On December 12, Former Economic Affairs Secretary Shaktikanta Das, retired IAS officer of Tamil Nadu cadre, 1980 batch, assumed charge as the 25th RBI Governor for a period of three years.Das succeeds...
On December 10, Finance Minister Arun Jaitley stated that the Centre has decided to increase its contribution to the NPS for central government employees to 14% and also made the entire withdrawal...
Days after the Devendra Fadnavis-led Maharashtra government officially gave the Marathas 16% reservation in government jobs and education, the Bombay High Court on December 10 pulled up the state...
Amid critically increasing incidents of terrorist attacks and crime, the Australian Labor Party (ALP) on December 6 voted to pass a controversial encryption bill called “Assistance and Access” Bill,...
On December 10, HCL Technologies (HCL) announced a new five-year contract with multinational life insurance, pensions, and asset management company Aegon.As per a Press Release issued by HCL, the...
On December 10, Reserve Bank of India (RBI) Governor Dr. Urjit Patel resigned from his post, effective immediately, citing personal reasons. Notably, his term was to end in September 2019.In this...
On December 7, Baring Private Equity Asia (BPEA) and Pioneer Corporation in a joint press release announced the Pioneer Revitalization Plan which comprises a 77 billion yen (approx. $900 million)...
In what can be seen as the biggest Indian IT deal to date, IBM and HCL Technologies (HCL) announced on December 7 a definitive agreement under which HCL will acquire select IBM software products for...
On December 5, in a case of Settlement of Motor Claims, the Insurance Regulatory and Development Authority of India (IRDAI) imposed a penalty of Rs 5 lakh on HDFC ERGO General Insurance Company...
View PDFThe Insurance Regulatory and Development Authority of India (IRDAI) on December 6 released a Report of the Working Group (WG) on New Standard on Insurance Contracts (Equivalent to IFRS 17...
View PDFOn December 7, the Securities and Exchange Board of India (SEBI) issued a Circular to all listed entities, recognized stock exchanges, and Depositories on disclosing details pertaining to...
View PDFRecognizing the need for a robust Cyber Security and Cyber Resilience framework at Market Infrastructure Institutions (MIIs), i.e., Stock Exchanges, Clearing Corporations, and Depositories,...
