-Newslaundry.com A June 14 report in the newspaper about an Indian government agency freezing the accounts of three of Adani Group’s foreign investors had sent its shares tumbling. On June 14, the Economic Times reported that the National Securities Depository Ltd, a government entity which holds securities, had frozen the accounts of three foreign investment funds – Albula, Cresta, APMS – which together own shares of Rs 43,500 crore in four Adani...

The suggestion has been made in a note to the cabinet committee on UID project headed by Prime Minister Manmohan Singh The Planning Commission has recommended that the unique identity (UID) programme’s beneficiaries such as public sector banks, insurance companies, state governments and welfare programmes pay for the enrolment of people since the benefits to them will outstrip the costs incurred. The suggestion has been made in a note to the cabinet...

The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...