Articles for tag: BGR, Disclosure, Energy, Fines, Investor, Jeopardizing, Lakh, Lapses, Market, Regulations, SEBI, Systems, Trust, Violation

September 24, 2024

Sebi fines BGR Energy Systems ₹9 lakh for serious disclosure lapses and violation of market regulations, jeopardizing investor trust.

BGR Energy Systems Ltd has been fined Rs 9 lakh by the Securities and Exchange Board of India (Sebi) for failing to meet disclosure requirements and violating Market regulations. A recent investigation revealed that the company did not comply with the Listing Obligations and Disclosure Requirements (LODR) rules, particularly concerning the late submission of audited ...

September 23, 2024

Market News

Business

Xiaomi seeks to recall India’s antitrust report, claiming disclosure of sensitive data amid accusations of breaching competition laws.

Xiaomi has requested India’s antitrust body to retract its report, which indicated that Xiaomi and Walmart’s Flipkart violated competition laws. The company claims the report contains sensitive business information that should have been redacted. This request could postpone the ongoing antitrust investigation that started in 2021. Xiaomi’s main concern revolves around details regarding its smartphone ...

May 14, 2024

Market News

Business

US Airlines Fight Back: Lawsuit Against DOT Over Fee Disclosure Rule Sparks Controversy

Major US airlines are taking legal action against the Department of Transportation, arguing against a new rule that would require them to disclose all fees upfront. The airlines claim that this rule would place unnecessary burdens on them and could potentially hurt their bottom line. Stay tuned as this legal battle unfolds in the coming ...