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Godrej Wealth plans to enter India’s mutual fund industry next year, marking a significant expansion from wealth management into asset management. The firm is filing for a mutual fund licence and expects to launch within a year, with an ambition to scale assets under management to Rs 1 lakh crore by 2031.
Union Minister Annpurna Devi launched a sharp attack on the Hemant Soren government, alleging that its opposition to the Mines and Minerals (Development and Regulation) Amendment Act is aimed at enabling coal theft and protecting arbitrary state-level levies. She said the amendment would bring uniform taxation, attract investment and create jobs, while the Jharkhand government called the law a "black Bill" that undermines the state's rights over its minerals.
India's markets regulator, the Securities and Exchange Board of India, took a series of key decisions at its board meeting on September 24, 2026, signaling continued attention to market efficiency, investor protection and regulatory calibration. The meeting's outcomes are expected to shape compliance expectations and market structure discussions across listed companies, intermediaries and investors in the months ahead.
India's markets regulator has issued a general remittance dated September 24, 2026, against Sonalben Amitbhai Khalas in connection with trading activity in the scrip of ANI Integrated Services Limited, under Recovery Certificate No. 9230 of 2026. The action marks another step in the enforcement process tied to a defaulter named in the recovery proceedings, underscoring the regulator's continued pursuit of dues arising from market-related violations.
India's markets regulator has issued a general remittance dated September 24, 2026 against Rakeshbhai K Pandya, identified as a defaulter in connection with trading activity in the scrip of ANI Integrated Services Limited. The action is tied to Recovery Certificate No. 9229 of 2026, underscoring the continuing enforcement push around market misconduct and recovery of dues.
India's enforcement authorities have issued a remittance order dated September 24, 2026 against Rathod Mahendrkumar in connection with trading activities involving certain entities in the scrip of DU Digital Technologies Limited, now known as DU Digital Global Limited. The order falls under RC No. 9207 of 2026 and is part of recovery proceedings tied to the broader market conduct case. The action signals continued regulatory scrutiny over suspected irregular trading patterns in the company's shares and underscores the enforcement machinery's push to recover amounts linked to alleged violations. The development adds another layer to a case that has already moved beyond market surveillance into formal recovery action.
India's enforcement authorities have issued a remittance order dated September 24, 2026 under RC No. 9204 of 2026 against Usha Devi in connection with trading activities involving certain entities in the scrip of DU Digital Technologies Limited, now DU Digital Global Limited. The action falls under recovery proceedings, underscoring the continuing regulatory scrutiny around market conduct tied to the company's shares.
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