Capital markets regulator Sebi has imposed penalties totalling Rs 29 lakh on six entities, including India Asset Growth Fund, its manager Essel Finance Advisors and Managers, and trustee Vistra ITCL (India) for multiple violations of AIF rules. The regulator levied a fine of Rs 11 lakh on IAGF, Rs 10 lakh on Arpan Sarkar and…
NEW DELHI: RJD leader Tejashwi Yadav on Sunday rejected any possibility of Bihar chief minister Nitish Kumar returning to the Opposition alliance, saying he would only be “extra baggage” at this point. “Never. Not a chance,” Tejashwi said when asked if Kumar could be brought back into the alliance, responding to ANI that Lalu Prasad…
Iranian President Masoud Pezeshkian said Saturday that Tehran will not halt its nuclear activities “under any circumstances,” even as Israeli strikes target nuclear facilities and tensions between the two countries escalate. In a phone call with French President Emmanuel Macron, Pezeshkian emphasized that Iran remains open to diplomatic engagement on its nuclear program, but ruled…
In the wake of the tragic stampede during Royal Challengers Bengaluru’s (RCB) IPL title celebration that claimed 11 lives and left over 50 injured, the Board of Control for Cricket in India (BCCI) is set to implement strict rules governing post-IPL celebrations and road parades. Speaking exclusively to India Today, BCCI secretary Devajit Saikia confirmed…
Capital gains from sale of mutual funds (MFs) are taxable In India, under both the old and new income tax regimes. (AI image) Income Tax Return Filing AY 2025-26: One important aspect of income tax return filing, apart from reporting income from salary, is also filling in details of any capital gains – short-term or…
Shubman Gill wearing black socks NEW DELHI: Shubman Gill’s sparkling debut as India’s Test captain may have drawn praise for his leadership and batting brilliance, but an unlikely fashion faux pas could land him in trouble with the ICC. Gill, who scored an unbeaten 127 on Day 1 of the opening Test against England at…
The regulator noted that Air India “failed to submit timely compliance responses” to identified deficiencies. (Ai image) The Directorate General of Civil Aviation had issued a warning to Air India regarding safety protocol violations, as three of the airline’s Airbus aircraft continued operations despite pending inspections of emergency systems. The regulatory body also criticised the…
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…
File photo of the Bombay High Court. The Bombay High Court on Tuesday upheld arbitral awards totalling over Rs 538 crore in favour of the now-defunct Indian Premier League (IPL) franchise Kochi Tuskers, dismissing BCCI’s challenge. Justice RI Chagla ruled that the court’s jurisdiction under Section 34 of the Arbitration Act is limited and it…
Screenshot from the viral video of couple doing dangerous stunts on Noida-Greater Noida expressway A video of a man and woman performing a dangerous stunt on a motorcycle along the Noida-Greater Noida Expressway surfaced on social media on Monday, prompting the local traffic police to issue a fine of Rs 55,000 for flouting traffic norms….