Govt bond push: Sebi eases compliance rules for G-Sec FPIs, KYC norms and disclosure timelines relaxed

In a move aimed at boosting long-term foreign investment in Indian debt markets, Sebi on Wednesday approved several compliance relaxations for Foreign Portfolio Investors (FPIs) that invest exclusively in Indian government securities (G-Secs).The decision, taken at the regulator’s board meeting, is expected to simplify onboarding, reduce paperwork, and improve ease of doing business for these…

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‘Someone is filming us’: American family sunbathing at Gurugram hotel accuse man of recording them – watch video | India News

Screenshots from the viral posts. NEW DELHI: A family of Americans, on vacation in India, went through a bad time as they sunbathed next to the pool inside their hotel in Gurugram. Rory and Sage, two sisters travelling with their parents, shared videos of men recording them from their phones from their respective rooms as…

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Sebi reforms REITs and InvITs norms to align disclosures, cut entry size; allow broader role for merchant bankers

The Sebi board on Wednesday approved a set of amendments aimed at improving ease of doing business for Real Estate Investment Trusts (REITs), Infrastructure Investment Trusts (InvITs), and merchant bankers. The key changes include greater cash-flow flexibility for REITs and InvITs, a sharper definition of public unitholding, harmonised reporting timelines, and a reduction in the…

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After Xiaomi and realMe, contract manufacturer Optiemus bags order from OnePlus | India News

NEW DELHI: After Xiaomi and RealMe, another top Chinese electronics provider OnePlus has outsourced the production of its audio and internet-of-things (IoT) products to a local Indian contract manufacturer. The announcement comes as India pushes the production of hi-tech electronics products in the country amidst the US tariff war with China.Optiemus Electronics will be making…

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ICAI begins review of IndusInd Bank, Gensol accounts, says audit probe may take six months; disciplinary action to follow if lapses found

The Institute of Chartered Accountants of India (ICAI) has begun reviewing the financial statements of IndusInd Bank and Gensol Engineering and expects the process to take at least six months before any action is taken against auditors for alleged lapses.ICAI president Charanjot Singh Nanda said the review is being handled by the Financial Reporting Review…

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Elon Musk’s Starlink faces new rival as Vi joins AST SpaceMobile, smartphone satcom service announced, launch date to be decided later

Vodafone Idea on Wednesday announced a strategic partnership with US-based satellite communications company AST SpaceMobile to deliver satellite-based mobile services directly to smartphones across India, without the need for specialised hardware or apps.The telecom operator said the tie-up aims to expand coverage in India’s unconnected regions by integrating AST SpaceMobile’s space-based cellular technology with Vi’s…

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India defends Operation Sindoor at UN, slams Pakistan’s ‘Theatre of deception’ over Pahalgam terror attack | India News

NEW DELHI: India on Wednesday forcefully defended its military action under Operation Sindoor, launched in response to the April 22 Pahalgam terror attack that killed 26 Indian tourists, accusing Pakistan of harboring terrorists and attempting to distort the narrative at the United Nations.Speaking at the UN Human Rights Council in Geneva, Kshitij Tyagi, Counsellor at…

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BMC’s Tree Authority seeks Supreme Court approval to cut trees for Goregaon-Mulund Link Road project in Mumbai | Mumbai News

Mumbai: BMC’s Tree Authority (TA) filed an application with Supreme Court seeking directions to fell 1,134 trees in Film City for the Goregaon-Mulund Link Road (GMLR) project.Pointing out that in Jan, SC had directed that no tree could be cut in Aarey without its permission, the Tree Authority submitted that while the project falls in…

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