Additionally, the regulator prohibited overseas funds from hedging ODIs with derivative positions on Indian stock exchanges. Furthermore, Sebi asked foreign portfolio investors (FPI) issuing ODIs to obtain ownership information of all the investors holding such instruments.
Grubhub has agreed to pay $25 million and stop alleged practices including misleading consumers on feeds under a proposed settlement with the Federal Trade Commission.
The Federal Trade Commission on Tuesday said it will soon require hotels, vacation rental platforms and live event promoters to disclose any fees up front when they list prices.
Businesses and industrial units will see increased premiums for fire and engineering insurance starting January. Catastrophic events like floods in Vijayawada and Vadodara have led to higher claims. Reinsurers are pushing for revised pricing and stricter underwriting. Industrial All Risk policies will also adopt stricter pricing rules from January 1.
Drivers eagerly awaiting the reopening of the reversible center lanes on the Kennedy Expressway will have to wait a little bit longer. Reopening the express lanes, and the conclusion of the second of three years of construction on the highway, has been pushed back to January. Though lane closures began weeks earlier than usual this […]
OSHA has proposed fines of about $288,000 tied to the citations. Sunrun must either comply with the citations, contest them or request an informal conference with the agency.