A member of SEBI (Securities and Exchange Board of India) board will be asked to disclose any interest even that of his family member, while participating in the decision making, under a new proposed Bill -The securities markets code, 2025. Also, the market regulator will have to transfer its surplus to the government. The proposed law, once enacted, will replace the Securities Contracts (Regulation) Act, the Securities and Exchange Board of India Act, 1992 and the Depositories Act, 1996. Now, the Bill will be examined by a select committee before taken for consideration and passage. The Code further seeks to strengthen investor protection, promote investor education and awareness, and ensure effective and time-bound redressal of investor grievances. Moving on to the aviation sector…The Competition Commission of India (CCI) on Thursday initiated proceedings against IndiGo under the provisions of the Competition Act, 2002 for recent flight disruptions across various routes. According to a CCI communique, based on an “initial assessment” of the disruption in the aviation sector, proceedings will be initiated under the anti-competition law. What this means is that the Commission has formed a prima facie opinion about evidence of a market disruption caused by IndiGo’s market dominance, to warrant a formal probe. The will follow a formal inquiry by the Director-General, which has the power to summon executives, record statements and demand internal company documents or mails. From aviation, let’s turn to technology and manufacturing…India’s newly-established semiconductor manufacturing units have begun production of commercial chips, marking a major milestone in the country’s efforts to build a domestic electronics and manufacturing ecosystem, a top government official said on Thursday. Speaking on the sidelines of an event, S Krishnan, Secretary, Ministry of Electronics and Information Technology (MeitY) said that India’s semiconductor programme was moving steadily towards full commitment under its first phase.Next, some big leadership changes in telecom…Bharti Airtel on Thursday said Shashwat Sharma, currently the CEO Designate, is all set to assume charge as Managing Director and CEO of the telco with effect from January 1, 2026. The board of India's second-largest telecom company has also greenlit the appointment of Vice Chairman and MD Gopal Vittal as Executive Vice Chairman from January 1, 2026, for five years, subject to the shareholders' approval. The board cleared the appointment of Chief Financial Officer Soumen Ray as Group Chief Financial Officer and Akhil Garg as Chief Financial Officer (Airtel India), effective January 1, 2026. Finally, a major development in Parliament…The Lok Sabha Speaker on Thursday passed the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Bill, 2025 that replaces the 20-year-old Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) amid tearing of the copies of the bill by opposition members.