News for 'compliance'

Sebi revises REITs, InvITs disclosure norms for offer documents

Sebi revises REITs, InvITs disclosure norms for offer documents

Rediff.com7 May 2025

Sebi on Wednesday revised the disclosure requirements for Real Estate Investment Trusts and Infrastructure Investment Trusts, revising norms related to financial information in offer documents and post-listing disclosures. Under the new rules, REITs and InvITs issuing offer documents or follow-on offers must disclose audited financial statements for the last three financial years and a stub period, if applicable, Sebi said in two separate circulars.

No major issues in Air India's Boeing 787 fleet post-crash: DGCA

No major issues in Air India's Boeing 787 fleet post-crash: DGCA

Rediff.com18 Jun 2025

Amid mounting safety concerns and the cancellation of at least 66 flights that were to be operated with Boeing 787 Dreamliner aircraft, DGCA officials held a detailed review meeting with top Air India and Air India Express executives.

US Tariffs: India Draws Red Lines Around Farm Commodities

US Tariffs: India Draws Red Lines Around Farm Commodities

Rediff.com7 Jul 2025

Very sensitive items -- such as apples, which carry political weight and are closely tied to farmer interests in states like Himachal Pradesh and Uttarakhand -- may face restricted concessions.

Delhi govt urges Centre to suspend fuel ban on old vehicles

Delhi govt urges Centre to suspend fuel ban on old vehicles

Rediff.com3 Jul 2025

The Delhi government has requested the Centre's air quality panel to suspend the fuel ban on older vehicles, citing implementation challenges and public discontent. The government is also seeking solutions to restrictions on end-of-life vehicles.

EB-5 Visa Becoming Preferred Choice For US Migration

EB-5 Visa Becoming Preferred Choice For US Migration

Rediff.com24 Jun 2025

With more than 1.2 million Indians stuck in green card backlogs, investor-driven EB-5 programme sees rising interest as a secure route for migration to the US.

Should You Take Possesion Of House Without An OC?

Should You Take Possesion Of House Without An OC?

Rediff.com14 May 2025

Taking possession without an OC can lead to legal complications, denial of utilities such as water and electricity, hurdles in availing home loans or reselling the property, and even eviction.

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Sebi sets up panel to look into 'unbundling' of 'black box' charges by clearing corporations

Rediff.com19 Jun 2025

The Securities and Exchange Board of India (Sebi) on Wednesday announced a slew of measures to ease the compliance burden in the stock markets ecosystem, encourage more companies to list on the bourses after reverse flipping to India, and facilitate greater foreign fund flows into government bonds.

Char Dham helicopter services suspended for 2 days after fatal crash

Char Dham helicopter services suspended for 2 days after fatal crash

Rediff.com15 Jun 2025

After chairing an emergency meeting with senior officials to discuss the situation, Chief Minister Pushkar Singh Dhami said that heli services on the Char Dham route will remain suspended for two days, as the weather is bad and the safety of the passengers is the government's top priority.

Air India crash: Rupani's mortal remains identified, probe intensified

Air India crash: Rupani's mortal remains identified, probe intensified

Rediff.com15 Jun 2025

Chief Minister Bhupendra Patel met the family members of Rupani and informed them about the DNA match, state Health Minister Rushikesh Patel said.

Where Have All The Share Buybacks Gone?

Where Have All The Share Buybacks Gone?

Rediff.com15 May 2025

Without changes to the taxation rules, buybacks are expected to remain scarce.

Working Post Maternity Like Deepika? Know Your Rights

Working Post Maternity Like Deepika? Know Your Rights

Rediff.com10 Jun 2025

Shruti Swaroop, founder of Embrace Consulting, tells you why Deepika Padukone's quiet protest should inspire you to understand your maternity benefits and plan your return to work with confidence, not compromise.

Russia's Rosneft in early talks with Reliance to sell stake in India unit

Russia's Rosneft in early talks with Reliance to sell stake in India unit

Rediff.com29 Jun 2025

Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil Corporation (IOC) to become India's No.1 oil refiner as well as give a meaningful presence in the fuel marketing space.

