News for 'Companies Bill'

Marco And Mike Are Good News For India

Marco And Mike Are Good News For India

Rediff.com13 Nov 2024

'Communist China continues to aggressively expand its domain in the Indo-Pacific region.' 'It's crucial for the USA to continue its support in countering these malicious tactics.' 'India, along with other nations in the region, is not alone.'

New data protection bill to be introduced in monsoon session, govt tells SC

New data protection bill to be introduced in monsoon session, govt tells SC

Rediff.com11 Apr 2023

The Centre told the Supreme Court on Tuesday a new data protection bill is ready and will be introduced in the monsoon session of Parliament in July, as the apex court heard a matter related to privacy concerns of social media users.

Bill on new Company Act by Jun

Bill on new Company Act by Jun

Rediff.com20 Nov 2004

The government on Saturday said it would present a bill on the revised Companies Act in Parliament before June 2005.

Ratan Tata, As I Knew Him

Ratan Tata, As I Knew Him

Rediff.com10 Oct 2024

Ratan was extremely ethical in his dealings, which he brought to bear on the business house which he helmed, remembers Sailesh Kottary.

'I've Not Backstabbed Anybody'

'I've Not Backstabbed Anybody'

Rediff.com18 Nov 2024

'They are attacking my wife; they are attacking our 13-month-old daughter. They are saying that I do drugs.' 'I'm giving an open challenge to Mr Nawab Malik and Ms Sana Malik let's go to the labs and let's do the medical test of our family and your family.'

Sebi to regulate all companies issuing shares

Sebi to regulate all companies issuing shares

Rediff.com21 Jul 2011

All registered companies, both listed and unlisted, which raise public funds through sale of shares will be answerable to the Securities and Exchange Board of India (Sebi).

'Hybrid vehicles are an intermediate solution'

'Hybrid vehicles are an intermediate solution'

Rediff.com26 Sep 2024

'In terms of incentives, if you think about it, hybrids are a 20-year-old technology.'

Know the Budget Impact on Your Finances

Know the Budget Impact on Your Finances

Rediff.com23 Jul 2024

'Compare the new slabs with the previous years to understand if your tax liability will increase or decrease after the Budget.'

E-invoice mandate may cover B2C transactions

E-invoice mandate may cover B2C transactions

Rediff.com12 Sep 2024

Businesses across the country may soon be required to issue electronic invoices, or e-invoices, directly to consumers for the sale of goods and services. The Goods and Services Tax (GST) Council, in its forthcoming meeting on Monday, is expected to discuss extending the e-invoicing mandate to cover business-to-consumer (B2C) transactions. Currently, e-invoicing is compulsory for businesses with a turnover of Rs 5 crore and above, but only for their business-to-business (B2B) transactions.

Why savings from Russian oil has dropped to a third

Why savings from Russian oil has dropped to a third

Rediff.com9 Sep 2024

Savings for Indian refiners from purchasing Russian oil have decreased to a third of what they were in the years following Russia's invasion of Ukraine, which triggered global crises, sanctions, and discounted Russian oil seeking buyers. Despite this, savings from importing cheap Russian oil were significant enough to help Indian refiners tide over frozen petrol and diesel pump prices.

AI, Cloud, super app: Adani group to bet big on tech

AI, Cloud, super app: Adani group to bet big on tech

Rediff.com5 Jun 2024

Coal-to-airports conglomerate Adani group is set to make a splash in the tech world. The group is considering the creation of customised artificial intelligence (AI) models for commercial prospects and consolidating digital services on a super app, according to people in the know. The Adani One app, part of its consumer-facing businesses, is reportedly in talks to expand into e-commerce and digital payments, according to a Financial Times report.

'In No Rush To Say Economy Is Slowing Down'

'In No Rush To Say Economy Is Slowing Down'

Rediff.com7 Nov 2024

'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.' 'The Indian economy and financial sector are now well-placed and very resilient in dealing with any kind of spillover coming from the external world.'

Bill Gates lauds Digital India initiatives

Bill Gates lauds Digital India initiatives

Rediff.com1 Mar 2023

India's sprawling digital public infrastructure received a glowing endorsement from billionaire philanthropist Bill Gates on Wednesday as he praised the country's "great" digital network, reliable and low-cost connectivity, and said this will be the cheapest 5G market. Under the G20 presidency of India, a session on 'Building resilient and inclusive economies- the Promise of Digital Public Infrastructure' was held on Wednesday in New Delhi, where the Microsoft co-founder spoke of India's digital identity Aadhaar, its payment infrastructure, and rapid strides that the country has taken in bringing more people into formal banking system. "India in particular, by laying the groundwork for digital public infrastucture starting with identity system, allows people to build on top of that.

