REGULATIONS


Moneylife Digital Team 06 June 2014
In the SMS and WhatsApp messages, investors were promised 200% assured returns on deposit payments of Rs25,000, along with promises of trading tips Capital markets regulator Securities and Exchange Board of India (SEBI) has widened its probe into suspected investment scams through mobile...

Read More



Moneylife Digital Team 06 June 2014
Education, Health and personal care category continue to lead with the highest number of complaints received by ASCI during March 2014 The Consumer Complaints Council (CCC) under the Advertising Standards Council of India (ASCI) has banned 68 advertisements (ads), across segments, out of...

Read More



Moneylife Digital Team 04 June 2014
The Finance Ministry has issued a show-cause notice to troubled NSEL asking why exemptions granted to it in 2007 should not be withdrawn The Finance Ministry has issued a show-cause notice to the National Spot Exchange Ltd (NSEL), which is engulfed in a Rs5,600-crore payment crisis. In...

Read More



Moneylife Digital Team 04 June 2014
The Advertising Standards Council of India (ASCI) has reacted to the widespread outrage over the advertising message of fairness products,  and proposed a tough new set of guidelines for advertisers It wasn’t just Nandita Das or the “Dark is Beautiful” group that was outraged. Most...

Read More



Moneylife Digital Team 04 June 2014
While the RBI may have indicated the end of its rate hike cycle, Nomura says it sees no scope for rate cuts any time soon and expects policy interest rates to remain on a prolonged pause until 2015 The Reserve Bank of India (RBI) left its repo rate unchanged at 8.00% as was widely...

Read More



KK Sharma  and   Sangeeta Singh 03 June 2014
Recent amendments in merger regulations will help bring clarity in M&A deals, especially big ticket international mergers, which will need Competition Commission's approval as the parties concerned have businesses in India Almost three years after issuing the notification that mergers...

Read More



Moneylife Digital Team 03 June 2014
Leaving the policy rates unchanged, RBI said it would allow the disinflationary effects of rate increases undertaken during September 2013-January 2014 to mitigate inflationary pressures in the economy The Reserve Bank of India (RBI), in its second bi-monthly credit policy review has...

Read More



In a notification issued on 30 May 2014, the Ministry of External Affairs-MEA cautions citizens not to fall for fraudulent agents as Passport Offices are the only recognised channels to apply for passport In order to do away with the 'Agent Raj' for passport applications, the Ministry of...

Read More



Shinzani Jain 02 June 2014
Normal reaction of any MP or MLA to a problem, even if economic, is generally that it would be resolved through a legislation. However, whether the legislation can be enforced or not is never analysed, says Dr Bibek Debroy Our laws range from retrograde to obsolete and almost always...

Read More



Abhirup Ghosh 28 May 2014
The RBI is now singing a different tune. NBFCs have to take prior approval from RBI for any merger, amalgamation or even if any entity wants to buy 10% or more stake in the NBFC. This will make NBFCs think thrice before striking a deal involving substantial change in their...

Read More



Moneylife Digital Team 28 May 2014
SEBI said funds raised by Unickon (Unicon) Securities by pledging the securities of its clients/ investors illegally were purportedly diverted to its other businesses   Market regulator Securities and Exchange Board of India (SEBI) has barred Noida-based Unickon Securities Pvt Ltd...

Read More



Moneylife Digital Team 26 May 2014
Ramel Industries and its promoters, directors have also been barred from raising money from public as well as access the capital market till the expiry of three years from the date of completion of refund   Market regulator Securities Exchange Board of India (SEBI) has directed Ramel...

Read More



The launch of polymer currency notes by RBI would be the beginning of the end of fake Indian currency notes entering from Pakistan and other neighbouring countries   While speaking to the press recently, Dr Raghuram Rajan, governor, Reserve Bank of India (RBI), stated that RBI has...

Read More



Moneylife Digital Team 23 May 2014
The Reserve Bank, which was adamant in enforcing biometrics-based Aadhaar on bank customers, has now reportedly asked banks to examine technical difficulties and time frame for the Aadhaar-based payment system, including ATMs and PoS   The Reserve Bank of India (RBI), which was forced...

Read More



Nidhi Bothra 22 May 2014
The new Companies Act has widened the regulations for foreign companies controlled by Indian corporates, putting the latter under increased pressure of compliance    The Companies Act, 2013, consolidated, amended, updated, refurbished and pruned, is bringing new surprises for the...

Read More



VK Sharma 22 May 2014
The NDF market cannot influence the on-shore USD INR market and to that extent the RBI and government must agonise only over effectively enforcing the FEMA regulations   There is quite some compulsive feel, rather than any grounding in logic, to the current hype and hoopla over...

Read More



Moneylife Digital Team 21 May 2014
RBI allowed banks to provide loans with tenures of up to 10 years from existing one year period to exporters to help them ensure capital flows to fulfil long-term contracts   The Reserve Bank of India (RBI) on Wednesday allowed banks to provide loans with tenures of up to 10 years to...

Read More



Moneylife Digital Team 20 May 2014
Transgene Biotek insiders are again playing the game of price manipulation, while market regulator SEBI had no time to either watch unusual price changes or deal with investor complaints   Transgene Biotek Ltd, the company that is been in the news over alleged misuse of global...

Read More



Aditi Jhujhunwala 20 May 2014
How can we rely on a Ministry as arbitrary as MCA, which brings something with a bang and then silently creeps in to correct the same without any indication?   The Ministry of Corporate Affairs (MCA) came up with the finalised rules on Companies Act, 2013 after comments from the...

Read More



Moneylife Digital Team 20 May 2014
SEBI also prohibited Idol India Infrastructures, its promoters and directors from accessing the securities market for raising funds   Market regulator Securities and Exchange Board of India (SEBI) has directed Idol India Infrastructures Ltd, its promoters and directors to refund money...

Read More

Free Helpline
Legal Credit
Feedback