News and Updates Issue 47 Duration October 01-15, 2020

“A judge is a law student who marks his own examination papers.”

H L MENCKEN

The Reserve Bank of India (RBI) has issued a notification, RBI/2020-2021/53 dated October 12, 2020 in relation to Regulatory Retail Portfolio – Revised Limit for Risk Weight ReadMore

Federal Trade Commission (FTC) approves final order imposing conditions on Arko Holdings Ltd.’s acquisition of Empire Petroleum Partners, LLC [October 07, 2020] ReadMore
35/2020-21 : Competition Commission of India (CCI) approves acquisition of shares in CG Power and Industrial Solutions Limited by Tube Investments of India Limited [October 13, 2020] ReadMore
34/2020-21 : Competition Commission of India (CCI) approves acquisition of solar energy generation assets of Adani Green Energy Ten Limited (AGE10L) by Adani Green Energy Twenty-Three Ltd (AGE23L), under Section 31(1) of the Competition Act, 2002 [October 13, 2020] ReadMore
Federal Trade Commission (FTC) acts to Shut Down Unlawful Debt Collection Operation [October 15, 2020] ReadMore

Government considering changing price formula for domestic natural gas: ONGC chairman [October 09, 2020] ReadMore
Government allows Reliance, others to sell gas to affiliates; Focus [October 08, 2020] ReadMore
Government puts gas under standard bidding route for transparent price discovery [October 08, 2020] ReadMore
Government mulls domestic gas floor price system to protect explorers' margin [October 06, 2020] ReadMore
Oil Ministry wants PSUs to build 50,000 houses for renting to migrant workers [October 11, 2020] ReadMore
Cess reduction to benefit upstream oil and gas companies: India Ratings [October 11, 2020] ReadMore
Delhi Government exempts electric vehicles from road tax [October 12, 2020] ReadMore
European Union (EU) considers binding methane emissions standards for gas [October 14, 2020] ReadMore

The Securities and Exchange Board of India (SEBI) comes out with framework to monitor foreign holding in depository receipts [October 01, 2020] ReadMore
Government open to launching Indian app store as an alternative to Google, Apple [October 02, 2020] ReadMore
Supreme Court (SC) asks Centre, Reserve Bank of India (RBI) to file Kamath panel suggestions, their decisions on loan moratorium [October 06, 2020] ReadMore
The Securities and Exchange Board of India (SEBI) asks listed cos to disclose forensic audit info to exchanges [October 09, 2020] ReadMore

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