Day May 22, 2020

[Editorial Analysis] Spit and shine

Mains Paper 2: International Prelims level: International Cricket Council Mains level: Challenges towards conducting sports events by International Cricket Council Context: • Amid the coronavirus pandemic, the cricket establishment has fired its latest salvo. • The technical committee of the…

Minimum Public Shareholding

• The Securities and Exchange Board of India (SEBI) has relaxed the 25 percent Minimum Public Shareholding (MPS) norm. About: • The rules have been relaxed for listed entities for whom the deadline to comply with MPS requirements falls between…

HANKO

• As the number of COVID cases in Japan rise, the Hanko tradition is coming under fierce criticism, with industry leaders demanding that the tradition be abandoned. About: • The Hanko is a personal stamp in Japan, that is equivalent…

New rules governing rights issues

• The Ministry of Corporate Affairs (MCA) has announced that listed companies that come out with rights issues before July 31 would not be required to notify shareholders about the issue through postal services because of transport restrictions due to…

Azan ban in three U.P. districts overturned

• The Allahabad High Court allowed azan in three districts of Uttar Pradesh — Ghazipur, Hathras, and Farrukhabad — where it had been stopped by the district administration citing the Home Ministry’s lockdown rules. About: • The adhan (also written…

Finance Minister announces new horizons of growth

• Union Finance Minister announced the 4th Tranche of measures for reforms in the eight sectors of Coal, Minerals, Defence production, Civil Aviation, Power Sector, Social Infrastructure, Space and Atomic energy under Aatma Nirbhar Bharat Abhiyaan. Key Highlights: • Space…