Monthly Archives: December 2018

India’s first indigenous film festival in Feb.

India’s first international indigenous film festival will take place in February next year in Odisha. An initiative of activist film collective Video Republic, that has been campaigning for indigenous communities in the State, the three-stop event will kick off in Bhubaneswar on February 19, move on to Puri from February …

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Leh, Kargil solar unit tenders likely

Leh, Kargil solar unit tenders likelyThe government is planning to issue tenders for 7,500 MW of solar projects in the Leh and Kargil region of Jammu and Kashmir (J&K) by December 15.As part of the initiatives under the National Solar Mission, the Ministry of New and Renewable energy (MNRE) has …

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NCLAT upholds Monnet Ispat’s coal pact termination

The National Company Law Appellate Tribunal (NCLAT) rejected a plea by the insolvency professional against Union Ministry of Coal’s termination of mining agreement with Monnet Ispat & Energy Ltd., citing the moratorium period under the insolvency and bankruptcy code (IBC).The company was brought under the insolvency process in a case …

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Stamp duty diktat on mergers puts T.N. companies in a spot

Mergers and amalgamations are set to turn costlier for corporates in Tamil Nadu, thanks to a circular clarifying the applicability of stamp duty on transfer of property under the Companies Act.A circular issued by the Inspector General of Registration in Chennai on November 20 said that the scheme of arrangements …

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What’s with the back series GDP data?

The government on Wednesday released the GDP growth estimates for previous years based on the new method of calculation and base year it had adopted in 2015. The new data and the manner in which it was released led to criticism from various quarters, including Opposition political parties and economists …

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Ukraine bars entry of Russian men

Ukraine on Friday barred Russian men aged 16-60 from entry as tensions mounted between the two countries over Moscow’s seizure of three Ukrainian ships last week.The move came after Kiev imposed martial law in border regions this week in response to the Russian seizure of the ships and 24 sailors …

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