News for 'Companies Bill'

Study Abroad: 4 SIMPLE TIPS To Save Money

Study Abroad: 4 SIMPLE TIPS To Save Money

Rediff.com16 Jan 2025

Aditya Mhatre shares some practical and actionable tips to save money and focus on what matters most when you are studying abroad

JSW MG surges in sales: Is this the disruption electric car market needs?

JSW MG surges in sales: Is this the disruption electric car market needs?

Rediff.com30 Nov 2024

In September, JSW MG Motor India, the newly minted joint venture between SAIC Motor, which is present in 100 countries, and Indian conglomerate JSW Group, launched the Windsor, an electric car that introduced battery as a service (BaaS).

Rosneft inks record oil supply deal with RIL

Rosneft inks record oil supply deal with RIL

Rediff.com13 Dec 2024

Russia's state-owned oil firm Rosneft has agreed to supply up to 500,000 barrels per day (bpd) of crude oil to Indian upstream oil and gas major Reliance Industries (RIL) in the largest-ever energy deal between the two countries, Reuters reported on Thursday. The 10-year agreement amounts to 0.5 per cent of global oil supply and is valued at roughly $13 billion per year at current prices, it said.

How To Claim Health Insurance Money

How To Claim Health Insurance Money

Rediff.com29 Jul 2024

Follow these steps to avoid last-minute surprises while claiming your mediclaim -- via cashless or reimbursement method, says P V Subramanyam

California Senate passes bill banning caste discrimination

California Senate passes bill banning caste discrimination

Rediff.com12 May 2023

Promoters of the bill, being led by non-profit Equality Lab, said that a similar bill is being introduced in the State House of Representatives, before it can be sent to the Governor to be signed into a law.

'My Uncle Is Flirting With Me. Pls Help'

'My Uncle Is Flirting With Me. Pls Help'

Rediff.com16 Dec 2024

rediffGURU Anu Krishna offers advice on how to deal with complicated situations in a relationship.

Cos Bill in this Budget session: FM

Cos Bill in this Budget session: FM

Rediff.com28 Feb 2011

The Companies Bill 2009, which seeks to replace a half-a-century-old Act, will be presented in Parliament in the ongoing Budget session, Finance Minister Pranab Mukherjee said on Monday.

H-1B visa: Musk, Ramaswamy face Trump supporter's wrath

H-1B visa: Musk, Ramaswamy face Trump supporter's wrath

Rediff.com28 Dec 2024

A major divide has emerged within Donald Trump's MAGA team in the United States, as Elon Musk and Vivek Ramaswamy who advocated for the expansion of the visa program for 'highly skilled workers' faced heavy backlash from within President-elect's base, CNN reported.

Changes to banking laws have a consumer tilt

Changes to banking laws have a consumer tilt

Rediff.com12 Aug 2024

Better protection for depositors and investors was one of the chief considerations in Union Finance Minister Nirmala Sitharaman introducing, on Friday, the Banking Laws (Amendment) Bill, 2024, in the Lok Sabha to amend four pieces of legislation. This amendment is also to improve audit quality in public-sector banks (PSBs), offer consistency in reporting by banks to the Reserve Bank of India (RBI), and provide for an increase in the tenure of directors in cooperative banks.

I&B holds meet to discuss Big Tech revenue sharing

I&B holds meet to discuss Big Tech revenue sharing

Rediff.com13 Jun 2024

The ministry of information and broadcasting (I&B) on Wednesday held an inter-ministerial meeting with various departments to discuss issues regarding revenue sharing between Big Tech companies and digital news publishers, according to sources. The meeting - chaired by I&B Secretary Sanjay Jaju - invited senior officials from the ministry of corporate affairs (MCA), Competition Commission of India (CCI), ministry of electronics and information technology (Meity) and departments of promotion of industry and internal trade, legal affairs and consumer affairs.

India's Crude Imports Could Face Problems in 2025

India's Crude Imports Could Face Problems in 2025

Rediff.com9 Jan 2025

However, copious oil supplies amid growing global output and slowing Chinese oil consumption will put India in a better bargaining position with Gulf suppliers.

'When the market is good, you have to capitalise on it'

'When the market is good, you have to capitalise on it'

Rediff.com29 Nov 2024

'Within India, people want high-quality, personalised banking services, and the demand for such services has exploded.'

Parliament nod for data protection bill, to come into force in 10 months

Parliament nod for data protection bill, to come into force in 10 months

Rediff.com9 Aug 2023

The Rajya Sabha on Wednesday passed the Digital Personal Data Protection Bill 2023 by voice vote following a walkout by opposition members over the Manipur issue.

Modi 3.0: Focus Shifts To Governance

Modi 3.0: Focus Shifts To Governance

Rediff.com7 Oct 2024

'It would be reasonable to assume that Modi 3.0 would be more focused on projects and schemes which do not require any legislative change or which have the support of its coalition partners,' asserts A K Bhattacharya.

