The order came after the Securities and Exchange Board of India (Sebi) conducted a thematic inspection of Reliance Securities Ltd (noticee) with respect to cybersecurity and cyber resilience and framework on technical glitches applicable to specified members.
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The IMF urges India to implement structural reforms for economic growth, focusing on human capital and female labor participation. Reclassifying India’s exchange rate as ‘crawl-like,’ the fund anticipates robust GDP growth despite US tariffs, projecting inflation to decline. Sound fiscal…
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The court has said that such action of the authorities amount to announcing an “economic death” of a business entity as the cancellation orders passed in such a casual manner inflict disproportionate hardship on traders and disrupt legitimate business activity.
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The Enforcement Directorate has arrested WinZO Games founders Saumya Singh Rathore and Paavan Nanda under PMLA. The agency froze ₹505 crore in proceeds of crime after searches, alleging WinZO used a concealed algorithm (‘PPP’) to generate automated gameplay, leading to…
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In a notice to the stock exchanges, Paytm said it received the certificate of authorisation from the RBI on November 26 to operate as a payment aggregator. The licence further strengthens Paytm’s position as an online merchant payment processor. In…
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The ITAT Ahmedabad has cleared Mr. Sanghvi from tax penalty by declaring it null and void. The penalty was based on allegations of misreporting income due to a mishap with his Section 54F capital gains tax exemption claim. However, the…
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