Search Results for Tag : India

News

RBI Eases NBFC Loan Restructuring Norms(31.07.2015)

Reserve Bank of India (RBI) has permitted non-bank lenders to retain the 'standard asset' tag on a restructured loan for an extended period if an infr.....

Tags : Reserve Bank of India

read»

NGT Raps NHAI Over Delay in Installation of Weighbridges(31.07.2015)

National Green Tribunal (NGT) has pulled up National Highways Authority of India (NHAI) for delay in installation of weighbridges at different entry p.....

Tags : National Green Tribunal, National Highways Authority of India

read»

Kerala High Court: Street Vending Needs Prior Permission for Land Use(11.08.2015)

Kerala High Court has held that one could use land of National Highway Authority of India (NHAI) for street vending only with prior permission of auth.....

Tags : Kerala High Court, National Highway Authority of India

read»

Statute

Bureau of Indian Standards Bill, 2015(06.08.2015)

The Bureau of Indian Standards Bill, 2015 was introduced in the Lok Sabha on 6 August, 2015. The Bill provides for the creation of a national body, th.....

Tags : bureau, indian standards

read»

Bombay High Court Directs SEBI to Inquire Role of FTIL in NSEL Payment Fraud(13.08.2015)

Bombay High Court has directed Security and Exchange Board of India(SEBI) to inquire role of Financial Technologies India Limited(FTIL) in Rs. 5574 cr.....

Tags : Bombay High Court,Security and Exchange Board of India,FTIL,NSEL Payment Fraud

read»

Others

PF Settlement Made Quicker(11.08.2015)

The Government of India has granted authorization to market transportation fuels, namely, MS, HSD and ATF to the new entrants including the private s.....

Tags : epfo, social security, india, canada, austria

read»

RBI Strikes Down Registration Certificate of Seven NBFCs(18.08.2015)

Reserve Bank of India (RBI) has cancelled certificate of registration of seven Non-Banking Financial Companies (NBFCs) including that of Religare Fina.....

Tags : Reserve Bank of India,NBFCs

read»

NCDRC Issues Notice to Nestle India, Orders Fresh Sample Testing of Maggie(18.08.2015)

NCDRC has issued notice to Nestle India seeking its response to Government's allegations that the company had resorted to unfair trade practice and s.....

Tags : NCDRC,Nestle India

read»

Supreme Court Seeks Reply from Search Engines Over Ads On Sex Determination of Foetus(19.08.2015)

Supreme Court has sought reply from search engines like Google India, Yahoo India and Microsoft Corporation (I) Pvt Ltd on a plea that they were viola.....

Tags : Supreme Court ,Google India, Yahoo India,sex determination

read»

RBI Clears 11 Payments Banks(20.08.2015)

Reserve Bank of India (RBI) has given 'in principle' clearance to 11 entities to set up 'payments banks'. These entities include department of posts, .....

Tags : Reserve Bank of India, Payments Banks

read»

Sebi Approves New Norms for Commodity Derivatives Market(25.08.2015)

Securities and Exchange Board of India (Sebi), has approved new norms for India’s commodity derivatives market and its brokers for regulating the comm.....

Tags : Securities and Exchange Board of India (Sebi),commodity derivatives market

read»

Karnataka High Court Disposes Case Against Nikon India(27.08.2015)

Karnataka HC has disposed of petition filed by Flipkart against Nikon India as Nikon withdrew names of e-commerce portals from caution notice on its w.....

Tags : Karnataka HC,Nikon India

read»

RBI Withdraws Banks' 25% Compensation(28.08.2015)

Reserve Bank of India (RBI) has withdrawn 25 per cent compensation to banks for detecting fake notes.

Tags : Reserve Bank of India,25 per cent compensation

read»

NGT Allows Widening of Highway through Karnala Bird Sanctuary(07.09.2015)

National Green Tribunal (NGT) has allowed National Highways Authority of India's plea seeking approval for diversion of a stretch of land in core area.....

Tags : National Green Tribunal ,National Highways Authority of India

read»

NGT Serve Notices to Maharashtra Government and NHAI for Cutting Trees(08.09.2015)

National Green Tribunal (NGT) has issued show-cause notices to Maharashtra Government and National Highways Authority of India (NHAI) for cutting tree.....

Tags : National Green Tribunal,Maharashtra Government , National Highways Authority of India

read»

Madras High Court Dismisses Plea Against BCCI(09.09.2015)

Madras High Court has dismissed a public interest litigation petition, seeking direction to Centre to take over management and administration of crick.....

Tags : Madras High Court ,Board of Control for Cricket in India

read»

Supreme Court Gives 3 Months Time to Air India to End Labour Disputes(10.09.2015)

Supreme Court has given three months time to Air India management to settle nearly eight year-old contentious labour disputes pertaining to pay, worki.....

Tags : Supreme Court, Air India

read»

SC to Centre and BCI: Review Rules to Ensure Lawyers Are Fit to Conduct Full Trial(14.09.2015)

SC has asked Centre and Bar Council of India (BCI) to revisit Advocates Act and pertinent rules to make certain that lawyers who start arguing a case .....

Tags : SC ,Bar Council of India

read»

SC Orders Appointment of Arbitrator in Odisha Case Involving Rs 900 crore Insurance Claims(15.09.2015)

Supreme Court has ordered Essar Steel India and New India Assurance Co. to appoint an arbitrator to settle dispute in case involving about Rs 900 cror.....

Tags : Supreme Court,Essar Steel India , New India Assurance Co.

read»

RBI Cancels Sahara's NBFC Licence for Flouting Know-Your-Customer Norms(15.09.2015)

Reserve Bank of India (RBI) has cancelled licence of Sahara India Financial Corporation Ltd (SIFCL), Sahara group’s Non-Banking Financial Co.(NBFC), e.....

Tags : Reserve Bank of India , Sahara

read»

Supreme Court Seeks AG’s Assistance in Hearing Assets Plea Against Ex-CJI K G Balakrishnan(16.09.2015)

Supreme Court has sought help of Attorney General of India Mukul Rohatgi to hear PIL, seeking CBI inquiry into alleged amassing of wealth by kin of Ju.....

Tags : Supreme Court ,Attorney General of India Mukul Rohatgi,Justice K G Balakrishnan

read»

Madras HC Grants Interim Stay on Cancellation of Greenpeace's FCRA Registration(17.09.2015)

Madras High Court has granted an interim stay to Greenpeace India Society for eight weeks on cancellation of NGO's registration under Foreign Contribu.....

Tags : Madras High Court ,Greenpeace India Society

read»

CCI Dismisses Complaint against Hindustan Sanitaryware(17.09.2015)

Competition Commission of India (CCI) has dismissed allegations of unfair business practices made in complaint filed by Shubham Sanitarywares against .....

Tags : Competition Commission of India ,Shubham Sanitarywares,Hindustan Sanitaryware and Industries Ltd

read»

CCI Rejects Complaint against SMV Agencies(17.09.2015)

Competition Commission of India (CCI) has rejected complaint alleging that Jaipuria Group's SMV Agencies indulged in unfair business practices with re.....

Tags : Competition Commission of India ,Jaipuria Sunrise Greens

read»

Patent Office Rejects AcelRX's Application for Nanotab Sufentanil(18.09.2015)

Indian Patent Office has refused patent application of US-based AcelRx Pharmaceuticals, Inc, for a nanotab sufentanil,which is supposed to be adminis.....

Tags : Indian Patent Office ,AcelRX,Nanotab Sufentanil

read»

CCI Orders Enquiry Against A Leading Taxi Aggregator For Predatory Pricing(21.09.2015)

Competition Commission of India (CCI) has ordered an enquiry against a leading taxi aggregator company in India for alleged indulging in predatory pri.....

Tags : Competition Commission of India,taxi aggregator company

read»

CCI Approves Koneru Holdings Multi-Layered Deal(24.09.2015)

Competition Commission of India (CCI) has approved multi-layered deal under which Koneru Holdings Ltd would acquire engineering, procurement, construc.....

Tags : Competition Commission of India ,Koneru Holdings Ltd

read»

CCI Approves Heidelberg-Italcementi Deal(25.09.2015)

Competition Commission of India (CCI) has approved Heidelberg Cement's proposed acquisition of Italcementi SpA. Heidelberg and the Italian company are.....

Tags : Competition Commission of India,Heidelberg,Italcementi

read»

RBI Orders Concurrent Auditors to Submit Reports on Non-Performing Loans Directly to Banks(25.09.2015)

Reserve Bank of India (RBI) has directed concurrent auditors of commercial banks to submit their review of non-performing loans directly to the banks .....

Tags : Reserve Bank of India,concurrent auditors of commercial banks

read»

BCI Suspends Licence of 15 Lawyers(25.09.2015)

Bar Council of India (BCI) has suspended licences of 15 advocates with “mob mentality“ who created a ruckus in Madras High Court last week and barred .....

Tags : Bar Council of India , Lawyers

read»

Supreme Court Confirms Air India Engineer Union Head's Termination in Mangalore Crash Case(28.09.2015)

SC has confirmed Air India's decision to terminate from service General Secretary of an Employees' Union, for calling a strike 3 days after crash of a.....

Tags : Supreme Court ,Mangalore Crash Case ,Air India

read»

CCI Bans 2 Repetitive Violators for Violating Competition Norms(28.09.2015)

Competition Commission of India (CCI), has passed directions against two repetitive violators (P V Basheer Ahmed and M C Bobby, office bearers of a Ke.....

Tags : Competition Commission of India ,Competition Norms

read»

Notifications & Circulars

BIS to develop standards for 43 products under Make in India programme(23.09.2015)

Bureau of Indian Standards has taken up development of standards for 43 products for manufacturing quality products. It has also decided to develop or.....

Tags : Bureau, india, standards, construction, water, waste

read»

SEBI Orders Attachment of 134 Properties of Saradha Realty(29.09.2015)

Securities and Exchange Board of India (SEBI) has ordered attachment of 134 properties of Saradha Realty and its Managing Director Sudipta Sen to reco.....

Tags : Securities and Exchange Board of India,Saradha Realty

read»

RBI Cut Repo Rate by 50 bps(29.09.2015)

Reserve Bank of India (RBI) has cut its repo rate by 50 basis points to 6.75%, while keeping the Cash Reserve Ratio (CRR) unchanged at 4%. This was fo.....

Tags : Reserve Bank of India, Repo Rate

read»

RBI Permits Companies to Raise $750 mn through Rupee Bonds(30.09.2015)

Reserve Bank of India (RBI) has permitted companies to raise up to $750 million from overseas markets under automatic route, through rupee-denominated.....

Tags : Reserve Bank of India ,companies

read»

Sebi Exempts 3 PSBs From Takeover Code Obligations(30.09.2015)

Securities and Exchange Board of India (Sebi) has exempted Centre from discloser of takeover code obligations for its investment in Dena Bank, Bank of.....

Tags : Securities and Exchange Board of India,Dena Bank, Bank of India, Corporation Bank.

read»

RBI: No Foreign Exchange Act Action against Declarant for Disclosure Under Black Money Window(01.10.2015)

Reserve Bank of India (RBI) has said no action under FEMA will be taken against declarations under one-time black money compliance window. RBI has alr.....

Tags : Reserve Bank of India ,FEMA ,black money compliance window

read»

Facilitating Rupee denominated bonds overseas(29.09.2015)

The Reserve Bank of India has put in place a framework for issuance of Rupee denominated bonds overseas, within the remit of the External Commercial B.....

Tags : Indian rupee, denominate, bond, foreign

read»

RBI Eases MFI Norms to Provide Cheaper Loans to SCs Below Double Poverty Line(05.10.2015)

Reserve Bank of India (RBI) has eased micro finance norm of maximum 4 % variance in interest rates for small loans offered to Scheduled Castes (SCs ).....

Tags : Reserve Bank of India , SC

read»

New Sebi Rules for Commodities Trading(05.10.2015)

Securities and Exchange Board of India (Sebi) has tightened margin and collateral requirements for commodities trading, to align these with practices .....

Tags : Securities and Exchange Board of India , Sebi Rule,Commodities Trading

read»

Madras High Court Asks Bar to Retain Only 5-year Law Degree Courses(07.10.2015)

Madras High Court has asked Bar Council of India to abolish 3-year law degree courses at earliest and retain only 5-year courses in stream on par with.....

Tags : Madras High Court,Bar Council of India

read»

RBI Notifies Increase in FPI Holding Limits(07.10.2015)

Reserve Bank of India (RBI) has notified that Foreign Portfolio Investors (FPI) would be able to hold up to R1.66 lakh crore worth of government secur.....

Tags : Reserve Bank of India ,Foreign Portfolio Investors

read»

Bombay High Court Quashes Income Tax Appellate Tribunal Ruling in Rs 8500 crore Transfer Pricing Case(09.10.2015)

Bombay High Court has quashed and set aside an order of Income Tax Appellate Tribunal, which had ruled that I-T department had powers to raise tax dem.....

Tags : Bombay High Court ,Income Tax Appellate Tribunal,Vodafone India

read»

RBI Boosts Affordable Housing(09.10.2015)

Reserve Bank of India (RBI) has said that banks could provide home loans up to 90% for properties that cost up to Rs 30 lakh, giving a boost to low-co.....

Tags : Reserve Bank of India,banks

read»

SEBI Reviews Norms for Trading Capacity of Exchanges and Clearing Corporations(09.10.2015)

Securities and Exchange Board of India (SEBI) has directed exchanges and their clearing corporations to have an installed capacity of at least 1.5 tim.....

Tags : Securities and Exchange Board of India ,exchanges , clearing corporations

read»

Delhi High Court Directs MCDs to Deseal Towers, Fix Network(12.10.2015)

Delhi HC on application moved by a telecom company and Cellular Operators Association of India claiming that around 130 of their mobile towers have be.....

Tags : Delhi HC , Cellular Operators Association of India

read»

Delhi High Court Confirms Order Quashing CIL's Revised Transportation Rates(12.10.2015)

Delhi High Court has upheld its order quashing Coal India Ltd's (CIL) decision on revision of rates of coal transportation by companies run by ex-serv.....

Tags : Delhi High Court , Coal India Ltd

read»

CCI Rejects Complaint against Arasu Cable TV(12.10.2015)

Competition Commission of India (CCI) has dismissed complaint filed by Makkal Tholai Thodarpu Kuzhumam Ltd against Arasu Cable TV and rejected allegat.....

Tags : Competition Commission of India , Arasu Cable TV

read»

“Advantage Healthcare India – 2015” inaugurated(05.10.2015)

The Commerce Secretary inaugurated 'Advantage Health Care India, 2015" , an international summit on Medical Value Travel on 5 October, 2015. Running f.....

Tags : Health, care, export, india, summit

read»

Review of the capacity planning framework of stock exchanges and clearing corporations(08.10.2015)

Due to an increase in trading volume resulting from a growth of the stock market, the Securities and Exchange Board of India has reiterated the need f.....

Tags : Due to an increase in trading volume resulting from a growth of the stock market, the Securities and Exchange Board of India has reiterated the need for stock exchanges and clearing corporations to maintain sufficient capacity to be able to handle the increased demand. Some of new directions with regards to capacity are: installed capacity being at least one and a half times of projected peak load; and all software and hardware needs to be adequately sized to meet the requirements.

read»

MP High Court Dismisses Plea Seeking Cancellation of Second ODI Between India and South Africa(13.10.2015)

Madhya Pradesh High Court has denied to stay second ODI between India and South Africa that is to be held on October 14 and dismissed a PIL that soug.....

Tags : Madhya Pradesh High Court, Second ODI Between India and South Africa

read»

RBI Turns Net Seller of Foreign Currency in August(13.10.2015)

Reserve Bank of India (RBI) for the first time in the past one year has turned net sellers of foreign currency in August to help arrest the slide in t.....

Tags : Reserve Bank of India (RBI),Foreign Currency

read»

Yes Bank Gets RBI Approval for MF and AMC(13.10.2015)

Yes Bank has received Reserve Bank of India (RBI) approval to set up a mutual fund asset management company and trustee company as wholly owned subsid.....

Tags : Yes Bank, Reserve Bank of India

read»

RBI Issues Revised Guidelines for FIF(16.10.2015)

Reserve Bank of India (RBI) has issued revised guidelines for scope of activities and objectives of its Financial Inclusion Fund (FIF). The corpus of .....

Tags : Reserve Bank of India, FIF

read»

RBI: No Relaxation in CRR, SLR Norms(19.10.2015)

Reserve Bank of India (RBI) has junked the plea of entities that have secured licences to set up small finance banks that they be given some leeway in.....

Tags : Reserve Bank of India, small finance banks

read»

Indian Patent Office Denies Patent for ‘Invention’ on Providing Hypertext to Phones(21.10.2015)

Indian Patent Office has denied to entertain an application by US technology, Google for its 'claimed invention' regarding a computer-implemented meth.....

Tags : Indian Patent Office, US technology, Google

read»

RBI Issues Guidelines for the Gold Monetisation Scheme(23.10.2015)

Reserve Bank of India (RBI) has issued guidelines for the Gold Monetisation Scheme. RBI has issued directions for banks on implementation of the gold .....

Tags : Reserve Bank of India , Gold Monetisation Scheme

read»

Bombay HC to Magnasound and Sony: Hand Over Masters and Other Material Back to Official Liquidator(23.10.2015)

Bombay HC has ordered Sony Music and Magnasound India to hand over masters and other material back to official liquidator. Magnasound India had made a.....

Tags : Bombay HC, Sony Music , Magnasound India

read»

Bombay HC Denies to Grant Relief to Doctors against MCI Action(26.10.2015)

Bombay HC has denied to grant relief to a bunch of doctors who challenged orders of Medical Council of India and Maharashtra Medical Council against t.....

Tags : Bombay HC , Medical Council of India

read»

RBI seeks Comments/Feedback on Report of the Working Group on the Implementation of Indian Accounting (20.10.2015)

Reserve Bank of India has released the Report of the Working Group on the Implementation of Indian Accounting Standards by Banks in India. The Report .....

Tags : Rbi, international reporting, accounting, india, standards, budget

read»

Bombay HC Grants Interim Relief to 12 FTII Students from Arrest(28.10.2015)

Bombay HC has granted a conditional interim relief to 12 Film and Television Institute of India students facing arrest over August 17 gherao of the in.....

Tags : Bombay HC, Film and Television Institute of India

read»

RBI Says No Fresh Permission to Foreign Law Firms for Liaison Office(30.10.2015)

Reserve Bank of India (RBI) has said it would not grant fresh or renewed permission to any foreign law firm to open a liaison office in the country.

Tags : Reserve Bank of India, Foreign Law Firms

read»

RBI Permits Custodians or Banks to Short-Sell in Govt. Bond Market(30.10.2015)

Reserve Bank of India (RBI) has permitted custodians or banks to short-sell in Government Bond Market with primary members or individual bank customer.....

Tags : Reserve Bank of India, Government Bond Market, Custodians , Banks

read»

RBI Allows NRIs to Investment in National Pension Schemes(30.10.2015)

Reserve Bank of India (RBI) has allowed Non-Resident Indians (NRIs) to subscribe to pension scheme, which is governed, administered by Pension Fund Re.....

Tags : Reserve Bank of India, Non-Resident Indians, National Pension Schemes

read»

RBI Grants NBFCs More Power to Change Ownership in Stressed Firms(30.10.2015)

Reserve Bank of India (RBI) has allowed Non-Banking Finance Companies (NBFCs) to upgrade credit facilities extended to borrowing entities whose owners.....

