News for 'regulatory licences'

Bengaluru 'Peptide Party' cancelled after food regulator notice

Bengaluru 'Peptide Party' cancelled after food regulator notice

Rediff.com5 days ago

Peptide parties are informal, invite-only social gatherings where biohackers, wellness enthusiasts, and fitness influencers meet to discuss, sample, or promote peptide-based products.

One 97 Communications Subsidiary Gets European Payment Institution Licence

One 97 Communications Subsidiary Gets European Payment Institution Licence

Rediff.com3 Jul 2026

One 97 Communications, operating as Paytm, announced that its subsidiary, Paytm Europe Payments, has secured a payment institution licence from Luxembourg's financial regulator, CSSF, effective July 2, 2026. This licence permits services like execution of payment transactions, credit transfers, and acquiring payment transactions, marking a significant step in Paytm's European expansion strategy, supported by a recent 9 million euro investment from Paytm Cloud Technologies Limited.

HC orders Maha FDA to pay Rs 5 lakh to Pune sweet shop over licence suspension

HC orders Maha FDA to pay Rs 5 lakh to Pune sweet shop over licence suspension

Rediff.com17 Aug 2026

The Bombay High Court has ordered the Maharashtra Food and Drugs Administration (FDA) to pay Rs 5 lakh in compensation to a Pune-based sweets shop. The court criticised the FDA for keeping the shop's license suspended despite a 98 per cent compliance report, calling its policy "strange and perverse."

Maharashtra to make domicile must for driving licence from Aug 1

Maharashtra to make domicile must for driving licence from Aug 1

Rediff.com7 Jul 2026

Maharashtra plans new policy to make domicile certificate mandatory for driving licence from August 2026, alongside efforts to regulate bike taxi services for revenue and job creation.

Pharma distributor's licence cancelled over Kota C-section deaths

Pharma distributor's licence cancelled over Kota C-section deaths

Rediff.com26 Jun 2026

The World Health Organization has requested information from the Indian government regarding the alleged supply of spurious oxytocin injections linked to the deaths of five women in Kota hospitals. This comes after regulatory action, including the cancellation of manufacturing licenses for Jackson Laboratories units, following joint inspections by drug control bodies. The government is investigating the matter, emphasising a zero-tolerance approach to quality violations.

DoT notifies new telecom authorisation rules, replacing multiple licences

DoT notifies new telecom authorisation rules, replacing multiple licences

Rediff.com25 Jun 2026

The Department of Telecommunications (DoT) has introduced a new authorisation regime, replacing multiple licences with a single permission for principal telecom services, aiming to simplify compliance and accommodate evolving technologies. This move is expected to ease business operations, enhance fraud prevention with AI, and expand connectivity, especially through satellite networks.

Cockroaches, gutka packet: FSSAI slaps notices on Delhi's JW Marriott, Andaz

Cockroaches, gutka packet: FSSAI slaps notices on Delhi's JW Marriott, Andaz

Rediff.com6 days ago

India's food safety regulator, FSSAI, has issued notices to five-star hotels JW Marriott and Andaz Delhi following inspections that revealed serious hygiene and food-safety violations, including cockroach infestations, expired food, poor sanitation, and improper food storage.

Government Bats On Front Foot For Defence Exports

Government Bats On Front Foot For Defence Exports

Rediff.com3 days ago

The reforms, undertaken by the Department of Defence Production, remove stakeholder consultation for exports of non-lethal defence items to most destinations, while retaining safeguards for sensitive countries.

SHANTI Rules Boost Nuclear Investment

SHANTI Rules Boost Nuclear Investment

Rediff.com24 Aug 2026

The rules require nuclear plant operators to maintain an insurance policy, financial security or a combination of both to cover civil liability for nuclear damage.

FDA withdraws action on Pune Cipla unit, MCA eateries after HC rebuke

FDA withdraws action on Pune Cipla unit, MCA eateries after HC rebuke

Rediff.com4 days ago

The Bombay High Court severely criticised the Maharashtra FDA for its "undue haste" and "high-handed" actions, forcing the regulator to withdraw orders against Cipla Pharma and five restaurants at the Mumbai Cricket Association premises. The court admonished the FDA for violating principles of natural justice and taking a "pedantic instead of pragmatic view," even threatening contempt action against officials.

Maha FDA steps up food safety drive, shuts two IIT Bombay mess facilities

Maha FDA steps up food safety drive, shuts two IIT Bombay mess facilities

Rediff.com8 Aug 2026

The Maharashtra Food and Drugs Administration (FDA) has issued notices to two mess facilities at IIT Bombay, ordering them to cease operations due to a lack of necessary permissions and registrations. This action is part of an ongoing state-wide food safety enforcement drive, which has also led to the suspension of licenses for several other restaurants and eateries across Mumbai and Navi Mumbai due to hygiene issues and non-compliance.

How Paytm Can Benefit From PPBL Licence Cancellation

How Paytm Can Benefit From PPBL Licence Cancellation

Rediff.com27 Apr 2026

Bernstein brokerage firm maintains 'Outperform' rating for Paytm, stating the PPBL licence cancellation will not impact Paytm's business and may open new regulatory opportunities.

Why Paytm Is Steering Clear Of An NBFC Licence

Why Paytm Is Steering Clear Of An NBFC Licence

Rediff.com7 May 2026

Paytm, operated by One97 Communications, is not actively seeking a non-banking financial company (NBFC) licence, preferring partnership models for lending operations, according to its Group CFO.

'Cockroaches, larvae': Maha FDA cracks down on Blinkit, Reliance Retail

'Cockroaches, larvae': Maha FDA cracks down on Blinkit, Reliance Retail

Rediff.com11 Aug 2026

The Maharashtra FDA has taken action against Blink Commerce, suspending its food licence due to severe hygiene issues including cockroach infestation. Separately, Reliance Retail is under investigation after a complaint of live larvae in a sweet product, highlighting increased enforcement of food safety standards across the state.

Delhi HC orders winding up of Paytm Payments Bank

Delhi HC orders winding up of Paytm Payments Bank

Rediff.com28 Jul 2026

The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited (PPBL) following the Reserve Bank of India's cancellation of its banking licence due to non-compliance and concerns over depositor interests.

EV manufacturers seek deadline extension for eDRIVE localisation norms

EV manufacturers seek deadline extension for eDRIVE localisation norms

Rediff.com1 days ago

Electric commercial vehicle manufacturers in India are struggling to meet localisation requirements under the PM eDRIVE scheme, set to begin on Tuesday. The Society of Indian Automobile Manufacturers (Siam) has requested a seven-month extension until April 1, 2027, citing disruptions in the supply of rare earth magnets due to China's export restrictions and geopolitical tensions. The government is yet to decide on the request, which aims to prevent production disruptions and allow time for local supply chain development.

Mundhe urges people not to buy loose edible oil

Mundhe urges people not to buy loose edible oil

Rediff.com20 Aug 2026

Maharashtra Food and Drug Administration Commissioner Tukaram Mundhe has urged consumers to avoid buying loose or unsealed edible oil due to safety concerns, announcing a compliance order for the entire edible oil sector after detecting widespread violations, including adulteration and improper packaging.

Two Air India Pilots Fail Drug Tests

Two Air India Pilots Fail Drug Tests

Rediff.com18 Aug 2026

The pilots testing positive have been removed from duty, with their samples sent for confirmatory testing.

'HDFC Merger Contributed To HDFC Bank's Troubles'

'HDFC Merger Contributed To HDFC Bank's Troubles'

Rediff.com2 hours ago

'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'

RBI Cancels Paytm Payments Bank Licence: What it Means for Depositors

RBI Cancels Paytm Payments Bank Licence: What it Means for Depositors

Rediff.com24 Apr 2026

The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank, citing that the bank's affairs were conducted in a manner detrimental to the interests of the bank and its depositors, and its management was prejudicial to public interest.

