Overcoming Board Evaluation Challenges in Indian Companies
Board evaluations in India are crucial for ensuring effective governance and strategic oversight. However, the board evaluation process is fraught with challenges that can undermine its effectiveness and purpose. From the influence of family ownership to the struggle between regulatory compliance and genuine assessment, these challenges require careful navigation. This article explores the key hurdles […]
Minimally Invasive Heart Valve Replacement at Thiruvananthapuram Medical College
Heart valve replacement by transcatheter aortic valve implantation without surgery at Thiruvananthapuram Medical College. A 66-year-old resident of Thiruvananthapuram, had a heart valve transplant due to aortic valve stenosis. The valve was replaced through the carotid artery in the neck, as opposed to normal, because the blood vessels in the patient’s legs are narrow. This is the second case of heart valve replacement through the neck in Kerala. The patient is recovering.
“Kerala Breaks New Ground with Release of India’s First District-Level Antibiogram”
Kerala has become the first state to roll out the country’s first district-level antibiogram through a strengthened hub and spoke model as part of CARSAP (Kerala Antimicrobial Resistance Strategic Action Plan) to prevent overuse of antibiotics. Antibiogram was released by Ernakulam district. AMR in all districts and blocks. Committees were formed in Kerala for the first time in the country. As a result of their work, Ernakulam district was able to release it. District-level antibiogram was released by Health Minister Veena George in the CARSAP review meeting. World AMR In connection with the awareness week and as part of the Antibiotic Literate Kerala project, the minister also released a book coordinating the activities done by Kerala so far.
Innovative Financing Scheme Launched by Goa Govt to Enhance Climate Resilience
The Chief Minister of Goa announced that the state is now more confident in achieving its climate goals, thanks to the establishment of a Blended Finance Facility in partnership with the World Bank. This announcement was made during the signing of Memoranda of Understanding (MoUs) between the Department of Environment and key financial institutions such as NABARD, SIDBI, and PFC. The occasion was the inaugural session of the ‘India Climate and Development Partners’ Meet,’ a conference organized by the World Bank and the State Government, held in Panaji.
DRIP Project in Tamil Nadu Earns Global Recognition
Tamil Nadu Water Resources Department, has been conferred and honored with “Excellence Award for Institutional Strengthening Initiative and Dam Safety under Dam Rehabilitation and Improvement Project (DRIP)” of World Water Awards 2023-2024 by the Water Digest Water Awards Organization.This recognition highlights the department’s commendable efforts in enhancing institutional capabilities and ensuring the safety of dams under the Dam Rehabilitation and Improvement Project (DRIP). This accolade underscores the department’s commitment to excellence in water resource management, further solidifying its position as a leader in the field
IIT Madras hosts technology-led National CSR Summit
The Indian Institute of Technology (IIT) hosted the IIT Madras National CSR Summit – “Building India 2047: Technology for a Brighter Future” on its premises today, February 17. The event, as detailed in a press release from the institute, centered around leveraging technology for positive social change. The flagship corporate social responsibility (CSR) Summit brought together stalwarts from corporate India to address prevailing societal challenges and enable collaboration through scalable and sustainable technological solutions towards Viksit Bharat @2047.
Consultation paper on easing business initiatives for Portfolio Managers
The consultation paper by SEBI underscores the regulator’s commitment to fostering a conducive environment for Portfolio Managers. By soliciting public feedback, SEBI aims to ensure that regulatory reforms align with industry needs while promoting transparency and efficiency in the financial sector. It’s a step towards a more robust and business-friendly regulatory framework, ultimately benefiting both investors and market participants alike.
Investors are urged to conduct due diligence and verify the registration status of any entity claiming to be a SEBI-registered intermediary
Investors are urged to conduct due diligence and verify the registration status of any entity claiming to be a SEBI-registered intermediary.
Report on Framework for Use of Mediation under the Insolvency and Bankruptcy Code, 2016
The report recommend a mediation
framework for use in various processes under the Code.
Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2024
After the receipt of resolution plans in accordance with the Code and these regulations, the resolution professional shall provide the fair value, the liquidation value and valuation reports to every member of the committee in electronic form, on receiving an undertaking from the member to the effect that such member shall maintain confidentiality of the fair value, the liquidation value and valuation reports and shall not use the information contained in the valuation reports to cause an undue gain or undue loss to itself or any other person.
