Tags : Toy imports, Make in India, Positive results
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International Trade Settlement in Indian Rupees(11.07.2022)
1. In order to promote growth of global trade with emphasis on exports from India and to support the increasing interest of global trading community i.....
Tags : International Trade, Settlement, Indian Rupees
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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
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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.
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Union Cabinet approves contract signing with L&T for three Cadet Training Ships, worth over Rs. 3,100 crore, under Buy (Indian-IDDM) category(01.03.2023)
The Union Cabinet has accorded approval to sign a contract with Larsen & Toubro Limited (L&T) for acquisition of three Cadet Training Ships, at an ove.....
Tags : Approval, Contract, Indian-IDDM
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Appointment of Election Officer to conduct 13th council elections of Indian Institute of Insurance Surveyors and Loss Assessors for 1/3rd members who are due to retire on 28th July 2021(24.05.2021)
Authority hereby appoints Ms. Nimisha Srivastava, DGM, IRDAI as the Election Officer for conducting the 13th Council Elections for 1/3rd vacancy arisi.....
Tags : Indian Institute of Insurance Surveyors and Loss Assessors, Election Officer
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Ministry of I and B inks partnership with Amazon India in the field of Media, Entertainment and Public Awareness(05.04.2023)
Union Minister of Information & Broadcasting Shri Anurag Thakur today announced a partnership between the Ministry of Information & Broadcasting and A.....
Tags : Partnership, Amazon India
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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
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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
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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
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Reserve Bank of India imposes monetary penalty on Indian Bank(20.11.2019)
The Reserve Bank of India (RBI) has imposed, by order dated November 18, 2019, monetary penalty of Rupees One crore on Indian Bank (the bank) for non-.....
Tags : Penalty, Imposition, Indian Bank
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Bureau of Indian standards (BIS) Act, 2016 brought into force with effect from 12th October, 2017(14.10.2017)
A new Bureau of Indian standards (BIS) Act 2016 which was notified on 22nd March, 2016, has been brought into force with effect from 12th October, 201.....
Tags : Act, Enforcement, Indian Standard, Bureau
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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
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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
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News
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
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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.
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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.
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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.
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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
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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
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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»
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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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»
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
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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»
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
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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
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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
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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
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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
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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
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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.
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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 (
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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»
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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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 )
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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,
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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CIC Directs RBI To Appoint Nodal CPIO(14.06.2017)
Central Information Commission (CIC) has directed Reserve Bank of India to appoint a Nodal Central Public Information Officer (CPIO), in addition to c.....
Tags : Central Information Commission, Reserve Bank of India
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Govt Notifies New Exemptions to Private Ltd Companies(15.06.2017)
Govt has notified exemption to Pvt Ltd Companies which says that exceptions, modifications and adaptations provided in it shall be applicable to a com.....
Tags : Government of India, Companies Act, 2013
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SEBI Tightens Disclosure Norms, Imposes Hefty Penalty for Non-compliance(16.06.2017)
Securities and Exchange Board of India (SEBI) has tightened compliance norms by levying hefty penalty of up to Rs. 1 crore and provision to prosecute .....
Tags : Securities and Exchange Board of India, disclosure norms
read»
Supreme Court: Women Sacrificing Love for Parents Common in India(19.06.2017)
Supreme Court, while setting aside conviction & life sentence of a man who had survived a pact with a woman to commit suicide immediately after secret.....
Tags : Supreme Court, India
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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)
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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
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RBI Revises Guidelines on Rationalization of Branch Authorization Policy(29.05.2017)
Reserve Bank of India (RBI) has liberalised Branch Authorization Policy and has also widened role of bank boards, making them responsible for complyin.....
Tags : Reserve Bank of India, Branch Authorization Policy
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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
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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
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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
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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
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CCI: Movie Producers Have Right to Choose Digital Cinema Provider(29.06.2017)
Competition Commission of India has said there was no contravention of S. 3 & 4 of Competition Act on part of producers for entering into an agreement.....
Tags : Competition Commission of India, Competition Act
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Kurnool Consumer Court Orders 4.5 lakh Compensation to Patient for Kidney Removal Without Consent(29.06.2017)
Karnool District Consumer Forum has ordered Indian Medical Association based in Hyderabad, to pay Rs 4.5 lakh as compensation and medical expenses to .....
Tags : Karnool District Consumer Forum, Indian Medical Association
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LCI 269th Report on Poultry Birds: New Rules to Stop Cruel Practices Against Egg-laying Hens(04.07.2017)
Law Commission of India has submitted its 269th Report titled 'Transportation and House-keeping of Egg-laying hens (layers) and Broiler Chickens' sugg.....
Tags : Law Commission of India, 269th report
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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
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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
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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
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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
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Supreme Court: Spell Out Stand on Panel Regulating MCI(18.07.2017)
Supreme Court has given Centre until Tuesday to spell out its stand on status of Oversight Committee (OC), constituted by the apex court last year to .....
Tags : Supreme Court, Medical Council of India
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Lahore High Court Lifts Ban on Airing of Indian Content on Television(19.07.2017)
Lahore High Court has lifted the ban placed on Indian serials being aired in Pakistan by Pakistan Electronic Media Regulatory Authority (PEMRA).
Tags : Lahore High Court, Indian serials
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SC Notices RBI, FM Over Plea For Exchange of Old Notes Found in Dead Parents’ Bank Locker(24.07.2017)
Supreme Court has issued notice to RBI and Finance Ministry on a fresh plea seeking permission to deposit Rs 60 lakh in old notes which were lying in .....
Tags : Supreme Court, Demonetised Notes, Reserve Bank of India
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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
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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
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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
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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
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#Timely Payment of Salaries in Pvt Eng Colleges: Supreme Court Asks AICTE to Take a Call(02.08.2017)
Supreme Court has directed All India Council for Technical Education (AICTE) to decide on issue of regularizing and ensuring timely payment of salarie.....
Tags : Supreme Court, All India Council for Technical Education
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#RBI Monetary Policy: Repo Rate, Reverse Repo Cut by 25 bps(02.08.2017)
Reserve Bank of India (RBI) has reduced its repo rate by 25 bps to 6% and the reverse repo rate by 25 bps to 5.75%.
Tags : Reserve Bank of India, Monetary Policy
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Delhi High Court: “Rules of Game Cannot be Changed After Game is Over”(04.08.2017)
Delhi High Court has reiterated the settled position of law that selection criteria cannot be changed after admission process is over, while hearing p.....
Tags : Supreme Court, Indian Oil Corporation Ltd.
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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
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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
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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
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SC Issues Notice to Air India for Denying Job to Transgender(07.11.2017)
Supreme Court has issued notice to Air India and the Civil Aviation Ministry on a petition by a transgender who said she was denied a cabin crew job b.....
Tags : Supreme Court, Air India, Transgender, Civil Aviation Ministry
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Delhi HC Quashes Praful Patel’s Appointment as President of All India Football Federation(07.11.2017)
Delhi High Court has set aside the election of the office-bearers of the All India Football Federation, including its President Mr. Praful Patel, whil.....
Tags : Delhi High Court, All India Football Federation, Mr. Praful Patel, S.Y. Quraishi
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IRDAI: Link All Your Insurance Policies to Aadhaar and PAN(09.11.2017)
Insurance Regulatory and Development Authority of India (IRDAI) has directed and made it mandatory for companies to link Aadhaar and PAN with every in.....
Tags : Insurance Regulatory and Development Authority of India
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Supreme Court: Cases for Early Hearing Can Only Be Listed Before Chief Justice(13.11.2017)
Supreme Court’s registry has issued an administrative order saying that lawyers can only ask the Chief Justice of India (CJI) to list their cases for .....
Tags : Supreme Court, Chief Justice of India
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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
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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
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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
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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
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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
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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
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Rajya Sabha Passes Indian Institute of Petroleum and Energy Bill, 2017(28.12.2017)
Rajya Sabha has passed a bill that provides for establishing Indian Institute of Petroleum and Energy (IIPE) in Andhra Pradesh to impart high quality .....
Tags : Rajya Sabha, Indian Institute of Petroleum and Energy Bill
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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
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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
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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
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Competition Commission of India Fines Aditya Birla Group Firm Grasim for Bid Rigging(06.10.2017)
Competition Commission of India has imposed fines totalling Rs 6.27 crore on Aditya Birla group firm Grasim Industries and two others for bid rigging .....
Tags : Competition Commission of India, Bid Rigging, Aditya Birla Group
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Insolvency and Bankruptcy Board of India Relaxes Norms for Information Utilities(06.10.2017)
Insolvency and Bankruptcy Board of India has relaxed norms for information utilities, paving way for Indian companies listed on the stock exchanges to.....
Tags : Insolvency and Bankruptcy Board of India, Information Utilities
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Supreme Court to Maharashtra DGP: Hand Over Amby Valley Project to Official Liquidator(13.10.2017)
Supreme Court has asked Maharashtra DGP to hand over Sahara’s flagship project Amby Valley to Bombay High Court official liquidator for auction after .....
Tags : Supreme Court, Sahara India, Aamby Valley
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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
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Supreme Court Directs NGO to File Short Submissions Over Irregularities in Aircraft Purchase(22.08.2017)
Supreme Court has asked an NGO, which has alleged "serious irregularities" in purchase or hiring of 111 aircraft for Air India in 2005-06, to give sho.....
Tags : Supreme Court, Air India
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Indian Patent Office Grants Pfizer Patent for Pneumonia Vaccine(23.08.2017)
India’s Patent Office has granted US pharmaceutical company Pfizer Inc. a patent for its pneumonia vaccine Prevnar 13, despite opposition from the hea.....
Tags : Indian Patent Office, Pfizer, Pneumonia
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Supreme Court Rejects Plea Against Justice Misra For Non-Prosecution(28.08.2017)
Supreme Court has dismissed a petition mentioned before it for urgent hearing seeking a declaration that Justice Dipak Misra be disqualified from bein.....
Tags : Supreme Court, Chief Justice of India
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Justice Dipak Misra Sworn In As 45th Chief Justice Of India(28.08.2017)
Justice Misra was sworn in as the 45th Chief Justice of India at a brief ceremony in the Darbar Hall of Rashtrapati Bhavan. President Ram Nath Kovind .....
Tags : Chief Justice Of India
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Supreme Court Refuses E-auction of Media Rights of IPL Matches(29.08.2017)
Supreme Court has said that it was not inclined to change the method for the upcoming auction of media rights for Indian Premier League (IPL).
Tags : Supreme Court, Indian Premier League
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Delhi High Court Restores All India Carrom Federation(01.09.2017)
Delhi High Court has empowered All India Carrom Federation (AICF), elected on November 29, 2015, to function and recalled the earlier order that resul.....
Tags : Delhi High Court, All India Carrom Federation
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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
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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
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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
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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
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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
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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
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[READ LETTER] Four Supreme Court Judges Release Letter Detailing Complaint over Judicial Procedure(12.01.2018)
In an unprecedented move, four senior Supreme Court judges called a press conference to express their displeasure with the Chief Justice of India (CJI.....
Tags : Supreme Court, Chief Justice of India
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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
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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
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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
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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
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CCI Rejects Complaint Against Coal India(07.02.2018)
Competition Commission of India has dismissed allegations of unfair business practices against state-owned Coal India Ltd (CIL) with regard to sale of.....
Tags : Competition Commission of India, Coal India
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,
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AP High Court Fixes Remuneration of Hyderabad Cricket Association CoA at Rs. 1 Lakh Per Day(17.10.2017)
Telangana and Andhra Pradesh High Court has agreed to a proposal submitted by the Board of Control for Cricket in India and Hyderabad Cricket Associat.....
Tags : Telangana and Andhra Pradesh High Court, Hyderabad Cricket Association, Board of Control for Cricket in India
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Bombay High Court: INC Cannot Grant Recognition to Institutes Imparting Nursing Training in a State(27.10.2017)
Bombay High Court has held that Indian Nursing Council (INC) has no authority to grant recognition to institutes imparting nursing training in a state.....
Tags : Bombay High Court, Indian Nursing Council
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Delhi HC Slams MCI’s Ethics Committee For Debarring Cardiology Professor Without Proper Probe(31.10.2017)
Delhi High Court has slammed the Ethics Committee of Medical Council of India (MCI) for debarring a Professor of Cardiology from undertaking any post .....
Tags : Delhi High Court, Medical Council of India
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LCI 273rd Report: Law Panel Moots Life Term for Torture(31.10.2017)
Law Commission of India in it’s 273rd Report recommended the implementation of ‘United Nations Convention against Torture and other Cruel, Inhuman and.....
Tags : Law Commission of India, 273rd report
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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
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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
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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
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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
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IRDAI Bars Insurers from Rejecting Claims Based on Genetic Disorders(22.03.2018)
Insurance Regulatory and Development Authority of India (Irdai) has sent directives to all General and Health insurers to not include ‘Genetic Disorde.....
Tags : Insurance Regulatory and Development Authority of India
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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)
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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
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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
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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
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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»
LCI 274th Report: Not Necessary to Make Any Amendment to Contempt of Court Act(19.04.2018)
Law Commission of India has submitted the 274th report titled “Review Of Contempt Of Court Act 1971 (Limited To S.2 Of The Act)” to the Ministry of La.....
Tags : Law Commission of India, Contempt of Court Act
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LCI 275th Report: Make BCCI an Answerable Public Body, Bring it Under RTI Ambit(19.04.2018)
Law Commission of India has recommended to the Centre that the Board of Control for Cricket in India (BCCI) be classified as a national sports federat.....
Tags : Law Commission of India, BCCI
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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
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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
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RBI Refuses to Extend Deadline for PPIs to Complete Customer Verification(27.02.2018)
Reserve Bank of India (RBI) has refused to extend the 28 February deadline for prepaid payment instruments (PPIs) such as mobile wallets to complete k.....
Tags : Reserve Bank of India, prepaid payment instruments, know-your-customer
read»
Supreme Court Admits Plea Seeking Implementation of Lodha Reforms on Badminton Association of India(05.03.2018)
Supreme Court has admitted a petition seeking the ouster of ministers like Himanta Biswa Sarma as office-bearers of the Badminton Association of India.....
Tags : Supreme Court, Badminton Association of India
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CCI Imposes Rs 54 cr Penalty on Jet, SpiceJet, IndiGo for Fixing Fuel Surcharge(08.03.2018)
Competition Commission of India (CCI) has imposed a penalty of over Rs 54 crore on Jet Airways, SpiceJet and IndiGo for fixing fuel surcharge, after t.....
Tags : Competition Commission of India, Coal India
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
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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
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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
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Delhi High Court Asks Air India To Release Salary Of Pilot Grounded In 2016(11.04.2018)
Delhi High Court has directed national carrier Air India to release the salary of a pilot, who was grounded in 2016 after being allegedly tested posit.....
Tags : Delhi High Court, Air India
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Delhi HC Reduces Sentence Imposed on Man Who Killed Five(16.04.2018)
Delhi High Court has reduced the sentence imposed upon an Indian Reserve Battalion Constable who had shot dead five of his colleagues for trying to so.....
Tags : Delhi High Court, Indian Reserve Battalion Constable, sudden provocation
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
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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
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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
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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
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Jharkhand High Court Quashes Ban on Popular Front of India(28.08.2018)
Jharkhand High Court has quashed the State Government’s notification passed under section 16 of Criminal Law Amendment Act, 1908 declaring the Popular.....
Tags : Jharkhand High Court, Popular Front of India
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CBDT Notifies Income Tax Exemption to Press Trust of India(06.09.2018)
Central Board of Direct Taxes (CBDT) has notified Income Tax Exemption to Press Trust of India.
Tags : Income Tax, Press Trust of India
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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
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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
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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
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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
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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
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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
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Creation of All India Judicial Services can't be Done by Judicial Order: Supreme Court(03.12.2018)
Supreme Court has refused to entertain a Public Interest Litigation (PIL) petition seeking creation of All India Judicial Services for recruitment of .....
Tags : Supreme Court, All India Judicial Services
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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
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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
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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
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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
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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
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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
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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
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Bombay High Court Junks MCA Plea Against Shifting of India-West Indies ODI to Brabourne(25.10.2018)
Bombay High Court has dismissed a petition filed by the Mumbai Cricket Association (MCA) against the BCCI’s decision to shift the October 29 India-Wes.....
Tags : Bombay High Court, India-West Indies ODI
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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
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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
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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
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NCLT Clears Way for Liquidation of Moser Baer India(25.09.2018)
National Company Law Tribunal has allowed insolvency proceedings against debt-ridden Moser Baer India, a manufacturer of CDs and DVDs.
Tags : NCLT, Moser Baer India
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Indian Oil Corporation Can’t Claim ITC on GST Paid on Railway Freight for Transportation of ATF: AAR(27.09.2018)
Authority for Advance Rulings, West Bengal has held that the Indian Oil Corporation is not eligible to avail Input Tax Credit (ITC) on the GST paid on.....
Tags : Cabinet, Indian Oil Corporation
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Raise Qualifying Marks for Pursuing Medical Courses Abroad: Madras High Court to MCI, Centre(01.10.2018)
Madras High Court has asked the Medical Council of India (MCI) to raise the minimum qualifying marks for foreign medical education aspirants and restr.....
Tags : Madras High Court, Medical Council of India
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Kerala HC Directs Indian Railways to Accept Lawyers’ ID Card as Valid Proof for Train Journey(01.10.2018)
Kerala High Court has directed the Indian Railways to treat identity cards issued to lawyers by respective Bar councils as a valid identity proof to u.....
Tags : Kerala High Court, Indian Railways
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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
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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
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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
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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
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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
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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’
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Delhi HC Refuses to Restrain India TV Journalist from Joining Rival News Channel(06.02.2019)
Delhi High Court has dismissed an injunction application filed by Independent News Service Pvt. Ltd. (INSPL), to restrain Sucherita Kukreti, newsreade.....
Tags : Delhi High Court, India TV
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CRIMINAL - Orissa HC Rejects Bail Plea Of 'Good News India' Chairman Accused of Sexually Abusing Children(25.02.2019)
Orissa High Court has rejected bail applications filed by Dr. Fayaz Rahman, Founder and Chairman Good News India, and Udit Kumar Lima, Asst. Project D.....
Tags : Orissa High Court, Good News India
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CRIMINAL - Orissa HC Rejects Bail Plea Of 'Good News India' Chairman Accused of Sexually Abusing Children(25.02.2019)
Orissa High Court has rejected bail applications filed by Dr. Fayaz Rahman, Founder and Chairman Good News India, and Udit Kumar Lima, Asst. Project D.....
Tags : Orissa High Court, Good News India
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CRIMINAL - Madras HC Issues Ultimatum to External Affairs Ministry Regarding Sailors Missing in Russian Waters(28.02.2019)
Madras High Court has warned secretary to external affairs ministry to submit a report on efforts taken to rescue missing Indian sailors in Russian wa.....
Tags : Madras High Court, Indian Sailors Missing in Russian Waters
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MRTP/ COMPETITION LAWS - CCI Clears SoftBank’s 22.44% Stake Buy in Delhivery(28.02.2019)
Competition Commission of India (CCI) has said it has approved acquisition of 22.44 % stake in logistics firm Delhivery by SoftBank Vision Fund.
Tags : Competition Commission of India, Delhivery, SoftBank Vision Fund
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CIVIL - Madras HC Issues Ultimatum to External Affairs Ministry Regarding Sailors Missing in Russian Waters(28.02.2019)
Madras High Court has warned secretary to external affairs ministry to submit a report on efforts taken to rescue missing Indian sailors in Russian wa.....
Tags : Madras High Court, Indian Sailors Missing in Russian Waters
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CIVIL - Delhi HC Directs Pakistan Woman to Leave India Within 2 Weeks(01.03.2019)
Delhi High Court has dismissed plea of woman seeking quashing of the government's ''leave India notice'', and directed her to leave India within two w.....
Tags : Delhi High Court, Pakistan Woman, Leave India Notice
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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
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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
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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
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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
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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
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FSSAI is Independent Authority and CAT has No Jurisdiction Over It: CAT(24.04.2019)
Central Administrative Tribunal has said that Food Safety & Standard Authority of India (FSSAI) is an independent statutory authority and unless a spe.....
Tags : Central Administrative Tribunal, Food Safety & Standard Authority of India (FSSAI)
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SC Asks Lawyer for Proof on Claim of Conspiracy to Frame CJI(24.04.2019)
Supreme Court has asked a Punjab-based lawyer to furnish material in support of his claim that there was a conspiracy to frame Chief Justice Ranjan Go.....
Tags : Supreme Court, Chief Justice of India, Sexual Harassment
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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
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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
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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
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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
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NCLAT Sets Aside NCLT’s Insolvency Order Against ECL(15.02.2019)
National Company Law Appellate Tribunal (NCLAT) has set aside an order by Kolkata bench of National Company Law Tribunal which allowed initiation of i.....
Tags : NCLAT, NCLT, Coal India
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CIVIL - Madras HC Seeks External Affairs Ministry’s Response on Indian Sailors Missing in Russian Waters(21.02.2019)
Madras High Court has sought response of external affairs ministry on steps it has taken to find missing Indian sailors in Russian waters.
Tags : Madras High Court, Indian Sailors Missing in Russian Waters
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CRIMINAL - Orissa HC Rejects Bail Plea Of 'Good News India' Chairman Accused of Sexually Abusing Children(25.02.2019)
Orissa High Court has rejected bail applications filed by Dr. Fayaz Rahman, Founder and Chairman Good News India, and Udit Kumar Lima, Asst. Project D.....
Tags : Orissa High Court, Good News India
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
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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
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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
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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
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Delhi HC Upholds Eviction Order to Aero Club of India(12.07.2017)
Delhi High Court has asked Aero Club of India, the apex body of all flying clubs in India to be in unauthorised occupation of a land it was granted 30.....
Tags : Delhi High Court, Aero Club of India
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Delhi High Court Grants Anticipatory Bail to Air India Pilot Who Eluded Breath Analyser Test(01.07.2019)
Delhi High Court has granted anticipatory bail to an Air India pilot who was suspended for allegedly violating aircraft rules, including evading a bre.....
Tags : Delhi High Court, Air India Pilot
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Madras High Court Restrains AAI From Taking Up Construction Work in Coimbatore(30.05.2017)
Madras High Court has restrained Airports Authority of India (AAI) from proceeding with any construction work on more than 100 acres of land acquired .....
Tags : Madras High Court, Airports Authority of India
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Government Notifies Merger of COMPAT with NCLAT(30.05.2017)
Government of India (GoI) has notified May 26, 2017 as the day on which appeals that were previously being heard by Competition Appellate Tribunal (CO.....
Tags : Government of India, Competition Appellate Tribunal, National Company Law Appellate Tribunal
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Delhi High Court Rejects 'Make In India' Notification Giving Preference to Indian Built Ships(04.06.2019)
Delhi High Court has rejected a notification under the 'Make in India' program, which provided preferential commercial treatment to 'Indian built ship.....
Tags : Delhi High Court, Make in India
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Competition Commission of India Levies Rs 74 Cr Fine on Himalaya Drug and Three Others(05.06.2019)
Competition Commission of India has imposed a total fine of over Rs 74 crore on Himalaya Drug Company and Intas Pharmaceuticals along with its senior .....
Tags : Competition Commission of India, Himalaya Drug
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Reserve Bank of India Removes Charges on NEFT, RTGS Transfers(07.06.2019)
Reserve Bank of India (RBI) has announced that it is waiving off charges that are applied on bank transfers carried out either by National Electronic .....
Tags : Reserve Bank of India, NEFT, RTGS
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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
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BANKING - CBI Court Convicts Ex Indian Bank CMD for Fraud(30.03.2019)
A Special CBI Court has convicted and sentenced former Indian Bank Chairman and Managing Director M Gopalakrishnan and 11 others to three years Rigoro.....
Tags : CBI Court, Ex Indian Bank CMD, M Gopalakrishnan
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CRIMINAL - CBI Court Convicts Ex Indian Bank CMD for Fraud(30.03.2019)
A Special CBI Court has convicted and sentenced former Indian Bank Chairman and Managing Director M Gopalakrishnan and 11 others to three years Rigoro.....
Tags : CBI Court, Ex Indian Bank CMD, M Gopalakrishnan
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SC Strikes Down RBI Circular on Defaulting Firms, Calls it Unconstitutional(02.04.2019)
Supreme Court has quashed a Reserve Bank of India circular of February 12, 2018, asking banks to classify a loan account as stressed if there was even.....
Tags : Supreme Court, Reserve Bank of India
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RBI Releases First Bi-Monthly Monetary Policy Statement, 2019-20(04.04.2019)
Monetary Policy Committee (MPC) of Reserve Bank of India (RBI) has announced its resolution under first bi-monthly monetary policy statement for 2019-.....
Tags : Reserve Bank of India, RBI, First Bi-monthly Monetary Policy Statement, 2019-20
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Delhi HC Tells AIIMS to Set Up Panel on Cause of Indian’s Death in Maldives(05.04.2019)
Delhi High Court has directed AIIMS to set up an expert panel to examine the forensic and post-mortem reports of a man, who died allegedly due to medi.....
Tags : Delhi High Court, Indian’s Death in Maldives
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CCI Clears Star Health Acquisition by WestBridge, Rakesh Jhunjhunwala, others(05.04.2019)
Competition Commission of India has said that it has approved a deal involving acquisition of over 90 per cent stake in Star Health and Allied Insuran.....
