Legal News Updates

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LAW AT MARKET    newnew

The country’s largest port developer Adani Ports and Special Economic Zone Ltd. (APSEZ) has executed a share purchase agreement with Larsen and Toubro Ltd. (L&T) to acquire 97% stake in Marine Infrastructure Developers Pvt. Ltd. (MIDPL), the developer and operator of Kattupalli Port near Chennai, for ₹1,950 crore.

India INX is now India’s first International Exchange set up at GIFT City and was inaugurated by Shri Narendra Modi, on 9th Jan, 2017. India INX offer a diversified portfolio of products and technology services at a cost which is far more competitive to Indian exchanges as well as other global exchanges. India International Exchange IFSC Limited (India INX) and India International Clearing Corporation IFSC Limited (India ICC) are wholly owned subsidiary of the BSE Limited. India INX and the India ICC have commenced mock trading from India INX’s data centre at GIFT City from December 17, 2016. The International exchange received final approval from Securities and Exchange Board of India (Sebi) on December 30, 2016. 

June 12, 2018 -WASHINGTON —Federal judge Richard J. Leon of United States District Court in Washington on Tuesday approved the blockbuster merger between AT&T and Time Warner, rebuffing the government’s effort to stop the $85.4 billion deal, in a decision The judge, observed that the Justice Department failed to prove that the telecom company’s acquisition of Time Warner would lead to fewer choices for consumers and higher prices for television and internet services. [Read more]  

Human cells resist gene editing by turning on defenses against cancer, ceasing reproduction and sometimes dying, two teams of scientists have found  reported in the journal Nature Medicine

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POLICY UPDATES

  1. The national level engineering and medical entrance examinations – JEE Main and NEET – will be held twice a year from 2019 in online mode. Henceforth Joint Entrance Examination (JEE) Main and National Eligibility cum Entrance Examination (NEET) will be held by newly formed examination conducting agency, National Testing Agency (NTA).
    Apart from NEET and JEE Main, NTA will also conduct National Eligibility Test (NET), Common Management Admission Test (CMAT) and Graduate Pharmacy Aptitude Test (GPAT) exams from now on.
  2. President Donald Trump and North Korean leader Kim Jong Un are set to meet face to face in Singapore to discuss denuclearization of the Korean peninsula. [12.06.2018] READ MORE.
  3. Pre-Iron age [2000 BCE] chariot found in an excavation in  Bagpat District of UP  gives ‘new dimension to the Indian history’. READ MORE …

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TRIBUNALS UPDATES

Cyberabad Updates
Computer & Information World Updates
  1. The Competition and Markets Authority (CMA) UK has turned the concept into a formal requirement for the nine largest current account providers in the UK (CMA9) with the launch of the Open Banking initiative.
  2. With the government to provide autonomous vehicle legislation by the second half of 2018, Singapore will be at the forefront of self-driving vehicles testing.