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The Reserve Bank of India (RBI) has granted “in-principle” approval to Shivalik Mercantile Co-operative Bank Limited (the applicant) for transition into a
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With a view to provide relief to the taxpayers and tax professionals and to facilitate the compliance with respect to e-Assessment proceedings
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The Competition Commission of India (CCI) approves acquisition of shares in My Home Industries Private Limited by My Home Constructions Private Limited
Continue readingIn order to bring about uniform processes across Asset Management Companies (AMCs) in respect of investments made in the name of a
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Introduction of a new type of semi-closed Prepaid Payment Instrument (PPI) – PPIs upto Rs 10,000 with loading only from bank account
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The Competition Commission of India (CCI) received the following three Green Channel combinations filed under sub-section (2) of Section 6 of the Competition
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Settlement of misclassification of workers & tax fraud dispute against Infosys As reported by PTI, “Infosys” has agreed to pay $800,000 (nearly
Continue readingIn order to facilitate smooth settlement of NEFT transactions in the accounts of the member banks maintained with the Reserve Bank in
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The Competition Commission of India (CCI) approves the acquisition of stake in Future Supply Chain Solutions Limited (Future Supply) by Nippon Express
Continue readingIt has been decided that the above facility shall be made available from December 16, 2019, with the first settlement taking place
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The Reserve Bank of India released on its website, “Guidelines for ‘on tap’ Licensing of Small Finance Banks in the Private Sector”.
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The Ministry of Corporate Affairs, with the objective of strengthening the institution of Independent Directors under the Companies Act, launched today the Independent
Continue readingThe Reserve Bank filed an application for initiation of corporate insolvency resolution process against Dewan Housing Finance Corporation Limited (DHFL) under Section
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Competition Commission of India (CCI) approves the acquisition by Amazon.com NV Investment Holdings LLC (“Acquirer”) in Future Coupons (Private) Limited (“FCL/Target”), under
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The Competition Commission of India (CCI) approves the acquisition of 4.94% shareholding in Suzuki Motor Corporation (SMC) by Toyota Motor Corporation (TMC)
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The Competition Commission of India (CCI) approves the secondary acquisition in Delhivery Private Limited (DPL) by SVF Doorbell (Cayman) Ltd. (SVFD), under
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The Competition Commission of India (CCI) approves the merger of the BNP Paribas (BNPP) Mutual Fund and the Baroda (BOB) Mutual Fund,
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The Competition Commission of India (CCI) approves the acquisition of shareholdings in Mumbai International Airport Limited (“MIAL”) by Adani Properties Private Limited
Continue readingConcept of Cross Margining According to “capitalmind.in”, the concept of cross-margining is that positions can now be offset between segments. The “cash” segment
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Registrar of Companies (ROCs) are in the process of “Identification and flagging of Disqualified Directors under S. 164(2)(a) of Companies Act, 2013” for their
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