Tags : Competition Commission of India, Star Health, WestBridge, Rakesh Jhunjhunwala
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IBBI Notifies Inspection And Investigation Regulations(19.06.2017)
Insolvency and Bankruptcy Board of India has notified Insolvency and Bankruptcy Board of India (Inspection and Investigation) Regulations, 2017 which .....
Tags : Inspection And Investigation Regulations, Insolvency and Bankruptcy Board of India
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Insolvency And Bankruptcy Board Notifies Fast Track Insolvency Resolution Process(19.06.2017)
IBBI has notified IBBI (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017 which provide process from initiation of ins.....
Tags : Insolvency and Bankruptcy Board of India, Fast Track, Insolvency Resolution Process
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CCI Slaps Rs 87 Crore Fine on Hyundai for Unfair Discount Curbs(20.06.2017)
Competition Commission of India has imposed a penalty of Rs 87 crore on Hyundai Motor India for unfair business practices with respect to providing di.....
Tags : Competition Commission of India, Unfair Discount Curbs
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SC Rejects Justice (Retd.) CS Karnan’s Bail Plea(22.06.2017)
Supreme Court of India has rejected former Calcutta High Court Judge Justice CS Karnan’s application for bail and suspension of sentence.
Tags : Supreme Court of India, Justice CS Karnan
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RBI Widens Scope of Ombudsman Scheme, Mobile And Electronic Banking Brought Under Purview(26.06.2017)
Reserve Bank of India has widened scope of its Banking Ombudsman Scheme 2006, to include inter alia deficiencies arising out of sale of insurance/ mut.....
Tags : Reserve Bank of India, Banking Ombudsman Scheme 2006
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Reserve Bank of India to Lift All Charges on Fund Transfers via RTGS and NEFT from July 1(12.06.2019)
Reserve Bank of India has said that it will lift all charges on fund transfer through popular RTGS and NEFT systems from July 1, 2019 and asked banks .....
Tags : Reserve Bank of India, NEFT, RTGS
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Madras High Court Recognises Right of Sri Lankan Refugees to Seek Indian Citizenship(20.06.2019)
Madras High Court has noted that Centre has implied power to grant relaxation under Citizenship Act, 1955 to asylum seekers. The Court has while recog.....
Tags : Madras High Court, Indian citizenship
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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
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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
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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
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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
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Arthur Road Jail, Sanjay Dutt's Former Prison, May House Vijay Mallya Too(29.11.2017)
Arthur Road Jail, Sanjay Dutt's Former Prison, May House Vijay Mallya Too
Tags : The Westminster Magistrates' Court had earlier this month rejected India’s extradition request for a UK-based alleged bookie, on the grounds that his human rights would be violated in Delhi’s notoriously overcrowded Tihar Jail.
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Supreme Court to Hear Fresh Plea to Stall Release of Padmavati Outside India(29.11.2017)
Supreme Court to Hear Fresh Plea to Stall Release of Padmavati Outside India
Tags : Sharma alleged that grave damage will be done to social harmony if the movie is allowed to be released outside India.
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CCI Imposes Rs 52.24 Crore Penalty on BCCI(30.11.2017)
Competition Commission of India (CCI) has imposed a penalty of Rs. 52.24 crore on the Board of Control for Cricket in India (BCCI) for abuse of its do.....
Tags : Competition Commission of India, BCCI
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NCLAT Sets Aside Plea to Initiate Insolvency Proceedings Against Intex Technologies(30.10.2019)
National Company Law Appellate Tribunal (NCLAT) has dismissed a plea to initiate insolvency proceedings against smartphone and mobile accessories make.....
Tags : National Company Law Appellate Tribunal, Intex Technologies India Ltd.
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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
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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
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Delhi High Court to Indian Railways: Stop Giving Contaminated Water to Passengers(20.02.2018)
Delhi High Court has told the Indian Railways to stop giving contaminated water to passengers as their health is important.
Tags : Delhi High Court, Indian Railways
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BCI Can’t Act Like Appellate Authority Over Its Own Order While Exercising Review Powers: SC(22.02.2018)
Supreme Court has observed that Bar Council of India cannot act like an appellate authority over its own order while exercising review powers.
Tags : Supreme Court, Bar Council of India
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Securities and Exchange Board of India Confirms Ban on BMA Wealth Creators Ltd(03.01.2020)
Securities and Exchange Board of India has issued an order confirming its ban against stock broker BMA Wealth Creators Ltd., its promoters and four ot.....
Tags : Securities and Exchange Board of India, BMA Wealth Creators Ltd
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Reserve Bank of India Permits Banks to Trade in Forex Outside of Market Hours(07.01.2020)
Reserve Bank of India has said that it has permitted category–I banks to offer foreign exchange prices to users at all times, out of their Indian book.....
Tags : Reserve Bank of India, Forex
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Reserve Bank of India Revises PCA Regime for UCBs Facing Financial Stress(07.01.2020)
Reserve Bank of India has decided to revise its Supervisory Action Framework to place restrictions on urban cooperative banks (UCBs) for deterioration.....
Tags : Reserve Bank of India, PCA Regime
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RBI Allows Financial Institutions to Conduct Business in Indian National Rupee in IFSC(20.01.2020)
Reserve Bank of India has allowed the Financial Institutions to conduct businesses in Indian National Rupees in International Financial Services Centr.....
Tags : Reserve Bank of India, Financial Institutions, Business in Indian National Rupee
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Supreme Court Indicts Indian Bank for Negligence(20.01.2020)
Supreme Court has directed the Indian Bank to pay Rs. 25 lakhs as compensation to Dayanand Anglo Vedic Public School in West Bengal for negligence lea.....
Tags : Supreme Court, Indian Bank
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Competition Commission of India Approves Divestment of Reliance Jio’s Telecom Towers(21.01.2020)
Competition Commission of India has approved the divestment of Reliance Jio Infocomm Ltd’s telecom tower assets to Canada’s Brookfield Infrastructure .....
Tags : Competition Commission of India, Divestment, Reliance Jio
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Delhi HC Directs Revenue Department to Allocate Vacant Seats in PH Category to Blind Persons(21.01.2020)
Delhi High Court has directed the Central Government to identify the vacancies in the Physically Handicapped (PH) category which can be filled up by p.....
Tags : Delhi High Court,Indian Revenue Service, Allocation of Vacant Seats in Physically Handicapped Category
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Reserve Bank of India Cancels Vodafone’s Certificate of Authorization for M- Pesa(22.01.2020)
Reserve Bank of India has said that it has cancelled the Certificate of Authorization of Vodafone M- Pesa on account of voluntary surrender of authori.....
Tags : Reserve Bank of India, Vodafone
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Securities and Exchange Board of India Reaffirms Earlier Ruling in Sahara Case(22.01.2020)
Securities and Exchange Board of India has reaffirmed its ruling in the Sahara India Commercial Corporation Limited case, which had directed the legal.....
Tags : Securities and Exchange Board of India, Sahara Case
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Competition Commission of India Orders Probe into Amazon and Flipkart for Abuse of Competition Law(14.01.2020)
Competition Commission of India has ordered a probe into the alleged Competition Law violations by Amazon and Flipkart over allegations that the e- co.....
Tags : Competition Commission of India, Amazon, Flipkart
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Securities and Exchange Board of India Bans Former Diageo Executive for 7 Years(15.01.2020)
Securities and Exchange Board of India has banned the Nishat Shailesh Gupte, a former official of Diageo Plc, from the capital markets for 7 years for.....
Tags : Securities and Exchange Board of India, Diageo
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Reserve Bank of India Lifts Restrictions on Catholic Syrian Bank on Opening Branches(15.01.2020)
Reserve Bank of India has lifted a restriction that was imposed on the Catholic Syrian Bank for opening new branches, given the delayed initial public.....
Tags : Reserve Bank of India, Catholic Syrian Bank
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Securities Appellate Tribunal Upholds SEBI’s Order Levying Fine on PACL Limited(15.01.2020)
Securities Appellate Tribunal has upheld the order of Securities and Exchange Board of India levying a fine of Rs. 2423 Crores on four directors of PA.....
Tags : Securities and Exchange Board of India, Securities Appellate Tribunal, PACL Limited
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Bombay High Court Asks TRAI to Respond to Broadcasters’ Petition Within a Week(15.01.2020)
Bombay High Court has asked the Telecom Regulatory Authority of India to respond by January 20 to the Broadcasters’ Petition challenging its amended N.....
Tags : Bombay High Court, Telecom Regulatory Authority of India
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Competition Commission of India Orders Probe Against Asian Paints(16.01.2020)
Competition Commission of India has ordered a probe against Asian Paints for allegedly using its domination of the market to hinder the entry of JSW P.....
Tags : Competition Commission of India, Asian Paints
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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
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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
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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
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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
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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
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Petition of Impeachment Motion Against CJI Withdrawn by Congress(08.05.2018)
Petition of impeachment motion filed against the Chief Justice of India Dipak Misra by the Congress MPs has been withdrawn by senior party leader Kapi.....
Tags : Chief Justice of India, Impeachment Motion, Kapil Sibal
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SEBI Issues Notice to National Stock Exchange over Chief Operating Officer Pick(12.02.2020)
Securities and Exchange Board of India has issued show-cause notices to the National Stock Exchange over the appointment and promotion of Anand Subram.....
Tags : Securities and Exchange Board of India, National Stock Exchange, Chief Operating Officer
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Supreme Court Held Naval Officer Guilty for Sexually Harassing Wives of Other Officer(19.04.2018)
Supreme Court has held an Indian naval officer guilty of making sexually explicit calls to wives of fellow officers, but reinstated him in service aft.....
Tags : Supreme Court, Indian Navy
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Reserve Bank of India Allows Kotak Bank to Retain 26% Promoter Stake(31.01.2020)
Reserve Bank of India has allowed Kotak Mahindra Bank’s founder Uday Kotak to retain 26 % promoter stake in a dispute over the bank’s promoter shareho.....
Tags : Reserve Bank of India, Kotak Mahindra Bank, Promoters Shareholding
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IRDAI Fines ICICI Lombard Company and Tata AIG Company Rs 1 Crore Each(31.01.2020)
Insurance Regulatory and Development Authority of India has fined ICICI Lombard General Insurance Company and Tata Group and American International Gr.....
Tags : Insurance Regulatory and Development Authority of India, ICICI Lombard, Tata AIG
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Reserve Bank of India Extends Deadline to Opt for Oversight Cadre(03.02.2020)
Reserve Bank of India has extended the cut-off date for its officers to opt for the specialized supervisory and regulatory cadre till July 31.
Tags : Reserve Bank of India, Oversight Cadre
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Securities and Exchange Board of India Unveils New FPI Registration Application(05.02.2020)
Securities and Exchange Board of India has come out with a common application form for registration of foreign portfolio investors, to enhance operati.....
Tags : Securities and Exchange Board of India, Application for Foreign Portfolio Investors Registration
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CCI Approves Proposed Combination Between Yum Restaurants and Devyani International Limited(05.02.2020)
Competition Commission of India (CCI) has approved the proposed combination between Yum Restaurants (India) Private Limited and Devyani International .....
Tags : Competition Commission of India, Yum Restaurants, Devyani International Limited
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ITAT, Bangalore: Capital Gain Deduction Allowable for House Purchased Outside India(05.02.2020)
Income Tax Appellate Tribunal (ITAT), Bangalore has allowed a claim of deduction under Section 54/54F of the Income Tax Act, 1961 on a house purchased.....
Tags : Income Tax Appellate Tribunal, Capital Gain Deduction on House Purchased Outside India
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Delhi High Court Asks AIIMS to Provide Medical Care to Boy Suffering from Rare Disease(17.01.2020)
Delhi High Court has asked the All India Institute of Medical Sciences to immediately provide necessary treatment to a 11- year old boy suffering from.....
Tags : Delhi High Court, All India Institute of Medical Sciences
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Securities and Exchange Board of India Allows Trading in Options on Commodities(17.01.2020)
Securities and Exchange Board of India has allowed exchanges to start trading in options on goods. The Board further has said that the contract specif.....
Tags : Securities and Exchange Board of India, Trading in Options on Commodities
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SEBI Exonerates 9 Officials in National Stock Exchange ‘Dark Fibre’ Case(17.01.2020)
Securities and Exchange Board of India has cleared nine people in a case in which it was alleged that a host of the exchange’s executives had colluded.....
Tags : Securities and Exchange Board of India, Dark Fibre Case
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Insolvency and Bankruptcy Board of India (IBBI): Unclaimed Dividend to Go to IBBI Account(17.01.2020)
Insolvency and Bankruptcy Board of India has notified an amendment to the Voluntary Liquidation Process Regulation, 2017, whereby all unclaimed divide.....
Tags : Insolvency and Bankruptcy Board of India, Amendment in Voluntary Liquidation Process Regulation, 2017
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President of India Rejects Mercy Plea of Death Row Convict Mukesh Singh(17.01.2020)
President of India, Mr Ram Nath Kovind has rejected the mercy petition of Mukesh Singh, one of the four death row convicts in the Nirbhaya gang-rape a.....
Tags : President of India, Mercy Plea, Nirbhaya Case
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SEBI Puts Norms for Rights of Issue of Units by Listed REITs and InvITs(20.01.2020)
Securities and Exchange Bank of India (SEBI) has put in place a framework for the rights of issue of units by listed Real Estate Investment Trusts and.....
Tags : Securities and Exchange Board of India, Norms on Rights Issue
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IRDAI Defers Implementation of Indian Accounting Standards in Insurance Sectors(22.01.2020)
Insurance Regulatory and Development Authority of India has decided to defer the implementation of Indian Accounting Standards in the Insurance Sector.....
Tags : Insurance Regulatory and Development Authority of India, Indian Accounting Standards
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SEBI Asks Franklin Templeton to Explain Vodafone Idea Write- Down(23.01.2020)
Securities and Exchange Board of India has asked Franklin Templeton Mutual Fund to explain its decision to assign zero value to Vodafone Idea debentur.....
Tags : Securities and Exchange Board of India, Vodafone Idea Write Down
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Reserve Bank of India Raises Investment Cap for FPIs in Corporate and Government Debt Instruments(24.01.2020)
Reserve Bank of India has raised the investment limit for foreign portfolio investors in Government and Corporate Bonds, in a bid to bring in more for.....
Tags : Reserve Bank of India, Investment Cap for Foreign Portfolio Investors
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Securities and Exchange Board of India Fines Jindal Cotex Officials for GDR Fraud(24.01.2020)
Securities and Exchange Board of India has slapped a fine of Rs. 10.7 Crores on Jindal Cotex and its three officials in a matter related to manipulati.....
Tags : Securities and Exchange Board of India, Jindal Cotex, GDR Fraud
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Reserve Bank of India Issues Directions for Permitting Rupee Derivatives to be Traded in IFSCs(24.01.2020)
Reserve Bank of India has released directions under Section 45 W of the Reserve Bank of India Act, 1934 permitting Rupee derivatives to be traded in I.....
Tags : Reserve Bank of India, Trading of Rupee Derivatives in IFSCs
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SEBI: Non-Compliance of Provisions to attract Procedure for Revocation and Suspension of Trading(27.01.2020)
Security Exchange Board of India (SEBI) has issued a circular stating that if in case the recognized stock exchange and depositors do not comply with .....
Tags : Securities and Exchange Board of India, Non- Compliance
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RBI Imposes Penalty on Equitas for Selling MF, Insurance Products Without Approval(09.03.2018)
Reserve Bank of India (RBI) has imposed a penalty of Rs 10 lakh on Equitas Small Finance Bank for distributing mutual fund (MF), insurance and wealth .....
Tags : Reserve Bank of India, Equitas Small Finance Bank
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Supreme Court Seeks Response of BCI on Plea to Ban Legislators from Practising Law(13.03.2018)
Supreme Court has issued a notice to the Bar Council of India (BCI) seeking its response on a petition seeking to restrain lawmakers from practising a.....
Tags : Supreme Court, Bar Council of India
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Madras HC Orders Sale of Shares Owned by Disc Assets Lead India Ltd(19.03.2018)
Madras High Court has directed the registry of its Madurai bench not to entertain any plea moved by the directors of Disc Assets Lead India Limited wh.....
Tags : Madras High Court, Disc Assets Lead India Ltd
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SEBI Levies Penalty on Aksh Optifibre and Its Directors(03.03.2020)
Securities and Exchange Board of India has imposed a total fine of Rs 10.75 Crore on Aksh Optifibre and its five directors in a matter related to mani.....
Tags : Securities and Exchange Board of India, Aksh Optifibre
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National Anti- Profiteering Authority Imposes Penalty on Samsung India(03.03.2020)
National Anti- Profiteering Authority has levied a penalty of Rs 37.85 Lakhs on Samsung India for not passing on the benefits of lower Goods and Servi.....
Tags : National Anti- Profiteering Authority, Samsung india
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Competition Commission of India Dismisses Unfair Practices Complaint Against Eastern Railway(03.03.2020)
Competition Commission of India has dismissed a complaint of unfair business practices made against Eastern Railway by Abhiraj Associates Pvt. Ltd., n.....
Tags : Competition Commission of India, Amazon, Eastern Railway
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Competition Commission of India Approves BCP’s 40% Stake Buy in Indostar Capital(04.03.2020)
Competition Commission of India has approved the acquisition of up to 40% stake in Indo Star Capital Finance by BCP V Multiple Holdings on a fully dil.....
Tags : Competition Commission of India, Indostar Capital
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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
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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
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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
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Delhi High Court: What is the Role of BCI in Maintaing Legal Education Standards?(05.06.2018)
Delhi High Court has said that it will consider the scope of powers of the Bar Council of India (BCI) and the steps that can be taken by the BCI to en.....
Tags : Delhi High Court, Bar Council of India
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President of India Approves Vivad Se Vishwas Bill, 2020(19.03.2020)
President of India, Ram Nath Kovind has given his assent to the Direct Tax Vivad se Vishwas Bill, 2020, which was introduced with the intent to reduce.....
Tags : Preseident of India, Vivad se Vishwas Act, 2020
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Calcutta High Court Sets Aside Leave-India Notice to Polish Student(19.03.2020)
Calcutta High Court has set aside the expulsion order issued by Foreigner Regional Registration Offices to Kamil Siedcynski, a Polish student, for all.....
Tags : Calcutta High Court, Leave-India Notice, Polish Student
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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
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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.
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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
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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
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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
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RBI Hikes Repo Rate by 25 bps to 6.5%(01.08.2018)
Reserve Bank of India’s (RBI’s) monetary policy committee (MPC) has raised repo rate by 25 basis points (bps) to 6.5%.
Tags : Reserve Bank of India, Repo Rate
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RBI Increases Short-Term Borrowing Capacity of Central Government(21.04.2020)
Reserve Bank of India has increased the short-term borrowing capacity of the Central Government by over 65% to temper market fears that excessive borr.....
Tags : Reserve Bank of India, Short-Term Borrowings of Government
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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
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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
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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’
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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
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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
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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
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SC Issues Notice on Plea Seeking 'Immediate Evacuation' of Indian Students Stranded in UK(08.04.2020)
Supreme Court has issued a notice in the Petition regarding the immediate evacuation of Indian students stranded in the United Kingdom due to the lock.....
Tags : Supreme Court, Evacuation of Indian Students
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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
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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
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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
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CCI Dismisses Complaint Against Timex Group India(20.08.2018)
Competition Commission of India (CCI) has dismissed a complaint alleging unfair business practices against Timex Group India with regard to sale of wr.....
Tags : Competition Commission of India, Timex
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Delhi HC to MCI: Put In Place the Sentencing Guidelines For Delinquent Doctors(24.08.2018)
Delhi HC has asked Medical Council of India (MCI) to frame a policy with regard to punishment to be accorded to delinquent doctors for infractions com.....
Tags : Delhi HC, Medical Council of India
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SC to PCI: Mend Ways Or Be Superseded(24.08.2018)
Supreme Court has warned Pharmacy Council of India (PCI) that it would be superseded if it did not mend its ways of functioning in relation to grant o.....
Tags : Supreme Court, Pharmacy Council of India
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SEBI Relaxes Rule for Minimum 25% Public Stake in Listed Companies(15.05.2020)
Securities and Exchange Board of India (SEBI) has eased the 25% minimum public shareholding norm for listed companies in the wake of the Covid-19 outb.....
Tags : Securities and Exchange Board of India, Public Stake in Listed Companies
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Is IAF Protecting Its Land on Yamuna Banks from Sand Mining: Delhi HC(18.05.2018)
Delhi High Court has asked the Centre whether the Indian Air Force (IAF) was protecting its land on the banks of the Yamuna, where the Tilpat station .....
Tags : Delhi High Court, Indian Air Force
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SEBI Eases Foreign Investors' Access to International Finance Hub(25.05.2018)
Securities and Exchange Board of India (SEBI) has eased rules for foreign investors to trade in securities at a new international finance centre.
Tags : Securities and Exchange Board of India, SEBI
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ITAT, Bangalore Extends Stay Period for Google India Due to Delay in Disposal of Appeal(19.02.2020)
Income Tax Appellate Tribunal (ITAT), Bangalore has granted an extension of stay period to Google India citing a reason for the delay in non-disposal .....
Tags : Income Tax Appellate Tribunal, Google India
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Reserve Bank of India Approves Kotak Mahindra’s Proposal to Trim Stake of Promoters(20.02.2020)
Reserve Bank of India has given final approval to Kotak Mahindra Bank’s proposal on reducing promoters’ stakes and capping their voting rights.
Tags : Reserve Bank of India, Kotak Mahindra Bank, Promoters Shareholding
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Securities and Exchange Board of India Bans Resurgere Executives for GDR Violation(24.02.2020)
Securities and Exchange Board of India has restrained the officials of Resurgere Mines and Minerals India from accessing securities market for up to t.....
Tags : Securities and Exchange Board of India, Resurgere Mines and Minerals India
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Competition Commission of India Approves NTPC’s Stake Buy in NEEPCO, THDC India(25.02.2020)
Competition Commission of India has approved the acquisition of Centre’s entire stake in THDC India Limited and North Eastern Electric Power Corporati.....
Tags : Competition Commission of India, NTPC Limited
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Reserve Bank of India Lifts Restriction on Bandhan Bank(26.02.2020)
Reserve Bank of India has lifted the restriction on Bandhan Bank to expand its branch network after considering the efforts made by the private lender.....
Tags : Reserve Bank of India, Bandhan Bank
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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
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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
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Delhi High Court to IAF: Review, Change your Protocols on Stress and Substance Abuse(16.07.2018)
Delhi High Court has directed Indian Air Force (IAF) to review and change its protocols dealing with issues of stress and substance abuse in the force.....
Tags : Delhi High Court, Indian Air Force
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Delhi High Court Asks Air India to Replace Panel Chief on Air Hostess’ Complaint(16.07.2018)
Delhi High Court has asked Air India to replace the chairperson of its panel looking into sexual harassment allegations by an air hostess against one .....
Tags : Delhi High Court, Air India
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Madras HC Issues Notice on Plea for Repatriation of Indians Stranded in Maldives(04.05.2020)
Madras High Court has issued notices on a Public Interest Litigation seeking repatriation of Indian citizens who are stranded in Maldives, due to the .....
Tags : Madras High Court, Repatriation of Indians Stranded in Maldives
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Karnataka Govt Passes Amendment Act to Provide Horizontal Reservation for Karnataka Students(05.05.2020)
Karnataka Government has given the assent to the National Law School of India (Amendment) Act, 2020, whereby National Law School of India, Bengaluru s.....
Tags : Karnataka Government, National Law School of India (Amendment) Act, 2020
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SEBI Rejects Proposal on Easing QIP Pricing Norms(06.05.2020)
Securities and Exchange Board of India (SEBI) has rejected a proposal seeking relaxation of pricing norms for Qualified Institutional Placements (QIPs.....
Tags : Securities and Exchange Board of India, QIP Pricing Norms
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Madras HC Rejects Plea to Ban Popular Front of India(18.06.2018)
Madras High Court has dismissed a plea seeking ban on Popular Front of India observing that it cannot decide which organisations should be banned and .....
Tags : Madras High Court, Popular Front of India
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'Make In India' Function Caused Damage to Mumbai Beach: Bombay High Court(22.06.2018)
Supreme Court has refused to allow CBSE's appeal against a Bombay High Court order asking it to give proportionate marks to a batch of candidates, who.....
Tags : Bombay High Court, Make In India
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Finance Ministry Defers Enforcement of Amendments to Indian Stamp Act Till 1st July(31.03.2020)
Finance Ministry has deferred the date for enforcement of the amendments to the Indian Stamp Act, 1899, as proposed under Part I, Chapter IV of the Fi.....
Tags : Finance Ministry, Indian Stamp Act
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NHAI Clears Contractors’ Bills Worth Rs 25,000 Crore(01.04.2020)
National Highways Authority of India (NHAI) has cleared bills worth Rs. 25,000 Crore owed to contractors in March, 2020, expediting the process after .....
Tags : National Highways Authority of India, Contractors' Bills
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SEBI Extends Deadline for Implementation of Circular on Stewardship Code for All Mutual Funds(01.04.2020)
Securities and Exchange Board of India (SEBI) has extended the deadline for implementation of the circular on Stewardship Code for all Mutual Funds an.....
Tags : Securities and Exchange Board of India, Implementation of Circular on Stewardship Code
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Delhi HC Issues Notice in Indiabulls Housing Finance Ltd's Plea on Downgrading of Credit Rating(06.04.2020)
Delhi High Court has issued notices to Securities Exchange Board of India and ICRA Limited in a plea moved by Indiabulls Housing Finance Limited chall.....
