Securities and Exchange Board of India (Alternative Investment Funds) (Third Amendment) Regulations, 2024
Certificate of registration as a Category I Alternative Investment Fund –Venture Capital Fund (Migrated Venture Capital Fund)shall be granted by the Board to eligible AIFs.
SEBI analysis of Intraday trading by Individuals in Equity Cash Segment
The objective of this study is to analyze trading by individuals in intraday cash segment during the study period -FY19, FY22 and FY23.
Extension of timeline for submission of public comments on the consultation paper titled “Recommendations of the Expert Committee for facilitating ease of doing business and harmonization of the provisions of ICDR and LODR Regulations”
It has been decided to extend the timeline for submission of comments to July 29, 2024.
Consultation on Draft Amendment to Master Circular for Credit Rating Agencies (CRAs)
It is proposed that CRAs shall frame a policy in respect of upgrade of default rating to investment grade rating and place it on its website.
Press release on Cyber Crime reporting mechanism
The ‘National Cyber Crime Reporting Portal (NCRP)’ (https://cybercrime.gov.in) has been launched, as a part of the I4C, to enable public to report incidents pertaining to all types of cyber-crimes, with special focus on cyber-crimes against women and children. Cyber-crime incidents reported on this portal, their conversion into FIRs and subsequent action thereon are handled by the State/UT Law Enforcement Agencies concerned as per the provisions of the law.
New Amendments to Assam Elementary Education Rules
The Assam Elementary Education (Provincialisation) (4th Amendment) Rules, 2024, reflect the government’s commitment to strengthening the education sector by making the recruitment process more inclusive and efficient. This move is expected to not only benefit the teachers but also improve the overall quality of education in the state.
Odisha’s New Minimum Wage Rates: What You Need to Know
The Government of Odisha has revised the minimum wage rates for various types of workers across different sectors on 18th July.
Revised Wage Rates:
Unskilled: Rs. 450.00 per day
Semi-skilled: Rs. 500.00 per day
Skilled: Rs. 550.00 per day
Highly Skilled: Rs. 600.00 per day
SEBI Consultation paper on Introduction of New Asset Class/ Product Category
The proposed New Asset Class seeks to provide investors with a regulated investment product featuring higher risk-taking capabilities and a higher ticket size, aimed at curbing the proliferation of unregistered and unauthorized investment products.
Nidhi (Amendment) Rules, 2024
The amendment mandates that a company shall not use the words “Nidhi Limited” in its name unless it is declared as a nidhi company under sub-section (1) of section 406 of the Companies Act, 2013.
Companies (Appointment and Qualification of Directors) (Amendment) Rules, 2024
The amendment provides that if a director intends to update his personal mobile number or the email address again at any time during the financial, he shall update the same by submitting e-form DIR-3 KYC on payment of fees of five hundred rupees.
