In this edition we have tried to bring to your notice, the latest amendments that followed in the month of November, 2024 issued by RBI and SEBI. RBI UPDATE RBI unveils framework for FPI to FDI investment reclassification (November 11, 2024) The Reserve Bank of India (RBI) has introduced an operational framework for the reclassification of investments made by Foreign […]
In this edition we have tried to bring to your notice, the latest amendments that followed in the month of October, 2024 issued by MCA and SEBI. MCA UPDATE The Companies (Indian Accounting Standards) Third Amendment Rules, 2024 As per said amended rules, an insurer or insurance company may provide its financial statement as per Ind AS 104 for the […]
In this edition we have tried to bring to your notice the latest amendment that followed in the month of September, 2024 issued by MCA and SEBI. MCA UPDATE IEPFA upgrades Call Centre and IVRS Support With New Toll-Free Number — 14453 This new toll-free number replaces the old toll-free number 1800 114 667 and is designed to provide users […]
In this edition we have tried to bring you notice the latest amendment that followed in the month of August, 2024 issued by MCA, RBI and SEBI. SEBI UPDATE SEBI (Alternative Investment Funds) (Fourth Amendment) Regulations, 2024 (August 06, 2024) SEBI vide this notification amended Regulation 13(5) of SEBI (Alternative Investment Funds) Regulations, 2012 by permitting a large value fund […]
In this edition we have tried to bring you notice the latest amendment that followed in the month of July, 2024 issued by MCA, RBI and SEBI. MCA UPDATE Companies (Appointment and Qualification of Directors) (Amendment) Rules, 2024 The Central Government notified the Companies (Appointment and Qualification of Directors) (Amendment) Rules, 2024. According to the Amended Rules the updating of […]
In this edition we have tried to bring to your notice, the latest amendments that followed in the month of June, 2024 issued by MCA, RBI and SEBI. MCA UPDATE MCA to roll out 9 more forms for statutory filing of forms on the V3 portal The MCA is launching the third set of the company forms (MSME, BEN-2, MGT-6, […]
Tata group takes control of Air India: India’s auto-to-steel conglomerate in October 2021 emerged as the winner of bidding process started for state-run carrier Air India. Tata Group was handed the ownership of the airline after 70 years on 28 January, 2022. The conglomerate was awarded the deal in a $2.4 billion equity and debt deal, bringing an end to […]