Mumbai: The Indian unit of credit rating agency Moody’s, ICRA, said on Wednesday that nearly 100 companies with debt totalling 350 billion rupees ($4.40 billion) are likely to be downgraded after the central bank tightened rating methodologies. The companies likely to be affected are mostly in the power, healthcare, engineering, construction and roads sectors. “Our… Read More »
With Earth’s orbit growing more crowded with satellites, a U.S. government agency on Friday said it would begin revising decades-old rules on getting rid of space junk and on other issues such as satellite refueling and inspecting and repairing in-orbit spacecraft. “We believe the new space age needs new rules,” Federal Communications Commission (FCC) Chairwoman… Read More »
Government has issued 105 directions to social media platforms. New Delhi: The government has issued 105 directions to social media platforms under the new IT rules that came into effect in February last year, Parliament was informed on Friday. According to information shared by minister of state for electronics and IT Rajeev Chandrasekhar in a… Read More »
The new rules will become effective from September 3, SEBI said. New Delhi: Sebi has amended mutual fund rules to remove the applicability of the definition of “associate” to sponsors that invest in various companies on behalf of the beneficiaries of insurance policies. The new rules will become effective from September 3, the Securities and… Read More »