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    Yubi Group Launches Yubi Asset Management, and its portfolio management service, Yubi PoleStar
    Refiners to sell 2.5 lakh tonnes of white sugar in domestic market: Shree Renuka Sugars MD & CEO
    Ember Unveils SuperPan, Creating a New Category of Uncoated, Non-Stick Titanium Steel Cookware
    Competition Commission rejects complaint against Keralam govt's Priyadarshini Scheme
    Asia's Energy Rise Reshapes Global Markets as Russia and China Deepen Cooperation
    Open a Savings Account in Minutes with Full Video Banking and Zero Paperwork; AU Small Finance Bank Brings Banking to Your Doorstep
    PM Narendra Modi Witnesses Perfios' Showcase of the AI-Powered Future of Banking at GFF 2026
    India’s Logistics Infrastructure Is Scaling Fast. Hemant Kejriwal Says the Next Challenge Is Inside the Supply Chain
    US banning dairy products, most alcoholic beverages and motorcycles from Canada
    Trump moves to bar Canadian products from US contracts as Canada's retaliatory tariffs take effect
    Bajaj Finance Acquires 5% Stake in TrueFan AI as part of Finserv Intelligence
    SC dismisses BDPL's plea, brings one of India's longest-running corporate disputes to end
    CMRL case: ED writes to Keralam DGP seeking FIR against ex-CM Vijayan, daughter and son-in-law
    RSP MP Premachandran seeks CPI(M) stand on ED probe into Pinarayi Vijayan, family
    UpTik Strengthens Strategic Advisory Board with Appointment of Mr. Rajaram and Mr. Bala Swaminathan
    SC rejects proposal of Parsvnath Developers for homebuyers, asked it to file another
    India faces higher oil import costs as crude prices surge on West Asia supply risks
    Swyom Advisors Marks Three Years of Operations at 'Beyond Alpha: Chapter 3' in Mumbai
    CMRL case: ED writes to Kerala DGP seeking FIR against ex-CM Vijayan, daughter Veena, son-in-law
    ED writes to Kerala DGP seeking FIR against ex-CM Vijayan, daughter, son-in-law in CMRL case
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September 9, 2026
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Portfolio management services introduce credit-focused strategies with custody, valuation, disclosure and risk safeguards for eligible investors.
Yubi PoleStar is a SEBI-registered portfolio management service offering credit-focused strategies for income, liquidity, long-term wealth creation and bespoke multi-asset portfolios. Investment selection and monitoring use a six-gate credit architecture, weighted credit-risk assessment, investment committee oversight, independent valuation and segregated client custody. SEBI registration does not guarantee performance or returns. Investments involve market, credit and liquidity risks, including loss of principal, and are subject to the disclosure document, prescribed minimum investment requirement and applicable accredited-investor relaxations.
September 9, 2026
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Advance licensing sugar refiners redirect export-oriented refined sugar to domestic sales to increase supply and restrain prices.
Advance licensing scheme sugar refiners are required to divert refined white sugar, produced from imported raw sugar ordinarily intended for export, to the domestic market to augment supplies. Domestic sugar-price management also includes duty-free sugar imports, tighter stockholding limits for bulk users and dealers, and restrictions on sugar exports. These measures operate against revised production estimates, projected domestic demand, available stocks, and concern over price increases by sugar mills.
September 9, 2026
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Zero-coating TitaniumSteel cookware uses NanoFusion surface engineering to deliver naturally non-stick, high-heat, metal-utensil-compatible cooking performance.
SuperPan introduces TitaniumSteel, a titanium-and-stainless-steel material engineered through a patent-pending NanoFusion process for uncoated, naturally non-stick cookware. Titanium is permanently fused with stainless steel, and microscopic surface texturing is designed to retain a thin oil film without a synthetic non-stick layer. The five-ply construction is described as supporting durability, high-heat cooking, metal-utensil use and food release without PTFE, PFAS or other synthetic coatings.
September 9, 2026
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State-funded welfare schemes do not alone establish exclusionary conduct when fare benefits influence passenger choice and private operator revenues.
State-funded free travel for eligible passengers on specified public transport services does not ordinarily attract competition-law scrutiny merely because private operators lose passengers or revenue. Passenger preference arising from a fare concession, where the State bears the cost, does not by itself establish abuse of dominance, denial of market access, or unfair or discriminatory conditions. Differential commercial impact must be accompanied by independent exclusionary or unfair market conduct to constitute a competition-law contravention.
September 9, 2026
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Energy security cooperation broadens across fuels, nuclear power, critical minerals, electrification, and alternative logistics amid market disruption.
