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SBI To Establish Work-From-Anywhere Policy, Aims to Save Rs 1,000 Crores in Costs
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SBI To Establish Work-From-Anywhere Policy, Aims to Save Rs 1,000 Crores in Costs Like

Team SoOLEGAL   |   16 Jul 2020 10:44pm

Due to the corona-virus pandemic, the nation’s biggest lender, commercial bank State Bank of India (SBI) is set to now establish a work-from-anywhere policy and with this move, it anticipates retaining Rs 1,000 croreIn conversation with shareholders at SBI’s 65th annual general…

Railways Float Fresh Tender for Surveillance Cameras With Coronavirus Specific Features
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Railways Float Fresh Tender for Surveillance Cameras With Coronavirus Specific Features Like

Team SoOLEGAL   |   16 Jul 2020 10:36pm

On Tuesday, 14th July 2020, Railways floated a fresh tender for thermal coronavirus surveillance cameras, dropping a clause that led to Indian firms saying it favored a Chinese firm while making it imperative for vendors to list each item's country of origin.RailTel, a Railway PSU, last month floated the tender…

RP Sanjiv Goenka Group Acquires 51 percent stake In Digital News App -Editorji
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RP Sanjiv Goenka Group Acquires 51 percent stake In Digital News App -Editorji Like

Team SoOLEGAL   |   16 Jul 2020 10:28pm

On Wednesday,15th July 2020, the RP-Sanjiv Goenka Group said it has acquired a majority stake in the video-based news app Editorji Technologies Pvt Ltd, a move that marks its foray into the digital media space.RP-Sanjiv Goenka (RPSG) Group acquired 51 percent stake through a combination…

DDA provides extension for payment of additional FAR charges till Dec 31st
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DDA provides extension for payment of additional FAR charges till Dec 31st Like

Team SoOLEGAL   |   16 Jul 2020 10:18pm

As a relaxation measure in view of the COVID-19 pandemic, Delhi Development Authority decided to extend the time for payment of additional floor area ratio (FAR) and use conversion charges on reduced rates up to December 31, the officials said. The land-owning agency,…

SC asks Madras High Court to decide on Tamil Nadu's plea for OBC quota in medical admissions
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SC asks Madras High Court to decide on Tamil Nadu's plea for OBC quota in medical admissions Like

Team SoOLEGAL   |   16 Jul 2020 10:01pm

The Supreme Court on July 13 asked Madras High Court to decide on merits, the petition against the Centre's decision not to grant 50 percent quota to OBCs in medical seats surrendered by the state in all India quota in Tamil Nadu.A bench of…

Yes Bank Receives Rs 4,500 Crore From Anchor Investors Ahead Of Follow-on Public Offer
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Yes Bank Receives Rs 4,500 Crore From Anchor Investors Ahead Of Follow-on Public Offer Like

Team SoOLEGAL   |   16 Jul 2020 9:51pm

Private sector commercial bank, Yes Bank on July 14, 2020, accumulated Rs 4,500 crore from anchor investors before its follow-on public offer that begins on July 15, 2020, investment banking informants explained.The company has decided the price band to be at Rs…

SC seeks Center’s reply on Jharkhand plea against coal block auction for commercial mining
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SC seeks Center’s reply on Jharkhand plea against coal block auction for commercial mining Like

Team SoOLEGAL   |   15 Jul 2020 11:42pm

The Supreme Court issued a notice to the Central Government on Tuesday (14th July) seeking reply to the concerns raised by the Jharkhand Government through a plea against auction of coal blocks for commercial mining. The apex court has given…

Allahabad High Court Terms U.P.’s Recovery of Damages Ordinance Arbitrary [READ ORDER]
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Allahabad High Court Terms U.P.’s Recovery of Damages Ordinance Arbitrary [READ ORDER] Like

Team SoOLEGAL   |   15 Jul 2020 10:34pm

Recently, A PIL challenging the constitutional validity of the Uttar Pradesh Public and Private Property Damages Recovery Ordinance, 2020, was filed before the Allahabad High Court.  Two practicing High Court Lawyers, along with a social activist and a journalist, filed the lawsuit, alleging that the Law defeats the "de-escalation of violence" purpose."The impugned…

Functioning of Delhi High Court And District Courts Suspended Until 31 July [READ ORDER]
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Functioning of Delhi High Court And District Courts Suspended Until 31 July [READ ORDER] Like

Team SoOLEGAL   |   15 Jul 2020 10:27pm

In view of the extension of the national lockdown, the Delhi High Court agreed to proceed with the new system of restricted functioning. According to the decision of the Delhi High Court Administrative and Supervisory Committee, the restrictive operation of the tribunals subordinated to the High Court will…

MHA Order directing Employers to Pay Salaries in Lockdown Not Applicable To those Unemployed Before Lockdown: Bombay HC [READ ORDER]
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MHA Order directing Employers to Pay Salaries in Lockdown Not Applicable To those Unemployed Before Lockdown: Bombay HC [READ ORDER] Like

Team SoOLEGAL   |   15 Jul 2020 10:15pm

The Bombay High Court held that an order passed by the Union Ministry of Home Affairs under the Disaster Management Act compelling all states and union territories to ensure that all employers pay their employees’ salaries without any deduction during the lockdown does not apply to…

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