Pti: Justice A.K. Sikri, Former Judge of the Supreme Court of India, Kickstarts Self Regulatory Body DPCGC's Nation Wide Campaign to Create Awareness on Responsible OTT Content Viewing
KOLKATA: The Internet and Mobile Association of India (IAMAI) announced on Thursday that former Supreme Court Justice Arjan Kumar Sikri will chair the Grievance Redressal Board (GRB), formed as a part of the Digital Publisher Content Grievances Council (DPCGC). The GRB will address content grievances about any of the DPCGC member’s video streaming services. It will function as
Karandaaz becomes major shareholder of PCGC
National
December 28, 2020
ISLAMABAD: The government has approved the sale of majority shareholding of the state-owned Pakistan Credit Guarantee Company (PCGC) to the UK-funded entity Karandaaz by converting billions of rupees worth of unspent grants into equity.
The sale was approved despite the fact that the Ministry of Finance had raised key questions in writing at the initial stage. Out of grant money of £50 million, the unspent funds stood at Rs3.5 billion lying with the State Bank of Pakistan (SBP). The funds were invested into T-bills so the principal and mark-up amount increased to Rs6.5 billion in the last 12 years from 2008 through 2020.