Others - Corporate Law Reporter

Featured Event | ASSOCHAM National Seminar on “Due Diligence – Key to Successful Business Deals”

National Seminar on Due Diligence -Key to Successful Business Deals- Friday, 7th June, 2013, Hotel Le Meridien, New Delhi Greetings! For acquiring companies, due diligence is a critical process that cannot be overlooked. Due diligence not only nets the hard data you need to assess potential financial, legal, and regulatory exposures, but also gives insights… Read More

CLR Snippets | Finance Bill gets enacted as Act No.17 of 2013

The Finance Bill presented in the Parliament earlier this year gets enacted as Act No.17 of 2013, as the President has given his assent on 10th May,2013. ***** Read More

CLR Snippets | Kapil Sibal is the New Law Minister

Eminent Senior Advocate and tax expert Shri Kapil Sibal has been appointed the Law Minister of India, after Shri Ashwani Kumar resigned from his post in the wake of the Coalgate issue. Shri. Kapil Sibal™s father, Shri. H. L. Sibal, was an eminent tax counsel and has appeared in hundreds of tax matters. Shri. Kapil Sibal has… Read More

Meeting of Consultative Committee of Parliament attached to the Ministry of Health & Family Welfare

The Meeting of Consultative Committee of Parliament attached to the Ministry of Health & Family Welfare on Family Planning and Population Stabilisation was held in New Delhi today. ShriGhulamNabi Azad, Union Minister of Health & Family Welfare presided over the meeting. The meeting discussed various issues on Family Planning and Population Stabilization. In his opening… Read More

TRAI steps to ensure quality service by Cellular Mobile Telephone Service Providers

As per Telecom Regulatory Authority of India (TRAI) Act 1997, TRAI monitors quality of service provided by telecom service providers. TRAI has laid down the quality of service standards for Cellular Mobile Telephone Service through the Standards of Quality of Service of Basic Telephone Service (Wireline) and Cellular Mobile Telephone Service Regulations, 2009 dated 20th… Read More

MoC statement on the growth potential of Indian Leather industry

The Leather Industry holds a prominent place in the Indian economy. This sector is known for its consistency in high export earnings and is among the top ten foreign exchange earners for the country. It is an employment intensive industry, providing jobs to about 2.5 million people, mostly from the weaker sections of the society.… Read More

Issues related to administrative allotment/ assignment of spectrum

A Committee had been constituted in Deptt of Telecom to look into the issues related to administrative allotment/ assignment of spectrum in the various categories i.e. Captive Mobile Radio Trunk Service (CMRTS), Public Mobile Radio Trunk Service (PMRTS), Commercial VSATs and all captive users etc. The Committee had submitted its report containing, inter-alia, periodic review… Read More

CLR Snippets | Fresh Tenders Applied by Companies involved in VVIP helicopters Deal Scam

M/s Agusta Westland has submitted bids for Naval Utility Helicopters (NUH) of Navy and Twin Engine Helicopters proposal of Indian Coast Guard. No decision regarding blacklisting of Agusta Westland Company has been taken so far, as the matter is under examination. As the case is under investigation by CBI, no specific date can be given at this… Read More

Google Hangout by Dr. Shashi Tharoor

The Minister state for Human Resource Development, Dr. Shashi Tharoor has said that the intervention by the Ministry in controversy over the Four Year Degree Course by the Delhi University will set a bad precedent. Replying to a volley of questions by the people belonging to the various parts of the country and abroad over… Read More

Setting up of new major ports in the states of West Bengal and Andhra Pradesh

The Cabinet Committee on Economic Affairs (CCEA) today approved the proposal of the Ministry of Shipping for: (i) setting up a new major port at Sagar Island in West Bengal through the Public Private Partnership (PPP) mode by following the extant procedures for project appraisal/approval, including obtaining environmental clearances, etc. (ii) appointing the transaction advisers… Read More

Coal India Registered a Growth of 5.7% in Coal Production

Coal India Limited (CIL) began the financial year 2013-14 on a positive note as the Maharatna coal mining company during April 2013, fulfilled its targets in both the facets coal off-take and production, posting growth in the process. CIL as a whole produced 35.75 Million Tonnes (MTs) during April 2013 against 33.81 MTs during the… Read More

Prime Minister to Inaugurate National Platform of Disaster Risk Reduction

Prime Minister Dr. Manmohan Singh will inaugurate the First Session of National Platform for Disaster Risk Reduction (DRR) in New Delhi at the Vigyan Bhawan on 13th May 2013. Union Home Minister Shri Sushilkumar Shinde will also be present on the occasion. The whole range of stakeholders from Government, Parliamentarians, Media, International Orgnaisations, NGOs, local… Read More

Global crude oil price of Indian Basket declines to 101.99/US$ bbl on 09.5.2013

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas fell to US$ 101.99/barrel (bbl) on 9.05.2013. This was lower than the price of US$ 102.38/bbl prevailing on the previous trading day of 08.05.2013. In rupee terms also, the crude… Read More