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SATYAM: COURT DISMISSES PLEA AGAINST CLB ORDER

The Andhra Pradesh High Court on Tuesday dismissed a petition filed by a shareholder challenging the C..

Posted in news |   151 Views


Highlights of RBI's annual monetary policy

Following are the highlights of the first quarterly review of RBI's annual monetary policy   Key short-term rates, ratios unchanged Repo rate at 4.75%, reverse repo 3.25% Bank rate at 6%, CRR 5% ..

Posted in news |   112 Views


Consumer Courts System being strengthened

The functioning of the Consumer Fora in the country is reviewed regularly State/UT-wise through their Periodical (Monthly & Quarterly) Reports and remedial actions are suggested accordingly. The matter is also being taken up at the level of Secretary, Consum..

Posted in news |   165 Views


Cyber Regulation Appellate Tribunal Court inaugurated

The new Office and the Court Room of the Cyber Regulation Appellate Tribunal inaugurated here today. Speaking on the occasion, Mr. Justice K.G. Balakrishnan, Chief Justice of India said while administrating the regulations Tribunal will face a challenge to strik..

Posted in news |   172 Views


Setting up of Shipping Finance Corporation

Although, in the liberalization era Govt. is not committed to providing soft loan for acquisition of ships but on account of the current financial meltdown on the request of Ministry of Shipping and at the behest of Finance Ministry, Indian Banks’ Associat..

Posted in news |   174 Views


Delhi HC orders CVC inquiry into Prasar Bharati issue

The Delhi High Court on Monday ordered a Central Vigilance Commission (CVC) inquiry into alleged financial irregularities in Prasar Bharati Corporation and appointed a former judge to supervise Board meetings of the public broadcaster.  A bench headed by Chief Justice A P Shah directed the Boar..

Posted in news |   85 Views


ESOPs out of insider trading ambit

Employee stock options will be exempt from SEBI’s amendments made last November to the insider trading regulations, the markets regulator has clarified. SEBI had amended certain provisions of the Prohibition of Insider Trading Regulations in Novemb..

Posted in news |   175 Views


CAG rap for Sebi, Irda over violation of guidelines

The Comptroller and Auditor General of India (CAG) has slammed two key financial sector regulators, Securities & Exchange Board of India (Sebi) and Insurance Regulatory & Development Authority (Irda), for gross violation of norms. The CAG also reprimande..

Posted in news |   226 Views


ICAI pushes for computerised filing of financial statements

Domestic companies may soon have to file financial statements in a computerised format to enable easy flow of information between regulators, and facilitate comprehensive financial data analysis. In a letter to the ministry of corporate affairs, the Inst..

Posted in news |   96 Views


LOOSE ENDS IN LLP LAW

Limited liability partnerships (LLPs) have been the flavour of corporate jurists all over the world in..

Posted in news |   101 Views


Delhi HC adjourns hearing on TV show Sach Ka Samna

The Delhi High Court on Friday adjourned the hearing on the controversial TV serial 'Sach Ka Samna', a game show where contestants are asked a series of prying questions.  A single-member Bench of Justice Sanjiv Khanna referred the matter to a Division Bench headed by Chief Justice A P Shah.&nb..

Posted in news |   116 Views


You have to get your card registered to shop online

Are you planning to shop online in the near future? Or is there any other online transaction, involving the use of plastic money, high on your    /tabl..

Posted in news |   91 Views


Measures to Curb Electricity Theft

The Government is aware of the power theft in the country. Electricity Distribution is a subject of states. However, number of steps are being taken in this regards by Govt. of India also. The Electricity Act, 2003 provides a legal framework for making theft of ..

Posted in news |   219 Views


Satyam's Raju files plea in HC against lower court's order

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Posted in news |   126 Views


PAN MUST FOR PREMIUM OVER RS 1 LAKH

The Insurance Regulatory and Development Authority has made PAN card mandatory for all policies where annual premium is more than Rs 1 lakh. It has issued a circular to all life insurance companies in this regard, said a life insurance council official. ..

Posted in news |   133 Views


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