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    Premji Invest, Ranjan Pai family office seek CCI nod to acquire stakes in Akasa Air
    Need more professional regulation of financial markets; SEBI needs total overhaul: Cong
    A conclave on Restructuring of Real Estate Projects organised at IICA
    Vijay Mallya’s bankruptcy order appeals return to London High Court
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    IICA ORGANIZES A CUSTOMIZED THREE DAYS TRAINING AND CERTIFICATION PROGRAMME “ESG FOR BOARD MEMBERS” AT THE UNITED NATIONS REGIONAL OFFICE FOR ASIA...
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February 20, 2025
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Competition clearance sought for acquisition of airline stakes, applicants assert no horizontal overlaps but note vertical links.
CCI approval is sought for acquisition of shareholdings in SNV Aviation by PIOF, Claypond and a 360 ONE Asset managed fund; applicants assert no horizontal overlaps and no competition concerns, while acknowledging a notional vertical relationship with portfolio companies in domestic and international air transport and travel services. The filing links the transaction to fresh capital infusion for Akasa Air's growth and notes resulting dilution of existing shareholders.
February 20, 2025
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Financial market regulation: call for professional oversight and comprehensive overhaul of the regulator to curb over-financialisation.
Calls for professional regulation of capital markets emphasise risks from expanding market capitalization and concentrated financial-sector profitability, urging regulatory reform to improve market supervision, investor valuation awareness, and systemic scrutiny to counter over-financialisation, while recommending strategic focus on technology-driven manufacturing ecosystems to rebalance the economy alongside a proposed SEBI overhaul.
February 20, 2025
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Resolving insolvencies in real estate projects emphasizes IBC mechanisms and sector-specific skills for effective distressed asset resolution.
Restructuring of real estate projects focused on mechanisms to address distressed property assets and the role of the Insolvency and Bankruptcy Code in enabling structured resolution paths, highlighting valuation complexity, project completion issues, creditor coordination, and the need for sector-specific skills among insolvency professionals.
February 19, 2025
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Bankruptcy appeal over security and amendment challenges proceeds in London as court declines adjournment and excludes fresh evidence.
Appeals in the Chancery Division challenge findings that banks are not estopped by an Indian judgment from asserting security over specified assets, contest amendments to the bankruptcy order, and dispute the July 2021 bankruptcy order itself, with the English court refusing an adjournment pending Indian proceedings and excluding fresh evidence relating to asset recoveries.
February 19, 2025
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Financial transparency demanded: white paper sought to disclose state fiscal stress from guarantee schemes and unpaid public transport dues.
The opposition demanded a white paper on the state's fiscal condition before the budget, alleging that five universal guarantee schemes have created severe fiscal pressure. It cited unpaid liabilities to the state transport corporation and departmental electricity arrears as evidence of mounting solvency risk, and framed the white paper request as a call for budgetary disclosure and fiscal transparency ahead of the budget presentation.
February 19, 2025
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Corporate secretarial consolidation strengthens compliance and governance advisory, expanding services across capital markets, insolvency, and regulatory proceedings.
The merger consolidates Amita Desai & Co. with InCorp Global into a single Corporate Secretarial Practice led by Amita Desai as Co founder, expanding advisory capacity across Compliance and Governance, Equity Capital Markets, Mergers & Acquisitions, insolvency and voluntary liquidation, PMLA, stressed assets resolution, FEMA, GIFT City, ESG, and representation before regulatory and tribunal bodies such as NCLT, NCLAT, MCA and the Charity Commission, while leveraging InCorp Global's regional platform and investment backing.
February 18, 2025
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Securities offering limitations: proposed IPO filing is subject to approvals and US sales restricted to qualified institutional buyers.
The release includes regulatory disclosures that certain statements are forward-looking statements and subject to risks that may materially affect actual results, with no obligation to update. It states that a draft red herring prospectus has been filed for Greaves Electric Mobility Limited and that any proposed initial public offering is subject to requisite approvals, market conditions, and other considerations. The announcement is not an offer of securities; equity shares are not registered under the U.S. Securities Act and may only be sold within the United States to qualified institutional buyers under Rule 144A or outside the United States under Regulation S. Potential investors are warned of risks and urged to consult the prospectus.
February 17, 2025
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NFRA powers to investigate and penalise misconduct under scrutiny; procedural neutrality and separate adjudicatory arms emphasized.
The document addresses the validity of NFRA's power to issue show cause notices, investigate and penalise chartered accountants and audit firms, noting the high court upheld statutory provisions but quashed several notices due to lack of procedural neutrality where the same NFRA officials issued notices and adjudicated; a higher forum has taken the matter on notice and emphasized separation between investigative and adjudicatory functions to ensure fairness.
February 14, 2025
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Competing open offer permission denied due to insufficient financial proof, procedural noncompliance, and inadequate due diligence.
Sebi declined permission for a competing open offer for Religare Enterprises, finding the applicant lacked demonstrable financial ability and procedural compliance. The regulator cited failure to deposit funds as directed by prior judicial orders, absence of requisite regulatory approvals, inadequate due diligence and KYC by the applicant's merchant banker, and concluded the application appeared not bona fide but aimed at disrupting the ongoing open offer, which would prejudice tendering shareholders and the incumbent bidder.
February 14, 2025
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President's rule criticised as inadequate; party urges inclusive negotiations and time-bound restoration of democratic processes.
President's rule was imposed in Manipur with the assembly suspended after the chief minister's resignation; CPI(M) argues this is inadequate and was taken to buy time to settle coalition conflicts. The party blames the ruling party's sectarian approach for prolonged ethnic violence, criticises central inaction and demands that the Central government take responsibility by initiating inclusive negotiations with all political parties, protect democratic rights, and ensure elections within a time framework to restore normalcy.
