The Home Ministry has conveyed to the Department of Economic Affairs (DEA) that it has not given security clearance to the Abu Dhabi-based Etihad Airways' proposal to buy a 24 per cent stake in Jet Airways.
However, many of these firms were facing an uphill task of convincing the people on the ground to return to work, as many are apprehensive of their safety.
Among the other conditions of the Hinduja group for picking up a stake in Jet is that bankers must take a haircut of 80 per cent and that they should help negotiate with operational creditors like aircraft lessors for moratorium on certain immediate payments.
No time to sort out the issue in Budget: Khursheed
The Indians, including 39 construction workers abducted by the Islamic State militants over two months ago in conflict-hit Mosul town of Iraq, are "unharmed", external affairs ministry said on Thursday.
Ministries seek more discussions, Cabinet defers decision.
During the short hearing, Justice Prathibha M Singh took strong objection to an email sent by WhatsApp to the court. "I was in any case not going to hear it," the court clarified and sent the matter to another bench recording that the email sent by WhatsApp should be withdrawn unconditionally.
ED orders Chanda Kochhar to appear with asset lists also provide income-tax returns in her individual capacity and of companies if she was a director or held any position.
The entities are classified as 'vanishing companies' if they cease to file their balance sheets and other documents after raising capital and the whereabouts of their offices or directors become untraceable.
Currently, most crowdfunding platforms neither operate with proper authorisation nor are governed under any law.
'The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,' said an official. 'The first two issues we want to tackle and complete in FY20 are Air India and Hotel Ashok.'
'It is entering growth territory on a month-on-month basis.'
The data was not available for a couple of days and it created panic in the public, mostly among the people excluded from the list as the rejection certificates were yet to be issued.
Phase-I clinical trials have revealed "excellent safety" of the two candidate vaccines indigenously developed by Bharat Biotech in collaboration with Indian Council of Medical Research and Cadila Healthcare Ltd and their immunogenicity testing is now in progress, minister of state for health Ashwini Choubey informed the Rajya Sabha on Tuesday.
In a filing on March 18, 2012, Wave Industries, a key Chadhaa group company that controls its sugar and distilleries businesses, said Hardeep had vacated the office of director under Section 283.
Ministry of corporate affairs directs Registrar of Companies to conduct quarterly scrutiny
The corporate affairs ministry has mooted the idea.
Data from market research agency Nielsen shows that 152 new players entered the hygiene market in March as the lockdown was implemented to contain the spread of the coronavirus disease. The trend is expected to continue, the agency says, as hygiene and health emerge as key themes.
The auditor will also investigate into the circumstance under which Coffee Day Enterprises late founder V G Siddhartha had written the purported letter dated July 27, 2019, alleging harassment by the Income Tax department.
The government on Monday asked the investors planning to invest their money in Initial Public Offerings (IPOs) to check with the Ministry of Corporate Affairs on issues like the promoters' track record and regulatory compliances.
Union minister Ram Vilas Paswan appealed to people to boycott products from China and also directed officials of his ministry not to procure any Chinese products for day-to-day office use while his ministerial colleague Ramdas Athawale said all restaurants and hotels that sell Chinese food in India should be closed down.
'We have to plan for whatever the new normal is.'
Nultiple regulators are probing the nexus of scamsters with diamonds after a state-run bank got defrauded of $1.8 billion by designer jeweller Nirav Modi.
There is more than what meets the eye to the wealth accumulated by Punjab Deputy Chief Minister Sukhbir Singh Badal.
When word got around in the ministry of external affairs that Siddhartha and Malavika were going to New York and would be with SM Krishna, protocol officers went to Delhi airport to see off the couple. Siddhartha chided them for doing so and when the officials said a government vehicle would be picking them up at John F Kennedy airport on arrival, he told them that he would take a taxi to reach the New York Palace hotel where his father-in-law was staying. K P Nayar reports.
The 15 proposals were cleared following recommendations by Foreign Investment Promotion Board.
The talks between Singh and Esper came a day after Prime Minister Narendra Modi held a telephonic conversation with US President Donald Trump.
The government is proposing to ban distribution of gifts and food coupons at the Annual General Meetings of companies, as these activities distract shareholders from serious business.
Independent directors of Satyam were not involved in the multi-crore accounting fraud in the IT company and were kept in the dark by founder-chairman B Ramalinga Raju, the Serious Fraud Investigation Office has concluded.
However, financial flows to the economy remained constrained because of decline in the amount of equity finance raised from the capital markets and stress in the NBFC sector, Finance Minister Nirmala Sitharaman pointed out.
The crisis-hit NSEL is promoted by Jignesh Shah-led Financial Technologies (India) Ltd.
MAG was constituted by Department of Electronics and IT in February 2014.
All existing instruments in e-form by September 30; move to affect 200,000 companies
The RBI is understood to be dithering since it would want more clarity on the cost of the fiscal policies the new government would undertake before it decides to cut rates, even though it has pencilled in a lower gross domestic product growth rate for this fiscal year.
The Foreign Investment Promotion Board (FIPB) on Monday deferred a decision on Vodafone's Rs 10,141 crore (Rs 101.41 billion) proposal to buy out minority shareholders in its Indian arm as the Ministry of Home Affairs is yet to give its comments.
The Ministry of Home Affairs (MHA), in its circular, had asked all employers to make payment of wages to their workers without any deduction for the period their establishments were under closure during the lockdown to contain COVID-19.
Wilful defaulters, responsible for non-performing assets for over a year, would be prohibited from taking over an insolvent company.
Concerned over violence in Jammu and Kashmir in last four days, the Centre on Saturday decided to rush 3,600 additional paramilitary personnel to the Valley and asked the state government to ensure that there is no further loss of lives.
These companies are not registered with RBI or the Securities and Exchange Board of India, the key agencies regulating the financial markets.
The Ministry of Corporate Affairs has decided to relax the norms for companies to maintain minimum paid-up capital. According to the Companies Act 1956, the minimum paid-up capital for a private company is Rs 1 lakh and for a listed company Rs 5 lakh.
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