britain has finalised 1 billion pounds worth of new trade and investment with India, creating over 6,500 jobs in the UK, to be signed off at a virtual summit between Prime Minister Boris Johnson and his Indian counterpart Narendra Modi on Tuesday. The investments confirmed by Downing Street on Monday evening form part of an Enhanced Trade Partnership (ETP), which will set the ambition to double the value of UK-India trade by 2030 and declare a shared intent to begin work towards a comprehensive Free Trade Agreement (FTA). "Like every aspect of the UK-India relationship, the economic links between our countries make our people stronger and safer," Johnson said.
To curb rising food prices, the Union government is contemplating using large-scale nuclear irradiation technologyfor increasing the shelf life of fruit and vegetables, particularly that of onions and potatoes.
The measures include operationalising of standards on food additives for use in various categories.
In its consultation paper Trai addressed three key points including the bundling of channels under bouquets, rampant discounting within bouquets, and the lack of consumer choice.
Currently, Deloitte, EY and KPMG with their associates work as statutory auditors of most of the top league domestic IT services firms. Owing to many alleged auditing lapses, the regulators have either imposed restrictions on the audit firms or are seeking to do so.
The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.
The payments industry is at a crossroads with the banking regulator on two pressing issues, neither of which seems headed towards an amicable solution. Depending upon which side accommodates the other, customers in India will have to choose between convenience and ironclad safety. In the end, the Reserve Bank of India (RBI), which regulates both banks and all payments services providers, will prevail. But the question is: will it do so by bending a little or by sticking to its firm stand? The two issues - one concerning payment facilitators storing customers' card details and the other about auto-renewal of payments - appear similar but aren't.
At present, the FDI limit for FM radio companies is 20 per cent. A senior Trai official has indicated that it could recommend an increase between 26 and 74 per cent.
Reliance Power is yet to get a new CEO after J P Chalasani quit as managing director and chief executive officer.
Interchange fee is the amount charged by ATM operators for every transaction.
The crisis at the bank is attributed to loans made to realty player Housing Development Infrastructure Ltd, which were allegedly hidden from regulators' scrutiny, turning non-performing assets.
Probe has been completed against 83.
RBI Governor Shaktikanta Das on Friday said that inflation is on a declining trajectory, as it has fallen by 170 basis points from its January 2020 peak. Retail inflation fell to four-month low of 5.91 per cent in March over the previous month, mainly due to easing food prices.
