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May 27, 2026
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Regulatory fairness in competition law requires legality, reasoned decision-making and equal treatment of foreign investors.
The Supreme Court set aside the penalty and suspension orders passed against Amazon concerning its investment arrangement with Future Coupons Pvt Ltd, and directed refund of any amount deposited or recovered. The Court held that regulatory authorities must act within statutory limits and with fairness, legality, reasoned decision-making, certainty and predictability, especially in economic regulation and cross-border investment matters. It also stated that fair treatment of foreign investors means equal treatment under the same law and procedural safeguards.
May 27, 2026
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Money laundering probe linked to ED raids, vehicle attack and arrests amid stand-off outside party office
Violent attack on vehicles carrying Enforcement Directorate officials led to arrests, with police identifying several persons as directly involved and maintaining a presence outside a CPI(M) office during a stand-off. The ED action formed part of a wider money laundering probe linked to financial dealings between a former Chief Minister's daughter's firm and a sand mining company, arising from questions over transactions between CMRL and a now-defunct firm under a Prevention of Money Laundering Act case.
May 27, 2026
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Money laundering probe over alleged illegal nightclub operations leads to fresh asset attachment and proceeds of crime claims.
Provisional attachment under the Prevention of Money Laundering Act was made in relation to the alleged illegal operation of a Goa nightclub, with fresh immovable assets attached and the cumulative attachment and freezing in the case stated to have increased. The ED alleged continued commercial activity without mandatory statutory clearances, use of forged documents to obtain licences, and treatment of the revenue generated as proceeds of crime under the anti-money laundering law.
May 27, 2026
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Election administration and commercial regulation dominate Supreme Court updates on voter rolls, GST, tribunal practice, and online gaming.
Election administration and electoral procedure featured prominently, with the Supreme Court upholding the Election Commission's power to conduct a Special Intensive Revision of voter rolls and leaving to the Commission a plea to modify VVPAT guidelines. The Court also said the ongoing trial in the 2023 Manipur ethnic violence should be expedited, and it addressed online hearings, language policy, transgender law challenges, retrospective GST on online gaming, tribunal practice restrictions, and the Amazon-Future Group dispute.
May 27, 2026
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Electoral roll verification framework upheld as Aadhaar remains only an identity document, not proof of citizenship.
The Supreme Court examined the Election Commission's documentation framework for the Special Intensive Revision of electoral rolls and its authority to classify documents by evidentiary value. It recognised electoral roll preparation as a constitutional function requiring verification of residence, identity and eligibility, and said the Commission may design reasonable procedures suited to the survey. Aadhaar is not proof of citizenship or domicile, though it may be used for limited identity verification, and ration cards may be excluded for evidentiary unreliability.
May 27, 2026
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Financial inclusion outreach boosts bank lending, CSR support, and service access through flagship schemes in Tripura.
Credit outreach programme in Agartala, Tripura, facilitated disbursement of loans through participating banks under Government of India flagship schemes, with financial support extended to beneficiaries and project-related sanctions handed over during the event. The programme also included CSR-linked assistance, including ambulances and medical equipment funding, along with the virtual inauguration of a bank branch, an ATM, and customer service points across Tripura. The Secretary, Department of Financial Services, highlighted the implementation of government flagship financial inclusion schemes in Tripura, including PM Jan Dhan Yojana, PM MUDRA Yojana, PM Jeevan Jyoti Bima Yojana, PM Suraksha Bima Yojana, and Atal Pension Yojana.
May 27, 2026
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Money laundering probe under PMLA continued despite no formal FIR, as the High Court upheld ED's jurisdiction.
Enforcement Directorate action proceeded in relation to alleged financial irregularities linked to a company associated with a former chief minister's daughter, after earlier income tax searches and an SFIO investigation. The company sought to quash the ECIR, summons and related proceedings, arguing that no scheduled offence existed when the PMLA probe began and that the ED lacked jurisdiction before a formal FIR or final report. The Kerala High Court held that the ED was legally empowered to continue the money laundering investigation.
May 27, 2026
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Financial inclusion outreach promotes productive credit use, entrepreneurship and disciplined borrowing to support livelihoods and prevent bad loans.
Financial inclusion initiative was advanced through a credit outreach programme at Udaipur, District Gomati, Tripura, where banks sanctioned loans to beneficiaries and NABARD and SIDBI announced additional project funding. CSR assistance was also extended for improving school and anganwadi infrastructure, and a cluster development branch of SIDBI was inaugurated to support the MSME sector and regional borrowers. The Department of Financial Services also unveiled the Financial Inclusion 2.0 Vision Document as part of the outreach effort. The Secretary, Department of Financial Services, emphasised productive credit utilisation, entrepreneurship-led employment generation and financial discipline, and urged beneficiaries to prevent loan accounts from turning into non-performing assets.
May 27, 2026
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Bilateral trade negotiations advance as India and the United States discuss an interim agreement and broader market access issues.
India and the United States have continued negotiations toward an Interim Agreement within the broader Bilateral Trade Agreement framework, with the U.S. negotiation team visiting India to advance the interim arrangement and broader BTA talks. The discussions are proposed to cover market access, non-tariff measures, customs and trade facilitation, investment promotion, and economic security alignment.
May 27, 2026
