Mumbai: The Bombay High Court recently voiced its concern over the ‘misuse’ of ‘maternity’ benefits by working women. The court observed that if women claim these benefits during the entire gestational period, then it would defeat the very purpose of the Maternity Benefits Act. A division bench of Justice Satyaranjan Dharmadhikari and Justice Bharati Dangre was hearing a writ petition filed by Navi Mumbai-based Laxmi Yadav (35).
Emotions are given to us for our benefit. In fact, everything in this world is for our benefit. It is the use or misuse of worldly objects that brings about positive or negative results.
Bhopal: Madhya Pradesh Human Rights Commission has stated that the misuse of Commission’s name should be totally stopped. It was brought to the notice of the Commission that certain NGOs have been misusing Commission’s name. This has made the Commission issue these directives. The Commission has also said that legal action will be taken if anyone is misusing Commission’s name and it must also be brought to the notice of the Commission.
Mumbai : Allaying concerns about any further misuse of Participatory Notes, market watchdog the Securities and Exchange Board of India (Sebi)’s Chairman U K Sinha has said Indians can no longer use these offshore instruments, even indirectly, and a strong safety net has been put in place to check any routing of black money.
New Delhi : Continuing its crackdown on misuse of stock exchange system for tax evasion, regulator Sebi barred 22 brokers from securities market for executing ‘reversal trades’ worth over Rs 8,100 crore to generate fictional profits or losses. However, these trading members would be allowed to function as stock brokers on behalf of their existing clients in the cash segment. But, they cannot sign any new client. The latest directive follows an interim
Mumbai : In a stern warning, regulator Sebi has said anyone trying to manipulate the markets with new-age trading technology tools would be slapped with strong penal measures and a new framework is being put in place to tackle cases like organised cyber attacks from abroad.
New Delhi : Pulling a chain to stop a train will soon be thing of the past as the Railways has decided to do away with it as the facility was prone to regular misuse and led to loss of revenues to the public transporter.
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