The latest ruling by the Registrar of Companies (RoC) in the LinkedIn Technology Information case for violating significant beneficial ownership (SBO) norms has brought the amended rules into the spotlight. Experts suggest that more entities, particularly multinational companies (MNCs), are expected to face greater scrutiny. "Companies are closely watching this space.
There has been a decline of four points in male U5MR and three points in female U5MR during the corresponding period.
The corporate affairs ministry has asked its field officers to expedite the inspection of the books of Byju's and submit the report, a senior official said on Monday as trouble continues to brew at the edtech firm. The ministry, which is implementing the companies law, will decide the further course of action after receiving the report from its regional office. In July 2023, the ministry had asked the office of the regional director in Hyderabad to conduct an inspection of the company Think & Learn Pvt Ltd, which is registered in Bengaluru.
The government also took note of pending cases in various high courts and said that 1.66 lakh cases relating to sexual assaults were pending across the country at several stages.
Shah also said the Census 2021 data will be collected through mobile app.
The team also visited Tizit Police Station to meet the cross section of the society including civilians, police personnel and doctors who treated the injured for obtaining valuable information, he said.
The Uttarakhand assembly on Wednesday passed the Uniform Civil Code Bill, which may serve as a template for other Bharatiya Janata Party-run states to enact similar legislation.
Food delivery major Swiggy has received approval from its shareholders for a $1.25 billion initial public offering (IPO), according to filings made with the Registrar of Companies sourced by Tofler. The Bengaluru-based firm plans to raise as much as Rs 3,750 crore (around $450 million) via a fresh issue and up to Rs 6,664 crore (around $800 million) through an offer-for-sale (OFS) component, the filings stated.
A Delhi court on Monday allowed the custodial interrogation of two Jawaharlal Nehru University students, Umar Khalid and Anirban Bhattacharya, arrested in a sedition case, by one more day.
The court extended the police custody of the duo, who had allegedly organised a controversial event at the Jawaharlal Nehru University on February 9 where anti-India slogans were said to have been raised, after police contended that they were required for further probe in the case.
The Centre on Tuesday said it was discussing with state governments the preparations for updating the National Population Register from April 1 to September 30. Union Minister of State for Home Nityanand Rai said in the Lok Sabha that no document will be collected during the exercise, which will be carried out along with the house-listing phase of Census 2021.
Jharkhand Mukti Morcha leader Hemant Soren, who had to step down as Jharkhand chief minister in the face of his imminent arrest, on Thursday accused the Enforcement Directorate of arresting him as part of a 'well-orchestrated conspiracy' by the Centre ahead of the Lok Sabha elections due months from now.
Muslim population in India has grown by 24 per cent between 2001 and 2011 against national average of 18 per cent with the community's representation rising to 14.2 per cent from 13.4 percent of total population.
Although the Disaster Management Act for Covid containment measures, considered a hindrance in conducting the census, was withdrawn in March this year the Centre has not taken any further action on conducting the much-delayed population enumeration.
Coming Wednesday, Finance Minister (FM) Nirmala Sitharaman will present the 2023 Union Budget - the last full Budget ahead of the 2024 Lok Sabha elections. While India exited 2022 as a relatively bright spot in the global economy, the FM will endeavour to present a Budget that insulates India's economy against global headwinds and recession in advanced economies, while sticking to the path of fiscal consolidation. In this, she is being helped by her core team of trusted advisors.
The Telangana high court had directed authorities to conduct a second post-mortem on the bodies of the four accused.
A five-judge Constitution bench headed by Chief Justice D Y Chandrachud, which was hearing an application filed by the Election Commission (EC) seeking a modification of the operative portion of its March 11 order in the electoral bonds case, directed its registrar (judicial) to ensure that the data filed earlier by the poll panel before it in a sealed cover be scanned and digitised.
'This updated NPR database along with Aadhaar Number would become the mother database and can be used by various government departments...' the home ministry declared in July 2015. 'UID/Aadhaar has been used as a fish bait to ensnare and entrap present and future generations of citizens,' warns Gopal Krishna.