Adani commits $15-20 bn annual capex for 5 years

Adani commits $15-20 bn annual capex for 5 years

Rediff.com31 May 2025

Adani Group chairman Gautam Adani has reaffirmed Adani Enterprises' ambitions for aggressive expansion, committing to invest up to $20 billion annually over the next five years. "Our capital investment across businesses is set to break all records.

Centralised KYC system in works, says Sebi

Centralised KYC system in works, says Sebi

Rediff.com4 May 2025

Markets regulator Sebi is actively working with the Ministry of Finance and other financial regulators on setting up a centralised KYC (Know Your Customer) system, chairman Tuhin Kanta Pandey has said. The Central KYC is an online database that maintains KYC records of customers in a centralised manner, aiming to streamline compliance across financial institutions.

Savings on stamp duty draw HFTs to GIFT City

Savings on stamp duty draw HFTs to GIFT City

Rediff.com12 Jun 2025

Although most high-frequency traders (HFTs) prefer to set up shop close to stock exchanges to enjoy better latency, a few are willing to sacrifice proximity to save a few bucks. Two HFTs have already established their offices at the GIFT City (Gujarat International Finance Tec-City) IFSC while many more are likely to follow suit.

Enhance civil defence measures: MHA to states, UTs amid Pak attacks

Enhance civil defence measures: MHA to states, UTs amid Pak attacks

Rediff.com9 May 2025

In the letter issued, considering the last night attacks by Pakistani forces in Jammu and Jaisalmer regions, the provision also authorises the use of local authority funds for such emergency measures, giving them precedence over other financial obligations.

From warehouses to local stores: Ola Electric shifts gear

From warehouses to local stores: Ola Electric shifts gear

Rediff.com30 Apr 2025

Amid the ongoing controversy in Maharashtra over Ola Electric stores operating without a trade certificate, sources at the Bengaluru-based electric two-wheeler manufacturer said the company is currently transitioning from a centralised warehouse model to a retail-focused approach. They emphasized that Ola Electric is ensuring all regulatory compliances are being met during this shift.

Why So Much Hatred For English?

Why So Much Hatred For English?

Rediff.com21 Jul 2025

There is no guarantee that if we speak in only Indian languages, all our faults will be washed away and India will shine. Why then do they bully and belittle the English-speaking? asks Shyam G Menon.

'Next Covid pandemic' far from over: Delhi HC

'Next Covid pandemic' far from over: Delhi HC

Rediff.com2 Jun 2025

The Delhi high court recently observed the 'next Covid pandemic' was far from over as it asked for details on the Centre's preparedness for the collection of samples, centres and transport policy.

RBI to focus on enhancing cyber resilience and capabilities of SEs

RBI to focus on enhancing cyber resilience and capabilities of SEs

Rediff.com29 May 2025

The Reserve Bank on Thursday affirmed its commitment to continue with its supervisory measures aimed at early identification of risks and vulnerabilities. The central bank would also focus on enhancing cyber resilience and capabilities of Supervised Entities (SEs) by implementing the recommendations of the inter-regulatory Working Group, which has uniform baseline cybersecurity guidelines for financial entities, it said in its annual report.

HC dissatisfied with FIR against MP minister for remarks on Col Qureshi

HC dissatisfied with FIR against MP minister for remarks on Col Qureshi

Rediff.com15 May 2025

The Madhya Pradesh high court on Thursday expressed dissatisfaction with the first information report (FIR) registered by police on its orders against minister Vijay Shah regarding his objectionable remarks about Colonel Sofiya Qureshi, and said it must be comprehensive.

