Others - Corporate Law Reporter

MoS for Petroleum says 90% of LPG Cylinders will be sold at subsidised rates

The Minister of State for Petroleum & Natural Gas Smt. P. Lakshmi informed the Lok Sabha in a written reply today that the Public Sector Oil Marketing Companies (OMCs), namely, Indian Oil Corporation Limited (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) have estimated (based on previous year consumption data) that… Read More

Department isssues Guidelines for setting up Disaster Recovery and Business Continuity Plans Centers for IT / ITES SEZs

No. D.12/25/2012-SEZ Government of India Ministry of Commerce & Industry Department of Commerce (SEZ Division) Udyog Bhavan, New Delhi 20-22nd February, 2013 Subject: Guidelines for Setting up Disaster Recovery (DR) and Business Continuity Plans (BCP) Centers for IT / ITES SEZs Disaster recovery (DR) may be seen as the process, policies and procedures related to preparing for recovery or continuation… Read More

Committee on Public Undertaking recommends ban on Export of Iron Ore

In the 11th Report of Committee on Public Undertaking (2010-11) regarding comprehensive examination of Rashtriya Ispat Nigam Limited, the Committee has interalia recommended that injudicious export of raw natural resources like iron ore, coal needs to be banned. Export of iron ore is regulated through fiscal measure by imposition of export duty. Accordingly, the Central… Read More

Justice Usha Mehra’s Commission report submitted to Law and Home Ministries

Justice (Retd) (Ms) Usha Mehra Commission submitted its report to the Government which was received by the Union Minister of Law & Justice Shri Ashwani Kumar and the Union Home Secretary Shri R.K.Singh here today . The Commission was constituted on 26th December, 2012 to inquire into various aspects of shocking incidence of rape and… Read More

German Development Corp sanctions assistance to NABARD for National Resources Management Project

Under Umbrella Programme on Natural Resource Management(UPNRM), the German Development Corporation(GDC) has sanctioned assistance to NABARD in two phases. UPNRM Phase-I has a loan component of 15 Million Euro and a grant component of 12.9 Million Euro, totaling 27.9 Million Euro. UPNRM Phase-II has a loan component of 52 Million Euro and grant component of… Read More

FM to Dedicate Centralized Processing Cell for TDS

The Union Finance Minister Shri P. Chidambaram, will dedicate the Centralized Processing Cell for Tax Deducted at Source, CPC (TDS) to the nation tomorrow. The CPC (TDS) will be situated at Aayakar Bhawan, Sector-3, Vaishali, Ghaziabad (UP). It will provide the tax deductors, taxpayers and the Assessing Officers, a wide range of online services related… Read More

IRDA to introduce a New Policy to increase Country-wide penetration of Insurance

Penetration of Insurance Policies; IRDA to Come-Out With a New Policy Giving Automatic Clearance to Standard Life Insurance Products and Relax Investment Guidelines to Encourage Flow of Funds into Infrastructure Sector Insurance companies, both life and non-life sector have initiated number of steps to increase insurance penetration across the country. These include, inter alia, opening of… Read More

Beneficiaries under Forest Rights Act, 2006

As per information received from the State Governments/Union Territory Administration, till 31st January, 2013, 32,45,191 claims have been filed under the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006 and 12,80,100 titles have been distributed under the Act. Further, 16,226 titles were ready for distribution. As per the information received… Read More

Mechanism for Fixing Drugs Price

The government has notified the National Pharmaceutical Pricing Policy, 2012 (NPPP-2012) where it has also been proposed to regulate and control the prices of National List of Essential Medicines- 2011. The salient features of National Pharmaceutical Pricing Policy, 2012 (NPPP- 2012) are as under: ¢ The regulation of prices of drugs is on the basis… Read More

Introduction of New Drug Policy

The government has notified the National Pharmaceutical Pricing Policy, 2012 (NPPP-2012) where it has also been proposed to regulate and control the prices of National List of Essential Medicines- 2011. The salient features of National Pharmaceutical Pricing Policy, 2012 (NPPP- 2012) are as under: ¢ The regulation of prices of drugs is on the basis… Read More

Expansion and Improvement of Telecommunication Services

The details, of the physical and financial targets set and achieved for expansion and improvement of telecommunication services in the country during the Eleventh Five Year Plan as per 11th Plan document of the Planning Commission, are as given below: Targets Achievements To reach a telecom subscriber base of 600 million. Target has been achieved. Total number… Read More

Directions issued by Department of Telecommunications regarding Specific Absorption Rate

Study on Radiation From Mobile Towers and Cell Phones Bio-initiative 2012 report has summarized about 1800 new studies under twenty four technical chapters. Overall, these new studies reported abnormal gene transcription; genotoxicity and single and double strand DNA damage; stress proteins because of the fractal RF-antenna like nature of DNA; chromatin condensation and loss of… Read More

TRAI prescribes framework for Telecom Consumers Complaint Redressal Regulations, 2012

Call Centres for Mobile and Landline Telephones Call centers are being setup by the Telecom Service Providers across the licensing service area for catering to the queries/complaints of their mobile and landline customers. The Telecom Service Providers have informed that their call Centre capacity is adequate for the current call volumes. The deployed call… Read More