Others - Corporate Law Reporter

Recent Initiatives of the Government for Justice Delivery and Legal Reforms

The Government is taking various initiatives to improve justice delivery system in the country and for improving justice delivery and legal reforms and steps to reduce pendency in courts from 15 to 3 years by 2012. These are as under: National Mission for Justice Delivery and Legal Reforms: The Government has ˜in principle™ approved setting… Read More

India™s Foreign Trade: April, 2011

EXPORTS (including re-exports) India™s Exports during April, 2011 were valued at US $ 23849.32 million (Rs. 105819.43 crore) which was 34.42 cent higher in Dollar terms (34.03 per cent higher in Rupee terms) than the level of US $ 17742.13 million (Rs. 78951.58 crore) during April, 2010. IMPORTS India™s Imports during April, 2011 were valued at US… Read More

Go Global with Google – An Opportunity for the Indian business

A news which became an opportunity, here comes google with the launch of its new tool 'Global Market Finder' in India, which will help advertisers find new markets overseas for their products. This new innovative tool will help Indian businesses to expand world wide and reach out to potential customers in international markets. The new tool… Read More

Sunil Mitra appointed as Finance Secretary

ï»¿ Shri Sunil Mitra, the present Revenur Secretary has been appointed as the Finance Secretary and Secretary, Department of Revenue upon retirement of Smt. Sushama Nath, Finance Secretary and Secretary, Department of Expenditure on 31st May, 2011. Shri Mitra, an IAS officer of the 1975 batch (West Bengal Cadre) had become the Revenue Secretary last year in… Read More

Log on to Facebook or Twitter to complain about misleading Ads

Errant advertisers could face more heat from industry watch dog Advertising Standards Council of India (ASCI), which has jumped on the social networking bandwagon, encouraging youths to speak out against questionable campaigns through its Facebook and Twitter accounts. Within a month of making its debut on Facebook and Twitter, ASCI has already received ten times… Read More

It pays to promote CEOs from within

A study of S&P 500 non-financial companies over 20 years (1988-2007) shows that businesses that exclusively promote CEOs from within the organisation outperform companies that recruit CEOs from outside the organisation. In the international study, 36 companies with CEOs promoted within the company outperformed others across seven measurable metrics: return on assets, equity and investment,… Read More

Govt. defers decision on Navi Mumbai SEZ split proposed by Sr. Ambani

The government today deferred a decision on a request from Mukesh Ambani-promoted Navi Mumbai SEZ for splitting itself into five zones, seeking more details from the developer. The issues was taken up by the Board of Approval (BoA) headed by Commerce Secretary Rahul Khullar at its meeting here. "The issue will be looked into by… Read More

Centre Seeks Views of State Governments and Political Parties on Lokpal

The Centre has sought the views of State Governments and Political Parties on certain issues related to drafting of Lokpal Bill. The text of the letter written by the Chairman of the Drafting Committee, Shri PranabMukherjee is as follows: The issue of setting up of a Lokpal to curb corruption in high places has been under the consideration of the… Read More

India and Iran discuss on issues related to Settlement of Payments

India and Iran hold detailed and Constructive Discussions on the Various Options for Resolving the Issues relating to Settlement of Payments; agreed to continue their Engagement in the Matter India and Iran sides held detailed and constructive discussions for two days i.e. May 30-31, 2011 on the various options for resolving the issues relating to… Read More

Jairam Ramesh to Release Report on Green Economy and the Forest on World Environment Day

Shri Jairam Ramesh to Release UNEP Report on Green Economy and the Forest on World Environment Day World Environment Day, 5th June is observed each year throughout the world, to focus attention on emerging environmental issues, and to induce public action. For 2011 UNEP (United Nations Environment Programme) has given the theme "Forests: Nature at Your… Read More

Lokpal Bill meets with hurdles

The Joint Drafting Committee on the Lokpal Bill on Monday for the first time got bogged down by contentious issues, with the UPA government opposing scrutiny of the Prime Minister, the higher judiciary and acts of MPs inside Parliament by the Lokpal and, as a way out, embarking on wider consultations. Both Union Minister for… Read More

CCI issues show cause order to NSE

The competition watchdog, CCI™s order last week confirming National Stock Exchange™s long-spell of predatory pricing in the currency futures segment, dissected and refuted the market institution™s argument that its intent was not to kill competition but to develop a nascent market. Opposing NSE™s arguments, the Competition Commission of India (CCI) asserted that NSE did not… Read More

Thrust on Faster and inclusive growth and sustainability : Montek

Planning Commission's Deputy Chairman Montek Singh Ahluwalia today said the issues like cash subsidy and PPP, especially raised by Bihar, would be addressed prominently in the approach paper to 12th five year plan. "We will give thrust on ensuring faster and inclusive growth and sustainability," Ahluwalia said. He was speaking to reporters along with Union… Read More