REGULATIONS


Moneylife Digital Team 29 July 2025
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs20 lakh each on Nilesh Malshi Savla (noticee 1) and Meena Nilesh Savla (noticee 2) for violating takeover regulations in connection with their acquisition of equity shares in RKD Agri & Retail Ltd....

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Patricia Callahan (ProPublica) 28 July 2025
The Food and Drug Administration is cracking down on a generic drugmaker that was the subject of a ProPublica investigation last year, citing problems with safety tests that delayed the recall of a medicine linked to deaths in the US.   In December, ProPublica reported that a Glenmark...

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Moneylife Digital Team 28 July 2025
Market regulator Securities and Exchange Board of India (SEBI) has waived the open offer requirement for Janky Rupen Patel in connection with an indirect acquisition that will raise her effective stake in Patel Engineering Ltd without altering control or the public shareholding...

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Moneylife Digital Team 28 July 2025
Market regulator Securities and Exchange Board of India (SEBI) has cancelled the registration certificates of 13 investment advisers (IAs) for failing to pay the mandatory renewal fees, as stipulated under the SEBI Investment Advisers Regulations, 2013.   The 13 IAs are: Manjeet Singh Vohra,...

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Two important developments rocked domestic markets and captured the attention of global investors and regulators: the Securities and Exchange Board of India’s (SEBI’s) dramatic crackdown on Jane Street, a US-based proprietary trading giant and the string of damning allegations by Viceroy...

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Moneylife Digital Team 25 July 2025
In a major crackdown on digital obscenity, the Union ministry of information and broadcasting (MIB) has ordered the blocking of 25 over-the-top (OTT) platforms, including well-known names like Ullu, ALTT, Mojflix, and Desiflix, for publishing obscene, vulgar, and in some cases, pornographic...

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Moneylife Digital Team 25 July 2025
US-based investigative research group Viceroy Research LLC has publicly released a detailed complaint it submitted to market regulator Securities and Exchange Board of India (SEBI) earlier this month, raising serious allegations against Vedanta Ltd, its UK-based promoter Vedanta Resources Ltd,...

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SN Thyagarajan (Bar  and   Bench) 24 July 2025
Google has moved the Supreme Court challenging the March 2025 ruling of the National Company Law Appellate Tribunal (NCLAT) which had partially upheld the Competition Commission of India’s (CCI) findings that the company abused its dominance in the Android ecosystem by imposing unfair Play...

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Moneylife Digital Team 24 July 2025
Reserve Bank of India (RBI) has cancelled the certificate of registration (CoR) of Karnataka-based Karwar Urban Cooperative Bank Ltd due to inadequate capital and the lender's poor earnings prospects. RBI has asked Karwar Urban Cooperative Bank to stop its banking business from 23 July...

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Moneylife Digital Team 24 July 2025
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs2 lakh on Sunflower Broking Pvt Ltd for multiple regulatory violations, including unauthorised terminal usage and failure to supervise fund-based activities by its authorised person (AP), Roof One...

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Moneylife Digital Team 22 July 2025
Jane Street, the US-based proprietary trading giant, has been allowed to resume operations in India’s securities market after it complied with the Securities and Exchange Board of India’s (SEBI) conditions set out in an interim order issued earlier this month. SEBI confirmed on Monday that Jane...

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Moneylife Digital Team 22 July 2025
Market regulator Securities and Exchange Board of India (SEBI) has taken serious note of an advertisement promoting illegal dabba trading activities published in the Hindi daily newspaper Navbharat on 13 July 2025.   Dabba trading refers to unregulated and illegal off-market trading that...

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Moneylife Digital Team 22 July 2025
Reserve Bank of India (RBI) has imposed a penalty of Rs9.20 lakh on three cooperative banks from Maharashtra and one from Karnataka for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs6 lakh has been imposed on Maharashtra-based Motiram Agrawal Jalna...

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Moneylife Digital Team 22 July 2025
Market regulator Securities and Exchange Board of India (SEBI), in collaboration with stock exchanges, has introduced a technology-driven common reporting mechanism called the ‘Samuhik Prativedan Manch’. This initiative is designed to simplify and streamline the compliance reporting process for...

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Moneylife Digital Team 21 July 2025
On 19 July 2025, former chief justice of India (CJI) DY Chandrachud delivered a legal opinion dismissing a Viceroy Research report on Vedanta group as ‘lacking credibility’. What made his opinion particularly significant was his explicit citation of the ‘Ebixcash precedent’—referring to the...

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Moneylife Digital Team 21 July 2025
As many as seven non-banking finance companies (NBFCs) have voluntarily surrendered their registration certificates to the Reserve Bank of India (RBI), while the central bank has cancelled the registrations of 10 NBFCs from Maharashtra. The reasons for these exits include voluntary...

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Moneylife Digital Team 21 July 2025
The Supreme Court on Monday issued notice to the Union and all state governments, and the law commission of India on a public interest litigation (PIL) seeking enforcement of consumers' right to know detailed information about sellers and service providers, both offline and online. The petition...

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Moneylife Digital Team 21 July 2025
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs2 lakh on MCS Share Transfer Agent Ltd (MCS) for multiple violations of regulatory norms, including failure to maintain adequate email backups, non-compliance with enhanced due diligence norms and the...

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Moneylife Digital Team 21 July 2025
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs5 lakh on Goodwill Wealth Management Pvt Ltd for multiple violations of cybersecurity and technical framework guidelines during an inspection covering the period from 1 April 2023 to 31 August 2024. The...

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Moneylife Digital Team 21 July 2025
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs35 lakh on Rajiv Kumar Singh, Proprietor of Elite Investment Advisory Services, for serious violations of the SEBI (Investment Advisers) Regulations, 2013, the SEBI (Prohibition of Fraudulent and Unfair...

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