Daily Updates
www.onlinelawsolutions.com
Daily Updates & News:
By: www.onlinelawsolutions.com
Subscribe our updates on tax/law: Click Here
Updates on Whats App: Now get instant updates (in brief) on whats app. To subscribe, message us at +91-9918437886 (number will not be made public).
SEBI:
Sebi investigates 100 'mini-Sahara' schemes
The Securities and Exchange Board of India (Sebi) has issued orders in a number of deemed public offerings where investors were offered securities in the guise of private placement but were in fact public issues that did not follow the norms. A senior Sebi official said the number of such cases was on the rise. "We have passed over 100 orders by now. It has has been a difficult task," he said. Read more at:
Sebi board to lay down broad framework for 'GIFT' on Sunday
The Securities and Exchange Board of India (Sebi) in its quarterly board meeting on Sunday is likely to define a broad framework of liberalised regulations for financial institutions setting up shop at the Gujarat International Finance Tech (GIFT) City in Ahmedabad. Sources indicate that the Sebi board is also likely to exempt companies from provisions of the takeover code under the Sebi Act while converting debt to equity under corporate debt restructuring. Read more at:
RBI:
Basel-III is a reinforcement of Basel-II: RBI official
Basel-III norms -- which will come into effect from March 31, 2019 -- was basically a reinforcement of the existing Basel-II, according to an RBI official. "Basel-II norms will stay and not be discarded. It is a reinforcement of the existing Basel-II accords," R N Kar, regional director (east) of RBI said at a seminar here. Read more at:
RBI announces enhanced transparency disclosure requirements on sale of NPAs to Securitisation Cos.
Please refer to paragraph 6 of the circular DBOD.BP.BC.No.96/21.04.048/2002-03 dated April 23, 2003, wherein disclosure requirements relating to sale of nonperforming assets (NPAs) to SecuritisationCompanies(SCs)/Reconstruction Companies(RCs) have been specified. Read more at:
RBI wants to control both prices and debt market, but government refuses to oblige
For years, the relationship between North Block and Mint Street has been one of manageable mistrust. RBI governors used diplomacy, sense of humour, media support and skill in managing anticipations to preserve a balance. RBI's impeccable reputation as an institution — after all, it's not easy to attack an institution that's widely perceived to be honest — helped. Added to this in recent years was a fulcrum of power: as chief economic advisor. Read more at:
India's forex reserves fall on US rate hike fear
India's foreign exchange reserves dipped by a tad over $2 billion in the week ending March 13 after Reserve Bank of India intervened to sell the US greenback during the week to prevent a sharp depreciation of the rupee amid concerns over the rate hike stance by the Federal Reserve.The reserves stood at $335.730 billion at the end of the week. This is the second consecutive weekly fall in reserves, after the central bank amassed $16 billion in a five week period between January 24 and February 27. Read more at:
Business:
Action rises in online food ordering
Hardly a category till a couple of years earlier, the online food ordering space is emerging as a next battlefield in e-commerce with millions of dollars pumping into the segment. Dearth of adequate time to go out and dine, owing to urban lifestyles, seems to be fuelling growth of the segment. Food panda (with its acquisitions of Tasty Khana and Just Eat) is already an aggressive player in the Indian market. The space is set to witness greater action with Zomato making a foray next week. Read more at:
Economy & News:
WTO deal: US comes up with new proposal on food stockpiling
The US has come up with a new WTO proposal to find a permanent solution to food stockpiling after the earlier one was contested by the so-called Group of 33 countries, including India. In the second dedicated session this year to clinch a deal to the factious issue of food stockpiling, the Geneva-based World Trade Organisation (WTO) saw the G-33 rejecting a proposal by the US which comprises three main elements. Read more at:
Empanelment:
New:
Delhi Tourism and Transportation Development Corporation Limited
Internal Audit : Last Date : Mar 25, 2015
New Delhi Palika Parishad Samaj Kalyan Samiti
Annual Return : Last Date : Mar 25, 2015
Bihar State Tourism Development Corporation
Internal Audit : Last Date : Mar 26, 2015
Maharashtra State Warehousing Corporation
Project Report : Last Date : Mar 26, 2015
Sarva Shiksha Abhiyan Authority - Mohali Punjab
Statutory Audit : Last Date : Mar 27, 2015
Accounting : Last Date : Mar 27, 2015
District Rural Development Agency - Angul Orissa
Statutory Audit : Last Date : Mar 29, 2015
Odisha Livelihoods Mission - Nayagarh Orissa
External Audit : Last Date : Mar 30, 2015
District Rural Development Agency - Puri Orissa
External Audit : Last Date : Mar 30, 2015
Sher-e-kashmir University of Agricultural Sciences & Technology
Audit of Accounts : Last Date : Mar 31, 2015
Internal Audit : Last Date : Apr 04, 2015
Hemwati Nandan Bahuguna Garhwal University
Annual Statements : Last Date : Apr 04, 2015
Shipping Corporation of India Limited
Statutory Certification : Last Date : Apr 06, 2015
National Health Mission -Guwahati Assam
Concurrent Audit : Last Date : Apr 08, 2015
Urban Administration and Development - Bhopal Madhya Pradesh
Consultancy : Last Date : Apr 16, 2015
Reminders:
Bihar Rural Roads Development Agency
Statutory audit : Last Date : Mar 23, 2015
Punjab State Board of Technical Education and Industrial Training
Last Date : Mar 24, 2015
National Health Mission - Chandigarh Punjab
Statutory audit : Last Date : Mar 24, 2015
Dakshin Haryana Bijli Vitran Nigam
Limited
Consultancy : Last Date : Mar 25, 2015
District Health and Family Welfare Society - Jhajjar Haryana
SKS Audit : Last Date : Mar 25, 2015
General Insurance Corporation of
India
Internal Audit of London Branch : Last Date : Mar 27, 2015
Jharkhand Rural Health Mission Society
Statutory Audit :Last Date : Apr 02, 2015
OTHER LINKS (CLICK TO FOLLOW):
WHATS APP: Now get instant updates (in brief) on whats app. To subscribe, message us at +91-9918437886 (number will not be made public).
SUBSCRIBE OUR UPDATES: To subscribe Click Here
ARTICLES/WRITE-UPs: Send your articles/write ups on relevant topics at arti...@onlinelawsolutions.com
QUERY: For any query regarding updates or tax/law, do mail us at qu...@onlinelawsolutions.com
UNSUBSCRIBE/DUPLICATE MAILS: Forward this mail at upd...@onlinelawsolutions.com with relevant subject.
FOR JOB: For job in different companies/offices, mail us at car...@onlinelawsolutions.com
FOR ARTICLESHIP/TRANING: For articleship/training in different companies/offices, mail us at trai...@onlinelawsolutions.com
JOIN OUR TEAM: Join our team by sending a mail at asso...@onlinelawsolutions.com
REACH EDITOR: Reach editor at edi...@onlinelawsolutions.com
INFORMATION: For any information, do mail us at in...@onlinelawsolutions.com
Thanks & Regards
Team
Information Department
Disclaimer: This e-mail is confidential and for
the purpose of knowledge sharing among the professionals and shall not be
treated as solicitation in any manner or for any other purpose whatsoever. It
may also be legally privileged. If you are not the addressee you may not copy,
forward, disclose or use any part of it. If you have received this message in
error, please delete it and all copies from your system and notify the sender
immediately by return e-mail. Internet communications cannot be guaranteed to
be timely, secure, error or virus-free. The sender does not accept liability
for any errors or omissions. You are kindly requested to verify & confirm
the updates from the genuine sources before acting on any of the information's
provided here above. Thanks.