News for 'Companies Bill'

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

Google extends deadline for developers in India

Google extends deadline for developers in India

Rediff.com10 Dec 2021

Google on Friday said it is deferring the deadline for developers in India to integrate with its Play billing system from March 2022 to October next year. In October last year, the company had announced March 31, 2022 as the deadline for developers in India to integrate with Play's billing system. A Google spokesperson on Friday said the extension has been done in view of the changes to India's recurring digital payments guidelines.

PM to inaugurate India's largest helicopter production facility

PM to inaugurate India's largest helicopter production facility

Rediff.com4 Feb 2023

The defence ministry billed the 615-acre factory as India's largest helicopter-manufacturing facility and it has been planned as a one-stop solution for the country's chopper requirements.

Why GPT App Downloads Are A Concern

Why GPT App Downloads Are A Concern

Rediff.com1 Mar 2023

How many of the apps downloaded in India deliver the GPT technology they say they are?

Companies can't refuse service for goods bought online

Companies can't refuse service for goods bought online

Rediff.com23 Oct 2015

If the product is genuine, denial is violation of consumer laws.

Will Bill Gates step down as Microsoft chief?

Will Bill Gates step down as Microsoft chief?

Rediff.com30 Jul 2007

One year has passed since his startling declaration, but there are no apparent signs that Gates is ready to step away, said The New York Times.

Lok Sabha stalled over Ajay Mishra; Naidu urges govt, Oppn to end RS stalemate

Lok Sabha stalled over Ajay Mishra; Naidu urges govt, Oppn to end RS stalemate

Rediff.com17 Dec 2021

Lok Sabha and Rajya Sabha proceedings were adjourned for the day amid protests by the Opposition in both the Houses demanding removal of Ajay Mishra as Union minister and withdrawal of the suspension of MPs.

A new fintech world is upon us amid funding drought, lower valuations

A new fintech world is upon us amid funding drought, lower valuations

Rediff.com29 May 2023

In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.

Smart tips to take care of high medical bills

Smart tips to take care of high medical bills

Rediff.com2 May 2018

Instead of enhancing the sum insured of your basic policy, a more cost-effective option is buying a super top-up policy.

Govt plugs gaps in Patents Bill

Govt plugs gaps in Patents Bill

Rediff.com22 Mar 2005

Medicine prices may rise due to new Patent Bill: I

Medicine prices may rise due to new Patent Bill: I

Rediff.com24 Aug 2004

Domestic pharma companies have warned that the Patent Bill in its original form could lead to ever-greening of patents and rise in prices of drugs.

New bill to protect US jobs

New bill to protect US jobs

Rediff.com19 Feb 2004

Democratic Senator Christopher Dodd has introduced a legislation to ban the use of federal funds to buy goods and services produced by overseas workers.

H-4 visa holders may get an automatic right to work in America

H-4 visa holders may get an automatic right to work in America

Rediff.com8 Apr 2022

Two US lawmakers have introduced a bill in the House of Representatives that aims at granting an automatic right to H-4 visa holders to work in the country, a move which will benefit the spouses of thousands of foreigners, including Indians, and also address the labour shortage affecting American businesses. H-4 visas are issued to dependent spouses and children who accompany H-1B, H-2A, H-2B, and H-3 visa holders to the United States. Many H-4 visa holders are highly skilled people in their own right and previously had careers of their own or worked to support their families.

Of power, privatisation and politics

Of power, privatisation and politics

Rediff.com26 Aug 2021

As the Centre pushes reforms in the power sector, especially for the beleaguered electricity distribution segment, several states, especially those ruled by Opposition parties, are clamouring against it. Maharashtra, West Bengal, Tamil Nadu, and Kerela have voiced their reservations against the proposed amendments to the Electricity Act, 2003. The irony is the states opposing the amendments on the ground of threat of privatisation already have private partnerships in power supply. The proposed Bill was slated to be placed on the floor of Parliament in the Monsoon session. But it still awaits Cabinet approval amid several states complaining that they have been not consulted on the issue.

