[ad_1] In an office memorandum dated June 3, the government outlined new guidelines for arbitration and mediation in contracts related to domestic public procurement. While the memorandum ostensibly promotes mediation, it explicitly signals a shift away from arbitration for government undertakings. Consequently, once the current pipeline of arbitration cases dries out, future contracts are likely […]
After Chandipura virus deaths in Gujarat, Maharashtra health dept issues guidelines | Mumbai News
[ad_1] With the neighbouring Gujarat reporting 16 deaths due to Chandipura virus, the Public Health Department in Maharashtra has issued guidelines for dealing with such cases. The guidelines call for immediate referral of children under 15 years of age who show symptoms to nearby health facilities. An advisory in this regard was issued to all […]
Prudential Norms Strict Bad Loan Guidelines for NBFCs
[ad_1] RBI gives NBFCs more time to comply with stringent bad loan guidelines RBI gives more time to non-performing loans to non-bank lenders to comply with new norms NBFCs were advised to upgrade non-performing assets (NPAs) only after all interest dues and principal dues of credit facilities have been paid. Post Prudential Norms Strict Bad […]