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    SC sends back to SAT Vedanta-linked Cairn's Rs 5.25 crore SEBI penalty case
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    Yubi launches Pye, a multi-lender platform for retail borrowers, at Global Fintech Fest 2026
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September 9, 2026
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Evidentiary scrutiny of conflicting trading data governs review of alleged misleading buyback announcements and fraudulent trading practices.
Evidentiary scrutiny of conflicting historical trading data is required in the challenge to regulatory penalties arising from an alleged misleading open-market share buyback announcement. The Securities Appellate Tribunal must examine the discrepancy between the investigation report and exchange-furnished trading data, determine which data accurately reflects the trading position, and record specific findings on identified discrepancies. The allegations concern inadequate buy orders despite available sell orders, failure to utilise the prescribed minimum buyback size, and fraudulent conduct under unfair trade practices and buyback requirements.
September 9, 2026
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International crude oil price volatility increases fuel retailer under-recoveries, import costs, inflation pressures, and constraints on domestic rate transmission.
Elevated international crude prices, combined with unchanged retail petrol and diesel rates, have produced negative marketing margins for state-owned fuel retailers and under-recoveries on domestic LPG. India's reliance on imported crude increases exposure to a higher import bill, trade-balance pressure and currency weakness. Sustained crude-cost increases may feed into domestic inflation through fuel, transport and energy costs, while also raising input costs for oil-sensitive industries and constraining monetary easing if inflation broadens.
September 9, 2026
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Multi-lender digital lending platform centralises borrower onboarding, disclosures and lender selection while maintaining transparent credit offer comparisons.
Pye is a multi-lender digital lending platform that matches retail borrowers with regulated lending partners according to credit need, loan type and timeline. It centralises know-your-customer compliance, documentation and disclosures, avoiding repeated borrower processes across applications. Available offers are to be displayed neutrally, with pricing, terms and annual percentage rate disclosed before a borrower proceeds. Borrower data is shared only with lenders selected for an application, while the platform is intended to make credit access available through broader digital-service channels.
September 9, 2026
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Fintech-enabled financial inclusion advances through digital payments, MSME credit access, responsible innovation, and trust-centred financial safeguards.
Fintech expands financial inclusion through digital payment and banking infrastructure, enabling customers to transact, save and borrow through accessible channels. It improves efficiency through faster account opening and payment settlement, lower transaction costs, AI-driven fraud detection and real-time supervision. Cash-flow-based lending, account aggregators and the Unified Lending Interface support collateral-light formal credit for micro, small and medium enterprises. Regulatory engagement supports self-regulation, digital public infrastructure and responsible innovation while safeguarding trust, safety, inclusion, fairness and efficiency.
September 9, 2026
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Virtual asset AML/CFT compliance requires registration, reporting and record keeping, with non-compliant providers facing access takedown notices.
Virtual Digital Assets Service Providers operating in India, whether offshore or onshore, must register with FIU-IND as reporting entities when undertaking specified virtual-asset activities. Their obligations are activity-based and include registration, reporting, record-keeping and other requirements under the PMLA and rules made under it. Notices under the PMLA were issued to fifteen providers for non-compliance, accompanied by notices seeking takedown of their applications and URLs from public access.
September 9, 2026
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Startup and skills mission expands entrepreneurship training, formal employment pathways, export facilitation, and government-service advancement opportunities.
The Chief Minister Startup and NIPUN Mission promotes youth employment, skill development, entrepreneurship, innovation and technology-based industries through entrepreneurship centres, technology laboratories, industry excellence centres and a job engine aligned with industry requirements. The Export Promotion Policy strengthens export infrastructure, market access, trade facilitation and value-added agricultural and industrial exports. The maximum age limit for eligible government and allied personnel applying for other government services or higher posts has also been increased.
September 9, 2026
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Illicit cannabis trafficking enforcement targets concealed consignments across road, rail and air routes, using seizures and arrests under narcotics law.
Directorate of Revenue Intelligence operations targeting illicit narcotic drug trafficking resulted in the seizure of around 740 kg of cannabis, high-grade hydroponic cannabis and charas, and the arrest of 13 persons under the NDPS Act, 1985. Road-based interceptions involved drugs concealed in trucks and cars, including loading areas, floor cavities and secret compartments. Rail and air-route interdictions addressed passenger-based trafficking, including charas concealed on train passengers and high-potency cannabis carried by passengers arriving on international flights.
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.

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From Himalayas to Savannah: My Journey Across the World’s Big Cat Kingdoms

October 7, 2025

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For me, few moments match seeing a big cat in its natural home. A tiger moving through central India’s sal forests, a snow leopard slipping into Himalayan cliffs, a lion roaring across the African savannah — each sighting shows raw power and patient skill. Every encounter felt like a lesson in survival and the close ties between people and place. The Monarchs of India I began my journey at home in India. In Tadoba, Kanha, and Bandhavgarh, tigers moved through dense forest with quiet authority. I watched them mark trails, pause at waterholes, then melt back into the trees. In Gujarat’s Gir forest, I tracked the last Asiatic lions, a small population living among dry teak. Central and southern forests revealed leopards and, once, a black panther that ghosted past at first light. High in Ladakh, I spent cold days scanning ridges. One morning I finally saw a snow leopard — a faint shape on a rocky skyline that vanished almost as soon as I noticed it.

The Kings of the Savannah Months later, I crossed the ocean to Africa. In the Serengeti and Kenya’s Masai Mara, lions owned the plains. I rose before dawn to watch a pride move across tall grass, mothers guiding cubs, males patrolling their range. Cheetahs offered a different thrill. I watched one explode into a sprint and catch a gazelle in seconds. Leopards stayed hidden, draped in acacia branches, eyes fixed on the land below.

Two Continents, One Connection Walking those parks, I saw a common thread. The cats link lands and people through shared challenges. Local communities live beside predators and shape how places survive. Responsible travel can help, by creating income and reinforcing reasons to protect wildlife. Safaris stop being a simple list of species. They become a way to learn how whole ecosystems keep working.

A Personal Path One sunrise in the Mara still sits in my mind. The pride moved past our vehicle with a confidence born of generations on those plains. Weeks earlier in Kanha, I stood under a dense canopy and heard a tiger’s deep call ripple through the trees. Those moments were not separate. They felt like chapters of the same story, joined by a sense of place and the people who share it. It was this journey and these experiences that inspired Krunal Patel to leave IT domain and start Big Cats India and Big Cats Safari, allowing travellers to witness these majestic animals while also supporting the people who protect them.

Supporting Local Communities Safaris are about people as much as animals. In Gir, I walked with guides who know each lion by sight. In Ladakh, I joined trackers who spent weeks watching empty slopes for subtle signs. Their knowledge matters. When tourism pays wages, children attend school and families find new incomes. Villages begin to value wildlife rather than fear it. Conservation gains local roots. Krunal Patel’s vision ensures that safaris are not only about seeing big cats, but also about empowering local communities and preserving ecosystems for generations.

The Call of the Wild Some images do not fade. The ground shaking under thousands of wildebeest during the Great Migration. The hush of a Himalayan valley before dawn. In those moments, I felt like a guest in older landscapes. Big cats told those stories with a force I will not forget.

For anyone willing to follow their tracks — from India’s forests and mountains to Africa’s open plains — the reward is more than a sighting. It is a clearer sense of how people and nature can survive together, guided by the passion and vision of individuals like Krunal Patel.

(Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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