SEBI Enhances Foreign Investment limits in Government debt
CIR/IMD/FIIC/8/2013 CIRCULAR June 12, 2013 To All Foreign Institutional Investors through their designated Custodians of Securities The Depositories (NSDL and CDSL) Sir / Madam, Sub: Enhancement in Foreign Investment limits in Government debt 1. The Government of India has enhanced the Government Debt Limits by USD 5 billion (equivalent to approximately INR 29,137 cr converted… Read More
Change of Guard : K S Rao Takes Charge as New Textiles Minister
Dr. Kavuru Sambasiva Rao took over as the new Union Minister for Textiles here today. Dr. Rao is a Lok Sabha member from Eluru constituency of Andhra Pradesh. Speaking to mediapersons after taking charge as the new Textiles Minister, Dr. Rao expressed concern over the current account deficit (CAD) which is affecting the nation™s economy. He highlighted… Read More
Change of Guard : Smt. Santosh Chowdhary takes over as Minister of State for Health and Family Welfare
Smt. Santosh Chowdhary has taken over as the Minister of State for Health & Family Welfare in New Delhi today. Smt. Chowdhary is the Member of Parliament from Hoshiarpur Constituency of Punjab. Speaking to media, Smt. Chowdhary said, I shall try to implement all schemes of the UPA Government relating to health sector for the… Read More
Draft Patent (Amendment) Rules, 2013 have been notified – Comments invited
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRADORDINARY, PART II, SECTION 3 SUB-SECTION (II)] Government of India Ministry of Commerce and Industry (Department of Industrial Policy and Promotion) Notification New Delhi, the 6th May, 2013 G.S.R...(E). The following draft of certain rules further to amend the Patents Rules 2003, which the Central Government proposes… Read More
Public Awareness Session about the India’s accession to the Madrid Protocol
No E/139 GOVERNMENT OF INDIA TRADE MARKS REGISTRY IP BUILDING, G.S.T.ROAD, GUINDY, CHENNAI-600 032. Telefax : 22502044 e-mail: tmrchennaj©nic in website: www.ioindia.nic in Date : 18.6.2013 PUBLIC NOTICE It is proposed to arrange Public Awareness Session about the India's accession to the Madrid Protocol at Trade Marks Registry Branch, Chennai in the Conference Hall (I… Read More
Official Journal of the Patent Office Part I & II – 14th June 2013
Part - I In view of the recent amendment made in the Patents Act, 1970 by the Patents (Amendment) Act, 2005 effective from 01st January 2005, the Official Journal of The Patent Office is required to be published under the Statute. This Journal is being published on weekly basis on every Friday covering the various proceedings on… Read More
Official Journal of the Patent Office Part I & II – 7th June 2013
Part - I In view of the recent amendment made in the Patents Act, 1970 by the Patents (Amendment) Act, 2005 effective from 01st January 2005, the Official Journal of The Patent Office is required to be published under the Statute. This Journal is being published on weekly basis on every Friday covering the various proceedings on… Read More
TRAI Extends timeline for receiving comments on draft amendments to the Interconnection Regulations applicable for Digital Addressable Cable Television Systems
Extension of time for receiving comments on draft amendments to the Interconnection Regulations applicable for Digital Addressable Cable Television Systems (DAS) and Tariff Order applicable for all addressable systems The Telecom Regulatory Authority of India (TRAI) released draft amendments to the Interconnection Regulations applicable for Digital Addressable Cable Television Systems (DAS) and Tariff Order applicable for all… Read More
India and World Bank Sign Us$ 216 Million Agreement for Kerala State Transport Project
The Loan and Project Agreements for World Bank (IBRD) assistance of US$ 216 million for Second Kerala State Transport Project were signed between Government of India/Government of Kerala and World Bank at New Delhi today. The Loan Agreement was signed by Shri Nilaya Mitash (Joint Secretary, Department of Economic Affairs) on behalf of Government of… Read More
Government Approves 1 Proposal of Foreign Direct Investment
Further to para 5 of the Press Release dated May 31, 2013, wherein it was stated that decision of the 2 (Two) proposals will be communicated separately, Government has approved 1 Proposal of Foreign Direct Investment amounting to Rs. 7.00 crore approximately. Following 1 (One) proposal has been approved. Sl. No. Name of the applicant Particulars of the proposal FDI/NRI… Read More
PM announces 1000 crore rupee disaster relief for Uttarakhand
Following is the text of Prime Minister, Dr. Manmohan Singh™s statement to the media after an aerial survey of disaster affected areas of Uttarakhand: Earlier today, Smt. Sonia Gandhi, Chairperson, UPA and I undertook an aerial survey of the rain and flood-affected areas of Uttarakhand. We saw for ourselves the large scale devastation that has… Read More
Achieving Professional Excellence
Address given by Shri P. Vijaya Bhaskar, Executive Director, Reserve Bank of India at the Silver Jubilee Function of Institute of Chartered Secretaries of India (ICSI) at Mumbai on June 15, 2013 I. Introduction At the outset, I thank the organisers of the Silver Jubilee Function of Institute of Chartered Secretaries of India (ICSI) for… Read More
SC verdict: Payments To LIC Towards Group Gratuity funds is allowed
CIT vs. Textool Co. Ltd (Supreme Court) Ratio of the Case: Though section 36(1)(v) requires a direct payment to a gratuity trust fund, payments made to the LIC Group Gratuity Scheme for the benefit of the employees is also allowable. CLR Editorial Notes: The assessee in question had set up a gratuity fund which was… Read More
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