The Supreme Court says it is conscious that the policy to discontinue liquor vends on national highways may not eliminate drunken driving completely. The year 2014 alone witnessed 2.37 lakh road accidents on national and state highways across the country which had left at least 85,462 people dead and 2.59 lakh injured. These were the sensational findings in official statistics placed before the Supreme Court, which noted that as per 2009 data, India had reported the highest number of road ... Rediff.com, 2 months ago
To give a fillip to startup funding, markets regulator Sebi has relaxed its rules for investment by angel funds, including allowing them to invest in up to five-year old entities. Besides, the lock-in requirement has been reduced from three years to one year for angel funds and their minimum investment threshold has been slashed from Rs 50 lakh to Rs 25 lakh. In line with other alternative investment funds, angel funds are allowed to invest up to 25 per cent of their investable corpus in ...Rediff.com, 1 month ago
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