However, the tribunal "has erred in not granting vital reliefs, including proportionate representation on the board of Tata Sons, and striking down of certain provisions in the articles of association, which were the tools of oppression that enabled prejudicial conduct by the majority shareholder," it said. … [Read more...] about SC issues notice to Tata Sons on cross-appeal of Mistry group firm against NCLAT order
Retired supreme court justices
The Supreme Court will hear on June 2 a plea which has sought a direction to the Centre to amend the Constitution and replace the word India with 'Bharat' or 'Hindustan', claiming it will "instill a sense of pride in our own nationality." The plea has sought a direction to the government to take appropriate steps to bring amendment in Article 1 of the Constitution, which deals with name and territory of the Union, to the effect that "the same refers to the country as Bharat/Hindustan, to the exclusion of India". … [Read more...] about SC to hear on June 2 plea seeking replacement of word India with ‘Bharat’
No matter how it plays out, however, Trump has sparked a larger debate about the responsibilities of online publishers to moderate user content—and that debate may evolve in unpredictable ways. Congress will almost certainly take up a thorough review of Section 230—especially since both Trump and Joe Biden have called for its repeal. And while Trump embracing this issue could drive sympathetic Democrats in the opposite direction, there’s a good chance that we’re seeing the beginning of the end of an era for Silicon Valley. Even if Congress takes a few years to overturn Section 230, the specter of revoking immunity alone will encourage the Federal Trade Commission and state attorneys general to speed up their existing antitrust investigations into the major platforms. However you look at it, change is coming. … [Read more...] about Trump vs. Twitter: Is there a silver lining in the Section 230 fight?
Thus, it is not the question of 'if and why culture matters' but 'how can we reform the culture,' as Kevin Stiroh, Executive Vice President of the New York Fed, said in a recent speech. He called for bankers and regulators to look at behaviours and outcomes from multiple perspectives as no one perspective will help address this "highly complex problem". Philip Lane, governor of Central Bank of Ireland says that as each firm has its own culture, no supervisor can prescribe culture. But regulators can monitor and assess culture within firms which are leading to higher risks that eventually harms customers. … [Read more...] about Opinion | The role of culture and values in financial crises
However, we have to take care to ensure that inconveniences that we are facing do not turn into disasters. Hence, it is very important for every Indian to follow all rules and guidelines. We have displayed patience so far and we should continue to do so. This is one of the important reasons for India being safer and in a better state than many other countries. This is a long battle but we have started traversing on the path of victory, and victory is our collective resolve. … [Read more...] about Modi 2.0: PM Narendra Modi pens letter on first anniversary of second term. Read full text