Stay updated with the latest conflict-of-interest news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on conflict-of-interest topics.
New Delhi, Oct 14 (PTI) Justice (retd) Nageswara Rao has left it to the Supreme Court to take "a suitable view" on the two contentious articles of the draft constitution of the All India Football Federation (AIFF) in his report submitted to the apex court. On October 9, the AIFF had approached the SC, seeking a clarification on the two articles -- Article 23.3, and Article 25.3 (b) and (c) -- in view of the objections raised by world football governing body FIFA. The next day, an SC bench aske ...Read More >
Mumbai: New Delhi is stepping in to ease the turbulence building up at a critical Mumbai institution, amid mounting concerns that infighting at majority shareholder Tata Trusts could begin to impede the functioning of Tata Sons, India's most valuable business conglomerate. This week, two senior cabinet ministers will meet with four key officials of Tata group in the National Capital to discuss recent developments that have sparked concern. Tata Trusts chairman Noel Tata, vice-chairman Venu Sri ...Read More >
Mumbai, Oct 3 (PTI) The Reserve Bank on Friday proposed a framework with objectives of ensuring prudence while allowing operational flexibility to banks when they lend to related parties. The RBI has issued draft 'Reserve Bank of India (Lending to Related Parties) Directions, 2025' with the aim to provide a harmonised, principle-based framework to be adopted by regulated entities (REs) for inter alia lending to related parties. The draft introduces scale-based materiality thresholds beyond whi ...Read More >
The Supreme Court has asked the Central government and Directorate General of Civil Aviation to respond to the Air India plane crash incident in Ahmedabad. The court wants a fair and quick investigation by experts. Safety Matters Foundation seeks an independent probe into the accident. They claim the initial report is incomplete and lacks transparency. The Supreme Court on Monday sought response from the Centre and the Directorate General of Civil Aviation (DGCA) "for the limited purpose of ens ...Read More >
Mumbai: Media-buying firm WPP Media and sports consulting firm ITW Universe have picked up Board of Control for Cricket in India's tender documents for the front-of-jersey sponsorship of the national cricket team, said people familiar with the matter. A cement manufacturer and a global technology company are also understood to have purchased the documents, though their names could not be confirmed. September 12 was the final day to acquire the papers, with bids due on September 16. The sponsor ...Read More >
Happy Thursday! International semiconductor companies are vying to cash in on the India opportunity. This and more in today's ETtech Morning Dispatch. Also in the letter: ■ Rapido dishes out Ownly ■ BlueStone IPO closes ■ Startup IPOs' returns Global semiconductor firms reeling from financial pressure are actively exploring strategic partnerships in India, drawn by the country's expanding digital economy and generous government subsidies. Driving the news: India's semiconductor push - ...Read More >
Chennai: Tamil Nadu Chief Minister MK Stalin on Monday backed West Bengal Chief Minister Mamata Banerjee for calling out the Delhi police for allegedly referring to Bengali as a Bangladeshi language, labelling it a "direct insult to the very language in which the National Anthem is composed." Stalin said such remarks were not "inadvertent errors" but a reflection of a regime that undermines India's linguistic diversity. "The Delhi Police, under the Union Home Ministry, has described Bengali as ...Read More >
New Delhi: The three-member fact-finding commission appointed by the Indian Olympic Association (IOA) has submitted its report on the Boxing Federation of India (BFI), urging the immediate "termination" of the interim committee endorsed by World Boxing and led by Ajay Singh until Saturday, citing violations of the national sports code, 2011.The report declared that decisions made by the panel since its establishment on April 7, 2025, are "null and void".TOI has obtained a three-page letter by IO ...Read More >
The regulator's latest proposal seeks public comments on a revised framework that would bring parity by incorporating comprehensive criteria for third-party certifiers of green bonds on non-convertible securities. Sebi on Friday said it has proposed to tighten the norms to appoint independent third-party reviewers or certifiers for green debt securities to align them with requirements for other ESG-linked bonds. In a draft circular, Sebi said that the current norms for green bonds, introduced ...Read More >
'Byju's founders reserve all rights to bring actions against those parties that have caused damage to them personally and to their businesses.' IMAGE: Byju's CEO Byju Raveendran's photograph on his company website, July 17, 2024. Photograph: Dado Ruvic/Illustration/Reuters The founders of embattled education technology (edtech) company Byju's are preparing legal action to seek at least $2.5 billion in damages from investors and lenders, whom they blame for harming their business and personal s ...Read More >