February 12, 2025
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Sale of encumbered land: joint valuation and documentation review ordered to maximise proceeds for investor refunds.
A multi party meeting was directed comprising two officers each from the company and the regulator plus two SEBI nominated property consultants to explore terms and conditions for sale of the Versova plot to maximise realisations for investor refunds; the company must furnish full purchase/sale deeds and revenue documents. The court issued notices to the Ministry and state chief secretary to confirm whether the plot is, wholly or partially, mangrove or forest land, since environmental status may affect disposition and marketability.
February 11, 2025
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Recognition of influential leaders highlights cross-sector innovation and leadership driving inclusive technological and social initiatives.
Kiteskraft Productions LLP named ten leaders across sectors, profiling entrepreneurial and technological initiatives-blockchain fractional real estate, AI-driven MSME risk solutions, renewable energy and solar EPC expansion, infrastructure machinery innovation, education leadership, AI-based career transformation, literary philanthropy, corporate digital strategy, and homeopathic research-while noting Kiteskraft's ISO and MSME certifications and its role in recognising sectoral contributions.
February 11, 2025
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Regulatory compliance: Kotak Securities discloses registrations, investor risk warnings, and adherence to prescribed brokerage and margin rules.
Kotak Securities Ltd received an external workplace certification for its retail business following an employee survey and organisational culture assessment. The release highlights regulatory disclosures: the firm's intermediary registrations and services, investor warning that investments carry market risk and that prescribed risk-disclosure documents should be consulted, conformity with prescribed brokerage limits, and that margin or finance offers are subject to the provisions of an applicable regulatory circular, with compliance contact details and disclaimers supplied for investor due diligence.
February 11, 2025
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Mandatory women director requirement ties board composition to workplace safety and sexual harassment compliance obligations.
The Companies Act and rules mandate appointment of a woman director in listed and specified large public companies and require an annual Board Report statement confirming constitution of an Internal Complaints Committee under the Sexual Harassment of Women at Workplace Act, linking corporate disclosure to workplace safety compliance. Complementary government measures include credit and subsidy support for women entrepreneurs, targeted lending initiatives, maternity and wage protections, mandated creche facilities in larger establishments, and a centralised SHe-Box for filing sexual harassment complaints.
February 10, 2025
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NCLT irregularities alleged: call for investigation into asset auction haircuts harming banks and enriching few.
Allegations assert that NCLT processes have enabled asset auctions to realise recoveries well below asset values, producing haircuts that constitute losses to banks while advantaging a small set of purchasers; a formal investigation was urged to ascertain true asset values, identify buyers, and quantify bank losses. The speaker also criticised relative reductions in budgetary allocation shares for education, agriculture, health and infrastructure, warned that lower public health spending maintains high out-of-pocket costs, and cautioned that repo rate cuts could weaken bank financial health.
February 7, 2025
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Anticipatory bail denied as serious cross-border financial fraud warrants custodial interrogation and risks collusion among closely related accused.
The court refused anticipatory bail to the mother-son applicants in an alleged cross-border financial fraud, highlighting the gravity of the offence to commercial interests, the difficulty of proving conspiracies, and the heightened risk of collusion due to close familial relations; it held that sustained custodial interrogation was vital and that the applicants' assertion of being mere signatories could not be accepted on face value in light of the material on record, while acknowledging the presumption of innocence.
February 6, 2025
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MoU on carbon markets strengthens capacity building, research, training and policy advocacy to advance decarbonisation and sustainable finance.
A Memorandum of Understanding between IICA and CMAI formalises collaboration to strengthen India's carbon markets by delivering training programmes, conducting joint research, organising workshops and conferences, and pursuing policy advocacy to support decarbonisation strategies, capacity building, and the development of carbon offset mechanisms for corporate implementation.
February 5, 2025
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Recognition of Excellence: Kiteskraft unveils Empowering Icons, highlighting leaders across education, healthcare, technology and social welfare.
Kiteskraft Productions LLP announced the "Most Empowering Icons of 2025," listing individual honourees across education, healthcare, technology and social welfare, with biographical summaries detailing professional roles, publications, research projects, awards, training credentials and community initiatives. The release also describes Kiteskraft's organisational background and certifications and carries a PRNewswire/PTI distribution disclaimer without editorial responsibility.
February 4, 2025
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Market transparency: Hindenburg's founder closes firm but affirms forensic reports and editorial independence amid regulatory scrutiny.
Hindenburg's founder announced closure of the firm while standing by its forensic reports alleging corporate misconduct, rejecting that the decision stemmed from threats or investigations. He stressed the firm's methodology of following red flags, maintained editorial independence, and described the short-selling business model of investing its own capital or partnering on balance sheets with disclosures in its reports. The statement noted regulatory interactions-denying SEC investigation and acknowledging that Indian market regulator inquiries predated Hindenburg's Adani report-and framed the firm's role as exposing matters for regulatory scrutiny.
February 4, 2025
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ESG governance for boards: training to embed ESG into corporate strategy and strengthen board accountability and disclosures.
A three-day training and certification programme "ESG for Board Members" instructed board-level integration of Environmental, Social and Governance considerations, emphasizing the business case for ESG, embedding ESG into corporate strategy, Board accountability for climate impacts, resilient business model design, risk mitigation, stakeholder engagement, CSR governance, ESG disclosure, human rights due diligence, and grievance redressal mechanisms, delivered by experts and organized by IICA in collaboration with UNDP to build board capacity and complement IICA's six-month ESG professional programme.

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