Insolvent council seeks to raise £4m from ANPRs on green road scheme – Telegraph.co.uk

An insolvent council has been accused of filling its empty coffers by closing roads to fine motorists millions of pounds, despite residents insisting they do not want to be part of Grant Shappss green transport revolution. Campaigners claim Croydon Council is being undemocratic by forcing through a Low Traffic Neighbourhood (LTN) scheme, where streets are…

SEBI Grants Certain Exemption To Aifs On Investment Committee Framework – BW Businessworld

Capital markets regulator Sebi on Friday provided certain exemptions to alternative investment funds (AIFs) with regard to an investment committee framework. The exemption in AIF rule is conditional upon a capital commitment of at least Rs 70 crore from each investor accompanied by a suitable waiver, Sebi said in a notification. So far, manager was…