India's biggest oil, gas bid round gets 4 bidders

India's biggest oil, gas bid round gets 4 bidders

Rediff.com23 Sep 2024

India's biggest oil and gas bid round attracted four bidders that included state-owned ONGC and OIL and private sector Vedanta Ltd, with most blocks getting just two bids, according to Directorate General of Hydrocarbons (DGH). The OALP-IX bid round, where 28 blocks or areas spread over 1.36 lakh square kilometre were offered for finding and producing oil and gas, for the first time saw Reliance Industries Ltd-bp plc combine bidding together with ONGC for one block in Gujarat offshore.

Unlisted companies may come under Sebi rules

Unlisted companies may come under Sebi rules

Rediff.com21 Apr 2010

The government on Wednesday said that the Securities and Exchange Board of India (Sebi) guidelines which require listed companies to meet corporate governance norms for best practices in management may now be extended to unlisted companies as well.

Now, get ready for the 'one-person company'

Now, get ready for the 'one-person company'

Rediff.com26 Nov 2007

This will be a measure to provide start-up entrepreneurs and professionals the much-needed flexibility in setting up a business in India.

'Angel tax' provisions in Finance Bill will not impact startups

'Angel tax' provisions in Finance Bill will not impact startups

Rediff.com21 Feb 2023

The 'angel tax' provision in the Finance Bill will not impact startups in India, a senior government official said on Tuesday. Startups which are registered with the Department for Promotion of Industry and Internal Trade do not come under the purview, Anurag Jain, the secretary in the department said while speaking at the IVCA Conclave. "Let me put one thing very clearly. It doesn't affect startups in the least," he said, addressing the audience at the event organized by the venture capital industry lobby grouping.

Wipro's Q1 net profit rises 4.6% to Rs 3,003.2 cr; revenue falls 3.8%

Wipro's Q1 net profit rises 4.6% to Rs 3,003.2 cr; revenue falls 3.8%

Rediff.com19 Jul 2024

IT major Wipro on Friday posted a 4.6 per cent year-on-year rise in its consolidated net profit for the June quarter at Rs 3,003.2 crore. The Q1 FY25 revenue of the Bengaluru-headquartered firm, however, fell 3.8 per cent to Rs 21,963.8 crore.

PayU Payment's acquisition of BillDesk gets CCI nod

PayU Payment's acquisition of BillDesk gets CCI nod

Rediff.com5 Sep 2022

Competition Commission of India (CCI) on Monday granted its approval for the acquisition of 100 per cent equity of indiaideas.com (BillDesk) by PayU Payments. The proposed combination relates to the acquisition of 100 per cent of the equity share capital of India Ideas Ltd (IIL) by PayU India. In a tweet on Monday, CCI said it approved, "acquisition of 100% of the equity share capital of IndiaIdeas.com (BillDesk) by PayU Payments."

Oil marketing companies likely to feel the heat of high crude oil prices

Oil marketing companies likely to feel the heat of high crude oil prices

Rediff.com29 Sep 2023

India's trade account could come under pressure and there could be an inflation push if crude oil prices remain above the $90 per barrel (Brent) for a prolonged period since India imports over 85 per cent of its oil and roughly 50 per cent of its gas. A rebound in economic activity is bound to lead to higher fuel demand. While India is the third-largest importer of crude, it is a net exporter of refined products, which helps to compensate to some degree.

The Woman Who Lost Everything

The Woman Who Lost Everything

Rediff.com13 Nov 2024

When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.

Is Health Insurance Tax Relief Coming?

Is Health Insurance Tax Relief Coming?

Rediff.com6 Sep 2024

Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely.

Google pauses in-house billing system in India on antitrust directive

Google pauses in-house billing system in India on antitrust directive

Rediff.com2 Nov 2022

Google has said that it is pausing enforcement of Google Play billing system (GPBS) for developers in India. This comes after the Competition Commission of India (CCI) imposed a penalty of Rs 2,275 crore in two cases and an immediate cease-and-desist order of its policies of running the Android Mobile device and Play Store ecosystem. In a statement, the company said, "Following the CCI's recent ruling, we are pausing enforcement of the requirement for developers to use Google Play's billing system for the purchase of digital goods and services for transactions by users in India.

'He Was Not An 'I' Man At All'

'He Was Not An 'I' Man At All'

Rediff.com23 Oct 2024

'He was a practical person who ensured that he thought about the common man, animals, the fact that they have a life and they have to be respected.'

Why Are Bengaluru IT Workers Protesting?

Why Are Bengaluru IT Workers Protesting?

Rediff.com5 Aug 2024

'The overwhelming evidence from various studies and reports indicates that the current work culture in the IT sector, characterised by excessive hours, has severe consequences for health, productivity, and overall quality of life.'

