SEBI introduces Liquidity Window facility for investors in debt securities through Stock Exchange mechanism
The introduction of the Liquidity Window facility, backed by regulations, offers pre-specified dates or intervals for redemption, thereby enhancing market activity and investor confidence in debt securities.
Consultation paper on Opening of demat account in the name of Association of Persons (AOPs) for holding certain securities in dematerialized form
SEBI has issued a Consultation paper on Opening of demat account in the name of Association of Persons (AOPs) for holding certain securities in dematerialized form to solicit views from stakeholders and public on the proposal to clarify that Association of Persons (AOPs) can open a demat account in the name of AOP to dematerialise and hold securities (other than equity shares).
Process improvements under SEBI’s initiative to make sale proceeds available to FPIs on settlement day
Under the new system, in place since September 9, 2024, tax certificates for FPI sale trades executed on ‘T’ day are issued by tax consultants by 9:00 AM IST on ‘T+1’ day. This allows FPIs to access sale proceeds, either for repatriation or for reinvestment, on the same ‘T+1’ day.
MNRE Clarifies ALMM Order Applicability for Open Access and Net-Metering
The MNRE has clarified that the the Approved Models and Manufacturers (ALMM) Order for solar photovoltaic (PV) modules does not apply to open access and net-metering renewable energy projects where the initial application for approval or NOC was submitted before October 1, 2022. This exemption applies to applications made to relevant entities such as distribution licensees, State Transmission Utilities (STUs), State Load Despatch Centers (SLDCs), State Nodal Agencies for Renewable Energy, or Power/ Energy/ Renewable Energy Departments of the State/ UT.
Solar Thermal Systems, Devices and Components (Quality Control) Order, 2024
The Government of India has introduced new regulations for solar thermal systems, devices, and components. Products must bear the Standard Mark issued by the Bureau of Indian Standards (BIS) under Scheme-I of the Bureau of Indian Standards (Conformity Assessment) Regulations, 2018. The BIS is responsible for certifying and enforcing compliance with the standards.
New Version Of Medical Device Adverse Event Reporting Form Released
The Central Drugs Standard Control Organization (CDSCO) has released a new version of the Medical Device Adverse Event Reporting Form under the Materiovigilance Program of India (MvPI), i.e. version 1.2. This form was released on October 8, 2024.
Extension of Public Utility Service Status for Motor Transport Industry in the State of Telangana
The Labour Employment Training and Factories Department, Telangana issued the notification declaring the Motor Transport Industry in the State of Telangana as a Public Utility Service Unit.
Mizoram Government Issues Guidelines for Disaster Relief Amid ASF Outbreak
The Government of Mizoram announced a comprehensive set of guidelines to address the outbreak of African Swine Fever (ASF), officially declaring it a State Specific Disaster
Amendment to Retail Excise Tax in Andhra Pradesh
Government of Andhra Pradesh announced an important amendment regarding the Additional Retail Excise Tax (ARET) on various alcoholic beverages
Enhancing Electrical Safety: Tamil Nadu’s New Guidelines
(TANGEDCO) introduced essential Electrical Safety Mechanisms aimed at preventing accidents
