All board members and staff of the Securities and Exchange Board of India (Sebi) will be required to declare their assets, liabilities, trading activities, and relevant relationships at multiple stages - at the time of appointment, annually, upon key events, and at exit. This is part of a series of recommendations by a high-level committee constituted by the markets regulator in a bid to overhaul conflict-of-interest and disclosure rules.
'It is the most shocking and tragic incident in the history of SAI' SAI's director general Injeti Srinivas will submit report to Sports Ministry at the earliest
She said I treated her like a bachchi. At another moment, she said I had gone to various people and 'bitched' about her. She also threatened to bring the entire matter to the PM's notice. A revealing excerpt from Subhash Chandra Garg's We Also Make Policy: An Insider's Account of How the Finance Ministry Functions.
The Sports Ministry on Saturday said any selection process that leaves out the best talents is faulty and it would have no issues if National Rifle Association of India (NRAI) exempts ace shooter Abhinav Bindra from trials.
With time running out and the threat of India's ouster from the Olympic family looming large, the Sports Ministry on Tuesday sought an early meeting with IOC President Jacques Rogge to solve what it described as a 'false situation of crisis' created by the IOA officials.
Corporate Affairs Secretary Injeti Srinivas said the issue is how the interests of stakeholders are to be balanced
The Delhi policewoman was standing in front of the dais at Vigyan Bhawan during the first National CSR Awards function. She fell and sat on the carpet when the national anthem was being played, according to a PTI photographer who was present.
"We have constituted a medical board (for the inquiry into the incident) and our priority is to save the lives of those athletes (girls)," Sonowal said on the sidelines of a conference in New Delhi on Friday.
The All India Football Federation, on Wednesday appointed Portugal's Luis Norton de Matos as the head coach of the India U-17 team for the FIFA U-17 World Cup scheduled to be held in October this year.
Companies will have to follow all requirements laid out under rules for holding board meetings via video conferencing such as recording of these proceedings, ensuring availability of proper equipment among others.
'There is bound to be a strong and concrete reason behind his exclusion despite qualifying for the final of the World Championships'
The government is also planning to set up specialised Benches for competition law to reduce the burden of the appellate tribunal, which is referred to on all matters from company law and IBC to competition law and the national financial reporting authority.
Corporate social responsibility rules that kicked in on Friday also set a three year time-limit for any CSR project, among a series of other amendments introduced by the government.
Five-time world champion M C Mary Kom has resigned as the national observer for Indian boxing after Sports Minister Rajyavardhan Singh Rathore made it clear that active sportspersons will not be considered for the position.
PSBs have been requested to reach out to MSMEs to provide bill discounting to them against their dues since they suffer the most from shortage of cash.
The government on Friday notified the rules for insolvency and liquidation proceedings of financial service providers (FSPs). These rules, notified by the ministry of corporate affairs, will not be applicable to banks, reports Ruchika Chitravanshi.
The International Boxing Association (AIBA) on Wednesday constituted a five-member ad-hoc committee for finding a group which would organize and administrate the sport in India.
The Indian Olympic contingent was given a warm send-off on Monday, but it was Bollywood actor and IOA's Goodwill Ambassador Salman Khan who turned out to be the cynosure of all eyes, instead of the 20-odd Rio-bound athletes present on the occasion.
The panel suggests the government be authorised to raise the thresholds, which trigger applicability of Corporate Social Responsibility provisions.
The ministry said some urgent amendments are not there in the ordinance but are required for strengthening the corporate governance
Government suspects that many of these bank accounts were used to launder money, especially after the demonetisation in November 2016.
'GIFT City is now on a growth trajectory,' says Tapan Ray, MD and group CEO, GIFT City, 'The time has come for the GIFT City to take the big leap and emerge as the next financial hub of Asia.'
In yet another case of apathy towards athletes, members of the Indian team bound for the Asia Pacific Deaf Games (APDG) were forced to sleep on pavements in their wait for visa ahead of the competition beginning in Taoyuan, Chinese Taipei on Saturday.
A committee suggested that CSR expenditure be made tax deductible, in order to incentivise spending by companies. It also said that CSR should not be used as a means of resource-gap funding for government schemes.
For financial sector companies setting up shop in India, as of now the go-to regulators are obviously Sebi and the RBI with carve-outs for IRDAI or possibly PFRDA. But this could change soon with the International Financial Services Centres Authority, observes Subhomoy Bhattacharjee.
Facing a severe backlash for appointing scam-tainted Suresh Kalmadi and Abhay Singh Chautala as life presidents, the Indian Olympic Association has been forced to revoke its controversial decision.
Sports Authority of India Director General Injeti Srinivas on Saturday said that he would not completely rule out 'foul play'.
Coal Secretary Anil Swarup has been appointed as school education secretary.
The interim report highlights key competition issues in the e-commerce space like deep discounting, the imposition of unfair terms and conditions, the growing dependence of brick and mortar establishments on online platforms, and opaqueness in search rankings.
Union Sports Secretary Injeti Srinivas on Saturday made it clear that Saketh Myneni is "no less deserving" than Rohan Bopanna for the prestigious Arjuna award despite questions being raised about his merit.
High Performance Director Roelant Oltmans was on Saturday appointed coach of the Indian hockey team, replacing Paul van Ass, who was unceremoniously sacked after a bitter spat with Hockey India president Narinder Batra.
The state units affiliated to Boxing India on Wednesday claimed ignorance about the International Boxing Association's decision to constitute an ad-hoc committee for administrating the sport in India, even as it planned to write to AIBA about proposing a date for conducting its elections.
His repeated requests for rehabilitation ignored, Commonwealth Games gold-medallist Parupalli Kashyap is flummoxed after being sent air tickets to join the Indian badminton squad at the South Asian Games despite being laid low by an abdominal strain.
Bankruptcy proceedings are going at a slower pace than what the bankers had envisaged and many cases have gone beyond the 270-day timeline set under the IBC mainly because of litigation.
Home buyers would be able to invoke Section 7 of the IBC against errant developers.
The government plans to rationalise trade margins for many other medical devices, besides stents and knee implants.
Parliamentary Standing Committee on Human Resource Development headed by Satyanarayan Jatiya has slammed SAI for not roping in sportspersons even 20 years after being asked for restructuring of the "unwieldy and monolithic bureaucratic organisation
Summary of sports events and persons who made news on Friday
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