Tags : Delhi High Court, Indiabulls Housing Finance Limited
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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
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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
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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
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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
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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
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Delhi HC Grants Time to TRAI to Show Action Taken Against Compliance of TCCCPR Regulations(15.07.2020)
Delhi High Court has granted six weeks to Telecom Regulatory Authority of India to show action taken to ensure compliance with the Telecom Commercial .....
Tags : Delhi High Court, Telecom Regulatory Authority of India
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Securities and Exchange Board of India Fines 21 Entities for Fraudulent Trading(28.01.2020)
Securities and Exchange Board of India has slapped a total fine of Rs 1.89 Crores on 21 entities for executing fraudulent trading in Sarang Chemicals .....
Tags : Securities and Exchange Board of India, Fraudulent Trading
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SEBI Prescribes Higher Margins for Trades in Agricultural and Non- Agricultural Commodities(28.01.2020)
Securities and Exchange Board of India has prescribed higher margins for future trade in agricultural and non- agricultural commodities to address the.....
Tags : Securities and Exchange Board of India, Trading in Agricultural and Non- Agricultural Commodities
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SEBI Prescribes Higher Margins for Trades in Agricultural and Non- Agricultural Commodities(28.01.2020)
Securities and Exchange Board of India has prescribed higher margins for future trade in agricultural and non- agricultural commodities to address the.....
Tags : Securities and Exchange Board of India, Trading in Agricultural and Non- Agricultural Commodities
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Securities and Exchange Board of India Probes Rakesh Jhunjhunwala for Alleged Insider Trading(28.01.2020)
Securities and Exchange Board of India has directed a probe into Rakesh Jhunjhunwala for alleged insider trading in the shares of Aptech Limited.
Tags : Securities and Exchange Board of India, Rakesh Jhunjhunwala
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Securities and Exchange Board of India Gives Burger King Go-Ahead to Float IPO(29.01.2020)
Securities and Exchange Board of India has approved Burger King India’s proposal to float an initial public order.
Tags : Securities and Exchange Board of India, Burger King India
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Delhi High Court Issues Notice to Bar Council of India and Bar Council of Delhi(29.01.2020)
Delhi High Court has issued notices on a plea challenging the levy of exorbitant enrollment and other fees by the Bar Council of Delhi and the Bar Cou.....
Tags : Delhi High Court, Bar Council of India, Bar Council of Delhi
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Reserve Bank of India Penalizes HDFC Bank Rs 1 Crore for Failing Know Your Customer Norms(30.01.2020)
Reserve Bank of India has imposed a penalty of Rs 1 Crore on Housing Development Finance Corporation (HDFC) Bank for failing to comply with the Centra.....
Tags : Reserve Bank of India, HDFC, KYC Norms
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Securities and Exchange Board of India Bars Transfer of Client Securities to Accounts of Brokers(26.02.2020)
Securities and Exchange Board of India has banned the transfer of client securities to Demat accounts of trading and clearing members. The Board furth.....
Tags : Securities and Exchange Board of India, Transfer of Client Securities to Accounts of Brokers
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Securities and Exchange Board of India Allows Direct Sales of Mutual Funds on Exchanges(27.02.2020)
Securities and Exchange Board of India has allowed investors to directly use the infrastructure of stock exchanges to purchase and redeem units direct.....
Tags : Securities and Exchange Board of India, Direct Sales of Mutual Funds on Exchanges
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Securities and Exchange Board of India Imposes Rs 10 Lakhs Fine on Muthoottu Mini Financiers(27.02.2020)
Securities and Exchange Board of India has imposed a penalty of Rs. 10 Lakhs on Muthoottu Mini Financiers for issuing misleading advertisements relate.....
Tags : Securities and Exchange Board of India, Muthoottu Mini Financiers
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SEBI Imposes a Penalty of Rs 5 Crore on Mehul Chokshi in PNB Fraud(28.02.2020)
Securities and Exchange Board of India has slapped a penalty of Rs. 5 Crore on Gitanjali Gems Ltd. and its promoter, Mehul Chokshi for non- disclosure.....
Tags : Securities and Exchange Board of India, Mehul Chokshi, PNB Fraud
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Calcutta HC: Not Mandatory to Possess Valid Foreign Passport for Indian Citizenship by Registration(28.02.2020)
Calcutta High Court has held that it is not mandatory to possess a valid foreign passport to apply for the grant of Indian Citizenship by Registration.....
Tags : Calcutta High Court, Indian Citizenship by Registration
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AAR, Maharashtra: 18% GST Applicable on Transformers Supplied to Indian Railways(12.02.2020)
Authority for Advance Ruling (AAR), Maharashtra has held that the ‘transformers’ supplied to Indian Railways is covered under HSN ‘8504’ and Sr. No. 3.....
Tags : Authority for Advance Ruling, Transformers Supplied to Indian Railways
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SEBI Asks National Stock Exchange to Divest Entire Stake in Computer Age Management Services Ltd.(13.02.2020)
Securities and Exchange Board of India has asked the National Stock Exchange of India to divest its 37% stake in the Computer Age Management Services .....
Tags : Securities and Exchange Board of India, National Stock Exchange, CAMS
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Securities and Exchange Board of India Asks CARE Board to Remove Chairman Mainak(13.02.2020)
Securities and Exchange Board of India has asked the board of rating agency CARE Ratings to remove chairman S B Mainak after a forensic report said th.....
Tags : Securities and Exchange Board of India, CARE Rating Chairman
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SEBI Introduces System to Detect Misuse of Client Securities by Brokers(14.02.2020)
Securities and Exchange Board of India has introduced a system to monitor and detect misuse of client securities by stockbrokers in the wake of Karvy .....
Tags : Securities and Exchange Board of India, Misuse of Client Securities by Brokers
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Calcutta High Court Asks Reserve Bank of India to Act Against Bank of Baroda(17.02.2020)
Calcutta High Court has asked the Reserve Bank of India to consider “appropriate steps” against the Bank of Baroda, including cancelling its banking l.....
Tags : Calcutta High Court, Reserve Bank of India, Bank of Baroda
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Securities and Exchange Board of India Puts Curbs on Financial Advisers to Prevent Mis-selling(18.02.2020)
Securities and Exchange Board of India has barred investment advisers from simultaneously selling financial products and advisory services, and capped.....
Tags : Securities and Exchange Board of India, Curbs on Financial Advisers
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SEBI Relaxes Compliance Norms as Covid-19 Disrupts Operations(20.03.2020)
Securities and Exchange Board of India has eased compliance requirements for listed companies, including allowing an additional 45 days to file their .....
Tags : Securities and Exchange Board of India, Compliance Requirements
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SEBI Exempts Offshore Funds from Submitting Physical Forms(20.03.2020)
Securities and Exchange Board of India has provided exemptions for off-shore funds from submitting physical forms in wake of the Corona outbreak, allo.....
Tags : Securities and Exchange Board of India, Offshore Funds
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SEBI Relaxes Rules for Maintaining Records, Extends Deadlines(24.03.2020)
Securities and Exchange Board of India has relaxed rules for maintaining records of all calls made by institutional dealers during trading hours, acce.....
Tags : Securities and Exchange Board of India, Maintaining Records, Extends Deadlines
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Delhi HC Directs Centre to Ensure Welfare of Indian Students Stranded At Kazakhstan Airport(26.03.2020)
Delhi High Court has directed the Ministry of External Affairs to promptly appoint a Nodal Officer from the Indian Embassy in Kazakhstan to ensure the.....
Tags : Delhi High Court, Indian Students Stranded At Kazakhstan Airport
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NHAI to Suspend Toll Collection on National Highways(26.03.2020)
National Highways Authority of India (NHAI) will be suspending collecting toll across National Highways in the country during the 21 days' nationwide .....
Tags : National Highways Authority of India, Suspension of Toll Collection
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SEBI Relaxes AGM Rules for Top 100 Listed Companies(27.03.2020)
Securities and Exchange Board of India has relaxed Annual General Meeting (AGM) rules for the top 100 listed companies and allowed an extra month till.....
Tags : Securities and Exchange Board of India, AGM Compliance Requirement
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SEBI Norms in Place till May 28(21.04.2020)
Securities and Exchange Board of India has said its directions issued on 20th March, 2020 to curb market volatility will continue till 28th, May 2020......
Tags : Securities and Exchange Board of India, Norms to Curb Market Volatility
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Delhi HC Grants Indiabulls Permission to Not Pay Debenture Holders Till RBI’s Moratorium(21.04.2020)
Delhi High Court has granted Indiabulls, the permission to not pay its debenture holders, including fund houses, interest and principal as long as the.....
Tags : Delhi High Court, Indiabulls
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Competition Commission of India Adjourns All Cases Listed Upto May 3(21.04.2020)
Competition Commission of India has adjourned all matters listed before it for hearing up to 3rd May, 2020, stating that fresh dates will be issued fo.....
Tags : Competition Commission of India, Adjourning of All Cases
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SEBI Extends IPO Nod Validity by Six Months(22.04.2020)
Securities and Exchange Board of India has extended the validity of regulatory nod for launching initial public offer (IPO) and rights issue by six mo.....
Tags : Securities and Exchange Board of India, IPO Nod Validity
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SEBI Relaxes Valuation Norms for Mutual Funds(24.04.2020)
Securities and Exchange Board of India has relaxed valuation norms on money and debt market instruments held by mutual funds in the wake of the loan m.....
Tags : Securities and Exchange Board of India, Mutual Funds Valuation Norms
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SEBI Cuts Broker Turnover Fee by 50%(28.04.2020)
Securities and Exchange Board of India has reduced broker turnover fee by 50% of the existing structure from June, 2020 till March, 2021. The Board ha.....
Tags : Securities and Exchange Board of India, Broker Turnover Fee
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President of India Promulgates Ordinance to Reduce Salary of MPs By 30% for One Year(09.04.2020)
President of India, Ram Nath Kovind has promulgated the "Salary, Allowances & Pension of Members of Parliament (Amendment) Ordinance 2020" to reduce s.....
Tags : President of India, Ordinance to Reduce Salary of MPs
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Kerala HC Seeks Centre's Response on Plea to Repatriate Indians Stranded in UAE(13.04.2020)
Kerala High Court has sought the response of the Central Government on a Public Interest Litigation seeking directions for the repatriation of Indian .....
Tags : Kerala High Court, Indians Stranded in UAE
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Delhi HC: RBI's Intention is to Maintain Status Quo on Account Classification as on March 1(15.04.2020)
Delhi High Court has provided interim relief to an account from being declared a Non Performing Asset by the Punjab & Sind Bank in light of the morato.....
Tags : Delhi High Court, Reserve Bank of India, Status Quo on Account Classification
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SEBI Relaxes Compliance Rules for Brokers(17.04.2020)
Securities and Exchange Board of India (SEBI) has relaxed compliance requirements for brokers by giving time until 31st May, 2020 for submitting repor.....
Tags : Securities and Exchange Board of India, Brokers Compliance Requirement
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RBI: 90-Day NPA Norm Shall Exclude Moratorium Period for Standard Accounts as on March 1(17.04.2020)
Reserve Bank of India has announced that the moratorium permitted by it on 27th March, 2020 due to COVID-19 situation can be excluded from the 90-day .....
Tags : Reserve Bank of India, Moratorium Period for Standard Accounts
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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
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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
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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
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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
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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
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CCI Finds Indian Railways to be Abusing Dominance, Orders Investigation(14.11.2018)
Competition Commission of India has made finding that practice of Railways to round off base price to next higher multiple of 5 for tickets booked onl.....
Tags : CCI, Indian Railways
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Bar Council of India Notifies Date for Conducting AIBE XV(28.08.2020)
Bar Council of India (BCI) has notified that the All India Bar Exam (AIBE) XV for this year will be conducted on November 8, 2020.
Tags : Bar Council of India, All India Bar Examination
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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
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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
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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
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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
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Missionary Activities not Prohibited in India as Rights Under Art. 25 Available to All: Delhi HC(11.01.2019)
Delhi High Court has observed that missionary activities are not prohibited as fundamental right to religion is not restricted to citizens, but is ava.....
Tags : Delhi High Court, Constitution of India, Article 25
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President Promulgates Arbitration and Conciliation Ordinance, 2020(04.11.2020)
President of India, Mr. Ram Nath Kovind has promulgated the Arbitration and Conciliation (Amendment) Ordinance, 2020, through which changes have been .....
Tags : President of India, Arbitration and Conciliation Ordinance, 2020
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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
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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
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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
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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
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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
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Delhi HC Gives TRAI Time to Take Action on SCN Issued to Show Progress in Compliance with TCCCPR(22.09.2020)
Delhi High Court has given 8 weeks to the Telecom Regulatory Authority of India to take some action on the show-cause notices issued to entities to sh.....
Tags : Delhi High Court, Telecom Regulatory Authority of India
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SEBI Eases Rules for Rights Offers(24.09.2020)
Securities and Exchange Board of India (SEBI) has revised fund-raising rules to make it easier for listed entities to get more capital. The rules incl.....
Tags : Securities and Exchange board of India, Rights Offers
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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
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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
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Justice Ranjan Gogoi Sworn in as 46th Chief Justice of India(03.10.2018)
Justice Ranjan Gogoi has taken oath as the 46th Chief Justice of India, he succeeds Justice Dipak Misra who retired on October 1.
Tags : Chief Justice of India, Justice Ranjan Gogoi
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NCDRC Raps Insurance Company for Ambiguous Term(04.10.2018)
National Consumer Disputes Redressal Commission (NCDRC) has rapped the United India Insurance Co. Ltd for using an ambiguous term, “owner-driver” in t.....
Tags : NCDRC, United India Insurance Co. Ltd.
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SC Issues Notice on PIL Seeking Rescue of Indian Workers from Gulf Countries(08.10.2020)
Supreme Court has issued notice to the Centre in a plea seeking directions to the Government for bringing back Indian workers from the Gulf Countries.
Tags : Supreme Court, Rescue of Indian Workers
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CCI Asks Google to Respond in Complaint Alleging Abuse of Android Operating System(08.10.2020)
Competition Commission of India has asked Google to respond to a complaint by two lawyers accusing the US-based tech major of abusing its Android oper.....
Tags : Competition Commission of India, Google
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SEBI Issues Guidelines for MFs on Inter-scheme Transfer of Securities(09.10.2020)
Securities and Exchange Board of India (SEBI) has tightened rules on inter-scheme transfers (ISTs) in mutual fund schemes. The Board has said that int.....
Tags : Securities and Exchange Board of India, MFs on Inter-scheme Transfer of Securities
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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
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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
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Supreme Court Declines to Interfere with Ongoing Elections of Archery Association of India(20.11.2018)
Supreme Court has refused to interfere with the ongoing election process of Archery Association of India (AAI), but made it clear that its result woul.....
Tags : Supreme Court, Archery Association of India
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SC Invalidates MP State Bar Council Election to the Post of Representative to BCI(26.11.2018)
Supreme Court has upheld Madhya Pradesh High Court order that invalidated the election conducted by the State Bar Council in 2014 to the post of repre.....
Tags : Supreme Court, Bar Council of India, MP State Bar Council Election
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Airports Authority of India can’t be Permitted to Shoot Dogs: Gujarat HC(03.12.2018)
Gujarat High Court has denied permission to the Airports Authority of India (AAI) to relocate or shoot the stray dogs which enter its operational area.....
Tags : Gujarat High Court, Airports Authority of India
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Attorney General Grants Consent for Contempt Action Against Artist Rachita Taneja(02.12.2020)
Attorney General for India, KK Venugopal has granted consent to a law student for initiating contempt of court proceedings against a comic illustrator.....
Tags : Attorney General of India, Artist Rachita Taneja
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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
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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
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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
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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
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Karnataka HC Issues Notice Directing Protection of Great Indian Bustard(08.12.2020)
Karnataka High Court has issued notice to the state government and directed it to place on record the immediate steps it proposes to take for protecti.....
Tags : Karnataka High Court, Protection of Great Indian Bustard
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ITAT: No Tax Applicable on India-Singapore Tax Treaty(08.12.2020)
Income Tax Appellate Tribunal (ITAT) has held that no tax applicable on the shipping income of foreign vessels under the India-Singapore Tax Treaty.
Tags : Income Tax Appellate Tribunal, India-Singapore Tax Treaty
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SC Upholds Quashing of Criminal Proceedings Against Man Possessing 'Indian Flap Shell Turtle'(11.12.2020)
Supreme Court has upheld a Kerala High Court quashing criminal proceedings under Wild Life Protection Act, 1972 against a man for hunting and possessi.....
Tags : Supreme Court, Man Possessing 'Indian Flap Shell Turtle'
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Bombay HC Directs Payment of Over Rs. 4.5 Cr to Family of Person who Died in Road Accident(07.12.2018)
Bombay High Court has directed New India Assurance (NIA) to pay a sum of Rs 4.56 crore as compensation to the family of deceased Ravindra Kulkarni, wh.....
Tags : Bombay High Court, New India Assurance, Road Accident
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Supreme Court Refuses Urgent Hearing on Petition Against Ex-Chief Justice(07.12.2018)
Supreme Court has declined a petition seeking urgent hearing on allegations against former Chief Justice of India Dipak Misra in the light of Justice .....
Tags : Supreme Court, Former Chief Justice of India Dipak Misra
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CCI Amend Regulations, Advocates Can Accompany Persons Summoned By DG With Conditions(12.12.2018)
Competition Commission of India (CCI) has amended its regulations to allow advocates to accompany parties summoned during an investigation by the Dire.....
Tags : Competition Commission of India, amended Regulations
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IBBI Amends Regulations Related to Corporate Insolvency Proceedings(19.11.2020)
Insolvency and Bankruptcy Board of India (IBBI) amended Regulations relating to corporate insolvency proceedings which came to be known as the Insolve.....
Tags : Insolvency and Bankruptcy Board of India, Regulations Related to Corporate Insolvency Proceedings
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Competition Commission of India Approves Reliance-Future Group Deal(23.11.2020)
Competition Commission of India has approved the acquisition of retail, wholesale, logistics & warehousing businesses of Future Group by Reliance Reta.....
Tags : Competition Commission of India, Reliance-Future Group Deal
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Karnataka High Court Quashes NLSIU Order Failing HC Judge's Son for Alleged Plagiarism(23.11.2020)
Karnataka High Court has set aside an order passed by the National Law School of India University (NLSIU), denying a law student admission to the four.....
Tags : Karnataka High Court, National Law School of India University
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COMPANY - NCLAT Slams RCom's Lender SBI over Rs. 37,000 Crore Asset Sale(12.03.2019)
National Company Law Appellate Tribunal has slammed lenders of Reliance Communications, State Bank of India, for painting a rosy picture of Anil Amban.....
Tags : NCLAT, State Bank of India, Reliance Communication
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EDUCATION - Reconsider Upper Age Limit for Admission to LL.B. Courses: SC to BCI(13.03.2019)
Supreme Court has directed Bar Council of India to reconsider, after hearing various stakeholders, the upper age-limit for taking admission to five-ye.....
Tags : Supreme Court, Bar Council of India, Upper Age Limit for Admission to LL.B. Courses
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EDUCATION - Reconsider Upper Age Limit for Admission to LL.B. Courses: SC to BCI(13.03.2019)
Supreme Court has directed Bar Council of India to reconsider, after hearing various stakeholders, the upper age-limit for taking admission to five-ye.....
Tags : Supreme Court, Bar Council of India, Upper Age Limit for Admission to LL.B. Courses
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BANKING - Bombay HC Refuses Interim Relief to Kotak Mahindra Bank on Promoter Stake Issue(13.03.2019)
Bombay High Court has refused to grant any interim relief to Kotak Mahindra Bank on Reserve Bank of India’s direction to dilute promoter shareholding .....
Tags : Bombay High Court, Kotak Mahindra Bank, Reserve Bank of India
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MRTP/ COMPETITION LAWS - CCI Gives Green Signal to Radiant Life Care-Max Healthcare Merger(14.03.2019)
Competition Commission of India (CCI) has cleared purposed deal between KKR-backed Radiant Life Care and Max Healthcare.
Tags : Competition Commission of India, CCI, Radiant Life Care-Max Healthcare Merger,
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EDUCATION - Delhi HC Stays Dental Council of India's Orders for Cancellation of Admission(18.03.2019)
Delhi High Court has stayed all orders passed by Dental Council of India (DCI) through which admissions of more than 50 students in various private de.....
Tags : Delhi High Court, Dental Council of India (DCI)
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Supreme Court Dismisses PIL Seeking Establishment of 'World Class University' In India(17.02.2021)
Supreme Court has dismissed a Public Interest Litigation seeking the establishment of a "world class University" in India.
Tags : Supreme Court, ‘World Class University’ in India
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Government of India Changes Rules for Renouncing Indian Citizenship(25.10.2018)
The Government of India has published a revised form for declaration of renunciation by Indian citizens and those renouncing Indian citizenship on acc.....
Tags : Government of India, Renouncing Indian Citizenship
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NCLAT Stays Resolution Plan for Assam Company on SEBI Plea(26.10.2018)
National Company Law Appellate Tribunal (NCLAT) has stayed the resolution plan approved by the Guwahati Bench of National Company Law Tribunal (NCLT) .....
Tags : NCLAT, Assam Company (India) Ltd.
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NCLAT Stays Resolution Plan for Assam Company on SEBI Plea(26.10.2018)
National Company Law Appellate Tribunal (NCLAT) has stayed the resolution plan approved by the Guwahati Bench of National Company Law Tribunal (NCLT) .....
Tags : NCLAT, Assam Company (India) Ltd.
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SEBI Rejects Appointment of 2 Shareholder Directors of NSE(09.09.2020)
Securities and Exchange Board of India (SEBI) has rejected the reappointment of two long-time shareholder directors on the board of the National Stock.....
Tags : Securities and Exchange Board of India, Appointment of Directors
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P&H HC Directs GST Dept. to Release Bank Account of UFV Global India Education(15.09.2020)
Punjab and Haryana High Court has directed the Goods and Services tax (GST) Department to release the bank account of UFV global India Education on th.....
Tags : Punjab and Haryana High Court, UFV Global India Education
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SC: 'Ten Times Penalty' Prescribed for Deficit Stamp Duty Cannot be Mechanically Imposed(18.09.2020)
Supreme Court has observed that the penalty of ten times prescribed under Section 40(1) (b) of the Indian Stamp Act, 1899 cannot be mechanically impos.....
Tags : Supreme Court, Penalty under Indian Stamp Act, 1899
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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
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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
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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
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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
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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
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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
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Delhi HC Seeks Police’s Response on Anticipatory Bail Plea of Air India Pilot Arvind Kathpalia(14.12.2018)
Delhi High Court has sought the response of police on an anticipatory bail plea of Air India pilot Captain Arvind Kathpalia, in a case of alleged viol.....
Tags : Delhi High Court, Air India Pilot Arvind Kathpalia
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RBI Extends Debt, Currency Trading Hours from November 9(03.11.2020)
Reserve Bank of India has announced phased restoration of trading hours for various debt as well as currency market from 9th November, 2020.
Tags : Reserve Bank of India, Restoration of Trading hours
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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
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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
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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
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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
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SEBI Bars Kirloskar Brothers from Markets for 6 Months(22.10.2020)
Securities and Exchange Board of India has barred three Kirloskar brothers from dealing in the securities market for up to six months as it found them.....
Tags : Securities and Exchange Board of India, Kirloskar Brothers
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SEBI Disposes of Legal Proceedings in Bharti Insider Trading Allegation(23.10.2020)
Securities and Exchange Board of India has disposed of legal proceedings against Bharti Telecom, Sunil Bharti Mittal and two other senior officials in.....
Tags : Securities and Exchange Board of India, Bharti Insider Trading Allegation
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Karnataka HC Pulls Up SEBI for Acting Promptly in Franklin Templeton Case(26.10.2020)
Karnataka High Court has pulled up the Securities and Exchange Board of India (SEBI) for failing to act promptly to sustain the confidence of the inve.....
Tags : Karnataka High Court, Securities and Exchange Board of India, Franklin Templeton Case
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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
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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
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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
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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
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ELECTION - Why No Order Yet to Ban Political Ads on Social Media: Bombay HC to ECI(08.03.2019)
Bombay High Court has asked Election Commission of India (ECI) why it was hesitant to issue specific directions to prohibit political advertisements o.....
Tags : Bombay High Court, Election Commission of India, ECI, Political Ads
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SEBI Penalizes Future Corporate Founder and Co-Founder for Insider Trading(04.02.2021)
Securities and Exchange Board of India has penalized Future Corporate Resources Pvt Ltd, Kishore Biyani and Anil Biyani, founder and co-founder of Fut.....
Tags : Securities and Exchange Board of India, Future Corporate
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Delhi HC Directs Indian Machine Tool Company to Approach PM Office(08.02.2021)
Delhi High Court has directed an Indian machine tool company to approach the office of the Prime Minister in connection to alleged discrimination agai.....
Tags : Delhi High Court, Indian Machine Tool
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Madras HC Stays Tender Notification Issued by Indian Ports Association(11.02.2019)
Madras High Court has stayed a tender notification of Indian Ports Association for selection of law firms for legislative drafting of proposed revamp .....