Tags : Reserve Bank of India, Non-Banking Finance Companies

read»

SC Nods to BCI to “Continue With the New Rules"(03.11.2015)

Supreme Court has said that apex regulatory body for lawyers can "continue with the new rules" for verifying advocates, while giving its nod to Bar C.....

Tags : Supreme Court, Bar Council of India

read»

Deepak Singhal Takes Over as RBI Executive Director(04.11.2015)

Deepak Singhal has taken over as new Executive Director at the Reserve Bank of India (RBI).

Tags : Reserve Bank of India

read»

SAT Sets Aside SEBI Approval to Set up SRO for MF Distributor(04.11.2015)

Securities Appellate Tribunal (SAT) has set aside an approval granted by Securities and Exchange Board of India (SEBI) to Institution for Mutual Fund .....

Tags : Securities Appellate Tribunal, Securities and Exchange Board of India, Institution for Mutual Fund Intermediaries, Self-Regulatory Organization

read»

Bombay HC: If Hubby Earns a Lot, Family Still Depends on Wife(04.11.2015)

Bombay HC while directing New India Assurance to pay compensation to Sangli resident Sunil Garud and his two young sons for the death of his wife in a.....

Tags : Bombay HC , New India Assurance

read»

NGT Seeks Reply from IIT-M over Tondiarpet Oil Leak Case(05.11.2015)

National Green Tribunal (NGT) has directed investigating team of Indian Institute of Technology-Madras to give its reply on detailed site characterisa.....

Tags : National Green Tribunal, Indian Institute of Technology-Madras, Tondiarpet oil leak case

read»

RBI Issues Gold Bonds Operational Guidelines(05.11.2015)

Reserve Bank has issued operational guidelines for Sovereign Gold Bonds, 2015-16 and mandated some operational procedures for Commercial banks and pos.....

Tags : Reserve Bank of India, Commercial banks , post offices, Gold Bonds Operational Guidelines

read»

CCI Rejects Case against Goa's Chemists and Druggists Association(06.11.2015)

Competition Commission of India (CCI) has rejected complaint filed by Royal Agency, Margao alleging of unfair business practices made against Goa's Ch.....

Tags : Competition Commission of India, Royal Agency, Goa's Chemists and Druggists Association

read»

RBI Includes Bandhan Bank in Second Schedule List(06.11.2015)

Reserve Bank of India (RBI) has said that Bandhan Bank is now included in the second schedule list, making it eligible for loans from the central bank.....

Tags : Reserve Bank of India , Bandhan Bank

read»

RBI Stop to Barter Trade on Indo-Myanmar Border(06.11.2015)

Reserve Bank of India (RBI) has decided to officially stop barter system, which is trading of goods without exchange of money, at Indo-Myanmar border......

Tags : Reserve Bank of India , Barter Trade , Indo-Myanmar Border

read»

Delhi HC Grants Relief to Indian Jewellers(09.11.2015)

Delhi HC while giving relief to Indian jewellers who import gold ornaments from Indonesia under a free trade agreement, has directed customs authoriti.....

Tags : Delhi HC, Indian Jewellers,

read»

CCI Approves Pramerica's Acquisition of Deutsche MF Business(10.11.2015)

Competition Commission of India (CCI) has approved acquisition of Deutsche Bank's asset management business in India by global fund house Pramerica As.....

Tags : Competition Commission of India , Deutsche MF Business, Pramerica Asset Managers Pvt Ltd.

read»

Judgments

Injunction granted against title phonetically similar to ‘Indian Express’(23.10.2015)

The Bombay High Court accepted arguments that the Defendant’s use of the title ‘Indian Express’ in Devnagari script for its newspaper infringed the tr.....

Tags : Indian express, title, trade mark

read»

CCI Approves DLF-GIC Joint Venture Scheme(17.11.2015)

Competition Commission of India (CCI) has approved the joint venture scheme of India's largest real estate developer, DLF with Singapore's sovereign .....

Tags : Competition Commission of India ,DLF-GIC Joint Venture Scheme

read»

CCI Slams Rs 258 cr Fine on IndiGo, SpiceJet & Jet(18.11.2015)

Competition Commission of India (CCI) has slammed a penalty of Rs 257.91 crore on Jet Airways, IndiGo and SpiceJet for colluding in fixing fuel surcha.....

Tags : Competition Commission of India , Jet Airways, IndiGo , SpiceJet

read»

Justice T.S. Thakur, The Next Chief Justice of India(19.11.2015)

Justice T.S. Thakur has been appointed as the Chief Justice of India. Justice Thakur, who is the seniormost judge after the Chief Justice of India H......

Tags : Justice T.S. Thakur, Next Chief Justice of India

read»

CCI Asks CIL to Examine Spot E-Auction Scheme Afresh(19.11.2015)

Competition Commission of India (CCI) has asked Coal India Ltd (CIL) to examine afresh its spot e-auction scheme to obviate possible violation of com.....

Tags : Competition Commission of India , Coal India Ltd

read»

CCI Rejects Complaint Against DIAL on High Office Rent(19.11.2015)

Competition Commission of India (CCI) has rejected allegations leveled by Airline Operators Committee (AOC), that Delhi International Airport Ltd (DIA.....

Tags : Competition Commission of India, Airline Operators Committee , Delhi International Airport Ltd

read»

CCI Orders Inquiry against Max Super Speciality Hospital(19.11.2015)

Competition Commission of India (CCI) has ordered inquiry against Max Super Speciality Hospital and Becton Dickinson India for alleged anti-competitiv.....

Tags : Competition Commission of India , Max Super Speciality Hospital , Becton Dickinson India

read»

RBI Clears Way for Mergers and Acquisitions in Banking Industry(20.11.2015)

Reserve Bank of India (RBI) has said that it permit promoters/investors to own more than 10% if applicant meets certain conditions including if `it is.....

Tags : Reserve Bank of India, Mergers and Acquisitions in Banking Industry

read»

RBI Permits Regional Rural Banks (RRB) to Launch Internet Banking(20.11.2015)

Reserve Bank of India (RBI) has allowed strong regional rural banks to launch online transaction through internet banking. Profitable RRBs with minimu.....

Tags : Reserve Bank of India , RRB

read»

RBI’s Nod Mandatory to Buy 5% or More in Banks(20.11.2015)

Reserve Bank of India (RBI) has said that its prior approval will be required for acquisition of shares or voting rights in a private bank for increas.....

Tags : Reserve Bank of India , private bank

read»

Bombay HC Allows Shri Warna Minerals (India) PVT. Ltd. to Carry Mining Activities in Kolhapur(23.11.2015)

Bombay High Court has granted interim relief to Shri Warna Minerals (India) Private Limited, for carrying out mining activities in Kolhapur and allowe.....

Tags : Bombay High Court, hri Warna Minerals (India) Private Limited

read»

Madras HC Put Stay on Cancellation of Greenpeace India’s Registration(23.11.2015)

Madras HC has stayed Government order cancelling Greenpeace India's registration, stating that Tamil Nadu Registrar of Societies had not followed pri.....

Tags : Madras HC , Greenpeace India's registration

read»

Customs preparations for returnees from Indian enclaves(18.11.2015)

The Central Board of Excise and Customs has appointed places as Land Customs Stations to clear baggage brought into the Indian mainland by those retur.....

Tags : Indian enclave, Bangladesh, customs

read»

Another 10 per cent divested in Coal India Limited(18.11.2015)

The Cabinet Committee on Economic Affairs has approved a further disinvestment of 10 per cent of share capital in Coal India Limited. The paid up equi.....

Tags : Coal india, disinvestment, 2015

read»

SC to Vodafone: Deposit Rs 2,000 crore for Merger(24.11.2015)

Supreme Court has directed Vodafone to make an interim payment of Rs 2,000 crore to department of telecommunications, following which the latter will .....

Tags : Supreme Court, Vodafone India

read»

SC Appoints Arbitrator to Adjudicate Dispute between Sidhu and Star India(24.11.2015)

SC has appointed retired judge Justice S B Sinha as an arbitrator to adjudicate a dispute between former Indian cricketer Navjot Singh Sidhu and TV ch.....

Tags : SC, Navjot Singh Sidhu , TV channel Star India

read»

CCI Rejects Complaints Against RIL, Reliance Gas Infra(25.11.2015)

Competition Commission of India (CCI) has rejected allegations of unfair business practices made against Reliance Industries, BSE and Reliance Gas Tra.....

Tags : Competition Commission of India, Reliance Industries, BSE ,Reliance Gas Transportation Infrastructure

read»

CCI Approves Aviva's Additional 23% Stake Buy in Indian Joint Venture(25.11.2015)

Competition Commission of India (CCI) has approved UK insurer Aviva's proposal to acquire additional 23 per cent stake in its Indian insurance joint v.....

Tags : Competition Commission of India , Aviva

read»

RBI Postpones Issue Date of Sovereign Gold Bonds(25.11.2015)

Reserve Bank of India (RBI) has postponed issue date of sovereign gold bond by four days to November 30 to enable their smooth uploading into the cent.....

Tags : Reserve Bank of India , Sovereign Gold Bonds

read»

CCI Junks Complaints against Sony, HP(30.11.2015)

Competition Commission of India (CCI) has dismissed allegations against Sony India and Hewlett Packard India Sales, alleging anti-competitive business.....

Tags : Competition Commission of India, Sony, HP

read»

CCI Junks Complaint against DLF Qutab Enclave Complex Educational Charitable Trust and DLF Ltd.(01.12.2015)

Competition Commission of India (CCI) has junked allegations of anti-competitive business practice against two DLF Group firms, DLF Qutab Enclave Comp.....

Tags : Competition Commission of India, DLF Group firms

read»

RBI Relaxes ECB Norms for Accessing Foreign Loans(01.12.2015)

Reserve Bank of India (RBI) has unveiled a revised External Commercial Borrowing (ECB) policy, entailing, among other things, a more liberal approach.....

Tags : Reserve Bank of India, External Commercial Borrowing

read»

SEBI Eases Listing for Stock Exchanges(01.12.2015)

Securities and Exchange Board of India (SEBI) has amended existing Stock Exchanges and Clearing Corporations (SECC) regulations to make it easier for .....

Tags : Securities and Exchange Board of India, Stock Exchanges and Clearing Corporations

read»

SEBI Relaxes Delisting Procedure for Small Companies(01.12.2015)

Securities and Exchange Board of India (SEBI) in order to weed out a large number of illiquid stocks has relaxed delisting norms for small companies a.....

Tags : Securities and Exchange Board of India , Small Companies

read»

Hyderabad HC Directs Election Commission on Mass Deletions from Voters List(04.12.2015)

Hyderabad High Court has directed Election Commission of India to pass final orders and intimate final decision by December 10, on mass deletion of 6......

Tags : Hyderabad High Court, Election Commission of India

read»

RBI Revises Priority Sector Lending Norms for RRBs(04.12.2015)

Reserve Bank of India (RBI) has revised the priority sector lending target for Regional Rural Banks (RRBs) to 75% of total outstanding loans from 60% .....

Tags : Reserve Bank of India, Regional Rural Banks

read»

CCI Fines IPO-Bound Alkem Laboratories for Rs 74 Crore(07.12.2015)

Competition Commission of India (CCI) has imposed a penalty of over Rs 74 crore on IPO-bound Alkem Laboratories and its two officials for indulging in.....

Tags : Competition Commission of India, Alkem Laboratories

read»

RBI Cancels License of 56 NBFCs(07.12.2015)

Reserve Bank of India (RBI) has cancelled a bulk of Non-Banking Financial Companies (NBFCs) Licence, for either violating regulatory norms or surrende.....

Tags : Reserve Bank of India , Non-Banking Financial Companies

read»

SC Rejects FIMI Plea Against Retrospective Levy of Social Impact Fund(08.12.2015)

SC has refused to entertain plea by lobby group Federation of Indian Mineral Industries (FIMI), which challenged retrospective levy of royalty for its.....

Tags : SC, Federation of Indian Mineral Industries

read»

SAT Sets Aside SEBI Order of Imposing Penalty on Reliance Petroinvest(09.12.2015)

Securities Appellate Tribunal (SAT) has set aside an order by Securities and Exchange Board of India (SEBI) against Reliance Petroinvestments in a ca.....

Tags : Securities Appellate Tribunal, Securities and Exchange Board of India, Reliance Petroinvestments

read»

Supreme Court Directs ASI to Frame Guides' Policy by December 30(09.12.2015)

Supreme Court has given time till December 30, 2015 to Archaeological Survey of India (ASI) to comply with its direction of seeking a policy for guide.....

Tags : Supreme Court, Archaeological Survey of India

read»

CCI Approves Novartis Sale of Animal Health Division(11.12.2015)

Competition Commission of India (CCI) has approved Novartis India’s plan to sell the animal health division to Elanco India Pvt Ltd, the Indian arm o.....

Tags : Competition Commission of India , Novartis India, Elanco India Pvt Ltd

read»

CIC to Centre: Reveal Names of Those Applying for Lokpal’s Posts(11.12.2015)

Competition Commission of India (CCI) has ordered Centre to reveal names of applicants for the Lokpal's posts to ensure transparent process.

Tags : Competition Commission of India , Centre

read»

CIC: Disclose Educational Qualifications of Haridwar MP Pokhriyal(11.12.2015)

Competition Commission of India (CCI) has directed Hemwati Nandan Bahuguna Garhwal University to disclose educational qualifications of Haridwar MP Ra.....

Tags : Competition Commission of India , Haridwar MP Ramesh Pokhriyal

read»

RBI Announces Timetable Reduction in SLR(11.12.2015)

Reserve Bank of India (RBI) has announced a reduction in share of government securities known as Statutory Liquidity Ratio (SLR) that banks have to ma.....

Tags : Reserve Bank of India, Statutory Liquidity Ratio

read»

RBI Revises Norms for 'When issued' Security(11.12.2015)

Reserve Bank of India (RBI) in order to encourage trading in ‘When Issued’ transactions in government securities, has allowed banks to take short posi.....

Tags : Reserve Bank of India , ‘When Issued’ transactions

read»

Allahabad HC Junks Termination Orders for 16 IIIT-A Teachers(14.12.2015)

Allahabad High Court has junked a resolution of board of management of Indian Institute of Information Technology-Allahabad (IIIT-A) and subsequent or.....

Tags : Allahabad High Court, Indian Institute of Information Technology-Allahabad

read»

CCI Seeks Public Comment over 500cr PVR-DT Cinemas Deal(14.12.2015)

Competition Commission of India (CCI) has sought comments from public over PVR’s proposed Rs 500-crore worth acquisition of DT Cinemas, after finding .....

Tags : Competition Commission of India , PVR

read»

Madras HC Gives 3 Months Time to CLB to Complete Hearing in FTIL Case(15.12.2015)

Madras High Court has given three more months time for Company Law Board (CLB) to complete hearing in matter on supersession of Board of Financial Tec.....

Tags : Madras High Court, Financial Technologies (India) Ltd

read»

Delhi HC Directs Govt. to Issue List of Particulars to Cairn India(15.12.2015)

Delhi HC has directed Centre to give Cairn India a list of particulars Government needs to take a decision on the company's request for extending till.....

Tags : Delhi HC, Cairn India

read»

CCI Nods for Kuoni Travel's Acquisition By Thomas Cook(16.12.2015)

Competition Commission of India (CCI) has approved acquisition of Kuoni Travel by Thomas Cook (India).

Tags : Competition Commission of India, Kuoni Travel, Thomas Cook

read»

SC: RBI Must Disclose All Info About Banks Under RTI(17.12.2015)

Supreme Court has ruled that Reserve Bank of India (RBI) is bound in law to give information regarding private and public banks under the Right To Inf.....

Tags : Supreme Court, Right To Information , Reserve Bank of India

read»

RBI Issues New Guidelines for Banks to Fix Lending Rate(18.12.2015)

Reserve Bank of India (RBI) has issued new guidelines on how banks can calculate their lending rates in a bid to make them more closely based on marke.....

Tags : Reserve Bank of India , lending rates

read»

RBI to Banks: Allow Mobile Banking Registration at ATMs(18.12.2015)

Reserve Bank of India (RBI) has asked all National Financial Switch (NFS) member banks to make changes in ATM switches by March 2016 to help customers.....

Tags : Reserve Bank of India, National Financial Switch

read»

CCI Junks Complaints against Prestige Estates Projects(18.12.2015)

Competition Commission of India (CCI) has dismissed allegations of unfair business practices made against Bengaluru-based Prestige Estates Projects.

Tags : Competition Commission of India , Prestige Estates Projects

read»

CCI Approves Piramal’s Acquisition(21.12.2015)

Competition Commission of India (CCI) has approved acquisition of Piramal Enterprises' lab diagnostics and point-of-care business by DiaSys India.

Tags : Competition Commission of India, Piramal Enterprise

read»

CCI Permits $150-mn JBF Group-KKR Credit deal(21.12.2015)

Competition Commission of India (CCI) has approved polyster products manufacturer JBF Industries' $150 million deal with global investment firm KKR Cr.....

Tags : Competition Commission of India, JBF Industries, KKR Credit

read»

PFRDA Switches to PAN for Online Enrolment Under NPS Scheme(21.12.2015)

Pension Fund Regulatory and Development Authority of India (PFRDA) has started using PAN instead of Aadhaar for validation of new customers who can no.....

Tags : Pension Fund Regulatory and Development Authority of India, National Pension System (NPS) scheme

read»

RBI: Small Finance Banks Can Join Payment System(23.12.2015)

Reserve Bank of India (RBI) has said that entities who received in-principle approval for setting up payments banks and small finance banks can join a.....

Tags : Reserve Bank of India, payment system

read»

RBI Says No Deadline for Resolving Complaints under Banking Ombudsman Scheme(23.12.2015)

Reserve Bank of India (RBI) has said that there is no time limit for resolution of complaints under Banking Ombudsman scheme, aimed at seeking redress.....

Tags : Reserve Bank of India, Ombudsman scheme

read»

Delhi HC Issues Notice to Air India, DGCA, Aviation Ministry over 'Overbooking Policy'(23.12.2015)

Delhi HC has issued notices to Air India, Directorate General of Civil Aviation (DGCA) and Aviation Ministry over the state-owned airline’s policy of .....

Tags : Delhi HC, Air India, DGCA, Aviation Ministry

read»

IPO Freezes Software Patent Rules(28.12.2015)

Indian Patent Office (IPO), after strong opposition from several associations, has put in abeyance the new guidelines on examination of computer-relat.....

Tags : Indian Patent Office

read»

Bombay High Court Serves Notices to Vedanta, Cairn India to Explain Merger(29.12.2015)

Bombay High Court has issued notices to Vedanta, Cairn India -and their directors over a shareholder's petition alleging that Vedanta used complex tra.....

Tags : Bombay High Court , Vedanta, Cairn India

read»

CCI Permits Euro 2.75 Billion Lanxess-Saudi Aramco Joint Venture Deal(30.12.2015)

Competition Commission of India (CCI) has approved speciality chemicals company Lanxess and Saudi Aramco deal to form a joint venture for synthetic ru.....

Tags : Competiition Commission of India, Lanxess , Saudi Aramco

read»

CCI Dismisses Meru’s Complaint against Uber(30.12.2015)

Competition Commission of India (CCI) has dismissed a complaint filed by Meru Cabs Company against Uber alleging that they were following predatory pr.....

Tags : Competition Commission of India , Meru Cabs , Uber

read»

CCI Approves RBS India-Sanctum Wealth Acquisition Deal(30.12.2015)

Competition Commission of India (CCI) has approved acquisition of Royal Bank of Scotland (RBS) Group's India wealth management business by Sanctum Wea.....

