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Pak intelligence smuggling fake notes into India: Govt

   04 August 2009 at 17:43

India on Tuesday blamed Pakistani intelligence agencies for flooding the market with counterfeit currency notes even as it strengthened vigilance to check smuggling of fake notes into the country."As per intelligence reports, involvement of Pak ..

Posted in Criminal Law |   131 Views


Financial reforms to continue: RBI

   04 August 2009 at 17:42

India will not slow down on financial reforms, but would recalibrate the roadmap for reforms given the backdrop of the global crisis, the RBI Governor Duvvuri Subbarao said on Tuesday. ..

Posted in Corporate Law |   108 Views


Implementation of Loan-Waiver Scheme

   04 August 2009 at 17:36

The Agriculture Debt Waiver and Debt Relief (ADWDR) Scheme 2008 has been implemented throughout the country covering around 3.68 crore farmers with total eligible waiver and relief amounting to Rs. 65,318.33 crore. (All figures provisional). The Sche ..

Posted in Corporate Law |   135 Views


SC stays Bombay HC order on Pradhan committee report

   04 August 2009 at 15:55

The Supreme Court on Tuesday stayed the Bombay High Court order directing Maharashtra government to place before it the report of Pradhan Committee which probed government's response to 26/11 terror attacks.The apex court also stayed the High Court ..

Posted in Criminal Law |   151 Views


'03 Mumbai blasts: Sentencing deferred till August 6

   04 August 2009 at 13:51

Special POTA Judge M R Puranik on Tuesday deferred the sentencing of Ashrat Ansari, Hanif Sayed Anees and his wife Fehmida Sayed till Ashrat Shafiq Mohammed Ansari, center, the accused in 2003 Mumbai blasts is esco ..

Posted in Criminal Law |   130 Views


Online credit card dealings may dip after new PIN systems

   04 August 2009 at 13:28

Online credit card transactions may see a dip in August as only 20-30% of online credit card users have signed up for the second personal identification n ..

Posted in Corporate Law |   185 Views


2003 Mumbai blasts: Court to award sentence to 3 convicts

   04 August 2009 at 13:28

A designated POTA court will decide on Tuesday the quantum of punishment to be awarded to three convicts who were found guilty for carrying out twin bomb blasts at the Gateway of India and Zaveri Bazaar in 2003. Special Prevention ..

Posted in Criminal Law |   128 Views


GOVT RE-INTRODUCES COMPANIES BILL

   04 August 2009 at 13:24

The government today re-introduced Companies Bill in the Lok Sabha to replace a 52-year-old law and simplify regulations dealing with formation, mergers and acquisitions and winding up of companies. The Companies Bill, 2008, which lapsed with the dis ..

Posted in Corporate Law |   169 Views


LAWS ON TRANSFER PRICING AND SAFE HARBOUR NEED TO EVOLVE FUR

   04 August 2009 at 13:22

The success story of the Indian economy since the 1990s has increasingly attracted transnational corporations into India and many such multinationals have set up Indian subsidiaries/group companies. Multinational corporations involved in cross-border ..

Posted in Corporate Law |   129 Views


Irony — SC was one that forced MPs to come clean

   04 August 2009 at 10:27

Behind the angry chorus of the political establishment today —against judges’ assets not being made public — and the judiciary’s apparent reluctance is a telling reversal of roles.For, six years ago, the government and the le ..

Posted in Others |   100 Views