Indian pharma firms not copying products of Swiss cos: Goyal

Indian pharma firms not copying products of Swiss cos: Goyal

Rediff.com10 Jun 2025

Dismissing allegations that Indian phacosrmaceutical companies copy products of Swiss firms, Commerce and Industry Minister Piyush Goyal on Tuesday said it is a long-standing myth and India respects intellectual property rights and never steals technology from others. He said that Swiss pharmaceutical companies have not shown even a single instance that Indian companies have illegally copied any of their trademarks or patents or copyrighted technology.

Aakash Educational moves NCLT to implead EY in edtech firm Byju's dispute

Aakash Educational moves NCLT to implead EY in edtech firm Byju's dispute

Rediff.com4 Jun 2025

The dispute between Aakash Educational Services Ltd (AESL) and edtech firm Byju's has escalated, with Aakash filing a sharply worded petition before the National Company Law Tribunal (NCLT) in Bengaluru, alleging conflict of interest and professional misconduct by global consulting firm Ernst & Young (EY), according to court filings

Don't Want IT Notice? Read This NOW!

Don't Want IT Notice? Read This NOW!

Rediff.com10 Jun 2025

Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.

Indian Students Caught In US Visa Turmoil

Indian Students Caught In US Visa Turmoil

Rediff.com16 Jun 2025

Uncertainty clouds US fall intake as Trump's visa ban on Harvard raises fears of wider policy shifts, pushing Indian students to explore alternative destinations.

ITR-B Targets Undisclosed IncomeReporting

ITR-B Targets Undisclosed IncomeReporting

Rediff.com9 Apr 2025

Form ITR-B allows the assessee to claim TDS (tax deducted at source) and TCS (tax collected at source) credit against undisclosed income.

Adani Group to invest $5-20 bn over next 5 years

Adani Group to invest $5-20 bn over next 5 years

Rediff.com24 Jun 2025

The Adani Group plans to invest a record $15-20 billion across businesses over the next five years to chart out the next phase of growth, chairman Gautam Adani said on Tuesday as he touted the conglomerate's strong balance sheet and robust business to shrug off relentless scrutiny it faces. Record earnings from the businesses ranging from seaports to airports, renewable energy parks to data centres, cement to gas and electricity has built India's largest infrastructure group that not only exists just to serve the markets but to serve the nation's destiny, he said.

Medha Patkar arrested in 24-yr-old defamation case

Medha Patkar arrested in 24-yr-old defamation case

Rediff.com25 Apr 2025

Social activist Medha Patkar was arrested in New Delhi on Friday for failing to furnish probation bonds in a 24-year-old defamation case filed by Delhi Lieutenant Governor Vinai Kumar Saxena. The arrest comes after a court granted Patkar a one-year probation in April, but she failed to comply with the order to furnish bonds.

Now you can help in drafting Income-Tax rules

Now you can help in drafting Income-Tax rules

Rediff.com18 Mar 2025

Central Board of Direct Taxes on Tuesday said stakeholders can send their inputs for drafting Income-tax rules and related forms pertaining to the proposed Income Tax Bill, 2025. The Income Tax Bill, 2025 was introduced in Parliament last month and is currently under examination by the Select Committee for detailed consideration.

Fraud amount jumps 3 times in FY25, PSBs hit most

Fraud amount jumps 3 times in FY25, PSBs hit most

Rediff.com29 May 2025

The overall number of frauds, including those related to loan accounts and digital payments, jumped by three times in FY25, primarily due to reclassification of 122 cases as per a Supreme Court order, the Reserve Bank said on Thursday. The fraud value jumped to Rs 36,014 crore in FY25, up from Rs 12,230 crore in the previous fiscal year, while the number of fraud cases went down to 23,953 in FY25 from 36,060 in FY24.

Crash Puts Spotlight On DGCA Warnings To Air India

Crash Puts Spotlight On DGCA Warnings To Air India

Rediff.com20 Jun 2025

The DGCA has issued multiple fines and warnings to Air India over the past three years, flagging serious concerns in flight operations, cockpit discipline, and internal accountability.