Tags : Competition Commission of India , Royal Bank of Scotland , Sanctum Wealth

read»

CCI Permits Avago's Acquisition of Broadcom(04.01.2016)

Competition Commission of India (CCI) has given its nod to $37 billion acquisition of Broadcom Corporation by chipmaker Avago Technologies Ltd.

Tags : Competi, tion Commission of India, Avago Technologies Ltd., Broadcom Corporation

read»

RBI Tightens Norms for Banks Lending to Overseas Subsidiary of Indian Companies(04.01.2016)

Reserve Bank of India (RBI) has tightened norms for banks lending to overseas subsidiary of Indian companies by raising the provisions substantially a.....

Tags : Reserve Bank of India , subsidiary of Indian companies

read»

Supreme Court Irks over Air India’s Running into Losses(05.01.2016)

Supreme Court has irked over Air India and said that while private airlines were prospering, Air India was running into losses and wondered who should.....

Tags : Supreme Court , Air India

read»

RBI Issues 17 Master Directions Related to FEMA(05.01.2016)

Reserve Bank of India (RBI) has issued 17 Master Directions covering foreign exchange transactions on various regulatory issues in order to simplify .....

Tags : Reserve Bank of India, Master Directions

read»

CCI: Syringemaker, Hospital Gouging Patients(06.01.2016)

Competition Commission of India (CCI) has found Max Super Specialty Hospital, Patparganj and Becton Dickson India Pvt Ltd, a manufacturer of disposabl.....

Tags : Competition Commission of India , Max Super Specialty Hospital, Patparganj , Becton Dickson India Pvt Ltd

read»

CCI Approves Reliance Capital-Goldman Sachs Deal(06.01.2016)

Competition Commission of India (CCI) has approved Reliance Capital Asset Management (RCAM) acquisition of Goldman Sachs' onshore asset management bu.....

Tags : Competition Commission of India, Reliance Capital Asset Management

read»

CCI Approves BNP Paribas' Acquisition of Sharekhan(06.01.2016)

Competition Commission of India (CCI) has approved BNP Paribas' proposed acquisition of home-grown brokerage firm Sharekhan in an estimated Rs 2,000-c.....

Tags : Competition Commi, ssion of India , BNP Paribas, Sharekhan

read»

SEBI Bans 27 Entities from Capital Markets(06.01.2016)

Securities and Exchange Board of India (SEBI) has barred 27 entities from the securities market for indulging in fraudulent trading in shares of Gemst.....

Tags : Securities and Exchange Board of India, Gemstone Investments, Spectacle Infotek

read»

CCI Permits Konecranes-Terex Merger(07.01.2016)

Competition Commission of India (CCI) has permitted US cranes and mining equipment maker Terex's merger with Finland-based Konecranes, which will crea.....

Tags : Competition Commission of India , Terex, Konecrane

read»

Delhi HC to TRAI: Have You Considered Objections on Call Drops(08.01.2016)

Delhi High Court has asked Telecom Regulatory Authority of India (TRAI) if it had considered objections raised by cellular service providers to its ne.....

Tags : Delhi High Court, Telecom Regulatory Authority of India

read»

NGT Issues Notice to Chandigarh Administration(08.01.2016)

National Green Tribunal (NGT) has issued a notice to the Chandigarh Administration for January 14 on a petition filed by the Confederation of All Indi.....

Tags : National Green Tribunal, Confederation of All India Traders

read»

CCI Allows General Atlantic Acquisition of 21.61% Stake in IIFL Wealth(08.01.2016)

Competition Commission of India (CCI) has allowed Global private equity firm General Atlantic Singapore Fund acquisition of 21.6% shareholding in IIFL.....

Tags : Competition Commission of India , IIFL Wealth Management

read»

CCI Approves Panasonic-GS Yuasa Acquisition Deal(08.01.2016)

Competition Commission of India (CCI) has approved acquisition of Panasonic's battery business by Japan's GS Yuasa Corp.

Tags : Competition Commission of India , Panasonic, GS Yuasa Corp.

read»

CCI Approves Rs 850-cr Acquisition of GTL's OME Business by E2 Energy Service(08.01.2016)

Competition Commission of India (CCI) has approved Rs 850 crore acquisition of network services firm GTL Ltd's OME business by E2 Energy Service.

Tags : Competition Commission of India, GTL Ltd, E2 Energy Service

read»

RBI Allows IFSCs Bank Branches to Open Foreign Currency Current Accounts(08.01.2016)

Reserve Bank of India (RBI) has permitted bank branches at International Financial Services Centres (IFSCs) to open foreign currency current accounts .....

Tags : Reserve Bank of India , International Financial Services Centres

read»

RBI Allows Banks to Extend Non-Fund Based Credit(08.01.2016)

Reserve Bank of India (RBI) has allowed banks to extend non-fund based credit, not the usual form of normal loans and thereby lifted the old age ban.

Tags : Reserve Bank of India, non-fund based credit

read»

Ministry Of Overseas Indian Affairs To Merge With Ministry of External Affairs(08.01.2016)

Government has announced that Ministry of Overseas Indian Affairs (MOIA) will be merged with Ministry of External Affairs, in keeping with its broad p.....

Tags : Government, Ministry of Overseas Indian Affairs, Ministry of External Affairs

read»

CCI Dismisses Complaints Against Govt's LTC Policy, Air India(11.01.2016)

Competition Commission of India (CCI) has dismissed complaints that Government's Leave Travel Concessions (LTC) policy was resulting in anti-competiti.....

Tags : Competition Commission of India, Leave Travel Concessions policy

read»

CCI Junks Compliant Against GVK Power, 2 Others(11.01.2016)

Competition Commission of India (CCI) has rejected complaints against Bangalore International Airport, GVK Power & Infrastructure and Airports Authori.....

Tags : Competition Commission of India , Bangalore International Airport, GVK Power & Infrastructure and Airports Authority of India

read»

CCI Rejects Allegation of Unfair Trade Practices Against Ansal(11.01.2016)

Competition Commission of India (CCI) has rejected complaint of anti-competitive practices made against Ansal Properties regarding a commercial projec.....

Tags : Competition Commis, sion of India, Ansal Properties

read»

CCI Rejects Complaint of Unfair Trade Practices Against Aura Real Estate and Waghere Promoters(11.01.2016)

Competition Commission of India (CCI) has rejected allegations of abuse of dominant position made against Aura Real Estate and Waghere Promoters relat.....

Tags : Competition Commission of India, Waghere Promoters, Aura Real Estate

read»

Supreme Court Irks Over FCI(11.01.2016)

Supreme Court has irked over Food Corporation of India (FCI), where 370 departmental labourers were paid Rs 4.5 lakh a month, a salary that was much m.....

Tags : Supreme Court , Food Corporation of India

read»

RBI Tightens Provisions for Yet to Fail CDR Accounts(12.01.2016)

Reserve Bank of India (RBI) has asked lenders to increase provisioning for accounts that may not have yet failed Corporate Debt Restructuring (CDR) bu.....

Tags : Reserve Bank of India, Corporate Debt Restructuring

read»

SEBI Raises Norms for MF Investment in Corporate Debt(12.01.2016)

Securities and Exchange Board of India (SEBI) has tightened norms for investment by debt-oriented Mutual Fund (MF) plans and introduced caps on how mu.....

Tags : Securities and Exchange Board of India , Mutual Fund

read»

SEBI Approves Norms to Make “e-Book” Must for Pvt. Placement Debt(12.01.2016)

Securities and Exchange Board of India (SEBI) has approved new norms to make electronic book mandatory for all private placement issues on debt basis,.....

Tags : Securities and Exchange Board of India, electronic book

read»

SEBI Stiffens Operating Conditions for Commodity Exchanges(12.01.2016)

Securities and Exchange Board of India (SEBI) has stiffened operating conditions for commodity exchanges and said, “If there is no trading operation o.....

Tags : Securities and Exchange Board of India , commodity exchanges

read»

CCI Issues Combination Regulations to Streamline Norms for M&A Filings(13.01.2016)

Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2016, has been no.....

Tags : Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2016

read»

CCI Approves Strides Shasun’ Acquisition Plan(13.01.2016)

Competition Commission of India (CCI) has approved Strides Shasun’ plan to acquire Sun Pharmaceutical's two business divisions in India for Rs 165 cro.....

Tags : Competition Commission of India (CCI), Strides Shasun, Sun Pharmaceutical

read»

CCI Dismisses Complaint of Unfair Trade Practices against Omaxe(14.01.2016)

Competition Commission of India (CCI) has dismissed a complaint against real estate developer Omaxe and another entity for indulging in anti-competiti.....

Tags : Competition Commission of India , Omaxe

read»

CCI Nods for Jaypee-Suraksha Group Deal to Sell 5 Wind Projects(14.01.2016)

Competition Commission of India (CCI) has approved proposed acquisition of Jaiprakash Associates' five wind power plants by Suraksha Group entities.

Tags : Competition Commission of India, Jaiprakash Associates, Suraksha Group

read»

RBI Permits Banks to Offer More Services Via Offsite ATMs(15.01.2016)

Reserve Bank of India (RBI) has said that banks are now free to offer all their products and services through the ATM channels provided technology per.....

Tags : Reserve Bank of India, ATM

read»

FSSAI Issues New Rules for Ensuring Quality Imports(15.01.2016)

Food Safety and Standards Authority of India (FSSAI) has issued new rules for importing products, seeking to address concerns over the entry of sub-st.....

Tags : Food Safety and Standards Authority of India ,rules for importing products

read»

RBI: Aadhaar is Not Mandatory for DBT Scheme(15.01.2016)

Reserve Bank of India (RBI) has said in a clarification on Direct Benefit Transfer (DBT) Scheme that use of Aadhaar cards and seeding of bank accounts.....

Tags : Reserve Bank of India, Direct Benefit Transfer, Aadhaar

read»

Punjab and Haryana HC Issues Notice to NHAI and Others(15.01.2016)

Punjab and Haryana HC has issued notices to National Highways Authority of India (NHAI), Central Government and Millennium City Expressways Pvt Ltd on.....

Tags : Punjab and Haryana HC, National Highways Authority of India

read»

CCI Dismisses Complaint Against Maruti Suzuki(18.01.2016)

Competition Commission of India (CCI) has dismissed complaint of anti-competitive practices made against Maruti Suzuki.

Tags : Competition Commission of India, Maruti Suzuki

read»

SEBI Curbs Speculative Trades in Agricultural Commodities(18.01.2016)

Securities and Exchange Board of India (SEBI), in order to curb speculative trades in agricultural commodities, has permitted daily price limit moveme.....

Tags : Securities and Exchange Board of India, Agricultural Commodities

read»

Prime Minister, Shri Narendra Modi Launches Start-Up India Initiative(18.01.2016)

PM, Shri Narendra Modi, has launched Start-up India initiative in New Delhi. Start-ups will be exempted from paying income tax on their profit for the.....

Tags : Start-Up India Initiative

read»

Govt.: MUDRA Not to Regulate Micro Finance Institutions (MFIs)(18.01.2016)

Government has said that Reserve Bank of India would continue to regulate MFIs registered as Non-Banking Finance Companies (NBFCs) with central bank. .....

Tags : Government ,R eserve Bank of India , MFIs, MUDRA

read»

Delhi HC Reserves Order over TRAI Regulation(18.01.2016)

Delhi High Court has reserved its order on a writ petition challenging a new regulation of Telecom Regulatory Authority of India (TRAI), which provide.....

Tags : Delhi High Court, Telecom Regulatory Authority of India (

read»

CCI Approves Strides Shasun’s Acquisition Plan(19.01.2016)

Competition Commission of India (CCI) has approved Strides Shasun’s acquisition of seven brands from consumer healthcare firm Johnson and Johnson.

Tags : Competition Commission of India, Strides Shasun, Johnson and Johnson

read»

India Patent Office Dismisses Compulsory License Application of Lee Pharma(21.01.2016)

Indian Patent Office has dismissed application of Lee Pharma for a compulsory licence to make a copy of AstraZeneca's antidiabetes drug saxagliptin, w.....

Tags : Indian Patent Office , Lee Pharma

read»

Delhi High Court Seeks Govt’s Response on MakeMyTrip’s Plea(21.01.2016)

Delhi HC has sought reply from Government on plea by MakeMyTrip India Pvt. Ltd against arrest of one its senior officials for alleged service tax evas.....

Tags : Delhi HC, MakeMyTrip India Pvt. Ltd

read»

CCI Nods for Investment by FIL Capital(22.01.2016)

Competition Commission of India (CCI) has granted approval to proposed investment by FIL Capital Investments (Mauritius) II Limited in Cipla Health Li.....

Tags : Competition Commission of India, FIL Capital Investments, Cipla Health Limited

read»

RBI Simplifies Gold Monetisation Scheme(22.01.2016)

Reserve Bank of India (RBI) has simplified Gold Monetisation Scheme (GMS) for bulk depositors, in order to help temple boards to do so and also allowe.....

Tags : Reserve Bank of India , Gold Monetisation Scheme

read»

RBI Nods to Hike Service Charge on Deposits by Non-Chest Branches(22.01.2016)

Reserve Bank of India (RBI) has said currency chest holding branches can raise service charges to be levied on cash deposited by non-chest bank branch.....

Tags : Reserve Bank of India, Non-Chest Branches

read»

RBI Asks Banks to Extend loans to Women SHGs at 7 % Rate(22.01.2016)

Reserve Bank of India (RBI) has asked banks to provide loans up to Rs 3 lakh at 7 per cent interest rate to Women Self-Help Group (SHG) under the Nati.....

Tags : Reserve Bank of India, Women Self-Help Group

read»

RBI Operationalise CFR(22.01.2016)

Reserve Bank of India (RBI), in order to minimize frauds, has operationalised a Central Fraud Registry (CFR) with effect from January 20.

Tags : Reserve Bank of India, Central Fraud Registry

read»

Bombay HC Suggests Railway to Set Up Special Team for Accident Victims(27.01.2016)

Bombay High Court has asked Indian Railways to set up special team to attend suburban railway accident victims and provide them with medical assistanc.....

Tags : Bombay High Court, Indian Railways

read»

Delhi HC Asks RBI to Submit its Latest Circular on FDI Policy(27.01.2016)

While hearing a public interest litigation seeking a thorough investigation against all firms that have received FDI, Delhi High Court has sought a re.....

Tags : Delhi High Court, Reserve Bank of India, FDI policy

read»

CCI Dismisses Complaint Against Asian Paints(28.01.2016)

Competition Commission of India (CCI) has rejected a complaint of unfair business practices made against Asian Paints with regard to painting services.....

Tags : Competition Commission of India , Asian Paints

read»

RBI Cancels Rs 9k crore T-bill Auction(28.01.2016)

Reserve Bank of India (RBI) has cancelled a Rs 9,000-crore auction of Government's 91-day Treasury Bills (T-bills) as it was not willing to accede to .....

Tags : Reserve Bank of India, T-bills

read»

Cipla Gets CCI’s Approval to Sell 26% in Consumer Healthcare Business(29.01.2016)

Cipla Health Ltd has received approval from Competition Commission of India (CCI) to sell about 26 per cent stake in its consumer healthcare business.....

Tags : Cipla Health Ltd , Competition Commission of India

read»

Religare Gets CCI’s Approval to Sell 51% in MF Business to Invesco(29.01.2016)

Religare Enterprises has received approval from Competition Commission of India (CCI) to sell a controlling 51 per cent stake in its mutual fund busin.....

Tags : Religare Enterprises, Competition Commission of India

read»

Air Liquide Arm Gets CCI Nod(29.01.2016)

Air Liquide's subsidiary Schulke has received Competition Commission of India (CCI) approval to acquire Healthcare Antisepsis Solutions (HAS) business.....

Tags : Schulke, Competition Commission of India

read»

SEBI Changes Comex Rules(01.02.2016)

Securities and Exchange Board of India (SEBI) has reduced position limits in agri commodities derivatives trading segment which, market players said, .....

Tags : Securities and Exchange Board of India, Comex Rules

read»

CCI Nods for Sun Life’s Acquisition in BSLI(01.02.2016)

Competition Commission of India (CCI) has given approval to Sun Life's acquisition of 23% more stake in Birla Sun Life Insurance (BSLI), a joint ventu.....

Tags : Competition Commission of India, Sun Life, Birla Sun Life Insurance

read»

Madras HC Asks Immigration Department to Issue Passport Without Insisting on Father’s Signature(01.02.2016)

Madras High Court has directed Immigration Department to consider issuing an Overseas Citizen of India (OCI) Passport to an infant in the United Kingd.....

Tags : Madras High Court, Overseas Citizen of India

read»

CCI Approves Marriott-Starwood Deal(02.02.2016)

Competition Commission of India (CCI) has given its approval for acquisition of Starwood Hotels and Resorts by Marriott International.

Tags : Competition Commission of India , Starwood Hotels , Marriott International

read»

RBI Mandates Online Filing of FDI Forms from February 8(02.02.2016)

Reserve Bank of India (RBI) has asked banks to file forms related to Foreign Direct Investment (FDI) only online on the e-Biz portal from February 8.

Tags : Reserve Bank of India , Foreign Direct Investment

read»

RBI Eases FDI Norms to Boost Start-Ups(03.02.2016)

Reserve Bank of India (RBI) has relaxed several rules including Foreign Direct Investment (FDI) norms to boost start-up activity in the country.

Tags : Reserve Bank of India, Foreign Direct Investment , Start-Ups

read»

SC Pulls Up TN Govt. for Ordering GAIL to Change Pipeline Alignment(03.02.2016)

Supreme Court has pulled up Jayalalithaa Government in Tamil Nadu for ordering GAIL India to change alignment of a major gas pipeline to appease agita.....

Tags : Supreme Court , GAIL India

read»

RBI Updates Norms of Fema(05.02.2016)

Reserve Bank of India (RBI), with an aim to promote ease of doing business, has come out with nine updated rules under the Foreign Exchange Management.....

Tags : Reserve Bank of India , oreign Exchange Management Act (Fema), 1999

read»

RBI Announces Rs 10,000 Crore OMO Purchases(05.02.2016)

Reserve Bank of India (RBI) has announced an Open Market Operation (OMO) purchase of government securities worth Rs 10,000 crore on February 8.

Tags : Reserve Bank of India , Open Market Operation

read»

CIC Says Demands of Trade Union Before Employer is Fiduciary Information(09.02.2016)

Central Information Commission (CIC), while rejecting case relating to R K Mishra seeking information from Steel Authority of India in his nine-point .....

Tags : CIC, Steel Authority of India

read»

Tribunal Stays CCI's Ruling Against Alkem Labs(09.02.2016)

Competition Appellate Tribunal has stayed an order by Competition Commission of India's (CCI) imposing a penalty of over Rs 74 crore on Alkem Laborato.....

Tags : Competition Appellate Tribunal , Competition Commission of India

read»

CCI Nods for LafargeHolcim Revised Divestment Plan(10.02.2016)

Competition Commission of India (CCI) has given its nod to the divestment of LafargeHolcim Ltd ‘s interest in Lafarge India Pvt. Ltd.

Tags : Competition Commission of India , LafargeHolcim

read»

CCI Nod for Nippon’s Stake Hike in Reliance Life to 49%(12.02.2016)

Competition Commission of India (CCI) has approved Nippon Life's additional 23 per cent stake purchase plan in Reliance Life Insurance in a deal worth.....

