News and Updates Issue 08 Duration February 16-28, 2019

For a plot hatched in hell, don’t expect angels for witnesses.

ROBERT PERRY, AMERICAN LAWYER

BANKING AND FOREIGN EXCHANGE

  • The Reserve Bank of India has issued a RBI/2018-19/127 dated February 22, 2019 in relation to Micro, Small and Medium Enterprises (MSME) sector- Restructuring of Advances
    For more information, please access –ReadMore
  • The Reserve Bank of India has issued notification no. RBI/2018-19/129 dated February 22, 2019 in relation to Interest Subvention Scheme for MSMEs
    For more information, please access –ReadMore
  • The Reserve Bank of India has issued notification no. RBI/2018-19/130 dated February 22, 2019 in relation to Harmonisation of different categories of NBFCs
    For more information, please access –ReadMore 
  • The Reserve Bank of India has issued notification no. RBI/2018-19/132 A.P. (DIR Series) Circular No. 20 dated February 27, 2019 regarding Establishment of Branch Office (BO) / Liaison Office (LO) / Project Office (PO) or any other place of business in India by foreign entities
    For more information, please access –ReadMore

LABOUR LAWS

  • The Labour Department of Haryana has issued Notification dated February 25, 2019 on Minimum wages w.e.f. 01.01.2019
    For more information, please access – ReadMore 

COMPETITION LAW

ENERGY

MINING

  • Coal going from winner to loser in India's energy future. India's demand for electricity is expected to double in the next two decades, and coal has been long forecast to be the fuel of choice for power generation. But this may no longer be the case. A further issue for India's coal sector is that banks are becoming reluctant to lend to new ventures, and insurers are also becoming less keen to offer cover. [February 20, 2018]
    For more information, please access –
    http://www.mining.com/web/coal-going-winner-loser-indias-energy-future/

NEWS

 

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