Regulation

Insurance brokers Aon and Willis drop $30 bn merger move, Aon to pay $1 billion termination fee to Willis

International News       Jul 25, 2021

  DUBLIN, July 26: Aon plc and Willis Towers Watson announced today that the firms have agreed to terminate their proposed $30 billion merger proposal and end litigation with the U.S. Department of Justice (DOJ). In connection with the termination of the business combination agreement, Aon...

About 620 products see price reduction after trade margin regulation on critical medical devices

Indian News       Jul 24, 2021

  Around 620 brands have witnessed reduction in prices so far with the government capping trade margins on five critical medical devices such as pulse oximeter and digital thermometer, used extensively in the treatment and prevention of Covid-19, at 70 per cent with effect from July...

Govt changes rules related to incorporation of companies

Indian News       Jul 24, 2021

  New Delhi: The government has amended the rules pertaining to incorporation of companies under the Companies Act, 2013 and the changes will come into effect from September 1. The corporate affairs ministry, which is implementing the Companies Act, 2013, has amended the Companies (Incorporation) Rules,...

RBI eyeing 'phased introduction' of digital currency: Deputy Governor

Indian News       Jul 22, 2021

  Mumbai: The Reserve Bank is working on a phased implementation strategy for its own digital currency and is in the process of launching it in wholesale and retail segments in the near future, RBI Deputy Governor T Rabi Sankar said on Thursday. He said the...

CAG pulls up Assam govt on pension scheme for families of deceased staff

Indian News       Jul 18, 2021

  Guwahati: The Comptroller and Auditor General of India (CAG) has asked the Assam government to review the Compassionate Family Pension (CFP) scheme as it not only defies legal principles but also has put an estimated additional financial burden of Rs 156.91 crore per annum on...

M Venkaiah Naidu,Vice President

Vice prez stresses on importance of enforcing ''polluter pays'' principle

Indian News       Jul 16, 2021

  New Delhi: Vice President M Venkaiah Naidu on Friday stressed on the need to act against those violating environmental laws and underlined the importance of enforcing the principle of "polluter pays". He also said that everyone must become a warrior in the movement to protect...

Assam private hospitals directed no COVID-19 patient be refused admission for having health insurance

Indian News       Jul 15, 2021

 Guwahati : The Assam government Thursday ordered all private hospitals and nursing homes not to deny admission to COVID-19 patients having health insurance coverage. The Health and Family Welfare Department said that it has received reports of some private hospitals refusing admission to COVID-19 patients...

FACTBOX-How Big Tech is faring against U.S. lawsuits and probes

International News       Jul 15, 2021

  Big Tech platforms Alphabet Inc's Google and Facebook were hit with a series of antitrust lawsuits by the U.S. federal government and states on charges they are operating monopolies and abusing their power. Below is the status of the cases, as well as government probes...

India bans Mastercard from issuing new cards in data storage row

Indian News       Jul 14, 2021

  MUMBAI: The Reserve Bank of India (RBI) on Wednesday indefinitely barred Mastercard Inc (MA.N) from issuing new debit or credit cards to domestic customers for violating data storage rules, dealing a blow to the U.S. company in a key market. In a notification, the RBI...

India accounted for highest number of govt requests for account info in Jul-Dec 2020: Twitter

Indian News       Jul 14, 2021

  New Delhi: India was the single largest source of government requests for account information that Twitter received during the July-December 2020 period, accounting for 25 per cent of the global volume, the microblogging platform said on Wednesday. This is the first time since Twitter started...

1 2 3 4