BANKING AND FOREIGN EXCHANGE

• The Reserve Bank of India has issued a A.P. (DIR Series) Circular No. 18 RBI/2018-19/121 dated February 07, 2019 in relation to the External Commercial Borrowings (ECB) Policy – ECB facility for Resolution Applicants under Corporate Insolvency Resolution Process.
  For more information, please access – ReadMore
• The Reserve Bank of India has issued a notification RBI/2018-19/112 dated February 04, 2019 in relation to the Kisan Credit Card (KCC) Scheme: Working Capital for Animal Husbandry and Fisheries.
  For more information, please access –ReadMore
• The Reserve Bank of India has issued a RBI/2018-2019/114 dated February 07, 2019 in relation to the Liquidity Adjustment Facility – Repo and Reverse Repo Rates.
  For more information, please access –ReadMore
• The Reserve Bank of India has issued a RBI/2018-19/120 dated February 07, 2019 in relation to the Grant of ‘Certificate of Registration’ – For carrying on the business of credit information – CRIF High Mark Credit Information Services Private Limited.
  For more information, please access –ReadMore
• The Reserve Bank of India has issued a RBI/2018-19/121 A.P. (DIR Series) Circular No. 18 dated February 07, 2019 in relation to the External Commercial Borrowings (ECB) Policy – ECB facility for Resolution Applicants under Corporate Insolvency Resolution Process.
  For more information, please access –ReadMore
• The Reserve Bank of India has issued RBI/2018-19/123 A.P. (DIR Series) Circular No. 19 dated February 15, 2019 in relation of Investment by Foreign Portfolio Investors (FPI) in Debt.
  For more information, please access –ReadMore
• The Reserve Bank of India has announces draft directions on facilities for hedging foreign exchange risk by Residents and Non-residents (Amended) dated February 15, 2019.
  For more information, please access –ReadMore

LABOUR LAWS

• The Ministry of Labour & Employment enforced and implement Creche Facilities for employees dated February 11, 2019.
  For more information, please access –
  http://pib.nic.in/PressReleseDetail.aspx?PRID=1563830
• The Ministry of Labour & Employment issued notification dated February 14, 2019 Expert Committee Submits its Report on Determining Methodology for Fixing National Minimum Wage.
  For more information, please access –
  http://pib.nic.in/newsite/pmreleases.aspx?mincode=21

