Search Results for keywords:"R. N. Gupta

The U.S. Department of Commerce has decided to cancel the review of countervailing duties on stainless steel flanges from India for the year 2023. This decision was due to the absence of any items from the companies in question during this review period. Initially, the companies CD Industries, Jai Auto Pvt. Ltd., and R. N. Gupta & Company Limited requested the review, but Jai Auto withdrew its request, and no import data showed any relevant entries for the other companies. As a result, no changes will be made to the existing cash deposit rates for these duties.

The Securities and Exchange Commission (SEC) is requesting public comments on the necessity and efficiency of the information collected through Form N-8A, which investment companies use to register under the Investment Company Act of 1940. This form is critical for the SEC's oversight and involves a modest annual time and cost burden on companies. The commission is particularly interested in opinions on the relevance of the information collected, as well as suggestions for reducing the burden of submission through technology. Comments are open until February 10, 2025.

The Securities and Exchange Commission (SEC) is delaying the effective and compliance dates for changes to Form N-PORT reporting requirements. Originally set to take effect in November 2025, these amendments will now be effective in November 2027 for larger funds and May 2028 for smaller ones. The delay is due to ongoing reviews triggered by a Presidential Memorandum and a related court case. This allows more time for potential adjustments and reduces immediate costs for funds that would need to comply with these updates. The timetable for changes to Form N-CEN remains unchanged, with a compliance date of November 2025.

The Securities and Exchange Commission (SEC) is requesting an extension from the Office of Management and Budget (OMB) for a collection of information related to Form N-8A. This form is used by investment companies to notify the SEC of their registration under the Investment Company Act of 1940. The SEC estimates that around 99 investment companies file this form every year, with a burden of about 99 hours in total time and $55,638 in costs. The SEC invites public comments on this request to assist in improving the process and minimizing the burden for respondents.

The Securities and Exchange Commission (SEC) has submitted a request to the Office of Management and Budget for an extension to continue using Form N-8F, which investment companies use to request deregistration. The form asks for information about the company's identity, finances, and reasons for deregistration, taking about 5.2 hours to complete. Approximately 101 investment companies file this form annually, resulting in a total of around 525 hours of effort each year. The public can comment on this request from December 4, 2024, to January 3, 2025.

The Environmental Protection Agency (EPA) has extended the deadline for public comments related to the potential risks of certain chemicals, specifically N-(1,3-Dimethylbutyl)-N′-phenyl-p-phenylenediamine (6PPD) and its transformation product, 6PPD-quinone. Originally, comments were due by January 21, 2025, but the deadline has been moved to March 24, 2025, to give stakeholders more time to provide valuable input. The extension comes in response to requests for more time to prepare comments about regulatory options and potential alternatives under the Toxic Substances Control Act (TSCA). Anyone interested can submit their comments through the Federal eRulemaking Portal.

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 Food and Drug Administration (FDA) has updated regulations to reflect the withdrawal of approval for seven new animal drug applications due to non-compliance with reporting requirements. This change means that certain firms are no longer recognized as sponsors for these drugs. The decision takes effect on February 23, 2021, and involves technical amendments to various parts of the Code of Federal Regulations to ensure accuracy. The rule does not impose any new burdens on businesses and is not subject to further review or certain regulatory requirements.