Page-14 of Business

Deloitte India Risk Survey 2018

Deloitte is a multinational professional services network and one of the “Big Four” accounting organizations. About the Survey: Deloitte India Risk Advisory surveyed more than 100 stakeholders covering board level executives, CEOs, CFOs, CRO, Business Leaders, and Heads of Internal Audit. The ..

Government makes demat mandatory for issue and transfer of shares

Union Ministry of Corporate Affairs (MCA) has mandatory for unlisted public companies to issue new shares or transfer of all shares in dematerialised or demat (i.e. in electronic form) form beginning October 2, 2018. With this, major benefits of dematerialisation ..

Month: 

Ramesh Abhishek to head panel of secretaries to look into issues raised on some proposals of draft e-commerce policy

The Government of India (GoI) has set up a group of secretaries to look into the issues raised on some proposals of the draft e-commerce policy. The group will be chaired by Ramesh Abhishek, the secretary in the Department of ..

Government doubles monetary limit for filing cases in DRT

 Union Finance Ministry has doubled pecuniary limit to Rs. 20 lakh from Rs.10 lakh for filing loan recovery application in Debt Recovery Tribunals (DRT) by banks and financial institutions. It means that bank or financial institution or consortium of banks ..

Month: 

ONGC discovers oil, gas reserves in Madhya Pradesh, West Bengal

State-owned Oil and Natural Gas Corp (ONGC) has made oil and gas discoveries in Madhya Pradesh and West Bengal that may potentially open up two new sedimentary basins in country. They are category-III basins, having hydrocarbon and are considered geologically ..

Month: 

Temasek inks agreement to invest $400 million in NIIF Master Fund

Singapore-based global investment firm Temasek has signed agreement to invest up to Rs 2,750 crore ($400 million) in National Investment and Infrastructure Fund’s (NIIF) Master Fund. With this investment, NIIF Master Fund is now one of largest infrastructure funds in ..

Month: 

Lockheed Martin, Tata JV to make F-16 jet wings in India

American security and aerospace giant Lockheed Martin has entered into an agreement with Tata Advanced Systems Limited (TASL) to manufacture wings of its F-16 fighter jets in India. Producing F-16 wings in India will support Central Government’s flagship ‘Make in ..

Month: 

S&P BSE Private Banks Index: Asia Index Pvt Ltd launches index to measure the performance of private banks

Asia Index Pvt Ltd has launched S&P BSE Private Banks Index to measure the performance of private banks. Asia Index Pvt Ltd is a joint venture between S&P Dow Jones Indices and BSE Ltd S&P BSE Private Banks Index This ..

Month: 

Government launches Coffee Connect app and KrishiTharanga project

Union Ministry of Commerce & Industry launched Coffee Connect-India coffee field force app and Coffee KrishiTharanga – digital mobile extension services project for coffee stakeholders. These initiatives were developed by Coffee Board of India for the overall technological advancement of ..

Month: 

Government receives Rs. 3,000 crore from MNCs that have entered into APAs

Union Government has received Rs. 3,000 crore of additional tax from MNCs that have entered into advance pricing agreements (APAs) with it over last five years and also has eliminatedbig source of tax litigation. It was revealed in recently released ..

Month: