Although developers have publicly welcomed the Real Estate Regulation Act (RERA), there seems to be definite concern, as the deadline for its implementation by states, by May 1, 2017, fast approaches. With numerous projects R
Regulator FSSAI today said it will come up with new regulations for food labelling and packaging as well as strengthen infrastructure to verify claims made by food companies.
The new regulations, which have come into effect today, replaces the existing Sebi regulations for Foreign Institutional Investors (FIIs) and the new class of investors, FPIs, would encompass all FIIs, their sub-accounts and Qualified Foreign Investors (QFIs).
Billionaire investor George Soros, whose stock-picking career has spanned nearly four decades, said he will manage money only for himself and his family as new regulations threaten to crimp the hedge fund industry he made famous.
New regulations announced over the weekend will likely benefit PNC Financial Services Group Inc, US Bancorp and smaller US banks at the expense of bigger competitors including Bank of America Corp and JPMorgan Chase & Co.