Energy security cooperation between Russia and China covers oil, gas, coal, nuclear power, renewable generation, battery storage, electricity grids, critical minerals, transport electrification and alternative logistics. Supply-chain resilience is linked to diversified fuel supplies, strategic oil reserves, mineral access and reduced dependence on vulnerable transport corridors. Alternative routes are presented as reducing delivery times and logistics costs, while bilateral settlements in national currencies support the wider economic relationship amid trade disruption, currency volatility and energy-market uncertainty.
September 9, 2026
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Digital savings account opening through video KYC enables remote onboarding, immediate transactions, and paperless customer service.
Digital savings account opening through video KYC enables remote onboarding without a branch visit, physical paperwork, or printed forms. Individuals holding valid Aadhaar and PAN may submit basic particulars, complete a live video interaction, upload identity documents digitally, select account preferences, and activate the account for transactions. Video Banking also provides live assistance for KYC completion, account queries, and service requests. Savings deposits earn daily balance-based interest paid monthly, with tiered rates, while a digital calculator estimates prospective interest earnings using current rate slabs.
September 9, 2026
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AI-enabled credit assessment uses alternative financial data to support inclusive lending, compliance, fraud controls, and customer servicing.
Agentic AI-enabled credit assessment uses alternative financial and commercial data to support formal credit access, including rural payment records, UPI transactions, GST data, trade data and banking data. Lending functions include automated assessment, AI-assisted underwriting, data intelligence and document processing. AI applications also support fraud and anti-money-laundering investigations, data-protection compliance, insurance operations, customer servicing and collections actions subject to compliance and policy guardrails.
September 9, 2026
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Supply-chain interoperability and flexibility can convert logistics infrastructure into strategic resilience amid changing trade routes and demand.
Supply-chain flexibility, interoperable data systems and strategic use of logistics infrastructure are central to the next phase of logistics development. Flexible warehousing can help businesses adjust capacity to changing demand and inventory needs, while specialised third-party logistics providers may add sector-specific value. Digital integration is necessary before artificial intelligence can effectively support forecasting, visibility and route planning. Geopolitical disruption also increases the importance of inventory optionality, rerouting capacity, Special Economic Zones and Free Trade Warehousing Zones.
September 9, 2026
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Reciprocal trade restrictions bar dairy, alcohol, motorcycles, and procurement access after retaliatory import tariffs escalate bilateral dispute.
United States trade measures prohibit Canadian dairy products, most alcoholic beverages and motorcycles, and exclude Canadian products from large, long-term government contracts until full and fair reciprocity is available for American products. Canada has imposed retaliatory tariffs on hundreds of American goods, maintaining that countermeasures are necessary where Canadian businesses face United States tariffs. The dispute has prompted Canada to pursue domestic investment, infrastructure development and trade diversification, including exploration of closer European Union cooperation.
September 9, 2026
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Government procurement reciprocity excludes Canadian products from long-term contracts as retaliatory tariffs intensify the bilateral trade dispute.
Government procurement reciprocity has been invoked to make Canadian products ineligible for large, long-term United States government contracts until "full and fair reciprocity" is afforded to American products. Canada has imposed retaliatory tariffs on hundreds of American products to prevent tariff-free entry of those goods while Canadian businesses remain subject to United States tariffs. Canada also identifies trade diversification, domestic investment, infrastructure development and deeper European Union cooperation as measures to reduce economic dependence and preserve policy autonomy.
September 8, 2026
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Strategic equity investment in AI video technology supports expanded enterprise automation, personalised communication, and startup innovation collaboration.
Bajaj Finance acquired a 5% equity stake in TrueFan AI through Finserv Intelligence, an applied research and innovation initiative supporting scalable technology enterprises. The investment follows existing use of TrueFan AI's platform for personalised customer engagement and dealer enablement. The parties intend to expand collaboration in personalised marketing, high-volume video generation, live-avatar assistance, multilingual communication, learning and development, and digital onboarding. The partnership combines equity participation with development of technological capabilities and long-term strategic value.
September 8, 2026
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Corporate share transaction validity was sustained after allegations of altered control and financial impropriety were rejected in prolonged proceedings.
The National Company Law Appellate Tribunal set aside the Tribunal's decision after considering historical corporate records and contemporaneous material, rejecting allegations of financial impropriety concerning the private placement and share transfers. It upheld the relevant corporate decisions and transactions. The Supreme Court declined to interfere with the appellate determination, concluding the prolonged challenge brought by Bhagwati Developers Private Limited.
September 8, 2026
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PMLA information-sharing enables a police FIR request over alleged bribery, sham consultancy payments, and suspected fund routing.