How Cashfree Payments Achieved Significant Loss Reduction And Revenue Growth In FY26

How Cashfree Payments Achieved Significant Loss Reduction And Revenue Growth In FY26

Rediff.com20 Aug 2026

Fintech company Cashfree Payments India Private Limited has significantly reduced its consolidated net losses to Rs 118.5 crore in FY26 from Rs 154 crore in FY25. The firm also saw a substantial revenue growth of over 51 per cent, reaching Rs 967.4 crore. Co-founder & CEO Akash Sinha highlighted achieving EBITDA profitability in March 2026 and outlined plans for full-year profitability in FY27, driven by growth in SMB and cross-border payments.

Private Defence Firms Get DRDO Missile Tech Boost

Private Defence Firms Get DRDO Missile Tech Boost

Rediff.com7 days ago

The move is meant to enhance the operational capability of the armed forces, reduce import dependence and increase domestic value addition.

FCRA bill to be taken up for debate in Parl on Aug 12: Mizoram CM

FCRA bill to be taken up for debate in Parl on Aug 12: Mizoram CM

Rediff.com6 Aug 2026

Mizoram Chief Minister Lalduhoma met Union Home Minister Amit Shah regarding the Foreign Contribution (Regulation) Amendment Bill, 2026. Shah assured that the bill would not be retrospective. Various church and minority organisations have expressed concerns about the bill's impact on NGOs, schools, and healthcare units, urging its withdrawal or referral to a joint parliamentary committee.

Rats, flies found: FDA shuts Mumbai's iconic K Rustom ice cream parlour

Rats, flies found: FDA shuts Mumbai's iconic K Rustom ice cream parlour

Rediff.com9 Jul 2026

The Maharashtra Food and Drug Administration has suspended the licence of Mumbai's renowned K Rustom ice cream parlour due to severe hygiene and food safety violations. An inspection revealed live rats and flies, expired flavouring agents, and ice cream with insufficient milk fat, leading to the parlour's closure under the 'Safe Food, Safe Maharashtra' campaign.

Tata Sons continues as 'upper-layer NBFC'; listing application pending

Tata Sons continues as 'upper-layer NBFC'; listing application pending

Rediff.com7 Aug 2026

Tata Sons, the holding company of the Tata group, continues to be classified as an 'upper-layer non-banking financial company' (NBFC) by the Reserve Bank of India (RBI), despite its application to deregister as an NBFC-Core Investment Company (CIC) remaining under consideration. This classification subjects it to enhanced regulation and a mandatory listing requirement, which remains uncertain.

Nightclub Owners Arrested in Goa for Alleged Forgery in Licence Application

Nightclub Owners Arrested in Goa for Alleged Forgery in Licence Application

Rediff.com30 Mar 2026

Mapusa police in Goa have taken custody of Saurabh Luthra and Gaurav Luthra, owners of the Birch by Romeo Lane nightclub, in connection with alleged forgery to obtain an excise licence. This follows a devastating fire at the nightclub in December that resulted in 25 deaths.

Siya Goyal family's spice shop shut over food safety breach

Siya Goyal family's spice shop shut over food safety breach

Rediff.com16 Jul 2026

Maharashtra's Food and Drug Administration (FDA) has issued a notice to a spice and dry fruits shop in Pune, owned by the family of Siya Goyal, an accused in a murder case, ordering it to cease operations due to alleged violations of food safety norms, including suspected adulteration and labelling issues.

Starlink in 'Productive Discussions' with India, Awaits Final Clearance

Starlink in 'Productive Discussions' with India, Awaits Final Clearance

Rediff.com10 Jun 2026

Elon Musk's Starlink is in "active and productive discussions" with the Indian government, awaiting final regulatory clearance, including spectrum allocation, to launch its satellite internet services, despite media reports suggesting a freeze on approvals.

