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At the beginning of this year, the United States (U.S.) witnessed a watershed moment in the anti-money laundering regulatory space, with the passing of the Corporate Transparency Act (Act). The [...]

Byline: Yogesh Joshi The leaders of China and India met for their second informal summit on Oct. 11 and 12, a follow-up to their April 2018 meeting in Wuhan in [...]

BACKGROUND Not even 280 characters, but less than 15 characters tweeted by Elon Musk ('Musk'), the erstwhile chairman and present day chief executive officer of Tesla, Inc. ('Tesla') on the [...]

THE BUDGET 2015 AND THE SERVICE TAX On 28th February, 2015, the Finance Minister of India, Mr. Arun Jaitley presented the Union Budget for the Financial Year 2015-2016, causing a [...]

A debenture is an instrument of debt executed by the company acknowledging its obligation to repay the sum at a specified rate and also carrying an interest. It is one [...]

INTRODUCTION The Companies Act, 2013 ('Act, 2013') which received the assent of the President on 29 August, 2013 has made significant changes in the provisions relating to private placement of [...]

Merger and Acquisition (M&A) has always been a sought for transaction in India, as more and more M&A deal is being carried out each and every day in the Indian [...]

In India, the gravity of Independent Directors (referred as 'ID's') was recognized with the introduction of corporate governance. The Companies Act, 1956 (referred as 'the Act, 1956') do not directly [...]

ABOUT PFRDA Pension Fund Regulatory and Development Authority was established by the Government of India on 23rd August, 2003 to promote old age income security by establishing, developing and regulating [...]

The Supreme Court on 31st August, 2012 in Sahara India Real Estate Corporation Limited ('SIRECL') and Sahara Housing Investment Corporation Limited ('SHICL'), & Ors., (the Appellants) vs. Securities and Exchange [...]

From Mr Yogesh V. Borkar. Sir, Lex should conduct a more balanced analysis of Japanese banks ('Roots and branches', November 26). Almost throughout this year, Lex's analysis of Japanese banks [...]

The article reports on the efforts conducted by education officials in India to change the unreliable examination system applied in most universities in the country. School administrators together with test designers, test evaluators, and test administrators who have attended a seminar concerning the credibility problem agree to apply a semester system that would allow students to take two types of major examinations and frequent quizzes to resolve the issue.

The article reports that the interference of high-level politicians has frustrated university administrators in India. The administrators complained that their campuses have become politicized. Respected institutions receive regular threats to their autonomy from governors, chief ministers and other politicians.

The article reports that a strike by some 6,000 faculty members at Delhi University in New Delhi, India has ended, following appeals from students that they could lose the entire academic year if the walkout continue. Members of the Delhi University Teachers Association voted to return to their classrooms when the president of the Delhi University students' Union presented a petition, charging that strike violated the students' fundamental rights to education.

The article reports that the Delhi University Teachers Association (DUTA) has gone on an indefinite strike due to the abolition of faculty-promotion system at the University of Delhi in Delhi, India. The DUTA decided to go on a strike after it failed to reach agreement with government on a series of demands concerning promotions and faculty housing.

The article reports on the need for Indian Universities to charge full fees for higher education and ensure continued access by offering scholarships to indigent students. The recommendation, which was prepared by the Ministry of Education, was one of many affecting the country's university system wherein most educators recognized as having too many low-quality programs and not sufficient relevance to India's needs for well-trained graduates.

The Corporate Executive Board (CEB) is the world's largest business advisory platform that is used by 20,000 CXOs across 5,000+ global companies. It has developed a huge repository of business insights and strategies targeted at CXOs. Through this series, DNA Money and CEB attempt to delve into the minds of top executives from India to try and understand what makes them and their companies tick. [ABSTRACT FROM PUBLISHER]

Airports will now have artificial flowers on their premises as a cost-cutting measure. [ABSTRACT FROM PUBLISHER]

Even as Air India (AI) is begging the government for help, the country's MPs are providing it succour, albeit indirectly. Their constant flights to Delhi and from Delhi on full-fare first-class tickets to attend the budget session is bringing in desperately needed cash for this airline. [ABSTRACT FROM PUBLISHER]

In a bid to cut cost and trim its fleet, Air India has returned six aircraft, including a Boeing 777, in the last two months. The move will come as a big relief for the cash-strapped airline. [ABSTRACT FROM PUBLISHER]

The Corporate Executive Board (CEB) is the world's largest business advisory platform that is used by 20,000 CXOs across 5,000+ global companies. [ABSTRACT FROM PUBLISHER]

The Bureau of Civil Aviation Security has got an FIR registered against Continental Airlines for frisking former president APJ Abdul Kalam at the Indira Gandhi International Airport in Delhi. The airline, however, showed no remorse and said that Kalam's frisking was mandatory under US rules. [ABSTRACT FROM PUBLISHER]

A routine probe into a damaged door has ended up piling one embarrassment on top of another for embattled national carrier Air India (AI). The IC 179 Air India flight from Mumbai to Mangalore, which landed in trouble when a DGCA (Directorate General Of Civil Aviation) probe revealed that it was carrying passengers beyond its capacity, had doctored records to show the extra travelers as 'infants', DNA has learnt. [ABSTRACT FROM PUBLISHER]

