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    Revival of Scooters India Limited, Lucknow
    Amendments to Regional Rural Banks (RRBs) Act, 1976
    Jet and Etihad Delegation meets Anand Sharma
    Approval for ONGC Videsh Limited's acquisition of participating interest in ACG Fields in Caspian Sea sector and BTC pipeline in Azerbaijan
    Determination of Fair and Remunerative Price payable by sugar mills for 2013-14 sugar season
    Vasan felicitates Selvi Prema
    Emerging Economies will be the Engine of Global Growth: Anand Sharma
    Anand Sharma Assures Review of Posco Project Meets UAE, Korean, Slovanian Ministers on the Sidelines of the Partnership Summit
    Anand Sharma Launches eBiz Portal Portal to Provide Secure one Stop Shop for all Investment and Business Related Information and Services 24X7
    Cabinet approves committee to probe Wal-Mart’s lobbying activities
    PARTNERSHIPS WILL ASSUME GREAT SIGNIFICANCE & WILL BE INSTRUMENTAL IN ACCELERATING ECONOMIC RECOVERY - VICE PRESIDENT VICE PRESIDENT ADDRESSES PARTNER...
    Anand Sharma meets Walmart CEO at Davos
    Steel Minister Presented with Bonus Share Certificate by MSTC Ltd.
    WTO DG Contenders call on Anand Sharma for India’s Support Top Global Business Leaders Positive about India’s Investment climate
    Revision in the norms for the scheme ‘Special Industry Initiative Scheme for Jammu & Kashmir (Udaan)’
    ITAT's note on department's General Grievances in the matter of representation and adjudication of cases fixed before each bench of ITAT Delhi
    Parliamentary Consultative Committee on Railways Meets Railway Minister for Balanced Development of Railway Related Facilities in the Country
    Shri Kapil Sibal Inaugurates the Sar and the NGN LABS
    Request for Proposal (RFP) for Evaluation Study of Plan Scheme “National Quality Campaign” carried out by Quality Council of India from consultant...
    Ministry of Information and Broadcasting Seeks Recommendations of TRAI for Further Reforms in the Cable Tv Sector
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    January 31, 2013
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    Revival package approval enabling capital infusion, loan restructuring and employee pay and retirement changes.
    Approval was granted for a revival package for Scooters India Limited combining capital infusion for capex and working capital with financial restructuring by waiver or conversion of Government loans and interest, together with implementation of revised employee pay scales and an increase in superannuation age.
    January 31, 2013
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    Strengthening RRB capital structure: amendments enable higher authorized and issued capital and fixed director terms.
    Amendments to the Regional Rural Banks Act, 1976 would raise statutory ceilings on authorized and issued capital and fix the term of non official directors appointed by the Central Government at not exceeding two years, thereby strengthening RRB boards and enhancing their capacity to meet rural credit needs and support financial inclusion.
    January 31, 2013
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    FDI liberalisation in aviation prompts industry briefings and government commitment to an enabling investment framework and dialogue.
    Liberalisation of foreign direct investment in the aviation sector is the central regulatory development referenced, with industry representatives briefing the government on prospective investments and strategic partnerships. A delegation from two major carriers outlined plans to expand operations and capital commitments in India following recent easing of the FDI regime, and the government reiterated an enabling stance. A forthcoming India-UAE High Level Task Force on Investment meeting is identified as a mechanism to facilitate bilateral investment dialogue and support cross border investor engagement.
    January 31, 2013
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    Authorization to acquire participating interest in ACG fields and BTC pipeline permits investment and expense authority to maintain approved exposure.
    Authorization was granted to ONGC Videsh Limited to acquire specified Participating Interests in ACG and the BTC pipeline, permitting the investment subject to adjustments including working capital and interest from the economic date, and authorizing OVL to incur expenses to maintain total exposure at the approved limit.
    January 31, 2013
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    Fair and Remunerative Price for sugarcane set with a recovery-linked premium mechanism ensuring remunerative returns to growers.