Tags : Madras High Court, Indian Ports Association
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Madras HC Asks for Details from Centre on Indians 'Victimised' Overseas(13.02.2019)
Madras High Court has directed Centre to apprise it of steps taken to ensure safety and well-being of Indians abroad and asked whether it has taken ef.....
Tags : Madras High Court, Indians victimised overseas
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NCLT Grants Gail India Status of Operational Creditor in Alok Industries Case(14.02.2019)
National Company Law Tribunal (NCLT) has accepted Gail India Ltd's plea to be treated as operational creditor in the textile player Alok Industries' i.....
Tags : NCLT, Alok Industries Case, Gail India
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SEBI Bans Hemant Ghai for Alleged Fraudulent Trade Activities(14.01.2021)
Securities and Exchange Board of India (SEBI) has banned CNBC Awaaz anchor Hemant Ghai, his wife and mother from the securities market for allegedly i.....
Tags : Securities and Exchange Board of India, Hemant Ghai
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Karnataka HC Refuses NHAI Application Tendering Apology for Statement on EPA Act(20.01.2021)
Karnataka High Court has refused to entertain an application filed by National Highways Authority of India (NHAI), tendering unconditional apology and.....
Tags : Karnataka High Court, National Highways Authority of India, EPA Act
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SEBI Approves Reliance Retail’s Acquisition of Future Group’s Retail Assets(21.01.2021)
Securities and Exchange Board of India (SEBI) has approved Reliance Retail’s acquisition of Future Group’s retail assets, which is being opposed by Am.....
Tags : Securities and Exchange Board of India, Reliance, Future Group
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SEBI Imposes a Fine on M/s Asit C Mehta Investment Intermediaries Ltd.(22.01.2021)
Securities and Exchange Board of India (SEBI) has imposed a fine of Rs. 27 lakhs on M/s Asit C Mehta Investment Intermediaries Ltd. for a series of vi.....
Tags : Securities and Exchange Board of India, M/s Asit C Mehta Investment Intermediaries Ltd.
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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.
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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
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CIVIL - Centre Appoints Justice Pinaki Chandra Ghose as First Lokpal of India(20.03.2019)
Centre has appointed former Supreme Court judge Justice Pinaki Chandra Ghose as Chairperson of first Lokpal under the Act.
Tags : First Lokpal of India, Justice Pinaki Chandra Ghose
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Madras HC Directs CBIT to Consider Uber Plea on Exemption from Paying GST on Motorcycle Service(23.02.2021)
Madras High Court has directed the Central Board of Indirect Taxes (CBIT) to consider a representation made by Uber India Systems Private Limited to e.....
Tags : Madras High Court, Uber India Systems Private Limited
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RBI Rejects Demand of Online Merchants to Store Customers’ Credit Card Data(26.02.2021)
Reserve Bank of India has rejected the demand of top online merchants like Amazon, Microsoft, Netflix, Flipkart and Zomato to store customers’ credit .....
Tags : Reserve Bank of India, Customers’ Credit Card Data
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Gujarat HC Issues Notice to AM/NS India Over Non-Compliance of Order(01.03.2021)
Gujarat High Court has issued a notice to the Hazira-based steel company, ArcelorMittal Nippon Steel (AM/NS) India after a Public Interest Litigation .....
Tags : Gujarat High Court, ArcelorMittal Nippon Steel (AM/NS) India
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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
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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
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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
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CCI Gives Nod to Schneider-L&T Deal(19.04.2019)
Competition Commission of India (CCI) has said it has given approval to Schneider's acquisition of Larsen & Toubro's electrical and automation busines.....
Tags : Competition Commission of India, Schneider-L&T Deal
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CCI Approves DHFL’s 50% Stake Sale in Pramerica MF(19.04.2019)
Competition Commission of India (CCI) has given its nod for transaction involving US-based Prudential Financial buying out DHFL’s 50 percent sharehold.....
Tags : Competition Commission of India, DHFL Pramerica Mutual Fund
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SC Issues Notice to Centre in Plea Seeking Repatriation of an Indian Army Captain(05.03.2021)
Supreme Court has issued notice in plea seeking directions to the Centre to take immediate steps for the repatriation or release of the petitioner's s.....
Tags : Supreme Court, Repatriation of an Indian Army Captain
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Delhi HC Stays PCI Communication Barring Govt Agencies from Advertising in Hindustan Media(08.03.2021)
Delhi High Court has stayed a communication issued by the Press Council of India (PCI) to the Government Departments, which had effectively barred all.....
Tags : Delhi High Court, Press Council of India, Hindustan Media Ventures Ltd
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#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
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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
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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
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Delhi HC Seeks Reply on IndiaMart's Plea for Contempt of Order on Copyright Infringement(24.03.2021)
Delhi High Court has issued notice to Just Dial Ltd and its Managing Director seeking their replies to a contempt application by IndiaMart InterMesh L.....
Tags : Delhi High Court, Just Dial Ltd, IndiaMart InterMesh Ltd
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Attorney General Refuses Consent to Initiate Contempt Proceedings Against Rahul Gandhi(24.03.2021)
Attorney General for India, KK Venugopal has declined to grant consent to initiate criminal contempt of proceedings against Congress Member of Parliam.....
Tags : Attorney General of India, Rahul Gandhi
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Attorney General Refuses Consent to Initiate Contempt Proceedings Against Rahul Gandhi(24.03.2021)
Attorney General for India, KK Venugopal has declined to grant consent to initiate criminal contempt of proceedings against Congress Member of Parliam.....
Tags : Attorney General of India, Rahul Gandhi
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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
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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
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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
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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
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CCI Directs Make My Trip and Go Ibibo to Allow FabHotels, Treebo to be Listed on Online Portals(15.03.2021)
Competition Commission of India has directed Make My Trip and Go Ibibo to allow FabHotels and Treebo to be listed on its online portals, after observi.....
Tags : Competition Commission of India, Make My Trip, Go Ibibo, FabHotels, Treebo
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Delhi HC Directs MEA in Case Where Indian Man Incorrectly Buried in Saudi Arabia(16.03.2021)
Delhi High Court has directed the Deputy Secretary, Ministry of External Affairs (MEA) to appear online before it in a case where an Indian man upon h.....
Tags : Delhi High Court, Incorrect Burial of Indian Man
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AAAR, UP: No ITC Can be Claimed on 5% GST Paid on Licence Fee to Indian Railway(19.03.2021)
Appellate Authority of Advance Ruling (AAAR), Uttar Pradesh while upholding the AAR’s ruling has held that no Input Tax Credit (ITC) can be claimed on.....
Tags : Appellate Authority of Advance Ruling, GST Paid on Licence Fee to Indian Railway
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Delhi HC Stays Direction to Centre to Prior Inform Foreigners, OCIs About Denial of Entry into India(08.04.2019)
Delhi High Court has put on hold its single judge order of August 2018 directing the Centre to inform in advance all blacklisted Overseas Citizen of I.....
Tags : Delhi High Court, Denial of Entry in India
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CCI Gives Green Signal to Larsen and Toubro's Proposal to Take Over Mindtree(08.04.2019)
Competition Commission of India (CCI) has said that it has approved Larsen and Toubro's proposed acquisition of Bengaluru-based IT firm Mindtree.
Tags : Competition Commission of India, L&T, Mindtree
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Reserve Bank Employees are Not Central Government Servants: Madras HC(15.04.2019)
Madras High Court has observed that the employees of Reserve Bank of India cannot be called as Government employees.
Tags : Supreme Court, Reserve Bank of India
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RBI Employees are Not Central Government Servants: Madras HC(15.04.2019)
Madras High Court has held that employees of Reserve Bank of India cannot be called as Government employees and also observed that fact that Central G.....
Tags : Madras High Court, Reserve Bank of India
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SC Issues Contempt Notice to Suraz Trust MD for Failure to Appear Before Court(06.04.2021)
Supreme Court has issued notice of contempt to Rajiv Daiya, MD of NGO Suraz India Trust whilst strongly deprecating his conduct and noting the non-com.....
Tags : Supreme Court, Rajiv Daiya, MD of NGO Suraz India Trust
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SEBI Imposes Penalty on Mukesh Ambani, Anil Ambani & Family for Irregularities in RIL Shareholding(08.04.2021)
Securities and Exchange Board of India has imposed a penalty of Rs 25 Crores on prominent members of the Reliance family Mukesh Ambani, Anil Ambani, N.....
Tags : Securities and Exchange Board of India, RIL Shareholding
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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
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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
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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
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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
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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
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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
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SEBI Fines IL&FS Securities, Alliance and Others for Alleged Fraudulent Transfer of Mutual Funds(05.07.2021)
Securities and Exchange Board of India has imposed penalties totalling more than Rs 32 Crores on IL&FS Securities Services (ISSL), Allied Financial Se.....
Tags : Securities and Exchange Board of India, IL&FS Securities, Alliance
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ITAT, Mumbai: Uber India Not Liable to Deduct TDS for Payments Made to Drivers(09.03.2021)
Income Tax Appellate Tribunal (ITAT), Mumbai has held that Uber India is not liable to deduct tax at source (TDS) for payments made to the drivers, po.....
Tags : Income Tax Appellate Tribunal, Uber India
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Madras High Court Directs Election Commission of India to Allot Distinctive Symbols(09.03.2021)
Madras High Court has directed the Election Commission of India (ECI) to allot distinctive symbols, as far as possible, to the candidates on the fray .....
Tags : Madras High Court, Election Commission of India, Allot Distinctive Symbols
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Calcutta High Court: Reserve Bank of India is 'State' Under Article 12(11.03.2021)
Calcutta High Court has held that the Reserve Bank of India (RBI) is "State" under Article 12 of the Constitution of India, 1949. The Court has furthe.....
Tags : Calcutta High Court, Reserve Bank of India
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Punjab & Haryana High Court Stays Deportation of Indian Origin Person to Kenya(11.03.2021)
Punjab and Haryana High Court has issued stay orders on the deportation of the petitioner to Kenya till next date of hearing in a plea raising an impo.....
Tags : Punjab and Haryana High Court, Deportation of Indian Origin Person to Kenya
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Lok Sabha Passes Indian Medical Council (Amendment) Bill, 2019(03.07.2019)
Lok Sabha has passed the Indian Medical Council (Amendment) Bill, 2019. The Union Minister for Health and Family Welfare noted that the Bill would be .....
Tags : Lok Sabha, Indian Medical Council (Amendment) Bill, 2019
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Rajya Sabha Passes Indian Medical Council (Amendment) Bill, 2019(05.07.2019)
Rajya Sabha has passed the Indian Medical Council (Amendment) Bill, 2019. The Bill, introduced by Health Minister Harsh Vardhan, allows for the supers.....
Tags : Rajya Sabha, Indian Medical Council (Amendment) Bill, 2019
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Indian Patent Office Refuses Invention-Related Application of Facebook(08.07.2019)
Indian Patent Office has declined an application filed by Facebook related to an invention, alleging that it is it patentable under Section 3(k) of th.....
Tags : Indian Patent Office, Facebook
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Bombay HC Sets Aside Arbitration Award Directing BCCI to Pay Compensation to DCHL(17.06.2021)
Bombay High Court has set aside the arbitration award directing Board for Control of Cricket in India (BCCI) to pay over Rs. 4800 crore to Deccan Chro.....
Tags : Bombay High Court, Board for Control of Cricket in India
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SEBI Notifies Promoters and Directors Dealings to be Brought Under System Driven Disclosures(17.06.2021)
Securities and Exchange Board of India has decided to bring listed companies' promoters and directors' dealings in listed debt securities under the pu.....
Tags : Securities and Exchange Board of India, Promoters and Directors Dealings
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ITAT, Mumbai Grants Relief to Red Hat India Pvt Ltd as AO Did Not Follow DRP’s Directions(05.07.2021)
Income Tax Appellate Tribunal (ITAT), Mumbai has ruled that adjustment relating to International Transactions pertaining to the provision of software .....
Tags : Income Tax Appellate Tribunal, Red Hat India Private Limited
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SEBI Reduces Time for Companies to Submit Application with Market Regulator for Obtaining NOC(06.07.2021)
Securities and Exchange Board of India has reduced the time period to 2 months for companies to submit an application with the markets regulator for o.....
Tags : Securities and Exchange Board of India, Application with Market Regulator for Obtaining NOC
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RBI Issues Review of Instructions on Interest on Overdue Domestic Deposits(06.07.2021)
Reserve Bank of India (RBI) has issued the review of instructions on Interest on overdue domestic deposits. The RBI has directed Banks to refer to dir.....
Tags : Reserve Bank of India, Interest on Overdue Domestic Deposits
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CESTAT, Delhi Directs Department to Allow Refund of Excise Duty Paid by Ray-Ban India(06.07.2021)
Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi has directed the central excise department to allow refund of excise duty paid by t.....
Tags : Customs, Excise and Service Tax Appellate Tribunal, Ray-Ban India
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RBI Allows Bank to Offer Lower Rate on Matured Fixed Deposits(06.07.2021)
Reserve Bank of India has allowed banks to offer the lower of either the savings deposit rate or fixed deposit rate on matured Fixed Deposits in a bid.....
Tags : Reserve Bank of India, Rate on Matured Fixed Deposits
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RBI Maintains Status Quo, Keeps REPO Rate Unchanged at 6.25%(07.06.2017)
Reserve Bank of India (RBI) has held on to policy rate at 6.25 percent in its monetary policy review on June 7, 2017, the second bi-monthly review for.....
Tags : Reserve Bank of India, REPO Rate
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CCI: Reliance Jio’s Free Services Not Anti-Competitive(12.06.2017)
Competition Commission of India has rejected telecom major, Bharti Airtel’s predatory pricing complaint against Reliance Jio and Reliance Industries L.....
Tags : Competition Commission of India, Anti-Competitive, Jio
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MP HC Rejects Plea Seeking Action Against Election Commission for Conducting Elections(28.04.2021)
Madhya Pradesh High Court has disposed of a plea filed seeking actions against the Election Commission of India for the State Legislative Assemblies o.....
Tags : Madhya Pradesh High Court, Election Commission of India
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CCI Approves Tata Group’s Acquisition of Online Grocery Platform BigBasket(30.04.2021)
Competition Commission of India (CCI) has approved acquisition by Tata Digital Limited of up to 64.3% of the total share capital of Supermarket Grocer.....
Tags : Competition Commission of India, Tata group, BigBasket
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Bar Council of India Extends Last Date of Registration for AIBE-XVI Examinations(30.04.2021)
Bar Council of India (BCI) has decided to extend the last date of registration for the All India Bar Exam (AIBE) XVI till June 15, 2021. The Bar Counc.....
Tags : Bar Council of India, AIBE-XVI Examinations
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Delhi HC Calls for High Level meeting for Assessing Demand for Tocilizumab in India(07.05.2021)
Delhi High Court has called for a high level meeting for assessing the demand for Tocilizumab in India and also to discuss the modalities for import a.....
Tags : Delhi High Court, Demand for Tocilizumab in India
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Competition Commission of India Imposes Rs 14 Crore Fine on Jaiprakash Associates(13.08.2019)
Competition Commission of India has imposed a penalty of nearly Rs 14 crore on Jaiprakash Associates for abusing its dominant market position by impos.....
Tags : Competition Commission of India, Jaiprakash Associates
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SEBI Imposes Penalty on Viaan Industries and Promoters for Violating Insider Trading Norms(29.07.2021)
Securities and Exchange Board of India has imposed a penalty of Rs 3 lakhs on Viaan Industries and its promoters Shilpa Shetty and her husband Raj Kun.....
Tags : Securities and Exchange Board of India, Viaan Industries
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MP HC Imposes Rs. 2 Lakh Exemplary Cost on SBI for 'Inhuman Approach'(29.07.2021)
Madhya Pradesh High Court has imposed exemplary cost of Rs. 2 lakhs on the State Bank of India (SBI) for adopting a very 'inhuman approach' while deal.....
Tags : Madhya Pradesh High Court, Cost on State Bank of India
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SEBI Levies Fine on Karvy Financial Service Ltd. for Delay in Announcing Acquiring of Shares(30.07.2021)
Securities and Exchange Board of India has levied a fine of Rs 10 lakh on Karvy Financial Services Ltd for delay in making public announcement to acqu.....
Tags : Securities and Exchange Board of India, Karvy Financial Services Ltd
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IBBI Clarifies Disciplinary Committee May Impose Monetary Penalty(30.07.2021)
Insolvency and Bankruptcy Board of India (IBBI) has issued a circular wherein it was clarified that the Disciplinary Committee of an Insolvency Profes.....
Tags : Insolvency and Bankruptcy Board of India, Disciplinary Committee, Monetary Penalty
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Rajya Sabha Passes Indian Forest Bill, Excludes 'Bamboo' from 'Tree' Category(28.12.2017)
Rajya Sabha has passed Indian Forest (Amendment) Bill, 2017, which excludes bamboo from the definition of "tree".
Tags : Rajya Sabha, Indian Forest Bill
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President Gives Assent to Law to Protect Unauthorised Colonies, Slums in Delhi(02.01.2018)
The President of India has given assent to Indian Institutes of Management Bill, 2017 which gives more autonomy to these institutes in their functioni.....
Tags : Indian Institutes of Management
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CCI Fines Gujarat Chemist Association for Limiting Medicine Supply(08.01.2018)
Competition Commission of India has fined the Chemists and Druggists Association of Baroda and Federation of Gujarat State Chemists and Druggists Asso.....
Tags : Competition Commission of India, Chemist
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Indian Patent Office Rejects TVS Motor Company's Two-Stroke Engine Patent Application(09.10.2019)
Indian Patent Office has rejected the application of TVS Motor Company, maker of two-wheelers and three wheelers for a patent on a new two-stroke inte.....
Tags : Indian Patent Office, TVS Motor
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ITAT, Bangalore: Payment to Federation of Indian Mineral Industries Deductible Business Expenditure(24.08.2021)
Income Tax Appellate Tribunal (ITAT), Bangalore has held that the payment made to the federation of Indian Mineral Industries is deductible from the b.....
Tags : Income Tax Appellate Tribunal, Payment to Federation of Indian Mineral Industries
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Madras HC Directs Indian Bank to Return to Channai Port Trust Amount Following Fraudulent Transaction(25.08.2021)
Madras High Court has directed Indian Bank, Koyambedu branch, to return to Chennai Port Trust (CPT) Rs. 55.19 crore out of Rs. 100.57 crore that had g.....
Tags : Madras High Court, Indian Bank
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Delhi High Court Sets Aside AIFF Elections(01.11.2017)
Delhi High Court has set aside election of Praful Patel as All India Football Federation (AIFF) president while ordering fresh elections within five m.....
Tags : Delhi High Court, All India Football Federation
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CCI Finds All-Kerala Chemist & Druggist Association Guilty Of Anti-Competitive Practices(03.11.2017)
Competition Commission of India has held the All Kerala Chemist and Druggist Association (AKCDA) and its district units in Thrissur and Kasaragod to b.....
Tags : Competition Commission of India, Anti-Competitive Practices
read»
CCI Finds All-India Film Employees Confederation, Affiliates Guilty of Anti-Competitive Practices(03.11.2017)
Competition Commission of India has held All-India Film Employees Confederation (AIFEC), Federation of Western India Cine Employees (FWICE) & its affi.....
Tags : Competition Commission of India, Anti-Competitive Practices
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SEBI Imposes Rs. 22 Crore fine on Aurobindo Pharma for Insider Trading(24.09.2019)
Securities and Exchange Board of India has imposed a fine of Rs. 22.7 crore on Aurobindo Pharma Ltd., its promoters and related entities for insider t.....
Tags : Securities and Exchange Board of India, Aurobindo Pharma Ltd.,SEBI
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Delhi HC Denies Anticipatory Bail to Indian Air Force Officer in Rape Case(15.09.2021)
Delhi High Court has denied anticipatory bail to an Indian Air Force Officer in a rape case after observing that the possibility of him repeating the .....
Tags : Delhi High Court, Indian Air Force Officer
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Bar Council of India Decides to Conduct AIBE XVI on October 31(16.09.2021)
Bar Council of India has decided to conduct the next All India Bar Examination (AIBE XVI) on October 31 and the date for registration for AIBE-16 is e.....
Tags : Bar Council of India, AIBE XVI
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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
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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
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SC: Signed Carbon Copy As Good As Original in Evidence(31.10.2019)
Supreme Court has held that signed carbon copy of a document is as good as the original document and can be admissible as a primary evidence under Sec.....
Tags : Supreme Court, Indian Evidence Act
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SEBI Tightens Asset Quality Disclosure Norms for All Listed Banks(01.11.2019)
Securities and Exchange Board of India (SEBI) has tightened the asset quality disclosure norms for banks and directed all listed lenders to make discl.....
Tags : Securities and Exchange Board of India, SEBI
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SC Issues Notice in Pleas Challenging 27% OBC, 10% EWS Reservations in NEET All India Quota(06.09.2021)
Supreme Court has issued notice in a writ petition challenging the decision of the Central Government to implement 27% OBC and 10% EWS reservation in .....
Tags : Supreme Court, EWS Reservations in NEET All India Quota
read»
Securities and Exchange Board of India Proposes T+1 Settlement Cycle from January 1(08.09.2021)
Securities and Exchange Board of India has proposed a ‘Trade-plus-one’ (T+1) settlement cycle from 1st January, 2022, where the trades will get settle.....
Tags : Securities and Exchange Board of India, T+1 Settlement Cycle
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RBI Notifies P2P Lending Platforms as NBFCs(21.09.2017)
Reserve Bank of India has notified that Peer-to-Peer (P2P) lending platforms will fall under the ambit of a Non-Banking Financial Company (NBFC).
Tags : Reserve Bank of India, Non-Banking Financial Company
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RBI Amends Investment, Trading Rules for Banks(26.09.2017)
Reserve Bank of India (RBI) has barred banks from investing in category III Alternative Investment Funds, specified norms for their participation in c.....
Tags : Reserve Bank of India, Alternative Investment Funds
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Delhi HC Issues Notice to Centre on Petition for Making Rape Provisions Gender-Neutral(28.09.2017)
Delhi High Court has issued notice to the Centre on a Petition challenging the Constitutional validity of Sections 375 and 376 of the Indian Penal Cod.....
Tags : Delhi High Court, Indian Penal Code
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Karnataka HC Issues Notice to NLSIU to Assist in Allocation of Fund Towards Government Schools(20.07.2021)
Karnataka High Court has issued notice to the National Law School of India University (NLSIU) to appear before it and assist the court in order to pre.....
Tags : Karnataka High Court, National Law School of India University
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Delhi HC Issues Notice to MEA on Plea for Repatriation of Five Indian Seafarers Stranded In Iran(21.07.2021)
Delhi High Court has issued notice on a plea moved by families of five Indian seafarers who are said to be stranded in Iran despite their acquittal by.....
Tags : Delhi High Court, Five Indian Seafarers Stranded In Iran
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SC: Consent of SEBI Not Mandatory for Compounding Offences Under SEBI Act(28.07.2021)
Supreme Court has held that the consent of the Securities and Exchange Board of India (SEBI) is not mandatory for the compounding of offences under se.....
Tags : Supreme Court, Securities and Exchange Board of India
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IBBI Amends Guidelines on Technical Standards for Performance of Core Services(29.07.2021)
Insolvency and Bankruptcy Board of India (IBBI) has notified the Guidelines for Technical Standards for the Performance of Core Services and Other Ser.....
Tags : Insolvency and Bankruptcy Board of India, Guidelines on Technical Standards for Performance of Core Services
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President Gives Node to IBC Amendment Act(22.01.2018)
President of India has given nod to amendments to the Insolvency and Bankruptcy Code that aims to keep defaulting promoters out of the resolution proc.....
Tags : President of India, Insolvency
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ITAT Delhi Orders Withdrawal of Tax Exemption to Congress-Controlled Young Indian(18.11.2019)
Income Tax Appellate Tribunal, Delhi has ruled that the withdrawal of income tax exemption to Young Indian, an entity controlled by Congress president.....
Tags : ITAT Delhi, Young India
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SC Holds 6 Indiabulls Directors Guilty of Contempt for Transferring Shares of Fortis Healthcare(18.11.2019)
Supreme Court has held six directors of Indiabulls Company guilty of contempt for moving 12.25 lakh shares of Fortis Healthcare Limited by Indiabulls .....
Tags : SC, Indiabulls
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Supreme Court Gives Nod for Pilot’s Insolvency Proceedings Against Air India(19.11.2019)
Supreme Court has asked the National Company Law Tribunal to consider afresh a plea by a serving Air India pilot who has sought to initiate insolvency.....
Tags : Supreme Court, Air India
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RBI Imposes Rs 1.75-Crore Penalty on Indian Bank for Non-Compliance(21.11.2019)
Reserve Bank of India has imposed a monetary penalty of a total of Rs 1.75 crore on Indian Bank for non-compliance with its various directions. The no.....
Tags : RBI, Indian Bank
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Securities and Exchange Board of India Notifies Simplified Norms for Ease of Doing Business(08.11.2021)
Securities and Exchange Board of India (SEBI) has notified as an ongoing measure to enhance the ease of doing business for investors in the securities.....
Tags : Securities and Exchange Board of India, Simplified Norms for Ease of Doing Business
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RBI Notifies Levy of Penal Interest on Banks for Delayed Reporting of Transactions(12.02.2018)
Reserve Bank of India has issued a notification regarding levy of penal interest on the Banks for delayed reporting of transactions.