Enforcement Directorate used PMLA information-sharing powers to seek a police FIR over alleged bribery, sham consultancy payments, and laundering of funds linked to CMRL and Exalogic Solutions. The allegations concern purported payments for IT consultancy services, use of Exalogic Solutions as a corporate vehicle for routing payments, and alleged transfers of funds to Dubai. The investigation also draws on allegations of fictitious corporate expenditure that generated cash for unlawful payments.
September 8, 2026
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PMLA information-sharing in alleged consultancy payments enables police FIR registration and potential money-laundering proceedings thereafter.
Section 66(2) of the Prevention of Money Laundering Act permits the Enforcement Directorate to share criminal-investigation findings with law-enforcement agencies for registration of a fresh FIR or complaint. A police case registered on that information can form the basis for a PMLA case. In the reported investigation, FIR registration was sought on evidence gathered during the PMLA probe and searches concerning alleged consultancy payments.
September 8, 2026
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Governance and risk oversight gain focus as strategic advisers support institutional-grade alternative credit operations for MSMEs.
Strategic Advisory Board appointments add Mr. Rajaram and Mr. Bala Swaminathan to UpTik's advisory leadership for its invoice discounting and alternative credit operations. Their respective experience in structured finance, regulatory compliance, banking operations, treasury and institutional finance is intended to strengthen governance, risk oversight, compliance, credit-management frameworks and institutional partnerships. The appointments support expansion of transparent and responsible alternative credit access for MSMEs.
September 8, 2026
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Homebuyer claims and delayed possession require a comprehensive proposal, while frozen accounts remain unavailable for insolvency operations.
Proceedings concerning delayed real-estate projects require a fresh comprehensive proposal addressing possession, refunds, delayed-possession compensation, and enforcement-related claims of all homebuyers across the developer's group entities. An inadequate proposal may lead to appointment of a High-Powered Committee to assume relevant responsibilities. Frozen bank accounts remain under restraint, and a request by the Insolvency Resolution Professional to operate an account for company affairs was not entertained. The proceedings also raise concerns over enforcement of real-estate regulatory directions and protection of homebuyers facing prolonged delays.
September 8, 2026
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Crude oil price volatility heightens India's import, inflation and fuel-retailer margin pressures amid West Asia supply disruptions.
Elevated crude prices arising from West Asia supply and maritime-transit risks increase India's oil import costs and may pressure the trade balance and currency. Higher international crude prices can feed into domestic inflation through fuel, transport and energy costs, depending on domestic price pass-through and the duration of the increase. Retail fuel-price restraint may compress fuel-retailer margins and increase LPG under-recoveries. Refiners, distributors, airlines, petrochemical businesses and other energy-intensive sectors also face higher costs, particularly where crude, LPG and naphtha supplies depend on regional transit flows.
September 8, 2026
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Alternative investment fund private placements require eligible investors and governing offering documents, with market-risk and no-advice disclosures.
Alternative Investment Fund units are not offered through public solicitation. Subscriptions, purchases or dealings in units may occur only by private placement to eligible investors and on the terms of the relevant private placement memorandum and constitutive documents. The material is not investment advice or a recommendation concerning securities or companies. Securities-market investments carry market risk, and past performance does not assure future results. Category III fund management is also associated with investment-process assessment, risk governance and institutional infrastructure.
September 8, 2026
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PMLA information-sharing mechanism triggers requested corruption FIR based on alleged consultancy payments and suspected proceeds of crime.
The requested police case concerns allegations that CMRL made fraudulent payments to Exalogic Solutions, a now-defunct company, by representing them as consideration for IT consultancy services. The investigation also alleged generation of proceeds of crime by CMRL management and persons connected with the recipient company. Searches reportedly resulted in seizure of handwritten notes containing details of certain fund transfers to Dubai.
September 8, 2026
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PMLA information-sharing mechanism supports police FIR referral based on alleged CMRL-linked payments and investigation material.
PMLA information-sharing power under section 66(2) permits the Enforcement Directorate to transmit money-laundering investigation findings and material recovered through searches to a law-enforcement agency for consideration of a fresh FIR or complaint. An FIR registered on that basis may also support a PMLA case. Registration was reportedly sought in relation to alleged CMRL-linked bribery involving purported fraudulent consultancy payments and material said to record fund transfers to Dubai.