    Determination fixes the Fair and Remunerative Price for the 2013-14 sugar season by linking the base price to a specified basic recovery rate and prescribing a graduated premium for increases in recovery above that level. The FRP is declared under the Sugarcane (Control) Order 1966 and uniformly applicable nationwide to secure remunerative returns to growers while maintaining cropping and supply stability.
    January 28, 2013
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    Corporate social responsibility awards support education and community infrastructure through targeted EPL programmes and prizes.
    A minister presented a cheque to Selvi Prema for topping the national chartered accountancy exam; Ennore Port Limited, under ministerial direction, awarded the prize as part of its Corporate Social Responsibility programme. EPL frames this payment within a broader CSR strategy focused on educational infrastructure, village roads, transport and sanitation, skills upgradation, awards to promote education, support to orphanages and health services, and planned future projects in drinking water, health, sanitation, sports, vocational training and road building.
    January 28, 2013
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    Investment facilitation to fast-track high-value projects and reduce regulatory delays, aiming to catalyse private infrastructure investment.
    Emerging market economies possess advantages-expanding middle classes, demographic dividends and growing technical manpower-that can boost competitiveness as R&D rises, but face key structural constraints such as infrastructure deficits and regulatory delays. The Government has created centralized mechanisms to fast-track high-value projects and streamline clearances to attract private and foreign investment into infrastructure, promote frugal innovation, and leverage human capital to sustain growth and reduce poverty.
    January 28, 2013
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    Investment review assured for major foreign project, prompting diplomatic engagement and steps to expedite clearance and facilitation.
    Discussions secured assurances of an India-led review of project clearance for a major proposed foreign investment and agreement to convene the India-UAE High Level Task Force on Investment to advance infrastructure and facilitation measures; CEPA-driven trade gains were noted alongside targeted efforts in textiles and pharmaceuticals, and three MoUs were signed with Slovenia to deepen bilateral economic cooperation.
    January 28, 2013
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    Single window G2B portal centralises business regulatory services and automates multi-agency routing with an integrated payment gateway.
    The portal creates a Government-to-Business single window providing 24x7 access to consolidated regulatory services across Central, State and local governments; it is implemented as a Public Private Partnership with a designated nodal agency. It enables joined-up services by routing a single customer application across multiple agencies for permissions and registrations, and features an integrated payment gateway that centralises collection, apportions receipts to respective accounts, and generates challans and MIS reports. The first phase offers a License & Permit Information wizard for licensing guidance.
    January 28, 2013
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    Lobbying probe examines disclosures and potential contravention of domestic law by a multinational's reported activities.
    A one member committee is appointed to inquire into media reports on Wal Mart's disclosures before the US Senate about lobbying activities, to determine whether Wal Mart's activities in India contravene any Indian law, and to consider any other matters relevant or incidental, with a requirement to submit a report within three months.
    January 28, 2013
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    Global partnerships drive coordinated recovery and market realignment, with reforms and investment facilitation supporting inclusive growth.
    Global partnerships are essential to accelerate economic recovery by leveraging comparative advantages and coordinating policies between advanced and emerging economies. Multilateral and regional arrangements like the G-20 and the Regional Comprehensive Economic Partnership will reshape markets and trading blocs, requiring firms to adapt while balancing growth with sustainability and corporate social responsibility. Domestic measures cited to restore higher growth and employment include tax reforms, FDI liberalisation in retail and aviation, disinvestment in PSUs and a Cabinet Committee on Investments to speed infrastructure clearances.
    January 25, 2013
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    FDI in Multi Brand retail confirmed final; firms instructed to submit written clarification requests for regulatory clarity.
    The retailer expressed interest but is studying domestic conditions before announcing plans. The Minister affirmed that FDI in Multi Brand retail policy has finality and instructed the company to send any requests for clarification in writing to the Ministry, which committed to providing necessary clarifications.
    January 24, 2013
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    Bonus share issuance increases equity capitalization; MSTC declared a bonus issue citing improved profits and business volume.
    MSTC Ltd., a Mini Ratna CPSE under the Ministry of Steel, declared a bonus share issuance in the ratio of 3:1, issuing 59,29,800 equity shares of Rs.10 each and thereby changing equity distribution among existing shareholders; the announcement references the company's authorized and paid-up capital and links the bonus decision to improved profit before tax, higher business volume for 2011-12, and strong profit-per-employee metrics, while noting MSTC's e commerce platform promotes transparent price discovery.
