Category : Search result: regulatory approval


SBI Board Approves SBI Funds Management IPO

State Bank of India's board approves IPO plans for SBI Funds Management, marking a significant move in India's mutual fund industry. The lender will divest 6.3% stake in its asset management subsidiary.

Karnataka: 6-Month Provisional Nod for Hospitals Sans Checks

Karnataka introduces groundbreaking healthcare reform allowing new hospitals and clinics to operate immediately with 6-month provisional registration, bypassing initial inspections to accelerate medical infrastructure growth.

Saudi F-35 Jet Request Clears Pentagon Hurdle

Saudi Arabia's landmark request to purchase advanced F-35 fighter jets has overcome a critical Pentagon review, marking a significant shift in Middle Eastern military dynamics and US-Saudi defence cooperation.

France Probes Porn Sites Over Underage Access

French authorities launch landmark investigation against major porn platforms for allegedly failing to prevent underage access. Discover the legal battle and potential fines.

Groww IPO Tomorrow: SEBI Impact Analysis

As Groww prepares for its highly anticipated IPO tomorrow, investors are closely watching SEBI's regulatory changes that could reshape India's brokerage landscape. Discover what this means for your portfolio.

Air India Pilots Grounded for License Violations

Two Air India pilots suspended for operating flights without meeting mandatory license requirements. DGCA investigation reveals serious regulatory violations in aviation safety protocols.

FDA Approves Oral Weight Loss Drug Rybelsus

Breaking news: US FDA approves Rybelsus, the groundbreaking oral weight loss medication that mimics popular injection drugs. Discover how this pill could revolutionise obesity treatment in India and worldwide.

NMC approves 15 new PG medical seats at VIMSAR Burla

The National Medical Commission grants approval for 15 additional postgraduate medical seats at VIMSAR Burla, boosting specialized healthcare education in Odisha and creating more opportunities for aspiring doctors.

NSE IPO Cleared: SEBI Gives Green Light

In a major market development, SEBI Chairman Madhabi Puri Buch announces all regulatory obstacles for NSE's long-awaited IPO have been resolved. Discover what this means for investors and Indian capital markets.

SEBI to Penalize MCX for 4-Hour Trading Outage

India's commodity exchange MCX faces severe regulatory action from SEBI following a massive 4-hour trading outage that disrupted markets and angered traders. Exclusive details inside.

Mark Walter Acquires Majority Stake in LA Lakers

In a landmark move for NBA franchise ownership, billionaire investor Mark Walter secures controlling interest in the iconic Los Angeles Lakers following league approval. Discover how this financial titan is reshaping basketball's future.

SEBI Sets Timeline for Banking Derivatives Overhaul

Market regulator SEBI announces concrete timeline for derivatives restructuring on banking indices to deepen sector representation and enhance market efficiency. Key changes coming to Bank Nifty, Bankex, and Finnifty.

Parliament OKs ₹1.48L Cr Additional Spending

Finance Minister Nirmala Sitharaman secures Parliament approval for massive supplementary spending, with focus on rural employment and defense. Discover how this impacts fiscal deficit and economic growth.

8th Pay Commission Approved: Big Salary Hikes Coming

Cabinet greenlights 8th Pay Commission terms - Central government employees and pensioners can expect significant salary revisions and pension increases. Latest updates on expected hikes and implementation timeline.

GCCs Revolutionize Regulatory Compliance in India

Discover how India's Global Capability Centres are evolving from basic support functions to strategic partners in regulatory compliance, driving innovation and creating high-value jobs.

Union Bank & Indian Bank Get RBI Nod for Overseas Merger

In a strategic banking sector reform, Union Bank of India and Indian Bank receive RBI approval to merge overseas operations. This landmark decision enhances international presence across 13+ countries including UK, UAE, and Hong Kong.

FMCG Stock Soars 4% on Rights Issue Approval

In a volatile trading session, one FMCG stock under ₹500 surged 4% after the company approved a rights issue. Discover why analysts are bullish on this consumer goods player and what the rights issue means for investors.

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