The high-level panel, chaired by former Chief Justice of Karnataka and Kerala High Courts, K Sodhi, had focused on reviewing the Sebi (Prohibition of Insider Trading) Regulations, 1992.
Bhalla will succeed former RBI deputy governor Subir Gokarn, who died in the US on July 30 after a brief illness.
Detailing the guidelines for examinations and academic calendar for the universities in view of the COVID-19 pandemic and subsequent lockdown, the commission said the exams for final semester students be conducted in July. The varsities may decide whether to conduct exams online or offline keeping in view the support system available with them and ensuring fair opportunity to all students.
The apex court, which has been mulling over the issue in its meetings held at the residence of Chief Justice of India S A Bobde on Thursday and Friday, took note of the government's March 5 advisory cautioning against mass gatherings in view of the fact that the World Health Organisation has declared COVID-19 a 'global pandemic'.
Earlier this month, Sobha Kapoor and Ekta Kapoor, part of the promoter group of Balaji Telefilms, faced shareholder ire when they failed to obtain the requisite votes on resolutions proposing pay increases for them. In recent months, several promoter-directors, including Siddharth Lal of Eicher Motors and Pawan Munjal of Hero MotoCorp, have faced similar situations. Clearly, large institutional shareholders - and public shareholders - are not taking kindly to promoter-directors upping their remuneration takeaways at a time when the prospects of business recovery are clouded by the anticipated third wave of the Covid-19 pandemic.
'Every few days, I wake up with a sense of restlessness that time is running out'... 'We have created a due process for stressed assets to resolve, but there is no concrete plan in place for public sector bank balance sheets,' says RBI Deputy Governor Viral Acharya.
The mechanism would also need to have necessary safeguards to protect whistle-blowers from victimisation, while checks would also be required against any misuse of this facility aimed at encouraging directors and employees to report genuine concerns and any wrongdoings at their company.
While current coach Anil Kumble is an automatic entry into the process, the others in the fray are Australian Tom Moody and Englishman Richard Pybus.
The panel may include or seek inputs from former RBI Governor Urjit Patel, former chief economic advisor Arvind Subramanian, Sajjid Chinoy of the PM-EAC, Rathin Roy, among others.
History shows us that even effective vaccines could have unknown side effects that could develop over time, warns former Cabinet Secetary K M Chandrasekhar.
The Delhi government on Monday clarified that the advisory issued on two-finger test on rape victims was "misinterpreted" and said it will issue a fresh notification clearly mentioning that this procedure to ascertain sexual assault is banned.
India may have to pull out of next year's Champions Trophy in England if the Board of Control for Cricket in India implements Justice RM Lodha Committee recommendations in toto, Board president Anurag Thakur warned on Monday.
The government has refused to exempt the digital news content of mainstream television channels and print media from the ambit of the the IT Rules, 2021 and asked them to take 'urgent steps' to comply with the provisions of the digital media rules immediately.
Newly-appointed India coach Anil Kumble dismissed reports of conflict of interest between his new job and his involvement in a sports firm as well as heading the International Cricket Council's Cricket Committee.
Capital markets regulator Sebi on Tuesday asked listed companies to work towards splitting the roles of chairman and managing director before the April 2022 deadline, as the new directive is not aimed at weakening the position of promoters. Listed entities were initially required to separate the roles of chairperson and MD/CEO from April 1, 2020 onwards. However, based on industry representations, an additional time period of two years was given for compliance. The regulation will now be applicable to the top 500 listed entities by market capitalisation, with effect from April 1, 2022.
The Board of Control for Cricket in India seems to be all set to retain chief coach Anil Kumble as acting president C K Khanna on Thursday wrote a letter to secretary Amitabh Chaudhary urging him to defer the recruitment process till the end of the West Indies tour.
'He will go to Australia in a couple of months. I am sure he will do well because he is a good back-foot player. You want to see young players doing well'
'He will go to Australia in a couple of months. I am sure he will do well because he is a good back-foot player. You want to see young players doing well'
Sourav Ganguly will have his hands full during his nine-month tenure
I agree with the Tarapore report on fuller capital account convertibility except for the time frame set.
Former Team Director Ravi Shastri will be the front-runner for the Head Coach's job of the Indian men's cricket team when the three-member Cricket Advisory Committee (CAC) meets in Mumbai on Monday to scrutinize candidates for the high-profile vacancy.
'Government of India has the right to give directions to RBI'.
One incident should not be used to generalise the health of all cooperative banks, says RBI governor Shaktikanta Das.
Japan's Asahi Shimbun, an official partner of the Tokyo 2020 Olympics, called for the Summer Games to be cancelled in an editorial
The IOC will hold discussions that will include an option of putting back the July 24 start date or even moving the Games by a year or more due to the global coronavirus outbreak, but said cancelling the Games would not solve problems or help anybody. They have raised several issues in the past week with the IOC, including athletes' inability to prepare due to restrictions caused by the virus and their overall safety.
The bank has hired US-based advisory firm Korn Ferry to help with the selection process.
Reserve Bank of India (RBI) Governor Raghuram Rajan's decision to cut rates last week surprised even top officials.
Shining the ball is an integral part of Test cricket as it helps the bowlers swing the ball, both conventional and reverse.
The Sourav Ganguly-led BCCI has proposed six major amendments to the existing constitution which was adopted last year keeping in tune with the reforms suggested by the Justice Lodha committee.
'We are looking at the Budget with the hope that it will address all issues even at the cost of exceeding the fiscal deficit target.'
Kerala, Punjab, Telangana and Andhra Pradesh are among the major agriculturally important states that have banned the use of glyphosate citing its adverse impact on human health.
Sports Minister Kiren Rijiju advised the Boxing Federation of India to be transparent and resolve the Nikhat Zareen-Mary Kom in the best possible manner.
Mahindra will serve as a mentor and sounding board for the managing director on issues to be presented to the board, especially in the areas of strategic planning, risk mitigation and external interface. In addition, he will be available to provide feedback and counsel to the managing director on key issues facing the enterprise.
The money-spinning Indian Premier League has mulled a closed-door edition in a desperate bid to avoid cancellation as the deadly COVID-19 sent Indian sports into quarantine after a government directive for fans to be kept away from all action to prevent the pandemic from spreading.
The new norms also seek to ensure that sufficient safeguards are put in place to avoid any misuse of its new powers and the required privacy of individuals is granted while conducting search and seizure operations.
Renowned Indian environmental economist and UN Environment Programme (UNEP) goodwill ambassador Pavan Sukhdev has won the 2020 Tyler Prize, regarded as the 'Nobel Prize for the Environment', for his ground-breaking "green economy" work. Sukhdev, 59, who will receive the award alongside conservation biologist Gretchen Daily, has been acknowledged for his work on bringing the economic consequences of environmental degradation and loss to the attention of corporate and political decision-makers.
Balance is needed in selecting members for the proposed monetary policy committee, says Abheek Barua.
On Dr Homi J Bhabha's 110th birth anniversary, Dr K S Parthasarathy shares some personal memories of the legendary nuclear scientist.
From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.
Ponda is currently director of the firm's tax department, which is among the six finalist law firms nationwide for Chambers USA Awards for Excellence 2010 in Taxation Law.
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