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    Quality Council of India and National Small Industries Corporation Sign MoU to Strengthen Quality, Competitiveness and Market Access for MSMEs
    Insurance Division, DFS Secures 2nd Rank in Group A Category Grievance Redressal Assessment & Index (GRAI) for May 2026
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July 9, 2026
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MSME quality and market access get a boost through a joint certification, accreditation and digital commerce framework.
Quality Council of India and National Small Industries Corporation Limited entered into a Memorandum of Understanding to strengthen quality, competitiveness and market access for Micro, Small and Medium Enterprises through a unified support framework. The collaboration integrates ZED Certification, MSME Global Mart, the TEAM Initiative and the Single Point Registration Scheme to expand digital commerce access, export promotion, testing and accreditation support, and capacity-building for MSMEs and training institutions. A Joint Coordination Committee will oversee implementation during the five-year tenure of the MoU.
July 9, 2026
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Grievance redressal performance improves as financial services divisions rank high and expand complaint review and transparency measures.
The Department of Financial Services has remained among the top 10 ministries and departments in grievance redressal rankings, with the Insurance Division securing 2nd rank in Group A for May 2026 and the Banking Division ranking 6th. The Department is also conducting direct review of selected grievances and workshops on an effective grievance redressal framework to improve complaint resolution, transparency, and customer trust.
July 9, 2026
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Landlord consent requirement prevails over bank amalgamation in eviction disputes under rent control law.
Amalgamation of a tenant bank with another bank does not displace the requirement of written consent of the landlord under the Delhi Rent Control Act where the tenant has been assigned or has parted with possession of the premises. A banking scheme of amalgamation cannot override the rent control protection against subletting, assignment, or parting with possession without consent, and an involuntary merger does not confer immunity from the landlord-consent requirement.
July 9, 2026
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Valid service of summons on a foreign national requires due process, not deemed service at a relative's address.
Service of summons at an accused person's residence in India cannot be treated as valid or deemed service on his son who is a foreign national, is not an accused in the predicate offence or the money-laundering case, and has not resided at that address since 2017. The Enforcement Directorate was required to follow the procedure prescribed by law for serving a person living abroad, and service at the applicant's address was non est in law.
July 9, 2026
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Quarterly profit growth at TCS reflects rising revenues, stronger net income and continued employee expansion despite headwinds.
TCS reported a rise in quarterly net profit for the June 2026 quarter, with net profit, net income and revenues all showing year-on-year growth. The company also recorded a sequential increase in revenue from the previous quarter and added over 9,200 employees during the three-month period ending 30 June 2026.
July 9, 2026
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Special Economic Zone notification formalises semiconductor manufacturing and customs framework for export-oriented operations in Chhattisgarh.
The Government of India has notified a Special Economic Zone for the manufacture of semiconductors and electronic components at Mandir Hasaud, Nava Raipur, Atal Nagar, Chhattisgarh, covering 10.13 hectares comprising specified land parcels. The notification also constitutes the Approval Committee for the SEZ and appoints 6 July 2026 as the date from which the SEZ is to be deemed an Inland Container Depot under the Customs Act, 1962, establishing the customs and logistics framework for export-oriented operations.
July 9, 2026
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Rupee appreciation supported by RBI intervention, equity rebound and dollar selling despite crude and geopolitical pressure
The rupee appreciated modestly against the US dollar, supported by a rebound in domestic equities, dollar sales by state-run lenders and suspected RBI intervention. The currency moved within a narrow range before settling higher than the previous close, even as elevated crude oil prices, a stronger global dollar and heightened West Asia tensions continued to weigh on sentiment.
July 9, 2026
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Arbitration training and institutional dispute resolution take centre stage in IICA's expanded certified program.
The second batch of the Certified Arbitration Program was inaugurated as a flagship initiative aimed at building globally benchmarked arbitration professionals and strengthening institutional arbitration in India. The programme stresses enforceable arbitral awards, fairness of process, a code of conduct and sector-specific expertise as core elements of a robust arbitration ecosystem. It also reflects wider efforts to promote alternative dispute resolution, specialised training and practical arbitration skills through expanded module-based content and workshop-focused learning.
July 9, 2026
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Forced labour-linked tariff proposals face Indian criticism over inconsistent exemptions and arbitrary sourcing conditions
Forced labour-linked tariff proposals under the US trade framework drew Indian criticism for inconsistency, because the proposed approach was said to exempt a large number of items that cannot be produced or grown in the United States while still targeting imports linked to alleged forced labour concerns. India argued that such exemptions dilute the stated policy rationale of addressing forced labour in global supply chains and may not meaningfully prevent circumvention practices. India also objected to the textile-related tariff mechanism, stating that reduced tariff treatment based on the use of US-origin cotton and related inputs operates as an arbitrary sourcing requirement for foreign manufacturers.
July 8, 2026
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Fisheries value chain strengthening drives Odisha's export potential through collaboration, processing modernisation and species diversification.
Strengthening of fisheries value chain and export capacity in Odisha was emphasised through closer collaboration among fishers, fish farmers, exporters and cooperatives, along with coordinated action by the Centre, the State, research institutions, financial institutions and sector stakeholders. The focus was on harnessing the State's untapped export potential by improving production linkages, post-harvest systems and sector-wide organisation. Attention was given to capacity building, modernisation of processing facilities, diversification of fish species and fisheries products, and expansion of deep-sea and brackish water fishing to support higher exports, greater value addition and improved fisher incomes.
