The Karnataka Government has released its Industrial Policy for the period 2025-2030. The policy is a significant step in the state's mission is to establish Karnataka as the top destination in Asia for high technology manufacturing investments through equitable and sustainable development.
The Securities and Exchange Board of India (SEBI) has proposed the introduction of a standardized format for the No-Objection Certificate (NOC) / Consent Letter required from existing charge holders when a company seeks to issue listed debt securities (Issue) and create further encumbrance on its assets to secure the Issue.
The Department of Telecommunications (DoT) has released the draft Telecommunications (Standards, Conformity Assessment and Certification) Rules, 2025 (Draft Rules), revising and streamlining the framework for the standardisation and certification of the telecom equipment in India.
A division bench of the Supreme Court of India in Western Coal Fields v Manohar Govinda Fulzele, 2025 SCC Online SC 345 held that under the Payment of Gratuity Act, 1972 (Act), proven misconduct involving moral turpitude does not have to be backed by a criminal conviction of the employee in question for an employer to forfeit gratuity upon termination of services for such misconduct.
On 22 January 2025, the Central Pollution Control Board (CPCB) published a report titled ‘Classification of Sectors into Red, Orange, Green, White and Blue Categories’ (Report), introducing a new and separate ‘blue’ category specifically for essential environmental services required for management of waste generated from domestic/ household activities, in addition to the previously introduced red, orange, green and white categories of industries based on the environmental pollution index.
