Securities and Exchange Board of India(SEBI) had set up a working group on issues related to proxy advisors in 2018.The group was headed by Sandeep Parekh. Proxy adviser is a person who provides advice to institutional investors or shareholder of a company in relation to exercise of their rights in the company including recommendations on… Continue reading SEBI should handle proxy firms’ disputes’
Category: Daily Factly articles
Rajya Sabha clears changes to Insolvency Code
The Rajya Sabha has passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2019. The Bill amends the Insolvency and Bankruptcy Code,2016.The Code provides a time-bound process for resolving insolvency in companies and among individuals.Insolvency is a situation where individuals or companies are unable to repay their outstanding debt. The bill provides that the resolution process… Continue reading Rajya Sabha clears changes to Insolvency Code
Uttarakhand: Himalayan Conclave being held in Mussoorie
A Himalayan Conclave was held in Mussoorie,Uttarakhand.The objective of the conclave was to discuss various issues related to the development of Himalayan States. The conclave was organized by the government of Uttarakhand with Integrated Mountain Initiative(IMI) as its knowledge partner.The chief guest of conclave was Union Finance minister. The main agenda for the conclave was… Continue reading Uttarakhand: Himalayan Conclave being held in Mussoorie
WHO says Bangladesh, Bhutan, Nepal & Thailand achieve Hepatitis B control
According to World Health Organization(WHO) report on World Hepatitis Day on July 28,it has found that viral hepatitis kills 4 lakh people every year. The report has said that investing $6bn per year in eliminating hepatitis in 67 low and middle-income countries would avert 4.5 million premature deaths by 2030. The report has also said… Continue reading WHO says Bangladesh, Bhutan, Nepal & Thailand achieve Hepatitis B control
Army’s first Integrated Battle Groups to be structured by end of next month
According to a report,Integrated Battle Groups(IBGs) which the Army plans to create as part of overall force transformation is close to implementation. Integrated Battle Groups(IBGs) are brigade-sized, agile, self-sufficient combat formations which can swiftly launch strikes against adversary in case of hostilities. Each IBG would be tailor-made based on Threat, Terrain and Task and resources… Continue reading Army’s first Integrated Battle Groups to be structured by end of next month
Govt panel says foreign firms need not mirror personal data in India
Recently,a high-level government panel has decided to do away with the need for foreign firms to store a copy of all personal data within India. But the panel has said that all critical personal data must still be stored and processed in the country. Further,the panel has decided to hold further discussions with all stakeholders… Continue reading Govt panel says foreign firms need not mirror personal data in India
India must convince industry of RCEP’s benefits: Australia
Australian High Commissioner to India has said that Indian government must convince the industry of Regional Comprehensive Economic Partnership(RCEP) benefits. Recently,Indian Commerce minister had met industry bodies to review issues that India would need to keep in mind when continuing deliberations on the RCEP in China. The associations had said that industries are apprehensive of… Continue reading India must convince industry of RCEP’s benefits: Australia
Conflicting views pervade BRICS Ministers’ meeting
The two-day BRICS foreign ministers was held in Rio de Janeiro,Brazil. This meeting was held in preparation for the 11th BRICS summit in November,2019. During the meeting,the foreign ministers called on all States to prevent the financing of terrorist networks and terrorist actions from their territories. BRICS nations also said that a comprehensive approach is… Continue reading Conflicting views pervade BRICS Ministers’ meeting
Dr Jitendra Singh reviews status of implementation of various projects under MDoNER
Ministry of Development of North Eastern Region(MDoNER) has announced that Assam will become the first state to have first-ever Bamboo Industrial Park in the northeast. This industrial park will be set up in Manderdisa in Assam’s Dima Hasao district.This project is set to be completed by March 2021. Further,the central government has also planned to… Continue reading Dr Jitendra Singh reviews status of implementation of various projects under MDoNER
Rural ministry to focus on 3-5 lakh women SHGs to scale up enterprises
Ministry of Rural Development(MoRD) has decided to focus on select 3-5 lakh women Self Help Groups(SHGs) with a view to convert their nano enterprises into micro enterprises. This Initiative is taken up as part of Aajeevika-National Rural Livelihood Mission(NRLM). The NRLM mission aims to organize the rural poor women into SHGs and continuously nurture and… Continue reading Rural ministry to focus on 3-5 lakh women SHGs to scale up enterprises