Bill in California Senate against caste-based discrimination

Bill in California Senate against caste-based discrimination

Rediff.com23 Mar 2023

A bill seeking to explicitly ban caste discrimination has been introduced in the California Senate by a Democratic lawmaker, which, if passed, could make America's most populous state also the country's first to outlaw caste-based bias.

Senior journalist arrested in Gujarat in GST 'scam'

Senior journalist arrested in Gujarat in GST 'scam'

Rediff.com8 Oct 2024

Following detailed questioning, journalist Mahesh Langa was arrested by the Crime Branch on Tuesday morning, Deputy Commissioner of Police (Crime) Ajit Rajian said. "The central GST had found some suspicious transactions in bogus firms floated in the name of Mahesh Langa's wife and father using forged documents. Langa has been arrested for further investigation," he said.

Data Bill: Too much govt control will hit investments

Data Bill: Too much govt control will hit investments

Rediff.com27 Dec 2022

Significant controls and exemptions to the government under the proposed Digital Personal Data Protection bill 2022 are likely to make it harder for companies to invest in data centres and data processing activities in India, according to global technology industry body ITI. The ministry of electronics and IT has floated draft Digital Personal Data Protection (DPDP) Bill 2022 and has invited comments on the same till January 2. "The Bill grants significant controls to the executive arm of GOI (Government of India) and delegates much of the detailed rulemaking authority to separate, as yet undefined processes.

New bill moots up to Rs 250 cr fine for violating data protection norms

New bill moots up to Rs 250 cr fine for violating data protection norms

Rediff.com3 Aug 2023

The government on Thursday tabled the Digital Personal Data Protection Bill 2023 in the Lok Sabha with an aim to protect the privacy of Indian citizens, while proposing a penalty of up to Rs 250 crore on entities for misusing or failing to protect digital data of individuals.

Revised Companies Law Amendment Bill soon

Revised Companies Law Amendment Bill soon

Rediff.com30 Jul 2007

The Company Law Amendment Bill is aimed at protecting the interest of investors with stiffer disclosure norms. It proposes tougher penalties for defaults by managements.

Lok Sabha approves Delhi services bill by voice vote, AAP cries foul

Lok Sabha approves Delhi services bill by voice vote, AAP cries foul

Rediff.com3 Aug 2023

The Government of National Capital Territory of Delhi (Amendment) Bill, 2023, which will replace an ordinance promulgated for handling the transfers and postings of senior officers in the city government, was passed in the Lok Sabha on Thursday amid a walkout by opposition parties.

Just 3,000 nods: Trai's whitelisting deadline may be pushed by 30 days

Just 3,000 nods: Trai's whitelisting deadline may be pushed by 30 days

Rediff.com27 Sep 2024

The Telecom Regulatory Authority of India (Trai) may extend the deadline to whitelist URLs (Uniform Resource Locators), APKs (Android Package Kit), or OTT (Over The Top) links - through which it intends to curb their misuse -is likely to be extended by 30 days as only over 3,000 registered senders (businesses) have complied, officials indicated. According to Trai officials, over 3,000 registered senders have whitelisted more than 70,000 links, but many more (thousands of others) are yet to comply with the directive as the mandatory norms are set to come into effect from October 1.

Should You Buy a Super Top-up Health Insurance?

Should You Buy a Super Top-up Health Insurance?

Rediff.com3 Dec 2024

It is similar to top-up health insurance plan, but provides for one or more claims cumulatively crossing the threshold limit.

Market Rout Shaves Rs 16 Trn From India's MCap

Market Rout Shaves Rs 16 Trn From India's MCap

Rediff.com5 Oct 2024

On a five-day rolling basis, FPI selling is the highest in 24 years.

Single person to constitute a Company

Single person to constitute a Company

Rediff.com7 Dec 2009

With the implementation of the Companies Bill 2009, a single person will constitute a Company, under the One Person Company (OPC) concept.

Indian start-ups may take legal route against Google in-app billing

Indian start-ups may take legal route against Google in-app billing

Rediff.com10 Apr 2023

Scrutiny of Google's code of conduct in the Indian Android ecosystem is far from over with several start-ups preparing to appeal against the company's revised policies of service fee on in-app purchases and subscriptions, according to sources in the know. This comes days after the National Company Law Appellate Tribunal (NCLAT) granted partial relief to the tech giant, reversing four of the 10 key non-monetary directives that would have forced Google to allow uninstalling of its pre-installed apps on Android devices. Paytm, BharatMatrimony, and ShareChat are among the start-ups that are likely to file grievances against the tech major for alleged non-compliance with the Competition Commission of India's (CCI's) cease-and-desist order on Play Store policies.

No objections yet on CSR norms in Companiess Bill: Govt

No objections yet on CSR norms in Companiess Bill: Govt

Rediff.com26 Nov 2012

According to proposed norms, companies will need to spend at least 2 per cent of net profit on corporate social responsibility-related activities.