Tags : Reserve Bank of India
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RBI Withdraws CDR, SDR, S4A, JLF Schemes to Restructure Bad Loans(13.02.2018)
Reserve Bank of India has scrapped Corporate Debt Restructuring, Sustainable Structuring of Stressed Assets, Strategic Debt Restructuring, & Flexible .....
Tags : Reserve Bank of India, Insolvency
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RBI Withdraws CDR, SDR, S4A, JLF Schemes to Restructure Bad Loans(13.02.2018)
Reserve Bank of India has scrapped Corporate Debt Restructuring, Sustainable Structuring of Stressed Assets, Strategic Debt Restructuring, & Flexible .....
Tags : Reserve Bank of India, Insolvency
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Karnataka High Court Vacates Interim Injunction and Allows Netflix To Stream "Crime Stories"(17.11.2021)
Karnataka High Court has vacated the ex-parte interim order granted earlier for restraining Netflix Entertainment from broadcasting, telecasting or ot.....
Tags : Karnataka High Court, Netflix, Crime Stories: India Detectives
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SEBI: Intermediary Ensure Persons Comply with Fit and Proper Person Criteria(19.11.2021)
Securities and Exchange Board of India (SEBI) has notified the Securities and Exchange Board of India (Intermediaries) (Third Amendment) Regulations, .....
Tags : Securities and Exchange Board of India, Persons Comply with Fit and Proper Person Criteria
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CESTAT, Ahmedabad Directs Revenue to Re-Consider Refund Claim of IOCL(23.11.2021)
Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad has given relief to Indian Oil Corporation Limited (IOCL) directing the Revenue.....
Tags : Customs, Excise and Service Tax Appellate Tribunal, Indian Oil Corporation Limited
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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
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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
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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
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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
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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
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ITAT, Delhi: Indian Youth Centre Trust Eligible for Income Tax Benefits(15.12.2021)
Income Tax Appellate Tribunal (ITAT), Delhi has held that the Indian Youth Centre Trust is eligible for income tax benefits under section 11 of the In.....
Tags : Income Tax Appellate Tribunal, Indian Youth Centre Trust
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Bar Council of India Postpones Proposed Elections to Offices of Chairman & Other Office Bearers(17.12.2021)
Bar Council of India (BCI) has informed the Karnataka High Court that it has postponed the proposed elections to the office of the Chairman, Vice-Chai.....
Tags : Bar Council of India, Proposed Elections to Offices of Chairman & Other Office Bearers
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CCI Directs Investigation Into Apple's App Store Policies on Allegations of Unfair Trade Practices(03.01.2022)
Competition Commission of India has directed investigation into the Apple's App Store policies with respect to allegations of unfair trade practices i.....
Tags : Competition Commission of India, Apple's App Store Policies
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Supreme Court: Any Direction Issued by RBI Derived from Statutory Power is Binding(05.01.2022)
Supreme Court has stated that Reserve Bank of India (RBI) has wide supervisory powers over financial institutions like SIDBI, in furtherance of which,.....
Tags : Supreme Court, Reserve Bank of India, Supervisory Powers
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Delhi HC Dismisses BJP MP Subramanian Swamy's Challenge to Air India Disinvestment Process(06.01.2022)
Delhi High Court has dismissed a PIL filed by BJP MP Subramanian Swamy, seeking to quash the Air India disinvestment process. The Court has said that .....
Tags : Delhi High Court, Air India Disinvestment Process
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CCI Directs Investigation Against Google For abusing Its dominant position(10.01.2022)
Competition Commission of India has directed investigation against Alphabet Inc., Google LLC, Google India Private Limited and Google Ireland Limited .....
Tags : Competition Commission Of India, Abuse of Dominant Position, Google
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SC Seeks Azim Premji's Response to Settlement Proposal of NGO India Awake For Transparency(12.01.2022)
Supreme Court has suggested a settlement be reached between Azim Premji and the NGO India Awake Transparency which is facing contempt proceedings for .....
Tags : Supreme Court, Settlement Proposal, Azim Premji, NGO India Awake For Transparency
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Allahabad HC Asks Sports Authority to Release Fund for Sponsoring Indian Handball National Team(13.01.2022)
Allahabad High Court has asked the Sports Authority of India to immediately release Rs.29.60 Lacs, the fund earmarked by it for the purpose of sponsor.....
Tags : Allahabad High Court, Indian Handball National Team
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SEBI Eases Norms for Rights Issues Until July 31(07.05.2020)
Securities and Exchange Board of India (SEBI) has given a one-time relaxation on strict enforcement of certain compliance norms related to rights issu.....
Tags : Securities and Exchange Board of India, Rights Issues
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SEBI Asks Franklin to Return Money to Investors in 6 Funds(08.05.2020)
Securities and Exchange Board of India has asked Franklin Templeton Mutual Funds to focus on returning the money to investors stuck in six funds as so.....
Tags : Securities and Exchange Board of India, Franklin Templeton Mutual Funds
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NCLT Refuses Petition Against India Steel(11.05.2020)
National Company Law Tribunal has refused to admit an insolvency Petition filed by India Resurgence Asset Reconstruction Company, a joint venture betw.....
Tags : National Company Law Tribunal, India Steel
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Kerala HC: Centre to Take Steps for Free of Cost Repatriation of Indians Unable to Meet Flight Fare(11.05.2020)
Kerala High Court has observed that the Government of India must take adequate steps to ensure repatriation of those who are unable to meet the flight.....
Tags : Kerala High Court, Free of Cost Repatriation of Indians
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SC Directs Centre on Pregnant Indian Woman's Repatriation Plea from USA(12.05.2020)
Supreme Court has directed the Centre to do the needful in a Petition seeking immediate repatriation of a pregnant woman from the United States of Ame.....
Tags : Supreme Court, Pregnant Indian Woman's Repatriation
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SEBI Eases Norms on Consolidated Numbers for Banks, Insurance Companies(13.05.2020)
Securities and Exchange Board of India (SEBI) has exempted banks and insurance companies from publishing consolidated financial results for the June q.....
Tags : Securities and Exchange Board of India, Banks, Insurance Companies
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Calcutta HC Dismisses PIL Praying to Print Netaji Subhas Chandra Bose's Image on Indian Currency(25.04.2022)
Calcutta High Court has dismissed a Public Interest Litigation (PIL) plea seeking directions to print images of Netaji Subhash Chandra Bose on Indian .....
Tags : Calcutta High Court, Indian Currency
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Authority for Advance Rulings Denies Tax Exemption Under India-Mauritius Treaty(28.02.2020)
Authority for Advance Ruling has denied any benefit of the India-Mauritius tax treaty under which the applicable rates are a bit lower. The Authority .....
Tags : Authority for Advance Ruling, Tax Exemption Under India-Mauritius Treaty
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SC Asks Kerala HC to Decide Challenge Against Airport Authority of India Decision on Merits(28.02.2020)
Supreme Court has set aside the decision of the Kerala High Court which held the Writ Petition filed by the Kerala Government challenging the decision.....
Tags : Supreme Court, Airport Authority of India
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CESTAT, Mumbai: Sahara India TV Network Can Utilize Cenvat Credit for Payment of Service Tax(28.02.2020)
Customs, Excise & Service Tax Appellate Tribunal (CESTAT) Mumbai has ruled that Sahara India TV Network is entitled to utilize Cenvat credit for payme.....
Tags : Customs Excise and Service Tax Appellate Tribunal, Sahara India TV Network
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SEBI Slaps Rs 17 Lakhs Fine on Motilal Oswal for Misuse of Clients’ Funds(02.03.2020)
Securities and Exchange Board of India has slapped a fine of Rs 17 Lakhs on Motilal Oswal Financial Services Ltd. for misuse of client funds as it fai.....
Tags : Securities and Exchange Board of India, Motilal Oswal
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ITAT: Consideration For Accessing Database Cannot Be Treated As 'Royalty'(08.03.2022)
Delhi Bench of Income Tax Appellate Tribunal (ITAT) has observed that the consideration for accessing Database cannot be treated as 'Royalty' under In.....
Tags : Income Tax Appellate Tribunal, Double Taxation Avoidance Agreement, India-US
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Securities and Exchange Board of India Levies Fine on 3 Entities in Illiquid Stock Options Case(11.03.2022)
Securities and Exchange Board of India has imposed a total of Rs 15 lakh fine on three entities for indulging in non-genuine trades in stock options o.....
Tags : Securities and Exchange Board of India, Illiquid Stock Options Case
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IBBI Exempts Lockdown Period from Time Line of Activity in Relation to Liquidation Process(20.04.2020)
Insolvency and Bankruptcy Board of India has stated that the period of lockdown imposed by the Central Government shall not be counted for the purpose.....
Tags : Insolvency and Bankruptcy Board of India, Time Line of Liquidation Process
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CCI Orders Probe Against Zomato and Swiggy On Complaint of Anti-Competitive Practices(06.04.2022)
Competition Commission of India has directed the Director General (DG) to investigate and determine whether the conduct of Zomato and Swiggy are anti-.....
Tags : Competition Commission of India, Director General, Zomato, Swiggy, anti-competitive, Section 3(1) and Section 3(4) of the Competition Act, 2002
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ITAT, Delhi Upholds Order Against Gandhi Family on Commercial Immovable Property(06.04.2022)
Income Tax Appellate Tribunal, Delhi has upheld the case against the Gandhi family in relation with commercial immovable properties worth more than Rs.....
Tags : Income Tax Appellate Tribunal, Gandhi family, commercial immovable properties, Rs 800 crore, Young Indian, share capital of Rs 5 lakh, hawala entry, Rs 1 crore
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Delhi HC: Collection of Service Charges from Donors Cannot Be Ground to Deny Tax Exemption(07.04.2022)
Delhi High Court has observed that the collection of service charges by India HIV AIDS Alliance from the donors cannot be treated as a reason to deny .....
Tags : Delhi High Court, service charges, India HIV AIDS Alliance, section 11, Income Tax Act, 1961, section 12
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Delhi HC: Breach of Contract u/s 74 Not Applicable at Pre-Formation Stage(07.04.2022)
Delhi High Court has admitted a writ petition that seeks refund of bid security paid by Indian Hotels Company Limited (IHCL) and has dismissed the all.....
Tags : Delhi High Court, bid security, Indian Hotels Company Limited, pre-formation stage, breach of contract
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RBI Opens Rs 50kcr Flexible Liquidity Window to Aid MFs(28.04.2020)
Reserve Bank of India (RBI) has opened a Rs 50,000 Crores flexible liquidity window to help mutual funds cope with redemption pressure, tempering inve.....
Tags : Reserve Bank of India, Liquidity Window
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Delhi HC Stays Interim Relief for Indiabulls on NCD Payouts(01.05.2020)
Delhi High Court has stayed the interim relief given to Indiabulls Housing Finance from paying dues to investors who hold non-convertible debentures (.....
Tags : Delhi High Court, Indiabulls Housing Finance Limited
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Delhi HC Grants Permanent Injunction In Trademark Infringement Suit Against ANINEWSINDIA(30.03.2022)
Delhi High Court has granted permanent injunction against ANINEWSINDIA in a trademark infringement suit filed by news agency ANI. The Court has injun.....
Tags : Delhi High Court, permanent injunction, ANINEWSINDIA, ANI, trademark infringement
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SC Orders Fresh Mop-up Round Counselling for NEET-PG 2021-22(31.03.2022)
Supreme Court has cancelled the mop-up round counselling held for All India Quota (AIQ) of the NEET-PG courses for the year 2021-22, and has ordered a.....
Tags : Supreme Court, mop-up round counseling, All India Quota, NEET-PG courses, 146 seats,
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Delhi HC: Production of Indian Spouse for Processing OCI Card Application not Always Possible(01.04.2022)
Delhi High Court has affirmed an order passed by the single judge excusing Iranian woman from producing her estranged Indian husband before the author.....
Tags : Delhi High Court, Overseas Citizen of India, OCI card
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Delhi HC: Production of Indian Spouse for Processing OCI Card Application not Always Possible(01.04.2022)
Delhi High Court has affirmed an order passed by the single judge excusing Iranian woman from producing her estranged Indian husband before the author.....
Tags : Delhi High Court, Overseas Citizen of India, OCI card
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ITAT, Delhi: License Fee Paid to Indian Railway Allowable as Depreciation(18.02.2020)
Income Tax Appellate Tribunal (ITAT), Delhi has held that depreciation under section 32 of the Income Tax Act, 1961 is allowable in respect of the amo.....
Tags : Income Tax Appellate Tribunal, License Fee Paid to Indian Railway
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Supreme Court Orders Removal of Overhead Power Transmission Lines to Save Bustards(19.02.2020)
Supreme Court has said that the overhead power transmission lines in the Desert National Park in Rajasthan’s Jaisalmer district and surrounding areas .....
Tags : Supreme Court, Great Indian Bustard
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Securities Appellate Tribunal Grants Securities and Exchange Board of India time in CG Power Case(19.02.2020)
Securities Appellate Tribunal has granted Securities and Exchange Board of India time till 10th March, 2020 to pass the final order in the matter rela.....
Tags : Securities Appellate Tribunal, Securities and Exchange Board of India, CG Power Case
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Securities and Exchange Board of India Fines Nine Firms Over Fraudulent Trading in Turbotech(19.02.2020)
Securities and Exchange Board of India has imposed a total fine of Rs. 59 Lakhs on nine firms for indulging in fraudulent trading in the scrip of Turb.....
Tags : Securities and Exchange Board of India, Fraudulent Trading in Turbotech
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DGFT Notifies Indian Trade Classification (Harmonised System) 2022 as per Finance Act, 2021(11.02.2022)
Director-General of Foreign Trade (DGFT) has notified the Indian Trade Classification (Harmonised System) 2022 (ITC (HS) 2022) to sync with the Fina.....
Tags : Director-General of Foreign Trade, Indian Trade Classification (Harmonised System) 2022
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Special CBI Court Convicts Lalu Prasad Yadav in Doranda Treasury Case(15.02.2022)
Special Central Bureau of India Court has convicted former Chief Minister of Bihar, Lalu Prasad Yadav in the case of illegal withdrawal of 139.5 crore.....
Tags : Special Central Bureau of India Court, Doranda Treasury Case
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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
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Bombay High Court Refuses Interim Stay on Sale of Tickets for India West Indies ODI(18.10.2018)
Bombay High Court, while hearing petitions challenging the BCCI’s decision to shift the match from Wankhede Stadium to Brabourne Stadium, has refused .....
Tags : Bombay High Court, India West Indies ODI
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TDSAT Rejects TRAI Plea to Change Airtel, VIL Interim Order(05.08.2020)
Telecom Disputes Settlement & Appellate Tribunal (TDSAT) has rejected the plea of Telecom Regulator of India to change its interim order to note that .....
Tags : Telecom Disputes Settlement and Appellate Tribunal, Telecom Regulatory Authority of India
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Reserve Bank of India Keeps Lending Rate Unchanged in the Bi-Monthly Monetary Policy(06.08.2020)
Reserve Bank of India has come out with the Bi-Monthly Monetary Policy whereby the key lending rate has remained unchanged. The Committee has kept rep.....
Tags : Reserve Bank of India, Bi-Monthly Monetary Policy
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Delhi HC Issues Notice in Plea Seeking BCI to Conduct All India Bar Exam Through Online Mode(07.08.2020)
Delhi High Court has issued notice in a plea seeking a direction to be issued to the Bar Council of India to conduct the All India Bar Examination thr.....
Tags : Delhi High Court, All India Bar Examination
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Madras HC: Age of Superannuation Fixed By AICTE Binding on All Universities/Institutions(18.04.2022)
Madras High court has ruled that the regulations prescribed by the All India Council for Technical Education (AICTE) are binding on all universities a.....
Tags : Madras High court, All India Council for Technical Education, universities, institutions
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SC Asks Petitioner to Move Representation Before Centre in Plea for Repatriation of Indians(18.05.2020)
Supreme Court has instructed the Petitioner to make appropriate representation before the Government in a plea seeking repatriation of Indian citizens.....
Tags : Supreme Court, Repatriation of Indians from Kuwait
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Delhi HC: Centre to Operate Flights for Indians Stranded Within Limitations of Available Resources(19.05.2020)
Delhi High Court has said that it expects that the Central Government would take all necessary steps, within the limitation of the resources available.....
Tags : Delhi High Court, Stranded Indians
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RBI Slashes Key Rate 40 Basis Points to New All-Time Low(25.05.2020)
Reserve Bank of India has cut key interest rates by 40 basis points to a new low of 4%, citing an assessment of Gross Domestic Product contraction in .....
Tags : Reserve Bank of India, Interest Rates
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SC Closes Two Cases After Centre Completed Evacuation of Indian Students from Ukraine(22.03.2022)
Supreme Court has closed two cases after the Centre said it had completed evacuating 22,500 stranded Indian students from the war zone in Ukraine. The.....
Tags : Supreme Court, Evacuation of Indian Students from Ukraine
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SEBI Bars Promoter of Deccan Chronicle Holding from Market for Various Violations(24.03.2022)
Securities and Exchange Board of India has barred the promoters of Deccan Chronicle Holdings Ltd (DCHL) from the securities market for a period rangin.....
Tags : Securities and Exchange Board of India, Deccan Chronicle Holding
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SEBI Imposes Fine on Axis Bank for Failure to Make Disclosures(25.03.2022)
Securities and Exchange Board of India has imposed a fine of Rs. 5 lakh on Axis Bank for failing to make requisite disclosures under the merchant bank.....
Tags : Securities and Exchange Board of India, Axis Bank
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Delhi HC Grants John Doe Order In Favour Of Amway India In Non-IPR Suit(12.09.2018)
Delhi High Court recently had occasion to pass a John Doe order against retail/wholesale shops for selling Amway products without due authorisation.
Tags : Delhi High Court, Amway India
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President of India Appoints Justice Ranjan Gogoi as the 46th Chief Justice of India(14.09.2018)
President of India has appointed Justice Ranjan Gogoi as the next Chief Justice of India. He will assume the office of Chief Justice on 3rd October, 2.....
Tags : Supreme Court, Chief Justice of India
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BCI Extends Deadline to Furnish Details of Advocates Registered with District Bar Associations(11.08.2020)
Bar Council of India has extended the deadline for submission of details of all practising Advocates registered with the concerned District and Taluka.....
Tags : Bar Council of India, Details of Advocates Registered with District Bar Associations
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BCI Notifies Mediation with Conciliation as Compulsory Subject for LLB Courses(17.08.2020)
Bar Council of India has notified that "Mediation with Conciliation" shall be a compulsory subject to be taught with effect from the Academic Session .....
Tags : Bar Council of India, Mediation and Conciliation as Subjects
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CCI Dismisses Plea Alleging Abuse of Dominant Position by Whatsapp & Facebook(24.08.2020)
Competition Commission of India has dismissed a plea which sought investigation against Whatsapp and Facebook for alleged abuse of dominant position b.....
Tags : Competition Commission of India, Whatsapp and Facebook
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Karnataka HC: Invoking S.138 Of NI Act Does Not Bar Registration of Crime Under Section 420(16.05.2022)
Karnataka High Court has held that proceedings under Section 420 of the Indian Penal Code are maintainable even if a complaint has been invoked under .....
Tags : Karnataka High Court, Section 420 of Indian Penal Code, 1860, Negotiable Instruments Act, 1881
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Bombay HC Grants Bail to POCSO Accused; Says Kissing & Fondling Not Unnatural Offence U/S 377 IPC(16.05.2022)
Bombay High Court has granted bail to a man accused of a minor boy's sexual assault
and observed that kissing and touching private parts are prima fa.....
Tags : Bombay High Court, Indian Penal Code, 1860, Section 377, kissing, private parts
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CESTAT, Delhi: No Service Tax on Toll Collection on Behalf of NHAI(08.04.2022)
Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi has observed that an independent contractor is not liable to pay service tax while .....
Tags : Customs, Excise and Service Tax Appellate Tribunal, independent contractor, National Highways Authority of India, toll collection
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Manipur HC: Cognizance Can't Be Taken for Offence u/s 188 IPC(08.04.2022)
Manipur High Court has held that Magistrate cannot take cognizance of a complaint which involves an offence punishable under Section 188 of the Indian.....
Tags : Manipur High Court, Magistrate, cognizance, Section 188 of the Indian Penal Code, 1860, public servant
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Madras HC: Quota for Government School Students in Medical Admissions Justified(08.04.2022)
Madras High Court has upheld the validity of Tamil Nadu Admission to Undergraduate Courses in Medicine, Dentistry, Indian Medicine and Homeopathy on f.....
Tags : Madras High Court, Tamil Nadu Admission to Undergraduate Courses in Medicine, Dentistry, Indian Medicine and Homeopathy, reservation, Government Schools, undergraduate
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ITAT, Bangalore: No Rationale in Making Additions to Income on Violation of RBI Notifications(11.04.2022)
Income Tax Appellate Tribunal, Bangalore has observed that there is no rationale in the action of the Assessing Officer of making additions to income .....
Tags : Income Tax Appellate Tribunal, rationale, Assessing Officer, assesse, Section 68 of the Income Tax Act, 1961, Reserve Bank of India
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Allahabad HC: Weapon's Discovery on Disclosure Statement of Accused Not Enough to Prove Guilt(11.04.2022)
Allahabad High Court has held the discovery of the material object/crime weapon at the disclosure of the accused is important under Section 27 of the .....
Tags : Allahabad High Court, Section 27 of the Indian Evidence Act, 1872, discovery, weapon
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SC: Article 32 is an Important & Integral Part of Basic Structure of Constitution(04.12.2020)
Supreme Court has reiterated that Article 32 is an important and integral part of the basic structure of the Constitution of India, 1949. Article 32 i.....
Tags : Supreme Court, Article 32 of Constitution of India
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Delhi HC Directs RBI to Reconsider Jindal Steel and Power Ltd Application(07.12.2020)
Delhi High Court has remanded to the Reserve Bank of India, an application by Jindal Steel and Power Ltd (JSPL) to transmit $300 million to its wholly.....
Tags : Delhi High Court, Reserve Bank of India, Jindal Steel and Power Ltd
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Delhi HC Directs RBI to Reconsider Jindal Steel and Power Ltd Application(07.12.2020)
Delhi High Court has remanded to the Reserve Bank of India, an application by Jindal Steel and Power Ltd (JSPL) to transmit $300 million to its wholly.....
Tags : Delhi High Court, Reserve Bank of India, Jindal Steel and Power Ltd
read»
Gujarat HC: University Rules Prevails Over BCI Rules in Conducting Exams for LLB Admissions(27.06.2022)
Gujarat High Court has held that in terms of conduction of examination and results for admission to LLB course, the rules of a University would prevai.....
Tags : Gujarat High Court, LLB, Bar Council of India Rules
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Delhi HC Restrains Narinder Batra from Discharging Functions as President of IOA(27.06.2022)
Delhi High Court while restrained Narinder Dhruv Batra from discharging functions as President of Indian Olympic Association (IOA) has held that purit.....
Tags : Delhi High Court, Indian Olympic Association, Restrain
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Delhi HC Restrains Unauthorised DTH Operators from Broadcasting India-England Series(30.06.2022)
Delhi High Court has passed an ex-parte order restraining 39 rogue websites/unauthorized DTH Operators from illegally streaming the matches of the upc.....
Tags : Delhi High Court, Unauthorised DTH Operators, India-England Series
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Calcutta HC Grants Anticipatory Bail to Youth Leader iIn Case of Alleged Violence During Protest(20.04.2022)
Calcutta High Court has granted anticipatory bail to prominent youth leader and president of West Bengal Demorcatic Youth Federation of India, Meenaks.....
Tags : Calcutta High Court, anticipatory bail, youth leader, West Bengal Demorcatic Youth Federation of India, Meenakshi Mukherjee, Anis Khan, violence
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Calcutta HC Grants Anticipatory Bail to Youth Leader iIn Case of Alleged Violence During Protest(20.04.2022)
Calcutta High Court has granted anticipatory bail to prominent youth leader and president of West Bengal Democratic Youth Federation of India, Meenaks.....
Tags : Calcutta High Court, anticipatory bail, youth leader, West Bengal Demorcatic Youth Federation of India, Meenakshi Mukherjee, Anis Khan, violence
read»
Madhya Pradesh HC: Benefit of MEIS Scheme Can't Be Availed If Not Opted in Shipping Bill(20.04.2022)
Madhya Pradesh High Court has ruled that the benefit of the Merchandise Exports from India Scheme (MEIS Scheme) can’t be availed if it is not opted fo.....
Tags : Madhya Pradesh High Court, Merchandise Exports from India Scheme, shipping bill, export
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Madras High Court Grants Pre-Arrest Bail to IIT-M Professors in PhD Scholar Sexual Harassment Case(21.04.2022)
Madras High Court has granted Anticipatory Bail to two professors of the Indian Institute of Technology, Madras (IIT-M) in relation with a case for se.....
Tags : Madras High Court, Anticipatory Bail, Indian Institute of Technology, PhD
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Delhi HC: 50% Marks in Science in Intermediate Exam Necessary for Foreign Qualified MBBS(21.04.2022)
Delhi High Court has ruled that considering the provisions of the Indian Medical Council Act, 1956, a foreign qualified MBBS is required to obtain 50%.....
Tags : Delhi High Court, Indian Medical Council Act, 1956, MBBS, Screening Test
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Delhi HC: High Court's Supervisory Jurisdiction Over Orders Under Order 39 Rules 1&2 Restricted(26.04.2022)
Delhi High Court has ruled that the scope of interference in exercise of its supervisory jurisdiction of the High Court under Article 227 of the Const.....
