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Entry of women in Sabarimala temple: SC refers matter to 5-judge constitution bench
Posted on 13th October 2017
The Supreme Court, on Friday, referred to a five-judge Constitution bench the matter pertaining to a ban on the entry of women at Kerala’s Sabarimala temple. A bench comprising Chief Justice of India Dipak Misra and Justices R Banumathi and Ashok Bhushan passed the order.

A petition was filed in the Supreme Court by the Indian Young Lawyers Association challenging the custom of the temple to bar entry of women in the 10-50 age bracket (of menstruating age), saying it was discriminatory. The Kerala High Court had upheld the custom in 1991.

In February this year, the Supreme Court reserved its order in the matter and asked the concerned parties to file a written submission which should fall under the Constitutional framework.

In Kerala, the state’s LDF government had in 2007 favoured the entry of all age groups of women into the shrine, but the UDF government later opposed this. The LDF, which came back to power in 2016, has returned to its old stand favouring entry.


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Sebi may tighten AIF regulations to better monitor the source of funding
Posted on 22nd February 2018
The Securities and Exchange Board of India (Sebi) plans to tighten present Alternative Investment Funds (AIF) regulations to better monitor the source of funding and their end use.

According to sources, Sebi may check the anti-money laundering policies implemented by AIFs and examine the sanctity of any back-end arrangements an AIF may have with its investors, whereby money raised in AIFs is invested back in entities owned by the investors.


Qualcomm, Microsoft offer 'always connected' PCs with smartphone features
Posted on 22nd February 2018
Global chip-maker Qualcomm Technologies and Microsoft have collaborated with leading retailers from across the world to offer new "always connected" Windows 10 PCs powered by the Qualcomm Snapdragon Mobile PC Platform.

Retailers in the US, Australia, China, Italy, France and the UK will offer a range of new Windows 10 PCs from Asus, HP and Lenovo, the companies announced on Thursday.


Sensex slips 144 points ahead of F&O expiry
Posted on 22nd February 2018
MUMBAI: The benchmark BSE Sensex fell over 144 points in early trade as investors turned cautious ahead of February derivatives expiry amid sustained foreign fund outflows and mixed Asian cues.

The 30-share index, which had gained 141.27 points in the previous session, slipped 144.23 points, or 0.42 per cent, to 33,700.63.


M&M pact for auto technology
Posted on 22nd February 2018
Calcutta: Close on the heels of picking up a 16 per cent stake in Zoomcar for Rs 176 crore, domestic automobile major Mahindra and Mahindra (M&M) has zeroed in on another automotive technology firm, Carnot Technologies Private Limited.

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Idea QIP price at a marginal discount
Posted on 22nd February 2018
Mumbai: Idea Cellular has fixed an issue price of Rs 82.50 per share for the sale of shares through a qualified institutional placement (QIP).

The QIP issue will raise as much as Rs 3,500 crore.


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