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Bilateral trade pact negotiations continue as India and the United States revisit tariffs, market access, and supply chain cooperation.
India and the United States are continuing negotiations on an interim bilateral trade pact and the broader bilateral trade agreement, with the planned talks focused on finalising the legal text and addressing market access, non-tariff measures, customs and trade facilitation, investment promotion, and economic security alignment. The proposed framework includes tariff reductions, expanded market-opening commitments, and recalibration of the agreement in light of the changed US tariff environment, alongside cooperation on critical minerals and related supply chains.
May 27, 2026
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Money laundering probe targets alleged fraudulent payments and related transactions linked to CMRL and connected entities
The Enforcement Directorate searched premises linked to former Kerala chief minister Pinarayi Vijayan, his family members and persons associated with CMRL in a money laundering probe under the Prevention of Money Laundering Act. The case concerns alleged fraudulent payments to Exalogic Solutions Private Limited, loans allegedly advanced despite repayment defaults, and related transactions said to have generated proceeds of crime. The agency acted on the basis of a Serious Fraud Investigation Office prosecution complaint treated as the predicate offence.
May 27, 2026
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Interim trade agreement talks between India and the United States advance with focus on market access and trade facilitation.
Trade negotiations between India and the United States are continuing through an upcoming visit by the US chief negotiator's team to India to finalise the details of an interim trade agreement and advance the broader bilateral trade agreement framework. The discussions concern reciprocal and mutually beneficial trade and are expected to address market access, non-tariff measures, customs and trade facilitation, investment promotion, and economic security alignment.
May 27, 2026
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Rupee pressure from US-Iran tensions and strong dollar keeps currency range-bound ahead of RBI policy meeting
The rupee settled largely unchanged against the US dollar amid cautious sentiment driven by renewed US-Iran tensions, a stronger dollar and weak domestic equities. Foreign institutional outflows added pressure, while softer crude oil prices provided limited support. Market attention also turned to the upcoming RBI Monetary Policy Committee meeting, and traders expected the dollar-rupee pair to remain range-bound in the near term.
May 27, 2026
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Independence of the judiciary guides the bar on former tribunal members practising before the same tribunal system.
Retired judicial and technical members of the National Company Law Tribunal and the National Company Law Appellate Tribunal are prohibited from appearing, acting, pleading, or otherwise practising as advocates or consultants before those tribunals. The challenge concerned a regulation imposing a complete bar on such practice by former tribunal members, with the petitioner contending that a cooling-off period should replace the prohibition.
May 27, 2026
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PMLA money-laundering probe over alleged illegal payments continues after a challenge to the proceedings was dismissed.
Enforcement action under the Prevention of Money Laundering Act concerns alleged illegal payments by a private company to a firm linked with Veena T, following complaints and tax-related scrutiny of the transactions. The investigation led to searches at multiple premises, while a writ petition challenging the proceedings was dismissed, leaving the agency free to continue its probe.
May 27, 2026
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Online filing of ITR-2 is enabled for capital gains taxpayers without business income on the e-filing portal.
Online filing and Excel utility for ITR-2 have been enabled on the e-filing portal for assessment year 2026-27, allowing eligible individuals and Hindu undivided families with capital gains income, but no business or profession income, to begin filing returns.
May 27, 2026
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Election roll revision powers, money-laundering searches and exam leak arrests feature in a packed set of legal developments.
The highlights report election-related, enforcement and criminal investigation developments, including the Supreme Court's view on the Election Commission's power to conduct a Special Intensive Revision of voter rolls for fair elections, searches in a money-laundering investigation, arrests in the NEET UG paper leak case, and comments that the proposed Uniform Civil Code Bill is intended to protect women's rights and is not against any religion.
May 27, 2026
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PMLA investigation over CMRL payments triggers political motivation claims and continued scrutiny of the ED raids.
ED raids were reported in a PMLA investigation linked to alleged payments by Cochin Minerals and Rutile Ltd. to Exalogic Solutions, the company associated with Veena Vijayan. The probe stemmed from an SFIO complaint and earlier scrutiny by the Income Tax Department settlement board, while the Kerala High Court had dismissed CMRL's writ petition to quash the ED proceedings. CPI(M) leaders alleged the raids were politically motivated and maintained that the payments were for services rendered, not illegal transactions.
May 27, 2026
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Anti-trust challenge over Amazon's investment deal leads to setting aside of penalty and deal suspension orders.
Challenge to anti-trust action concerning Amazon's investment deal with Future Group. The Supreme Court set aside the NCLAT order that had rejected Amazon's appeal, and also set aside the Competition Commission of India's order imposing a penalty and suspending the deal. The Court further directed refund of any amount deposited or recovered from Amazon pursuant to the impugned orders within eight weeks.
May 27, 2026
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Merger approval and share issuance in the absorption of Indovida India into EPL Limited in the packaging sector.
Competition Commission of India approved the proposed merger of Indovida India Private Limited with and into EPL Limited by way of absorption. EPL, as the post-merger resultant entity, is to issue and allot shares on a proportionate basis to the shareholders of Indovida India in consideration of the merger. Indovida India is a wholly owned subsidiary within the Indorama group, while EPL is engaged in the manufacture and sale of packaging products.

