Search Results for keywords:"R.N. Gupta

The Securities and Exchange Commission (SEC) published a notice regarding an application from the Antares Strategic Credit Fund, Antares Private Credit Fund, and Antares Capital Credit Advisers LLC. They are seeking permission to allow certain registered closed-end investment companies, which operate as business development companies, to issue multiple classes of shares with different sales loads and service fees. The application was initially filed on March 10, 2025, and amended on March 14, 2025. Interested parties can request a hearing by April 8, 2025, by contacting the SEC.

The Antitrust Division of the Justice Department announced that the MLCommons Association filed notifications with the Attorney General and the Federal Trade Commission about changes in its membership. The updates, made under the National Cooperative Research and Production Act of 1993, allow for certain legal protections against antitrust damages. New members have joined the group, including companies and individual members from various countries, while other organizations have withdrawn their membership. The group remains open to new members, and MLCommons will continue to report any future changes.

The U.S. Department of Commerce has completed its review of antidumping duties on finished carbon steel flanges from India for the period from August 1, 2022, to July 31, 2023. They found that certain companies sold these products in the U.S. at less than normal value, resulting in dumping margins. The review examined 14 companies, with specific focus on R.N. Gupta & Co. Ltd. and Norma Group, revising their dumping margins based on feedback during the review process. The final results will influence future duties and require importers to ensure compliance with U.S. trade rules.

The Department of Homeland Security (DHS) is proposing a rule aimed at protecting federal properties more effectively. This rule would give more authority to DHS's Federal Protective Service to manage security on and around federal buildings. The rule includes updates to existing regulations, like prohibiting drones, smoking, and unauthorized camping on federal property. It also extends some regulations to areas outside federal properties where necessary to protect the properties and the people there.

In this final rule, the Department of Labor revises the way it calculates prevailing wage levels for alien workers in the U.S. to ensure wages align more accurately with those of U.S. workers with similar skills. This change applies to H1-B, H1-B1, and E-3 visa programs as well as certain immigrant visa categories. The rule lowers the previous wage level estimates, transitioning over a phased implementation period, to better protect U.S. worker job opportunities by eliminating financial incentives for using lower-paid foreign labor over similarly capable American workers. The rule also provides steps to ensure a smooth transition to these new wage levels.

The Bureau of Industry and Security (BIS) issued a final rule to address national security risks related to connected vehicles, particularly those involving technology designed, developed, manufactured, or supplied by entities in China or Russia. The rule aims to regulate certain software and hardware that enable vehicle connectivity and automated driving systems. It requires vehicle manufacturers and importers to verify their supply chains and submit Declarations of Conformity to confirm compliance, with some options for specific or general authorizations to continue certain transactions otherwise prohibited. The rule is designed to protect U.S. infrastructure from potential threats associated with these technologies.