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Archive: 24 March 2017

Posts in 24 March 2017

Unclaimed Deposits in Banks and Insurance Companies

March 24, 2017 1683 Views 1 comment Print

(i) All insurers are required to display the information about any unclaimed amount above Rupees 1000/- of Policyholders in their respective web-site. (ii) A facility shall be given in the web-site of the insurer to enable Policyholders / or its dependents to find out whether any unclaimed amounts due to them are lying with the insurer.

Using digital technology to accelerate business growth

March 24, 2017 474 Views 0 comment Print

In India, adoption of advanced business digital technologies can lead to increase in revenues by up to 27%, increase in employment by up to 84% and enhanced access to international markets by up to 65% for small and medium business (SMBs), according to ASSOCHAM-Deloitte joint study.

CCI order against CIL and subsidiaries for abusing dominant position

March 24, 2017 1353 Views 0 comment Print

Competition Commission of India (CCI) has found Coal India Limited (CIL) and its subsidiaries to be in contravention of the provisions of Section 4(2)(a)(i) of the Competition Act, 2002 for imposing unfair/ discriminatory conditions in Fuel Supply Agreements (FSAs) with the power producers for supply of non-coking coal.

Malayalam Movie Artist Association & others violated Competition Law

March 24, 2017 1047 Views 0 comment Print

CCI finds the conduct and practice of Association of Malayalam Movie Artists (AMMA), Film Employees Federation of Kerala (FEFKA), FEFKA Director’s Union, FEFKA Production Executive’s Union and their five Office Bearers to be in contravention of the Competition Law. The Informant, T. G. Vinayakumar, a movie director, had approached CCI alleging anti-competitive conduct by the […]

Notification No. 10/2017-Customs (ADD), Dated: 24.03.2017

March 24, 2017 1194 Views 0 comment Print

Seeks to order provisional assessment on imports of 1,1,1,2-Tetrafluoroethane or R-134a, originating in or exported from People’s Republic of China by M/s. Zhejiang Sanmei Chemical Ind. Co., Ltd.

Anti-dumping duty on imports of Indolinone from China

March 24, 2017 909 Views 0 comment Print

Seeks to impose anti-dumping duty on the imports of Indolinone originating in or exported from the People’s Republic of China up to and inclusive of 20th November, 2019.

SEBI bars ‘Reliance Industries’ from accessing equity market

March 24, 2017 1500 Views 1 comment Print

Going by the facts narrated by Noticee No. 1, liquidation of 5 % stake was decided. The same had to be done in an orderly manner. There was no outer time fixed for liquidation. Being guided by the analysts reports and the price trends of the scrip, Noticee No. 1 decided to start the sale in November 2007.

No Reopening of Assessment on the basis of mere Audit Objection: SC

March 24, 2017 8565 Views 0 comment Print

The present appeal has been filed against the final judgment and order dated 17.11.2006 passed by the Division Bench of the High Court of Jharkhand at Ranchi in W.P. (T) No. 2630 of 2006 whereby the High Court dismissed the petition filed by M/s Larsen & Toubro Ltd.-the appellant –Company while upholding the order dated 27.02.2006 passed by the Deputy Commissioner

Aadhaar Seeding Services by EPFO offices for KYC Seeding

March 24, 2017 1821 Views 0 comment Print

In pursuance to the policy of the Government of India, of optimum use of information technology for efficient service delivery and widening the reach of EPF benefits, appropriate guidelines have been issued from this once for installation and operatonalisation of proper infrastructure in the field offices of ERR) to help and facilitate our

An Analysis of Properties and Sources of Divergence

March 24, 2017 657 Views 0 comment Print

A key feature of the inflationary process during 2015-16 was the large divergence in the Consumer Price Index (CPI) and Wholesale Price Index (WPI) inflation.

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