SEBI Drops Proceedings Against Max Financial, Axis Bank in Max-Axis Deal Case

SEBI has closed proceedings against Max Financial Services, Max Life Insurance, and Axis Bank in the Max-Axis Life Insurance deal case. The regulator found allegations of disclosure lapses and fraud not established, citing insufficient evidence and considering the legal framework at the time of the transactions.

Flipkart Minutes Explodes in Quick Commerce Race: Can It Overtake Instamart?

Flipkart's quick commerce arm, Flipkart Minutes, is rapidly scaling, challenging leaders like Swiggy's Instamart. With millions of daily orders and a growing network of fulfillment centers, the competition intensifies as Amazon also ramps up its instant delivery efforts. Can Flipkart's rapid expansion capture market share?

Sebi Cracks Down on Online Bond Platform Ads: Are You Being Misled?

Sebi is proposing new rules for online bond platform advertisements. Learn about restrictions on urgency-driven ads, vague claims like 'high yield,' and the need for clear disclaimers on 'fixed returns.' Discover what standardized information platforms must provide to protect investors. Your feedback is crucial by September 11.