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Govt approves FDI in multi-brand product retail trading subject to conditions

September 14, 2012 1150 Views 0 comment Print

The Cabinet has approved the proposal of the Department of Industrial Policy & Promotion for permitting FDI in multi-brand retail trading, subject to specified conditions.

Review of the policy of Foreign Investment in Companies Operating in the Broadcasting Sector

September 14, 2012 411 Views 0 comment Print

The Cabinet Committee on Economic Affairs has approved the proposal of the Department of Industrial Policy & Promotion for Review of the policy on Foreign Investment (FI) in companies operating in the Broadcasting Sector.

Govt approves foreign investment up to 49 percent, in Power Trading Exchanges

September 14, 2012 384 Views 0 comment Print

The Cabinet Committee on Economic Affairs has approved the proposal of the Department of Industrial Policy & Promotion for permitting foreign investment up to 49 percent, in Power Trading Exchanges.

FDI in Civil Aviation Sector – Foreign airlines permitted to make foreign investment, up to 49 percent

September 14, 2012 621 Views 0 comment Print

The Cabinet Committee on Economic Affairs has approved the proposal of the Department of Industrial Policy and Promotion for permitting foreign airlines to make foreign investment, up to 49 percent in scheduled and non-scheduled air transport services.

Do not respond to Mails asking for your Internet Banking Account Details

September 14, 2012 810 Views 0 comment Print

It has come to the notice of the Reserve Bank of India (RBI) that a fraudulent email has been sent and signed in its name as `Reserve Bank of India’. The mail has referred to provisions of Banking Regulation act, 1949 and Prevention of Money Laundering Rules, 2005

MCA to introduce refund process for unlinked incorrect NEFT payments

September 14, 2012 693 Views 0 comment Print

MCA is pleased to announce that a refund process will be introduced by 16th September, 2012 for the unlinked incorrect NEFT payments. Revised refund e-Form along with instruction kit will be available on the MCA21 portal. Users are requested to avail this facility.

CBI arrests Superintendent of Customs in bribery case

September 14, 2012 1880 Views 0 comment Print

CBI registered a case against a Superintendent of Customs, Postal Appraising Section, Videsh Dak Bhavan, Ballard Estate, Mumbai U/s 7 of the Prevention of Corruption Act, 1988 for demanding a bribe of Rs.3000/- from the complainant for allegedly reducing the invoice value of product i.e Tablet PC (Wacom Cintiq brand) which was purchased by the complainant through online shopping site from foreign country.

Diesel Price hiked by Rs 5 per litre; Subsidised LPG Cylinders restricted to 6 in a year

September 13, 2012 1034 Views 0 comment Print

Diesel Price Increased by Rs 5 per litre; Subsidised Domestic LPG Cylinders restricted to 6 in a year. No increase in PDS Kerosene and Petrol Prices

PCE/IPCE students applying for conversion to IPC not eligible to appear in PCE/IPCE November 2012 examination

September 12, 2012 1089 Views 0 comment Print

It is clarified for the information of all students concerned that such students who apply for conversion from existing PCE/IPCE to Intermediate (IPC) and commence articled training shall not be eligible to appear in PCE/IPCE examination to be held in November 2012 and even if they appear, no cognizance of their appearance in November 2012 examination will be taken and their results will accordingly be treated as cancelled.

Main reasons for non-compliance with Legal Provisions

September 11, 2012 5330 Views 0 comment Print

There have been several times in the last two decades when the ethical behavior of organisation has been the center of attention. This may be due to lack of knowledge on the issues related to compliance.

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