Tags : Competition Commission of India, Nippon Life, Reliance Life Insurance

read»

CCI Approves HealthFore-Oscar Investments Deal(12.02.2016)

Competition Commission of India (CCI) has approved e proposed merger of healthcare IT solutions provider HealthFore Technologies with Oscar Investment.....

Tags : Competition Commission of India , HealthFore Technologies, Oscar Investments

read»

SC Orders IEX to Pay Rs 31 Crore Dividend to FTIL(15.02.2016)

Supreme Court has asked India Energy Exchange to pay Rs 31 crore dividend to Financial Technologies (India) within two weeks.

Tags : Supreme Court, India Energy Exchange

read»

CCI Nods for GSPL’s Stake Hike in Sabarmati Gas(15.02.2016)

Gujarat State Petronet (GSPL) has received approval from Competition Commission of India (CCI) to raise stake in Sabarmati Gas Ltd by 13.71 per cent t.....

Tags : Gujarat State Petronet, Competition Commission of India

read»

Timeframe for implementation of Ind AS for scheduled commercial banks(11.02.2016)

The Reserve Bank of India notified scheduled commercial banks are required to comply with Indian Accounting Standards (Ind AS) for accounting periods .....

Tags : Indian accounting standards, commercial banks, implementation

read»

Blast from the Past

Taking the discrimination out with the guesswork(28.08.1981)

Courts nowadays usually work off a simple formula when faced with differing terms and conditions for appointment and retirement of men and women for t.....

Tags : Air india, gender discrimination, retirement, air hostess

read»

CCI Dismisses Complaints Against Ola, Uber(16.02.2016)

Competition Commission of India (CCI) has dismissed allegations of unfair business ways against taxi hailing apps Ola and Uber after finding no eviden.....

Tags : Competition Commission of India , Ola and Uber

read»

SEBI Tweaks OFS Norms(16.02.2016)

Securities and Exchange Board of India (SEBI) has agreed to Govt.’s suggestion for cutting advance notice period for OFS (Offer For Sale) to one day a.....

Tags : Securities and Exchange Board of India, OFS Norms

read»

SC to RBI: Disclose Names of India's Biggest Loan Defaulters(17.02.2016)

SC has sought list of companies from Reserve Bank of India (RBI) who have defaulted in paying back loan to PSU banks and have contributed to massive l.....

Tags : SC, Reserve Bank of India

read»

CCI Nods for JVs to Set Up LNG Terminal in AP(17.02.2016)

Competition Commission of India (CCI) has approved two Joint Ventures (JVs) involving GAIL India and Andhra Pradesh Gas Distribution Corporation for .....

Tags : Competition Commission of India , Joint Ventures , LNG Terminal

read»

Indian Patent Office Refuses to Grant Patent to Google for ‘Invention’ on Obsolete Data(18.02.2016)

The Indian Patent Office has refused to grant a patent to Google for its claimed invention relating to a system for efficiently identifying and removi.....

Tags : Indian Patent Office , Google

read»

SEBI Bars 22 Entities for Tax Evasion via Bourses(18.02.2016)

Securities and Exchange Board of India (SEBI) has barred 22 entities from the market for their role in using stock options to generate artificial capi.....

Tags : Securities and Exchange Board of India, Tax Evasion

read»

CCI Directs Investigation against Monsanto on Govt. Complaint(18.02.2016)

Competition Commission of India (CCI) has ordered a detailed inquiry against Monsanto as it found it to be violating competition law in the market of .....

Tags : Competition Commission of India , Monsanto

read»

RBI Revises Norms for NBFC Factor Firms(19.02.2016)

Reserve Bank of India (RBI) has came out with clarifications for NBFC factor companies to remove any possible regulatory arbitrage with banks that pro.....

Tags : Reserve Bank of India , NBFC factor companies

read»

Pfizer Books Patent for Cholesterol Lowering Formulation(19.02.2016)

Indian Patent Office has granted Pfizer Inc patent for drug that addresses issues related to cholesterol and related disorders, including cardiovascu.....

Tags : Indian Patent Office, Pfizer Inc

read»

CCI Junks Air India's Complaint Against IndiGo(22.02.2016)

Competition Commission of India (CCI) has rejected Air India's allegation of predatory recruitment ways made against no-frills carrier IndiGo's parent.....

Tags : Competition Commission of India , Air India

read»

CCI Nods for Reliance Communications-Sistema Shyam Merger(22.02.2016)

Competition Commission of India (CCI) has approved proposed merger of Sistema Shyam Ltd's operations into Reliance Communications, paving way for the .....

Tags : Competition Commission of India, Sistema Shyam Ltd, Reliance Communications

read»

COMPAT Stays CCI's Rs 151-Crore Penalty on Jet Airways(23.02.2016)

Competition Appellate Tribunal (COMPAT) has stayed Competition Commission of India (CCI) ‘s penalty of Rs 151.69 crore imposed on Jet Airways for alle.....

Tags : Competition Appellate Tribunal , Competition Commission of India , Jet Airways

read»

CCI Permits Virtusa to Acquire 53% Stake in Polaris(24.02.2016)

Virtusa Corp has received Competition Commission of India (CCI)’s nod to acquire 53 per cent stake in Polaris Consulting & Services for about Rs 1,173.....

Tags : Virtusa Corp, Competition Commission of India

read»

RBI Revises SDR Norms(26.02.2016)

Reserve Bank of India (RBI) has asked banks going in for Strategic Debt Restructuring (SDR) scheme to make sufficient provisions to the tune of 15 per.....

Tags : Reserve Bank of India , Strategic Debt Restructuring

read»

Google Books India Patent for Method to Determine Ad-Spot Value(26.02.2016)

Google Inc has secured an Indian patent for an invention regarding a method that could help online advertisers with different value propositions in fi.....

Tags : Google Inc, Indian patent

read»

SEBI Relaxes Mutual Fund Norms on Unclaimed Investor Money(26.02.2016)

Securities and Exchange Board of India (SEBI) has relaxed mutual fund norms to allow Asset Management Companies (AMCs) to invest unclaimed redemption .....

Tags : Securities and Exchange Board of India, Unclaimed Investor Money

read»

SC: Conducting AIBE is Violation of the Fundamental Right?(02.03.2016)

Supreme Court has questioned whether conducting All India Bar Examination (AIBE) was a violation of the fundamental right to practice a profession, le.....

Tags : Supreme Court, All India Bar Examination

read»

Delhi HC Slams Delhi Government on MakeMyTrip Service Tax Default Case(04.03.2016)

Delhi HC, while hearing plea by online travel company MakeMyTrip India Pvt. Ltd against arrest of one its senior officials for alleged service tax eva.....

Tags : Delhi HC, MakeMyTrip India Pvt. Ltd

read»

RBI Issues Draft Norms for Account Aggregators(04.03.2016)

Reserve Bank of India (RBI) has issued draft guidelines for setting up of Non-Banking Finance Companies (NBFC) that would act as account aggregators a.....

Tags : Reserve Bank of India , Non-Banking Finance Companies

read»

Govt. Relaxes CCI Financial Threshold Limits(08.03.2016)

Government, with a view to improve ease of doing business, has raised financial threshold limit for companies seeking nod from Competition Commission .....

Tags : Government, ompetition Commission of India

read»

Companies Now to Pay Service Tax on Services Availed from Govt. from Next Fiscal Year(09.03.2016)

Govt. has notified provision making Indian companies to pay service tax on any service they avail from Government or local authority from the next fis.....

Tags : Govt., Indian companies , service tax

read»

Parliament Clears Bureau of Indian Standards Bill 2015(09.03.2016)

Parliament has passed the Bureau of Indian Standards Bill 2015 with the Rajya Sabha approving it.

Tags : Parliament, Bureau of Indian Standards Bill 2015

read»

SEBI Decides to Restrain Wilful Defaulters(14.03.2016)

Securities and Exchange Board of India (SEBI) has decided to restrain ‘wilful defaulters’ from accessing capital markets for raising funds from the pu.....

Tags : Securities and Exchange Board of India, Wilful Defaulters

read»

RBI to Banks: Pay Interest on Savings Account Every Quarter(16.03.2016)

Reserve Bank of India (RBI) has asked banks to pay interest on their customers’ savings accounts on a quarterly basis or shorter duration.

Tags : Reserve Bank of India, savings accounts

read»

SEBI Allows FPIs to Invest in REITs, AIFs and Bonds under Default(16.03.2016)

Securities and Exchange Board of India (SEBI) has allowed Foreign Portfolio Investors or FPIs to invest in units of Real Estate Investment Trusts (REI.....

Tags : Securities and Exchange Board of India, REITs, AIFs

read»

CCI Orders Inquiry Against AFI(17.03.2016)

Competition Commission of India (CCI) has ordered inquiry against Athletics Federation of India (AFI), the apex body for athletics in India, for an al.....

Tags : Competition Commission of India, Athletics Federation of India

read»

CCI Dismisses Complaint Against 6 Individuals in Land Sale Case(18.03.2016)

Competition Commission of India (CCI) has rejected a complaint against six individuals pertaining to sale of land plots in Dehradun, saying it is a di.....

Tags : Competition Commission of India , Land Sale Case

read»

RBI Issues Norms for PDs in Exchange-Traded Currency Futures(18.03.2016)

Reserve Bank of India (RBI) has issued guidelines permitting standalone Primary Dealers (PDs) to participate in exchange-traded currency futures on ap.....

Tags : Reserve Bank of India , Primary Dealers, Currency Futures

read»

RBI Revises Rules for Resolution of Stressed MSME Loans(18.03.2016)

Reserve Bank of India (RBI) has revised rules pertaining to revival of advances to small businesses and asked lenders to form district-level committee.....

Tags : Reserve Bank of India , MSME

read»

RBI Permits Banks to Adjust Excess Pension(18.03.2016)

Reserve Bank of India (RBI) has allowed banks to adjust excess or wrongful payments to pensioners with their accounts. In case the entire amount could.....

Tags : Reserve Bank of India , Pension

read»

RBI Relaxes Reporting Requirement of NEFT Transactions(18.03.2016)

Reserve Bank of India (RBI) has said it is discontinuing provision where banks had to submit data pertaining to NEFT (National Electronic Fund Transfe.....

Tags : Reserve Bank of India, NEFT Transactions

read»

CCI to PVR: Sell Some Assets for Acquiring DT Cinemas(22.03.2016)

Competition Commission of India (CCI) has asked PVR Cinemas to first divest some of its assets if it wants to acquire DT Cinemas, which is real estate.....

Tags : Competition Commission of India, PVR

read»

Punjab Assembly Passes Indian Penal Code (Punjab Amendment) Bill, 2016(23.03.2016)

Punjab Assembly has passed Indian Penal Code (Punjab Amendment) Bill, 2016 that seeks life imprisonment for sacrilege of the Guru Granth Sahib.

Tags : Punjab Assembly, Indian Penal Code (Punjab Amendment) Bill, 2016

read»

RBI Eases LCR Norm(25.03.2016)

Reserve Bank of India (RBI) has given bankers more flexibility in maintenance of Liquidity Coverage Ratio (LCR) under Basel III by tweaking certain no.....

Tags : Reserve Bank of India, Liquidity Coverage Ratio

read»

Madras High Court: Beef Eating is not an Offence under Indian Penal Code(28.03.2016)

Madras High Court while ruling that beef eating is not an offence under the Indian Penal Code has said that there is no restriction on the eating habi.....

Tags : Madras High Court, Indian Penal Code, Beef Eating

read»

RBI: Fixed Rate Loans up to 3 Years to be Based on Marginal Cost(30.03.2016)

Reserve Bank of India (RBI) has asked banks to price fixed rate loans of up to three years based on their marginal cost of fund from April 1.

Tags : Reserve Bank of India, Fixed Rate Loans

read»

RBI Increases Investment Limit of FPIs(30.03.2016)

Reserve Bank of India (RBI) has increased investment limit of Foreign Portfolio Investors (FPIs) in central government bonds to Rs 2 lakh crore, from .....

Tags : Reserve Bank of India, Foreign Portfolio Investors

read»

RBI Extends E-Payment Deadline and Banking Hours(30.03.2016)

Reserve Bank of India (RBI) has issued instructions wherein it has been decided that all agency banks shall keep counters of their designated branches.....

Tags : Reserve Bank of India, E-Payment

read»

RBI Relaxes ECB Norms for Infrastructure Sector(31.03.2016)

Reserve Bank of India (RBI) has allowed all companies engaged in infrastructure sector to raise external commercial borrowings with a minimum maturity.....

Tags : Reserve Bank of India, ECB Norms

read»

SC: Provide Security to Expedite Work on Peripheral E-Ways(01.04.2016)

Supreme Court, while providing big relief to National Highways Authority of India (NHAI) to expedite construction of two peripheral expressways around.....

Tags : Supreme Court, National Highways Authority of India

read»

Delhi HC: CCI Can Entertain Patent Rights Abuse Complaints(04.04.2016)

Delhi HC has said that Competition Commission of India (CCI) can entertain complaints regarding abuse of dominance of patent rights as there is no "ir.....

Tags : Delhi HC , Competition Commission of India

read»

RBI Releases First Bi-monthly Monetary Policy Statement, 2016-17(05.04.2016)

Reserve Bank of India (RBI) has released First Bi-monthly Monetary Policy Statement, 2016-17, lowered key interest rates by 25 basis points to 6.5 per.....

Tags : Reserve Bank of India , First Bi-monthly Monetary Policy Statement, 2016-17

read»

CCI Gives a Go Ahead to Goldman Sachs-Amber Enterprises Deal(06.04.2016)

Competition Commission of India (CCI) has approved Goldman Sachs' stake purchase in Amber Enterprises India.

Tags : Competition Commission of India, Goldman Sachs

read»

RBI Issues Guidelines on PSLCs(08.04.2016)

Reserve Bank of India (RBI), has released guidelines for Priority Sector Lending Certificates (PSLCs), where banks can buy and sell instruments to man.....

Tags : Reserve Bank of India, Priority Sector Lending Certificates

read»

CCI Nods for Nomura's 35% Stake Sale in LIC Nomura Mutual Fund(08.04.2016)

Competition Commission of India (CCI) has permitted Japanese financial services major Nomura’s 35 per cent stake sale in the mutual fund business join.....

Tags : Competition Commission of India, Nomura

read»

Delhi HC Asks Replies from Regulators over Warrant Issue(08.04.2016)

Delhi High Court has asked Bombay Stock Exchange (BSE) and Securities and Exchange Board of India (SEBI) on what decision they have taken with regard .....

Tags : Delhi High Court, Bombay Stock Exchange, Securities and Exchange Board of India

read»

SC Cancels Case Against Thiess India, Ex-Chief Executive(11.04.2016)

Supreme Court has quashed all criminal proceedings initiated against Thiess India and its Ex-Chief Executive, Raman Srikanth, in Hyderabad, in an orde.....

Tags : Supreme Court, Thiess India,Raman Srikanth

read»

SC Pulls Up Air India over Lack of Air Connectivity to Shimla, Northeast(13.04.2016)

SC, while taking strong note of lack of air connectivity to places in the North East and Shimla, has rapped Government and Air India for “promoting in.....

Tags : SC, Air India

read»

CIC Slams BCI for Not Following Mandatory RTI Clause(18.04.2016)

Central Information Commission (CIC) has slammed Bar Council of India (BCI) for not following mandatory proactive disclosure clause of the Right to In.....

Tags : Central Information Commission , Bar Council of India

read»

Zee Turner saved from service tax liability(01.04.2016)

The Customs Excise and Service Tax Appellate Tribunal saved Zee Turner from service tax levies after accepting submissions that it was merely acting a.....

Tags : Service tax, foreign broadcaster, indian agent

read»

SC Quashes Madras HC Order Allowing Partial FTIL Asset Transfer(18.04.2016)

Supreme Court has set aside a Madras HC order which partially suspended a stay on Financial Technologies (India) Ltd (FTIL) to sell its assets.

Tags : Supreme Court, Financial Technologies (India) Ltd (FTIL)

read»

RBI Amends Norms on Bank Frauds(19.04.2016)

Reserve Bank of India (RBI), while amending disclosure norms, has asked banks to disclose fraud cases and make provisions for them not exceeding four .....

Tags : Reserve Bank of India, Bank Frauds

read»

CIC Prevents Indian Seed Companies’ (Using Monsanto Technology) Obligatory Destruction of Seeds(20.04.2016)

Competition Commission of India (CCI) has said in interim order that Indian seed companies that use global agriculture firm Monsanto's technology will.....

Tags : Competition Commission of India , Monsanto's technology

read»

Delhi HC Seeks Centre's Response over RBI's Circular on E-Retail(22.04.2016)

Dellhi HC has sought Centre's response on petition challenging a circular by Reserve Bank of India (RBI), as per which retail trading in any form thro.....

Tags : Dellhi HC , Reserve Bank of India

read»

SEBI Makes E-Book Must for Pvt. Placement Debt Issues(22.04.2016)

Securities and Exchange Board of India (SEBI) has made electronic book mandatory for all private placement issues on debt basis for more than Rs 500 c.....

Tags : Securities and Exchange Board of India , E-Book

read»

India’s love affair with speed mountains(01.01.1988)

Creaking springs, broken track rods, bent camber and toe fittings and your ruined back. Indian ‘speed mountains’ - officially called speed breakers - .....

Tags : indian roads congress, speed breakers

read»

SC: Common All-India Medical Entrance Test to be Held This Year(28.04.2016)

SC has said that a common all-India medical entrance test will be held this year for admissions to MBBS and BDS courses.

Tags : SC, common all-India medical entrance test

read»

Top Story

Patent application pendency numbers(25.04.2016)

Patent Offices in four Indian metros released numbers on application pendency in the country. Awaiting examination and disposal are a total of 2,37,67.....

Tags : Patents, application pendency, india

read»

CCI Dismisses Allegations Against Real Estate Websites(05.05.2016)

Competition Commission of India (CCI) has dismissed allegations that five real estate websites, including Housing.com and Magicbricks.com, abused thei.....

Tags : Competition Commission of India , Real Estate Websites

read»

CCI Rejects Complaint against Case New Holland(06.05.2016)

Competition Commission of India (CCI) has rejected a complaint alleging that Case New Holland Construction Equipment (India) Ltd indulged in anti-comp.....

Tags : Competition Commission of India, New Holland Construction Equipment (India) Ltd

read»

RBI Relaxes Deposit Norms for Foreign Missions, Diplomats(06.05.2016)

Reserve Bank of India (RBI) has repealed and superseded regulations under the Foreign Exchange Management (Deposit) Regulations, 2000, in consultation.....

Tags : Reserve Bank of India , Foreign Exchange Management (Deposit) Regulations, 2000,

read»

CCI Permits PVR-DT Cinemas Deal(06.05.2016)

Competition Commission of India (CCI) has approved multiplex chain PVR's proposed acquisition of DT Cinemas from DLF while directing the companies to .....

Tags : Competition Commission of India , PVR , DT Cinemas

read»

CCI Rejects Complaint against Realty Firm Ambika Trading & Construction(09.05.2016)

Competition Commission of India (CCI) has rejected allegations that Ambika Trading & Construction indulged in anti-competitive practices with regard t.....

Tags : Competition Commission of India, Ambika Trading & Construction

read»

SEBI Issues Listing Guidelines for InvITs(12.05.2016)

Securities and Exchange Board of India (SEBI) has issued listing guidelines for Infrastructure Investment Trusts (InvITs).

Tags : Securities and Exchange Board of India, InvITs

read»

RBI Issues Shareholding Norms for Private Sector Banks(13.05.2016)

Reserve Bank of India (RBI) has issued new guidelines on ownership in private sector banks by bundling shareholding patterns into two broad categories.....

Tags : Reserve Bank of India, Private Sector Banks

read»

RBI Issues Guidelines for Voluntary Surrender of Licence by PSOs(13.05.2016)

Reserve Bank of India (RBI) has issued guidelines for voluntary surrender of licence by Payment System Operators (PSOs) under Payment & Settlements Sy.....

Tags : Reserve Bank of India , PSOs

read»

CIC to Green Ministry: Make Coastal Area Expert Panel Report Public(17.05.2016)

Central Information Commission (CIC) has asked Environment Minister Prakash Javadekar’s office to submit the response and to make action taken on expe.....

Tags : Central Information Commission , Environment Minister , India’s coastal areas

read»

RBI’s Nod to FPIs to Invest in Unlisted Debt Securities(17.05.2016)

Reserve Bank of India (RBI) has allowed Foreign Portfolio Investors (FPIs) to invest in unlisted debt securities as well as in securitised debt instru.....

Tags : Reserve Bank of India , Foreign Portfolio Investors

read»

Delhi HC Refuses to Intervene with WFI’s Decision on the 74kg Rio Olympics Berth(17.05.2016)

Delhi HC, while hearing plea filed by Indian Wrestler Sushil Kumar regarding the 74kg Rio Olympics berth, has refused to intervene in the matter and a.....

Tags : Delhi HC, Wrestling Federation of India, Sushil Kumar

read»

COMPAT Stays Rs 1,773-cr Penalty on Coal India, Imposed by CCI(18.05.2016)

Competition Appellate Tribunal (COMPAT) has set aside Rs 1,773-crore penalty imposed on Coal India by the Competition Commission of India (CCI). It al.....

Tags : Competition Appellate Tribunal, Competition Commission of India

read»

CCI Approves Acquisition of 2 HUL Rice Brands(18.05.2016)

Competition Commission of India (CCI) has approved acquisition of two rice brands of Hindustan Unilever by LT foods, the owners of Daawar brand.

Tags : Competition Commission of India, HUL Rice Brands

read»

CCI Rejects Allegations of Anti-Competitive Practices against REC Power Distribution Company(20.05.2016)

Competition Commission India (CCI) has rejected allegations of anti-competitive practices against REC Power Distribution Company even as it said that .....

Tags : Competition Commission India, REC

read»

RBI Eases Norms on FDI in CICs(20.05.2016)

Reserve Bank of India (RBI) has eased norms around Foreign Direct Investment (FDI) in credit information companies (CICs) in India.

Tags : Reserve Bank of India, FDI

read»

SEBI Tightens P-Note Norms(20.05.2016)

Securities and Exchange Board of India (SEBI) has tightened rules on issue of Participatory Notes (P-Notes) to bring in more transparency and curb mis.....

Tags : Securities and Exchange Board of India , P-Notes

read»

Submission of statement in XBRL(19.05.2016)

The Reserve Bank of India advised Indian Agents (Authorised Dealer Category – I banks) under the Money Transfer Service Scheme to report MTSS transact.....

Tags : Xbrl, money transfer service, 2016, indian agent

read»

NGT Slams NHAI over Chopping of Trees for Road Widening(24.05.2016)

National Green Tribunal (NGT) has slammed the National Highways Authority of India (NHAI) for reckless chopping of trees in the name of development of.....

Tags : National Green Tribunal, National Highways Authority of India

read»

RBI: SDR Norms Applicable to NBFCs Too(27.05.2016)

Reserve Bank of India (RBI) has said that modifications made to Strategic Debt Restructuring (SDR) mechanism by RBI in February this year will now be .....

Tags : Reserve Bank of India, NBFCs, SDR

read»

Yahoo Books Indian Patent for Invention to Classify Image(27.05.2016)

Yahoo has secured an Indian patent for an invention regarding a method for processing image data for the purpose of classifying the images into either.....

Tags : Yahoo , Indian patent , method for processing image data

read»

SEBI’s Directions to Listed Firms on Audit Qualifications(30.05.2016)

Securities and Exchange Board of India (SEBI) has asked all listed companies to disseminate the cumulative impact of all audit qualifications in a sep.....

Tags : Securities and Exchange Board of India, Listed Firms

read»

Six institutions incorporated as IITs(25.05.2016)

The Union Cabinet granted retrospective approval to amendment of the Institutes of Technology Act 1961 for the incorporation of six new Indian Institu.....

Tags : indian institution of technology, incorporation, 2016

read»

SEBI Notifies Winding Down Policy for Depositories(31.05.2016)

Securities and Exchange Board of India (SEBI) has notified new framework for orderly winding down of depositories in the events like a depository goin.....

Tags : Securities and Exchange Board of India, Depositories

read»

SEBI Appointment: Delhi HC asks Economic Affairs Secretary to Reply to Contempt Plea(07.06.2016)

Delhi High Court has directed the economic affairs secretary to reply to a contempt plea for not complying with a court order related to the re-appoin.....

Tags : Delhi High Court, economic affairs secretary, Securities and Exchange Board of India ( SEBI )

read»

Indian Patent Office Issues Guidelines for Startups(13.06.2016)

Indian Patent Office has issued guidelines for facilitators and startups with respect to filling and processing of applications for patent, designs an.....

Tags : Indian Patent Office, Startups

read»

SEBI Tightens Norms on P-Notes, Effective July 1(13.06.2016)

Securities and Exchange Board of India (SEBI) has tightened its Know-Your-Client (KYC) and disclosure rules on issue of Participatory Notes (P-notes),.....

Tags : Securities and Exchange Board of India , P-Notes

read»

RBI Relaxes Stressed Asset Restructuring Rules for Banks(14.06.2016)

Reserve Bank of India (RBI) has relaxed guidelines for restructuring of large stressed assets by lenders in a move that would allow the banks to more .....

Tags : Reserve Bank of India , Asset Restructuring Rules

read»

CCI Dismisses Complaint against Digital Cinema Initiatives(20.06.2016)

Competition Commission India (CCI) has dismissed K Sera Sera Digital Cinema's allegations of unfair business practices made against US-based Digital C.....

Tags : Competition Commission India, Digital Cinema Initiatives

read»

CCI Rejects Allegations against Nissan Motor(20.06.2016)

Competition Commission India (CCI) has rejected allegations that Nissan Motor abused its dominant position in terms of after-sales service.

Tags : Competition Commission India, Nissan Motor

read»

CCI Junks Complaint against Vodafone India(20.06.2016)

Competition Commission India (CCI) has dismissed allegations that Vodafone India abused its dominant position by imposing discriminatory charges for i.....

Tags : Competition Commission India, Vodafone India

read»

Decathlon Books Patent for Invention Related to Bicycle(20.06.2016)

Decathlon has booked Indian patent for its invention related to a bicycle with rear suspension which makes riding of the bicycle better experience in .....

Tags : Decathlon, Indian patent

read»

CCI Clears Blackstone-Mphasis Deal(21.06.2016)

Competition Commission of India (CCI) has cleared private equity major Blackstone's multi-billion dollar deal to buy over 50 per cent stake in Mphasis.....

Tags : Competition Commission of India , Blackstone, Mphasis

read»

Calcutta HC Scraps Management Fetters on IndianOil Officers(22.06.2016)

Calcutta HC has put an end to agreement signed by management of State-run refiner IndianOil with its officers' association to put fetters on executive.....

Tags : Calcutta HC , IndianOil

read»

Income-Tax Tribunal: Gains from Penny Stocks Not Bogus(22.06.2016)

Income-Tax Tribunal has ruled that gains from penny stocks cannot be termed as bogus just because the Securities and Exchange Board of India is inquir.....

Tags : Income-Tax Tribunal , Securities and Exchange Board of India , Penny Stocks

read»

SEBI Relaxes Currency Derivatives Rules(23.06.2016)

Securities and Exchange Board of India (SEBI) has relaxed currency derivatives rules, allowing participants to continue to hold on to their open posit.....

Tags : Securities and Exchange Board of India, Currency Derivatives Rules

read»

RBI Permits Start-Ups to Open Currency Account Abroad(24.06.2016)

Reserve Bank of India (RBI) has allowed startups with an overseas subsidiary to open foreign currency accounts abroad to credit foreign exchange earni.....

Tags : Reserve Bank of India, startups

read»

AIFIs to submit balance sheets, consolidated prudential reports(23.06.2016)

RBI introduced the Reserve Bank of India (Financial Statements of All India Financial Institutions - Presentation, Disclosure and Reporting) Direction.....

Tags : all india financial institutions, disclosure, balance sheet, yearly

read»

CCI Dismisses Complaint against KAMP Developers(28.06.2016)

Competition Commission of India (CCI) has dismissed allegations of unfair business practices made against KAMP Developers with respect to residential .....

Tags : Competition Commission of India , KAMP Developers

read»

SEBI Eases Norms for Foreign Portfolio Investors(30.06.2016)

Securities and Exchange Board of India (SEBI) has allowed Foreign Portfolio Investors who had issued participatory notes under the erstwhile regulatio.....

Tags : Securities and Exchange Board of India , Foreign Portfolio Investors

read»

CCI Junks Complaint Against Kanoria Chemicals(01.07.2016)

Competition Commission of India (CCI) has junked allegations that Kanoria Chemicals & Industries abused its dominant position by imposing unfair price.....

Tags : Competition Commission of India , Kanoria Chemicals

read»

RBI Relaxes Rules for ECBs(01.07.2016)

Reserve Bank of India (RBI) has said eased rules for External Commercial Borrowings (ECBs) and said that Indian companies will need to submit for appr.....

Tags : Reserve Bank of India, ECBs

read»

SC Seeks Response from AWBI on Plea to Stop Cruelty to Animals(01.07.2016)

Supreme Court has sought response of Animal Welfare Board of India (AWBI) on a petition against rising instances of “barbaric cruelty” to animals and .....

Tags : Supreme Court , Animal Welfare Board of India

read»

System for reporting banks’ associations discontinued(30.06.2016)

The Reserve Bank of India discontinued the Quarterly Reporting System - foreign branches/subsidiaries/joint ventures/associates of Indian Banks , with.....

Tags : quarterly reporting system, foreign branches, associations, indian banks

read»

Supreme Court: 3 Percent Quota in Promotion for Disabled Must in All Posts(04.07.2016)

Supreme Court while quashing the central government’s earlier orders on restricting reservation for the differently-abled in promotion to Group A and .....

Tags : Supreme Court, Government of India

read»

CCI lets Wiley India off the hook(28.06.2016)

The Competition Commission of India dismissed a complaint against pre-eminent publisher of scientific, technical and medical journals, Wiley India, fo.....

Tags : wiley india, journal, distribution, authorised agent, resale price maintenance

read»

NGT: Environmental Clearance Must for Railway Projects(07.07.2016)

National Green Tribunal (NGT) has made it mandatory to obtain environmental clearances for Indian Railway projects before any work begins on the groun.....

Tags : National Green Tribunal , Indian Railway

read»

RBI Notifies Rates for Small Saving Schemes for Q2(08.07.2016)

Reserve Bank of India (RBI) has notified the interest rates for different small savings schemes for the quarter ending September. The interest rates h.....

Tags : Reserve Bank of India, RBI, small savings schemes

read»

RBI Sets Rupee Reference Rate against US Dollar and Euro(08.07.2016)

Reserve Bank of India (RBI) has fixed reference rate of the rupee at 67.4972 against the US dollar and 74.8274 for the euro.

Tags : Reserve Bank of India, RBI, reference rate

read»

Guidelines for Implementation of Shipbuilding Financial Assistance Policy(05.07.2016)

The Ministry of Shipping approved guidelines for implementing the Shipbuilding Financial Assis.....

Tags : india, shipbuilding, financial assistance

read»

INR spend limit at duty free shops raised(06.07.2016)

The Ministry of Finance raised the ceiling for payments at duty free shops at international airports from Rs. 5000 to Rs. 25,000.

In 2005,.....

Tags : duty free shops, payments, indian rupee

read»

Delhi HC Issues Restraining Orders on Bank Strike(12.07.2016)

Delhi HC has issued interim orders restraining staff and officers associations from going on strike against proposed merger of associate banks with St.....

Tags : Delhi HC, State Bank of India

read»

SEBI Notifies Tight Transfer Norms for P-Notes(14.07.2016)

Securities and Exchange Board of India (SEBI) has notified new norms restricting transfer of Participatory Notes (P-Notes), offshore instruments only .....

Tags : Securities and Exchange Board of India , P-Notes

read»

CCI Junks Complaint against Coal India, CIMFR(15.07.2016)

Competition Commission of India (CCI) has rejected allegations of unfair business ways against Coal India and CIMFR pertaining to a global tender for .....

Tags : Competition Commission of India , Coal India , CIMFR

read»

Coal India free to exercise ‘consumer choice’ in tender(14.07.2016)

The Competition Commission of India dismissed a complaint alleging abuse of market position against Coal India Limited, holding that Coal India had ‘c.....

Tags : coal india, tender, scientific, samples, consumer, freedom to choose

read»

Lok Sabha Passes Bills to Replace NEET Ordinances(20.07.2016)

Lok Sabha has passed The Indian Medical Council (Amendment) Bill and The Dentists (Amendment) Bill, which seek to amend The Indian Medical Council Act.....

Tags : Lok Sabha, The Indian Medical Council (Amendment) Bill, The Dentists (Amendment) Bill

read»

CCI begins nosing around fishy Uttarakhand alcohol wholesaling(19.07.2016)

The Competition Commission of India ordered an investigation into claims that the State-owned wholesalers in Uttarakhand are indulging in one-sided a.....

Tags : wholesale, india made foreign liquor, uttarakhand, discrimination

read»

LS passes common medical and dental entrance examination Bills(19.07.2016)

The Lok Sabha passed the Dentists (Amendment) Bill 2016 .....

Tags : neet, dental, indian medical council

read»

CCI Endorses NCPCR Guidelines in Schools(25.07.2016)

Central Information of India (CCI) has endorsed guidelines laid down by National Commission for Protection of Child Rights (NCPCR), for Eliminating Co.....

Tags : Central Information of India, NCPCR

read»

RBI Imposes Penalty on 3 Banks in Forex Scam(26.07.2016)

Reserve Bank of India (RBI) has imposed penalties of Rs.5 crore on Bank of Baroda, Rs.3 crore on Punjab National Bank and Rs.2 crore on HDFC Bank, in .....

Tags : Reserve Bank of India, Forex Scam

read»

Gujarat HC Dismisses PIL against Sudhir Mankad’s Appointment to RBI(26.07.2016)

Gujarat HC has junked PIL challenging appointment of ex-Chairman of Gujarat International Finance Tec-City (GIFT-City) Sudhir Mankad as a Non-Officiat.....

Tags : Gujarat HC, Sudhir Mankad , Reserve bank of India

read»

Bombay HC Issues Contempt Notice to RBI Regional Director(27.07.2016)

Bombay HC has issued contempt notice to Reserve Bank of India's (RBI) Regional Director in a contempt plea filed by Akhil Bharatiya Adivasi Karmachari.....

Tags : Bombay HC , Akhil Bharatiya Adivasi Karmachari Sanghatna, Reserve Bank of India

read»

Bombay HC Denies Relief to FTIL(28.07.2016)

Bombay HC has yet again refused to grant any relief to Financial Technologies (India) Ltd (FTIL) seeking to operate bank accounts for day to day expen.....

Tags : Bombay HC, Financial Technologies (India) Ltd

read»

RBI Imposes Rs 27-Crore Penalty on 13 Banks for FEMA Violations(28.07.2016)

Reserve Bank of India (RBI) has penalized 13 banks and slapped a fine of Rs 27 crore for violation of Foreign Exchange Management Act (FEMA) provision.....

Tags : Reserve Bank of India , FEMA, banks

read»

CCI Junks Complaint against E-Retailers(29.07.2016)

Competition Commission of India (CCI) has junked complaint alleging unfair trade practices by 23 online retailers and sellers on e-commerce websites.

Tags : Competition Commission of India , E-Retailers

read»

RBI: Retail Investors can Access G-Sec Market(29.07.2016)

Reserve Bank of India (RBI) has said that retail investors can access Government Securities (G-Sec) market, in a seamless manner from August 16.

Tags : Reserve Bank of India, G-Sec, retail investors

read»

Delhi HC Grants Relief to Ex-CJI's Sons in Property Case(29.07.2016)

Delhi HC has granted relief to businessmen sons of Ex-Chief Justice of India Y K Sabharwal and upheld legality of their purchase of a Sikandra Road pr.....

Tags : Delhi HC , Ex-Chief Justice of India Y K Sabharwal , Property Case

read»

CCI Slaps Rs 73-crore Fine on Lupin for Anti-Competitive Practices(02.08.2016)

Competition Commission of India (CCI) has imposed a fine of Rs 73 crore on Lupin for 'co-operating' with Karnataka Chemists and Druggist Association (.....

Tags : Competition Commission of India , Karnataka Chemists and Druggist Association, Lupin

read»

Rajya Sabha Passes Indian Medical Council (Amendment) Bill and Dentist (Amendment) Bill(02.08.2016)

Rajya Sabha has passed the Indian Medical Council (Amendment) Bill, 2016, and the Dentist (Amendment) Bill, 2016, seeking to amend the Indian Medical .....

Tags : Rajya Sabha , the Indian Medical Council (Amendment) Bill, 2016,, the Dentist (Amendment) Bill, 2016

read»

RBI Launches Website “Sachet” to Tackle Fraud(05.08.2016)

Reserve Bank of India (RBI) has launched a website named “Sachet” from which anyone can obtain information regarding entities that are allowed to acce.....

Tags : Reserve Bank of India , Sachet

read»

RBI Relaxes Norms in Cheque Dishonour Cases(05.08.2016)

Reserve Bank of India (RBI) has relaxed norms in cheque dishonour cases of Rs 1 crore and above.

Tags : Reserve Bank of India , Cheque Dishonour Cases

read»

Delhi HC Denies to Lift Ban on BBC Documentary ‘India’s Daughter’(08.08.2016)

Delhi HC has refused to interfere with ban on BBC documentary India’s Daughter on the December 16 gangrape case, saying the issue of its telecast was .....

Tags : Delhi HC, BBC Documentary, ‘India’s Daughter’

read»

CCI Junks Complaint against Parsvnath Developers(09.08.2016)

Competition Commission of India (CCI) has rejected a complaint alleging that realty player Parsvnath Developers abused its dominant position by imposi.....

Tags : Competition Commission of India, Parsvnath Developers

read»

CCI Rejects Allegation of Unfair Business Practices against HSC India(10.08.2016)

Competition Commission of India (CCI) has dismissed allegations of unfair business practices against government-owned HSCC India with regard to certai.....

Tags : Competition Commission of India, HSCC India

read»

CCI Approves UltraTech Cement’s Rs16,189 Crore Deal with Jaiprakash Associates(11.08.2016)

Competition Commission of India (CCI) has approved UltraTech Cement’s Rs16,189 Crore deal with Jaiprakash Associates.

Tags : Competition Commission of India, UltraTech Cement, Jaiprakash Associates

read»

SC Imposes Rs 25,000 Fine on Bar Council of India over CLAT(16.08.2016)

Supreme Court has imposed a fine of Rs 25,000 on Bar Council of India, the apex body for lawyers, for failing to respond to a plea seeking setting up .....

