Parliament passes bill amending Forest Act

Parliament passes bill amending Forest Act The Parliament passed on Wednesdayabill to exclude bamboo from the definition of tree under the Indian Forest Act, claiming it would improve the earnings of tribals and dwellers living around forests.The Indian Forest (Amendment) Bill, which was adopted by the Lok Sabha on December 20, was passed byavoice vote […]

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SEBI notifies norms allowing REITs, InvITs to issue bonds

SEBI notifies norms allowing REITs, InvITs to issue bonds This would be allowed for REITs (Real Estate Investment Trusts) and InvITs (Infrastructure Investment Trusts) which are listed on stock exchanges.To make REITs and InvITs more attractive to investors, markets regulator Sebi has notified relaxed norms to allow these trusts to raise funds by issuing debt […]

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SEBI orders attachment of bank, demat accounts of 22 entities

SEBI orders attachment of bank, demat accounts of 22 entities The decision was taken after the entities failed to pay the fine imposed on them by Sebi for violating securities regulation in 20 different cases.Markets regulator SEBI has ordered attachment of bank accounts as well as share and mutual fund holdings of 22 entities, including […]

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