GREY AREAS
My Lady Jane Season 2: Is the historical fiction in the works? Here’s the latest update
"My Lady Jane" premiered its first season in June 2024, captivating audiences with its unique mix of historical fiction and fantasy. Based on the book series by Cynthia Hand, Brodi Ashton, and Jodi Meadows, "My Lady Jane" explores the brief reign of Lady Jane Grey.
Taiwan detects five Chinese military aircraft, seven naval vessels near its territory
Taiwan's Ministry of National Defence (MND) reported that Chinese military aircraft and naval vessels conducted operations around Taiwan over the weekend. From Saturday 6 am to Sunday 6 am local time, five People's Liberation Army (PLA) aircraft entered Taiwan's Air Defence Identification Zone (ADIZ) in various sectors. Additionally, seven People's Liberation Army Navy (PLAN) vessels were active in the region. Taiwan's armed forces monitored these activities closely and responded appropriately. This incident is part of China's increasing military maneuvers near Taiwan amid ongoing tensions over sovereignty.
Taiwan detects 35 Chinese military aircraft, seven naval vessels near its territory
Taiwan's Ministry of National Defence reported detecting 35 Chinese military aircraft and seven naval vessels near Taiwan from Wednesday to Thursday morning. Among these, 33 aircraft crossed the median line, entering Taiwan's ADIZ. In response, Taiwan deployed aircraft, naval ships, and coastal missile systems. This incident is part of a pattern of increased Chinese military activity around Taiwan, with 371 aircraft and 204 vessels detected so far in June. Additionally, Taiwan's Coast Guard monitored four Chinese vessels near the Kinmen Islands, reflecting ongoing tensions and China's assertive policies towards Taiwan.
Ixigo IPO pops; AI jobs command premium pay
Ixigo lists at about 50% premium, ends day at 20% upper circuit. This and more in today’s ETtech Top 5.
Most phones sold online end up in grey market
A New Delhi-based retailer aware of the practice said the aggregators, or “cutters”, have hundreds of user accounts on online platforms, operated by a network of young people under their employment who place orders from different accounts to work around platforms’ restrictions on the number of units a customer can buy in one transaction.
Amid the heatwave, a Re 1 water brand is out to upend branding with social impact
A husband-wife duo takes an unusual approach to advertising their product to ensure they can sell affordable drinking water.
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Election Commission: Arun Goel's sudden resignation brings to fore grey areas
While technically Chief Election Commissioner can conduct elections alone, Arun Goel's sudden resignation bring some serious issues to bare — particularly when differences surfacing between the two were known.
RBI to meet banks to examine grey areas in overseas investment rules
Can a resident individual subscribe to an 'unregulated' fund in Singapore? Can a local startup buy into a fintech firm abroad? Is a high-net-worth (HNI) individual barred from holding fixed deposits in an offshore bank? Will an Indian company holding a minority stake, but having no 'control', in a foreign company have to walk the extra mile on compliance? For months many Indians, keen to diversify their assets and execute business strategies, have been looking for unequivocal answers to a slew of such questions.
China resorting to 'grey zone' tactics after deadly Kinmen boat incident: Experts
China's assertion that waters near Taiwan's Kinmen archipelago are not restricted marks a shift in its approach, seen as part of its "grey zone" tactics to pressure Taipei, experts say. This follows a recent incident where a Chinese speedboat capsized near Kinmen during a chase by Taiwanese authorities. Beijing's statement aims to undermine Taiwan's control over the area and could set a precedent for future actions. Experts suggest Taiwan should internationalize the issue and seek support from neighboring countries.
Independent observer monitoring Pakistan elections highlight grey areas in poll process
Free and Fair Election Network (FAFEN) spokesperson Musarrat Qadeem, quoting the initial report on the election, in a press conference said: "The failure to display copies of Form 45, as required, in 29 per cent of polling stations was a notable oversight." Qadeem also criticised the delay in the release of poll results and the suspension of internet and mobile services on election day. She asserted that the complaints about elections should be addressed.
Bond forwards set to clear many grey areas for banks, insurers
Introduction of bond forwards, which are derivative contracts between two counterparties to buy and sell a specific security on a future date at a predetermined price, will also bring more depth in the country's bond pricing benchmarks in line with advanced economies.
Manipur partially lifts prohibition of liquor in state
Last year the Manipur government issued a public notice which mentioned that opinion and views on the state government’s decision for lifting the prohibition from the state of Manipur are invited from all Civil Society organisations, NGOs and individuals. In October last year Manipur Chief Minister Nongthombam Biren Singh said that the government will come up with a white paper on liquor legalisation in the state. The state cabinet had earlier decided to partially lift the three-decade old prohibition on liquor consumption.
