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Business News

Business NewsNews

Company Law Institute’s Law Reports and publications now part of the EBC Group

It will include Income Tax Reports (ITR), Company Cases (Comp Cas), Goods and Service Tax Reports (GSTR), Income Tax Reports (Trib), VAT and Service Tax Cases (VST), Sales Tax Cases (STC) and others.

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Published on September 28, 2023October 6, 2023By Ridhi
3 Comments3126 views
Business NewsNews

Court of Additional Judicial Commissioner, Ranchi designated as Special Court under Companies Act

Central Government designates the Court of Additional Judicial Commissioner, Ranchi in the State of Jharkhand as a Special Court for the purposes

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Published on May 10, 2022May 10, 2022By Bhumika Indulia
1 Comment2468 views
SEBI
Business NewsNews

SEBI issues over Rs 2 Crores demand notice to Anand Subramanian: Know the Reason

Mr Anand Subramanian had been asked to pay a sum of Rs 2,04,87,575 (Rupees Two Crore Four Lakh Eighty-Seven Thousand Five Hundred

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Published on April 28, 2022August 30, 2023By Bhumika Indulia
1 Comment2542 views
Business NewsHot Off The PressNews

Borrowers with exposure of Rs 5 crores and above have to obtain Legal Entity Identifier? Know what RBI says

The guidelines on LEI stand extended to Primary (Urban) Co-operative Banks (UCBs) and Non-Banking Financial Companies (NBFCs). The non-individual borrowers enjoying aggregate

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Published on April 22, 2022April 22, 2022By Bhumika Indulia
1 Comment5297 views
Business NewsNews

Mergers & Acquisitions (M&A) | CCI gives approval for acquisition of shareholding in HDFC Ergo General Insurance Co. Ltd. by HDFC Bank Ltd.

Acquisition approval by Competition Commission of India  The Competition Commission of India (CCI) approves acquisition by HDFC Bank Limited (Acquirer) of shareholding

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Published on October 27, 2021October 26, 2021By Bhumika Indulia
1 Comment4844 views
rbi
Business NewsNews

RBI | Primary (Urban) Co-operative Banks shall not provide or renew director-related loans

The Banking Regulation Act, 1949 has been amended by the Banking Regulation (Amendment) Act, 2020 notified for the Primary (Urban) Co-operative Banks

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Published on February 8, 2021August 30, 2023By Bhumika Indulia
3 Comments8434 views
Business NewsHot Off The PressNewsTaxation

Union Budget 2021-22 | Proposals established on 6 Pillars; Tax Relief for Senior Citizens above 75 years of age [Read the live Updates]

Finance Minister, Nirmala Sitharaman presented the Union budget 2021-22 in the Parliament Today. 6 Pillars: Health and Well-Being Physical and Financial capital

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Published on February 1, 2021February 1, 2021By Bhumika Indulia
5 Comments4181 views
Business NewsNews

RBI | Withdrawal of circulars – on Recovery of excess pension made to pensioners

It has been brought to the notice of RBI that the recovery of excess /wrong pension payments from the pensioners are being

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Published on January 21, 2021January 21, 2021By Bhumika Indulia
Leave a comment3778 views
Business NewsHot Off The PressNews

RBI introduces Legal Entity Identifier for Large Value Transactions in Centralised Payment Systems

Legal Entity Identifier The Legal Entity Identifier (LEI) is a 20-digit number used to uniquely identify parties to financial transactions worldwide. It

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Published on January 8, 2021January 8, 2021By Bhumika Indulia
Leave a comment3241 views
Business NewsHot Off The PressNews

SEBI issues operational guidelines for Transfer and Dematerialization of re-lodged physical shares

SEBI has fixed March 31, 2021, as the cut-off date for re-lodgment of transfer requests and has stipulated that such transferred shares

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Published on December 9, 2020December 9, 2020By Bhumika Indulia
Leave a comment4787 views
Business NewsNews

Lakshmi Vilas Bank: RBI announces Draft Scheme of Amalgamation

The Reserve Bank of India has placed in the public domain a draft scheme of amalgamation of The Lakshmi Vilas Bank Ltd. (LVB)

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Published on November 18, 2020November 18, 2020By Bhumika Indulia
1 Comment3361 views
Business NewsNews

[Moratorium] Central Government places Lakshmi Vilas Bank under Moratorium for 30-days in the absence of a credible revival plan

BACKGROUND The financial position of The Lakshmi Vilas Bank Ltd. (the bank) has undergone a steady decline with the bank incurring continuous

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Published on November 18, 2020November 18, 2020By Bhumika Indulia
Leave a comment2860 views
Business NewsNews

RBI announces Co-Lending by Banks and NBFCs to Priority Sector

Co-Lending Model “Co-Lending Model” (CLM), is to improve the flow of credit to the unserved and underserved sector of the economy and

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Published on November 12, 2020November 12, 2020By Bhumika Indulia
3 Comments3880 views
Business NewsNews

SEBI introduces “Flexi Cap Fund” as a new category under Equity Schemes

In order to give more flexibility to the mutual funds and taking into account the recommendations of Mutual Fund Advisory Committee (MFAC),

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Published on November 11, 2020November 11, 2020By Bhumika Indulia
Leave a comment3616 views
Business NewsNews

EBC matches donation amount to IDIA, received from sale of book – An Idea of a Law School, Ideas from the Law School

Nilufer Bhateja, Editorial Assistant has put this story together

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Published on September 3, 2020October 6, 2023By Editor
Leave a comment3645 views
Business NewsNewsTreaties/Conventions/International Agreements

CBIC & CBDT sign MoU to facilitate smoother bilateral exchange of data

A Memorandum of Understanding (MoU) was signed between the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and

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Published on July 21, 2020July 21, 2020By Bhumika Indulia
Leave a comment2989 views
Business NewsNews

Jio-Facebook Deal | CCI approves acquisition of 9.99% stake in Jio Platforms by Facebooks’ subsidiary Jaadhu Holdings LLC

CCI approves acquisition of 9.99% stake in Jio Platforms by Facebooks’ subsidiary Jaadhu Holdings LLC The Competition Commission of India (CCI) approves

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Published on June 25, 2020June 25, 2020By Bhumika Indulia
1 Comment2768 views
Business NewsHot Off The PressNews

BREAKING | Decoding of Rs 20 Lakh Crore Economic Package| New Definition of MSMEs; Tax filing due date extended to 30th November, 2020

Background: Amidst the Corona crisis, PM announced  a special economic package with a new resolution. This economic package will serve as an

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Published on May 13, 2020May 13, 2020By Bhumika Indulia
1 Comment4054 views
Business NewsHot Off The PressNews

CMC Webinar Series | Excited to be the Legal Outreach Partners!

Centre for Mediation and Conciliation CMC WEBINAR REBUILDING SPACES  Expert Discussion on Way Forward for Construction, Real Estate & Infrastructure Moderator Sumit

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Published on April 24, 2020April 24, 2020By Bhumika Indulia
Leave a comment3138 views
Business NewsNewsNotifications

RBI permits greater space to State Governments/ UTs for availing overdraft facilities

In order to provide greater flexibility to the State Governments to tide over their cashflow mismatches, RBI, on a review, has decided

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Published on April 9, 2020April 9, 2020By Bhumika Indulia
Leave a comment2215 views

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