Tags : Delhi High Court, Article 227, Constitution of India, Code of Civil Procedure, 1908, Order XXXIX, supervisory jurisdiction
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SC Junks Plea of Inquiry in Ram Navami Clashes(27.04.2022)
Supreme Court has junked a plea seeking the setting up of a judicial inquiry commission, headed by a former Chief Justice of India, to probe into the .....
Tags : Supreme Court, judicial inquiry commission, Chief Justice of India, Ram Navami, Ramzan
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ITAT, Mumbai: Data Retrieved From Pen Drive Can’t be Sole Evidence For Re-Assessment(28.04.2022)
Income Tax Appellate Tribunal, Mumbai has held that the data retrieved from the pen drive seized during the search can’t be a sole basis for re-assess.....
Tags : Income Tax Appellate Tribunal, data retrieved, Income Tax Act, 1961, section 147, section 148, section 65B (4), Indian Evidence Act, 1872
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Delhi HC: Child Bearing Age of Officers Not to be Irretrievably Prejudiced by Non-Grant of Relief(28.04.2022)
Delhi High Court has observed that child-bearing age for the young couple should not be irretrievably prejudiced by the non-grant of a relieving order.....
Tags : Delhi High Court, child-bearing age, All India Service officers
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ITAT, Delhi: Amount from Indian Associate for Support Service is not Fees and not liable to Tax(02.05.2022)
Income Tax Appellate Tribunal, Delhi has observed that amount expected from Indian Associate for Support Service is not Fees for Included Services and.....
Tags : Income Tax Appellate Tribunal, Indian Associate, Support Service
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Delhi HC: Writ Remedy Cannot be Invoked in Tax Matters(02.05.2022)
Delhi High Court has held that the writ remedy under Article 226 of the Indian Constitution cannot be invoked in tax matters as the Income Tax Act, 19.....
Tags : Delhi High Court, article 226, Indian Constitution, Income Tax Act, 1961
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Punjab & Haryana HC: Appointment on Contractual Basis Without Public Advertisement Not Regularized(11.04.2022)
Punjab and Haryana High Court has observed that employees appointed on contractual basis sans any advertisement and contrary to the provisions of Arti.....
Tags : Punjab and Haryana High Court, contractual basis, advertisement, Article 14, Article 16, Constitution of India
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Bombay HC: Petitions on Ground of Exceptional Circumstances by Arbitral Tribunal Not Maintainable(11.04.2022)
Bombay High Court has held that remedy under Section 16 of the Arbitration and Conciliation Act, 1996 lies elsewhere and the petitioners cannot file W.....
Tags : Bombay High Court, Arbitration and Conciliation Act, 1996, Article 226, Article 227, Constitution of India, exceptional circumstances
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Madras HC: Removal from Service for Alleged Past Misconduct Unsustainable(11.04.2022)
Madras High Court has ruled that a past misconduct of the employee can’t be a reason for imposing a major penalty such as removal from service under I.....
Tags : Madras High Court, misconduct, removal, service, Indian Maritime University Teaching and Non-Teaching Employees (Terms and Conditions of Services) Rules)
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Delhi Court: Denies Bail to Sharjeel Imam Denied Bail Inin Delhi Riots Larger Conspiracy Case(12.04.2022)
Delhi Court has dismissed the bail plea moved by Sharjeel Imam in connection with a case alleging larger conspiracy into the Delhi riots of 2020, invo.....
Tags : Delhi Court, Sharjeel Imam, conspiracy, Indian Penal Code, Unlawful Activities (Prevention) Act
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Delhi HC Dismisses Red Bull Application for Interim Injunction Against PepsiCo(12.04.2022)
Delhi High Court has dismissed Red Bull AG's application for interim injunction against PepsiCo India, holding that prima facie, the latter's tagline,.....
Tags : Delhi High Court, Red Bull, interim injunction, PepsiCo India, tagline, energy drink
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ICAI Announces Cut-off Date for Conversion from Earlier Scheme to Revised Scheme(28.07.2020)
Institute of Chartered Accountants of India ( ICAI ) has announced the cut-off date for conversion from Earlier Scheme to Revised Scheme of CA Final E.....
Tags : Institute of Chartered Accountants of India, Conversion from Earlier Scheme to Revised Scheme
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BCI Postpones All India Bar Examination to be Held on August 16(31.07.2020)
Bar Council of India has decided to postpone the date of the All India Bar Examination (AIBE) which was to be held on 16th August, 2020 in wake of the.....
Tags : Bar Council of India, All India Bar Examination
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SC: Charge Under IPC Can Continue Irrespective of Sanction Under Prevention of Corruption Act(31.07.2020)
Supreme Court has observed that the charge against an accused for offence punishable under the Indian Penal Code, 1860 can continue irrespective of th.....
Tags : Supreme Court, Change under Indian Penal Code
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Gujarat HC: Supply of Services Outside India by "Intermediaries" Not Export(04.08.2020)
Gujarat High Court has ruled that supply of services outside India by "intermediaries" in India is not an export, thereby continuing their liability o.....
Tags : Gujarat High Court, Supply of Services Outside India by "Intermediaries”
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SEBI Issues Guidelines for Proxy Advisors(04.08.2020)
Securities and Exchange Board of India (SEBI) has said proxy advisors should share their reports with their clients and the company they are examining.....
Tags : Securities and Exchange Board of India, Proxy Advisors
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SC: NBFCs Cannot be Regulated by State Enactments(11.05.2022)
Supreme Court has ruled that state laws cannot govern Reserve Bank of India-regulated non-banking financial companies (NBFCs). The top court stated th.....
Tags : Supreme Court, Non-banking financial companies, Reserve Bank of India
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SC Puts Sedition Law on Hold, Asks Govts Not to Register Cases(11.05.2022)
Supreme Court has put the sedition Law on hold, and urged the central and state governments not to file any First Information Reports (FIRs) under Sec.....
Tags : Supreme Court, sedition, Section 124A, Indian Penal Code, 1860
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Delhi HC Restrains Ex-Employee of Air India from Posting Allegations Against Company(12.10.2020)
Delhi High Court has restrained an ex-employee of Air India from directly or indirectly, publishing and/or commenting or communicating or issuing any .....
Tags : Delhi High Court, posting of Allegations Against Air India by Ex-Employee
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Delhi HC Issues Notice in Anil Ambani's Plea Seeking Impleadment of Chinese Banks(13.10.2020)
Delhi High Court has issued notice in an application moved by Anil Ambani seeking the impleadment of Chinese banks in his pending Petition challenging.....
Tags : Delhi High Court, Anil Ambani, State Bank of India
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P&H HC: Factories Act Does Not Override Indian Penal Code(13.06.2022)
Punjab and Haryana High Court has held that provision of Factories Act, 1948 are not in substitution but are supplemental to any other Act. Therefore .....
Tags : Punjab and Haryana High Court, Factories Act, Indian Penal Code
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P&H HC: Person With Single Testicle Not Unfit to Serve Indian Navy(15.06.2022)
Punjab and Haryana High Court has held that having single testicle is not a disability that would render a candidate unfit for serving the Indian Navy.....
Tags : Punjab and Haryana High Court, Indian Navy, Testicle
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IBBI Amends its Regulations on Information Utilities(20.06.2022)
Insolvency and Bankruptcy Board of India (IBBI) has introduced second round of amendments to the Insolvency and Bankruptcy Board of India (Information.....
Tags : Insolvency and Bankruptcy Board of India, Amendments
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SC: Plea to Remove Minister Can be Listed Only After Placing Before CJI(23.06.2022)
Supreme Court has held that PIL seeking direction to Delhi and Maharashtra Government to remove its Health Minister Satyendar Jain & Cabinet Minister .....
Tags : Supreme Court, Chief Justice of India, Money Laundering
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RBI Directs Banks Not to Grant/Renew Permissions to Foreign Law Firms for Opening Liaison Offices(24.11.2020)
Reserve Bank of India has directed the banks not to grant fresh permissions/ renewal of permission to any foreign law firm for opening of Liaison Offi.....
Tags : Reserve Bank of India, Permissions to Foreign law Firms
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Income Tax Appellate Tribunal (ITAT), Bangalore Confirms Disallowance Against Nike India(25.11.2020)
Income Tax Appellate Tribunal (ITAT), Bangalore has confirmed disallowance against Nike India, stating that the burden of expenditure for new product .....
Tags : Income Tax Appellate Tribunal, Nike India
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Delhi HC Accepts Sony’s Plea for Exclusive Rights in India Australia International Cricket Series(25.11.2020)
Delhi High Court has accepted Sony Pictures' Network India Pvt Ltd's plea before it claiming exclusive media rights in the forthcoming India Australia.....
Tags : Delhi High Court, Sony Pictures' Network India Pvt Ltd, India Australia International Cricket Series, 2020
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Kerala HC Grants Bail to Headload Worker Who Shared Indecent Facebook Posts Against Muhammad Nabi(21.09.2022)
Kerala High Court has granted bail to a headload worker booked under Section 153 A of Indian Penal Code and Section 120(o) of the Kerala Police Act fo.....
Tags : Kerala High Court, Indian Penal Code, Bail
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Bombay HC: Writ Petitions No Longer Maintainable Against Air India Owing to Airline's Privatization(22.09.2022)
Bombay High Court has held that writ petitions brought by Air India Ltd employees against the company over salaries and promotions are no longer maint.....
Tags : Bombay High Court, Writ, Air India, Privatization
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SC Appoints Former Judge L Nageswara Rao for Amending IOA’s Constitution(23.09.2022)
Supreme Court has appointed its former Judge L. Nageswara Rao, to take over the process of amending the Indian Olympic Association’s (IOA) constitutio.....
Tags : Supreme Court, Indian Olympic Association, Constitution
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Karnataka HC Expresses Doubts About Members Appointed for Great Indian Bustard(22.01.2021)
Karnataka High Court has expressed doubts about members appointed by the state government in the advisory committee formed for development and upliftm.....
Tags : Karnataka High Court, Great Indian Bustard
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Gujarat HC Grants Interim Relief to Law Graduate to Appear for All India Bar Examination(25.01.2021)
Gujarat High Court has granted interim relief to a law graduate, whose application for enrolment with the State Bar Council has been kept pending for .....
Tags : Gujarat High Court, Law Graduate, All India Bar Examination
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CCI Urges Govt to Ensure Adequate 5G Airwaves to be Auctioned at Affordable Rates(25.01.2021)
Competition Commission of India (CCI) has urged the government to ensure adequate 5G airwaves are auctioned at affordable rates amid acute financial s.....
Tags : Competition Commission of India, Auction of 5G Airwaves
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Kerala HC Directs State Govt To File Report On Amount Quantified Towards Damage Of Property(17.10.2022)
Kerala High Court has directed the State government to file a report on the amount of damages that has been quantified by it in connection with strike.....
Tags : Kerala High Court, Popular Front of India, State government
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Kerala HC Seeks Details of Treatment Being Given to Injured KSRTC Employees(18.10.2022)
Kerala High Court has asked for full details regarding the treatment provided to Kerala State Road Transport Corporation (KSRTC) employees, who sustai.....
Tags : Kerala High Court, Kerala State Road Transport Corporation, Popular Front of India
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DY Chandrachud Appointed as 50th CJI, to Take Oath on Nov 9(18.10.2022)
President of India has appointed Justice Dhananjaya Yeshwant Chandrachud as the Chief Justice of India (CJI) w.e.f 9th November 2022. He will take ove.....
Tags : President of India, Chief Justice of India
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SC Tells Archery Association to Hold Fresh Polls in Four Weeks(02.05.2019)
Supreme Court has directed the Archery Association of India (AAI) to hold fresh polls within four weeks for various positions of office-bearers in the.....
Tags : Supreme Court, Archery Association of India
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ITAT, Pune: Reimbursement on Welfare Expenses Incurred by Multinationals in India Not Taxable(18.05.2021)
Income Tax Appellate Tribunal (ITAT), Pune has said that reimbursement on welfare expenses incurred by multinationals in India shall not be taxable if.....
Tags : Income Tax Appellate Tribunal, Reimbursement on Welfare Expenses Incurred by Multinationals in India
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SEBI Levies Rs 5.25 Crore Fine on Cairn India in Share Buyback Case(20.05.2021)
Securities and Exchange Board of India has imposed a penalty of Rs 5.25 crore on Cairn India for making a misleading announcement regarding the buybac.....
Tags : SEBI, Cairn India
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Delhi HC Directs SBI to Open FCRA Accounts of NGOs Within 10 Days of Receiving Centre's Approval(24.05.2021)
Delhi High Court has directed the State Bank of India (SBI) to ensure that applications for opening the Foreign Contribution (Regulation) Act, 2010 (F.....
Tags : Delhi High Court, State Bank of India, FCRA Accounts
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SC: BCI Has Power to Prescribe AIBE(10.02.2023)
Supreme Court Constitution Bench has upheld the power of the Bar Council of India (BCI) to require law graduates to qualify for the All-India Bar Exam.....
Tags : Supreme Court, Bar Council of India, AIBE
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SC Stays Order Sentencing Major General of Indian Army to Civil Imprisonment(19.03.2021)
Supreme Court has stayed the execution of an order sentencing a Major General of Indian Army and Defence Estates officers to civil imprisonment for 2 .....
Tags : Supreme Court, Major General of Indian Army, Civil Imprisonment
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MP High Court Junks Plea Alleging Illegality In Sale Of Tickets in Ind vs. NZ ODI Match(23.01.2023)
Madhya Pradesh High Court while observing that a PIL on the basis of newspaper reporting is not maintainable, has dismissed a PIL alleging that illega.....
Tags : Madhya Pradesh High Court, Public Interest Litigation, Cricket Match, India, New Zealand
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All. HC Grants Bail To Nizamuddin Khan Booked Under UAPA For Alleged PFI Connection(23.01.2023)
Allahabad High Court has granted bail to Nizamuddin Khan, the State President of the Social Democratic Party of India (SDPI) in the UAPA case over his.....
Tags : Allahabad High Court, Nizamuddin Khan, UAPA, Popular Front of India
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Bombay HC: Administrator Could Not Have Taken Policy Decision After Reconstruction of Yes Bank(23.01.2023)
Bombay High Court has set aside Yes Bank’s decision to write of Additional Tier 1 bonds Rs. 8415 Crore value observing that the Reserve Bank of India .....
Tags : Bombay High Court, Yes Bank, Reserve Bank of India
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Ker. HC Directs Claims Commissioner To Start Proceedings For Quantification Of Loss From Next Week(25.01.2023)
Kerala High Court has directed the Claims Commissioner to commence proceedings for quantification of the damages caused on account of Flash Hartal cal.....
Tags : Kerala High Court, Claims Commissioner, quantification, Flash Hartal, Popular Front of India
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CJI DY Chandrachud: 1,091 SC Judgments To Be Released In Regional Languages On Republic Day(25.01.2023)
Chief Justice of India (CJI) DY Chandrachud has said that the process of releasing Supreme Court (SC) judgments in regional languages has begun and as.....
Tags : Chief Justice of India, DY Chandrachud , judgments, Supreme Court
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“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
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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
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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
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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
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Govt Exempts Bonds of Indian Railway Finance Corporation from Income Tax(14.08.2017)
Central Board of Direct Taxes (CBDT) has notified that Bonds of Indian Railway Finance Corporation will be exempted from Income Tax under section 54EC.....
Tags : Bonds, Indian Railway
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SEBI Notifies New Disclosure Norms on Business Responsibility and Sustainability Reporting(12.05.2021)
Security and Exchange Board of India (SEBI) has notified the new disclosure norms pertaining to Business responsibility and sustainability reporting b.....
Tags : Securities and Exchange Board of India, Business Responsibility and Sustainability Reporting
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Delhi HC to DGCA: Constitute Appellate Committee to Hear Appeal Against ‘Unruly Passenger’ Tag(23.03.2023)
Delhi High Court has directed Director General of Civil Aviation (DGCA) to constitute an appellate committee to hear appeal of accused in Air India ur.....
Tags : Delhi High Court, DGCA, Air India, Unruly Passenger
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RBI Penalizes Fourteen Banks for Non-Compliance with Provisions on Lending to Non-bank Lenders(08.07.2021)
Reserve Bank of India has penalised fourteen banks including State Bank of India, Bank of Baroda, IndusInd Bank and Bandhan Bank for non-compliance wi.....
Tags : Reserve Bank of India, Non-Compliance with Provisions on Lending to Non-bank Lenders
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Delhi HC Rejects Plea of Candidate Found Medically Unfit for Indian Air Force(09.07.2021)
Delhi High Court has rejected the plea of a candidate who was found medically unfit for being overweight by 2 KGs as per the medical fitness standards.....
Tags : Delhi High Court, Medically Unfit for Indian Air Force
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All. HC: S. 106 IEA Not Attracted Unless Initial Burden of Establishing Guilt of Accused Discharged(30.05.2023)
Allahabad High Court has observed that Section 106 of the Indian Evidence Act (IEA) cannot be attracted in a case unless prosecution prima facie disch.....
Tags : Allahabad High Court, Section 106 of the Indian Evidence Act
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Kerala HC: Education Loan Can’t be Rejected for Low CIBIL Score of Student(31.05.2023)
Kerala High Court has held that an application for education loan by a student could not be rejected by a bank on the ground of a low Credit Informati.....
Tags : Kerala High Court, Credit Information Bureau (India) Limited (CIBIL), Education Loan
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Delhi HC to BCI: Foreign Nationals Also Entitled To Seek Enrolment(31.05.2023)
Delhi High Court while observing that foreign nationals are not per se barred from being considered for enrolment on a State roll under Section 24 of .....
Tags : Delhi High Court, Foreign Nationals, Bar Council of India, Enrolment, Section 24 of the Advocates Act
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Reserve Bank of India Revises Stressed Asset Norms(10.06.2019)
Reserve Bank of India (RBI) has issued a new prudential framework for resolution of stressed assets, effectively replacing its 12 February 2018 circul.....
Tags : Reserve Bank of India, Stressed Asset
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Reserve Bank of India Eases Norms for No-Frills Accounts(11.06.2019)
Reserve Bank of India has eased the norms for the Basic Savings Bank Deposit (BSBD) accounts popularly known as no-frills accounts by allowing banks t.....
Tags : Reserve Bank of India, No-Frills Accounts
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Delhi High Court Quashes Termination and Directs Reinstatement of Air India Pilots(02.06.2021)
Delhi High Court has quashed the Air India’s decision on termination of services of pilots including contractual ones due to financial difficulties in.....
Tags : Delhi High Court, Air India Pilots
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Karnataka HC Refuses to Quash UGC Notification Restricting Physical Jurisdiction of NLSIU(02.06.2021)
Karnataka High Court has refused to quash a public notice and regulations issued by University Grants Commission by which it restricts the physical ju.....
Tags : Karnataka High Court, National Law School of India University
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Gau HC to Centre & State: Stop Illegal Mining by Coal India Ltd in Forest Areas of Digboi Division(03.04.2023)
Gauhati High Court has directed Centre and State government to stop Coal India Ltd. from undertaking mining activities in Saleki Proposed Reserve Fore.....
Tags : Gauhati High Court, Illegal Mining, Coal India
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Guj. HC: CCI’s Investigation Order Doesn’t Affect Rights and Liability of Party(04.04.2023)
Gujarat High Court while dismissing petition filed by J.K. Paper Ltd. challenging an investigation order by Competition Commission of India (CCI) obse.....
Tags : Gujarat High Court, Competition Commission of India, Investigation Order
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Bengaluru Court Passes Interim Injunction Against Google India(20.06.2019)
Bengaluru Court has granted an interim order of injunction against Google India, directing it to refrain from diverting the traffic of the official si.....
Tags : Bengaluru Court, Google India
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ITAT Bangalore Deletes Addition Against Flipkart India(20.06.2019)
Income Tax Appellate Tribunal (ITAT Bangalore) has granted relief to the e-com giants Flipkart India by deleting the additions made by the Income Tax .....
Tags : ITAT Bangalore, Flipkart India
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SEBI Tightens Rules for Usage of Client Funds by Brokerages(21.06.2019)
Securities and Exchange Board of India (SEBI) has tightened the rules for usage of client funds by brokerages and asked brokers to transfer the securi.....
Tags : Securities and Exchange Board of India, SEBI
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BCI: End-Term Examination Mandatory in All Law Schools or Universities(10.06.2021)
Bar Council of India has notified its decision that an end-term examination is mandatory to be conducted by all Law Schools or Universities, and the U.....
Tags : Bar Council of India, End-Term Examination
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Bar Council of India Extends Last Date of Registration for All India Bar Examination XVI(14.06.2021)
Bar Council of India (BCI) has decided to extend the last date of registration for the All India Bar Exam (AIBE) XVI till 15th July, 2021. The resched.....
Tags : Bar Council of India, All India Bar Examination XVI
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Del HC to BCI: Consider Announcing AIBE Schedule in Advance Every Year(10.05.2023)
Delhi High Court has directed Bar Council of India (BCI) that it should consider announcing in advance, every calendar year the months in which the AI.....
Tags : Delhi High Court, AIBE, Bar Council of India
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LCI 271st Report: Proposes Setting Up Of National And Regional DNA Data Banks(28.07.2017)
Law Commission of India has submitted its 271st report titled “Human DNA Profiling – A Draft Bill for the Use and Regulation of DNA Based Technology” .....
Tags : Law Commission of India, 271th report, DNA
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Air India Sexual Assault Case: Bombay High Court Grants Clean Chit to Pilot(30.07.2019)
Bombay High Court has quashed a criminal case of sexual assault registered against an Air India pilot by a woman pilot last year.
Tags : Bombay High Court, Air India
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Karnataka HC Protects Twitter India MD Manish Maheshwari from UP Police Coercive Action(25.06.2021)
Karnataka High Court has restrained the Uttar Pradesh police from taking coercive action against Manish Maheshwari, Managing Director of Twitter Commu.....
Tags : Karnataka High Court, Twitter India MD Manish Maheshwari
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SEBI: Two-Thirds of Members of NRC and AC of Listed Company to be Independent Directors(30.06.2021)
Securities and Exchange Board of India has said that two-thirds of the members of the nomination & remuneration committee (NRC) and the audit committe.....
Tags : Securities and Exchange Board of India, Independent Directors
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RBI: Rs. 2000 Notes Withdrawn from Circulation; Will Continue as Legal Tender(22.05.2023)
Reserve Bank of India in pursuance of its Clean Note Policy has announced the withdrawal of Rs. 2000 banknotes from circulation. The notes to be conti.....
Tags : Reserve Bank of India, Clean Note Policy, Rs. 2000, Legal Tender
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Delhi HC Rejects PIL Challenging Notifications Permitting Exchange of Rs. 2000 Notes Without ID Proof(29.05.2023)
Delhi High Court has dismissed public interest litigation (PIL) challenging Reserve Bank of India (RBI) and State Bank of India's (SBI) notifications .....
Tags : Delhi High Court,Reserve Bank of India, State Bank of India
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SAT Sets Aside Rs 3 Lakh Penalty on Central Bank of India(10.09.2019)
Securities Appellate Tribunal (SAT) has set aside a penalty of Rs 3 lakh levied by markets regulator Securities and Exchange Board of India(SEBI) on C.....
Tags : SAT, Central Bank of India
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President Gives Assent to 105th Constitutional Amendment to Restore States' Power to Identify SEBCs(20.08.2021)
President of India, Mr. Ram Nath Kovind has given assent to the Constitution (One Hundred and Fifth Amendment) Act, 2021 which restores the power of S.....
Tags : President of India, 105th Constitutional Amendment
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SC to BCI: Give Details of Action Taken Against Bar Associations for Court Boycotts(18.07.2023)
Supreme Court has directed the Bar Council of India to furnish details within two weeks of the instances where any Bar Association has called for a st.....
Tags : Supreme Court, Bar Council of India, Strike, Bar Association
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Del. HC: BCI Must Frame Ethical Code for Self-Represented Litigants(21.07.2023)
Delhi High Court has stated that Bar Council of India (BCI) need to frame some guidelines for establishment of ethical code for self-represented litig.....
Tags : Delhi High Court, Bar Council of India, Self-Represented Litigants, Guidelines
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Delhi HC to ASI: Produce Record on 'Mughal Mosque' Inside Qutub Complex(24.07.2023)
Delhi High Court has directed Archaeological Survey of India (ASI) to produce any records available with it with regard to the issuance of the notific.....
Tags : Delhi High Court, Archaeological Survey of India, Qutub Minar complex, Mosque
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Calcutta High Court Lifts Ban Imposed on Auroma Coke Ltd. From Taking Part in Auctions(25.07.2023)
Calcutta High Court has allowed a writ petition filed for the lifting of a ban imposed on Auroma Coke Ltd. from taking part in the Non-regulated Secto.....
Tags : Calcutta High Court, Auroma Coke Ltd., Coal India Limited
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Insolvency and Bankruptcy Board of India Disqualifies Parties Barred from Liquidation Process(08.01.2020)
Insolvency and Bankruptcy Board of India has issued a notification whereby promoters or related parties disqualified from taking part in the insolvenc.....
Tags : Insolvency and Bankruptcy Board of India, Liquidation
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Reserve Bank of India Rejects Request to Extend Jan 7 Deadline(08.01.2020)
Reserve Bank of India has rejected banks’ demand to extend the January 7 deadline to come up with resolution plans under Inter-Creditor Agreements on .....
