By Judgment Dated: 30-7-2007, in Civil Appeal between Dharmendra Goel Vs. Oriental Insurance Co.Ltd., held that, Section 146 of the Motors Vehicles Act, 1988 casts an obligation on the owner of a vehicle to take out an insurance policy as provided un ..
The cloud over real estate mutual funds (REMF) has lifted. The finance ministry has brushed aside RBI’s concerns of REMFs violating foreign direct investment (FDI) norms in the realty sector. North Block has said the central bank’s concern — stating ..
Diversified company, Godrej Industries Ltd said on Monday that its unit Godrej Agrovet Ltd, through Godrej Foods, has formed a joint venture with Tyson India Holdings Ltd. Godrej Foods will hold 49 per cent in the venture, in which Tyson India, a uni ..
Monopoly of state owned SBI in managing provident fund totalling about Rs 2.5 lakh crore has ended with government allowing three private players including ICICI and HSBC a piece of the cake. Anil Ambani group firm Reliance Capital is the third priv ..
RBI hikes key rate to check inflation; interest rate may go up Home, consumer and other loan rates are expected to go up with Reserve Bank announcing a hawkish credit policy hiking key short-term lending rate by 0.5 pc and mandatory cash reserve requ ..
The Madurai Bench of Madras High Court has ruled that condoms cannot be marketed with obscene visuals either printed on the wrappers or in advertisements issued in visual and print media.Chief Justice A K Ganguly and Justice P Jyothimani gave the dir ..
In an attempt to boost the rural telephony and e-governance initiatives, the Department of Telecommunications (DoT) has decided to waive off licence fee levied on rural landline telephones. The decision taken at a recent Telecom Commission (TC) - a w ..
To produce 2,500 tonnes of polysilicon used in solar panels.City-based public sector undertaking (PSU), Bharat Electronics (BEL), said it is planning a major investment in the solar energy space in a tie-up with another PSU, Bharat Heavy Electricals ..
Votaries of scrapping Press Note 1 point out that such a step is critically important to attract FDI at a time when India’s current account deficit is galloping. They feel that stringent provisions in the Note block the entry of state-of-the-art tech ..
IN ITS best effort, you can say that Oil and Natural Gas Commission (ONGC) of India has won the legal battle against the Perth-based Clough Engineering in the Federal Court of Australia that has also helped ONGC to receive $21.5 million or Rs 100 cro ..
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