RBI allows Rs 1,000 a day withdrawal from points of sale.Automated teller machines (ATMs) have put an end to long queues at bank tellers’ windows. Now, long queues outside ATMs may also wither away.The Reserve Bank of India (RBI) has allowed w ..
The Government has said that efforts are being made to dispose of the pending cases in the Monopolies and Restrictive Trade Practices Commission by taking these up before the benches of the Commission. Being a quasi judicial body, the MRTP Commission ..
The Vepa Kamesam Committee, constituted by the Government, to examine various issues relating to Serious Fraud Investigation Office (SFIO) and to suggest statutory, administrative and organizational changes for improving the effectiveness and to ens ..
With just a fortnight to go before the ongoing Budget session comes to an end, the Centre is likely to push for legal amendments to enable State Bank of India raise capital through preference shares and also by preferential allotment or private place ..
The Supreme Court will decide whether mutual fund brokers can resort to a process (dividend stripping) of creating a short-term loss to avoid tax. A Bench headed by Justice S H Kapadia has issued notice broking firms on a batch of petitions filed by ..
A lower court on Wednesday extended the judicial remand of the tainted founder of Satyam Computers B Ramalinga Raju and others accused in the Rs 7,000 crore scam at the IT firm upto August 5. The extension comes close on the heels ..
PENDING CASES OF ENVIRONMENT CLEARANCE Lok Sabha A total of 223 projects awaited Environment Clearance as on 30th June 2009, a table of State-wise and Project-wise break up is enclosed. The Environmental Impact Assessment Notification of September, 2 ..
The raging dispute being heard in the Supreme Court between the companies belonging to the two Ambani brothers, Mukesh and Anil, mainly concerns the supply and pricing of natural gas from the Krishna Godavari basin. At the core of the dispute is how ..
The Supreme Court asked Reliance Industries and Reliance Natural Resources to explain why a gas supply deal between the two should not be cancelled and cleared the way for the government to be a party in the court battle, said a la ..
Oil minister Murli Deora on Monday reacted sharply to Anil Ambani's charge that the petroleum ministry was favouring Mukesh Ambani in the dispute over natural gas from Andhra offshore, even as petroleum secretary R S Pandey said t ..