Drugs Controller General of India had issued show cause notices to over 20 e-pharmacies. These e-pharmacies have sought time from the government to respond to the notices.
Sebi has proposed to phase out the stock exchange route for buybacks. The timeline for completion of buyback has been now reduced by 18 days.
Companies have to now use 75 percent of the proceeds of the buyback undertaken through the stock exchange route from the existing minimum of 50 percent.
The commission should study the aspect of centralising medical device licensing with the central regulator so as to make the approval process easy
Das' comments come after the European Securities and Markets Authority (ESMA) on October 31 derecognised six Indian clearing houses with effect from May 1, 2023
Amitabh Chaudhry, MD & CEO of Axis Bank, added that while fintechs agree they understand the meaning of the word ‘compliance’, it is time they consciously start making it a part of their business model
A bench comprising Chief Justice U U Lalit and Justice S R Bhat was told by the counsel appearing for the petitioners that certain states in the country have completely prohibited liquor while some are encouraging it.
A SEBI consultation paper has proposed to regulate online bond platforms floated by fintechs on concerns that these entities operate in a regulatory vacuum and do not have robust KYC processes.
The Aayog, in its report titled 'Digital Banks: A Proposal for Licensing & Regulatory Regime for India', makes a case and offers a template and roadmap for a digital bank licensing and regulatory regime for the country.
Network18 Exclusive: CNBC-TV18 reports that most companies are comfortable with separating the posts, as long as there was no restriction on the Chairperson and MD/CEO being 'related'
As India takes steps towards regulating or even banning cryptocurrencies, we take a look at the regulations adopted by countries around the world.
This meeting came at a time when the Finance Ministry is working towards introducing a comprehensive bill to regulate cryptocurrencies, investors and exchanges in the winter session of Parliament.
The United States Federal Reserve on October 21 announced that its policymakers and senior staff would be barred from investing in individual stocks and bonds
The government not tabling the Cryptocurrency Bill in the Monsoon Session of the Parliament came as a blow to many hoping for quick and efficient regulation of a burgeoning asset class. But there may be more to it than meets the eye. Moneycontrol decoded with experts why regulation may be delayed, how it could help and what is next for the crypto industry.
India's booming crypto industry is eyeing self regulation and is drafting a series of practices to ensure the same, which will be overseen by a board constituted by the Internet and Mobile Association of India (IAMAI).
The inter-ministerial group discussing the policy consisted of the Agriculture Ministry, Corporate Affairs Ministry, Electronics and IT Ministry and the Finance Ministry.
CBFC members made a case for the need for “moving from censorship to certification” as a “more relevant” method
Bandhan Bank was barred from expanding its network in September 2018 as it had failed to reduce the promoters' stake to 40 percent within the stipulated three-year period
Scrapping IUC would incentivise technological evolution, preserve competition and ultimately benefit consumers.
The move is aimed at allowing customers to make informed purchases (of goods past their shelf-life), enabling better discounts and reducing food wastage
The framework would most likely be imposed on the top 50 large NBFCs in the country
India’s corporate sector accounts for close to 50 percent of the country’s electricity consumption, but despite a strong business case for renewable procurement, numerous barriers and opportunities for improvement prevail.
A new stock exchange circular not only places promoters and employees of a listed company at a detrimental position but also poses challenges for the firm itself in terms of planning of corporate actions and raising funds.
Since crowdfunding platforms do not undertake maturity transformation risk, capital and net-worth related requirements must be nominal.
Uttaresh Venkateshwaran is in conversation with Moneycontrol's Swaraj Baggonkar to discuss why policy initiatives to shore up safety on Indian roads has been tangled up in red tape, much the detriment of commuters.