The memo, which is not public, said the commerce ministry set up a panel of eight experts last month to examine issues related to AI and their implications for India’s copyright law. The experts have been tasked to “identify and…
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New local data center ensures data residency and regulatory compliance
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The finance ministry is inclined to support banks seeking a review of the Supreme Court’s decision to overturn JSW Steel’s acquisition of Bhushan Power and Steel, citing IBC violations. Banks argue the court should have considered the CoC’s commercial decisions…
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A government official stated that the India-UK free trade agreement’s phased reduction of import duties on Scotch whisky over ten years, ultimately reaching 40%, is unlikely to significantly disrupt the domestic market. While India has become the top Scotch whisky…
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Sebi has introduced an ‘investor charter’ for KRAs, outlining services, rights, and grievance redressal for investors. This initiative aims to enhance investor awareness regarding KYC processes handled by Registration Agencies. KRAs will now display the charter on their websites and…
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Sebi has barred Synoptics Technologies and its promoters from the securities market due to alleged siphoning of IPO proceeds. The regulator also restrained First Overseas Capital Ltd (FOCL), the lead manager, from new merchant banking assignments. Investigations revealed a scheme…
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