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TimeLine Layout

May, 2019

  • 22 May

    AIOVA Appealed to NCLAT against CCI’S Order on Flipkart

    AIOVA is a group of over 2,000 sellers selling on e-commerce marketplaces such as Flipkart, Amazon, Snapdeal, etc. All India Online Vendors Association (AIOVA) challenged the order of CCI dated November 6, 2018, wherein they rejected the allegation of abuse of market dominance and the violation of the business practice …

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  • 22 May

    Regulatory Sandbox Framework- An Initiative Launched by SEBI & IRDAI

    SEBI and IRDAI have taken a similar initiative as was introduced by RBI in order to support the Fin-tech industry. RBI introduced a regulatory sandbox for startups to test their products and services. On May 20 SEBI introduced the same so as to create an atmosphere in the securities market …

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  • 22 May

    Flash Electronics accuse Royal Enfield of Patent Infringement in US court

    A New Delhi based Flash Electronics India Ltd. sued Country’s largest premium motorcycle manufacturer, Royal Enfield for infringement of a component called the regulator rectifier. It is an element that converts Alternating Current into Direct Current voltage to charge batteries, power headlights, light up instrument panel, thus driving the motorcycle’s …

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  • 22 May

    2 Tech giants seek clarity on e-commerce policies putting India on hold

    Terms of public policy of Amazon, Flipkart, Facebook, and TikTok are planning to meet senior officials of the Department for Promotion of Industry and Internal Trade(DPIIT), finance ministry and ministry of information technology.  The e-commerce policy talks more about data protection, which makes it mandatory for them to store all …

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  • 21 May

    DTH Firm Supports TRAI’s Move to Regulate OTT Applications

    elecom Regulatory Of India (TRAI) has now deflected their course into the applications which stream TV channel shows and if the same turn into reality, then, users will have to pay for viewing a similar content on TV by means of DTH/Cable substance. Recently DTH approached TRAI complaining  about the …

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  • 21 May

    Owner of 4 companies and Chanda Kocchar’s husband prosecuted by RoC

    Chanda Kochar’s husband who is the owner of four companies is being prosecuted recently by Registrar of Companies (RoC), which includes Pacific Capital Services Pvt Ltd, Chanda Urja Private Ltd and Supreme Energy. This is an outcome of a move after the regional MCA office in Mumbai held that the …

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  • 18 May

    WhatsApp sends cease and desist letters to bogus companies in India

    Companies in India claiming that they can aid people in sending out bulk messages on WhatsApp have been  warned to cease operations by the Facebook-owned messaging app on Thursday. It has recently been highlighted how political activists and digital marketers are bypassing restrictions on forwards with the help of counterfeit versions of …

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  • 18 May

    Indians likely to benefit as US unveils new immigration policy

    In a pathbreaking policy speech US President Donald Trump is geared up to announce a new proposal to refurbish the United state’s immigration policy that would give preference to foreigners based on merit rather than the present system that gives preference to family ties. This is being seen as a move that could end …

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  • 17 May

    NCLT directs SEBI to de-attach corporate debtor’s properties

    The Principal Bench of the National Company Law Tribunal (NCLT) has directed market regulator Securities and Exchange Board of India (Sebi) to de-attach the properties of a corporate debtor which were attached during the execution proceedings. “Sebi is directed to de-attach the properties of the corporate debtor and hand over …

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  • 13 May

    INDIA and DENMARK to be top investment destination and POLAND a promising market in the next 10 years

    The researcher of Fitch Solutions forecast in their research contends that the Indian Government’s drive to increase renewables capacity will see the country’s installed capacity more than double by 2028. Denmark’s move to an auction system and government plans for offshore capacity additions means it will steady growth in the …

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