Cross-border norms bring ePay companies directly under RBI watch
With regulatory clarity comes an opportunity to attract more venture money to tap into the burgeoning export-import market of a growing economy.
IRM Energy IPO shares to list on Thursday. What GMP signals ahead of debut
It is important to note that grey market premiums are just an indicator of how the company's shares are stacked up in the unlisted market and are subject to change rapidly. The IPO, which is completely a fresh equity sale of 1.08 crore shares, received a healthy subscription of 27.05 times at close. IRM Energy is a city gas distribution company in India, with operations in Gujarat, Punjab, Union Territory of Daman and Diu, and Tamil Nadu.
VCs, startups want govt to address grey areas impacting consumers, policy harmonisation
During a panel discussion organised by think tank 'The Dialogue', angel investor and business strategist Lloyd Mathias said government policies should aim to minimise regulation on sectors that have an impact on large consumer base.
Family offices at Gujarat's International Financial Services Centre run into a grey area
Differences have cropped up over the very nature of a transaction when a family moves money to a self-managed family investment fund (FIF) it sets up in the financial centre in Gandhinagar: Is it 'overseas direct investment' (ODI)? Or, should it be categorised as 'overseas portfolio investment' (OPI)?
Blue- & grey-collar job participation: Women taking a backseat in frontline crew
The percentage of women working in India's blue- and grey-collar workforce has increased just over one point in six years, according to data from BetterPlace. Women made up 13.2% of 102,905 workers in blue-collar roles at the end of 2021, compared to 11.96% in 2017. The challenges of women in the workforce are due to a lack of enabling support systems, cultural biases and stereotypes, according to experts.
Brokers make hay with 'grey area' in exchange transaction charges
While brokers collect this fee on behalf of the exchanges from clients, sources said many cos have been retaining excess of these amounts that have not been transferred to the bourses. Though there are no rules that state brokers must return the excess amount collected from clients, they may be treading a regulatory twilight zone.
How some platforms that facilitate small-ticket funding for startups operate in a regulatory grey area
Platforms like Tyke work in a regulatory grey area with almost no guidelines or rules defining their financial instruments and arrangements. Their transactions resemble public offers of shares but they are not. The platforms behave like a quasi-exchange but they are not licensed to be one.
One million sq. km. area freed up, PM Modi says & urges investors to explore fossil fuel
“India is one of the strongest voices in the world for energy transition and for developing new resources of energy. Unprecedented possibilities are emerging in India that is moving with a resolution of a Viksit Bharat”, Modi said. He urged the industry to use the technology and the startup ecosystem of India to expand their energy landscape.
Abortions Onscreen report finds TV underrepresents most common form of abortion methods
TV abortions are not representing the most common abortion methods enough, a report has concluded. They are dramatized onscreen and are not all real.
Bikaji Foods IPO: Here's how to check share allotment status and GMP
The quota reserved for qualified institutional buyers (QIBs) was subscribed 80.6 times while those reserved for non-institutional investors (NIIs), retailers and employees were subscribed 7.1 times 4.77 times and 4.38 times, respectively.
DCX Systems rocking grey market ahead of listing while others muted
Dealers tracking the grey market said DCX Systems is a standout among all listing contenders in the near term – thanks to its pure fundamental strength
Re vostro accounts: Banks move RBI, flag grey areas
The main concern is how accumulated rupee amounts in these accounts can be repatriated without attracting penalties in case the banks are from countries facing international sanctions such as Russia.
Double standards? When society judges women's greying hair & mom-bods in the harshest way
Recently, a CTV News anchor Lisa LaFlamme was dismissed & asked why she decided to go grey.
FIH Pro League: Indian women's hockey team looks to address grey areas against USA ahead of World Cup
The Indian women produced a remarkable performance in their debut FIH Pro League season, occupying the third spot in the standings with 24 points from 14 games behind Netherlands (32 points from 14 matches) and Argentina, who have already clinched the title with 42 points from 16 games.
LIC shares may list at a discount, indicates grey market
LIC's premium in the grey market dropped from Rs 100 to Rs 10 on Tuesday and then turned negative on Wednesday, just a day before allotment.
Arrest under GST still remains a grey area
If the GST commissioner has a ‘reason to believe’ that the person has committed some offense and the amount of tax evasion is more than 5 crore, then he can order his arrest.
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