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Corporate Law News


Cabinet approves MoU with Canada

   13 June 2008 at 00:04

The government has approved an agreement to strengthen cooperation with Canada in designing and developing new and renewable energy technologies. The Union Cabinet, at a meeting chaired by Prime Minister Manmohan Singh on Thursday, gave its approval ..

Posted in Corporate Law |   288 Views


SEBI amends Foreign Institutional Investors Regulations Act, 1995

   04 June 2008 at 20:00

SEBI amends Foreign Institutional Investors Regulations Act, 1995Indian equity monetary body Securities and Exchange Board of India (SEBI) has amended SEBI (Foreign Institutional Investors) Regulations Act of 1995.Through the amendment, the policy me ..

Posted in Corporate Law |   354 Views


External Commercial Borrowing policy modified

   04 June 2008 at 20:00

External Commercial Borrowing policy modifiedThe External Commercial Borrowing (ECB) policy is regularly reviewed by the Government in consultation with Reserve Bank of India (RBI) to keep it in tune with the evolving macroeconomic situation, changin ..

Posted in Corporate Law |   243 Views


Is Finance Minister capable of controlling it?

   29 May 2008 at 15:14

A stage has reached now, where the Finance Minister cannot fool the people any longer and conceal the fact that we are faced with spiraling inflation. Instead of taking the bull by the horns, the Finance Minister, the Prime Minister and the Dy. Chair ..

Posted in Corporate Law |   318 Views


Madras HC refuses to stay export ban on non basmati rice

   27 May 2008 at 19:04

Madras HC refuses to stay export ban on non basmati rice5/23/2008The Madras High Court has refused to stay the ban on export of non-basmati rice.Justice A Kulasekaran, while refusing to stay the proceedings in the case, ordered notice to the Centre a ..

Posted in Corporate Law |   366 Views


RBI tightens anti-money laundering norms

   23 May 2008 at 23:36

RBI tightens anti-money laundering norms Tightening the anti-money laundering norms, the Reserve Bank made it mandatory for banks to report all suspicious transactions, including those of over Rs 10 lakhs, to the directorate of financial intelligence ..

Posted in Corporate Law |   414 Views


Microsoft to challenge Google again; considers fresh Yahoo deal

   21 May 2008 at 00:12

Microsoft to challenge Google again; considers fresh Yahoo deal Microsoft Corp. has announced that it had reached out to Yahoo Inc. with a possibility of a fresh deal that does not involve an acquisition of the Internet company. "Microsoft is conside ..

Posted in Corporate Law |   291 Views


SC dismisses BSNL's appeal against cell phone companies

   15 May 2008 at 11:56

SC dismisses BSNL's appeal against cell phone companies The Supreme Court on Wednesday dismissed BSNL's appeals seeking to recover revised charges from BPL Mobile, Idea Cellular and others for the resources (infrastructure facilities) provided to the ..

Posted in Corporate Law |   545 Views


SC's ruling on stolen vehicle's insurance claim

   12 May 2008 at 11:57

SC's ruling on stolen vehicle's insurance claim The Supreme Court has ruled that even if there are certain breach of conditions, the insurance company was under an obligation to indemnify the insurer for the theft of a vehicle. "In the case of theft ..

Posted in Corporate Law |   808 Views


SC issues notice to SEBI on fee continuity benefit issue

   10 May 2008 at 00:27

SC issues notice to SEBI on fee continuity benefit issue The Supreme Court sought reply from market regulator SEBI on a petition filed by a stock broker seeking fee continuity benefit for fresh registration of membership inherited by the firm. A ben ..

Posted in Corporate Law |   352 Views