July 8, 2026
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Ease of Doing Business reforms propose time-bound approvals, simpler compliance and faster refunds to improve investor-friendly regulation.
A draft Ease of Doing Business law proposes time-bound approvals, deemed approvals, self-certification, third-party verification, risk-based inspections and removal of duplicate licensing requirements to reduce procedural hurdles and create a more investor-friendly regulatory environment. The cabinet also approved related industrial investment, payment security and tax reforms, including GST simplification, faster refunds and abolition of the redundant Commercial Tax Tribunal.
July 8, 2026
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Coal levy probe deepens as Ramgopal Agrawal is detained for questioning in linked corruption cases.
Congress leader Ramgopal Agrawal was detained by the Chhattisgarh Economic Offences Wing for questioning in the alleged coal levy matter and was also to be interrogated in connection with liquor and rice custom milling-linked cases. The agency said the action was based on documents, digital evidence, a seized diary and other records, and claimed that the diary contained entries of payments made in the name of "Congress Bhavan".
July 8, 2026
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Anti-money laundering action freezes party bank accounts amid alleged funds misappropriation investigation
Enforcement action under the Prevention of Money Laundering Act resulted in the freezing of three bank accounts of a political party containing substantial deposits, after searches in an alleged funds misappropriation matter. The action reflects use of the anti-money laundering framework to secure bank deposits linked to the investigation.
July 8, 2026
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Prevention of Money Laundering Act freezing of political party bank accounts follows alleged fund routing through related entities.
Freezing of bank deposits under the Prevention of Money Laundering Act arose from an ED investigation into alleged misappropriation and routing of funds through political party bank accounts and related entities. The agency stated that three bank accounts were frozen under Section 17(1A) because the deposits could not practicably be seized and needed to be secured from transfer or further dealing, subject to confirmation by the adjudicating authority. The investigation also concerned transfers to a private aviation group, purchase of aircraft and a helicopter, and alleged payments linked to aircraft usage.
July 8, 2026
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Bilateral investment treaty and free trade agreement talks advance as India and Maldives fast-track wider economic cooperation.
India and the Maldives have concluded negotiations for a bilateral investment treaty, with the text undergoing legal scrubbing before signature, while free trade agreement talks are being fast-tracked. The treaty is intended to promote and protect investments in each other's countries, and the trade discussions form part of a broader effort to reduce or eliminate import duties on goods traded between the two countries.
July 8, 2026
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Digital logistics integration through ULIP aims to improve transparency, efficiency and data-driven coordination in Punjab's supply chain ecosystem.
NICDC Logistics Data Services Limited and the Government of Punjab entered into a Memorandum of Understanding to support the digital transformation of Punjab's logistics ecosystem through the Unified Logistics Interface Platform. The partnership focuses on seamless exchange of real-time logistics data across departments to improve logistics visibility, operational efficiency, inter-departmental coordination, transparency and data-driven decision-making for industry stakeholders. ULIP is described as a unified digital gateway based on API integration across government systems.
July 8, 2026
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Premium Pan Asian dining drives Speciality Restaurants Limited's new Gong format with design-led hospitality and scalable growth.
Speciality Restaurants Limited launched Gong in Bandra as a premium Pan Asian dining concept combining progressive cuisine, immersive interiors and elevated hospitality. The restaurant is positioned as a future-ready format designed for higher average spend per cover, optimised space use and faster table turnover, reflecting the company's focus on innovation-led expansion and experiential dining.
July 8, 2026
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Export expansion and working-capital discipline support Taurian MPS's high-growth roadmap and stronger order-book visibility.
Taurian MPS Limited has outlined a growth strategy centred on achieving a revenue CAGR of over 50% over the next three years through stronger domestic and export order inflows, faster execution, expansion of its international dealer network and improved working-capital efficiency. The company says its current order book of about Rs 83.85 crore provides execution visibility, with domestic orders forming the larger share and export orders contributing the balance. These orders are expected to be executed over the next four to five months, subject to customer advances, final confirmations, site readiness and delivery schedules.
July 8, 2026
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Money laundering asset freezing under PMLA targets suspected bank deposits and linked transactions pending confirmation.
Freezing of bank deposits under the Prevention of Money Laundering Act operates where an asset cannot practicably be seized and must be protected from transfer or other dealing. An officer may issue a freezing order in respect of bank accounts containing suspected proceeds or linked funds, subject to confirmation by the adjudicating authority within the prescribed time. The investigation also concerns alleged routing of funds through related entities and purchases of aircraft and helicopter assets through connected transactions.
July 8, 2026
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Strategic AI alliance expands Claude across enterprise workflows, internal operations, and large-scale workforce training.
UST entered into a strategic alliance with Anthropic to integrate Claude models across UST's engineering environments, proprietary platforms, industry solutions and internal operations, with the objective of helping enterprise clients adopt trusted AI at scale. The collaboration extends to UST's own operations and includes plans to certify 20,000 associates worldwide on Claude, supported by Anthropic's enablement, technical guidance and certification.

