Day: December 1, 2015

WORLD AIDS DAY – 01.12.2015

What is HIV? HIV is a virus that gradually attacks the immune system, which is our body’s natural defence against illness. If a person becomes infected with HIV, they will find it harder to fight off infections and diseases. The virus destroys a type of white blood cell called a T-helper cell and makes copies of itself inside them. T-helper cells are also referred to as CD4 cells.1 There are many different strains of HIV – someone who is infected may carry various different strains in their body. These are classified into types, with lots of groups and subtypes. The two main types are: HIV-1: the most common type found worldwide HIV-2: this is found mainly in Western Africa, with some cases in India and Europe. Basic facts about HIV HIV stands for human immunodeficiency virus. If left untreated, it can take around 10 to 15 years for AIDS to develop, which is when HIV has severely damaged the immune system. With early diagnosis and effective antiretroviral treatment, people with HIV can live a normal, healthy life. HIV is found in the following body fluids of an infected person: semen, blood, vaginal and anal fluids and breast milk. HIV cannot be transmitted through sweat, saliva or urine. According to UK statistics, the most common way for someone to become infected with HIV is by havinganal or vaginal sex without...

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Companies Law committee will give its final report next month – The Economic Times

The high powered Companies law committee set up by government to address issues related to Companies act 2013 will give its final report on changes required next month. The eight-member committee that includes members from the industry as well as judiciary was set up earlier this year to recommend changes in Companies Act to improve theease of doing business. The final meeting of the committee will be held on November 30 in Mumbai which will be chaired by the Corporate Affairs Secretary, a government official told ET. Another round of amendments to Companies Act 2013 are expected as recommendations made by the committee would then go to cabinet for its approval after that a bill is likely to be introduced in Parliament. The government expects to finish this exercise by the end of the current fiscal. According to experts, there are about 50 provisions in the Companies Act, 2013, which are hurting corporate India. They are mostly related to inter-corporate loans, related party transactions, consolidated financial statements, and strict penalties and imprisonment. The industry has sought relaxation in related party transactions (RPT), easing of inter-corporate loans, exemption for private companies from rotation of auditors, clarification that related party also includes holding and subsidiary incorporated outside India, and exemption of loans to all subsidiaries even if not wholly owned. After the Companies Act 2013 came into existence in April 2014, the government has brought out more than...

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