A routine probe into a damaged door has ended up piling one embarrassment on top of another for embattled national carrier Air India (AI). The IC 179 Air India flight from Mumbai to Mangalore, which landed in trouble when a DGCA (Directorate General Of Civil Aviation) probe revealed that it was carrying passengers beyond its capacity, had doctored records to show the extra travellers as 'infants', DNA has learnt. [ABSTRACT FROM PUBLISHER]

Instances of pilots and flight crew, including air hostesses, getting high on spirits during pre-flight checks are on the rise. In the last 6 months, a dozen such cases were reported to the Directorate General of Civil Aviation (DGCA). On Monday morning a flight attendant of a Mumbai-bound Air India flight (IC-942) was grounded after he was found to have consumed alcohol during pre-flight check at the Hyderabad airport. A senior DGCA official confirmed the incident but refused to name the attendant. [ABSTRACT FROM PUBLISHER]

Air India has derostered nine employees, including two pilots, for taking on board passengers in excess of aircraft capacity on its flight two months ago. It also began an independent investigation to pin down others responsible for the violation of security rules. [ABSTRACT FROM PUBLISHER]

Air India has derostered nine employees, including two pilots, for taking on board passengers in excess of aircraft capacity on its flight two months ago and begun its own investigation to pin down others responsible for the violation of safety and security rules. [ABSTRACT FROM PUBLISHER]

Stop flying, travel by train - that's the cost-cutting mantra being chanted by the Airports Authority of India (AAI) to its over 3,000 executive-ranked officials posted across the country. AAI sources said that the move is in sync with the civil aviation ministry's suggestions to reduce travel expenditure. [ABSTRACT FROM PUBLISHER]

The Central Vigilance Commission (CVC) is learnt to have ordered an inquiry into Air India's decision to purchase 111 aircraft for Rs55,000 crore four years ago and then persist with it despite its poor financial condition, falling passenger share and the current global meltdown. [ABSTRACT FROM PUBLISHER]

A bunch of young prisoners in Tihar Jail had an unusually-large grin on their faces when they heard of the landmark judgment decriminalising homosexuality. [ABSTRACT FROM PUBLISHER]

The Directorate General of Civil Aviation (DGCA) has recommended three minutes airspace closure for VVIP flights in all airports. The recommendation has appeared in its exhaustive report on the near-miss incident involving one of the choppers of presidential convoy at Mumbai airport. [ABSTRACT FROM PUBLISHER]

From Tuesday, the elite black cat commandos of the National Security Guards (NSG) will have a permanent base in Mumbai. [ABSTRACT FROM PUBLISHER]

As Air India struggles to pay salaries on time, over 20 officials of the state carrier are in France and the US to take delivery of three brand new aircraft. [ABSTRACT FROM PUBLISHER]

A high-level investigation has blamed procedural errors and a lack of coordination for the near-collision between an IAF chopper from the President's convoy and an Air India flight at the Mumbai airport in February. [ABSTRACT FROM PUBLISHER]

The violation of Indian airspace by a US military aircraft on Friday evening was not the first such instance, DNA has learnt: it's been happening for the past 15 days. Russian transport aircraft carrying US military cargo have been repeatedly hoodwinking Indian airspace managers by claiming to be civilian aircraft, exposing serious lacunae in the Indian air space surveillance apparatus. [ABSTRACT FROM PUBLISHER]

A Boeing 747-400 that developed a snag in Riyadh, forcing its pilot to cancel the return flight to Mumbai, is one of the aircraft that flies VVIPs like the prime minister and president during foreign tours. The management, instead, grounded the pilot for cancelling the flight. Pilot NK Beri had refused to fly the aircraft on May 27 after he found its landing gear malfunctioned. The aircraft has since been repaired and is back into the airline's active fleet. [ABSTRACT FROM PUBLISHER]

In a major security breach, an Air India flight strayed into Pakistan airspace for five minutes, creating a flutter at Amritsar international airport, around 7.30pm on June 5. [ABSTRACT FROM PUBLISHER]

A proposal by the Indian Air Force to close airspace for 10 minutes to allow take-offs and landings by flights carrying VVIPs has been shot down by the aviation ministry. Closure of airspace means no flight will be allowed to take off or land when a VVIP flight is doing so. [ABSTRACT FROM PUBLISHER]

In its desperate effort to avoid getting downgraded to Category II by the Federal Aviation Administration (FAA) of the US, the government has hurriedly cleared over 200 Directorate General of Civil Aviation (DGCA) posts. [ABSTRACT FROM PUBLISHER]

Over 200 passengers were stranded after the door of their US-bound plane was damaged by a faulty aerobridge at the Indira Gandhi International Airport here on Thursday night. [ABSTRACT FROM PUBLISHER]

The heath ministry said no one has been detected with swine influenza in India, a day after vigilance was stepped up at airports to scan incoming passengers. [ABSTRACT FROM PUBLISHER]