SEBI’s new regulations

The Securities and Exchange Board of India (Sebi) has shortened the period for processing rights issues from the earlier 58 days to 31 days, and has also set a new time limit of 31 days on the disclosure of defaults ..

NATGRID will come into operation by 2020

The ambitious National Intelligence Grid (NATGRID) project will came into effect from December 31, 2020.  It will enable multiple security and intelligence agencies a database related to immigration entry or exit, banking and telephone details etc from a common platform.  ..

Defence Minister holds talks with Singapores Deputy PM

On 19 Nov,  Defence Minister Rajnath Singh held talks with Singapore’s Deputy Prime Minister Heng Swee Keat during which the two leaders agreed to take the defence cooperation between the two countries to greater heights. During the meeting, Defence Minister ..

Justice SA Bobde takes oath as 47th CJI

On 18 Nov, Justice SA Bobde administered the oath of office by President Ram Nath Kovind. He is appointed as 47th  Chief Justice of India. Mr Bobde’s tenure in the Supreme Court witnessed some of the most controversial moments in ..

Supreme Court strikes down amended Finance Act rules

On 13 Nov, the Supreme Court struck down rules in the amended Finance Act 2017 on tribunals and directed the government to reformulate fresh norms with respect to appointment of tribunal members.  The apex court directed that appointment in tribunals ..

SEBI’s norm for issuers of municipal bonds

On 12 Nov, the Securities and Exchange Board of India (Sebi) prescribed wider disclosures and compliances norms by the issuers of listed municipal bonds. As per the SEBI norms, listed entities should submit half-yearly unaudited financial results to the stock ..

Supreme Court strikes down rules in amended Finance Act 2017

On 13 Nov, the Supreme Court bench headed by  Chief Justice Ranjan Gogoi  struck down rules in the amended Finance Act 2017 on tribunals and directed the government to reformulate fresh norms with respect to appointment of tribunal members. The bench directed the ..

Delhi doubles anti-street crime vans “PRAKHAR”

The Delhi Police Commissioner Amulya Patnaik has recently doubled the anti-street crime vans ‘PRAKHAR’ to 30 to curb street crimes as well as crimes against women in the vulnerable areas. These are specially designed and equipped with latest gadgets for ..

West Bengal government to construct ‘Safe Houses’for foreign ex-convicts in jail

The West Bengal Government has decided to construct two Safe Houses for foreign prisoners, whose period of punishment have been completed and waiting for extradition . These houseswill come up at Bongaon and New Town in North 24 Paraganas District for ..

IRDAI sets up a 8-member committee to evaluate applications filed under Regulatory Sandbox

Insurance regulator IRDAI has set up a 8-member committee to evaluate applications filed under the Regulatory Sandbox (RS) approach to promote innovative ideas to foster growth in insurance sector. The committee will be headed by International Institute of Information Technology ..