Newsletter dated 27th February, 2015

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THOUGHT OF THE DAY
“Honesty is the first chapter in the book of wisdom…”
Law Updates:
 The Union Railway Minister Suresh Prabhakar Prabhu has announced that a
systematic Human Resource Audit would be undertaken to prepare the
workforce of Indian Railways for the future and for enhancing organizational
performance.
 Insurance Regulatory and Development Authority of India (IRDA) announced
that insurance companies can appoint individual agents on their own without
license from the regulator from April 1.
 At least Rs 3 lakh crore is held up in appeals with tax commissioners in 2013-
14, while another Rs 1.5 lakh crore is estimated to be stuck in various stages of
court litigation, according to the annual report of the Finance Ministry.
 The government approved new norms for the selection of managing directors
and chief executive officers at five public sector banks (PSBs), paving way for
the appointment of private sector candidates with flexible salary packages.
 Market regulator SEBI imposed fines aggregating Rs 86 crore on real estate
major DLF, its promoters, officials and associate companies in two different
orders as part of its probe into the Gurgaon-based company's failure to disclose
sufficient information during its IPO in 2008.
 The special investigation team (SIT) on black money has asked the Reserve
Bank of India (RBI) to provide it with HSBC India’s financial transaction
details for financial years 2011-12 and 2012-13, according to sources in the
know. The SIT will also ask the RBI for details of transactions over the last 15
years.
PROFESSIONALS INPUTS:
 Vide Notification No. LAD-NRO/GN/2014-15/22/366 dated 26th February,
2015, SEBI issued SEBI (Employees' Service) (Amendment) Regulations,
2015.
 The new insider trading regulations notified last month will not only be
applicable to listed companies, but also to those ‘proposed to be listed’. Those
filing draft offer documents will now be subject to scrutiny, according to
regulations notified in January.
MARKET WATCH:
SENSEX: 28869.38 122.73 NIFTY:8727.40 43.55
SILVER:36690.00 235.00 GOLD (MCX): 26165.00 -51.00
USD/INR: 61.8 0.04 CRUDE OIL: 3052.00 -65.00
CS Rajiv Bajaj
9811453353
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Date: 27thFebruary, 2015

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Indu Jain,
Chairperson, Times Group.
“The so known “Multi Faceted" lady is known for different
identities that is from being entrepreneur to humanist to
educationalist to spiritualist. This lady has played a very
prominent role in the success of the Times Group.”
Early Life & Career:
When the entire feminine society, thinks of her family only; there’s an enigmatic strength and courage in few to think beyond
that! And Indu Jain has carved a niche landmark for the Indian feminine society!
Indu Jain, the seventy five year old billionaire, the chairperson of the Times Group. Widow of the Late Ashok Jain, she is an
educationalist, entrepreneur, spiritualist and patron of art and culture. She has inherited a fortune of $2.8 billion through the
eminent Sahu Jain family, the leading industrialist family of the country. She is in the list of Top 20 richest person in India, while
at global level she ranks 317 in terms of monetary value. The pioneer, Indu Jain was born in the most populated state of the
country, Uttar Pradesh. Her determination and dedication proved to be the cause of the Times Group (Bennett Coleman & Co. Pvt
Ltd) being one of the largest media industries of India.
A humanist, an Indian women entrepreneur, spiritualist, educationalist and patron of art and culture, Indu Jain is also the founder
President of the Ladies Wing of FICCI and Bhartiya Jnanpith Trust which hosts India's most prestigious and highest literary
award (Jnanpith Award). She was ranked 317 richest person in the World and India's top 20 richest person. She is a strong
believer of oneness among faiths and has spread this message in UN at the Millennium World Peace Summit.
CSR- The Times Foundation-The Brain Child of Indu Jain:
The Times Foundation was Indu Jain’s own creation which she built with utmost care and sincerity. It was because of her sheer
determination and hard work the foundation has received lot many national and international acclaims. Times Foundation was
conceived and guided under the leadership of Indu Jain, a humanist at heart. Times Relief fund, branch of Times Foundation
extends help to affected areas in times of natural calamities like cyclones, epidemics etc., apart from Relief funds the foundation
also runs Research Foundation and Community Services all under the guidance of Smt Indu Jain. A humanist, and feminist, Indu
Jain supports women entrepreneurship and encourages the same while standing strong for women's rights, she has played a
pivotal role in affecting the lives of many by her benevolent motives and moves. The Times Foundation wing was set by Indu
Jain with a single motive in mind, to give back to the society, help the one in need and make a difference in society at large.
Awards and Accolades:
The International Lifetime Achievement Award was given to Indu Jain by the Indian Congress of Women. But her biggest
success so far has been the ability to run her company the way she has, and her ability to be a woman and to stand alone with the
conviction which she has had all her life. She has created social aids within her media house, and she has made herself the prime
example of a successful matriarchal figure. Indu Jain is a much acclaimed Hindi poet and author and further proving her ardent
love for literature, she is the recipient of the prestigious Jnanpith Award and is also the founder of the ladies wing of FICCI.
Currently she is the chairperson the Bharatiya Jnanpith Trust and supports the development and promotion of all the major
languages of the country.
SUCCESS MANTRAS...
 Our journey must start from our dreams, which rests upon the foundation of courage
and then it gets built upon the pillars of determination.
 Female entrepreneurship can be called as one of the important milestones in the never
ending struggle for women empowerment.
 Philanthropy should be the part of your business. One should pay back to society.