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Corp. Laws / SEBI / IBC

4 Chandigarh University Law Graduates Become Judicial Officers, 244 Secure Jobs at Corporate Law Firms

July 23, 2026

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Over 1400 CU Law Students Undergo Internship at Supreme Court, High Courts, Top Law Firms & Judicial Institutions in 2025-26
CHANDIGARH, India, July 23, 2026 /PRNewswire/ -- With early career guidance and practical legal training being provided by Chandigarh University (CU) to its law students, four CU students have secured coveted positions as Civil Judges cum Judicial Magistrates and over 244 have been hired by various corporate law firms and legal branches of top law firms and private companies, in the past four years, in addition to hundreds of students practicing law in various courts including High Courts and Supreme Court.




Chandigarh University boosts employability of its law students by providing practical exposure to aspiring legal professionals and has facilitated internships for over 1,400 of its law students at some of India's most prestigious judicial and government institutions in the past one year, helping them gain practical experience in judicial proceedings, policymaking, legal research, litigation, and public administration for a successful career in the legal profession.


Sharing details, Deepinder Singh Sandhu, Senior Managing Director, Chandigarh University, said "Aastha Sharma, from the LLM Batch of 2019–2022 who secured 12th rank in the J&K Civil Services (Judicial) Examination, 2023, has been appointed as a Civil Judge in Jammu and Kashmir. Another standout student from the BBA LLB (Hons) program (Batch 2018–21), Jashanpreet Kaur, achieved success in the Punjab Judicial Services Examination and was appointed as a Civil Judge cum Judicial Magistrate in 2023. Vishwas Khatak, an LLB student of Batch 2017–20, cleared the Haryana Judicial Services Examination and was appointed as Civil Judge (Junior Division) cum Judicial Magistrate First Class in 2022. Anusha Raj, a student of LLM Batch of 2021-22, has secured position as Assistant Registrar at the Bihar State Legal Services Authority, Patna."
He said that this significant milestone is a testament to the university's industry-aligned curriculum, dedicated mentorship, and unwavering commitment to shaping the next generation of judicial officers. "Chandigarh University curriculum is aligned with judiciary and competitive exams, supported by mentoring, legal drafting practice, research training, and expert sessions by judges, senior advocates, and legal professionals. Going beyond traditional classroom teaching, our students get the opportunity to get regular interaction with sitting judges and legal professionals. These engagements give students a real-world perspective on the judiciary and help them take informed career decisions," he said.


