Author: Legal Parivar

Amid ongoing suspense over the name of Odisha new chief minister, the swearing-in ceremony for the maiden BJP government in the state has been rescheduled to June 12, 2024.

Former chief minister Manohar Lal Khattar and Gurgaon MP-elect Rao Inderjit Singh are among the Haryana BJP leaders expected to be inducted as Union ministers in the Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government. The new council of ministers is set to take oath on Sunday.

Coca Cola, the renowned beverage company, is set to expand its manufacturing capacity with a new greenfield plant in Telangana’s Peddapalli district, investing Rs 700 crore. This plant will be established by Hindustan Coca Cola Beverages (HCCB), the company’s wholly-owned bottling arm, which has already identified potential sites for the facility. During discussions with a delegation including Industries and IT Minister D. Sridhar Babu and R&B and Cinematography Minister Komatireddy Venkatreddy at Coca Cola’s headquarters in Atlanta, United States, Head of Fiscal Policy Jonathan Rief and other senior executives shared plans for the new plant. “This decision marks a significant…

The Stewardship Code for Insurers in India is designed to enhance the level of engagement between insurers and the companies in which they invest, promoting good corporate governance and ensuring long-term value for policyholders and stakeholders.

Under the Companies Act 2013, the majority rule principle enables shareholders holding more than 50% of voting rights to make crucial decisions.

Management and Ownership are two distinct yet interrelated concepts within the corporate world. Understanding the differences and interactions between these two can provide clarity on organizational structure, control, and accountability.

Corporate Governance refers to the system of rules, practices, and processes by which a company is directed and controlled.

The Union Public Service Commission (UPSC) has issued the admit card for the Civil Services Preliminary Exam 2024 on Friday, June 7. Scheduled for June 16, 2024, eligible candidates who have completed their registration for the prelims can access their admit cards via the official UPSC website at upsc.gov.in by using their login credentials.

Following a revision in the circuit filter, shares of One 97 Communications Ltd, the parent company of Paytm, experienced robust buying activity on Friday. Opening upside at ₹349 apiece on the NSE, the company’s shares surged to an intraday high of ₹381.30 per share. Notably, during this climb, Paytm’s share price hit the 10 percent upper circuit. The NSE recently updated the circuit filter for Paytm shares from 5 percent to 10 percent. Paytm attributed its Q4FY24 results to a temporary disruption affecting the company’s performance. After the announcement of Paytm’s Q4 results, global brokerages Bernstein and Morgan Stanley reported…

Shares of mining major Vedanta have surged more than four percent over the past two sessions following the approval of its demerger plans by a majority of its lenders. A senior Vedanta official, speaking in a bondholder conference call, stated, “I am happy to inform you all that we have secured over 52 percent, along with the additional percentage needed to reach 75 percent. Most of the lenders have given their approval.” Vedanta shares on NSE were trading at Rs 453.70 apiece, up by nearly one percent at 11.50 am. “Some lenders are awaiting their committee meetings, while others are…