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India’s Regulated Organizations Now Have a Native Answer to the Database Visibility Crisis

May 30, 2026

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ESDS Software Solution Limited strengthens its enterprise security offering with Enlight Jatayoo — a purpose-built Database Activity Monitoring platform that gives organisations across BFSI, government, healthcare, manufacturing, and every sector that holds data continuous, forensic-grade visibility into database activity, privileged access, and SQL-level behaviour, from a fully sovereign, air-gap infrastructure. Mumbai, India, 30 May 2026: ESDS Software Solution Limited, India’s sovereign cloud and data centre provider, today announced the availability of Enlight Jatayoo, a Database Activity Monitoring (DAM) platform purpose-built for India’s regulated industries. The platform addresses a critical and largely unresolved gap in enterprise data security: the absence of continuous, forensic-grade visibility at the database layer the final frontier where an organisation’s most sensitive data resides.

As India’s regulatory landscape grows more demanding with CERT-In mandating 180-day log retention, RBI tightening privileged access controls, and SEBI’s Cybersecurity and Cyber Resilience Framework (CSCRF) expanding database audit obligations the pressure on CISOs, compliance heads, and DBA leaders to demonstrate real-time visibility into database activity has intensified. Yet, for most enterprises, the database layer remains the least monitored system in their security architecture.

Enlight Jatayoo is designed to resolve this. Built on an air-gap, fully on-premises architecture, the platform deploys without requiring a database restart eliminating the change management overhead and operational downtime risk that have historically made enterprise security deployments disruptive. No data leaves the customer’s infrastructure. No foreign cloud dependency. No third-party exposure risk Piyush Somani, Promoter, Managing Director and Chairman, ESDS Software Solution Limited, said: “Over 74% of confirmed data breaches globally involve access to privileged credentials or insider access and the database is the final destination in every one of those incidents. Organisations across every sector banking, government, healthcare, manufacturing — have invested heavily in perimeter security. Firewalls. Endpoint agents. SIEM platforms. But the database layer, where the actual data lives, has remained a blind spot.

