Adhering to a' one size fits all' approach could end up making an insignificant transaction appear as ‘material’, which clearly could not have been the intent behind the regulations. It would be meaningful to have a materiality threshold based on a percentage of net worth or turnover.
With the global economy on uncertain ground following fast changing geopolitical scenarios and the potential threat of new COVID-19 variants, 2022 is likely to be another challenging year for the banking sector.
The University Grants Commission (UGC) has formulated draft guidelines for transforming HEIs into multi-disciplinary institutions. These guidelines address areas like removing disciplinary boundaries, adding other disciplines/ departments, offering a four-year undergraduate degree and a Masters degree programmes with a research component, encouraging multi-disciplinary research, and the establishment of large multi-disciplinary HEIs in or near every district by 2030, as recommended by the NEP.
In the last two financial years, Omaxe claims to have repaid net Rs 550 crore to lenders as principal payment and reduced its debt form Rs 1400 crores to Rs 850 crore. It has also sold properties worth Rs1155 crore in the first nine months of FY 2021-22.
Unlike the submarine project which has at least reached the RfP stage, the proposal to acquire 110 aircraft has made little progress after the Request for Information (RfI) was issued by MoD to foreign manufacturers some time in 2018 for the purpose of gathering initial information required for adjudging suitability of the available aircraft.
A report by the World Business Council for Sustainable Development (WBCSD) and Flipkart reveals that 100% electrification of e-commerce delivery fleets is possible with a greater collaboration by ecosystem partners.
HAI claimed that the increased premium rates put all hotels at par and do not differentiate between the quality of risk undertaken, as no flexibility is offered to insurance companies to quote according to the risk category of the insured.
Masai School guarantees an internship with a stipend of up to Rs 60,000, else offering a 110% refund. The program will be rolled out by Masai through Prepleaf, which it has recently acquired, and will begin on May 16, 2022.
Amid fresh COVID-19 concerns in different parts of the country and apprehensions of a possible fourth wave of the pandemic, the Karnataka government had issued guidelines making wearing of face-masks and maintaining social distancing compulsory.
During the trial, the San Diego-based vaccine maker registered over 19,000 adult volunteers in Vietnam. Among these participants, there were individuals who are at higher risk of severe complications of COVID-19 disease.