Two sections of the Competition Act still to be notified.After a long wait of five years, India's official anti-monopoly body, the Competition Commission of India (CCI), would finally become operational from tomorrow.Sections three and four of the Co ..
The Insurance Laws Amendment Bill is expected to be one of the first pieces of legislation to be taken up for discussion in Parliament when the Fifteenth Lok Sabha session is convened. The Bill was placed in the Rajya Sabha last July. The Bill, that ..
Market regulator SEBI on Moday announced the appointment of Prashant Saran as its whole time member. “Prashant Saran took charge as Whole Time Member, Securities and Exchange Board of India in Mumbai today,” Sebi said in a release. Prior ..
Govt yet to notify key sections on conversion. A month after the government allowed registration of Limited Liability Partnerships (LLPs), only 10 firms have availed this new form of doing business that provides advantages of a partnership firm and a ..
The Finance Ministry has slapped definitive anti-dumping duty on colour television picture tubes imported from Malaysia, Thailand, China and South Korea.The levy of anti-dumping duty is likely to lead to higher input cost for manufacture of colour te ..
The Reserve Bank of India has empowered practicing company secretaries to issue Diligence Reports to scheduled commercial banks which will confirm the mandatory compliance with all statutory and contractual obligations by companies availing multiple ..
One of the big challenges facing the new government will be to reconsider the norms it announced earlier this year for computing foreign ownership, an issue on which it has drawn criticism. The guidelines, announced in February, said that investment ..
The Rs 7,000-crore Satyam scam, the biggest fraud in Indian corporate history, exposed the archaic nature of the country’s company laws, and posed questions about the prevalent auditing norms. The new government will have to learn its lessons f ..
In a bid to attract banks to trade in Separate Trading of Registered Interest and Principal of Securities (STRIPS), the Reserve Bank of India, in its draft guidelines on stripping/reconstitution of government securities, said that these financial ins ..
The Reserve Bank today asked regional rural banks to strictly adhere to rules regarding nominations in savings accounts, even if the customers do not ask for it.The Reserve Bank asked RRBs to strictly comply with the Banking Regulation Act, 1949, and ..
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