Others - Corporate Law Reporter

Index of Industrial Production and use-Based Index for the Month of April, 2013

The Quick Estimates of Index of Industrial Production (IIP) with base 2004-05 for the month of April 2013 have been released by the Central Statistics Office of the Ministry of Statistics and Programme Implementation. IIP is compiled using data received from 16 source agencies viz. Department of Industrial Policy & Promotion (DIPP); Indian Bureau of Mines; Central Electricity Authority; Joint Plant Committee; Ministry of Petroleum & Natural Gas; Office of Textile Commissioner; Department of Chemicals & Petrochemicals; Directorate of Sugar; Department of Fertilizers; Directorate of Vanaspati, Vegetable Oils & Fats; Tea Board; Office of Jute Commissioner; Office of Coal Controller; Railway Board; Office of Salt Commissioner and Coffee Board. 2. The General Index for the month of April 2013 stands at 167.3, which is 2.0% higher as compared to the level in the month… Read More

Consumer Price Index Numbers for the Month of May, 2013

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation releases Consumer Price Indices (CPI) on base 2010=100 for all-India and States/UTs separately for rural, urban and combined every month with effect from January, 2011. Provisional indices for the month of May 2013 and also final indices for April 2013 are being released with… Read More

Parliamentary Consultative Committee of Ministry of Steel

The Union Minister of Steel, Shri Beni Prasad Verma has said that India continues to hold the 4th position in global crude steel production for the past 3 years. Chairing the meeting of the Parliamentary Consultative Committee attached to his Ministry here today, he said that the Crude Steel production in India has grown by… Read More

15 firms face criminal charges for Labour law violations

At least 15 leading private infrastructure and construction companies, who were executing work for the Bangalore based Namma Metro project, have been slapped with criminal cases by the Union Ministry of Labour and Employment for allegedly violation of labour laws. A report was submitted by the Deputy Chief Labour Commissioner (Central), Ministry of Labour and Employment, Bangalore,… Read More

Lifting of Corporate Veil with reference to Leading Cases

COMPANY LAW LIFTING OF CORPORATE VEIL WITH REFERENCE TO LEADING CASE Shagun Singh 15.04.2013 NATIONAL UNIVERSITY OF RESEARCH AND STUDY IN LAW 2013 INTRODUCTION Corporate personality has been described as the ˜most pervading of the fundamental principles of company law[1]. It constitutes the bedrock principle upon which company is regarded as an entity distinct from… Read More

Forex Earnings from Tourism increases

Foreign Exchange Earnings from Tourism Increases by More than Nine Percent in May 2013 Foreign Tourist Arrivals also Goes up by Three Percent During the Month Foreign Exchange Earnings ( FEEs) from tourism increased by more than nine percent in May 2013 over May 2012.Foreign Tourist Arrivals ( FTAs) also went up by more than 3.2… Read More

ACC Appointments

The Appointments Committee of the Cabinet has approved the following appointments: (i) Shri Jitendra Shankar Mathur, IAS(MP:82), Additional Secretary and Financial Adviser, Ministry of Information and Broadcasting as Additional Secretary, Ministry of Information and Broadcasting in the vacancy of Shri C.Viswanath, IAS(AP:81). (ii) Ms.Annie Moracs, IP&T A&FS(79), at present in the cadre, as Additional Secretary and… Read More

Coporates to Partner with Government for Training and Skill Development for Minorities

A Joint Committee to be set up with CII, FICCI and PHDCCI to Promote Entrepreneurial Development Programme-Shri K Rahman Khan Shri K. Rahman Khan, the Union Minister of Minority Affairs has suggested to set up a Committee of the three Business Chambers and Ministry of Labour and Employment to give impetus to the efforts to… Read More

No Additional Restrictive Measures on Gold Contemplated : CEA

Statement Made by Chief Economic Adviser Dr. Raghuram G. Rajan to the Media Today; India Has Received Net Inflow Of $3.675 Billion Between May 1 and June 10, 2013; Large Part of the Decline in the Value of Rupee In Recent Days Is Because of Dollar Strength; Significant Drop in Gold Imports Expected During June, 2013… Read More

TRAI puts on notice the cable TV subscribers of Digital Addressable Cable

The Telecom Regulatory Authority of India (TRAI) has decided to put such cable TV subscribers of DAS on notice who have not yet submitted the consumer application form (CAF), complete in all respects including their choice of channels/services, to the respective cable operator/multi system operator (MSO). In case any such cable TV subscriber does not submit… Read More

National Rural Health Mission – Mainstreaming of AYUSH

A total of Rs 553.00 crores was given to the States / UTs for mainstreaming of AYUSH under National Rural Health Mission during 2009-13. This resulted in the establishment of new AYUSH facilities in 803 Primary Health Centres, 113 Community Health Centres, 24 District Hospitals and up-gradation of 379 exclusive AYUSH hospitals and 415 Dispensaries… Read More

India to Help Revive 300 Apparel Factories in Myanmar

India has offered to help in revival of 300 apparel factories in Myanmar. During his meeting with the Myanmar President U Thein Sein last Friday, in Nay Pyi Taw, The Union Minister of Commerce Industry and Textiles, Shri Anand Sharma also offered US$ 5 million Line of Credit for revival of these factories. The South India… Read More

India in Myanmar – Making inroads

India Offers Usd 150 Million for SEZ in Sittwe Indian Banks Make Inroads in Myanmar India™s Oil Companies Get Big Projects in the Oil Rich Myanmar Road Projects in Myanmar to Help India™s Land Locked Northeast Anand Sharma Meets President U Thein Sein of Myanmar India has offered US$ 150 million of credit for project… Read More