COMPETITION LAW

• The Federal Trade Commission wins key Ruling allowing agency to continue efforts to hold operator of deceptive computer financing scheme accountable. At the request of the Federal Trade Commission, a federal bankruptcy court ruled that the operator of a computer-financing scheme cannot use a bankruptcy filing to shield himself from complying with a contempt order requiring him to pay $13.4 million for violating a 2008 FTC order.
  [February 01, 2019] For more information, please access –
  https://www.ftc.gov/news-events/press-releases/2019/02/ftc-wins-key-ruling-allowing-agency-continue-efforts-hold
• The Federal Trade Commission returns more than $6 Million to consumers who bought deceptively marketed health products from Tarr, Inc.
  [February 01, 2019] For more information, please access –
  https://www.ftc.gov/news-events/press-releases/2019/02/ftc-returns-more-6-million-consumers-who-bought-deceptively
• The Federal Trade Commission seeks to add new defendants in student debt relief case.
  [February 07, 2019] For more information, please access –ReadMore
• The Federal Trade Commission approves final order imposing conditions on Marathon Petroleum Corporation’s acquisition of Express Mart.
  [February 08, 2019] For more information, please access –
  https://www.ftc.gov/news-events/press-releases/2019/02/ftc-approves-final-order-imposing-conditions-marathon-petroleum
• The Federal Trade Commission approves final consent orders settling endorsement and deceptive native advertising charges against Creaxion Corporation and Inside Publications, LLC.
  [February 08, 2019] For more information, please access –
  https://www.ftc.gov/news-events/press-releases/2019/02/ftc-approves-final-consent-orders-settling-endorsement-deceptive
• The Federal Trade Commission to send refund checks to consumers who lost money to tech support scam.
  [February 11, 2019] For more information, please access –
  https://www.ftc.gov/news-events/press-releases/2019/02/ftc-send-refund-checks-consumers-who-lost-money-tech-support-scam
• The Federal Trade Commission approves application from Praxair and Linde for sale of an Industrial Gases Plant to Celanese Ltd.
  [February 11, 2019] For more information, please access –
  https://www.ftc.gov/news-events/press-releases/2019/02/ftc-approves-application-praxair-linde-sale-industrial-gases
• The Federal Trade Commission returns almost $3.5 Million to consumers who bought deceptively marketed “Weight-Loss” supplements from Direct Alternatives and Original Organics, LLC.
  [February 11, 2019] For more information, please access –
  https://www.ftc.gov/news-events/press-releases/2019/02/ftc-returns-almost-35-million-consumers-who-bought-deceptively
• The Federal Trade Commission and Food and Drug Administration (FDA) send warning letters to companies selling dietary supplements claiming to treat Alzheimer’s disease and remediate or cure other serious illnesses such as Parkinson’s, Heart Disease, and Cancer.
  [February 11, 2019] For more information, please access –
  https://www.ftc.gov/news-events/press-releases/2019/02/ftc-fda-send-warning-letters-companies-selling-dietary
• Competition and markets authority (UK) launches consumer law investigation into hotel booking sites.
  [February 06, 2019] For more information, please access –
  https://www.gov.uk/cma-cases/online-hotel-booking
• Competition and Markets Authority (UK) to launch in-depth investigation of Tobii/Smartbox merger.
  [February 08, 2019] For more information, please access –
  https://www.gov.uk/government/publications/cma-register-of-interests
• Competition and Markets Authority (UK) is investigating the supply and acquisition of investment consultancy and fiduciary management services in the UK.
  [February 11, 2019] For more information, please access –
  https://www.gov.uk/cma-cases/investment-consultants-market-investigation
• Competition and Markets Authority (UK) is investigating the anticipated acquisition by Lakeland Dairies (N.I.) Limited of LacPatrick Dairies Co-Operative Society Limited.[February 11, 2019] For more information, please access –
  https://www.gov.uk/cma-cases/lakeland-dairies-n-i-limited-lacpatrick-dairies-co-operative-society-limited-merger-inquiry
• The European Commission Mergers: Commission prohibits Siemens' proposed acquisition of Alstom
  [February 06, 2019] For more information, please access –file:///C:/Users/guijanliu.panmei/Downloads/IP-19-881_EN.pdf
• The European Commission Mergers: Commission prohibits Wieland's proposed acquisition of Aurubis Rolled Products and Schwermetall
  [February 06, 2019] For more information, please access –file:///C:/Users/guijanliu.panmei/Downloads/IP-19-883_EN.pdf
• Mergers: Commission approves merger between Amcor and Bemis, subject to conditions.[February 11, 2019] For more information, please access –file:///C:/Users/guijanliu.panmei/Downloads/IP-19-1010_EN.pdf

ENERGY

• India becomes world's second-largest LPG consumer.
  [February 05, 2019] For more information, please access –
  https://energy.economictimes.indiatimes.com/news/oil-and-gas/india-becomes-worlds-2nd-largest-lpg-consumer-after-govts-ujjawla-push/67848639
• Government allows export of biofuels from special economic zones, EoUs.
  [February 06, 2019] For more information, please access –https://energy.economictimes.indiatimes.com/news/oil-and-gas/govt-allows-export-of-bio-fuels-from-special-economic-zones-eous/67867285
• Essar Oil UK acquires BP strategic assets to drive growth.
  [February 06, 2019] For more information, please access –
  https://energy.economictimes.indiatimes.com/news/oil-and-gas/essar-oil-uk-group-buys-bp-strategic-assets/67866850
• Exxon, Qatar Petroleum to expand Liquefied natural gas (LNG) export plant in Texas.
  [February 06, 2019] For more information, please access –https://energy.economictimes.indiatimes.com/news/oil-and-gas/exxon-qatar-petroleum-to-expand-lng-export-plant-in-texas/67864389
• Goa Government notifies solar energy policy.
  [February 11, 2019] For more information, please access –https://energy.economictimes.indiatimes.com/news/renewable/goa-govt-notifies-solar-energy-policy/67936263
• German grid firms see extra costs to meet renewable power target.
  [February 05, 2019] For more information, please access –https://energy.economictimes.indiatimes.com/news/renewable/german-grid-firms-see-extra-costs-to-meet-renewable-power-target/67843902
• Government envisages to develop the National Gas Grid.
  [February 11, 2019] For more information, Read more at:
  http://pib.nic.in/newsite/pmreleases.aspx?mincode=20
• Dealer Owned Dealer Operated model for setting up CNG stations by private players launched.
  [February 11, 2019] For more information, Read more at:
  http://pib.nic.in/newsite/pmreleases.aspx?mincode=20

