REGULATIONS


Moneylife Digital Team 09 July 2014
In an order by majority view, the SAT said that as the time granted to FTIL for divesting its stakes had already expired and the company can take another four weeks to exit its holdings   The Securities Appellate Tribunal (SAT) on Wednesday dismissed Jignesh Shah-promoted Financial...

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Moneylife Digital Team 09 July 2014
Difficulties were being faced as the OBC caste certificate had space for mentioning the name of the   caste or community but no space for indicating the specific resolution by which the said caste or   community has been included in the central list   The union government has revised...

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Modi Sarkar must junk UPA’s flawed approach Narendra Modi’s government has sensibly extended the extremely restrictive scope of the corporate social responsibility (CSR) guidelines prescribed earlier by the ministry of corporate affairs (MCA). As with most decisions of the United...

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Moneylife Digital Team 07 July 2014
The Supreme Court while saying that no religion, including Islam, allows punishing innocent persons, ordered that no 'Darul Qaza' should give verdict which affects rights of a person who is not before it Disapproving of a Shariat court issuing fatwa and order against a person who is not...

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Moneylife Digital Team 05 July 2014
According to citizens and activists, the Maharashtra Police Bill formalises the very practices of unwarranted political interference with everyday police management that the Supreme Court has sought to reduce A delegation of concerned citizens recently met Maharashtra governor K...

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Moneylife Digital Team 04 July 2014
Due to difficulties expressed by the depositories and the depository participants, SEBI said it  has decided to postpone its new norms on delivery instruction slips -DIS till October Market regulator Securities and Exchange Board of India (SEBI) on Friday said its new framework to...

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TruthInAdvertising.org 04 July 2014
While L’Oreal advertised that its Youth Code would “crack the code to younger acting skin,’’ the FTC said the touted studies didn’t test the product or even one of its ingredients L’Oreal USA has joined a growing list of companies jumping on the DNA bandwagon promoting products it...

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Moneylife Digital Team 02 July 2014
CREDAI decided to file a complaint with the CCI against the 'illogical' price hike in cement, which it said is creating pressure on developers to increase sale price of homes Criticising steep increase in the cement prices, the Confederation of Real Estate Developers' Association of...

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Private companies and smaller firms need don't use public money and can do less of regulation. But the new Companies Act has bound them with a lot more rules Under the Companies Act, 1956, the general principle was that a public company should be subject to greater accountability by way...

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Moneylife Digital Team 01 July 2014
Funds operating from Mauritius, Singapore and Hong Kong, as well as role of some major financial institutions from the US, Europe and within India are being examined by SEBI Market regulator Securities and Exchange Board of India (SEBI) is probing a possible nexus between promoters of...

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Moneylife Digital Team 01 July 2014
The UP Stock Exchange, which was set up in 1982, has not seen trading on its platform since 2001 and does not meet the market regulator SEBI’s requirements The board and shareholders of UP Stock Exchange have approved shutting down its operations as a bourse and the same is being...

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The FSLRC, in a hurry to resolve certain minor issues, ignored the evolution of the role and the care with which the RBI has nurtured the financial sector Dr Raghuram Rajam, the governor of Reserve Bank of India (RBI) in a speech in Mumbai on 17 June 2014, once again brought to the fore...

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Moneylife Digital Team 30 June 2014
The market regulator disposed off representation made by Dushyant N Dalal and Puloma D Dalal, who have been restrained from securities market for seven years Market Securities and Exchange Board of India (SEBI) has disposed of a representation made by two individuals, who had sought the...

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Moneylife Digital Team 30 June 2014
The Securities Appellate Tribunal -SAT dismissed an appeal filed by Reliance Industries in the company's dispute with SEBI regarding alleged contravention of FUTP regulations ahead of the 2007 merger between Reliance Petroleum and RIL The Securities Appellate Tribunal (SAT) on Monday...

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Nikita Snehil 30 June 2014
With the implementation of the pre-requisite to have at least one resident director, foreign companies doing business in India will now have a tough time ensuring the residency requirement  The Ministry of Corporate Affairs (MCA) seems to be in top gear, issuing clarifications, circulars...

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Moneylife Digital Team 26 June 2014
The role and responsibility of Hyderabad office of Sebi "shall extend to the areas falling under the territorial jurisdiction of the state of Telangana and state of Andhra Pradesh" Market watchdog SEBI said its local office in Hyderabad will oversee the regulatory affairs in Andhra...

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Moneylife Digital Team 25 June 2014
Research analysts must have a professional qualification, a post-graduate degree or a post-graduate diploma in finance, accountancy, capital market, financial services or markets besides certification from NISM, says SEBI As per the new norms issued by market regulator Securities and...

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Moneylife Digital Team 24 June 2014
The MCA has proposed as many as 13 relaxations for private companies, from various provisions of the Companies Act, including acceptance of public deposits, share capital, voting rights, further issuance of shares, appointment of auditor and directors, among others To ease the regulatory...

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Moneylife Digital Team 24 June 2014
RBI said an applicant for private bank licence should be given in-principle approval within 90 days after receipt of report from the independent external advisory committee Moving to a time-defined process, the Reserve Bank of India (RBI) has fixed schedules within its departments for...

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Moneylife Digital Team 24 June 2014
Zuari Fertilisers, Deepak Fertiliser and Mangalore Chemicals & Fertilisers compete with each other in the fertilizer business, but a huge debt burden had triggered a takeover battle for the Vijay Mallya-led group unit Market regulator Securities and Exchange Board of India (SEBI) has...

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