United Nations Commission on International Trade Law Model Law on Cross border Insolvency (1997) is the most widely accepted legal framework on cross-border insolvency.
Centre has appointed JNU (Jawaharlal Nehru University) Vice-Chancellor, M Jagadesh Kumar as the new Chairman of the University Grants Commission (UGC).
In the list of cities with the most millionaires, Mumbai has topped with 20,300 millionaires households. Mumbai is followed by Delhi with 17,400 and Kolkata with 10,500 millionaire households, respectively.
Storm Eunice sparked the first-ever red weather warning for London. It was one of the most powerful tempests in Europe since the Great Storm hit Britain and northern France in 1987.
The SEBI has reconstituted its alternative investment policy advisory committee. The reconstituted committee has 20 members. Infosys co-founder N R Narayana Murthy is the chair of this committee.