MINING

• India's Tata Steel Q3 standalone profit soars on robust production.
  [February 09, 2018] For more information, please access –http://www.mining.com/web/indias-tata-steel-q3-standalone-profit-soars-robust-production/
• ArcelorMittal sees small steel demand rise, shares slip on margin concerns.
  [February 08, 2018] For more information, please access –http://www.mining.com/web/arcelormittal-sees-small-steel-demand-rise-shares-slip-margin-concerns/
• Vedanta says Anglo American stake buy meets Government criteria.
  [February 04, 2018] For more information, please access
  http://www.mining.com/vedanta-says-anglo-american-stake-buy-meets-govt-criteria/

NEWS

• Government to form working group to resolve startups' angel tax issue.
  [February 05, 2019] For more information, Read more at:
  https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/government-to-form-working-group-to-resolve-startups-angel-tax-issue/articleshow/67837631.cms
• SEBI comes out with rules to review performance of public interest directors.
  [February 05, 2019] For more information, Read more at:
  https://economictimes.indiatimes.com/markets/stocks/news/sebi-comes-out-with-rules-to-review-performance-of-public-interest-directors/articleshow/67855457.cms
• RBI allows cheaper funds for corporate bidders under IBC.
  [February 07, 2019] For more information, Read more at:
  https://economictimes.indiatimes.com/markets/stocks/news/rbi-allows-cheaper-funds-for-corporate-bidders-under-ibc/articleshow/67880545.cms
• Government may exempt Department for Promotion of Industry and Internal Trade (DPIIT) certified startups from angel tax.
  [February 11, 2019] For more information, Read more at:
  https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/govt-may-exempt-dpiit-certified-startups-from-angel-tax/articleshow/67946780.cms
• MCA Notifies Amendment to Companies (Significant Beneficial Ownership) Rules.
  [February 09, 2019] For more information, please access –
  https://www.livelaw.in/news-updates/mca-notifies-amendment-to-companiessignificant-beneficial-ownership-rules-read-rules-142771
• The National Company Law Appellate Tribunal (NCLAT) RCom's plea for insolvency to March 6.
  [February 12, 2019] For more information, Read more at:
  https://economictimes.indiatimes.com/industry/telecom/telecom-news/nclat-adjourns-rcoms- plea-for-insolvency-to-march-6/articleshow/67964030.cms
• Criminal Complaints Cannot Be Quashed Merely Because Allegations Appear to Be of a Civil Nature: Supreme Court.
  [February 12, 2019] For more information, Read more at:
  https://www.livelaw.in/news-updates/criminal-complaint-cannot-be-quashed-merely-for-its-civil-nature-142839
• Insolvency Proceedings Can Be Closed Based on Settlement Prior To CoC formation: NCLAT.
  [February 14, 2019] For more information, Read more at:
  https://www.livelaw.in/news-updates/insolvency-proceedings-can-be-closed-based-on-settlement-prior-to-coc-formation-nclat-read-judgment-142898
• Supreme Court tells Centre, states to fill vacancies in information commissions
  [February 15, 2019] For more information, Read more at:
  https://economictimes.indiatimes.com/news/politics-and-nation/supreme-court-tells-centre-states-to-fill-vacancies-in-information-commissions/articleshow/68013425.cms