According to the complainant, Sebi officials permitted the listing of a company that failed to meet regulatory norms, leading to market manipulation and investor losses

Sebi Chairperson Madhabi Puri Buch (Photo: PTI)

Sebi Chairperson Madhabi Puri Buch

In February 2025, Trump ordered a halt to FCPA enforcement, a move that industry observers believe could weaken the legal case against the Adani executives

Adani Group (Photo: Bloomberg)

Company says these violations pertain to a period when these firms were not subsidiaries of One97 Communications

paytm

The billionaire Lodha brothers are in a legal dispute over the use of the "Lodha" trademark and division of family assets

Abhishek Lodha, Abhinandan Lodha

Private sector growth will fuel PM's Viksit Bharat vision: India's G20 Sherpa

Amitabh Kant at BS Manthan

Life Insurance Corporation of India (LIC) on Thursday said it has received a demand notice of Rs 479.88 crore for short payment of Goods and Services Tax (GST) for 2020-21.
The company has received a communication/demand order for interest and penalty for Maharashtra on February 27 from Deputy Commissioner of State Tax, Mumbai, LIC said in a regulatory filing.
The demand notice pertains to wrong availment and short reversal of Input Tax Credit (ITC), Interest on late payments, short payment of tax liability, it said.
The order is appealable before the Joint Commissioner of State tax (Appeals), Mumbai, it said.
The financial impact of the demand is to the extent of the GST (Rs 242.23 crore), Interest (Rs 213.43 crore) and Penalty (Rs 24.22 crore), it said, adding, there is no material impact on financials, operations or other activities of the corporation.

The live streaming of the Manchester United vs Fulham FA Cup clash will be available on the SonyLIV app.

FA Cup

The Lucknow Municipal Corporation has issued a Rs 28.42 crore property tax notice to the Bharat Ratna Shri Atal Bihari Vajpayee International Cricket Stadium, also known as Ekana stadium, officials said on Sunday.
The notice comes ahead of the Women's Premier League matches scheduled this month and the Indian Premier League matches in April, raising concerns over their smooth conduct.
The stadium administration has termed the notice "unjust" and plans to meet Chief Minister Yogi Adityanath to seek relief.
According to a statement from Additional Municipal Commissioner Pankaj Srivastava, Zone 4 of the municipal corporation issued the notice on Saturday.
The amount includes Rs 5.45 crore in tax due since December 1, 2020, and an outstanding balance of Rs 22.97 crore, the statement said, adding, the decision has been taken as per legal provisions and will be strictly enforced.
Srivastava clarified that only the sports grounds and stadiums of government-aided or recognised non-aided .

Israel stopped the entry of all goods and supplies into the Gaza Strip on Sunday and warned of additional consequences if Hamas doesn't accept a new proposal to extend a fragile ceasefire.
Hamas accused Israel of trying to derail the existing ceasefire agreement and said its decision to cut off aid was cheap extortion, a war crime and a blatant attack" on the truce, which took hold in January after more than a year of negotiations. Both sides stopped short of saying the ceasefire had ended.
The first phase of the ceasefire, which included a surge in humanitarian assistance, expired on Saturday.
The two sides have yet to negotiate the second phase, in which Hamas was to release dozens of remaining hostages in return for an Israeli pullout and a lasting ceasefire.
An Israeli official, speaking on condition of anonymity in line with regulations, said the decision to suspend aid was made in coordination with the Trump administration.
There was no immediate comment from the United Stat

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The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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FA Cup: Manchester United vs Fulham live match time and live streaming

Lucknow's Ekana Stadium receives Rs 28.42 crore property tax notice

Israel halts aid to Gaza, pressures Hamas to accept a ceasefire deal

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