Conference on Corporate Governance in KolkataSeptember 4th, 2009 KOLKATA - Minister for Corporate Affairs Salman Khurshid will inaugurate an International Conference on Convergence of Corporate Governance Norms here on Saturday. The two-day Conference is being organized by IIT Kharagpur in association with National Foundation of Corporate Governance (NFCG) - which is a not-for-profit Trust under the Ministry of Corporate Affairs.
CPSC lets Mattel test its own toys, other companies must use independent labsAugust 27th, 2009 Third-party safety tests not required for MattelWASHINGTON — Toy-makers, clothing manufacturers and other companies selling products for young children are submitting samples to independent laboratories for safety tests. But the nation's largest toy maker, Mattel, isn't being required to do the same.
University of Uttarakhand develops seeds of silver carp fishesAugust 12th, 2009 PANT NAGAR - The GB Pant University of Agriculture has developed seeds of high quality silver carp fishes, which can help in cleaning ponds and other water bodies in Uttarakhand. These fishes are being breed at college of fisheries of the University to produce high quality silver carp eggs.
Sibal asks IITs to create quality faculties in technologyAugust 8th, 2009 NEW DELHI - Union Human Resource Development Minister Kapil Sibal on Saturday called on the Indian Institute of Technology (IIT) to create quality faculties in the field of technical education to match the growing demands. Speaking at the Convocation of IIT-Delhi, Sibal said despite growth in number of technical institutions, there had not been proportionate increase in quality graduates in the country.
AI violates safety norms, allows extra passengers on boardJuly 10th, 2009 NEW DELHI J - In a clear violation of safety norms Air India allowed three extras passengers on board a fully loaded flight. Director General of Civil Aviation (DGCA) who was inquiring into the collision of the aero bridge with Air India's IC 179 flight at Chatrapati Shivaji International Airport in Mumbai, revealed this fact.
Airlines get notices for flouting Election Commission normsMay 5th, 2009 NEW DELHI - The Directorate General of Civil Aviation (DGCA) has issued notices to private aviation companies for flouting norms on the use of choppers and private aircraft during the election campaign, a top official said here Tuesday. 'We have received reports from states and the Election Commission regarding violation of norms in the use of choppers and aircraft by political parties during the ongoing poll campaign,' S.N.A.
Three offshore Goa casinos sealed for violating pollution normsMarch 25th, 2009 PANAJI - The Goa government Tuesday sealed three offshore casinos, which were under the scanner for violating pollution norms. The casinos - Rio, Caravela and Maharaja - had failed to obtain the necessary licence from the Goa State Pollution Control Board (GSPCB).
Service quality norms announced for cable operatorsFebruary 24th, 2009 NEW DELHI - The telecom watchdog Tuesday introduced regulations that seek to improve the quality of service provided by cable TV operators in areas where set-top boxes are not mandatory. The regulations will come into effect April 1.
India notifies what constitutes foreign investmentFebruary 16th, 2009 NEW DELHI - India Tuesday notified the detailed norms on what constitutes foreign equity in companies that operate in sectors with a cap on overseas investment, after the cabinet rationalised the procedures last week to attract more foreign capital. A press note issued by the commerce ministry says foreign investment of any form in a holding company - equity, preference shares, investments by foreign funds, convertible bonds, American depository shares or global depository receipts - will be considered foreign equity.
Chhattisgarh serves notices to Balco, 36 others for pollutionFebruary 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.
New foreign investment norms to increase inflow: Kamal NathFebruary 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).
Foreign investment norms for retail to stay: Kamal NathFebruary 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).
India relaxes ownership norms on foreign direct investmentFebruary 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.
Regulator eases solvency norms for life insurersJanuary 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.
Autonomous society for meat, poultry processing clearedDecember 25th, 2008 NEW DELHI - The cabinet Friday sanctioned Rs.146.4 million (Rs.14.64 crore) for setting up an autonomous society over a period of three years to upgrade the meat and poultry processing industry. Headquartered in Delhi, the proposed Meat and Poultry Processing Board will initially be supported by the government, and subsequently managed by the industry.