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VELS University School of Law Marks its Decennial Year with Supreme Court and Madras High Court Dignitaries

September 24, 2025

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Chennai, Tamil Nadu, India (NewsVoir) The School of Law, VELS Institute of Science, Technology and Advanced Studies (VISTAS), a premier law institution in Chennai, marked its decennial year with grandeur at the University campus in Pallavaram, Chennai. The occasion was graced by eminent Judges of the Supreme Court of India and High Court of Madras. Hon’ble Mr. Justice N. Kotiswar Singh, Judge, Supreme Court of India, was the Chief Guest. Hon’ble Mr. Justice R. Mahadevan, Judge, Supreme Court of India, attended as the Guest of Honour, while Hon’ble Mr. Justice Manindra Mohan Srivastava, Chief Justice of the Madras High Court, joined as the Distinguished Guest. Several Judges of the Madras High Court, including Hon’ble Mr. Justice M. Nirmal Kumar, Hon’ble Mr. Justice G.K. Ilanthiraiyan, Hon’ble Mr. Justice D. Bharatha Chakravarthy, and Hon’ble Mrs. Justice R. Kalaimathi, graced the occasion as Special Guests. The event also witnessed the presence of Mr. S. Prabakaran, Vice Chairman, Bar Council of India, Mr. P.S. Amalraj, Chairman, Bar Council of Tamil Nadu and Puducherry, and Dr. S. Sivakumar, Senior Professor, Indian Institute of Legal Studies (Delhi) and former Member, Law Commission of India. The program commenced with a welcome address by Dr. Preethaa Ganesh, Vice President, Vels Group of Institutions. Dr. Ishari K. Ganesh, Chancellor of VELS University, felicitated the dignitaries and, in his Presidential Address, lauded the remarkable journey of the School of Law while encouraging students to embrace challenges as opportunities. Dr. S. Ambika Kumari, Dean of VELS School of Law, highlighted a decade of achievements, including excellence in legal research, Moot Court competitions, and the institution’s rising reputation among law colleges in India. Prizes were also awarded to students who excelled in the inter-college moot court competitions. Mr. S. Prabhakaran, Vice Chairman, Bar Council of India, praised the Chancellor’s vision, noting that the School has grown from 90 students to over 2,000 registered advocates with the Bar Council. The distinguished Justices shared their thoughts with students and faculty: Justice N. Kotiswar Singh, in his keynote address, emphasized the transformative role of legal education in shaping a just society. He urged law students to uphold integrity and fairness in their legal careers, stressing the importance of ethical practice. He also appreciated the School of Law for instilling values alongside academic rigor. Justice R. Mahadevan, addressing as Guest of Honour, commended the rapid progress of VELS School of Law within a decade and highlighted the need for lawyers to adapt to the evolving demands of technology and globalization. He encouraged students to pursue continuous learning, especially in emerging areas such as cyber law and intellectual property rights. Chief Justice of Madras High Court Justice Manindra Mohan Srivastava commended the School’s alumni who have risen as judges and successful advocates, reminding students that law is not just a livelihood but a service to society. Justice D. Bharatha Chakravarthy stressed the growing importance of mediation and arbitration in modern legal practice. Justice G.K. Ilanthiraiyan urged students to actively participate in moot court competitions and develop their advocacy skills. Justice M. Nirmal Kumar emphasized the nobility of legal education and the qualities expected of advocates. Justice R. Kalaimathi praised the institution’s accomplishments and extended her best wishes. The Decennial Year celebrations kicked off in September 2025 with the Tamil Moot Court Competition, fostering regional language advocacy. October will feature the vibrant Law Fest, with inter-collegiate competitions, debates, and cultural events. From October 2025 to March 2026, a series of events such as Conferences, Seminar, Workshops, Endowment and Special Lectures by distinguished jurists and legal experts have been proposed to be conducted. About VISTAS VELS Institute of Science, Technology and Advanced Studies (VISTAS) was declared a deemed-to-be University in 2008 by the Ministry of Human Resource Development, Government of India. With over 18,000 students and 1,100 faculty members, it offers 100+ programs across diverse fields including Medicine, Engineering, Law, Pharmacy, Nursing, Commerce, Maritime Studies, and Agriculture. VISTAS is recognised as one of the best deemed universities in Chennai for higher education. The University is recognized by UGC, AICTE, NMC, INC, PCI, BCI, DGS, and NCTE, holds NAAC A++ accreditation, has 11 NBA-accredited programs, and enjoys UGC 12(B) status. In the 2024 NIRF rankings, VISTAS was placed in the 101–150 band overall, with its Pharmacy discipline ranked 61st. About VELS School of Law Established in 2015, VELS School of Law in Chennai offers integrated five-year law programs, a three-year LL.B., and LL.M. programs in multiple specializations, along with a Ph.D. in Law. With over 2,500 students and 85 faculty members, the School combines rigorous academics, Moot Court competitions, legal internships, and community legal aid programs. Recognised for producing skilled advocates and socially responsible legal professionals, it has emerged as one of the best law schools in Chennai. For more details kindly visit www.vistas.ac.in. (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI

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