    January 24, 2013
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    WTO leadership preference for a developing country DG focused on development, plus investor calls for clearer FDI and sector reforms.
    Four WTO Director General contenders sought India's support, prompting India to emphasise preference for a DG from the developing world committed to the development dimension and to discuss WTO accession bilaterally. Business leaders requested clarifications and consultation on the new Foreign Direct Investment policy for retail; industry representatives noted interest in Market Based Pricing, defence sector liberalisation, local sourcing requirements for manufacturing, and enactment of pending insurance legislation.
    January 24, 2013
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    Skill development scheme flexibility enables PSU participation, broader trainee eligibility and changed reimbursement conditions to improve placements.
    Modification of a centrally funded skill development scheme permits reallocation of funds across expense heads, allows Public Sector Undertakings to participate via CSR, and broadens eligibility to include three year engineering diploma holders and other educated youth. Reimbursement of fixed training costs is shifted to after a minimum of three months of employment; medical and accident insurance for trainees is provided. Companies contracting with the National Skill Development Corporation will assess skill gaps, design training modules, relocate trainees to facilities, and interview for placement, targeting forty thousand trainees over five years.
    January 23, 2013
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    Case fixation policy changed: new appeals not fixed on a set timeline and daily bench lists capped to reduce overload.
    The tribunal directs that the prior policy of fixing new appeals on the 60th day of filing be suspended and new appeals be kept pending and fixed in regular course. It further directs that cases fixed before each Bench daily should not exceed 20 except covered/group matters, and any excess regular cases on a day should be adjourned to the next available date after the Vice President's order; the department's grievance letter on manpower shortages and related representation issues is to be circulated to Members.
    January 23, 2013
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    Passenger fare revision justified to mobilize resources for sustaining railway infrastructure, safety and essential maintenance.
    Balanced development of railway facilities is the stated policy objective, while significant pending projects face completion risk because of resource constraints; a recent passenger fare revision was presented as necessary to mobilize internal funds to sustain ongoing projects, maintenance, and safety works. Concurrently the Ministry prioritises safety, punctuality and cleanliness through station-focused drives, bio-toilet installation, catering reforms, elimination of unmanned crossings, and coordination with States and forest departments, alongside measures to expand access and event security.
    January 22, 2013
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    SAR compliance strengthened as self-declared handset values face independent audit and regulatory amendment nationwide.
    The SAR lab will independently audit SAR values self-declared by mobile handset manufacturers and importers pursuant to the DoT memorandum, with TEC mandated to conduct audits and proposed amendments to the Indian Telegraph Rules to ensure strict compliance; the lab measures SAR across CDMA and GSM bands against international limits including the ICNIRP-derived metric and the 1.6 W/kg standard and will provide fee-based testing on request.
    January 18, 2013
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    National Quality Campaign evaluation RFP seeks independent assessment of scheme performance, implementation, and continuation recommendations.
    RFP invites empanelled research/consultancy institutes to conduct an independent evaluation of the National Quality Campaign implemented by QCI during the 11th Plan, assessing achievement of objectives, fund utilisation, financial versus physical outputs, timeline adherence and causes of slippage, activity quality and impact, and to recommend implementation improvements and continuation. The two phase methodology mandates desk review and field impact assessment; deliverables include draft and final reports within prescribed short timelines. Submission follows a Two Bid System with EMD, integrity certificate, technical scoring and a 70% technical/30% financial combined selection.
    January 18, 2013
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    Regulation of local channels: recommendations sought to define registration, eligibility and transmission limits under digitisation.
    The Ministry seeks TRAI's recommendations on a regulatory framework for local channels operated by cable TV operators/MSOs, including registration mechanisms, definitions, eligibility criteria, fees, terms and conditions, foreign investment and net-worth limits, security clearance requirements, and potential caps on the number of ground-based channels per operator, in light of digitisation and the constraints of the Digital Addressable System which currently limits carriage to MSO head-end signals while local channels are being networked beyond intended local areas.

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