Tags : Supreme Court, CLAT, Bar Council of India

read»

RBI Authorises Select Bank Branches to Collect Advance Tax(16.08.2016)

Reserve Bank of India (RBI) has authorised various bank branches, including those of SBI, ICICI, HDFC Bank, PNB and Bank of Baroda, to collect income .....

Tags : Reserve Bank of India, Advance Tax

read»

India Notifies Protocol Amending Mauritius Tax Treaty(16.08.2016)

India has notified a landmark Protocol that has now amended an existing 33-year-old Double Taxation Avoidance Agreement (DTAA) between India and Mauri.....

Tags : Double Taxation Avoidance Agreement (DTAA) between India and Mauritius

read»

Bombay HC: No VAT Payable by Subway on Franchise Fees in Maharashtra(19.08.2016)

Bombay HC has held that franchise and royalty fees received by Subway Systems India, a group company of the international fast food chain, cannot be s.....

Tags : Bombay HC, Subway Systems India

read»

CCI Approves HDFC ERGO - L&T General Insurance and HCL-Geometric Deal(22.08.2016)

Competition Commission of India (CCI) has given approval to HDFC ERGO - L&T General Insurance deal and also to HCL Technologies' equity swap deal to b.....

Tags : Competition Commission of India, HDFC ERGO - L&T General Insurance , HCL-Geometric

read»

Delhi HC Protects Singers’ Right(24.08.2016)

Delhi HC has directed a Delhi-based restaurant to stop playing music or performing songs in any manner without obtaining permission from the Indian Si.....

Tags : Delhi HC, Indian Singers’ Rights Association

read»

SC: Two Indian Firms May Conduct Arbitration Outside India(26.08.2016)

Supreme Court has upheld Madhya Pradesh HC decision holding that two Indian firms, Sasan Power Ltd and North American Coal Corporation India Pvt Ltd.,.....

Tags : Supreme Court, Madhya Pradesh HC, Sasan Power Ltd., North American Coal Corporation India Pvt Ltd.

read»

RBI to Banks: Provide Loans to Women SHGs at 7%(26.08.2016)

Reserve Bank of India (RBI) has asked banks to provide loans to women self-help groups (SHGs) at 7 per cent per annum, as per the government's revised.....

Tags : Reserve Bank of India, self-help groups

read»

Delhi HC: Why is LLB given Second-Hand Treatment?(29.08.2016)

Delhi HC, while hearing a plea against the Bar Council of India’s (BCI) order on change in the timing of evening classes at Delhi University’s Faculty.....

Tags : Delhi HC, Bar Council of India

read»

CCI Orders Investigation on Italy's Esaote for over Unfair Business Practices(29.08.2016)

Competition Commission of India (CCI) has ordered a detailed investigation against Italy's Esaote after finding that the imaging diagnostic systems ma.....

Tags : Competition Commission of India , Italy's Esaote

read»

CCI Nods for A&E's Additional Sake in Vardhman Yarns(30.08.2016)

Competition Commission of India (CCI) has permitted American & Efird (A&E) Global to buy an additional 40 per cent stake in Vardhman Yarns and Thread.....

Tags : Competition Commission of India , A&E, Vardhman Yarns

read»

CCI Imposes Rs 6,700-Crore Penalty on 11 Cement Firms for Cartelisation(01.09.2016)

Competition Commission of India (CCI) has imposed more than Rs 6,700 crore penalty on 11 cement companies - UltraTech, Binani, Ramco, Jaiprakash Assoc.....

Tags : Competition Commission of India, Cement Firms

read»

SEBI Tightens Risk Norms of Commexes(02.09.2016)

Securities and Exchange Board of India (SEBI), while tightening risk norms of commixes, has removed five per cent of annual gross revenue cap on SGF c.....

Tags : Securities and Exchange Board of India , Commexes

read»

RBI to CICs: Give FFCR to Individuals Once a year(02.09.2016)

Reserve Bank of India (RBI) has directed Credit Information Companies (CICs) to provide access to one Free Full Credit Report (FFCR), including credit.....

Tags : Reserve Bank of India, CICs, FFCR t

read»

CCI Junks Complaint against Bestech(09.09.2016)

Competition Commission of India (CCI) has dismissed charges against Gurgaon-based realty firm Bestech India with regard to unfair terms and conditions.....

Tags : Competition Commission of India ,Bestech

read»

CCI Nods for Acquisition of L&T General Insurance by HDFC ERGO(12.09.2016)

Competition Commission of India (CCI) has approved acquisition process of L&T General Insurance by HDFC ERGO General Insurance.

Tags : Competition Commission of India, L&T General Insurance, HDFC ERGO General Insurance

read»

CIC Orders Hockey India to Disclose Sponsorship Details(13.09.2016)

Central Information Commission (CIC) has directed Hockey India to disclose details of sponsorship amount it received during last two years and the com.....

Tags : CIC, Hockey India

read»

CCI Directs Inquiry against Jaiprakash Associates in Majority Orders Involving Real Estate Projects(16.09.2016)

Competition Commission of India (CCI) has ordered inquiry against Jaiprakash Associates Ltd through majority orders in two separate cases involving re.....

Tags : Competition Commission of India, Jaiprakash Associates

read»

SC Directs Search Engines to Block Sex Determination Websites(20.09.2016)

Supreme Court has asked search engines of companies, like Google India, Microsoft India and Yahoo India, to take steps to block sex determination adve.....

Tags : Supreme Court, Google India, Microsoft India, Yahoo India

read»

CCI Gives Approval to Pfizer-Piramal Deal(21.09.2016)

Competition Commission of India (CCI) has approved Piramal Enterprises' proposed acquisition of four brands from pharmaceutical major Pfizer.

Tags : Competition Commission of India , Pfizer-Piramal Deal

read»

SEBI to MFs: Disclose Absolute Commission Paid to Agents(21.09.2016)

Securities and Exchange Board of India (SEBI), with an aim to bring in greater transparency in dealings of mutual funds, markets regulator, has asked .....

Tags : Securities and Exchange Board of India , Mutual Fund

read»

Madras HC: No Bar on Using Kalam’s Name for Party(23.09.2016)

Madras HC, while observing order of Election Commission refusing to restrain anyone from using the name of former President Abdul Kalam as part of the.....

Tags : Madras HC , Abdul Kalam Vision India Party

read»

Gujarat HC Refuses to Quash Charges against Pepsico in Food Adulteration Case(26.09.2016)

Gujarat HC has denied to quash charges against PepsiCo India Holdings Pvt Ltd and its nominee Hasmukh Mewada in the 2002 case over criticizing it for .....

Tags : Gujarat HC, PepsiCo India Holdings Pvt Ltd

read»

Welspun Secures 'Interactive Textile Article and Augmented Reality System' Patent(26.09.2016)

Welspun India has secured 'Interactive Textile Article and Augmented Reality System' patent which protects the company's new product line TILT." The .....

Tags : Welspun India, patent

read»

Calcutta HC Directs Private Medical Colleges to Follow MCI Admission Rules(27.09.2016)

Calcutta HC has asked private medical colleges in West Bengal to follow Medical Council of India Guidelines on admission of students under management .....

Tags : Calcutta HC , Medical Council of India

read»

CIC Orders Indian Navy to Make Public, Report on Lt Cdr Rahul Nair Death(28.09.2016)

Central Information Commission (CIC) has ordered Indian Navy to make public the inquiry report on death of Lt Cdr Rahul Nair during a 2010 air show ev.....

Tags : Central Information Commission , Indian Navy, Lt Cdr Rahul Nair

read»

Competition Commission of India Clears Coffee Day Overseas-Coffee Day Enterprises Deal(03.10.2016)

Competition Commission of India has cleared proposed amalgamation of Coffee Day Overseas with Coffee Day Enterprises, which operates popular CCD chain.....

Tags : Competition Commission of India, CCD , Coffee Day Overseas

read»

Delhi HC Stays Grants Interim Relief to Hockey India over Furnishing Sponsorship Details(04.10.2016)

Delhi HC has stayed a Central Information Commission’s (CIC) order directing Hockey India to disclose details of sponsorship amount received by it in .....

Tags : Delhi HC , CIC, Hockey India

read»

CCI Rejects Allegation over Power Grid Corporation(06.10.2016)

Competition Commission of India (CCI) has dismissed allegations that Power Grid Corporation abused its dominant position with policy that materials us.....

Tags : Competition Commission of India, CCI, Power Grid

read»

Delhi HC Slams ASI for Failure to Maintain and Preserve Historical Monuments(06.10.2016)

Delhi HC has pulled up Archaeological Survey of India (ASI) over its failure to maintain and preserve the historic Tughlaqabad Fort and protect it fro.....

Tags : Delhi HC, Archaeological Survey of India, Tughlaqabad Fort

read»

Delhi HC Allows RBI to Intervene in Tata-NTT Docomo Case(06.10.2016)

Delhi HC has allowed the Reserve Bank of India (RBI) to file an intervention application in the enforcement proceedings initiated by NTT Docomo to rea.....

Tags : Delhi HC, Reserve Bank of India, Tata-NTT Docomo

read»

RBI Issues Operating Guidelines for Small Finance Banks and Payments Banks(07.10.2016)

Reserve Bank of India (RBI) has allowed payments banks and small finance banks to use digital banking to open bank accounts while streamlining their r.....

Tags : Reserve Bank of India, finance banks, payments banks, Guidelines

read»

Delhi Court Seeks Clarification from Election Commission on Smriti Irani’s Educational Qualification(07.10.2016)

A Delhi Court has sought further clarifications from the Election Commission of India over a plea alleging Smriti Irani’s educational qualifications t.....

Tags : Delhi Court, Election Commission of India, Smriti Irani, Educational Qualifications

read»

Delhi HC Dismisses Cairn India Plea on Oil Export from Rajasthan Field(18.10.2016)

Delhi HC has dismissed plea of UK-based Vedanta Group Company, Cairn India Ltd’s seeking permission to export excess crude from its oil field in Rajas.....

Tags : Delhi HC, Cairn India, crude oil

read»

Delhi HC Extends Relief to JNU Students over Feb. 9 Event(20.10.2016)

Delhi High Court has extended relief granted to the Jawaharlal Nehru University (JNU) students against University's decision holding them guilty of in.....

Tags : Delhi High Court, Jawaharlal Nehru University, "anti-India" slogans

read»

Reserve Bank Asks to Replace 17.5 Lakh Debit Cards(20.10.2016)

Reserve Bank of India (RBI) has asked banks to replace debit cards whose security is suspected to have been compromised after being used in some Autom.....

Tags : Reserve Bank of India, Automated Teller Machines

read»

Rajasthan HC Rejects Cairn India’s Plea to Refund Education Cess(21.10.2016)

Rajasthan High Court has rejected a petition of Cairn India Energy seeking refund of Education Cess and Secondary Education Cess amounting to Rs.300 c.....

Tags : Rajasthan High Court, Cairn India, Education Cess

read»

CCI Clears Konecranes-Terex Corporation deal(21.10.2016)

Finland-based Konecranes has received Competition Commission of India’s (CCI) approval to acquire 'material handling and port solutions business' of i.....

Tags : Commission of India, Konecranes-Terex Corporation deal

read»

RBI Permits 100% FDI in Regulated Financial Services(21.10.2016)

Reserve Bank of India (RBI) has permitted 100 % foreign direct investment in 'Other Financial Services' carried out by NBFCs, a move which will help a.....

Tags : Reserve Bank of India, 100% FDI , Regulated Financial Services

read»

SC Limits BCCI's Financial Powers, Asks Panel to Appoint Independent Auditor(21.10.2016)

Supreme Court, while imposing limits on Board of Control for Cricket in India's (BCCI) financial powers, has said that, India’s cricket board will hav.....

Tags : Supreme Court, Board of Control for Cricket in India, BCCI, Lodha Panel

read»

Bombay HC Slams Assessing Officer For Holding Back Company’s Refund(21.10.2016)

Bombay HC has slammed an I-T Assessing Officer for holding back refunds without sufficient reasons of Group M India, world's largest Media Investment .....

Tags : Bombay HC, Income Tax, Assessing Officer, Group M India

read»

CCI Approves Restructuring of Fortis Group(25.10.2016)

Competition Commission of India (CCI) has approved proposed restructuring of Fortis Group, which includes de-merger of Pathology Business, SRL Labs.

Tags : Competition Commission of India, SRL Labs, Fortis Group

read»

CCI Rejects Unfair Business Practices Allegation against Picasso Digital(26.10.2016)

Competition Commission of India (CCI) has rejected allegations of unfair business practices made against Picasso Digital Media saying matter is relate.....

Tags : Competition Commission of India, unfair business practices, Picasso Digital Media

read»

Government Notifies Revised Double Taxation Agreement with South Korea(27.10.2016)

Government has notified a new Double Taxation Avoidance Agreement (DTAA) between India and South Korea, which was signed by Prime Minister Narendra Mo.....

Tags : Double Taxation Avoidance Agreement, India, South Korea

read»

Delhi HC Seeks Government Response over Illegal Construction in Tughlakabad(02.11.2016)

Delhi High Court has sought response of Government and Archeological Survey of India (ASI) over plea seeking demolition of a factory allegedly built i.....

Tags : Delhi High Court, Archeological Survey of India , Tughlakabad

read»

CCI Approves Ashok Leyland's Deal to Buy Nissan Stake in Three JVs(04.11.2016)

Competition Commission of India (CCI's) has approved Ashok Leyland to buyout its Japanese partner Nissan Motors' stake in JVs, which were floated to m.....

Tags : Competition Commission of India, Ashok Leyland, Nissan Motors

read»

RBI Allows Banks to Raise Funds Via Masala Bonds(04.11.2016)

Reserve Bank of India (RBI) has allowed banks to issue Rupee-Denominated Bonds, or Masala Bonds, in overseas market to shore up their capital base as .....

Tags : Reserve Bank of India , Masala Bonds

read»

Hyderabad HC: No Age Limit for Law Courses This Academic Year(07.11.2016)

Hyderabad High Court has said that age limits prescribed by Bar Council of India for admission into Law courses would not be applicable for admissions.....

Tags : Hyderabad High Court, age limits, Bar Council of India

read»

RBI Permits Indian Subsidiaries of MNCs to Hedge Forex Exposure(07.11.2016)

Reserve Bank of India (RBI) has allowed Indian subsidiaries of multinational companies to hedge their foreign currency exposure through derivatives, O.....

Tags : Reserve Bank of India, Indian subsidiaries, foreign currency

read»

Delhi HC Directs Hotel Leela to Pay Rs. 258 Crore to AAI(07.11.2016)

Delhi High Court has directed Hotel Leela Venture Ltd to pay Rs.258 crore to Airport Authority of India (AAI) regarding land leased by Airport Operato.....

Tags : Delhi High Court, Hotel Leela, Airport Authority of India

read»

Delhi HC Gives Centre 60 Days for Finalizing Cairn’s Barmer PSC Extension(08.11.2016)

Delhi High Court has given Central Government another two months to arrive at its decision regarding extension of a Production Sharing Contract (PSC) .....

Tags : Delhi High Court, Production Sharing Contract, Cairn India

read»

SC Defers NDTV India Ban Hearing till Dec 5(09.11.2016)

Supreme Court has adjourned hearing of a plea challenging a day’s ban on NDTV India to December 5 as Attorney General informed Court that Government w.....

Tags : Supreme Court, NDTV India, Ban

read»

SC Allows BCCI to Release Funds For Ind-Eng Series(09.11.2016)

Supreme Court has released Rs 58.66 lakh to Board of Control for Cricket in India (BCCI) to conduct test match between India and England scheduled for.....

Tags : Supreme Court, BCCI, India- England Series

read»

RBI: New Rs. 500, 2000 Notes From November 10(09.11.2016)

Reserve Bank of India (RBI) Governor, Urjit Patel has said that Apex Bank will launch new Rs 500 and Rs 2,000 currency notes from November 10.

Tags : Reserve Bank of India, New Rs. 500, 2000 Notes

read»

RBI Eases Stressed Asset Resolution Norms(11.11.2016)

Reserve Bank of India (RBI) has eased rules for various stressed asset resolution schemes and expanded scope of a loan recast plan previously limited .....

Tags : Reserve Bank of India , infrastructure sector, Stressed Asset Resolution

read»

Supreme Court to Search Engine Companies: Block Pre-Natal Sex Determination Ads(16.11.2016)

Supreme Court has directed companies that operate search engines like Google India, Yahoo India and Microsoft Corp. India Pvt. Ltd to block advertisem.....

Tags : Supreme Court, Google India, Yahoo India, Microsoft, Pre-Natal Sex Determination Ads

read»

Madras HC: Hate Politics Practised in South India(18.11.2016)

Madras High Court has observed that politics of hate is practised by parties in South India without being cordial and friendly unlike politicians of N.....

Tags : Madras High Court, Hate Politics, South India

read»

CCI Approves TATA Chemicals-Yara Fertilisers Deal(28.11.2016)

Competition Commission of India (CCI) has approved proposed acquisition of Urea and Customised Fertilisers business of Tata Chemicals by Norway's Yara.....

Tags : Competition Commission of India, acquisition, Tata Chemicals, Yara Fertilisers

read»

CIC: Records of Loans to Adani Groups Cannot be Disclosed under RTI(28.11.2016)

Central Information Commission (CIC) has held that records related to loans given to industries promoted by Gautam Adani cannot be disclosed as these .....

Tags : Central Information Commission, Gautam Adani , State Bank of India , Loans

read»

RBI Capped Withdrawal From Jan Dhan Accounts to Rs. 10000 Per Month(30.11.2016)

Reserve Bank of India (RBI) has issued a notification saying that Jan Dhan Account Holders will be allowed to withdraw only Rs 10,000 a month, as a te.....

Tags : Reserve Bank of India, Jan Dhan Account, money laundering, withdraw

read»

Delhi HC Notices TATA, Docomo over RBI Application(02.12.2016)

Delhi High Court has asked NTT Docomo Inc. and Tata Sons Ltd to respond to a Reserve Bank of India (RBI) application seeking to be heard in a dispute .....

Tags : Delhi High Court, Docomo, Tata, Reserve Bank of India

read»

Karnataka High Court Summons Vijay Mallya in Contempt Case(05.12.2016)

Karnataka High Court has ordered Businessman Vijay Mallya to appear before Court on 19 January for charges to be framed in a contempt case filed by pu.....

Tags : Karnataka High Court, Vijay Mallya, State Bank of India

read»

NGT Notices Indian Oil, Bharat Petroleum over Air Pollution(05.12.2016)

National Green Tribunal (NGT) has issued notice to two public sector oil companies asking them whether they use any diesel vehicle which is more than .....

Tags : National Green Tribunal, diesel vehicle, Indian Oil, Bharat Petroleum, Air Pollution

read»

Supreme Court Notices Facebook, Google, Yahoo, Microsoft over Rising Cybercrimes(06.12.2016)

Supreme Court of India has issued notice to tech giants Google India, Yahoo, Microsoft, Facebook on their role in curbing rising cyber crimes in India.....

Tags : Supreme Court, Google India, Yahoo India, Microsoft, cyber crimes

read»

CCI Rejects Anti-competitive Practices Complaints Against DLF(07.12.2016)

Competition Commission of India (CCI) has rejected a complaint of anti-competitive practices against DLF pertaining to 1995-96 period saying competiti.....

Tags : Competition Commission of India, DLF, anti-competitive practices

read»

RBI Eases Authentication Rules for Online Card Transactions(07.12.2016)

Reserve Bank of India (RBI) has removed two-factor authentication for online card transactions involving sums up to Rs2,000 in a move aimed at simplif.....

