For all those people who feel that the regulator is not doing a good job, well, see what happens even when they do! Peerless, Sahara, and the likes are great Indian companies. No regulator, or government can ever say that they are doing anything wrong, but nobody is sure also. They can get a license […]
A few days ago the Running Regulator was created, here are the draft regulations. Comments are invited from runners, doctors, photographers, hoteliers, shoe manufacturers, socks and other accessories manufacturers, spouses and parents of runners, coaches, physiotherapists, gym owners, drivers of cars supporting runners, and any other person who thinks about running, and all others. Rules […]
Yesterday the Parliament passed the Running Regulator Act, 2012. The Sports Minister said that as more than a Million people had taken to running in Mumbai city alone, and about 10 Million Indians are running all over India, there was a need to regulate the Running Movement. The Regulator will be headed by Mr. Y […]
A few of the industries that a common man deals with are in dire need of a Regulator. One of them is Real Estate. There is no common definition of words like built up, loading, super-built-up, charging for parking, brokerage for renting, brokerage for buying and selling. A builder does not have to tell the […]
If you thought the government was arbitrary in its conduct, well join the gang! The Supreme Court also thinks so… Actually to the sharp observer with a conscience the Vodafone and the P Chidambaram case were clear. It is sad that it had to go right up till the Supreme Court. In case of Vodafone […]
Who should decide on whether self regulation works? The other regulators? The MCA? The RBI? SEBI? …hmmm tough choice! The ICAI of course a well run body representing the interest of the C As. Well if this is what you think, you think wrong. Once you get in you realize that many of the regulators […]
Here is a cut paste from the SEBI circular of what happened at their meet today: In order to help Mutual Funds penetrate into retail segment in smaller towns, the distributor would be allowed to charge Rs. 100 as transaction charge per subscription. No charge can be made for investments below Rs. 10,000. An additional […]