Companies Law Committee
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Crypto Industry Criticises Lack of Bank Support for Cryptocurrencies, Asks RBI to Define Crypto-Banking Relations
The crypto industry in India has once again asked the Reserve Bank of India to define the status of the banking with crypto firms in the country. These companies have highlighted the moves taken by financial authorities in the world, who have begun to define the parameters that banks need to follow before growing their relationships with the crypto...
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Binance CEO Richard Teng Summoned in Nigeria Over Money Laundering Suspicions: Report
Nigeria’s House of Representatives Committee on Financial Crimes has reportedly summoned Teng on suspicions of the exchange’s potential involvement in money laundering and terror financing. The deadline for this meeting was supposed to be March 4, but news about this meeting having taken place hasn't yet come to light.
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Australian Lawmakers Recommend Potential WeChat Ban on Government Devices
A senate committee in Australia has recommended a swathe of rules and restrictions for social media platforms, including potentially banning WeChat on government devices. Companies like TikTok and WeChat posed "unique national security risks" because their parent companies, ByteDance and Tencent, are headquartered in China and subject to its nation...
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"May Take Action" If There Is Unbridled Hike In Air Fares, Says Government
The Ministry of Civil Aviation (MoCA) has advised top officials of airline companies that the government will be forced to take concrete action if there is an unbridled hike in air fares, especially in the sector where Go First has stopped operation.
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Reliance Jio Gets NCLT’s Nod to Acquire Reliance Infratel
Reliance Jio has received the National Company Law Tribunal (NCLT)’s approval for the acquisition of Reliance Infratel (RITL). The tribunal asked Jio to deposit Rs 3,720 crore in the State Bank of India (SBI) escrow account to complete the acquisition of RCOM's tower and fibre assets.
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Facebook Threatens to Block News Content in Canada Over Upcoming Compulsory Revenue-Sharing Bill
Facebook on Friday warned that the company could block news sharing on the platform over the upcoming Online News Act, legislation that will force platforms like Meta's Facebook and Alphabet's Google to negotiate commercial deals and pay news publishers for their content. A similar law was passed in Australia last year, and the bill is currently un...
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Supreme Court Notice to Centre on Petition That Seeks to Regulate Facebook, Twitter
A Supreme Court bench comprising Chief Justice S A Bobde and Justices A S Bopanna and V Ramasubramanian has issued notices to the Centre and others on a petition that seeks framing of a law to regulate social media platforms like Facebook and Twitter. The petition seeks to make social media companies responsible for fake news and hate speech on the...
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Big Tech Report: US Lawmakers Detail Market Abuses and Press for Strict Reform
A US House of Representatives panel looking into abuses of market power by four big technology companies found they used "killer acquisitions" to smite rivals, charged exorbitant fees and forced small businesses into "oppressive" contracts in the name of profit.
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Facebook, Google, Twitter CEOs to Testify Before US Senate Committee
The chief executives of Facebook, Twitter and Alphabet-owned Google have agreed to voluntarily testify at a hearing before the Senate Commerce Committee on October 28 about a key law protecting internet companies
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Nissan Panel Says Facts Point To Legal Violations By Ousted Chairman
An external committee reviewing governance at Nissan Motor Co said on Wednesday there were enough facts to suspect violations of laws and the private use of company funds by ousted chairman Carlos Ghosn.
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Crypto Industry Criticises Lack of Bank Support for Cryptocurrencies, Asks RBI to Define Crypto-Banking Relations
The crypto industry in India has once again asked the Reserve Bank of India to define the status of the banking with crypto firms in the country. These companies have highlighted the moves taken by financial authorities in the world, who have begun to define the parameters that banks need to follow before growing their relationships with the crypto...
-
Binance CEO Richard Teng Summoned in Nigeria Over Money Laundering Suspicions: Report
Nigeria’s House of Representatives Committee on Financial Crimes has reportedly summoned Teng on suspicions of the exchange’s potential involvement in money laundering and terror financing. The deadline for this meeting was supposed to be March 4, but news about this meeting having taken place hasn't yet come to light.
-
Australian Lawmakers Recommend Potential WeChat Ban on Government Devices
A senate committee in Australia has recommended a swathe of rules and restrictions for social media platforms, including potentially banning WeChat on government devices. Companies like TikTok and WeChat posed "unique national security risks" because their parent companies, ByteDance and Tencent, are headquartered in China and subject to its nation...
-
"May Take Action" If There Is Unbridled Hike In Air Fares, Says Government
The Ministry of Civil Aviation (MoCA) has advised top officials of airline companies that the government will be forced to take concrete action if there is an unbridled hike in air fares, especially in the sector where Go First has stopped operation.
-
Reliance Jio Gets NCLT’s Nod to Acquire Reliance Infratel
Reliance Jio has received the National Company Law Tribunal (NCLT)’s approval for the acquisition of Reliance Infratel (RITL). The tribunal asked Jio to deposit Rs 3,720 crore in the State Bank of India (SBI) escrow account to complete the acquisition of RCOM's tower and fibre assets.
-
Facebook Threatens to Block News Content in Canada Over Upcoming Compulsory Revenue-Sharing Bill
Facebook on Friday warned that the company could block news sharing on the platform over the upcoming Online News Act, legislation that will force platforms like Meta's Facebook and Alphabet's Google to negotiate commercial deals and pay news publishers for their content. A similar law was passed in Australia last year, and the bill is currently un...
-
Supreme Court Notice to Centre on Petition That Seeks to Regulate Facebook, Twitter
A Supreme Court bench comprising Chief Justice S A Bobde and Justices A S Bopanna and V Ramasubramanian has issued notices to the Centre and others on a petition that seeks framing of a law to regulate social media platforms like Facebook and Twitter. The petition seeks to make social media companies responsible for fake news and hate speech on the...
-
Big Tech Report: US Lawmakers Detail Market Abuses and Press for Strict Reform
A US House of Representatives panel looking into abuses of market power by four big technology companies found they used "killer acquisitions" to smite rivals, charged exorbitant fees and forced small businesses into "oppressive" contracts in the name of profit.
-
Facebook, Google, Twitter CEOs to Testify Before US Senate Committee
The chief executives of Facebook, Twitter and Alphabet-owned Google have agreed to voluntarily testify at a hearing before the Senate Commerce Committee on October 28 about a key law protecting internet companies
-
Nissan Panel Says Facts Point To Legal Violations By Ousted Chairman
An external committee reviewing governance at Nissan Motor Co said on Wednesday there were enough facts to suspect violations of laws and the private use of company funds by ousted chairman Carlos Ghosn.