Bill Gates steps down as chairman; Nadella takes over

Bill Gates steps down as chairman; Nadella takes over

Rediff.com4 Feb 2014

Microsoft Corporation on Tuesday announced that its Board of Directors has appointed Satya Nadella as Chief Executive Officer and member of the Board of Directors effective immediately.

US outsourcing bill put on hold, IT folk relieved

US outsourcing bill put on hold, IT folk relieved

Rediff.com9 Mar 2003

The bill introduced in the state of New Jersey proposes a ban on government outsourcing contracts to foreign countries.

Modi's longest Parliament speech pressed all the right buttons

Modi's longest Parliament speech pressed all the right buttons

Rediff.com10 Aug 2023

Prime Minister Narendra Modi on Thursday slammed the opposition alliance INDIA as a collection of arrogant dynasties who will take India back by two centuries as he exuded confidence that people will bless the "garib ka beta" with a record-breaking mandate in the 2024 Lok Sabha polls.

Indian handset companies import most of their devices

Indian handset companies import most of their devices

Rediff.com28 Apr 2014

Components manufactured in India are low-value products like casing and box packaging that constitute 5% of the bill for materials required in phone manufacturing.

Want a loan? Pay your phone bills in time

Want a loan? Pay your phone bills in time

Rediff.com29 Mar 2017

Lenders now use your phone data, utility bill payment records and other non-traditional parameters to determine if you are creditworthy.

PLI scheme likely to be extended to more sectors

PLI scheme likely to be extended to more sectors

Rediff.com12 Sep 2022

Discussions are also going on to bring PLI scheme for toys, furniture, bicycles and containers. The objective of the scheme is to make domestic manufacturing globally competitive, create global champions in manufacturing, boost exports and create jobs.

1/3rd of board to be independent

1/3rd of board to be independent

Rediff.com17 Oct 2005

Tax blow? Brokers keep faith in AMCs

Tax blow? Brokers keep faith in AMCs

Rediff.com4 Apr 2023

In the face of tax blow, brokerages remain sanguine about the prospects of asset management companies (AMCs). A sharp correction in the shares of AMCs over the past three months factors in most of the negatives and turned valuations attractive, observe analysts. In its latest report, Kotak Institutional Equities (KIE) has upgraded HDFC AMC to 'add' (from 'reduce') and reprised 'add' and 'buy' ratings on the rest of the listed AMCs - Nippon, UTI, and Aditya Birla Sun Life.

Choksi pledged 'lab diamonds' with inflated valuation to get Rs 25 crore loan from IFCI: CBI

Choksi pledged 'lab diamonds' with inflated valuation to get Rs 25 crore loan from IFCI: CBI

Rediff.com2 May 2022

The CBI has filed a fresh case against absconding diamantaire Mehul Choksi, wanted along with his nephew Nirav Modi in a loan fraud case of Rs 13,500 crore, for allegedly inflating the value of diamonds and jewellery pledged to get Rs 25 crore loan from IFCI, officials said on Monday. The CBI has booked Mehul Choksi, his company Gitanjali Gems and valuers Surajmal Lallu Bhai and Co, Narendra Jhaveri, Pradip C Shah and Shrenik Shah, they said. The central agency has acted on a complaint from Industrial Finance Corporation of India (IFCI) Ltd alleging that Choksi had approached it in 2016 seeking Rs 25 crore working capital loan for which he had pledged shares and gold and diamond jewellery.

Big Tech in financial system poses concentration risk: Shaktikanta Das

Big Tech in financial system poses concentration risk: Shaktikanta Das

Rediff.com21 Sep 2022

The increasing involvement of Big Tech in the financial system could give rise to concentration risk and there are potential spillovers, which call for closer attention, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday. "...enormous amounts of consumer data is being generated and leveraged upon by a few entities (the so-called Big Tech) by virtue of their huge customer base. "Such developments raise concerns on concentration risk and potential spillovers as their level of engagement with the financial system strengthens in the years to come," Das said at the Global Fintech Fest 2022.

Fine, won't charge 'poor Kejriwal': Jethmalani on Rs 3.42 crore bill

Fine, won't charge 'poor Kejriwal': Jethmalani on Rs 3.42 crore bill

Rediff.com4 Apr 2017

"Everybody knows in this country that I charge only the rich, but for poor people I do work free and the poor people are about 90 per cent of my clientele," he said.

