Category Archives: News

FAQ’s on IBBI – Limited Insolvency Examination

By | December 16, 2016

IBBI – Limited Insolvency Examination (31st December, 2016 to 30th June, 2017) 1. Is this examination mandated under any law and for what purpose? Yes. This examination is mandated under the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 made under the Insolvency and Bankruptcy Code, 2016. It is one of the mandatory… Read More »

Airtel Payments Bank rolls out pilot services in Karnataka

By | December 16, 2016

Airtel Payments Bank rolls out pilot services in Karnataka Over 12,000 neighborhood Airtel retail outlets in towns and villages across Karnataka will also act as banking points and offer convenient banking services to customers Interest rate of 7.25% p.a. on savings account deposits; Personal Accidental Insurance of Rs. 1 Lac with every Savings Account Customers to… Read More »

Taxi policy guidelines , Committee allowed app based platforms for city Taxies

By | December 16, 2016

Committee on Taxi policy guidelines submits its report, says city taxies should be allowed to run on app based platforms.  The committee constituted by the Ministry of Road Transport and Highways to review issues relating to taxi permits and propose taxi policy guidelines to promote urban mobility has recommended that   city taxies should  be allowed… Read More »

Digital Payment System For Parking Charges At Airports

By | December 15, 2016

Digital Payment System For Parking Charges At Airports Airports Authority of India (AAI) has issued directions to the respective Car Parking Licensees across all AAI controlled airports for evolving a mechanism of e-payment transactions in the form of Debit/Credit Cards, Digital Wallets (PayTM, Freecharge, Mobikwik, Reliance Jio etc.) and also keep sufficient change of currency… Read More »

Guidelines for Sand Mining

By | December 15, 2016

Guidelines for Sand Mining Sand is a minor mineral, as defined under section 3(e) of the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act). Section 15 of the MMDR Act empowersstate governments to make rules for regulating the grant of mineral concessions in respect of minor minerals and for purposes connected therewith. The… Read More »

Replacement of Major Port Trusts Act 1963 with Major Port Trust Authorities Bill 2016 approved

By | December 15, 2016

Cabinet approves replacement of ‘Major Port Trusts Act, 1963’ with ‘the Major Port Trust Authorities Bill, 2016’ The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved the proposal of Ministry of Shipping to replace the Major Port Trusts Act, 1963 by the Major Port Authorities Bill, 2016.  This will empower the… Read More »

Airtel Payments Bank rolls out pilot services in Andhra Pradesh and Telangana

By | December 14, 2016

Airtel Payments Bank rolls out pilot services in Andhra Pradesh and Telangana Over 15,000 neighborhood Airtel retail outlets in towns and villages across Andhra Pradesh and Telangana will also act as banking points and offer convenient banking services to customers Interest rate of 7.25% p.a. on savings account deposits; Personal Accidental Insurance of Rs. 1… Read More »