Leh, July 18: Veteran BJP leader and former Deputy Chief Minister of Jammu and Kashmir Kavinder Gupta, was sworn as the 3rd Lieutenant Governor of Ladakh.Dressed in traditional Ladakhi attire, Gupta took the oath of office in a solemn ceremony held in Leh, administered by Justice N. Kotiswar Singh, Chief Justice of the High Court of J&K and Ladakh.Welcoming this new chapter in Ladakh's journey, Gupta emphasized service over power, declaring Ladakh deserves dignity, development, and a voice. "I'm ...Read More >
Mumbai: Sena (UBT) MLC Anil Parab on Friday alleged a Kandivli dance bar's permit was in the name of the mother of junior home and revenue minister Yogesh Kadam. The minister rejected the charge as baseless.Parab claimed in the legislative council that police raided the bar on May 30 and caught 22 dancers. Claiming that its permit was in the name of Kadam's mother, he said, "This is a clear conflict of interest. Can a serving minister do business related to his department?" He also alleged Kadam ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Holders of the World Liberty Financial token, WLFI, have voted overwhelmingly to make these tokens tradable, a decision that could significantly impact their market value and the financial interests of the Trump family. World Liberty Financial, a venture associated with Donald Trump's family, launched the WLFI tokens last autumn as part of its decentralized finance (DeFi) platfor ...Read More >
SRINAGAR: A defiant Jammu and Kashmir Chief Minister Omar Abdullah on Monday scaled the gates of the Naqshband Sahib graveyard to pay tributes to the 22 people killed by the Dogra army on July 13, 1931. The dramatic scene unfolded a day after Abdullah and several leaders of the National Conference and opposition parties were put under house arrest to prevent them from going to the graveyard to mark Martyrs' Day. National Conference president Farooq Abdullah took an autorickshaw from the Khanya ...Read More >
Mumbai: In a major policy shift aimed at enhancing state revenue, the Maharashtra government is preparing to lift a five-decade-long ban on issuing new wine shop licences. According to a Loksatta report, a government-appointed committee has recommended the issuance of 328 new licences, potentially ending a freeze that has been in place since 1974 due to public opposition. Why Is The Ban Being Lifted? The initiative forms part of a broader strategy to increase income through the state's Excise ...Read More >
Mumbai: The Adani Group has emerged as the only bidder without conditions in the race to acquire Jaiprakash Associates, submitting a ₹12,600 crore offer under the ongoing insolvency process. The other bidders - Dalmia Bharat, Vedanta, Jindal Power and PNC Infratech-have tied their bids to the resolution of a critical land dispute involving the Gautam Buddh Nagar Sports City project, currently pending before the Supreme Court. Jaiprakash Associates has attracted five bids, with Dalmia Bharat lea ...Read More >
Mumbai: Sebi on Monday proposed to allow asset management companies (AMCs) to offer services to pooled non-broad based funds such as family offices. At present, Sebi rules bar AMCs from providing management and advisory services to non- broad based funds, unless they mandatorily obtain a portfolio management services(PMS) licence to do the same. AMCs are currently permitted to provide management and advisory services to pooled assets which are broad based in nature. These restrictions were imp ...Read More >
New Delhi, Jul 7 (PTI) Markets regulator Sebi on Monday proposed allowing asset management companies (AMCs) or their subsidiaries to offer additional services related to fund management, such as acting as Points of Presence (POP) for pension schemes and serving as global distributors for the funds they manage or advise. Presently, AMCs and their subsidiaries are only allowed to provide services which are in the nature of management and advisory of pooled funds. On Points of Presence (POP) for ...Read More >
Mumbai: The chairperson of the Securities and Exchange Board of India (SEBI), Tuhin Kanta Pandey, has said that any form of market manipulation will not be allowed. He was speaking in Mumbai on Saturday, a day after SEBI took strict action against US-based trading firm Jane Street and three of its related companies. Stronger Watch on Illegal Trading Pandey said SEBI has increased its market surveillance to catch and stop illegal trading activities. "Market manipulation is not going to be toler ...Read More >
Srinagar- More than 100 current BBC employees have signed a scathing open letter accusing the broadcaster of failing its editorial standards and acting as "a mouthpiece" for Israel amid its coverage of the war in Gaza. The letter, also endorsed by over 300 media figures -- including actors Miriam Margolyes and Charles Dance, filmmaker Mike Leigh, and historian William Dalrymple -- criticizes the BBC for sanitizing the humanitarian crisis in Gaza and for internal censorship. "All too often it h ...Read More >
