This comes close on the heels of Nirav Modi's bid to appeal against his extradition to India at the UK Supreme Court. In the fresh FIRs, CBI has named Mehul Choksi and several others for mega frauds against consortiums led by ICICI Bank and PNB.

When a full-time employee of a company takes up an extra job, usually without the employer’s knowledge, it is called moonlighting. The issue has been in public discourse especially among IT professionals as some of them reportedly resorted to moonlighting during Covid pandemic.

SEBI banned Gaurav Dedhia, who was employed as a chief dealer with IDBI Capital Markets and Securities Ltd, and his sister Kajal Ilesh Savla. The regulator has restrained the two persons "from buying, selling or dealing in securities, either directly or indirectly, in any manner whatsoever until further orders".

The Food Safety and Standards Authority of India (FSSAI) has issued a set of amendments to advertising and claims on food products, called the Food Safety and Standards (Advertising and Claims) Second Amendment Regulations of 2022. The new regulations mandate companies to make clearer disclosures on food packets, holding them responsible for advertisements and claims on labels.