The Centre is working on a model Real Estate Regulation Bill to provide guidelines to facilitate growth and promote a transparent and competitive real estate sector in the country. Inaugurating a conference on Affordable Housing for Urban Poor here on Thurs..
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There is a need to ensure ethics among market participants for efficient and transparent functioning of the system, a SEBI official said on Thursday. "There has not been much emphasis on ethics (among market participants) as there should have been," SEBI Whole-Time Member Prashant Saran said..
Non-industrial SEZs to be more energy efficient The Centre has drafted a ‘green policy’ for making industrial and non-industrial special economic zones (SEZs) more energy efficient. The policy would be introduced shortly, said MS Rao, development commissioner, Visakhapatnam Special Economi..
Scuttling a move to de-recognise the Coimbatore Stock Exchange (CSE) and close down its operation..
The Centre will take up the issue of granting a third extension to the approval given to four special economic zone (SEZ) projects, including Reliance Haryana’s multiproduct SEZ in Gurgaon and Suzlon Infrastructure’s high-tech SEZ in Karnataka, in its month-end meeting only if it gets a fr..
Reserve Bank of India (RBI) will shortly operationalise the revised regulatory framework for financial conglomerates in a bid to improve security, a top central banker said today. The apex bank will also shortly come out with a draft discussion paper on ..
SEBI’s regulations might have forced regional exchanges to exit from the market. Still, with their long history these exchanges can help in increasing the participation of retail investors and the compliance levels of brokers and intermediaries, according ..
The government is committed to clear the Insurance Amendment Bill that seeks to raise foreign direct investment (FDI) limit in the sector to 49% from the current 26%, minister of state for finance Namo Narain Meena said on Tuesday. “This is under prep..
Limited Liability Partnership (LLP) is a new form of business entity been created by enactment of Limited Liability Partnership Act, 2008. LLP is a body corporate formed and incorporated under LLP Act. It is a legal entity, separate from its partners, having perpetual succession. Any change in the partners ..
On 3rd Sept, 2009,the Reserve Bank of India has issued a notification and extended the date till 31st Dec, 2009 for one time settlement of agricultural loans...
Andhra Pradesh High Court has approved setting up of a fast track court to settle the multi-crore rupee fraud case of Satyam Computers, Corporate Affairs Minister Salman Khurshid said. ‘Agreeing to our appeal the High Court had approved setting up of a fast track court for the settlement of the Satyam fraud case. We are awaiting the final notification,’ Mr Khurshid told reporters ..
The Supreme Court has ruled that a School Examination Board is not a service provider and the provisions of the Consumer Protection Act are not applicable to such a statutory body. A bench comprising Justices R V Raveendran and Markandey Katju while allowing the appeal of Bihar School Examination Board said ‘The board is a statutory authority. The function of the boar..
The Supreme Court issued notices to the Union Government and Reserve Bank of India (RBI) on a petition alleging that the funds collected under the Disabilities Scheme have not been properly utilised. A Bench comprising Chief Justice K G Balakrishnan and Justices P Sathasivam and B S Chauhan issued notices seeking a response of the Union Government and the RBI to the a..
State-run power PSU NTPC on Saturday moved the Supreme Court challenging the Bombay High Court judgement that allowed Mukesh Ambani Group company RIL to amend its petition on the gas dispute. A ministerial group had approved $4.2 per mmBtu as the value of gas from RIL's KG-D6 fields, but before that the company had won a contract to supply 12 million cubic metres of gas per day to NTPC's Kawa..
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