Hearing a writ petition filed by the Federation of Indian Pilots (FIP), the Air India Pilots’ Union, the Indian Pilots’ Guild, and the Indian Commercial Pilots’ Guild Justice Tara Vitasta Ganju on December 6 asked the DGCA to hold a meeting with pilots association, airlines and Ministry of Civil Aviation on December 18, 2024 to come out with a timeline for the implementation of the new proposed flight duty time limitation, or FDTL, norms.
The proposed rules would double the maximum wet lease period to six months, with a potential six-month extension
The new norms were introduced by the DGCA on January 11 despite the Airports Authority of India seeking an extension to implement these norms at smaller airports in a phased manner.
The checklist for assessing a new destination has been pruned from 33 points to just 10 in a bid to make it easier for them to spread their network to hitherto unserved places, DGCA said
SEBI’s proposal is open for public consultation till April 1
Current rules do not allow for listing abroad for companies not listed in India
The health ministry has framed guidelines to manage patients as per the degree of severity in graded facilities
The regulator plans to reduce the notice period under Regulation 42 of the Listing Obligations and Disclosure Requirements (LODR) from seven working days to three.
Manufacturing EVs and their parts domestically was also being pushed by the government under the Faster Adoption and Manufacturing of Electric and Hybrid vehicles (FAME) scheme.
With India's leading stock exchange getting ready for an initial public offering of shares, the algorithmic trading controversy may cast dark clouds as the matter still needs a closure.
Sebi today streamlined regulatory framework for 'scheme of arrangement' such as merger and acquisitions by listed firms to check any possible 'bypassing' of norms and prevent companies from seeking direct approval of NCLT for such deals.
There could be a spurt of pre-buying in January-March before the switch over to BS-IV norms, said Siddhartha Lal of Eicher Motors. But, the new emission norm changes will add more costs to company's vehicles, he said.
Relaxing lock-in period norms for those surrendering trading membership, NSE today said the members who have never traded or whose last trade date exceeds more than 3 years from the date of surrender approval, will be eligible for release of their deposits.
Markets regulator Sebi has ordered five companies and their directors to refund in three months the money raised from investors without complying with the public issue norms.
Markets regulator Sebi has eased restrictions on as many as five individuals against whom the regulator had taken action in a two different cases of alleged misuse of stock market platform for tax evasion and suspected money laundering activities.
Airports Authority of India (AAI) has been asked to conduct public hearing for its proposed Rs 2,587 crore second phase of Chennai Airport modernisation project as its gets central nod for preparing environmental impact study for the same.
Cutting down the advance notice period in OFS by markets regulator Sebi has provided operational flexibility to issuers while fully protecting the interest of retail investors, Disinvestment Secretary Neeraj Gupta said today.
The Commerce Ministry, along with IT industry body NASSCOM, has written to the US government to log its protest over a proposed bill that seeks to cut the number of H1B visa issued by the country, from 85,000 to 70,000, says sources.
The regulator has approved a proposal for issue of draft regulation, for disclosure requirements for issuance and listing of green Bonds, on which comments would be sought from all stakeholders before deciding the final norms.
While bad asset recovery norms are brought on par with banks, NBFCs should also be allowed recovery tools such as being brought under the SARFAESI Act or have access to the debt recovery tribunal, a top executive with an NBFC said, while commenting on the RBI's latest move to tighten norms.
The Reserve Bank of India announced a revised framework for non-banking financial companies (NBFCs), raising the minimum net owned funds limit while capping deposit acceptance and aligning bad loan norms with banks, reports CNBC-TV18's Latha Venkatesh.
The FM had also said there would be no restrictions on area and capitalisation if 30 percent of the project cost is earmarked for affordable housing.
The global survey of leading consultancy firm EY has ranked India as the most attractive investment destination followed by Brazil and China at second and third positions, respectively.
The Sebi board had in June approved the amendments of rules to permit listing of start-ups and SMEs in Institutional Trading platform (ITP) without an IPO. Sources said the Securities and Exchange Board of India is expected to notify the new regulations within a week.