Assam: Food Stall Inside Public Toilet Triggers Outrage

Assam: Food Stall Inside Public Toilet Triggers Outrage

Rediff.com9 Jul 2026

The unusual location of the food stall has fuelled public concern over compliance with food safety and sanitation norms.

Centre Tightens Rules on Alcohol-Based Medicines

Centre Tightens Rules on Alcohol-Based Medicines

Rediff.com11 Jul 2026

The move follows reports from several state drug-regulatory authorities indicating misuse and hoarding oral formulations with high ethyl-alcohol concentration, which people use as a substitute for liquor.

Meghalaya 'Bans' Quick Commerce

Meghalaya 'Bans' Quick Commerce

Rediff.com3 Jul 2026

At the heart of the decision is concern over the survival of Meghalaya's neighbourhood retailers.

Delhi to scrap B&B policy after deadly hotel fire

Delhi to scrap B&B policy after deadly hotel fire

Rediff.com3 Jun 2026

The announcement comes after a massive fire ripped through the Flourish Stay B&B on Wednesday morning, leaving 21 people dead, including 11 foreign nationals, and several injured.

Rapido founders booked over illegal bike taxi operations in Nagpur

Rapido founders booked over illegal bike taxi operations in Nagpur

Rediff.com4 Jul 2026

The founders of the Rapido app have been booked in Nagpur for allegedly operating petrol-powered bike taxi services in Maharashtra without the necessary government permissions. A case was registered following a complaint from the Nagpur RTO after a special drive revealed private vehicles were being used commercially without proper licenses, raising concerns about passenger safety and revenue loss for the government.

NITI Aayog Member Gauba Outlines Sweeping Deregulation to Boost Ease of Doing Business

NITI Aayog Member Gauba Outlines Sweeping Deregulation to Boost Ease of Doing Business

Rediff.com13 May 2026

NITI Aayog Member Rajiv Gauba has detailed an extensive deregulation agenda, moving India towards a 'permitted unless prohibited' principle to dismantle new forms of the Licence Raj and clear 'regulatory cholesterol' for businesses.

Ladakh relaxes liquor curbs, extends sales to 4 more districts

Ladakh relaxes liquor curbs, extends sales to 4 more districts

Rediff.com31 May 2026

Ladakh Lieutenant Governor Vinai Kumar Saxena on Sunday approved a new Excise Policy, permitting the sale of hard liquor through retail vends, reducing documents to obtain a licence from 16 to six and extending the liquor availability to four more districts.

ED Attaches More Assets In Goa Nightclub Fire Case

ED Attaches More Assets In Goa Nightclub Fire Case

Rediff.com27 May 2026

The Enforcement Directorate has attached fresh assets worth more than Rs 11 crore as part of its money laundering investigation into the illegal operation of a Goa nightclub where 25 people were killed in a massive fire in December last year.

Fintechs Seek Safe Harbour Shield

Fintechs Seek Safe Harbour Shield

Rediff.com5 Jun 2026

'There has to be a safe harbour for licensed entities, which have followed all the norms prescribed by the RBI.'

Why Modi Wants To Curb NGOs Funding

Why Modi Wants To Curb NGOs Funding

Rediff.com4 Jul 2026

Larger NGOs could no longer work with smaller ones, especially those organisations working on the ground that had no means of or expertise in raising money themselves, reveals Aakar Patel.

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

RIL's Q4 Profit Falls 12.5% Due to Energy Crisis, Jio Platforms Reports 13% Growth

Rediff.com24 Apr 2026

Reliance Industries Ltd reported a 12.5 per cent fall in its March quarter net profit, primarily impacted by the global energy crisis affecting its oil and chemicals business, while its consumer-facing Jio Platforms unit saw a 13 per cent increase in profit after tax.

Illegal Medicine Racket Busted In Delhi; Drugs Seized

Illegal Medicine Racket Busted In Delhi; Drugs Seized

Rediff.com21 Apr 2026

The Delhi government's Drugs Control Department dismantled an illegal medicine sale operation in Shahdara, seizing a significant quantity of drugs and expired items.