NCLT upholds Tata Sons’ 2016 move sacking Cyrus Mistry as Chairman
The petitioners, Cyrus Investments Pvt Ltd and Sterling Investments Group of the Shapoorji Pallonji Group had filed the plea against the Tata Sons directors and trustees of Tata Trusts, alleging abuse of articles of association by outsiders, the breakdown of governance and loss of ethical values.
GST Panel recommends no extra tax incentives for digital transactions
Another ministerial panel chaired by Sushil Kumar Modi on Reverse Charge Mechanism (RCM) recommended replacing the present Section 9(4) with a new Section 9(4) which will permit the government to notify specific class of registered persons who would be covered under RCM provision.
Himachal Pradesh Government bans the use of thermocol cutlery
The Himachal Pradesh government has issued a fresh notification banning the use of thermocol cutlery across the state. As per the notification, the use and sale of thermocol cutlery, including cups, plates, glasses and spoons will invite heavy penalty.
Samsung opens world’s largest mobile factory in India
Samsung has launched the world’s largest mobile factory in Noida, India. The factory will be officially inaugurated by Prime Minister Narendra Modi and visiting South Korean President on July 9, 2018.
17th World Sanskrit Conference to begin in Canada
The 17th World Sanskrit Conference will be inaugurated by Union Human Resource Development Minister Prakash Javadekar in Vancouver, Canada on July 19. The five-day event is expected to witness participation from more than 500 scholars and delegates from over 40 countries.
Dipa Karmakar becomes first Indian to win gold at Gymnastics World Cup
Dipa Karmakar has scripted history by becoming the first Indian gymnast to win a gold medal in the vault event of the FIG Artistic Gymnastics World Challenge Cup at Mersin, Turkey. The win comes as Karmakar returned to action after a long layoff of almost two years due to a knee injury.
New five-judge constitution bench to hear the challenge to Section 377 of IPC
A newly re-constituted five-judge constitution bench will begin hearing of four crucial matters, including the much-contested case challenging the Constitutional validity of Section 377 of Indian Penal.