Tags : Reserve Bank of India, Online Card Transactions

read»

RBI Releases Fifth Bi-monthly Monetary Policy Statement, 2016-17; Kept Repo Rate Unchanged(07.12.2016)

Reserve Bank of India (RBI) has released Fifth Bi-monthly Monetary Policy Statement, 2016-17 wherein it has kept Repo rate unchanged at 6.25 percent, .....

Tags : Reserve Bank of India , Monetary Policy, Reverse Repo, Repo rate

read»

RBI Allows Use of OTP for Account Opening(09.12.2016)

To quicken the process of opening of bank account, Reserve Bank of India (RBI) has amended its know your customer (KYC) rules to allow banks to open n.....

Tags : RBI, Reserve Bank of India

read»

Hyderabad Court Convicts IM Co-founder Yasin Bhatkal & Others for Dilsukhnagar Blasts(13.12.2016)

Hyderabad Court has convicted Indian Mujahideen (IM) co-founder Yasin Bhatkal and four others for Dilsukhnagar blasts in 2013.

Tags : Hyderabad Court, Indian Mujahideen, Dilsukhnagar blasts

read»

Bombay HC Adjourns FTIL-NSEL Merger Case till December 20(14.12.2016)

Bombay High Court has adjourned Financial Technologies of India Ltd’s (FTIL) plea against a Ministry of Corporate Affairs (MCA) order which proposed t.....

Tags : Bombay High Court, National Spot Exchange Ltd, Financial Technologies of India Ltd’s

read»

Supreme Court: Air Force Officers Cannot Grow Beard on Religious Ground(15.12.2016)

Supreme Court has held that personnel working in Indian Air Force cannot sport a beard based on religious grounds.

Tags : Supreme Court, Indian Air Force, beard, religious grounds

read»

Delhi HC Puts on Hold AIFF Election for Violating Sports Code(16.12.2016)

Delhi High Court has stayed All India Football Federation (AIFF) elections for non-adherence to Sports Code.

Tags : Delhi High Court, All India Football Federation

read»

Madhya Pradesh HC Seeks NHAI’s Response over Steps Taken to Improve Roads(19.12.2016)

Madhya Pradesh High Court has directed National Highway Authority of India’s (NHAI) Bhopal Regional Officer to furnish details of steps it has propose.....

Tags : Madhya Pradesh High Court, National Highway Authority of India

read»

CCI Approves Abbott Laboratories- St Jude Deal With Certain Limitations(19.12.2016)

Competition Commission of India (CCI) has approved pharma major Abbott Laboratories' proposed acquisition of heart device-maker St Jude Medical Inc, s.....

Tags : Competition Commission of India, Abbott Laboratories, St Jude

read»

RBI Relaxes Deposits Norm of More Than Rs 5,000 in Old Denominations For KYC A/Cs(21.12.2016)

Reserve Bank of India has relaxed its notification, specifying that deposits of over 5000 rupees could be made only after furnishing a satisfactory re.....

Tags : Reserve Bank of India, Old Denominations, Deposits, KYC A/Cs, demonetisation

read»

Bombay HC: Can’t Authorize to Reside in Country Without Valid Papers(22.12.2016)

Bombay High Court has observed that a person cannot be authorized to reside in country without valid papers even if he is entitled to Indian citizensh.....

Tags : Bombay High Court, Indian citizenship,

read»

Delhi HC Notices BCI over Attendance Norms Relaxation in Delhi University(26.12.2016)

Delhi High Court has sought an explanation from Bar Council of India (BCI) for its alleged action in writing to Delhi University’s Law Faculty to rela.....

Tags : Delhi High Court, Bar Council of India, Delhi University

read»

Presidents Re-Promulgates Enemy Property (Amendment and Validation) Fifth Ordinance, 2016(26.12.2016)

President of India has re-promulgated Enemy Property (Amendment and Validation) Fifth Ordinance, 2016, aimed to guard against claims of succession or .....

Tags : President of India, Enemy Property, Ordinance

read»

RBI signs Memorandum of Understanding on "Supervisory Cooperation and Exchange of Supervisory Information" with the Banking Regulation and Supervision Agency, Turkey(21.12.2016)

The Reserve Bank of India signed a Memorandum of Understanding (MoU) on "Supervisory Cooperation and Exchange of Supervisory Information" with Banking.....

Tags : MOU, India, Turkey

read»

CCI Approves Madison India- Micromax Deal(28.12.2016)

Competition Commission of India (CCI) has accepted request from investment fund Madison India Opportunities Ltd to acquire an equity stake in mobile p.....

Tags : CCI, Madison India, Micromax

read»

CCI Rejects Abuse of Dominant Position Plea Against Toyota(29.12.2016)

Competition Commission of India (CCI) has dismissed allegations that Japanese auto major Toyota abused its dominant position with regard to sale of a .....

Tags : Competition Commission of India, Toyota, dominant position

read»

RBI Eases Bad Loan Classification Norms For Small Borrowers, Farmers(29.12.2016)

Reserve Bank of India (RBI) has relaxed norms for bad loan classification for small borrowers, including farmers, giving them additional 30 days to re.....

Tags : Reserve Bank of India, loan, repayment, Small Borrowers

read»

Karnataka HC Directs KMC Not to De-register IMA Members(30.12.2016)

Karnataka High Court has directed Karnataka Medical Council (KMC) not to de-register until further orders doctors who are members of Indian Medical As.....

Tags : Karnataka HC, Karnataka Medical Council, Indian Medical Association

read»

Delhi HC Notices Ex-Indian Air Force Chief SP Tyagi over CBI Plea Challenging his Bail(30.12.2016)

Delhi High Court has issued notice to Ex-Indian Air Force Chief SP Tyagi, over CBI's plea challenging his bail in AgustaWestland chopper bribery scam.

Tags : Delhi High Court, Indian Air Force, SP Tyagi, AgustaWestland chopper

read»

RBI Extends Note Exchange Deadline for NRI’s till June 30(02.01.2017)

Reserve Bank of India has said that Non-resident Indians (NRIs) can exchange old Rs 500 and Rs 1000 notes till June 30, 2017.

Tags : Reserve Bank of India, Rs. 500, Rs. 1000, Demonetisation

read»

President Clears Currency Ban Ordinance(02.01.2017)

President Pranab Mukherjee signed the Specific Bank Notes (Cessation of Liabilities) Ordinance, 2016 that seeks to extinguish RBI’s liability in respe.....

Tags : Demonetisation, Ordinance, President of India, Rs. 500, Rs. 1000

read»

Delhi HC Asks J&K: Do J&K HC Judges Takes Oath Under Indian Constitution(03.01.2017)

Delhi High Court sought to know from State of Jammu and Kashmir if its High Court judges take oath owing allegiance to Indian Constitution.

Tags : Delhi High Court, Jammu and Kashmir, Indian Constitution

read»

Government Notifies Setting Up of Indian Skill Development Services(05.01.2017)

Ministry of Skill Development and Entrepreneurship (MSDE) has issued notice on setting up of Indian Skill Development Services (ISDS) for Training Dir.....

Tags : Ministry of Skill Development and Entrepreneurship, Indian Skill Development Services

read»

Supreme Court Seeks Centre’s Opinion over Conflict Between POSCO, IPC(06.01.2017)

Supreme Court has asked Central Government to examine need to amend a colonial-era provision in IPC that provides immunity to a man from being prosecu.....

Tags : Supreme Court, Indian Penal Code, Protection of Children of Sexual Offences, Rape

read»

Supreme Court Directs CBI Probe over ‘Unnecessary’ Purchase of Aircrafts(06.01.2017)

Supreme Court has asked CBI to look into allegation of “unnecessary” purchase of 111 aircraft and leasing of some other by Air India between 2004 and .....

Tags : Supreme Court, CBI, Air India, Aircraft

read»

Delhi HC Directs Cairn India to Initiate Arbitration in Ravva Oil Field Dispute(12.01.2017)

Delhi High Court has asked Cairn India Ltd to initiate arbitration proceedings within two weeks in a dispute at its Ravva oil field off the coast of A.....

Tags : Delhi High Court, Cairn India, Ravva oil field

read»

Delhi HC Directs ASI to Check Illegal Construction in Tughlaqabad Fort Area(12.01.2017)

Delhi High Court has directed Archaeological Survey of India (ASI) to ensure that there is no unauthorised activity or construction taking place withi.....

Tags : Delhi High Court, Archaeological Survey of India, Tughlaqabad Fort

read»

Sebi Streamlines Norms for Mergers Involving Listed Companies to Increase Public Shareholding to 25%(16.01.2017)

Securities and Exchange Board of India (SEBI) has introduced more checks and balances for Mergers & Acquisition (M&A) involving unlisted companies, un.....

Tags : Securities and Exchange Board of India, Listed-Unlisted Companies, Merger, Public Shareholding

read»

RBI Enhances Withdrawal Limits From ATMs From Rs. 4500 to Rs 10,000 Per Day(16.01.2017)

Reserve Bank of India (RBI) has enhanced limit on withdrawals from ATMs from current limit of Rs.4,500 to Rs.10,000 per day per card.

Tags : Reserve Bank of India, Withdrawal Limits, ATMs

read»

CCI Approves Sony Pictures Deal to Buy Ten Sports(19.01.2017)

Competition Commission of India (CCI) has cleared Sony Pictures Networks’ proposed purchase of Ten Sports, owned by Zee Entertainment Enterprises.

Tags : Competition Commission of India, Ten Sports, Zee Entertainment, Sony Pictures

read»

CCI Slaps Rs. 2.92 Crore Fine on Three Firms For Bid rigging of Tenders by Indian Railways(20.01.2017)

Competition Commission of India (CCI) has imposed penalties totaling about Rs. 2.92 crore on three firms for bid rigging of tenders floated by Indian .....

Tags : Competition Commission of India, Bid rigging

read»

CCI Fines Seven Cement Companies For Bid rigging, Cartelization(20.01.2017)

Competition Commission of India (CCI) has held seven cement companies guilty of bid rigging and cartelization and imposed a total fine of nearly Rs 20.....

Tags : Competition Commission of India, Bid rigging, Cartelization

read»

Delhi HC Slams ASI For Failing to Protect Tughlaqabad Fort(27.01.2017)

Delhi High Court has questioned Archaeological Survey of India (ASI) on its failure to protect Tughlaqabad Fort from encroachments.

Tags : Delhi High Court, Tughlaqabad Fort, Archaeological Survey of India

read»

RBI Bans Investments in ‘Non-cooperative Countries’(27.01.2017)

Reserve Bank of India (RBI) has prohibited Indian entities from making direct investments in any entity located in 'non co-operative countries and ter.....

Tags : Reserve Bank of India, Non-cooperative Countries, investments

read»

Punjab & Haryana HC: ‘Paramilitary Jawans’ Are Akin to Soldiers in Indian Army(30.01.2017)

Punjab and Haryana High Court has held that work of paramilitary jawan is "arduous and akin to soldiers in Indian Army", and hence it calls for a high.....

Tags : Punjab and Haryana High Court, Indian Army, Paramilitary Jawans’

read»

CCI Clears Reliance Aerostructure- Dassault Aviation Joint Venture Deal(30.01.2017)

Competition Commission of India (CCI) has approved proposed joint venture between Anil Ambani-led group firm Reliance Aerostructure and Rafale-maker D.....

Tags : Competition Commission of India, Reliance Aerostructure, Dassault Aviation

read»

RBI Rejects EC Request to Enhance Withdrawal Limits For Poll Candidates(30.01.2017)

Reserve Bank of India (RBI) has rejected request of Election Commission (EC) to enhance weekly cash-withdrawal limit, imposed after demonetisation, fo.....

Tags : Reserve Bank of India, Election Commission

read»

Supreme Court Questions Feasibility of All India Judicial Services(31.01.2017)

Supreme Court has questioned feasibility of All India Judicial Services, saying how could power of High Courts to appoint Judicial Officers in trial c.....

Tags : Supreme Court, All India Judicial Services

read»

Supreme Court Bars Litigants For Life From Filing PILs(31.01.2017)

Supreme Court has barred two litigants for life, who cast aspersions on Chief Justice of India J S Khehar and his predecessor Justice T S Thakur, from.....

Tags : Supreme Court, PILs, Chief Justice of India

read»

RBI: No Restrictions on ATM Withdrawals From Feb 01(31.01.2017)

Reserve Bank of India (RBI) has said that limits on ATM withdrawals will further be eased from February 1 and curbs on branch withdrawals from current.....

Tags : Reserve Bank of India, ATM Withdrawals

read»

Bombay HC Slams RBI For Not Exchanging Old Notes in Deceased’s Locker(03.02.2017)

Bombay High Court came down heavily on Reserve Bank of India (RBI) for not complying with its order to change demonetised currency notes totalling Rs .....

Tags : Bombay High Court , Reserve Bank of India

read»

TRAI Gives Clean Cheat to Jio’s Happy New Year Plan(03.02.2017)

Telecom Regulatory Authority of India (TRAI) has given a clean chit to billionaire Mukesh Ambani-run firm Jio’s free voice calling and data plan on it.....

Tags : Telecom Regulatory Authority of India. JIO, Mukesh Ambani

read»

RBI Directs Banks to Report Cyber Crimes within 6 Hours(03.02.2017)

RBI, while asking banks to report any cyber security incident within two to six hours of its happening, has warned lenders that any delay in reporting.....

Tags : Reserve Bank of India, cyber security

read»

RBI Allows NRIs to Access ETCS Market(03.02.2017)

Reserve Bank of India (RBI) has allowed NRIs access to Exchange Traded Currency Derivatives (ETCD) market to hedge currency risk arising out of their .....

Tags : Reserve Bank of India, Exchange Traded Currency Derivatives

read»

RBI Issues Revised Guidelines For Commercial Papers(03.02.2017)

Reserve Bank of India (RBI) has issued revised guidelines for commercial papers, including mandating that the issuer must disclose end-use of such fun.....

Tags : Reserve Bank of India, commercial papers

read»

RBI Allows Banks to Use Statutory Reserves for AT1 Bond Coupon Payment(03.02.2017)

Reserve Bank of India has allowed banks to use statutory reserves to pay coupon (interest) on additional Tier-I bonds, subject to certain riders.

Tags : Reserve Bank of India, Tier-I bonds

read»

RBI Releases Fifth Bi-monthly Monetary Policy Statement, Maintains Status Quo on Repo Rate(08.02.2017)

Reserve Bank of India (RBI) has issued its sixth Bi-monthly Policy Statement for the year, wherein Apex Bank decided to hold on to repo rate at 6.25 p.....

Tags : Reserve Bank of India, Bi-monthly Policy Statement, repo rate

read»

RBI: No Cash Withdrawal Limits Post March 13(09.02.2017)

Reserve Bank of India (RBI) has said that cash withdrawal limits, currently in place for savings bank accounts will be removed in two stages, initiall.....

Tags : Reserve Bank of India, Cash Withdrawal

read»

Karnataka HC Directs SWR to Examine Complaint on Illegal Operation of Special Train(13.02.2017)

Karnataka High Court has directed General Manager, South Western Railway (SWR), to hold a meeting to examine a complaint on illegal operation of a spe.....

Tags : Karnataka High Court, special train, All-India Railwaymen Federation

read»

CCI Clears Maersk Firm of Anti-Competition Charges(13.02.2017)

Competition Commission of India (CCI) has decided that joint ventures or subsidiaries of Maersk-owned APM Terminals have not contravened provisions of.....

Tags : Competition Commission of India, Maersk

read»

RBI Signs MOU on Information Exchange With Bank of Zambia(16.02.2017)

Reserve Bank of India has inked an information exchange pact with Bank of Zambia aimed at forging greater cooperation.

Tags : Reserve Bank of India, Bank of Zambia

read»

RBI Releases Draft MDR Norms(17.02.2017)

Reserve Bank of India (RBI) has released draft norms for revamping Merchant Discount Rate (MDR), with an aim to make it more cost effective and appeal.....

Tags : Reserve Bank of India, Merchant Discount Rate

read»

SEBI Permits Foreign Players to Buy Shares Via Primary Markets(17.02.2017)

Securities and Exchange Board of India (Sebi) has allowed foreign investors to acquire shares through primary markets in depositories and clearing cor.....

Tags : Securities and Exchange Board of India, foreign investors

read»

RBI: Now Withdraw Rs 50,000/Week From Your Saving Accounts(21.02.2017)

Reserve Bank of India (RBI) has enhanced withdrawal limit on saving accounts from February 20, 2017 to Rs 50,000 per week.

Tags : Reserve Bank of India, withdrawal limit

read»

Supreme Court Seeks MCI’s Clarification Over Power to Fix Age Limit For MBBS Admission(28.02.2017)

Supreme Court has asked Medical Council of India (MCI) to clarify if it had power to fix an upper age limit of 25 years for admission to MBBS/BDS cour.....

Tags : Supreme Court, Medical Council of India, Age Limit

read»

Hyderabad High Court Grants Telangana 3 Months Time to Consider Revival of CCI Adilabad Unit(28.02.2017)

Hyderabad High Court has granted three months’ time for Government of Telangana to take all appropriate steps to see that Adilabad unit of Cement Corp.....

Tags : Hyderabad High Court, Cement Corporation of India, Adilabad

read»

National Green Tribunal Orders Zero Discharge Deadline For Nitta Gelatin India Ltd(01.03.2017)

National Green Tribunal (NGT) has issued an order to Nitta Gelatin India Ltd (NGIL) to ensure zero discharge of chemical waste from its factory at Kat.....

Tags : National Green Tribunal, Nitta Gelatin India Ltd

read»

Supreme Court: Verify Educational Certificates of Law Grad Without Fee From BCI(02.03.2017)

Supreme Court has directed all Universities to verify educational certificates of law degree holders without charging a fee from Bar Council of India .....

Tags : Supreme Court, Bar Council of India

read»

Bombay HC Permits Construction of Temporary Jetty At Chowpatty For Power Boat Indian Grand Prix(02.03.2017)

Bombay High Court, while observing that Mumbaikars cannot be deprived of an International level power boating event for petty reasons raked up by City.....

Tags : Bombay High Court, Power Boat Indian Grand Prix

read»

Supreme Court Annuls BCI Order Capping Age Limit For Law Courses(06.03.2017)

Supreme Court has stayed an order issued by Bar Council of India (BCI) fixing an age limit of 45 years for three-year LLB degree courses and 22 years .....

Tags : Supreme Court, Bar Council of India, Age Limit

read»

TRAI: Don’t Charge More than Rs 130 For 100 SDCs(06.03.2017)

Telecom Regulatory Authority of India (Trai) has asked cable TV operators not to charge subscribers more than Rs.130 for 100 standard definition chann.....

Tags : Telecom Regulatory Authority of India

read»

Supreme Court Notices Centre Over RBI's Refusal to Exchange Demonetised Notes(06.03.2017)

Supreme Court has issued a notice to Central Government on a plea challenging Reserve Bank of India’s (RBI) refusal to accept Rs 500 and Rs 1,000 note.....

Tags : Supreme Court, Demonetised Notes, Reserve Bank of India

read»

Bombay HC Upholds FTII Decision Refusing Admission to Colour Blind to Film Editing Course(08.03.2017)

Bombay High Court has upheld decision of Film and Television Institute of India (FTII) not to grant a colour blind candidate admission to film editing.....