Sandhu said Chandigarh University also has a robust placement program that serves as bridge between the legal profession and students.


"Our placement programs work regularly to generate placement and training opportunities for the students. Apart from practicing law in various courts, over 244 Chandigarh University students have also been hired by various corporate law firms and legal branches of top private companies, including TACT India Pvt. Ltd, Gurgaon; Equilaw Partners, New Delhi; MACS & Associates Chartered Accountants, New Delhi; IOTA Analytics, Mohali; Civic-Minds India Pvt Ltd, Mohali; Matani-Legal Private Limited, Kanpur, UP; EXO Edge India LLP, Mohali; LAW & LEGAL Chandigarh; Naks Legal, Delhi; PACER Digital India Pvt. Ltd ,Mohali; Steel Strips Ltd, Chandigarh; Virtual Admins , Mohali; Madar Financial, Noida; Assentio Mentium Law Offices, Ghaziabad, Delhi; Lawyered.in and Vidhi Chambers," he added.


Deepinder Singh Sandhu said that through the internships at the Supreme Court, Punjab and Haryana High Court, Union Ministry of Law and Justice, Punjab Human Rights Commission, Punjab State NRI Commission, Consumer Courts and prestigious law firms across the country, over 1400 Chandigarh University's law students have got the opportunity to gain first-hand experience of court proceedings, courtroom arguments, case management, research and functioning of judicial institutions, government bodies and law firms.


"This year, 14 of our law students got an internship opportunity at the Supreme Court, 305 students did an internship at High Courts at 15 States, 766 in District Courts across 19 States, 179 students did internships at lower courts, 79 did internships at 82 Corporate Law Firms in 8 States and 2 foreign countries South Africa and Zimbabwe, 5 students did internships at office or Chambers of Advocates, 21 did internship at legal branches of Multi-National Companies (MNCs), 5 at Non-Governmental Organisations (NGOs), 12 Students did internships with retired judges or government law officers, 8 in the Punjab Human Rights Commission, 6 in the Punjab State NRI Commission, 8 in the Punjab State Consumer Court, and 4 in the Punjab District Consumer Court. These internships serve as a strong foundation towards future Judicial Services Examination and distinguished legal careers of our students. The remarkable response from prestigious institutions for giving internships to our students reflects the quality of legal education at Chandigarh University," he said.


Deepinder Singh Sandhu added, "The objective of these internships is to strengthen students' practical legal skills and provide early professional exposure before they join the legal profession. Chandigarh University law students enrolled for the 5-Year Integrated Law Program complete a minimum of 20 weeks' internship, and students of the 3-Year Law Program complete at least 12 weeks' internship at various courts and tribunals, offices of practicing advocates, law firms, legal NGOs and legal departments of companies. To ensure that students gain practical exposure from the very beginning of their legal education, our one-month summer internship and 2-week winter internship programs start immediately after completion of the first year of our students at the university. These internship programmes bridge the gap between classroom learning and professional legal practice, while equipping them with the practical knowledge, confidence and skills required to excel in the legal profession."
He said that Chandigarh University facilitates unique legal specialization-based internships including Civil Law, Criminal Law, Corporate Law, Cyber Crime, Intellectual Property Rights (IPS), Arbitrations, Taxation, NGO and government legal bodies under the mentorship of reputed advocates and law firms, besides internships including stipend-based Internships for final year students under advocates ranging from Lower Courts, High Courts, Supreme Court, Corporate Law Firms as well as reputed Judges and government bodies.


About Chandigarh University
Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the fields of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.


Website address: https://www.cuchd.in/
(Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR

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