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Haryana government announces yoga guru Ramdev its brand

ambassador
January 16, 2015

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Haryana government has announced yoga guru Ramdev as its
brand ambassador.
By appointing the yoga guru as its brand ambassador state
aims to promote yoga and Ayurveda in the state.
It was announced by Haryanas minister of sports and health
Anil Vij.

In order to promote ayurveda in a big way, state government is planning to to develop

a 0rst ever herbal forest with over 25,000 plants over 1,000 acres of land in the state.
State government also plan to open Vyayamshalas and Yogshalas in 6,500 villages
and cities of Haryana.
Haryana

yoga guru Ramdev

SEBI notifies stringent insider trading norms

January 16, 2015

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The Securities and Exchange Board of India (SEBI) has noti0ed stringent revamped
rules related to the Insider trading.
Insider trading refers to the trade of a companys stocks or other securities and
making unethical pro0ts with access to the non-public information. This is detrimental
to the other / small investors who dont have such information.
In this regard market regulator has issued SEBI (Prohibition of Insider Trading)
Regulations, 2015. Thus, revamping nearly two-decade old regulations on insider
trading.
The key facts about new rules are as follows:
It highlights greater clarity on concepts and de0nitions along with a stronger legal
and enforcement framework for prevention of insider trading.
The new rules has expanded the de0nition of insider. It says that that anyone who is
in contractual, 0duciary or employment relations with the promoters will be
presumed to be insiders. Thus, the new rules include the immediate relatives of
promotes, directors and employees who are in possession or have access to such
information, within the scope of insiders.
The new rules make it mandatory that the perpetual insiders such as promoters and
directors will have to disclose their future trading plan in advance to the stock
exchanges. They are required to trade strictly as per that plan in order to protect the
interest of investors
The de0nition of the unpublished price sensitive information (UPSI) has been
broadened. Earlier, it has reference to only to company but now, it will have
reference to company as well as securities.
Background
The rules have been prepared after taking into consideration recommendations of
Sodhi panel and other panel recommendations.
It should be noted that a panel headed by former Justice N K Sodhi (former Chief
Justice of Karnataka and Kerala High Courts) had submitted its report on insider
trading norms in December 2013.
Insider trading

N K Sodhi panel

SEBI (Prohibition of Insider Trading) Regulations 2015

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Current Affairs Today - Current Affairs 2014-2015 - Page 100

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Insider trading

http://currentaffairs.gktoday.in/page/100
N K Sodhi panel

SEBI (Prohibition of Insider Trading) Regulations 2015

Securities and Exchange Board of India (SEBI)
unpublished price sensitive information (UPSI)

Leela Samson resigns as Chairperson of Central Board of Film

Certification
January 16, 2015

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Chairperson of Central Board of Film Certi0cation (CBFC)
Samson has resigned.
She resigned after Film Certi0cation Appellate Tribunal (FCAT)
cleared the controversial 0lm Messenger of God featuring Dera
Saccha Sauda chief Gurmeet Ram Rahim Singh in lead role.

The Censor Board headed by Ms. Samson had earlier denied

the clearance certi0cate to the 0lm saying that the movie depicts Gurmeet Ram
Rahim Singh as a God.

Film Certification Appellate Tribunal (FCAT)

FCAT is a statutory body. It has been constituted under the provisions of the
Cinematograph Act, 1952.
It comes under the aegis of Ministry of Information and Broadcasting.
Headquarters: New Delhi.
The Tribunal has a Secretary to look after its day to day affairs.
Function: It hears the appeals 0led as per provisions of Cinematograph Act. Any
applicant can 0le an appeal before the tribunal for a certi0cate in respect of a
who is aggrieved by an order of the Central Board of Film Certi0cation (CBFC).

Leela Samson
She is a Bharatanatyam dancer, choreographer, instructor and writer.
She is recipient of the many awards for her contributions to Bharatanatyam. It
includes Padma Shri (1990), Kalaimamani (2005) given by Government of Tamil
Nadu, and the Sangeet Natak Akademi Award (19992000).

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