Union Minister of Corporate Affairs Dr. M. Veerappa Moily today informed the Rajya Sabha that some instances of violations have come to the notice of the Institute of Chartered Accountants of India (ICAI) which is examining the same. ICAI is itsel
Here are the opening remarks of the Finance Minister: ‘It is an honour and a privilege to be in this beautiful city, the capital of Nepal. It brought back fond memories of my previous visits. It has been a very busy but most useful visit t
The decision of the Union Cabinet to permit FDI into multi-brand retail in the country will create 10 million new jobs including 6 million in the logistics sector alone, said Shri Anand Sharma, Union Minister for Commerce and Industry. Addressing
Minority shareholders are allowed to vote through postal ballots, but rarely do so as they may not be able to take a view on the subject In a move to protect the interest of minority shareholders and improve corporate governance in Indian firms,
It wasn't just a vocal opposition that was against the Cabinet's decision to allow 51% foreign direct investment (FDI) in multi-brand retail business. The cabinet itself was split down the middle, which had an animated — even heated &m
RBI/2011-12/281 UBD.BPD.(PCB)CIR No.13/13.01.000/2011-12 November 25, 2011 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam, Deregulation of Savings Bank Deposit Interest Rate Please refer to our circular No
You will soon be able to walk into a mega deep discount store run by global retailers such as Walmart, Tesco and Carrefour in your neighbourhood. Brushing aside political resistance from allies Trinamool Congress and DMK as well as some Congre
The Reserve Bank of India (RBI) has approved state-owned Air India Ltd’s financial restructuring plan with conditions and asked a group of creditors led by State Bank of India (SBI) to take the process forward. RBI has written to SBI and o
Sub : Online change of Address Dear Member, This has a reference to the ongoing initiative of the Institute for automation. In this regard, the facility for online change of address of the Members has also been added to the list of services alr
The Government proposes to set up National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) which will replace Company Law Board, Board for Industrial and Financial Reconstruction and Appellate Authority for Industrial
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