Govt appoints Ravneet Kaur as CCI Chairperson
The appointment of Ravneet Kaur, a 1988 Punjab cadre IAS officer, will be for a period of five years from the date of assuming charge or till the date of attaining the age of 65 years or until further orders, whichever is the earliest, as per the order dated May 15. CCI Member Sangeeta Verma has been acting as the Chairperson since October last year. Key Points
Economic TimesRs 3,300-cr SBI loan fraud: SC stays Bombay HC order permitting private firm Chairperson to travel to UAE
The Supreme Court has stayed a Bombay HC order permitting Suman Vijay Gupta, Chairperson of Ushdev International Limited, to travel to the UAE after taking note of a case in which she is accused of defrauding SBI of Rs 3,300 cr. She is the Chairperson of a company which took a loan of Rs 3,300 cr. The CBI is investigating (the case). After the loan was declared an NPA, she renounced the citizenship of India and got the citizenship of Dominica, a top law officer said. Key Points
Economic TimesTrai recommendation on satcom spectrum, other subjects after Chairperson appointment
Trai is also working on several key subjects including framework for allocation of spectrum in E and V bands where telecom players and internet companies have been at loggerheads over methods to allocate spectrum. The Telecom Regulatory Authority of India will issue its recommendation on satellite spectrum allocation methodology and other pending matters after the appointment of a regular chairperson, an official source said. Key Points
The Tribune IndiaHuge responsibility, says Sudha Murty while thanking PM for Rajya Sabha nomination
Former Infosys Foundation Chairperson Sudha Murty thanked PM Narendra Modi for nominating her to the Rajya Sabha on Women's Day. She expressed gratitude for the opportunity to serve her country and its people. Sudha Murty has a background in engineering and has been involved in various philanthropic initiatives. Key Points
Economic TimesRIL-Disney deal: Nita Ambani may be named chairperson
Nita Ambani is likely to become the Chairperson of the Star India-Viacom18 merged entity, with Uday Shankar as the vice chairperson. The merger deal is expected to be announced soon, and Reliance is set to invest $1-2 billion in the merged entity. Key Points
Economic Times
SC appoints former Delhi HC judge Justice Jayant Nath as interim Chairperson of DERC
The Supreme Court on Friday appointed former Delhi HC judge Justice Jayant Nath as interim Chairperson of Delhi Electricity Regulatory Commission (DERC). Earlier, on July 20, the top court had mulled over appointing an ad-hoc DERC chairman after the LG and the Delhi government failed to reach a consensus on who should head regulatory body. Key Points
Economic TimesHindenburg allegations against Adani Group duly investigated; Chairperson Buch disclosed, recused when necessary: SEBI
Mumbai, August 11 In its first comments following a new report by US-based short seller Hindenburg Research, capital markets regulator SEBI on Sunday said it has investigated all the allegations against the Adani group. Chairperson Madhabi Buch made relevant disclosures... Key Points
The Tribune10 Wise Quotes by Indra Nooyi on Leadership and Diversity
Indra Nooyi is an Indian-American business executive and former chief executive officer and Chairperson of PepsiCo. She has constantly ranked among the world's 100 most powerful women. Key Points
Times of India‘India's startup ecosystem among top 3 today’: PM Modi at India Mobile Congress
The 3-day IWC is taking place at the Bharat Mandapam convention centre in Delhi's Pragati Maidan. The venue also hosted September's G20 Summit. | Latest News India Key Points
Hindustan TimesCCI's resource woes: India's antitrust agency squeezed by staff vacancies, workload
The Competition Commission of India, which has imposed million dollar penalties on Alphabet Inc.s Google to Amazon.com Inc., is functioning with just two members — half the sanctioned strength and one short of quorum. Its also still missing a chairperson, four months after the previous Chairperson retired and seven months since the search for his replacement began. Key Points
Economic Times
Trinamool calls for resignation of women's commission chief Rekha Sharma, alleges bias
Rekha Sharma, Chairperson of the National Commission for Women, is accused by AITC of prioritizing BJP over safety, demanding her resignation. She responds to TMC's social media attack and meets West Bengal DGP over Sandeshkhali incident. Supreme Court refuses plea for CBI/SIT probe. 'Peace home' opens at Raj Bhavan. Key Points
Economic TimesHindenburg attacking Sebis credibility, indulging in character assassination of its chief: Chairperson Madhabi Puri Buch and husband Dhaval Buch
Mumbai, August 11 US-based short seller Hindenburg Research is attempting to attack Sebi's credibility and indulging in character assassination of its chairperson, Sebi chief Madhabi Puri Buch and her husband Dhaval Buch said on Sunday. In a detailed statement issued... Key Points
The Tribune3 IPOs under market regulator SEBI's scanner for inflating subscriptions
The development was confirmed by SEBI Chairperson Madhabi Puri Buch at an event. She also said that the market regulator is working on measures to put an end to such malpractices. Key Points
India TodayMallikarjun Kharge's name proposed as INDIA bloc chairperson: Sources
Mallikarjun Kharge's name has been proposed for the Chairperson of the Opposition INDIA bloc, sources told India Today. The development comes ahead of the Lok Sabha elections. Key Points
India TodayGovt invites applications for 10 NCLT members
Meanwhile, the Competition Commission of India (CCI), which got a new Chairperson recently, has invited applications for the post of secretary in the fair trade regulator. The post of the secretary has not been filled up since the departure of Sugata Ghosh Dastidar, who had joined the regulator in December 2020. Interested candidates must apply by August 7. Key Points
Economic Times
Election Commission asks Congress chief to clarify, rectify social media post on Karnataka's sovereignty
The Election Commission has sought clarification from Congress President Mallikarjun Kharge regarding the party's social media post on the sovereignty of Karnataka. A tweet posted on May 6 by the official Twitter handle of the Indian National Congress, attributed to Congress Chairperson CPP, Sonia Gandhi, had drawn a complaint from the Bharatiya Janata Party. The BJP alleged that any call to protect the sovereignty of a member state of the Union of India amounts to a call for secession. The Election Commission has now asked Kharge to clarify and take rectification measures in respect of the social media post. Key Points
Economic Times