Government's reforms agenda in Parliament is in for trouble with its biggest ally Shiv Sena on Monday joining some Opposition parties in declaring resistance to a bill on raising FDI cap in insurance sector from 26 per cent 49 per cent.
In a bid to make foreign companies engaged in online and direct-to-home business practices in India accountable, the Ministry of Corporate Affairs (MCA) will make enrolment of all such companies with the country's Registrar of Companies (RoC) mandatory.
The proposed Road Transport & Safety Bill, expected to soon be cleared by the government, has for the first time incorporated clauses to bring companies such as like Uber, termed "aggregators", under the ambit of regulation.
Jobs, who died last year after making his name and fortune at Apple, never got to use the yacht -- called Venus -- but had commissioned the French designer to work on the vessel, which cost more than 100 million euros to build.
Do you believe Gates' departure could change Microsoft forever? Would you say Gates is the greatest entrepreneur ever? Why? Tell us!
Corporate affairs minister Murli Deora has supported the recommendations of the Parliamentary standing committee to make spending under corporate social responsibility (CSR) mandatory under the proposed Companies Bill. Pending the Bill, the minister also announced a slew of measures to simplify procedures akin to the licence raj.
The study found that many big groups have not changed their auditors in several years.
Despite stiff opposition from local businesses, the California senate has passed a controversial Bill banning state agencies from contracting services to companies that use overseas labour.
The National Security Agency lost its authority to collect the phone records of millions of Americans, thanks to a new reform measure Congress passed on Tuesday
For the banking system a new cycle starts in FY2024. It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay.
Compared to its peers, the company has not created shareholder value in the past 10 years.
ndependent of the political fallout, which Stalin has sought to arrest through the withdrawal of the measures as fast as they were introduced, there are concerns about the way those decisions came to be taken, without adequate application of mind, not in official terms but in political and electoral contexts, points out N Sathiya Moorthy.
Gates, who is to attend the World Economic Forum's Annual Meeting, on Monday said there is reason to be optimistic than ever about the future progress using vaccines to give all children a healthy start to life.
The new mantra was to align Apple's ambition with the government's, focusing on Modi's favourite themes of Make in India, employment generation and India as a high-tech export hub.
'It's unfortunate that the prime minister prioritises his own image over the humanitarian situation that is unfolding in Manipur, prioritising his ego over the atrocities that women and tribals have had to suffer in Manipur.'
During the three years of confinement with her son, the woman did not allow even her husband into the house after he stepped out to go to office when restrictions eased after the first lockdown in 2020, police said.
'...helping the government, citizens, and companies get the balance right.' 'As great as technology is, these are societal questions, not just technical ones.'
"He (Modi) is concerned more about corporates than farmers," Hazare told PTI in an interview in Latur.
It is sad that the legislative pre-consultation on such an important bill is being done in a very biased manner, notes Shailesh Gandhi, former Central Information Commissioner, recounting his experience with Minister Rajeev Chandrashekhar.
'There are unscrupulous traders who create fake invoices by showing bogus e-way bills, movement of goods.' 'Since the entities registered across different states, and kept on changing their numbers, tracing them was difficult.'
He however hinted that the corporate executives should think as responsible citizens before deciding on huge salaries.
The grievance redressal mechanism of many big e-commerce players is not up to the mark as the number of complaints received by the National Consumer Helpline has risen sharply over the last four years, Consumer Affairs Secretary Rohit Kumar Singh said on Thursday. Addressing an event organised by the Public Affairs Forum of India (PAFI), Singh said the number of complaints registered on the National Consumer Helpline (NCH) has gone up to 90,000 in November compared to 40,000 in the same month last year. "Four years back, the number of complaints pertaining to e-commerce transactions was 8 per cent of the total complaints.
Musk blasted the "current lords and peasants system for who has or doesn't have a blue checkmark", using an expletive.
Top management of high-tech companies have been asking the US government to rework their Senate immigration bill to allow them to hire more foreign workers.
Shares of telecom services providers - Reliance Industries (parent of Reliance Jio), Bharti Airtel, and Vodafone Idea - have shed up to 23 per cent so far in the current calendar year as growth in the wireless subscriber segment begins to plateau amid higher tariffs and rising costs of smartphones. By comparison, the benchmark S&P BSE Sensex, and sectoral index BSE Telecom have dipped 1.8 per cent, and 12.6 per cent, respectively, ACE Equity data shows. However, analysts expect the trend to reverse soon as telecom services providers focus on the next leg of growth -- fixed broadband (FBB) segment.
With telecom companies increasing rates, it's time to cut corners.
The high-tech industry in the US has opposed the immigration bill being debated in the Senate, saying the measure as currently drafted would harm the American technology industry.
Gates said that fifty years ago, no 55-person company was bought for $19 billion
The government on Monday said it was willing to discuss every issue under rules during the Budget session of Parliament and sought the support of the Opposition in running the proceedings smoothly.
Govt moves to bring in more clarity on definition of 'control'.
Finance Minister Nirmala Sitharaman on Monday said the rules that will lead to scrapping of the retrospective tax demands made on companies such as Cairn Energy Plc and Vodafone Plc will be framed soon. Parliament earlier this month passed a bill to scrap all tax demands made using the 2012 retrospective tax legislations. The bill provides for government refunding the retro tax to companies provided all legal challenges are withdrawn.
'I think it would be a mistake... at a time when worldwide trade is declining, for us to start sending a message that somehow we're just looking after ourselves and (are) not concerned with world trade,' Obama said. The Buy American bill is part of the $819 billion mega stimulus package passed by the US House of Representatives last week. It stipulates that companies receiving federal money should not buy foreign steel and iron.
The path-breaking Land Acquisition Bill, which seeks to provide just and fair compensation to farmers while ensuring that no land can be acquired forcibly, was passed by the Lok Sabha with overwhelming majority on Thursday.
MeitY had stated there was a need to set up GACs as grievance officers hired by the platforms often did not address issues satisfactorily.
Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health and auto insurance related queries.
Bangladesh has sought revision of a 2017 power purchase agreement with Adani Power Ltd as the price for the coal-generated electricity appeared too expensive, officials said in Dhaka on Thursday. "We have communicated with the Indian company seeking revision of the agreement," an official of the state-run Bangladesh Power Development Board (BPDC) told PTI on the condition of anonymity and without elaborating on the matter. Media reports suggested that the "high coal price" to be purchased for the Adani plant at India's Jharkhand emerged as the key factor for the dispute.
No promoter is allowed to advertise, market, book, sell or offer for sale, or invite persons to purchase any plot, apartment or building, in a project without registering with the authority.
Bharatiya Janata Party has issued a whip to its members in the Lok Sabha to support a Bill to amend the Telecom Regulatory Authority of India Act, which seeks to remove a legal hurdle in the appointment of former TRAI chairman Nripendra Misra as principal secretary to Prime Minister Narendra Modi.
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