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Charlie Munger, Investment Genius Who Helped Warren Buffet Build $783 Billion Empire, Dies At 99

Billionaire philanthropist and Berkshire Hathaway's Vice Chairman, Charlie Munger passed away at the age of 99 on Tuesday night in California. The news was confirmed in a statement released by Berkshire Hathaway, the multinational conglomerate chaired by Munger's close associate, Warren ...

Govt Extends Tenure, Of Company Law Committee By One Year

The government has extended the tenure of the Company Law Committee, which was constituted in 2019, by one year. The term of the panel which was set up by the corporate affairs ministry in September 2019, was extended last year also. ...

Government to Amend Competition Law; Proposes Settlement Framework, Reduced Time For M&A Approvals

The government on Friday proposed a raft of amendments to the competition law, including the introduction of a settlement framework, a reduction in the time limit for combination approvals and decriminalisation of certain contraventions. It will be the first time since ...

Russia Fines Apple, For Violating Data Storage Law

A Moscow court on Tuesday fined Apple 2 million rubles (about $34,000) for refusing to store the personal data of Russian users on servers in Russia, part of government efforts to control online activity. Zoom Video Communications and Ookla, which runs ...

Biocon Hires Law Firm, For Governance Review After CBI Arrests

Drugmaker Biocon Ltd has engaged an external law firm to do a comprehensive review of its governance processes involving consultants and vendors following the CBI making a few arrests over alleged bribes paid to a government drugs controller. Sources with knowledge ...

Take-Home Salary, PF Contribution & Work Hours, May Change From July 1

Since the Center intends to implement new labour laws starting on July 1 as per reports, the in-hand salary, contribution to the Employees' Provident Fund, and working hours may alter dramatically. Four new labour laws that the government has released are ...

Jailed For Doing Business: Over 26000 Indian Law Compliances With Imprisonment Clauses

Acts of sedition can attract a sentence of one to three years - a similar sentence can be given for not whitewashing latrines and urinals once every four months, according to a study detailing the imprisonment clauses plaguing the country's business ...

What is National Company Law Tribunal?

We as human beings are becoming more and more overzealous in our day to day lives. With the development of technology and the so-called sophistication of the life. To meet their self-requirements, they are indulging in cheating, malpractice and are following ...

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