Ajay Singh

Ajay Singh

Ajay Singh

From Ajay Singh

IPO

SEBI puts Sterlite Electric’s IPO in abeyance

The company plans to raise Rs.1,500 crore for expansion

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Mutual-Funds

SEBI restricts MFs from participating in pre-IPO stock offerings

The purpose is to prevent them from holding unlisted shares

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SEBI

SEBI bars First Overseas Capital from securities market for violating norms

The company has been directed to pay Rs.20 lakh penalty within 45 days

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Alibaba

Alibaba launches AI chatbot service; rebuilds user approach

Until now, the space has been dominated by ByteDance and Tencent

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Copyright

FHRAI calls for govt. action in disputes with copyright societies

Copyright societies demand royalty payments for copyrighted material that these hotels and restaurants use in their

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Taj-Lake-Palace-Udaipur

AI-Generated Video making False Claims about Taj Lake Palace, Udaipur, ordered to be taken down by Delhi HC

Meta Platforms, the parent company of Instagram, has been directed by the Delhi High Court to take down an artificial intelligence

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Refund

CESTAT upholds refund to Fox International Channels after Revenue appeal dismissed for delay

Tribunal confirms time-barred review order under Section 84 in service tax refund dispute

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Service-Tax

CESTAT rules that Call Free Allowance given by Bharti Airtel to employees is not subject to service tax under Finance Act, 1994.

Bharti Airtel wins service tax appeal as Tribunal holds no consideration flows from employees for Call Free Allowance

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Visa-&-Merchants

Merchants to Receive $199.5 Million Settlement from Visa and Mastercard in Ongoing Fraud and Chargeback Case

Visa Mastercard Fraud Lawsuit Settlement: $199.5 Million to Compensate Merchants Affected by Chargeback Rules

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