regulatory compliance
Finance Minister Confirms LIC's Adani Investments Follow Standard Procedures Without Ministry Interference
Dec 02, 2025 01:26 am CST
Finance Minister Nirmala Sitharaman has clarified that LIC's investments in Adani Group companies follow strict due diligence protocols without any direction from the Finance Ministry. The state-owned insurer's investment decisions are made independently according to established regulations, with comprehensive oversight mechanisms in place. LIC's exposure to Adani Group represents a small portion of its diverse Rs 41 lakh crore investment portfolio spanning 351 publicly listed companies.
EU Commission Finds Meta and TikTok in Breach of Digital Services Act for Restricting Research Access
Oct 24, 2025 07:54 pm CST
The European Commission has issued preliminary findings that Meta and TikTok are violating the Digital Services Act by limiting researchers' access to public data. Additionally, Meta's platforms Facebook and Instagram were found to have confusing and ineffective mechanisms for reporting illegal content, potentially facing fines of up to 6% of their annual global revenue if violations are confirmed.
The Devastating Impact of a Simple Name Change: How Bira 91's Regulatory Crisis Led to Financial Collapse
Oct 11, 2025 05:46 pm CST
A minor legal name change from B9 Beverages Private Limited to B9 Beverages Limited triggered devastating regulatory consequences for craft beer brand Bira 91, resulting in sales dropping 22%, losses increasing 68%, and over 250 employees petitioning for the founder's removal amid months of unpaid salaries and operational chaos.