That blind spot is no longer acceptable. Regulatory mandates are tightening. Audit expectations are rising. And the threat is no longer theoretical. Enlight Jatayoo Database Activity Monitoring (DAM) platform is built on Indian soil, for Indian operating realities, deployable without disrupting a single production system. We believe the next decade of enterprise data security will be defined by how deeply organisations understand what is happening inside their databases. Enlight Jatayoo is how they find out.” Piyush Somani, Promoter, Managing Director and Chairman, ESDS Software Solution Limited The Database Visibility Gap: Key Challenges Organisations across sectors face a compounding set of challenges at the database security layer: • No query-level visibility: Most organisations can detect a network intrusion but cannot identify which SQL query was executed, by whom, against which table. The database generates no native alert when a privileged user extracts millions of records.

• Insider threat and privileged access risk: DBAs, developers, and contractors hold unrestricted access to production databases. Without behavioural monitoring, anomalous access goes undetected until after a breach.

• Incomplete audit trails: Regulatory and internal audit mandates require tamper-proof, time-stamped logs. Most enterprises rely on native database logs that are neither immutable nor structured for forensic use.

• Deployment disruption: Security deployments typically demand database restarts and change management cycles, introducing risk that delays procurement and defers security improvement.

Enlight Jatayoo: A Unified Database Security Platform Enlight Jatayoo functions as a single control plane for database activity visibility, privileged access monitoring, insider threat detection, and compliance reporting. It covers the database stack present across India’s banking, financial services, insurance, healthcare, government, and enterprise technology sectors.

The platform enables organisations to monitor every query in real time with session-level granularity; detect and investigate insider threats through AI-assisted User Behaviour Analytics and forensic session replay; track DBA and privileged user activity including after-hours access and bulk data exports; generate immutable, compliance-ready audit trails; and maintain complete data sovereignty through air-gap, on-premises deployment with zero external data transmission.

Komal Somani, Whole-time Director, CMO and CHRO, ESDS Software Solution Limited, said: “Across every sector we engage with banking, government, healthcare, manufacturing the pattern is the same: organisations are investing in perimeter security while the database layer remains unmonitored, unlogged, and undefended. Enlight Jatayoo changes that. It brings structure, accountability, and forensic clarity to the one layer that matters most backed by an in-country team that understands Indian regulatory timelines, audit cycles, and the operational realities our customers face every day.” Komal Somani, Whole-time Director, CMO and CHRO, ESDS Software Solution Limited Regulatory Compliance Architecture Enlight Jatayoo’s compliance architecture is aligned to India’s primary regulatory frameworks including RBI, SEBI, CERT-In, IRDAI, and the DPDP Act as well as international standards including PCI DSS and ISO 27001. Audit trail generation, log retention, privileged access monitoring, and incident reporting capabilities are mapped directly to each framework’s specific mandates, enabling organisations to meet compliance obligations without building custom monitoring infrastructure.

Availability Enlight Jatayoo is available for deployment with immediate effect. ESDS is offering a structured pilot engagement for qualified organisations across BFSI, government, healthcare, manufacturing, and enterprise technology sectors. Enterprises may request a technical demonstration or compliance assessment consultation through ESDS’s enterprise engagement team.

For deployment inquiries or media requests, visit www.esds.co.in About ESDS Software Solution Limited ESDS Software Solution Limited is India’s sovereign cloud and managed services provider, offering cloud, data centre, GPU infrastructure, and enterprise security solutions. The company operates Tier III certified data centres across India and serves clients across BFSI, government, healthcare, manufacturing, and technology sectors. Enlight Jatayoo is part of ESDS’s Enlight portfolio of purpose-built enterprise security and observability platforms.

For more information, visit www.esds.co.in IMPORTANT DISCLOSURE ESDS Software Solution Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a Draft Red Herring Prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of the Company at www.esds.co.in, the website of SEBI at www.sebi.gov.in, as well as on the websites of the Book Running Lead Manager, DAM Capital Advisors Limited, the website of the National Stock Exchange of India Limited at www.nseindia.com, and the website of BSE Limited at www.bseindia.com, respectively. Investors should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the Red Herring Prospectus which may be filed with the Registrar of Companies, Maharashtra at Mumbai, in future, including the section titled “Risk Factors”. Potential investors should not rely on the DRHP filed with SEBI in making any investment decision.

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

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