Sebi’s Proposal for Improved Price Discovery in Investment Firms Investment companies play a vital role in the corporate landscape, facilitating ownership structures within conglomerates. Valuing Investment Companies and Investment Holding Companies (ICs/IHCs) can be intricate due to their diverse portfolios of listed and unlisted entities. Here’s how Sebi’s proposed auction method aims to enhance price discovery in this sector. Challenges in Valuing ICs/IHCs Evaluating ICs/IHCs involves assessing a mix of controlling and non-controlling interests across […]

India’s CDSCO Drafts Norms for Vaccines Pharmacovigilance: Ensuring Safety and Compliance Introduction Amid concerns over COVID-19 vaccines and associated legal issues, the Central Drugs Standard Control Organization (CDSCO) in India has introduced mandatory guidelines for pharmacovigilance requirements to strengthen vaccine safety monitoring. Key Features of the Guidelines: Serious Adverse Events Reporting: Manufacturers and importers must report Serious Adverse Events (SAEs) in India and distributing countries within 15 days to the CDSCO. Post Market Surveillance: Companies […]

Sebi Launches Saarthi 2.0 App for Personal Finance Introduction Sebi, the capital markets regulator, has unveiled the Saarthi 2.0 app, catering to the evolving needs of investors by offering comprehensive tools to simplify intricate financial concepts. Enhanced User Interface and Tools The updated Saarthi 2.0 app features a user-friendly interface, making complex financial concepts accessible. It includes financial calculators and modules that elucidate KYC procedures, mutual funds, ETFs, and stock exchanges. Empowering Investors with Reliable […]

How to Choose Your Wealth Manager In today’s world, just as our health is crucial for a fulfilling life, our wealth also plays a pivotal role in our overall well-being. Selecting the right wealth manager is a decision as important as choosing a doctor, and it requires careful consideration to align with your financial objectives and future goals. To help you navigate this process, here are key parameters to consider when choosing a wealth manager. […]

FSSAI Tells Manufacturers to Remove 100% Fruit Juice Claims from Labels of Reconstituted Juices In the interests of consumer protection, the Food Safety and Standards Authority of India (FSSAI) has instructed all Food Business Operators (FBOs) to eliminate any ‘100% fruit juice’ claims from their labels and advertisements of reconstituted fruit juices with immediate effect. The FSSAI has noticed several FBOs inaccurately marketing various types of reconstituted fruit juices by claiming them to be 100% […]