Watch Live! All the action in Parliament

Watch Live! All the action in Parliament

Rediff.com19 Sep 2020

Day 6 of Parliament's monsoon session 2020. Watch all the action in both houses LIVE here.

Bill that could kill H-1B visas

Bill that could kill H-1B visas

Rediff.com9 Jun 2009

A strident bill concerning US work visas for non-US citizens has been re-introduced before the US Senate. A look at the bill.

India Inc, get ready for mandatory CSR!

India Inc, get ready for mandatory CSR!

Rediff.com20 Jul 2011

Regretting that the concept of voluntary CSR has not picked up in India, Corporate Affairs Minister Veerappa Moily on Wednesday said the new Companies Bill would make it mandatory for corporate to earmark part of their profit for corporate social responsibility (CSR) initiatives.

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

Rediff.com12 Aug 2022

From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.

US Bill seeks to double H-1B visas

US Bill seeks to double H-1B visas

Rediff.com14 Mar 2006

A Bill to double the number of H-1B visas to 115,000, with the option of raising the limit 20% annually is now pending before US Congress.

Loss of Salaried Jobs in Lockdown: 17 million

Loss of Salaried Jobs in Lockdown: 17 million

Rediff.com2 Sep 2020

'Loss of these urban salaried jobs is, therefore, likely to have a particularly debilitating impact on the economy, besides causing immediate hardship to middle-class households,' points out Mahesh Vyas.

CBI books ITBP officer for corruption in buying heating oil for LAC outpost

CBI books ITBP officer for corruption in buying heating oil for LAC outpost

Rediff.com26 Jul 2022

The CBI has booked an ITBP commandant and his two subordinates for alleged corruption in purchase of heating oil and other items for an outpost at Indo-China LAC in Uttarakhand, officials said Tuesday.

Taking on Google, FB, Apple: CCI seeks more teeth to tackle Big Tech

Taking on Google, FB, Apple: CCI seeks more teeth to tackle Big Tech

Rediff.com31 May 2022

Ashok Kumar Gupta, chairman of the Competition Commission of India (CCI), has never minced words while talking about the giant technology companies, referring to them on multiple occasions as "centres for entrenched and unchecked dominance". The anti-trust regulator has, in fact, been cracking down on big technology companies such as Google, Apple, Facebook, and others, after they were hauled up by regulators and lawmakers in Europe and Australia. However, in several instances, existing regulations have prevented the CCI from going all out against these companies for anti-competitive activities.

Real Heroes Of Web Revolution

Real Heroes Of Web Revolution

Rediff.com21 Mar 2023

The tech creators, or the ones who made billions, asks Ajit Balakrishnan.

'Can I get term insurance benefits from 2 insurers?'

'Can I get term insurance benefits from 2 insurers?'

Rediff.com8 Sep 2022

Sanjib Jha, CEO, Coverfox Insurance Broking answers your health insurance related queries.

LS approves 74% FDI in insurance by voice vote

LS approves 74% FDI in insurance by voice vote

Rediff.com22 Mar 2021

A bill to increase foreign direct investment (FDI) in the insurance sector from 49 per cent to 74 per cent was approved by Parliament with the Lok Sabha giving green signal to the legislation by a voice vote on Monday.

Land bill deadlock impacting rural development: PM at NITI Aayog meet

Land bill deadlock impacting rural development: PM at NITI Aayog meet

Rediff.com15 Jul 2015

Ahead of the Parliament session, Prime Minister Narendra Modi on Wednesday reached out to parties appealing them not to come in the way of prosperity of farmers, saying the deadlock over the land acquisition bill is seriously impacting rural development.

'DTC Bill a dampener, but SEZs will retain sheen'

'DTC Bill a dampener, but SEZs will retain sheen'

Rediff.com12 Oct 2010

As per the SEZ Act, 2005, and SEZ Rules, 2006, SEZ units are entitled to exemption from duty of customs and excise, exemption from service tax and VAT, exemption from stamp duty and registration fees and exemption from electricity duty, besides income tax exemption on export profits.