Congress leader Rahul Gandhi has been summoned by MP/MLA court on December 16 in connection with a 2018 case over using derogatory remarks against Union Home Minister Amit Shah in a Bengaluru conference. The complaint was filed by the then BJP District Vice President, Vijay Mishra. “I was the vice […]
Legal News
The National Green Tribunal has directed states which witnessed a deterioration in the Air Quality Index to make “concerted efforts” to ensure an improvement in air quality. The tribunal had earlier issued notices to the chief secretaries of several states after taking cognisance of the online air quality bulletins of […]
The Delhi High Court has allowed former MP Subramanian Swamy to withdraw his petition seeking investigation by an experts’ committee into the transfer of Yes Bank’s stressed assets to J.C. Flowers Asset Reconstruction Company. Observing no objection by the parties to the withdrawal of the Public Interest Litigation (PIL), a […]
The Kerala High Court has pointed out that the enactment of laws in English would not harm the growth of regional languages. Justice Bechu Kurian Thomas further pointed out this was also required under the Constitution of India, and opined that the enactment of laws in English would not harm […]
The Securities and Exchange Board of India (SEBI) board has approved a regulatory framework for Index Providers with the objective of fostering transparency and accountability in the governance and administration of financial benchmarks in the securities market. The regulations will provide a framework for registration of Index Providers which license […]
BSE has put in place fresh guidelines for small and medium enterprises looking to migrate from its SME platform to the main board, whereby the applicant will be required to have a net worth of at least Rs 15 crore for the preceding two financial years. Under the guidelines, the […]
State-owned oil and gas giants including IndianOil and GAIL (India) Ltd have been slapped with fines for the second quarter in a row for failing to meet listing requirements of having the requisite number of independent directors on board. Stock exchanges have fined oil refining and fuel marketing giant Indian […]
Sebi chief Madhabi Puri Buch on Saturday said the regulator will certainly address the issue of exorbitant valuation of initial public offerings, amid a slew of share sales hitting the capital market. This week, five companies, including Tata Technologies, came out with their Initial Public Offerings (IPOs) that garnered a […]
Capital markets regulator Sebi aims to introduce same-day settlement of trades on stock exchanges by March 2024 and eventually have real time settlement, its Chairperson Madhabi Puri Buch said on Saturday. Already, the watchdog reduced the settlement timelines to as short as one day. “Sebi wants the T plus zero […]
The National Company Law Appellate Tribunal (NCLAT) has postponed the final hearing of Google’s appeal against the Competition Commission of India’s (CCI) order imposing a penalty of Rs 936 crore, media reports said. In a notice released on November 24, the NCLAT deferred the hearing of Google’s appeal, which was […]