The regulator also plans to widen the ambit of 'deemed fraudulent activities'. Photograph: Shailesh Andrade/Reuters Insiders who use front entities, such as drivers or domestic help, to benefit from price-sensitive information could find the going tough as the Securities and Exchange Board of India will soon introduce more checks. Those who lend their names, trading accounts or execute trades on behalf of others will be subject to more scrutiny such as financial background checks.Sebi could soon deem trades by investors beyond their verifiable financial sources as fraudulent. The market regulator also plans to revise the definition of 'dealing in securities' to include those who assist or orchestrate dubious transactions. The move comes in the wake of numerous instances where front entities were being used to carry out transactions to conceal the identity of the real beneficiaries. During the note ban, several such entities were being used to swindle an estimated Rs 40 billion. In some … [Read more...] about Sebi to crack down on ‘mule accounts’
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The Union cabinet on Wednesday gave beleaguered telecom operators Bharti Airtel Ltd and Vodafone Idea Ltd a breather by allowing them to defer payments for spectrum purchases by up to two years.The move to defer payments for 2020-21 and 2021-22 will be a relief to these companies while helping Reliance Jio Infocomm Ltd as well. It follows the Supreme Court’s October 24 ruling that directed older telecom firms to pay at least ₹92,000 crore in past dues to the government within three months.“Department of Telecommunication will give an option to the Telecom Service Providers (TSPs) to defer payment of the spectrum auction instalments due for 2020-21 & 2021-22, either for one or both years. These deferred amounts bill be spread equally in the remaining instalments to be paid by TSPs. Interest as stipulated while auctioning of the concerned spectrum will however be charged so that NPV (net present value) is protected,” the government said.Vodafone Idea and … [Read more...] about Centre allows TELCOS to defer spectrum dues by up to 2 years
Photo: PRWeb Photo: PRWeb Image 1 of / 1 Caption Close Image 1 of 1 Photo: PRWeb EarthCam Announces Partnership with Rubicon to Help the Construction Industry Achieve Sustainability Goals 1 / 1 Back to Gallery Innovative venture aims to help reduce jobsite debris in landfills, facilitate corporate responsibility, and further recycling opportunities ATLANTA (PRWEB) November 20, 2019 Today at the Greenbuild International Conference and Expo, the largest annual education and resource event for green building professionals, EarthCam, the leading provider of construction camera systems, announced that it will join forces with Rubicon, a technology company that drives environmental innovation. The goal of the collaboration is to provide a first-of-its-kind, … [Read more...] about EarthCam Announces Partnership with Rubicon to Help the Construction Industry Achieve Sustainability Goals
10.31am GMT Late reaction I asked Martin Taylor, managing director of plastic packaging manufacturer Sharpak, whether he felt the supermarket industry was driving innovation in packaging. Not surprisingly he told me his clients were: "Committed to reducing food waste and they realise that packaging plays a large role in ensuring food is maintained at the highest quality. Without the support of the retail industry we would not be able to manufacture meat packaging which has the potential to counteract the large scale waste of food across Britain." For those interested in how packaging is evolving, Sharpak says they are focussing on developing anti-microbial packaging, which "eradicates the harmful surface bacteria present on raw meat products". He said: “The packaging industry must demonstrate exactly how it can drive home the importance of reducing food waste. For example, offering packaging which enables consumers to reseal their fresh meat products will drastically … [Read more...] about Why do we still waste so much food at home?
New research into how European consumers interact with the cookie consent mechanisms which have proliferated since a major update to the bloc’s online privacy rules last year casts an unflattering light on widespread manipulation of a system that’s supposed to protect consumer rights. As Europe’s General Data Protection Regulation (GDPR) came into force in May 2018, bringing in a tough new regime of fines for non-compliance, websites responded by popping up legal disclaimers which signpost visitor tracking activities. Some of these cookie notices even ask for consent to track you. But many don’t — even now, more than a year later. The study, which looked at how consumers interact with different designs of cookie pop-ups and how various design choices can nudge and influence people’s privacy choices, also suggests consumers are suffering a degree of confusion about how cookies function, as well as being generally mistrustful of the term … [Read more...] about Most EU cookie ‘consent’ notices are meaningless or manipulative, study finds