Haryana police forms SIT to probe Prof Mahmudabad case

Haryana police forms SIT to probe Prof Mahmudabad case

Rediff.com22 May 2025

Acting on the Supreme Court's direction, Haryana's Director General of Police Shatrujeet Kapur has constituted a Special Investigation Team (SIT) to investigate two FIRs against Ashoka University associate professor Ali Khan Mahmudabad. The SIT, headed by Additional Director General of Police (Crime) Mamta Singh, will include Superintendent of Police (Karnal) Ganga Ram Punia and Superintendent of Police (STF, Gurugram) Vikrant Bhushan. The SIT will expeditiously complete the investigation and submit a report at the earliest. Mahmudabad was arrested on May 18 for his social media posts on Operation Sindoor, which were alleged to have endangered the sovereignty and integrity of the country. The Supreme Court granted him interim bail on Thursday, but refused to stay the investigation.

Pilot Cuts Raise Safety Alarms

Pilot Cuts Raise Safety Alarms

Rediff.com13 Jun 2025

'Who gave the Tatas the right to discontinue technically sound practices related to safety and security?'

50 Years Of Emergency: Banality Of Evil, And A Warning

50 Years Of Emergency: Banality Of Evil, And A Warning

Rediff.com26 Jun 2025

While India today is vastly different from the India of 1975, the need for vigilance against authoritarianism remains the same, asserts Utkarsh Mishra.

Video of girl fleeing with books during demolition shocked all: SC

Video of girl fleeing with books during demolition shocked all: SC

Rediff.com1 Apr 2025

The Supreme Court of India expressed shock over a viral video showing an eight-year-old girl fleeing her shanty as it was demolished by a bulldozer during an anti-encroachment drive in Uttar Pradesh. The court mentioned the video while hearing a case concerning illegal demolition in Prayagraj. The incident drew criticism from opposition parties, while local authorities defended the demolition, citing court orders and multiple notices issued to the encroacher.

India Wants Pakistan Back On FATF 'Grey List'

India Wants Pakistan Back On FATF 'Grey List'

Rediff.com26 May 2025

Re-entry into the list could have far-reaching consequences for Pakistan, including diminished foreign investment, increased borrowing costs, and tighter scrutiny from global financial institutions.

Govt tells e-com firms to audit dark patterns, submit yearly reports

Govt tells e-com firms to audit dark patterns, submit yearly reports

Rediff.com30 May 2025

The government on Wednesday asked e-commerce platforms to conduct annual internal audits to make sure that they are not resorting to manipulative tactics to mislead consumers and prevent them from making right choices -- a technique commonly referred to as dark pattern -- and submit reports to the Department of Consumer Affairs (DoCA). It comes just a week after Uber was issued a notice by the Central Consumer Protection Authority (CCPA) over its "advance tip" feature.

US To Indian Students: You Can Lose Your Visa If...

US To Indian Students: You Can Lose Your Visa If...

Rediff.com27 May 2025

'Violating the terms of your student visa can result in revocation, deportation and even long-term ineligibility for future US visas,' says the US embassy in India.

NGOs getting foreign funds can't publish newsletters

NGOs getting foreign funds can't publish newsletters

Rediff.com27 May 2025

The Indian government has announced new rules for non-governmental organizations (NGOs) receiving foreign contributions under the Foreign Contribution (Regulation) Act (FCRA). These rules include requiring NGOs to obtain a "Not a Newspaper" certificate from the Registrar of Newspapers for India if they engage in publication-related activities, as well as submitting financial statements and audit reports for the past three years. Additionally, NGOs must submit a commitment letter from the donor, a project report detailing proposed expenses, and a declaration that administrative expenses will not exceed 20% of the foreign contribution.

Tata Sons chief urges safer skies after AI crash; panel probes causes

Tata Sons chief urges safer skies after AI crash; panel probes causes

Rediff.com17 Jun 2025

Addressing close to 700 employees and the leadership team across the Air India headquarters and Air India Training Academy in Gurugram, Chandrasekaran urged them to stay on course, terming the accident the most "heartbreaking" crisis of his career.