ZEE Case: SAT sets new date for Punit Goenka vs. SEBI Case

The regulatory body’s investigation into Zee founders, primarily focusing on Subhash Chandra and Puneet Goenka, reportedly uncovered the potential diversion of approximately Rs 20 billion ($241 million) from the company. This figure is roughly ten times larger than SEBI's initial estimates, raising concerns about financial irregularities within Zee. (Image sourced via CNBC TV-18)

SAT had withheld its judgment in the case, had instructed SEBI to submit a response by September 4.

TRAI releases recommendations on ‘Issues related to FM radio broadcasting’

The Government may take appropriate measures to provide relief to the FM radio operators to address challenges posed due to COVID-19 pandemic. (Representative image by Rod Long via Unsplash)

A Standing Committee, headed by a senior officer of Joint Secretary or above level will oversee and monitor the compliance by mobile phone manufacturers (or importers) may be established by MeitY.

Internet reacts to possibility of India being renamed as Bharat

The official invite to the G20 Heads of State and ministers for a dinner being hosted by President by Droupadi Murmu has gone with the heading President of Bharat. (Image sourced from CNBC)

The internet had various kind of reactions to the possibility of India being renamed as Bharat. Some were funny, some agreed with the possibility while some rebuked it. Even Member of Parliament, Shashi Tharoor voiced his opinion.

SEBI and Finfluencers: “You can’t regulate lakhs of people. You can’t attack freedom of speech…”, says Radhika Gupta, Edelweiss AMC

Finfluencers will face a massive revenue drop as brand deals evaporate, as firms will no longer risk collaborations that could land them in non-compliance with SEBI’s circular, say experts. (Representative Image: Mark Duffel via Unsplash)

“The best thing is to take your registered intermediaries and say that you guys should have nothing to do with this,” said Radhika Gupta about SEBI’s crackdown on finfluencers.