The data profiles the country's rural households.
'The Punjab police was taking the prime minister by road for 100 km for the first time, maybe in the last many years.' 'But the SPG keeps travelling with the prime minister every second-third day outside Delhi.' 'They are better aware of the drill; they understand the PM's security parameters better than the Punjab police.' 'They could have refused even if the clearance was given by the Punjab police.'
Acting on the Supreme Court's order, the Army has begun the process of taking over the possession of the scam-tainted Adarsh building at Colaba in South Mumbai.
Their downside is that the donor relinquishes all control over the transferred property, and certain tax implications may also arise.
Complaints against Prateek Hajela on such issues were raised earlier by others also.
The shift to a shorter T+3 settlement cycle for initial public offerings (IPOs) will be a big test of the domestic market structure, requiring players in the ecosystem to work harder to meet the squeezed timelines, according to industry insiders. The Securities and Exchange Board of India (Sebi), has announced that the transition to the T+3 cycle will be voluntary starting next month and mandatory from December 1. The new mechanism will necessitate quicker confirmations from banks and speedy verification of permanent account numbers (PANs) for all applicants.
Among index funds, the most popular products are funds tracking the Nifty 50 and Sensex, says Dwaipayan Bose, and explains the finer points of selecting the right index mutual fund.
A bench directed that only hard copies of supplementary list of inclusions would be published at the NRC seva centers, circle offices and offices of the district magistrates of the state.
Swift gains on Dalal Street this year have also led to a sharp surge in shares of equity market intermediaries like depositories, exchanges, and registrar and transfer Agents (RTAs). The stock prices of BSE, CDSL, CAMS, and KFin Technologies are up 24-283 per cent so far in 2023 when compared to a 9 per cent rise in the benchmark Nifty index. With the market buoyancy expected to keep up the pace, analysts believe these stocks are a good long-term bet despite the sharp rally, which can trigger an intermittent correction.
It also directed the Centre to formulate standard operating procedure (SOP) to deal with claims and objections.
The Supreme Court on Monday took exception to making the Chief Justice of India one of the party respondents in a plea challenging the designation of lawyers as senior advocates.
Excerpted from Sahara: The Untold Story by Tamal Bandyopadhyay.
Whenever the Census operation resumes, it will capture the impact of Covid-19 to a large extent, including the extra-lethal second wave, reports Abhishek Waghmare.
The final NRC, unique to Assam, will be published on August 31.
As per the plans, the survey will be conducted to identify people of four communities -- Goria, Moria, Desi and Jolah of the tea tribes -- considered as indigenous.
Here is all you need to know about the National Population Register and worries over its links with NRC.
Security has been put on high alert across the nation as the Supreme Court of India is all set to deliver its verdict in the Ram Janambhoomi-Babri Masjid dispute, Sabarimala case and a host of other legal wrangles.
'In our country, there is a lot of checks and balances, the figures cannot go wrong.' 'Because they are being checked by not only the governments, but by doctors themselves.'
The Supreme Court on Monday stayed the ongoing inquiries by two separate panels of the Centre and the Punjab government into the security breach during Prime Minister Narendra Modi's recent visit to Punjab, and said that it will set up a committee headed by a former apex court judge to probe it.
Appellate tribunal NCLAT on Monday stayed the Rs 200 crore penalty imposed by the Competition Commission on Maruti Suzuki but directed the car maker to deposit 10 per cent of the total amount within three weeks. The amount has to be deposited with the Registrar of the National Company Law Appellate Tribunal (NCLAT). A three-member NCLAT bench stayed the demand notice issued on October 27 to the car maker, subject to the condition of depositing 10 per cent of the penalty amount.
The Supreme Court ordered on Monday that no invasive work would be undertaken by the Archaeological Survey of India (ASI) to determine if the Gyanvapi mosque located next to the Kashi Vishwanath temple in Varanasi was built upon a temple and agreed to hear a plea moved by the mosque committee during the day.
'A delay of two years has happened, but stretching it to 2024 is a bit too far.' 'And we do not know about 2024 also.'
