Stocks
BSE appoints ex-SC Judge Vikramjit Sen and ex-expenditure secretary Sumit Bose as directors
The BSE, India's oldest stock exchange, has appointed two members, including Supreme Court's former Justice Vikramjit Sen and former secretary for expenditure Sumit Bose on its Board. In a statement, the bourse said, it has received approval from market regulator SEBI for these appointments as public interest director effective from 19 May 2016.
 
Justice (rtd) Sen is a retired judge of the Supreme Court. He has practiced in all the courts in Delhi, although primarily in the High Court of Delhi.  He has experience in handling civil, arbitration and commercial disputes.  He maintained a special interest and consultancy on minority rights.
 
Bose is a 1976 batch officer from the Indian Administrative Services (IAS) and had served as a Secretary in various departments of the MP state government. He served as a Secretary for Expenditure for the Government of India from May 2011 to August 2012. He is currently on the Fiscal responsibility and Budget Management (FRBM) Committee recently formed by the central government.
 
"These prestigious and independent appointments will further strengthen and enhance the expertise of the BSE Board," the bourse said in the release.
 

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Bharti Enterprises' initiative helps eight undertrials get bail
New Delhi: Nyaya Bharti, the corporate initiative by Bharti Enterprises to provide legal assistance and aid to underprivileged undertrials across the country, on Monday said it has facilitated eight deserving undertrials' release on bail from jails in Delhi-NCR.
 
"With the release of the first set of underprivileged undertrials, we have made a beginning towards reaching out to and assisting the undertrials who are languishing in jails for minor offences," said Rakesh Bharti Mittal, co-chairman, Bharti Foundation.
 
The lawyers from Nyaya Bharti have provided legal aid, filed bail applications and also represented the undertrials in various Delhi courts, the statement said.
 
Nyaya Bharti was launched in November 2015 under the aegis of Bharti Foundation, the philanthropic arm of Bharti Enterprises.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Commercially available breads contain hazardous chemicals: CSE
New Delhi : Most of the breads made by Indian companies are laced with chemicals such as potassium bromate or iodate that damage human health, a study conducted by the Centre for Science and Environment (CSE) has suggested.
 
The study, conducted by CSE's pollution monitoring laboratory, said Indian bread manufacturers use potassium bromate and potassium iodate for treating flour. 
 
"The use of these chemicals in the bread-making sector has been banned in many countries because they are listed as hazardous for public health: one is a category 2B carcinogen and the other could trigger thyroid disorders. India does not ban the use of any of these," the CSE report said. 
 
The CSE tested 38 commonly available branded varieties of pre-packaged breads, pav and buns, ready-to-eat burger bread and ready-to-eat pizza breads of popular fast food outlets from Delhi. 
 
"We found 84 percent samples positive with potassium bromate or iodate. We re-confirmed the presence of chemicals in a few samples through an external third-party laboratory. We checked labels and talked to industry and scientists," CSE's Deputy Director General Chandra Bhushan said.
 
In 1999, the International Agency for Research on Cancer (IARC) classified potassium bromate as possibly carcinogenic (cancer causing) to humans. It was found to cause tumours of the kidney, thyroid and cancer of the abdominal lining in laboratory animals.
 
The European Union had banned its use in 1990. The United Kingdom, Canada, Australia, New Zealand, China, Sri Lanka, Brazil, Nigeria, Peru and Columbia have also banned the use of potassium bromate.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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