The Ministry of Electronics and Information Technology (MeitY) reportedly issued an advisory on 1 March 2024 (Advisory) to “intermediaries” and “platforms” hosting artificial Intelligence (AI) including generative AI based models.
The inaugural listing of a non-profit organisation (NPO) on the social stock exchange (SSE) has set the ball rolling for social enterprises (SE) to raise funds on the SSE. Over 30 NPOs have been registered on the SSE. The experience and learning will help to liberalise the framework and provide impetus to SEs and investors alike to foster impact investing.
Regulation of private coaching centers in India has been an indistinct part of public discourse since the year 2015. Poor facilities, lack of safety measures, malpractices, and inadequate infrastructure are only tip of the iceberg.
We are pleased to present to you the 2nd edition of the Environmental, Social and Governance (“ESG”) Newsletter highlighting the key developments in the Indian ESG landscape, that caught our attention in 2023.
The Insurance Regulatory and Development Authority of India (IRDAI), with the objective of “transitioning towards principle-based regulations and streamlining the existing array of regulatory stipulations”, has notified the IRDAI (Expenses of Management, including Commission, of Insurers) Regulations 2024 (2024 Unified Regulations) on 24 January 2024, shortly after issuing its exposure draft in November 2023.
As part of our ongoing commitment to keeping you informed about crucial developments in the media and entertainment landscape, we are pleased to share the latest Ergo, focusing on a regulatory update in the print sector: the enactment of the Press and Registration of Periodicals Act 2023, which would govern the print media sector once notified by the Government. We believe that the enclosed Ergo will serve as a valuable resource in understanding and adapting to the regulatory changes impacting the print media sector.
In a move aimed at contemporising the justice delivery system in India, the Bharatiya Sakshya Adhiniyam, 2023 (BSA) has been introduced to replace the Indian Evidence Act, 1872 (IEA).