Mumbai, July 5 (SocialNews.XYZ) The Securities and Exchange Board of India (SEBI) Chairperson Tuhin Kanta Pandey on Saturday said that the regulator will not tolerate market manipulation, a day after US trading entity Jane Street and three of its related entities were barred from accessing the market. The SEBI chief, speaking to the media here, said the capital markets regulator has also enhanced surveillance of such illegal practices. "Market manipulation is not going to be tolerated," he adde ...Read More >
Mumbai: Capital markets regulator Sebi chairman Tuhin Kanta Pandey on Saturday made it clear that market manipulation is not going to be tolerated. Speaking with reporters a day after an interim order against New York-based hedge fund manager Jane Street, Pandey said surveillance has been increased both by the regulator and also at the exchange level. When asked if similar patterns have been seen with other foreign portfolio investors as well, Pandey said, "All what I can say that market manip ...Read More >
New Delhi, Jul 5 (PTI) Test preparatory firm Aakash Educational Services has sent a legal notice to consultancy firm EY, its partners and officials, accusing them of advising rivals in conflict of interest and professional misconduct, the company said on Saturday. Aakash Educational Services Ltd (AESL) has alleged that EY was deeply involved in its financial operations since 2021, including advising on the proposed merger with Think & Learn Private Ltd, which owns the Byju's brand. The test pr ...Read More >
New Delhi, Jul 5 (PTI) Test preparatory firm Aakash Educational Services has sent a legal notice to consultancy firm EY, its partners and officials, accusing them of advising rivals in conflict of interest and professional misconduct, the company said on Saturday. Aakash Educational Services Ltd (AESL) has alleged that EY was deeply involved in its financial operations since 2021, including advising on the proposed merger with Think & Learn Private Ltd, which owns the Byju's brand. Also Read | ...Read More >
New Delhi, Jul 4 (PTI) The BJP on Friday hit out at the Congress, alleging that the party has time and again taken positions that benefit China instead of India. This came after the Congress earlier said the Narendra Modi government must agree to a discussion on India-China relations in Parliament so that a consensus can be built for a collective response to the geopolitical and economic challenges that the neighbouring country poses to India, directly and through Pakistan. Also Read | Marathi ...Read More >
To foster competition and reflect evolving media consumption, the government proposes amendments to TV rating guidelines, removing entry barriers and cross-holding restrictions. These changes aim to allow multiple agencies, encourage new technologies, and provide more reliable data, especially for connected TV platforms. The move seeks to build a more transparent and inclusive TV rating ecosystem in India.New Delhi, In a bid to encourage competition, the government has proposed to remove entry b ...Read More >
Guwahati: The Ministry of Environment, Forest and Climate Change (MoEF&CC) has directed Assam's Principal Chief Conservator of Forests (PCCF) to initiate legal proceedings against Special Chief Secretary MK Yadava for unauthorized diversion of 11.5 hectares of forest land in the Damcherra Innerline Reserve Forest in Hailakandi district of Barak Valley. Yadava, who was then serving as PCCF and Head of Forest Force (HoFF), had approved the use of the forest land by the Assam Police Housing Corpor ...Read More >
BENGALURU: The Health and Family Welfare Department has written to the Drug Controller General of India (DCGI), seeking an investigation into alleged unethical clinical trials at Bengaluru-based HCG Hospital, a well-known cancer care hospital chain. The department acted after Justice P Krishna Bhat, former chairperson of the Institutional Ethics Committee (IEC) at HCG, raised serious concerns and resigned earlier this year. His resignation followed complaints about how clinical trials were bein ...Read More >
Kolkata: The CBI on Wednesday filed a supplementary charge sheet in the 2021 murder case of BJP worker Abhijit Sarkar, who was killed during post-election violence in Kankurgachhi. The charge sheet names Beleghata MLA Paresh Pal, Kolkata Municipal Corporation councillors Swapan Samaddar and Papiya Ghosh, along with 15 others.In the FIR, Sarkar's mother Madhabi said that on May 2, 2021, eight persons barged into their house at Narkeldanga around 3 pm and started enquiring about her son. The miscr ...Read More >
Bengaluru: The Central Drugs Standards Control Organisation (CDCSO) has set up a team to inspect the ethics committee of HCG Hospital, Bengaluru, amid concerns over conduct of clinical trials at the private facility. The inspection will take place Thursday and Friday.The decision follows a letter from K Srinivas, commissioner of food safety and drug administration, to CDCSO, pointing to potential violations in trial conduct that could affect patient safety, regulatory compliance and institutiona ...Read More >
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