Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
BSE & NSE Fine Go Digit For Delay In Furnishing Data
The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) have fined Go Digit for failing to furnish necessary data in time. The penalties come as part of the exchanges' efforts to maintain transparency and compliance with listing regulations. Go Digit, an insurance company, was found to have delayed the submission of required financial and operational data, which is crucial for investors and market participants. The fine underscores the importance of regulatory compliance in maintaining the integrity of the financial markets and ensuring that listed companies adhere to the disclosure norms set by the exchanges.