Tags : Reserve Bank of India, Deadline
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Competition Commission of India Backs Self- Regulation in E- Commerce Sectors(09.01.2020)
Competition Commission of India has said that marketplace platforms should adopt self- regulatory measures to be more transparent about their ranking .....
Tags : Competition Commission of India, E-Commerce Sectors
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Securities and Exchange Board of India Refuses to Tweak New Rules in Meeting with Brokers(10.01.2020)
Securities and Exchange Board of India has refused to tweak its new regulations on margin requirements giving the bourses a month for implementation o.....
Tags : Securities and Exchange Board of India, Brokers
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Karnataka High Court Refuses to Interfere With Stay on Bar Council of India Elections(06.12.2021)
Karnataka High Court has refused to interfere with the interim order passed by the single judge bench, by which it has stayed the holding of elections.....
Tags : Karnataka High Court, Stay on Bar Council of India Elections
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Calcutta HC: Cannot Excommunicate Person from Community Due to Matrimonial Dispute in Family(24.01.2024)
Calcutta High Court while setting aside an order of excommunication of person from Sikh Community has held that excommunication due of matrimonial dis.....
Tags : Calcutta High Court, Excommunicate, Matrimonial Dispute, Article 21 of Constitution of India
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SEBI: Audit Committee of Listed Entity to Define Material Modifications(11.11.2021)
Securities, and Exchange Board of India (SEBI) has notified the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement.....
Tags : Securities, and Exchange Board of India, Material Modifications
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SEBI Notifies Rules on Co-Investment Made by Investors of Alternative Investment Funds(15.11.2021)
Securities and Exchange Board of India (SEBI) has notified the Securities and Exchange Board of India (Alternative Investment Funds) (Fifth Amendment.....
Tags : Securities and Exchange Board of India, Investors of Alternative Investment Funds
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ITAT: BCCI Can't Be Denied Income Tax Exemption Just Because IPL Makes Profits(15.11.2021)
Income Tax Appellate Tribunal has held that the Board of Control for Cricket in India (BCCI) is entitled to registration under Section 12A of the Inco.....
Tags : Income Tax Appellate Tribunal, Board of Control for Cricket in India
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President of India Promulgates Ordinance to Allow Extension of Tenure of CBI and ED Directors(15.11.2021)
President of India has promulgated two Ordinances to allow the extension of the tenure of the Directors of the Central Bureau of Investigation (CBI) a.....
Tags : President of India, Extension of Tenure of CBI and ED Directors
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Del. HC: Withdrawal of Merchandise Exports from India Scheme Shall Apply Prospectively(09.11.2023)
Delhi High Court while observing DGFT’s decision to repeal the Merchandise Exports from India Scheme (MEIS) with retrospective effect was arbitrary an.....
Tags : Delhi High Court, Merchandise Exports from India Scheme, Prospectively
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CCI Revokes Approval For Amazon's Deal With Future Group; Imposes Penalty on Amazon(20.12.2021)
Competition Commission of India has kept in abeyance the approval granted for the American e-commerce giant Amazon's deal with Future Group holding th.....
Tags : Competition Commission of India, Amazon-Future Deal
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CCI: Violation of Competition Laws by Ecommerce Operators to be Dealt with Firmly(27.12.2021)
Competition Commission of India has said that any violation of competition law by ecommerce companies will be dealt with firmly. The Commission has as.....
Tags : Competition Commission of India, Violation of Competition Laws by Ecommerce Operators
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NCLT Directs Indiabulls Real Estate to Discuss Embassy Merger with Shareholders(27.12.2021)
National Company Law Tribunal (NCLT) has directed realty developer Indiabulls Real Estate to convene a meeting of its shareholders to discuss and seek.....
Tags : National Company Law Tribunal, Merger of Indiabulls with Embassy Group
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SEBI Notifies Extension of Lock-in Period for Issues Opening April 01 as 90 Days(30.12.2021)
Securities and Exchange Board of India has notified that the existing lock in of 30 days shall continue for 50% of the portion allocated to anchor inv.....
Tags : Securities and Exchange Board of India, Extension of Lock-in Period
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Tel. HC: Constitutional Validity of Section 38(2) of RP Act and Rule 5.7.1 of ECI’s Handbook Upheld(01.03.2024)
Telangana High Court has upheld the constitutional validity of Section 38(2) of the Representation of the People Act, 1951 (RP Act) and Rule 5.7.1 of .....
Tags : Telangana High Court, Section 38(2) of RP Act, Election Commission of India, Constitutional Validity
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RBI Permits Lending Institutions to Allow 3-Month Moratorium on Term Loans(27.03.2020)
Reserve Bank of India has announced that all commercial banks and non-banking financial companies are permitted to allow 3-month moratorium on the pay.....
Tags : Reserve Bank of India, 3-Month Moratorium on Term Loans
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RBI Announces Cut in Repo Rate and Reverse Repo Rate(27.03.2020)
Reserve Bank of India (RBI) has announced a 75 basis points cut in repo rates, 90 basis points cut to 4% in reverse repo rate as a measure to counter .....
Tags : Reserve Bank of India, Cut in Repo Rate and Reverse Repo Rate
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Delhi High Court Restrains Rogue Websites From Illegally Streaming IPL Events(26.03.2024)
Delhi High Court has passed injunction order and restrained various rogue websites from illegally streaming Indian Premier League (IPL) events without.....
Tags : Delhi High Court, Viacom 18, Indian Premier League, IPL
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Karnataka High Court: Rights of Adopted Child of Indian Parents Cannot be Left Marooned(29.03.2024)
Kar. HC while directing Central Adoption Resource Authority to consider representation of an Indian couple that has adopted a child in Uganda, has hel.....
Tags : Karnataka High Court, Adopted Child, Indian Parents, Hague Convention
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Telangana High Court: Section 18 UAPA is Penal in Nature, Needs to be Proved by Prosecution(29.03.2024)
Telangana High Court while granting bail to members of Popular Front of India, has held that Section 18 of Unlawful Activities Prevention Act (UAPA), .....
Tags : Telangana High Court, Popular Front of India, Section 18 of UAPA
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SC: No Physical Excavation to be Done of Bhojshala Temple cum Kamal Maula Mosque Complex(02.04.2024)
SC has passed an interim order in a plea challenging Madhya Pradesh High Court's order that directed Archaeological Survey of India to conduct a surve.....
Tags : Supreme Court, Bhojshala Temple, Kamal Maula Mosque, Archaeological Survey of India
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Securities and Exchange Board of India Slaps Penalty on Future Enterprises for Lapse in Disclosures(15.03.2022)
Securities and Exchange Board of India has slapped a penalty of Rs. 5 lakh on Future Enterprises for not disclosing Singapore arbitration proceedings .....
Tags : Securities and Exchange Board of India, Future Enterprises
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Securities and Exchange Board of India Imposes Fine on Jaypee Infratech for Lapse in Disclosures(15.03.2022)
Securities and Exchange Board of India has imposed Rs 7 lakh fine on Jaypee Infratech Ltd for disclosure lapses. The Board has said that the company d.....
Tags : Securities and Exchange Board of India, Jaypee Infratech Ltd
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SEBI Clarifies Regarding Transactions in Mutual Funds Facilitated by Online Platforms(16.03.2022)
Securities and Exchange Board of India has clarified regarding transactions in mutual funds facilitated by online platforms. The Board has said paymen.....
Tags : Securities and Exchange Board of India, Transactions in Mutual Funds
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President Rejects Pawan Gupta’s Mercy Petition(05.03.2020)
President of India, Mr Ram Nath Kovind has rejected the mercy plea of Pawan Gupta, one of the four death row convicts in the Nirbhaya gang-rape case.
Tags : President of India, Mercy Plea, Nirbhaya Case
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NCLAT Upholds CCI Order on Adani Gas for Abuse of Dominant Position(11.03.2020)
National Company Law Appellate Tribunal has upheld the Competition Commission of India’s order holding Adani Gas Ltd. guilty of abuse of dominant posi.....
Tags : National Company Law Appellate Tribunal, Competition Commission of India, Adani Gas
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Securities and Exchange Board of India Bars Sonu Nigam from Selling Agricultural Land(12.03.2020)
Securities and Exchange Board of India has barred Sonu Nigam from disposing or transferring agricultural land in Karjat area, Maharashtra that he had .....
Tags : Securities and Exchange Board of India, Sonu Nigam
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Delhi Court Issues Summons to Times Now in Defamation Suit by Popular Front of India(31.01.2022)
Delhi Court has issued summons in a civil defamation suit filed by Popular Front of India against Times Now news channel and others over publication o.....
Tags : Delhi Court, Times Now, Popular Front of India
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Gujarat HC: Positive Act of Instigation Essential for Conviction u/s 306 IPC(01.04.2022)
Gujarat High Court has observed that devoid of a positive act by the accused to instigate or aid in committing suicide, conviction under Section 306 o.....
Tags : Gujarat High Court, Section 306 of the Indian Penal Code, Positive Act of Instigation
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Allahabad HC Issues Contempt Notice to Man for Making Offensive Statements Against Judges(01.04.2022)
Allahabad High Court has issued a contempt notice to the man who wrote a letter alleging that in the District Court, all the Officers, Judges and empl.....
Tags : Allahabad High Court, contempt notice, District Court, Constitution of India
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Delhi High Court Refuses To Extend Internship Cut-Off Date for Ayush PG Entrance Test 2021(04.04.2022)
Delhi High Court has rejected an appeal that seeks to extend the cut-off date for completion of Internship towards determination of eligibility for Al.....
Tags : Delhi High Court, All India Ayush Post-graduate Entrance Test, 2021, cut-off date, completion of Internship
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Punjab & Haryana HC: Parties Want to Live In Peace Not Enough for Compounding of Heinous Offence(04.04.2022)
Punjab and Haryana High Court has observed that heinous offences such as attempt to murder punishable under section 307 of Indian Penal Code, 1860 is .....
Tags : Punjab and Haryana High Court, 307 of Indian Penal Code, 1860, attempt to murder
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Punjab & Haryana HC: No Compromise with Dead Man, FIR u/s 306 IPC Can't Be Quashed on Compromise(04.04.2022)
Punjab and Haryana High Court has dismissed the petition which seeks quashing of a First Information Report under Section 306 Indian Penal Code, 1860 .....
Tags : Punjab and Haryana High Court, quashing of an FIR, Section 306 Indian Penal Code, 1860, compromise
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SEBI’s New Margin Rules Postponed to December 1(21.07.2020)
Securities and Exchange Board of India has postponed the implementation of the enhanced margin requirements for trading in the stock market, aimed at .....
Tags : Securities and Exchange Board of India, Margin Rules
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SC Registers Suo Moto Contempt Case Against Prashant Bhushan, Twitter India(22.07.2020)
Supreme Court has registered a suo moto contempt of Court case against Advocate Prashant Bhushan and Twitter India.
Tags : Supreme Court, Pranshant Bhushan, Twitter India
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Karnataka HC Extends Interim Order Restraining CCI from Divulging Confidential Information of Google(26.05.2022)
Karnataka High Court has extended its order restraining the Competition Commission of India (CCI) from divulging confidential information of Google In.....
Tags : Karnataka High Court, Competition Commission of India, Google
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J&K&L HC: No Previous Sanction Required to Prosecute Bank Officials Regarding IPC/RPC Offences(17.05.2022)
Jammu and Kashmir and Ladakh High Court has observed that there is no need to obtain the previous sanction to prosecute bank officials in connection w.....
Tags : Jammu and Kashmir and Ladakh High Court, bank, Indian Penal Code, 1860, Ranbir Penal Code, 1932
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Supreme Court: Central government and States have simultaneous powers to legislate on GST(19.05.2022)
Supreme Court has ruled that the Central government and States have simultaneous powers to legislate on Goods and Service Tax (GST). The Court stated .....
Tags : Supreme Court of India, Goods and Service Tax, GST
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CBIC Allows Export of Goods from Bangladesh to India by Rail in Closed Containers(20.05.2022)
Central Board of Indirect Taxes and Customs has allowed the export of goods from Bangladesh to India by rail in closed containers. The carrier will be.....
Tags : CBIC, Export, Indian Railway, Bangladesh
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NCLT Clears IL&FS Education Arm Sale to JV Partner(03.09.2020)
National Company Law Tribunal has approved the sale of Schoolnet India, a subsidiary of IL&FS, to an arm of Lexington Equity Holdings (LEHL).
Tags : National Company law Tribunal, Schoolnet India
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CIC to Bar Council of India: Publish Inspection Reports of Law Colleges on Website(07.06.2022)
Central Information Commission (CIC) has directed Bar Council of India to publish inspection reports of law colleges on its website. CIC stated that t.....
Tags : CIC, Bar Council of India, Inspection Report
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Keep Sedition Law In Abeyance Until Reconsidered: SC(11.05.2022)
Supreme Court has directed to put 152-year-old sedition law under Section 124A of the Indian Penal Code (IPC) in abeyance till the Union Government re.....
Tags : Sedition Law, Section 124A, IPC, Indian Penal Code
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Universal Music India Rejoices as Bombay HC Upholds ITAT Order(11.05.2022)
Bombay High Court in a major relief to Universal Music India, has upheld an order of the Income Tax Appellate Tribunal (ITAT) quashing a revisional or.....
Tags : Bombay High Court, Universal Music India, Income Tax Appellate Tribunal, section 263
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Supreme Court Extends Stay on Ritu Maheshwari's Non-Bailable Warrant(12.05.2022)
Supreme Court has extended the stay on the non-bailable warrant issued by the Allahabad High Court against Noida Chief Executive Officer (CEO) and Ind.....
Tags : Supreme Court , non-bailable warrant, Ritu Maheshwari, Chief Executive Officer, Indian Administrative Service, Noida
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CCI Orders Investigation Against Bookmyshow for Alleged Unfair Competition Practices(24.06.2022)
Competition Commission of India (CCI) has ordered an investigation against Bookmyshow for alleged unfair competition practices and sought a report fro.....
Tags : Competition Commission of India, Bookmyshow, Unfair Competition Practices
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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
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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
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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
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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
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NGT Asks Environment Ministry to Ensure Measures to Save Population of Great Indian Bustard(24.12.2020)
National Green Tribunal has asked the Union environment ministry to ensure two things — that bird diverters are installed on all solar power lines and.....
Tags : National Green Tribunal, Great Indian Bustard
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SEBI: Companies to Disclose Forensic Audit Information to Stock Exchanges(30.09.2020)
Securities and Exchange Board of India (SEBI) has made it mandatory for all listed entities to disclose to the stock exchanges any forensic audit that.....
Tags : Securities and Exchange Board of India, Forensic Audit Information
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#Major Changes Implementing From Today: Sweet Sellers to Display 'Best Before Date'(01.10.2020)
Food Safety and Standards Authority of India (FSSAI) has directed the sweet shop owners to declare the 'best before date' of non-packaged or loose swe.....
Tags : Food Safety and Standards Authority of India, ‘Best Before Date’ on Loose Sweets
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#Major Changes Implementing From Today: RBI’s New Credit and Debit Card Rules(01.10.2020)
Reserve Bank of India (RBI) has issued new guidelines which will become effective from 1st October, 2020 to secure debit and credit cards, whereby car.....
Tags : Reserve Bank of India, Credit and Debit Card Rules
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#Major Changes Implementing From Today: FSSAI Bans Blending of Mustard Oil with Other Cooking Oil(01.10.2020)
Food Safety and Standards Authority of India (FSSAI) has banned blending of mustard oil with any other cooking oil with effect from 1st October, 2020.
Tags : Food Safety and Standards Authority of India, Blending of Mustard oil
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Madras HC: Duty of Ministry of AYUSH to Popularize Every Indian System of Medicine(05.10.2020)
Madras High Court has observed that it is the duty of the Central Ministry of AYUSH to popularise every Indian system of medicine including Siddha in .....
Tags : Madras High Court, Indian System of Medicine
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SEBI Modifies NAV Rules for Mutual Funds(18.09.2020)
Securities and Exchange Board of India (SEBI) has asked mutual funds to uniformly apply net asset value (NAV) across schemes upon realisation of funds.....
Tags : Securities and Exchange Board of India, NAV Rules for Mutual Funds
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CCI Directs Investigation Against Google Pay for Alleged Abuse of Dominant Position(10.11.2020)
Competition Commission of India has ordered investigation against Google Pay for alleged abuse of dominant position, expressing the prima facie view t.....
Tags : Competition Commission of India, Google Pay
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CCI Approves Google’s Investment in Jio Platforms(12.11.2020)
Competition Commission of India has approved Google’s Rs. 33,737 crore investment in Jio Platforms for a 7.73% stake, clearing the way for the interne.....
Tags : Competition Commission of India, Google, Jio Platforms
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AG Grants Consent for Initiation of Contempt Proceedings Against Kunal Kamra(13.11.2020)
Attorney General for India, KK Venugopal has granted his consent for initiation of contempt proceedings against comedian Kunal Kamra, over his tweets .....
Tags : Attorney General of India, Kunal Kamra
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CESTAT: Blending, Bottling, and Packaging of IMFL not subject to Service Tax(08.08.2022)
Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench has held that blending, bottling, and packaging of Indian-made foreign liq.....
Tags : CESTAT, Indian-Made Foreign Liquor, Service Tax
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SEBI Penalises NDTV Over Non-disclosure of Loan Terms(30.12.2020)
Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs. 5 Crores on New Delhi Television Ltd (NDTV) for not disclosing information .....
Tags : Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs. 5 Crores on New Delhi Television Ltd (NDTV) for not disclosing information on loan agreements with Vishvapradhan Commercial (VCPL) to public shareholders.
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RBI Implements ‘Positive Pay’ System for Cheque Transactions(31.12.2020)
Reserve Bank of India (RBI) has implemented ‘Positive Pay’ system for cheque transactions above Rs 50,000, to enhance security and reduce instances of.....
Tags : Reserve Bank of India, Positive Pay System
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SEBI Imposes Fine on Reliance Industries, Mukesh Ambani for Manipulative Trades in RPL(04.01.2021)
Securities Exchange Board of India has imposed a fine of Rs 25 Crores on Reliance Industries and Rs 15 Crores on its chairman, Mukesh Ambani, for mani.....
Tags : Securities and Exchange Board of India, Reliance Industries
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ITAT, Bangalore Stays Recovery of Outstanding Tax Arrears Against Google India(14.12.2020)
Income Tax Appellate Tribunal (ITAT), Bangalore has stayed the recovery of outstanding tax arrears to the tune of Rs.1260.56 Crores against Google Ind.....
Tags : Income Tax Appellate Tribunal, Google India
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Madras HC: Transfer of Shares by Redington India Cannot be Categorized as Valid Gift(15.12.2020)
Madras High Court has held that transfer of shares by Redington India to its step down subsidiary cannot be categorized as valid gift and is not eligi.....
Tags : Madras High Court, Redington India
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SC Dismisses PCI Appeals Challenging HC Judgments Which Set Aside 5-Year Ban on New Pharmacy Colleges(15.09.2022)
Supreme Court has dismissed a batch of appeals filed by the Pharmacy Council of India (PCI) against the judgments of certain High Courts which set asi.....
Tags : Supreme Court, Pharmacy Council of India, Moratorium
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Delhi HC Orders Suspension of Fradulent Website Offering Work from Home Jobs(19.09.2022)
Delhi High Court while passing ad interim injunction in favour of Indiamart, has restrained a person, who was allegedly duping public by misrepresenti.....
Tags : Delhi High Court, Injunction, Indiamart
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ITAT, Bangalore Quashes Re-assessment Proceedings Against Nike India Pvt. Ltd.(17.02.2021)
Income Tax Appellate Tribunal (ITAT), Bangalore has quashed re-assessment proceedings against Nike India Pvt. Ltd, which was reopened more than 4 year.....
Tags : Income Tax Appellate Tribunal, Nike India Pvt. Ltd.
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SC to BCI: Dispose Off Complaints Against Lawyers by December 31(03.10.2022)
Supreme Court while extending time for Bar Council of India (BCI) to dispose off complaints against advocates received by it by 31st December, has hel.....
Tags : Supreme Court, Bar Council of India, Complaints
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Kerala HC Dismisses Air India Express Pilots' Plea Seeking Re-Engagement After Retirement(10.10.2022)
Kerala High Court while dismissing plea of 3 retired pilots seeking re-engagement with Air India Express Ltd, has held that Air India subsidiary is no.....
Tags : Kerala High Court, Re-engagement, Air India Express
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SC Dismissed Plea to Relax Lawyers’ Dress Code During Summer(26.07.2022)
Supreme Court has declined to entertain a petition seeking relaxation of dress code for lawyers during the summer season. The Court while dismissing t.....
Tags : Supreme Court, Dress Code, Bar Council of India
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ITAT: Shipping Income Derived in India from International Traffic is Not Taxable in India(28.07.2022)
Income Tax Appellate Tribunal (ITAT), Mumbai Bench has held that shipping income derived in India from international traffic is not taxable in India a.....
Tags : ITAT, Shipping Income, India-UAE Tax Treaty
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RBI Hikes Key Rate By 0.50% To Pre-Pandemic Levels(05.08.2022)
Reserve Bank of India (RBI) has increased its key lending rates by 50 basis points to pre-pandemic levels of 5.40 per cent in an attempt to control th.....
Tags : Reserve Bank of India, Lending Rates, Inflation
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LCI 270th Report: Registration of Marriage Should be Made Compulsory(05.07.2017)
Law Commission of India has submitted its 270th Report titled ‘Compulsory Registration of Marriages’ to Government suggesting compulsory registration .....
Tags : Law Commission of India, 270th report
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Gujarat HC Demands System to Ascertain Lawyers' Competency(26.06.2019)
Gujarat High Court has directed Bar Council of India and Bar Council of Gujarat to create a mechanism for ascertaining the competency of lawyers in co.....
Tags : Gujarat High Court, Bar Council of India, Bar Council of Gujarat
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SC Seeks Information About Suraz India Trust MD's Employment in Rajasthan Govt Service(13.04.2021)
Supreme Court has called for an affidavit from the state of Rajasthan disclosing the nature of employment that Rajiv Dhaiya, chairperson of NGO Suraz .....
Tags : Supreme Court, Rajiv Dhaiya, chairperson of NGO Suraz India Trust
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Kerala HC Pulls State for Failure to Recover 5.2 Cr. Damages from PFI(20.12.2022)
Kerala High Court has pulled up the State over the delay in recovery of damages of Rs. 5.20 Crore from banned Popular Front of India (PFI) and its off.....
Tags : Kerala High Court, Popular Front of India (PFI), Recovery, Damages
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SC Allows PCI to Consider Applications Received for c for 2023-2024(20.12.2022)
Supreme Court has allowed Pharmacy Council of India's (PCI) application seeking permission to consider for next academic year 2023-24, applications re.....
Tags : Supreme Court, Pharmacy Council of India, Pharmacy Council of India's
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Karnataka HC Disposes of PIL Taking Objection to Reference of Government as Modi Government(27.01.2021)
Karnataka High Court has disposed of a public interest litigation filed by an agriculturalist, taking objection to the media, releases issued by Press.....
Tags : Karnataka High Court, Government of India
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Karnataka HC: State to Reconstitute Advisory Committee for Development of Great Indian Bustard(27.01.2021)
Karnataka High Court has said that the State government will have to reconstitute the advisory committee formed for development and upliftment of Grea.....
Tags : Karnataka High Court, Great Indian Bustard
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CCI Dismisses Plea Alleging Anti -Competitive Practices by Google(02.02.2021)
Competition Commission of India has dismissed a complaint alleging abuse of dominant position by Google by integrating the Meet App into the Gmail App.....
Tags : Competition Commission of India, Google
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CCI Dismisses Complaint Alleging Abuse of Dominant Position by BCI(02.02.2021)
Competition Commission of India has dismissed a complaint which alleged that the Bar Council of India was abusing its dominant position by imposing a .....
Tags : Competition Commission of India, Bar Council of India
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CCI Orders Probe into WhatsApp's New Privacy Policy; Finds Prima Facie 'Abuse of Dominance'(25.03.2021)
Competition Commission of India has ordered a probe into the new privacy policy of WhatsApp, after making a prima facie observation that it was violat.....
Tags : Competition Commission of India, WhatsApp's New Privacy Policy
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Delhi Court Grants Bail to Shankar Mishra in Air India Urination Case(01.02.2023)
Delhi Court has granted bail to Shankar Mishra, who is accused of urinating on an elderly woman on a New York-Delhi Air India flight in November last .....
Tags : Delhi Court, Bail, Air India Urination Case
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Ker. HC to State: Life Erroneous Attachment of Properties of Those Not Linked to PFI(03.02.2023)
Kerala High Court has directed State that properties of those persons who have no connection with the Popular Front of India (PFI) and which were erro.....
Tags : Kerala High Court, Popular Front of India (PFI), Attachment, Properties
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Karnataka High Court Asks NHAI to Donate Rs 2.5 Lakhs Each to Two Organizations as Costs(10.02.2021)
Karnataka High Court has asked the National Highways Authority of India to donate Rs 2.5 lakhs each to two organisations based in Dehradun and working.....
Tags : Karnataka High Court, National Highway Authority of India
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Indian Revenue Service (Customs & Central Excise) Renamed(12.02.2021)
Central Board of Indirect Taxes and Customs issued the notification which seeks to rename the Indian Revenue Service (Customs & Central Excise).
