Government issues stricter delisting norms

October 2nd, 2009 NEW DELHI - The long standing row between the Indian Institutes of Technology (IITs) and the human resource development (HRD) ministry about autonomy and allied issues had been solved but within government norms, HRD Minister Kapil Sibal said Friday, adding tht there will be no change in the salary structure of the IIT faculty. On Gandhi Jayanti, I want to give good news to the nation.

October 2nd, 2009 NEW DELHI - There will be no increase in the salary of the protesting Indian Institutes of Technology (IITs) professors but many aspects of their row with the government was resolved after Human Resource Development (HRD) Minister Kapil Sibal Friday promised "flexibility" in promotions and fresh appointments. "On Gandhi Jayanti, I want to give a good news to the nation.

September 22nd, 2009 MUMBAI - The Securities and Exchange Board of India (SEBI) Tuesday revised its takeover norms, making it mandatory for holders of global depository receipts (GDR) or American depository shares (ADS) with voting rights to make an open offer if they acquired 15 percent shares of a public company. Under the existing SEBI takeover code, an entity or individual could not hold more than 15 percent shares in a listed company without making an open offer to acquire an additional 20 percent of that company's shares.

August 28th, 2009 Cyclacel Pharmaceuticals faces Nasdaq delistingBERKELEY HEIGHTS, N.J. — Cyclacel Pharmaceuticals Inc.

August 25th, 2009 UK court approves Thomson Reuters London delistingNEW YORK — Thomson Reuters Corp. said Tuesday that a UK court removed the last hurdle to pulling its shares from the London Stock Exchange and the Nasdaq.

August 5th, 2009 NEW DELHI - In an effort to keep abreast with international norms, hotels in India will adopt changes to become disabled friendly by next year, the tourism ministry said here Wednesday. The ministry has tried to address major concerns to make the classification norms of hotels friendlier for the differently abled persons by adopting the international best practices, said the ministry in a statement issued here.

July 15th, 2009 NEW DELHI - Very small dust particles that lodge inside the lungs were at a level above prescribed norms in residential areas of 86 out of 125 Indian cities last year, according to data collected by the government. Called Respirable Suspended Particulate Matter (RSPM), these particles of dust and soot are known to cause respiratory diseases.

July 4th, 2009 NEW DELHI - The new Companies Bill 2009, with stricter disclosure norms and provision for one-person corporate entity, will be tabled in the ongoing budget session of parliament, Corporate Affairs Minister Salman Khursheed said Saturday. "We will table the new bill this session itself," said Khursheed on the margins of a conference organised by the Confederation of Indian Industry (CII) here.

May 14th, 2009 KOLKATA - India's market regulator is looking at tightening norms for buyback of shares by companies, its top official said here Thursday. 'In the recent past, many companies have announced they would buy back shares and after that did not act accordingly,' said Securities and Exchange Board of India (SEBI) chairman C.B.

April 7th, 2009 KOLKATA - The Confederation of Indian Industry (CII) is preparing a report on land acquisition norms to help the government come up with a uniform policy, protecting the interests of both the industrial and the agricultural sectors. 'There should be transparent land bank available in every state for the purpose of industrial set-up so that the government can assure of continuous tract of land for industrialisation,' CII president Venu Srinivasan told reporters here Tuesday.

February 12th, 2009 RAIPUR - The Chhattisgarh government has served notices to as many as 37 industrial units in the past two years, including the Vedanta-controlled Bharat Aluminium Company Ltd.(Balco), for violating industrial pollution norms, the state assembly was informed Friday. 'The government has either moved court or issued notices to 37 industrial units for ignoring pollution norms in Raigarh and Korba districts, including Balco (based in Korba town),' Revenue Minister Amar Agrawal told the house in a written reply to a question by Leader of the Opposition Ravindra Choubey.

February 11th, 2009 NEW DELHI - The government has rationalised the foreign investment norms as there is a tightening in the global markets, but the cap on such investments in single-brand retail would continue, Commerce Minister Kamal Nath said here Thursday. 'The government has rationalised calculation of FDI (foreign direct investment).

February 11th, 2009 NEW DELHI - The government has rationalised the foreign investment norms as there is a tightening in the global markets, Commerce Minister Kamal Nath said here Thursday. 'Government has rationalised calculation of FDI (foreign direct investment).

February 10th, 2009 NEW DELHI - India's cabinet Wednesday relaxed norms governing what constitutes foreign equity in companies that operate in sectors that have a cap on overseas investment in a bid to rationalise procedures. Announcing the cabinet decision, based on the advice of an empowered group of ministers, Home Minister P.

January 1st, 2009 CHENNAI - India's insurance watchdog Friday offered life insurers, and more particularly the private life insurers, a mega New Year gift by easing solvency norms for the third time in recent days. Solvency margin is the excess of assets that a life insurer has to maintain over its liabilities.