Currently, most crowdfunding platforms neither operate with proper authorisation nor are governed under any law.
Dilip Vengsarkar is set to take over as India's chief selector from Kiran More.
Experts said the outcome isn't surprising as the action initiated by Sebi was not after an investigation or findings.
If the idea of LWP scheme is to only weed out around 600 employees and subsequently save the carrier Rs 10 crore a month, the management could have easily laid off the retired employees, who had an advantage over others by dint of having 'connections' internally and in the corridors of the ministry of civil aviation, say Air India staff.
'This is the only country where success seems to be viewed as a bad thing.' 'Other governments and countries go out of their way to protect a successful organisation. Here we find ways of destroying it.'
Contesting on behalf of the BJP-backed Pawar-Bal Mahaddalkar group, Pawar beat the Shiv Sena-backed 'Cricket First' group's candidate Vijay Patil by 176-142 votes.
Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.
HR Guru Mayank Rautela offers practical advice.
Ministry of Corporate Affairs is now likely to examine whether all active companies have PAN or not
While the crackdown is a major step in combating tax evasion and improving transparency, it might also impact the flexibility and genuine corporate structures created to achieve legitimate objectives, says Suresh Surana.
A summary of sports events and persons who made news on Thursday.
Rollout of the Delhi leg of the project is critical because the registry here serves about 1.4 lakh companies
The Cricket Board has decided not to send national selectors abroad to watch the Indian team play overseas, according to BCCI's vice president Ravi Savant.
The Union ministry of corporate affairs (MCA) has informed Infosys that the appointment of Rohan Murty, son of co-founder and executive chairman N R Narayana Murthy, does not require its approval.
Next month, the edtech start-up, that teaches coding to kids online, is launching operations in five new markets - the UK, Germany, Australia, New Zealand, and Singapore.
MCA treasurer Professor Ratnakar Shetty said it will be a one-off ODI between India and an yet-to-be-confirmed opposition.
The newly elected BCCI chief wants a big stadium with seating capacity of 1.25 lakh to provide more seats to the cricket lovers.
A graded system of payments is being introduced from this season.
Virat Kohli's prominent advertising billboards overshadowed the retiring Sachin Tendulkar's pictures, the MCA removed the rising star's hoardings from the Wankhede stadium.
The 30-year-old, who worked as assistant coach and performance analyst to Australian coach John Buchanan, will also serve as Director of Cricket.
Rohit Sharma has been included in Ranji Trophy champions Mumbai's 15-member squad for the warm-up game against the visiting New Zealand side at New Delhi from September 16-18.
Sri Lanka will start their seven-ODI India tour with a warm-up game in Mumbai on October 22.
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.
Paying rich tributes to retiring batting great Sachin Tendulkar, Mumbai Cricket Association president and Union Agriculture Minister Sharad Pawar has described him as the "perfect ambassador" for the sport and a "role model" for youngsters.
Anu Malik's friends from the industry turned up to support him.
The Defence Research and Development Organisation has initiated talks with the Indian Air Force to design and develop a fifth generation fighter plane, to be called Medium Combat Aircraft (MCA).
A livid Kapil Dev said he will not go to Mumbai and called the conflict of interest allegations against him and the CAC 'a publicity stunt'. In the complaint filed by Madhya Pradesh Cricket Association (MPCA) life member Sanjeev Gupta, it has been claimed that Kapil and Anshuman Gaekwad don multiple cricketing roles.
Persistent efforts by the Board of Control for Cricket in India and its full members to block implementation of some crucial recommendations of the Justice Rajendra Mal Lodha committee on Wednesday provoked the Supreme Court to observe that public functions relating to cricket can be taken over by the government with the enactment of a law in Parliament.
Who will win the BCCI media rights? Star or Sony?
The panel finds 'discrepancy' in the Annual Survey of Industries data.
Between 2011 and 2014, they indirectly determined the price of tyres in the market, says report
NCP president Sharad Pawar fuelled further speculation on getting back into cricket administration when he said that he may be "in some sports body in the future".
A major controversy was averted on Thursday when an angry chairman of selectors Sandeep Patil threatened to storm out of the Subrata Roy Sahara stadium in Pune before officials of the Maharashtra Cricket Association (MCA) intervened and persuaded him to stay back.
The Mumbai Cricket Association is likely to deliberate on the proposal received from a couple of its affiliated units to name the commentators' box at the Wankhede stadium after late Shiv Sena supremo Bal Thackeray.
The chairman of the national selection panel cited his inability to watch local matches as the reason for quitting.
Pune Warriors' head coach Allan Donald wants his players to 'help each other out' and create a 'relaxed environment' within the team in the upcoming Indian Premier League (IPL).
The international stadium in Pune will no longer be known as 'Subrata Roy Sahara stadium' after business conglomerate Sahara Group decided to withdraw the name in the wake of its dispute with the Maharashtra Cricket Association.
The amendment, notified by the Ministry of Corporate Affairs in the Companies (Issue of Indian Depository Receipts) Rules, have come into effect from October 1, as per a ministry notification.
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