Report of Committee on Digital Competition Law and Draft Digital Competition Bill
Report and the draft bill shall be available under e consultation module on 15.03.2024 for comments and suggestions. Stakeholders may submit their comments/suggestions up to 15.04.2024.
Guidelines of Accessibility Standards in the Public Exhibition of Feature Films in Cinema Theatres for Persons with Hearing and Visual Impairment
The objective of these guidelines is to provide an enabling framework to support the development of a culture and practice of accessibility of feature films for persons with hearing and visual impairment
Substandard Food Items: DFDA and Goa Government Imposes Fines on Culprits for Violations
They have levied fines for breaching provisions under the Food Safety and State Standard Act, 2006. The particulars of Food Business Operators found manufacturing and selling Sub-Standard Food Items by incorporating non-permitted synthetic food colorants, along with the penalties imposed.
Government approves E- Vehicle policy to promote India as a manufacturing destination for EVs
The Union Government has approved a scheme to promote India as a manufacturing destination so that e-vehicles (EV) with the latest technology can be manufactured in the country. The policy is designed to attract investments in the e-vehicle space by reputed global EV manufacturers.
Consultation on refund process from IEPF Authority
One significant proposal is to streamline the claim and refund process by relying on company verification. Under this proposal, upon submission of a claim, the Authority will transmit it to the respective company’s Nodal Officer for verification. The company will then assess the claim and, upon approval, initiate the refund process.
“Semiconductor Surge”: India’s Thrust Towards Global Technological Leadership
At the ‘India’s Techade: Chips for Viksit Bharat’ event, Prime Minister inaugurated three semiconductor facilities valued at ₹1.25 lakh crore through virtual Bhoomi Poojan. He emphasized their role in making India self-reliant in chip manufacturing and leading Industry 4.0.
IEPFA invites comments from stakeholders to simplify, expedite and streamline claims settlement process
The Investor Education and Protection Fund Authority (IEPFA) is reaching out to stakeholders for their valuable insights to simplify, expedite and streamline the claims settlement process. In line with its commitment to enhancing investor experience, IEPFA is soliciting comments from various stakeholders to reimagine the refund process under the Companies Act, 2013. The aim is to ensure a seamless and efficient mechanism for claim refunds from IEPF Authority.
SEBI relaxation for FPIs having more than 50% of its Indian equity AUM in a corporate group
SEBI has issued an amendment to Circular for mandating additional disclosures by FPIs that fulfil certain objective criteria. It has been decided that an FPI having more than 50% of its Indian equity AUM in a corporate group shall not be required to make the additional disclosures subject to compliance with certain conditions.
SEBI Master Circular to address concerns arising from unauthorized transfers of securities from Beneficial Owner (BO) accounts
To prevent fraud and safeguard the interests of investors with inactive or dormant accounts, the circular provides clear guidelines. An inactive or dormant account is defined as one where no transaction has occurred for a continuous period of 12 months. However, certain credits, such as those due to voluntary corporate actions, may not be considered as transactions for assessing dormancy.
SEBI clarification regarding Entities allowed to use e-KYC Aadhaar Authentication services of UIDAI in Securities Market as sub-KUA
Department of Revenue, Ministry of Finance vide gazette notification dated July 13, 2022 has notified 155 entities. Ministry of Finance vide gazette notification dated Jan 30, 2023 has additional notified 39 entities. Gazette Notification dated March 14, 2024 has notified another 4 entities.
