SEBI Consultation Paper on changes in the regulatory framework for Special Situation Funds, a sub-category of Category I Alternative Investment Funds, necessary to facilitate Special Situation Funds to acquire stressed loans in terms of Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021

SEBI has issued a Consultation Paper on changes in the regulatory framework for Special Situation Funds, a sub-category of Category I Alternative Investment Funds, necessary to facilitate Special Situation Funds to acquire stressed loans in terms of Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021 to amend SEBI (Alternative Investment Funds) Regulations, 2012(‘AIF […]

National e-Governance Division: Transforming India through Digital Empowerment

The National e-Governance Division (NeGD) through a circular on 28th November, 2023 invites applications for various positions on a deputation basis. These positions are open to officers currently holding regular positions in the Central & State Government, Public Sector Undertakings (PSUs), Autonomous Organizations, and Statutory Bodies of the Government of India, as well as the States & Union Territory Governments.

Adoption of Cloud Services by Intermediaries Regulated by PFRDA

Cloud solutions offer numerous advantages such as scalability, ease of deployment, and reduced overhead costs. However, the adoption of cloud services is also subject to cyber security risks and challenges. Therefore, the circular highlights the importance of ensuring regulatory compliance and implementing necessary measures to mitigate these risks effectively.

Financial assistance to Tamil Nadu Sportspersons who participated and won medals in various sports

The main motive behind this funding is to encourage physically challenged sportspersons. Tamil Nadu Champions Foundation” with donations of Rs. 5 Lakhs from Hon’ble Tamil Nadu Chief Minister’s own funds and 70 other private corporates and individuals contributions have so far amounted to Rs. 21.06 Crores. From this fund, about 228 sportsmen and women from Tamil Nadu have been provided as assistance and incentives to the tune of Rs.4.64 Crore.

Establishment of Hi-tech Dairy Plant in Namakkal

A hi-tech dairy plant with a production capacity of two-lakh liters per day will soon be set up in the district. The main objective of the scheme is to ensure livelihood and economic upliftment of milk producers in Namakkal district.