News and Updates Issue 05 Duration January 01 -15, 2019

We have to continue our efforts with determination.

Giorgio Napolitano

BILLS, ACTS AND RULES

BANKING AND FOREIGN EXCHANGE

  • Reserve Bank of India releases guidelines on restructuring of advances to MSMEs dated January 01, 2019
    For more information, please access –
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  • Reserve Bank of India releases guidelines on Tokenisation – card transactions dated January 08, 2019
    For more information, please access –
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LABOUR LAWS

  • The Ministry of Labour & Employment has reviewed the existing policies in the Ministry dated January 02, 2019
    For more information, please access –
    http://pib.nic.in/PressReleseDetail.aspx?PRID=1558129
  • The Ministry of Labour & Employment Cabinet apprised of MoU between India and Morocco on cooperation in the area of Cyber Security dated January 02, 2019
    For more information, please access –
    http://pib.nic.in/PressReleseDetail.aspx?PRID=1558231
  • The Ministry of Labour & Employment make a scheme to partially reimburse employers for Maternity Benefits dated January 02, 2019
    For more information, please access –
    http://pib.nic.in/newsite/pmreleases.aspx?mincode=21
  • The Ministry of Labour & Employment has formulated a new Labour Code dated January 07, 2019
    For more information, please access –
    http://pib.nic.in/newsite/pmreleases.aspx?mincode=21

COMPETITION LAW

  • The European Commission has agreed to the request submitted by France and Germany asking it to look at Fincantieri's proposed acquisition of Chantiers de l'Atlantique in the light of the EU Merger Regulation
    [January 08, 2019] For more information, please access –
    http://europa.eu/rapid/press-release_IP-19-262_en.htm
  • The European Commission State aid: Commission approves support for production of electricity from renewable energy sources and for electro-intensive users in Lithuania
    [January 08, 2019] For more information, please access –
    http://europa.eu/rapid/press-release_IP-19-242_en.htm
  • The European Commission State aid: Commission to prolong EU State aid rules and launch evaluation
    [January 08, 2019] For more information, please access –
    http://europa.eu/rapid/press-release_IP-19-241_en.htm
  • Loyal energy customers to pay fair price from today
    [January 01, 2019] For more information, please access –
    ReadMore
  • The Competition of Market Authority Merger of cashback websites raises competition concerns
    [January 07, 2019] For more information, please access –
    ReadMore
  • Competition Commission of India State aid: Commission opens in-depth investigation into tax treatment of Nike in the Netherlands
    [January 10, 2019] For more information, please access –
    file:///C:/Users/guijanliu.panmei/Downloads/IP-19-262_EN.pdf
  • The European Commission State aid: Commission adopts two decisions recommending taxation of ports in Italy and Spain
    [January 08, 2019] For more information, please access – file:///C:/Users/guijanliu.panmei/Downloads/IP-19-241_EN.pdf

ENERGY

  • ONGC not getting NOC for petroleum mining licence from WB Government
    [January 09, 2019] For more information, please access –
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  • Oil prices surge on hopes of successful U.S.-China trade talks
    [January 09, 2019] For more information, please access –
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  • Gail India seeks LNG cargo for Jan-Feb delivery: Sources
    [January 09, 2019] For more information, please access –https://energy.economictimes.indiatimes.com/news/oil-and-gas/gail-india-seeks-lng-cargo-for-jan-feb-delivery-sources/67434177
  • Government plans to incentivise ONGC, Oil India to raise output.
    [January 09, 2019] For more information, please access –
    ReadMore 
  • Cabinet approves MoU between India and France on technical bilateral cooperation in the field of new and renewable energy
    [January 10, 2019] For more information, please access –http://pib.nic.in/newsite/pmreleases.aspx?mincode=28

NEWS

  • Securities and Exchange Board of India takes aim at 'extremist' speculators with derivative rule.
    [January 01 2018] For more information, Read more at:
    ReadMore
  • Reserve Bank of India sets up panel under EX-SEBI chief U K Sinha to suggest measures for MSMEs.
    [January 02 2018] For more information, Read more at:
    ReadMore
  • Supreme Court seeks Airtel, DoT response on Aircel employees’ contempt plea.
    [January 05, 2018] For more information, Read more at:
    ReadMore
  • Income -Tax Department withdraws circular on share transfers
    [January 05, 2018] For more information, Read more at:
    ReadMore
  • Government surveillance and data governance and sovereignty to dominate tech policy debate in India.
    [January 07, 2018] For more information, Read more at:
    ReadMore
  • Government exploring ways to exempt security agencies from Data Protection Bill.
    [January 07, 2018] For more information, Read more at:
    ReadMore
  • Reserve Bank of India KYC deadline may punch a hole in wallet companies plans.
    [January 08, 2018] For more information, Read more at:
    ReadMore

Disclaimer (a) “This information has been gathered from various sources. Nothing herein is or may be construed as legal advice”.