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INDIA BUSINESS WORLD - JANUARY 16th - JANUARY 31st - 2008

The Month that was ...

News & important developments from the most prospective of the New World markets... India. Our effort is to provide you with the latest and relevant developments that take place in the Indian business, economic and legal environment.

ECONOMIC & LEGAL NEWS


SUPREME COURT DISMISSES PETITION ON UNIFORM RULES FOR HIGH COURTS UNDER RTI The Supreme Court has dismissed a petition seeking directions to frame uniform rules for all the High Courts in the country to provide information to the public under the Right to Information Act (RTI), 2005.... More....

SUPREME COURT GRANTS CENTRE EIGHT WEEKS ON CHRISTIAN, MUSLIM DALIT QUOTA The National Commission for Scheduled Castes has recommended reservation for the Christian and Muslim dalits in proportion to the percentage of their population in the country, the Supreme Court was informed.... More....

GOVERNMENT PERMITS MERGER OF 50% DA WITH BASIC PAY FOR CPSE EMPLOYEES Consequent to the recommendations of the 2nd Pay Revision Committee headed by Justice M. Jagannadha Rao for executives of Central Public Sector Enterprises (CPSEs), the Government has permitted merger of 50% of Dearness Allowance with Basic Pay to the employees of CPSEs following 1997 IDA pattern of scales of pay.... More....

SUPREME COURT ASKS FIRST FLIGHT COURIERS TO DEPOSIT RS 15 LAKH The Supreme Court has asked First Flight Couriers to deposit Rs 15 lakh within two months as a condition to defend a suit against it.... More....

3 BSP MPS DISQUALIFIED UNDER ANTI-DEFECTION LAW In an order that could have far-reaching implications, Lok Sabha Speaker Somnath Chatterjee has disqualified three BSP members from Uttar Pradesh - Bhalchandra Yadav, Ramakant Yadav and Mohammad Shahid Akhlaque - for having defected to the Samajwadi Party, and declared their seats in the House vacant.... More....

SUPREME COURT GIVES CENTRE 2 WEEKS TO FILE SETHUSAMUDRAM AFFIDAVIT The Supreme Court has given the Centre two weeks time to file a comprehensive affidavit giving details of the latest status of dredging activities going on to complete the Sethusamudram project. More....

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