Tags : Bombay High Court, Film and Television Institute of India

read»

RBI Says ‘Banks Can Accept Coloured Notes’ Appeals to Avoid Dirtying Them(10.03.2017)

Reserve Bank of India has clarified that banks can accept colour-stained notes amid messages circulating on WhatsApp that public sector banks have bee.....

Tags : Reserve Bank of India, Coloured Notes

read»

Gauhati High Court Rejects Plea For Separate Time Zone For NE India(14.03.2017)

Gauhati High Court has dismissed a Public Interest Litigation seeking a direction to Central government to have separate time zone for North East Indi.....

Tags : Gauhati High Court, North East India, time zone

read»

Reserve Bank of India Lifts All Limit on Cash Withdrawals(14.03.2017)

Reserve Bank of India has lifted all limits on cash withdrawals from banks and ATMs.

Tags : Reserve Bank of India, cash withdrawals

read»

Delhi HC Grants One More Day to RBI For Finalizing Stand on Tata-Docomo Arbitration Award(15.03.2017)

Delhi High Court has allowed Reserve Bank of India (RBI) a further day to finalise its stand on enforcement of $ 1.18 billion Tata Sons-NTT DoCoMo arb.....

Tags : Delhi High Court , Reserve Bank of India, Tata Sons-NTT DoCoMo

read»

Calcutta High Court: Indian Army Best Judge on Who is Fit to Join Army(15.03.2017)

Calcutta High Court has made it clear that it is for Indian Army to judge who is medically fit to join force and doctors in civilian hospitals should .....

Tags : Calcutta High Court, Indian Army

read»

ITAT Delhi Orders Cairn UK to Pay Rs 10,000 Cr Tax For Transfer of Shares to Cairn India(15.03.2017)

Income Tax Appellate Tribunal, Delhi (ITAT), has ordered UK's Cairn Energy Plc to pay Rs 10,000 crore capital gains tax on transfer of ownership from.....

Tags : Income Tax Appellate Tribunal, Delhi, Cairn India

read»

Orissa High Court Puts On Hold State’s Tax Recovery Notice to IOCL(17.03.2017)

Orissa High Court has ordered to “keep in abeyance” a demand notice of VAT recovery issued by Odisha Government asking Indian Oil Corporation Limited .....

Tags : Orissa High Court, Vat, Indian Oil

read»

CCI Annuls Anti-competitive Charges Against BookMyShow(20.03.2017)

Competition Commission of India (CCI) has rejected allegations of anti-competitive practices made against Big Tree Entertainment, which runs movie tic.....

Tags : Competition Commission of India, BookMyShow

read»

Delhi High Court Moots For 'No Biasness' in Indian Air Force Over Study Leave(21.03.2017)

Delhi High Court has ruled that an airman in Indian Air Force (IAF) can't be denied study leave on grounds that he is not an officer.

Tags : Delhi High Court, Indian Air Force, Study Leave

read»

LCI 265th Report: No Tax Relief on Interest on Money Deposited for Maintenance of Minor Child(21.03.2017)

Law Commission of India in its 265th report has recommended to Government that interest earned on money deposited by a parent for maintenance of a min.....

Tags : Law Commission of India, Minor Child, Maintenance

read»

Supreme Court to Sahara India: Pay Rs 5092.64 Crore or Get Ready For Aamby Valley Auction(22.03.2017)

Supreme Court has threatened to auction off Aamby Valley if Sahara India Group does not deposit Rs 5,092.64 crore with Securities and Exchange Board o.....

Tags : Supreme Court, Sahara India, Aamby Valley

read»

Supreme Court: Can BCI’s Disciplinary Panel Members Analyse Documents In Unfamiliar Language?(23.03.2017)

Supreme Court, while setting aside a disciplinary proceedings against a lawyer, has asked ‘how Disciplinary Committee consisting of members, who were .....

Tags : Supreme Court, disciplinary proceedings, Bar Council of India

read»

Delhi HC Reserves Order on Swaraj India’s Plea on Denial of Common Symbol(24.03.2017)

Delhi High Court has reserved its order on a plea by activist-turned-politician Yogendra Yadav’s Swaraj India, challenging Delhi State Election Commis.....

Tags : Delhi High Court, Common Symbol, Swaraj India

read»

Kerala High Court Dismisses Plea Challenging Bank Merger(27.03.2017)

Kerala High Court has dismissed a batch of Public Interest Petitions challenging decision of State Bank of India (SBI) to acquire State Bank of Travan.....

Tags : Kerala High Court, State Bank of India

read»

Reserve Bank of India to Allow Exchange of Rs 4500 in Old Notes in Nepal(27.03.2017)

Reserve Bank of India (RBI) will allow exchange of up to Rs 4,500 in banned Indian currency notes to each Nepali national.

Tags : Reserve Bank of India, Demonetisation

read»

CCI Imposes Rs 591.1 Crore Fine on CIL, Subsidiaries For Unfair Trade Practices(27.03.2017)

Competition Commission of India (CCI) has imposed a penalty of Rs. 591.1 crore on CIL (Coal India Ltd) and its subsidiaries for indulging in unfair/ d.....

Tags : Competition Commission of India, Coal India

read»

LCI 267th Report: Panel Calls For Wider `Incitement' Definition to Curb 'Hate Speech'(27.03.2017)

Law Commission of India (LCI) in its 267th Report has recommended introducing more provisions in Indian Penal Code (IPC) and Code of Criminal Procedur.....

Tags : Law Commission of India, Hate Speech

read»

LCI 266th Report: Panel Moots For Banning Strikes by Lawyers, Calls For Amending Advocates Act(27.03.2017)

Law Commission of India (LCI) in its 266th Report has recommended to Centre to amend law to ban strikes by lawyers which had reached "terrifying propo.....

Tags : Law Commission of India, Advocates Act

read»

SEBI Bans Reliance Industries, Others From Equity Derivative Market For 1 Year(27.03.2017)

Securities and Exchange Board of India (Sebi)has barred Reliance Industries Ltd (RIL) and 12 other entities from dealing in equity derivatives futures.....

Tags : Securities and Exchange Board of India, Reliance Industries

read»

Delhi High Court Rejects Swaraj India's Plea For Common Symbol to Contest MCD Elections(30.03.2017)

Delhi High Court has dismissed a case by Yogendra Yadav-led, Swaraj India, challenging Delhi State Election Commission’s decision to not allot the par.....

Tags : Delhi High Court, Swaraj India, MCD Polls

read»

Punjab & Haryana HC Seeks Air India Response on Route Change For Amritsar-Birmingham Flight(30.03.2017)

Punjab and Haryana High Court has asked Air India to explain and produce relevant record pertaining to circumstances under which it changed route of A.....

Tags : Punjab and Haryana High Court, Air India, Amritsar-Birmingham flight

read»

RBI: Banks to Remain Closed on April 1(31.03.2017)

Reversing its earlier order, Reserve Bank (RBI) has said that the bank branches dealing in government businesses need not remain open on April 1 in vi.....

Tags : Reserve Bank of India, April 1

read»

Status Quo on MDR: RBI(31.03.2017)

RBI has said that its mid-December 2016 ‘special measures’ on rationalisation of merchant discount rate (MDR) will continue whereby MDR for transactio.....

Tags : Reserve Bank of India, merchant discount rate

read»

ECI Tightens Poll Code Norms for Electronic and Print Media(31.03.2017)

Election Commission of India (ECI) has tightened poll code norms for electronic and print media by disallowing poll outcome forecasts by political ana.....

Tags : Election Commission of India, poll code norms

read»

MCA Relaxes Norms for M&A Deals Clearance by CCI(31.03.2017)

Ministry of Corporate Affairs (MCA) has eased the criteria for notifying Mergers and Acquisitions (M&A) deals to the Competition Commission of India (.....

Tags : Ministry of Corporate Affairs, Competition Commission of India

read»

Delhi HC Refuses Common Symbol to Swaraj India in the MCD polls(03.04.2017)

Delhi High Court has rejected the Yogendra Yadav-led Swaraj India’s plea for allotting a common symbol to its candidates in the upcoming MCD elections.....

Tags : Delhi HC, Swaraj India

read»

CCI Approves NBCC's Takeover of Hindustan Steelworks Construction(04.04.2017)

Competition Commission of India (CCI) has approved the proposal of NBCC India Ltd to acquire Hindustan Steelworks Construction Ltd.

Tags : Competition Commission of India, NBCC India Ltd., Steelworks Construction Ltd.

read»

Allahabad HC: Food and Food Habits Part of Right To Life(05.04.2017)

Allahabad High Court while hearing a petition filed by retail meat shop owner to renew his licence has held that food, food habits and vending thereof.....

Tags : Allahabad High Court, Constitution of India, Right to life

read»

TRAI Directs Reliance Jio to Withdraw 15-days Extension on Jio Prime plan(07.04.2017)

Telecom Regulatory Authority of India (TRAI) has directed Reliance Jio to withdraw 15-days extension on Jio Prime plan.

Tags : Telecom Regulatory Authority of India, Jio Prime, Reliance Jio

read»

Supreme Court: BCI Cannot Remand Back The Complaints Transferred To It By State Bar Councils(07.04.2017)

Apex Court has held that the Bar Council of India (BCI) cannot remand back a complaint which is transferred to it by the State Bar Council.

Tags : Supreme Court, Bar Council of India

read»

Bombay HC Grants No Relief to Zee in Copyright Case on Kid's Talent Show 'India’s Best Dramebaaz'(10.04.2017)

Bombay High Court has refused to grant any relief to Zee Entertainment Enterprises Ltd and dismissed the notice of motion in a commercial suit filed a.....

Tags : Bombay High Court, India’s Best Dramebaaz, Zee, Sony

read»

CCI Gives Nod to Acquisition of Reliance Retail's Dairy Business by Heritage Foods(11.04.2017)

Competition Commission of India (CCI) has approved acquisition of Reliance Retail's dairy business by Heritage Foods, owned by Andhra Chief Minister N.....

Tags : Competition Commission of India, Heritage Foods

read»

Delhi High Court Upholds Constitutionality of CCI's 'Confidentiality Regulations'(13.04.2017)

Delhi High Court has rejected ‘constitutionality’ challenge against Regulation 35 and proviso to Regulation 37(1) of Competition Commission of India (.....

Tags : Delhi High Court, Confidentiality Regulations, Competition Commission of India

read»

Madras High Court Orders Status Quo on Service Conditions of Migrant Bank Employees(13.04.2017)

Madras High Court has ordered status quo on service conditions linked to terminal benefits, pension and seniority of migrant employees of five banks w.....

Tags : Madras High Court , State Bank of India

read»

Delhi HC: Why Should Speaker of Legislative Assembly Fight For Secretary(13.04.2017)

Delhi High Court has asked Speaker Ram Niwas Goel whether Legislative Assembly would collapse in absence of the its present Secretary PK Suryadevara, .....

Tags : Delhi High Court, Legislative Assembly, All India Radio

read»

RBI Revises Norms For Action Against Weak Banks(14.04.2017)

Reserve Bank of India (RBI) has tightened rules that trigger regulatory action on lenders when they fall short of capital or exceed bad loan limits.

Tags : Reserve Bank of India, Weak Banks

read»

Delhi High Court Seeks Medical Record of Accident Victim Forcibly Discharged From Hospital(20.04.2017)

Delhi High Court has directed All India Institute of Medical Science to furnish medical records of 18-year-old accident victim, Sunil, whose sister ha.....

Tags : Delhi High Court, All India Institute of Medical Science

read»

Bombay HC Upholds Divorce on Grounds of Cruelty, Says 'False Complaint U/S 498A Amounts to Cruelty'(24.04.2017)

Bombay High Court has upheld order of a Family Court dissolving a marriage between a couple who had been married since 1987, on grounds that act of th.....

Tags : Bombay High Court, 498A, Indian Penal Code, Cruelty, Divorce

read»

MCI to Medical Practitioners: Say 'No' to Brand Name Drugs, Say 'Yes' to Generic Drugs(24.04.2017)

Medical Council of India (MCI), while asking all registered Medical Practitioners to ensure that they prescribe drugs with generic names only, has war.....

Tags : Medical Council of India, Generic Drugs

read»

Supreme Court Notices Army, Centre Over Plea to Review Sahayak System(25.04.2017)

Supreme Court has issued notices to Indian Army and Centre on a plea seeking a review of Sahayak system and its alleged misuse.

Tags : Supreme Court, Sahayak System, Indian Army

read»

Bombay High Court: Complainant Can’t Pick & Choose Accused As Per Convenience(25.04.2017)

Bombay High Court while refusing to quash an FIR registered u/s 420, 406, 467, 471 and 34 of IPC, has held that complainant cannot pick and choose an .....

Tags : Bombay High Court, Indian Penal Code, Accused

read»

Bombay HC to Law Colleges: Complete Admission Process Without BCI's Consent, Approval(28.04.2017)

Bombay High Court has directed completion of admission process to law colleges for this academic year within stipulated time without Bar Council of In.....

Tags : Bombay High Court, Bar Council of India, Law Admission

read»

Justice Karnan Orders Bans on Foreign Travel of CJI & Seven Supreme Court Judges(01.05.2017)

Calcutta High Court Judge Justice C S Karnan has directed “Air Control Authority, New Delhi,” not to permit Chief Justice of India J S Khekar and seve.....

Tags : Justice C S Karnan, Chief Justice of India

read»

RBI: Banks Cannot Refuse to Accept Scribbled, Coloured, Faded Bank Notes(01.05.2017)

Reserve Bank of India (RBI) has clarified by its notification dated 25th April 2017 that bank branches cannot refuse to accept scribbled/coloured/fade.....

Tags : Reserve Bank of India, Scribbled, Coloured, Faded Bank Notes

read»

#Breaking on Nirbhaya Case: SC Upholds Capital Punishment for Convicts in 2012 Delhi Gang Rape Case(05.05.2017)

Supreme Court of India has upheld Death penalty of all four convicts in December 16, 2012 gang rape and murder.

Tags : Supreme Court of India , Nirbhaya Case

read»

Supreme Court Cuts Competition Commission's Penal Powers(09.05.2017)

Supreme Court has upheld an order by Competition Appellate Tribunal (Compat) that penalties imposed by Competition Commission of India (CCI) on compan.....

Tags : Supreme Court, Competition Commission of India

read»

SC Awards 6 Months Jail Term to J. Karnan For Contempt, Prohibits Media Reporting of His Statements(09.05.2017)

Supreme Court has held Calcutta HC Judge CS Karnan guilty of Contempt of Court and sentenced him to six months in jail and asserted that its order nee.....

Tags : Justice C S Karnan, Chief Justice of India

read»

CCI Orders Probe Against Telecom Giants for 'Cartelisation'(12.05.2017)

Competition Commission of India (CCI) has ordered a probe of telecom majors, Bharti Airtel, Vodafone India and Idea Cellular, for allegedly trying to .....

Tags : Competition Commission of India, Bharti Airtel, Vodafone India, Idea Cellular, Jio

read»

Calcutta HC: Larger Bench to Decide Upon Power to Settle Dispute Between Consumer, Tele Company(18.05.2017)

Calcutta High Court has directed the formation of a larger Bench to decide whether a dispute between a consumer and a private basic or cellular teleph.....

Tags : Calcutta High Court, Indian Telegraph Act

read»

Delhi High Court Says 'No' to Audit of India Against Corruption Accounts(18.05.2017)

Delhi High Court has dismissed a plea seeking an audit of accounts of India Against Corruption (IAC), an anti-corruption movement spearheaded by Anna .....

Tags : Delhi High Court, India Against Corruption

read»

International Court of Justice: Pak Must Ensure Jadav is Not Executed(18.05.2017)

International Court of Justice at Hague stays execution of Kulbhushan Yadav. Says, "India has right to consular access".

Tags : International Court of Justice, Kulbhushan Jadhav, India, Pakistan

read»

Supreme Court Puts on Hold Grant of Rs.55.5 Lakh Compensation to Injured Air Warrior(24.05.2017)

Supreme Court has stayed award by Delhi High Court of Rs.55.5 lakh to a Wing Commander in Indian Air Force, who sued Ministry of Defence and Hindustan.....

Tags : Supreme Court, Indian Air Force

read»

Madhya Pradesh High Court Acquits Man 10 Years After His Death(25.05.2017)

Madhya Pradesh High Court has acquitted a deceased person from charges under sections 294 and 506 II of IPC due to lack of evidence.

Tags : Madhya Pradesh High Court, Indian Penal Code, Acquittal

read»

LCI 268th Report on Bail Provisions: Reduce Incarceration Period for Unconvicted Undertrials(25.05.2017)

Law Commission of India in its 268th report related to bail system, made significant suggestions to change bail provisions keeping in mind that poor p.....

Tags : Law Commission of India, bail provisions, 268th report

read»

Islamabad High Court Allows Indian Girl 'Forced to Marry at Gun Point' to Return Home(25.05.2017)

Islamabad High Court has allowed Indian national Uzma, who has accused her Pakistani husband of marrying her at gunpoint, to return to India and has a.....

Tags : Islamabad High Court, Indian national, Uzma

read»

TRAI Says 'No' to Discriminatory Tariffs to Subscribers in Same Class(26.05.2017)

Telecom Regulatory Authority of India (TRAI) has directed operators not to provide discriminatory tariffs to subscribers in same class.

Tags : Telecom Regulatory Authority of India, Discriminatory Tariff

read»

CCI Approves Tata acquisition of Docomo Stake in Tata Teleservices(26.05.2017)

Competition Commission of India (CCI) has approved Tatas’ purchase of 21.63% stake in group firm Tata Teleservices from Japan’s NTT Docomo, taking lon.....

Tags : Competition Commission of India, Docomo

read»

Government Tweaks Startup Definition, Allows SIAP Benefit to Business Not Older Than 7 Years(26.05.2017)

Government has introduced minor changes to the startup definition, saying a business not older than seven years will now qualify for benefits under St.....

Tags : Startup India Action Plan, startup

read»

Supreme Court to Punjab Government: Reconsider Rural Medical Officers Incentive(26.05.2017)

Supreme Court has directed Punjab Government to reconsider incentive to be given to Rural Medical Officers afresh by keeping in mind the objective wit.....

Tags : Supreme Court, Rural Medical Officers, Medical Council of India Regulations

read»

Supreme Court to Punjab: Reconsider Incentive to be Given to Rural Medical Officers(29.05.2017)

Supreme Court has directed Punjab Government to reconsider incentive to be given to Rural Medical Officers afresh by keeping in mind objective with wh.....

Tags : Supreme Court, Rural Medical Officers, Medical Council of India Regulations

read»

Kerala HC: AIIMS Dress Code Prohibiting Headgear, Scarf For MBBS Entrance Test Unconstitutional(29.05.2017)

Kerala High Court has allowed challenge to dress code prescribed by All India Institute of Medical Sciences (AIIMS) for MBBS entrance examination.

Tags : Kerala High Court, All India Institute of Medical Sciences. Dress Code

read»

IRDA Specifies Procedure to be Followed to Deal with Resignation of ISPs of IMFs(29.05.2017)

Insurance Regulatory and Development Authority of India has issued procedure to be followed to deal with resignation of ISPs of IMFs which says that s.....

Tags : Insurance Regulatory and Development Authority of India, Insurance Sales Persons (ISPs), Insurance Marketing Firms (IMFs)

read»

RBI Issues Norms for Partial Credit Enhancement to Corporate Bonds(29.05.2017)

Reserve Bank of India has issued norms for Partial Credit Enhancement to Corporate Bonds making it mandatory for corporate bonds to have rating by a m.....

Tags : Reserve Bank of India, Partial Credit Enhancement

read»