Will Modi Achieve A Cease Fire In Ukraine?

Will Modi Achieve A Cease Fire In Ukraine?

Rediff.com21 Aug 2024

Ukraine is currently in the middle of a strategic offensive into Russia's Kursk region.

India Inc pays directors far less than Cos Bill ceiling

India Inc pays directors far less than Cos Bill ceiling

Rediff.com20 Dec 2012

Average salary of the 100 best-paid directors is 1% of their companies' net profit.

Key Congressional committee passes bill to end Green Card cap

Key Congressional committee passes bill to end Green Card cap

Rediff.com8 Apr 2022

A Green Card, known officially as a permanent resident card, is a document issued to immigrants as evidence that the bearer has been granted the privilege of residing permanently in the US.

Claims Can't Be Rejected For Missing Docs

Claims Can't Be Rejected For Missing Docs

Rediff.com13 Jun 2024

In its master circular on general insurance products, which takes immediate effect, Irdai specified, 'The customer may be required to submit only those documents directly related to claim settlement.'

India AI mission to be key priority for telecom ministry

India AI mission to be key priority for telecom ministry

Rediff.com18 Jun 2024

Many who track the ministry and the technology sector closely believe that the space won't see much impact on the policymaking side, but the gestation time for regulations might get long, as now there could be a wider consensus-building exercise on policy matters under a coalition government.

What Kamala Harris said at her first campaign rally

What Kamala Harris said at her first campaign rally

Rediff.com24 Jul 2024

Republican presidential candidate and former president Donald Trump is relying on support from billionaires and big corporations, while hers is a people powered campaign, Vice President Kamala Harris said on Tuesday addressing her first election rally, a day after she became the presumptive presidential nominee of the Democratic Party.

'Data protection bill veered away from core issues'

'Data protection bill veered away from core issues'

Rediff.com16 Aug 2022

'There were two options before the government -- create a complex, cumbersome law, which will cause a tremendous amount of compliance challenges for startups or say let's go back and do a clean slate, where we do a framework of laws and policies'

After 5 years, govt finally approves Companies Bil

After 5 years, govt finally approves Companies Bil

Rediff.com30 Aug 2008

Among other things, the Companies Bill 2008 proposes to tighten the rules governing share sales by firms to their owners, to bar issuance of shares at a discount to owners, does away with shares that have differential voting rights and scraps the requirement of minimum paid-up capital. The Bill proposes the requirement to appoint independent directors, where applicable, at a minimum of 33 per cent of the total number of directors.

Valuations, access to capital spur fintechs' homecoming

Valuations, access to capital spur fintechs' homecoming

Rediff.com4 Jun 2024

Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping?

New Bill to define independent directors' role

New Bill to define independent directors' role

Rediff.com28 Jun 2010

The role of independent directors on the board of Indian companies will be clarified in the new Companies Bill and their responsibilities will be made finite in terms of what they are answerable for, said Union Corporate Affairs Minister Salman Khurshid.

Did Chances Of A Trump Win Spook Bezos?

Did Chances Of A Trump Win Spook Bezos?

Rediff.com31 Oct 2024

Did Jeff Bezos decide against endorsing Harris because it would hurt his business interests? Only God and Bezos know, and neither of them are talking, notes Prem Panicker.

Maruti to talk CBG production expansion with Centre: Suzuki Motor

Maruti to talk CBG production expansion with Centre: Suzuki Motor

Rediff.com22 Aug 2024

Maruti Suzuki India (MSIL) will hold discussions with the Centre and state governments on how the production of compressed biogas (CBG), which can be used in vehicles that run on compressed natural gas (CNG), can be expanded in the country, its majority shareholder Suzuki Motor Corporation (SMC) said. The demand for CNG vehicles has been rising significantly in the country. MSIL sold 145,000 CNG vehicles in the first quarter of 2024-25, marking a 28.3 per cent year-on-year (Y-o-Y) growth.

How the US immigration Bill will hit Indian companies

How the US immigration Bill will hit Indian companies

Rediff.com14 May 2013

The immigration Bill from a bipartisan group of US Senators will hurt US companies as much as Indian IT service providers.

Listed companies increased headcount in a bleak year

Listed companies increased headcount in a bleak year

Rediff.com24 Nov 2020

These companies provide better quality jobs and so it is particularly reassuring to see these jobs grow faster than the overall growth of jobs in India, says Mahesh Vyas.

The Ghost Village Of Tamil Nadu

The Ghost Village Of Tamil Nadu

Rediff.com22 Aug 2024

Two sons return to their dead father's village to keep alive memories, and are the only ones living in the crumbling hamlet, discovers A Ganesh Nadar.