Tags : Indian Revenue Service
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Bar Council Disallows Carrying of Study Material in Exam Hall for AIBE-XVI Onwards(15.02.2021)
Bar Council of India has notified that All India Bar Examination-XVI (AIBE-XVI) onwards, no books, notes, or study material will be allowed in the Exa.....
Tags : Bar Council of India, Carrying of Study Material in Exam Hall
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ITAT, Mumbai Denies Refund of Foreign Taxes Paid by Bank of India(12.03.2021)
Income Tax Appellate Tribunal (ITAT), Mumbai has denied in a recent order a refund in respect of foreign taxes aggregating to Rs 182.6 crore paid by B.....
Tags : Income Tax Appellate Tribunal, Bank of India
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ITAT, Bangalore Extends Stay of Collection of Outstanding Tax Demand Against Google India(15.03.2021)
Income Tax Appellate Tribunal (ITAT), Bangalore has allowed the further extension of stay of collection of outstanding tax demand to the tune of Rs.12.....
Tags : Income Tax Appellate Tribunal, Google India
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Delhi HC: Ad Industry Would Loathe Government Dictated Regulations(10.01.2023)
Delhi High Court while dismissing plea filed to restrain Advertising Standards Council of India from creating impediments in broadcast of advertisemen.....
Tags : Delhi High Court, Advertisement, Advertising Standards Council of India, Regulation
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Delhi Court Denies Bail to Accused in Air India Mid-Air Urination Case(12.01.2023)
Delhi Court while denying bail to accused Shankar Mishra in case for urinating on an elderly woman on a New York-Delhi Air India flight in November la.....
Tags : Delhi Court, Air India Mid-Air Urination, Outraging Modesty of Woman, Bail
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SC: Judge Must Give dequate Reasons While Giving Opinion Under Section 432(2) CrPC(16.01.2023)
Supreme Court has held that while giving opinion regarding grant of remission under Section 432(2) CrPC, the Presiding Judge needs to give reasons reg.....
Tags : Supreme Court, Remission, CrPC, Laxman Naskar v. Union of India
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SC Issues Notice on Swamy's Plea for Probing RBI Official in Bank Scams(18.10.2022)
Supreme Court has agreed to examine BJP leader Dr Subramanian Swamy's plea seeking a probe into the alleged role of Reserve Bank of India (RBI) offici.....
Tags : Supreme Court, probe, Reserve Bank of India, banking scams
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SC Quashes Criminal Defamation Case Against India Today Chairperson Aroon Purie(31.10.2022)
Supreme Court has quashed the criminal defamation case against chairperson of India Today Group, Aroon Purie in relation to a news item titled 'Missio.....
Tags : Supreme Court, Defamation, India Today
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ECI Recognises Eknath Shinde Group as Official Shiv Sena(20.02.2023)
Election Commission of India has recognised Eknath Shinde group as official Shiv Sena and allowed them to use official Bow & Arrow symbol and Shiv Sen.....
Tags : Election Commission of India, Eknath Shinde, Shiv Sena
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NBDSA Holds News18 India & Zee News Guilty for Communally Charged Programs(01.03.2023)
News Broadcasting & Digital Standards Authority (NBDSA) has found news channels News18India and Zee News guilty of airing communally charged programs,.....
Tags : News Broadcasting & Digital Standards Authority, News18 India, Zee News
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SEBI Notifies Issue of Capital and Disclosure Requirements (Second Amendment) Regulations, 2021(10.05.2021)
Securities and Exchange Board of India (SEBI) has notified the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (.....
Tags : Securities and Exchange Board of India, Issue of Capital and Disclosure Requirements (Second Amendment) Regulations, 2021
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Del HC to CCI: Consider Start-Ups’ Applications Against Google’s New Payment Policy Before April 26(25.04.2023)
Delhi High Court has directed Competition Commission of India (CCI) to consider applications against Google’s new in-app user choice billing policy, m.....
Tags : Delhi High Court, Competition Commission of India, Google, Billing Policy
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SC Directs Governments on Saving Great Indian Bustard and Lesser Florican Bird Species(20.04.2021)
Supreme Court has directed the Governments of Rajasthan and Gujarat to save critically endangered Great Indian Bustard and Lesser Florican from extinc.....
Tags : Supreme Court, Saving Great Indian Bustard and Lesser Florican Bird Species
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Centre Decides to Give COVID19 Vaccination to All Above 18 Years from May 1(20.04.2021)
Government of India has decided to give COVID19 vaccination to everyone above the age of 18 years from 1st May, 2021. The Government of India has anno.....
Tags : Government of India, Covid19 Vaccination
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Bom HC: Eviction of Air India Employee Due to Privatization is Not Industrial Dispute(14.03.2023)
Bombay High Court while observing that right to retain accommodation is governed by stipulations of leave and license agreement and not as a matter of.....
Tags : Bombay High Court, Accommodation, Eviction, Air India, Industrial Dispute
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BCI Allows Registration of Foreign Lawyers/Law Firms in India(15.03.2023)
Bar Council of India has notified the Bar Council of India Rules for Registration and Regulation of Foreign Lawyers and Foreign Law Firms in India, 20.....
Tags : Bar Council of India, Foreign Lawyers/Law Firms, Rules
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SC to IOA: Follow Draft Constitution Framed By Justice L.N. Rao Pending its Finalization(07.04.2023)
Supreme Court has directed Indian Olympic Association (IOA) that it is obligated to comply with a draft constitution framed under the supervision of t.....
Tags : Supreme Court, Indian Olympic Association, Draft Constitution
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Mad HC: Consider Issuing of Passport to Man Whose Mother was Indian & Father a Srilankan Refugee(10.04.2023)
Madras High Court while directing Regional Passport authority to consider representation of man for Indian passport whose mother was Indian while fath.....
Tags : Madras High Court, Passport, Indian, Srilankan Refugee
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SEBI Allows Payments Banks to Carry Out Activities of Investment Bankers(04.08.2021)
Securities and Exchange Board of India has allowed payments banks to carry out the activities of investment bankers to provide easy access to investor.....
Tags : Securities and Exchange Board of India, Activities of Investment Bankers
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SC: Trial of Criminal Case Against Indian Citizen for Offences Outside India Needs Government Sanctio(05.08.2021)
Supreme Court has observed that the trial of the criminal case against an Indian citizen for offences committed outside India cannot commence without .....
Tags : Supreme Court, Trial of Criminal Case Against Indian Citizen for Offences Outside India
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Parliament Passes Bill to Amend Act Regulating Major Airports in India(05.08.2021)
Parliament has passed the Airports Economic Regulatory Authority of India (Amendment) Bill, 2021. The Bill proposes to amend Section 2(i) of the Airpo.....
Tags : Parliament, Airports Economic Regulatory Authority of India (Amendment) Bill, 2021
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SC: Coal India Ltd. Come Under the Purview of Competition Act, 2002(16.06.2023)
Supreme Court while observing that Coal Mines (Nationalisation) Act cannot be reconciled with the Competition Act, has held that Coal India Ltd. would.....
Tags : Supreme Court, Coal India, Competition Act
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SEBI Issues Guidelines for Settlement of Running Accounts of Client Funds and Securities(17.06.2021)
Securities and Exchange Board of India has come out with new guidelines for settlement of running account of client's funds and securities that will b.....
Tags : Securities and Exchange Board of India, Settlement of Running Accounts
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SEBI Bars Shri Research Services and Proprietor from Market for Two Years(18.06.2021)
Securities and Exchange Board of India has barred Shri Research Services and its proprietor Gourav Kumar Gour from the securities markets for at least.....
Tags : Securities and Exchange Board of India, Shri Research Services
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Delhi HC Appoints Justice Bharihoke as Returning Officer for Election of Equestrian Fed. of India(12.04.2023)
Delhi High Court while issuing directions for conducting elections of the office bearers to Equestrian Federation of India to ensure that a democratic.....
Tags : Delhi High Court, Equestrian Federation of India, Election, Returning Officer
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Kar. HC Rejects Xiaomi India’s Plea Challenging Seizure Of ?5551.27 Crore by ED(24.04.2023)
Karnataka High Court while upholding the constitutional validity of Section 37A FEMA Act stating that it does not suffer from any manifest arbitrarine.....
Tags : Karnataka High Court, FEMA, Xiaomi India, Seizure
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#Sahara Case: Supreme Court Says 'No' to Stay Auction of Aamby Valley(11.08.2017)
Supreme Court has declined to stay auction of Sahara's properties despite the group claiming to have sold its two New York hotels and that it would ge.....
Tags : Supreme Court, Sahara India, Aamby Valley
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SC Issues Contempt Notice to Suraz India Trust Chairman Rajiv Daiya for 'Scandalizing' Letter(13.07.2021)
Supreme Court has issued contempt notice to Suraz India Trust Chairman Rajiv Daiya for scandalizing the Court, stating that it was clearly an endeavou.....
Tags : Supreme Court, Suraz India Trust Chairman Rajiv Daiya
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RBI Imposes Restrictions on Mastercard from On-Boarding New Customers in India from July 22(15.07.2021)
Reserve Bank of India (RBI) while taking supervisory action on Mastercard Asia / Pacific Pte. Ltd. has imposed the restrictions on Mastercard from On-.....
Tags : Reserve Bank of India, Restrictions on Mastercard from On-Boarding New Customers
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Delhi HC Enquires on Permission to Prison Inmates to Video Conference Person Outside India(16.07.2021)
Delhi High Court has asked the prison authorities to explain why it does not permit any person outside India to meet prison inmates via Video Conferen.....
Tags : Delhi High Court, Permission to Prison Inmates to Video Conference Person Outside India
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BCI Extends Registration Date for AIBE XVI Till August 14(19.07.2021)
Bar Council of India (BCI) has decided to extend the last date of registration for the All India Bar Exam (AIBE) XVI till August 14, 2021. The payment.....
Tags : Bar Council of India, All India Bar Exam XVI
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279th Law Commission Report: Law Commission Suggests Retention of Sedition Law with Some Amendments(02.06.2023)
The Law Commission of India, in a significant development, has recommended that Section 124A of the Indian Penal Code (sedition law) has to be retaine.....
Tags : Law Commission of India, Section 124A of the Indian Penal Code, sedition law
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SC: BCI Can Impose Condition That Only Graduate from Recognized Colleges Can Enroll as Advocates(12.06.2023)
Supreme Court has held that rule framed by Bar Council of India (BCI) requiring a candidate for enrolment as an Advocate to have completed his law cou.....
Tags : Supreme Court, Bar Council of India, Enrollment, Advocate
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Del HC Upholds PPVFR Authority’s Order of Revocation of PepsiCo’s Registration for Potato Variety(10.07.2023)
Delhi High Court has upheld the order passed by Protection of Plant Varieties and Farmers Rights (PPVFR) Authority that revoked the Pepsico India’s re.....
Tags : Delhi High Court, Plant Varieties, Pepsico India, Potato
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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
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Supreme Court Holds Suraz India Trust Chairman Rajiv Daiya Guilty Of Contempt Of Court(29.09.2021)
Supreme Court has held Suraz India Trust Chairman Rajiv Daiya guilty of contempt of court for scandalising the Court and wasting its judicial time by .....
Tags : Supreme Court, Suraz India Trust Chairman Rajiv Daiya
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SEBI Amends Existing Regulatory Framework for Delisting of Equity Shares Pursuant to Open Offer(30.09.2021)
Securities and Exchange Board of India (SEBI) in the meeting headed by Mr.Ajay Tyagi decided to amend the existing regulatory framework for delisting .....
Tags : Securities and Exchange Board of India, Regulatory Framework for Delisting of Equity Shares
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CESTAT, Chennai Allows Refund Claim by Hyundai Motor India(05.10.2021)
Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), Chennai has allowed a refund claim by Hyundai Motor India where the Tribunal quashed an .....
Tags : Customs, Excise, and Service Tax Appellate Tribunal, Hyundai Motor India
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Madras HC: Airport Authority of India Liable to Pay Land Tax(10.08.2021)
Madras High Court has ruled that the Airport Authority of India (AAI) is liable to pay Land Tax as it is not the part of the Central Government.
Tags : Madras High Court, Airport Authority of India
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RBI Proposes Penalties for Banks Failing to Replenish Bank ATMs Within Time(11.08.2021)
Reserve Bank of India (RBI) has proposed penalties for banks and White Label ATM operators if their ATMs are found to be lying without replenishment f.....
Tags : Reserve Bank of India, Penalties for Banks Failing to Replenish Bank ATMs
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CCI Directs Grasim Industries to Cease and Desist from Unfair Business Practices(13.08.2021)
Competition Commission of India has directed Grasim Industries to cease and desist from indulging in unfair business practices after it found the comp.....
Tags : Competition Commission of India, Grasim Industries
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RBI Imposes Fine on SBI for Failure to Comply with Fraud Classification Rules(19.10.2021)
Reserve Bank of India has slapped a fine of Rs 1 crore on State Bank of India for failing to comply with fraud classification rules. The regulator sai.....
Tags : Reserve Bank of India, State Bank of India
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CBI Court, Panchkula Sentences Life Imprisonment to Accused in Ranjit Singh Murder Case(19.10.2021)
Central Bureau of Investigation Court, Panchkula has sentenced Dera Sacha Sauda chief Gurmeet Ram Rahim Singh and 4 others to life imprisonment in the.....
Tags : Central Bureau of India Court, Panchkula, Ranjit Singh Murder Case
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SC: Student Can’t Vacate Seat Under All India Quota After the Second Round of Counselling(23.08.2023)
Supreme Court while referring to Dar-Us-Slam Educational Trust v Medical Council of India (MANU/SCOR/22417/2017), observed that after the 2nd round of.....
Tags : Supreme Court, Counselling, All India Quota
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SEBI: Principal Officer to Obtain Certification from National Institute of Securities Markets(09.09.2021)
Securities and Exchange Board of India (SEBI) has notified that the Principal Officer having decision making authority related to fund management has .....
Tags : Securities and Exchange Board of India, Certification from National Institute of Securities Markets
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SC Issues Notice in Pleas Challenging 27% OBC, 10% EWS Reservations in NEET All India Quota(13.09.2021)
Supreme Court has issued notice in a writ petition challenging the decision of the Central Government to implement 27% OBC and 10% EWS reservation in .....
Tags : Supreme Court, EWS Reservations in NEET All India Quota
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SC: Advocate Acting as Real-Estate Agent for Client Amounts to Professional Misconduct(04.09.2023)
Supreme Court while upholding BCI Penalty to suspend an advocate for 5 years for gross professional misconduct, has held that advocate acting as a Rea.....
Tags : Supreme Court, Bar Council of India, Advocate, Professional Misconduct
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Del. HC to Law Ministry: Periodically Monitor Status of Uploading Acts on the India Code Portal(04.09.2023)
Delhi High Court has directed Secretary, Legislative Department, Ministry of Law and Justice to periodically monitor the status of uploading the Acts .....
Tags : Delhi High Court, Ministry of Law and Justice, India Code Portal
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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
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RBI Keeps Repo Rate Unchanged at 6%, Raises Inflation Forecast for Next Two Quarters(06.12.2017)
Reserve Bank of India (RBI) has kept repo rate unchanged at 6 percent. The inflation forecast for the next two quarters has been increased from 4.2 - .....
Tags : Reserve Bank of India
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Bombay High Court Bars Daily from Using Indian Express Founder's Name(26.11.2019)
Bombay High Court in an interim order has restrained publisher Prashant Goenka and others from using the name and image of Indian Express Group founde.....
Tags : Bombay High Court, Indian Express
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Delhi High Court Disposes Plea for Evacuation of Indians from Afghanistan(27.10.2021)
Delhi High Court has disposed of a Public Interest Litigation seeking evacuation of Indians or Afghan Nationals of Hindu and Sikh origin, stranded in .....
Tags : Delhi High Court, Evacuation of Indians from Afghanistan
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SC Directs to Come Up with Scheme for Establishing Pan-India Community Kitchens(28.10.2021)
Supreme Court has directed the Central Government to come up with a scheme for establishing pan-India community kitchens, after interacting with the s.....
Tags : Supreme Court, Pan-India Community Kitchens
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CBDT Notifies Income Tax Exemption for BCI IRR India Holdings Inc. on Eligible Investment(22.09.2021)
Central Board of Direct Taxes (CBDT) has specified the BCI IRR India Holdings Inc. for the purposes of the said clause in respect of the eligible inve.....
Tags : Central Board of Direct Taxes, BCI IRR India Holdings Inc.
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ITAT, Mumbai: Shell India Not Taxable in India for Consideration Received from Resale of Software(27.09.2021)
Income Tax Appellate Tribunal (ITAT), Mumbai has held that Shell India not taxable in India for consideration received from resale/use of the computer.....
Tags : Income Tax Appellate Tribunal, Shell India
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CCI Imposes Fine on Maruti Suzuki Finding Its Discount Control Policy Anti-Competitive(25.08.2021)
Competition Commission of India has imposed a fine of Rs 200 crore on India's largest car manufacturer Maruti Suzuki India Ltd (MSIL) for its discount.....
Tags : Competition Commission of India, Maruti Suzuki
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SEBI Directs Investors to Link PAN with Aadhaar Before September 30(06.09.2021)
Securities Exchange Board of India (SEBI) has directed the investors to link PAN with Aadhaar before September 30th, 2021. As per Central Board of Dir.....
Tags : Securities Exchange Board of India, Link PAN with Aadhaar
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Del. HC Restrains ‘People of India’ from Using Copyrighted Work of ‘Humans of Bombay’(12.10.2023)
Delhi High Court while observing that there can’t be any monopoly in running of a story telling platform and the platforms ought to adopt “their own c.....
Tags : Delhi High Court, People of India, Humans of Bombay, Copyright
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Del. HC: Policy Mandating License to Work as Photographers in ASI Protected Monuments is Reasonable(12.10.2023)
Delhi High Court has held that the policy for Archaeological Survey of India (ASI) Photographers to obtain licence by following the due selection proc.....
Tags : Delhi High Court, Archaeological Survey of India, License, Photographer
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Ker. HC: All India Tourist Vehicles Cannot be Permitted to Operate as Stage Carriage(27.11.2023)
Kerala High Court has held that All India tourist vehicles cannot be permitted to operate as stage carriages as it is detrimental to the stage carriag.....
Tags : Kerala High Court, All India Tourist, Stage Carriage
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Ker. HC: Reservation Under CEI (Reservation & Admission) Act Applies to IIMs(10.11.2023)
Kerala High Court has held that Indian Institute of Management (IIM), Kozhikode would have to follow the reservation policy stipulated under the Centr.....
Tags : Kerala High Court, Indian Institute of Management, Central Educational Institutions (Reservation and Admission) Act
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Titanium Company Scam: Kerala High Court Orders CBI Investigation(16.11.2023)
Kerala HC has directed the Central Government to order the CBI to investigate the corruption allegations involving high officials of Titanium Company .....
Tags : Kerala HC , CBI , Titanium Company , Metallurgical & Engineering Consultants (India) Limited
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SC Stays HC Directions Against OLX India in Case of Seller Duping Through Impersonation(13.01.2022)
Supreme Court has stayed the directions issued by Punjab and Haryana High Court to OLX India to adopt a screening mechanism with respect to the seller.....
Tags : Supreme Court, OLX India
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SEBI Bans 6 Individuals for Indulging in Stock Price Manipulation(14.01.2022)
Securities and Exchange Board of India has cracked down on WhatsApp and Telegram groups in which stock-tips were being shared to inflate share prices......
Tags : Securities and Exchange Board of India, Stock Price Manipulation
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Securities and Exchange Board of India Cuts Timeline for Filing Settlement Application to 60 Days(18.01.2022)
Securities and Exchange Board of India (SEBI) has cut the timeline for filing settlement applications to just 60 days from the current 180 days in its.....
Tags : Securities and Exchange Board of India, Timeline for Filing Settlement Application
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CBIC: No Custom Duty Payable by All India Football Federation for AFC Women’s Asian Cup(20.01.2022)
Central Board of Indirect Taxes and Customs (CBIC) has notified that no Customs Duty payable on goods imported into India by All India Football Federa.....
Tags : Central Board of Indirect Taxes and Customs, All India Football Federation
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Election Commission Recognizes Ajit Pawar Faction As The Official Nationalist Congress Party(07.02.2024)
Election Commission of India while recognizing the Ajit Pawar faction as the official Nationalist Congress Party has held that Ajit Pawar faction will.....
Tags : Election Commission of India, Ajit Pawar Faction, Nationalist Congress Party
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Supreme Court Sets Aside Interim Protection Granted to Indiabulls Housing Finance Ltd. Officers(15.02.2024)
Supreme Court while setting aside the interim protection granted to Indiabulls Housing Finance Ltd. officers in an FIR, has held that the extraordinar.....
Tags : Supreme Court, Indiabulls Housing, Interim Protection
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Delhi High Court Asks ECI to Decide Plea for Inspection of Printed Paper Slips of VVPAT Devices(20.01.2020)
Delhi High Court has directed the Election Commission of India to decide representations made to it for inspection of record of the printed paper slip.....
Tags : Delhi High Court, Election Commission of India
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AAR, Maharashtra: 5% GST Payable on Parts of Diesel Marine Engine or Genset Supplied to Indian Navy(13.12.2021)
Authority of Advance Ruling (AAR), Maharashtra has held that 5% goods and services tax (GST) is payable on parts of diesel marine engine or genset sup.....
Tags : Authority of Advance Ruling, Parts of Diesel Marine Engine or Genset Supplied to Indian Navy
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SC: Setting Person on Fire Would Fall Under Section 302 of IPC(15.01.2024)
Supreme Court while upholding the murder conviction of a man who killed his wife has observed that setting a person on fire is an act of 'extreme crue.....
Tags : Supreme Court, Indian Penal Code, Extreme Cruelty
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Bar Council of India Issues Notice for Advocates Regarding Declaration of Existence in Profession(17.01.2024)
BCI issued notice regarding Advocates Declaration of Existence in Profession under BCI Certificate and Place of Practise (Verification) Rules, 2015. T.....
Tags : Bar Council of India, Declaration, Profession
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NBDSA Imposes Penalty on Several News Channels for Spreading Communal Hatred(04.03.2024)
News Broadcasting & Digital Standards Authority (NBDSA), has taken action against news channels like Times Now Navbharat, News 18 India and has impose.....
Tags : NBDSA, Communal Hatred, Penalty, News 18 India, Times Now Navbharat
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Star India, Sony’s Onerous RIO Agreement with Distributors Prima Facie Anti-Competitive: CCI(30.07.2018)
Competition Commission of India (CCI) has held the conduct of Star India Pvt Ltd and Sony Pictures Network Pvt. Ltd. in allegedly using Reference Inte.....
Tags : CCI, Star India, Sony
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Supreme Court: Air India Can Fill up Middle Seats till June 6(26.05.2020)
Supreme Court has permitted Air India to fill middle seats until 6th June, 2020 on its non-scheduled international flights that will fly out stranded .....
Tags : Supreme Court, Air India
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SC: Unfortunate That Indian Coast Guard Opposes PC to Women Unlike Army, Navy & Air Force(11.04.2024)
Supreme Court has observed that it is unfortunate that unlike the Indian Army, Air Force and Navy have inducted women on a permanent basis following C.....
Tags : Supreme Court, Indian Coast Guard, Permanent Commission
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Concerns About Rise in Low-Quality Law Colleges Raised by Bar Council of India(17.04.2024)
Bar Council of India while raising concern regarding the increase in the number of substandard law colleges in India has suggested thorough inspection.....
Tags : Bar Council of India, No Objection Certificates, Guidelines
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SC: SBI’s Application for Extension of Time for Furnishing Electoral Bonds Details Dismissed(11.03.2024)
Supreme Court has dismissed the State Bank of India’s (SBI) application that was filed for an extension of time for furnishing electoral bond details .....
Tags : Supreme Court, State Bank of India, Electoral Bonds, Extension of Time
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Electoral Bonds Data Uploaded on Election Commission of India’s Website(15.03.2024)
The Election Commission of India has uploaded on its website data related to electoral bonds that was supplied by the State Bank of India.
Tags : Election Commission of India, Electoral Bonds, State Bank of India
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Commission of India Finds Google Play Store’s Updated Billing Policy Violative of Competition Act(18.03.2024)
Commission of India has prima facie found Google Play Store’s updated billing policy violative of provisions of Section 4(2)(a), 4(2)(b) and 4(2)(c) o.....
Tags : Commission of India, Google Play Store, Competition Act
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CCI Finds Google Play Store’s Updated Billing Policy Violative of Competition Act(18.03.2024)
Competition Commission of India has prima facie found Google Play Store’s updated billing policy violative of provisions of Section 4(2)(a), 4(2)(b) a.....
Tags : Competition Commission of India, Google Play Store, Competition Act
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SC Decides Against Staying Chief Election Commissioner and Other Election Commissioners Act, 2023(21.03.2024)
Supreme Court has refused to stay Chief Election Commissioner and Other Election Commissioners Act, 2023 which removes the Chief Justice of India from.....
Tags : Supreme Court, Chief Justice of India, Election Commissioners
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Supreme Court Refuses to Stay Election Commissioners' Act(26.03.2024)
Supreme Court while deciding the batch of pleas has refused to stay the Chief Election Commissioner and Other Election Commissioners Act, 2023, which .....
Tags : Supreme Court, Chief Justice of India, Chief Election Commissioner and Other Election Commissioners Act, 2023
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