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SEBI chief Madhabi Puri Buch, Congress leader Pawan Khera on Friday levelled charges of insider trading and corruption. He also accused Buch and her husband of owning a company in Mumbai. «The company is called Carol Info Services Ltd. This is a part of a company called Wockhardt Ltd, they have the same promoters. Wockhardt is a company on which SEBI is continuously giving orders and dealing with its cases,» said Khera.

New Delhi: Startups and entrepreneurs working on blockchain applications and products appear to have perked up, after more than two years of subdued enthusiasm for web-3 technologies. This much-needed booster for India’s blockchain upstarts has come in the form of the National Blockchain Framework, unveiled on Wednesday by information technology secretary S.

The Nevada Supreme Court has ended a defamation lawsuit brought by casino mogul Steve Wynn against The Associated Press in 2018

IRDAI) has introduced new regulations that change how premiums are collected for both life and health insurance policies, particularly those requiring medical examinations. Under the new rules, insurers are no longer allowed to collect the initial premium along with the proposal form unless the policy can be issued immediately based on a declaration of good health. The regulator's move will prevent customer money from sitting idle with insurance companies until a policy is issued, or to avoid complications with refunding premiums if the proposal is rejected or additional requirements are not met. For policies requiring medical checks, insurers will now review and accept the proposal before collecting the premium. As a result, distributors will need to visit customers twice — first to collect necessary documents and then to collect the premium after insurer approval.

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

MeitY) to take strong steps to check rampant instances of spam and phishing communications that are rapidly shifting to over-the-top (OTT) apps, such as WhatsApp and Telegram. The OTT apps currently fall under MeitY's mandate in terms of regulatory compliance — not under The Telecom Regulatory Authority of India (Trai) and the telecom department. The latter have been taking several steps to check the menace of pesky calls and messages which are used to perpetrate financial fraud as well. In a recent meeting of the joint committee of regulators, officials of Trai asked Meity officials to take steps to control the menace being now perpetrated also through the communication apps.

Michael Graw is an experienced freelance finance and tech writer, specializing in cryptocurrencies, decentralized finance, and Web 3.0 since 2018. His work has been featured on various financial news...

Trinamool ministers trained their guns against CBI but showed solidarity to the parents. During “Reclaim the Night” and candle-light march, the deceased doctor's parents participated and claimed that there was an attempt to bribe them by IPS DC-North, when the body of the deceased PGT medical student was still lying at home. “We had kept the body on the first floor where we live. DC-North took me inside my residence. We felt miserable. I told him my daughter had worked harder to become a doctor compared to his efforts to become an IPS. After my daughter’s death, when we waited outside they did not allow us to see the body,” the deceased girl’s father claimed.

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₹16.8 crore in benefits from her ex-employer ICICI Group. ICICI Bank Ltd and Buch have denied the allegations. But Khera has intensified his charges, alleging that Buch’s post-retiral benefits from ICICI Group were higher than the salary she drew from the private lender.

Prestige Estates Projects Ltd has raised Rs 5,000 crore by selling equity shares to institutional investors through private placement. The company had on August 29 launched its Qualified Institutional Placement (QIP) to raise funds. In a regulatory filing on Wednesday, Prestige Estates informed that a fundraising committee of the board approved the allocation of 2,98,68,578 equity shares at an issue price of Rs 1,674 apiece to eligible institutional investors.

Regional Connectivity Scheme (RCS)-UDAN, Union Minister of Civil Aviation Ram Mohan Naidu Kinjarapu has said the Centre «wants» to extend it for another 10 years. The central government had launched the UDAN (Ude Desh ka Aam Nagrik) scheme on October 21, 2016, to make air travel affordable for the people. "..We have observed the huge success that the RCS UDAN scheme has achieved. So, we want to extend it for another 10 years and see what gaps are there and try to address them...Right now, we have 157 (airports), in the plan of Viksit Bharat for 2047, we are planning to improve these 157 airports to 400 airports — including waterdrome airports, heliports and everything," said Naidu on Wednesday.

