New company incorporation vs. renaming of old company

yes from from groceries retail to Manpower supplier firm. objects can be changed

object and name change of the Company is easier than incorporating a new company.

1) Timelines:- New company can be incorporated in one or two day but the documention for incorportion takes time whereas in name and object chnage, it generally takes a month.

2). Cost: Incorporation is little more expensive.

From economical point of view better to change the name and amend the MOA & AOA according to the nature of new business.