Cairn Energy has filed a case in a U.S. district court to enforce a $1.2 billion arbitration award it won in a tax dispute against India. Cairn aims to enforce the award under international arbitration rules, commonly called the New York Convention. The Convention on the Recognition and Enforcement of Foreign Arbitral Awards is commonly
Recently, the Securities Appellate Tribunal (SAT) stayed the order passed by Securities and Exchange Board of India (SEBI) that had put a one-year ban on a retail company Chairperson and some other promoters from the securities market. Securities Appellate Tribunal: Key Points About: SAT is a statutory body established under the provisions of Section 15K of the SEBI Act, 1992. Location: Mumbai.
Recently a ‘Chadar’ was offered on behalf of the Prime Minister at the Ajmer Sharif Dargah of Sufi Saint Khwaja Moinuddin Chishti on the occasion of 809th Urs. The Urs festival is an annual festival held at Ajmer in Rajasthan which commemorates the death anniversary of Sufi saint Moinuddin Chishti. Securities Appellate Tribunal: Key Points About
The Prime Minister has laid the foundation stone of a Maharaja Suheldev memorial and the development work of Chittaura lake in Uttar Pradesh’s Bahraich district. Maharaja Suheldev: Key Points About Maharaja Suheldev: He was the erstwhile ruler of Shravasti in Uttar Pradesh’s (UP) Bahraich district, who ruled in the 11th century. He is known in history for waging guerrilla warfare against Mahmud Ghazni’s
The National Informatics Centre (NIC) has launched an instant messaging platform called Sandes on the lines of WhatsApp. NIC is under the aegis of the Ministry of Electronics and Information Technology. It provides network backbone and e-Governance support to the Central Government, State Governments and UT Administrations. Sandes: Government Instant Messaging System – Key Points Sandes App: About: