Clipped from: https://www.financialexpress.com/money/how-to-secure-your-banking-transactions-from-cyber-frauds/2235437/ The growing volume of online transactions and the absence of stringent cybersecurity systems give fraudsters the space to commit malicious acts. The Indian
Category: Legal
Cheque bouncing up in April during second wave of Covid-19: HDFC Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/cheque-bouncing-up-in-april-during-second-wave-of-covid-19-hdfc-bank-121041800413_1.html Ehile cheque returns in April have risen slightly, it this does not necessarily point to a trend, say bank officials Photo: Shutterstock The
oyo latest news: Oyo squashes rumours of bankruptcy following an NCLT order – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/oyo-taken-to-insolvency-board-by-hyderabad-hotel/articleshow/81947043.cmsSynopsis “The creditors of Oyo Hotels & Homes are hereby called upon to submit their claims before April 15 to the interim resolution professional,”
SEBI issues notice to Fortis Healthcare subsidiary over diversion of funds – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-issues-notice-to-fortis-healthcare-subsidiary-over-diversion-of-funds/article34337811.ece?homepage=true Former promoters Singh brothers allegedly siphoned-off ₹500 crore Leading hospital chain Fortis Healthcare (FHL) disclosed on Friday that its subsidiary, Escorts Heart Institute
Cyber agency cautions users against certain weaknesses detected in WhatsApp | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/cyber-agency-cautions-users-against-certain-weaknesses-detected-in-whatsapp-121041700438_1.html India’s cyber security agency CERT-In cautions WhatsApp users about certain vulnerabilities detected in popular instant messaging app that could lead to breach of
The future of arbitration in India: Strengthening the process of alternative dispute resolution – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/the-future-of-arbitration-in-india-strengthening-the-process-of-alternative-dispute-resolution/articleshow/82114707.cmsSynopsis The Arbitration and Conciliation Act 1996 has been modelled on lines of the UNCITRAL framework of laws with the idea to modernize Indian
Government asks public sector banks to adopt non-coercive strategy for education loans recovery – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/government-asks-public-sector-banks-to-adopt-non-coercive-strategy-for-education-loans-recovery/articleshow/82111511.cms Synopsis–The non-performing asset (NPA) level in education loans had increased to 9.55% by December 2020, up from 7.61% in March the same year.
Amazon tells Indian court – Reuters story is no reason to resume antitrust probe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/amazon-tells-indian-court-reuters-story-is-no-reason-to-resume-antitrust-probe/articleshow/82089332.cmsSynopsis The Reuters report showed the U.S. firm gave preferential treatment to a small group of sellers on its platform, sidestepping foreign investment rules
Open banking may potentially pose significant risks: RBI Dy Guv Rao – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/open-banking-may-potentially-pose-significant-risks-rbi-dy-guv-rao/article34338863.ece It is the sharing and leveraging of customer-permissioned data by banks with third-party developers and firms to build applications and services. Open banking
Pre-packaged insolvency for small & medium firms | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/pre-packaged-insolvency-for-small-medium-firms-121041601390_1.html A notable feature of the ordinance is the pre-packaged process’ two-step voting structure Pre-packaged insolvency (or “pre-pack”) refers to the process by which
SC issues directions for speedy disposal of cheque bounce cases | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/sc-issues-directions-for-speedy-disposal-of-cheque-bounce-cases-121041601233_1.html The Supreme Court came out with a slew of directions to ensure speedy disposal of cheque bounce cases across the country Photo: Shutterstock.com
Labour law implementation might get delayed further – The Financial Express
Clipped from: https://www.financialexpress.com/industry/labour-law-implementation-might-get-delayed-further/2234699/ However, as of now, not more than half a dozen states have framed draft rules and also, while some of them have drafted
SC issues guidelines for cheque bounce cases, asks govt to amend laws – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/sc-issues-guidelines-for-cheque-bounce-cases-asks-govt-to-amend-laws/2234696/ The SC said that over the years, courts have been inundated with cheque bounce complaints which could not be decided within a reasonable
AWS launches Amazon Digital Suite to accelerate digital adoption for SMBs in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/aws-launches-amazon-digital-suite-to-accelerate-digital-adoption-for-smbs-in-india/articleshow/82100388.cmsSynopsis SMB spend on public cloud services is expected to contribute more than 29% of the $7.9 billion public cloud services market in India
Labour ministry notifies draft rules under Occupational Safety, Health and Working Conditions Code – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/labour-ministry-notifies-draft-rules-under-occupational-safety-health-and-working-conditions-code/articleshow/82099916.cmsSynopsis The ministry has invited suggestions on the draft Rules in the next 45 days following which the above Rules will be finalised. This
Customer privacy, data protection non-negotiable, says RBI Deputy Governor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/customer-privacy-data-protection-non-negotiable-says-rbi-deputy-governor/articleshow/82106903.cmsSynopsis Open banking refers to sharing and leveraging of customer-permissioned data by banks with third party developers and firms to build applications and services,
Personal hearing before NPA tag: RBI, lenders move SC – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/personal-hearing-before-npa-tag-rbi-lenders-move-sc/2233953/ A bench led by Justice R F Nariman refused to stay the entire HC judgment, but stayed a part which dealt with granting
Time has come for woman CJI but female lawyers refuse judgeship due to domestic responsibilities: SC | Deccan Herald
Clipped from: https://www.deccanherald.com/national/time-has-come-for-woman-cji-but-female-lawyers-refuse-judgeship-due-to-domestic-responsibilities-sc-974559.html The court was hearing a matter related to appointment of ad-hoc judges in the High Courts to deal with huge pendency of cases
Promoter Khaitan family ready to put funds into McNally Bharat: MD – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/promoters-willing-to-infuse-funds-into-mcnally-bharat-md/articleshow/82076863.cmsSynopsis McNally Bharat is among a long list of construction companies to face the prospect of bankruptcy. However, finding buyers for such companies has
Aircel lenders, UVARCL to move Supreme Court as NCLAT bars spectrum sale – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/aircel-lenders-uvarcl-to-move-sc-as-nclat-bars-spectrum-sale/articleshow/82075912.cmsSynopsis The NCLAT has backed DoT’s stance that spectrum is a national asset that cannot be transferred to a third party, unless statutory dues
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