The organised sector now accepts accredited firms as labour providers for factory shop floors.
The latest ruling by the Registrar of Companies (RoC) in the LinkedIn Technology Information case for violating significant beneficial ownership (SBO) norms has brought the amended rules into the spotlight. Experts suggest that more entities, particularly multinational companies (MNCs), are expected to face greater scrutiny. "Companies are closely watching this space.
The EOW stated in its closure report that it did not see any criminality or wrongdoing in the matter, adding that the bank in question did not suffer any losses in the process of sanctioning loans or selling the Jarandeshwar Sugar Mill.
'Since we are in the same party now, there has to be political camaraderie if nothing more.'
From taking charge of Jharkhand as its youngest chief minister at 38 to establishing himself as a 'fighter' for tribal rights, Hemant Soren, who was arrested by the Enforcement Directorate, is an accidental leader thrust into politics after a family tragedy.
For the first time in its history, state-run carrier Air-India will sell its six Airbus A310-300 aircraft to a European bank and lease them back to its fleet for operations, in a sale-and-lease back deal.
India's retail giants, including Kishore Biyani's Future Group, Mukesh Ambani's Reliance Retail and Sunil Mittal-promoted Bharti group, have started negotiations with the railways for leasing land for retail development.
'Garm Hava understands that the scorching, hate-filled, doubt-filled affair between Hindus and Muslims is our national love affair.' Sreehari Nair revisits M S Sathyu's classic film, featuring the incomparable Balraj Sahni at his finest in his final role.
DDA exploring options, including auction and renewal of lease.
From its lows this month, the stock of Bharti Airtel is up 14 per cent. The gains for the telco have come on the back of expectations that market share consolidation, tariff hike and lower capex should boost margins and profits. While the company is a key player in the Indian market, it also has a leadership position in major markets of Africa.
'The top five IT giants are not hiring, but most of the freshers want to start their careers with the top five IT firms.' 'In today's scenario this is a challenge.'
Extending lease period of Wakf property to 30 years is among the amendments likely to be introduced in the Wakf Act 1995 to prevent misuse of such institutions, the government said on Tuesday.
The Supreme Court on Thursday cancelled 49 mining leases due to illegalities in Bellary, Tumkur and Chitradurga districts of Karnataka, but allowed resumption of activity in mines with lesser illegalities, as recommended by a Central Empowered Committee. CEC had categorised the mines in the area in three categories -- A, B and C. The mines with least or no irregularities were categorised as 'A' and those with maximum illegalities were placed in category 'C'.
The former Uttar Pradesh chief minister is scheduled to attend a meeting of PDA "Picchda (backward classes), Dalit and Alpsankhyak (minorities)" at the party office in Lucknow and has no plans to go anywhere till now
'The expeditious enactment of labour codes and strategic measures to bridge the skills jobs gap are critical.'
Now, with the INDIA bloc putting up an impressive show in the Lok Sabha polls and managing to stop the BJP juggernaut, opposition leaders will be looking at the senior Pawar for guidance in navigating the political space against the saffron party post-elections.
'Corporations that were recruiting 15 or 20 [students] have reduced the number to two or three.'
Within days of deciding to sell and leaseback the first seven Boeing 787 Dreamliners it will receive till this June, Air India has offered to lease five of its eight Boeing 777-200 planes for 8-10 years, officials said.
India is procuring the long-endurance 'hunter-killer' drones to crank up the surveillance apparatus of the armed forces, especially along the Line of Actual Control with China.
Sources within the Congress, including those who have been members of the teams that drafted its 2019 and 2024 Lok Sabha poll manifestos, said the Karnataka government decision lacked any empirical basis.
India and Iran on Monday signed a 10-year contract for the operation of a terminal at the strategically important Chabahar port in Iran, a move that will boost regional connectivity as well as trade ties. This is the first time India will take over the management of an overseas port that will also have a multiplier effect on trade among India, Iran and Afghanistan as efforts continue to directly tap the potential in Central Asia, bypassing neighbouring Pakistan.
A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay.
'There is no peace in the Kashmir Valley.'
Global coworking player WeWork has filed for bankruptcy in the US and has also started a comprehensive reorganisation and restructuring process to cut debt and strengthen its balance sheet. NYSE-listed WeWork Inc said that its centres located outside the US and Canada will not be part of this proceedings. Softbank-backed WeWork Inc, which was once valued at $47 billion, had reported a net loss of $696 million in the first half of this year.
The department had earlier also examined the option of a direct equity sale but opted for a PPP model because it offered revenue sharing opportunities, fertiliser secretary Atul Chaturvedi said. Chaturvedi explained that whereas the outright sale of equity will mean the government will have to wait for the plants to make profits to get a share of revenue, the PPP mode will help it do so in the first year.
The International Financial Services Centre Authority (IFSCA) plans to operationalise the framework for direct listing of companies at International Financial Services Centre (IFSC) exchanges by the end of the year, said Chairperson K Rajaraman. He added that the amendments would be notified within three months. Further, the GIFT City regulator is also considering the launch of separate payments system regulations - similar to that of the real time gross settlement (RTGS) for banking within a few months.
The agreement was signed on Tuesday at state's Isaac Regional Council meeting.
The Delhi Development Authority has cancelled the lease agreement of land allotted to Escorts Heart Institute and Research Centre due to violations of the terms of the allotment.
Indian Hotels Company Ltd has secured New York-based Pierre Hotel on lease.
The Agency said it has delivered the required certification notifying Congress of this possible sale on Thursday.
Nearly 40 per cent of IITians sitting for placements in 2024 are yet to receive job offers, showing a doubling of the 'unplaced' in the last three years from 19 per cent in 2021-2022 to 38 per cent in 2023-2024.
Leasing expenses may help save up to 30% for those in the highest tax bracket, but the salaried get no such benefits.
The national carrier recently invited expressions of interest to appoint a real estate firm to advice it on the deal.
Sandeshkhali Block 2, the epicentre of the violent protests triggered by allegations of land encroachment and sexual misconduct involving local TMC leaders, has contributed the largest share of close to 1,000 complaints.
The rent paid by a tenant who later decides to buy the flat will be deducted from the sale price as down payment. There will be no compulsion to buy. Someone who chooses to move on has the option of passing on the lease to a friend or relative. The rent paid by the original occupier will, in that case, also be treated as part of the down payment if the purchase is later made by the next man.
