IDBI BANK GETS RBI NOD, TO SEEK MF LICENCE FROM SEBI After getting the go-ahead from the Reserve Bank of India (RBI), IDBI Bank is all set to apply to the Securities and Exchange Board of India (Sebi) for a mutual fund licence. According to sources, ..
ICWAI MAKES SIX STANDARDS MANDATORY The Institute of Cost and Works Accountants of India (ICWAI), the apex body regulating the cost accounting profession in the country, has made six cost accounting standards (CAS) mandatory from April 1, 2010. These ..
22 proposals of Foreign Direct Investment clearedBased on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on 20th April, 2009, Government has approved 22 Proposals of Foreign Direct Investment amounting to Rs. 541 ..
NEW DELHI: Gujarat chief minister Narendra Modi came under the scanner of the Supreme Court which on Monday ordered a probe into a complaint that he, his cabinet colleagues, police officials and senior bureaucrats aided and abetted post-Godhra killin ..
Extension of benefit of enhanced depreciationPress Release No. 402/92/2006-MC (10 of 2009)Dated 24-4-2009The benefit of enhanced depreciation on commercial vehicles has been extended up to 30th September 2009. Now, commercial vehicles acquired on or ..
The Supreme Court has directed all the State and Union Territories to implement the directions of the Union Government to provide supplementary nutrition food to all children in age group of 6 months to 3 years and also to severely underweight childr ..
A judge of the Madras High court has taken to task, a private airways for not serving food during a flight from Madurai to Chennai.Mr Justice S Regupathy, judge of Madras High court filed a complaint against Jet Airways, after the air hostess refused ..
The Supreme Court adjourned by two weeks the hearing of the appeal of the Income Tax Department, Mumbai against the judgment of the Bombay High Court granting exemption of 30 per cent to Bollywood actor Amitabh Bachchan in Income Tax on his income.Th ..
Special Public Prosecutor Ujjwal Nikam submitted before a designated court the 312-draft charges against all 47, including lone arrested Pakistani terrorist Ajmal Amir Kasab, Faheem Ansari and Sabauddin Ahmad, accused in the 26/11 terror attacks on t ..
Only audit firms with peer review certificates issued by the ICAI can henceforth conduct audit of listed companies in India. This new norm will come into force from accounting periods commencing from April 1, 2009, the audit profession regulator ICAI ..