assistant coach for all clubs, permission of concussion substitutes and appeal against «wrongful» red card decisions are some of the new rule changes that were announced by the Indian Super League on Wednesday ahead of the upcoming 11th season beginning on September 13. As per the new rules, «all the teams must have an Indian assistant coach, holding the AFC Pro License (or equivalent)». «If the head coach is relieved from his position or suspended for certain matches, the Indian assistant coach will take over all head coach duties as the Interim head coach,» the new rule stated. A perfect case in point will be regarding FC Goa where Gourmangi Singh will take over the coaching role when Manolo Marquez, who is the current India head coach, is not available.

Karnataka wants to create 4-5 more regions like Bengaluru, India's Silicon Valley, in the state, minister for electronics and information technology and biotechnology Priyank Kharge said. Speaking at an event organised by IT industry body Nasscom, Kharge said he wants to position Karnataka not just as an investment destination, but also a space for knowledge and skills. In a fireside chat with Nasscom president Debjani Ghosh at its Design and Engineering Summit 2024 on Wednesday, Kharge said this will bring in more innovation in the country and in the next 4-5 years, Karnataka will not just be innovating for India but for the world. In a recent post on microblogging portal X, Kharge said Karnataka is the fourth largest technology cluster in the world and the leader in the country in many verticals. The southern state has over one-third of India’s tech talent and close to 25,000 startups, 52 unicorns (startups with valuation of $1 billion or more) and 47 soon to be unicorns.

NCLT has extended the insolvency resolution deadline for grounded airline Go First for the fourth time and directed the suspended board of the debt-ridden firm to file a reply within three weeks. A two-member bench of the Delhi-based National Company Law Tribunal (NCLT) issued notice to the suspended management of the company on Tuesday and listed the matter for hearing in the first week of October. The resolution professional of Go First had moved the application under section 33 (1) of the Insolvency & Bankruptcy Code for the liquidation of Go First after the lenders failed to find a reasonable buyer within the stipulated time frame. During the proceedings, counsel appearing for Go First informed the NCLT that the Committee of Creditors decided to liquidate the company with a majority vote.

Toy Story 5 is set to return in 2026 with familiar voices and a new plot centered on technology.

For the first time ever, India’s real estate market has been categorized as ‘transparent’ by the Global Real Estate Transparency Index, compiled by property advisory JLL every two years. Mint explains the index and India’s position. Launched in 1999, and conducted every two years, it categorizes real estate markets into five tiers—highly transparent, transparent, semi-transparent, low transparency and opaque.

strike by Maharashtra State Road Transport Corporation (MSRTC) employees was called off on late Wednesday evening following government's assurance of a salary hike, union leaders said, providing a relief to passengers planning travel during the ensuing Ganesh festival. An action committee of trade unions representing employees of the state-run corporation announced an end to the strike after a meeting with Chief Minister Eknath Shinde, who agreed to give a Rs 6,500 per month hike in basic salary to MSRTC staffers, fulfilling their main demand. The hike will come into effect retrospectively from April 2020, said a release from the Chief Minister's Office (CMO). «We are calling off our agitation as the chief minister has assured a salary hike to MSRTC employees,» Sandeep Shinde, a leader of the Maharashtra ST Kamgar Sanghtana, told PTI, after the meeting with Shinde.

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

Centralized Pension Payment System (CPPS) for the Employees' Pension Scheme, 1995 has been approved by the Union Minister of Labour and Employment and the Chairperson of the EPF's Central Board of Trustees. This system will enable EPS pensioners to receive their pensions from any bank, branch, or location in India starting from January 1, 2025, stated a Press Information Bureau release issued on September 4, 2024. Pension for EPF members: 6 types of pensions under EPS 95, who is eligible

Online brokerage platform Robinhood on Wednesday launched a share lending program in the U.K. that would allow consumers there to earn passive income on stocks they own, in the company's latest bid to grow market share abroad.