-Outlook Gutka lobby protests stick’s escape Law On Their Side The tobacco industry has enough clout and money to secure the support of top politicians-cum-lawyers in courts: Arun Jaitley: ITC, market leader in cigarettes Ram Jethmalani and Abhishek Manu Singhvi: Dharampal Satyapal Ltd Kapil Sibal: Dhariwal industries *** Just about two months back, newspaper readers were taken aback by a series of front-page ads, one of which stated how 14 states had had banned...
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Lok Sabha paves way for setting up more banks
-PTI Parliament on Thursday paved the way for corporate houses to enter the banking sector by approving the banking bill, a key reform legislation pending for long. Parliament also passed the amendments to the debt recovery laws or Sarfesi law after a reply by finance minister P Chidambaram on the combined discussion on the two bills in Rajya Sabha. These two Bills -- Banking Laws (Amendment) Bill, 2012, and Enforcement of Security Interest...
More »Insurance Bill deferred to budget session
-The Hindu After having managed to push through the major reforms legislations such as the Banking and Companies Bills and also getting through with the 51 per cent foreign direct investment (FDI) in multi-brand retail, the UPA II dispensation will have to wait till the budget session of Parliament to get the Insurance Bill passed which seeks to raise the FDI cap in the insurance sector to 45 per cent. With the...
More »Civil society key to ensuring Internet free speech, says UN independent expert
-The United Nations The credibility of the Internet depends on how much civil society – the broad label given to worldwide activism outside government – is able to take part in its evolution, a United Nations independent expert said today. “Civil society participation is essential to ensure legitimacy of global discussions on the future of (the) Internet,” the Special Rapporteur on the right to freedom of opinion and expression, Frank La Rue,...
More »Lok Sabha passes companies, banking Bills-Asit Ranjan Mishra, Liz Mathew and Surabhi Agarwal
-Live Mint Consideration of land acquisition Bill deferred after opposition seeks more time to study new clauses India’s Parliament got down to business on Tuesday with the Lok Sabha passing two critical Bills, the Companies Bill, 2011, and the Banking Laws (Amendment) Bill, 2011, although it deferred consideration of the land acquisition Bill. The new Companies Bill, when it is enacted, is expected to improve the quality of corporate governance by strengthening...
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