China’s offshore rules to cut uncertainty
The Hindu
Securities and Regulatory Commission releases draft rules on filings by firms seeking offshore listings
China’s plan to tighten scrutiny over mainland companies’ overseas share sales is likely to ease the regulatory uncertainty that roiled financial markets this year and stalled offshore listings, bankers and analysts said.
But the securities regulator’s new filing-based system, designed to rein in once freewheeling Chinese listings in the U.S. market and elsewhere, leaves open questions about rule enforcement and compliance criteria, they added.
“The new rules represent a comprehensive, systemic and market-oriented regulatory upgrade,” investment bank China International Capital Corp. (CICC) said in a note, but added they contain “some items that need further observation, and clarification”.
Suzlon announces three new AI-enabled smart blade factories, expanding its manufacturing footprint to 20 facilities in India.
Odisha Government terminates Silicon Tech Lab's empanelment for involvement in a recruitment scam and service agreement violations.
Worli, Mumbai, dominates India’s ultra-luxury apartment market, accounting for 40% of transactions worth ₹5,500 crore in two years.
IndiGo faces disruptions due to a hiring freeze, prompting pilots' body to urge regulatory intervention for safe operations.
Nvidia CEO Jensen Huang met separately with U.S. President Donald Trump and Republican senators Wednesday
Rupee falls to 90.43 against the dollar amid RBI's restrained intervention and high importer demand, causing market concerns.
Meta’s poaching of Apple's Alan Dye underscores its push to expand consumer hardware beyond its smart glasses
Airbus orders upgrades for 6,000 A320 aircraft after a JetBlue incident raises concerns about software vulnerability to solar radiation.
Ola Electric launches a 250-member taskforce to tackle service backlogs and improve after-sales support across India.
India's smartphone exports to the U.S. surged to $1.47 billion in October, tripling year-on-year despite global market challenges.
Labour codes likely to be fully operational from April 1, 2026, Govt to pre-publish draft rules soon
Labour codes set to be fully operational by April 1, 2026, with draft rules for public feedback coming soon.
India’s smartphone market has hit a plateau as it experiencing a shift from volume to value game as consumers are now increasingly upgrading to better devices which they can use for upto three years, observed Sandeep Sarma of Xiaomi India.
Iran's rial plunges to a record low amid nuclear sanctions, escalating economic pressures and rising food prices for citizens.