Regulatory Actions

SpaceX shifted out of NLRB labor jurisdiction

The NLRB dropped its complaint over SpaceX’s alleged illegal firings after concluding SpaceX is a “common carrier by air” covered by the Railway Labor Act and therefore exempt from the National Labor Relations Act.

IDFC First Bank gets a new large institutional shareholder

The RBI approved ICICI Prudential Asset Management Company’s acquisition of up to a 9.95% stake in IDFC First Bank.

EPA moves to remove the legal basis for US greenhouse-gas regulation

The Trump administration is set to revoke the EPA’s 2009 “endangerment finding” that greenhouse gases threaten public health and welfare, undermining the agency’s Clean Air Act authority to regulate climate pollution.

Vedanta’s Sterlite site faces fresh regulatory block in Thoothukudi

Tamil Nadu Pollution Control Board rejected Vedanta’s Jan. 9 application for a Consent to Operate a ‘Green Copper’ facility at the non-operational Sterlite premises on Jan. 27, prompting the company to file in Madras High Court to quash the order.

Nigeria moves to enforce phase-out of sachet alcohol

NAFDAC said it has resumed enforcement of its December 2025 phase-out of alcohol sold in sachets and in plastic bottles under 200ml.

PhotonPay gets regulatory clearance to operate payments in Dubai’s financial centre

PhotonPay was granted a DFSA Category 3D licence in Dubai, authorising it to provide regulated payment services and expand its UAE payment network.

India tightens adverse-event reporting for medical devices

The Indian Pharmacopoeia Commission ordered medical-device marketing rights holders to promptly report all adverse events—serious and non-serious, known and unexpected—via the Materiovigilance Programme of India (MvPI) platform.

China moves to phase out hidden car door handles

China’s Ministry of Industry and Information Technology issued new vehicle rules requiring mechanical inside-and-outside door releases and minimum exterior handle-access recess dimensions as a condition for cars to be sold.

US state attorneys general move against xAI over Grok-generated sexual imagery

A bipartisan group of 35 state and territory attorneys general issued an open letter demanding xAI immediately add safeguards to prevent Grok from generating and spreading nonconsensual intimate images and child sexual abuse material.

India eases KYC rules for company directors and simplifies closure of state-run firms

The corporate affairs ministry now requires company directors to file KYC once every three years instead of annually.

India Cabinet gives Vodafone Idea 5-year pause on Rs 87,695 crore dues

Vodafone Idea will postpone most payments on its Rs 87,695 crore dues until 2031-2041 after the government granted a moratorium.

India's Insurance Regulator Approves Risk-Based Capital and New Accounting Rules

The new rules will require Indian insurers to hold capital based on specific risks and change how revenue and profits are reported.

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