Share Holding of Credit Rating Agencies As per the information received from Securities and Exchange Board of India (SEBI), at the instance of the High Level Coordination Committee on Financial Markets (HLCCFM) Government had set up a committee to ..
Steps to Check Fudging of Accounts by Companies The Government has said that as and when any instance of wrong doing by any company comes to the notice, action is taken as per provisions of the Companies Act, 1956. In addition, the Ministry of Cor ..
RBI proposes free interest rates of export finance As part of a plan for implementation of the base rate system, the Reserve Bank of India (RBI) today said it would free interest rates on certain segments of export finance. Come July, banks will ..
The finance ministry has called for tougher foreign direct investment (FDI) norms in the housing and township sector. It has also proposed stringent monitoring to ensure FDI rules are strictly followed in this “sensitive” sector. The min ..
The ministry of corporate affairs has been in the thick of policymaking in the aftermath of the Satyam scandal. Corporate affairs secretary RCorporate affairs secretary R Bandyopadhyay Bandyopadhyay speaks about the many challenges before the mini ..
The Gujarat High Court in the matter between Thomson Rubber (India) Pvt Ltd Versus Union of India has harmoniously interpreted Rule 6 (a) of the Debt Recovery Tribunal (Procedure) Rules,1993 which read that an application may be preferred before th ..
The Delhi High Court (HC) on Thursday said the National Stock Exchange (NSE) was a public authority and was bound to reveal information under the Right to Information (RTI) Act. Justice Sanjiv Khanna dismissed NSE’s plea that it could not be f ..
Independent directors of many companies post the Satyam episode were apprehensive about continuing with their roles, said R Bandhopadhyaya, secretary, Ministry of Corporate Affairs. He was speaking on the new Company Law Bill, corporate social respo ..
The government on Monday said the new Companies Bill seeks to provide more powers to the shareholders and ensure greater transparency about the functioning of corporates. "The new (companies) bill, which hopefully we will pass this year, is wit ..
Breaking news: Sebi lifts ban on ULIPs April 12, 2010 Finance minister Pranab Mukherjee said that the status quo on the sale of ULIPs by insurance companies has been restored. He also said that Irda and Sebi have agreed on legally binding verdict fr ..
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