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CIC RECOMMENDATIONS
Tata Sons IPO: Why Tata Chemicals may be the biggest beneficiary although Tata Motors, Tata Steel own bigger stakeTata Sons’ potential IPO and internal governance dispute are driving volatility across Tata Group stocks, with Tata Chemicals seeing the sh...
TCS, Tata Chemicals, other group stocks zoom up to 14% on Tata Sons IPO nod, N Chandra’s term extensionTata Sons has granted Chairman N Chandrasekaran a five-year extension, setting the stage for the long-awaited initial public offering of th...
Tata Sons IPO buzz adds Rs 17,200 cr to m-cap of 5 group stocks. Who gains most?Renewed Tata Sons IPO hopes sparked a sharp rally in five Tata Group stocks, adding over Rs 17,200 crore to their combined market value in ...
Tata Group stocks: TCS, Tata Motors, Tata Chemicals rally up to 20% as RBI rejects Tata Sons’ CoR surrender; Tata Sons IPO back in spotlightIn a significant move, the Reserve Bank of India has denied Tata Sons' proposal to relinquish its registration, bringing the spotlight back...
Board exam answer sheets: CIC tells CBSE to charge as per RTI Rules, amend circularThe Central Information Commission ordered CBSE to charge RTI photocopying fees strictly as prescribed. It also directed the board to amend...
Air India B787 engine shutdown: GE expanded inspections after 2023 incident, DGCA tells CICGE Aerospace expanded engine inspection requirements after an Air India 787-8 incident. The Directorate General of Civil Aviation confirmed...
Global Market: Shein valuation falls 70% from peak as Hong Kong IPO targets $1.77 billionShein launched its Hong Kong IPO at a valuation of up to $27 billion, around 70% below its 2022 peak, as slowing growth, rising costs and r...
Global Markets: Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPOShein is set to launch its Hong Kong IPO with an ambitious goal of raising up to $1.8 billion. However, the company's valuation has plummet...
Tata Investment, Tata Chemicals rally up to 7% after RBI classifies Tata Sons as upper-layer NBFCTata Investment Corp and Tata Chemicals shares rallied up to 7% after the RBI classified Tata Sons among the 16 upper-layer NBFCs, reviving...
UPSC optional marks row: RTI applicant, DoPT both warn of coaching institutes' misuse before CICA dispute over UPSC Mains marks disclosure has reached the Central Information Commission. An RTI applicant and the Department of Personnel...
CIC appointments: Govt sources counter Rahul Gandhi, say 5 of 8 shortlisted names from disadvantaged groupsA high-level panel has put forward five names from disadvantaged communities for Central Information Commission vacancies. This move counte...
Parliamentary panel flags large number of outsourced staff in CIC, asks SSC to look into itHighlighting a large number of outsourced employees in the Central Information Commission, a Parliamentary Committee has asked the Staff Se...
Rural masses most vulnerable to graft, spread awareness about RTI Act in rural areas: Parliamentary panelThe panel expressed concern over a large number of vacancies in the posts of Information Commissioners in state Information Commissions and...
RBI tightens norms for core investment companiesIt also restricted the number of layers of CICs within a Group, including the parent CIC) to two, in order to address the complexity in gro...
RBI working group calls for stronger corporate governance norms in Core Investment CompaniesThe group has also recommended formation of board level committees for audit and remuneration for CICs as well as group risk management com...
RBI’s panel suggests measures to strengthen core investment companiesThe working group recommended capital contribution by CIC in a step down CIC, over and above 10%, should be deducted from its net worth.
Give customers a free copy of credit profile: RBICustomers should be given a free copy of their credit profile as it would help in promoting financial discipline among loan seekers, an RBI...