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    Prime Minister Gives a Clarion Call for Further Strengthening of Cooperation between India and African Countries
    The Minister of State (MoS) for Finance and Corporate Affairs, Shri Arjun Ram Meghwal, says Corporate Social Responsibility (CSR) is getting mainstrea...
    HUDCO Initial Public Offering (IPO) over-subscribed by more than 79 times; Bids worth ₹ 97000 crores received for issue size of ₹ 1200 cro...
    Disruptive technologies in the ICT arena require distinct approach while analyzing from antitrust and regulatory perspective: Professor Renato Nazinni
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    May 23, 2017
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    Prime Minister's call for stronger India-Africa cooperation at African Development Bank meeting emphasizes development partnerships and financing.
    Prime Minister urged stronger cooperative ties between India and African countries at the African Development Bank annual meeting, emphasizing expanded development partnership and mutual economic opportunity. The Finance Minister referenced growth projections for India and improving African performance as rationale for enhanced financing and investment, while the African Development Bank President outlined the Bank's "High 5s" transformation agenda and the need for resources to implement priority programs.
    May 18, 2017
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    Corporate Social Responsibility mainstreaming under Companies Act now integrated into board-level governance and corporate compliance.
    Corporate Social Responsibility has been formalised as a board level governance requirement under the Companies Act 2013, making CSR an integral element of responsible corporate governance and corporate participation in national social development. The statutory mainstreaming requires corporate accountability and Board oversight, supported by capacity building, certified professional training, and institutional platforms to operationalise CSR compliance and practice.
    May 12, 2017
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    IPO oversubscription drives unprecedented demand for HUDCO offering, with wide category oversubscriptions and strong retail participation.
    HUDCO's IPO recorded exceptional investor demand with overwhelming oversubscription across Qualified Institutional Buyers, Foreign Institutional Investors, non-institutional and retail categories. The offering drew the largest number of individual ASBA applications since ASBA became mandatory. The issue operated with a fixed price band, retail and employee discount, a designated employee reservation and a substantial portion of the net offer reserved for Qualified Institutional Buyers within a limited subscription window.
    May 4, 2017
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    Antitrust analysis for disruptive ICT must balance error costs to protect innovation and consumers in online platforms.
    Disruptive ICT technologies require a distinct regulatory and antitrust approach because online markets feature low switching costs and multi homing; both the competitive process and innovation must be protected. Error cost analysis is a key tool to weigh chilling effects on investment from false prosecution against consumer harm from false acquittal. Platform and product design are central in nascent markets, and policy measures like boosting digital literacy and careful policy anchoring support consumer welfare in imperfect markets.

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