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INDIA BUSINESS WORLD - FEBRUARY 1st - FEBRUARY 15th
- 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
HDFC SLASHES PRIME LENDING RATE (PLR) BY 25 BPS HDFC has cut its prime lending rate (PLR) by 25 basis points—the first reduction in its benchmark rate in four-and-a-half years.... More....
ELECTION COMMISSION NOTICE TO AMAR ON OFFICE OF PROFITThe Election Commission has served a fresh notice on Samajwadi Party general secretary Amar Singh in the office of profit case.....More....
RNRL-RIL CASE DIDN’T COME UP FOR HEARINGThe Bombay High Court did not hear the petitions on the simmering gas supply dispute between RIL and RNRL as chief justice Swatanter Kumar went on leave.....More....
RLYS MOVE SC AGAINST WB ORDER TO PAY DUTYThe Supreme Court has decided to examine whether states can impose sales tax on goods used by Indian Railways for repairing locomotives and wagons, after the central agency challenged a decision of West Bengal government in this regard.....More....
HOW CAN YOU RELEASE PRISONERS EN MASSE, SC ASKS AP GOVTDeprecating Andhra Pradesh government’s order on en masse release of the prisoners, including life convicts, the Supreme Court said it will examine the legality of the order...More....
SANCTION NOT NEEDED TO CHECK OFFICIAL’S ACTS: SCThe Supreme Court has ruled that it is the act which requires examination and not the duty of the public servants for obtaining prior sanction of the concerned authority before their prosecution....More....
SC NOTICE TO CENTRE, INDIAN ON DISMISSAL OF STAFF OVER MOUSTACHE How can a person with a moustache be removed, a surprised Supreme Court has asked....More....
HC MAY’VE TO SETTLE RNRL-RIL DISPUTEThe legal battle on the simmering gas supply dispute between Reliance Industries and Reliance Natural Resources is likely to continue in the Mumbai high court as both the camps were not able to reach....More....
SC DISMISSES ’93 MUMBAI BLASTS CONVICTS’ BAIL PLEAThe Supreme Court has rejected the bail plea of Rubina Suleiman Memon and three other convicts sentenced to life imprisonment in the 1993 Mumbai serial blasts case....More....
PAPPU YADAV GETS LIFE TERM IN AJIT SARKAR MURDER CASEThe denouement to the much publicised Ajit Sarkar murder case finally unfolded when the special CBI court held the controversial RJD MP from Madhepura, Rajesh Ranjan alias Pappu Yadav.......More....
PORT DEMURRAGE CHARGE CASE WITH LARGER SC BENCHDisagreeing with its earlier ruling that demurrage charges have to be collected by the Port Trust only from the consignee and not the steamer agent, the Supreme Court has referred the issue to a larger bench......More....
LAW COMMISSION SUBMITS REPORT ON SUCCESSION ACTThe Law Commission of India submitted its 204th Report on the Hindu Succession Act, 1956 to the Government......More....
MATERNITY BENEFIT ACT, 1961 TO BE AMENDEDThe Union Cabinet today approved a proposal for introduction of a Bill in the Parliament for amending the Maternity Benefit Act, 1961......More....
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