Meity plans jobs push in proposed electronic components PLI scheme

Meity plans jobs push in proposed electronic components PLI scheme

Rediff.com6 Sep 2024

The Ministry of Electronics and Information Technology (Meity) is looking at a proposal to generate 1.5-2 direct jobs for every Rs 1 crore invested by companies under the proposed electronic components production-linked incentive (PLI) scheme. If this plan fructifies, a Rs 10,000 crore investment under the proposed PLI scheme would bring with it the expectation of creating 15,000-20,000 direct jobs in electronic components sector.

How To Use Your Credit Card Wisely

How To Use Your Credit Card Wisely

Rediff.com7 Oct 2024

'Credit card debt comes with high interest cost and stringent penalties.' 'If you do not repay on time, the costs balloon.'

Credit Card Payments Will Be Blocked On Apps

Credit Card Payments Will Be Blocked On Apps

Rediff.com1 Jul 2024

Some of the fintechs that will get impacted include Cred, Paytm, Phonepe and Amazon Pay, among others.

IT aims for the sky after Accenture's Q4 results

IT aims for the sky after Accenture's Q4 results

Rediff.com5 Oct 2024

Global firm Accenture's fourth quarter results prove that the worst is behind for the Indian information technology (IT) sector, said analysts on Friday (September 27). While the pace and the broadness of recovery is debatable, they said Accenture's results and revenue growth guidance for the next financial year (FY25) reduce downside risks for Indian IT companies.

Amazon Pay UPI surpasses 100 million customers, marking a major milestone

Amazon Pay UPI surpasses 100 million customers, marking a major milestone

Rediff.com27 Aug 2024

Amazon Pay UPI has crossed 100 million customers, with the online platform used mainly for e-commerce transactions, utility bill payments and mobile recharges, the company announced on Monday.

'We focus on smaller ticket sizes loans'

'We focus on smaller ticket sizes loans'

Rediff.com14 Sep 2024

'Banks may find small ticket size lending economically unviable due to the cost of branch operations.'

MP man falls ill after getting Rs 3,419 crore electricity bill

MP man falls ill after getting Rs 3,419 crore electricity bill

Rediff.com27 Jul 2022

The Madhya Pradesh government-run power company blamed "human error" and issued a corrected bill of Rs 1,300, much to the relief of the worried Gupta family.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

'Make in India' initiative helped strengthen economy

'Make in India' initiative helped strengthen economy

Rediff.com25 Sep 2024

The Modi government's flagship initiative 'Make in India' launched 10 years ago has helped the country boost exports, push investments and promote manufacturing. Under the initiative, launched on September 25, 2014, a series of measures have been taken by the government to boost local manufacturing. These initiatives include the rollout of production linked incentive (PLI) schemes for 14 sectors, easing foreign direct investment (FDI) norms, reducing compliance burden to improve business climate, all approvals through single window, and rolling out of the national logistics policy.

Can Renault India turn around its fortunes?

Can Renault India turn around its fortunes?

Rediff.com28 Sep 2024

'We are very quickly going to announce the timeline of our launches, which should start giving us the turnaround'

Soon, one person can start a company

Soon, one person can start a company

Rediff.com20 Dec 2012

Post new Companies Bill, entrepreneurs need not look for family to fill in the blanks.

Cos' Bill may not be passed in the current session

Cos' Bill may not be passed in the current session

Rediff.com11 Mar 2011

The Bill proposes introduce the concept of class action suits for the first time in India, which would empower investors to sue a company for 'oppression and mismanagement' and claim damages.

How to make India an electronic & semiconductor products nation

How to make India an electronic & semiconductor products nation

Rediff.com11 Jul 2024

A task force set up by the Ministry of Electronics and Information Technology (Meity) for transforming India into an "electronic and semiconductor products" nation is on the verge of finalising its report, which is likely to recommend an allocation of Rs 44,000 crore between 2024 and 2030 to support homegrown companies in their quest to develop products and build global brands. The task force's recommendations include significant incentives: Rs 15,000 crore dedicated to electronic products (systems), Rs 11,000 crore for semiconductor products, and Rs 18,000 crore for various other incentives such as talent development, common infrastructure, logistics, and technology & IP (intellectual property) acquisition, a member of the panel revealed.

Union Budget 2024-25: MSMEs bat for Rs 5,000 crore export booster

Union Budget 2024-25: MSMEs bat for Rs 5,000 crore export booster

Rediff.com3 Jul 2024

India SME Forum, an organisation for small and medium businesses, has called for creating a dedicated fund of Rs 5000 crore for the export capacity development, promotion, and marketing of Micro, Small & Medium Enterprises (MSMEs) in its Budget recommendation. The forum for MSMEs with over 98,000 members said that to enhance India's global competitiveness and increase its market share in global exports, it was "crucial to increase the number of active exporters and enable at least 3-4 lakh first-time micro, small, and medium exporters while supporting them in promoting Indian products globally."