Format for compliance report on Corporate Governance to be submitted to Stock Exchange (s) by Listed Entities
CIRCULAR CIR/CFD/CMD/ 5 /2015 September 24, 2015 To All… Read More
SEBI cautions public to deal with only SEBI registered investment advisers and research analysts
PR No. 235/2015 SEBI cautions public to deal with only SEBI registered investment advisers and research analysts The general public is hereby cautioned to deal with only SEBI registered investment advisers and research analysts for availing investment advisory services/ research services. The details of SEBI registered investment advisers and research analysts are available on the… Read More
Govt to relax FDI sectoral caps
Economic affairs secretary Shaktikanta Das said on Wednesday that the government would take action in the coming weeks/months to further liberalise FDI sectoral caps, address the stressed assets issue in the banking sector and deepen the corporate bond and stock markets. The government will not wait for the Budget to take the policy initiatives¦ policy… Read More
ECB rules to be liberalised soon
Economic Affairs Secretary Shaktikanta Das on Wednesday said that the Reserve Bank of India (RBI) would soon come out with draft report on liberalising External Commercial Borrowings (ECB). The Reserve Bank of India will soon issue a draft paper on liberalisation of certain external commercial borrowing norms to ensure funds are available to needy corporates.… Read More
46 Nifty companies report 415 sexual harassment cases
Two-thirds of companies on the Nifty, a 50-stock benchmark index of the NSE, reported cases of sexual harassment in the previous financial year, according to a study by the ET Intelligence Group. An examination of the annual reports of 46 Nifty companies showed a total of 415 cases, with 80% of these in information technology… Read More
MCA to make Annual filing forms available w.e.f. 25th September, 2015
The Ministry of Corporate Affairs has issued a General notice dated 24th September, 2015 for the introduction of New forms AOC-4(Non-XBRL), MGT-7, ADT-2 & SH-9 is being made available w.e.f 25th September 2015 along with C&I Validation tool beta version. You are requested to plan accordingly. New Versions of forms CRA-4 and CHG-4 are also likely… Read More
ICSI to organise ‘Opinion Writing Competition’ for qualified members
ICSI-CCGRT is pleased to announce unique Opinion Writing Competition for the Members with a view to explore their opinion writing skills. The Competition Rules are: The competition is open for all the Member of ICSI No participation fee Case for opinion is enclosed Participants are expected to give opinion keeping in mind provisions of Companies Act, 2013… Read More
Streamlining the Procedure for Grant of Industrial Licenses
Government of India Ministry of Commerce and Industry Department of Industry Policy & Promotion Udyog Bhavan, New Delhi Press Note No. 10 (2015 series) STREAMLINING THE PROCEDURE FOR GRANT OF INDUSTRIAL LICENSES The initial validity of Industrial License for Defence Sector, as per Press Note 5 (2015 series), is presently seven years, further extendable up to… Read More
CBEC further amends Notification No.12/2012-Customs dated 17.03.2012
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 47/2015-Customs New Delhi, the 22nd September, 2015 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to… Read More
Sebi directs Mutual Funds to improve monthly disclosure standards
The Securities and Exchange Board of India (Sebi) has directed mutual fund houses to standardise their fact sheets or the monthly information documents sent to unit holders. The move is aimed at bringing about more transparency and uniformity and helping investors take more informed investment decisions. Asset management companies (AMCs) will have to provide information… Read More
Compliance with sexual harassment law is poor
Response to the law against sexual harassment of women has been pathetic if action taken by respective state governments and private entities is anything to go by. It's be en nearly two years since the Sexual Harassment of Women at Workplace (Prevention Prohibition & Redressal) Act 2013 came into force, but only one state, Rajasthan,… Read More
ICSI President says Companies Act, 2013 to get fully implemented by March, 2016
The president of the Institute of Company Secretaries of India, Atul H Mehta, said in a conference in Jamshedpur organiesed by ICSI on ' Critical Aspects of Companies Act, 2013' that the Act would likely be implemented fully by March, 2016. Currently the act was implemented partially and the unimplemented sections related to the National… Read More
Sebi seeks greater NBFC disclosure
The Securities and Exchange Board of India (Sebi) has asked non-banking financial companies (NBFCs) to issue detailed disclosures while launching a public offer of debt securities to raise funds. The norms, which will be applicable to draft offer documents to be filed on or after November 1, have been finalised on the basis of feedback… Read More
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