Policy & Regulation
【Exclusive】Niti Aayog’s Regulatory Principles Fantasy Sports, Brings Stability To Indian Real Money Games Industry Prime Minister Modi in his Mann Ki Baat which is a monthly radio program hosted by the PM himself while talking about the massive toys market both in India and globally touched upon the potential of the Indian Gaming Industry on 30th Aug 2020. He talked about the need to focus on creating game apps for India and also Indian games based apps for the world.
India’s Market Regulator Proposes Relaxed Norms For Setting Up New Stock Exchanges The markets regulator on Wednesday proposed to ease ownership norms for entities that plan to start new stock exchanges in India, a move that may end the 16-year-long dominance of the National Stock Exchange (NSE), allow entry of foreign exchanges, and lower the trading costs for investors.
JD.com, Alibaba’s Tmall and Vipshop Fined for Manipulative Pricing China’s market watchdog on last Wednesday said it has fined the operators of JD.com, Alibaba’s Tmall marketplace and Vipshop 500,000 yuan ($76,500) each for illicit pricing activities, the latest move in Beijing’s clampdown on monopolistic practices in the e-commerce sector.
Ant Weighs Financial Holding Company to Placate Regulators Ant Group Co Ltd is considering folding most of its online financial businesses, including consumer lending, into a holding company that would be regulated like traditional financial firms, two people with direct knowledge of the matter said.
China: New IPO System to Promote Reforms across The Entire A-Share Market The Financial Stability and Development Committee under the State Council said after a meeting on Saturday that the ratio of direct financing in the market will increase after the registration-based IPO mechanism is implemented across the entire A-share market.