The Reserve Bank while announcing reforms has retained its key short-term lending rate to curb the rise in inflation, and stabilise the general economic environment.Even though it retained the repo...
The Reserve Bank of India extended a scheme whereby stressed MSME borrowers will become eligible for restructuring their debt, provided their accounts with lenders were classified as ‘standard’ as on...
Confidentiality clubs have become the new norm in litigation/legal proceedings across the world, be it in the field of tech-licenses, trade secrets, data protection, arbitration involving business...
While the concept of an audit committee is not new in India, the role of the audit committee has seen gradual evolution and enhancement...As per Ramaiya's Guide to Companies Act (17th edition, 2011;...
"Cartels, leniency, abuse of dominance and more…"The automobile and auto-components sectors are no strangers to antitrust laws. The automotive inputs sector has been investigated across the largest...
Badrinath Durvasula has joined Essar as its Sr. Vice President & Head Legal in Mumbai. He took over the role with effect from June 1, 2020. He would be handling the corporate function, including...
The Reserve Bank of India (RBI) has decided to provide a special window under its ‘prudential framework for resolution of stressed assets’ for Covid-related stress, wherein lenders can implement a...
The Reserve Bank of India has once again turned its attention to meeting the funding requirements of NBFCs, MFIs and housing finance by providing additional special liquidity facility of Rs. 10,000...
Hitting back on Cyrus Mistry’s allegations, Ratan Tata, Chairman Emeritus of Tata Sons, has said in the Supreme Court that Mistry has created a smokescreen of oppression and mismanagement.In his...
The Central Government has extended the term of Ajay Tyagi as the Chairman of the Securities and Exchange Board of India (SEBI) by 18 months till February 2022.Tyagi’s term was due to end on August...
Quashing the July 16 order directing private schools not to charge any kind of fees during the Covid-19-induced lockdown, the Gujarat High Court on August 5 asked the government that “if teaching was...
The Supreme Court on August 5 decided to refer, to the Constitution Bench, the petitions challenging the provision for 10% reservations in jobs and education to the Economically Weaker Sections...
